Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBCI	GLACIER BANCORP INC NEW	300,712 (+1.7%)	$12.99M (-14.8%)	9.0%	$43.20	$48.87	-11.6%	COM	37637Q105
HONA	HONEYWELL AEROSPACE INC	13,575 (+203.4%)	$2.104M (+112.6%)	1.5%	$154.97	$201.10	-22.9%	COM	43849R105
BP	BP PLC	78,847 (+5.1%)	$3.468M (+25.1%)	2.4%	$43.99	$28.99	+51.8%	SPONSORED ADR	055622104
LUV	SOUTHWEST AIRLS CO	87,150 (+4.5%)	$3.629M (-15.4%)	2.5%	$41.64	$31.91	+30.5%	COM	844741108
TGT	TARGET CORP	10,550 (+3.4%)	$1.653M (+24.1%)	1.1%	$156.69	$93.58	+67.4%	COM	87612E106
NVO	NOVO-NORDISK A S	31,400 (+3.3%)	$1.19M (-18.3%)	0.8%	$37.91	$43.06	-12.0%	ADR	670100205
GT	GOODYEAR TIRE & RUBR CO	221,000 (+11.6%)	$1.098M (-15.9%)	0.8%	$4.97	$8.36	-40.5%	COM	382550101
WY	WEYERHAEUSER CO	68,750 (+11.3%)	$1.31M (-11.4%)	0.9%	$19.05	$25.22	—	COM NEW	962166104
UPS	UNITED PARCEL SVCS INC	17,200 (+4.2%)	$1.607M (-9.4%)	1.1%	$93.44	$139.27	-32.9%	CL B	911312106
TSN	TYSON FOODS INC	26,850 (+28.8%)	$1.357M (+13.7%)	0.9%	$50.53	$55.74	-9.4%	CL A	902494103
DOW	DOW HLDGS INC	82,900 (+6.3%)	$2.283M (+7.0%)	1.6%	$27.54	$34.37	-19.9%	COM	260557103
BROS	DUTCH BROS INC	17,300 (+55.9%)	$667K (-16.3%)	0.5%	$38.56	$44.48	-13.3%	CL A	26701L100
DOG	PROSHARES TR	19,150 (+34.4%)	$426K (+38.4%)	0.3%	$22.27	$24.13	-7.7%	PSHS SHORT DOW30	74347B235
WYNN	WYNN RESORTS LTD	22,515 (+18.4%)	$1.788M (-3.1%)	1.2%	$79.43	$82.95	-4.2%	COM	983134107
PFE	PFIZER INC	10,500 (+4.0%)	$299K (+23.1%)	0.2%	$28.52	$26.18	+9.0%	COM	717081103
PSQ	PROSHARES TR	154,400 (+1.4%)	$3.832M (+0.5%)	2.7%	$24.82	$33.78	-26.5%	SHORT QQQ	74349Y837
ARCO	ARCOS DORADOS HLDGS INC	394,000 (+12.6%)	$2.817M (-0.1%)	2.0%	$7.15	$6.35	+12.6%	SHS CLASS -A -	G0457F107
LAC	LITHIUM AMERS CORP NEW	132,500 (+47.2%)	$348K (+0.6%)	0.2%	$2.63	$4.29	-38.7%	COM SHS	53681J103

Exited Positions (4)

LYFT LYFT INC 0.4%

Value $579K Shares 39,600 Share Price $14.61 * Est. Cost/Share $24.49 Unrealized @ Report Date -38.7%

ONON ON HLDG AG 0.2%

Value $301K Shares 8,500 Share Price $35.42 * Est. Cost/Share $36.55 Unrealized @ Report Date -19.0%

CTVA CORTEVA INC 0.2%

Value $237K Shares 2,800 Share Price $84.69 * Est. Cost/Share $43.81 Unrealized @ Report Date +77.2%

CPB THE CAMPBELLS COMPANY 0.1%

Value $206K Shares 9,250 Share Price $22.27 * Est. Cost/Share $31.32 Unrealized @ Report Date -36.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LYFT	LYFT INC	39,600	$579K	0.4%	$14.61 *	$24.49	-38.7%	—	55087P104
ONON	ON HLDG AG	8,500	$301K	0.2%	$35.42 *	$36.55	-19.0%	—	H5919C104
CTVA	CORTEVA INC	2,800	$237K	0.2%	$84.69 *	$43.81	+77.2%	—	22052L104
CPB	THE CAMPBELLS COMPANY	9,250	$206K	0.1%	$22.27 *	$31.32	-36.7%	—	134429109

