The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
iShares Expanded Tech-Software Sector ETF USD Class COM 464287515   22,873 285,736 SH   SOLE   285,736 0 0
iShares U.S. Home Construction ETF USD Class COM 464288752   58,265 643,452 SH   SOLE   643,452 0 0
Vanguard Financials ETF COM 92204A405   111,735 924,885 SH   SOLE   924,885 0 0
State Street Materials Select Sector SPDR ETF USD Class COM 81369Y100   103,582 2,072,875 SH   SOLE   2,072,875 0 0
State Street Communication Services Select Sector SPDR ETF COM 81369Y852   254,359 2,294,415 SH   SOLE   2,294,415 0 0
State Street Financial Select Sector SPDR ETF USD Class COM 81369Y605   241,362 4,888,847 SH   SOLE   4,888,847 0 0
State Street Industrial Select Sector SPDR ETF USD Class COM 81369Y704   226,567 1,400,899 SH   SOLE   1,400,899 0 0
State Street Technology Select Sector SPDR ETF USD Class COM 81369Y803   677,762 5,099,787 SH   SOLE   5,099,787 0 0
State Street Health Care Select Sector SPDR ETF USD Class COM 81369Y209   372,864 2,543,237 SH   SOLE   2,543,237 0 0
State Street Consumer Discretionary Select Sector SPDR ETF COM 81369Y407   226,574 2,079,043 SH   SOLE   2,079,043 0 0
Franklin FTSE China ETF COM 35473P819   5,274 235,566 SH   SOLE   235,566 0 0
iShares Core MSCI International Developed Markets ETF COM 46435G326   77,412 926,308 SH   SOLE   926,308 0 0
State Street Sweep COM 857492888   537 536,878 SH   SOLE   536,878 0 0
Franklin FTSE Canada ETF USD Class COM 35473P827   5,145 105,123 SH   SOLE   105,123 0 0
iShares Core MSCI Emerging Markets ETF USD Class COM 46434G103   34,734 497,980 SH   SOLE   497,980 0 0
iShares Latin America 40 ETF COM 464287390   22,632 637,164 SH   SOLE   637,164 0 0
SPDR Portfolio Emerging Markets ETF USD Class COM 78463X509   13,893 296,170 SH   SOLE   296,170 0 0
State Street SPDR Portfolio Europe ETF COM 78463X103   24,603 480,144 SH   SOLE   480,144 0 0
Vanguard FTSE Pacific ETF COM 922042866   15,227 155,805 SH   SOLE   155,805 0 0
AAON Inc. COM 000360206   2,818 34,054 SH   SOLE   34,054 0 0
Advanced Micro Devices Inc. COM 007903107   1,926 9,468 SH   SOLE   9,468 0 0
AeroVironment Inc. COM 008073108   1,153 6,297 SH   SOLE   6,297 0 0
Agilent Technologies Inc. COM 00846U101   988 8,668 SH   SOLE   8,668 0 0
Analog Devices Inc. COM 032654105   1,761 5,536 SH   SOLE   5,536 0 0
Argan Inc. COM 04010E109   3,018 5,541 SH   SOLE   5,541 0 0
Autodesk Inc. COM 052769106   3,412 14,254 SH   SOLE   14,254 0 0
Automatic Data Processing Inc. COM 053015103   965 4,748 SH   SOLE   4,748 0 0
Axon Enterprise Inc. COM 05464C101   2,019 4,753 SH   SOLE   4,753 0 0
BWX Technologies Inc. COM 05605H100   2,592 12,673 SH   SOLE   12,673 0 0
Bentley Systems Inc. COM 08265T208   2,241 63,824 SH   SOLE   63,824 0 0
BlackBerry Ltd. COM 09228F103   1,284 396,287 SH   SOLE   396,287 0 0
CAE Inc. COM 124765108   784 30,094 SH   SOLE   30,094 0 0
CSW Industrials Inc. COM 126402106   1,032 3,960 SH   SOLE   3,960 0 0
