Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLE	SELECT SECTOR SPDR TR	159,977	$8.496M	3.3%	$53.11	—	ST STR ENERG ETF	81369Y506
SCHP	SCHWAB STRATEGIC TR	251,901	$6.675M	2.6%	$26.50	—	US TIPS ETF	808524870
STIP	ISHARES TR	65,003	$6.641M	2.6%	$102.16	—	0-5 YR TIPS ETF	46429B747
BFH	BREAD FINANCIAL HOLDINGS INC	25,021	$2.711M	1.1%	$108.35	—	COM	018581108
TDC	TERADATA CORP DEL	73,226	$2.537M	1.0%	$34.65	—	COM	88076W103
FSS	FEDERAL SIGNAL CORP	19,622	$2.521M	1.0%	$128.49	—	COM	313855108
BAC	BANK OF AMER CORP	42,016	$2.394M	0.9%	$56.98	—	COM	060505104
GOLD	GOLD COM INC	55,407	$2.305M	0.9%	$41.61	—	COM	00181T107
DY	DYCOM INDS INC	4,339	$2.194M	0.9%	$505.59	—	COM	267475101
BURL	BURLINGTON STORES INC	6,300	$1.996M	0.8%	$316.80	—	COM	122017106
BP	BP PLC	49,493	$1.829M	0.7%	$36.95	—	SPONSORED ADR	055622104
CF	CF INDUSTRIES HOLD	16,307	$1.765M	0.7%	$108.26	—	COM	125269100
BAP	CREDICORP LTD	2,128	$829K	0.3%	$389.58	—	COM	G2519Y108
NVDA	NVIDIA CORPORATION	3,860	$772K	0.3%	$200.09	—	COM	67066G104
PG	PROCTER & GAMBLE CO	5,264	$772K	0.3%	$146.64	—	COM	742718109
ES	EVERSOURCE ENERGY	10,544	$762K	0.3%	$72.27	—	COM	30040W108
PEG	PUBLIC SVC ENTERPRISE GROUP	8,605	$698K	0.3%	$81.16	—	COM	744573106
LAR	LITHIUM ARGENTINA AG	75,942	$628K	0.2%	$8.27	—	COM SHS	H5012F103
CGAU	CENTERRA GOLD INC	35,136	$557K	0.2%	$15.86	—	COM	152006102
PARR	PAR PAC HOLDINGS INC	9,785	$549K	0.2%	$56.08	—	COM NEW	69888T207
NE	NOBLE CORP PLC	14,573	$544K	0.2%	$37.30	—	ORD SHS A	G65431127
BVN	COMPANIA DE MINAS BUENAVENTU	17,906	$524K	0.2%	$29.29	—	SPONSORED ADR	204448104
SSRM	SSR MINING IN	17,985	$509K	0.2%	$28.28	—	COM	784730103
PTEN	PATTERSON-UTI ENERGY INC	53,989	$496K	0.2%	$9.18	—	COM	703481101
APA	APA CORPORATION	15,175	$494K	0.2%	$32.57	—	COM	03743Q108
SKE	SKEENA RES LTD NEW	17,630	$470K	0.2%	$26.66	—	COM	83056P715
VG	VENTURE GLOBAL INC	40,789	$454K	0.2%	$11.13	—	COM CL A	92333F101
KOS	KOSMOS ENERGY LTD	202,013	$426K	0.2%	$2.11	—	COM	500688106
VET	VERMILION ENERGY INC	45,095	$423K	0.2%	$9.37	—	COM	923725105
VAL	VALARIS LTD	5,525	$401K	0.2%	$72.60	—	CL A	G9460G101
GLW	CORNING INC	1,163	$297K	0.1%	$255.43	—	COM	219350105
TER	TERADYNE INC	554	$268K	0.1%	$483.84	—	COM	880770102
VRT	VERTIV HOLDINGS CO	800	$268K	0.1%	$334.83	—	COM CL A	92537N108
CAT	CATERPILLAR INC	240	$256K	0.1%	$1064.90	—	COM	149123101
WDC	WESTERN DIGITAL CORP	395	$252K	0.1%	$638.72	—	COM	958102105
SNDK	SANDISK CORP	109	$248K	0.1%	$2273.73	—	COM	80004C200
WMS	ADVANCED DRAIN SYS INC DEL	1,448	$227K	0.1%	$156.96	—	COM	00790R104
COHR	COHERENT CORP	571	$225K	0.1%	$394.47	—	COM	19247G107
TDY	TELEDYNE TECHNOLOGIES INC	312	$208K	0.1%	$666.90	—	COM	879360105
LITE	LUMENTUM HLDGS INC	239	$205K	0.1%	$858.06	—	COM	55024U109
RGLD	ROYAL GOLD INC	1,011	$202K	0.1%	$199.61	—	COM	780287108
PR	PERMIAN RESOURCES CORP	10,526	$194K	0.1%	$18.41	—	CLASS A COM	71424F105
XLU	SELECT SECTOR SPDR TR	1,724	$78,166	0.0%	$45.34	—	ST STR UTIL ETF	81369Y886
LAC	LITHIUM AMERS CORP NEW	10,385	$39,982	0.0%	$3.85	—	COM SHS	53681J103
SCHF	SCHWAB STRATEGIC TR	1,156	$32,021	0.0%	$27.70	—	INTL EQTY ETF	808524805
TRX	TRX GOLD CORPORATION	27,263	$22,492	0.0%	$0.83	—	COM	87283P109
CLOI	VANECK ETF TRUST	283	$14,985	0.0%	$52.95	—	CLO ETF	92189H748
PDBA	INVESCO ACTVELY MNGD ETC FD	300	$10,686	0.0%	$35.62	—	AGRI CMDTY STRA	46090F308
SCHB	SCHWAB STRATEGIC TR	236	$6,835	0.0%	$28.96	—	US BRD MKT ETF	808524102
XLK	SELECT SECTOR SPDR TR	35	$6,668	0.0%	$190.51	—	ST STR TECHN ETF	81369Y803
PIT	VANECK ETF TRUST	100	$6,601	0.0%	$66.01	—	COMMODITY STGY	92189H771
EQWL	INVESCO EXCHANGE TRADED FD T	46	$5,935	0.0%	$129.02	—	S&P 100 EQL WIGH	46137V449
TLH	ISHARES TR	49	$4,917	0.0%	$100.35	—	10-20 YR TRS ETF	464288653
PBW	INVESCO EXCHANGE TRADED FD T	96	$3,745	0.0%	$39.01	—	WILDERHIL CLAN	46137V134
SCHE	SCHWAB STRATEGIC TR	102	$3,699	0.0%	$36.26	—	EMRG MKTEQ ETF	808524706
IVW	ISHARES TR	21	$2,888	0.0%	$137.52	—	S&P 500 GRWT ETF	464287309
SLVP	ISHARES INC	20	$617	0.0%	$30.85	—	MSCI GLB SLV&MTL	464286327

