SSA SWISS ADVISORS AG Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
B	BARRICK MINING CORPORATION	154,200	$6,964	3.2%	$37.42	0.0%	Stocks	06849F108
—	BNP PARIBAS SA	3,403,000	$3,273	1.5%	$0.96	—	Structured Products	05616DJG2
—	BBVA GLOBAL SECURITIES B.V.	2,849,000	$3,027	1.4%	$1.06	—	Structured Products	05554TT21
CEMB	BLACKROCK, INC.	59,642	$2,736	1.3%	$45.87	—	Etfs	464286251
QYLD	MIRAE ASSET GLOBAL INVESTMENTS CO., LTD.	6,031	$107	0.0%	$17.68	—	Etfs	37954Y483
CSTNL	BLACKROCK, INC.	65	$48	0.0%	$738.52	—	Etfs	G4955H110
MSTY	TOROSO INVESTMENTS TOPCO LLC	960	$28	0.0%	$29.65	—	Etfs	88636X732
BCTX	BRIACELL THERAPEUTICS CORP (CA)	37	$0	0.0%	$10.55	0.0%	Stocks	107930307

Increased Positions (8)

ILF BLACKROCK, INC. 1.6%

Value ($000) $3,336 (+48.2%) Shares 109,544 (+40.3%) Est. Cost $27.01 Unrealized —

EEMA BLACKROCK, INC. 1.8%

Value ($000) $3,891 (+31.0%) Shares 41,325 (+27.4%) Est. Cost $79.94 Unrealized —

NFLX NETFLIX, INC. 1.1%

Value ($000) $2,335 (-21.5%) Shares 24,870 (+900.0%) Est. Cost $106.54 Unrealized +1.2%

EMB BLACKROCK, INC. 0.9%

Value ($000) $2,000 (+7.0%) Shares 20,760 (+5.8%) Est. Cost $91.20 Unrealized —

XLE STATE STREET CORPORATION 0.1%

Value ($000) $148 (-11.8%) Shares 3,318 (+76.2%) Est. Cost $72.27 Unrealized —

XLK STATE STREET CORPORATION 0.0%

Value ($000) $35 (-27.7%) Shares 245 (+40.8%) Est. Cost $188.36 Unrealized —

JFLEX JANUS HENDERSON GROUP PLC 0.0%

Value ($000) $65 (+1.8%) Shares 6,910 (+1.6%) Est. Cost $9.32 Unrealized —

DODIX DODGE & COX 0.0%

Value ($000) $57 (+1.6%) Shares 4,443 (+1.0%) Est. Cost $12.59 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ILF	BLACKROCK, INC.	109,544 (+40.3%)	$3,336 (+48.2%)	1.6%	$27.01	—	Etfs	464287390
EEMA	BLACKROCK, INC.	41,325 (+27.4%)	$3,891 (+31.0%)	1.8%	$79.94	—	Etfs	464286426
NFLX	NETFLIX, INC.	24,870 (+900.0%)	$2,335 (-21.5%)	1.1%	$106.54	+1.2%	Stocks	64110L106
EMB	BLACKROCK, INC.	20,760 (+5.8%)	$2,000 (+7.0%)	0.9%	$91.20	—	Etfs	464288281
XLE	STATE STREET CORPORATION	3,318 (+76.2%)	$148 (-11.8%)	0.1%	$72.27	—	Etfs	81369Y506
XLK	STATE STREET CORPORATION	245 (+40.8%)	$35 (-27.7%)	0.0%	$188.36	—	Etfs	81369Y803
JFLEX	JANUS HENDERSON GROUP PLC	6,910 (+1.6%)	$65 (+1.8%)	0.0%	$9.32	—	Funds	47103C746
DODIX	DODGE & COX	4,443 (+1.0%)	$57 (+1.6%)	0.0%	$12.59	—	Funds	256210105

Exited Positions (16)

