INVICTUS PRIVATE WEALTH, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	403,160 (+4.7%)	$252,834 (+7.2%)	15.3%	$398.44	—	S&P 500 ETF SHS	922908363
BA	BOEING CO	42,367 (+4402.3%)	$9,199 (+4429.2%)	0.6%	$205.29	+0.2%	COM	097023105
QQQ	INVESCO QQQ TR	360,351 (+1.2%)	$221,367 (+3.5%)	13.4%	$293.41	—	UNIT SER 1	46090E103
VHT	VANGUARD WORLD FD	172,838 (+4.0%)	$49,751 (+15.3%)	3.0%	$251.23	—	HEALTH CAR ETF	92204A504
VUG	VANGUARD INDEX FDS	419,131 (+1.4%)	$204,477 (+3.1%)	12.4%	$237.51	—	GROWTH ETF	922908736
VTV	VANGUARD INDEX FDS	564,272 (+2.6%)	$107,770 (+5.1%)	6.5%	$145.26	—	VALUE ETF	922908744
VB	VANGUARD INDEX FDS	369,406 (+2.7%)	$95,288 (+4.1%)	5.8%	$196.77	—	SMALL CP ETF	922908751
AVGO	BROADCOM INC	139,166 (+2.7%)	$48,165 (+7.7%)	2.9%	$190.84	+87.1%	COM	11135F101
XLF	SELECT SECTOR SPDR TR	885,683 (+3.7%)	$48,509 (+5.4%)	2.9%	$36.89	—	STATE STREET FIN	81369Y605
VWO	VANGUARD INTL EQUITY INDEX F	1,095,314 (+5.0%)	$58,884 (+4.2%)	3.6%	$41.88	—	FTSE EMR MKT ETF	922042858
VO	VANGUARD INDEX FDS	421,932 (+3.2%)	$122,453 (+2.0%)	7.4%	$218.47	—	MID CAP ETF	922908629
AMZN	AMAZON COM INC	139,239 (+2.5%)	$32,139 (+7.7%)	1.9%	$156.97	+45.7%	COM	023135106
VGK	VANGUARD INTL EQUITY INDEX F	117,112 (+23.8%)	$9,792 (+29.7%)	0.6%	$79.26	—	FTSE EUROPE ETF	922042874
—	WESTERN ASSET PREMIER BD FD	99,197 (+34.1%)	$1,094 (+31.7%)	0.1%	$10.89	—	SHS BEN INT	957664105
NFLX	NETFLIX INC	10,020 (+900.0%)	$939 (-21.8%)	0.1%	$100.34	+7.4%	COM	64110L106
META	META PLATFORMS INC	2,240 (+3.5%)	$1,479 (-7.0%)	0.1%	$363.34	+83.7%	CL A	30303M102
XLE	SELECT SECTOR SPDR TR	18,885 (+80.8%)	$844 (-9.5%)	0.1%	$67.77	—	STATE STREET ENE	81369Y506
PFF	ISHARES TR	119,182 (+3.6%)	$3,690 (+1.4%)	0.2%	$30.82	—	PFD AND INCM SEC	464288687
—	TEMPLETON EMERGING MKTS INCO	110,932 (+2.2%)	$716 (+6.3%)	0.0%	$5.34	—	COM	880192109
VTI	VANGUARD INDEX FDS	728 (+15.4%)	$244 (+17.9%)	0.0%	$275.07	—	TOTAL STK MKT	922908769
—	GUGGENHEIM TAXABLE MUNICP BO	12,506 (+14.9%)	$187 (+10.1%)	0.0%	$15.49	—	COM	401664107
VXF	VANGUARD INDEX FDS	1,804 (+3.4%)	$377 (+3.3%)	0.0%	$135.36	—	EXTEND MKT ETF	922908652
LQD	ISHARES TR	93,304 (+1.1%)	$10,281 (-0.0%)	0.6%	$106.44	—	IBOXX INV CP ETF	464287242

Exited Positions (4)

