Virtus Family Office LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNI	CANADIAN NATL RY CO	9,263	$916	0.8%	$96.14	0.0%	COM	136375102
INGR	INGREDION INC	8,077	$891	0.8%	$112.78	0.0%	COM	457187102
MRK	MERCK & CO INC	8,275	$878	0.8%	$93.24	0.0%	COM	58933Y105
NTAP	NETAPP INC	8,100	$867	0.7%	$113.62	0.0%	COM	64110D104
GILD	GILEAD SCIENCES INC	6,834	$839	0.7%	$120.88	0.0%	COM	375558103
CLX	CLOROX CO DEL	8,073	$814	0.7%	$108.27	0.0%	COM	189054109
FNF	FIDELITY NATIONAL FINANCIAL	14,570	$795	0.7%	$54.76	0.0%	COM SHS	31620R303
ACN	ACCENTURE PLC IRELAND	2,063	$554	0.5%	$254.06	0.0%	SHS CLASS A	G1151C101
GD	GENERAL DYNAMICS CORP	1,270	$428	0.4%	$340.86	0.0%	COM	369550108
ALGN	ALIGN TECHNOLOGY INC	2,505	$391	0.3%	$143.30	0.0%	COM	016255101
BMRN	BIOMARIN PHARMACEUTICAL INC	5,996	$356	0.3%	$54.44	0.0%	COM	09061G101
OMC	OMNICOM GROUP INC	4,305	$350	0.3%	$75.76	0.0%	COM	681919106
ROKT	SPDR SERIES TRUST	3,802	$324	0.3%	$85.09	—	STATE STREET SPD	78468R630
ROBT	FIRST TR EXCHANGE TRADED FD	5,449	$283	0.2%	$51.87	—	NASDQ ARTFCIAL	33738R720
NVDA	NVIDIA CORPORATION	1,101	$205	0.2%	$186.13	0.0%	COM	67066G104

Increased Positions (19)

VCSH VANGUARD SCOTTSDALE FDS 6.6%

Value ($000) $7,714 (+14.9%) Shares 96,746 (+15.2%) Est. Cost $78.46 Unrealized —

SHG SHINHAN FINANCIAL GROUP CO L 4.5%

Value ($000) $5,169 (+14.7%) Shares 96,373 (+7.7%) Est. Cost $50.60 Unrealized —

PDD PDD HOLDINGS INC 3.6%

Value ($000) $4,211 (-13.1%) Shares 37,134 (+1.3%) Est. Cost $97.20 Unrealized —

SDVY FIRST TR EXCHANGE-TRADED FD 3.5%

Value ($000) $4,078 (+15.0%) Shares 106,427 (+14.1%) Est. Cost $37.11 Unrealized —

PXH INVESCO EXCH TRADED FD TR II 6.0%

Value ($000) $6,940 (+7.1%) Shares 268,894 (+5.4%) Est. Cost $24.38 Unrealized —

ZTO ZTO EXPRESS CAYMAN INC 4.4%

Value ($000) $5,158 (+8.6%) Shares 246,923 (+1.3%) Est. Cost $18.49 Unrealized —

ABEV AMBEV SA 1.8%

Value ($000) $2,041 (+18.8%) Shares 799,182 (+4.7%) Est. Cost $2.28 Unrealized —

GPZ VANECK ETF TRUST 0.6%

Value ($000) $727 (+79.1%) Shares 26,769 (+82.3%) Est. Cost $27.41 Unrealized —

IAU ISHARES GOLD TR 2.1%

Value ($000) $2,440 (+14.8%) Shares 30,065 (+2.9%) Est. Cost $51.83 Unrealized —

EFV ISHARES TR 1.7%

Value ($000) $1,958 (+13.7%) Shares 27,425 (+8.0%) Est. Cost $60.22 Unrealized —

STIP ISHARES TR 2.0%

Value ($000) $2,296 (+10.8%) Shares 22,427 (+11.9%) Est. Cost $100.02 Unrealized —

ICLR ICON PLC 0.5%

Value ($000) $522 (+26.8%) Shares 2,867 (+21.8%) Est. Cost $169.28 Unrealized +5.2%

VFMO VANGUARD WELLINGTON FD 0.4%

Value ($000) $451 (+30.4%) Shares 2,360 (+30.6%) Est. Cost $191.51 Unrealized —

IMTM ISHARES TR 0.4%

Value ($000) $482 (+25.2%) Shares 10,041 (+25.0%) Est. Cost $47.90 Unrealized —

MTUM ISHARES TR 0.4%

Value ($000) $465 (+22.4%) Shares 1,856 (+25.4%) Est. Cost $255.21 Unrealized —

FLJP FRANKLIN TEMPLETON ETF TR 1.0%

Value ($000) $1,214 (+6.9%) Shares 35,232 (+7.3%) Est. Cost $31.92 Unrealized —

CROX CROCS INC 1.5%

Value ($000) $1,732 (+4.3%) Shares 20,256 (+1.9%) Est. Cost $97.58 Unrealized -14.3%

