ETF Foundry

Fund

Item	Value
Ticker (pseudo)	FSTI
CUSIP	Not applicable (hypothetical model portfolio)
Listing exchange	Not listed (hypothetical)
Underlying model	StdTurn factor (Industrials only)
Placeholder expense ratio	0.45%
Placeholder inception date	2021-04-16
Number of holdings (long leg)	124
Weighting	Cap-weighted
Rebalance frequency	Monthly
Holdings as of	July 2026

Holdings as of July 2026 (124 positions, cap-weighted; market values illustrative on a hypothetical $100,000,000 portfolio)

#	Ticker	Company	Sector	Weight	Market Value	CUSIP
1	RTX	RTX CORP	Industrials	47.83%	$47,825,587	HYP-RTX
2	DE	DEERE & CO	Industrials	29.59%	$29,587,162	HYP-DE
3	SYM	SYMBOTIC INC	Industrials	4.56%	$4,562,703	HYP-SYM
4	RBA	RB GLOBAL INC	Industrials	3.82%	$3,817,360	HYP-RBA
5	ULS	UL SOLUTIONS INC	Industrials	3.25%	$3,246,382	HYP-ULS
6	UHAL	U-HAUL HOLDING CO	Industrials	2.57%	$2,565,730	HYP-UHAL
7	GFF	GRIFFON CORP	Industrials	0.77%	$769,954	HYP-GFF
8	WOR	WORTHINGTON ENTERPRISES INC	Industrials	0.50%	$504,102	HYP-WOR
9	AACO	ABONY ACQUISITION CORP I	Industrials	0.49%	$487,034	HYP-AACO
10	GRC	GORMAN RUPP CO	Industrials	0.39%	$386,500	HYP-GRC
11	FBYD	FALCON'S BEYOND GLOBAL INC	Industrials	0.25%	$246,986	HYP-FBYD
12	GIC	GLOBAL INDUSTRIAL CO	Industrials	0.24%	$241,902	HYP-GIC
13	AEBI	AEBI SCHMIDT HOLDING AG	Industrials	0.18%	$181,505	HYP-AEBI
14	SKYH	SKY HARBOUR GROUP CORP	Industrials	0.15%	$146,342	HYP-SKYH
15	EVAC	EQV VENTURES ACQUISITION CORP II	Industrials	0.11%	$109,674	HYP-EVAC
16	CEPF	CANTOR EQUITY PARTNERS IV INC	Industrials	0.11%	$109,453	HYP-CEPF
17	EBF	ENNIS INC	Industrials	0.10%	$99,268	HYP-EBF
18	TRC	TEJON RANCH CO	Industrials	0.09%	$90,092	HYP-TRC
19	KRSP	RICE ACQUISITION CORP 3	Industrials	0.09%	$88,990	HYP-KRSP
20	ANSC	AGRICULTURE & NATURAL SOLUTIONS ACQUISITION CORP	Industrials	0.09%	$87,229	HYP-ANSC
21	MTW	MANITOWOC CO INC	Industrials	0.09%	$85,871	HYP-MTW
22	QUAD	QUAD/GRAPHICS INC	Industrials	0.08%	$81,760	HYP-QUAD
23	KBON	KARBON CAPITAL PARTNERS CORP	Industrials	0.08%	$81,338	HYP-KBON
24	LXFR	LUXFER HOLDINGS PLC	Industrials	0.08%	$81,062	HYP-LXFR
25	MESH	MESHFLOW ACQUISITION CORP	Industrials	0.08%	$79,227	HYP-MESH
26	CLBR	COLOMBIER ACQUISITION CORP III	Industrials	0.08%	$75,648	HYP-CLBR
27	NPAC	NEW PROVIDENCE ACQUISITION CORP III	Industrials	0.07%	$73,244	HYP-NPAC
28	RDAG	REPUBLIC DIGITAL ACQUISITION CO	Industrials	0.07%	$71,225	HYP-RDAG
29	WENN	WEN ACQUISITION CORP	Industrials	0.07%	$71,060	HYP-WENN
30	HACQ	HCM IV ACQUISITION CORP	Industrials	0.07%	$69,207	HYP-HACQ
