Entropy Technologies Portfolio holdings

AUM $1.26B

1-Year Est. Return 17.53%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4

This Quarter Est. Return

1 Year Est. Return

+17.53%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$1.03B

AUM Growth

+$56.2M (+5.8%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

1,041

New

Increased

Reduced

Closed

Top Buys

1		+$12.5M
2		+$11.3M
3		+$10.9M
4	Walt Disney DIS	+$10.9M
5	Broadcom AVGO	+$10.6M

Top Sells

1		+$11.5M
2		+$10.9M
3		+$8.36M
4	B Barrick Mining B	+$7.55M
5	Intuit INTU	+$7.54M

Sector Composition

1	Technology	16.67%
2	Industrials	15.41%
3	Financials	14.09%
4	Consumer Discretionary	11.16%
5	Healthcare	10.07%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal
226	226 ResMed RMD $36B	$1.27M	0.12%	5,676 +4,587
227	227 Humana HUM $33.5B	$1.25M	0.12%	+4,726
228	228 CCC Intelligent Solutions CCCS $5.7B	$1.25M	0.12%	+138,397
229	229 DuPont de Nemours DD $34.2B	$1.25M	0.12%	16,732 -4,404
230	230 Option Care Health OPCH $4.22B	$1.25M	0.12%	35,679 -3,138
231	231 AT&T T $176B	$1.24M	0.12%	43,699 -120,353
232	232 Alcoa AA $9.53B	$1.23M	0.12%	+40,435
233	233 Cheniere Energy LNG $46B	$1.23M	0.12%	+5,329
234	234 TG Therapeutics TGTX $5.52B	$1.22M	0.12%	30,859 +22,079
235	235 News Corp Class A NWSA $14.8B	$1.22M	0.12%	44,677 -5,014
236	236 Enphase Energy ENPH $3.99B	$1.22M	0.12%	19,597 +6,534
237	237 ZIM Integrated Shipping Services ZIM $1.85B	$1.21M	0.12%	83,094 +62,093
238	238 Icon ICLR $13.1B	$1.2M	0.12%	6,874 +700
239	239 Celanese CE $4.21B	$1.2M	0.12%	21,114 -628
240	240 Moelis & Co MC $4.7B	$1.2M	0.12%	20,505 +14,930
241	241 Veralto VLTO $24.5B	$1.19M	0.12%	+12,175
242	242 Franco-Nevada FNV $36B	$1.17M	0.11%	+7,432
243	243 Flowserve FLS $8.93B	$1.16M	0.11%	23,793 -7,671
244	244 American International AIG $43.7B	$1.16M	0.11%	+13,309
245	245 Bath & Body Works BBWI $5.05B	$1.15M	0.11%	38,039 +5,193
246	246 Cboe Global Markets CBOE $25.7B	$1.15M	0.11%	5,084 -5,600
247	247 Essex Property Trust ESS $16.2B	$1.15M	0.11%	3,741 -5,945
248	248 Coupang CPNG $58.3B	$1.14M	0.11%	+52,154
249	249 Uber UBER $201B	$1.14M	0.11%	15,694 -35,608
250	250 NetApp NTAP $23.5B	$1.14M	0.11%	12,973 +7,760