Increased Positions (44)

IGSB ISHARES TR 5.1%

Value $13.14M (+21.4%) Shares 250,646 (+21.7%) Est. Cost $52.51 Unrealized —

TLT ISHARES TR 3.8%

Value $9.799M (+27.1%) Shares 113,384 (+27.5%) Est. Cost $86.68 Unrealized —

ENVA ENOVA INTL INC 1.5%

Value $3.948M (+108.6%) Shares 16,400 (+17.7%) Est. Cost $168.72 Unrealized —

PBR PETROLEO BRASILEIRO S A 0.8%

Value $2.075M (+241.1%) Shares 128,379 (+338.0%) Est. Cost $17.21 Unrealized —

SHY ISHARES TR 2.5%

Value $6.379M (+24.4%) Shares 77,686 (+25.1%) Est. Cost $82.47 Unrealized —

EMLC VANECK ETF TRUST 4.0%

Value $10.18M (+13.8%) Shares 398,278 (+11.8%) Est. Cost $25.11 Unrealized —

NLR VANECK ETF TRUST 4.1%

Value $10.46M (-9.0%) Shares 90,191 (+4.4%) Est. Cost $131.46 Unrealized —

CVX CHEVRON CORPORATION 0.9%

Value $2.397M (+62.1%) Shares 14,458 (+102.4%) Est. Cost $168.78 Unrealized —

GRDN GUARDIAN PHARMACY SVCS INC 1.1%

Value $2.747M (+27.9%) Shares 65,604 (+15.0%) Est. Cost $32.87 Unrealized —

EQNR EQUINOR ASA 1.1%

Value $2.875M (+21.4%) Shares 91,561 (+63.1%) Est. Cost $38.02 Unrealized —

EME EMCOR GROUP INC 1.0%

Value $2.584M (+22.4%) Shares 3,114 (+8.8%) Est. Cost $735.06 Unrealized —

ACN ACCENTURE PLC IRELAND 0.3%

Value $748K (+69.7%) Shares 6,010 (+170.5%) Est. Cost $172.05 Unrealized —

EIX EDISON INTL 0.4%

Value $1.077M (+30.9%) Shares 14,466 (+28.7%) Est. Cost $66.83 Unrealized —

CEF SPROTT ASSET MANAGEMENT LP 1.0%

Value $2.685M (-7.0%) Shares 66,733 (+10.3%) Est. Cost $47.02 Unrealized —

FET FORUM ENERGY TECHNOLOGIES IN 0.2%

Value $516K (+63.5%) Shares 10,279 (+91.0%) Est. Cost $48.17 Unrealized —

GIS GENERAL MILLS INC 0.3%

Value $775K (+26.5%) Shares 22,280 (+35.3%) Est. Cost $42.69 Unrealized —

IAG IAMGOLD CORP 0.3%

Value $677K (+22.8%) Shares 42,757 (+45.9%) Est. Cost $18.54 Unrealized —

LMT LOCKHEED MARTIN CORP 0.2%

Value $603K (+23.2%) Shares 1,184 (+46.2%) Est. Cost $572.00 Unrealized —

GDX VANECK ETF TRUST 0.3%

Value $736K (-12.7%) Shares 9,757 (+6.2%) Est. Cost $90.82 Unrealized —

DRI DARDEN RESTAURANTS INC 0.3%

Value $832K (+13.4%) Shares 4,038 (+7.9%) Est. Cost $207.31 Unrealized —

IVV ISHARES TR 0.0%

Value $95,858 (+1734.3%) Shares 128 (+1500.0%) Est. Cost $742.91 Unrealized —

SVM SILVERCORP METALS INC 0.3%

Value $745K (+13.7%) Shares 73,800 (+20.9%) Est. Cost $10.80 Unrealized —

GOOGL ALPHABET INC 0.1%

Value $159K (+108.7%) Shares 445 (+67.9%) Est. Cost $337.08 Unrealized —

IAU ISHARES GOLD TR 0.2%

Value $502K (-13.2%) Shares 6,650 (+1.3%) Est. Cost $87.99 Unrealized —

CNA CNA FINL CORP 0.3%

Value $732K (+11.1%) Shares 15,060 (+5.0%) Est. Cost $47.72 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value $433K (-12.8%) Shares 3,853 (+1.7%) Est. Cost $139.39 Unrealized —

