Breakdown by Country

SWAN Holdings List

No.	Symbol	Name	% Weight	Shares
1	n/a	Option On State Street® Spdr® S&P 500® Etf Dec26	10.88%	881
2	n/a	Option On State Street® Spdr® S&P 500® Etf Jun27	9.56%	968
3	T.4.375 05.15.36	United States Treasury Notes 4.38%	8.86%	14,338,000
4	n/a	United States Treasury Notes 4%	8.86%	14,741,000
5	T.1.375 11.15.31	United States Treasury Notes 1.38%	8.84%	16,459,000
6	T.4.25 05.15.35	United States Treasury Notes 4.25%	8.83%	14,376,000
7	T.2.875 05.15.32	United States Treasury Notes 2.88%	8.83%	15,288,000
8	T.3.375 05.15.33	United States Treasury Notes 3.38%	8.83%	15,032,000
9	T.4.25 11.15.34	United States Treasury Notes 4.25%	8.83%	14,338,000
10	T.4.375 05.15.34	United States Treasury Notes 4.38%	8.82%	14,184,000
11	T.4.5 11.15.33	United States Treasury Notes 4.5%	8.82%	14,041,000
12	n/a	United States Treasury Notes 4.13%	8.82%	14,303,000
13	AGPXX	Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class	0.43%	688,460
14	n/a	OTHER ASSETS AND LIABILITIES	0.34%	548,088
15	n/a	Cash Offset	-9.55%	15,302,624

As of Jun 23, 2026