ATOAX ABRDN ULTRA SHRT MUNI-A (US) 0.4%

Value ($000) $838 Shares 83,020 Est. Cost $10.09 Unrealized —

GDX VAN ECK ASSOCIATES CORPORATION 0.2%

Value ($000) $511 Shares 6,685 Est. Cost $45.97 Unrealized —

IWM BLACKROCK, INC. 0.2%

Value ($000) $341 Shares 1,410 Est. Cost $199.49 Unrealized —

SHYG BLACKROCK, INC. 0.1%

Value ($000) $210 Shares 4,858 Est. Cost $43.29 Unrealized —

PFF BLACKROCK, INC. 0.1%

Value ($000) $206 Shares 6,506 Est. Cost $31.64 Unrealized —

OIH VAN ECK ASSOCIATES CORPORATION 0.1%

Value ($000) $172 Shares 661 Est. Cost $262.15 Unrealized —

HACK AMPLIFY HOLDING CO. LLC 0.1%

Value ($000) $148 Shares 1,710 Est. Cost $71.80 Unrealized —

XLP STATE STREET CORPORATION 0.1%

Value ($000) $141 Shares 1,800 Est. Cost $81.69 Unrealized —

URNM SPROTT INC. 0.1%

Value ($000) $133 Shares 2,200 Est. Cost $32.44 Unrealized —

MCD MCDONALD'S CORPORATION 0.0%

Value ($000) $106 Shares 350 Est. Cost $292.89 Unrealized +4.2%

ROBO COTTONWOOD ETF HOLDINGS LLC 0.0%

Value ($000) $98 Shares 1,500 Est. Cost $51.50 Unrealized —

EWT BLACKROCK, INC. 0.0%

Value ($000) $75 Shares 1,171 Est. Cost $47.54 Unrealized —

XOM EXXON MOBIL CORPORATION 0.0%

Value ($000) $73 Shares 650 Est. Cost $107.21 Unrealized +7.7%

BBCA JPMORGAN CHASE & CO. 0.0%

Value ($000) $67 Shares 776 Est. Cost $71.56 Unrealized —

— TOROSO INVESTMENTS TOPCO LLC 0.0%

Value ($000) $67 Shares 4,801 Est. Cost $21.14 Unrealized —

INDA BLACKROCK, INC. 0.0%

Value ($000) $64 Shares 1,221 Est. Cost $51.48 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ATOAX	ABRDN ULTRA SHRT MUNI-A (US)	83,020	$838	0.4%	$10.09	—	—	003022316
GDX	VAN ECK ASSOCIATES CORPORATION	6,685	$511	0.2%	$45.97	—	—	92189F106
IWM	BLACKROCK, INC.	1,410	$341	0.2%	$199.49	—	—	464287655
SHYG	BLACKROCK, INC.	4,858	$210	0.1%	$43.29	—	—	46434V407
PFF	BLACKROCK, INC.	6,506	$206	0.1%	$31.64	—	—	464288687
OIH	VAN ECK ASSOCIATES CORPORATION	661	$172	0.1%	$262.15	—	—	92189H607
HACK	AMPLIFY HOLDING CO. LLC	1,710	$148	0.1%	$71.80	—	—	032108664
XLP	STATE STREET CORPORATION	1,800	$141	0.1%	$81.69	—	—	81369Y308
URNM	SPROTT INC.	2,200	$133	0.1%	$32.44	—	—	85208P303
MCD	MCDONALD'S CORPORATION	350	$106	0.0%	$292.89	+4.2%	—	580135101
ROBO	COTTONWOOD ETF HOLDINGS LLC	1,500	$98	0.0%	$51.50	—	—	301505707
EWT	BLACKROCK, INC.	1,171	$75	0.0%	$47.54	—	—	46434G772
XOM	EXXON MOBIL CORPORATION	650	$73	0.0%	$107.21	+7.7%	—	30231G102
BBCA	JPMORGAN CHASE & CO.	776	$67	0.0%	$71.56	—	—	46641Q225
—	TOROSO INVESTMENTS TOPCO LLC	4,801	$67	0.0%	$21.14	—	—	88634T493
INDA	BLACKROCK, INC.	1,221	$64	0.0%	$51.48	—	—	46429B598

Decreased Positions (37)

IEF BLACKROCK, INC. 1.8%

Value ($000) $3,790 (-33.8%) Shares 39,403 (-33.6%) Est. Cost $95.36 Unrealized —

LQD BLACKROCK, INC. 1.1%

Value ($000) $2,440 (-42.9%) Shares 22,135 (-42.3%) Est. Cost $108.72 Unrealized —

