Quarry LP Portfolio holdings

AUM $433M

1-Year Return 10.68%

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

This Quarter Return

+1.21%

1 Year Return

+10.68%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$154M

AUM Growth

-$25.6M (-14%)

Cap. Flow

-$26.1M

Cap. Flow % of AUM

-16.94%

Top 10 Holdings % Top 10 Hldgs %

27.33%

Holding

1,440

New

451

Increased

217

Reduced

296

Closed

410

Top Buys

1	PLAO Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares PLAO	$6.45M
2	BIOS BioPlus Acquisition Corp. Class A Ordinary Shares BIOS	$4.85M
3	IPXXU Inflection Point Acquisition Corp. II Unit IPXXU	$4.55M
4	AIRJ Montana Technologies Corp AIRJ	$4.19M
5	FRBN Forbion European Acquisition Corp. Class A Ordinary Shares FRBN	$4.13M

Top Sells

1	KVSC Khosla Ventures Acquisition Co. III Class A Common Stock KVSC	$9.76M
2	CCVI Churchill Capital Corp VI CCVI	$9.27M
3	CVII Churchill Capital Corp VII Class A Common Stock CVII	$8.23M
4	NSTD Northern Star Investment Corp. IV NSTD	$6.33M
5	RRAC Rigel Resource Acquisition Corp. RRAC	$5.55M

Sector Composition

1	Financials	49.31%
2	Healthcare	9.83%
3	Industrials	9.04%
4	Technology	6.68%
5	Consumer Discretionary	4.03%

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
351	351 Ashland ASH $2.51B	$30.8K	0.01%	+354	New	+$30.8K
352	352 Costco COST $427B	$30.7K	0.01%	57 -102	-64%	-$54.9K
353	353 Wendy's WEN $1.97B	$30.5K	0.01%	1,403 +961	+217%	+$20.9K
354	KREF 354 KKR Real Estate Finance Trust KREF $648M	$30.3K	0.01%	2,492 -1,358	-35%	-$16.5K
355	355 LyondellBasell Industries LYB $17.7B	$30.3K	0.01%	330 +242	+275%	+$22.2K
356	356 Assurant AIZ $10.7B	$30.3K	0.01%	241 +69	+40%	+$8.68K
357	DISH 357 DELISTED DISH Network Corp. DISH	$30.1K	0.01%	4,573 +2,360	+107%	+$15.6K
358	358 Groupon GRPN $971M	$30.1K	0.01%	+5,095	New	+$30.1K
359	359 Select Medical SEM $1.62B	$30.1K	0.01%	+1,754	New	+$30.1K
360	360 Nomad Foods NOMD $2.21B	$30.1K	0.01%	+1,718	New	+$30.1K
361	361 Shutterstock SSTK $713M	$29.7K	0.01%	611 +275	+82%	+$13.4K
362	362 Ingredion INGR $8.24B	$29.7K	0.01%	+280	New	+$29.7K
363	363 Yext YEXT $1.1B	$29.7K	0.01%	+2,623	New	+$29.7K
364	364 GitLab GTLB $7.63B	$29.6K	0.01%	+580	New	+$29.6K
365	365 Fabrinet FN $13.2B	$29.6K	0.01%	228 -269	-54%	-$34.9K
366	366 NNN REIT NNN $8.18B	$29.5K	0.01%	690 +298	+76%	+$12.8K
367	367 Scorpio Tankers STNG $2.71B	$29.5K	0.01%	625 +95	+18%	+$4.49K
368	368 Amplify Energy AMPY $155M	$29.5K	0.01%	+4,350	New	+$29.5K
369	369 Calix CALX $3.96B	$29.4K	0.01%	589 -385	-40%	-$19.2K
370	370 Workday WDAY $61.7B	$29.4K	0.01%	+130	New	+$29.4K
371	371 Vistra VST $63.7B	$29.3K	0.01%	+1,117	New	+$29.3K
372	372 Caterpillar CAT $198B	$29.3K	0.01%	119 -86	-42%	-$21.2K
373	373 WIX.com WIX $8.52B	$29.1K	0.01%	+372	New	+$29.1K
374	374 PPG Industries PPG $24.8B	$29.1K	0.01%	+196	New	+$29.1K
375	375 Zumiez ZUMZ $366M	$29K	0.01%	1,738 +1,280	+279%	+$21.3K