CMCSA COMCAST CORP NEW 1.3%

Value ($000) $1,457 (-2.9%) Shares 48,739 (+2.1%) Est. Cost $36.13 Unrealized -21.0%

ATKR ATKORE INC 1.4%

Value ($000) $1,613 (+2.3%) Shares 25,504 (+1.5%) Est. Cost $102.63 Unrealized -37.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VCSH	VANGUARD SCOTTSDALE FDS	96,746 (+15.2%)	$7,714 (+14.9%)	6.6%	$78.46	—	SHRT TRM CORP BD	92206C409
SHG	SHINHAN FINANCIAL GROUP CO L	96,373 (+7.7%)	$5,169 (+14.7%)	4.5%	$50.60	—	SPN ADR RESTRD	824596100
PDD	PDD HOLDINGS INC	37,134 (+1.3%)	$4,211 (-13.1%)	3.6%	$97.20	—	SPONSORED ADS	722304102
SDVY	FIRST TR EXCHANGE-TRADED FD	106,427 (+14.1%)	$4,078 (+15.0%)	3.5%	$37.11	—	SMID RISNG ETF	33741X102
PXH	INVESCO EXCH TRADED FD TR II	268,894 (+5.4%)	$6,940 (+7.1%)	6.0%	$24.38	—	RAFI EMRGNG MRKT	46138E727
ZTO	ZTO EXPRESS CAYMAN INC	246,923 (+1.3%)	$5,158 (+8.6%)	4.4%	$18.49	—	SPONSORED ADS A	98980A105
ABEV	AMBEV SA	799,182 (+4.7%)	$2,041 (+18.8%)	1.8%	$2.28	—	SPONSORED ADR	02319V103
GPZ	VANECK ETF TRUST	26,769 (+82.3%)	$727 (+79.1%)	0.6%	$27.41	—	ALTERNATIVE ASSE	92189H649
IAU	ISHARES GOLD TR	30,065 (+2.9%)	$2,440 (+14.8%)	2.1%	$51.83	—	ISHARES NEW	464285204
EFV	ISHARES TR	27,425 (+8.0%)	$1,958 (+13.7%)	1.7%	$60.22	—	EAFE VALUE ETF	464288877
STIP	ISHARES TR	22,427 (+11.9%)	$2,296 (+10.8%)	2.0%	$100.02	—	0-5 YR TIPS ETF	46429B747
ICLR	ICON PLC	2,867 (+21.8%)	$522 (+26.8%)	0.5%	$169.28	+5.2%	SHS	G4705A100
VFMO	VANGUARD WELLINGTON FD	2,360 (+30.6%)	$451 (+30.4%)	0.4%	$191.51	—	US MOMENTUM	921935508
IMTM	ISHARES TR	10,041 (+25.0%)	$482 (+25.2%)	0.4%	$47.90	—	MSCI INTL MOMENT	46434V449
MTUM	ISHARES TR	1,856 (+25.4%)	$465 (+22.4%)	0.4%	$255.21	—	MSCI USA MMENTM	46432F396
FLJP	FRANKLIN TEMPLETON ETF TR	35,232 (+7.3%)	$1,214 (+6.9%)	1.0%	$31.92	—	FTSE JAPAN ETF	35473P744
CROX	CROCS INC	20,256 (+1.9%)	$1,732 (+4.3%)	1.5%	$97.58	-14.3%	COM	227046109
CMCSA	COMCAST CORP NEW	48,739 (+2.1%)	$1,457 (-2.9%)	1.3%	$36.13	-21.0%	CL A	20030N101
ATKR	ATKORE INC	25,504 (+1.5%)	$1,613 (+2.3%)	1.4%	$102.63	-37.0%	COM	047649108

Exited Positions (3)

RSPT INVESCO EXCHANGE TRADED FD T 0.5%

Value ($000) $634 Shares 14,231 Est. Cost $44.58 Unrealized —

KKR KKR & CO INC 0.3%

Value ($000) $318 Shares 2,449 Est. Cost $67.60 Unrealized +83.9%

KB KB FINL GROUP INC 0.2%

Value ($000) $239 Shares 2,886 Est. Cost $54.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RSPT	INVESCO EXCHANGE TRADED FD T	14,231	$634	0.5%	$44.58	—	—	46137V282
KKR	KKR & CO INC	2,449	$318	0.3%	$67.60	+83.9%	—	48251W104
KB	KB FINL GROUP INC	2,886	$239	0.2%	$54.98	—	—	48241A105

Decreased Positions (19)