IEI ISHARES TR 0.0%

Value $87,853 (+219.3%) Shares 748 (+222.4%) Est. Cost $117.81 Unrealized —

PSLV SPROTT ASSET MANAGEMENT LP 0.3%

Value $797K (-6.3%) Shares 42,240 (+21.1%) Est. Cost $23.43 Unrealized —

MDT MEDTRONIC PLC 0.2%

Value $601K (-7.1%) Shares 7,676 (+2.9%) Est. Cost $98.91 Unrealized —

AG FIRST MAJESTIC SILVER CORP 0.3%

Value $701K (-6.1%) Shares 41,308 (+19.0%) Est. Cost $21.64 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $287K (+17.8%) Shares 573 (+12.8%) Est. Cost $494.26 Unrealized —

BF/B BROWN FORMAN CORP 0.3%

Value $672K (+4.2%) Shares 25,216 (+3.4%) Est. Cost $27.92 Unrealized —

ITA ISHARES TR 0.0%

Value $46,545 (+131.3%) Shares 192 (+108.7%) Est. Cost $231.08 Unrealized —

GLD SPDR GOLD TR 0.1%

Value $230K (-10.1%) Shares 624 (+5.1%) Est. Cost $427.13 Unrealized —

DHT DHT HOLDINGS INC 0.1%

Value $340K (-7.0%) Shares 20,552 (+2.8%) Est. Cost $14.38 Unrealized —

REMX VANECK ETF TRUST 0.0%

Value $28,055 (+342.8%) Shares 317 (+340.3%) Est. Cost $88.39 Unrealized —

PHYS SPROTT ASSET MANAGEMENT LP 0.3%

Value $685K (+3.0%) Shares 22,697 (+21.0%) Est. Cost $34.53 Unrealized —

SQM SOCIEDAD QUIMICA Y MINERA DE 0.3%

Value $704K (-2.7%) Shares 9,502 (+6.4%) Est. Cost $80.53 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 0.2%

Value $473K (+3.6%) Shares 12,866 (+6.6%) Est. Cost $37.77 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $283K (+4.1%) Shares 2,069 (+29.2%) Est. Cost $138.28 Unrealized —

