Avos Capital Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPTL	SPDR SERIES TRUST	400,989	$10,614	4.6%	$26.47	—	STATE STREET SPD	78464A664
NVDA	NVIDIA CORPORATION	4,002	$746	0.3%	$186.13	0.0%	COM	67066G104
IAUM	ISHARES GOLD TR	17,187	$739	0.3%	$42.99	—	SHARES REPRESENT	46436F103
GS	GOLDMAN SACHS GROUP INC	627	$551	0.2%	$813.35	0.0%	COM	38141G104
ABBV	ABBVIE INC	1,359	$311	0.1%	$227.54	0.0%	COM	00287Y109
LRCX	LAM RESEARCH CORP	1,750	$300	0.1%	$155.36	0.0%	COM NEW	512807306
AVGO	BROADCOM INC	800	$277	0.1%	$357.00	0.0%	COM	11135F101
B	BARRICK MNG CORP	5,788	$252	0.1%	$37.42	0.0%	COM SHS	06849F108
PH	PARKER-HANNIFIN CORP	250	$220	0.1%	$817.77	0.0%	COM	701094104
BKNG	BOOKING HOLDINGS INC	40	$214	0.1%	$5137.84	0.0%	COM	09857L108
NEE	NEXTERA ENERGY INC	2,533	$203	0.1%	$82.50	0.0%	COM	65339F101

Increased Positions (15)

SGOV ISHARES TR 33.0%

Value ($000) $75,615 (+14.9%) Shares 753,287 (+15.2%) Est. Cost $100.61 Unrealized —

BBJP J P MORGAN EXCHANGE TRADED F 0.5%

Value ($000) $1,246 (+184.1%) Shares 18,908 (+185.9%) Est. Cost $66.05 Unrealized —

VDE VANGUARD WORLD FD 1.0%

Value ($000) $2,294 (+11.0%) Shares 18,218 (+11.0%) Est. Cost $125.86 Unrealized —

AAPL APPLE INC 0.4%

Value ($000) $841 (+27.4%) Shares 3,092 (+19.3%) Est. Cost $220.82 Unrealized +21.5%

EWZ ISHARES INC 0.4%

Value ($000) $930 (+22.3%) Shares 29,272 (+19.4%) Est. Cost $30.02 Unrealized —

MSFT MICROSOFT CORP 0.5%

Value ($000) $1,074 (+17.8%) Shares 2,221 (+26.1%) Est. Cost $460.24 Unrealized +8.8%

EWC ISHARES INC 0.3%

Value ($000) $608 (+30.3%) Shares 11,268 (+22.1%) Est. Cost $48.99 Unrealized —

VLO VALERO ENERGY CORP 1.2%

Value ($000) $2,726 (+4.7%) Shares 16,743 (+9.6%) Est. Cost $133.78 Unrealized +26.2%

AR ANTERO RESOURCES CORP 0.3%

Value ($000) $727 (+15.2%) Shares 21,107 (+12.2%) Est. Cost $36.50 Unrealized -7.2%

IGOV ISHARES TR 3.3%

Value ($000) $7,617 (+0.8%) Shares 182,842 (+3.0%) Est. Cost $40.52 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 0.2%

Value ($000) $421 (+12.8%) Shares 31,782 (+14.3%) Est. Cost $13.41 Unrealized —

RRC RANGE RES CORP 0.6%

Value ($000) $1,324 (+3.3%) Shares 37,542 (+10.3%) Est. Cost $33.96 Unrealized +9.7%

RSSB TIDAL TRUST II 1.5%

Value ($000) $3,494 (+1.1%) Shares 124,239 (+1.3%) Est. Cost $28.18 Unrealized —

LTPZ PIMCO ETF TR 7.8%

Value ($000) $17,889 (-0.1%) Shares 345,686 (+2.9%) Est. Cost $52.99 Unrealized —

