{"url":"https://nivawealth.com/firms/lake-hills-wealth-management-286175","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/286175","regulatoryAum":206898245,"crd":"286175","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4658819","suffix":null,"lastName":"CLEVLEN","firstName":"JASON","middleName":"EDWARD"},{"crd":"2747789","suffix":null,"lastName":"GUNTER","firstName":"KURT","middleName":"JASON"},{"crd":"4663952","suffix":"JR","lastName":"MARINO","firstName":"JACK","middleName":"CHARLES"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-05-14","regulatoryAum":117500000,"clients":194,"employees":4,"offices":1},{"filedOn":"2022-02-08","regulatoryAum":160866640,"clients":227,"employees":3,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":160501255,"clients":229,"employees":4,"offices":1},{"filedOn":"2024-03-13","regulatoryAum":167593500,"clients":223,"employees":3,"offices":1},{"filedOn":"2025-03-27","regulatoryAum":175459087,"clients":237,"employees":4,"offices":1},{"filedOn":"2026-02-20","regulatoryAum":206898245,"clients":229,"employees":4,"offices":2}],"secFileNumber":"801-121498","legalName":"Lake Hills Wealth Management, LLC","displayName":"Lake Hills Wealth Management","slug":"lake-hills-wealth-management-286175","website":"https://lakehillswm.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/286175/af19b10e254f45a3-r1.webp","tone":"dark","width":406,"height":200,"sourceUrl":"https://lakehillswm.com/","sourceLabel":"Lake Hills Wealth Management, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/lakehillswm/","xUrl":"https://x.com/LAKEHILLSWM","founded":"2016","organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"8601 Ranch Road 2222, Building 1, Suite 230","city":"Austin","state":"TX","stateName":"Texas","country":"United States","postalCode":"78730"},"tradeNames":[],"registration":{"secApproved":"11 June 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":901116.92139738,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":206898245,"discretionary":206898245,"discretionaryAccounts":749,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":200,"regulatoryAum":137828775},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":68527000},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":2470},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":540000}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":3000000,"pct":0.8,"from":1000000},{"to":5000000,"pct":0.6,"from":3000000},{"to":null,"pct":0.45,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010620","versionId":1010620,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-20","documentName":"2026-02-20 LAKE HILLS WEALTH MANAGEMENT FORM ADV PART 2","fee_rate_low":0.45,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"Standalone financial planning is a fixed fee based on estimated time at $250 per hour, never more than $1,200.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010620","versionId":1010620,"submittedOn":"2026-02-20","documentName":"2026-02-20 LAKE HILLS WEALTH MANAGEMENT FORM ADV PART 2"},{"role":"other","program":"Qualified Plan Advisory","summary":"Qualified plan advisory fee is an annual 0.50% of plan assets, charged quarterly in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010620","versionId":1010620,"submittedOn":"2026-02-20","documentName":"2026-02-20 LAKE HILLS WEALTH MANAGEMENT FORM ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:39:56.657426+00:00","documents":[{"name":"2026-02-20 LAKE HILLS WEALTH MANAGEMENT FORM ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010620","versionId":1010620,"submittedOn":"2026-02-20"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":205133932}],"custodyNote":"Lake Hills Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jack Marino","title":"Managing Member, Chief Compliance Officer","crd":"4663952"},{"name":"Jason Clevlen","title":"Managing Member","crd":"4658819"}],"ownership":[{"label":"Jason Clevlen","detail":"Managing member in the 50% to 75% ownership band and a control person, since February 2017."