IJR ISHARES TR 0.0%

Value $32,628 (+43.4%) Shares 220 (+20.2%) Est. Cost $128.35 Unrealized —

GDXJ VANECK ETF TRUST 0.1%

Value $287K (+3.0%) Shares 2,921 (+25.9%) Est. Cost $115.59 Unrealized —

ET ENERGY TRANSFER L P 0.1%

Value $263K (+2.8%) Shares 13,775 (+3.8%) Est. Cost $19.29 Unrealized —

WTRG ESSENTIAL UTILS INC 0.3%

Value $716K (-0.9%) Shares 18,685 (+4.1%) Est. Cost $38.75 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IGSB	ISHARES TR	250,646 (+21.7%)	$13.14M (+21.4%)	5.1%	$52.51	—	ISHS 1-5YR INVS	464288646
TLT	ISHARES TR	113,384 (+27.5%)	$9.799M (+27.1%)	3.8%	$86.68	—	20 YR TR BD ETF	464287432
ENVA	ENOVA INTL INC	16,400 (+17.7%)	$3.948M (+108.6%)	1.5%	$168.72	—	COM	29357K103
PBR	PETROLEO BRASILEIRO S A	128,379 (+338.0%)	$2.075M (+241.1%)	0.8%	$17.21	—	SPONSORED ADR	71654V408
SHY	ISHARES TR	77,686 (+25.1%)	$6.379M (+24.4%)	2.5%	$82.47	—	1 3 YR TREAS BD	464287457
EMLC	VANECK ETF TRUST	398,278 (+11.8%)	$10.18M (+13.8%)	4.0%	$25.11	—	JP MRGAN EM LOC	92189H300
NLR	VANECK ETF TRUST	90,191 (+4.4%)	$10.46M (-9.0%)	4.1%	$131.46	—	URANI NUCLE ETF	92189F601
CVX	CHEVRON CORPORATION	14,458 (+102.4%)	$2.397M (+62.1%)	0.9%	$168.78	—	COM	166764100
GRDN	GUARDIAN PHARMACY SVCS INC	65,604 (+15.0%)	$2.747M (+27.9%)	1.1%	$32.87	—	CL A	40145W101
EQNR	EQUINOR ASA	91,561 (+63.1%)	$2.875M (+21.4%)	1.1%	$38.02	—	SPONSORED ADR	29446M102
EME	EMCOR GROUP INC	3,114 (+8.8%)	$2.584M (+22.4%)	1.0%	$735.06	—	COM	29084Q100
ACN	ACCENTURE PLC IRELAND	6,010 (+170.5%)	$748K (+69.7%)	0.3%	$172.05	—	SHS CLASS A	G1151C101
EIX	EDISON INTL	14,466 (+28.7%)	$1.077M (+30.9%)	0.4%	$66.83	—	COM	281020107
CEF	SPROTT ASSET MANAGEMENT LP	66,733 (+10.3%)	$2.685M (-7.0%)	1.0%	$47.02	—	PHYSICAL GOLD AN	85208R101
FET	FORUM ENERGY TECHNOLOGIES IN	10,279 (+91.0%)	$516K (+63.5%)	0.2%	$48.17	—	COM	34984V209
GIS	GENERAL MILLS INC	22,280 (+35.3%)	$775K (+26.5%)	0.3%	$42.69	—	COM	370334104
IAG	IAMGOLD CORP	42,757 (+45.9%)	$677K (+22.8%)	0.3%	$18.54	—	COM	450913108
LMT	LOCKHEED MARTIN CORP	1,184 (+46.2%)	$603K (+23.2%)	0.2%	$572.00	—	COM	539830109
GDX	VANECK ETF TRUST	9,757 (+6.2%)	$736K (-12.7%)	0.3%	$90.82	—	GOLD MINERS ETF	92189F106
DRI	DARDEN RESTAURANTS INC	4,038 (+7.9%)	$832K (+13.4%)	0.3%	$207.31	—	COM	237194105
IVV	ISHARES TR	128 (+1500.0%)	$95,858 (+1734.3%)	0.0%	$742.91	—	CORE S&P500 ETF	464287200
SVM	SILVERCORP METALS INC	73,800 (+20.9%)	$745K (+13.7%)	0.3%	$10.80	—	COM	82835P103
GOOGL	ALPHABET INC	445 (+67.9%)	$159K (+108.7%)	0.1%	$337.08	—	CAP STK CL A	02079K305
IAU	ISHARES GOLD TR	6,650 (+1.3%)	$502K (-13.2%)	0.2%	$87.99	—	ISHARES NEW	464285204
CNA	CNA FINL CORP	15,060 (+5.0%)	$732K (+11.1%)	0.3%	$47.72	—	COM	126117100
WPM	WHEATON PRECIOUS METALS CORP	3,853 (+1.7%)	$433K (-12.8%)	0.2%	$139.39	—	COM	962879102
IEI	ISHARES TR	748 (+222.4%)	$87,853 (+219.3%)	0.0%	$117.81	—	3 7 YR TREAS BD	464288661
PSLV	SPROTT ASSET MANAGEMENT LP	42,240 (+21.1%)	$797K (-6.3%)	0.3%	$23.43	—	PHYSICAL SILVER	85207K107
MDT	MEDTRONIC PLC	7,676 (+2.9%)	$601K (-7.1%)	0.2%	$98.91	—	SHS	G5960L103
AG	FIRST MAJESTIC SILVER CORP	41,308 (+19.0%)	$701K (-6.1%)	0.3%	$21.64	—	COM	32076V103
BRK/B	BERKSHIRE HATHAWAY INC DEL	573 (+12.8%)	$287K (+17.8%)	0.1%	$494.26	—	CL B NEW	084670702
BF/B	BROWN FORMAN CORP	25,216 (+3.4%)	$672K (+4.2%)	0.3%	$27.92	—	CL B	115637209
ITA	ISHARES TR	192 (+108.7%)	$46,545 (+131.3%)	0.0%	$231.08	—	US AER DEF ETF	464288760
GLD	SPDR GOLD TR	624 (+5.1%)	$230K (-10.1%)	0.1%	$427.13	—	GOLD SHS	78463V107
DHT	DHT HOLDINGS INC	20,552 (+2.8%)	$340K (-7.0%)	0.1%	$14.38	—	SHS NEW	Y2065G121
REMX	VANECK ETF TRUST	317 (+340.3%)	$28,055 (+342.8%)	0.0%	$88.39	—	RARE EAR STR ETF	92189H805
PHYS	SPROTT ASSET MANAGEMENT LP	22,697 (+21.0%)	$685K (+3.0%)	0.3%	$34.53	—	PHYSICAL GOLD TR	85207H104
SQM	SOCIEDAD QUIMICA Y MINERA DE	9,502 (+6.4%)	$704K (-2.7%)	0.3%	$80.53	—	SPON ADR SER B	833635105
EPD	ENTERPRISE PRODS PARTNERS L	12,866 (+6.6%)	$473K (+3.6%)	0.2%	$37.77	—	COM	293792107
XOM	EXXON MOBIL CORP	2,069 (+29.2%)	$283K (+4.1%)	0.1%	$138.28	—	COM	30231G102
IJR	ISHARES TR	220 (+20.2%)	$32,628 (+43.4%)	0.0%	$128.35	—	CORE S&P SCP ETF	464287804
GDXJ	VANECK ETF TRUST	2,921 (+25.9%)	$287K (+3.0%)	0.1%	$115.59	—	JUNIOR GOLD MINE	92189F791
ET	ENERGY TRANSFER L P	13,775 (+3.8%)	$263K (+2.8%)	0.1%	$19.29	—	COM UT LTD PTN	29273V100
WTRG	ESSENTIAL UTILS INC	18,685 (+4.1%)	$716K (-0.9%)	0.3%	$38.75	—	COM	29670G102

Exited Positions (28)

DLX DELUXE CORP MEDIUM TERM NTS 1.1%

Value $2.725M Shares 98,937 Est. Cost $25.27 Unrealized —

SCHW SCHWAB CHARLES CORP 0.9%

Value $2.188M Shares 23,283 Est. Cost $100.12 Unrealized —

ORI OLD REP INTL CORP 0.6%

Value $1.583M Shares 39,676 Est. Cost $41.57 Unrealized —

LRN STRIDE INC 0.3%

Value $884K Shares 10,022 Est. Cost $78.14 Unrealized —

FE FIRSTENERGY CORP 0.3%

Value $785K Shares 15,495 Est. Cost $47.09 Unrealized —

APD AIR PRODUCTS AND CHEMICALS I 0.3%

Value $735K Shares 2,529 Est. Cost $271.49 Unrealized —

TGB TASEKO MINES LTD 0.2%

Value $600K Shares 93,100 Est. Cost $7.51 Unrealized —

HL HECLA MINING COMPANY 0.2%

Value $575K Shares 30,887 Est. Cost $24.08 Unrealized —

SOC SABLE OFFSHORE CORP 0.2%

Value $560K Shares 33,926 Est. Cost $9.61 Unrealized —

B BARRICK MNG CORP 0.2%

Value $551K Shares 13,499 Est. Cost $48.30 Unrealized —

ERO ERO COPPER CORP 0.2%

Value $528K Shares 19,788 Est. Cost $31.75 Unrealized —

BTE BAYTEX ENERGY CORP 0.2%

Value $464K Shares 103,869 Est. Cost $3.45 Unrealized —

NFGC NEW FOUND GOLD CORP 0.2%

Value $438K Shares 225,894 Est. Cost $2.97 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.2%

