OUTFITTERS FINANCIAL LLC

The portfolio has become increasingly diversified, with the total number of holdings rising to 78 securities. The manager demonstrates a hybrid investment style, combining individual stock selection with broad market exposure via Exchange Traded Funds (ETFs). The portfolio is well-balanced, with no single position constituting more than 5.05% of the total assets, mitigating unsystematic risk while maintaining active exposure to specific market themes.

2. Key Holdings

The portfolio is anchored by a mix of blue-chip technology, energy infrastructure, and diversified financials, reflecting a "core and satellite" approach.