WAM

Wolverine Asset Management Portfolio holdings

AUM $5.14B

AUM

$5.14B

AUM Growth

-$456M (-8%)

Cap. Flow

+$373M

Cap. Flow % of AUM

7.26%

Top 10 Holdings %Top 10 Hldgs %

20.94%

Holding

1,554

New

234

Increased

306

Reduced

273

Closed

274

Top Buys

1	PCG.PRX PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX	$22.1M
2	iShares Bitcoin Trust IBIT	$18.1M
3	Apple AAPL	$16.8M
4	Alphabet (Google) Class A GOOGL	$15.9M
5	Occidental Petroleum OXY	$15M

Top Sells

1	Fidelity Wise Origin Bitcoin Fund FBTC	$59.2M
2	Boeing BA	$12M
3	Albemarle Corp Depositary Shares ALB.PRA	$11.4M
4	ConocoPhillips COP	$10.6M
5	Avis CAR	$10.6M

Sector Composition

1	Financials	9.39%
2	Technology	3.58%
3	Consumer Discretionary	2.08%
4	Communication Services	1.63%
5	Real Estate	1.42%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	BA.PRA 1 The Boeing Company Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, par value $1.00 BA.PRA $7.52B	$37.7M	0.45%	638,568 +44,030	+7%	+$2.6M
2	PCG.PRX 2 PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX $1.21B	$28.4M	0.34%	644,603 +502,625	+354%	+$22.1M
3	3 Microsoft MSFT $3.56T	$20.3M	0.24%	54,179 +34,317	+173%	+$12.9M
4	4 iShares Bitcoin Trust IBIT $68.7B	$19.7M	0.24%	421,153 +385,658	+1,087%	+$18.1M
5	5 NVIDIA NVDA $3.53T	$19.5M	0.23%	180,326 +131,191	+267%	+$14.2M
6	AAM 6 AA Mission Acquisition Corp. AAM $458M	$19M	0.23%	1,817,902 +258,736	+17%	+$2.7M
7	7 Apple AAPL $2.96T	$17.8M	0.21%	80,131 +75,826	+1,761%	+$16.8M
8	8 Snap SNAP $13.8B	$17.3M	0.21%	1,980,788 +1,443,664	+269%	+$12.6M
9	9 Alphabet (Google) Class A GOOGL $2.15T	$17.1M	0.2%	110,675 +102,850	+1,314%	+$15.9M
10	10 Advanced Micro Devices AMD $205B	$16.1M	0.19%	156,680 -8,341	-5%	-$857K
11	11 Amazon AMZN $2.29T	$15.5M	0.18%	81,233 +4,669	+6%	+$888K
12	12 Occidental Petroleum OXY $44.6B	$15M	0.18%	304,267	New	+$15M
13	13 BrightSpring Health Services, Inc. Tangible Equity Unit BTSGU $626M	$14.9M	0.18%	226,366 +17,388	+8%	+$1.15M
14	14 Albemarle Corp Depositary Shares ALB.PRA $1.36B	$14.8M	0.18%	412,819 -315,968	-43%	-$11.4M
15	VACH 15 Voyager Acquisition Corp Class A Ordinary Shares VACH $328M	$14.4M	0.17%	1,409,806 +449,622	+47%	+$4.58M
16	ANSC 16 Agriculture & Natural Solutions Acquisition Corp ANSC $465M	$13M	0.15%	1,214,987 +59,558	+5%	+$635K
17	MACI 17 Melar Acquisition Corp. I Class A Ordinary Shares MACI $228M	$12.2M	0.15%	1,194,001 +866,829	+265%	+$8.87M
18	18 Alphabet (Google) Class C GOOG $2.16T	$12M	0.14%	76,649 +76,573	+100,754%	+$12M
19	19 Fidelity Wise Origin Bitcoin Fund FBTC $20.5B	$11.6M	0.14%	161,813 -822,115	-84%	-$59.2M
20	20 Morgan Stanley MS $210B	$11.6M	0.14%	99,159 +60,138	+154%	+$7.02M
21	21 Accenture ACN $196B	$11.5M	0.14%	36,923 +27,897	+309%	+$8.7M
22	22 NextEra Energy, Inc. 6.926% Corporate Units NEE.PRR $1.64B	$11.5M	0.14%	281,391 +71,848	+34%	+$2.93M
23	BACQ 23 Bleichroeder Acquisition Corp. I Class A Ordinary Shares BACQ $350M	$11.1M	0.13%	1,106,088 +888,474	+408%	+$8.89M
24	24 Texas Instruments TXN $181B	$11M	0.13%	61,239 +19,265	+46%	+$3.46M
25	25 Broadcom AVGO $1.19T	$10.8M	0.13%	64,491	New	+$10.8M