Decreased Positions (37)

INTC INTEL CORP 2.3%

Value $3.258M (-30.7%) Shares 27,100 (-19.5%) Share Price $120.23 Est. Cost/Share $36.91 Unrealized @ Report Date +225.7%

FMC FMC CORP 1.0%

Value $1.511M (-29.3%) Shares 169,400 (-8.9%) Share Price $8.92 Est. Cost/Share $22.84 Unrealized @ Report Date -60.9%

SHEL SHELL PLC 3.0%

Value $4.296M (+14.2%) Shares 45,200 (-6.8%) Share Price $95.05 Est. Cost/Share $52.49 Unrealized @ Report Date +81.1%

HON HONEYWELL INTL INC 0.3%

Value $469K (-53.2%) Shares 2,225 (-50.3%) Share Price $210.94 Est. Cost/Share $223.90 Unrealized @ Report Date —

IMAX IMAX CORP 1.6%

Value $2.277M (+21.2%) Shares 41,550 (-11.9%) Share Price $54.80 Est. Cost/Share $34.87 Unrealized @ Report Date +57.2%

IBM INTERNATIONAL BUSINESS MACHS 0.6%

Value $814K (-32.7%) Shares 3,700 (-14.0%) Share Price $219.93 Est. Cost/Share $109.92 Unrealized @ Report Date +100.1%

MGM MGM RESORTS INTERNATIONAL 0.3%

Value $388K (-49.3%) Shares 12,500 (-21.9%) Share Price $31.05 Est. Cost/Share $44.88 Unrealized @ Report Date -30.8%

BCS BARCLAYS PLC 1.5%

Value $2.196M (-13.5%) Shares 90,500 (-4.2%) Share Price $24.27 Est. Cost/Share $22.15 Unrealized @ Report Date +9.6%

NEM NEWMONT CORP 1.4%

Value $2.076M (+19.2%) Shares 18,000 (-3.5%) Share Price $115.34 Est. Cost/Share $45.20 Unrealized @ Report Date +155.2%

WFC WELLS FARGO & CO 0.7%

Value $1.021M (-20.3%) Shares 12,750 (-17.7%) Share Price $80.05 Est. Cost/Share $44.13 Unrealized @ Report Date +81.4%

F FORD MTR CO 0.7%

Value $952K (-20.8%) Shares 78,900 (-8.7%) Share Price $12.06 Est. Cost/Share $11.24 Unrealized @ Report Date +7.3%

BAC BANK OF AMER CORP 0.5%

Value $653K (-22.0%) Shares 12,000 (-18.4%) Share Price $54.43 Est. Cost/Share $38.71 Unrealized @ Report Date +40.6%

CVX CHEVRON CORPORATION 0.8%

Value $1.164M (+18.0%) Shares 5,700 (-4.2%) Share Price $204.21 Est. Cost/Share $99.29 Unrealized @ Report Date +105.7%

CNH CNH INDL N V 2.0%

Value $2.849M (+6.6%) Shares 221,750 (-6.8%) Share Price $12.85 Est. Cost/Share $10.90 Unrealized @ Report Date +17.8%

MSOS ADVISORSHARES TR 0.4%

Value $570K (-20.5%) Shares 126,000 (-10.6%) Share Price $4.52 Est. Cost/Share $5.71 Unrealized @ Report Date -20.9%

WMB WILLIAMS COS INC 0.7%

Value $965K (-12.9%) Shares 14,200 (-4.7%) Share Price $67.97 Est. Cost/Share $22.75 Unrealized @ Report Date +198.7%

KHC KRAFT HEINZ CO 0.8%

Value $1.114M (-10.2%) Shares 49,050 (-6.7%) Share Price $22.72 Est. Cost/Share $29.86 Unrealized @ Report Date -23.9%

VGK VANGUARD INTL EQUITY INDEX F 1.2%

Value $1.736M (-6.6%) Shares 20,000 (-4.8%) Share Price $86.80 Est. Cost/Share $66.60 Unrealized @ Report Date +30.3%

VZ VERIZON COMMUNICATIONS INC 1.1%

Value $1.594M (-6.2%) Shares 34,750 (-13.4%) Share Price $45.87 Est. Cost/Share $39.03 Unrealized @ Report Date +17.5%

EUFN ISHARES TR 0.4%

Value $636K (-14.1%) Shares 16,000 (-15.8%) Share Price $39.78 Est. Cost/Share $20.03 Unrealized @ Report Date +98.6%

