Elevate Capital Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IGSB	ISHARES TR	240,081	$12,695	8.4%	$52.88	—	ISHS 1-5YR INVS	464288646
SHY	ISHARES TR	62,390	$5,167	3.4%	$82.82	—	1 3 YR TREAS BD	464287457
ACGL	ARCH CAP GROUP LTD	14,640	$1,404	0.9%	$91.50	0.0%	ORD	G0450A105
CELH	CELSIUS HLDGS INC	28,043	$1,283	0.8%	$50.38	0.0%	COM NEW	15118V207
KNSL	KINSALE CAP GROUP INC	2,755	$1,078	0.7%	$407.67	0.0%	COM	49714P108
QLYS	QUALYS INC	5,030	$668	0.4%	$137.58	0.0%	COM	74758T303
Q	QNITY ELECTRONICS INC	7,938	$648	0.4%	$84.91	0.0%	COMMON STOCK	74743L100
PGR	PROGRESSIVE CORP	2,777	$632	0.4%	$212.34	0.0%	COM	743315103
GDS	GDS HLDGS LTD	15,820	$552	0.4%	$34.90	—	SPONSORED ADS	36165L108
TKO	TKO GROUP HOLDINGS INC	2,295	$480	0.3%	$193.76	0.0%	CL A	87256C101
DYN	DYNE THERAPEUTICS INC	24,114	$472	0.3%	$18.94	0.0%	COM	26818M108
ORI	OLD REP INTL CORP	10,000	$456	0.3%	$40.84	0.0%	COM	680223104
BND	VANGUARD BD INDEX FDS	6,033	$447	0.3%	$74.06	—	TOTAL BND MRKT	921937835
UNH	UNITEDHEALTH GROUP INC	1,284	$424	0.3%	$337.21	0.0%	COM	91324P102
ALNY	ALNYLAM PHARMACEUTICALS INC	1,039	$413	0.3%	$442.56	0.0%	COM	02043Q107
JOBY	JOBY AVIATION INC	30,459	$402	0.3%	$15.35	0.0%	COMMON STOCK	G65163100
NVR	NVR INC	50	$368	0.2%	$7476.40	0.0%	COM	62944T105
APP	APPLOVIN CORP	508	$342	0.2%	$630.10	0.0%	COM CL A	03831W108
VEA	VANGUARD TAX-MANAGED FDS	4,675	$292	0.2%	$62.47	—	VAN FTSE DEV MKT	921943858
BTC	GRAYSCALE BITCOIN MINI TR ET	7,285	$282	0.2%	$38.73	—	SHS NEW	389930207
GOOG	ALPHABET INC	800	$251	0.2%	$286.33	0.0%	CAP STK CL C	02079K107
SLV	ISHARES SILVER TR	3,494	$225	0.1%	$64.42	—	ISHARES	46428Q109
PRME	PRIME MEDICINE INC	42,666	$148	0.1%	$4.45	0.0%	COM	74168J101

Increased Positions (27)

LLY ELI LILLY & CO 1.7%

Value ($000) $2,613 (+426.3%) Shares 2,432 (+273.6%) Est. Cost $909.82 Unrealized +5.0%

AMZN AMAZON COM INC 3.4%

Value ($000) $5,066 (+42.3%) Shares 21,948 (+35.3%) Est. Cost $212.12 Unrealized +7.9%

AVGO BROADCOM INC 1.0%

Value ($000) $1,525 (+192.1%) Shares 4,407 (+178.4%) Est. Cost $302.47 Unrealized +18.0%

PHYS SPROTT ASSET MANAGEMENT LP 4.5%

Value ($000) $6,824 (+13.4%) Shares 206,666 (+1.8%) Est. Cost $20.63 Unrealized —

AXS AXIS CAP HLDGS LTD 1.9%

Value ($000) $2,869 (+38.7%) Shares 26,795 (+24.0%) Est. Cost $87.94 Unrealized +13.0%

