Upper Left Wealth Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPYM	SPDR SERIES TRUST	120,443 (+7.5%)	$9,662 (+10.0%)	5.9%	$58.74	—	STATE STREET SPD	78464A854
IBIT	ISHARES BITCOIN TRUST ETF	112,108 (+17.1%)	$5,566 (-10.6%)	3.4%	$40.79	—	SHS BEN INT	46438F101
SCHH	SCHWAB STRATEGIC TR	258,056 (+15.2%)	$5,391 (+11.5%)	3.3%	$30.86	—	US REIT ETF	808524847
BWX	SPDR SERIES TRUST	266,826 (+11.5%)	$6,012 (+9.3%)	3.7%	$22.33	—	BLOOMBERG INTL T	78464A516
BNDX	VANGUARD CHARLOTTE FDS	135,132 (+10.1%)	$6,530 (+7.6%)	4.0%	$48.82	—	TOTAL INT BD ETF	92203J407
MCHI	ISHARES TR	88,660 (+1.1%)	$5,326 (-7.8%)	3.2%	$45.21	—	MSCI CHINA ETF	46429B671
DBMF	LITMAN GREGORY FDS TR	195,943 (+4.4%)	$5,498 (+7.3%)	3.4%	$25.52	—	IMGP DBI MANAGED	53700T827
SCHR	SCHWAB STRATEGIC TR	166,767 (+9.8%)	$4,183 (+9.6%)	2.5%	$31.93	—	INT-TRM U.S TRES	808524854
BIL	SPDR SERIES TRUST	52,125 (+8.5%)	$4,763 (+8.1%)	2.9%	$91.75	—	STATE STREET SPD	78468R663
SCHF	SCHWAB STRATEGIC TR	214,971 (+3.3%)	$5,168 (+6.7%)	3.1%	$27.74	—	INTL EQTY ETF	808524805
BCI	ABRDN ETFS	317,269 (+5.1%)	$6,196 (-4.7%)	3.8%	$20.37	—	BBRG ALL COMD K1	003261104
VXUS	VANGUARD STAR FDS	33,011 (+8.4%)	$2,490 (+11.4%)	1.5%	$62.20	—	VG TL INTL STK F	921909768
SCHP	SCHWAB STRATEGIC TR	157,323 (+8.3%)	$4,167 (+6.4%)	2.5%	$37.25	—	US TIPS ETF	808524870
CTA	SIMPLIFY EXCHANGE TRADED FUN	119,077 (+10.0%)	$3,246 (+7.2%)	2.0%	$29.27	—	MANAGED FUTURES	82889N699
FEZ	SPDR INDEX SHS FDS	48,255 (+3.4%)	$3,107 (+7.2%)	1.9%	$48.01	—	EURO STOXX 50	78463X202
EMLC	VANECK ETF TRUST	162,253 (+3.4%)	$4,189 (+4.6%)	2.6%	$26.16	—	JP MRGAN EM LOC	92189H300
SCHA	SCHWAB STRATEGIC TR	165,081 (+1.4%)	$4,702 (+3.5%)	2.9%	$41.03	—	US SML CAP ETF	808524607
VEA	VANGUARD TAX-MANAGED FDS	43,986 (+1.7%)	$2,748 (+6.0%)	1.7%	$49.11	—	VAN FTSE DEV MKT	921943858
VWO	VANGUARD INTL EQUITY INDEX F	59,857 (+5.8%)	$3,218 (+5.0%)	2.0%	$45.28	—	FTSE EMR MKT ETF	922042858
VSS	VANGUARD INTL EQUITY INDEX F	16,961 (+5.6%)	$2,431 (+6.1%)	1.5%	$119.65	—	FTSE SMCAP ETF	922042718
BTC	GRAYSCALE BITCOIN MINI TR ET	23,287 (+14.2%)	$902 (-12.6%)	0.5%	$37.75	—	SHS NEW	389930207
FBTC	FIDELITY WISE ORIGIN BITCOIN	9,667 (+11.4%)	$737 (-14.9%)	0.4%	$59.74	—	SHS	315948109
VNQI	VANGUARD INTL EQUITY INDEX F	106,409 (+1.5%)	$4,878 (-2.6%)	3.0%	$49.18	—	GLB EX US ETF	922042676
USRT	ISHARES TR	7,045 (+47.4%)	$401 (+43.0%)	0.2%	$50.70	—	CRE U S REIT ETF	464288521
GWX	SPDR INDEX SHS FDS	32,490 (+7.4%)	$1,328 (+9.2%)	0.8%	$35.12	—	S&P INTL SMLCP	78463X871
IGOV	ISHARES TR	16,512 (+16.9%)	$688 (+14.3%)	0.4%	$40.26	—	INTL TREA BD ETF	464288117
RWX	SPDR INDEX SHS FDS	39,664 (+5.8%)	$1,111 (+6.5%)	0.7%	$27.42	—	DJ INTL RL ETF	78463X863
TIP	ISHARES TR	4,871 (+14.0%)	$535 (+12.7%)	0.3%	$110.07	—	TIPS BD ETF	464287176
VNQ	VANGUARD INDEX FDS	9,689 (+10.5%)	$857 (+6.9%)	0.5%	$93.52	—	REAL ESTATE ETF	922908553
FXI	ISHARES TR	8,052 (+29.2%)	$308 (+20.3%)	0.2%	$30.54	—	CHINA LG-CAP ETF	464287184
SCZ	ISHARES TR	3,551 (+7.5%)	$275 (+8.6%)	0.2%	$73.17	—	EAFE SML CP ETF	464288273
QQQ	INVESCO QQQ TR	648 (+1.9%)	$398 (+4.3%)	0.2%	$471.61	—	UNIT SER 1	46090E103
REET	ISHARES TR	9,039 (+7.5%)	$226 (+4.9%)	0.1%	$24.72	—	GLOBAL REIT ETF	46434V647
IAGG	ISHARES TR	10,787 (+1.6%)	$539 (-0.8%)	0.3%	$51.25	—	CORE INTL AGGR	46435G672
EWH	ISHARES INC	15,896 (+1.3%)	$338 (-0.1%)	0.2%	$18.02	—	MSCI HONG KG ETF	464286871

