Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
KHC	KRAFT HEINZ CO	260,508	$5.919M	2.5%	$22.72	$25.17	-9.7%	COM	500754106
GOOGL	ALPHABET INC	9,650	$3.32M	1.4%	$344.08	$347.07	-0.9%	CAP STK CL A	02079K305
SHLD	GLOBAL X FDS	17,143	$1.03M	0.4%	$60.08	$64.01	-6.1%	DEFENSE TECH ETF	37960A529
INFL	LISTED FDS TR	6,820	$342K	0.1%	$50.14	$52.48	-4.5%	HORI KI INFL ETF	53656F623
EWH	ISHARES INC	14,300	$316K	0.1%	$22.11	$22.45	-1.5%	MSCI HONG KG ETF	464286871
COAL	EXCHANGE TRADED CONCEPTS TRU	12,650	$308K	0.1%	$24.37	$24.82	-1.8%	RANG GL COAL ETF	301505467
COLO	GLOBAL X FDS	4,410	$208K	0.1%	$47.16	$47.30	-0.3%	GLBX MSCI COLUM	37954Y327

Increased Positions (48)

GLD SPDR GOLD TR 17.2%

Value $41.3M (+13.6%) Shares 108,455 (+9.9%) Share Price $380.84 Est. Cost/Share $304.07 Unrealized @ Report Date +25.2%

MOO VANECK ETF TRUST 3.8%

Value $9.026M (+95.9%) Shares 110,790 (+90.4%) Share Price $81.47 Est. Cost/Share $81.80 Unrealized @ Report Date -0.4%

AMZN AMAZON COM INC 2.7%

Value $6.575M (+70.9%) Shares 26,390 (+63.5%) Share Price $249.15 Est. Cost/Share $238.86 Unrealized @ Report Date +4.3%

PFE PFIZER INC 4.0%

Value $9.635M (+24.0%) Shares 337,830 (+4.7%) Share Price $28.52 Est. Cost/Share $25.73 Unrealized @ Report Date +10.8%

BIDU BAIDU INC 2.4%

Value $5.874M (+28.5%) Shares 67,614 (+69.0%) Share Price $86.87 Est. Cost/Share $121.54 Unrealized @ Report Date -28.5%

ETHA ISHARES ETHEREUM TR 1.2%

Value $2.894M (+73.0%) Shares 143,850 (+2.2%) Share Price $20.12 * Est. Cost/Share $7.29 Unrealized @ Report Date -8.0%

GDXJ VANECK ETF TRUST 2.4%

Value $5.863M (+20.7%) Shares 51,450 (+4.1%) Share Price $113.95 Est. Cost/Share $60.55 Unrealized @ Report Date +88.2%

PPLT ABRDN PLATINUM ETF TRUST 3.7%

Value $8.82M (+12.2%) Shares 572,330 (+2.9%) Share Price $15.41 Est. Cost/Share $103.47 Unrealized @ Report Date -85.1%

SILJ AMPLIFY ETF TR 5.0%

Value $11.9M (+8.0%) Shares 436,240 (+2.6%) Share Price $27.28 Est. Cost/Share $22.89 Unrealized @ Report Date +19.2%

XLV SELECT SECTOR SPDR TR 4.1%

Value $9.795M (+9.2%) Shares 58,150 (+2.8%) Share Price $168.44 Est. Cost/Share $149.26 Unrealized @ Report Date +12.8%

OUST OUSTER INC 0.6%

Value $1.392M (-34.7%) Shares 34,518 (+1.2%) Share Price $40.34 Est. Cost/Share $33.71 Unrealized @ Report Date +19.7%

COPX GLOBAL X FDS 2.6%

Value $6.302M (+13.2%) Shares 74,400 (+2.9%) Share Price $84.70 Est. Cost/Share $82.88 Unrealized @ Report Date +2.2%

QCOM QUALCOMM INC 0.4%

Value $878K (+112.0%) Shares 4,773 (+112.8%) Share Price $184.05 Est. Cost/Share $179.59 Unrealized @ Report Date +2.5%

