Foundation Wealth Management, LLC Long-Term Concentrated

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCZ	ISHARES TR	25,396 (+24.4%)	$1,970 (+25.8%)	1.3%	$61.23	—	EAFE SML CP ETF	464288273
IBDS	ISHARES TR	134,721 (+9.6%)	$3,272 (+9.4%)	2.2%	$23.49	—	IBONDS 27 ETF	46435UAA9
IBDT	ISHARES TR	72,357 (+11.0%)	$1,843 (+10.7%)	1.2%	$24.60	—	IBDS DEC28 ETF	46435U515
IBDV	ISHARES TR	29,225 (+31.8%)	$645 (+31.4%)	0.4%	$21.96	—	IBONDS DEC 2030	46436E726
IBDU	ISHARES TR	27,893 (+27.5%)	$653 (+27.2%)	0.4%	$23.10	—	IBONDS DEC 29	46436E205
IBM	INTERNATIONAL BUSINESS MACHS	919 (+6.2%)	$273 (+11.9%)	0.2%	$256.91	+16.3%	COM	459200101
NVDA	NVIDIA CORPORATION	3,027 (+5.3%)	$565 (+5.3%)	0.4%	$125.08	+48.8%	COM	67066G104
IEFA	ISHARES TR	2,686 (+1.9%)	$240 (+4.4%)	0.2%	$73.14	—	CORE MSCI EAFE	46432F842

Exited Positions (5)

— ISHARES TR 1.9%

Value ($000) $2,854 Shares 113,285 Est. Cost $24.35 Unrealized —

AMZN AMAZON COM INC 0.2%

Value ($000) $239 Shares 1,089 Est. Cost $169.18 Unrealized +35.2%

MO ALTRIA GROUP INC 0.2%

Value ($000) $237 Shares 3,595 Est. Cost $61.42 Unrealized -3.3%

META META PLATFORMS INC 0.1%

Value ($000) $220 Shares 299 Est. Cost $588.18 Unrealized +13.5%

PRTA PROTHENA CORP PLC 0.1%

Value ($000) $190 Shares 19,471 Est. Cost $15.77 Unrealized -35.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ISHARES TR	113,285	$2,854	1.9%	$24.35	—	—	46434VBD1
AMZN	AMAZON COM INC	1,089	$239	0.2%	$169.18	+35.2%	—	023135106
MO	ALTRIA GROUP INC	3,595	$237	0.2%	$61.42	-3.3%	—	02209S103
META	META PLATFORMS INC	299	$220	0.1%	$588.18	+13.5%	—	30303M102
PRTA	PROTHENA CORP PLC	19,471	$190	0.1%	$15.77	-35.5%	—	G72800108

Decreased Positions (21)

IBIT ISHARES BITCOIN TRUST ETF 2.5%

Value ($000) $3,764 (-37.7%) Shares 75,629 (-18.6%) Est. Cost $48.80 Unrealized —

IVW ISHARES TR 27.3%

Value ($000) $41,500 (-2.8%) Shares 336,363 (-4.9%) Est. Cost $60.81 Unrealized —

IVE ISHARES TR 25.4%

Value ($000) $38,563 (+1.0%) Shares 181,515 (-1.8%) Est. Cost $159.04 Unrealized —

GOOGL ALPHABET INC 1.2%

Value ($000) $1,843 (+23.5%) Shares 5,886 (-4.1%) Est. Cost $96.44 Unrealized +196.1%

GOOG ALPHABET INC 0.7%

Value ($000) $1,019 (+20.4%) Shares 3,245 (-6.6%) Est. Cost $94.75 Unrealized +202.2%

MSFT MICROSOFT CORP 1.1%

Value ($000) $1,622 (-9.1%) Shares 3,351 (-2.8%) Est. Cost $280.35 Unrealized +78.6%

IWO ISHARES TR 3.9%

Value ($000) $5,970 (-2.5%) Shares 18,438 (-3.7%) Est. Cost $228.35 Unrealized —

AAPL APPLE INC 2.6%

Value ($000) $3,989 (+4.0%) Shares 14,670 (-2.6%) Est. Cost $140.70 Unrealized +90.7%

