Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	896,121	$88.7M	18.8%	$98.98	—	CORE US AGGBD ET	464287226
SPCX	SPACE EXPLORATION TECHN CORP	92,985	$15.89M	3.4%	$170.86	—	CLASS A COM STK	84615Q103
GOOG	ALPHABET INC	4,651	$1.643M	0.3%	$353.33	—	CAP STK CL C	02079K107
APO	APOLLO GLOBAL MGMT INC	9,153	$1.076M	0.2%	$117.56	—	COM	03769M106
MSFT	MICROSOFT CORP	2,527	$943K	0.2%	$373.02	—	COM	594918104
AAPL	APPLE INC	3,163	$915K	0.2%	$289.36	—	COM	037833100
KLAR	KLARNA GROUP PLC	25,886	$524K	0.1%	$20.24	—	SHS	G5279N105
GHYG	ISHARES INC	9,743	$441K	0.1%	$45.29	—	US INTL HGH YLD	464286178
AVGO	BROADCOM INC	1,085	$410K	0.1%	$377.75	—	COM	11135F101
UNH	UNITEDHEALTH GROUP INC	915	$381K	0.1%	$416.30	—	COM	91324P102
LRCX	LAM RESEARCH CORP	871	$378K	0.1%	$433.58	—	COM NEW	512807306
QNT	QUANTINUUM INC	4,459	$364K	0.1%	$81.74	—	CL A COM	74768A104
META	META PLATFORMS INC	634	$357K	0.1%	$563.29	—	CL A	30303M102
MRVL	MARVELL TECHNOLOGY INC	1,120	$334K	0.1%	$297.89	—	COM	573874104
AZN	ASTRAZENECA PLC	1,758	$333K	0.1%	$189.39	—	ORD	G0593M107
PANW	PALO ALTO NETWORKS INC	952	$325K	0.1%	$341.02	—	COM	697435105
LLY	ELI LILLY & CO	242	$294K	0.1%	$1216.18	—	COM	532457108
JPM	JPMORGAN CHASE & CO	839	$275K	0.1%	$327.31	—	COM	46625H100
MS	MORGAN STANLEY	1,311	$274K	0.1%	$209.04	—	COM NEW	617446448
ILS	ETF OPPORTUNITIES TRUST	13,580	$267K	0.1%	$19.67	—	BROO CATA BD ETF	26923N470
SHOP	SHOPIFY INC	2,306	$263K	0.1%	$114.24	—	CL A SUB VTG SHS	82509L107
TXN	TEXAS INSTRS INC	805	$240K	0.1%	$298.07	—	COM	882508104
DDOG	DATADOG INC	892	$232K	0.0%	$260.36	—	CL A COM	23804L103
XBI	SPDR SERIES TRUST	1,425	$226K	0.0%	$158.25	—	ST STR SP BIOT	78464A870
ONTO	ONTO INNOVATION INC	595	$225K	0.0%	$378.45	—	COM	683344105
MRK	MERCK & CO INC	1,673	$216K	0.0%	$129.26	—	COM	58933Y105
ADM	ARCHER DANIELS MIDLAND CO	2,715	$208K	0.0%	$76.43	—	COM	039483102
JNJ	JOHNSON & JOHNSON	802	$205K	0.0%	$255.37	—	COM	478160104
IWM	ISHARES TR	671	$202K	0.0%	$300.45	—	RUSSELL 2000 ETF	464287655
JBBB	JANUS DETROIT STR TR	4,230	$201K	0.0%	$47.58	—	B-BBB CLO ETF	47103U753
PM	PHILIP MORRIS INTL INC	1,103	$201K	0.0%	$182.38	—	COM	718172109

Increased Positions (60)

VOO VANGUARD INDEX FDS 3.3%

Value $15.71M (+16.2%) Shares 22,869 (+1.1%) Est. Cost $627.76 Unrealized —

NVDA NVIDIA CORPORATION 0.6%

Value $2.675M (+197.9%) Shares 13,367 (+159.7%) Est. Cost $194.71 Unrealized —

IGV ISHARES TR 0.8%

Value $3.709M (+75.6%) Shares 40,941 (+55.0%) Est. Cost $100.34 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 2.4%

