LTAS

Linden Thomas Advisory Services Portfolio holdings

AUM $908M

1-Year Est. Return 27.4%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4

This Quarter Est. Return

1 Year Est. Return

+27.4%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$908M

AUM Growth

+$136M (+18%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

500

New

Increased

Reduced

Closed

Top Buys

1		+$6.21M
2		+$5.44M
3		+$4.57M
4	F5 FFIV	+$4.37M
5	Aecom ACM	+$4.36M

Top Sells

1		+$3.4M
2		+$2.8M
3		+$2.72M
4	KLA KLAC	+$2.71M
5	Caterpillar CAT	+$2.64M

Sector Composition

1	Technology	32.36%
2	Healthcare	13.79%
3	Industrials	11.83%
4	Financials	10.65%
5	Consumer Discretionary	9.52%

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
251	251 HP HPQ $26B	$1.15M	0.13%	47,212 +1,779
252	252 Ethan Allen Interiors ETD $706M	$1.15M	0.13%	41,353 +8,726
253	253 Landstar System LSTR $4.47B	$1.15M	0.13%	8,251 -49
254	254 Constellation Brands STZ $23.3B	$1.14M	0.13%	7,019 -99
255	255 Strategic Education STRA $1.91B	$1.14M	0.13%	13,409 -134
256	256 Par Pacific Holdings PARR $2.11B	$1.14M	0.13%	42,906 -625
257	257 Quanex NX $682M	$1.14M	0.13%	60,139 -876
258	258 Ambarella AMBA $3.74B	$1.13M	0.12%	17,168 -203
259	259 American Express AXP $248B	$1.12M	0.12%	3,497 -10,649
260	260 West Pharmaceutical WST $20.7B	$1.11M	0.12%	5,072 +140
261	261 Gentherm THRM $1.16B	$1.11M	0.12%	39,121 +21,863
262	262 Applied Industrial Technologies AIT $9.67B	$1.11M	0.12%	4,757 -383
263	263 Cognex CGNX $8.01B	$1.1M	0.12%	34,709 -233
264	PPBI 264 DELISTED Pacific Premier Bancorp PPBI	$1.1M	0.12%	52,065 -660
265	PARA 265 DELISTED Paramount Global Class B PARA	$1.09M	0.12%	84,854 +3,515
266	266 Hilton Worldwide HLT $61B	$1.09M	0.12%	4,102 +108
267	267 Best Buy BBY $17.7B	$1.09M	0.12%	16,255 +628
268	268 National Vision EYE $2.16B	$1.09M	0.12%	47,343 +14,721
269	269 DocuSign DOCU $14B	$1.09M	0.12%	13,978 +40
270	JNPR 270 DELISTED Juniper Networks JNPR	$1.08M	0.12%	27,091 -197
271	271 ONE Gas OGS $4.9B	$1.07M	0.12%	14,925 -149
272	272 PACCAR PCAR $52.2B	$1.07M	0.12%	11,209 +3,865
273	273 Entegris ENTG $14.7B	$1.06M	0.12%	13,128 -267
274	274 Owens & Minor OMI $414M	$1.06M	0.12%	116,186 +84,948
275	275 Synopsys SNPS $84.4B	$1.06M	0.12%	2,061 +654