EWJ ISHARES INC 2.5%

Value $6.096M (+7.9%) Shares 62,550 (+3.3%) Share Price $97.46 Est. Cost/Share $67.71 Unrealized @ Report Date +43.9%

MRCY MERCURY SYS INC 0.3%

Value $837K (-31.3%) Shares 10,088 (+1.2%) Share Price $83.00 Est. Cost/Share $83.00 Unrealized @ Report Date +0.0%

SLV ISHARES SILVER TR 4.0%

Value $9.511M (+3.9%) Shares 174,490 (+1.9%) Share Price $54.51 Est. Cost/Share $25.46 Unrealized @ Report Date +114.1%

BABA ALIBABA GROUP HLDG LTD 0.5%

Value $1.258M (+37.3%) Shares 11,700 (+22.5%) Share Price $107.54 Est. Cost/Share $119.41 Unrealized @ Report Date -9.9%

RKLB ROCKET LAB CORP 0.3%

Value $730K (-30.6%) Shares 10,475 (+1.2%) Share Price $69.68 Est. Cost/Share $69.90 Unrealized @ Report Date -0.3%

URNM SPROTT FDS TR 3.4%

Value $8.16M (-2.7%) Shares 171,935 (+7.9%) Share Price $47.46 Est. Cost/Share $52.18 Unrealized @ Report Date -9.1%

GLDM WORLD GOLD TR 0.4%

Value $969K (+22.6%) Shares 11,790 (+18.5%) Share Price $82.18 Est. Cost/Share $88.36 Unrealized @ Report Date -7.0%

FPI FARMLAND PARTNERS INC 0.1%

Value $358K (+55.4%) Shares 31,530 (+32.5%) Share Price $11.35 Est. Cost/Share $10.78 Unrealized @ Report Date —

QUBT QUANTUM COMPUTING INC 0.3%

Value $699K (+18.4%) Shares 82,730 (+35.9%) Share Price $8.45 Est. Cost/Share $9.17 Unrealized @ Report Date -7.8%

XLP SELECT SECTOR SPDR TR 3.6%

Value $8.632M (-1.2%) Shares 107,100 (+1.9%) Share Price $80.60 Est. Cost/Share $83.54 Unrealized @ Report Date -3.5%

LAND GLADSTONE LD CORP 0.1%

Value $250K (+66.2%) Shares 26,400 (+49.8%) Share Price $9.46 Est. Cost/Share $9.79 Unrealized @ Report Date —

IXC ISHARES TR 0.2%

Value $365K (+37.1%) Shares 6,410 (+18.3%) Share Price $56.97 Est. Cost/Share $44.15 Unrealized @ Report Date +29.0%

LB LANDBRIDGE COMPANY LLC 0.2%

Value $363K (+30.1%) Shares 4,470 (+27.0%) Share Price $81.17 Est. Cost/Share $71.30 Unrealized @ Report Date +13.8%

QBTS D-WAVE QUANTUM INC 0.3%

Value $722K (-10.4%) Shares 44,519 (+32.6%) Share Price $16.21 * Est. Cost/Share $20.85 Unrealized @ Report Date -20.5%

RGTI RIGETTI COMPUTING INC 0.3%

Value $791K (+11.5%) Shares 50,241 (+36.9%) Share Price $15.74 Est. Cost/Share $18.31 Unrealized @ Report Date -14.0%

XMHQ INVESCO EXCHANGE TRADED FD T 4.2%

Value $10.1M (+0.8%) Shares 90,420 (+1.9%) Share Price $111.65 Est. Cost/Share $102.37 Unrealized @ Report Date +9.1%

KWEB KRANESHARES TRUST 0.2%

Value $522K (+16.6%) Shares 21,300 (+16.4%) Share Price $24.51 Est. Cost/Share $29.89 Unrealized @ Report Date -18.0%

INDA ISHARES TR 0.2%

Value $482K (+17.5%) Shares 10,320 (+24.0%) Share Price $46.69 Est. Cost/Share $48.82 Unrealized @ Report Date -4.4%

ASHR DBX ETF TR 0.4%

Value $908K (+7.7%) Shares 27,800 (+20.9%) Share Price $32.67 Est. Cost/Share $27.91 Unrealized @ Report Date +17.1%