TIP BLACKROCK, INC. 2.5%

Value ($000) $5,375 (-22.3%) Shares 48,907 (-21.4%) Est. Cost $111.05 Unrealized —

FEZ STATE STREET CORPORATION 3.0%

Value ($000) $6,446 (-18.0%) Shares 100,054 (-21.1%) Est. Cost $58.70 Unrealized —

RSP INVESCO LTD. 4.2%

Value ($000) $9,111 (-13.0%) Shares 47,535 (-14.0%) Est. Cost $173.97 Unrealized —

GOOGL ALPHABET INC. 3.0%

Value ($000) $6,456 (+22.0%) Shares 20,605 (-5.3%) Est. Cost $180.22 Unrealized +58.5%

SPSB STATE STREET CORPORATION 0.7%

Value ($000) $1,495 (-42.2%) Shares 49,483 (-42.0%) Est. Cost $30.10 Unrealized —

GLD STATE STREET CORPORATION 4.0%

Value ($000) $8,516 (-10.6%) Shares 21,489 (-19.9%) Est. Cost $296.77 Unrealized —

VCSH VANGUARD GROUP, INC. 1.4%

Value ($000) $3,041 (-23.8%) Shares 38,142 (-23.7%) Est. Cost $79.10 Unrealized —

SHY BLACKROCK, INC. 0.4%

Value ($000) $918 (-46.4%) Shares 11,082 (-46.4%) Est. Cost $82.70 Unrealized —

SPY STATE STREET CORPORATION 3.4%

Value ($000) $7,198 (-8.6%) Shares 10,554 (-10.9%) Est. Cost $561.28 Unrealized —

EWL BLACKROCK, INC. 3.2%

Value ($000) $6,909 (-6.9%) Shares 115,199 (-14.9%) Est. Cost $52.08 Unrealized —

EWU BLACKROCK, INC. 0.0%

Value ($000) $82 (-83.9%) Shares 1,869 (-84.6%) Est. Cost $41.32 Unrealized —

EWP BLACKROCK, INC. 0.0%

Value ($000) $90 (-82.2%) Shares 1,677 (-83.7%) Est. Cost $47.69 Unrealized —

EWI BLACKROCK, INC. 0.0%

Value ($000) $84 (-82.7%) Shares 1,544 (-83.5%) Est. Cost $50.40 Unrealized —

IEV BLACKROCK, INC. 0.1%

Value ($000) $128 (-74.8%) Shares 1,872 (-76.0%) Est. Cost $63.80 Unrealized —

IEUS BLACKROCK, INC. 0.0%

Value ($000) $91 (-80.7%) Shares 1,332 (-81.1%) Est. Cost $65.36 Unrealized —

MSFT MICROSOFT CORPORATION 2.0%

Value ($000) $4,224 (-8.2%) Shares 8,728 (-1.9%) Est. Cost $409.63 Unrealized +22.2%

NVO NOVO NORDISK A/S 1.4%

Value ($000) $2,982 (-10.5%) Shares 58,536 (-2.3%) Est. Cost $69.59 Unrealized —

MDY STATE STREET CORPORATION 1.3%

Value ($000) $2,818 (-10.5%) Shares 4,667 (-11.6%) Est. Cost $538.30 Unrealized —

BAB INVESCO LTD. 0.5%

Value ($000) $1,078 (-22.0%) Shares 39,633 (-21.9%) Est. Cost $26.71 Unrealized —

XLV STATE STREET CORPORATION 0.2%

Value ($000) $473 (-38.4%) Shares 3,049 (-44.6%) Est. Cost $144.32 Unrealized —

AAPL APPLE INC. 2.4%

Value ($000) $5,140 (+6.0%) Shares 18,813 (-1.1%) Est. Cost $229.27 Unrealized +17.0%

EWJ BLACKROCK, INC. 0.9%

Value ($000) $1,991 (-10.5%) Shares 24,649 (-10.9%) Est. Cost $69.62 Unrealized —

