SAM

Shell Asset Management Portfolio holdings

AUM $2.11B

AUM

$2.11B

AUM Growth

-$183M (-8%)

Cap. Flow

-$62.4M

Cap. Flow % of AUM

-2.96%

Top 10 Holdings %Top 10 Hldgs %

29.93%

Holding

1,288

New

24

Increased

141

Reduced

972

Closed

28

Top Buys

1	StoneX SNEX	$4.11M
2	Thermo Fisher Scientific TMO	$3.55M
3	Berkshire Hathaway Class B BRK.B	$3.31M
4	Ingredion INGR	$2.8M
5	Regency Centers REG	$1.95M

Top Sells

1	UnitedHealth UNH	$6.43M
2	Apple AAPL	$5.06M
3	Carlisle Companies CSL	$4.55M
4	NVIDIA NVDA	$4.23M
5	Microsoft MSFT	$4.05M

Sector Composition

1	Technology	30.1%
2	Financials	15.27%
3	Consumer Discretionary	11.16%
4	Healthcare	10.86%
5	Industrials	8.21%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1276	1276 Wendy's WEN $2.2B	$0	0%	0 -1	Closed	–
1277	1277 Zebra Technologies ZBRA $14.5B	$0	0%	0 -497	Closed	–
1278	AMTM 1278 Amentum Holdings, Inc. AMTM $5B	$0	0%	0 -2,684	Closed	–
1279	LAR 1279 Lithium Argentina AG LAR $300M	$0	0%	0 -5,917	Closed	–
1280	AZPN 1280 DELISTED Aspen Technology Inc AZPN	$0	0%	0 -643	Closed	–
1281	INFN 1281 DELISTED Infinera Corporation Common Stock INFN	$0	0%	0 -17,235	Closed	–
1282	PFC 1282 DELISTED Premier Financial Corp. Common Stock PFC	$0	0%	0 -1,041	Closed	–
1283	MTTR 1283 DELISTED Matterport, Inc. Class A Common Stock MTTR	$0	0%	0 -19,329	Closed	–
1284	SILV 1284 DELISTED SilverCrest Metals Inc. Common Shares SILV	$0	0%	0 -8,278	Closed	–
1285	SUM 1285 DELISTED Summit Materials, Inc. Class A Common Stock SUM	$0	0%	0 -2,509	Closed	–
1286	HTLF 1286 DELISTED Heartland Financial USA, Inc. HTLF	$0	0%	0 -5,780	Closed	–
1287	ARCH 1287 DELISTED Arch Coal, Inc. ARCH	$0	0%	0 -1,044	Closed	–
1288	GEAR 1288 DELISTED Revelyst, Inc. GEAR	$0	0%	0 -2,746	Closed	–