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

-0.55%

1 Year Return

+10.68%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$240M

AUM Growth

-$3.73M (-1.5%)

Cap. Flow

-$12.7M

Cap. Flow % of AUM

-5.31%

Top 10 Holdings % Top 10 Hldgs %

18.62%

Holding

2,204

New

604

Increased

681

Reduced

405

Closed

431

Top Buys

1	CVII Churchill Capital Corp VII Class A Common Stock CVII	+$2.69M
2	FSD FIRST TRUST HIGH INCOME LONG/SHORT FUND FSD	+$2.66M
3	SBXC SilverBox Corp III SBXC	+$2.12M
4	Leidos LDOS	+$2.09M
5	FLG Flagstar Financial, Inc. FLG	+$2.07M

Top Sells

1	SCRM Screaming Eagle Acquisition Corp. Class A Ordinary Shares SCRM	+$13.7M
2	APCA AP Acquisition Corp APCA	+$5.19M
3	SPDR Bloomberg High Yield Bond ETF JNK	+$3.66M
4	BOCN Blue Ocean Acquisition Corp Class A Ordinary Shares BOCN	+$3.32M
5	FEI FIRST TRUST MLP AND ENERGY INCOME FUND FEI	+$3.19M

Sector Composition

1	Financials	24.43%
2	Technology	8.23%
3	Energy	8.15%
4	Industrials	7.26%
5	Healthcare	6.8%

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
701	701 Definitive Healthcare DH $430M	$44.7K	0.01%	8,181 -23,068	-74%	-$126K
702	702 Gaming and Leisure Properties GLPI $13.7B	$44.7K	0.01%	988 -577	-37%	-$26.1K
703	703 Trex TREX $6.68B	$44.6K	0.01%	602 +513	+576%	+$38K
704	704 Donnelley Financial Solutions DFIN $1.54B	$44.5K	0.01%	747 +621	+493%	+$37K
705	705 Garrett Motion GTX $2.69B	$44.4K	0.01%	5,170 +1,830	+55%	+$15.7K
706	706 Dropbox DBX $8.34B	$44.2K	0.01%	1,965 +880	+81%	+$19.8K
707	707 Guardant Health GH $7.08B	$44.1K	0.01%	+1,527	New	+$44.1K
708	708 Heidrick & Struggles HSII $1.05B	$44.1K	0.01%	+1,395	New	+$44.1K
709	LGTY 709 DELISTED Logility Supply Chain Solutions, Inc. Common Stock LGTY	$43.9K	0.01%	4,813 +2,640	+121%	+$24.1K
710	710 Gray Television GTN $599M	$43.9K	0.01%	8,442 -1,776	-17%	-$9.24K
711	711 Howmet Aerospace HWM $74.3B	$43.8K	0.01%	564 -395	-41%	-$30.7K
712	712 Applovin APP $193B	$43.5K	0.01%	523 -380	-42%	-$31.6K
713	713 Teekay Tankers TNK $1.79B	$43.5K	0.01%	+632	New	+$43.5K
714	714 Delek US DK $1.72B	$43.4K	0.01%	+1,752	New	+$43.4K
715	715 Flex FLEX $21.6B	$43.4K	0.01%	+1,471	New	+$43.4K
716	716 Shutterstock SSTK $750M	$43K	0.01%	1,111 +842	+313%	+$32.6K
717	717 Dutch Bros BROS $8.44B	$42.9K	0.01%	+1,036	New	+$42.9K
718	718 ODP ODP $641M	$42.9K	0.01%	1,092 +688	+170%	+$27K
719	719 Sleep Number SNBR $234M	$42.9K	0.01%	+4,481	New	+$42.9K
720	720 Gilead Sciences GILD $146B	$42.9K	0.01%	+625	New	+$42.9K
721	721 Kelly Services Class A KELYA $487M	$42.8K	0.01%	2,000 -1,386	-41%	-$29.7K
722	722 Mercado Libre MELI $119B	$42.7K	0.01%	+26	New	+$42.7K
723	723 Generac Holdings GNRC $11B	$42.7K	0.01%	323 +162	+101%	+$21.4K
724	724 WESCO International WCC $10.7B	$42.6K	0.01%	269 +52	+24%	+$8.24K
725	725 Adtalem Global Education ATGE $4.98B	$42.6K	0.01%	+625	New	+$42.6K