EUAD SELECT STOXX EUR AER DE ETF (US) 0.0%

Value ($000) $74 (-76.0%) Shares 1,746 (-73.2%) Est. Cost $46.03 Unrealized —

IDV BLACKROCK, INC. 1.7%

Value ($000) $3,684 (+2.7%) Shares 93,347 (-5.0%) Est. Cost $35.82 Unrealized —

QQQ INVESCO LTD. 0.4%

Value ($000) $770 (-9.1%) Shares 1,253 (-11.3%) Est. Cost $468.92 Unrealized —

V VISA INC. 1.7%

Value ($000) $3,717 (+2.0%) Shares 10,541 (-1.4%) Est. Cost $336.32 Unrealized +1.2%

AGG BLACKROCK, INC. 0.2%

Value ($000) $331 (-15.9%) Shares 3,311 (-15.6%) Est. Cost $98.96 Unrealized —

VTEB VANGUARD GROUP, INC. 0.8%

Value ($000) $1,705 (-3.5%) Shares 33,898 (-3.9%) Est. Cost $49.63 Unrealized —

PZA INVESCO LTD. 0.7%

Value ($000) $1,548 (-3.6%) Shares 66,770 (-4.0%) Est. Cost $23.04 Unrealized —

ACWI BLACKROCK, INC. 0.1%

Value ($000) $238 (-11.5%) Shares 1,683 (-13.6%) Est. Cost $116.39 Unrealized —

AOM BLACKROCK, INC. 0.1%

Value ($000) $191 (-9.4%) Shares 4,003 (-9.7%) Est. Cost $43.87 Unrealized —

GOOG ALPHABET INC. 0.0%

Value ($000) $97 (-13.5%) Shares 310 (-32.6%) Est. Cost $182.46 Unrealized +56.9%

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $677 (-1.4%) Shares 3,270 (-13.1%) Est. Cost $152.45 Unrealized +29.2%