SHLD GLOBAL X FDS 1.8%

Value ($000) $2,114 (-37.8%) Shares 32,503 (-32.8%) Est. Cost $62.79 Unrealized —

BABA ALIBABA GROUP HLDG LTD 3.5%

Value ($000) $4,116 (-19.0%) Shares 28,081 (-1.3%) Est. Cost $78.71 Unrealized —

MGK VANGUARD WORLD FD 0.2%

Value ($000) $235 (-77.2%) Shares 569 (-77.7%) Est. Cost $402.65 Unrealized —

FLOT ISHARES TR 3.9%

Value ($000) $4,507 (-11.5%) Shares 88,612 (-11.1%) Est. Cost $50.80 Unrealized —

AMAT APPLIED MATLS INC 1.7%

Value ($000) $2,011 (+23.5%) Shares 7,826 (-1.6%) Est. Cost $140.31 Unrealized +70.7%

TSM TAIWAN SEMICONDUCTOR MFG LTD 4.5%

Value ($000) $5,267 (+5.1%) Shares 17,287 (-3.3%) Est. Cost $110.13 Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 1.6%

Value ($000) $1,807 (+14.9%) Shares 3,708 (-1.1%) Est. Cost $298.86 Unrealized +55.8%

NXT NEXTPOWER INC 1.6%

Value ($000) $1,869 (+14.2%) Shares 21,453 (-3.0%) Est. Cost $50.16 Unrealized +80.8%

GOOGL ALPHABET INC 0.6%

Value ($000) $711 (-20.4%) Shares 2,272 (-38.1%) Est. Cost $168.57 Unrealized +69.4%

AAPL APPLE INC 0.3%

Value ($000) $395 (-31.4%) Shares 1,454 (-35.8%) Est. Cost $192.01 Unrealized +39.8%

INMD INMODE LTD 2.5%

Value ($000) $2,917 (-5.1%) Shares 198,556 (-3.8%) Est. Cost $14.67 Unrealized +0.3%

TXT TEXTRON INC 0.4%

Value ($000) $463 (-20.9%) Shares 5,316 (-23.3%) Est. Cost $81.39 Unrealized +2.8%

VOO VANGUARD INDEX FDS 0.3%

Value ($000) $356 (-23.0%) Shares 568 (-24.7%) Est. Cost $613.60 Unrealized —

RYAAY RYANAIR HOLDINGS PLC 0.5%

Value ($000) $582 (+17.8%) Shares 8,062 (-1.7%) Est. Cost $60.21 Unrealized —

SHV ISHARES TR 0.3%

Value ($000) $291 (-22.8%) Shares 2,642 (-22.6%) Est. Cost $110.19 Unrealized —

OSK OSHKOSH CORP 1.3%

Value ($000) $1,477 (-4.6%) Shares 11,757 (-1.5%) Est. Cost $95.81 Unrealized +33.5%