CACI International Inc. COM 127190304   863 1,586 SH   SOLE   1,586 0 0
Cargurus Inc. COM 141788109   966 28,368 SH   SOLE   28,368 0 0
Ciena Corporation COM 171779309   3,996 10,294 SH   SOLE   10,294 0 0
Clear Secure Inc. COM 18467V109   4,675 96,571 SH   SOLE   96,571 0 0
Cloudflare Inc. COM 18915M107   2,937 14,234 SH   SOLE   14,234 0 0
Constellation Energy Corporation COM 21037T109   2,553 9,141 SH   SOLE   9,141 0 0
Crane Company COM 224408104   1,482 8,668 SH   SOLE   8,668 0 0
Crowdstrike Holdings Inc. COM 22788C105   3,112 7,972 SH   SOLE   7,972 0 0
Curtiss-Wright Corporation COM 231561101   1,617 2,374 SH   SOLE   2,374 0 0
Dexcom Inc. COM 252131107   1,089 17,336 SH   SOLE   17,336 0 0
DoorDash Inc. COM 25809K105   2,011 13,396 SH   SOLE   13,396 0 0
Doximity Inc. COM 26622P107   1,827 78,397 SH   SOLE   78,397 0 0
Equifax Inc. COM 294429105   1,425 7,915 SH   SOLE   7,915 0 0
Expedia Group Inc. COM 30212P303   1,637 7,092 SH   SOLE   7,092 0 0
Fair Isaac Corporation COM 303250104   2,534 2,374 SH   SOLE   2,374 0 0
F5 Inc. COM 315616102   2,294 7,930 SH   SOLE   7,930 0 0
First Solar Inc. COM 336433107   625 3,167 SH   SOLE   3,167 0 0
Fortinet Inc. COM 34959E109   2,916 35,685 SH   SOLE   35,685 0 0
Arthur J Gallagher & Company COM 363576109   1,028 4,748 SH   SOLE   4,748 0 0
GE Vernova Inc. COM 36828A101   3,457 3,960 SH   SOLE   3,960 0 0
General Dynamics Corporation COM 369550108   815 2,374 SH   SOLE   2,374 0 0
Graco Inc. COM 384109104   2,068 24,428 SH   SOLE   24,428 0 0
Haemonetics Corporation COM 405024100   1,599 28,368 SH   SOLE   28,368 0 0
HealthEquity Inc. COM 42226A107   1,124 13,451 SH   SOLE   13,451 0 0
Hinge Health Inc. COM 433313103   2,370 61,464 SH   SOLE   61,464 0 0
Huntington Ingalls Industries Inc. COM 446413106   902 2,374 SH   SOLE   2,374 0 0
Insulet Corporation COM 45784P101   2,987 14,233 SH   SOLE   14,233 0 0
Intuitive Surgical Inc. COM 46120E602   727 1,576 SH   SOLE   1,576 0 0
JBT Marel Corporation COM 477839104   1,415 11,067 SH   SOLE   11,067 0 0
Kadant Inc. COM 48282T104   921 3,152 SH   SOLE   3,152 0 0
Karman Holdings Inc. COM 485924104   1,775 22,174 SH   SOLE   22,174 0 0
Keysight Technologies Inc. COM 49338L103   3,560 12,608 SH   SOLE   12,608 0 0
Kratos Defense & Security Solutions Inc. COM 50077B207   1,396 19,800 SH   SOLE   19,800 0 0
Leidos Holdings Inc. COM 525327102   616 3,960 SH   SOLE   3,960 0 0
Lumentum Holdings Inc. COM 55024U109   4,451 6,334 SH   SOLE   6,334 0 0
Marvell Technology Inc. COM 573874104   1,327 13,396 SH   SOLE   13,396 0 0
MercadoLibre Inc. COM 58733R102   2,734 1,581 SH   SOLE   1,581 0 0
Mettler-Toledo International Inc. COM 592688105   1,000 793 SH   SOLE   793 0 0
Micron Technology Inc. COM 595112103   3,816 11,294 SH   SOLE   11,294 0 0
Modine Manufacturing Company COM 607828100   1,888 8,713 SH   SOLE   8,713 0 0
Moody's Corporation COM 615369105   1,725 3,955 SH   SOLE   3,955 0 0
