Breakdown by Country

SWAN Holdings List

No.	Symbol	Name	% Weight	Shares
1	n/a	Option On State Street® Spdr® S&P 500® Etf Dec26	12.20%	878
2	n/a	Option On State Street® Spdr® S&P 500® Etf Jun27	10.60%	962
3	T.1.375 11.15.31	United States Treasury Notes 1.38%	8.61%	16,145,000
4	T.2.875 05.15.32	United States Treasury Notes 2.88%	8.58%	14,998,000
5	T.3.375 05.15.33	United States Treasury Notes 3.38%	8.56%	14,746,000
6	T.4 11.15.35	United States Treasury Notes 4%	8.55%	14,494,000
7	T.4.125 11.15.32	United States Treasury Notes 4.13%	8.55%	14,032,000
8	T.4.375 05.15.36	United States Treasury Notes 4.38%	8.55%	14,100,000
9	T.4.5 11.15.33	United States Treasury Notes 4.5%	8.53%	13,774,000
10	T.4.375 05.15.34	United States Treasury Notes 4.38%	8.53%	13,914,000
11	T.4.25 11.15.34	United States Treasury Notes 4.25%	8.52%	14,067,000
12	T.4.25 05.15.35	United States Treasury Notes 4.25%	8.52%	14,105,000
13	n/a	OTHER ASSETS AND LIABILITIES	0.80%	1,286,393
14	AGPXX	Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class	0.37%	596,408
15	n/a	Cash Offset	-9.45%	15,220,484

As of Aug 12, 2026