APPLX Holdings List

As of Mar 31, 2025

No.	Symbol	Name	% Weight	Shares
1	n/a	Sprott Physical Gold Trust	8.85%	200,000
2	DG	Dollar General Corporation	4.04%	25,000
3	BABA	Alibaba Group Holding Limited	3.89%	16,000
4	LITE.0.5 12.15.26	Lumentum Holdings Inc. - Lumentum Holdings, Inc.	3.83%	2,000,000
5	AER	AerCap Holdings N.V.	3.76%	20,000
6	MOS	The Mosaic Company	3.73%	75,000
7	KRX: 005930	Samsung Electronics Co., Ltd.	3.68%	51,000
8	EPA: BOL	Bolloré SE	3.49%	325,000
9	TSX: BEI.UN	Boardwalk Real Estate Investment Trust	3.43%	40,000
10	CF	CF Industries Holdings, Inc.	3.16%	22,000
11	EL	The Estée Lauder Companies Inc.	3.04%	25,000
12	HUM	Humana Inc.	2.92%	6,000
13	OUNZ	VanEck Merk Gold ETF	2.77%	50,000
14	GXO	GXO Logistics, Inc.	2.66%	37,000
15	SWK	Stanley Black & Decker, Inc.	2.55%	18,000
16	n/a	United States Treasury Notes - United States Treasury Inflation Indexed Bonds	2.33%	1,000,000
17	WLFC	Willis Lease Finance Corporation	2.32%	8,000
18	WCC	WESCO International, Inc.	2.29%	8,000
19	WMMVY	Wal-Mart de México, S.A.B. de C.V.	2.28%	45,000
20	TSX: U.UN	Sprott Physical Uranium Trust Fund	2.23%	85,000
21	IBIT	iShares Bitcoin Trust ETF	2.15%	25,000
22	CRL	Charles River Laboratories International, Inc.	2.08%	7,500
23	ITRN	Ituran Location and Control Ltd.	2.00%	30,000
24	CC	The Chemours Company	1.99%	80,000
25	HLF	Herbalife Ltd.	1.98%	125,000
26	AGNC	AGNC Investment Corp.	1.94%	110,000
27	ALEX	Alexander & Baldwin, Inc.	1.90%	60,000
28	DSX	Diana Shipping Inc.	1.72%	600,000
29	VFC	V.F. Corporation	1.71%	60,000
30	SONY	Sony Group Corporation	1.63%	35,000
31	CCJ	Cameco Corporation	1.51%	20,000
32	GOIXX	Federated Government Obligations Fund	1.38%	750,962
33	MTBA	Simplify MBS ETF	1.34%	14,500
34	RF.2.25 05.18.25	Regions Financial Corporation - Regions Financial Corp 2.25 05/18/25	1.28%	700,000
35	SSNC	SS&C Technologies Holdings, Inc.	1.23%	8,000
36	ARDX	Ardelyx, Inc.	1.13%	125,000
37	GRVY	Gravity Co., Ltd.	1.11%	10,000
38	MDT	Medtronic plc	0.99%	6,000
39	n/a	Federal National Mortgage Association, Series S, 8.25%	0.99%	45,000
40	RHHBY	Roche Holding AG	0.98%	13,000
41	n/a	Federal National Mortgage Association, Series T, 8.25%	0.81%	40,000
42	n/a	Community Development Bank	0.46%	250,000
43	MOEX: MOEX	Moscow Exchange MICEX-RTS	0.00%	1,300,000
44	MOEX: SBER	Sberbank of Russia	0.00%	324,000

As of Mar 31, 2025

Asset Allocation

Asset Class	% Weight
Stocks	69.35%
Other	14.22%
Cash	6.51%
Not Classified	6.40%
Bond	3.52%

Sector Breakdown

Sector	% Weight
Other	36.60%
Information Technology	14.53%
Financials	10.41%
Materials	7.49%
Industrials	6.95%
Consumer Staples	6.80%
Real Estate	6.07%
Health Care	4.62%
Consumer Discretionary	3.31%
Communication Services	3.22%

Country Breakdown

Sector	% Weight
United States	59.97%
Canada	14.68%
Korea	4.38%
Other	4.10%
Cayman Islands	3.83%
Ireland	3.43%
Germany	3.31%
France	3.22%
Israel	3.08%