Tandem Financial, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CXW	CORECIVIC INC	61,523	$1,338	1.6%	$18.32	0.0%	COM	21871N101
URA	GLOBAL X FDS	47,373	$1,304	1.6%	$27.52	—	GLOBAL X URANIUM	37954Y871
HP	HELMERICH & PAYNE INC	12,897	$413	0.5%	$26.56	0.0%	COM	423452101
INCY	INCYTE CORP	5,078	$351	0.4%	$96.76	0.0%	COM	45337C102
XOM	EXXON MOBIL CORP	3,100	$333	0.4%	$112.26	+2.9%	CALL	30231G102
XLE	SELECT SECTOR SPDR TR	3,200	$274	0.3%	—	—	CALL	81369Y506
SKM	SK TELECOM CO LTD	9,712	$204	0.2%	$21.04	—	SPONSORED ADR	78440P306

Increased Positions (16)

GDX VANECK ETF TRUST 9.1%

Value ($000) $7,569 (-47.5%) Shares 223,196 (+18.2%) Est. Cost $35.31 Unrealized —

KNG FIRST TR EXCHANGE-TRADED FD 8.0%

Value ($000) $6,670 (+129.9%) Shares 132,836 (+125.8%) Est. Cost $50.21 Unrealized —

IWD ISHARES TR 8.2%

Value ($000) $6,817 (+66.9%) Shares 36,825 (+83.6%) Est. Cost $185.16 Unrealized —

IWF ISHARES TR 8.9%

Value ($000) $7,465 (+57.7%) Shares 18,588 (+84.0%) Est. Cost $401.18 Unrealized —

VBK VANGUARD INDEX FDS 4.3%

Value ($000) $3,604 (+284.4%) Shares 12,867 (+309.1%) Est. Cost $280.06 Unrealized —

MP MP MATERIALS CORP 0.8%

Value ($000) $689 (-76.3%) Shares 44,174 (+1.9%) Est. Cost $19.39 Unrealized +227.0%

VGLT VANGUARD SCOTTSDALE FDS 10.2%

Value ($000) $8,492 (+18.0%) Shares 153,416 (+21.2%) Est. Cost $55.35 Unrealized —

GLD SPDR GOLD TR 3.0%

Value ($000) $2,486 (-28.5%) Shares 10,267 (+5.0%) Est. Cost $248.43 Unrealized —

ITA ISHARES TR 2.6%

Value ($000) $2,138 (-23.1%) Shares 14,712 (+10.7%) Est. Cost $145.35 Unrealized —

MO ALTRIA GROUP INC 0.8%

Value ($000) $687 (+79.2%) Shares 12,884 (+125.7%) Est. Cost $54.69 Unrealized +8.5%

CARR CARRIER GLOBAL CORPORATION 1.0%

Value ($000) $839 (+34.6%) Shares 12,253 (+17.3%) Est. Cost $71.60 Unrealized -22.5%

NVDA NVIDIA CORPORATION 0.7%

Value ($000) $595 (-26.3%) Shares 4,433 (+2.4%) Est. Cost $138.94 Unrealized +34.0%

ORCL ORACLE CORP 0.5%

Value ($000) $414 (-33.5%) Shares 2,482 (+12.3%) Est. Cost $182.66 Unrealized +30.3%

PM PHILIP MORRIS INTL INC 2.6%

Value ($000) $2,171 (-6.0%) Shares 17,838 (+25.3%) Est. Cost $127.25 Unrealized +20.7%

TLT ISHARES TR 0.3%

Value ($000) $274 (+26.3%) Shares 3,139 (+29.2%) Est. Cost $87.33 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.3%