IONQ IONQ INC 0.4%

Value $917K (+7.3%) Shares 20,906 (+30.3%) Share Price $43.86 Est. Cost/Share $44.05 Unrealized @ Report Date -0.4%

SITM SITIME CORP 0.1%

Value $313K (+24.6%) Shares 480 (+42.4%) Share Price $651.60 Est. Cost/Share $623.32 Unrealized @ Report Date +4.6%

ISRG INTUITIVE SURGICAL INC 0.1%

Value $281K (+26.0%) Shares 690 (+23.2%) Share Price $406.63 Est. Cost/Share $426.49 Unrealized @ Report Date -4.7%

VSAT VIASAT INC 0.1%

Value $214K (-20.7%) Shares 3,046 (+1.2%) Share Price $70.39 Est. Cost/Share $45.36 Unrealized @ Report Date +55.2%

TRUP TRUPANION INC 0.2%

Value $505K (+10.4%) Shares 21,610 (+17.0%) Share Price $23.36 Est. Cost/Share $24.66 Unrealized @ Report Date -5.3%

FRPT FRESHPET INC 0.2%

Value $485K (+10.5%) Shares 8,434 (+13.5%) Share Price $57.56 Est. Cost/Share $57.99 Unrealized @ Report Date -0.7%

USAR USA RARE EARTH INC 0.1%

Value $276K (-13.2%) Shares 19,606 (+33.0%) Share Price $14.08 Est. Cost/Share $21.35 Unrealized @ Report Date -34.1%

WOOF PETCO HEALTH & WELLNESS CO I 0.0%

Value $116K (+43.0%) Shares 51,166 (+71.3%) Share Price $2.27 Est. Cost/Share $2.96 Unrealized @ Report Date -23.2%

MOS MOSAIC CO 0.1%

Value $313K (+10.7%) Shares 14,480 (+8.4%) Share Price $21.65 Est. Cost/Share $25.71 Unrealized @ Report Date -15.8%

LND BRASILAGRO COMPANHIA BRASILE 0.1%

Value $130K (+18.7%) Shares 37,360 (+22.2%) Share Price $3.47 Est. Cost/Share $3.90 Unrealized @ Report Date -11.0%

MP MP MATERIALS CORP 0.2%

Value $448K (+4.0%) Shares 9,483 (+23.2%) Share Price $47.29 Est. Cost/Share $58.95 Unrealized @ Report Date -19.8%

CHWY CHEWY INC 0.2%

Value $387K (+4.4%) Shares 21,284 (+12.8%) Share Price $18.20 Est. Cost/Share $22.60 Unrealized @ Report Date -19.5%

WRD WERIDE INC 0.0%

Value $98,859 (-7.6%) Shares 18,618 (+1.2%) Share Price $5.31 Est. Cost/Share $7.71 Unrealized @ Report Date -31.1%

EQT EQT CORP 0.1%

Value $334K (-2.0%) Shares 6,870 (+7.3%) Share Price $48.56 Est. Cost/Share $57.51 Unrealized @ Report Date -15.6%

ADI ANALOG DEVICES INC 0.1%

Value $251K (+1.1%) Shares 632 (+1.3%) Share Price $396.65 Est. Cost/Share $395.56 Unrealized @ Report Date +0.3%