Value $11.17M (+12.9%) Shares 187,121 (+2.3%) Est. Cost $53.89 Unrealized —

VO VANGUARD INDEX FDS 2.1%

Value $9.777M (+14.0%) Shares 120,997 (+306.5%) Est. Cost $132.52 Unrealized —

VGK VANGUARD INTL EQUITY INDEX F 2.9%

Value $13.8M (+8.9%) Shares 155,920 (+1.4%) Est. Cost $83.68 Unrealized —

IWF ISHARES TR 1.3%

Value $5.915M (+20.5%) Shares 47,652 (+313.6%) Est. Cost $208.73 Unrealized —

PFF ISHARES TR 3.3%

Value $15.54M (+6.8%) Shares 509,545 (+6.2%) Est. Cost $30.93 Unrealized —

PAVE GLOBAL X FDS 1.3%

Value $6.038M (+17.9%) Shares 102,307 (+1.5%) Est. Cost $48.28 Unrealized —

VB VANGUARD INDEX FDS 1.2%

Value $5.484M (+18.5%) Shares 18,043 (+2.5%) Est. Cost $260.01 Unrealized —

NOBL PROSHARES TR 2.6%

Value $12.17M (+6.5%) Shares 216,687 (+101.1%) Est. Cost $80.03 Unrealized —

VOT VANGUARD INDEX FDS 0.5%

Value $2.222M (+40.4%) Shares 7,263 (+17.5%) Est. Cost $283.31 Unrealized —

ITB ISHARES TR 0.5%

Value $2.207M (+40.6%) Shares 21,125 (+21.9%) Est. Cost $97.77 Unrealized —

AMZN AMAZON COM INC 0.2%

Value $864K (+251.4%) Shares 3,625 (+206.9%) Est. Cost $235.30 Unrealized —

EWJ ISHARES INC 1.1%

Value $5.168M (+13.5%) Shares 55,411 (+2.7%) Est. Cost $81.07 Unrealized —

EMXC ISHARES INC 0.5%

Value $2.283M (+36.2%) Shares 22,320 (+4.7%) Est. Cost $74.02 Unrealized —

VCLT VANGUARD SCOTTSDALE FDS 2.3%

Value $10.71M (+5.7%) Shares 142,287 (+5.0%) Est. Cost $75.75 Unrealized —

VNQ VANGUARD INDEX FDS 0.9%

Value $4.337M (+14.1%) Shares 44,977 (+4.9%) Est. Cost $88.87 Unrealized —

VRP INVESCO EXCH TRADED FD TR II 2.1%

Value $9.716M (+5.6%) Shares 399,681 (+4.2%) Est. Cost $24.32 Unrealized —

GOOGL ALPHABET INC 0.3%

Value $1.265M (+44.4%) Shares 3,542 (+16.2%) Est. Cost $295.59 Unrealized —

VBK VANGUARD INDEX FDS 0.3%

Value $1.486M (+33.2%) Shares 4,064 (+10.1%) Est. Cost $307.91 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.7%

Value $3.217M (+12.8%) Shares 15,121 (+1.8%) Est. Cost $191.93 Unrealized —

FEZ SPDR INDEX SHS FDS 0.3%

Value $1.435M (+29.7%) Shares 20,891 (+17.2%) Est. Cost $65.02 Unrealized —

FLBL FRANKLIN TEMPLETON ETF TR 0.2%

Value $994K (+46.7%) Shares 43,375 (+47.3%) Est. Cost $23.26 Unrealized —

IJK ISHARES TR 0.3%

Value $1.304M (+24.6%) Shares 11,129 (+6.2%) Est. Cost $98.39 Unrealized —

HTGC HERCULES CAPITAL INC 0.2%

Value $1.12M (+29.4%) Shares 70,950 (+20.7%) Est. Cost $17.63 Unrealized —

TLT ISHARES TR 1.6%

Value $7.573M (+3.3%) Shares 87,626 (+3.6%) Est. Cost $87.13 Unrealized —

HYG ISHARES TR 1.1%

Value $5.251M (+4.8%) Shares 65,667 (+4.2%) Est. Cost $80.60 Unrealized —

ARCC ARES CAPITAL CORP 0.2%

Value $1.088M (+27.2%) Shares 58,179 (+23.4%) Est. Cost $19.60 Unrealized —

OXLC OXFORD LANE CAP CORP 0.1%

Value $376K (+158.5%) Shares 42,881 (+188.5%) Est. Cost $9.12 Unrealized —

LQD ISHARES TR 3.8%

Value $18.07M (+1.2%) Shares 165,682 (+1.2%) Est. Cost $110.18 Unrealized —

MAIN MAIN STR CAP CORP 0.2%

Value $884K (+32.8%) Shares 17,045 (+35.5%) Est. Cost $57.15 Unrealized —

EPP ISHARES INC 0.7%

Value $3.434M (+6.0%) Shares 64,474 (+5.8%) Est. Cost $50.62 Unrealized —

XHB SPDR SERIES TRUST 0.2%

Value $1.12M (+19.9%) Shares 9,697 (+1.3%) Est. Cost $103.33 Unrealized —

GSBD GOLDMAN SACHS BDC INC 0.2%

Value $780K (+31.3%) Shares 79,546 (+20.5%) Est. Cost $9.78 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.1%

Value $408K (+82.8%) Shares 5,723 (+64.4%) Est. Cost $66.89 Unrealized —

IEUS ISHARES TR 0.3%

Value $1.362M (+13.5%) Shares 19,677 (+8.7%) Est. Cost $68.41 Unrealized —

EDIV SPDR INDEX SHS FDS 0.3%

Value $1.451M (+11.4%) Shares 35,431 (+7.4%) Est. Cost $39.27 Unrealized —

PSP INVESCO EXCHANGE TRADED FD T 0.1%

Value $587K (+33.8%) Shares 10,542 (+35.7%) Est. Cost $64.08 Unrealized —

EUFN ISHARES TR 0.1%

Value $513K (+39.5%) Shares 13,161 (+24.7%) Est. Cost $37.47 Unrealized —

LONZ PIMCO ETF TR 1.8%

Value $8.469M (+1.7%) Shares 171,747 (+1.8%) Est. Cost $50.77 Unrealized —

IEF ISHARES TR 3.6%

Value $17.11M (+0.7%) Shares 180,881 (+1.6%) Est. Cost $96.08 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 1.3%