INSP INSPIRE MED SYS INC 0.2%

Value $298K (-23.2%) Shares 4,300 (-50.6%) Share Price $69.36 Est. Cost/Share $71.30 Unrealized @ Report Date -2.7%

MDT MEDTRONIC PLC 0.8%

Value $1.169M (+6.4%) Shares 13,550 (-3.6%) Share Price $86.29 Est. Cost/Share $84.06 Unrealized @ Report Date +2.7%

HMC HONDA MOTOR CO LTD 0.4%

Value $525K (+15.2%) Shares 16,600 (-1.2%) Share Price $31.60 Est. Cost/Share $28.18 Unrealized @ Report Date +12.1%

WAB WABTEC 0.1%

Value $201K (-25.4%) Shares 700 (-30.0%) Share Price $287.18 Est. Cost/Share $89.57 Unrealized @ Report Date +220.6%

FETH FIDELITY ETHEREUM FD 0.2%

Value $239K (+38.1%) Shares 9,000 (-18.2%) Share Price $26.57 Est. Cost/Share $20.49 Unrealized @ Report Date +29.6%

NVST ENVISTA HOLDINGS CORPORATION 0.3%

Value $428K (-13.3%) Shares 18,250 (-2.7%) Share Price $23.47 Est. Cost/Share $18.59 Unrealized @ Report Date +26.2%

CDE COEUR MNG INC 1.3%

Value $1.904M (+3.4%) Shares 108,200 (-4.1%) Share Price $17.60 Est. Cost/Share $18.23 Unrealized @ Report Date -3.4%

DOCU DOCUSIGN INC 0.2%

Value $302K (+23.7%) Shares 4,500 (-18.2%) Share Price $67.15 Est. Cost/Share $46.87 Unrealized @ Report Date +43.3%

ROG ROGERS CORP 0.3%

Value $379K (-11.9%) Shares 2,475 (-5.7%) Share Price $152.99 Est. Cost/Share $105.86 Unrealized @ Report Date +44.5%

DAL DELTA AIR LINES INC 0.2%

Value $250K (-16.5%) Shares 3,000 (-6.3%) Share Price $83.46 Est. Cost/Share $56.83 Unrealized @ Report Date +46.9%

MRK MERCK & CO INC 1.0%

Value $1.38M (+2.8%) Shares 9,500 (-9.1%) Share Price $145.31 Est. Cost/Share $75.13 Unrealized @ Report Date +93.4%

NTNX NUTANIX INC 0.7%

Value $986K (+2.9%) Shares 14,000 (-25.5%) Share Price $70.41 Est. Cost/Share $34.30 Unrealized @ Report Date +105.3%

SCHW CHARLES SCHWAB CORP (THE) 0.5%

Value $782K (-2.6%) Shares 8,000 (-8.0%) Share Price $97.74 Est. Cost/Share $73.93 Unrealized @ Report Date +32.2%

LIND LINDBLAD EXPEDITIONS HLDGS I 1.6%

Value $2.233M (-0.9%) Shares 71,050 (-11.0%) Share Price $31.43 Est. Cost/Share $10.79 Unrealized @ Report Date +191.3%

HP HELMERICH & PAYNE INC 0.2%

Value $351K (-4.3%) Shares 9,450 (-15.6%) Share Price $37.14 Est. Cost/Share $18.33 Unrealized @ Report Date +102.6%

COP CONOCOPHILLIPS 0.2%

Value $269K (-4.1%) Shares 2,150 (-20.4%) Share Price $125.15 Est. Cost/Share $74.11 Unrealized @ Report Date +68.9%

