#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES CALIFORNIA MUNI BOND ETF	464288356	1,147,763	$66.0M	5.60%
2	NVIDIA CORPORATION COM	NVDA	328,120	$61.2M	5.20%
3	APPLE INC COM	AAPL	223,753	$60.8M	5.17%
4	DOORDASH INC CL A	DASH	256,003	$58.0M	4.92%
5	META PLATFORMS INC CL A	META	84,902	$56.0M	4.76%
6	MICROSOFT CORP COM	MSFT	113,853	$55.1M	4.68%
7	ALPHABET INC CAP STK CL A	GOOG	173,181	$54.2M	4.60%
8	ISHARES CORE MSCI EMERGING MARKETS ETF	46434G103	532,299	$35.8M	3.04%
9	VANECK CLO ETF	92189H748	668,090	$35.3M	3.00%
10	ISHARES CORE S&P 500 ETF	464287200	51,140	$35.0M	2.98%
11	INVESCO CALIFORNIA AMT-FREE MUNICIPAL BOND ETF	IVZ	1,288,795	$31.1M	2.64%
12	STATE STREET SPDR PORTFOLIO AGGREGATE BOND ETF	78464A649	1,208,452	$31.1M	2.64%
13	ISHARES CMBS ETF	46429B366	633,847	$31.1M	2.64%
14	ISHARES CORE U.S. AGGREGATE BOND ETF	464287226	287,069	$28.7M	2.44%
15	INVESCO EMERGING MARKETS SOVEREIGN DEBT ETF	IVZ	1,308,476	$28.3M	2.41%
16	ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF	464288638	525,501	$28.3M	2.41%
17	BROADCOM INC COM	AVGO	75,939	$26.3M	2.23%
18	VANECK GOLD MINERS ETF	92189F106	305,871	$26.2M	2.23%
19	AMAZON COM INC COM	AMZN	111,852	$25.8M	2.19%
20	ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF	46435G672	507,776	$25.4M	2.16%