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

+2.03%

1 Year Return

+10.68%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$244M

AUM Growth

+$45.4M (+23%)

Cap. Flow

+$33.7M

Cap. Flow % of AUM

13.85%

Top 10 Holdings % Top 10 Hldgs %

24.04%

Holding

1,976

New

620

Increased

539

Reduced

365

Closed

373

Top Buys

1	SCRM Screaming Eagle Acquisition Corp. Class A Ordinary Shares SCRM	+$13.6M
2	Lavoro LVRO	+$7.97M
3	SPDR Bloomberg High Yield Bond ETF JNK	+$3.66M
4	ALSA Alpha Star Acquisition Corporation Ordinary Shares ALSA	+$3.61M
5	GAQ Generation Asia I Acquisition Limited Class A Ordinary Shares GAQ	+$2.5M

Top Sells

1	CVII Churchill Capital Corp VII Class A Common Stock CVII	+$5.35M
2	MCAA Mountain & Co. I Acquisition Corp. Class A Ordinary Shares MCAA	+$5.11M
3	IVCB Investcorp Europe Acquisition Corp I Class A Ordinary Shares IVCB	+$5.1M
4	AIRJ Montana Technologies Corp AIRJ	+$4.36M
5	SCRMU Screaming Eagle Acquisition Corp. Unit SCRMU	+$4.02M

Sector Composition

1	Financials	35.61%
2	Healthcare	8.07%
3	Industrials	5.53%
4	Materials	5.22%
5	Technology	4.49%

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
776	776 Portillo's PTLO $437M	$24.6K	﹤0.01%	+1,738	New	+$24.6K
777	777 Citizens Financial Group CFG $22.3B	$24.6K	﹤0.01%	678 -426	-39%	-$15.5K
778	778 Mativ Holdings MATV $672M	$24.5K	﹤0.01%	1,307 +765	+141%	+$14.3K
779	779 Cars.com CARS $847M	$24.4K	﹤0.01%	1,421 +878	+162%	+$15.1K
780	780 Take-Two Interactive TTWO $45.3B	$24.4K	﹤0.01%	164 +38	+30%	+$5.64K
781	781 Markel Group MKL $24.7B	$24.3K	﹤0.01%	+16	New	+$24.3K
782	782 Workiva WK $4.39B	$24.3K	﹤0.01%	287 +203	+242%	+$17.2K
783	783 Confluent CFLT $6.73B	$24.3K	﹤0.01%	+797	New	+$24.3K
784	784 Truist Financial TFC $58.2B	$24.3K	﹤0.01%	623 +276	+80%	+$10.8K
785	HEES 785 DELISTED H&E Equipment Services HEES	$24.3K	﹤0.01%	378 +131	+53%	+$8.41K
786	SASR 786 DELISTED Sandy Spring Bancorp Inc SASR	$24.2K	﹤0.01%	+1,045	New	+$24.2K
787	787 Henry Schein HSIC $8.42B	$24.2K	﹤0.01%	320 +115	+56%	+$8.69K
788	788 Clear Secure YOU $3.53B	$24K	﹤0.01%	1,130 -1,379	-55%	-$29.3K
789	789 SS&C Technologies SSNC $22B	$24K	﹤0.01%	373 +333	+833%	+$21.4K
790	790 XP XP $9.9B	$24K	﹤0.01%	934 -270	-22%	-$6.93K
791	GMRE 791 Global Medical REIT GMRE $511M	$23.9K	﹤0.01%	+2,734	New	+$23.9K
792	792 Permian Resources PR $9.75B	$23.9K	﹤0.01%	1,351 +1,051	+350%	+$18.6K
793	793 CVS Health CVS $94.7B	$23.8K	﹤0.01%	+299	New	+$23.8K
794	794 Chevron CVX $318B	$23.8K	﹤0.01%	151 -11	-7%	-$1.74K
795	795 AMC Networks AMCX $341M	$23.8K	﹤0.01%	1,959 -384	-16%	-$4.66K
796	796 Carter's CRI $1.08B	$23.7K	﹤0.01%	280 +34	+14%	+$2.88K
797	797 Eagle Bancorp EGBN $612M	$23.7K	﹤0.01%	+1,009	New	+$23.7K
798	798 AppFolio APPF $10.1B	$23.7K	﹤0.01%	+96	New	+$23.7K
799	799 Northfield Bancorp NFBK $493M	$23.7K	﹤0.01%	2,435 +2,291	+1,591%	+$22.3K
800	800 Western Union WU $2.73B	$23.7K	﹤0.01%	1,693 -922	-35%	-$12.9K