VOO VANGUARD GROUP, INC. 1.7%

Value ($000) $3,654 (-0.2%) Shares 5,825 (-2.8%) Est. Cost $513.91 Unrealized —

IAU BLACKROCK, INC. 0.2%

Value ($000) $397 (+1.6%) Shares 4,889 (-8.9%) Est. Cost $58.94 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IEF	BLACKROCK, INC.	39,403 (-33.6%)	$3,790 (-33.8%)	1.8%	$95.36	—	Etfs	464287440
LQD	BLACKROCK, INC.	22,135 (-42.3%)	$2,440 (-42.9%)	1.1%	$108.72	—	Etfs	464287242
TIP	BLACKROCK, INC.	48,907 (-21.4%)	$5,375 (-22.3%)	2.5%	$111.05	—	Etfs	464287176
FEZ	STATE STREET CORPORATION	100,054 (-21.1%)	$6,446 (-18.0%)	3.0%	$58.70	—	Etfs	78463X202
RSP	INVESCO LTD.	47,535 (-14.0%)	$9,111 (-13.0%)	4.2%	$173.97	—	Etfs	46137V357
GOOGL	ALPHABET INC.	20,605 (-5.3%)	$6,456 (+22.0%)	3.0%	$180.22	+58.5%	Stocks	02079K305
SPSB	STATE STREET CORPORATION	49,483 (-42.0%)	$1,495 (-42.2%)	0.7%	$30.10	—	Etfs	78464A474
GLD	STATE STREET CORPORATION	21,489 (-19.9%)	$8,516 (-10.6%)	4.0%	$296.77	—	Etfs	78463V107
VCSH	VANGUARD GROUP, INC.	38,142 (-23.7%)	$3,041 (-23.8%)	1.4%	$79.10	—	Funds	92206C409
SHY	BLACKROCK, INC.	11,082 (-46.4%)	$918 (-46.4%)	0.4%	$82.70	—	Etfs	464287457
SPY	STATE STREET CORPORATION	10,554 (-10.9%)	$7,198 (-8.6%)	3.4%	$561.28	—	Etfs	78462F103
EWL	BLACKROCK, INC.	115,199 (-14.9%)	$6,909 (-6.9%)	3.2%	$52.08	—	Etfs	464286749
EWU	BLACKROCK, INC.	1,869 (-84.6%)	$82 (-83.9%)	0.0%	$41.32	—	Etfs	46435G334
EWP	BLACKROCK, INC.	1,677 (-83.7%)	$90 (-82.2%)	0.0%	$47.69	—	Etfs	464286764
EWI	BLACKROCK, INC.	1,544 (-83.5%)	$84 (-82.7%)	0.0%	$50.40	—	Etfs	46434G830
IEV	BLACKROCK, INC.	1,872 (-76.0%)	$128 (-74.8%)	0.1%	$63.80	—	Etfs	464287861
IEUS	BLACKROCK, INC.	1,332 (-81.1%)	$91 (-80.7%)	0.0%	$65.36	—	Etfs	464288497
MSFT	MICROSOFT CORPORATION	8,728 (-1.9%)	$4,224 (-8.2%)	2.0%	$409.63	+22.2%	Stocks	594918104
NVO	NOVO NORDISK A/S	58,536 (-2.3%)	$2,982 (-10.5%)	1.4%	$69.59	—	Adrs	670100205
MDY	STATE STREET CORPORATION	4,667 (-11.6%)	$2,818 (-10.5%)	1.3%	$538.30	—	Etfs	78467Y107
BAB	INVESCO LTD.	39,633 (-21.9%)	$1,078 (-22.0%)	0.5%	$26.71	—	Etfs	46138G805
XLV	STATE STREET CORPORATION	3,049 (-44.6%)	$473 (-38.4%)	0.2%	$144.32	—	Etfs	81369Y209
AAPL	APPLE INC.	18,813 (-1.1%)	$5,140 (+6.0%)	2.4%	$229.27	+17.0%	Stocks	037833100
EWJ	BLACKROCK, INC.	24,649 (-10.9%)	$1,991 (-10.5%)	0.9%	$69.62	—	Etfs	46434G822
EUAD	SELECT STOXX EUR AER DE ETF (US)	1,746 (-73.2%)	$74 (-76.0%)	0.0%	$46.03	—	Etfs	84858T772
IDV	BLACKROCK, INC.	93,347 (-5.0%)	$3,684 (+2.7%)	1.7%	$35.82	—	Etfs	464288448
QQQ	INVESCO LTD.	1,253 (-11.3%)	$770 (-9.1%)	0.4%	$468.92	—	Etfs	46090E103
V	VISA INC.	10,541 (-1.4%)	$3,717 (+2.0%)	1.7%	$336.32	+1.2%	Stocks	92826C839
AGG	BLACKROCK, INC.	3,311 (-15.6%)	$331 (-15.9%)	0.2%	$98.96	—	Etfs	464287226
VTEB	VANGUARD GROUP, INC.	33,898 (-3.9%)	$1,705 (-3.5%)	0.8%	$49.63	—	Etfs	922907746
PZA	INVESCO LTD.	66,770 (-4.0%)	$1,548 (-3.6%)	0.7%	$23.04	—	Etfs	46138E537
ACWI	BLACKROCK, INC.	1,683 (-13.6%)	$238 (-11.5%)	0.1%	$116.39	—	Etfs	464288257
AOM	BLACKROCK, INC.	4,003 (-9.7%)	$191 (-9.4%)	0.1%	$43.87	—	Etfs	464289875
GOOG	ALPHABET INC.	310 (-32.6%)	$97 (-13.5%)	0.0%	$182.46	+56.9%	Stocks	02079K107
JNJ	JOHNSON & JOHNSON	3,270 (-13.1%)	$677 (-1.4%)	0.3%	$152.45	+29.2%	Stocks	478160104
VOO	VANGUARD GROUP, INC.	5,825 (-2.8%)	$3,654 (-0.2%)	1.7%	$513.91	—	Etfs	922908363
IAU	BLACKROCK, INC.	4,889 (-8.9%)	$397 (+1.6%)	0.2%	$58.94	—	Etfs	464285204

Unchanged Positions (49)