Value $434K Shares 9,390 Est. Cost $46.22 Unrealized —

EFXT ENERFLEX LTD 0.2%

Value $420K Shares 20,077 Est. Cost $17.54 Unrealized —

NGL NGL ENERGY PARTNERS LP 0.2%

Value $400K Shares 32,451 Est. Cost $12.33 Unrealized —

BORR BORR DRILLING LTD 0.2%

Value $397K Shares 68,745 Est. Cost $4.91 Unrealized —

TGS TRANSPORTADORA DE GAS DEL SU 0.2%

Value $395K Shares 11,411 Est. Cost $34.61 Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 0.1%

Value $338K Shares 1,196 Est. Cost $228.24 Unrealized —

NBR NABORS INDUSTRIES LTD 0.1%

Value $318K Shares 3,694 Est. Cost $67.34 Unrealized —

NESR NATIONAL ENERGY SERVICES REU 0.1%

Value $280K Shares 13,057 Est. Cost $20.43 Unrealized —

SPXS DIREXION SHARES ETF TRUST 0.1%

Value $243K Shares 6,000 Est. Cost $40.49 Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.1%

Value $238K Shares 1,814 Est. Cost $126.06 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 0.1%

Value $207K Shares 20,651 Est. Cost $10.73 Unrealized —

BIL SPDR SERIES TRUST 0.1%

Value $178K Shares 1,938 Est. Cost $91.64 Unrealized —

XES SPDR SERIES TRUST 0.0%

Value $20,125 Shares 173 Est. Cost $116.33 Unrealized —

XOP SPDR SERIES TRUST 0.0%

Value $7,273 Shares 40 Est. Cost $181.82 Unrealized —

RAAX VANECK ETF TRUST 0.0%

Value $1,181 Shares 29 Est. Cost $40.72 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DLX	DELUXE CORP MEDIUM TERM NTS	98,937	$2.725M	1.1%	$25.27	—	—	248019101
SCHW	SCHWAB CHARLES CORP	23,283	$2.188M	0.9%	$100.12	—	—	808513105
ORI	OLD REP INTL CORP	39,676	$1.583M	0.6%	$41.57	—	—	680223104
LRN	STRIDE INC	10,022	$884K	0.3%	$78.14	—	—	86333M108
FE	FIRSTENERGY CORP	15,495	$785K	0.3%	$47.09	—	—	337932107
APD	AIR PRODUCTS AND CHEMICALS I	2,529	$735K	0.3%	$271.49	—	—	009158106
TGB	TASEKO MINES LTD	93,100	$600K	0.2%	$7.51	—	—	876511106
HL	HECLA MINING COMPANY	30,887	$575K	0.2%	$24.08	—	—	422704106
SOC	SABLE OFFSHORE CORP	33,926	$560K	0.2%	$9.61	—	—	78574H104
B	BARRICK MNG CORP	13,499	$551K	0.2%	$48.30	—	—	06849F108
ERO	ERO COPPER CORP	19,788	$528K	0.2%	$31.75	—	—	296006109
BTE	BAYTEX ENERGY CORP	103,869	$464K	0.2%	$3.45	—	—	07317Q105
NFGC	NEW FOUND GOLD CORP	225,894	$438K	0.2%	$2.97	—	—	64440N103
YPF	YPF SOCIEDAD ANONIMA	9,390	$434K	0.2%	$46.22	—	—	984245100
EFXT	ENERFLEX LTD	20,077	$420K	0.2%	$17.54	—	—	29269R105
NGL	NGL ENERGY PARTNERS LP	32,451	$400K	0.2%	$12.33	—	—	62913M107
BORR	BORR DRILLING LTD	68,745	$397K	0.2%	$4.91	—	—	G1466R173
TGS	TRANSPORTADORA DE GAS DEL SU	11,411	$395K	0.2%	$34.61	—	—	893870204
KEYS	KEYSIGHT TECHNOLOGIES INC	1,196	$338K	0.1%	$228.24	—	—	49338L103
NBR	NABORS INDUSTRIES LTD	3,694	$318K	0.1%	$67.34	—	—	G6359F137
NESR	NATIONAL ENERGY SERVICES REU	13,057	$280K	0.1%	$20.43	—	—	G6375R107
SPXS	DIREXION SHARES ETF TRUST	6,000	$243K	0.1%	$40.49	—	—	25460E190
JCI	JOHNSON CONTROLS INTERNATION	1,814	$238K	0.1%	$126.06	—	—	G51502105
PAGS	PAGSEGURO DIGITAL LTD	20,651	$207K	0.1%	$10.73	—	—	G68707101
BIL	SPDR SERIES TRUST	1,938	$178K	0.1%	$91.64	—	—	78468R663
XES	SPDR SERIES TRUST	173	$20,125	0.0%	$116.33	—	—	78468R549
XOP	SPDR SERIES TRUST	40	$7,273	0.0%	$181.82	—	—	78468R556
RAAX	VANECK ETF TRUST	29	$1,181	0.0%	$40.72	—	—	92189F130

Decreased Positions (32)

OUNZ VANECK MERK GOLD ETF 6.4%

Value $16.31M (-17.2%) Shares 422,678 (-3.4%) Est. Cost $44.72 Unrealized —

CIBR FIRST TR EXCHANGE-TRADED FD 4.3%

Value $11.12M (+37.5%) Shares 123,750 (-4.1%) Est. Cost $62.68 Unrealized —

IWM ISHARES TR 7.1%

Value $18.22M (+16.8%) Shares 60,644 (-3.6%) Est. Cost $247.41 Unrealized —

SLV ISHARES SILVER TR 2.1%

Value $5.359M (-26.6%) Shares 100,226 (-6.4%) Est. Cost $68.14 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 5.7%