IVOL KRANESHARES TRUST 0.7%

Value ($000) $1,525 (+0.5%) Shares 79,576 (+1.2%) Est. Cost $19.28 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOV	ISHARES TR	753,287 (+15.2%)	$75,615 (+14.9%)	33.0%	$100.61	—	0-3 MNTH TREASRY	46436E718
BBJP	J P MORGAN EXCHANGE TRADED F	18,908 (+185.9%)	$1,246 (+184.1%)	0.5%	$66.05	—	BETABULDRS JAPAN	46641Q217
VDE	VANGUARD WORLD FD	18,218 (+11.0%)	$2,294 (+11.0%)	1.0%	$125.86	—	ENERGY ETF	92204A306
AAPL	APPLE INC	3,092 (+19.3%)	$841 (+27.4%)	0.4%	$220.82	+21.5%	COM	037833100
EWZ	ISHARES INC	29,272 (+19.4%)	$930 (+22.3%)	0.4%	$30.02	—	MSCI BRAZIL ETF	464286400
MSFT	MICROSOFT CORP	2,221 (+26.1%)	$1,074 (+17.8%)	0.5%	$460.24	+8.8%	COM	594918104
EWC	ISHARES INC	11,268 (+22.1%)	$608 (+30.3%)	0.3%	$48.99	—	MSCI CDA ETF	464286509
VLO	VALERO ENERGY CORP	16,743 (+9.6%)	$2,726 (+4.7%)	1.2%	$133.78	+26.2%	COM	91913Y100
AR	ANTERO RESOURCES CORP	21,107 (+12.2%)	$727 (+15.2%)	0.3%	$36.50	-7.2%	COM	03674X106
IGOV	ISHARES TR	182,842 (+3.0%)	$7,617 (+0.8%)	3.3%	$40.52	—	INTL TREA BD ETF	464288117
PDBC	INVESCO ACTVELY MNGD ETC FD	31,782 (+14.3%)	$421 (+12.8%)	0.2%	$13.41	—	OPTIMUM YIELD	46090F100
RRC	RANGE RES CORP	37,542 (+10.3%)	$1,324 (+3.3%)	0.6%	$33.96	+9.7%	COM	75281A109
RSSB	TIDAL TRUST II	124,239 (+1.3%)	$3,494 (+1.1%)	1.5%	$28.18	—	RET STCKD GL STK	88636J204
LTPZ	PIMCO ETF TR	345,686 (+2.9%)	$17,889 (-0.1%)	7.8%	$52.99	—	15+ YR US TIPS	72201R304
IVOL	KRANESHARES TRUST	79,576 (+1.2%)	$1,525 (+0.5%)	0.7%	$19.28	—	QUADRTC INT RT	500767736

Exited Positions (5)

WFRD WEATHERFORD INTL PLC 0.6%

Value ($000) $1,460 Shares 21,334 Est. Cost $76.82 Unrealized -5.5%

VIXY PROSHARES TR II 0.2%

Value ($000) $487 Shares 15,075 Est. Cost $32.30 Unrealized —

V VISA INC 0.2%

Value ($000) $356 Shares 1,044 Est. Cost $345.14 Unrealized -1.4%

PG PROCTER AND GAMBLE CO 0.2%

Value ($000) $353 Shares 2,299 Est. Cost $154.90 Unrealized -5.0%

META META PLATFORMS INC 0.1%

Value ($000) $256 Shares 348 Est. Cost $743.23 Unrealized -10.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WFRD	WEATHERFORD INTL PLC	21,334	$1,460	0.6%	$76.82	-5.5%	—	G48833118
VIXY	PROSHARES TR II	15,075	$487	0.2%	$32.30	—	—	74347Y730
V	VISA INC	1,044	$356	0.2%	$345.14	-1.4%	—	92826C839
PG	PROCTER AND GAMBLE CO	2,299	$353	0.2%	$154.90	-5.0%	—	742718109
META	META PLATFORMS INC	348	$256	0.1%	$743.23	-10.2%	—	30303M102

Decreased Positions (6)

TLT ISHARES TR 1.5%

Value ($000) $3,504 (-75.2%) Shares 40,204 (-74.5%) Est. Cost $88.88 Unrealized —

CCJ CAMECO CORP 0.7%

Value ($000) $1,537 (-22.3%) Shares 16,796 (-28.7%) Est. Cost $53.54 Unrealized +68.0%

SGOL ETFS GOLD TR 3.4%

Value ($000) $7,745 (+5.2%) Shares 188,530 (-5.7%) Est. Cost $28.00 Unrealized —

GLDM WORLD GOLD TR 3.8%

Value ($000) $8,619 (+1.9%) Shares 100,966 (-8.7%) Est. Cost $63.97 Unrealized —

ASML ASML HOLDING N V 0.1%

Value ($000) $216 (-11.4%) Shares 202 (-19.8%) Est. Cost $715.02 Unrealized —

VTI VANGUARD INDEX FDS 0.6%

Value ($000) $1,327 (-0.5%) Shares 3,958 (-2.7%) Est. Cost $300.39 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TLT	ISHARES TR	40,204 (-74.5%)	$3,504 (-75.2%)	1.5%	$88.88	—	20 YR TR BD ETF	464287432
CCJ	CAMECO CORP	16,796 (-28.7%)	$1,537 (-22.3%)	0.7%	$53.54	+68.0%	COM	13321L108
SGOL	ETFS GOLD TR	188,530 (-5.7%)	$7,745 (+5.2%)	3.4%	$28.00	—	PHYSCL GOLD SHS	00326A104
GLDM	WORLD GOLD TR	100,966 (-8.7%)	$8,619 (+1.9%)	3.8%	$63.97	—	SPDR GLD MINIS	98149E303
ASML	ASML HOLDING N V	202 (-19.8%)	$216 (-11.4%)	0.1%	$715.02	—	N Y REGISTRY SHS	N07059210
VTI	VANGUARD INDEX FDS	3,958 (-2.7%)	$1,327 (-0.5%)	0.6%	$300.39	—	TOTAL STK MKT	922908769

