Pine Valley Investments Ltd Liability Co

Name: Pine Valley Investments Ltd Liability Co 13F holdings, Q3 2025
Creator: Pine Valley Investments Ltd Liability Co
Published: 2026-02-17

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed February 17, 2026), Pine Valley Investments Ltd Liability Co reported 517 stock positions worth $1.9 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 4.6% of the portfolio, followed by Warner Bros Discovery (WBD, 3.7%) and Apple (AAPL, 3.5%). Compared with Q2 2025, it opened 33 new positions, sold out of 24, added to 276 and reduced 169. The biggest buy was a new position in Centene (CNC) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −82%).

Most Recent 13F: Q2 2026
Location: MARLTON, NJ
CIK: 0001975417
Portfolio Value: $1.9B (Q3 2025)
SEC Filing: 0001975417-26-000006 ↗ filed Feb 17, 2026

Holdings Value

Holdings 517 stocks · $1.9B


SPY SS SPDR S&P 500 ETF Trust-US	4.64%	133,398	$89.1M	Add +3.3%
WBD Warner Bros Discovery Inc.	3.72%	3,650,674	$71.3M	Reduce -9.3%
AAPL Apple Inc.	3.49%	263,073	$67.0M	Add +0.4%
NVDA Nvidia Corp.	3.28%	336,867	$62.9M	Reduce -1.3%
MSFT Microsoft Corp.	2.64%	97,717	$50.6M	Add +7.8%
CNC Centene Corp.	1.88%	1,008,985	$36.0M	New
QQQ Invesco QQQ Trust Series 1	1.50%	47,975	$28.8M	Add +4.0%
GOOG Alphabet Inc. Class C	1.46%	115,422	$28.1M	Reduce -0.0%
AMZN Amazon.com Inc.	1.39%	121,448	$26.7M	Add +23.7%
AGO Assured Guaranty Ltd.	1.33%	300,957	$25.5M	New
DIAL Columbia Divers Fix Inc. ETF	1.26%	1,315,483	$24.3M	Add +5.7%
EQT Eqt Corp.	1.26%	444,143	$24.2M	Add +9.0%
UITB Victoryshares Core Intermedi	1.26%	508,081	$24.1M	Add +9.6%
JNJ Johnson & Johnson	1.17%	121,516	$22.5M	Reduce -0.4%
FTCB FT Core Investment Grade ETF	1.16%	1,046,708	$22.3M	Add +3.6%
GOOGL Alphabet Inc. Class A	1.11%	87,254	$21.2M	Reduce -0.8%
CZR Caesars Entertainment Inc.	1.10%	783,611	$21.2M	Add +45.7%
META Meta Platforms Inc. Class A	1.09%	28,580	$21.0M	Add +2.9%
RDVY First Trust Rising Dividend	1.05%	299,298	$20.1M	Add +3.5%
PDS Precision Drilling Corp.	1.02%	348,186	$19.6M	Reduce -4.4%
JAAA Janus Henderson Aaa Clo ETF	0.95%	358,519	$18.2M	Add +5.3%
JBND JPMorgan Active Bond ETF	0.90%	318,017	$17.2M	Add +3.8%
ABBV Abbvie Inc.	0.88%	73,207	$17.0M	Reduce -8.8%
IVV iShares Core S&P 500 ETF	0.88%	25,273	$16.9M	Reduce -0.8%
XOM Exxon Mobil Corp.	0.86%	146,778	$16.5M	Add +1.9%
SDVY First Trust Smid Cap Rising	0.85%	430,566	$16.4M	Add +3.3%
MMM 3M Co.	0.83%	102,375	$15.9M	Add +0.1%
FTNT Fortinet Inc.	0.80%	182,355	$15.3M	Add +35.3%
JPM JPMorgan Chase & Co.	0.78%	47,418	$15.0M	Reduce -5.8%
ORCL Oracle Corp.	0.76%	52,086	$14.6M	Reduce -4.3%
HOG Harley-Davidson Inc.	0.73%	501,699	$14.0M	Reduce -20.9%
HD Home Depot Inc.	0.72%	34,238	$13.9M	Reduce -2.9%
TDIV FT Nasdaq Tech DVD Index FD	0.72%	140,447	$13.8M	Add +1.7%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F	0.68%	226,778	$13.0M	Add +5.8%
VEA Vanguard Ftse Developed ETF	0.66%	212,434	$12.7M	Add +2.9%
V Visa Inc. Class A	0.64%	36,126	$12.3M	Reduce -21.5%
JMBS Janus Henderson Mortg Backed	0.64%	267,500	$12.2M	Add +6.1%
PLTR Palantir Technologies Inc. Class A	0.63%	66,325	$12.1M	Reduce -0.7%
ISPY Proshares S&P High Incom ETF	0.61%	260,332	$11.7M	Add +3.5%
PYPL PayPal Holdings Inc.	0.60%	171,414	$11.5M	Reduce -35.2%
VOO Vanguard S&P 500 ETF	0.58%	18,078	$11.1M	Add +1.0%
UNH Unitedhealth Group Inc.	0.58%	31,969	$11.0M	Reduce -11.1%
TSLA Tesla Inc.	0.55%	23,790	$10.6M	Add +5.0%
SMIG Bahl & Gaynor S/M Inc. Growth	0.55%	353,085	$10.5M	Add +4.9%
MOS The Mosaic Co.	0.53%	295,898	$10.3M	Add +8.5%
IQV Iqvia Holdings Inc.	0.53%	53,154	$10.1M	Reduce -11.3%
USTB Victoryshares Short-Term Bon	0.52%	195,521	$10.0M	Add +9.3%
MUR Murphy Oil Corp.	0.52%	349,781	$9.9M	Reduce -32.1%
JHMM John Hancock Multi Fact Mid	0.51%	152,710	$9.9M	Add +5.5%
VUG Vanguard Mrngstar GR ETF-Sui	0.50%	20,041	$9.6M	Add +2.8%
IWM iShares Russell 2000 ETF	0.50%	39,722	$9.6M	Reduce -0.7%
SPYM Ste STR SPDR PT S&P 500 ETF	0.50%	122,671	$9.6M	Add +5.7%
LLY Eli Lilly & Co.	0.49%	12,283	$9.4M	Add +13.0%
LMT Lockheed Martin Corp.	0.48%	18,315	$9.1M	Add +8.0%
DINO HF Sinclair Corp.	0.47%	172,761	$9.0M	Reduce -20.6%
HELO JPMorgan Hedged Equity ETF	0.47%	138,569	$9.0M	Add +9.7%
JSI JH Securitized Income ETF	0.46%	167,997	$8.8M	Add +12.4%
ADBE Adobe Inc.	0.46%	24,794	$8.7M	Add +1.7%
TMO Thermo Fisher Scientific Inc.	0.44%	17,312	$8.4M	Reduce -2.4%
RECS Columbia Resear Enh Cor ETF	0.43%	205,827	$8.3M	Add +9.2%
XCEM Columbia Em Core Ex-China	0.42%	220,438	$8.0M	Add +3.5%
XLK SS Technology Select Sector	0.41%	28,016	$7.9M	Add +15.6%
CVX Chevron Corp.	0.41%	50,072	$7.8M	Add +2.6%
CIBR First Trust Nasdaq Cybersecu	0.39%	99,530	$7.6M	Add +4.6%
PEP Pepsico Inc.	0.39%	53,691	$7.5M	Add +7.1%
GS Goldman Sachs Group Inc.	0.38%	9,275	$7.4M	Reduce -8.4%
SPGI S&P Global Inc.	0.38%	15,049	$7.3M	Add +8.7%
APD Air Products & Chemicals Inc.	0.38%	26,835	$7.3M	Reduce -0.6%
VTV Vanguard Mrngstr Val ETF-Aui	0.38%	38,716	$7.3M	Reduce -1.4%
NRG NRG Energy Inc.	0.36%	43,116	$7.0M	Add +1.2%
APP AppLovin Corp. Class A	0.36%	9,700	$7.0M	Add +338.3%
FVD First Trust Value Line DVD	0.36%	147,771	$6.8M	Reduce -0.6%