Value $6.209M (+1.3%) Shares 304,818 (+1.5%) Est. Cost $20.41 Unrealized —

TRP TC ENERGY CORP 0.2%

Value $853K (+10.3%) Shares 12,617 (+2.9%) Est. Cost $53.75 Unrealized —

VNQI VANGUARD INTL EQUITY INDEX F 0.4%

Value $1.791M (+4.1%) Shares 39,929 (+3.2%) Est. Cost $45.68 Unrealized —

IEMG ISHARES INC 0.1%

Value $306K (+25.4%) Shares 3,696 (+5.6%) Est. Cost $70.44 Unrealized —

PGX INVESCO EXCH TRADED FD TR II 1.1%

Value $5.047M (+1.1%) Shares 465,571 (+1.5%) Est. Cost $11.11 Unrealized —

COP CONOCOPHILLIPS 0.1%

Value $308K (-14.5%) Shares 2,962 (+8.6%) Est. Cost $91.12 Unrealized —

BN BROOKFIELD CORP 0.1%

Value $606K (+9.4%) Shares 14,235 (+3.2%) Est. Cost $45.46 Unrealized —

IEUR ISHARES TR 0.1%

Value $389K (+13.0%) Shares 5,178 (+5.7%) Est. Cost $71.20 Unrealized —

SHYG ISHARES TR 0.5%

Value $2.291M (+1.8%) Shares 54,019 (+1.5%) Est. Cost $42.86 Unrealized —

EWJV ISHARES TR 0.1%

Value $572K (+4.9%) Shares 13,003 (+1.8%) Est. Cost $39.80 Unrealized —

BIZD VANECK ETF TRUST 0.2%

Value $963K (+2.7%) Shares 76,064 (+3.9%) Est. Cost $14.12 Unrealized —

KWEB KRANESHARES TRUST 0.1%

Value $463K (+4.3%) Shares 18,917 (+21.1%) Est. Cost $32.39 Unrealized —

IEI ISHARES TR 2.9%

Value $13.78M (+0.1%) Shares 117,308 (+1.1%) Est. Cost $119.29 Unrealized —

OBDC BLUE OWL CAPITAL CORPORATION 0.1%

Value $574K (+2.0%) Shares 51,302 (+4.1%) Est. Cost $12.27 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $238K (-3.0%) Shares 1,741 (+20.3%) Est. Cost $138.40 Unrealized —