CB CHUBB LIMITED 1.1%

Value ($000) $1,616 (+96.5%) Shares 5,177 (+77.7%) Est. Cost $282.73 Unrealized +3.4%

TSLA TESLA INC 0.8%

Value ($000) $1,219 (+182.9%) Shares 2,711 (+179.8%) Est. Cost $394.59 Unrealized +12.3%

KO COCA COLA CO 1.8%

Value ($000) $2,700 (+29.4%) Shares 38,626 (+22.7%) Est. Cost $65.21 Unrealized +6.4%

AAPL APPLE INC 2.8%

Value ($000) $4,279 (+14.1%) Shares 15,738 (+6.9%) Est. Cost $236.28 Unrealized +13.6%

MRK MERCK & CO INC 0.8%

Value ($000) $1,224 (+68.8%) Shares 11,633 (+34.6%) Est. Cost $84.15 Unrealized +10.8%

TRV TRAVELERS COMPANIES INC 3.5%

Value ($000) $5,316 (+10.2%) Shares 18,328 (+6.1%) Est. Cost $246.92 Unrealized +13.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.9%

Value ($000) $2,919 (+19.4%) Shares 5,807 (+19.4%) Est. Cost $468.46 Unrealized +6.2%

SMLF ISHARES TR 0.4%

Value ($000) $652 (+146.2%) Shares 8,709 (+144.5%) Est. Cost $74.66 Unrealized —

CME CME GROUP INC 1.8%

Value ($000) $2,649 (+15.1%) Shares 9,700 (+13.9%) Est. Cost $246.16 Unrealized +10.0%

L LOEWS CORP 1.7%

Value ($000) $2,579 (+12.7%) Shares 24,489 (+7.4%) Est. Cost $88.79 Unrealized +16.2%

NVDA NVIDIA CORPORATION 1.5%

Value ($000) $2,313 (+13.8%) Shares 12,403 (+13.8%) Est. Cost $135.36 Unrealized +37.5%

MCD MCDONALDS CORP 1.7%

Value ($000) $2,617 (+11.7%) Shares 8,564 (+11.1%) Est. Cost $297.84 Unrealized +2.4%

IBIT ISHARES BITCOIN TRUST ETF 1.2%

Value ($000) $1,825 (+12.2%) Shares 36,749 (+46.9%) Est. Cost $52.32 Unrealized —

XLE SELECT SECTOR SPDR TR 0.7%

Value ($000) $1,026 (-14.4%) Shares 22,939 (+71.0%) Est. Cost $68.66 Unrealized —

V VISA INC 2.6%

Value ($000) $3,868 (+3.9%) Shares 11,028 (+1.2%) Est. Cost $314.34 Unrealized +8.3%

HSY HERSHEY CO 2.7%

Value ($000) $4,103 (+3.1%) Shares 22,549 (+6.0%) Est. Cost $170.82 Unrealized +6.6%

META META PLATFORMS INC 2.8%

Value ($000) $4,281 (+1.8%) Shares 6,485 (+13.3%) Est. Cost $637.01 Unrealized +4.8%

DKNG DRAFTKINGS INC NEW 0.4%

Value ($000) $662 (+10.8%) Shares 19,218 (+20.2%) Est. Cost $35.60 Unrealized -7.6%

MSFT MICROSOFT CORP 2.7%

Value ($000) $4,120 (+1.4%) Shares 8,520 (+8.6%) Est. Cost $425.83 Unrealized +17.6%

FLUT FLUTTER ENTMT PLC 0.4%

Value ($000) $616 (+10.1%) Shares 2,864 (+30.0%) Est. Cost $241.80 Unrealized -7.0%

EQT EQT CORP 1.7%

Value ($000) $2,509 (+2.0%) Shares 46,809 (+3.6%) Est. Cost $45.98 Unrealized +22.1%

