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

+1.91%

1 Year Return

+10.68%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$198M

AUM Growth

+$43.3M (+28%)

Cap. Flow

+$32.2M

Cap. Flow % of AUM

16.24%

Top 10 Holdings % Top 10 Hldgs %

26.25%

Holding

1,660

New

615

Increased

263

Reduced

417

Closed

300

Top Buys

1	SEDA SDCL EDGE Acquisition Corporation SEDA	$10.6M
2	CVII Churchill Capital Corp VII Class A Common Stock CVII	$5.63M
3	IVCB Investcorp Europe Acquisition Corp I Class A Ordinary Shares IVCB	$4.67M
4	SCRMU Screaming Eagle Acquisition Corp. Unit SCRMU	$4.02M
5	RENE Cartesian Growth Corp II RENE	$3.04M

Top Sells

1	iShares 20+ Year Treasury Bond ETF TLT	$5.12M
2	Energy Select Sector SPDR Fund XLE	$4.36M
3	PNST Pinstripes Holdings, Inc. PNST	$3.05M
4	GAQ Generation Asia I Acquisition Limited Class A Ordinary Shares GAQ	$2.77M
5	ACRO Acropolis Infrastructure Acquisition Corp. ACRO	$2.57M

Sector Composition

1	Financials	48.63%
2	Industrials	8.52%
3	Technology	5.4%
4	Healthcare	2.51%
5	Consumer Discretionary	2.33%

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
376	376 Old Republic International ORI $10.1B	$39.2K	0.01%	+1,334	New	+$39.2K
377	377 AMN Healthcare AMN $799M	$38.9K	0.01%	519 +204	+65%	+$15.3K
378	378 HF Sinclair DINO $9.56B	$38.8K	0.01%	+699	New	+$38.8K
379	379 Crown Holdings CCK $11B	$38.8K	0.01%	421 +276	+190%	+$25.4K
380	380 State Street STT $32B	$38.7K	0.01%	+500	New	+$38.7K
381	381 Teladoc Health TDOC $1.38B	$38.6K	0.01%	1,792 +255	+17%	+$5.5K
382	382 Resources Connection RGP $167M	$38.6K	0.01%	+2,725	New	+$38.6K
383	383 Ciena CIEN $16.5B	$38.4K	0.01%	854 +130	+18%	+$5.85K
384	384 Installed Building Products IBP $7.44B	$38.2K	0.01%	209 +57	+38%	+$10.4K
385	385 WillScot Mobile Mini Holdings WSC $4.32B	$38.1K	0.01%	+857	New	+$38.1K
386	386 MGIC Investment MTG $6.55B	$38.1K	0.01%	1,977 +1,403	+244%	+$27.1K
387	387 Fluence Energy FLNC $989M	$38.1K	0.01%	+1,598	New	+$38.1K
388	388 Manhattan Associates MANH $13B	$38.1K	0.01%	+177	New	+$38.1K
389	389 KeyCorp KEY $20.8B	$38.1K	0.01%	+2,644	New	+$38.1K
390	390 Generac Holdings GNRC $10.6B	$38K	0.01%	294 +202	+220%	+$26.1K
391	391 Robinhood HOOD $90B	$37.9K	0.01%	2,974 -863	-22%	-$11K
392	392 International Money Express IMXI $430M	$37.7K	0.01%	1,708 -1,983	-54%	-$43.8K
393	393 Fiverr FVRR $875M	$37.7K	0.01%	1,385 -500	-27%	-$13.6K
394	394 Qiagen QGEN $10.3B	$37.6K	0.01%	+816	New	+$37.6K
395	395 Lennar Class A LEN $36.7B	$37.6K	0.01%	260	–	–
396	BRDG 396 DELISTED Bridge Investment Group BRDG	$37.2K	0.01%	+3,806	New	+$37.2K
397	397 Dolby DLB $6.96B	$37.1K	0.01%	+431	New	+$37.1K
398	398 Phinia Inc PHIN $2.28B	$37K	0.01%	+1,222	New	+$37K
399	399 Laureate Education LAUR $4.1B	$36.8K	0.01%	2,683 +923	+52%	+$12.7K
400	400 Healthcare Services Group HCSG $1.15B	$36.8K	0.01%	3,544 +315	+10%	+$3.27K