Guilbault Capital LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GPIQ	GOLDMAN SACHS ETF TR	18,553	$918	1.0%	$49.49	—	NASDAQ-100 PREMI	38149W630
CLSE	TRUST FOR PROFESSIONAL MANAG	17,264	$486	0.5%	$28.14	—	CONVERGENCE LNG	89834G760
PFFA	ETFIS SER TR I	23,097	$470	0.5%	$20.36	—	VIRTUS INFRCAP	26923G822
MPC	MARATHON PETE CORP	1,186	$290	0.3%	$184.70	0.0%	COM	56585A102
DOW	DOW HLDGS INC	5,734	$239	0.3%	$29.05	0.0%	COM	260557103
NSC	NORFOLK SOUTHN CORP	827	$237	0.3%	$298.18	0.0%	COM	655844108
ETR	ENTERGY CORP NEW	2,000	$225	0.2%	$97.37	0.0%	COM	29364G103
VLO	VALERO ENERGY CORP	904	$223	0.2%	$190.06	0.0%	COM	91913Y100
FJUN	FIRST TR EXCHNG TRADED FD VI	3,873	$219	0.2%	$56.50	—	FT VEST US EQT	33740F722

Increased Positions (18)

COWZ PACER FDS TR 9.6%

Value ($000) $8,749 (+5.7%) Shares 139,857 (+1.7%) Est. Cost $60.21 Unrealized —

BXSL BLACKSTONE SECD LENDING FD 2.4%

Value ($000) $2,222 (+23.4%) Shares 93,786 (+37.1%) Est. Cost $25.92 Unrealized -1.8%

XMMO INVESCO EXCHANGE TRADED FD T 4.6%

Value ($000) $4,194 (+10.1%) Shares 28,923 (+5.2%) Est. Cost $138.78 Unrealized —

MOAT VANECK ETF TRUST 7.1%

Value ($000) $6,502 (-5.6%) Shares 67,241 (+1.1%) Est. Cost $103.48 Unrealized —

MSFT MICROSOFT CORP 0.9%

Value ($000) $780 (-21.8%) Shares 2,106 (+2.2%) Est. Cost $499.17 Unrealized -12.9%

TUSI TOUCHSTONE ETF TRUST 0.6%

Value ($000) $516 (+52.3%) Shares 20,367 (+52.4%) Est. Cost $25.33 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 3.7%

Value ($000) $3,401 (+4.2%) Shares 15,815 (+6.5%) Est. Cost $219.49 Unrealized —

IVE ISHARES TR 3.2%

Value ($000) $2,889 (+3.1%) Shares 13,682 (+3.5%) Est. Cost $212.04 Unrealized —

OBDC BLUE OWL CAPITAL CORPORATION 0.2%

Value ($000) $216 (+58.0%) Shares 19,535 (+77.6%) Est. Cost $12.21 Unrealized -1.5%

IHI ISHARES TR 0.7%

Value ($000) $651 (-10.6%) Shares 12,207 (+4.2%) Est. Cost $61.80 Unrealized —

RDVY FIRST TR EXCHANGE TRADED FD 5.3%

Value ($000) $4,830 (+1.3%) Shares 70,734 (+3.1%) Est. Cost $69.43 Unrealized —

JXN JACKSON FINANCIAL INC 0.4%

Value ($000) $406 (+16.9%) Shares 3,845 (+17.9%) Est. Cost $101.35 Unrealized +13.4%

PEP PEPSICO INC 0.4%

Value ($000) $402 (+11.1%) Shares 2,592 (+2.7%) Est. Cost $146.13 Unrealized +5.9%

PG PROCTER & GAMBLE CO 1.1%

Value ($000) $979 (+4.0%) Shares 6,778 (+3.2%) Est. Cost $147.31 Unrealized +3.0%

COWG PACER FDS TR 5.5%

Value ($000) $5,058 (+0.5%) Shares 149,913 (+4.8%) Est. Cost $35.14 Unrealized —

USMV ISHARES TR 0.3%

Value ($000) $295 (+6.4%) Shares 3,177 (+8.0%) Est. Cost $94.06 Unrealized —

RSPT INVESCO EXCHANGE TRADED FD T 0.4%

Value ($000) $328 (+0.8%) Shares 7,251 (+1.3%) Est. Cost $45.51 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.2%