DIS DISNEY WALT CO 0.6%

Value $886K (+0.1%) Shares 8,450 (-8.2%) Share Price $104.90 Est. Cost/Share $96.10 Unrealized @ Report Date +9.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
INTC	INTEL CORP	27,100 (-19.5%)	$3.258M (-30.7%)	2.3%	$120.23	$36.91	+225.7%	COM	458140100
FMC	FMC CORP	169,400 (-8.9%)	$1.511M (-29.3%)	1.0%	$8.92	$22.84	-60.9%	COM NEW	302491303
SHEL	SHELL PLC	45,200 (-6.8%)	$4.296M (+14.2%)	3.0%	$95.05	$52.49	+81.1%	SPON ADS	780259305
HON	HONEYWELL INTL INC	2,225 (-50.3%)	$469K (-53.2%)	0.3%	$210.94	$223.90	—	COM	438516205
IMAX	IMAX CORP	41,550 (-11.9%)	$2.277M (+21.2%)	1.6%	$54.80	$34.87	+57.2%	COM	45245E109
IBM	INTERNATIONAL BUSINESS MACHS	3,700 (-14.0%)	$814K (-32.7%)	0.6%	$219.93	$109.92	+100.1%	COM	459200101
MGM	MGM RESORTS INTERNATIONAL	12,500 (-21.9%)	$388K (-49.3%)	0.3%	$31.05	$44.88	-30.8%	COM	552953101
BCS	BARCLAYS PLC	90,500 (-4.2%)	$2.196M (-13.5%)	1.5%	$24.27	$22.15	+9.6%	ADR	06738E204
NEM	NEWMONT CORP	18,000 (-3.5%)	$2.076M (+19.2%)	1.4%	$115.34	$45.20	+155.2%	COM	651639106
WFC	WELLS FARGO & CO	12,750 (-17.7%)	$1.021M (-20.3%)	0.7%	$80.05	$44.13	+81.4%	COM	949746101
F	FORD MTR CO	78,900 (-8.7%)	$952K (-20.8%)	0.7%	$12.06	$11.24	+7.3%	COM	345370860
BAC	BANK OF AMER CORP	12,000 (-18.4%)	$653K (-22.0%)	0.5%	$54.43	$38.71	+40.6%	COM	060505104
CVX	CHEVRON CORPORATION	5,700 (-4.2%)	$1.164M (+18.0%)	0.8%	$204.21	$99.29	+105.7%	COM	166764100
CNH	CNH INDL N V	221,750 (-6.8%)	$2.849M (+6.6%)	2.0%	$12.85	$10.90	+17.8%	SHS	N20944109
MSOS	ADVISORSHARES TR	126,000 (-10.6%)	$570K (-20.5%)	0.4%	$4.52	$5.71	-20.9%	PURE US CANN ETF	00768Y453
WMB	WILLIAMS COS INC	14,200 (-4.7%)	$965K (-12.9%)	0.7%	$67.97	$22.75	+198.7%	COM	969457100
KHC	KRAFT HEINZ CO	49,050 (-6.7%)	$1.114M (-10.2%)	0.8%	$22.72	$29.86	-23.9%	COM	500754106
VGK	VANGUARD INTL EQUITY INDEX F	20,000 (-4.8%)	$1.736M (-6.6%)	1.2%	$86.80	$66.60	+30.3%	FTSE EUROPE ETF	922042874
VZ	VERIZON COMMUNICATIONS INC	34,750 (-13.4%)	$1.594M (-6.2%)	1.1%	$45.87	$39.03	+17.5%	COM	92343V104
EUFN	ISHARES TR	16,000 (-15.8%)	$636K (-14.1%)	0.4%	$39.78	$20.03	+98.6%	MSCI EURO FL ETF	464289180
INSP	INSPIRE MED SYS INC	4,300 (-50.6%)	$298K (-23.2%)	0.2%	$69.36	$71.30	-2.7%	COM	457730109
MDT	MEDTRONIC PLC	13,550 (-3.6%)	$1.169M (+6.4%)	0.8%	$86.29	$84.06	+2.7%	SHS	G5960L103
HMC	HONDA MOTOR CO LTD	16,600 (-1.2%)	$525K (+15.2%)	0.4%	$31.60	$28.18	+12.1%	ADR ECH CNV IN 3	438128308
WAB	WABTEC	700 (-30.0%)	$201K (-25.4%)	0.1%	$287.18	$89.57	+220.6%	COM	929740108
FETH	FIDELITY ETHEREUM FD	9,000 (-18.2%)	$239K (+38.1%)	0.2%	$26.57	$20.49	+29.6%	SHS	31613E103
NVST	ENVISTA HOLDINGS CORPORATION	18,250 (-2.7%)	$428K (-13.3%)	0.3%	$23.47	$18.59	+26.2%	COM	29415F104
CDE	COEUR MNG INC	108,200 (-4.1%)	$1.904M (+3.4%)	1.3%	$17.60	$18.23	-3.4%	COM NEW	192108504
DOCU	DOCUSIGN INC	4,500 (-18.2%)	$302K (+23.7%)	0.2%	$67.15	$46.87	+43.3%	COM	256163106
ROG	ROGERS CORP	2,475 (-5.7%)	$379K (-11.9%)	0.3%	$152.99	$105.86	+44.5%	COM	775133101
DAL	DELTA AIR LINES INC	3,000 (-6.3%)	$250K (-16.5%)	0.2%	$83.46	$56.83	+46.9%	COM NEW	247361702
MRK	MERCK & CO INC	9,500 (-9.1%)	$1.38M (+2.8%)	1.0%	$145.31	$75.13	+93.4%	COM	58933Y105
NTNX	NUTANIX INC	14,000 (-25.5%)	$986K (+2.9%)	0.7%	$70.41	$34.30	+105.3%	CL A	67059N108
SCHW	CHARLES SCHWAB CORP (THE)	8,000 (-8.0%)	$782K (-2.6%)	0.5%	$97.74	$73.93	+32.2%	COM	808513105
LIND	LINDBLAD EXPEDITIONS HLDGS I	71,050 (-11.0%)	$2.233M (-0.9%)	1.6%	$31.43	$10.79	+191.3%	COM	535219109
HP	HELMERICH & PAYNE INC	9,450 (-15.6%)	$351K (-4.3%)	0.2%	$37.14	$18.33	+102.6%	COM	423452101
COP	CONOCOPHILLIPS	2,150 (-20.4%)	$269K (-4.1%)	0.2%	$125.15	$74.11	+68.9%	COM	20825C104
DIS	DISNEY WALT CO	8,450 (-8.2%)	$886K (+0.1%)	0.6%	$104.90	$96.10	+9.2%	COM	254687106

