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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | SIMPLIFY EXCHANGE TRADED FUN | $15.5M | 512665 | 9.01% |
| 2 | AMERICAN BEACON SELECT FUNDS | $15.4M | 545809 | 8.97% |
| 3 | PETROLEO BRASILEIRO S A | $11.2M | 539232 | 6.51% |
| 4 | MOSAIC CO | $9.7M | 381259 | 5.66% |
| 5 | VANECK ETF TRUST | $9.5M | 79138 | 5.53% |
| 6 | VIRTUS ETF TR II | $8.3M | 325885 | 4.80% |
| 7 | KRANESHARES TRUST | $6.9M | 243944 | 4.00% |
| 8 | SCHWAB STRATEGIC TR | $6.9M | 179260 | 3.99% |
| 9 | SIMPLIFY EXCHANGE TRADED FUN | $6.5M | 130490 | 3.75% |
| 10 | SCHWAB STRATEGIC TR | $6.3M | 135009 | 3.64% |
| 11 | BHP BILLITON LIMITED | $5.2M | 71096 | 3.01% |
| 12 | SPDR SERIES TRUST | $4.7M | 25993 | 2.75% |
| 13 | ENDEAVOUR SILVER CORP | $4.3M | 459237 | 2.49% |
| 14 | ABRDN PLATINUM ETF TRUST | $4.3M | 23863 | 2.47% |
| 15 | PROSHARES TR | $4.2M | 55776 | 2.44% |
| 16 | SPROTT ASSET MANAGEMENT LP | $4.2M | 171308 | 2.43% |
| 17 | FIRST MAJESTIC SILVER CORP | $3.9M | 181047 | 2.26% |
| 18 | VANECK ETF TRUST | $3.6M | 39260 | 2.10% |
| 19 | VALE S A | $3.5M | 216868 | 2.01% |
| 20 | HECLA MINING COMPANY | $2.8M | 150982 | 1.64% |
| 21 | MARQETA INC | $2.6M | 626004 | 1.49% |
| 22 | NUTRIEN LTD | $2.5M | 33620 | 1.48% |
| 23 | HELMERICH & PAYNE INC | $2.4M | 67277 | 1.41% |
| 24 | ISHARES INC | $2.4M | 31315 | 1.37% |
| 25 | SCHWAB STRATEGIC TR | $2.2M | 83085 | 1.29% |
| 26 | RIO TINTO PLC | $2.1M | 22840 | 1.24% |
| 27 | ISHARES INC | $2.1M | 54324 | 1.21% |
| 28 | RANGE RES CORP | $2.1M | 45743 | 1.20% |
| 29 | ISHARES SILVER TR | $2.0M | 29354 | 1.16% |
| 30 | ENCORE ENERGY CORP | $1.4M | 757956 | 0.79% |
| 31 | FORTUNA MNG CORP | $1.3M | 127816 | 0.74% |
| 32 | NEWMONT CORP | $1.2M | 10760 | 0.68% |
| 33 | SLB LIMITED | $1.1M | 21480 | 0.64% |
| 34 | EXXON MOBIL CORP | $1.1M | 6243 | 0.62% |
| 35 | LITMAN GREGORY FDS TR | $963K | 31933 | 0.56% |
| 36 | AMPLIFY ETF TR | $851K | 28643 | 0.50% |
| 37 | ISHARES INC | $749K | 10743 | 0.44% |
| 38 | SELECT SECTOR SPDR TR | $714K | 11660 | 0.42% |
| 39 | ISHARES INC | $691K | 12210 | 0.40% |
| 40 | ROYAL GOLD INC | $659K | 2588 | 0.38% |
| 41 | KINDER MORGAN INC DEL | $632K | 18853 | 0.37% |
| 42 | VANECK MERK GOLD ETF | $604K | 13405 | 0.35% |
| 43 | AGNICO EAGLE MINES LTD | $597K | 2940 | 0.35% |
| 44 | VANECK ETF TRUST | $525K | 20905 | 0.31% |
| 45 | VANGUARD INTL EQUITY INDEX F | $409K | 4960 | 0.24% |
| 46 | COEUR MNG INC | $399K | 21231 | 0.23% |
| 47 | ISHARES INC | $305K | 3607 | 0.18% |
| 48 | WILLIAMS COS INC | $251K | 3447 | 0.15% |
| 49 | SIBANYE STILLWATER LTD | $251K | 20352 | 0.15% |
| 50 | PAN AMERN SILVER CORP | $212K | 3888 | 0.12% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.