Decreased Positions (17)

IAU ISHARES GOLD TR 9.2%

Value ($000) $15,094 (+2.3%) Shares 185,956 (-8.2%) Est. Cost $35.76 Unrealized —

GLDM WORLD GOLD TR 3.9%

Value ($000) $6,336 (+5.2%) Shares 74,215 (-5.8%) Est. Cost $36.35 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 2.3%

Value ($000) $3,774 (-3.1%) Shares 51,309 (-6.0%) Est. Cost $56.92 Unrealized —

SCHC SCHWAB STRATEGIC TR 2.7%

Value ($000) $4,478 (-1.8%) Shares 98,352 (-1.9%) Est. Cost $40.32 Unrealized —

SGOL ETFS GOLD TR 0.4%

Value ($000) $619 (+8.3%) Shares 15,065 (-2.9%) Est. Cost $19.72 Unrealized —

VB VANGUARD INDEX FDS 0.7%

Value ($000) $1,174 (-3.5%) Shares 4,553 (-4.8%) Est. Cost $211.70 Unrealized —

IVV ISHARES TR 1.9%

Value ($000) $3,092 (+0.9%) Shares 4,514 (-1.4%) Est. Cost $541.02 Unrealized —

IEMG ISHARES INC 0.6%

Value ($000) $1,006 (-2.2%) Shares 14,970 (-4.1%) Est. Cost $53.59 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 0.3%