Value ($000) $256 (+17.8%) Shares 2,177 (+38.2%) Est. Cost $125.47 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GDX	VANECK ETF TRUST	223,196 (+18.2%)	$7,569 (-47.5%)	9.1%	$35.31	—	GOLD MINERS ETF	92189F106
KNG	FIRST TR EXCHANGE-TRADED FD	132,836 (+125.8%)	$6,670 (+129.9%)	8.0%	$50.21	—	FT VEST S&P 500	33739Q705
IWD	ISHARES TR	36,825 (+83.6%)	$6,817 (+66.9%)	8.2%	$185.16	—	RUS 1000 VAL ETF	464287598
IWF	ISHARES TR	18,588 (+84.0%)	$7,465 (+57.7%)	8.9%	$401.18	—	RUS 1000 GRW ETF	464287614
VBK	VANGUARD INDEX FDS	12,867 (+309.1%)	$3,604 (+284.4%)	4.3%	$280.06	—	SML CP GRW ETF	922908595
MP	MP MATERIALS CORP	44,174 (+1.9%)	$689 (-76.3%)	0.8%	$19.39	+227.0%	COM CL A	553368101
VGLT	VANGUARD SCOTTSDALE FDS	153,416 (+21.2%)	$8,492 (+18.0%)	10.2%	$55.35	—	LONG TERM TREAS	92206C847
GLD	SPDR GOLD TR	10,267 (+5.0%)	$2,486 (-28.5%)	3.0%	$248.43	—	GOLD SHS	78463V107
ITA	ISHARES TR	14,712 (+10.7%)	$2,138 (-23.1%)	2.6%	$145.35	—	US AER DEF ETF	464288760
MO	ALTRIA GROUP INC	12,884 (+125.7%)	$687 (+79.2%)	0.8%	$54.69	+8.5%	COM	02209S103
CARR	CARRIER GLOBAL CORPORATION	12,253 (+17.3%)	$839 (+34.6%)	1.0%	$71.60	-22.5%	COM	14448C104
NVDA	NVIDIA CORPORATION	4,433 (+2.4%)	$595 (-26.3%)	0.7%	$138.94	+34.0%	COM	67066G104
ORCL	ORACLE CORP	2,482 (+12.3%)	$414 (-33.5%)	0.5%	$182.66	+30.3%	COM	68389X105
PM	PHILIP MORRIS INTL INC	17,838 (+25.3%)	$2,171 (-6.0%)	2.6%	$127.25	+20.7%	COM	718172109
TLT	ISHARES TR	3,139 (+29.2%)	$274 (+26.3%)	0.3%	$87.33	—	20 YR TR BD ETF	464287432
VT	VANGUARD INTL EQUITY INDEX F	2,177 (+38.2%)	$256 (+17.8%)	0.3%	$125.47	—	TT WRLD ST ETF	922042742

Exited Positions (47)

BIV VANGUARD BD INDEX FDS 25.7%

Value ($000) $21,405 Shares 274,110 Est. Cost $78.09 Unrealized —

FNDE SCHWAB STRATEGIC TR 12.2%

Value ($000) $10,178 Shares 281,461 Est. Cost $33.30 Unrealized —

QQQ INVESCO QQQ TR 11.8%

Value ($000) $9,811 Shares 16,329 Est. Cost $548.00 Unrealized —

JQUA J P MORGAN EXCHANGE TRADED F 8.8%

Value ($000) $7,357 Shares 116,943 Est. Cost $62.91 Unrealized —

AAAU GOLDMAN SACHS PHYSICAL GOLD 7.5%

Value ($000) $6,224 Shares 163,270 Est. Cost $38.12 Unrealized —

ILCV ISHARES TR 7.1%

Value ($000) $5,909 Shares 65,638 Est. Cost $90.02 Unrealized —

CLOI VANECK ETF TRUST 7.0%

Value ($000) $5,823 Shares 109,657 Est. Cost $53.10 Unrealized —

JBND J P MORGAN EXCHANGE TRADED F 6.8%

Value ($000) $5,680 Shares 104,880 Est. Cost $54.16 Unrealized —

BNDX VANGUARD CHARLOTTE FDS 6.0%

Value ($000) $4,993 Shares 100,946 Est. Cost $49.46 Unrealized —

PWR QUANTA SVCS INC 5.5%

Value ($000) $4,606 Shares 11,115 Est. Cost $321.23 Unrealized +36.7%

IUS INVESCO EXCH TRD SLF IDX FD 4.9%

Value ($000) $4,119 Shares 74,597 Est. Cost $51.92 Unrealized —

DFAU DIMENSIONAL ETF TRUST 4.4%

Value ($000) $3,681 Shares 80,439 Est. Cost $45.76 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 3.2%