Moog Inc. COM 615394202   927 3,167 SH   SOLE   3,167 0 0
NRG Energy Inc. COM 629377508   1,157 7,920 SH   SOLE   7,920 0 0
Netflix Inc. COM 64110L106   1,292 13,436 SH   SOLE   13,436 0 0
Gen Digital Inc. COM 668771108   1,845 97,969 SH   SOLE   97,969 0 0
Onto Innovation Inc. COM 683344105   1,939 9,456 SH   SOLE   9,456 0 0
Ormat Technologies Inc. COM 686688102   886 7,920 SH   SOLE   7,920 0 0
Palo Alto Networks Inc. COM 697435105   4,731 29,507 SH   SOLE   29,507 0 0
Parker-Hannifin Corporation COM 701094104   1,411 1,576 SH   SOLE   1,576 0 0
Paychex Inc. COM 704326107   875 9,496 SH   SOLE   9,496 0 0
PDD Holdings Inc. COM 722304102   1,133 11,087 SH   SOLE   11,087 0 0
Qualys Inc. COM 74758T303   1,391 15,835 SH   SOLE   15,835 0 0
Ralliant Corporation COM 750940108   1,016 24,428 SH   SOLE   24,428 0 0
Rockwell Automation Inc. COM 773903109   2,558 7,127 SH   SOLE   7,127 0 0
Roku Inc. COM 77543R102   1,044 11,032 SH   SOLE   11,032 0 0
Rubrik Inc. COM 781154109   2,757 56,303 SH   SOLE   56,303 0 0
Sea Ltd. COM 81141R100   1,759 21,247 SH   SOLE   21,247 0 0
State Street Sweep COM 857492888   1,930 1,929,829 SH   SOLE   1,929,829 0 0
Taiwan Semiconductor Manufacturing Company Ltd. COM 874039100   1,864 5,516 SH   SOLE   5,516 0 0
Talen Energy Corporation COM 87422Q109   2,781 8,713 SH   SOLE   8,713 0 0
Teradyne Inc. COM 880770102   2,817 9,501 SH   SOLE   9,501 0 0
Trade Desk Inc. (The) COM 88339J105   1,341 59,100 SH   SOLE   59,100 0 0
TransUnion COM 89400J107   1,150 16,618 SH   SOLE   16,618 0 0
Trimble Inc. COM 896239100   1,799 27,580 SH   SOLE   27,580 0 0
Tyler Technologies Inc. COM 902252105   543 1,586 SH   SOLE   1,586 0 0
Uber Technologies Inc. COM 90353T100   3,076 42,762 SH   SOLE   42,762 0 0
Upwork Inc. COM 91688F104   674 61,464 SH   SOLE   61,464 0 0
Varonis Systems Inc. COM 922280102   2,073 96,541 SH   SOLE   96,541 0 0
Veeva Systems Inc. COM 922475108   1,665 9,481 SH   SOLE   9,481 0 0
Veracyte Inc. COM 92337F107   1,990 61,769 SH   SOLE   61,769 0 0
Vertiv Holdings Company COM 92537N108   2,778 11,087 SH   SOLE   11,087 0 0
Viavi Solutions Inc. COM 925550105   1,993 59,888 SH   SOLE   59,888 0 0
Vistra Corporation COM 92840M102   2,738 18,214 SH   SOLE   18,214 0 0
Waters Corporation COM 941848103   1,643 5,516 SH   SOLE   5,516 0 0
Waystar Holding Corporation COM 946784105   855 35,460 SH   SOLE   35,460 0 0
Western Digital Corporation COM 958102105   1,492 5,516 SH   SOLE   5,516 0 0
Woodward Inc. COM 980745103   2,835 7,920 SH   SOLE   7,920 0 0
Zscaler Inc. COM 98980G102   1,947 13,875 SH   SOLE   13,875 0 0
Fabrinet COM G3323L100   1,644 3,152 SH   SOLE   3,152 0 0
Seagate Technology Holdings plc COM G7997R103   1,544 3,940 SH   SOLE   3,940 0 0
Garmin Ltd. COM H2906T109   1,286 5,541 SH   SOLE   5,541 0 0
Sportradar Group A.G. COM H8088L103   3,433 205,102 SH   SOLE   205,102 0 0
Elbit Systems Ltd. COM M3760D101   1,347 1,586 SH   SOLE   1,586 0 0