UBER UBER TECHNOLOGIES INC 0.5%

Value ($000) $7,855 Shares 80,175 Est. Cost $93.52 Unrealized -3.7%

DELL DELL TECHNOLOGIES INC 0.2%

Value ($000) $3,524 Shares 24,855 Est. Cost $108.02 Unrealized +30.3%

ITA ISHARES TR 0.0%

Value ($000) $225 Shares 1,075 Est. Cost $188.70 Unrealized —

VEEV VEEVA SYS INC 0.0%

Value ($000) $210 Shares 706 Est. Cost $248.00 Unrealized +7.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	80,175	$7,855	0.5%	$93.52	-3.7%	—	90353T100
DELL	DELL TECHNOLOGIES INC	24,855	$3,524	0.2%	$108.02	+30.3%	—	24703L202
ITA	ISHARES TR	1,075	$225	0.0%	$188.70	—	—	464288760
VEEV	VEEVA SYS INC	706	$210	0.0%	$248.00	+7.0%	—	922475108

Decreased Positions (30)

DIS DISNEY WALT CO 0.1%

Value ($000) $1,801 (-81.2%) Shares 15,834 (-81.1%) Est. Cost $105.32 Unrealized +4.0%

CSCO CISCO SYS INC 0.0%

Value ($000) $257 (-94.7%) Shares 3,333 (-95.3%) Est. Cost $65.21 Unrealized +13.2%

COST COSTCO WHSL CORP NEW 2.7%

Value ($000) $44,882 (-8.5%) Shares 52,047 (-1.7%) Est. Cost $469.50 Unrealized +92.9%

GS GOLDMAN SACHS GROUP INC 1.7%

Value ($000) $27,467 (+9.1%) Shares 31,248 (-1.1%) Est. Cost $321.54 Unrealized +153.0%

RBLX ROBLOX CORP 0.1%

Value ($000) $1,499 (-57.6%) Shares 18,500 (-27.5%) Est. Cost $35.60 Unrealized +198.2%

MSTR STRATEGY INC 0.0%

Value ($000) $498 (-79.1%) Shares 3,280 (-55.8%) Est. Cost $333.56 Unrealized -31.0%

WMT WALMART INC 0.9%

Value ($000) $14,296 (+6.6%) Shares 128,317 (-1.4%) Est. Cost $51.39 Unrealized +108.6%

XOM EXXON MOBIL CORP 0.8%

Value ($000) $13,780 (+5.4%) Shares 114,510 (-1.3%) Est. Cost $96.28 Unrealized +19.9%

ORCL ORACLE CORP 0.0%

Value ($000) $689 (-31.5%) Shares 3,536 (-1.1%) Est. Cost $73.90 Unrealized +222.1%

HYG ISHARES TR 0.2%

Value ($000) $3,142 (-6.9%) Shares 38,967 (-6.3%) Est. Cost $75.27 Unrealized —

IBTA IBOTTA INC 0.0%

Value ($000) $239 (-39.3%) Shares 10,524 (-25.6%) Est. Cost $67.12 Unrealized -59.8%

JPM JPMORGAN CHASE & CO. 1.1%

Value ($000) $18,218 (+0.8%) Shares 56,538 (-1.3%) Est. Cost $117.65 Unrealized +163.1%

— PUTNAM MASTER INTER INCOME T 0.0%

Value ($000) $140 (-47.0%) Shares 42,000 (-45.4%) Est. Cost $3.44 Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $491 (-16.4%) Shares 1,428 (-1.5%) Est. Cost $281.19 Unrealized +29.7%

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $545 (+14.6%) Shares 1,755 (-3.8%) Est. Cost $149.19 Unrealized +91.2%

TIP ISHARES TR 0.1%

Value ($000) $1,996 (-2.3%) Shares 18,158 (-1.2%) Est. Cost $108.01 Unrealized —

BX BLACKSTONE INC 0.0%

Value ($000) $311 (-12.4%) Shares 2,019 (-2.9%) Est. Cost $135.11 Unrealized +12.1%

PTLC PACER FDS TR 0.0%

Value ($000) $268 (-13.5%) Shares 4,815 (-14.8%) Est. Cost $50.76 Unrealized —

RTX RTX CORPORATION 0.0%

Value ($000) $611 (+6.3%) Shares 3,330 (-3.1%) Est. Cost $101.69 Unrealized +70.4%

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value ($000) $243 (-12.3%) Shares 776 (-1.4%) Est. Cost $159.86 Unrealized +104.1%

TSLA TESLA INC 0.0%

Value ($000) $365 (-7.3%) Shares 811 (-8.4%) Est. Cost $226.79 Unrealized +95.5%

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value ($000) $960 (+2.9%) Shares 3,240 (-2.0%) Est. Cost $123.05 Unrealized +142.8%