Unchanged Positions (33)

VEA VANGUARD TAX-MANAGED FDS 5.7%

Value ($000) $13,043 Shares 208,783 Est. Cost $55.14 Unrealized —

GUNR FLEXSHARES TR 3.2%

Value ($000) $7,257 Shares 158,284 Est. Cost $39.06 Unrealized —

EWY ISHARES INC 0.7%

Value ($000) $1,641 Shares 16,876 Est. Cost $74.71 Unrealized —

MCHI ISHARES TR 0.6%

Value ($000) $1,433 Shares 23,858 Est. Cost $58.27 Unrealized —

DEM WISDOMTREE TR 3.0%

Value ($000) $6,890 Shares 147,504 Est. Cost $42.95 Unrealized —

GOOGL ALPHABET INC 0.2%

Value ($000) $560 Shares 1,789 Est. Cost $209.20 Unrealized +36.5%

EMLC VANECK ETF TRUST 2.4%

Value ($000) $5,593 Shares 216,617 Est. Cost $24.27 Unrealized —

IEMG ISHARES INC 2.1%

Value ($000) $4,901 Shares 72,907 Est. Cost $50.44 Unrealized —

FCX FREEPORT-MCMORAN INC 0.2%

Value ($000) $397 Shares 7,815 Est. Cost $43.81 Unrealized -1.1%

EBND SPDR SERIES TRUST 2.3%

Value ($000) $5,336 Shares 249,682 Est. Cost $20.51 Unrealized —

ET ENERGY TRANSFER L P 0.6%

Value ($000) $1,265 Shares 76,695 Est. Cost $20.04 Unrealized —

JNJ JOHNSON & JOHNSON 0.2%

Value ($000) $397 Shares 1,919 Est. Cost $169.51 Unrealized +16.2%

EWU ISHARES TR 0.4%

Value ($000) $893 Shares 20,300 Est. Cost $41.05 Unrealized —

EZA ISHARES INC 0.2%

Value ($000) $554 Shares 8,058 Est. Cost $56.84 Unrealized —

DGS WISDOMTREE TR 2.9%

Value ($000) $6,617 Shares 115,606 Est. Cost $51.43 Unrealized —

EWP ISHARES INC 0.2%

Value ($000) $400 Shares 7,412 Est. Cost $45.41 Unrealized —

DBC INVESCO DB COMMDY INDX TRCK 4.0%

Value ($000) $9,176 Shares 410,393 Est. Cost $22.36 Unrealized —

URNM SPROTT FDS TR 0.1%

Value ($000) $296 Shares 5,387 Est. Cost $60.43 Unrealized —

WMT WALMART INC 0.2%

Value ($000) $350 Shares 3,142 Est. Cost $99.23 Unrealized +8.0%

EWA ISHARES INC 0.3%

Value ($000) $644 Shares 24,582 Est. Cost $26.70 Unrealized —

EWL ISHARES INC 0.1%

Value ($000) $248 Shares 4,137 Est. Cost $55.24 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $214 Shares 1,779 Est. Cost $109.70 Unrealized +5.3%

JPM JPMORGAN CHASE & CO. 0.2%

Value ($000) $429 Shares 1,331 Est. Cost $271.78 Unrealized +13.9%

TIP ISHARES TR 0.6%

Value ($000) $1,356 Shares 12,341 Est. Cost $107.76 Unrealized —

GE GE AEROSPACE 0.1%

Value ($000) $332 Shares 1,079 Est. Cost $272.69 Unrealized +10.3%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $239 Shares 350 Est. Cost $666.02 Unrealized —