Unchanged Positions (49)

PENN PENN ENTERTAINMENT INC 1.9%

Value $2.767M Shares 188,900 Share Price $14.65 Est. Cost/Share $49.89 Unrealized @ Report Date -70.6%

GE GE AEROSPACE 4.2%

Value $6.066M Shares 19,425 Share Price $312.29 Est. Cost/Share $61.27 Unrealized @ Report Date +409.7%

BA BOEING CO 3.6%

Value $5.135M Shares 27,600 Share Price $186.05 Est. Cost/Share $184.86 Unrealized @ Report Date +0.6%

GLPI GAMING & LEISURE P 2.1%

Value $2.972M Shares 78,260 Share Price $37.97 Est. Cost/Share $48.66 Unrealized @ Report Date —

GDX VANECK ETF TRUST 2.2%

Value $3.192M Shares 36,350 Share Price $87.80 Est. Cost/Share $31.44 Unrealized @ Report Date +179.3%

FIGS FIGS INC 0.6%

Value $880K Shares 63,500 Share Price $13.86 Est. Cost/Share $5.48 Unrealized @ Report Date +153.1%

B BARRICK MNG CORP 1.5%

Value $2.219M Shares 54,550 Share Price $40.67 Est. Cost/Share $20.08 Unrealized @ Report Date +102.6%

MBLY MOBILEYE GLOBAL INC 0.4%

Value $628K Shares 84,950 Share Price $7.39 Est. Cost/Share $9.84 Unrealized @ Report Date -24.9%

ALK ALASKA AIR GROUP INC 0.4%

Value $553K Shares 14,300 Share Price $38.70 Est. Cost/Share $42.71 Unrealized @ Report Date -9.4%

ELAN ELANCO ANIMAL HEALTH INC 1.2%

Value $1.668M Shares 74,500 Share Price $22.39 Est. Cost/Share $15.36 Unrealized @ Report Date +45.8%

VTRS VIATRIS INC 1.0%

Value $1.435M Shares 81,000 Share Price $17.72 Est. Cost/Share $10.56 Unrealized @ Report Date +67.8%

CNK CINEMARK HLDGS INC 0.7%

Value $1.005M Shares 26,950 Share Price $37.30 Est. Cost/Share $17.65 Unrealized @ Report Date +111.4%

PPLT ABRDN PLATINUM ETF TRUST 1.0%

Value $1.379M Shares 89,500 Share Price $15.41 Est. Cost/Share $101.54 Unrealized @ Report Date -84.8%

L LOEWS CORP 0.9%

Value $1.326M Shares 12,700 Share Price $104.43 Est. Cost/Share $55.90 Unrealized @ Report Date +86.8%

MKC MCCORMICK & CO INC 0.7%

Value $1.035M Shares 22,300 Share Price $46.40 Est. Cost/Share $49.06 Unrealized @ Report Date -5.4%

GVA GRANITE CONSTR INC 0.2%

Value $232K Shares 2,000 Share Price $115.91 Est. Cost/Share $70.28 Unrealized @ Report Date +64.9%