Value ($000) $2,655 Shares 44,312 Est. Cost $59.92 Unrealized —

DFAC DIMENSIONAL ETF TRUST 3.0%

Value ($000) $2,461 Shares 63,795 Est. Cost $38.57 Unrealized —

DFIC DIMENSIONAL ETF TRUST 2.8%

Value ($000) $2,310 Shares 70,458 Est. Cost $32.79 Unrealized —

DFAE DIMENSIONAL ETF TRUST 2.2%

Value ($000) $1,844 Shares 58,485 Est. Cost $31.53 Unrealized —

GPIQ GOLDMAN SACHS ETF TR 1.5%

Value ($000) $1,229 Shares 23,431 Est. Cost $51.79 Unrealized —

DUHP DIMENSIONAL ETF TRUST 1.4%

Value ($000) $1,194 Shares 31,614 Est. Cost $37.77 Unrealized —

DFGP DIMENSIONAL ETF TRUST 1.3%

Value ($000) $1,112 Shares 20,009 Est. Cost $55.57 Unrealized —

SPAB SPDR SERIES TRUST 1.3%

Value ($000) $1,071 Shares 41,431 Est. Cost $25.85 Unrealized —

VUG VANGUARD INDEX FDS 1.3%

Value ($000) $1,045 Shares 2,177 Est. Cost $480.21 Unrealized —

GPIX GOLDMAN SACHS ETF TR 1.1%

Value ($000) $943 Shares 18,060 Est. Cost $52.23 Unrealized —

IEF ISHARES TR 1.1%

Value ($000) $933 Shares 9,671 Est. Cost $96.46 Unrealized —

SCHD SCHWAB STRATEGIC TR 1.1%

Value ($000) $913 Shares 33,435 Est. Cost $27.30 Unrealized —

DFIV DIMENSIONAL ETF TRUST 1.0%

Value ($000) $793 Shares 17,194 Est. Cost $46.12 Unrealized —

XLK SELECT SECTOR SPDR TR 0.9%

Value ($000) $732 Shares 2,596 Est. Cost $281.89 Unrealized —

DFEV DIMENSIONAL ETF TRUST 0.8%

Value ($000) $651 Shares 20,419 Est. Cost $31.89 Unrealized —

VCLT VANGUARD SCOTTSDALE FDS 0.8%

Value ($000) $648 Shares 8,342 Est. Cost $77.65 Unrealized —

GRNY TIDAL TRUST I 0.7%

Value ($000) $596 Shares 23,851 Est. Cost $24.99 Unrealized —

MLPX GLOBAL X FDS 0.7%

Value ($000) $588 Shares 9,371 Est. Cost $62.67 Unrealized —

DFSV DIMENSIONAL ETF TRUST 0.6%

Value ($000) $521 Shares 16,358 Est. Cost $31.84 Unrealized —

JMUB J P MORGAN EXCHANGE TRADED F 0.6%

Value ($000) $506 Shares 10,016 Est. Cost $50.47 Unrealized —

VTV VANGUARD INDEX FDS 0.6%

Value ($000) $504 Shares 2,686 Est. Cost $187.45 Unrealized —

VTEB VANGUARD MUN BD FDS 0.5%

Value ($000) $439 Shares 8,764 Est. Cost $50.07 Unrealized —

DGRO ISHARES TR 0.4%

Value ($000) $364 Shares 5,345 Est. Cost $68.08 Unrealized —

SPY SPDR S&P 500 ETF TR 0.4%

Value ($000) $333 Shares 500 Est. Cost $607.66 Unrealized —

IJR ISHARES TR 0.4%

Value ($000) $328 Shares 2,759 Est. Cost $118.84 Unrealized —

SCHV SCHWAB STRATEGIC TR 0.4%

Value ($000) $326 Shares 11,213 Est. Cost $29.11 Unrealized —

VONE VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $322 Shares 1,064 Est. Cost $302.35 Unrealized —