},{"label":"Jack Marino","detail":"Managing member, chief compliance officer in the 25% to 50% ownership band and a control person, since February 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":2,"addresses":[{"street":"8601 Ranch Road 2222, Building 1, Suite 230","city":"Austin","headquarters":true},{"street":"1127 Judson RD.","city":"Longview"}]}],"brochureServices":["education planning","estate planning","retirement plan services"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"512-580-4740","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":98},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"20 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/286175/PDF/286175.pdf","brochureDate":"20 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010620","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Lake Hills Wealth Management have?","answer":"Lake Hills Wealth Management has 229 clients and manages $207 million for them, as of February 2026. They include 200 individual clients and 29 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lake Hills Wealth Management offer?","answer":"Lake Hills Wealth Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, and retirement plan services.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Lake Hills Wealth Management charge?","answer":"Lake Hills Wealth Management charges 0.45%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"2026-02-20 LAKE HILLS WEALTH MANAGEMENT FORM ADV PART 2, filed 20 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Lake Hills Wealth Management use?","answer":"Lake Hills Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $205M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lake Hills Wealth Management have?","answer":"Lake Hills Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Lake Hills Wealth Management invest in?","answer":"At the end of its last fiscal year, Lake Hills Wealth Management’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Lake Hills Wealth Management?","answer":"Lake Hills Wealth Management’s direct owners are Jason Clevlen (50% to 75%) and Jack Marino (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 20 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lake Hills Wealth Management get paid?","answer":"Lake Hills Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Lake Hills Wealth Management?","answer":"Lake Hills Wealth Management’s main office is at 8601 Ranch Road 2222, Building 1, Suite 230, Austin, TX 78730. Its phone number is 512-580-4740. Its website is lakehillswm.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/lake-hills-wealth-management-286175/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-07","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1705594/000121465926008272/0001214659-26-008272-index.html","totalValue":220035389,"positionCount":62,"top10Share":0.5649358249367787,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":22887943,"shares":33325,"shareType":"SH","priorValue":19641469,"priorShares":32870},{"issuer":"SPDR GOLD TR","titleOfClass":"GOLD SHS","cusip":"78463V107","value":16129887,"shares":43786,"shareType":"SH","priorValue":17233545,"priorShares":40051},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP BIOT","cusip":"78464A870","value":15925647,"shares":100636,"shareType":"SH","priorValue":11747711,"priorShares":91973},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"SOLAR ETF","cusip":"46138G706","value":12752089,"shares":215589,"shareType":"SH","priorValue":7324082,"priorShares":131468},{"issuer":"ISHARES INC","titleOfClass":"MSCI STH KOR ETF","cusip":"464286772","value":11077445,"shares":54866,"shareType":"SH","priorValue":6324436,"priorShares":51414},{"issuer":"ISHARES TR","titleOfClass":"1 3 YR TREAS BD","cusip":"464287457","value":10243058,"shares":124748,"shareType":"SH","priorValue":6656711,"priorShares":80619},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR ENERG ETF","cusip":"81369Y506","value":9786633,"shares":184271,"shareType":"SH","priorValue":7993511,"priorShares":130485},{"issuer":"ISHARES TR","titleOfClass":"ISHARES SEMICDTR","cusip":"464287523","value":9608837,"shares":14996,"shareType":"SH","priorValue":10527966,"priorShares":32033},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR TECHN ETF","cusip":"81369Y803","value":9275085,"shares":48683,"shareType":"SH","priorValue":7225640,"priorShares":54369},{"issuer":"GLOBAL X FDS","titleOfClass":"US INFR DEV ETF","cusip":"37954Y673","value":6619250,"shares":112343,"shareType":"SH","priorValue":5549062,"priorShares":109212}],"positionsListed":62,"positions":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":22887943,"shares":33325,"shareType":"SH","priorValue":19641469,"priorShares":32870},{"issuer":"SPDR GOLD TR","titleOfClass":"GOLD