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	8.51%
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
876	876 Patria Investments PAX $2.31B	$14.9K	﹤0.01%	958 +552	+136%	+$8.56K
877	877 Commault Systems CVLT $8.04B	$14.9K	﹤0.01%	186 -262	-58%	-$20.9K
878	BDN 878 Brandywine Realty Trust BDN $782M	$14.9K	﹤0.01%	+2,750	New	+$14.9K
879	MDRX 879 DELISTED Veradigm Inc. Common Stock MDRX	$14.8K	﹤0.01%	+1,407	New	+$14.8K
880	880 Brinker International EAT $7.07B	$14.7K	﹤0.01%	341 -582	-63%	-$25.1K
881	881 IMAX IMAX $1.71B	$14.6K	﹤0.01%	974 +294	+43%	+$4.42K
882	882 Adecoagro AGRO $823M	$14.6K	﹤0.01%	+1,314	New	+$14.6K
883	883 Schlumberger SLB $53.8B	$14.6K	﹤0.01%	+280	New	+$14.6K
884	884 Dick's Sporting Goods DKS $20.7B	$14.5K	﹤0.01%	+99	New	+$14.5K
885	885 Bain Capital Specialty BCSF $1.01B	$14.4K	﹤0.01%	957 -118	-11%	-$1.78K
886	886 Principal Financial Group PFG $18.3B	$14.4K	﹤0.01%	+183	New	+$14.4K
887	887 Victoria's Secret VSCO $2.17B	$14.4K	﹤0.01%	541 +136	+34%	+$3.61K
888	888 Flex FLEX $21.6B	$14.3K	﹤0.01%	624 +186	+42%	+$4.27K
889	889 Dorian LPG LPG $1.35B	$14.3K	﹤0.01%	326 -813	-71%	-$35.7K
890	890 PotlatchDeltic PCH $3.3B	$14.3K	﹤0.01%	+291	New	+$14.3K
891	891 NextEra Energy, Inc. NEE $147B	$14.3K	﹤0.01%	+235	New	+$14.3K
892	892 NNN REIT NNN $8.17B	$14.3K	﹤0.01%	331 -157	-32%	-$6.77K
893	893 Corsair Gaming CRSR $965M	$14.3K	﹤0.01%	1,011 -1,217	-55%	-$17.2K
894	894 Union Pacific UNP $128B	$14.2K	﹤0.01%	+58	New	+$14.2K
895	895 CoStar Group CSGP $36.9B	$14.2K	﹤0.01%	+163	New	+$14.2K
896	896 Deluxe DLX $889M	$14.2K	﹤0.01%	662 +281	+74%	+$6.03K
897	897 TransDigm Group TDG $72.9B	$14.2K	﹤0.01%	+14	New	+$14.2K
898	898 Taysha Gene Therapies TSHA $884M	$14.2K	﹤0.01%	+8,000	New	+$14.2K
899	899 Sterling Infrastructure STRL $9.62B	$14.2K	﹤0.01%	161 +15	+10%	+$1.32K
900	900 JELD-WEN Holding JELD $566M	$14.1K	﹤0.01%	+749	New	+$14.1K