APPLX Holdings List

As of Feb 28, 2025

No.	Symbol	Name	% Weight	Shares
1	n/a	Sprott Physical Gold Trust	8.83%	225,000
2	BABA	Alibaba Group Holding Limited	4.00%	17,000
3	DG	Dollar General Corporation	3.95%	30,000
4	LITE 0.5 12.15.26	Lumentum Holdings Inc. 0.5%	3.76%	2,000,000
5	AER	AerCap Holdings N.V.	3.66%	20,000
6	MOS	The Mosaic Company	3.61%	85,000
7	KRX: 005930	Samsung Electronics Co., Ltd.	3.38%	51,000
8	EL	The Estée Lauder Companies Inc.	3.19%	25,000
9	CF	CF Industries Holdings, Inc.	3.17%	22,000
10	TSX: BEI.UN	Boardwalk Real Estate Investment Trust	3.13%	40,000
11	EPA: BOL	Bolloré SE	2.95%	275,000
12	VFC	V.F. Corporation	2.66%	60,000
13	HUM	Humana Inc.	2.64%	5,500
14	GXO	GXO Logistics, Inc.	2.59%	37,000
15	WLFC	Willis Lease Finance Corporation	2.51%	7,000
16	OUNZ	VanEck Merk Gold ETF	2.44%	50,000
17	HLF	Herbalife Ltd.	2.43%	165,000
18	ALEX	Alexander & Baldwin, Inc.	2.41%	75,000
19	SWK	Stanley Black & Decker, Inc.	2.30%	15,000
20	ITRN	Ituran Location and Control Ltd.	2.23%	30,000
21	TII 0.5 01.15.28	United States Treasury Notes 0.5%	2.22%	1,000,000
22	TSX: U.UN	Sprott Physical Uranium Trust Fund	2.16%	85,000
23	IBIT	iShares Bitcoin Trust ETF	2.13%	25,000
24	WMMVY	Wal-Mart de México, S.A.B. de C.V.	2.12%	45,000
25	RHHBY	Roche Holding AG	2.08%	28,000
26	AGNC	AGNC Investment Corp.	2.04%	110,000
27	CC	The Chemours Company	1.99%	75,000
28	DSX	Diana Shipping Inc.	1.98%	600,000
29	WCC	WESCO International, Inc.	1.92%	6,000
30	SONY	Sony Group Corporation	1.56%	35,000
31	GOIXX	Federated Government Obligations Fund	1.54%	866,016
32	SSNC	SS&C Technologies Holdings, Inc.	1.42%	9,000
33	MDT	Medtronic plc	1.31%	8,000
34	MTBA	Simplify MBS ETF	1.29%	14,500
35	RF 2.25 05.18.25	Regions Financial Corporation 2.25%	1.24%	700,000
36	ARDX	Ardelyx, Inc.	1.19%	125,000
37	CCJ	Cameco Corporation	1.17%	15,000
38	WBD 3.45 03.15.25	Discovery Communications, LLC 3.45%	1.11%	625,000
39	GRVY	Gravity Co., Ltd.	1.01%	10,000
40	FNMA V8.25 PERP S	Federal National Mortgage Association Fannie Mae Fixed/Floating Rate Non Cu	0.92%	45,000
41	n/a	Federal National Mortgage Association Fannie Mae 8.25 % Non Cum Pfd Registe	0.76%	40,000
42	n/a	Cdb 5 03/08/25	0.44%	250,000
43	n/a	Spring Bank 4.88 3/31/25	0.44%	250,000
44	n/a	Cash At Broker	0.11%	60,133
45	n/a	Cash	0.00%	1,040
46	MOEX: MOEX	Moscow Exchange MICEX-RTS	0.00%	1,300,000
47	MOEX: SBER	Sberbank of Russia	0.00%	324,000

As of Feb 28, 2025

Asset Allocation

Asset Class	% Weight
Stocks	73.21%
Other	13.38%
Not Classified	5.44%
Cash	4.92%
Bond	3.05%

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%