Value ($000) $553 (-3.4%) Shares 41,708 (-2.0%) Est. Cost $13.93 Unrealized —

IWM ISHARES TR 0.4%

Value ($000) $664 (-2.7%) Shares 2,699 (-4.4%) Est. Cost $214.99 Unrealized —

SPY SPDR S&P 500 ETF TR 1.1%

Value ($000) $1,836 (+1.0%) Shares 2,693 (-1.4%) Est. Cost $240.60 Unrealized —

EZU ISHARES INC 0.4%

Value ($000) $609 (+2.4%) Shares 9,506 (-1.0%) Est. Cost $47.11 Unrealized —

GBIL GOLDMAN SACHS ETF TR 0.2%

Value ($000) $315 (-4.0%) Shares 3,148 (-3.7%) Est. Cost $99.90 Unrealized —

IJR ISHARES TR 0.3%

Value ($000) $569 (-1.1%) Shares 4,735 (-2.3%) Est. Cost $106.80 Unrealized —

VGK VANGUARD INTL EQUITY INDEX F 0.2%

Value ($000) $253 (+2.4%) Shares 3,024 (-2.3%) Est. Cost $66.73 Unrealized —

GLD SPDR GOLD TR 1.0%

Value ($000) $1,636 (-0.3%) Shares 4,127 (-10.5%) Est. Cost $177.09 Unrealized —

SPDW SPDR INDEX SHS FDS 0.5%

Value ($000) $802 (+0.2%) Shares 18,068 (-3.4%) Est. Cost $34.82 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IAU	ISHARES GOLD TR	185,956 (-8.2%)	$15,094 (+2.3%)	9.2%	$35.76	—	ISHARES NEW	464285204
GLDM	WORLD GOLD TR	74,215 (-5.8%)	$6,336 (+5.2%)	3.9%	$36.35	—	SPDR GLD MINIS	98149E303
VEU	VANGUARD INTL EQUITY INDEX F	51,309 (-6.0%)	$3,774 (-3.1%)	2.3%	$56.92	—	ALLWRLD EX US	922042775
SCHC	SCHWAB STRATEGIC TR	98,352 (-1.9%)	$4,478 (-1.8%)	2.7%	$40.32	—	INTL SCEQT ETF	808524888
SGOL	ETFS GOLD TR	15,065 (-2.9%)	$619 (+8.3%)	0.4%	$19.72	—	PHYSCL GOLD SHS	00326A104
VB	VANGUARD INDEX FDS	4,553 (-4.8%)	$1,174 (-3.5%)	0.7%	$211.70	—	SMALL CP ETF	922908751
IVV	ISHARES TR	4,514 (-1.4%)	$3,092 (+0.9%)	1.9%	$541.02	—	CORE S&P500 ETF	464287200
IEMG	ISHARES INC	14,970 (-4.1%)	$1,006 (-2.2%)	0.6%	$53.59	—	CORE MSCI EMKT	46434G103
PDBC	INVESCO ACTVELY MNGD ETC FD	41,708 (-2.0%)	$553 (-3.4%)	0.3%	$13.93	—	OPTIMUM YIELD	46090F100
IWM	ISHARES TR	2,699 (-4.4%)	$664 (-2.7%)	0.4%	$214.99	—	RUSSELL 2000 ETF	464287655
SPY	SPDR S&P 500 ETF TR	2,693 (-1.4%)	$1,836 (+1.0%)	1.1%	$240.60	—	TR UNIT	78462F103
EZU	ISHARES INC	9,506 (-1.0%)	$609 (+2.4%)	0.4%	$47.11	—	MSCI EURZONE ETF	464286608
GBIL	GOLDMAN SACHS ETF TR	3,148 (-3.7%)	$315 (-4.0%)	0.2%	$99.90	—	ACCES TREASURY	381430529
IJR	ISHARES TR	4,735 (-2.3%)	$569 (-1.1%)	0.3%	$106.80	—	CORE S&P SCP ETF	464287804
VGK	VANGUARD INTL EQUITY INDEX F	3,024 (-2.3%)	$253 (+2.4%)	0.2%	$66.73	—	FTSE EUROPE ETF	922042874
GLD	SPDR GOLD TR	4,127 (-10.5%)	$1,636 (-0.3%)	1.0%	$177.09	—	GOLD SHS	78463V107
SPDW	SPDR INDEX SHS FDS	18,068 (-3.4%)	$802 (+0.2%)	0.5%	$34.82	—	PORTFOLIO DEVLPD	78463X889