COST Costco Wholesale Corp.	0.35%	7,290	$6.7M	Add +3.7%
DE Deere & Co.	0.35%	14,674	$6.7M	Add +17.2%
BRK.B Berkshire Hathaway Inc. Class B	0.34%	12,863	$6.5M	Add +1.7%
QQQM Invesco Nasdaq 100 ETF	0.33%	25,418	$6.3M	Reduce -2.3%
GE General Electric filed as GE AEROSPACE	0.33%	20,804	$6.3M	Reduce -0.2%
URI United Rentals Inc.	0.32%	6,526	$6.2M	Reduce -13.2%
FIXD First Trust Smith Opportunis	0.32%	140,113	$6.2M	Add +0.7%
LRCX Lam Research Corp.	0.32%	45,613	$6.1M	Reduce -28.2%
MCD McDonald's Corp.	0.32%	20,021	$6.1M	Add +0.3%
PSLV Sprott Physical Silver Trust	0.31%	375,509	$5.9M	Add +11.3%
ABT Abbott Laboratories	0.31%	43,765	$5.9M	Add +0.3%
AMAT Applied Materials Inc.	0.30%	28,213	$5.8M	Reduce -21.5%
NFLX Netflix Inc.	0.30%	4,781	$5.7M	Add +4.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.30%	20,272	$5.7M	Add +3.4%
GLD SPDR Gold Shares	0.29%	15,644	$5.6M	Add +2.5%
AON Aon PLC Class A	0.28%	15,206	$5.4M	Add +9.0%
VZ Verizon Communications Inc.	0.28%	123,255	$5.4M	Reduce -16.0%
IT Gartner Inc.	0.28%	20,600	$5.4M	Add +33.2%
BUFR FT Vest Lad Buffervetf-Usd I	0.28%	159,567	$5.3M	Add +0.5%
PG The Procter & Gamble Co.	0.28%	34,508	$5.3M	Reduce -1.1%
BLK BlackRock Inc.	0.27%	4,504	$5.3M	Add +28.6%
VWO Vanguard Ftse Emerging Marke	0.27%	96,276	$5.2M	Reduce -1.1%
VEU Vanguard Ftse All-World Ex-U	0.27%	71,336	$5.1M	Add +0.4%
WMT Walmart Inc.	0.26%	49,092	$5.1M	Add +3.4%
QCOM Qualcomm Inc.	0.25%	29,216	$4.9M	Add +0.8%
CE Celanese Corp.	0.24%	111,655	$4.7M	Add +3535.8%
LULU Lululemon Athletica Inc.	0.24%	26,389	$4.7M	Add +17.2%
SYF Synchrony Financial	0.24%	64,896	$4.6M	Reduce -7.7%
NEE Nextera Energy Inc.	0.23%	59,690	$4.5M	Add +1.4%
BXSL Blackstone Secured Lending F	0.23%	172,653	$4.5M	Reduce -3.8%
MRK Merck & Co. Inc.	0.23%	53,049	$4.5M	Add +1.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.23%	15,123	$4.4M	Add +6.5%
GLW Corning Inc.	0.23%	53,739	$4.4M	Add +3.7%
BABA Alibaba Group Holding-SP ADR	0.23%	24,587	$4.4M	Reduce -81.6%
GIS General Mills Inc.	0.23%	85,659	$4.3M	Add +29.2%
CMG Chipotle Mexican Grill Inc.	0.22%	109,986	$4.3M	Add +6.2%
DGX Quest Diagnostics Inc.	0.22%	22,169	$4.2M	Reduce -12.8%
NUE Nucor Corp.	0.21%	30,420	$4.1M	Reduce -17.4%
BIL SS SPDR BB 1-3M T-Bill ETF	0.21%	44,816	$4.1M	Add +17.0%
COWZ Pacer US Cash Cows 100 ETF	0.21%	71,497	$4.1M	Add +0.8%
ACN Accenture PLC Class A	0.21%	16,469	$4.1M	Add +4.2%
TGT Target Corp.	0.21%	45,181	$4.1M	Add +36.3%
VFLO Victoryshares Free Cash Flow	0.21%	107,583	$4.0M	Add +19.8%
NXPI NXP Semiconductors NV	0.21%	17,326	$3.9M	Add +32.6%
VLO Valero Energy Corp.	0.20%	23,070	$3.9M	Reduce -2.0%
PHYS Sprott Physical Gold Trust	0.20%	130,322	$3.9M	Add +20.2%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.20%	42,917	$3.8M	Add +11.1%
PFE Pfizer Inc.	0.20%	150,209	$3.8M	Add +1.7%
JCPB JPMorgan Core Plus Bond ETF	0.20%	80,225	$3.8M	Add +6.4%
KGC Kinross Gold Corp.	0.20%	151,980	$3.8M	Reduce -10.9%
CAT Caterpillar Inc.	0.20%	7,898	$3.8M	Reduce -0.9%
REGN Regeneron Pharmaceuticals	0.19%	6,503	$3.7M	Reduce -19.8%
PAAS Pan American Silver Corp.	0.19%	94,357	$3.7M	Reduce -1.9%
ULTA Ulta Beauty Inc.	0.19%	6,659	$3.6M	Reduce -5.0%
UPS United Parcel Service Class B	0.19%	43,299	$3.6M	Add +15.9%
ROP Roper Technologies Inc.	0.19%	7,222	$3.6M	Add +17.9%
KMB Kimberly-Clark Corp.	0.18%	28,271	$3.5M	Add +14.3%
BX Blackstone Inc.	0.18%	20,605	$3.5M	Add +9.3%
RTX RTX Corp.	0.18%	20,837	$3.5M	Add +0.7%
LOW Lowe's Cos Inc.	0.18%	13,679	$3.4M	Reduce -4.2%
TXN Texas Instruments Inc.	0.18%	18,670	$3.4M	No change
FSM Fortuna Mining Corp.	0.18%	380,376	$3.4M	Add +3.2%
TSM Taiwan Semiconductor-SP ADR	0.17%	11,934	$3.3M	Add +2.9%
MCO Moody's Corp.	0.17%	6,882	$3.3M	Reduce -4.3%
XLF SS Financial Select Sector	0.17%	60,794	$3.3M	Add +12.3%
J Jacobs Solutions Inc.	0.17%	21,836	$3.3M	Add +0.6%
T AT&T Inc.	0.17%	115,835	$3.3M	Reduce -0.6%
CRWD CrowdStrike Holdings Inc. Class A	0.17%	6,647	$3.3M	Add +27.5%
BILS SS Spdrb B 3-12M T-Bill ETF	0.16%	31,694	$3.2M	Reduce -20.8%
URA Global X Uranium ETF	0.16%	65,593	$3.1M	Reduce -13.0%
MRVL Marvell Technology Inc.	0.16%	36,100	$3.0M	Add +4.9%
AVGO Broadcom Inc.	0.16%	9,075	$3.0M	Add +15.4%
MO Altria Group Inc.	0.16%	44,794	$3.0M	Add +8.1%
HON Honeywell International Inc.	0.15%	14,104	$3.0M	Reduce -3.2%
GPC Genuine Parts Co.	0.15%	21,329	$3.0M	Reduce -8.2%
ADP Automatic Data Processing	0.15%	9,920	$2.9M	Add +1.2%
SLV iShares Silver Trust	0.15%	68,780	$2.9M	Reduce -0.4%
AMT American Tower Corp.	0.15%	14,707	$2.8M	Add +21.3%
PLD Prologis Inc.	0.15%	24,568	$2.8M	Add +3.0%
IBIT iShares Bitcoin Trust ETF	0.15%	43,111	$2.8M	Add +22.2%
XLE SS Energy Select Sector	0.14%	31,074	$2.8M	Add +14.3%
LYV Live Nation Entertainment Inc.	0.14%	16,633	$2.7M	Reduce -35.6%
KO The Coca-Cola Co.	0.14%	40,813	$2.7M	Reduce -31.8%
ITW Illinois Tool Works	0.14%	10,090	$2.6M	Add +0.1%
MU Micron Technology Inc.	0.14%	15,694	$2.6M	Reduce -2.1%
FMB First Trust Managed Municipa	0.14%	51,516	$2.6M	Add +1.8%
FTSM First Trust Enh Short Mat FD	0.14%	43,237	$2.6M	Reduce -2.2%
FLV American Century Focused Lar	0.13%	34,979	$2.6M	Reduce -2.9%