SQM SOCIEDAD QUIMICA Y MINERA DE 0.4%

Value $564K Shares 8,700 Share Price $64.87 Est. Cost/Share $53.47 Unrealized @ Report Date +21.3%

BMY BRISTOL-MYERS SQUIBB CO 0.7%

Value $952K Shares 15,250 Share Price $62.40 Est. Cost/Share $46.32 Unrealized @ Report Date +34.7%

NTR NUTRIEN LTD 0.5%

Value $695K Shares 9,900 Share Price $70.25 Est. Cost/Share $45.96 Unrealized @ Report Date +52.8%

PHYS SPROTT ASSET MANAGEMENT LP 1.3%

Value $1.907M Shares 61,000 Share Price $31.27 Est. Cost/Share $14.36 Unrealized @ Report Date —

FDX FEDEX CORP 0.5%

Value $670K Shares 2,350 Share Price $285.09 Est. Cost/Share $219.91 Unrealized @ Report Date +29.6%

SLB SLB LIMITED 1.0%

Value $1.398M Shares 28,700 Share Price $48.72 Est. Cost/Share $31.63 Unrealized @ Report Date +54.0%

WPM WHEATON PRECIOUS METALS CORP 0.3%

Value $388K Shares 2,900 Share Price $133.72 Est. Cost/Share $52.89 Unrealized @ Report Date +152.8%

IFF INTERNATIONAL FLAVORS&FRAGRA 0.8%

Value $1.194M Shares 14,300 Share Price $83.48 Est. Cost/Share $73.93 Unrealized @ Report Date +12.9%

ABNB AIRBNB INC 0.4%

Value $538K Shares 3,350 Share Price $160.65 Est. Cost/Share $129.46 Unrealized @ Report Date +24.1%

CCJ CAMECO CORP 0.2%

Value $321K Shares 3,700 Share Price $86.67 Est. Cost/Share $53.26 Unrealized @ Report Date +62.7%

SH PROSHARES TR 1.4%

Value $2.064M Shares 63,700 Share Price $32.40 Est. Cost/Share $36.63 Unrealized @ Report Date -11.6%

MCD MCDONALDS CORP 0.2%

Value $231K Shares 1,000 Share Price $230.94 Est. Cost/Share $238.81 Unrealized @ Report Date -3.3%

SHAK SHAKE SHACK INC 0.6%

Value $819K Shares 13,950 Share Price $58.68 Est. Cost/Share $72.47 Unrealized @ Report Date -19.0%

ERIC TELEFONAKTIEBOLAGET LM ERICS 0.1%

Value $165K Shares 18,000 Share Price $9.15 Est. Cost/Share $10.53 Unrealized @ Report Date -13.1%

FNV FRANCO NEV CORP 0.2%

Value $250K Shares 1,050 Share Price $238.11 Est. Cost/Share $180.19 Unrealized @ Report Date +32.1%

PAAS PAN AMERN SILVER CORP 1.4%

Value $1.96M Shares 43,065 Share Price $45.51 Est. Cost/Share $32.15 Unrealized @ Report Date +41.5%

CRWV COREWEAVE INC 0.1%

Value $209K Shares 2,400 Share Price $87.12 Est. Cost/Share $107.95 Unrealized @ Report Date -19.3%

FXI ISHARES TR 0.3%

Value $388K Shares 11,400 Share Price $34.02 Est. Cost/Share $23.06 Unrealized @ Report Date +47.5%

MTN VAIL RESORTS INC 1.8%

Value $2.545M Shares 18,550 Share Price $137.18 Est. Cost/Share $130.13 Unrealized @ Report Date +5.4%

STLA STELLANTIS N.V 0.0%

Value $65,400 Shares 15,000 Share Price $4.36 Est. Cost/Share $5.74 Unrealized @ Report Date —

KMI KINDER MORGAN INC DEL 0.2%

Value $317K Shares 10,500 Share Price $30.15 Est. Cost/Share $13.20 Unrealized @ Report Date +128.5%

EW EDWARDS LIFESCIENCES CORP 0.2%

Value $302K Shares 3,500 Share Price $86.32 Est. Cost/Share $82.07 Unrealized @ Report Date +5.2%

UL UNILEVER PLC 0.9%

Value $1.345M Shares 22,150 Share Price $60.73 Est. Cost/Share $67.26 Unrealized @ Report Date -9.7%

