LAM

L2 Asset Management Portfolio holdings

AUM $611M

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4

This Quarter Return

+12.04%

1 Year Return

+24.26%

3 Year Return

+110.64%

5 Year Return

+187.59%

10 Year Return

–

AUM

$611M

AUM Growth

+$611M (+26%)

Cap. Flow

+$81.2M

Cap. Flow % of AUM

13.29%

Top 10 Holdings % Top 10 Hldgs %

23.15%

Holding

365

New

Increased

219

Reduced

Closed

Top Buys

1	Capital One COF	$6.7M
2	DaVita DVA	$3.71M
3	Vanguard S&P 500 ETF VOO	$3.6M
4	Gilead Sciences GILD	$3.17M
5	Schwab US Large- Cap ETF SCHX	$2.93M

Top Sells

1	DFS Discover Financial Services DFS	$5.48M
2	Cencora COR	$4.77M
3	Applovin APP	$3.89M
4	Hologic HOLX	$2.39M
5	Williams-Sonoma WSM	$2.35M

Sector Composition

1	Technology	25.8%
2	Financials	13.33%
3	Consumer Discretionary	10.31%
4	Communication Services	8.33%
5	Healthcare	5.53%

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	Shares Change %	Capital Flow
326	326 TE Connectivity TEL $60.4B	$224K	0.04%	+1,329	New	+$224K
327	327 iShares Core S&P Small-Cap ETF IJR $84.5B	$224K	0.04%	+2,051	New	+$224K
328	328 Republic Services RSG $72.8B	$224K	0.04%	908 +43	+5%	+$10.6K
329	329 FedEx FDX $52.9B	$224K	0.04%	985 +46	+5%	+$10.5K
330	330 Aaon AAON $6.66B	$223K	0.04%	+3,027	New	+$223K
331	331 American International AIG $44.9B	$223K	0.04%	2,606 -41	-2%	-$3.51K
332	332 PACCAR PCAR $51.9B	$223K	0.04%	2,345 -9	-0.4%	-$855
333	333 Global X Russell 2000 Covered Call & Growth ETF RYLG $8M	$221K	0.04%	+10,408	New	+$221K
334	334 Rayonier RYN $3.98B	$219K	0.04%	+9,884	New	+$219K
335	335 United Rentals URI $61.7B	$218K	0.04%	+290	New	+$218K
336	336 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $29.3B	$218K	0.04%	+1,989	New	+$218K
337	337 Phillips 66 PSX $54.1B	$217K	0.04%	1,821 +68	+4%	+$8.11K
338	338 Vertiv VRT $47.4B	$216K	0.04%	+1,685	New	+$216K
339	339 Fastenal FAST $56.5B	$216K	0.04%	+5,141	New	+$216K
340	340 Dominion Energy D $50.5B	$216K	0.04%	3,820 +245	+7%	+$13.8K
341	341 HF Sinclair DINO $9.74B	$215K	0.04%	+5,239	New	+$215K
342	342 General Motors GM $55.7B	$213K	0.03%	4,334 +69	+2%	+$3.4K
343	343 Crocs CROX $4.94B	$212K	0.03%	+2,095	New	+$212K
344	344 W.W. Grainger GWW $48.6B	$211K	0.03%	+203	New	+$211K
345	345 UFP Industries UFPI $5.87B	$211K	0.03%	+2,120	New	+$211K
346	346 Paychex PAYX $49B	$210K	0.03%	1,446 +72	+5%	+$10.5K
347	347 Public Storage PSA $50.6B	$207K	0.03%	707 +35	+5%	+$10.3K
348	348 Edwards Lifesciences EW $48B	$204K	0.03%	+2,614	New	+$204K
349	349 Janus Henderson Short Duration Income ETF VNLA $2.74B	$204K	0.03%	+4,143	New	+$204K
350	350 Crown Castle CCI $42.7B	$201K	0.03%	+1,960	New	+$201K