DHR Danaher Corp.	0.13%	12,841	$2.5M	Reduce -2.1%
CSCO Cisco Systems Inc.	0.13%	37,065	$2.5M	Reduce -7.2%
SLVR Sprott SLVR Miner & PHY SLVR	0.13%	57,088	$2.5M	Add +12.4%
FDX FedEx Corp.	0.13%	10,709	$2.5M	Reduce -2.6%
UNP Union Pacific Corp.	0.13%	10,587	$2.5M	Reduce -9.4%
DLR Digital Realty Trust Inc.	0.13%	14,136	$2.4M	Add +0.8%
XLV SS Health Care Select Sector	0.13%	17,519	$2.4M	Add +64.8%
ICE Intercontinental Exchange Inc.	0.13%	14,300	$2.4M	Reduce -1.3%
LMBS First Trust Low Duration Opp	0.12%	47,266	$2.4M	Add +4.6%
AXON Axon Enterprise Inc.	0.12%	3,201	$2.3M	Reduce -4.1%
EEM iShares MSCI Emerging Market	0.12%	43,005	$2.3M	Add +12.6%
CDW CDW Corp.	0.12%	14,220	$2.3M	Add +8.8%
UCON First Trust Smith Unconstrai	0.12%	89,721	$2.3M	Reduce -1.5%
VB Vanguard Most SM-Cap ETF-Usd	0.12%	8,691	$2.2M	Add +6.8%
GEV GE Vernova Inc.	0.11%	3,565	$2.2M	Reduce -4.0%
NEM Newmont Corp.	0.11%	25,539	$2.2M	Reduce -17.8%
SCHM Schwab US Mid Cap ETF	0.11%	72,531	$2.1M	Add +3.4%
RSP Invesco S&P 500 Equal Weight	0.11%	11,306	$2.1M	Add +7.0%
SCHW Schwab (charles) Corp.	0.11%	22,450	$2.1M	Reduce -7.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.11%	18,718	$2.1M	Reduce -3.2%
GDX Vaneck Gold Miners ETF	0.11%	27,927	$2.1M	Add +1.9%
PAYC Paycom Software Inc.	0.11%	10,168	$2.1M	Add +11.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.11%	6,785	$2.1M	Reduce -3.3%
XLY SS Consumer Disc Select Sect	0.11%	8,764	$2.1M	Add +8.3%
ADI Analog Devices Inc.	0.11%	8,510	$2.1M	No change
FTCS First Trust Capital Strength	0.11%	22,319	$2.1M	Add +0.7%
MCK McKesson Corp.	0.11%	2,661	$2.1M	Add +38.7%
NKE Nike Inc. Class B	0.10%	28,715	$2.0M	Add +0.3%
OKE Oneok Inc.	0.10%	27,217	$2.0M	Add +0.7%
SPDV Aam S&P 500 High Div Val ETF	0.10%	56,928	$2.0M	Add +3.1%
UBER Uber Technologies Inc.	0.10%	20,030	$2.0M	Add +46.1%
BMY Bristol-Myers Squibb Co.	0.10%	43,048	$1.9M	Reduce -1.4%
GDXJ Vaneck Junior Gold Miners	0.10%	19,486	$1.9M	Reduce -1.6%
SPG Simon Property Group Inc.	0.10%	10,280	$1.9M	Add +2.0%
EPS Wisdomtree US Large Cap Fund	0.10%	27,750	$1.9M	Add +7.4%
HL Hecla Mining Co.	0.10%	157,845	$1.9M	Reduce -18.0%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.10%	9,008	$1.9M	Reduce -2.3%
KNG FT Vest S&P 500 DVD Arst TRG	0.10%	38,093	$1.9M	Reduce -1.3%
CEG Constellation Energy	0.10%	5,648	$1.9M	Add +0.5%
SHOP Shopify Inc. Class A	0.09%	12,224	$1.8M	Add +3.2%
SNPS Synopsys Inc.	0.09%	3,669	$1.8M	Reduce -1.5%
VCIT Vanguard Int-Term Corporate	0.09%	21,519	$1.8M	Reduce -8.5%
SCHG Schwab US Large-Cap Growth	0.09%	56,667	$1.8M	Reduce -4.6%
BUYW Main Buywrite ETF	0.09%	126,384	$1.8M	Add +17.9%
BA The Boeing Co.	0.09%	8,304	$1.8M	Add +1.4%
FDN First Trust DJ Internet Ind	0.09%	6,321	$1.8M	Add +0.5%
AMTM Amentum Holdings Inc.	0.09%	73,697	$1.8M	Add +65.2%
TAXF American Century Diver Muni	0.09%	35,054	$1.8M	Reduce -7.5%
XLC SS Comm Select Sector SPDR	0.09%	14,579	$1.7M	Add +7.4%
AXP American Express Co.	0.09%	5,161	$1.7M	Reduce -6.8%
MA Mastercard Inc. Class A	0.09%	2,924	$1.7M	Add +1.2%
LDOS Leidos Holdings Inc.	0.09%	8,644	$1.6M	Add +0.3%
GBTC Grayscale Bitcoin Trust ETF	0.08%	17,694	$1.6M	Add +1.2%
SNPE Xtrckr S&P 500 Scor&scrn ETF	0.08%	26,452	$1.6M	Reduce -3.8%
PM Philip Morris International	0.08%	9,696	$1.6M	Add +2.5%
XLI SS Industrial Select Sector	0.08%	10,062	$1.6M	Add +4.2%
TT Trane Technologies PLC	0.08%	3,625	$1.5M	Add +1.6%
EFA iShares MSCI Eafe ETF	0.08%	16,029	$1.5M	Add +0.9%
VGT Vanguard Info Tech ETF	0.08%	2,004	$1.5M	Add +3.2%
IJH iShares Core S&P Midcap ETF	0.08%	22,781	$1.5M	Reduce -5.8%
TMUS T-Mobile US Inc.	0.08%	6,084	$1.5M	Add +4.3%
INTC Intel Corp.	0.07%	42,342	$1.4M	Add +6.8%
MSTR Strategy Inc.	0.07%	4,367	$1.4M	Add +22.0%
CVS CVS Health Corp.	0.07%	18,579	$1.4M	Reduce -0.0%
IEMG iShares Core MSCI Emerging	0.07%	21,034	$1.4M	Add +0.8%
CRM Salesforce Inc.	0.07%	5,790	$1.4M	Reduce -14.5%
DBEF Xtrackers MSCI Eafe Hedged E	0.07%	29,575	$1.4M	Add +3.2%
PPG PPG Industries Inc.	0.07%	13,004	$1.4M	Reduce -4.9%
NSC Norfolk Southern Corp.	0.07%	4,377	$1.3M	Reduce -1.7%
IWF iShares Russell 1000 Growth	0.07%	2,803	$1.3M	Add +65.8%
TOL Toll Brothers Inc.	0.07%	9,495	$1.3M	Reduce -5.0%
AMGN Amgen Inc.	0.07%	4,608	$1.3M	Add +0.4%
NVS Novartis AG-Sponsored ADR	0.07%	10,113	$1.3M	No change
FHYS Fed Hermes SHRT Dur Hi Yield	0.07%	53,807	$1.3M	Add +0.5%
ANET Arista Networks Inc.	0.06%	8,508	$1.2M	Reduce -2.0%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.06%	14,080	$1.2M	Add +6.8%
DEO Diageo PLC-Sponsored ADR	0.06%	12,814	$1.2M	Reduce -6.2%
CB Chubb Ltd.	0.06%	4,305	$1.2M	Add +7.5%
EQIX Equinix Inc.	0.06%	1,548	$1.2M	Add +0.9%
CCI Crown Castle Inc.	0.06%	12,542	$1.2M	Add +1.2%
FPE FT-Preferred Secur & Inc. ETF	0.06%	65,988	$1.2M	Reduce -1.4%
ARM Arm Holdings PLC-ADR	0.06%	8,428	$1.2M	Add +23.3%
MDY State Street SPDR S&P Midcap	0.06%	1,943	$1.2M	Add +7.1%
AMD Advanced Micro Devices	0.06%	6,999	$1.1M	Add +3.1%
KEY Keycorp	0.06%	59,614	$1.1M	Reduce -27.6%
TIP iShares Tips Bond ETF	0.06%	10,014	$1.1M	Reduce -6.8%
JMUB JPMorgan Municipal ETF	0.06%	21,972	$1.1M	Add +11.2%
FSMB First Trust Short Dur Manag	0.06%	55,042	$1.1M	No change
