DCM

Difesa Capital Management Portfolio holdings

AUM $38.1M

AUM

$38.1M

AUM Growth

-$67.8M (-64%)

Cap. Flow

-$848K

Cap. Flow % of AUM

-2.23%

Top 10 Holdings %Top 10 Hldgs %

78.69%

Holding

212

New

Increased

Reduced

Closed

173

Top Buys

1	Acacia Research ACTG	$699K
2	Pacific Biosciences PACB	$488K
3	Alliance Resource Partners ARLP	$281K
4	Tesla TSLA	$255K
5	Microsoft MSFT	$198K

Top Sells

1	Immatics N.V. Warrants IMTXW	$1.12M
2	MMP Magellan Midstream Partners, L.P. MMP	$968K
3	Evolv Technologies EVLV	$809K
4	BioMarin Pharmaceuticals BMRN	$191K
5	Cameco CCJ	$97.1K

Sector Composition

1	Energy	29.74%
2	Consumer Discretionary	16.95%
3	Technology	16.14%
4	Industrials	14.84%
5	Financials	14.84%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
76	PEARW 76 DELISTED Pear Therapeutics, Inc. Warrant PEARW	$0	0%	0 -551,435	Closed	–
77	REVEW 77 DELISTED Alpine Acquisition Corporation Warrant REVEW	$0	0%	0 -26,711	Closed	–
78	ATIP 78 DELISTED ATI Physical Therapy, Inc. ATIP	$0	0%	0 -150,000	Closed	–
79	FIACW 79 DELISTED Focus Impact Acquisition Corp. Warrant FIACW	$0	0%	0 -35,000	Closed	–
80	ACRO.WS 80 DELISTED Acropolis Infrastructure Acquisition Corp. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share ACRO.WS	$0	0%	0 -39,212	Closed	–
81	JUN.WS 81 DELISTED Juniper II Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 JUN.WS	$0	0%	0 -100,000	Closed	–
82	MEOAW 82 DELISTED Minority Equality Opportunities Acquisition Inc. Warrants MEOAW	$0	0%	0 -108,350	Closed	–
83	PSPC.WS 83 DELISTED Post Holdings Partnering Corporation Redeemable Warrants, each whole warrant exercisable for one share of Series A common stock at an exercise price of $11.50 PSPC.WS	$0	0%	0 -107,161	Closed	–
84	ASBPW 84 Aspire Biopharma Holdings, Inc. Warrant ASBPW	$0	0%	0 -75,000	Closed	–
85	85 Sylvamo SLVM $2.16B	$0	0%	0 -20,000	Closed	–
86	86 SPDR S&P 500 ETF Trust SPY $624B	$0	0%	0	–	–
87	ADVWW 87 Advantage Solutions Warrant ADVWW	$0	0%	0 -386,783	Closed	–
88	88 APA Corp APA $6.14B	$0	0%	0 -5,800	Closed	–
89	89 Butterfly Network, Inc. Redeemable Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share BFLY.WS $17.3M	$0	0%	0 -365,690	Closed	–
90	90 Blade Air Mobility, Inc. Warrants BLDEW $15.3M	$0	0%	0 -219,875	Closed	–
91	91 Bitcoin Depot BTM $90.2M	$0	0%	0 -220,000	Closed	–
92	BTMWW 92 Bitcoin Depot Inc. Warrant BTMWW $4.86M	$0	0%	0 -200,000	Closed	–
93	93 CXApp Inc. Warrant CXAIW $1.4M	$0	0%	0 -100,000	Closed	–
94	94 Evolv Technologies Holdings, Inc. Warrant EVLVW $66.3M	$0	0%	0 -521,321	Closed	–
95	95 Genius Sports GENI $2.27B	$0	0%	0 -94,707	Closed	–
96	96 Grove Collaborative GROV $55.6M	$0	0%	0 -196,240	Closed	–
97	97 Holley Inc. Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 HLLY.WS	$0	0%	0 -436,002	Closed	–
98	98 indie Semiconductor INDI $516M	$0	0%	0	–	–
99	IVCA 99 DELISTED Investcorp India Acquisition Corp IVCA	$0	0%	0 -200,000	Closed	–
100	IVCAW 100 DELISTED Investcorp AI Acquisition Corp. Warrant IVCAW	$0	0%	0 -100,000	Closed	–