HT

Headlands Technologies Portfolio holdings

AUM $877M

AUM

$877M

AUM Growth

-$118M (-12%)

Cap. Flow

+$231M

Cap. Flow % of AUM

26.35%

Top 10 Holdings %Top 10 Hldgs %

20.14%

Holding

1,607

New

447

Increased

325

Reduced

323

Closed

506

Top Buys

1	Meta Platforms (Facebook) META	$27.6M
2	Alphabet (Google) Class A GOOGL	$18.4M
3	Intuitive Surgical ISRG	$14.3M
4	SPDR Gold Trust GLD	$12.7M
5	Alphabet (Google) Class C GOOG	$10.7M

Top Sells

1	SPDR S&P 500 ETF Trust SPY	$37.2M
2	Vanguard S&P 500 ETF VOO	$17.3M
3	Bank of America BAC	$10.4M
4	Exxon Mobil XOM	$9.16M
5	Chevron CVX	$8.99M

Sector Composition

1	Technology	23.31%
2	Healthcare	11.72%
3	Communication Services	10.76%
4	Consumer Discretionary	10.43%
5	Financials	10.21%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1601	1601 Deutsche Bank DB $54.6B	$0	0%	0 -8,894	Closed	–
1602	1602 Donaldson DCI $8.2B	$0	0%	0 -2,249	Closed	–
1603	1603 3D Systems Corporation DDD $236M	$0	0%	0 -958	Closed	–
1604	1604 Deckers Outdoor DECK $16.3B	$0	0%	0 -144	Closed	–
1605	1605 Douglas Emmett DEI $2.46B	$0	0%	0 -1,930	Closed	–
1606	1606 Dollar General DG $25B	$0	0%	0 -13,577	Closed	–
1607	1607 HF Sinclair DINO $6.93B	$0	0%	0 -2,504	Closed	–