FEMB First Trust Emerging Markets	0.06%	37,288	$1.1M	Reduce -6.1%
WTRG Essential Utilities Inc.	0.06%	27,058	$1.1M	Add +2.3%
BDX Becton Dickinson and Co.	0.06%	5,648	$1.1M	Reduce -3.2%
EMR Emerson Electric Co.	0.05%	7,734	$1.0M	Reduce -0.9%
SCHV Schwab US Large-Cap Value	0.05%	34,723	$1.0M	Add +5.4%
HPS John Hancock Prefer Inc. III	0.05%	63,748	$984K	Add +1.3%
SO The Southern Co.	0.05%	10,323	$978K	Add +2.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.05%	18,923	$976K	Add +1.2%
XBI SS SPDR S&P Biotech ETF	0.05%	9,537	$956K	Add +13.8%
PNC PNC Financial Services Group	0.05%	4,736	$952K	Reduce -1.5%
ETN Eaton Corp. PLC	0.05%	2,518	$942K	Add +13.6%
NFTY First Trust India Nifty 50 E	0.05%	16,446	$936K	Reduce -1.5%
QTEC First Trust Nasdq 100 Tech I	0.05%	4,041	$928K	Add +0.2%
AVUV Avantis US Small Cap Value	0.05%	9,268	$922K	Reduce -21.8%
MDT Medtronic PLC	0.05%	9,547	$912K	Reduce -1.6%
XLP SS Consumer Staples Sel Sect	0.05%	11,530	$904K	Add +9.0%
VTI VG Morningstar TS MKT ETF-US	0.05%	2,697	$886K	Add +0.7%
MDLZ Mondelez International Inc. Class A	0.05%	14,098	$885K	Add +2.8%
ENB Enbridge Inc.	0.05%	17,504	$883K	Add +1.2%
SYK Stryker Corp.	0.05%	2,377	$881K	Reduce -2.4%
FDT First Trust Develp MKT Ex-US	0.05%	11,638	$877K	Add +3.0%
GSLC Goldman Activebeta US LC ETF	0.05%	6,662	$868K	Reduce -1.1%
STT State Street Corp.	0.04%	7,363	$854K	Reduce -1.6%
FLR Fluor Corp.	0.04%	20,182	$849K	Reduce -0.4%
STZ Constellation Brands Inc. Class A	0.04%	6,212	$837K	Reduce -22.5%
IFV First Trust DW Focus 5 Intl	0.04%	34,091	$835K	Reduce -3.6%
IJR iShares Core S&P Small-Cap E	0.04%	7,010	$833K	Reduce -4.8%
KMI Kinder Morgan Inc.	0.04%	29,392	$832K	Add +3.2%
CMCSA Comcast Corp. Class A	0.04%	26,437	$831K	Reduce -3.0%
WM Waste Management Inc.	0.04%	3,671	$811K	Add +5.1%
JCI Johnson Controls Internation	0.04%	7,365	$810K	Add +19.2%
KLAC KLA Corp.	0.04%	749	$808K	Add +0.9%
EPD Enterprise Products Partners	0.04%	25,633	$802K	Add +5.5%
MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E	0.04%	32,880	$783K	No change
FPF First TR Interm Dur & Inc.	0.04%	40,600	$777K	Reduce -1.3%
IEFA iShares Core MSCI Eafe ETF	0.04%	8,821	$770K	Reduce -7.7%
TFC Truist Financial Corp.	0.04%	16,609	$759K	Add +0.3%
SBUX Starbucks Corp.	0.04%	8,910	$754K	Reduce -19.0%
PSKY Paramount Skydance Class B	0.04%	39,660	$752K	New
ARWR Arrowhead Pharmaceuticals Inc.	0.04%	21,454	$740K	Reduce -0.1%
SOFI Sofi Technologies Inc.	0.04%	27,685	$731K	Add +34.4%
PSX Phillips 66	0.04%	5,348	$727K	No change
NGD New Gold Inc.	0.04%	99,416	$714K	Add +3.9%
F Ford Motor Co. filed as FORD MTR CO	0.04%	58,864	$704K	Add +9.2%
ADSK Autodesk Inc.	0.04%	2,179	$692K	Add +13.4%
IVE iShares S&P 500 Value ETF	0.04%	3,252	$671K	Add +0.3%
ISRG Intuitive Surgical Inc.	0.03%	1,490	$666K	Add +122.4%
IMTM iShares MSCI Intl Momentum F	0.03%	13,806	$661K	Add +7.3%
ACWI iShares MSCI Acwi ETF	0.03%	4,719	$652K	Add +7.0%
IXUS iShares Core Intl Stock ETF	0.03%	7,815	$645K	Add +10.2%
REVS Columbia Resear Enh Val ETF	0.03%	23,011	$643K	Reduce -6.8%
CRWV Coreweave Inc. Class A	0.03%	4,683	$641K	Add +20.3%
VYM Vanguard High DVD Yield ETF	0.03%	4,531	$639K	Reduce -4.2%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.03%	2,128	$634K	Add +35.4%
CME Cme Group Inc.	0.03%	2,335	$631K	Add +3.5%
MDB Mongodb Inc.	0.03%	2,026	$629K	Reduce -0.9%
FTSL First Trust Senior Loan ETF	0.03%	13,694	$628K	Add +3.3%
CTVA Corteva Inc.	0.03%	9,185	$621K	Reduce -0.7%
ORLY O'reilly Automotive Inc.	0.03%	5,715	$616K	No change
AG First Majestic Silver Corp.	0.03%	49,567	$609K	Add +67.3%
FBT First Trust Nyse Arca Biotec	0.03%	3,387	$607K	Reduce -7.1%
SMH Vaneck Semiconductor ETF	0.03%	1,853	$605K	Add +38.0%
DOW Dow Inc.	0.03%	26,370	$605K	Add +113.5%
CTSH Cognizant Tech Solutions-A	0.03%	9,014	$605K	Reduce -2.9%
VIG Vanguard Dividend Apprec ETF	0.03%	2,785	$602K	Reduce -11.2%
IWN iShares Russell 2000 Value E	0.03%	3,398	$601K	Add +5.0%
COP Conocophillips	0.03%	6,321	$598K	Add +3.3%
ECL Ecolab Inc.	0.03%	2,144	$588K	Reduce -3.2%
JEPI JPMorgan Equity Premium Inco	0.03%	10,273	$587K	Add +23.2%
PEG Public Service Enterprise GP	0.03%	7,026	$586K	Reduce -14.7%
IBB iShares Biotechnology ETF	0.03%	4,016	$580K	Reduce -1.6%
SPMD SS SPDR P S&P 400 Midcap ETF	0.03%	10,028	$574K	Reduce -2.1%
GSK GSK PLC-Spon ADR	0.03%	12,847	$556K	Reduce -0.2%
WMB Williams Cos Inc.	0.03%	8,568	$543K	Add +5.1%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.03%	10,941	$536K	Add +5.1%
BSV Vanguard Short-Term Bond ETF	0.03%	6,788	$536K	Reduce -10.7%
MELI MercadoLibre Inc.	0.03%	229	$535K	Add +2.2%
SOLV Solventum Corp.	0.03%	7,320	$534K	No change
DD Dupont DE Nemours Inc.	0.03%	6,853	$534K	Add +4.9%
LHX L3HARRIS Technologies Inc.	0.03%	1,741	$532K	Reduce -2.2%
APLE Apple Hospitality REIT Inc.	0.03%	44,149	$530K	No change
VRTX Vertex Pharmaceuticals Inc.	0.03%	1,350	$529K	Add +0.7%
FAST Fastenal Co.	0.03%	10,750	$527K	Reduce -15.1%
LEN Lennar Corp. Class A	0.03%	4,172	$526K	Reduce -67.6%
IGLD FT Vest Gold Strategy Target	0.03%	21,957	$526K	Add +3.5%
NOBL Proshares S&P 500 Dividend A	0.03%	4,958	$511K	Reduce -8.7%
FXH First Trust Health Care Alph	0.03%	4,640	$509K	Add +4.4%