EWG ISHARES INC 0.1%

Value ($000) $342 Shares 8,058 Est. Cost $42.04 Unrealized —

EWS ISHARES INC 0.1%

Value ($000) $219 Shares 7,956 Est. Cost $28.34 Unrealized —

EWQ ISHARES INC 0.1%

Value ($000) $266 Shares 5,908 Est. Cost $43.93 Unrealized —

EWH ISHARES INC 0.1%

Value ($000) $296 Shares 13,913 Est. Cost $21.55 Unrealized —

EWJ ISHARES INC 0.2%

Value ($000) $565 Shares 7,000 Est. Cost $74.97 Unrealized —

SCHD SCHWAB STRATEGIC TR 0.1%

Value ($000) $247 Shares 9,000 Est. Cost $28.07 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $711 Shares 1,414 Est. Cost $461.73 Unrealized +7.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEA	VANGUARD TAX-MANAGED FDS	208,783	$13,043	5.7%	$55.14	—	VAN FTSE DEV MKT	921943858
GUNR	FLEXSHARES TR	158,284	$7,257	3.2%	$39.06	—	MORNSTAR UPSTR	33939L407
EWY	ISHARES INC	16,876	$1,641	0.7%	$74.71	—	MSCI STH KOR ETF	464286772
MCHI	ISHARES TR	23,858	$1,433	0.6%	$58.27	—	MSCI CHINA ETF	46429B671
DEM	WISDOMTREE TR	147,504	$6,890	3.0%	$42.95	—	EMER MKT HIGH FD	97717W315
GOOGL	ALPHABET INC	1,789	$560	0.2%	$209.20	+36.5%	CAP STK CL A	02079K305
EMLC	VANECK ETF TRUST	216,617	$5,593	2.4%	$24.27	—	JP MRGAN EM LOC	92189H300
IEMG	ISHARES INC	72,907	$4,901	2.1%	$50.44	—	CORE MSCI EMKT	46434G103
FCX	FREEPORT-MCMORAN INC	7,815	$397	0.2%	$43.81	-1.1%	CL B	35671D857
EBND	SPDR SERIES TRUST	249,682	$5,336	2.3%	$20.51	—	BLOOMBERG EMERGI	78464A391
ET	ENERGY TRANSFER L P	76,695	$1,265	0.6%	$20.04	—	COM UT LTD PTN	29273V100
JNJ	JOHNSON & JOHNSON	1,919	$397	0.2%	$169.51	+16.2%	COM	478160104
EWU	ISHARES TR	20,300	$893	0.4%	$41.05	—	MSCI UK ETF NEW	46435G334
EZA	ISHARES INC	8,058	$554	0.2%	$56.84	—	MSCI STH AFR ETF	464286780
DGS	WISDOMTREE TR	115,606	$6,617	2.9%	$51.43	—	EMG MKTS SMCAP	97717W281
EWP	ISHARES INC	7,412	$400	0.2%	$45.41	—	MSCI SPAIN ETF	464286764
DBC	INVESCO DB COMMDY INDX TRCK	410,393	$9,176	4.0%	$22.36	—	UNIT	46138B103
URNM	SPROTT FDS TR	5,387	$296	0.1%	$60.43	—	URANIUM MINERS E	85208P303
WMT	WALMART INC	3,142	$350	0.2%	$99.23	+8.0%	COM	931142103
EWA	ISHARES INC	24,582	$644	0.3%	$26.70	—	MSCI AUST ETF	464286103
EWL	ISHARES INC	4,137	$248	0.1%	$55.24	—	MSCI SWITZERLAND	464286749
XOM	EXXON MOBIL CORP	1,779	$214	0.1%	$109.70	+5.3%	COM	30231G102
JPM	JPMORGAN CHASE & CO.	1,331	$429	0.2%	$271.78	+13.9%	COM	46625H100
TIP	ISHARES TR	12,341	$1,356	0.6%	$107.76	—	TIPS BD ETF	464287176
GE	GE AEROSPACE	1,079	$332	0.1%	$272.69	+10.3%	COM NEW	369604301
SPY	SPDR S&P 500 ETF TR	350	$239	0.1%	$666.02	—	TR UNIT	78462F103
EWG	ISHARES INC	8,058	$342	0.1%	$42.04	—	MSCI GERMANY ETF	464286806
EWS	ISHARES INC	7,956	$219	0.1%	$28.34	—	MSCI SINGPOR ETF	46434G780
EWQ	ISHARES INC	5,908	$266	0.1%	$43.93	—	MSCI FRANCE ETF	464286707
EWH	ISHARES INC	13,913	$296	0.1%	$21.55	—	MSCI HONG KG ETF	464286871
EWJ	ISHARES INC	7,000	$565	0.2%	$74.97	—	MSCI JAPAN ETF	46434G822
SCHD	SCHWAB STRATEGIC TR	9,000	$247	0.1%	$28.07	—	US DIVIDEND EQ	808524797
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,414	$711	0.3%	$461.73	+7.8%	CL B NEW	084670702