Five Pine Wealth Management Long-Term Concentrated

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEU	VANGUARD INTL EQUITY INDEX F	278,892 (+4.5%)	$20,515 (+7.7%)	13.2%	$58.94	—	ALLWRLD EX US	922042775
VGIT	VANGUARD SCOTTSDALE FDS	158,199 (+17.0%)	$9,481 (+16.7%)	6.1%	$59.08	—	INTER TERM TREAS	92206C706
BND	VANGUARD BD INDEX FDS	310,491 (+5.0%)	$22,998 (+4.6%)	14.8%	$72.37	—	TOTAL BND MRKT	921937835
BNDX	VANGUARD CHARLOTTE FDS	106,442 (+21.7%)	$5,143 (+18.9%)	3.3%	$49.06	—	TOTAL INT BD ETF	92203J407
VTI	VANGUARD INDEX FDS	18,216 (+10.2%)	$6,107 (+12.6%)	3.9%	$294.23	—	TOTAL STK MKT	922908769
BNDW	VANGUARD SCOTTSDALE FDS	61,682 (+13.2%)	$4,240 (+11.7%)	2.7%	$68.44	—	TOTAL WLD BD ETF	92206C565
VTV	VANGUARD INDEX FDS	64,028 (+1.2%)	$12,229 (+3.7%)	7.8%	$170.48	—	VALUE ETF	922908744
BUFD	FIRST TR EXCHNG TRADED FD VI	55,735 (+34.3%)	$1,574 (+37.3%)	1.0%	$26.64	—	FT VEST LADDERED	33740U703
VNQ	VANGUARD INDEX FDS	16,790 (+27.7%)	$1,486 (+23.6%)	1.0%	$89.28	—	REAL ESTATE ETF	922908553
VB	VANGUARD INDEX FDS	32,750 (+1.2%)	$8,448 (+2.8%)	5.4%	$239.55	—	SMALL CP ETF	922908751
VCSH	VANGUARD SCOTTSDALE FDS	33,452 (+9.0%)	$2,667 (+8.8%)	1.7%	$78.27	—	SHRT TRM CORP BD	92206C409
MEAR	ISHARES U S ETF TR	30,892 (+16.0%)	$1,554 (+15.6%)	1.0%	$50.07	—	SHORT MATURITY M	46431W838
VO	VANGUARD INDEX FDS	18,370 (+4.8%)	$5,331 (+3.5%)	3.4%	$266.96	—	MID CAP ETF	922908629
SLV	ISHARES SILVER TR	5,185 (+7.7%)	$334 (+63.7%)	0.2%	$43.94	—	ISHARES	46428Q109
BIV	VANGUARD BD INDEX FDS	12,752 (+7.5%)	$993 (+10.8%)	0.6%	$74.95	—	INTERMED TERM	921937819
VIGI	VANGUARD WHITEHALL FDS	23,332 (+2.2%)	$2,134 (+4.3%)	1.4%	$80.57	—	INTL DVD ETF	921946810
VGSH	VANGUARD SCOTTSDALE FDS	14,805 (+9.7%)	$870 (+9.5%)	0.6%	$58.29	—	SHORT TERM TREAS	92206C102
FBTC	FIDELITY WISE ORIGIN BITCOIN	9,614 (+32.0%)	$733 (+0.8%)	0.5%	$84.83	—	SHS	315948109

Decreased Positions (8)

BIL SPDR SERIES TRUST 0.7%

Value ($000) $1,152 (-40.9%) Shares 12,602 (-40.7%) Est. Cost $91.51 Unrealized —

AG FIRST MAJESTIC SILVER CORP 0.3%

Value ($000) $434 (+32.0%) Shares 26,078 (-2.6%) Est. Cost $6.72 Unrealized +106.7%

RDVY FIRST TR EXCHANGE TRADED FD 3.3%

Value ($000) $5,177 (+1.4%) Shares 74,521 (-1.9%) Est. Cost $59.14 Unrealized —

BUFR FIRST TR EXCHNG TRADED FD VI 2.5%

Value ($000) $3,843 (-0.8%) Shares 112,179 (-3.2%) Est. Cost $30.45 Unrealized —

VUG VANGUARD INDEX FDS 10.2%

Value ($000) $15,938 (-0.2%) Shares 32,669 (-1.9%) Est. Cost $407.17 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $214 (-6.8%) Shares 425 (-6.8%) Est. Cost $461.73 Unrealized +7.8%

MINT PIMCO ETF TR 0.1%

Value ($000) $212 (+4.4%) Shares 2,111 (-4.6%) Est. Cost $100.20 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.2%