— NUVEEN PFD & INCOME OPPORTUN 0.2%

Value ($000) $286 (+1.0%) Shares 35,311 (+2.1%) Est. Cost $8.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	2,432 (+273.6%)	$2,613 (+426.3%)	1.7%	$909.82	+5.0%	COM	532457108
AMZN	AMAZON COM INC	21,948 (+35.3%)	$5,066 (+42.3%)	3.4%	$212.12	+7.9%	COM	023135106
AVGO	BROADCOM INC	4,407 (+178.4%)	$1,525 (+192.1%)	1.0%	$302.47	+18.0%	COM	11135F101
PHYS	SPROTT ASSET MANAGEMENT LP	206,666 (+1.8%)	$6,824 (+13.4%)	4.5%	$20.63	—	PHYSICAL GOLD TR	85207H104
AXS	AXIS CAP HLDGS LTD	26,795 (+24.0%)	$2,869 (+38.7%)	1.9%	$87.94	+13.0%	SHS	G0692U109
CB	CHUBB LIMITED	5,177 (+77.7%)	$1,616 (+96.5%)	1.1%	$282.73	+3.4%	COM	H1467J104
TSLA	TESLA INC	2,711 (+179.8%)	$1,219 (+182.9%)	0.8%	$394.59	+12.3%	COM	88160R101
KO	COCA COLA CO	38,626 (+22.7%)	$2,700 (+29.4%)	1.8%	$65.21	+6.4%	COM	191216100
AAPL	APPLE INC	15,738 (+6.9%)	$4,279 (+14.1%)	2.8%	$236.28	+13.6%	COM	037833100
MRK	MERCK & CO INC	11,633 (+34.6%)	$1,224 (+68.8%)	0.8%	$84.15	+10.8%	COM	58933Y105
TRV	TRAVELERS COMPANIES INC	18,328 (+6.1%)	$5,316 (+10.2%)	3.5%	$246.92	+13.6%	COM	89417E109
BRK/B	BERKSHIRE HATHAWAY INC DEL	5,807 (+19.4%)	$2,919 (+19.4%)	1.9%	$468.46	+6.2%	CL B NEW	084670702
SMLF	ISHARES TR	8,709 (+144.5%)	$652 (+146.2%)	0.4%	$74.66	—	US SML CAP EQT	46434V290
CME	CME GROUP INC	9,700 (+13.9%)	$2,649 (+15.1%)	1.8%	$246.16	+10.0%	COM	12572Q105
L	LOEWS CORP	24,489 (+7.4%)	$2,579 (+12.7%)	1.7%	$88.79	+16.2%	COM	540424108
NVDA	NVIDIA CORPORATION	12,403 (+13.8%)	$2,313 (+13.8%)	1.5%	$135.36	+37.5%	COM	67066G104
MCD	MCDONALDS CORP	8,564 (+11.1%)	$2,617 (+11.7%)	1.7%	$297.84	+2.4%	COM	580135101
IBIT	ISHARES BITCOIN TRUST ETF	36,749 (+46.9%)	$1,825 (+12.2%)	1.2%	$52.32	—	SHS BEN INT	46438F101
XLE	SELECT SECTOR SPDR TR	22,939 (+71.0%)	$1,026 (-14.4%)	0.7%	$68.66	—	STATE STREET ENE	81369Y506
V	VISA INC	11,028 (+1.2%)	$3,868 (+3.9%)	2.6%	$314.34	+8.3%	COM CL A	92826C839
HSY	HERSHEY CO	22,549 (+6.0%)	$4,103 (+3.1%)	2.7%	$170.82	+6.6%	COM	427866108
META	META PLATFORMS INC	6,485 (+13.3%)	$4,281 (+1.8%)	2.8%	$637.01	+4.8%	CL A	30303M102
DKNG	DRAFTKINGS INC NEW	19,218 (+20.2%)	$662 (+10.8%)	0.4%	$35.60	-7.6%	COM CL A	26142V105
MSFT	MICROSOFT CORP	8,520 (+8.6%)	$4,120 (+1.4%)	2.7%	$425.83	+17.6%	COM	594918104
FLUT	FLUTTER ENTMT PLC	2,864 (+30.0%)	$616 (+10.1%)	0.4%	$241.80	-7.0%	SHS	G3643J108
EQT	EQT CORP	46,809 (+3.6%)	$2,509 (+2.0%)	1.7%	$45.98	+22.1%	COM	26884L109
—	NUVEEN PFD & INCOME OPPORTUN	35,311 (+2.1%)	$286 (+1.0%)	0.2%	$8.09	—	COM	67073B106