Value ($000) $222 (-0.5%) Shares 341 (+4.3%) Est. Cost $680.62 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COWZ	PACER FDS TR	139,857 (+1.7%)	$8,749 (+5.7%)	9.6%	$60.21	—	US CASH COWS 100	69374H881
BXSL	BLACKSTONE SECD LENDING FD	93,786 (+37.1%)	$2,222 (+23.4%)	2.4%	$25.92	-1.8%	COMMON STOCK	09261X102
XMMO	INVESCO EXCHANGE TRADED FD T	28,923 (+5.2%)	$4,194 (+10.1%)	4.6%	$138.78	—	S&P MDCP MOMNTUM	46137V464
MOAT	VANECK ETF TRUST	67,241 (+1.1%)	$6,502 (-5.6%)	7.1%	$103.48	—	MRNGSTR WDE MOAT	92189F643
MSFT	MICROSOFT CORP	2,106 (+2.2%)	$780 (-21.8%)	0.9%	$499.17	-12.9%	COM	594918104
TUSI	TOUCHSTONE ETF TRUST	20,367 (+52.4%)	$516 (+52.3%)	0.6%	$25.33	—	ULTRA SHORT INCM	89157W301
VIG	VANGUARD SPECIALIZED FUNDS	15,815 (+6.5%)	$3,401 (+4.2%)	3.7%	$219.49	—	DIV APP ETF	921908844
IVE	ISHARES TR	13,682 (+3.5%)	$2,889 (+3.1%)	3.2%	$212.04	—	S&P 500 VAL ETF	464287408
OBDC	BLUE OWL CAPITAL CORPORATION	19,535 (+77.6%)	$216 (+58.0%)	0.2%	$12.21	-1.5%	COM	69121K104
IHI	ISHARES TR	12,207 (+4.2%)	$651 (-10.6%)	0.7%	$61.80	—	U.S. MED DVC ETF	464288810
RDVY	FIRST TR EXCHANGE TRADED FD	70,734 (+3.1%)	$4,830 (+1.3%)	5.3%	$69.43	—	RISNG DIVD ACHIV	33738R506
JXN	JACKSON FINANCIAL INC	3,845 (+17.9%)	$406 (+16.9%)	0.4%	$101.35	+13.4%	COM CL A	46817M107
PEP	PEPSICO INC	2,592 (+2.7%)	$402 (+11.1%)	0.4%	$146.13	+5.9%	COM	713448108
PG	PROCTER & GAMBLE CO	6,778 (+3.2%)	$979 (+4.0%)	1.1%	$147.31	+3.0%	COM	742718109
COWG	PACER FDS TR	149,913 (+4.8%)	$5,058 (+0.5%)	5.5%	$35.14	—	US LRG CP CASH	69374H360
USMV	ISHARES TR	3,177 (+8.0%)	$295 (+6.4%)	0.3%	$94.06	—	MSCI USA MIN VOL	46429B697
RSPT	INVESCO EXCHANGE TRADED FD T	7,251 (+1.3%)	$328 (+0.8%)	0.4%	$45.51	—	S&P500 EQL TEC	46137V282
SPY	STATE STR SPDR S&P 500 ETF T	341 (+4.3%)	$222 (-0.5%)	0.2%	$680.62	—	TR UNIT	78462F103

Exited Positions (4)

PSA PUBLIC STORAGE OPER CO 0.3%

Value ($000) $292 Shares 1,127 Est. Cost $277.29 Unrealized -6.8%

CTA SIMPLIFY EXCHANGE TRADED FUN 0.3%

Value ($000) $283 Shares 10,365 Est. Cost $27.26 Unrealized —

WAY WAYSTAR HLDG CORP 0.2%

Value ($000) $214 Shares 6,526 Est. Cost $35.62 Unrealized -22.8%

ABR ARBOR REALTY TRUST INC 0.1%

Value ($000) $102 Shares 13,141 Est. Cost $7.76 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PSA	PUBLIC STORAGE OPER CO	1,127	$292	0.3%	$277.29	-6.8%	—	74460D109
CTA	SIMPLIFY EXCHANGE TRADED FUN	10,365	$283	0.3%	$27.26	—	—	82889N699
WAY	WAYSTAR HLDG CORP	6,526	$214	0.2%	$35.62	-22.8%	—	946784105
ABR	ARBOR REALTY TRUST INC	13,141	$102	0.1%	$7.76	—	—	038923108

