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
1251	1251 CNA Financial CNA $12.9B	$11.5K	﹤0.01%	+250	New	+$11.5K
1252	1252 Potbelly PBPB $514M	$11.5K	﹤0.01%	+1,432	New	+$11.5K
1253	1253 Mohawk Industries MHK $8.45B	$11.5K	﹤0.01%	+101	New	+$11.5K
1254	1254 Tronox TROX $767M	$11.5K	﹤0.01%	730 +683	+1,453%	+$10.7K
1255	1255 Alarm.com ALRM $2.78B	$11.4K	﹤0.01%	180 +75	+71%	+$4.77K
1256	1256 Lindsay Corp LNN $1.52B	$11.4K	﹤0.01%	93 +69	+288%	+$8.48K
1257	1257 Semrush SEMR $1.1B	$11.4K	﹤0.01%	852 +285	+50%	+$3.82K
1258	1258 Primerica PRI $8.88B	$11.4K	﹤0.01%	48 +30	+167%	+$7.1K
1259	1259 B&G Foods BGS $360M	$11.4K	﹤0.01%	+1,405	New	+$11.4K
1260	1260 Blue Owl Capital OBDC $7.23B	$11.4K	﹤0.01%	+739	New	+$11.4K
1261	1261 NewMarket NEU $7.87B	$11.3K	﹤0.01%	+22	New	+$11.3K
1262	1262 B. Riley Financial RILY $190M	$11.3K	﹤0.01%	642 +618	+2,575%	+$10.9K
1263	PFC 1263 DELISTED Premier Financial Corp. Common Stock PFC	$11.3K	﹤0.01%	+553	New	+$11.3K
1264	1264 The Greenbrier Companies GBX $1.42B	$11.3K	﹤0.01%	228 +141	+162%	+$6.99K
1265	1265 Oracle ORCL $821B	$11.3K	﹤0.01%	80 -526	-87%	-$74.3K
1266	AIRJW 1266 AirJoule Technologies Corporation Warrant AIRJW $49M	$11.3K	﹤0.01%	7,840 -20,955	-73%	-$30.2K
1267	1267 Simmons First National SFNC $2.96B	$11.2K	﹤0.01%	+639	New	+$11.2K
1268	1268 Churchill Downs CHDN $6.75B	$11.2K	﹤0.01%	+80	New	+$11.2K
1269	1269 Hilltop Holdings HTH $2.18B	$11.1K	﹤0.01%	355 -239	-40%	-$7.48K
1270	1270 Jones Lang LaSalle JLL $14.8B	$11.1K	﹤0.01%	54 -203	-79%	-$41.7K
1271	1271 Navient NAVI $1.28B	$10.9K	﹤0.01%	+752	New	+$10.9K
1272	1272 Ultra Clean Holdings UCTT $1.14B	$10.8K	﹤0.01%	+221	New	+$10.8K
1273	1273 Astronics ATRO $1.41B	$10.8K	﹤0.01%	540 +261	+94%	+$5.23K
1274	1274 Centrus Energy LEU $4.04B	$10.8K	﹤0.01%	253 -1,083	-81%	-$46.3K
1275	1275 Unisys UIS $282M	$10.8K	﹤0.01%	2,619 -1,182	-31%	-$4.88K