Client First Investment Management LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLV	ISHARES SILVER TR	108,086	$6,963	3.7%	$64.42	—	ISHARES	46428Q109
SILJ	AMPLIFY ETF TR	168,202	$4,654	2.4%	$27.67	—	AMPLIFY JUNIOR S	032108649
SBIT	PROSHARES TR	97,411	$4,278	2.2%	$43.92	—	ULTRASHORT BITCO	74349Y563
ROKT	SPDR SERIES TRUST	12,734	$1,084	0.6%	$85.09	—	STATE STREET SPD	78468R630
COPJ	SPROTT FDS TR	27,552	$1,083	0.6%	$39.29	—	JR COPPER MINERS	85208P501
SLX	VANECK ETF TRUST	11,620	$986	0.5%	$84.86	—	STEEL ETF	92189F205
TBT	PROSHARES TR	27,030	$944	0.5%	$34.94	—	PSHS ULTSH 20YRS	74347B201
MUU	DIREXION SHS ETF TR	8,765	$883	0.5%	$100.74	—	DAILY MU BULL	25461A528
AUMI	THEMES ETF TR	2,437	$224	0.1%	$91.95	—	GOLD MINERS ETF	882927700
GDX	VANECK ETF TRUST	2,547	$218	0.1%	$85.77	—	GOLD MINERS ETF	92189F106
SMH	VANECK ETF TRUST	580	$209	0.1%	$360.13	—	SEMICONDUCTR ETF	92189F676

Increased Positions (4)

SSO PROSHARES TR 16.4%

Value ($000) $31,280 (+206.6%) Shares 540,061 (+493.5%) Est. Cost $64.63 Unrealized —

ADPV SERIES PORTFOLIOS TR 52.5%

Value ($000) $100,111 (+3.7%) Shares 2,336,850 (+2.8%) Est. Cost $27.29 Unrealized —

JNUG DIREXION SHS ETF TR 2.9%

Value ($000) $5,451 (+46.2%) Shares 26,392 (+15.4%) Est. Cost $168.81 Unrealized —

LEMB ISHARES INC 0.6%

Value ($000) $1,090 (+94.1%) Shares 26,223 (+92.4%) Est. Cost $41.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SSO	PROSHARES TR	540,061 (+493.5%)	$31,280 (+206.6%)	16.4%	$64.63	—	PSHS ULT S&P 500	74347R107
ADPV	SERIES PORTFOLIOS TR	2,336,850 (+2.8%)	$100,111 (+3.7%)	52.5%	$27.29	—	ADAPTIV SELECT	81752T536
JNUG	DIREXION SHS ETF TR	26,392 (+15.4%)	$5,451 (+46.2%)	2.9%	$168.81	—	DAILY JR GLD MIN	25460G831
LEMB	ISHARES INC	26,223 (+92.4%)	$1,090 (+94.1%)	0.6%	$41.38	—	JP MORGAN EM ETF	464286517

Exited Positions (20)