PZA INVESCO EXCH TRADED FD TR II 0.3%

Value ($000) $276 Shares 11,967 Est. Cost $23.09 Unrealized —

VBR VANGUARD INDEX FDS 0.3%

Value ($000) $253 Shares 1,205 Est. Cost $209.64 Unrealized —

KKR KKR & CO INC 0.3%

Value ($000) $234 Shares 1,801 Est. Cost $141.65 Unrealized -12.3%

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $219 Shares 1,179 Est. Cost $169.51 Unrealized +16.2%

MLN VANECK ETF TRUST 0.3%

Value ($000) $216 Shares 12,371 Est. Cost $17.48 Unrealized —

WMT WALMART INC 0.3%

Value ($000) $215 Shares 2,083 Est. Cost $94.76 Unrealized +13.1%

MDST ULTIMUS MANAGERS TR 0.2%

Value ($000) $204 Shares 7,623 Est. Cost $26.71 Unrealized —

AVGO BROADCOM INC 0.2%

Value ($000) $201 Shares 608 Est. Cost $305.74 Unrealized +16.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIV	VANGUARD BD INDEX FDS	274,110	$21,405	25.7%	$78.09	—	—	921937819
FNDE	SCHWAB STRATEGIC TR	281,461	$10,178	12.2%	$33.30	—	—	808524730
QQQ	INVESCO QQQ TR	16,329	$9,811	11.8%	$548.00	—	—	46090E103
JQUA	J P MORGAN EXCHANGE TRADED F	116,943	$7,357	8.8%	$62.91	—	—	46641Q761
AAAU	GOLDMAN SACHS PHYSICAL GOLD	163,270	$6,224	7.5%	$38.12	—	—	38150K103
ILCV	ISHARES TR	65,638	$5,909	7.1%	$90.02	—	—	464288109
CLOI	VANECK ETF TRUST	109,657	$5,823	7.0%	$53.10	—	—	92189H748
JBND	J P MORGAN EXCHANGE TRADED F	104,880	$5,680	6.8%	$54.16	—	—	46654Q716
BNDX	VANGUARD CHARLOTTE FDS	100,946	$4,993	6.0%	$49.46	—	—	92203J407
PWR	QUANTA SVCS INC	11,115	$4,606	5.5%	$321.23	+36.7%	—	74762E102
IUS	INVESCO EXCH TRD SLF IDX FD	74,597	$4,119	4.9%	$51.92	—	—	46138J742
DFAU	DIMENSIONAL ETF TRUST	80,439	$3,681	4.4%	$45.76	—	—	25434V104
VEA	VANGUARD TAX-MANAGED FDS	44,312	$2,655	3.2%	$59.92	—	—	921943858
DFAC	DIMENSIONAL ETF TRUST	63,795	$2,461	3.0%	$38.57	—	—	25434V708
DFIC	DIMENSIONAL ETF TRUST	70,458	$2,310	2.8%	$32.79	—	—	25434V799
DFAE	DIMENSIONAL ETF TRUST	58,485	$1,844	2.2%	$31.53	—	—	25434V302
GPIQ	GOLDMAN SACHS ETF TR	23,431	$1,229	1.5%	$51.79	—	—	38149W630
DUHP	DIMENSIONAL ETF TRUST	31,614	$1,194	1.4%	$37.77	—	—	25434V831
DFGP	DIMENSIONAL ETF TRUST	20,009	$1,112	1.3%	$55.57	—	—	25434V583
SPAB	SPDR SERIES TRUST	41,431	$1,071	1.3%	$25.85	—	—	78464A649
VUG	VANGUARD INDEX FDS	2,177	$1,045	1.3%	$480.21	—	—	922908736
GPIX	GOLDMAN SACHS ETF TR	18,060	$943	1.1%	$52.23	—	—	38149W622