Decreased Positions (19)

GLD SPDR GOLD TR 0.8%

Value ($000) $694 (-64.0%) Shares 1,613 (-66.9%) Est. Cost $396.31 Unrealized —

MELI MERCADOLIBRE INC 0.4%

Value ($000) $387 (-51.4%) Shares 224 (-43.4%) Est. Cost $2100.46 Unrealized -1.6%

IBM INTERNATIONAL BUSINESS MACHS 1.3%

Value ($000) $1,147 (-23.2%) Shares 4,732 (-6.1%) Est. Cost $298.78 Unrealized -5.0%

META META PLATFORMS INC 1.5%

Value ($000) $1,351 (-17.8%) Shares 2,361 (-5.2%) Est. Cost $667.32 Unrealized -1.8%

GOOGL ALPHABET INC 1.9%

Value ($000) $1,755 (-13.8%) Shares 6,103 (-6.1%) Est. Cost $285.60 Unrealized +13.2%

MEDP MEDPACE HLDGS INC 1.3%

Value ($000) $1,161 (-19.4%) Shares 2,418 (-5.7%) Est. Cost $567.64 Unrealized -4.5%

QQQH NEOS ETF TRUST 1.9%

Value ($000) $1,711 (-12.3%) Shares 33,393 (-7.1%) Est. Cost $54.30 Unrealized —

LYB LYONDELLBASELL INDUSTRIES NV 0.5%

Value ($000) $483 (+74.8%) Shares 6,000 (-6.0%) Est. Cost $44.45 Unrealized +17.9%

MAA MID-AMER APT CMNTYS INC 0.4%

Value ($000) $343 (-29.2%) Shares 2,810 (-19.4%) Est. Cost $133.00 Unrealized +4.6%

FTLS FIRST TR EXCH TRADED FD III 4.7%

Value ($000) $4,277 (-3.0%) Shares 60,791 (-2.1%) Est. Cost $70.99 Unrealized —

NOBL PROSHARES TR 0.5%

Value ($000) $465 (-19.0%) Shares 4,391 (-20.5%) Est. Cost $104.07 Unrealized —

ENSG ENSIGN GROUP INC 0.3%

Value ($000) $246 (-27.6%) Shares 1,221 (-37.4%) Est. Cost $179.59 Unrealized +5.1%

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $619 (+16.3%) Shares 2,534 (-1.6%) Est. Cost $197.01 Unrealized +15.7%

AAPL APPLE INC 0.9%

Value ($000) $811 (-9.5%) Shares 3,195 (-3.0%) Est. Cost $268.34 Unrealized -2.1%

XLP SELECT SECTOR SPDR TR 2.3%

Value ($000) $2,096 (+3.8%) Shares 25,565 (-1.7%) Est. Cost $77.68 Unrealized —

JPM JPMORGAN CHASE & CO 0.6%

Value ($000) $548 (-11.3%) Shares 1,862 (-2.9%) Est. Cost $309.53 Unrealized +0.6%

ABBV ABBVIE INC 0.6%

Value ($000) $577 (-6.5%) Shares 2,655 (-1.8%) Est. Cost $227.54 Unrealized -2.2%

VTI VANGUARD INDEX FDS 0.5%

Value ($000) $486 (-6.5%) Shares 1,515 (-2.3%) Est. Cost $335.27 Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.4%