LEU CENTRUS ENERGY CORP 0.1%

Value $246K (-0.6%) Shares 1,761 (+19.7%) Share Price $139.42 Est. Cost/Share $183.89 Unrealized @ Report Date -24.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GLD	SPDR GOLD TR	108,455 (+9.9%)	$41.3M (+13.6%)	17.2%	$380.84	$304.07	+25.2%	GOLD SHS	78463V107
MOO	VANECK ETF TRUST	110,790 (+90.4%)	$9.026M (+95.9%)	3.8%	$81.47	$81.80	-0.4%	AGRIBUSINESS ETF	92189F700
AMZN	AMAZON COM INC	26,390 (+63.5%)	$6.575M (+70.9%)	2.7%	$249.15	$238.86	+4.3%	COM	023135106
PFE	PFIZER INC	337,830 (+4.7%)	$9.635M (+24.0%)	4.0%	$28.52	$25.73	+10.8%	COM	717081103
BIDU	BAIDU INC	67,614 (+69.0%)	$5.874M (+28.5%)	2.4%	$86.87	$121.54	-28.5%	SPON ADR REP A	056752108
ETHA	ISHARES ETHEREUM TR	143,850 (+2.2%)	$2.894M (+73.0%)	1.2%	$20.12 *	$7.29	-8.0%	SHS	46438R105
GDXJ	VANECK ETF TRUST	51,450 (+4.1%)	$5.863M (+20.7%)	2.4%	$113.95	$60.55	+88.2%	JUNIOR GOLD MINE	92189F791
PPLT	ABRDN PLATINUM ETF TRUST	572,330 (+2.9%)	$8.82M (+12.2%)	3.7%	$15.41	$103.47	-85.1%	PHYSCL PLATM SHS	003260106
SILJ	AMPLIFY ETF TR	436,240 (+2.6%)	$11.9M (+8.0%)	5.0%	$27.28	$22.89	+19.2%	JR SILV MINE ETF	032108649
XLV	SELECT SECTOR SPDR TR	58,150 (+2.8%)	$9.795M (+9.2%)	4.1%	$168.44	$149.26	+12.8%	ST STR CARE ETF	81369Y209
OUST	OUSTER INC	34,518 (+1.2%)	$1.392M (-34.7%)	0.6%	$40.34	$33.71	+19.7%	COM NEW	68989M202
COPX	GLOBAL X FDS	74,400 (+2.9%)	$6.302M (+13.2%)	2.6%	$84.70	$82.88	+2.2%	GLOBAL X COPPER	37954Y830
QCOM	QUALCOMM INC	4,773 (+112.8%)	$878K (+112.0%)	0.4%	$184.05	$179.59	+2.5%	COM	747525103
EWJ	ISHARES INC	62,550 (+3.3%)	$6.096M (+7.9%)	2.5%	$97.46	$67.71	+43.9%	MSCI JAPAN ETF	46434G822
MRCY	MERCURY SYS INC	10,088 (+1.2%)	$837K (-31.3%)	0.3%	$83.00	$83.00	+0.0%	COM	589378108
SLV	ISHARES SILVER TR	174,490 (+1.9%)	$9.511M (+3.9%)	4.0%	$54.51	$25.46	+114.1%	ISHARES	46428Q109
BABA	ALIBABA GROUP HLDG LTD	11,700 (+22.5%)	$1.258M (+37.3%)	0.5%	$107.54	$119.41	-9.9%	SPONSORED ADS	01609W102
RKLB	ROCKET LAB CORP	10,475 (+1.2%)	$730K (-30.6%)	0.3%	$69.68	$69.90	-0.3%	COM	773121108
URNM	SPROTT FDS TR	171,935 (+7.9%)	$8.16M (-2.7%)	3.4%	$47.46	$52.18	-9.1%	URANI MINER ETF	85208P303
GLDM	WORLD GOLD TR	11,790 (+18.5%)	$969K (+22.6%)	0.4%	$82.18	$88.36	-7.0%	SPDR GLD MINIS	98149E303
FPI	FARMLAND PARTNERS INC	31,530 (+32.5%)	$358K (+55.4%)	0.1%	$11.35	$10.78	—	COM	31154R109
QUBT	QUANTUM COMPUTING INC	82,730 (+35.9%)	$699K (+18.4%)	0.3%	$8.45	$9.17	-7.8%	COM	74766W108