Exited Positions (20)

CPNG COUPANG INC 2.3%

Value ($000) $3,415 Shares 106,060 Est. Cost $24.69 Unrealized +15.2%

BAH BOOZ ALLEN HAMILTON HLDG COR 1.7%

Value ($000) $2,598 Shares 25,994 Est. Cost $105.15 Unrealized -15.8%

NKE NIKE INC 1.5%

Value ($000) $2,319 Shares 33,257 Est. Cost $60.01 Unrealized +8.2%

ADBE ADOBE INC 1.5%

Value ($000) $2,260 Shares 6,406 Est. Cost $380.21 Unrealized -10.6%

ABNB AIRBNB INC 1.0%

Value ($000) $1,578 Shares 12,996 Est. Cost $134.70 Unrealized -7.5%

MKTX MARKETAXESS HLDGS INC 0.8%

Value ($000) $1,275 Shares 7,315 Est. Cost $211.55 Unrealized -19.9%

PG PROCTER AND GAMBLE CO 0.6%

Value ($000) $954 Shares 6,207 Est. Cost $164.28 Unrealized -10.4%

VRSN VERISIGN INC 0.6%

Value ($000) $918 Shares 3,282 Est. Cost $186.70 Unrealized +34.3%

COST COSTCO WHSL CORP NEW 0.5%

Value ($000) $814 Shares 879 Est. Cost $922.64 Unrealized -1.8%

SHW SHERWIN WILLIAMS CO 0.3%

Value ($000) $436 Shares 1,258 Est. Cost $369.58 Unrealized -9.6%

TTD THE TRADE DESK INC 0.2%

Value ($000) $366 Shares 7,475 Est. Cost $63.45 Unrealized -30.1%

VG VENTURE GLOBAL INC 0.2%

Value ($000) $351 Shares 24,767 Est. Cost $14.20 Unrealized -41.5%

BLK BLACKROCK INC 0.2%

Value ($000) $331 Shares 284 Est. Cost $933.09 Unrealized +16.8%

ENB ENBRIDGE INC 0.2%

Value ($000) $252 Shares 5,000 Est. Cost $43.78 Unrealized +7.6%

SHOP SHOPIFY INC 0.2%

Value ($000) $235 Shares 1,584 Est. Cost $135.57 Unrealized +18.4%

CHWY CHEWY INC 0.1%

Value ($000) $218 Shares 5,394 Est. Cost $38.56 Unrealized -10.0%

PEP PEPSICO INC 0.1%

Value ($000) $213 Shares 1,518 Est. Cost $131.03 Unrealized +11.3%

MSDL MORGAN STANLEY DIRECT LENDIN 0.1%

Value ($000) $173 Shares 10,773 Est. Cost $17.18 Unrealized -4.4%

RITM RITHM CAPITAL CORP 0.1%

Value ($000) $125 Shares 10,941 Est. Cost $11.29 Unrealized —

TWO TWO HBRS INVT CORP 0.1%

Value ($000) $113 Shares 11,408 Est. Cost $9.87 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPNG	COUPANG INC	106,060	$3,415	2.3%	$24.69	+15.2%	—	22266T109
BAH	BOOZ ALLEN HAMILTON HLDG COR	25,994	$2,598	1.7%	$105.15	-15.8%	—	099502106
NKE	NIKE INC	33,257	$2,319	1.5%	$60.01	+8.2%	—	654106103
ADBE	ADOBE INC	6,406	$2,260	1.5%	$380.21	-10.6%	—	00724F101