Value ($000) $238 (-3.1%) Shares 4,425 (-2.3%) Est. Cost $44.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIL	SPDR SERIES TRUST	12,602 (-40.7%)	$1,152 (-40.9%)	0.7%	$91.51	—	STATE STREET SPD	78468R663
AG	FIRST MAJESTIC SILVER CORP	26,078 (-2.6%)	$434 (+32.0%)	0.3%	$6.72	+106.7%	COM	32076V103
RDVY	FIRST TR EXCHANGE TRADED FD	74,521 (-1.9%)	$5,177 (+1.4%)	3.3%	$59.14	—	RISNG DIVD ACHIV	33738R506
BUFR	FIRST TR EXCHNG TRADED FD VI	112,179 (-3.2%)	$3,843 (-0.8%)	2.5%	$30.45	—	FT VEST LADDERED	33740F755
VUG	VANGUARD INDEX FDS	32,669 (-1.9%)	$15,938 (-0.2%)	10.2%	$407.17	—	GROWTH ETF	922908736
BRK/B	BERKSHIRE HATHAWAY INC DEL	425 (-6.8%)	$214 (-6.8%)	0.1%	$461.73	+7.8%	CL B NEW	084670702
MINT	PIMCO ETF TR	2,111 (-4.6%)	$212 (+4.4%)	0.1%	$100.20	—	ENHAN SHRT MA AC	72201R833
VWO	VANGUARD INTL EQUITY INDEX F	4,425 (-2.3%)	$238 (-3.1%)	0.2%	$44.04	—	FTSE EMR MKT ETF	922042858

Unchanged Positions (16)

IAU ISHARES GOLD TR 1.8%

Value ($000) $2,797 Shares 34,460 Est. Cost $49.95 Unrealized —

VOO VANGUARD INDEX FDS 6.9%

Value ($000) $10,831 Shares 17,270 Est. Cost $539.29 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.7%

Value ($000) $1,063 Shares 7,536 Est. Cost $118.51 Unrealized —

COST COSTCO WHSL CORP NEW 0.3%

Value ($000) $420 Shares 487 Est. Cost $922.64 Unrealized -1.8%

MSFT MICROSOFT CORP 0.2%

Value ($000) $369 Shares 763 Est. Cost $422.35 Unrealized +18.5%

SCHM SCHWAB STRATEGIC TR 0.6%

Value ($000) $987 Shares 32,835 Est. Cost $27.71 Unrealized —

AVGO BROADCOM INC 0.2%

Value ($000) $261 Shares 753 Est. Cost $305.74 Unrealized +16.8%

VSGX VANGUARD WORLD FD 0.2%

Value ($000) $298 Shares 4,155 Est. Cost $56.85 Unrealized —

ESGV VANGUARD WORLD FD 0.3%

Value ($000) $436 Shares 3,602 Est. Cost $104.88 Unrealized —

VXF VANGUARD INDEX FDS 1.6%

Value ($000) $2,540 Shares 12,148 Est. Cost $190.23 Unrealized —

YSEP FIRST TR EXCHNG TRADED FD VI 0.3%

Value ($000) $405 Shares 15,554 Est. Cost $21.92 Unrealized —

USMV ISHARES TR 0.3%

Value ($000) $393 Shares 4,173 Est. Cost $88.80 Unrealized —

BIBL NORTHERN LTS FD TR IV 0.2%

Value ($000) $250 Shares 5,541 Est. Cost $38.91 Unrealized —

DJUL FIRST TR EXCHNG TRADED FD VI 0.2%

Value ($000) $278 Shares 5,851 Est. Cost $42.90 Unrealized —

VBK VANGUARD INDEX FDS 0.1%

Value ($000) $219 Shares 724 Est. Cost $276.85 Unrealized —

SUSC ISHARES TR 0.2%

Value ($000) $305 Shares 13,031 Est. Cost $22.79 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IAU	ISHARES GOLD TR	34,460	$2,797	1.8%	$49.95	—	ISHARES NEW	464285204
VOO	VANGUARD INDEX FDS	17,270	$10,831	6.9%	$539.29	—	S&P 500 ETF SHS	922908363
VT	VANGUARD INTL EQUITY INDEX F	7,536	$1,063	0.7%	$118.51	—	TT WRLD ST ETF	922042742
COST	COSTCO WHSL CORP NEW	487	$420	0.3%	$922.64	-1.8%	COM	22160K105
MSFT	MICROSOFT CORP	763	$369	0.2%	$422.35	+18.5%	COM	594918104
SCHM	SCHWAB STRATEGIC TR	32,835	$987	0.6%	$27.71	—	US MID-CAP ETF	808524508
AVGO	BROADCOM INC	753	$261	0.2%	$305.74	+16.8%	COM	11135F101
VSGX	VANGUARD WORLD FD	4,155	$298	0.2%	$56.85	—	ESG INTL STK ETF	921910725
ESGV	VANGUARD WORLD FD	3,602	$436	0.3%	$104.88	—	ESG US STK ETF	921910733
VXF	VANGUARD INDEX FDS	12,148	$2,540	1.6%	$190.23	—	EXTEND MKT ETF	922908652
YSEP	FIRST TR EXCHNG TRADED FD VI	15,554	$405	0.3%	$21.92	—	FT VEST INT EQ M	33740U828
USMV	ISHARES TR	4,173	$393	0.3%	$88.80	—	MSCI USA MIN VOL	46429B697
BIBL	NORTHERN LTS FD TR IV	5,541	$250	0.2%	$38.91	—	INSPIRE 100 ETF	66538H534
DJUL	FIRST TR EXCHNG TRADED FD VI	5,851	$278	0.2%	$42.90	—	FT VEST US EQT	33740F698
VBK	VANGUARD INDEX FDS	724	$219	0.1%	$276.85	—	SML CP GRW ETF	922908595
SUSC	ISHARES TR	13,031	$305	0.2%	$22.79	—	ESG AWRE USD ETF	46435G193