AMLP ALPS ETF TR 0.2%

Value $764K (+0.3%) Shares 14,742 (+1.8%) Est. Cost $47.10 Unrealized —

VOOG VANGUARD ADMIRAL FDS INC 0.0%

Value $206K (+0.9%) Shares 2,494 (+397.8%) Est. Cost $155.33 Unrealized —

KKR KKR & CO INC 0.3%

Value $1.591M (+0.1%) Shares 17,433 (+1.0%) Est. Cost $123.79 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	22,869 (+1.1%)	$15.71M (+16.2%)	3.3%	$627.76	—	S&P 500 ETF SHS	922908363
NVDA	NVIDIA CORPORATION	13,367 (+159.7%)	$2.675M (+197.9%)	0.6%	$194.71	—	COM	67066G104
IGV	ISHARES TR	40,941 (+55.0%)	$3.709M (+75.6%)	0.8%	$100.34	—	EXPANDED TECH	464287515
VWO	VANGUARD INTL EQUITY INDEX F	187,121 (+2.3%)	$11.17M (+12.9%)	2.4%	$53.89	—	FTSE EMR MKT ETF	922042858
VO	VANGUARD INDEX FDS	120,997 (+306.5%)	$9.777M (+14.0%)	2.1%	$132.52	—	MID CAP ETF	922908629
VGK	VANGUARD INTL EQUITY INDEX F	155,920 (+1.4%)	$13.8M (+8.9%)	2.9%	$83.68	—	FTSE EUROPE ETF	922042874
IWF	ISHARES TR	47,652 (+313.6%)	$5.915M (+20.5%)	1.3%	$208.73	—	RUS 1000 GRW ETF	464287614
PFF	ISHARES TR	509,545 (+6.2%)	$15.54M (+6.8%)	3.3%	$30.93	—	PFD AND INCM SEC	464288687
PAVE	GLOBAL X FDS	102,307 (+1.5%)	$6.038M (+17.9%)	1.3%	$48.28	—	US INFR DEV ETF	37954Y673
VB	VANGUARD INDEX FDS	18,043 (+2.5%)	$5.484M (+18.5%)	1.2%	$260.01	—	SMALL CP ETF	922908751
NOBL	PROSHARES TR	216,687 (+101.1%)	$12.17M (+6.5%)	2.6%	$80.03	—	S&P 500 DV ARIST	74348A467
VOT	VANGUARD INDEX FDS	7,263 (+17.5%)	$2.222M (+40.4%)	0.5%	$283.31	—	MCAP GR IDXVIP	922908538
ITB	ISHARES TR	21,125 (+21.9%)	$2.207M (+40.6%)	0.5%	$97.77	—	US HOME CONS ETF	464288752
AMZN	AMAZON COM INC	3,625 (+206.9%)	$864K (+251.4%)	0.2%	$235.30	—	COM	023135106
EWJ	ISHARES INC	55,411 (+2.7%)	$5.168M (+13.5%)	1.1%	$81.07	—	MSCI JAPAN ETF	46434G822
EMXC	ISHARES INC	22,320 (+4.7%)	$2.283M (+36.2%)	0.5%	$74.02	—	MSCI EMRG CHN	46434G764
VCLT	VANGUARD SCOTTSDALE FDS	142,287 (+5.0%)	$10.71M (+5.7%)	2.3%	$75.75	—	LG-TERM COR BD	92206C813
VNQ	VANGUARD INDEX FDS	44,977 (+4.9%)	$4.337M (+14.1%)	0.9%	$88.87	—	REAL ESTATE ETF	922908553
VRP	INVESCO EXCH TRADED FD TR II	399,681 (+4.2%)	$9.716M (+5.6%)	2.1%	$24.32	—	VAR RATE PFD	46138G870
GOOGL	ALPHABET INC	3,542 (+16.2%)	$1.265M (+44.4%)	0.3%	$295.59	—	CAP STK CL A	02079K305
VBK	VANGUARD INDEX FDS	4,064 (+10.1%)	$1.486M (+33.2%)	0.3%	$307.91	—	SML CP GRW ETF	922908595
RSP	INVESCO EXCHANGE TRADED FD T	15,121 (+1.8%)	$3.217M (+12.8%)	0.7%	$191.93	—	S&P500 EQL WGT	46137V357
FEZ	SPDR INDEX SHS FDS	20,891 (+17.2%)	$1.435M (+29.7%)	0.3%	$65.02	—	ST STR EU 50 ETF	78463X202
FLBL	FRANKLIN TEMPLETON ETF TR	43,375 (+47.3%)	$994K (+46.7%)	0.2%	$23.26	—	SENIOR LOAN ETF	35473P595
IJK	ISHARES TR	11,129 (+6.2%)	$1.304M (+24.6%)	0.3%	$98.39	—	S&P MC 400GR ETF	464287606
HTGC	HERCULES CAPITAL INC	70,950 (+20.7%)	$1.12M (+29.4%)	0.2%	$17.63	—	COM	427096508
TLT	ISHARES TR	87,626 (+3.6%)	$7.573M (+3.3%)	1.6%	$87.13	—	20 YR TR BD ETF	464287432
HYG	ISHARES TR	65,667 (+4.2%)	$5.251M (+4.8%)	1.1%	$80.60	—	IBOXX HI YD ETF	464288513