Value $14.7M (-9.3%) Shares 925,387 (-1.1%) Est. Cost $17.21 Unrealized —

EWZ ISHARES INC 2.7%

Value $7.043M (-13.3%) Shares 204,148 (-3.5%) Est. Cost $38.39 Unrealized —

ILF ISHARES TR 3.1%

Value $7.854M (-7.3%) Shares 232,716 (-2.4%) Est. Cost $35.22 Unrealized —

VIPS VIPSHOP HLDGS LTD 0.6%

Value $1.414M (-20.0%) Shares 106,668 (-5.2%) Est. Cost $15.72 Unrealized —

ALB ALBEMARLE CORP 0.2%

Value $570K (-33.2%) Shares 4,223 (-11.2%) Est. Cost $171.25 Unrealized —

FV FIRST TR EXCHANGE TRADED FD 0.6%

Value $1.443M (+24.1%) Shares 19,019 (-1.1%) Est. Cost $60.44 Unrealized —

CNO CNO FINL GROUP INC 0.8%

Value $1.995M (+14.7%) Shares 39,132 (-7.6%) Est. Cost $42.38 Unrealized —

WT WISDOMTREE INC 0.9%

Value $2.338M (+9.9%) Shares 138,005 (-5.5%) Est. Cost $15.53 Unrealized —

JXN JACKSON FINANCIAL INC 0.7%

Value $1.803M (-8.5%) Shares 17,613 (-5.6%) Est. Cost $114.95 Unrealized —

FRO FRONTLINE PLC 1.2%

Value $2.973M (-4.6%) Shares 85,457 (-4.4%) Est. Cost $28.36 Unrealized —

PDP INVESCO EXCHANGE TRADED FD T 0.3%

Value $720K (+23.8%) Shares 4,746 (-1.5%) Est. Cost $120.73 Unrealized —

AAPL APPLE INC 0.4%

Value $1.112M (+11.2%) Shares 3,844 (-2.5%) Est. Cost $262.82 Unrealized —

NEM NEWMONT CORP 0.1%

Value $248K (-30.8%) Shares 2,655 (-19.9%) Est. Cost $118.12 Unrealized —

BMI BADGER METER INC 0.5%

Value $1.307M (-7.6%) Shares 8,809 (-5.1%) Est. Cost $161.78 Unrealized —

EOG EOG RES INC 0.3%

Value $751K (-11.8%) Shares 5,793 (-1.6%) Est. Cost $112.14 Unrealized —

EQX EQUINOX GOLD CORP 0.1%

Value $169K (-33.8%) Shares 17,414 (-1.5%) Est. Cost $15.52 Unrealized —

IMTM ISHARES TR 0.3%

Value $708K (+9.7%) Shares 13,280 (-1.2%) Est. Cost $48.02 Unrealized —

KIM KIMCO REALTY CORP 0.3%

Value $648K (+9.7%) Shares 25,546 (-2.7%) Est. Cost $20.06 Unrealized —

IFV FIRST TR EXCHANGE TRADED FD 0.5%

Value $1.261M (+4.7%) Shares 46,829 (-1.7%) Est. Cost $25.27 Unrealized —

APH AMPHENOL CORP 0.1%

Value $277K (+24.3%) Shares 1,570 (-10.9%) Est. Cost $146.40 Unrealized —

GPC GENUINE PARTS CO 0.2%

Value $557K (+9.0%) Shares 4,717 (-2.3%) Est. Cost $133.51 Unrealized —

SMH VANECK ETF TRUST 0.0%

Value $128K (+33.4%) Shares 195 (-22.0%) Est. Cost $383.40 Unrealized —

SO SOUTHERN CO 0.5%

Value $1.333M (-2.2%) Shares 13,929 (-1.4%) Est. Cost $89.54 Unrealized —

ITT ITT INC 0.1%

Value $213K (-7.4%) Shares 1,077 (-10.8%) Est. Cost $190.47 Unrealized —

OMC OMNICOM GROUP INC 0.1%

Value $240K (-6.2%) Shares 3,289 (-3.0%) Est. Cost $76.54 Unrealized —

HD HOME DEPOT INC 0.1%

Value $244K (-3.4%) Shares 692 (-9.9%) Est. Cost $376.98 Unrealized —

GOOG ALPHABET INC 0.1%

Value $132K (+6.2%) Shares 375 (-13.8%) Est. Cost $323.67 Unrealized —

GD GENERAL DYNAMICS CORP 0.1%

Value $213K (-2.3%) Shares 600 (-5.4%) Est. Cost $354.49 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OUNZ	VANECK MERK GOLD ETF	422,678 (-3.4%)	$16.31M (-17.2%)	6.4%	$44.72	—	GOLD SHS	921078101
CIBR	FIRST TR EXCHANGE-TRADED FD	123,750 (-4.1%)	$11.12M (+37.5%)	4.3%	$62.68	—	NASDAQ CYB ETF	33734X846