VGT VANGUARD WORLD FD 0.0%

Value ($000) $355 (-6.9%) Shares 470 (-7.8%) Est. Cost $663.28 Unrealized —

PAG PENSKE AUTOMOTIVE GRP INC 0.0%

Value ($000) $218 (-10.6%) Shares 1,375 (-1.8%) Est. Cost $114.04 Unrealized +44.2%

AFL AFLAC INC 0.0%

Value ($000) $348 (-3.0%) Shares 3,153 (-1.7%) Est. Cost $62.49 Unrealized +75.8%

BSV VANGUARD BD INDEX FDS 0.0%

Value ($000) $241 (-3.8%) Shares 3,055 (-3.7%) Est. Cost $78.73 Unrealized —

JBL JABIL INC 0.0%

Value ($000) $672 (+0.7%) Shares 2,947 (-4.1%) Est. Cost $65.55 Unrealized +225.4%

TXRH TEXAS ROADHOUSE INC 0.0%

Value ($000) $288 (-1.5%) Shares 1,735 (-1.4%) Est. Cost $91.09 Unrealized +85.3%

MCO MOODYS CORP 0.0%

Value ($000) $202 (-1.5%) Shares 395 (-8.1%) Est. Cost $266.40 Unrealized +82.9%

QCOM QUALCOMM INC 0.0%

Value ($000) $242 (+1.0%) Shares 1,416 (-1.7%) Est. Cost $137.25 Unrealized +24.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DIS	DISNEY WALT CO	15,834 (-81.1%)	$1,801 (-81.2%)	0.1%	$105.32	+4.0%	COM	254687106
CSCO	CISCO SYS INC	3,333 (-95.3%)	$257 (-94.7%)	0.0%	$65.21	+13.2%	COM	17275R102
COST	COSTCO WHSL CORP NEW	52,047 (-1.7%)	$44,882 (-8.5%)	2.7%	$469.50	+92.9%	COM	22160K105
GS	GOLDMAN SACHS GROUP INC	31,248 (-1.1%)	$27,467 (+9.1%)	1.7%	$321.54	+153.0%	COM	38141G104
RBLX	ROBLOX CORP	18,500 (-27.5%)	$1,499 (-57.6%)	0.1%	$35.60	+198.2%	CL A	771049103
MSTR	STRATEGY INC	3,280 (-55.8%)	$498 (-79.1%)	0.0%	$333.56	-31.0%	CL A NEW	594972408
WMT	WALMART INC	128,317 (-1.4%)	$14,296 (+6.6%)	0.9%	$51.39	+108.6%	COM	931142103
XOM	EXXON MOBIL CORP	114,510 (-1.3%)	$13,780 (+5.4%)	0.8%	$96.28	+19.9%	COM	30231G102
ORCL	ORACLE CORP	3,536 (-1.1%)	$689 (-31.5%)	0.0%	$73.90	+222.1%	COM	68389X105
HYG	ISHARES TR	38,967 (-6.3%)	$3,142 (-6.9%)	0.2%	$75.27	—	IBOXX HI YD ETF	464288513
IBTA	IBOTTA INC	10,524 (-25.6%)	$239 (-39.3%)	0.0%	$67.12	-59.8%	CLASS A COM SHS	451051106
JPM	JPMORGAN CHASE & CO.	56,538 (-1.3%)	$18,218 (+0.8%)	1.1%	$117.65	+163.1%	COM	46625H100
—	PUTNAM MASTER INTER INCOME T	42,000 (-45.4%)	$140 (-47.0%)	0.0%	$3.44	—	SH BEN INT	746909100
HD	HOME DEPOT INC	1,428 (-1.5%)	$491 (-16.4%)	0.0%	$281.19	+29.7%	COM	437076102
MAR	MARRIOTT INTL INC NEW	1,755 (-3.8%)	$545 (+14.6%)	0.0%	$149.19	+91.2%	CL A	571903202
TIP	ISHARES TR	18,158 (-1.2%)	$1,996 (-2.3%)	0.1%	$108.01	—	TIPS BD ETF	464287176
BX	BLACKSTONE INC	2,019 (-2.9%)	$311 (-12.4%)	0.0%	$135.11	+12.1%	COM	09260D107
PTLC	PACER FDS TR	4,815 (-14.8%)	$268 (-13.5%)	0.0%	$50.76	—	TRENDP US LAR CP	69374H105
RTX	RTX CORPORATION	3,330 (-3.1%)	$611 (+6.3%)	0.0%	$101.69	+70.4%	COM	75513E101
CDNS	CADENCE DESIGN SYSTEM INC	776 (-1.4%)	$243 (-12.3%)	0.0%	$159.86	+104.1%	COM	127387108
TSLA	TESLA INC	811 (-8.4%)	$365 (-7.3%)	0.0%	$226.79	+95.5%	COM	88160R101
IBM	INTERNATIONAL BUSINESS MACHS	3,240 (-2.0%)	$960 (+2.9%)	0.1%	$123.05	+142.8%	COM	459200101
VGT	VANGUARD WORLD FD	470 (-7.8%)	$355 (-6.9%)	0.0%	$663.28	—	INF TECH ETF	92204A702
PAG	PENSKE AUTOMOTIVE GRP INC	1,375 (-1.8%)	$218 (-10.6%)	0.0%	$114.04	+44.2%	COM	70959W103
AFL	AFLAC INC	3,153 (-1.7%)	$348 (-3.0%)	0.0%	$62.49	+75.8%	COM	001055102
BSV	VANGUARD BD INDEX FDS	3,055 (-3.7%)	$241 (-3.8%)	0.0%	$78.73	—	SHORT TRM BOND	921937827
JBL	JABIL INC	2,947 (-4.1%)	$672 (+0.7%)	0.0%	$65.55	+225.4%	COM	466313103
TXRH	TEXAS ROADHOUSE INC	1,735 (-1.4%)	$288 (-1.5%)	0.0%	$91.09	+85.3%	COM	882681109
MCO	MOODYS CORP	395 (-8.1%)	$202 (-1.5%)	0.0%	$266.40	+82.9%	COM	615369105
QCOM	QUALCOMM INC	1,416 (-1.7%)	$242 (+1.0%)	0.0%	$137.25	+24.4%	COM	747525103