ARCC	ARES CAPITAL CORP	58,179 (+23.4%)	$1.088M (+27.2%)	0.2%	$19.60	—	COM	04010L103
OXLC	OXFORD LANE CAP CORP	42,881 (+188.5%)	$376K (+158.5%)	0.1%	$9.12	—	COM	691543847
LQD	ISHARES TR	165,682 (+1.2%)	$18.07M (+1.2%)	3.8%	$110.18	—	IBOXX INV CP ETF	464287242
MAIN	MAIN STR CAP CORP	17,045 (+35.5%)	$884K (+32.8%)	0.2%	$57.15	—	COM	56035L104
EPP	ISHARES INC	64,474 (+5.8%)	$3.434M (+6.0%)	0.7%	$50.62	—	MSCI PAC JP ETF	464286665
XHB	SPDR SERIES TRUST	9,697 (+1.3%)	$1.12M (+19.9%)	0.2%	$103.33	—	ST STR SP HOME	78464A888
GSBD	GOLDMAN SACHS BDC INC	79,546 (+20.5%)	$780K (+31.3%)	0.2%	$9.78	—	SHS	38147U107
VEA	VANGUARD TAX-MANAGED FDS	5,723 (+64.4%)	$408K (+82.8%)	0.1%	$66.89	—	VAN FTSE DEV MKT	921943858
IEUS	ISHARES TR	19,677 (+8.7%)	$1.362M (+13.5%)	0.3%	$68.41	—	DEVSMCP EXNA ETF	464288497
EDIV	SPDR INDEX SHS FDS	35,431 (+7.4%)	$1.451M (+11.4%)	0.3%	$39.27	—	ST MAR DIVID ETF	78463X533
PSP	INVESCO EXCHANGE TRADED FD T	10,542 (+35.7%)	$587K (+33.8%)	0.1%	$64.08	—	GBL LISTED PVT	46137V118
EUFN	ISHARES TR	13,161 (+24.7%)	$513K (+39.5%)	0.1%	$37.47	—	MSCI EURO FL ETF	464289180
LONZ	PIMCO ETF TR	171,747 (+1.8%)	$8.469M (+1.7%)	1.8%	$50.77	—	SR LN ACTIVE ETF	72201R627
IEF	ISHARES TR	180,881 (+1.6%)	$17.11M (+0.7%)	3.6%	$96.08	—	7-10 YR TRSY BD	464287440
BKLN	INVESCO EXCH TRADED FD TR II	304,818 (+1.5%)	$6.209M (+1.3%)	1.3%	$20.41	—	SR LN ETF	46138G508
TRP	TC ENERGY CORP	12,617 (+2.9%)	$853K (+10.3%)	0.2%	$53.75	—	COM	87807B107
VNQI	VANGUARD INTL EQUITY INDEX F	39,929 (+3.2%)	$1.791M (+4.1%)	0.4%	$45.68	—	GLB EX US ETF	922042676
IEMG	ISHARES INC	3,696 (+5.6%)	$306K (+25.4%)	0.1%	$70.44	—	CORE MSCI EMKT	46434G103
PGX	INVESCO EXCH TRADED FD TR II	465,571 (+1.5%)	$5.047M (+1.1%)	1.1%	$11.11	—	PFD ETF	46138E511
COP	CONOCOPHILLIPS	2,962 (+8.6%)	$308K (-14.5%)	0.1%	$91.12	—	COM	20825C104
BN	BROOKFIELD CORP	14,235 (+3.2%)	$606K (+9.4%)	0.1%	$45.46	—	CL A LTD VT SH	11271J107
IEUR	ISHARES TR	5,178 (+5.7%)	$389K (+13.0%)	0.1%	$71.20	—	CORE MSCI EURO	46434V738
SHYG	ISHARES TR	54,019 (+1.5%)	$2.291M (+1.8%)	0.5%	$42.86	—	0-5YR HI YL CP	46434V407
EWJV	ISHARES TR	13,003 (+1.8%)	$572K (+4.9%)	0.1%	$39.80	—	MSCI JP VALUE	46435U374
BIZD	VANECK ETF TRUST	76,064 (+3.9%)	$963K (+2.7%)	0.2%	$14.12	—	BDC INCOME ETF	92189F411
KWEB	KRANESHARES TRUST	18,917 (+21.1%)	$463K (+4.3%)	0.1%	$32.39	—	CSI CHI INTERNET	500767306
IEI	ISHARES TR	117,308 (+1.1%)	$13.78M (+0.1%)	2.9%	$119.29	—	3 7 YR TREAS BD	464288661
OBDC	BLUE OWL CAPITAL CORPORATION	51,302 (+4.1%)	$574K (+2.0%)	0.1%	$12.27	—	COM	69121K104
XOM	EXXON MOBIL CORP	1,741 (+20.3%)	$238K (-3.0%)	0.1%	$138.40	—	COM	30231G102
AMLP	ALPS ETF TR	14,742 (+1.8%)	$764K (+0.3%)	0.2%	$47.10	—	ALERIAN MLP	00162Q452
VOOG	VANGUARD ADMIRAL FDS INC	2,494 (+397.8%)	$206K (+0.9%)	0.0%	$155.33	—	500 GRTH IDX F	921932505
KKR	KKR & CO INC	17,433 (+1.0%)	$1.591M (+0.1%)	0.3%	$123.79	—	COM	48251W104

