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
401	401 STAAR Surgical STAA $1.34B	$347K	0.04%	20,709 -269
402	402 Neogen NEOG $1.34B	$342K	0.04%	71,596 -1,191
403	403 Designer Brands DBI $182M	$339K	0.04%	142,589 -2,372
404	404 AppFolio APPF $8.76B	$338K	0.04%	1,469 +75
405	405 Xencor XNCR $1.02B	$334K	0.04%	42,505 -722
406	406 Polaris PII $3.79B	$326K	0.04%	8,014 +30
407	407 Electronic Arts EA $49.9B	$299K	0.03%	1,874 +93
408	408 Seagate STX $47.5B	$295K	0.03%	2,046 -356
409	409 Axcelis ACLS $2.59B	$288K	0.03%	+4,127
410	410 Flex FLEX $24B	$285K	0.03%	+5,714
411	411 Goldman Sachs GS $245B	$282K	0.03%	398 -222
412	412 Nucor NUE $34.9B	$281K	0.03%	+2,166
413	413 Deckers Outdoor DECK $13B	$280K	0.03%	2,714 -5,313
414	414 Evercore EVR $12.4B	$278K	0.03%	1,030 -150
415	415 Synchrony SYF $26.9B	$275K	0.03%	4,113 -1,127
416	416 CBRE Group CBRE $47.4B	$274K	0.03%	1,953 -419
417	417 Oshkosh OSK $8.8B	$271K	0.03%	+2,385
418	418 Caterpillar CAT $246B	$271K	0.03%	697 -6,792
419	419 A10 Networks ATEN $1.31B	$268K	0.03%	13,863 +708
420	420 Deere & Co DE $127B	$268K	0.03%	527 -70
421	421 NXP Semiconductors NXPI $53.7B	$267K	0.03%	+1,224
422	422 Capital One COF $140B	$267K	0.03%	1,256 -348
423	423 Franklin Resources BEN $12.1B	$264K	0.03%	+11,085
424	424 D.R. Horton DHI $45.8B	$264K	0.03%	+2,050
425	425 Academy Sports + Outdoors ASO $3.34B	$264K	0.03%	+5,889