UWM PROSHARES TR 2.6%

Value ($000) $5,042 Shares 108,750 Est. Cost $46.36 Unrealized —

XPP PROSHARES TR 2.0%

Value ($000) $3,838 Shares 125,463 Est. Cost $30.59 Unrealized —

MAGX ROUNDHILL ETF TRUST 2.0%

Value ($000) $3,738 Shares 66,323 Est. Cost $42.79 Unrealized —

UFO PROCURE ETF TRUST II 1.4%

Value ($000) $2,632 Shares 73,769 Est. Cost $35.67 Unrealized —

UBT PROSHARES TR 1.2%

Value ($000) $2,325 Shares 134,613 Est. Cost $17.27 Unrealized —

AVL DIREXION SHS ETF TR 1.1%

Value ($000) $2,113 Shares 40,375 Est. Cost $44.82 Unrealized —

AAPU DIREXION SHS ETF TR 1.0%

Value ($000) $1,990 Shares 61,567 Est. Cost $32.32 Unrealized —

SH PROSHARES TR 1.0%

Value ($000) $1,827 Shares 49,427 Est. Cost $36.96 Unrealized —

FNGO BANK MONTREAL QUE 0.8%

Value ($000) $1,471 Shares 11,733 Est. Cost $110.80 Unrealized —

DAPP VANECK ETF TRUST 0.7%

Value ($000) $1,419 Shares 65,230 Est. Cost $21.75 Unrealized —

TSMX DIREXION SHS ETF TR 0.5%

Value ($000) $993 Shares 21,116 Est. Cost $32.45 Unrealized —

WGMI VALKYRIE ETF TRUST II 0.5%

Value ($000) $897 Shares 20,284 Est. Cost $44.24 Unrealized —

URA GLOBAL X FDS 0.5%

Value ($000) $864 Shares 18,126 Est. Cost $38.81 Unrealized —

EUFN ISHARES TR 0.4%

Value ($000) $841 Shares 24,490 Est. Cost $34.34 Unrealized —

UXRP PROSHARES TR 0.4%

Value ($000) $688 Shares 23,994 Est. Cost $28.68 Unrealized —

CWB SPDR SERIES TRUST 0.3%

Value ($000) $578 Shares 6,382 Est. Cost $90.50 Unrealized —

XXRP LISTED FDS TR 0.3%

Value ($000) $560 Shares 17,336 Est. Cost $32.30 Unrealized —

VOO VANGUARD INDEX FDS 0.2%

Value ($000) $287 Shares 468 Est. Cost $612.38 Unrealized —

MAGS LISTED FDS TR 0.1%

Value ($000) $243 Shares 3,740 Est. Cost $64.86 Unrealized —

FNGS BANK MONTREAL MEDIUM 0.1%

Value ($000) $220 Shares 3,143 Est. Cost $69.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UWM	PROSHARES TR	108,750	$5,042	2.6%	$46.36	—	—	74347R842
XPP	PROSHARES TR	125,463	$3,838	2.0%	$30.59	—	—	74347X880
MAGX	ROUNDHILL ETF TRUST	66,323	$3,738	2.0%	$42.79	—	—	77926X700
UFO	PROCURE ETF TRUST II	73,769	$2,632	1.4%	$35.67	—	—	74280R205
UBT	PROSHARES TR	134,613	$2,325	1.2%	$17.27	—	—	74347R172
AVL	DIREXION SHS ETF TR	40,375	$2,113	1.1%	$44.82	—	—	25461A569
AAPU	DIREXION SHS ETF TR	61,567	$1,990	1.0%	$32.32	—	—	25461A874
SH	PROSHARES TR	49,427	$1,827	1.0%	$36.96	—	—	74349Y753
FNGO	BANK MONTREAL QUE	11,733	$1,471	0.8%	$110.80	—	—	063679856
DAPP	VANECK ETF TRUST	65,230	$1,419	0.7%	$21.75	—	—	92189H821
TSMX	DIREXION SHS ETF TR	21,116	$993	0.5%	$32.45	—	—	25461A544
WGMI	VALKYRIE ETF TRUST II	20,284	$897	0.5%	$44.24	—	—	91917A207
URA	GLOBAL X FDS	18,126	$864	0.5%	$38.81	—	—	37954Y871
EUFN	ISHARES TR	24,490	$841	0.4%	$34.34	—	—	464289180
UXRP	PROSHARES TR	23,994	$688	0.4%	$28.68	—	—	74349Y498
CWB	SPDR SERIES TRUST	6,382	$578	0.3%	$90.50	—	—	78464A359
XXRP	LISTED FDS TR	17,336	$560	0.3%	$32.30	—	—	53656G191
VOO	VANGUARD INDEX FDS	468	$287	0.2%	$612.38	—	—	922908363
MAGS	LISTED FDS TR	3,740	$243	0.1%	$64.86	—	—	53656G498
FNGS	BANK MONTREAL MEDIUM	3,143	$220	0.1%	$69.98	—	—	06368B504

Decreased Positions (12)

NUGT DIREXION SHS ETF TR 0.5%

Value ($000) $917 (-88.1%) Shares 4,987 (-90.0%) Est. Cost $154.44 Unrealized —

USD PROSHARES TR 2.7%

Value ($000) $5,094 (-53.9%) Shares 97,016 (-13.1%) Est. Cost $74.00 Unrealized —

TARK INVESTMENT MANAGERS SER TR I 0.6%

Value ($000) $1,124 (-73.6%) Shares 23,146 (-55.4%) Est. Cost $82.10 Unrealized —