XLP	SELECT SECTOR SPDR TR	107,100 (+1.9%)	$8.632M (-1.2%)	3.6%	$80.60	$83.54	-3.5%	ST STR STAPL ETF	81369Y308
LAND	GLADSTONE LD CORP	26,400 (+49.8%)	$250K (+66.2%)	0.1%	$9.46	$9.79	—	COM	376549101
IXC	ISHARES TR	6,410 (+18.3%)	$365K (+37.1%)	0.2%	$56.97	$44.15	+29.0%	GLOBAL ENERG ETF	464287341
LB	LANDBRIDGE COMPANY LLC	4,470 (+27.0%)	$363K (+30.1%)	0.2%	$81.17	$71.30	+13.8%	CL A	514952100
QBTS	D-WAVE QUANTUM INC	44,519 (+32.6%)	$722K (-10.4%)	0.3%	$16.21 *	$20.85	-20.5%	COM	26740W109
RGTI	RIGETTI COMPUTING INC	50,241 (+36.9%)	$791K (+11.5%)	0.3%	$15.74	$18.31	-14.0%	COMMON STOCK	76655K103
XMHQ	INVESCO EXCHANGE TRADED FD T	90,420 (+1.9%)	$10.1M (+0.8%)	4.2%	$111.65	$102.37	+9.1%	S&P MDCP QUALITY	46137V472
KWEB	KRANESHARES TRUST	21,300 (+16.4%)	$522K (+16.6%)	0.2%	$24.51	$29.89	-18.0%	CSI CHI INTERNET	500767306
INDA	ISHARES TR	10,320 (+24.0%)	$482K (+17.5%)	0.2%	$46.69	$48.82	-4.4%	MSCI INDIA ETF	46429B598
ASHR	DBX ETF TR	27,800 (+20.9%)	$908K (+7.7%)	0.4%	$32.67	$27.91	+17.1%	XTRACK HRVST CSI	233051879
IONQ	IONQ INC	20,906 (+30.3%)	$917K (+7.3%)	0.4%	$43.86	$44.05	-0.4%	COM	46222L108
SITM	SITIME CORP	480 (+42.4%)	$313K (+24.6%)	0.1%	$651.60	$623.32	+4.6%	COM	82982T106
ISRG	INTUITIVE SURGICAL INC	690 (+23.2%)	$281K (+26.0%)	0.1%	$406.63	$426.49	-4.7%	COM NEW	46120E602
VSAT	VIASAT INC	3,046 (+1.2%)	$214K (-20.7%)	0.1%	$70.39	$45.36	+55.2%	COM	92552V100
TRUP	TRUPANION INC	21,610 (+17.0%)	$505K (+10.4%)	0.2%	$23.36	$24.66	-5.3%	COM	898202106
FRPT	FRESHPET INC	8,434 (+13.5%)	$485K (+10.5%)	0.2%	$57.56	$57.99	-0.7%	COM	358039105
USAR	USA RARE EARTH INC	19,606 (+33.0%)	$276K (-13.2%)	0.1%	$14.08	$21.35	-34.1%	COM	91733P107
WOOF	PETCO HEALTH & WELLNESS CO I	51,166 (+71.3%)	$116K (+43.0%)	0.0%	$2.27	$2.96	-23.2%	CL A COM	71601V105
MOS	MOSAIC CO	14,480 (+8.4%)	$313K (+10.7%)	0.1%	$21.65	$25.71	-15.8%	COM	61945C103
LND	BRASILAGRO COMPANHIA BRASILE	37,360 (+22.2%)	$130K (+18.7%)	0.1%	$3.47	$3.90	-11.0%	SPONSORED ADR	10554B104
MP	MP MATERIALS CORP	9,483 (+23.2%)	$448K (+4.0%)	0.2%	$47.29	$58.95	-19.8%	COM CL A	553368101
CHWY	CHEWY INC	21,284 (+12.8%)	$387K (+4.4%)	0.2%	$18.20	$22.60	-19.5%	CL A	16679L109
WRD	WERIDE INC	18,618 (+1.2%)	$98,859 (-7.6%)	0.0%	$5.31	$7.71	-31.1%	SPONSORED ADS	950915108
EQT	EQT CORP	6,870 (+7.3%)	$334K (-2.0%)	0.1%	$48.56	$57.51	-15.6%	COM	26884L109
ADI	ANALOG DEVICES INC	632 (+1.3%)	$251K (+1.1%)	0.1%	$396.65	$395.56	+0.3%	COM	032654105
LEU	CENTRUS ENERGY CORP	1,761 (+19.7%)	$246K (-0.6%)	0.1%	$139.42	$183.89	-24.1%	CL A	15643U104