Value ($000) $387 (-3.0%) Shares 2,957 (-11.3%) Est. Cost $114.81 Unrealized +9.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TR	1,613 (-66.9%)	$694 (-64.0%)	0.8%	$396.31	—	GOLD SHS	78463V107
MELI	MERCADOLIBRE INC	224 (-43.4%)	$387 (-51.4%)	0.4%	$2100.46	-1.6%	COM	58733R102
IBM	INTERNATIONAL BUSINESS MACHS	4,732 (-6.1%)	$1,147 (-23.2%)	1.3%	$298.78	-5.0%	COM	459200101
META	META PLATFORMS INC	2,361 (-5.2%)	$1,351 (-17.8%)	1.5%	$667.32	-1.8%	CL A	30303M102
GOOGL	ALPHABET INC	6,103 (-6.1%)	$1,755 (-13.8%)	1.9%	$285.60	+13.2%	CAP STK CL A	02079K305
MEDP	MEDPACE HLDGS INC	2,418 (-5.7%)	$1,161 (-19.4%)	1.3%	$567.64	-4.5%	COM	58506Q109
QQQH	NEOS ETF TRUST	33,393 (-7.1%)	$1,711 (-12.3%)	1.9%	$54.30	—	NASDAQ 100 HDGD	78433H576
LYB	LYONDELLBASELL INDUSTRIES NV	6,000 (-6.0%)	$483 (+74.8%)	0.5%	$44.45	+17.9%	SHS - A -	N53745100
MAA	MID-AMER APT CMNTYS INC	2,810 (-19.4%)	$343 (-29.2%)	0.4%	$133.00	+4.6%	COM	59522J103
FTLS	FIRST TR EXCH TRADED FD III	60,791 (-2.1%)	$4,277 (-3.0%)	4.7%	$70.99	—	LNG/SHT EQUITY	33739P103
NOBL	PROSHARES TR	4,391 (-20.5%)	$465 (-19.0%)	0.5%	$104.07	—	S&P 500 DV ARIST	74348A467
ENSG	ENSIGN GROUP INC	1,221 (-37.4%)	$246 (-27.6%)	0.3%	$179.59	+5.1%	COM	29358P101
JNJ	JOHNSON & JOHNSON	2,534 (-1.6%)	$619 (+16.3%)	0.7%	$197.01	+15.7%	COM	478160104
AAPL	APPLE INC	3,195 (-3.0%)	$811 (-9.5%)	0.9%	$268.34	-2.1%	COM	037833100
XLP	SELECT SECTOR SPDR TR	25,565 (-1.7%)	$2,096 (+3.8%)	2.3%	$77.68	—	STATE STREET CON	81369Y308
JPM	JPMORGAN CHASE & CO	1,862 (-2.9%)	$548 (-11.3%)	0.6%	$309.53	+0.6%	COM	46625H100
ABBV	ABBVIE INC	2,655 (-1.8%)	$577 (-6.5%)	0.6%	$227.54	-2.2%	COM	00287Y109
VTI	VANGUARD INDEX FDS	1,515 (-2.3%)	$486 (-6.5%)	0.5%	$335.27	—	TOTAL STK MKT	922908769
JCI	JOHNSON CONTROLS INTERNATION	2,957 (-11.3%)	$387 (-3.0%)	0.4%	$114.81	+9.8%	SHS	G51502105

Unchanged Positions (21)

