Alpha Wealth Funds, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NUE	NUCOR CORP	5,007	$848	0.5%	$149.77	0.0%	COM	670346105
NKE	NIKE INC	7,032	$445	0.3%	$64.91	0.0%	CL B	654106103
OKTA	OKTA INC	5,000	$423	0.3%	$87.27	0.0%	CL A	679295105
NFLX	NETFLIX INC	4,197	$394	0.2%	$107.81	0.0%	COM	64110L106
PLTR	PALANTIR TECHNOLOGIES INC	2,066	$367	0.2%	$181.03	0.0%	CL A	69608A108
NSC	NORFOLK SOUTHN CORP	1,200	$345	0.2%	$288.62	0.0%	COM	655844108
FISV	FISERV INC	5,200	$341	0.2%	$83.87	0.0%	COM	337738108
DXCM	DEXCOM INC	5,000	$332	0.2%	$64.65	0.0%	COM	252131107
TMUS	T-MOBILE US INC	1,300	$259	0.2%	$211.32	0.0%	COM	872590104
ROP	ROPER TECHNOLOGIES INC	500	$217	0.1%	$462.16	0.0%	COM	776696106
—	SPDR GOLD TR	31	$213	0.1%	—	—	CALL	78463V907
BHVN	BIOHAVEN LTD	19,400	$210	0.1%	$12.39	0.0%	COM	G1110E107
—	NETFLIX INC	120	$200	0.1%	—	—	CALL	64110L906
LSCC	LATTICE SEMICONDUCTOR CORP	2,000	$157	0.1%	$78.65	—	COM	518415104
LAC	LITHIUM AMERS CORP NEW	15,696	$75	0.0%	$5.77	0.0%	COM SHS	53681J103

Increased Positions (13)

SGOV ISHARES TR 65.2%

Value ($000) $105,506 (+23.0%) Shares 1,051,068 (+23.4%) Est. Cost $100.47 Unrealized —

— SPDR S&P 500 ETF TR 7.7%

Value ($000) $12,405 (-14.6%) Shares 1,172 (+2.1%) Est. Cost — Unrealized —

LQD ISHARES TR 3.4%

Value ($000) $5,521 (+59.2%) Shares 50,107 (+61.1%) Est. Cost $108.63 Unrealized —

FSK FS KKR CAP CORP 1.5%

Value ($000) $2,464 (+194.5%) Shares 166,364 (+196.9%) Est. Cost $15.79 Unrealized -7.0%

BIZD VANECK ETF TRUST 1.5%

Value ($000) $2,497 (+140.7%) Shares 176,061 (+153.6%) Est. Cost $15.15 Unrealized —

AMAT APPLIED MATLS INC 0.7%

Value ($000) $1,207 (+46.1%) Shares 4,500 (+28.6%) Est. Cost $187.09 Unrealized +28.0%

SPY SPDR S&P 500 ETF TR 2.2%

Value ($000) $3,525 (+6.0%) Shares 5,169 (+3.6%) Est. Cost $589.64 Unrealized —

APPF APPFOLIO INC 0.6%

Value ($000) $921 (-13.3%) Shares 4,000 (+2.6%) Est. Cost $234.70 Unrealized +1.3%

MRVL MARVELL TECHNOLOGY INC 0.3%

Value ($000) $537 (+24.5%) Shares 6,000 (+20.0%) Est. Cost $75.82 Unrealized +15.4%

NBIS NEBIUS GROUP N.V. 0.2%

Value ($000) $251 (+11.8%) Shares 3,000 (+50.0%) Est. Cost $80.83 Unrealized +28.2%

XLY SELECT SECTOR SPDR TR 0.5%

Value ($000) $877 (-2.7%) Shares 7,341 (+95.3%) Est. Cost $173.13 Unrealized —

CLF CLEVELAND-CLIFFS INC NEW 0.1%

Value ($000) $138 (+12.5%) Shares 10,182 (+1.8%) Est. Cost $10.55 Unrealized +19.7%

