| GOOGL Alphabet Inc. Class A | 9.02% | 108,100 | $33.8M | No change |
| STLD Steel Dynamics Inc. | 7.63% | 168,747 | $28.6M | No change |
| AZO AutoZone Inc. | 6.39% | 7,069 | $24.0M | No change |
| IBKR Interactive Brokers Gro Class A | 5.61% | 327,200 | $21.0M | No change |
| WSM Williams-Sonoma Inc. | 5.33% | 111,994 | $20.0M | No change |
| IAG Iamgold Corp. | 5.23% | 1,190,000 | $19.6M | Reduce -4.5% |
| MLI Mueller Industries Inc. | 5.18% | 169,280 | $19.4M | No change |
| LRCX Lam Research Corp. | 4.98% | 109,000 | $18.7M | No change |
| LPLA LPL Financial Holdings Inc. | 4.65% | 48,860 | $17.5M | No change |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 4.31% | 396,095 | $16.2M | No change |
| ESNT Essent Group Ltd. | 3.89% | 224,500 | $14.6M | No change |
| PGR Progressive Corp. | 3.89% | 64,000 | $14.6M | Add +15.7% |
| DDS Dillards Inc. Class A | 3.48% | 21,538 | $13.1M | No change |
| URI United Rentals Inc. | 3.33% | 15,409 | $12.5M | No change |
| HCA HCA Healthcare Inc. | 3.29% | 26,450 | $12.3M | No change |
| YOU Clear Secure Inc. Class A | 2.71% | 289,135 | $10.1M | No change |
| DFIN Donnelley Financial Solution | 2.44% | 195,859 | $9.1M | Reduce -19.4% |
| NVR NVR Inc. | 2.07% | 1,062 | $7.7M | Reduce -11.3% |
| PYPL PayPal Holdings Inc. | 2.02% | 130,000 | $7.6M | No change |
| MA Mastercard Inc. Class A | 1.52% | 10,000 | $5.7M | No change |
| UNH Unitedhealth Group Inc. | 1.45% | 16,475 | $5.4M | No change |
| AEM Agnico Eagle Mines Ltd. | 1.36% | 30,000 | $5.1M | No change |
| MTDR Matador Resources Co. | 1.25% | 110,000 | $4.7M | Reduce -13.0% |
| ELV Elevance Health Inc. | 0.90% | 9,600 | $3.4M | Reduce -4.4% |
| SELF Global Self Storage Inc. | 0.80% | 586,500 | $3.0M | Add +14.0% |
| JPM JPMorgan Chase & Co. | 0.58% | 6,800 | $2.2M | No change |
| KGC Kinross Gold Corp. | 0.51% | 68,500 | $1.9M | No change |
| RGLD Royal Gold Inc. | 0.50% | 8,400 | $1.9M | Add +58.5% |
| WPM Wheaton Precious Metals Corp. | 0.49% | 15,700 | $1.8M | Add +34.2% |
| NEM Newmont Corp. | 0.48% | 18,000 | $1.8M | Reduce -79.8% |
| TFPM Triple Flag Precious Met | 0.48% | 54,000 | $1.8M | No change |
| AUGO Aura Minerals Inc. | 0.47% | 35,000 | $1.8M | New |
| FNV Franco-Nevada Corp. | 0.44% | 8,000 | $1.7M | Add +73.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 3,000 | $1.5M | Reduce -41.2% |
| SLV iShares Silver Trust | 0.36% | 21,070 | $1.4M | Reduce -5.6% |
| BTG B2GOLD Corp. | 0.36% | 300,000 | $1.4M | New |
| EXR Extra Space Storage Inc. | 0.35% | 10,027 | $1.3M | No change |
| GLD SPDR Gold Shares | 0.35% | 3,290 | $1.3M | Reduce -5.0% |
| BBW Build-A-Bear Workshop Inc. | 0.27% | 16,500 | $1.0M | No change |
| EGO Eldorado Gold Corp. | 0.24% | 25,000 | $898K | New |
| MUX McEwen Inc. | 0.23% | 47,500 | $879K | New |
| META Meta Platforms Inc. Class A | 0.20% | 1,150 | $759K | No change |
| QCOM Qualcomm Inc. | 0.19% | 4,200 | $718K | No change |
| CUBE Cubesmart | 0.13% | 14,000 | $505K | No change |
| PSA Public Storage | 0.12% | 1,700 | $441K | No change |
| GOOG Alphabet Inc. Class C | 0.05% | 574 | $180K | No change |
| MXE Mexico Equity and Income FD | 0.02% | 6,000 | $74K | No change |
| SPE Special Opportunities Fund | 0.01% | 2,000 | $29K | No change |
| BRW Saba Capital Income & Opport | 0.01% | 3,700 | $26K | Add +2.8% |
| SWZ Total Return Securities Fund | 0.01% | 3,370 | $21K | Add +3.1% |
| PCF High Income Securities Fund | 0.00% | 662 | $4K | No change |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.00% | 100 | $2K | No change |
| GRF Eagle Capital Growth Fund | 0.00% | 100 | $1K | New |
| SABA Saba Capital Income & Opp II | 0.00% | 17 | $140 | No change |
| SVVC Firsthand Technology Value | 0.00% | 100 | $2 | No change |