Exited Positions (10)

FCX FREEPORT MCMORAN INC 2.2%

Value $5.355M Shares 85,150 Share Price $62.89 * Est. Cost/Share $46.39 Unrealized @ Report Date +50.9%

CHIQ GLOBAL X FDS 1.3%

Value $3.002M Shares 189,900 Share Price $15.81 Est. Cost/Share $21.20 Unrealized @ Report Date -25.6%

EQNR EQUINOR ASA 1.3%

Value $3.002M Shares 95,650 Share Price $31.39 * Est. Cost/Share $37.35 Unrealized @ Report Date +11.4%

JNJ JOHNSON & JOHNSON 0.1%

Value $277K Shares 1,090 Share Price $253.97 * Est. Cost/Share $233.06 Unrealized @ Report Date +13.6%

ITA ISHARES TR 0.1%

Value $269K Shares 1,110 Share Price $242.42 * Est. Cost/Share $227.71 Unrealized @ Report Date -9.0%

PL PLANET LABS PBC 0.1%

Value $267K Shares 8,056 Share Price $33.13 * Est. Cost/Share $25.54 Unrealized @ Report Date -35.8%

XHS SPDR SERIES TRUST 0.1%

Value $234K Shares 1,770 Share Price $132.10 Est. Cost/Share $113.49 Unrealized @ Report Date +16.6%

XES SPDR SERIES TRUST 0.1%

Value $224K Shares 2,000 Share Price $112.08 * Est. Cost/Share $104.84 Unrealized @ Report Date +2.6%

HXL HEXCEL CORP NEW 0.1%

Value $216K Shares 2,160 Share Price $100.05 * Est. Cost/Share $84.22 Unrealized @ Report Date -0.4%

LUNR INTUITIVE MACHINES INC 0.1%

Value $210K Shares 9,826 Share Price $21.39 * Est. Cost/Share $18.41 Unrealized @ Report Date -22.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FCX	FREEPORT MCMORAN INC	85,150	$5.355M	2.2%	$62.89 *	$46.39	+50.9%	—	35671D857
CHIQ	GLOBAL X FDS	189,900	$3.002M	1.3%	$15.81	$21.20	-25.6%	—	37950E408
EQNR	EQUINOR ASA	95,650	$3.002M	1.3%	$31.39 *	$37.35	+11.4%	—	29446M102
JNJ	JOHNSON & JOHNSON	1,090	$277K	0.1%	$253.97 *	$233.06	+13.6%	—	478160104
ITA	ISHARES TR	1,110	$269K	0.1%	$242.42 *	$227.71	-9.0%	—	464288760
PL	PLANET LABS PBC	8,056	$267K	0.1%	$33.13 *	$25.54	-35.8%	—	72703X106
XHS	SPDR SERIES TRUST	1,770	$234K	0.1%	$132.10	$113.49	+16.6%	—	78464A573
XES	SPDR SERIES TRUST	2,000	$224K	0.1%	$112.08 *	$104.84	+2.6%	—	78468R549
HXL	HEXCEL CORP NEW	2,160	$216K	0.1%	$100.05 *	$84.22	-0.4%	—	428291108
LUNR	INTUITIVE MACHINES INC	9,826	$210K	0.1%	$21.39 *	$18.41	-22.7%	—	46125A100

Decreased Positions (12)

EWZ ISHARES INC 4.0%

Value $9.686M (-50.0%) Shares 260,025 (-53.7%) Share Price $37.25 Est. Cost/Share $33.35 Unrealized @ Report Date +11.7%

MSFT MICROSOFT CORP 2.4%

Value $5.755M (-60.0%) Shares 11,220 (-70.9%) Share Price $512.90 Est. Cost/Share $430.88 Unrealized @ Report Date +19.0%

XOP SPDR SERIES TRUST 0.3%

Value $652K (-92.3%) Shares 3,638 (-93.4%) Share Price $179.26 Est. Cost/Share $166.23 Unrealized @ Report Date +7.9%

ILF ISHARES TR 0.6%

Value $1.434M (-80.2%) Shares 41,560 (-80.6%) Share Price $34.50 Est. Cost/Share $27.73 Unrealized @ Report Date +24.4%