FV First Trust DW Focus 5 Fund	0.03%	8,168	$506K	Reduce -1.8%
SCHA Schwab US Small-Cap ETF	0.03%	18,053	$504K	Add +11.1%
VTWO Vanguard Russell 2000 ETF	0.03%	5,124	$501K	Add +3.9%
CARR Carrier Global Corp.	0.03%	8,396	$501K	Add +0.3%
IWY iShares Russell Top 200 Grow	0.03%	1,825	$499K	Add +0.1%
VHT Vanguard Health Care ETF	0.03%	1,886	$490K	Add +12.3%
IVW iShares S&P 500 Growth ETF	0.03%	4,041	$488K	No change
NNE Nano Nuclear Energy Inc.	0.02%	12,263	$473K	Add +42.8%
FNY First Trust Mid Cap Growth	0.02%	5,150	$472K	Add +17.1%
PANW Palo Alto Networks Inc.	0.02%	2,303	$469K	Add +30.2%
CI The Cigna Group	0.02%	1,622	$467K	Reduce -2.7%
EXC Exelon Corp.	0.02%	10,181	$458K	Add +0.8%
VONV Vanguard Russell 1000 Value	0.02%	5,112	$457K	Reduce -15.5%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E	0.02%	18,685	$454K	Reduce -30.0%
MS Morgan Stanley	0.02%	2,844	$452K	Add +8.7%
BRO Brown & Brown Inc.	0.02%	4,804	$451K	Add +8.0%
EXPE Expedia Group Inc.	0.02%	2,092	$447K	Reduce -28.9%
YUM Yum! Brands Inc.	0.02%	2,918	$444K	Add +0.1%
CTOS Custom Truck One Source Inc.	0.02%	68,000	$437K	No change
SCHD Schwab US DVD Equity ETF	0.02%	15,871	$433K	Reduce -3.2%
SCHF Schwab Intl Equity ETF	0.02%	18,344	$427K	Add +24.9%
MTZ Mastec Inc.	0.02%	2,000	$426K	New
SCHE Schwab Emrg Mrkts Eqty ETF	0.02%	12,718	$424K	Add +6.1%
TDG Transdigm Group Inc.	0.02%	321	$423K	Add +1.3%
SDY SS SPDR S&P Dividend ETF	0.02%	3,016	$422K	Add +1.6%
DHI D.R. Horton Inc.	0.02%	2,487	$421K	Add +0.6%
FCX Freeport-McMoran Inc.	0.02%	10,709	$420K	Add +9.8%
WY Weyerhaeuser Co.	0.02%	16,899	$419K	Reduce -70.9%
JPIE JPMorgan Income ETF	0.02%	9,010	$418K	Add +48.9%
WSFS WSFS Financial Corp.	0.02%	7,687	$415K	Add +0.2%
SBSW Sibanye-Stillwater Ltd.-ADR	0.02%	36,386	$409K	Add +16.5%
WFC Wells Fargo & Co.	0.02%	4,879	$409K	Add +2.4%
NDAQ Nasdaq Inc.	0.02%	4,618	$408K	Add +33.7%
AWK American Water Works Co. Inc.	0.02%	2,876	$400K	Reduce -2.5%
SFLO VS SM Cap Free Cash Flow ETF filed as VICTORY PORTFOLIOS II	0.02%	13,690	$399K	Add +5.1%
HSY The Hershey Co.	0.02%	2,116	$396K	Reduce -32.0%
XLRE SS Real Estate Select Sector	0.02%	9,324	$393K	Add +16.4%
MRSH Marsh & McLennan Cos	0.02%	1,930	$389K	Add +7.8%
NYF iShares New York Muni Bond E	0.02%	7,269	$388K	No change
AZN Astrazeneca PLC-Spons ADR	0.02%	5,036	$386K	Add +0.0%
XLB SS Materials Select Sector	0.02%	4,289	$384K	Add +7.6%
MPLX MPLX LP	0.02%	7,667	$383K	Add +2.9%
PFFA Virtus Infracap US Pref STCK	0.02%	17,600	$382K	Reduce -2.8%
AEE Ameren Corporation	0.02%	3,646	$381K	Add +0.6%
CL Colgate-Palmolive Co.	0.02%	4,741	$379K	Add +5.9%
PAVE Global X US Infrastructure	0.02%	7,804	$372K	Add +3.6%
FBTC Fidelity Wise Origin Bitcoin	0.02%	3,717	$371K	Add +5.2%
CDE Coeur Mining Inc.	0.02%	19,657	$369K	Add +17.0%
VTEB Vanguard Tax-Exempt Bond ETF	0.02%	7,335	$367K	No change
FEM First Trust Emerging Markets	0.02%	13,486	$365K	Add +2.9%
EES Wisdomtree US Smallcap Fund	0.02%	6,460	$361K	Add +6.5%
SPOT Spotify Technology SA	0.02%	515	$359K	Add +5.1%
BBH Vaneck Biotech ETF	0.02%	2,150	$356K	No change
RJF Raymond James Financial Inc.	0.02%	2,062	$356K	Reduce -25.6%
DFAC Dimensional US Core Equity 2	0.02%	9,173	$354K	Reduce -10.6%
OUSA Alps Oshares US Quality Divi	0.02%	6,219	$352K	Add +0.4%
WSO Watsco Inc.	0.02%	868	$351K	No change
ESGU iShares ESG Aware MSCI USA	0.02%	2,403	$350K	Reduce -1.0%
TRTX TPG Re Finance Trust Inc.	0.02%	39,707	$346K	Reduce -9.4%
C Citigroup Inc.	0.02%	3,397	$345K	Reduce -6.8%
DUK Duke Energy Corp.	0.02%	2,777	$344K	Add +24.8%
D Dominion Energy Inc.	0.02%	5,600	$343K	No change
FLCG Fed Hermes Large Cap Growth	0.02%	10,467	$342K	New
BKNG Booking Holdings Inc.	0.02%	63	$340K	Add +70.3%
TD Toronto-Dominion Bank	0.02%	4,223	$338K	No change
PAYX Paychex Inc.	0.02%	2,657	$337K	Add +24.1%
TEL Te Connectivity PLC	0.02%	1,525	$335K	No change
SCHX Schwab US Large-Cap ETF	0.02%	12,706	$335K	Add +16.2%
ETHE Grayscale Ethereum Staking E	0.02%	9,736	$334K	New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.02%	711	$331K	Reduce -7.4%
FANG Diamondback Energy Inc.	0.02%	2,295	$328K	Add +3.6%
RDVI FT Vest Rising Dividend Achi	0.02%	12,680	$328K	Add +4.5%
GOVT iShares US Treasury Bond ETF	0.02%	13,969	$323K	New
RKLB Rocket Lab Corp.	0.02%	6,720	$322K	Reduce -35.2%
PCT Purecycle Technologies Inc.	0.02%	23,810	$313K	No change
SYY Sysco Corp.	0.02%	3,715	$306K	Add +0.1%
CSX CSX Corp.	0.02%	8,597	$305K	Reduce -6.3%
AKAM Akamai Technologies Inc.	0.02%	4,022	$305K	Reduce -7.8%
BWA Borgwarner Inc.	0.02%	6,900	$303K	Reduce -3.5%
FEP First Trust Europe	0.02%	5,921	$303K	Add +3.2%
FSIG FT Ltd. Duration Inv Grade	0.02%	15,705	$302K	Add +8.3%
ITA iShares U.S. Aerospace & Def	0.02%	1,436	$301K	Add +13.1%
DAL Delta Air Lines Inc.	0.02%	5,192	$295K	Reduce -10.6%
SKYY First Trust Cloud Computing	0.02%	2,160	$290K	Reduce -1.8%
QQEW First TR Nasdaq-100 Sel Eq	0.02%	2,047	$289K	Add +0.5%
ZTS Zoetis Inc.	0.02%	1,974	$289K	New
AIQ Global X Art Intel & Tech	0.01%	5,833	$288K	Reduce -2.0%
USB US Bancorp	0.01%	5,929	$287K	Add +15.4%
FTC First Trust Large Cap Growth	0.01%	1,781	$286K	Add +4.1%
EBAY eBay Inc.	0.01%	3,121	$284K	No change