ABNB	AIRBNB INC	12,996	$1,578	1.0%	$134.70	-7.5%	—	009066101
MKTX	MARKETAXESS HLDGS INC	7,315	$1,275	0.8%	$211.55	-19.9%	—	57060D108
PG	PROCTER AND GAMBLE CO	6,207	$954	0.6%	$164.28	-10.4%	—	742718109
VRSN	VERISIGN INC	3,282	$918	0.6%	$186.70	+34.3%	—	92343E102
COST	COSTCO WHSL CORP NEW	879	$814	0.5%	$922.64	-1.8%	—	22160K105
SHW	SHERWIN WILLIAMS CO	1,258	$436	0.3%	$369.58	-9.6%	—	824348106
TTD	THE TRADE DESK INC	7,475	$366	0.2%	$63.45	-30.1%	—	88339J105
VG	VENTURE GLOBAL INC	24,767	$351	0.2%	$14.20	-41.5%	—	92333F101
BLK	BLACKROCK INC	284	$331	0.2%	$933.09	+16.8%	—	09290D101
ENB	ENBRIDGE INC	5,000	$252	0.2%	$43.78	+7.6%	—	29250N105
SHOP	SHOPIFY INC	1,584	$235	0.2%	$135.57	+18.4%	—	82509L107
CHWY	CHEWY INC	5,394	$218	0.1%	$38.56	-10.0%	—	16679L109
PEP	PEPSICO INC	1,518	$213	0.1%	$131.03	+11.3%	—	713448108
MSDL	MORGAN STANLEY DIRECT LENDIN	10,773	$173	0.1%	$17.18	-4.4%	—	61774A103
RITM	RITHM CAPITAL CORP	10,941	$125	0.1%	$11.29	—	—	64828T201
TWO	TWO HBRS INVT CORP	11,408	$113	0.1%	$9.87	—	—	90187B804

Decreased Positions (24)

BIL SPDR SERIES TRUST 2.2%

Value ($000) $3,261 (-52.2%) Shares 35,691 (-52.0%) Est. Cost $91.74 Unrealized —

KBWP INVESCO EXCH TRADED FD TR II 0.3%

Value ($000) $459 (-86.9%) Shares 3,609 (-87.3%) Est. Cost $120.47 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 1.3%

Value ($000) $2,039 (-46.1%) Shares 7,927 (-38.5%) Est. Cost $294.99 Unrealized -10.2%

SGOV ISHARES TR 1.2%

Value ($000) $1,752 (-47.8%) Shares 17,451 (-47.7%) Est. Cost $100.53 Unrealized —

UBER UBER TECHNOLOGIES INC 1.2%

Value ($000) $1,741 (-42.6%) Shares 21,313 (-31.2%) Est. Cost $74.75 Unrealized +20.5%

CPRT COPART INC 0.5%

Value ($000) $696 (-52.7%) Shares 17,777 (-45.7%) Est. Cost $47.13 Unrealized -12.0%

GOOGL ALPHABET INC 2.6%

Value ($000) $3,969 (+23.1%) Shares 12,682 (-4.4%) Est. Cost $174.79 Unrealized +63.4%

DE DEERE & CO 0.7%

Value ($000) $1,000 (-42.7%) Shares 2,147 (-43.7%) Est. Cost $426.85 Unrealized +9.6%

EZBC FRANKLIN TEMPLETON DIGITAL H 0.9%

Value ($000) $1,295 (-29.7%) Shares 25,583 (-8.1%) Est. Cost $57.35 Unrealized —

PM PHILIP MORRIS INTL INC 1.0%

Value ($000) $1,565 (-23.8%) Shares 9,759 (-23.0%) Est. Cost $126.70 Unrealized +21.2%