VG VENTURE GLOBAL INC 0.1%

Value $216K (-96.1%) Shares 17,090 (-96.6%) Share Price $12.64 Est. Cost/Share $12.61 Unrealized @ Report Date +0.2%

IBIT ISHARES BITCOIN TRUST ETF 1.6%

Value $3.759M (-45.0%) Shares 79,400 (-61.3%) Share Price $47.34 Est. Cost/Share $45.97 Unrealized @ Report Date +3.0%

FCG FIRST TR EXCHANGE-TRADED FD 2.0%

Value $4.68M (-24.7%) Shares 164,086 (-29.7%) Share Price $28.52 Est. Cost/Share $26.82 Unrealized @ Report Date +6.3%

OXY OCCIDENTAL PETE CORP 1.6%

Value $3.819M (-25.9%) Shares 69,030 (-34.9%) Share Price $55.32 Est. Cost/Share $56.78 Unrealized @ Report Date -2.6%

XLE SELECT SECTOR SPDR TR 2.1%

Value $4.997M (-12.2%) Shares 81,250 (-24.1%) Share Price $61.50 Est. Cost/Share $57.18 Unrealized @ Report Date +7.6%

ASEA GLOBAL X FDS 0.2%

Value $387K (-52.6%) Shares 18,440 (-55.6%) Share Price $20.96 Est. Cost/Share $17.93 Unrealized @ Report Date +16.9%

PICK ISHARES INC 0.2%

Value $566K (-6.9%) Shares 9,460 (-9.6%) Share Price $59.87 Est. Cost/Share $47.21 Unrealized @ Report Date +27.0%

GDX VANECK ETF TRUST 0.4%

Value $918K (-1.1%) Shares 10,460 (-15.0%) Share Price $87.80 Est. Cost/Share $53.59 Unrealized @ Report Date +63.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EWZ	ISHARES INC	260,025 (-53.7%)	$9.686M (-50.0%)	4.0%	$37.25	$33.35	+11.7%	MSCI BRAZIL ETF	464286400
MSFT	MICROSOFT CORP	11,220 (-70.9%)	$5.755M (-60.0%)	2.4%	$512.90	$430.88	+19.0%	COM	594918104
XOP	SPDR SERIES TRUST	3,638 (-93.4%)	$652K (-92.3%)	0.3%	$179.26	$166.23	+7.9%	SP O&G EXPL PRO	78468R556
ILF	ISHARES TR	41,560 (-80.6%)	$1.434M (-80.2%)	0.6%	$34.50	$27.73	+24.4%	LATN AMER 40 ETF	464287390
VG	VENTURE GLOBAL INC	17,090 (-96.6%)	$216K (-96.1%)	0.1%	$12.64	$12.61	+0.2%	COM CL A	92333F101
IBIT	ISHARES BITCOIN TRUST ETF	79,400 (-61.3%)	$3.759M (-45.0%)	1.6%	$47.34	$45.97	+3.0%	SHS BEN INT	46438F101
FCG	FIRST TR EXCHANGE-TRADED FD	164,086 (-29.7%)	$4.68M (-24.7%)	2.0%	$28.52	$26.82	+6.3%	NAT GAS ETF	33733E807
OXY	OCCIDENTAL PETE CORP	69,030 (-34.9%)	$3.819M (-25.9%)	1.6%	$55.32	$56.78	-2.6%	COM	674599105
XLE	SELECT SECTOR SPDR TR	81,250 (-24.1%)	$4.997M (-12.2%)	2.1%	$61.50	$57.18	+7.6%	ST STR ENERG ETF	81369Y506
ASEA	GLOBAL X FDS	18,440 (-55.6%)	$387K (-52.6%)	0.2%	$20.96	$17.93	+16.9%	GBL X FTSE ETF	37950E648
PICK	ISHARES INC	9,460 (-9.6%)	$566K (-6.9%)	0.2%	$59.87	$47.21	+27.0%	MSCI GBL ETF NEW	46434G848
GDX	VANECK ETF TRUST	10,460 (-15.0%)	$918K (-1.1%)	0.4%	$87.80	$53.59	+63.8%	GOLD MINERS ETF	92189F106