SHS","cusip":"78463V107","value":16129887,"shares":43786,"shareType":"SH","priorValue":17233545,"priorShares":40051},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP BIOT","cusip":"78464A870","value":15925647,"shares":100636,"shareType":"SH","priorValue":11747711,"priorShares":91973},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"SOLAR ETF","cusip":"46138G706","value":12752089,"shares":215589,"shareType":"SH","priorValue":7324082,"priorShares":131468},{"issuer":"ISHARES INC","titleOfClass":"MSCI STH KOR ETF","cusip":"464286772","value":11077445,"shares":54866,"shareType":"SH","priorValue":6324436,"priorShares":51414},{"issuer":"ISHARES TR","titleOfClass":"1 3 YR TREAS BD","cusip":"464287457","value":10243058,"shares":124748,"shareType":"SH","priorValue":6656711,"priorShares":80619},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR ENERG ETF","cusip":"81369Y506","value":9786633,"shares":184271,"shareType":"SH","priorValue":7993511,"priorShares":130485},{"issuer":"ISHARES TR","titleOfClass":"ISHARES SEMICDTR","cusip":"464287523","value":9608837,"shares":14996,"shareType":"SH","priorValue":10527966,"priorShares":32033},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR TECHN ETF","cusip":"81369Y803","value":9275085,"shares":48683,"shareType":"SH","priorValue":7225640,"priorShares":54369},{"issuer":"GLOBAL X FDS","titleOfClass":"US INFR DEV ETF","cusip":"37954Y673","value":6619250,"shares":112343,"shareType":"SH","priorValue":5549062,"priorShares":109212},{"issuer":"ISHARES TR","titleOfClass":"LATN AMER 40 ETF","cusip":"464287390","value":6345574,"shares":188017,"shareType":"SH"},{"issuer":"VANECK ETF TRUST","titleOfClass":"OIL SERVICES ETF","cusip":"92189H607","value":6329346,"shares":17013,"shareType":"SH"},{"issuer":"FIRST TR EXCHANGE-TRADED FD","titleOfClass":"NAT GAS ETF","cusip":"33733E807","value":6044116,"shares":227137,"shareType":"SH","priorValue":6973765,"priorShares":220062},{"issuer":"KRANESHARES TRUST","titleOfClass":"CSI CHI INTERNET","cusip":"500767306","value":5755026,"shares":235187,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"FLTG RATE NT ETF","cusip":"46429B655","value":5246715,"shares":102776,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"0-5 YR TIPS ETF","cusip":"46429B747","value":4868026,"shares":47651,"shareType":"SH","priorValue":7031895,"priorShares":67987},{"issuer":"GLOBAL X FDS","titleOfClass":"LITHIUM BTRY ETF","cusip":"37954Y855","value":4241837,"shares":54188,"shareType":"SH","priorValue":4151778,"priorShares":55841},{"issuer":"GLOBAL X FDS","titleOfClass":"GLOBAL X COPPER","cusip":"37954Y830","value":4185321,"shares":54376,"shareType":"SH","priorValue":4149164,"priorShares":54344},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR BLO 1 ETF","cusip":"78468R663","value":3166070,"shares":34549,"shareType":"SH","priorValue":1403558,"priorShares":15316},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":2985681,"shares":10318,"shareType":"SH","priorValue":2497349,"priorShares":9840},{"issuer":"VANECK ETF TRUST","titleOfClass":"RARE EAR STR ETF","cusip":"92189H805","value":2875188,"shares":32488,"shareType":"SH","priorValue":2712688,"priorShares":30826},{"issuer":"VANECK ETF TRUST","titleOfClass":"JP MRGAN EM LOC","cusip":"92189H300","value":2847588,"shares":111408,"shareType":"SH","priorValue":5026595,"priorShares":200183},{"issuer":"ISHARES SILVER TR","titleOfClass":"ISHARES","cusip":"46428Q109","value":2800545,"shares":52376,"shareType":"SH","priorValue":2995775,"priorShares":43965},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR CONV ETF","cusip":"78464A359","value":2595443,"shares":24072,"shareType":"SH"},{"issuer":"GLOBAL X FDS","titleOfClass":"GLOBAL X URANIUM","cusip":"37954Y871","value":2303646,"shares":52715,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"IBOXX HI YD ETF","cusip":"464288513","value":2258433,"shares":28241,"shareType":"SH"},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":2153970,"shares":2925,"shareType":"SH","priorValue":1440641,"priorShares":2496},{"issuer":"ISHARES TR","titleOfClass":"JPMORGAN USD EMG","cusip":"464288281","value":2065938,"shares":21422,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"SHRT NAT MUN ETF","cusip":"464288158","value":1811268,"shares":17012,"shareType":"SH"},{"issuer":"JANUS DETROIT STR TR","titleOfClass":"HENDRSON AAA CL","cusip":"47103U845","value":1652386,"shares":32727,"shareType":"SH"},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"SR LN