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Changes:ASTS +7.6%RKLB +6.8%KTOS +6.7%CRWD +5.3%ECHO +2.0%

$ARCTICDOME Last large rebalance to try to recover this book based on recent trends and projections.

Changes:NOVT +8.3%TKR +8.3%USAR +6.3%NOC +5.0%LMT +5.0%

Removed IRDM and COP and added Novanta, Timken, USAR to see if we can revive this book.

Changes:PWR +3.9%RKLB +2.6%KTOS +2.1%ASTS +1.9%PLTR +0.8%

Removing LMT and NOC to reallocate through the book and focus on assets within the original thesis.

Changes:CRWD +5.7%RKLB +3.8%ASTS +3.8%KTOS +3.8%PWR +1.8%

Reallocating following weekends tensions on a pause and prioritizing the original thesis. Removed RIO

Changes:BIL +5.3%NOC +1.6%LMT +1.6%COP +1.2%PLTR +1.0%

Rebalancing with even allocation during sell off today and will monitor through the week.

Changes:RKLB +3.0%ECHO +3.0%CRWD +2.9%GD +0.8%NOW +0.8%

Reallocating following geopolitical conflict continuing and increased training observed in region

Changes:COP +2.0%NOC +2.0%LMT +2.0%NOW -4.0%CRWD -2.0%

Rebalancing evenly across the portfolio as the market continues to extract capital. will watch rebound and reassess after reset.

Changes:NOW +10.3%CRWD +8.3%NOC -2.9%COP -2.9%LMT -2.9%

Making some room with more allocation for Service Now and Cowdstrike following new contracts and expected cyber risks increasing

Changes:ECHO +6.2%IRDM +6.1%KTOS +6.1%LMT +6.1%PWR +6.1%

Reallocating evenly across all assets and will watch the response to current negotiations and continued conflict

Changes:BIL +86.0%PLTR -9.4%KTOS -9.2%ASTS -9.0%RKLB -8.8%

Moving earnings to BIL until after the holiday weekend. Will reallocate next week.