ANET ARISTA NETWORKS INC 1.1%

Value ($000) $1,690 (-22.2%) Shares 12,896 (-13.5%) Est. Cost $86.52 Unrealized +59.1%

CMG CHIPOTLE MEXICAN GRILL INC 0.6%

Value ($000) $974 (-28.2%) Shares 26,322 (-24.0%) Est. Cost $45.03 Unrealized -19.7%

SMH VANECK ETF TRUST 0.3%

Value ($000) $417 (-46.4%) Shares 1,159 (-51.5%) Est. Cost $278.88 Unrealized —

ABBV ABBVIE INC 1.3%

Value ($000) $1,957 (-12.1%) Shares 8,565 (-10.9%) Est. Cost $183.72 Unrealized +23.9%

INTU INTUIT 0.8%

Value ($000) $1,154 (-14.9%) Shares 1,741 (-12.3%) Est. Cost $719.44 Unrealized -8.2%

MNST MONSTER BEVERAGE CORP NEW 1.2%

Value ($000) $1,864 (+8.5%) Shares 24,315 (-4.7%) Est. Cost $52.95 Unrealized +35.3%

DG DOLLAR GEN CORP NEW 1.9%

Value ($000) $2,934 (+3.7%) Shares 22,100 (-19.2%) Est. Cost $91.22 Unrealized +22.2%

QUAL ISHARES TR 2.3%

Value ($000) $3,420 (-3.0%) Shares 17,217 (-5.0%) Est. Cost $181.16 Unrealized —

ASML ASML HOLDING N V 1.7%

Value ($000) $2,591 (+4.1%) Shares 2,422 (-5.8%) Est. Cost $755.86 Unrealized —

ACN ACCENTURE PLC IRELAND 1.1%

Value ($000) $1,695 (+5.7%) Shares 6,319 (-2.8%) Est. Cost $260.61 Unrealized -2.5%

SGOL ETFS GOLD TR 1.3%

Value ($000) $2,040 (-2.2%) Shares 49,663 (-12.4%) Est. Cost $28.97 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value ($000) $438 (+10.9%) Shares 756 (-7.2%) Est. Cost $464.78 Unrealized +21.6%

ROIV ROIVANT SCIENCES LTD 1.1%

Value ($000) $1,683 (-2.3%) Shares 77,545 (-31.8%) Est. Cost $11.82 Unrealized +66.9%