IWM	ISHARES TR	60,644 (-3.6%)	$18.22M (+16.8%)	7.1%	$247.41	—	RUSSELL 2000 ETF	464287655
SLV	ISHARES SILVER TR	100,226 (-6.4%)	$5.359M (-26.6%)	2.1%	$68.14	—	ISHARES	46428Q109
PDBC	INVESCO ACTVELY MNGD ETC FD	925,387 (-1.1%)	$14.7M (-9.3%)	5.7%	$17.21	—	OPTIMUM YIELD	46090F100
EWZ	ISHARES INC	204,148 (-3.5%)	$7.043M (-13.3%)	2.7%	$38.39	—	MSCI BRAZIL ETF	464286400
ILF	ISHARES TR	232,716 (-2.4%)	$7.854M (-7.3%)	3.1%	$35.22	—	LATN AMER 40 ETF	464287390
VIPS	VIPSHOP HLDGS LTD	106,668 (-5.2%)	$1.414M (-20.0%)	0.6%	$15.72	—	SPONSORED ADS A	92763W103
ALB	ALBEMARLE CORP	4,223 (-11.2%)	$570K (-33.2%)	0.2%	$171.25	—	COM	012653101
FV	FIRST TR EXCHANGE TRADED FD	19,019 (-1.1%)	$1.443M (+24.1%)	0.6%	$60.44	—	DORSEY WRT 5 ETF	33738R605
CNO	CNO FINL GROUP INC	39,132 (-7.6%)	$1.995M (+14.7%)	0.8%	$42.38	—	COM	12621E103
WT	WISDOMTREE INC	138,005 (-5.5%)	$2.338M (+9.9%)	0.9%	$15.53	—	COM	97717P104
JXN	JACKSON FINANCIAL INC	17,613 (-5.6%)	$1.803M (-8.5%)	0.7%	$114.95	—	COM CL A	46817M107
FRO	FRONTLINE PLC	85,457 (-4.4%)	$2.973M (-4.6%)	1.2%	$28.36	—	COM	M46528101
PDP	INVESCO EXCHANGE TRADED FD T	4,746 (-1.5%)	$720K (+23.8%)	0.3%	$120.73	—	DORS WRI MOM ETF	46137V837
AAPL	APPLE INC	3,844 (-2.5%)	$1.112M (+11.2%)	0.4%	$262.82	—	COM	037833100
NEM	NEWMONT CORP	2,655 (-19.9%)	$248K (-30.8%)	0.1%	$118.12	—	COM	651639106
BMI	BADGER METER INC	8,809 (-5.1%)	$1.307M (-7.6%)	0.5%	$161.78	—	COM	056525108
EOG	EOG RES INC	5,793 (-1.6%)	$751K (-11.8%)	0.3%	$112.14	—	COM	26875P101
EQX	EQUINOX GOLD CORP	17,414 (-1.5%)	$169K (-33.8%)	0.1%	$15.52	—	COM	29446Y502
IMTM	ISHARES TR	13,280 (-1.2%)	$708K (+9.7%)	0.3%	$48.02	—	MSCI INTL MOMENT	46434V449
KIM	KIMCO REALTY CORP	25,546 (-2.7%)	$648K (+9.7%)	0.3%	$20.06	—	COM	49446R109
IFV	FIRST TR EXCHANGE TRADED FD	46,829 (-1.7%)	$1.261M (+4.7%)	0.5%	$25.27	—	DORSEY WRIGHT	33738R886
APH	AMPHENOL CORP	1,570 (-10.9%)	$277K (+24.3%)	0.1%	$146.40	—	CL A	032095101
GPC	GENUINE PARTS CO	4,717 (-2.3%)	$557K (+9.0%)	0.2%	$133.51	—	COM	372460105
SMH	VANECK ETF TRUST	195 (-22.0%)	$128K (+33.4%)	0.0%	$383.40	—	SEMICONDUCTR ETF	92189F676
SO	SOUTHERN CO	13,929 (-1.4%)	$1.333M (-2.2%)	0.5%	$89.54	—	COM	842587107
ITT	ITT INC	1,077 (-10.8%)	$213K (-7.4%)	0.1%	$190.47	—	COM	45073V108
OMC	OMNICOM GROUP INC	3,289 (-3.0%)	$240K (-6.2%)	0.1%	$76.54	—	COM	681919106
HD	HOME DEPOT INC	692 (-9.9%)	$244K (-3.4%)	0.1%	$376.98	—	COM	437076102
GOOG	ALPHABET INC	375 (-13.8%)	$132K (+6.2%)	0.1%	$323.67	—	CAP STK CL C	02079K107
GD	GENERAL DYNAMICS CORP	600 (-5.4%)	$213K (-2.3%)	0.1%	$354.49	—	COM	369550108

Unchanged Positions (28)

SIVR ABRDN SILVER ETF TRUST 3.2%

Value $8.111M Shares 144,275 Est. Cost $70.77 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.2%

Value $627K Shares 5,378 Est. Cost $154.17 Unrealized —

FBTC FIDELITY WISE ORIGIN BITCOIN 0.2%

Value $456K Shares 8,927 Est. Cost $59.03 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value $480K Shares 1,708 Est. Cost $283.93 Unrealized —

