Precept Management Portfolio holdings

AUM $43.1M

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 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4

This Quarter Return

+13.18%

1 Year Return

+22.12%

3 Year Return

+57.72%

5 Year Return

+164.21%

10 Year Return

–

AUM

$183M

AUM Growth

+$183M (+41%)

Cap. Flow

+$19.8M

Cap. Flow % of AUM

10.8%

Top 10 Holdings % Top 10 Hldgs %

58.94%

Holding

102

New

Increased

Reduced

Closed

Top Buys

1	iShares Russell 2000 ETF IWM	$13.9M
2	Charles River Laboratories CRL	$13.1M
3	HEICO HEI	$6.98M
4	FIVE9 FIVN	$6.64M
5	ServiceNow NOW	$4.05M

Top Sells

1	Okta OKTA	$5.8M
2	EGIO Edgio, Inc. Common Stock EGIO	$3.71M
3	Advanced Micro Devices AMD	$2.63M
4	Frontline FRO	$2.31M
5	CMBT CMB.TECH NV CMBT	$2.14M

Sector Composition

1	Technology	37.08%
2	Healthcare	15.55%
3	Consumer Discretionary	10.73%
4	Energy	7.54%
5	Industrials	7.18%

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
76	76 Nordic American Tanker NAT $659M	–	–	-180,000	Closed	-$815K
77	77 ON Semiconductor ON $20.3B	–	–	-1,000	Closed	-$12K
78	78 Occidental Petroleum OXY $46.9B	–	–	0	–	–
79	79 Invesco QQQ Trust QQQ $364B	–	–	0	–	–
80	80 RTX Corp RTX $212B	–	–	0	–	–
81	81 VanEck Semiconductor ETF SMH $27B	–	–	0	–	–
82	82 SPDR S&P 500 ETF Trust SPY $658B	–	–	0	–	–
83	83 Stryker SYK $150B	–	–	-1,000	Closed	-$166K
84	84 Hanover Insurance THG $6.21B	–	–	-10,700	Closed	-$969K
85	85 Teekay Tankers TNK $1.7B	–	–	-33,000	Closed	-$734K
86	86 UGI UGI $7.44B	–	–	0	–	–
87	87 Ulta Beauty ULTA $22.1B	–	–	-7,000	Closed	-$1.23M
88	88 United States Oil Fund USO $967M	–	–	-100	Closed	-$3K
89	89 Vericel Corp VCEL $1.83B	–	–	-100,100	Closed	-$918K
90	90 Williams Companies WMB $70.7B	–	–	0	–	–
91	91 SPDR S&P Oil & Gas Exploration & Production ETF XOP $1.9B	–	–	-10,750	Closed	-$354K
92	CMBT 92 CMB.TECH NV CMBT $2.5B	–	–	-190,000	Closed	-$2.14M
93	INFN 93 DELISTED Infinera Corporation Common Stock INFN	–	–	-116,000	Closed	-$615K
94	MRO 94 DELISTED Marathon Oil Corporation MRO	–	–	0	–	–
95	EGIO 95 DELISTED Edgio, Inc. Common Stock EGIO	–	–	-650,000	Closed	-$3.71M
96	ETRN 96 DELISTED Equitrans Midstream Corporation Common Stock ETRN	–	–	0	–	–
97	AMJ 97 DELISTED JP Morgan Alerian MLP Index ETN 5/24/24 AMJ	–	–	-110,000	Closed	-$993K
98	LHCG 98 DELISTED LHC Group LLC LHCG	–	–	-1,000	Closed	-$140K
99	CATM 99 DELISTED Cardtronics plc Class A Ordinary Shares (UK) CATM	–	–	-30,000	Closed	-$628K
100	CRC 100 DELISTED California Resources Corporation CRC	–	–	0	–	–