DFE WISDOMTREE TR 1.6%

Value ($000) $1,908 (-3.5%) Shares 26,560 (-5.4%) Est. Cost $66.02 Unrealized —

VWOB VANGUARD WHITEHALL FDS 4.4%

Value ($000) $5,076 (-1.2%) Shares 75,284 (-2.0%) Est. Cost $64.07 Unrealized —

PRF INVESCO EXCHANGE TRADED FD T 1.1%

Value ($000) $1,242 (-0.9%) Shares 26,478 (-4.5%) Est. Cost $43.46 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SHLD	GLOBAL X FDS	32,503 (-32.8%)	$2,114 (-37.8%)	1.8%	$62.79	—	DEFENSE TECH ETF	37960A529
BABA	ALIBABA GROUP HLDG LTD	28,081 (-1.3%)	$4,116 (-19.0%)	3.5%	$78.71	—	SPONSORED ADS	01609W102
MGK	VANGUARD WORLD FD	569 (-77.7%)	$235 (-77.2%)	0.2%	$402.65	—	MEGA GRWTH IND	921910816
FLOT	ISHARES TR	88,612 (-11.1%)	$4,507 (-11.5%)	3.9%	$50.80	—	FLTG RATE NT ETF	46429B655
AMAT	APPLIED MATLS INC	7,826 (-1.6%)	$2,011 (+23.5%)	1.7%	$140.31	+70.7%	COM	038222105
TSM	TAIWAN SEMICONDUCTOR MFG LTD	17,287 (-3.3%)	$5,267 (+5.1%)	4.5%	$110.13	—	SPONSORED ADS	874039100
UTHR	UNITED THERAPEUTICS CORP DEL	3,708 (-1.1%)	$1,807 (+14.9%)	1.6%	$298.86	+55.8%	COM	91307C102
NXT	NEXTPOWER INC	21,453 (-3.0%)	$1,869 (+14.2%)	1.6%	$50.16	+80.8%	CLASS A COM	65290E101
GOOGL	ALPHABET INC	2,272 (-38.1%)	$711 (-20.4%)	0.6%	$168.57	+69.4%	CAP STK CL A	02079K305
AAPL	APPLE INC	1,454 (-35.8%)	$395 (-31.4%)	0.3%	$192.01	+39.8%	COM	037833100
INMD	INMODE LTD	198,556 (-3.8%)	$2,917 (-5.1%)	2.5%	$14.67	+0.3%	SHS	M5425M103
TXT	TEXTRON INC	5,316 (-23.3%)	$463 (-20.9%)	0.4%	$81.39	+2.8%	COM	883203101
VOO	VANGUARD INDEX FDS	568 (-24.7%)	$356 (-23.0%)	0.3%	$613.60	—	S&P 500 ETF SHS	922908363
RYAAY	RYANAIR HOLDINGS PLC	8,062 (-1.7%)	$582 (+17.8%)	0.5%	$60.21	—	SPONSORED ADR	783513203
SHV	ISHARES TR	2,642 (-22.6%)	$291 (-22.8%)	0.3%	$110.19	—	TRUST ISHARE 0-1	464288679
OSK	OSHKOSH CORP	11,757 (-1.5%)	$1,477 (-4.6%)	1.3%	$95.81	+33.5%	COM	688239201
DFE	WISDOMTREE TR	26,560 (-5.4%)	$1,908 (-3.5%)	1.6%	$66.02	—	EUROPE SMCP DV	97717W869
VWOB	VANGUARD WHITEHALL FDS	75,284 (-2.0%)	$5,076 (-1.2%)	4.4%	$64.07	—	EM MK GOV BD ETF	921946885
PRF	INVESCO EXCHANGE TRADED FD T	26,478 (-4.5%)	$1,242 (-0.9%)	1.1%	$43.46	—	RAFI US 1000 ETF	46137V613

Unchanged Positions (11)

STLA STELLANTIS N.V 2.8%

Value ($000) $3,281 Shares 301,164 Est. Cost $14.37 Unrealized —

GGB GERDAU SA 1.8%

Value ($000) $2,121 Shares 574,870 Est. Cost $3.22 Unrealized —

MED MEDIFAST INC 0.7%

Value ($000) $844 Shares 79,060 Est. Cost $49.09 Unrealized -75.6%

PHM PULTE GROUP INC 1.2%

Value ($000) $1,417 Shares 12,058 Est. Cost $47.25 Unrealized +159.2%

INSW INTERNATIONAL SEAWAYS INC 1.4%

Value ($000) $1,571 Shares 32,350 Est. Cost $34.26 Unrealized +42.5%

CPA COPA HOLDINGS SA 4.2%

Value ($000) $4,851 Shares 40,220 Est. Cost $93.49 Unrealized +29.7%

QCOM QUALCOMM INC 1.4%

Value ($000) $1,577 Shares 9,221 Est. Cost $125.90 Unrealized +35.7%

PFE PFIZER INC 1.4%

Value ($000) $1,597 Shares 64,124 Est. Cost $28.41 Unrealized -11.9%

AMRZ AMRIZE LTD 0.2%

Value ($000) $276 Shares 5,104 Est. Cost $50.45 Unrealized +1.1%

DHS WISDOMTREE TR 1.3%

Value ($000) $1,518 Shares 14,911 Est. Cost $95.29 Unrealized —

PROK PROKIDNEY CORP 0.1%

Value ($000) $62 Shares 27,500 Est. Cost $2.66 Unrealized -1.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
STLA	STELLANTIS N.V	301,164	$3,281	2.8%	$14.37	—	SHS	N82405106
GGB	GERDAU SA	574,870	$2,121	1.8%	$3.22	—	SPON ADR REP PFD	373737105
MED	MEDIFAST INC	79,060	$844	0.7%	$49.09	-75.6%	COM	58470H101
PHM	PULTE GROUP INC	12,058	$1,417	1.2%	$47.25	+159.2%	COM	745867101
INSW	INTERNATIONAL SEAWAYS INC	32,350	$1,571	1.4%	$34.26	+42.5%	COM	Y41053102
CPA	COPA HOLDINGS SA	40,220	$4,851	4.2%	$93.49	+29.7%	CL A	P31076105
QCOM	QUALCOMM INC	9,221	$1,577	1.4%	$125.90	+35.7%	COM	747525103
PFE	PFIZER INC	64,124	$1,597	1.4%	$28.41	-11.9%	COM	717081103
AMRZ	AMRIZE LTD	5,104	$276	0.2%	$50.45	+1.1%	SHS	H2927K103
DHS	WISDOMTREE TR	14,911	$1,518	1.3%	$95.29	—	US HIGH DIVIDEND	97717W208
PROK	PROKIDNEY CORP	27,500	$62	0.1%	$2.66	-1.2%	SHS CL A	74291D104