ORCL ORACLE CORPORATION 1.7%

Value ($000) $3,691 Shares 18,865 Est. Cost $161.57 Unrealized +47.3%

AMAT APPLIED MATERIALS, INC. 3.0%

Value ($000) $6,457 Shares 24,902 Est. Cost $164.09 Unrealized +46.0%

LLY ELI LILLY AND COMPANY 2.1%

Value ($000) $4,423 Shares 4,100 Est. Cost $773.40 Unrealized +23.6%

FISV FISERV, INC. 0.6%

Value ($000) $1,232 Shares 18,295 Est. Cost $181.35 Unrealized -53.8%

RIO RIO TINTO PLC 1.8%

Value ($000) $3,869 Shares 48,382 Est. Cost $62.09 Unrealized —

MRK MERCK & CO., INC. 1.8%

Value ($000) $3,962 Shares 38,025 Est. Cost $87.72 Unrealized +6.3%

TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 2.9%

Value ($000) $6,266 Shares 20,500 Est. Cost $186.34 Unrealized —

PDD PDD HOLDINGS INC. 1.5%

Value ($000) $3,125 Shares 27,445 Est. Cost $118.54 Unrealized —

ZTS ZOETIS INC. 1.1%

Value ($000) $2,256 Shares 17,932 Est. Cost $164.52 Unrealized -20.8%

META META PLATFORMS, INC. 1.4%

Value ($000) $3,097 Shares 4,695 Est. Cost $643.25 Unrealized +3.7%

NKE NIKE, INC. 1.5%

Value ($000) $3,143 Shares 49,306 Est. Cost $70.09 Unrealized -7.4%

AMZN AMAZON.COM, INC. 2.1%

Value ($000) $4,529 Shares 19,589 Est. Cost $210.64 Unrealized +8.6%

ABT ABBOTT LABORATORIES 1.3%

Value ($000) $2,842 Shares 22,541 Est. Cost $125.48 Unrealized +1.5%

BLK BLACKROCK, INC. 1.6%

Value ($000) $3,394 Shares 3,150 Est. Cost $961.85 Unrealized +13.3%

SNY SANOFI 1.3%

Value ($000) $2,727 Shares 56,555 Est. Cost $52.60 Unrealized —

VGK VANGUARD GROUP, INC. 1.4%

Value ($000) $2,923 Shares 34,930 Est. Cost $78.23 Unrealized —

FLSW FRANKLIN RESOURCES, INC. 0.6%

Value ($000) $1,195 Shares 28,820 Est. Cost $35.81 Unrealized —

FTNT FORTINET, INC. 1.1%

Value ($000) $2,343 Shares 28,710 Est. Cost $101.38 Unrealized -18.2%

FSZ FIRST TRUST ADVISORS LP 0.9%

Value ($000) $1,996 Shares 24,925 Est. Cost $67.65 Unrealized —

SMCY YM SMCI OPT INCOME STRAT ETF (US) 0.0%

Value ($000) $89 Shares 11,012 Est. Cost $19.48 Unrealized —

QCOM QUALCOMM INCORPORATED 1.6%

Value ($000) $3,484 Shares 20,277 Est. Cost $159.07 Unrealized +7.4%

PFE PFIZER INC. 1.5%

Value ($000) $3,156 Shares 126,369 Est. Cost $24.43 Unrealized +2.5%

EZU BLACKROCK, INC. 0.6%

Value ($000) $1,392 Shares 21,689 Est. Cost $53.26 Unrealized —

PG PROCTER & GAMBLE COMPANY 0.3%

Value ($000) $645 Shares 4,504 Est. Cost $163.95 Unrealized -10.2%

MA MASTERCARD INCORPORATED 1.4%

Value ($000) $3,020 Shares 5,260 Est. Cost $542.01 Unrealized +3.1%

NVDA NVIDIA CORPORATION 2.6%

Value ($000) $5,605 Shares 29,969 Est. Cost $126.45 Unrealized +47.2%

ADBE ADOBE INC. 1.6%

Value ($000) $3,424 Shares 9,706 Est. Cost $385.32 Unrealized -11.7%

EPR EPR PROPERTIES 0.0%

Value ($000) $82 Shares 1,645 Est. Cost $52.95 Unrealized —

