Marathon Strategic Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPMD	SPDR SERIES TRUST	301,232 (+35.1%)	$17,444 (+36.8%)	13.3%	$55.56	—	STATE STREET SPD	78464A847
INTC	INTEL CORP	109,936 (+71.0%)	$4,057 (+88.1%)	3.1%	$34.69	+8.9%	COM	458140100
VNQ	VANGUARD INDEX FDS	76,341 (+27.6%)	$6,755 (+23.5%)	5.2%	$87.53	—	REAL ESTATE ETF	922908553
MSFT	MICROSOFT CORP	2,459 (+75.4%)	$1,189 (+63.8%)	0.9%	$453.69	+10.3%	COM	594918104
VTI	VANGUARD INDEX FDS	3,309 (+37.6%)	$1,109 (+40.6%)	0.8%	$312.50	—	TOTAL STK MKT	922908769
SPSM	SPDR SERIES TRUST	54,514 (+8.2%)	$2,555 (+9.4%)	2.0%	$44.81	—	STATE STREET SPD	78468R853
DLS	WISDOMTREE TR	24,627 (+1.6%)	$1,995 (+3.5%)	1.5%	$63.65	—	INTL SMCAP DIV	97717W760
DGS	WISDOMTREE TR	33,399 (+3.4%)	$1,912 (+3.6%)	1.5%	$49.56	—	EMG MKTS SMCAP	97717W281
—	BLACKROCK FLOATING RATE INCO	369,243 (+11.6%)	$4,350 (+1.3%)	3.3%	$13.38	—	COM	09255X100
DES	WISDOMTREE TR	66,599 (+2.4%)	$2,228 (+1.7%)	1.7%	$34.20	—	US SMALLCAP DIVD	97717W604
—	CALAMOS CONV OPPORTUNITIES &	276,926 (+3.5%)	$2,902 (+0.5%)	2.2%	$11.35	—	SH BEN INT	128117108

Exited Positions (1)

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $298 Shares 593 Est. Cost $442.18 Unrealized +12.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	593	$298	0.2%	$442.18	+12.5%	—	084670702

Decreased Positions (16)

GDXJ VANECK ETF TRUST 1.1%

Value ($000) $1,460 (-46.4%) Shares 12,836 (-53.3%) Est. Cost $42.75 Unrealized —

IVV ISHARES TR 7.9%

Value ($000) $10,283 (-5.2%) Shares 15,014 (-7.3%) Est. Cost $549.65 Unrealized —

CRDO CREDO TECHNOLOGY GROUP HOLDI 1.1%

Value ($000) $1,505 (-22.5%) Shares 10,458 (-21.6%) Est. Cost $53.46 Unrealized +187.6%

SPYM SPDR SERIES TRUST 9.2%

Value ($000) $12,007 (-2.2%) Shares 149,672 (-4.5%) Est. Cost $69.14 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 4.8%

Value ($000) $6,230 (+2.7%) Shares 99,727 (-1.5%) Est. Cost $49.42 Unrealized —

SPEM SPDR INDEX SHS FDS 8.6%

Value ($000) $11,272 (-1.3%) Shares 240,797 (-1.3%) Est. Cost $38.62 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 3.7%

Value ($000) $4,879 (-2.9%) Shares 90,754 (-2.1%) Est. Cost $44.03 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.4%

Value ($000) $477 (-9.1%) Shares 1,225 (-18.3%) Est. Cost $276.08 Unrealized +35.9%

IGSB ISHARES TR 0.3%

Value ($000) $458 (-9.1%) Shares 8,656 (-8.8%) Est. Cost $51.49 Unrealized —

EMXC ISHARES INC 0.4%

Value ($000) $570 (-4.9%) Shares 7,841 (-11.7%) Est. Cost $55.57 Unrealized —

TT TRANE TECHNOLOGIES PLC 0.2%

Value ($000) $256 (-9.6%) Shares 658 (-1.9%) Est. Cost $393.53 Unrealized +5.1%

AMZN AMAZON COM INC 0.3%

Value ($000) $430 (+3.9%) Shares 1,865 (-1.2%) Est. Cost $204.58 Unrealized +11.8%

SPDW SPDR INDEX SHS FDS 8.1%

Value ($000) $10,632 (+0.1%) Shares 239,399 (-3.5%) Est. Cost $34.25 Unrealized —