IEF	ISHARES TR	9,671	$933	1.1%	$96.46	—	—	464287440
SCHD	SCHWAB STRATEGIC TR	33,435	$913	1.1%	$27.30	—	—	808524797
DFIV	DIMENSIONAL ETF TRUST	17,194	$793	1.0%	$46.12	—	—	25434V807
XLK	SELECT SECTOR SPDR TR	2,596	$732	0.9%	$281.89	—	—	81369Y803
DFEV	DIMENSIONAL ETF TRUST	20,419	$651	0.8%	$31.89	—	—	25434V740
VCLT	VANGUARD SCOTTSDALE FDS	8,342	$648	0.8%	$77.65	—	—	92206C813
GRNY	TIDAL TRUST I	23,851	$596	0.7%	$24.99	—	—	886364231
MLPX	GLOBAL X FDS	9,371	$588	0.7%	$62.67	—	—	37954Y293
DFSV	DIMENSIONAL ETF TRUST	16,358	$521	0.6%	$31.84	—	—	25434V815
JMUB	J P MORGAN EXCHANGE TRADED F	10,016	$506	0.6%	$50.47	—	—	46641Q647
VTV	VANGUARD INDEX FDS	2,686	$504	0.6%	$187.45	—	—	922908744
VTEB	VANGUARD MUN BD FDS	8,764	$439	0.5%	$50.07	—	—	922907746
DGRO	ISHARES TR	5,345	$364	0.4%	$68.08	—	—	46434V621
SPY	SPDR S&P 500 ETF TR	500	$333	0.4%	$607.66	—	PUT	78462F103
IJR	ISHARES TR	2,759	$328	0.4%	$118.84	—	—	464287804
SCHV	SCHWAB STRATEGIC TR	11,213	$326	0.4%	$29.11	—	—	808524409
VONE	VANGUARD SCOTTSDALE FDS	1,064	$322	0.4%	$302.35	—	—	92206C730
PZA	INVESCO EXCH TRADED FD TR II	11,967	$276	0.3%	$23.09	—	—	46138E537
VBR	VANGUARD INDEX FDS	1,205	$253	0.3%	$209.64	—	—	922908611
KKR	KKR & CO INC	1,801	$234	0.3%	$141.65	-12.3%	—	48251W104
JNJ	JOHNSON & JOHNSON	1,179	$219	0.3%	$169.51	+16.2%	—	478160104
MLN	VANECK ETF TRUST	12,371	$216	0.3%	$17.48	—	—	92189F536
WMT	WALMART INC	2,083	$215	0.3%	$94.76	+13.1%	—	931142103
MDST	ULTIMUS MANAGERS TR	7,623	$204	0.2%	$26.71	—	—	90386K589
AVGO	BROADCOM INC	608	$201	0.2%	$305.74	+16.8%	—	11135F101

Decreased Positions (25)

IVV ISHARES TR 0.3%

Value ($000) $220 (-99.6%) Shares 374 (-99.5%) Est. Cost $668.86 Unrealized —

SPY SPDR S&P 500 ETF TR 5.6%

Value ($000) $4,689 (-56.9%) Shares 7,975 (-51.0%) Est. Cost $607.66 Unrealized —

IMCG ISHARES TR 5.9%

Value ($000) $4,940 (-36.6%) Shares 65,401 (-30.6%) Est. Cost $77.01 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.6%

Value ($000) $532 (-84.0%) Shares 12,085 (-80.4%) Est. Cost $54.18 Unrealized —

XSW SPDR SERIES TRUST 1.2%

Value ($000) $1,003 (-72.3%) Shares 5,309 (-71.0%) Est. Cost $189.76 Unrealized —

IWM ISHARES TR 1.2%

Value ($000) $1,018 (-70.2%) Shares 4,608 (-67.4%) Est. Cost $220.47 Unrealized —