Exited Positions (5)

QQQM INVESCO EXCH TRADED FD TR II 0.8%

Value $3.823M Shares 16,089 Est. Cost $250.15 Unrealized —

CRCL CIRCLE INTERNET GROUP INC 0.2%

Value $728K Shares 7,628 Est. Cost $103.35 Unrealized —

TSLA TESLA INC 0.1%

Value $392K Shares 1,054 Est. Cost $443.29 Unrealized —

IQV IQVIA HLDGS INC 0.1%

Value $293K Shares 1,721 Est. Cost $215.76 Unrealized —

DBRG DIGITALBRIDGE GROUP INC 0.0%

Value $195K Shares 12,625 Est. Cost $15.39 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QQQM	INVESCO EXCH TRADED FD TR II	16,089	$3.823M	0.8%	$250.15	—	—	46138G649
CRCL	CIRCLE INTERNET GROUP INC	7,628	$728K	0.2%	$103.35	—	—	172573107
TSLA	TESLA INC	1,054	$392K	0.1%	$443.29	—	—	88160R101
IQV	IQVIA HLDGS INC	1,721	$293K	0.1%	$215.76	—	—	46266C105
DBRG	DIGITALBRIDGE GROUP INC	12,625	$195K	0.0%	$15.39	—	—	25401T603

Decreased Positions (26)