VEU VANGUARD GROUP, INC. 0.2%

Value ($000) $350 Shares 4,760 Est. Cost $60.66 Unrealized —

DRN RAFFERTY ASSET MANAGEMENT, LLC 0.0%

Value ($000) $62 Shares 7,280 Est. Cost $11.27 Unrealized —

IVV BLACKROCK, INC. 0.1%

Value ($000) $305 Shares 445 Est. Cost $561.90 Unrealized —

TMF RAFFERTY ASSET MANAGEMENT, LLC 0.1%

Value ($000) $110 Shares 2,930 Est. Cost $45.57 Unrealized —

STWD STARWOOD PROPERTY TRUST, INC. 0.0%

Value ($000) $68 Shares 3,760 Est. Cost $19.87 Unrealized —

VTI VANGUARD GROUP, INC. 0.1%

Value ($000) $205 Shares 611 Est. Cost $274.84 Unrealized —

IXC BLACKROCK, INC. 0.4%

Value ($000) $888 Shares 21,165 Est. Cost $42.07 Unrealized —

SPEU STATE STREET CORPORATION 0.0%

Value ($000) $78 Shares 1,500 Est. Cost $44.01 Unrealized —

KD KYNDRYL HOLDINGS, INC. 0.0%

Value ($000) $27 Shares 1,015 Est. Cost $37.48 Unrealized -27.7%

SPDW STATE STREET CORPORATION 0.0%

Value ($000) $80 Shares 1,800 Est. Cost $36.41 Unrealized —

EFA BLACKROCK, INC. 0.0%

Value ($000) $82 Shares 850 Est. Cost $81.73 Unrealized —

DPST RAFFERTY ASSET MANAGEMENT, LLC 0.1%

Value ($000) $201 Shares 1,993 Est. Cost $98.34 Unrealized —

CWB STATE STREET CORPORATION 0.1%

Value ($000) $151 Shares 1,697 Est. Cost $76.63 Unrealized —

GILD GILEAD SCIENCES, INC. 0.0%

Value ($000) $26 Shares 210 Est. Cost $100.53 Unrealized +20.2%

JEPQ JPMORGAN CHASE & CO. 0.1%

Value ($000) $163 Shares 2,799 Est. Cost $54.91 Unrealized —

IBM INTERNATIONAL BUSINESS MACHINES CORPORATION 0.0%

Value ($000) $33 Shares 111 Est. Cost $239.40 Unrealized +24.8%

GVI BLACKROCK, INC. 0.4%

Value ($000) $957 Shares 8,911 Est. Cost $106.07 Unrealized —

EEM BLACKROCK, INC. 0.0%

Value ($000) $28 Shares 520 Est. Cost $43.70 Unrealized —

JEPI JPMORGAN CHASE & CO. 0.1%

Value ($000) $152 Shares 2,659 Est. Cost $57.22 Unrealized —

RSPT INVESCO LTD. 0.0%

Value ($000) $16 Shares 350 Est. Cost $34.20 Unrealized —

IEI BLACKROCK, INC. 0.1%

Value ($000) $257 Shares 2,154 Est. Cost $118.11 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	ORACLE CORPORATION	18,865	$3,691	1.7%	$161.57	+47.3%	Stocks	68389X105
AMAT	APPLIED MATERIALS, INC.	24,902	$6,457	3.0%	$164.09	+46.0%	Stocks	038222105
LLY	ELI LILLY AND COMPANY	4,100	$4,423	2.1%	$773.40	+23.6%	Stocks	532457108
FISV	FISERV, INC.	18,295	$1,232	0.6%	$181.35	-53.8%	Stocks	337738108
RIO	RIO TINTO PLC	48,382	$3,869	1.8%	$62.09	—	Adrs	767204100
MRK	MERCK & CO., INC.	38,025	$3,962	1.8%	$87.72	+6.3%	Stocks	58933Y105
TSM	TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED	20,500	$6,266	2.9%	$186.34	—	Adrs	874039100
PDD	PDD HOLDINGS INC.	27,445	$3,125	1.5%	$118.54	—	Adrs	722304102
ZTS	ZOETIS INC.	17,932	$2,256	1.1%	$164.52	-20.8%	Stocks	98978V103