XLK SELECT SECTOR SPDR TR 0.6%

Value ($000) $1,013 (+0.1%) Shares 7,036 (+96.0%) Est. Cost $189.15 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOV	ISHARES TR	1,051,068 (+23.4%)	$105,506 (+23.0%)	65.2%	$100.47	—	0-3 MNTH TREASRY	46436E718
—	SPDR S&P 500 ETF TR	1,172 (+2.1%)	$12,405 (-14.6%)	7.7%	—	—	CALL	78462F903
LQD	ISHARES TR	50,107 (+61.1%)	$5,521 (+59.2%)	3.4%	$108.63	—	IBOXX INV CP ETF	464287242
FSK	FS KKR CAP CORP	166,364 (+196.9%)	$2,464 (+194.5%)	1.5%	$15.79	-7.0%	COM	302635206
BIZD	VANECK ETF TRUST	176,061 (+153.6%)	$2,497 (+140.7%)	1.5%	$15.15	—	BDC INCOME ETF	92189F411
AMAT	APPLIED MATLS INC	4,500 (+28.6%)	$1,207 (+46.1%)	0.7%	$187.09	+28.0%	COM	038222105
SPY	SPDR S&P 500 ETF TR	5,169 (+3.6%)	$3,525 (+6.0%)	2.2%	$589.64	—	TR UNIT	78462F103
APPF	APPFOLIO INC	4,000 (+2.6%)	$921 (-13.3%)	0.6%	$234.70	+1.3%	COM CL A	03783C100
MRVL	MARVELL TECHNOLOGY INC	6,000 (+20.0%)	$537 (+24.5%)	0.3%	$75.82	+15.4%	COM	573874104
NBIS	NEBIUS GROUP N.V.	3,000 (+50.0%)	$251 (+11.8%)	0.2%	$80.83	+28.2%	SHS CLASS A	N97284108
XLY	SELECT SECTOR SPDR TR	7,341 (+95.3%)	$877 (-2.7%)	0.5%	$173.13	—	STATE STREET CON	81369Y407
CLF	CLEVELAND-CLIFFS INC NEW	10,182 (+1.8%)	$138 (+12.5%)	0.1%	$10.55	+19.7%	COM	185899101
XLK	SELECT SECTOR SPDR TR	7,036 (+96.0%)	$1,013 (+0.1%)	0.6%	$189.15	—	STATE STREET TEC	81369Y803

Exited Positions (13)

