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
1201	BHACW 1201 DELISTED Focus Impact BH3 Acquisition Company Warrants BHACW	$13.4K	﹤0.01%	162,984	–	–
1202	1202 Magnite MGNI $3.4B	$13.4K	﹤0.01%	1,009 -5,075	-83%	-$67.4K
1203	1203 Range Resources RRC $8.41B	$13.4K	﹤0.01%	+399	New	+$13.4K
1204	1204 Omnicell OMCL $1.46B	$13.4K	﹤0.01%	494 -16,194	-97%	-$438K
1205	1205 Veritex Holdings VBTX $1.88B	$13.4K	﹤0.01%	+634	New	+$13.4K
1206	1206 Bandwidth Inc BAND $495M	$13.3K	﹤0.01%	790 -1,894	-71%	-$32K
1207	1207 BWX Technologies BWXT $15.4B	$13.3K	﹤0.01%	140 -456	-77%	-$43.3K
1208	1208 Independent Bank INDB $3.56B	$13.2K	﹤0.01%	261 +75	+40%	+$3.8K
1209	GMRE 1209 Global Medical REIT GMRE $512M	$13.2K	﹤0.01%	1,457 -1,277	-47%	-$11.6K
1210	1210 Alaska Air ALK $7.31B	$13.2K	﹤0.01%	+327	New	+$13.2K
1211	1211 Preferred Bank PFBC $1.16B	$13.2K	﹤0.01%	+175	New	+$13.2K
1212	1212 Credo Technology Group CRDO $28B	$13.1K	﹤0.01%	+410	New	+$13.1K
1213	1213 Humana HUM $33.2B	$13.1K	﹤0.01%	35 -161	-82%	-$60.2K
1214	1214 Ceco Environmental CECO $1.7B	$13K	﹤0.01%	451 -386	-46%	-$11.1K
1215	1215 Fidus Investment FDUS $760M	$12.9K	﹤0.01%	664 -791	-54%	-$15.4K
1216	1216 NXP Semiconductors NXPI $55.2B	$12.9K	﹤0.01%	48 -25	-34%	-$6.73K
1217	1217 Armstrong World Industries AWI $8.5B	$12.9K	﹤0.01%	114 -289	-72%	-$32.7K
1218	1218 Avnet AVT $4.46B	$12.9K	﹤0.01%	+250	New	+$12.9K
1219	1219 VTEX VTEX $742M	$12.8K	﹤0.01%	+1,768	New	+$12.8K
1220	1220 Malibu Boats MBUU $629M	$12.8K	﹤0.01%	366 -515	-58%	-$18K
1221	1221 Privia Health PRVA $2.8B	$12.8K	﹤0.01%	735 -23,154	-97%	-$402K
1222	NXDT 1222 NexPoint Diversified Real Estate Trust NXDT $179M	$12.7K	﹤0.01%	+2,303	New	+$12.7K
1223	1223 Selective Insurance SIGI $4.81B	$12.7K	﹤0.01%	+135	New	+$12.7K
1224	1224 Universal Technical Institute UTI $1.48B	$12.6K	﹤0.01%	803 -957	-54%	-$15.1K
1225	1225 Nu Skin NUS $596M	$12.6K	﹤0.01%	+1,198	New	+$12.6K