ONEQ Fidelity Nasdaq Comp Indx	0.01%	3,179	$283K	Reduce -2.8%
SPTM SS SPDR P S&P 1500 Comp ETF	0.01%	3,510	$283K	No change
SUSC iShares ESG Aware Usd Corpor	0.01%	11,889	$280K	Reduce -1.5%
TRV The Travelers Cos Inc.	0.01%	998	$279K	Add +27.9%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.01%	1,590	$278K	Add +0.2%
VCR Vanguard Consumer Discre ETF	0.01%	700	$277K	New
NOC Northrop Grumman Corp.	0.01%	453	$276K	Reduce -3.0%
DVY iShares Select Dividend ETF	0.01%	1,926	$274K	Add +0.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.01%	1,885	$272K	Add +1.2%
MUJ BlackRock Munihold NJ QLTY	0.01%	23,369	$272K	No change
ALL Allstate Corp.	0.01%	1,262	$271K	Add +0.6%
GEHC GE Healthcare Technology	0.01%	3,598	$270K	Add +1.9%
IR Ingersoll-Rand Inc.	0.01%	3,269	$270K	Reduce -0.4%
HUBB Hubbell Inc.	0.01%	627	$270K	Reduce -3.1%
GILD Gilead Sciences Inc.	0.01%	2,391	$265K	No change
BN Brookfield Corp.	0.01%	3,866	$265K	Add +17.5%
NOW ServiceNow Inc.	0.01%	288	$265K	Add +0.3%
MPC Marathon Petroleum Corp.	0.01%	1,359	$262K	New
MNST Monster Beverage Corp.	0.01%	3,862	$260K	Reduce -40.7%
PGR Progressive Corp.	0.01%	1,044	$258K	Add +3.1%
HIMS Hims & Hers Health Inc.	0.01%	4,524	$257K	Add +3.9%
VNLA Janus Henderson Short Durati	0.01%	5,181	$255K	Add +1.3%
BOTZ Global X Robotics & Artifici	0.01%	7,198	$255K	Add +0.0%
CMI Cummins Inc.	0.01%	602	$254K	New
FBIN Fortune Brands Innovations I	0.01%	4,750	$254K	No change
PWR Quanta Services Inc.	0.01%	608	$252K	Add +5.7%
VST Vistra Corp.	0.01%	1,284	$252K	Reduce -25.3%
FJP First Trust Japan	0.01%	3,850	$251K	Add +3.3%
LIN Linde PLC	0.01%	528	$251K	Reduce -30.4%
WEC WEC Energy Group Inc.	0.01%	2,174	$249K	Add +1.7%
DFAX Dimensional World Ex US Core	0.01%	7,875	$247K	No change
VDC Vanguard Consumer Staple ETF	0.01%	1,156	$247K	Add +0.3%
B Barrick Mining Corp.	0.01%	7,529	$247K	New
FXI iShares China Large-Cap ETF	0.01%	5,987	$246K	New
KR Kroger Co.	0.01%	3,647	$246K	New
NJR New Jersey Resources Corp.	0.01%	5,088	$245K	Reduce -8.7%
DVN Devon Energy Corp.	0.01%	6,924	$243K	New
GD General Dynamics Corp.	0.01%	711	$242K	Add +0.1%
MCHP Microchip Technology Inc.	0.01%	3,753	$241K	Add +0.3%
INDY iShares India 50 ETF	0.01%	4,726	$241K	Reduce -4.1%
MUST Columbia Multi-Sect Muni Inc.	0.01%	11,675	$240K	No change
COKE Coca-Cola Consolidated Inc.	0.01%	2,040	$239K	No change
CTRA Coterra Energy Inc.	0.01%	9,915	$234K	Reduce -84.7%
VCSH Vanguard S/T Corp. Bond ETF	0.01%	2,933	$234K	Add +0.1%
KKR KKR & Co. Inc.	0.01%	1,802	$234K	Add +0.7%
EOG EOG Resources Inc.	0.01%	2,074	$233K	Add +15.6%
PPL PPL Corp.	0.01%	6,201	$231K	No change
SIGI Selective Insurance Group	0.01%	2,827	$229K	No change
BNDX Vanguard Total Intl Bond ETF	0.01%	4,610	$228K	Reduce -11.3%
SNA Snap-on Inc.	0.01%	658	$228K	Reduce -3.5%
SPDW Ste STR SPDR PT DW Eu ETF	0.01%	5,285	$226K	Reduce -0.8%
BITB Bitwise Bitcoin ETF	0.01%	3,627	$226K	No change
XYL Xylem Inc.	0.01%	1,526	$225K	New
DMB BNY Mellon Muni BND Infra	0.01%	20,795	$223K	No change
VAW Vanguard Materials ETF	0.01%	1,081	$221K	New
IJK iShares S&P Mid-Cap 400 Grow	0.01%	2,300	$221K	New
CALF PCR US SM CP CSH CWS ETF-Usd	0.01%	5,016	$220K	New
CEF Sprott Physical Gold and Sil	0.01%	5,972	$219K	New
BAX Baxter International Inc.	0.01%	9,550	$217K	No change
RGTI Rigetti Computing Inc.	0.01%	7,215	$215K	New
APTV Aptiv PLC	0.01%	2,464	$212K	New
RKT Rocket Cos Inc. Class A	0.01%	10,846	$210K	Add +4.8%
UDN Invesco DB US Dollar Index B	0.01%	11,017	$207K	Reduce -58.7%
SPSM SS SPDR P S&P 600 Small Cap	0.01%	4,470	$207K	New
VBIL Vanguard 0-3M T-Bill ETF	0.01%	2,717	$205K	Add +0.1%
SVM Silvercorp Metals Inc.	0.01%	32,500	$205K	Reduce -9.7%
FLCV Fed Hermes Large Cap Value	0.01%	6,650	$203K	New
LGOV First TR Long Duration O-ETF	0.01%	9,290	$202K	New
STWD Starwood Property Trust Inc.	0.01%	10,010	$194K	New
EQX Equinox Gold Corp.	0.01%	16,697	$187K	Reduce -6.5%
VLY Valley National Bancorp	0.01%	17,043	$181K	Add +0.2%
GHY Pgim Global High Yield Fund	0.01%	14,000	$180K	No change
XNXJX Nuveen NJ QLTY Muni Inc.	0.01%	14,100	$176K	Add +5.2%
KBWY Invesco KBW Premium Yield Eq	0.01%	10,693	$171K	New
GBDC Golub Capital BDC Inc.	0.01%	12,415	$170K	No change
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP	0.01%	15,455	$147K	No change
ZM Zoom Communications Inc.	0.01%	1,731	$143K	New
BIT BlackRock Multi-Sector Inc.	0.01%	10,475	$140K	New
SILJ Amplify Junior Silver Miners	0.01%	5,667	$131K	Add +5624.2%
TNGY Tortoise Energy ETF	0.01%	14,299	$130K	No change
MARA Mara Holdings Inc.	0.01%	6,909	$126K	New
ACP Abrdn Income Credit Strat	0.01%	21,100	$122K	New
AAL American Airlines Group Inc.	0.01%	10,262	$115K	New
HYT BlackRock Corp. Hi YLD	0.01%	10,470	$99K	No change
ABAT American Battery Technology	0.00%	10,484	$51K	No change
APA Apa Corp.	0.00%	1,570	$38K	Add +149.6%
JD Jd.com Inc.-ADR	0.00%	907	$32K	New
IOVA Iovance Biotherapeutics Inc.	0.00%	11,078	$24K	Reduce -39.6%
LUCD Lucid Diagnostics Inc.	0.00%	20,096	$20K	Add +77.9%
MODULAR MED INC	0.00%	11,800	$8K	No change
UPST Upstart Holdings Inc.	0.00%	162	$8K	Add +10.2%
AAP Advance Auto Parts Inc.	0.00%	75	$5K	Reduce -100.0%