SPY STATE STR SPDR S&P 500 ETF T 4.8%

Value $22.66M (-52.5%) Shares 30,274 (-58.6%) Est. Cost $653.46 Unrealized —

QQQ INVESCO QQQ TR 2.3%

Value $11.07M (-34.4%) Shares 15,025 (-48.6%) Est. Cost $614.31 Unrealized —

PSCT INVESCO EXCH TRADED FD TR II 1.0%

Value $4.779M (+45.1%) Shares 51,743 (-5.6%) Est. Cost $56.61 Unrealized —

SPYM SPDR SERIES TRUST 2.2%

Value $10.56M (+9.2%) Shares 120,183 (-4.9%) Est. Cost $80.22 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.2%

Value $835K (+122.2%) Shares 1,437 (-22.2%) Est. Cost $224.60 Unrealized —

SMH VANECK ETF TRUST 0.2%

Value $1.066M (+66.7%) Shares 1,625 (-2.6%) Est. Cost $360.11 Unrealized —

ARM ARM HOLDINGS PLC 0.1%

Value $430K (+68.9%) Shares 1,212 (-27.9%) Est. Cost $151.28 Unrealized —

MU MICRON TECHNOLOGY INC 0.1%

Value $489K (+35.9%) Shares 424 (-60.4%) Est. Cost $233.04 Unrealized —

CG CARLYLE GROUP INC 0.2%

Value $757K (-14.3%) Shares 18,103 (-1.6%) Est. Cost $56.28 Unrealized —

IE IVANHOE ELECTRIC INC 0.1%

Value $385K (-24.6%) Shares 40,017 (-7.3%) Est. Cost $14.31 Unrealized —

PSCH INVESCO EXCH TRADED FD TR II 0.1%

Value $498K (+26.1%) Shares 9,514 (-1.7%) Est. Cost $44.24 Unrealized —

FSLR FIRST SOLAR INC 0.1%

Value $483K (+18.5%) Shares 2,049 (-1.6%) Est. Cost $252.20 Unrealized —

RYN RAYONIER INC 0.1%

Value $504K (-9.5%) Shares 23,670 (-12.4%) Est. Cost $20.62 Unrealized —

ON ON SEMICONDUCTOR CORP 0.1%

Value $260K (+25.0%) Shares 2,747 (-18.1%) Est. Cost $64.12 Unrealized —

TWLO TWILIO INC 0.1%

Value $248K (-15.5%) Shares 1,201 (-48.5%) Est. Cost $123.87 Unrealized —

IAT ISHARES TR 0.1%

Value $440K (+11.1%) Shares 7,076 (-4.4%) Est. Cost $55.24 Unrealized —

NET CLOUDFLARE INC 0.1%

Value $274K (-9.3%) Shares 1,119 (-23.7%) Est. Cost $211.53 Unrealized —

ENB ENBRIDGE INC 0.1%

Value $370K (-6.1%) Shares 6,806 (-6.6%) Est. Cost $47.11 Unrealized —

BE BLOOM ENERGY CORP 0.1%

Value $238K (+9.5%) Shares 787 (-51.0%) Est. Cost $144.65 Unrealized —

VNM VANECK ETF TRUST 0.1%

Value $477K (+4.2%) Shares 25,808 (-2.3%) Est. Cost $19.08 Unrealized —

ARES ARES MANAGEMENT CORPORATION 0.3%

Value $1.469M (-1.2%) Shares 13,289 (-2.8%) Est. Cost $154.82 Unrealized —

LIT GLOBAL X FDS 0.0%

Value $202K (-7.7%) Shares 2,567 (-12.6%) Est. Cost $65.02 Unrealized —

BX BLACKSTONE INC 0.3%

Value $1.305M (+1.1%) Shares 11,138 (-1.3%) Est. Cost $151.22 Unrealized —

EWC ISHARES INC 0.1%

Value $420K (+3.2%) Shares 7,294 (-1.9%) Est. Cost $53.93 Unrealized —

IEFA ISHARES TR 0.1%

Value $317K (-1.6%) Shares 3,287 (-7.8%) Est. Cost $89.46 Unrealized —

XLF SELECT SECTOR SPDR TR 0.1%

Value $376K (+1.3%) Shares 7,018 (-6.7%) Est. Cost $54.77 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	30,274 (-58.6%)	$22.66M (-52.5%)	4.8%	$653.46	—	TR UNIT	78462F103
QQQ	INVESCO QQQ TR	15,025 (-48.6%)	$11.07M (-34.4%)	2.3%	$614.31	—	UNIT SER 1	46090E103
PSCT	INVESCO EXCH TRADED FD TR II	51,743 (-5.6%)	$4.779M (+45.1%)	1.0%	$56.61	—	S&P SMLCP INFO	46138E115
SPYM	SPDR SERIES TRUST	120,183 (-4.9%)	$10.56M (+9.2%)	2.2%	$80.22	—	ST STR P500ETF	78464A854
AMD	ADVANCED MICRO DEVICES INC	1,437 (-22.2%)	$835K (+122.2%)	0.2%	$224.60	—	COM	007903107
SMH	VANECK ETF TRUST	1,625 (-2.6%)	$1.066M (+66.7%)	0.2%	$360.11	—	SEMICONDUCTR ETF	92189F676
ARM	ARM HOLDINGS PLC	1,212 (-27.9%)	$430K (+68.9%)	0.1%	$151.28	—	SPONSORED ADS	042068205
MU	MICRON TECHNOLOGY INC	424 (-60.4%)	$489K (+35.9%)	0.1%	$233.04	—	COM	595112103
CG	CARLYLE GROUP INC	18,103 (-1.6%)	$757K (-14.3%)	0.2%	$56.28	—	COM	14316J108
IE	IVANHOE ELECTRIC INC	40,017 (-7.3%)	$385K (-24.6%)	0.1%	$14.31	—	COM	46578C108
PSCH	INVESCO EXCH TRADED FD TR II	9,514 (-1.7%)	$498K (+26.1%)	0.1%	$44.24	—	S&P SMLCP HELT	46138E149
FSLR	FIRST SOLAR INC	2,049 (-1.6%)	$483K (+18.5%)	0.1%	$252.20	—	COM	336433107
RYN	RAYONIER INC	23,670 (-12.4%)	$504K (-9.5%)	0.1%	$20.62	—	COM	754907103
ON	ON SEMICONDUCTOR CORP	2,747 (-18.1%)	$260K (+25.0%)	0.1%	$64.12	—	COM	682189105
TWLO	TWILIO INC	1,201 (-48.5%)	$248K (-15.5%)	0.1%	$123.87	—	CL A	90138F102
IAT	ISHARES TR	7,076 (-4.4%)	$440K (+11.1%)	0.1%	$55.24	—	US REGNL BKS ETF	464288778
NET	CLOUDFLARE INC	1,119 (-23.7%)	$274K (-9.3%)	0.1%	$211.53	—	CL A COM	18915M107
ENB	ENBRIDGE INC	6,806 (-6.6%)	$370K (-6.1%)	0.1%	$47.11	—	COM	29250N105
BE	BLOOM ENERGY CORP	787 (-51.0%)	$238K (+9.5%)	0.1%	$144.65	—	COM CL A	093712107
VNM	VANECK ETF TRUST	25,808 (-2.3%)	$477K (+4.2%)	0.1%	$19.08	—	VANECK VIETNAM	92189F817
ARES	ARES MANAGEMENT CORPORATION	13,289 (-2.8%)	$1.469M (-1.2%)	0.3%	$154.82	—	CL A COM STK	03990B101
LIT	GLOBAL X FDS	2,567 (-12.6%)	$202K (-7.7%)	0.0%	$65.02	—	LITHIUM BTRY ETF	37954Y855
BX	BLACKSTONE INC	11,138 (-1.3%)	$1.305M (+1.1%)	0.3%	$151.22	—	COM	09260D107
EWC	ISHARES INC	7,294 (-1.9%)	$420K (+3.2%)	0.1%	$53.93	—	MSCI CDA ETF	464286509
IEFA	ISHARES TR	3,287 (-7.8%)	$317K (-1.6%)	0.1%	$89.46	—	CORE MSCI EAFE	46432F842
XLF	SELECT SECTOR SPDR TR	7,018 (-6.7%)	$376K (+1.3%)	0.1%	$54.77	—	ST STR FINL ETF	81369Y605

Unchanged Positions (27)

VTV VANGUARD INDEX FDS 2.8%

Value $13.38M Shares 61,411 Est. Cost $190.99 Unrealized —

ICVT ISHARES TR 0.6%

Value $2.737M Shares 22,485 Est. Cost $100.22 Unrealized —

CQQQ INVESCO EXCH TRADED FD TR II 0.2%

Value $1.091M Shares 19,193 Est. Cost $52.04 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 0.3%

Value $1.646M Shares 103,623 Est. Cost $15.82 Unrealized —

XOP SPDR SERIES TRUST 0.2%

Value $798K Shares 5,173 Est. Cost $126.26 Unrealized —

JTEK J P MORGAN EXCHANGE TRADED F 0.1%

Value $413K Shares 3,704 Est. Cost $86.67 Unrealized —

ICLN ISHARES TR 0.2%

Value $961K Shares 46,918 Est. Cost $16.66 Unrealized —

SIVR ABRDN SILVER ETF TRUST 0.1%

Value $369K Shares 6,565 Est. Cost $67.64 Unrealized —

DIA STATE STR SPDR DOW JONES IND 0.2%

Value $770K Shares 1,474 Est. Cost $481.53 Unrealized —

URA GLOBAL X FDS 0.2%

Value $868K Shares 19,861 Est. Cost $44.67 Unrealized —

SLV ISHARES SILVER TR 0.1%

Value $268K Shares 5,020 Est. Cost $64.42 Unrealized —

SGOL ETFS GOLD TR 0.1%

Value $434K Shares 11,358 Est. Cost $41.08 Unrealized —

KRE SPDR SERIES TRUST 0.1%

Value $476K Shares 6,358 Est. Cost $65.08 Unrealized —

IAGG ISHARES TR 1.1%

Value $5.281M Shares 104,367 Est. Cost $50.03 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.1%