Unchanged Positions (13)

GBTC GRAYSCALE BITCOIN TRUST ETF 0.9%

Value ($000) $1,433 Shares 20,957 Est. Cost $63.38 Unrealized —

SCHE SCHWAB STRATEGIC TR 2.9%

Value ($000) $4,839 Shares 147,746 Est. Cost $28.37 Unrealized —

IYR ISHARES TR 0.8%

Value ($000) $1,338 Shares 14,254 Est. Cost $107.89 Unrealized —

VHT VANGUARD WORLD FD 0.2%

Value ($000) $302 Shares 1,050 Est. Cost $264.73 Unrealized —

VOO VANGUARD INDEX FDS 0.5%

Value ($000) $748 Shares 1,192 Est. Cost $568.03 Unrealized —

PEGA PEGASYSTEMS INC 0.2%

Value ($000) $358 Shares 6,000 Est. Cost $39.11 Unrealized +49.7%

IBIT ISHARES BITCOIN TRUST ETF 0.0%

Value ($000) $40 Shares 800 Est. Cost $40.79 Unrealized —

IEFA ISHARES TR 0.2%

Value ($000) $293 Shares 3,274 Est. Cost $83.48 Unrealized —

IEI ISHARES TR 0.5%

Value ($000) $858 Shares 7,186 Est. Cost $117.13 Unrealized —

SPEM SPDR INDEX SHS FDS 0.7%

Value ($000) $1,094 Shares 23,372 Est. Cost $35.57 Unrealized —

EBND SPDR SERIES TRUST 0.3%

Value ($000) $541 Shares 25,334 Est. Cost $22.38 Unrealized —

EMB ISHARES TR 0.1%

Value ($000) $227 Shares 2,356 Est. Cost $90.59 Unrealized —

FNDC SCHWAB STRATEGIC TR 0.3%

Value ($000) $553 Shares 12,403 Est. Cost $37.01 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GBTC	GRAYSCALE BITCOIN TRUST ETF	20,957	$1,433	0.9%	$63.38	—	SHS REP COM UT	389637109
SCHE	SCHWAB STRATEGIC TR	147,746	$4,839	2.9%	$28.37	—	EMRG MKTEQ ETF	808524706
IYR	ISHARES TR	14,254	$1,338	0.8%	$107.89	—	U.S. REAL ES ETF	464287739
VHT	VANGUARD WORLD FD	1,050	$302	0.2%	$264.73	—	HEALTH CAR ETF	92204A504
VOO	VANGUARD INDEX FDS	1,192	$748	0.5%	$568.03	—	S&P 500 ETF SHS	922908363
PEGA	PEGASYSTEMS INC	6,000	$358	0.2%	$39.11	+49.7%	COM	705573103
IBIT	ISHARES BITCOIN TRUST ETF	800	$40	0.0%	$40.79	—	CALL	46438F101
IEFA	ISHARES TR	3,274	$293	0.2%	$83.48	—	CORE MSCI EAFE	46432F842
IEI	ISHARES TR	7,186	$858	0.5%	$117.13	—	3 7 YR TREAS BD	464288661
SPEM	SPDR INDEX SHS FDS	23,372	$1,094	0.7%	$35.57	—	PORTFOLIO EMG MK	78463X509
EBND	SPDR SERIES TRUST	25,334	$541	0.3%	$22.38	—	BLOOMBERG EMERGI	78464A391
EMB	ISHARES TR	2,356	$227	0.1%	$90.59	—	JPMORGAN USD EMG	464288281
FNDC	SCHWAB STRATEGIC TR	12,403	$553	0.3%	$37.01	—	FUNDAMENTAL INTL	808524748