Unchanged Positions (24)

GOOG ALPHABET INC 3.0%

Value ($000) $50,384 Shares 160,562 Est. Cost $103.60 Unrealized +176.4%

AAPL APPLE INC 3.1%

Value ($000) $51,377 Shares 188,984 Est. Cost $141.16 Unrealized +90.1%

MSFT MICROSOFT CORP 2.7%

Value ($000) $44,156 Shares 91,302 Est. Cost $255.63 Unrealized +95.8%

GOOGL ALPHABET INC 0.2%

Value ($000) $2,630 Shares 8,401 Est. Cost $96.96 Unrealized +194.5%

SPY SPDR S&P 500 ETF TR 1.2%

Value ($000) $19,459 Shares 28,535 Est. Cost $382.43 Unrealized —

NVDA NVIDIA CORPORATION 2.9%

Value ($000) $47,652 Shares 255,508 Est. Cost $109.53 Unrealized +69.9%

VOOG VANGUARD ADMIRAL FDS INC 0.4%

Value ($000) $6,456 Shares 14,521 Est. Cost $210.94 Unrealized —

MANH MANHATTAN ASSOCIATES INC 0.0%

Value ($000) $312 Shares 1,798 Est. Cost $122.94 Unrealized +48.7%

SCHW SCHWAB CHARLES CORP 0.1%

Value ($000) $1,052 Shares 10,529 Est. Cost $52.00 Unrealized +82.2%

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $1,714 Shares 9,645 Est. Cost $21.51 Unrealized +741.7%