Value $524K Shares 2,216 Est. Cost $219.78 Unrealized —

WOOD ISHARES TR 0.1%

Value $618K Shares 9,326 Est. Cost $71.70 Unrealized —

IJH ISHARES TR 0.1%

Value $317K Shares 4,105 Est. Cost $66.00 Unrealized —

EPR EPR PPTYS 0.1%

Value $258K Shares 4,432 Est. Cost $50.17 Unrealized —

KMI KINDER MORGAN INC DEL 0.2%

Value $822K Shares 25,714 Est. Cost $26.91 Unrealized —

XPEL XPEL INC 0.1%

Value $286K Shares 5,766 Est. Cost $41.80 Unrealized —

MLPX GLOBAL X FDS 0.7%

Value $3.306M Shares 44,876 Est. Cost $71.71 Unrealized —

VDC VANGUARD WORLD FD 0.4%

Value $1.788M Shares 7,888 Est. Cost $213.58 Unrealized —

BATT AMPLIFY ETF TR 0.1%

Value $346K Shares 22,609 Est. Cost $13.82 Unrealized —

WY WEYERHAEUSER CO 0.0%

Value $226K Shares 9,429 Est. Cost $22.99 Unrealized —

BCSF BAIN CAP SPECIALTY FIN INC 0.0%

Value $136K Shares 10,878 Est. Cost $13.51 Unrealized —

JOE ST JOE CO 0.1%

Value $280K Shares 4,472 Est. Cost $56.01 Unrealized —

VCIT VANGUARD SCOTTSDALE FDS 0.1%

Value $261K Shares 3,163 Est. Cost $83.75 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VTV	VANGUARD INDEX FDS	61,411	$13.38M	2.8%	$190.99	—	VALUE ETF	922908744
ICVT	ISHARES TR	22,485	$2.737M	0.6%	$100.22	—	CONV BD ETF	46435G102
CQQQ	INVESCO EXCH TRADED FD TR II	19,193	$1.091M	0.2%	$52.04	—	CHINA TECHNLGY	46138E800
PDBC	INVESCO ACTVELY MNGD ETC FD	103,623	$1.646M	0.3%	$15.82	—	OPTIMUM YIELD	46090F100
XOP	SPDR SERIES TRUST	5,173	$798K	0.2%	$126.26	—	SP O&G EXPL PRO	78468R556
JTEK	J P MORGAN EXCHANGE TRADED F	3,704	$413K	0.1%	$86.67	—	U S TEC LEA ETF	46654Q732
ICLN	ISHARES TR	46,918	$961K	0.2%	$16.66	—	GL CLEAN ENE ETF	464288224
SIVR	ABRDN SILVER ETF TRUST	6,565	$369K	0.1%	$67.64	—	PHYSCL SILVR SHS	003264108
DIA	STATE STR SPDR DOW JONES IND	1,474	$770K	0.2%	$481.53	—	UT SER 1	78467X109
URA	GLOBAL X FDS	19,861	$868K	0.2%	$44.67	—	GLOBAL X URANIUM	37954Y871
SLV	ISHARES SILVER TR	5,020	$268K	0.1%	$64.42	—	ISHARES	46428Q109
SGOL	ETFS GOLD TR	11,358	$434K	0.1%	$41.08	—	PHYSCL GOLD SHS	00326A104
KRE	SPDR SERIES TRUST	6,358	$476K	0.1%	$65.08	—	ST STR SP REGBNK	78464A698
IAGG	ISHARES TR	104,367	$5.281M	1.1%	$50.03	—	CORE INTL AGGR	46435G672
VIG	VANGUARD SPECIALIZED FUNDS	2,216	$524K	0.1%	$219.78	—	DIV APP ETF	921908844
WOOD	ISHARES TR	9,326	$618K	0.1%	$71.70	—	GL TIMB FORE ETF	464288174
IJH	ISHARES TR	4,105	$317K	0.1%	$66.00	—	CORE S&P MCP ETF	464287507
EPR	EPR PPTYS	4,432	$258K	0.1%	$50.17	—	COM SH BEN INT	26884U109
KMI	KINDER MORGAN INC DEL	25,714	$822K	0.2%	$26.91	—	COM	49456B101
XPEL	XPEL INC	5,766	$286K	0.1%	$41.80	—	COM	98379L100
MLPX	GLOBAL X FDS	44,876	$3.306M	0.7%	$71.71	—	GLB X MLP ENRG I	37954Y293
VDC	VANGUARD WORLD FD	7,888	$1.788M	0.4%	$213.58	—	CONSUM STP ETF	92204A207
BATT	AMPLIFY ETF TR	22,609	$346K	0.1%	$13.82	—	AMPLIFY LITHIUM	032108805
WY	WEYERHAEUSER CO	9,429	$226K	0.0%	$22.99	—	COM NEW	962166104
BCSF	BAIN CAP SPECIALTY FIN INC	10,878	$136K	0.0%	$13.51	—	COM STK	05684B107
JOE	ST JOE CO	4,472	$280K	0.1%	$56.01	—	COM	790148100
VCIT	VANGUARD SCOTTSDALE FDS	3,163	$261K	0.1%	$83.75	—	INT-TERM CORP	92206C870