Unchanged Positions (12)

RDW REDWIRE CORPORATION 1.9%

Value $4.577M Shares 438,383 Share Price $10.44 Est. Cost/Share $12.18 Unrealized @ Report Date -14.3%

NICE NICE LTD 1.5%

Value $3.666M Shares 32,950 Share Price $111.27 Est. Cost/Share $147.11 Unrealized @ Report Date -24.4%

PBR PETROLEO BRASILEIRO S A 0.1%

Value $234K Shares 11,199 Share Price $20.87 Est. Cost/Share $19.54 Unrealized @ Report Date +6.8%

SHY ISHARES TR 1.6%

Value $3.757M Shares 46,269 Share Price $81.20 Est. Cost/Share $82.89 Unrealized @ Report Date -2.0%

CIBR FIRST TR EXCHANGE-TRADED FD 0.1%

Value $253K Shares 2,450 Share Price $103.09 Est. Cost/Share $67.06 Unrealized @ Report Date +53.7%

C CITIGROUP INC 0.2%

Value $370K Shares 2,858 Share Price $129.48 Est. Cost/Share $74.53 Unrealized @ Report Date +73.7%

EPU ISHARES TR 0.1%

Value $268K Shares 3,020 Share Price $88.73 Est. Cost/Share $83.27 Unrealized @ Report Date +6.6%

EWW ISHARES INC 0.1%

Value $229K Shares 3,220 Share Price $71.09 Est. Cost/Share $77.60 Unrealized @ Report Date -8.4%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.1%

Value $274K Shares 600 Share Price $456.19 Est. Cost/Share $344.13 Unrealized @ Report Date +32.6%

BIIB BIOGEN INC 0.1%

Value $226K Shares 1,000 Share Price $225.88 Est. Cost/Share $191.29 Unrealized @ Report Date +18.1%

BHP BHP BILLITON LIMITED 0.1%

Value $227K Shares 2,670 Share Price $84.84 Est. Cost/Share $70.67 Unrealized @ Report Date +20.1%

RIO RIO TINTO PLC 0.1%

Value $205K Shares 2,180 Share Price $94.16 Est. Cost/Share $91.16 Unrealized @ Report Date +3.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RDW	REDWIRE CORPORATION	438,383	$4.577M	1.9%	$10.44	$12.18	-14.3%	COM	75776W103
NICE	NICE LTD	32,950	$3.666M	1.5%	$111.27	$147.11	-24.4%	SPONSORED ADR	653656108
PBR	PETROLEO BRASILEIRO S A	11,199	$234K	0.1%	$20.87	$19.54	+6.8%	SPONSORED ADR	71654V408
SHY	ISHARES TR	46,269	$3.757M	1.6%	$81.20	$82.89	-2.0%	1 3 YR TREAS BD	464287457
CIBR	FIRST TR EXCHANGE-TRADED FD	2,450	$253K	0.1%	$103.09	$67.06	+53.7%	NASDAQ CYB ETF	33734X846
C	CITIGROUP INC	2,858	$370K	0.2%	$129.48	$74.53	+73.7%	COM NEW	172967424
EPU	ISHARES TR	3,020	$268K	0.1%	$88.73	$83.27	+6.6%	MSCI PERU GL ETF	464289842
EWW	ISHARES INC	3,220	$229K	0.1%	$71.09	$77.60	-8.4%	MSCI MEXICO ETF	464286822
TSM	TAIWAN SEMICONDUCTOR MANUFAC	600	$274K	0.1%	$456.19	$344.13	+32.6%	SPONSORED ADS	874039100
BIIB	BIOGEN INC	1,000	$226K	0.1%	$225.88	$191.29	+18.1%	COM	09062X103
BHP	BHP BILLITON LIMITED	2,670	$227K	0.1%	$84.84	$70.67	+20.1%	SPONSORED ADS	088606108
RIO	RIO TINTO PLC	2,180	$205K	0.1%	$94.16	$91.16	+3.3%	SPONSORED ADR	767204100