STPZ PIMCO ETF TR 0.2%

Value ($000) $268 (-3.6%) Shares 4,994 (-2.6%) Est. Cost $52.32 Unrealized —

IJH ISHARES TR 0.5%

Value ($000) $701 (-0.5%) Shares 10,621 (-1.6%) Est. Cost $58.52 Unrealized —

EFA ISHARES TR 0.2%

Value ($000) $217 (-1.1%) Shares 2,263 (-3.8%) Est. Cost $81.74 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GDXJ	VANECK ETF TRUST	12,836 (-53.3%)	$1,460 (-46.4%)	1.1%	$42.75	—	JUNIOR GOLD MINE	92189F791
IVV	ISHARES TR	15,014 (-7.3%)	$10,283 (-5.2%)	7.9%	$549.65	—	CORE S&P500 ETF	464287200
CRDO	CREDO TECHNOLOGY GROUP HOLDI	10,458 (-21.6%)	$1,505 (-22.5%)	1.1%	$53.46	+187.6%	ORDINARY SHARES	G25457105
SPYM	SPDR SERIES TRUST	149,672 (-4.5%)	$12,007 (-2.2%)	9.2%	$69.14	—	STATE STREET SPD	78464A854
VEA	VANGUARD TAX-MANAGED FDS	99,727 (-1.5%)	$6,230 (+2.7%)	4.8%	$49.42	—	VAN FTSE DEV MKT	921943858
SPEM	SPDR INDEX SHS FDS	240,797 (-1.3%)	$11,272 (-1.3%)	8.6%	$38.62	—	PORTFOLIO EMG MK	78463X509
VWO	VANGUARD INTL EQUITY INDEX F	90,754 (-2.1%)	$4,879 (-2.9%)	3.7%	$44.03	—	FTSE EMR MKT ETF	922042858
ROK	ROCKWELL AUTOMATION INC	1,225 (-18.3%)	$477 (-9.1%)	0.4%	$276.08	+35.9%	COM	773903109
IGSB	ISHARES TR	8,656 (-8.8%)	$458 (-9.1%)	0.3%	$51.49	—	ISHS 1-5YR INVS	464288646
EMXC	ISHARES INC	7,841 (-11.7%)	$570 (-4.9%)	0.4%	$55.57	—	MSCI EMRG CHN	46434G764
TT	TRANE TECHNOLOGIES PLC	658 (-1.9%)	$256 (-9.6%)	0.2%	$393.53	+5.1%	SHS	G8994E103
AMZN	AMAZON COM INC	1,865 (-1.2%)	$430 (+3.9%)	0.3%	$204.58	+11.8%	COM	023135106
SPDW	SPDR INDEX SHS FDS	239,399 (-3.5%)	$10,632 (+0.1%)	8.1%	$34.25	—	PORTFOLIO DEVLPD	78463X889
STPZ	PIMCO ETF TR	4,994 (-2.6%)	$268 (-3.6%)	0.2%	$52.32	—	1-5 US TIP IDX	72201R205
IJH	ISHARES TR	10,621 (-1.6%)	$701 (-0.5%)	0.5%	$58.52	—	CORE S&P MCP ETF	464287507
EFA	ISHARES TR	2,263 (-3.8%)	$217 (-1.1%)	0.2%	$81.74	—	MSCI EAFE ETF	464287465

Unchanged Positions (22)