PANW PALO ALTO NETWORKS INC 0.0%

Value ($000) $398 Shares 2,160 Est. Cost $140.25 Unrealized +43.9%

BHP BHP GROUP LTD 0.0%

Value ($000) $563 Shares 9,323 Est. Cost $62.05 Unrealized —

KO COCA COLA CO 0.0%

Value ($000) $748 Shares 10,700 Est. Cost $54.92 Unrealized +26.4%

EEM ISHARES TR 0.1%

Value ($000) $1,664 Shares 30,408 Est. Cost $39.07 Unrealized —

VNQ VANGUARD INDEX FDS 0.0%

Value ($000) $461 Shares 5,205 Est. Cost $83.05 Unrealized —

IYW ISHARES TR 0.1%

Value ($000) $1,165 Shares 5,833 Est. Cost $74.49 Unrealized —

TLT ISHARES TR 0.0%

Value ($000) $666 Shares 7,639 Est. Cost $94.17 Unrealized —

VFH VANGUARD WORLD FD 0.0%

Value ($000) $763 Shares 5,714 Est. Cost $82.73 Unrealized —

IJH ISHARES TR 0.1%

Value ($000) $1,349 Shares 20,443 Est. Cost $98.33 Unrealized —

VYM VANGUARD WHITEHALL FDS 0.0%

Value ($000) $697 Shares 4,855 Est. Cost $108.21 Unrealized —

VBK VANGUARD INDEX FDS 0.0%

Value ($000) $332 Shares 1,098 Est. Cost $200.54 Unrealized —

IWF ISHARES TR 0.0%

Value ($000) $681 Shares 1,439 Est. Cost $275.18 Unrealized —

EMB ISHARES TR 0.0%

Value ($000) $380 Shares 3,947 Est. Cost $87.07 Unrealized —

XLI SELECT SECTOR SPDR TR 0.0%

Value ($000) $369 Shares 2,378 Est. Cost $98.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	160,562	$50,384	3.0%	$103.60	+176.4%	CAP STK CL C	02079K107
AAPL	APPLE INC	188,984	$51,377	3.1%	$141.16	+90.1%	COM	037833100
MSFT	MICROSOFT CORP	91,302	$44,156	2.7%	$255.63	+95.8%	COM	594918104
GOOGL	ALPHABET INC	8,401	$2,630	0.2%	$96.96	+194.5%	CAP STK CL A	02079K305
SPY	SPDR S&P 500 ETF TR	28,535	$19,459	1.2%	$382.43	—	TR UNIT	78462F103
NVDA	NVIDIA CORPORATION	255,508	$47,652	2.9%	$109.53	+69.9%	COM	67066G104
VOOG	VANGUARD ADMIRAL FDS INC	14,521	$6,456	0.4%	$210.94	—	500 GRTH IDX F	921932505
MANH	MANHATTAN ASSOCIATES INC	1,798	$312	0.0%	$122.94	+48.7%	COM	562750109
SCHW	SCHWAB CHARLES CORP	10,529	$1,052	0.1%	$52.00	+82.2%	COM	808513105
PLTR	PALANTIR TECHNOLOGIES INC	9,645	$1,714	0.1%	$21.51	+741.7%	CL A	69608A108
PANW	PALO ALTO NETWORKS INC	2,160	$398	0.0%	$140.25	+43.9%	COM	697435105
BHP	BHP GROUP LTD	9,323	$563	0.0%	$62.05	—	SPONSORED ADS	088606108
KO	COCA COLA CO	10,700	$748	0.0%	$54.92	+26.4%	COM	191216100
EEM	ISHARES TR	30,408	$1,664	0.1%	$39.07	—	MSCI EMG MKT ETF	464287234
VNQ	VANGUARD INDEX FDS	5,205	$461	0.0%	$83.05	—	REAL ESTATE ETF	922908553
IYW	ISHARES TR	5,833	$1,165	0.1%	$74.49	—	U.S. TECH ETF	464287721
TLT	ISHARES TR	7,639	$666	0.0%	$94.17	—	20 YR TR BD ETF	464287432
VFH	VANGUARD WORLD FD	5,714	$763	0.0%	$82.73	—	FINANCIALS ETF	92204A405
IJH	ISHARES TR	20,443	$1,349	0.1%	$98.33	—	CORE S&P MCP ETF	464287507
VYM	VANGUARD WHITEHALL FDS	4,855	$697	0.0%	$108.21	—	HIGH DIV YLD	921946406
VBK	VANGUARD INDEX FDS	1,098	$332	0.0%	$200.54	—	SML CP GRW ETF	922908595
IWF	ISHARES TR	1,439	$681	0.0%	$275.18	—	RUS 1000 GRW ETF	464287614
EMB	ISHARES TR	3,947	$380	0.0%	$87.07	—	JPMORGAN USD EMG	464288281
XLI	SELECT SECTOR SPDR TR	2,378	$369	0.0%	$98.21	—	STATE STREET IND	81369Y704