EFG ISHARES TR 1.7%

Value ($000) $2,636 (-4.3%) Shares 23,116 (-4.4%) Est. Cost $83.97 Unrealized —

VONG VANGUARD SCOTTSDALE FDS 0.3%

Value ($000) $396 (-19.4%) Shares 3,250 (-20.2%) Est. Cost $55.12 Unrealized —

IJJ ISHARES TR 4.1%

Value ($000) $6,288 (-1.3%) Shares 47,753 (-2.8%) Est. Cost $106.45 Unrealized —

IYR ISHARES TR 1.0%

Value ($000) $1,499 (-4.9%) Shares 15,940 (-1.8%) Est. Cost $85.73 Unrealized —

REET ISHARES TR 0.8%

Value ($000) $1,200 (-5.4%) Shares 48,060 (-3.1%) Est. Cost $22.76 Unrealized —

IYE ISHARES TR 0.9%

Value ($000) $1,325 (-4.1%) Shares 27,845 (-4.2%) Est. Cost $46.14 Unrealized —

COST COSTCO WHSL CORP NEW 0.4%

Value ($000) $598 (-7.5%) Shares 691 (-1.1%) Est. Cost $468.77 Unrealized +93.2%

IWP ISHARES TR 0.2%

Value ($000) $271 (-7.2%) Shares 1,981 (-3.5%) Est. Cost $104.46 Unrealized —

EEM ISHARES TR 2.2%

Value ($000) $3,374 (-0.4%) Shares 61,649 (-2.8%) Est. Cost $38.16 Unrealized —

IJK ISHARES TR 1.4%

Value ($000) $2,201 (-0.5%) Shares 22,699 (-1.6%) Est. Cost $72.82 Unrealized —

EFV ISHARES TR 2.5%

Value ($000) $3,874 (-0.2%) Shares 54,222 (-5.2%) Est. Cost $46.08 Unrealized —

IWN ISHARES TR 4.5%

Value ($000) $6,771 (+0.1%) Shares 37,323 (-2.5%) Est. Cost $153.13 Unrealized —

JPM JPMORGAN CHASE & CO. 0.4%

Value ($000) $639 (-0.1%) Shares 1,980 (-2.4%) Est. Cost $120.20 Unrealized +157.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	75,629 (-18.6%)	$3,764 (-37.7%)	2.5%	$48.80	—	SHS BEN INT	46438F101
IVW	ISHARES TR	336,363 (-4.9%)	$41,500 (-2.8%)	27.3%	$60.81	—	S&P 500 GRWT ETF	464287309
IVE	ISHARES TR	181,515 (-1.8%)	$38,563 (+1.0%)	25.4%	$159.04	—	S&P 500 VAL ETF	464287408
GOOGL	ALPHABET INC	5,886 (-4.1%)	$1,843 (+23.5%)	1.2%	$96.44	+196.1%	CAP STK CL A	02079K305
GOOG	ALPHABET INC	3,245 (-6.6%)	$1,019 (+20.4%)	0.7%	$94.75	+202.2%	CAP STK CL C	02079K107
MSFT	MICROSOFT CORP	3,351 (-2.8%)	$1,622 (-9.1%)	1.1%	$280.35	+78.6%	COM	594918104
IWO	ISHARES TR	18,438 (-3.7%)	$5,970 (-2.5%)	3.9%	$228.35	—	RUS 2000 GRW ETF	464287648
AAPL	APPLE INC	14,670 (-2.6%)	$3,989 (+4.0%)	2.6%	$140.70	+90.7%	COM	037833100
EFG	ISHARES TR	23,116 (-4.4%)	$2,636 (-4.3%)	1.7%	$83.97	—	EAFE GRWTH ETF	464288885
VONG	VANGUARD SCOTTSDALE FDS	3,250 (-20.2%)	$396 (-19.4%)	0.3%	$55.12	—	VNG RUS1000GRW	92206C680
IJJ	ISHARES TR	47,753 (-2.8%)	$6,288 (-1.3%)	4.1%	$106.45	—	S&P MC 400VL ETF	464287705
IYR	ISHARES TR	15,940 (-1.8%)	$1,499 (-4.9%)	1.0%	$85.73	—	U.S. REAL ES ETF	464287739
REET	ISHARES TR	48,060 (-3.1%)	$1,200 (-5.4%)	0.8%	$22.76	—	GLOBAL REIT ETF	46434V647
IYE	ISHARES TR	27,845 (-4.2%)	$1,325 (-4.1%)	0.9%	$46.14	—	U.S. ENERGY ETF	464287796
COST	COSTCO WHSL CORP NEW	691 (-1.1%)	$598 (-7.5%)	0.4%	$468.77	+93.2%	COM	22160K105
IWP	ISHARES TR	1,981 (-3.5%)	$271 (-7.2%)	0.2%	$104.46	—	RUS MD CP GR ETF	464287481
EEM	ISHARES TR	61,649 (-2.8%)	$3,374 (-0.4%)	2.2%	$38.16	—	MSCI EMG MKT ETF	464287234
IJK	ISHARES TR	22,699 (-1.6%)	$2,201 (-0.5%)	1.4%	$72.82	—	S&P MC 400GR ETF	464287606
EFV	ISHARES TR	54,222 (-5.2%)	$3,874 (-0.2%)	2.5%	$46.08	—	EAFE VALUE ETF	464288877
IWN	ISHARES TR	37,323 (-2.5%)	$6,771 (+0.1%)	4.5%	$153.13	—	RUS 2000 VAL ETF	464287630
JPM	JPMORGAN CHASE & CO.	1,980 (-2.4%)	$639 (-0.1%)	0.4%	$120.20	+157.5%	COM	46625H100

