KG&L Capital Management,LLC

The portfolio consists of 227 holdings, reflecting a diversified approach. The strategy appears to be a hybrid model, blending concentrated positions in mega-cap technology leaders with a broad array of Exchange Traded Funds (ETFs) spanning equities and fixed income. The use of ETFs suggests a desire for beta exposure and liquidity, while the specific stock selections indicate active management in seeking alpha. The fund maintains a balanced structure with no single position exceeding 6.5% of the total portfolio, mitigating idiosyncratic risk despite the heavy concentration in specific sectors.

2. Key Holdings