AXON AXON ENTERPRISE INC 0.7%

Value ($000) $1,146 Shares 1,640 Est. Cost $758.81 Unrealized -18.2%

AMD ADVANCED MICRO DEVICES INC 0.4%

Value ($000) $567 Shares 2,800 Est. Cost $108.87 Unrealized +106.3%

ZBRA ZEBTRA TECHNOLOGIES CORPORATI 0.3%

Value ($000) $423 Shares 1,300 Est. Cost $341.70 Unrealized -21.7%

AKAM AKAMAI TECHNOLOGIES INC 0.3%

Value ($000) $408 Shares 5,000 Est. Cost $77.08 Unrealized +6.7%

LRCX LAM RESEARCH CORP 0.2%

Value ($000) $250 Shares 2,000 Est. Cost $105.52 Unrealized +47.2%

DT DYNATRACE INC 0.1%

Value ($000) $236 Shares 5,000 Est. Cost $50.61 Unrealized -7.9%

KKR KKR & CO INC 0.1%

Value ($000) $210 Shares 1,700 Est. Cost $116.65 Unrealized +6.5%

CRWV COREWEAVE INC 0.1%

Value ($000) $205 Shares 1,500 Est. Cost $118.31 Unrealized -14.3%

EVGO EVGO INC 0.1%

Value ($000) $172 Shares 37,000 Est. Cost $3.88 Unrealized -6.2%

UA UNDER ARMOUR 0.1%

Value ($000) $111 Shares 25,000 Est. Cost $5.59 Unrealized -20.5%

POST POST HLDGS INC 0.1%

Value ($000) $101 Shares 1,000 Est. Cost $107.27 Unrealized -3.5%

WOOF PETCO HEALTH & WELLNESS CO I 0.1%

Value ($000) $95 Shares 25,000 Est. Cost $3.35 Unrealized -3.3%

— UK 17NOV25 11.5 C 0.0%

Value ($000) $1 Shares 100,096 Est. Cost $0.01 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AXON	AXON ENTERPRISE INC	1,640	$1,146	0.7%	$758.81	-18.2%	—	05464C101
AMD	ADVANCED MICRO DEVICES INC	2,800	$567	0.4%	$108.87	+106.3%	—	007903107
ZBRA	ZEBTRA TECHNOLOGIES CORPORATI	1,300	$423	0.3%	$341.70	-21.7%	—	989207105
AKAM	AKAMAI TECHNOLOGIES INC	5,000	$408	0.3%	$77.08	+6.7%	—	00971T101
LRCX	LAM RESEARCH CORP	2,000	$250	0.2%	$105.52	+47.2%	—	512807306
DT	DYNATRACE INC	5,000	$236	0.1%	$50.61	-7.9%	—	268150109
KKR	KKR & CO INC	1,700	$210	0.1%	$116.65	+6.5%	—	48251W104
CRWV	COREWEAVE INC	1,500	$205	0.1%	$118.31	-14.3%	—	21873S108
EVGO	EVGO INC	37,000	$172	0.1%	$3.88	-6.2%	—	30052F100
UA	UNDER ARMOUR	25,000	$111	0.1%	$5.59	-20.5%	—	904311206
POST	POST HLDGS INC	1,000	$101	0.1%	$107.27	-3.5%	—	737446104
WOOF	PETCO HEALTH & WELLNESS CO I	25,000	$95	0.1%	$3.35	-3.3%	—	71601V105
—	UK 17NOV25 11.5 C	100,096	$1	0.0%	$0.01	—	—	G9449A118

Decreased Positions (7)

LLY ELI LILLY & CO 0.3%

Value ($000) $431 (-51.2%) Shares 400 (-66.7%) Est. Cost $742.24 Unrealized +28.7%

AMZN AMAZON COM INC 0.2%

Value ($000) $246 (-52.7%) Shares 1,067 (-55.8%) Est. Cost $200.45 Unrealized +14.1%

XBI SPDR SERIES TRUST 0.4%

Value ($000) $719 (+17.3%) Shares 5,893 (-3.6%) Est. Cost $90.06 Unrealized —

XLV SELECT SECTOR SPDR TR 0.3%

Value ($000) $529 (+8.6%) Shares 3,418 (-2.4%) Est. Cost $137.57 Unrealized —

IXUS ISHARES TR 0.8%

Value ($000) $1,351 (+1.3%) Shares 15,957 (-1.2%) Est. Cost $66.14 Unrealized —

BOTZ GLOBAL X FDS 0.4%

Value ($000) $593 (-0.4%) Shares 16,376 (-2.6%) Est. Cost $31.95 Unrealized —

GLD SPDR GOLD TR 0.3%

Value ($000) $533 (-0.0%) Shares 1,345 (-10.3%) Est. Cost $244.01 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	400 (-66.7%)	$431 (-51.2%)	0.3%	$742.24	+28.7%	COM	532457108
AMZN	AMAZON COM INC	1,067 (-55.8%)	$246 (-52.7%)	0.2%	$200.45	+14.1%	COM	023135106
XBI	SPDR SERIES TRUST	5,893 (-3.6%)	$719 (+17.3%)	0.4%	$90.06	—	STATE STREET SPD	78464A870
XLV	SELECT SECTOR SPDR TR	3,418 (-2.4%)	$529 (+8.6%)	0.3%	$137.57	—	STATE STREET HEA	81369Y209
IXUS	ISHARES TR	15,957 (-1.2%)	$1,351 (+1.3%)	0.8%	$66.14	—	CORE MSCI TOTAL	46432F834
BOTZ	GLOBAL X FDS	16,376 (-2.6%)	$593 (-0.4%)	0.4%	$31.95	—	RBTCS ARTFL INTE	37954Y715
GLD	SPDR GOLD TR	1,345 (-10.3%)	$533 (-0.0%)	0.3%	$244.01	—	GOLD SHS	78463V107

Unchanged Positions (16)