VNQI VANGUARD INTL EQUITY INDEX F 4.4%

Value ($000) $5,713 Shares 124,640 Est. Cost $41.43 Unrealized —

LIN LINDE PLC 0.8%

Value ($000) $986 Shares 2,313 Est. Cost $470.63 Unrealized -9.2%

XOM EXXON MOBIL CORP 1.3%

Value ($000) $1,650 Shares 13,713 Est. Cost $109.70 Unrealized +5.3%

VO VANGUARD INDEX FDS 3.8%

Value ($000) $4,965 Shares 17,108 Est. Cost $242.72 Unrealized —

BC BRUNSWICK CORP 0.3%

Value ($000) $408 Shares 5,500 Est. Cost $61.42 Unrealized +9.9%

VTIP VANGUARD MALVERN FDS 1.0%

Value ($000) $1,307 Shares 26,421 Est. Cost $48.54 Unrealized —

DUK DUKE ENERGY CORP NEW 0.4%

Value ($000) $547 Shares 4,666 Est. Cost $119.80 Unrealized +1.5%

PSX PHILLIPS 66 0.4%

Value ($000) $524 Shares 4,059 Est. Cost $126.39 Unrealized +6.0%

MCK MCKESSON CORP 0.4%

Value ($000) $460 Shares 561 Est. Cost $557.26 Unrealized +46.4%

SYK STRYKER CORPORATION 0.3%

Value ($000) $438 Shares 1,247 Est. Cost $371.54 Unrealized -2.2%

AAPL APPLE INC 0.3%

Value ($000) $349 Shares 1,283 Est. Cost $183.10 Unrealized +46.6%

AEP AMERICAN ELEC PWR CO INC 0.6%

Value ($000) $810 Shares 7,027 Est. Cost $92.53 Unrealized +27.2%

PPL PPL CORP 0.2%

Value ($000) $322 Shares 9,204 Est. Cost $35.43 Unrealized +1.1%

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $306 Shares 1,033 Est. Cost $259.55 Unrealized +15.1%

DON WISDOMTREE TR 0.6%

Value ($000) $804 Shares 15,590 Est. Cost $51.00 Unrealized —

COP CONOCOPHILLIPS 0.7%

Value ($000) $964 Shares 10,295 Est. Cost $93.28 Unrealized -3.5%

VB VANGUARD INDEX FDS 0.6%

Value ($000) $783 Shares 3,035 Est. Cost $218.66 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.2%

Value ($000) $267 Shares 11,105 Est. Cost $22.10 Unrealized —

PEP PEPSICO INC 0.3%

Value ($000) $342 Shares 2,385 Est. Cost $157.93 Unrealized -7.6%

UBSI UNITED BANKSHARES INC WEST V 0.2%

Value ($000) $214 Shares 5,565 Est. Cost $37.28 Unrealized -0.1%

EEM ISHARES TR 0.2%

Value ($000) $211 Shares 3,853 Est. Cost $53.40 Unrealized —

IWM ISHARES TR 0.2%

Value ($000) $236 Shares 960 Est. Cost $215.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VNQI	VANGUARD INTL EQUITY INDEX F	124,640	$5,713	4.4%	$41.43	—	GLB EX US ETF	922042676
LIN	LINDE PLC	2,313	$986	0.8%	$470.63	-9.2%	SHS	G54950103
XOM	EXXON MOBIL CORP	13,713	$1,650	1.3%	$109.70	+5.3%	COM	30231G102
VO	VANGUARD INDEX FDS	17,108	$4,965	3.8%	$242.72	—	MID CAP ETF	922908629
BC	BRUNSWICK CORP	5,500	$408	0.3%	$61.42	+9.9%	COM	117043109
VTIP	VANGUARD MALVERN FDS	26,421	$1,307	1.0%	$48.54	—	STRM INFPROIDX	922020805
DUK	DUKE ENERGY CORP NEW	4,666	$547	0.4%	$119.80	+1.5%	COM NEW	26441C204
PSX	PHILLIPS 66	4,059	$524	0.4%	$126.39	+6.0%	COM	718546104
MCK	MCKESSON CORP	561	$460	0.4%	$557.26	+46.4%	COM	58155Q103
SYK	STRYKER CORPORATION	1,247	$438	0.3%	$371.54	-2.2%	COM	863667101
AAPL	APPLE INC	1,283	$349	0.3%	$183.10	+46.6%	COM	037833100
AEP	AMERICAN ELEC PWR CO INC	7,027	$810	0.6%	$92.53	+27.2%	COM	025537101
PPL	PPL CORP	9,204	$322	0.2%	$35.43	+1.1%	COM	69351T106
IBM	INTERNATIONAL BUSINESS MACHS	1,033	$306	0.2%	$259.55	+15.1%	COM	459200101
DON	WISDOMTREE TR	15,590	$804	0.6%	$51.00	—	US MIDCAP DIVID	97717W505
COP	CONOCOPHILLIPS	10,295	$964	0.7%	$93.28	-3.5%	COM	20825C104
VB	VANGUARD INDEX FDS	3,035	$783	0.6%	$218.66	—	SMALL CP ETF	922908751
SCHF	SCHWAB STRATEGIC TR	11,105	$267	0.2%	$22.10	—	INTL EQTY ETF	808524805
PEP	PEPSICO INC	2,385	$342	0.3%	$157.93	-7.6%	COM	713448108
UBSI	UNITED BANKSHARES INC WEST V	5,565	$214	0.2%	$37.28	-0.1%	COM	909907107
EEM	ISHARES TR	3,853	$211	0.2%	$53.40	—	MSCI EMG MKT ETF	464287234
IWM	ISHARES TR	960	$236	0.2%	$215.88	—	RUSSELL 2000 ETF	464287655