Unchanged Positions (12)

GBTC GRAYSCALE BITCOIN TRUST ETF 0.3%

Value ($000) $454 Shares 6,647 Est. Cost $63.17 Unrealized —

AZO AUTOZONE INC 0.2%

Value ($000) $339 Shares 100 Est. Cost $2416.82 Unrealized +56.3%

GRMN GARMIN LTD 0.2%

Value ($000) $286 Shares 1,408 Est. Cost $92.05 Unrealized +135.4%

IAU ISHARES GOLD TR 0.3%

Value ($000) $477 Shares 5,876 Est. Cost $42.59 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.5%

Value ($000) $803 Shares 4,520 Est. Cost $30.69 Unrealized +489.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.0%

Value ($000) $3,093 Shares 6,146 Est. Cost $298.84 Unrealized +66.5%

AON AON PLC 0.6%

Value ($000) $933 Shares 2,644 Est. Cost $361.49 Unrealized -3.4%

VUG VANGUARD INDEX FDS 0.3%

Value ($000) $406 Shares 832 Est. Cost $249.44 Unrealized —

DIS DISNEY WALT CO 0.4%

Value ($000) $565 Shares 4,963 Est. Cost $104.28 Unrealized +5.0%

IWS ISHARES TR 0.2%

Value ($000) $234 Shares 1,659 Est. Cost $125.31 Unrealized —

ABBV ABBVIE INC 0.1%

Value ($000) $208 Shares 909 Est. Cost $201.95 Unrealized +12.7%

IBDR ISHARES TR 2.5%

Value ($000) $3,734 Shares 154,048 Est. Cost $23.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GBTC	GRAYSCALE BITCOIN TRUST ETF	6,647	$454	0.3%	$63.17	—	SHS REP COM UT	389637109
AZO	AUTOZONE INC	100	$339	0.2%	$2416.82	+56.3%	COM	053332102
GRMN	GARMIN LTD	1,408	$286	0.2%	$92.05	+135.4%	SHS	H2906T109
IAU	ISHARES GOLD TR	5,876	$477	0.3%	$42.59	—	ISHARES NEW	464285204
PLTR	PALANTIR TECHNOLOGIES INC	4,520	$803	0.5%	$30.69	+489.9%	CL A	69608A108
BRK/B	BERKSHIRE HATHAWAY INC DEL	6,146	$3,093	2.0%	$298.84	+66.5%	CL B NEW	084670702
AON	AON PLC	2,644	$933	0.6%	$361.49	-3.4%	SHS CL A	G0403H108
VUG	VANGUARD INDEX FDS	832	$406	0.3%	$249.44	—	GROWTH ETF	922908736
DIS	DISNEY WALT CO	4,963	$565	0.4%	$104.28	+5.0%	COM	254687106
IWS	ISHARES TR	1,659	$234	0.2%	$125.31	—	RUS MDCP VAL ETF	464287473
ABBV	ABBVIE INC	909	$208	0.1%	$201.95	+12.7%	COM	00287Y109
IBDR	ISHARES TR	154,048	$3,734	2.5%	$23.36	—	IBONDS DEC2026	46435GAA0