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

+0.7%

1 Year Return

+10.68%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$91M

AUM Growth

–

Cap. Flow

+$91M

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

52.3%

Holding

911

New

880

Increased

–

Reduced

–

Closed

–

Top Buys

1	NSTC Northern Star Investment Corp. III NSTC	$8.74M
2	NSTB Northern Star Investment Corp. II NSTB	$8.57M
3	NSTD Northern Star Investment Corp. IV NSTD	$7.97M
4	PICC Pivotal Investment Corporation III PICC	$4.24M
5	BACA Berenson Acquisition Corp. I BACA	$4.06M

Top Sells

No sells this quarter

Sector Composition

1	Financials	64.8%
2	Industrials	11.66%
3	Technology	7.19%
4	Healthcare	6.97%
5	Consumer Discretionary	2.28%

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
151	151 PENN Entertainment PENN $2.99B	$30.9K	0.01%	+1,041	New	+$30.9K
152	152 Mercury Insurance MCY $4.29B	$30.8K	0.01%	+902	New	+$30.8K
153	AXNX 153 DELISTED Axonics, Inc. Common Stock AXNX	$30.8K	0.01%	+492	New	+$30.8K
154	154 Harmonic Inc HLIT $1.14B	$30.6K	0.01%	+2,333	New	+$30.6K
155	155 HealthEquity HQY $7.88B	$30.3K	0.01%	+492	New	+$30.3K
156	156 InMode INMD $947M	$30.3K	0.01%	+848	New	+$30.3K
157	157 Garrett Motion GTX $2.64B	$30.1K	0.01%	+3,956	New	+$30.1K
158	158 OGE Energy OGE $8.89B	$30.1K	0.01%	+762	New	+$30.1K
159	159 Capital One COF $142B	$30.1K	0.01%	+324	New	+$30.1K
160	160 Scorpio Tankers STNG $2.71B	$29.9K	0.01%	+556	New	+$29.9K
161	161 Jacobs Solutions J $17.4B	$29.7K	0.01%	+299	New	+$29.7K
162	162 OneSpaWorld OSW $2.26B	$29.6K	0.01%	+3,172	New	+$29.6K
163	163 STAAR Surgical STAA $1.38B	$29.6K	0.01%	+609	New	+$29.6K
164	164 Synchrony SYF $28.1B	$29K	0.01%	+884	New	+$29K
165	165 Intuitive Surgical ISRG $167B	$28.9K	0.01%	+109	New	+$28.9K
166	166 Evolution Petroleum EPM $174M	$28.9K	0.01%	+3,830	New	+$28.9K
167	167 PagSeguro Digital PAGS $2.8B	$28.9K	0.01%	+3,304	New	+$28.9K
168	BDN 168 Brandywine Realty Trust BDN $759M	$28.8K	0.01%	+4,686	New	+$28.8K
169	169 Carlyle Secured Lending CGBD $1.01B	$28.6K	0.01%	+1,996	New	+$28.6K
170	170 Berry Corp BRY $249M	$28.5K	0.01%	+3,562	New	+$28.5K
171	171 Arbor Realty Trust ABR $2.34B	$28.5K	0.01%	+2,159	New	+$28.5K
172	172 SkyWater Technology SKYT $491M	$28.3K	0.01%	+3,980	New	+$28.3K
173	173 Virtu Financial VIRT $3.29B	$28.2K	0.01%	+1,384	New	+$28.2K
174	CNR 174 Core Natural Resources, Inc. CNR $3.89B	$28.1K	0.01%	+432	New	+$28.1K
175	175 Quanex NX $836M	$28K	0.01%	+1,183	New	+$28K