URNM SPROTT FDS TR 1.7%

Value ($000) $1,417 (-37.8%) Shares 35,147 (-6.7%) Est. Cost $41.10 Unrealized —

FLXR TCW ETF TRUST 1.9%

Value ($000) $1,595 (-30.4%) Shares 41,234 (-28.3%) Est. Cost $38.92 Unrealized —

NEM NEWMONT CORP 0.3%

Value ($000) $228 (-74.2%) Shares 6,139 (-41.6%) Est. Cost $46.09 Unrealized +95.7%

CVX CHEVRON CORP NEW 0.2%

Value ($000) $204 (-64.2%) Shares 1,411 (-61.6%) Est. Cost $149.67 Unrealized +1.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $216 (-62.2%) Shares 476 (-58.1%) Est. Cost $474.88 Unrealized +4.8%

AMLP ALPS ETF TR 0.8%

Value ($000) $644 (-33.3%) Shares 13,363 (-35.0%) Est. Cost $49.06 Unrealized —

GOOGL ALPHABET INC 0.9%

Value ($000) $752 (-25.5%) Shares 3,975 (-4.4%) Est. Cost $181.64 Unrealized +57.2%

PFXF VANECK ETF TRUST 0.7%

Value ($000) $559 (-26.6%) Shares 32,423 (-24.4%) Est. Cost $17.13 Unrealized —

GOOG ALPHABET INC 0.7%

Value ($000) $603 (-23.9%) Shares 3,167 (-2.7%) Est. Cost $176.60 Unrealized +62.1%

RIO RIO TINTO PLC 0.3%

Value ($000) $267 (-35.5%) Shares 4,542 (-27.6%) Est. Cost $59.42 Unrealized —

JEPI J P MORGAN EXCHANGE TRADED F 0.9%

Value ($000) $757 (-16.1%) Shares 13,064 (-17.3%) Est. Cost $57.69 Unrealized —

— NUVEEN MUN VALUE FD INC 1.3%

Value ($000) $1,100 (-10.9%) Shares 128,097 (-6.5%) Est. Cost $8.61 Unrealized —

EMLP FIRST TR EXCHANGE-TRADED FD 1.1%

Value ($000) $910 (-11.9%) Shares 25,538 (-5.4%) Est. Cost $35.75 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 0.4%

Value ($000) $327 (-26.5%) Shares 17,254 (-18.9%) Est. Cost $19.44 Unrealized —

AAPL APPLE INC 2.6%

Value ($000) $2,156 (-5.0%) Shares 8,608 (-3.4%) Est. Cost $230.46 Unrealized +16.4%

JEPQ J P MORGAN EXCHANGE TRADED F 0.9%

Value ($000) $729 (-10.9%) Shares 12,821 (-9.9%) Est. Cost $55.69 Unrealized —

AMZN AMAZON COM INC 0.5%

Value ($000) $409 (-12.6%) Shares 1,864 (-12.6%) Est. Cost $207.44 Unrealized +10.3%

COST COSTCO WHSL CORP NEW 0.2%

Value ($000) $202 (-15.3%) Shares 220 (-14.4%) Est. Cost $927.81 Unrealized -2.4%