BOXX EA SERIES TRUST 8.4%

Value ($000) $16,086 (-14.0%) Shares 139,757 (-14.9%) Est. Cost $110.79 Unrealized —

GSIB THEMES ETF TR 0.1%

Value ($000) $220 (-88.1%) Shares 4,194 (-89.1%) Est. Cost $43.55 Unrealized —

NVDL GRANITESHARES ETF TR 0.5%

Value ($000) $971 (-49.4%) Shares 11,034 (-46.2%) Est. Cost $70.42 Unrealized —

MSFT MICROSOFT CORP 1.0%

Value ($000) $1,932 (-15.2%) Shares 3,995 (-9.2%) Est. Cost $350.36 Unrealized +42.9%

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $212 (-55.7%) Shares 1,475 (-13.3%) Est. Cost $257.72 Unrealized —

SGOL ETFS GOLD TR 0.1%

Value ($000) $226 (-51.0%) Shares 5,500 (-56.1%) Est. Cost $36.81 Unrealized —

BIL SPDR SERIES TRUST 0.3%

Value ($000) $655 (-4.6%) Shares 7,167 (-4.3%) Est. Cost $91.69 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $208 (-5.0%) Shares 4,117 (-4.7%) Est. Cost $50.29 Unrealized —

FTSM FIRST TR EXCHANGE-TRADED FD 0.1%

Value ($000) $208 (-4.4%) Shares 3,477 (-4.4%) Est. Cost $59.66 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NUGT	DIREXION SHS ETF TR	4,987 (-90.0%)	$917 (-88.1%)	0.5%	$154.44	—	DLY GOLD INDX 2X	25460G781
USD	PROSHARES TR	97,016 (-13.1%)	$5,094 (-53.9%)	2.7%	$74.00	—	PSHS ULT SEMICDT	74347R669
TARK	INVESTMENT MANAGERS SER TR I	23,146 (-55.4%)	$1,124 (-73.6%)	0.6%	$82.10	—	TRADR 2X LONG IN	46144X487
BOXX	EA SERIES TRUST	139,757 (-14.9%)	$16,086 (-14.0%)	8.4%	$110.79	—	ALPHA ARCH 1-3	02072L565
GSIB	THEMES ETF TR	4,194 (-89.1%)	$220 (-88.1%)	0.1%	$43.55	—	GLOBAL SYSTEMICA	882927601
NVDL	GRANITESHARES ETF TR	11,034 (-46.2%)	$971 (-49.4%)	0.5%	$70.42	—	2X LONG NVDA DAI	38747R827
MSFT	MICROSOFT CORP	3,995 (-9.2%)	$1,932 (-15.2%)	1.0%	$350.36	+42.9%	COM	594918104
XLK	SELECT SECTOR SPDR TR	1,475 (-13.3%)	$212 (-55.7%)	0.1%	$257.72	—	STATE STREET TEC	81369Y803
SGOL	ETFS GOLD TR	5,500 (-56.1%)	$226 (-51.0%)	0.1%	$36.81	—	PHYSCL GOLD SHS	00326A104
BIL	SPDR SERIES TRUST	7,167 (-4.3%)	$655 (-4.6%)	0.3%	$91.69	—	STATE STREET SPD	78468R663
JPST	J P MORGAN EXCHANGE TRADED F	4,117 (-4.7%)	$208 (-5.0%)	0.1%	$50.29	—	ULTRA SHRT ETF	46641Q837
FTSM	FIRST TR EXCHANGE-TRADED FD	3,477 (-4.4%)	$208 (-4.4%)	0.1%	$59.66	—	FIRST TR ENH NEW	33739Q408

Unchanged Positions (3)

LLY ELI LILLY & CO 1.3%

Value ($000) $2,450 Shares 2,279 Est. Cost $575.10 Unrealized +66.2%

V VISA INC 0.2%

Value ($000) $356 Shares 1,015 Est. Cost $346.99 Unrealized -1.9%

FLRT PACER FDS TR 0.3%

Value ($000) $539 Shares 11,432 Est. Cost $47.39 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	2,279	$2,450	1.3%	$575.10	+66.2%	COM	532457108
V	VISA INC	1,015	$356	0.2%	$346.99	-1.9%	COM CL A	92826C839
FLRT	PACER FDS TR	11,432	$539	0.3%	$47.39	—	ARISTOTLE PACIFI	69374H428