Breakdown by Country

HFEQ Holdings List

No.	Symbol	Name	% Weight	Shares
1	VTV	Vanguard Morningstar Value ETF	17.78%	10,064
2	n/a	E-mini Nasdaq 100 Future Dec 26	15.75%	3
3	n/a	MSCI Emerging Markets Index Future Dec 26	15.40%	23
4	VO	Vanguard Morningstar Mid-Cap ETF	14.39%	22,145
5	FGXXX	First American Government Obligs X	12.81%	1,600,388
6	XLB	State Street Materials Select Sector SPDR ETF	12.44%	31,432
7	n/a	MSCI EAFE Index Future Dec 26	12.06%	10
8	VGZ6	Euro Stoxx 50 Future Dec 26	10.83%	20
9	n/a	E-mini S&P 500 Future Dec 26	9.67%	3
10	n/a	OTHER ASSETS AND LIABILITIES	8.87%	1,104,510
11	n/a	E-mini Russell 2000 Index Future Dec 26	8.77%	8
12	XLI	State Street Industrial Select Sector SPDR ETF	7.13%	5,259
13	n/a	CBOE VIX FUTURE Oct26	6.69%	52
14	n/a	State Street® CnsmrDiscSelSectSPDR®ETF	6.63%	7,339
15	VFMO	Vanguard U.S. Momentum Factor ETF	6.53%	3,543
16	XRT	State Street SPDR S&P Retail ETF	4.95%	7,355
17	n/a	E-mini Financial Select Sector Future Dec 26	3.91%	3
18	XBI	State Street SPDR S&P Biotech ETF	3.58%	2,905
19	XLU	State Street Utilities Select Sector SPDR ETF	3.41%	10,284
20	n/a	Nikkei/USD Future Dec 26	2.93%	1
21	XLE	State Street Energy Select Sector SPDR ETF	1.24%	2,371
22	n/a	US DOLLARS	0.80%	100,000
23	n/a	BTIC on E-mini S&P Real Estate Select Sector Index Future Dec 26	-4.39%	11
24	n/a	Cash Offset	-82.18%	10,263,503

As of Oct 9, 2026