VOO VANGUARD INDEX FDS 1.2%

Value ($000) $1,821 (+0.5%) Shares 2,904 (-1.9%) Est. Cost $540.68 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIL	SPDR SERIES TRUST	35,691 (-52.0%)	$3,261 (-52.2%)	2.2%	$91.74	—	STATE STREET SPD	78468R663
KBWP	INVESCO EXCH TRADED FD TR II	3,609 (-87.3%)	$459 (-86.9%)	0.3%	$120.47	—	KBW PPTY CASUT	46138E586
ADP	AUTOMATIC DATA PROCESSING IN	7,927 (-38.5%)	$2,039 (-46.1%)	1.3%	$294.99	-10.2%	COM	053015103
SGOV	ISHARES TR	17,451 (-47.7%)	$1,752 (-47.8%)	1.2%	$100.53	—	0-3 MNTH TREASRY	46436E718
UBER	UBER TECHNOLOGIES INC	21,313 (-31.2%)	$1,741 (-42.6%)	1.2%	$74.75	+20.5%	COM	90353T100
CPRT	COPART INC	17,777 (-45.7%)	$696 (-52.7%)	0.5%	$47.13	-12.0%	COM	217204106
GOOGL	ALPHABET INC	12,682 (-4.4%)	$3,969 (+23.1%)	2.6%	$174.79	+63.4%	CAP STK CL A	02079K305
DE	DEERE & CO	2,147 (-43.7%)	$1,000 (-42.7%)	0.7%	$426.85	+9.6%	COM	244199105
EZBC	FRANKLIN TEMPLETON DIGITAL H	25,583 (-8.1%)	$1,295 (-29.7%)	0.9%	$57.35	—	BITCOIN ETF SHS	354921108
PM	PHILIP MORRIS INTL INC	9,759 (-23.0%)	$1,565 (-23.8%)	1.0%	$126.70	+21.2%	COM	718172109
ANET	ARISTA NETWORKS INC	12,896 (-13.5%)	$1,690 (-22.2%)	1.1%	$86.52	+59.1%	COM SHS	040413205
CMG	CHIPOTLE MEXICAN GRILL INC	26,322 (-24.0%)	$974 (-28.2%)	0.6%	$45.03	-19.7%	COM	169656105
SMH	VANECK ETF TRUST	1,159 (-51.5%)	$417 (-46.4%)	0.3%	$278.88	—	SEMICONDUCTR ETF	92189F676
ABBV	ABBVIE INC	8,565 (-10.9%)	$1,957 (-12.1%)	1.3%	$183.72	+23.9%	COM	00287Y109
INTU	INTUIT	1,741 (-12.3%)	$1,154 (-14.9%)	0.8%	$719.44	-8.2%	COM	461202103
MNST	MONSTER BEVERAGE CORP NEW	24,315 (-4.7%)	$1,864 (+8.5%)	1.2%	$52.95	+35.3%	COM	61174X109
DG	DOLLAR GEN CORP NEW	22,100 (-19.2%)	$2,934 (+3.7%)	1.9%	$91.22	+22.2%	COM	256677105
QUAL	ISHARES TR	17,217 (-5.0%)	$3,420 (-3.0%)	2.3%	$181.16	—	MSCI USA QLT FCT	46432F339
ASML	ASML HOLDING N V	2,422 (-5.8%)	$2,591 (+4.1%)	1.7%	$755.86	—	N Y REGISTRY SHS	N07059210
ACN	ACCENTURE PLC IRELAND	6,319 (-2.8%)	$1,695 (+5.7%)	1.1%	$260.61	-2.5%	SHS CLASS A	G1151C101
SGOL	ETFS GOLD TR	49,663 (-12.4%)	$2,040 (-2.2%)	1.3%	$28.97	—	PHYSCL GOLD SHS	00326A104
TMO	THERMO FISHER SCIENTIFIC INC	756 (-7.2%)	$438 (+10.9%)	0.3%	$464.78	+21.6%	COM	883556102
ROIV	ROIVANT SCIENCES LTD	77,545 (-31.8%)	$1,683 (-2.3%)	1.1%	$11.82	+66.9%	SHS	G76279101
VOO	VANGUARD INDEX FDS	2,904 (-1.9%)	$1,821 (+0.5%)	1.2%	$540.68	—	S&P 500 ETF SHS	922908363

Unchanged Positions (4)

WRB BERKLEY W R CORP 2.3%

Value ($000) $3,466 Shares 49,424 Est. Cost $57.87 Unrealized +25.7%

FNV FRANCO NEV CORP 2.1%

Value ($000) $3,230 Shares 15,584 Est. Cost $124.14 Unrealized +63.4%

NLY ANNALY CAPITAL MANAGEMENT IN 0.2%

Value ($000) $274 Shares 12,232 Est. Cost $20.21 Unrealized —

JEPI J P MORGAN EXCHANGE TRADED F 0.2%

Value ($000) $351 Shares 6,123 Est. Cost $57.10 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WRB	BERKLEY W R CORP	49,424	$3,466	2.3%	$57.87	+25.7%	COM	084423102
FNV	FRANCO NEV CORP	15,584	$3,230	2.1%	$124.14	+63.4%	COM	351858105
NLY	ANNALY CAPITAL MANAGEMENT IN	12,232	$274	0.2%	$20.21	—	COM NEW	035710839
JEPI	J P MORGAN EXCHANGE TRADED F	6,123	$351	0.2%	$57.10	—	EQUITY PREMIUM	46641Q332