Options reported separately and not counted above: SPY puts ($51.2M), WBD calls ($16.4M), WBD puts ($12.8M), APA calls ($8.5M), SPY calls ($5.6M), QQQ calls ($2.8M), UPST calls ($2.6M), IWM calls ($2.6M), BABA puts ($2.0M), MU calls ($1.9M), AAP calls ($1.8M), SLV calls ($1.7M), and 32 more.

Other holdings (2): bonds, preferreds, convertibles and warrants · $3K (not counted above)

Security	Class	Shares / Principal	Value	Change
REVBW Revelation Biosc -CW27	*W EXP 01/10/202	245,429	$3K	No change
ADNWW Amci Acquisition Corp.-CW26	*W EXP 02/03/202	40,000	$556	No change

Total filed on the 13F, all lines: $1.9B.

Portfolio Sells Q2 2025 → Q3 2025


BABA Alibaba Group Holding-SP ADR	Reduce -81.6%	0.23%	−0.67
PYPL PayPal Holdings Inc.	Reduce -35.2%	0.60%	−0.56
AAP Advance Auto Parts Inc.	Reduce -100.0%	0.00%	−0.38
V Visa Inc. Class A	Reduce -21.5%	0.64%	−0.32
MUR Murphy Oil Corp.	Reduce -32.1%	0.52%	−0.16
HOG Harley-Davidson Inc.	Reduce -20.9%	0.73%	−0.15
MKTX Marketaxess Holdings Inc.	Sold out	0.00%	−0.12
EG Everest Group Ltd.	Sold out	0.00%	−0.12
KO The Coca-Cola Co.	Reduce -31.8%	0.14%	−0.11
VZ Verizon Communications Inc.	Reduce -16.0%	0.28%	−0.09
BXSL Blackstone Secured Lending F	Reduce -3.8%	0.23%	−0.09
LYV Live Nation Entertainment Inc.	Reduce -35.6%	0.14%	−0.09
AMAT Applied Materials Inc.	Reduce -21.5%	0.30%	−0.09
CTRA Coterra Energy Inc.	Reduce -84.7%	0.01%	−0.08
UNH Unitedhealth Group Inc.	Reduce -11.1%	0.58%	−0.08
JPM JPMorgan Chase & Co.	Reduce -5.8%	0.78%	−0.08
BILS SS Spdrb B 3-12M T-Bill ETF	Reduce -20.8%	0.16%	−0.07
APD Air Products & Chemicals Inc.	Reduce -0.6%	0.38%	−0.07
NUE Nucor Corp.	Reduce -17.4%	0.21%	−0.07
WY Weyerhaeuser Co.	Reduce -70.9%	0.02%	−0.07
REGN Regeneron Pharmaceuticals	Reduce -19.8%	0.19%	−0.06
LEN Lennar Corp. Class A	Reduce -67.6%	0.03%	−0.06
DINO HF Sinclair Corp.	Reduce -20.6%	0.47%	−0.05
PG The Procter & Gamble Co.	Reduce -1.1%	0.28%	−0.05
IVV iShares Core S&P 500 ETF	Reduce -0.8%	0.88%	−0.05
DGX Quest Diagnostics Inc.	Reduce -12.8%	0.22%	−0.05
LRCX Lam Research Corp.	Reduce -28.2%	0.32%	−0.05
HON Honeywell International Inc.	Reduce -3.2%	0.15%	−0.04
AXON Axon Enterprise Inc.	Reduce -4.1%	0.12%	−0.04
MCO Moody's Corp.	Reduce -4.3%	0.17%	−0.04
HD Home Depot Inc.	Reduce -2.9%	0.72%	−0.04
CRM Salesforce Inc.	Reduce -14.5%	0.07%	−0.04
GS Goldman Sachs Group Inc.	Reduce -8.4%	0.38%	−0.04
SYF Synchrony Financial	Reduce -7.7%	0.24%	−0.04
FVD First Trust Value Line DVD	Reduce -0.6%	0.36%	−0.03
STZ Constellation Brands Inc. Class A	Reduce -22.5%	0.04%	−0.03
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -1.4%	0.38%	−0.03
PARAA Paramount Global Class B	Sold out	0.00%	−0.03
CSCO Cisco Systems Inc.	Reduce -7.2%	0.13%	−0.03
ICE Intercontinental Exchange Inc.	Reduce -1.3%	0.13%	−0.03
DIS The Walt Disney Co.	Reduce -3.2%	0.11%	−0.03
IQV Iqvia Holdings Inc.	Reduce -11.3%	0.53%	−0.03
T AT&T Inc.	Reduce -0.6%	0.17%	−0.03
UNP Union Pacific Corp.	Reduce -9.4%	0.13%	−0.03
KEY Keycorp	Reduce -27.6%	0.06%	−0.03
DXCM Dexcom Inc.	Sold out	0.00%	−0.03
AJG Arthur J Gallagher & Co.	Reduce -3.3%	0.11%	−0.02
JHMU JH Dynamic Muni Bond ETF	Sold out	0.00%	−0.02
FTSM First Trust Enh Short Mat FD	Reduce -2.2%	0.14%	−0.02
FLOT iShares Floating Rate Bond E	Sold out	0.00%	−0.02