GOOG ALPHABET INC 3.1%

Value ($000) $5,046 Shares 16,010 Est. Cost $173.30 Unrealized +65.2%

FLNC FLUENCE ENERGY INC 0.2%

Value ($000) $300 Shares 13,000 Est. Cost $7.17 Unrealized +162.9%

ROK ROCKWELL AUTOMATION INC 0.8%

Value ($000) $1,229 Shares 3,083 Est. Cost $282.18 Unrealized +33.0%

CAT CATERPILLAR INC 0.4%

Value ($000) $573 Shares 1,000 Est. Cost $425.39 Unrealized +30.6%

AMGN AMGEN INC 0.4%

Value ($000) $656 Shares 2,005 Est. Cost $286.05 Unrealized +10.5%

MRVI MARAVAI LIFESCIENCES HLDGS I 0.2%

Value ($000) $245 Shares 72,000 Est. Cost $6.36 Unrealized -47.1%

ET ENERGY TRANSFER L P 0.9%

Value ($000) $1,482 Shares 89,500 Est. Cost $19.57 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.2%

Value ($000) $337 Shares 1,000 Est. Cost $298.94 Unrealized +12.8%

BSM BLACK STONE MINERALS L P 0.1%

Value ($000) $219 Shares 16,200 Est. Cost $13.62 Unrealized —

MDY SPDR S&P MIDCAP 400 ETF TR 1.1%

Value ($000) $1,829 Shares 3,031 Est. Cost $569.58 Unrealized —

BHC BAUSCH HEALTH COS INC 0.0%

Value ($000) $72 Shares 10,000 Est. Cost $5.14 Unrealized +28.0%

VTI VANGUARD INDEX FDS 0.3%

Value ($000) $558 Shares 3,418 Est. Cost $148.00 Unrealized —

ACHR ARCHER AVIATION INC 0.1%

Value ($000) $81 Shares 10,000 Est. Cost $9.90 Unrealized -4.9%

INTC INTEL CORP 0.4%

Value ($000) $593 Shares 15,000 Est. Cost $24.23 Unrealized +55.9%

NVDA NVIDIA CORPORATION 0.5%

Value ($000) $852 Shares 4,569 Est. Cost $137.64 Unrealized +35.2%

IJR ISHARES TR 1.0%

Value ($000) $1,580 Shares 13,143 Est. Cost $115.22 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	16,010	$5,046	3.1%	$173.30	+65.2%	CAP STK CL C	02079K107
FLNC	FLUENCE ENERGY INC	13,000	$300	0.2%	$7.17	+162.9%	COM CL A	34379V103
ROK	ROCKWELL AUTOMATION INC	3,083	$1,229	0.8%	$282.18	+33.0%	COM	773903109
CAT	CATERPILLAR INC	1,000	$573	0.4%	$425.39	+30.6%	COM	149123101
AMGN	AMGEN INC	2,005	$656	0.4%	$286.05	+10.5%	COM	031162100
MRVI	MARAVAI LIFESCIENCES HLDGS I	72,000	$245	0.2%	$6.36	-47.1%	COM CL A	56600D107
ET	ENERGY TRANSFER L P	89,500	$1,482	0.9%	$19.57	—	COM UT LTD PTN	29273V100
UNH	UNITEDHEALTH GROUP INC	1,000	$337	0.2%	$298.94	+12.8%	COM	91324P102
BSM	BLACK STONE MINERALS L P	16,200	$219	0.1%	$13.62	—	COM UNIT	09225M101
MDY	SPDR S&P MIDCAP 400 ETF TR	3,031	$1,829	1.1%	$569.58	—	UTSER1 S&PDCRP	78467Y107
BHC	BAUSCH HEALTH COS INC	10,000	$72	0.0%	$5.14	+28.0%	COM	071734107
VTI	VANGUARD INDEX FDS	3,418	$558	0.3%	$148.00	—	TOTAL STK MKT	922908769
ACHR	ARCHER AVIATION INC	10,000	$81	0.1%	$9.90	-4.9%	COM CL A	03945R102
INTC	INTEL CORP	15,000	$593	0.4%	$24.23	+55.9%	COM	458140100
NVDA	NVIDIA CORPORATION	4,569	$852	0.5%	$137.64	+35.2%	COM	67066G104
IJR	ISHARES TR	13,143	$1,580	1.0%	$115.22	—	CORE S&P SCP ETF	464287804