ETF","cusip":"46138G508","value":1612163,"shares":79144,"shareType":"SH"},{"issuer":"VANECK ETF TRUST","titleOfClass":"FALLEN ANGEL HG","cusip":"92189F437","value":1589662,"shares":54366,"shareType":"SH"},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":1531335,"shares":6425,"shareType":"SH","priorValue":1327305,"priorShares":6373},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":1485753,"shares":7425,"shareType":"SH","priorValue":1166805,"priorShares":6690},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":1138313,"shares":1520,"shareType":"SH","priorValue":992879,"priorShares":1520},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":1099985,"shares":3078,"shareType":"SH"},{"issuer":"GE VERNOVA INC","titleOfClass":"COM","cusip":"36828A101","value":1019778,"shares":868,"shareType":"SH","priorValue":553419,"priorShares":634},{"issuer":"CATERPILLAR INC","titleOfClass":"COM","cusip":"149123101","value":987162,"shares":927,"shareType":"SH"},{"issuer":"MODERNA INC","titleOfClass":"COM","cusip":"60770K107","value":975938,"shares":13936,"shareType":"SH","priorValue":474777,"priorShares":9346},{"issuer":"MICRON TECHNOLOGY INC","titleOfClass":"COM","cusip":"595112103","value":914198,"shares":792,"shareType":"SH"},{"issuer":"HUMANA INC","titleOfClass":"COM","cusip":"444859102","value":863556,"shares":2174,"shareType":"SH"},{"issuer":"INTERACTIVE BROKERS GROUP IN","titleOfClass":"COM CL A","cusip":"45841N107","value":855777,"shares":9832,"shareType":"SH"},{"issuer":"SANDISK CORP","titleOfClass":"COM","cusip":"80004C200","value":854922,"shares":376,"shareType":"SH","priorValue":270020,"priorShares":425},{"issuer":"NUCOR CORP","titleOfClass":"COM","cusip":"670346105","value":852242,"shares":3826,"shareType":"SH"},{"issuer":"STEEL DYNAMICS INC","titleOfClass":"COM","cusip":"858119100","value":835464,"shares":3641,"shareType":"SH"},{"issuer":"COMFORT SYS USA INC","titleOfClass":"COM","cusip":"199908104","value":834401,"shares":421,"shareType":"SH","priorValue":234428,"priorShares":170},{"issuer":"WESTERN DIGITAL CORP","titleOfClass":"COM","cusip":"958102105","value":749219,"shares":1173,"shareType":"SH","priorValue":275088,"priorShares":1017},{"issuer":"CINTAS CORP","titleOfClass":"COM","cusip":"172908105","value":708213,"shares":4164,"shareType":"SH","priorValue":704299,"priorShares":4164},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"SHORT TERM TREAS","cusip":"92206C102","value":588053,"shares":10104,"shareType":"SH","priorValue":606182,"priorShares":10355},{"issuer":"ISHARES TR","titleOfClass":"TRUST ISHARE 0-1","cusip":"464288679","value":418778,"shares":3795,"shareType":"SH","priorValue":486158,"priorShares":4404},{"issuer":"VANGUARD WELLINGTON FD","titleOfClass":"SHORT TRM TAX EX","cusip":"921935870","value":412534,"shares":4072,"shareType":"SH"},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":389250,"shares":1102,"shareType":"SH","priorValue":216482,"priorShares":755},{"issuer":"ISHARES TR","titleOfClass":"NATIONAL MUN ETF","cusip":"464288414","value":382697,"shares":3556,"shareType":"SH","priorValue":519286,"priorShares":4892},{"issuer":"VANGUARD SPECIALIZED FUNDS","titleOfClass":"DIV APP ETF","cusip":"921908844","value":349724,"shares":1478,"shareType":"SH","priorValue":317859,"priorShares":1478},{"issuer":"FUNDRISE INNOVATION FD LLC","titleOfClass":"COM SHS","cusip":"360852107","value":299999,"shares":3471,"shareType":"SH"},{"issuer":"PURECYCLE TECHNOLOGIES INC","titleOfClass":"COM","cusip":"74623V103","value":276218,"shares":34059,"shareType":"SH","priorValue":376327,"priorShares":72510},{"issuer":"NEBIUS GROUP N.V.","titleOfClass":"SHS CLASS A","cusip":"N97284108","value":252143,"shares":913,"shareType":"SH"},{"issuer":"VANECK MERK GOLD ETF","titleOfClass":"GOLD SHS","cusip":"921078101","value":244236,"shares":6329,"shareType":"SH"},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":231084,"shares":410,"shareType":"SH","priorValue":234700,"priorShares":410},{"issuer":"T1 ENERGY INC","titleOfClass":"COM NEW","cusip":"35834F104","value":214400,"shares":22616,"shareType":"SH","priorValue":394718,"priorShares":89913},{"issuer":"VANGUARD WORLD FD","titleOfClass":"MEGA CAP VAL ETF","cusip":"921910840","value":211995,"shares":1297,"shareType":"SH"},{"issuer":"REKOR SYSTEMS INC","titleOfClass":"COM","cusip":"759419104","value":18206,"shares":26200,"shareType":"SH","priorValue":12300,"priorShares":15000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}