META	META PLATFORMS, INC.	4,695	$3,097	1.4%	$643.25	+3.7%	Stocks	30303M102
NKE	NIKE, INC.	49,306	$3,143	1.5%	$70.09	-7.4%	Stocks	654106103
AMZN	AMAZON.COM, INC.	19,589	$4,529	2.1%	$210.64	+8.6%	Stocks	023135106
ABT	ABBOTT LABORATORIES	22,541	$2,842	1.3%	$125.48	+1.5%	Stocks	002824100
BLK	BLACKROCK, INC.	3,150	$3,394	1.6%	$961.85	+13.3%	Stocks	09290D101
SNY	SANOFI	56,555	$2,727	1.3%	$52.60	—	Adrs	80105N105
VGK	VANGUARD GROUP, INC.	34,930	$2,923	1.4%	$78.23	—	Etfs	922042874
FLSW	FRANKLIN RESOURCES, INC.	28,820	$1,195	0.6%	$35.81	—	Etfs	35473P694
FTNT	FORTINET, INC.	28,710	$2,343	1.1%	$101.38	-18.2%	Stocks	34959E109
FSZ	FIRST TRUST ADVISORS LP	24,925	$1,996	0.9%	$67.65	—	Etfs	33737J232
SMCY	YM SMCI OPT INCOME STRAT ETF (US)	11,012	$89	0.0%	$19.48	—	Etfs	88636R867
QCOM	QUALCOMM INCORPORATED	20,277	$3,484	1.6%	$159.07	+7.4%	Stocks	747525103
PFE	PFIZER INC.	126,369	$3,156	1.5%	$24.43	+2.5%	Stocks	717081103
EZU	BLACKROCK, INC.	21,689	$1,392	0.6%	$53.26	—	Etfs	464286608
PG	PROCTER & GAMBLE COMPANY	4,504	$645	0.3%	$163.95	-10.2%	Stocks	742718109
MA	MASTERCARD INCORPORATED	5,260	$3,020	1.4%	$542.01	+3.1%	Stocks	57636Q104
NVDA	NVIDIA CORPORATION	29,969	$5,605	2.6%	$126.45	+47.2%	Stocks	67066G104
ADBE	ADOBE INC.	9,706	$3,424	1.6%	$385.32	-11.7%	Stocks	00724F101
EPR	EPR PROPERTIES	1,645	$82	0.0%	$52.95	—	Reits	26884U109
VEU	VANGUARD GROUP, INC.	4,760	$350	0.2%	$60.66	—	Etfs	922042775
DRN	RAFFERTY ASSET MANAGEMENT, LLC	7,280	$62	0.0%	$11.27	—	Etfs	25459W755
IVV	BLACKROCK, INC.	445	$305	0.1%	$561.90	—	Etfs	464287200
TMF	RAFFERTY ASSET MANAGEMENT, LLC	2,930	$110	0.1%	$45.57	—	Etfs	25460G138
STWD	STARWOOD PROPERTY TRUST, INC.	3,760	$68	0.0%	$19.87	—	Stocks	85571B105
VTI	VANGUARD GROUP, INC.	611	$205	0.1%	$274.84	—	Etfs	922908769
IXC	BLACKROCK, INC.	21,165	$888	0.4%	$42.07	—	Etfs	464287341
SPEU	STATE STREET CORPORATION	1,500	$78	0.0%	$44.01	—	Etfs	78463X103
KD	KYNDRYL HOLDINGS, INC.	1,015	$27	0.0%	$37.48	-27.7%	Stocks	50155Q100
SPDW	STATE STREET CORPORATION	1,800	$80	0.0%	$36.41	—	Etfs	78463X889
EFA	BLACKROCK, INC.	850	$82	0.0%	$81.73	—	Etfs	464287465
DPST	RAFFERTY ASSET MANAGEMENT, LLC	1,993	$201	0.1%	$98.34	—	Etfs	25460G153
CWB	STATE STREET CORPORATION	1,697	$151	0.1%	$76.63	—	Etfs	78464A359
GILD	GILEAD SCIENCES, INC.	210	$26	0.0%	$100.53	+20.2%	Stocks	375558103
JEPQ	JPMORGAN CHASE & CO.	2,799	$163	0.1%	$54.91	—	Etfs	46654Q203
IBM	INTERNATIONAL BUSINESS MACHINES CORPORATION	111	$33	0.0%	$239.40	+24.8%	Stocks	459200101
GVI	BLACKROCK, INC.	8,911	$957	0.4%	$106.07	—	Etfs	464288612
EEM	BLACKROCK, INC.	520	$28	0.0%	$43.70	—	Etfs	464287234
JEPI	JPMORGAN CHASE & CO.	2,659	$152	0.1%	$57.22	—	Etfs	46641Q332
RSPT	INVESCO LTD.	350	$16	0.0%	$34.20	—	Etfs	46137V282
IEI	BLACKROCK, INC.	2,154	$257	0.1%	$118.11	—	Etfs	464288661