XOM EXXON MOBIL CORP 0.5%

Value ($000) $422 (-6.2%) Shares 3,923 (-1.7%) Est. Cost $112.26 Unrealized +2.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	374 (-99.5%)	$220 (-99.6%)	0.3%	$668.86	—	CORE S&P500 ETF	464287200
SPY	SPDR S&P 500 ETF TR	7,975 (-51.0%)	$4,689 (-56.9%)	5.6%	$607.66	—	TR UNIT	78462F103
IMCG	ISHARES TR	65,401 (-30.6%)	$4,940 (-36.6%)	5.9%	$77.01	—	MRGSTR MD CP GRW	464288307
VWO	VANGUARD INTL EQUITY INDEX F	12,085 (-80.4%)	$532 (-84.0%)	0.6%	$54.18	—	FTSE EMR MKT ETF	922042858
XSW	SPDR SERIES TRUST	5,309 (-71.0%)	$1,003 (-72.3%)	1.2%	$189.76	—	STATE STREET SPD	78464A599
IWM	ISHARES TR	4,608 (-67.4%)	$1,018 (-70.2%)	1.2%	$220.47	—	RUSSELL 2000 ETF	464287655
URNM	SPROTT FDS TR	35,147 (-6.7%)	$1,417 (-37.8%)	1.7%	$41.10	—	URANIUM MINERS E	85208P303
FLXR	TCW ETF TRUST	41,234 (-28.3%)	$1,595 (-30.4%)	1.9%	$38.92	—	FLEXIBLE INCOME	29287L700
NEM	NEWMONT CORP	6,139 (-41.6%)	$228 (-74.2%)	0.3%	$46.09	+95.7%	COM	651639106
CVX	CHEVRON CORP NEW	1,411 (-61.6%)	$204 (-64.2%)	0.2%	$149.67	+1.2%	COM	166764100
BRK/B	BERKSHIRE HATHAWAY INC DEL	476 (-58.1%)	$216 (-62.2%)	0.3%	$474.88	+4.8%	CL B NEW	084670702
AMLP	ALPS ETF TR	13,363 (-35.0%)	$644 (-33.3%)	0.8%	$49.06	—	ALERIAN MLP	00162Q452
GOOGL	ALPHABET INC	3,975 (-4.4%)	$752 (-25.5%)	0.9%	$181.64	+57.2%	CAP STK CL A	02079K305
PFXF	VANECK ETF TRUST	32,423 (-24.4%)	$559 (-26.6%)	0.7%	$17.13	—	PREFERRED SECURT	92189F429
GOOG	ALPHABET INC	3,167 (-2.7%)	$603 (-23.9%)	0.7%	$176.60	+62.1%	CAP STK CL C	02079K107
RIO	RIO TINTO PLC	4,542 (-27.6%)	$267 (-35.5%)	0.3%	$59.42	—	SPONSORED ADR	767204100
JEPI	J P MORGAN EXCHANGE TRADED F	13,064 (-17.3%)	$757 (-16.1%)	0.9%	$57.69	—	EQUITY PREMIUM	46641Q332
—	NUVEEN MUN VALUE FD INC	128,097 (-6.5%)	$1,100 (-10.9%)	1.3%	$8.61	—	COM	670928100
EMLP	FIRST TR EXCHANGE-TRADED FD	25,538 (-5.4%)	$910 (-11.9%)	1.1%	$35.75	—	NO AMER ENERGY	33738D101
NLY	ANNALY CAPITAL MANAGEMENT IN	17,254 (-18.9%)	$327 (-26.5%)	0.4%	$19.44	—	COM NEW	035710839
AAPL	APPLE INC	8,608 (-3.4%)	$2,156 (-5.0%)	2.6%	$230.46	+16.4%	COM	037833100
JEPQ	J P MORGAN EXCHANGE TRADED F	12,821 (-9.9%)	$729 (-10.9%)	0.9%	$55.69	—	NASDAQ EQT PREM	46654Q203
AMZN	AMAZON COM INC	1,864 (-12.6%)	$409 (-12.6%)	0.5%	$207.44	+10.3%	COM	023135106
COST	COSTCO WHSL CORP NEW	220 (-14.4%)	$202 (-15.3%)	0.2%	$927.81	-2.4%	COM	22160K105
XOM	EXXON MOBIL CORP	3,923 (-1.7%)	$422 (-6.2%)	0.5%	$112.26	+2.9%	COM	30231G102

Unchanged Positions (1)

MSFT MICROSOFT CORP 2.5%

Value ($000) $2,123 Shares 5,037 Est. Cost $425.88 Unrealized +17.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	5,037	$2,123	2.5%	$425.88	+17.5%	COM	594918104