PAVE GLOBAL X FDS 6.4%

Value ($000) $5,857 Shares 115,273 Est. Cost $47.79 Unrealized —

XOM EXXON MOBIL CORP 1.0%

Value ($000) $912 Shares 5,373 Est. Cost $115.49 Unrealized +20.1%

CVX CHEVRON CORPORATION 1.1%

Value ($000) $959 Shares 4,637 Est. Cost $151.40 Unrealized +13.5%

SPGI S&P GLOBAL INC 1.0%

Value ($000) $953 Shares 2,240 Est. Cost $494.21 Unrealized -1.8%

NOC NORTHROP GRUMMAN CORP 1.4%

Value ($000) $1,268 Shares 1,858 Est. Cost $578.81 Unrealized +16.4%

UNP UNION PAC CORP 4.7%

Value ($000) $4,282 Shares 17,650 Est. Cost $227.32 Unrealized +7.0%

AMZN AMAZON COM INC 1.8%

Value ($000) $1,619 Shares 7,772 Est. Cost $228.79 Unrealized -0.9%

ETON ETON PHARMACEUTICALS INC 0.6%

Value ($000) $573 Shares 23,225 Est. Cost $17.60 Unrealized -9.1%

KO COCA COLA CO 1.7%

Value ($000) $1,514 Shares 19,905 Est. Cost $69.40 Unrealized +7.7%

Q QNITY ELECTRONICS INC 0.4%

Value ($000) $331 Shares 2,866 Est. Cost $84.91 Unrealized +19.2%

CTVA CORTEVA INC 0.5%

Value ($000) $480 Shares 5,734 Est. Cost $64.54 Unrealized +12.7%

MO ALTRIA GROUP INC 0.7%

Value ($000) $654 Shares 9,904 Est. Cost $59.36 Unrealized +6.2%

HII HUNTINGTON INGALLS INDS INC 0.7%

Value ($000) $637 Shares 1,676 Est. Cost $309.50 Unrealized +32.6%

OKE ONEOK INC NEW 0.4%

Value ($000) $329 Shares 3,636 Est. Cost $70.46 Unrealized +11.5%

MS MORGAN STANLEY 0.6%

Value ($000) $512 Shares 3,110 Est. Cost $166.47 Unrealized +7.9%

DD DUPONT DE NEMOURS INC 0.3%

Value ($000) $263 Shares 5,734 Est. Cost $37.39 Unrealized +23.3%

JEPI J P MORGAN EXCHANGE TRADED F 2.7%

Value ($000) $2,472 Shares 43,615 Est. Cost $57.24 Unrealized —

PM PHILIP MORRIS INTL INC 0.9%

Value ($000) $862 Shares 5,215 Est. Cost $153.57 Unrealized +14.5%

BTI BRITISH AMERN TOB PLC 0.5%

Value ($000) $413 Shares 7,071 Est. Cost $56.62 Unrealized —

RTX RTX CORPORATION 0.3%

Value ($000) $264 Shares 1,369 Est. Cost $173.32 Unrealized +13.4%

ALL ALLSTATE CORP 0.7%

Value ($000) $628 Shares 3,030 Est. Cost $204.09 Unrealized -0.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PAVE	GLOBAL X FDS	115,273	$5,857	6.4%	$47.79	—	US INFR DEV ETF	37954Y673
XOM	EXXON MOBIL CORP	5,373	$912	1.0%	$115.49	+20.1%	COM	30231G102
CVX	CHEVRON CORPORATION	4,637	$959	1.1%	$151.40	+13.5%	COM	166764100
SPGI	S&P GLOBAL INC	2,240	$953	1.0%	$494.21	-1.8%	COM	78409V104
NOC	NORTHROP GRUMMAN CORP	1,858	$1,268	1.4%	$578.81	+16.4%	COM	666807102
UNP	UNION PAC CORP	17,650	$4,282	4.7%	$227.32	+7.0%	COM	907818108
AMZN	AMAZON COM INC	7,772	$1,619	1.8%	$228.79	-0.9%	COM	023135106
ETON	ETON PHARMACEUTICALS INC	23,225	$573	0.6%	$17.60	-9.1%	COM	29772L108
KO	COCA COLA CO	19,905	$1,514	1.7%	$69.40	+7.7%	COM	191216100
Q	QNITY ELECTRONICS INC	2,866	$331	0.4%	$84.91	+19.2%	COMMON STOCK	74743L100
CTVA	CORTEVA INC	5,734	$480	0.5%	$64.54	+12.7%	COM	22052L104
MO	ALTRIA GROUP INC	9,904	$654	0.7%	$59.36	+6.2%	COM	02209S103
HII	HUNTINGTON INGALLS INDS INC	1,676	$637	0.7%	$309.50	+32.6%	COM	446413106
OKE	ONEOK INC NEW	3,636	$329	0.4%	$70.46	+11.5%	COM	682680103
MS	MORGAN STANLEY	3,110	$512	0.6%	$166.47	+7.9%	COM NEW	617446448
DD	DUPONT DE NEMOURS INC	5,734	$263	0.3%	$37.39	+23.3%	COM	26614N102
JEPI	J P MORGAN EXCHANGE TRADED F	43,615	$2,472	2.7%	$57.24	—	EQUITY PREMIUM	46641Q332
PM	PHILIP MORRIS INTL INC	5,215	$862	0.9%	$153.57	+14.5%	COM	718172109
BTI	BRITISH AMERN TOB PLC	7,071	$413	0.5%	$56.62	—	SPONSORED ADR	110448107
RTX	RTX CORPORATION	1,369	$264	0.3%	$173.32	+13.4%	COM	75513E101
ALL	ALLSTATE CORP	3,030	$628	0.7%	$204.09	-0.6%	COM	020002101