| SSTATE STR SPDR S&P 500 ETF TSPY |
| 17.59% | 23.65% | $261.4M | 350,000 | $259.5M | 399,000 | -49,000-12.28% | Reduce |
 NVIDIA CORPORATIONNVDA |
| 10.74% | 11.89% | $159.5M | 797,341 | $130.4M | 747,714 | +49,627+6.64% | Add |
 TAIWAN SEMICONDUCTOR MANUFACTSM |
| 8.34% | 6.37% | $123.9M | 259,480 | $69.8M | 206,675 | +52,805+25.55% | Add |
 ARM HOLDINGS PLCARM |
| 6.57% | 5.11% | $97.6M | 275,310 | $56.0M | 370,441 | -95,131-25.68% | Reduce |
 ALPHABET INCGOOGL |
| 6.01% | 6.59% | $89.3M | 249,806 | $72.3M | 251,573 | -1,767-0.70% | Reduce |
 AMAZON COM INCAMZN |
| 5.61% | 6.66% | $83.3M | 349,461 | $73.1M | 350,887 | -1,426-0.41% | Reduce |
 META PLATFORMS INCMETA |
| 5.58% | 6.89% | $82.8M | 147,077 | $75.6M | 132,076 | +15,001+11.36% | Add |
 MICRON TECHNOLOGY INCMU |
| 4.19% | 0.76% | $62.3M | 53,932 | $8.3M | 24,542 | +29,390+119.75% | Add |
 WYNN RESORTS LTDWYNN |
| 3.23% | 3.06% | $48.0M | 494,556 | $33.6M | 330,442 | +164,114+49.66% | Add |
| HHUT 8 CORPHUT |
| 3.05% | 0.42% | $45.4M | 393,081 | $4.6M | 97,868 | +295,213+301.64% | Add |
 RTX CORPORATIONRTX |
| 2.82% | 3.7% | $41.9M | 220,762 | $40.6M | 210,306 | +10,456+4.97% | Add |
| IISHARES INCEWG |
| 2.78% | — | $41.4M | 1.0M | $0 | 0 | +1.0M | New Buy |
 BOEING COBA |
| 2.78% | 3.73% | $41.3M | 190,597 | $41.0M | 205,882 | -15,285-7.42% | Reduce |
 CAPITAL ONE FINL CORPCOF |
| 2.58% | 2.06% | $38.3M | 191,076 | $22.6M | 123,810 | +67,266+54.33% | Add |
 WORKDAY INCWDAY |
| 2.46% | — | $36.5M | 298,200 | $0 | 0 | +298,200 | New Buy |
 APPLE INCAAPL |
| 2.31% | 2.87% | $34.3M | 118,670 | $31.5M | 124,120 | -5,450-4.39% | Reduce |
 CORNING INCGLW |
| 2.31% | 0.75% | $34.3M | 134,243 | $8.2M | 60,589 | +73,654+121.56% | Add |
 ASML HLDG NVASML |
| 2.1% | 1.95% | $31.2M | 15,697 | $21.4M | 16,181 | -484-2.99% | Reduce |
 TESLA INCTSLA |
| 2.08% | 0.12% | $30.9M | 73,434 | $1.3M | 3,549 | +69,885+1,969.15% | Add |
| TTERAWULF INC COMWULF |
| 1.46% | — | $21.6M | 875,936 | $0 | 0 | +875,936 | New Buy |
 DISNEY WALT CODIS |
| 1.24% | 1.19% | $18.4M | 191,337 | $13.1M | 135,703 | +55,634+41.00% | Add |
 GE AEROSPACEGE |
| 0.69% | 0.96% | $10.2M | 27,264 | $10.6M | 37,267 | -10,003-26.84% | Reduce |
 SCHWAB CHARLES CORPSCHW |
| 0.54% | 0.59% | $8.0M | 87,107 | $6.5M | 69,446 | +17,661+25.43% | Add |
| PPARAMOUNT SKYDANCE CORPPSKY |
| 0.53% | 0.68% | $7.9M | 804,345 | $7.5M | 827,686 | -23,341-2.82% | Reduce |
 SALESFORCE INCCRM |
| 0.53% | — | $7.8M | 50,000 | $0 | 0 | +50,000 | New Buy |
| SSPACE EXPLORATION TECHN CORPSPCX |
| 0.5% | — | $7.4M | 43,166 | $0 | 0 | +43,166 | New Buy |
 UBER TECHNOLOGIES INCUBER |
| 0.37% | — | $5.4M | 75,300 | $0 | 0 | +75,300 | New Buy |
| PPERSHING SQUARE INCPS |
| 0.35% | — | $5.3M | 160,433 | $0 | 0 | +160,433 | New Buy |
| AAlphabet Inc Class CGOOG |
| 0.3% | 0.33% | $4.4M | 12,468 | $3.6M | 12,660 | -192-1.52% | Reduce |
 MINERALYS THERAPEUTICS INCMLYS |
| 0.18% | 0.36% | $2.7M | 101,289 | $3.9M | 144,875 | -43,586-30.09% | Reduce |
 LIQUIDIA CORPORATIONLQDA |
| 0.06% | 0.06% | $895,049 | 11,226 | $679,546 | 18,006 | -6,780-37.65% | Reduce |
 ABIVAX SAABVX |
| 0.06% | — | $859,794 | 6,452 | $0 | 0 | +6,452 | New Buy |
 ORACLE CORPORCL |
| 0.03% | 0.83% | $516,442 | 3,524 | $9.2M | 62,223 | -58,699-94.34% | Reduce |
 LIBERTY BROADBAND CORPLBRDA |
| 0.02% | — | $317,724 | 9,547 | $0 | 0 | +9,547 | New Buy |
 LIBERTY BROADBAND CORP COM SER CLBRDK |
| 0.02% | — | $317,533 | 9,547 | $0 | 0 | +9,547 | New Buy |
 MARTIN MARIETTA MATLS INCMLM |
| 0.02% | 0.09% | $231,257 | 401 | $944,831 | 1,605 | -1,204-75.02% | Reduce |