SLV ISHARES SILVER TR 0.5%

Value $681K Shares 12,500 Share Price $54.51 Est. Cost/Share $21.60 Unrealized @ Report Date +152.3%

DFE WISDOMTREE TR 0.3%

Value $372K Shares 5,000 Share Price $74.46 Est. Cost/Share $70.93 Unrealized @ Report Date +5.0%

IEV ISHARES TR 0.3%

Value $462K Shares 6,500 Share Price $71.13 Est. Cost/Share $53.87 Unrealized @ Report Date +32.0%

CRSP CRISPR THERAPEUTICS AG 0.9%

Value $1.351M Shares 24,425 Share Price $55.32 Est. Cost/Share $58.70 Unrealized @ Report Date -5.8%

MMM 3M CO 0.5%

Value $681K Shares 4,150 Share Price $164.15 Est. Cost/Share $101.76 Unrealized @ Report Date +61.3%

EEM ISHARES TR 0.2%

Value $314K Shares 4,700 Share Price $66.79 Est. Cost/Share $43.44 Unrealized @ Report Date +53.8%

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value $312K Shares 1,500 Share Price $208.02 Est. Cost/Share $158.00 Unrealized @ Report Date +31.7%

VEU VANGUARD INTL EQUITY INDEX F 0.3%

Value $382K Shares 4,600 Share Price $82.97 Est. Cost/Share $61.88 Unrealized @ Report Date +34.1%

VEA VANGUARD TAX-MANAGED FDS 0.2%

Value $282K Shares 4,000 Share Price $70.61 Est. Cost/Share $50.60 Unrealized @ Report Date +39.5%