RF REGIONS FINANCIAL CORP NEW 0.2%

Value $402K Shares 13,317 Est. Cost $28.99 Unrealized —

KO COCA COLA CO 0.3%

Value $821K Shares 10,108 Est. Cost $74.76 Unrealized —

TSLA TESLA INC 0.1%

Value $265K Shares 630 Est. Cost $425.98 Unrealized —

GLNG GOLAR LNG LTD 0.1%

Value $249K Shares 5,000 Est. Cost $41.32 Unrealized —

DAPP VANECK ETF TRUST 0.0%

Value $59,633 Shares 3,077 Est. Cost $15.59 Unrealized —

SOXX ISHARES TR 0.0%

Value $25,630 Shares 40 Est. Cost $328.65 Unrealized —

MPC MARATHON PETE CORP 0.1%

Value $260K Shares 1,017 Est. Cost $184.70 Unrealized —

DC DAKOTA GOLD CORP 0.0%

Value $53,570 Shares 12,575 Est. Cost $6.17 Unrealized —

HAFN HAFNIA LTD 0.0%

Value $66,400 Shares 10,000 Est. Cost $6.21 Unrealized —

NVGS NAVIGATOR HLDGS LTD 0.1%

Value $186K Shares 10,000 Est. Cost $18.59 Unrealized —

IJH ISHARES TR 0.0%

Value $36,550 Shares 474 Est. Cost $67.53 Unrealized —

IXC ISHARES TR 0.0%

Value $12,262 Shares 250 Est. Cost $57.51 Unrealized —

ROBT FIRST TR EXCHANGE TRADED FD 0.0%

Value $6,357 Shares 113 Est. Cost $46.16 Unrealized —

CNXT VANECK ETF TRUST 0.0%

Value $2,060 Shares 33 Est. Cost $45.45 Unrealized —

EFA ISHARES TR 0.0%

Value $6,648 Shares 64 Est. Cost $97.13 Unrealized —

SB SAFE BULKERS INC 0.0%

Value $126K Shares 20,000 Est. Cost $5.58 Unrealized —

SMOG VANECK ETF TRUST 0.0%

Value $7,597 Shares 52 Est. Cost $138.75 Unrealized —

FTXN FIRST TR EXCHANGE TRADED FD 0.0%

Value $2,415 Shares 72 Est. Cost $38.65 Unrealized —

EIS ISHARES INC 0.0%

Value $8,691 Shares 72 Est. Cost $116.04 Unrealized —

FXN FIRST TR EXCHANGE-TRADED FD 0.0%

Value $1,622 Shares 80 Est. Cost $22.45 Unrealized —

FXO FIRST TR EXCHANGE-TRADED FD 0.0%

Value $1,562 Shares 25 Est. Cost $56.20 Unrealized —

IEF ISHARES TR 0.0%

Value $8,133 Shares 86 Est. Cost $95.44 Unrealized —

VEGI ISHARES INC 0.0%

Value $1,757 Shares 40 Est. Cost $44.88 Unrealized —

TIP ISHARES TR 0.0%

Value $1,532 Shares 14 Est. Cost $110.36 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SIVR	ABRDN SILVER ETF TRUST	144,275	$8.111M	3.2%	$70.77	—	PHYSCL SILVR SHS	003264108
PLTR	PALANTIR TECHNOLOGIES INC	5,378	$627K	0.2%	$154.17	—	CL A	69608A108
FBTC	FIDELITY WISE ORIGIN BITCOIN	8,927	$456K	0.2%	$59.03	—	SHS	315948109
IBM	INTERNATIONAL BUSINESS MACHS	1,708	$480K	0.2%	$283.93	—	COM	459200101
RF	REGIONS FINANCIAL CORP NEW	13,317	$402K	0.2%	$28.99	—	COM	7591EP100
KO	COCA COLA CO	10,108	$821K	0.3%	$74.76	—	COM	191216100
TSLA	TESLA INC	630	$265K	0.1%	$425.98	—	COM	88160R101
GLNG	GOLAR LNG LTD	5,000	$249K	0.1%	$41.32	—	SHS	G9456A100
DAPP	VANECK ETF TRUST	3,077	$59,633	0.0%	$15.59	—	DIGI TRANSFRM	92189H821
SOXX	ISHARES TR	40	$25,630	0.0%	$328.65	—	ISHARES SEMICDTR	464287523
MPC	MARATHON PETE CORP	1,017	$260K	0.1%	$184.70	—	COM	56585A102
DC	DAKOTA GOLD CORP	12,575	$53,570	0.0%	$6.17	—	COM	46655E100
HAFN	HAFNIA LTD	10,000	$66,400	0.0%	$6.21	—	SHS	Y2990R101
NVGS	NAVIGATOR HLDGS LTD	10,000	$186K	0.1%	$18.59	—	SHS	Y62132108
IJH	ISHARES TR	474	$36,550	0.0%	$67.53	—	CORE S&P MCP ETF	464287507
IXC	ISHARES TR	250	$12,262	0.0%	$57.51	—	GLOBAL ENERG ETF	464287341
ROBT	FIRST TR EXCHANGE TRADED FD	113	$6,357	0.0%	$46.16	—	NASDQ ARTFCIAL	33738R720
CNXT	VANECK ETF TRUST	33	$2,060	0.0%	$45.45	—	CHINE INNOV ETF	92189F627
EFA	ISHARES TR	64	$6,648	0.0%	$97.13	—	MSCI EAFE ETF	464287465
SB	SAFE BULKERS INC	20,000	$126K	0.0%	$5.58	—	COM	Y7388L103
SMOG	VANECK ETF TRUST	52	$7,597	0.0%	$138.75	—	LOW CARBN ENERGY	92189F502
FTXN	FIRST TR EXCHANGE TRADED FD	72	$2,415	0.0%	$38.65	—	NASDQ OIL GAS	33738R845
EIS	ISHARES INC	72	$8,691	0.0%	$116.04	—	MSCI ISRAEL ETF	464286632
FXN	FIRST TR EXCHANGE-TRADED FD	80	$1,622	0.0%	$22.45	—	ENERGY ALPHADX	33734X127
FXO	FIRST TR EXCHANGE-TRADED FD	25	$1,562	0.0%	$56.20	—	FINLS ALPHADEX	33734X135
IEF	ISHARES TR	86	$8,133	0.0%	$95.44	—	7-10 YR TRSY BD	464287440
VEGI	ISHARES INC	40	$1,757	0.0%	$44.88	—	MSCI AGR PRO ETF	464286350
TIP	ISHARES TR	14	$1,532	0.0%	$110.36	—	TIPS BD ETF	464287176