Portfolio Buys Q2 2025 → Q3 2025


CNC Centene Corp.	New	1.88%	+1.88
AGO Assured Guaranty Ltd.	New	1.33%	+1.33
AAPL Apple Inc.	Add +0.4%	3.49%	+0.33
APP AppLovin Corp. Class A	Add +338.3%	0.36%	+0.32
CE Celanese Corp.	Add +3535.8%	0.24%	+0.23
CZR Caesars Entertainment Inc.	Add +45.7%	1.10%	+0.21
TSLA Tesla Inc.	Add +5.0%	0.55%	+0.13
AMZN Amazon.com Inc.	Add +23.7%	1.39%	+0.12
GLW Corning Inc.	Add +3.7%	0.23%	+0.07
PSLV Sprott Physical Silver Trust	Add +11.3%	0.31%	+0.06
BLK BlackRock Inc.	Add +28.6%	0.27%	+0.06
XLK SS Technology Select Sector	Add +15.6%	0.41%	+0.05
XLV SS Health Care Select Sector	Add +64.8%	0.13%	+0.04
SLVR Sprott SLVR Miner & PHY SLVR	Add +12.4%	0.13%	+0.04
PHYS Sprott Physical Gold Trust	Add +20.2%	0.20%	+0.04
PSKY Paramount Skydance Class B	New	0.04%	+0.04
NXPI NXP Semiconductors NV	Add +32.6%	0.21%	+0.04
FSM Fortuna Mining Corp.	Add +3.2%	0.18%	+0.04
AMTM Amentum Holdings Inc.	Add +65.2%	0.09%	+0.03
AVGO Broadcom Inc.	Add +15.4%	0.16%	+0.03
GDX Vaneck Gold Miners ETF	Add +1.9%	0.11%	+0.03
UBER Uber Technologies Inc.	Add +46.1%	0.10%	+0.03
IWF iShares Russell 1000 Growth	Add +65.8%	0.07%	+0.03
RECS Columbia Resear Enh Cor ETF	Add +9.2%	0.43%	+0.03
MCK McKesson Corp.	Add +38.7%	0.11%	+0.02
VFLO Victoryshares Free Cash Flow	Add +19.8%	0.21%	+0.02
GIS General Mills Inc.	Add +29.2%	0.23%	+0.02
MTZ Mastec Inc.	New	0.02%	+0.02
INTC Intel Corp.	Add +6.8%	0.07%	+0.02
TSM Taiwan Semiconductor-SP ADR	Add +2.9%	0.17%	+0.02
IBIT iShares Bitcoin Trust ETF	Add +22.2%	0.15%	+0.02
TGT Target Corp.	Add +36.3%	0.21%	+0.02
FLCG Fed Hermes Large Cap Growth	New	0.02%	+0.02
BX Blackstone Inc.	Add +9.3%	0.18%	+0.02
ETHE Grayscale Ethereum Staking E	New	0.02%	+0.02
AG First Majestic Silver Corp.	Add +67.3%	0.03%	+0.02
GOVT iShares US Treasury Bond ETF	New	0.02%	+0.02
GLD SPDR Gold Shares	Add +2.5%	0.29%	+0.02
SOFI Sofi Technologies Inc.	Add +34.4%	0.04%	+0.02
ZTS Zoetis Inc.	New	0.02%	+0.02
LMT Lockheed Martin Corp.	Add +8.0%	0.48%	+0.01
VCR Vanguard Consumer Discre ETF	New	0.01%	+0.01
SHOP Shopify Inc. Class A	Add +3.2%	0.09%	+0.01
CRWD CrowdStrike Holdings Inc. Class A	Add +27.5%	0.17%	+0.01
MPC Marathon Petroleum Corp.	New	0.01%	+0.01
CMI Cummins Inc.	New	0.01%	+0.01
ISRG Intuitive Surgical Inc.	Add +122.4%	0.03%	+0.01
B Barrick Mining Corp.	New	0.01%	+0.01
FXI iShares China Large-Cap ETF	New	0.01%	+0.01
KR Kroger Co.	New	0.01%	+0.01

Options Activity Q2 2025 → Q3 2025


SPY SS SPDR S&P 500 ETF Trust-US	put	Add +27.9%	76,900	$51.2M
WBD Warner Bros Discovery Inc.	call	Reduce -0.8%	838,900	$16.4M
WBD Warner Bros Discovery Inc.	put	New	655,000	$12.8M
VALE Vale SA-SP ADR	call	Sold out	842,200	$8.2Mbefore exit
MOS The Mosaic Co.	call	Sold out	200,700	$7.3Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US	call	Reduce -3.5%	8,400	$5.6M
QQQ Invesco QQQ Trust Series 1	call	Reduce -8.0%	4,600	$2.8M
UPST Upstart Holdings Inc.	call	Reduce -56.1%	50,800	$2.6M
IWM iShares Russell 2000 ETF	call	Reduce -7.8%	10,600	$2.6M
BABA Alibaba Group Holding-SP ADR	put	New	11,000	$2.0M
MU Micron Technology Inc.	call	New	11,100	$1.9M
SLV iShares Silver Trust	call	Reduce -9.9%	41,000	$1.7M
SILJ Amplify Junior Silver Miners	call	Add +78.8%	71,500	$1.7M
IBIT iShares Bitcoin Trust ETF	call	Sold out	21,900	$1.3Mbefore exit
QQQ Invesco QQQ Trust Series 1	put	Reduce -72.7%	1,200	$720K
LMT Lockheed Martin Corp.	call	New	1,000	$499K
SMCI Super Micro Computer Inc.	call	Sold out	10,100	$495Kbefore exit
AG First Majestic Silver Corp.	call	Add +59.6%	35,900	$441K
APP AppLovin Corp. Class A	put	Reduce -33.3%	600	$431K
DIA SS SPDR Dow Jones Indus Avg	put	Sold out	900	$397Kbefore exit
UBER Uber Technologies Inc.	put	New	4,000	$392K
RKT Rocket Cos Inc. Class A	call	New	20,200	$391K
GDXJ Vaneck Junior Gold Miners	call	Add +40.0%	3,500	$347K
AMZN Amazon.com Inc.	put	Sold out	1,400	$307Kbefore exit
CRM Salesforce Inc.	call	New	1,200	$284K
SOFI Sofi Technologies Inc.	put	Reduce -41.2%	10,000	$264K
U Unity Software Inc.	call	Sold out	10,300	$249Kbefore exit
JD Jd.com Inc.-ADR	call	New	6,600	$231K
FXI iShares China Large-Cap ETF	put	New	5,000	$206K
BABA Alibaba Group Holding-SP ADR	call	New	1,000	$179K
HOG Harley-Davidson Inc.	call	New	6,000	$167K
CRWV Coreweave Inc. Class A	put	Sold out	1,000	$163Kbefore exit
DINO HF Sinclair Corp.	call	Reduce -9.4%	2,900	$152K
VOO Vanguard S&P 500 ETF	put	Sold out	200	$114Kbefore exit
NEM Newmont Corp.	call	Sold out	1,700	$99Kbefore exit
ZM Zoom Communications Inc.	put	New	1,000	$83K
MARA Mara Holdings Inc.	call	New	3,700	$68K
AAPL Apple Inc.	call	Sold out	300	$62Kbefore exit
TTD Trade Desk Inc./the Class A	call	New	1,000	$49K
SBUX Starbucks Corp.	call	Sold out	400	$37Kbefore exit
XLE SS Energy Select Sector	call	Sold out	400	$34Kbefore exit
TSLA Tesla Inc.	put	Sold out	100	$32Kbefore exit
INTC Intel Corp.	call	Reduce -10.0%	900	$30K
AAPL Apple Inc.	put	Sold out	100	$21Kbefore exit
NVDA Nvidia Corp.	call	Reduce -97.6%	100	$19K
PLTR Palantir Technologies Inc. Class A	put	Reduce -50.0%	100	$18K
AAL American Airlines Group Inc.	call	New	800	$9K
CHPT Chargepoint Holdings Inc.	call	Sold out	75	$1Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	570	$2.3B	SPY, AAPL, NVDA, GPN, CNC
Q1 2026	536	$2.1B	SPY, AAPL, NVDA, CE, HOG
Q4 2025	517	$2.0B	SPY, WBD, AAPL, NVDA, MSFT
Q3 2025	517	$1.9B	SPY, WBD, AAPL, NVDA, MSFT
Q2 2025	508	$1.7B	SPY, NVDA, AAPL, WBD, MSFT
Q1 2025	498	$1.6B	SPY, AAPL, MSFT, WBD, NVDA
Q4 2024	478	$1.5B	SPY, AAPL, FIXD, MSFT, NVDA
Q3 2024	471	$1.5B	SPY, FIXD, AAPL, MSFT, NVDA
Q2 2024	445	$1.4B	SPY, FIXD, AAPL, MSFT, NVDA
Q1 2024	445	$1.3B	SPY, FIXD, AAPL, MSFT, NVDA