KWEB KRANESHARES TRUST 0.3%

Value $471K Shares 19,200 Share Price $24.51 Est. Cost/Share $29.15 Unrealized @ Report Date -15.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PENN	PENN ENTERTAINMENT INC	188,900	$2.767M	1.9%	$14.65	$49.89	-70.6%	COM	707569109
GE	GE AEROSPACE	19,425	$6.066M	4.2%	$312.29	$61.27	+409.7%	COM NEW	369604301
BA	BOEING CO	27,600	$5.135M	3.6%	$186.05	$184.86	+0.6%	COM	097023105
GLPI	GAMING & LEISURE P	78,260	$2.972M	2.1%	$37.97	$48.66	—	COM	36467J108
GDX	VANECK ETF TRUST	36,350	$3.192M	2.2%	$87.80	$31.44	+179.3%	GOLD MINERS ETF	92189F106
FIGS	FIGS INC	63,500	$880K	0.6%	$13.86	$5.48	+153.1%	CL A	30260D103
B	BARRICK MNG CORP	54,550	$2.219M	1.5%	$40.67	$20.08	+102.6%	COM SHS	06849F108
MBLY	MOBILEYE GLOBAL INC	84,950	$628K	0.4%	$7.39	$9.84	-24.9%	COMMON CLASS A	60741F104
ALK	ALASKA AIR GROUP INC	14,300	$553K	0.4%	$38.70	$42.71	-9.4%	COM	011659109
ELAN	ELANCO ANIMAL HEALTH INC	74,500	$1.668M	1.2%	$22.39	$15.36	+45.8%	COM	28414H103
VTRS	VIATRIS INC	81,000	$1.435M	1.0%	$17.72	$10.56	+67.8%	COM	92556V106
CNK	CINEMARK HLDGS INC	26,950	$1.005M	0.7%	$37.30	$17.65	+111.4%	COM	17243V102
PPLT	ABRDN PLATINUM ETF TRUST	89,500	$1.379M	1.0%	$15.41	$101.54	-84.8%	PHYSCL PLATM SHS	003260106
L	LOEWS CORP	12,700	$1.326M	0.9%	$104.43	$55.90	+86.8%	COM	540424108
MKC	MCCORMICK & CO INC	22,300	$1.035M	0.7%	$46.40	$49.06	-5.4%	COM NON VTG	579780206
GVA	GRANITE CONSTR INC	2,000	$232K	0.2%	$115.91	$70.28	+64.9%	COM	387328107
SQM	SOCIEDAD QUIMICA Y MINERA DE	8,700	$564K	0.4%	$64.87	$53.47	+21.3%	SPON ADR SER B	833635105
BMY	BRISTOL-MYERS SQUIBB CO	15,250	$952K	0.7%	$62.40	$46.32	+34.7%	COM	110122108
NTR	NUTRIEN LTD	9,900	$695K	0.5%	$70.25	$45.96	+52.8%	COM	67077M108
PHYS	SPROTT ASSET MANAGEMENT LP	61,000	$1.907M	1.3%	$31.27	$14.36	—	PHYSICAL GOLD TR	85207H104
FDX	FEDEX CORP	2,350	$670K	0.5%	$285.09	$219.91	+29.6%	COM	31428X106
SLB	SLB LIMITED	28,700	$1.398M	1.0%	$48.72	$31.63	+54.0%	COM STK	806857108
WPM	WHEATON PRECIOUS METALS CORP	2,900	$388K	0.3%	$133.72	$52.89	+152.8%	COM	962879102
IFF	INTERNATIONAL FLAVORS&FRAGRA	14,300	$1.194M	0.8%	$83.48	$73.93	+12.9%	COM	459506101
ABNB	AIRBNB INC	3,350	$538K	0.4%	$160.65	$129.46	+24.1%	COM CL A	009066101
CCJ	CAMECO CORP	3,700	$321K	0.2%	$86.67	$53.26	+62.7%	COM	13321L108
SH	PROSHARES TR	63,700	$2.064M	1.4%	$32.40	$36.63	-11.6%	SHOR S&P 500 NEW	74349Y753
MCD	MCDONALDS CORP	1,000	$231K	0.2%	$230.94	$238.81	-3.3%	COM	580135101
SHAK	SHAKE SHACK INC	13,950	$819K	0.6%	$58.68	$72.47	-19.0%	CL A	819047101
ERIC	TELEFONAKTIEBOLAGET LM ERICS	18,000	$165K	0.1%	$9.15	$10.53	-13.1%	ADR B SEK 10	294821608
FNV	FRANCO NEV CORP	1,050	$250K	0.2%	$238.11	$180.19	+32.1%	COM	351858105
PAAS	PAN AMERN SILVER CORP	43,065	$1.96M	1.4%	$45.51	$32.15	+41.5%	COM	697900108
CRWV	COREWEAVE INC	2,400	$209K	0.1%	$87.12	$107.95	-19.3%	COM CL A	21873S108
FXI	ISHARES TR	11,400	$388K	0.3%	$34.02	$23.06	+47.5%	CHINA LG-CAP ETF	464287184
MTN	VAIL RESORTS INC	18,550	$2.545M	1.8%	$137.18	$130.13	+5.4%	COM	91879Q109
STLA	STELLANTIS N.V	15,000	$65,400	0.0%	$4.36	$5.74	—	SHS	N82405106
KMI	KINDER MORGAN INC DEL	10,500	$317K	0.2%	$30.15	$13.20	+128.5%	COM	49456B101
EW	EDWARDS LIFESCIENCES CORP	3,500	$302K	0.2%	$86.32	$82.07	+5.2%	COM	28176E108
UL	UNILEVER PLC	22,150	$1.345M	0.9%	$60.73	$67.26	-9.7%	SPON ADR NEW	904767803
SLV	ISHARES SILVER TR	12,500	$681K	0.5%	$54.51	$21.60	+152.3%	ISHARES	46428Q109
DFE	WISDOMTREE TR	5,000	$372K	0.3%	$74.46	$70.93	+5.0%	EUROPE SMCP DV	97717W869
IEV	ISHARES TR	6,500	$462K	0.3%	$71.13	$53.87	+32.0%	EUROPE ETF	464287861
CRSP	CRISPR THERAPEUTICS AG	24,425	$1.351M	0.9%	$55.32	$58.70	-5.8%	NAMEN AKT	H17182108
MMM	3M CO	4,150	$681K	0.5%	$164.15	$101.76	+61.3%	COM	88579Y101
EEM	ISHARES TR	4,700	$314K	0.2%	$66.79	$43.44	+53.8%	MSCI EMG MKT ETF	464287234
RSP	INVESCO EXCHANGE TRADED FD T	1,500	$312K	0.2%	$208.02	$158.00	+31.7%	S&P500 EQL WGT	46137V357
VEU	VANGUARD INTL EQUITY INDEX F	4,600	$382K	0.3%	$82.97	$61.88	+34.1%	ALLWRLD EX US	922042775
VEA	VANGUARD TAX-MANAGED FDS	4,000	$282K	0.2%	$70.61	$50.60	+39.5%	VAN FTSE DEV MKT	921943858
KWEB	KRANESHARES TRUST	19,200	$471K	0.3%	$24.51	$29.15	-15.9%	CSI CHI INTERNET	500767306