31	ULH	UNIVERSAL LOGISTICS HOLDINGS INC	Industrials	0.07%	$69,152	HYP-ULH
32	ALUB	ALUSSA ENERGY ACQUISITION CORP II	Industrials	0.07%	$66,215	HYP-ALUB
33	CCII	COHEN CIRCLE ACQUISITION CORP II	Industrials	0.07%	$66,087	HYP-CCII
34	IPCX	INFLECTION POINT ACQUISITION CORP III	Industrials	0.07%	$65,793	HYP-IPCX
35	HCIC	HENNESSY CAPITAL INVESTMENT CORP VIII	Industrials	0.06%	$64,986	HYP-HCIC
36	SOUL	SOULPOWER ACQUISITION CORP	Industrials	0.06%	$64,674	HYP-SOUL
37	SBXE	SILVERBOX CORP V	Industrials	0.06%	$64,270	HYP-SBXE
38	OYSE	OYSTER ENTERPRISES II ACQUISITION CORP	Industrials	0.06%	$64,178	HYP-OYSE
39	TLNC	TALON CAPITAL CORP	Industrials	0.06%	$64,105	HYP-TLNC
40	ARTC	ART TECHNOLOGY ACQUISITION CORP	Industrials	0.06%	$63,738	HYP-ARTC
41	BIXI	BITCOIN INFRASTRUCTURE ACQUISITION CORP LTD	Industrials	0.06%	$63,481	HYP-BIXI
42	DSAC	DAEDALUS SPECIAL ACQUISITION CORP	Industrials	0.06%	$63,407	HYP-DSAC
43	SORN	SOREN ACQUISITION CORP	Industrials	0.06%	$63,352	HYP-SORN
44	AACI	ARMADA ACQUISITION CORP III	Industrials	0.06%	$62,269	HYP-AACI
45	BLUW	BLUE WATER ACQUISITION CORP III	Industrials	0.06%	$61,187	HYP-BLUW
46	RTAC	RENATUS TACTICAL ACQUISITION CORP I	Industrials	0.06%	$60,398	HYP-RTAC
47	CRAQ	CAL REDWOOD ACQUISITION CORP	Industrials	0.06%	$59,498	HYP-CRAQ
48	EVOX	EVOLUTION GLOBAL ACQUISITION CORP	Industrials	0.06%	$59,076	HYP-EVOX
49	PMTR	PERIMETER ACQUISITION CORP I	Industrials	0.06%	$59,003	HYP-PMTR
50	ALDF	ALDEL FINANCIAL II INC	Industrials	0.06%	$58,654	HYP-ALDF
51	POLE	ANDRETTI ACQUISITION CORP II	Industrials	0.06%	$58,434	HYP-POLE
52	VACI	VIKING ACQUISITION CORP I	Industrials	0.06%	$58,305	HYP-VACI
53	RNGT	RANGE CAPITAL ACQUISITION CORP II	Industrials	0.06%	$58,177	HYP-RNGT
54	CMII	COLUMBUS CIRCLE CAPITAL CORP II	Industrials	0.06%	$57,847	HYP-CMII
55	AEAQ	ACTIVATE ENERGY ACQUISITION CORP	Industrials	0.06%	$57,516	HYP-AEAQ
56	LPAA	LAUNCH ONE ACQUISITION CORP	Industrials	0.06%	$57,406	HYP-LPAA
57	PAMT	PAMT CORP	Industrials	0.06%	$57,039	HYP-PAMT
58	GRAF	GRAF GLOBAL CORP	Industrials	0.06%	$56,874	HYP-GRAF
59	CIX	COMPX INTERNATIONAL INC	Industrials	0.06%	$56,764	HYP-CIX
60	TMTS	SPARTACUS ACQUISITION CORP II	Industrials	0.06%	$56,617	HYP-TMTS
61	LWAC	LIGHTWAVE ACQUISITION CORP	Industrials	0.06%	$56,580	HYP-LWAC
62	ITHA	ITHAX ACQUISITION CORP III	Industrials	0.06%	$56,287	HYP-ITHA
63	VHCP	VINE HILL CAPITAL INVESTMENT CORP II	Industrials	0.06%	$56,287	HYP-VHCP
64	OFLX	OMEGA FLEX INC	Industrials	0.06%	$55,351	HYP-OFLX
65	OTGA	OTG ACQUISITION CORP I	Industrials	0.06%	$55,112	HYP-OTGA
66	SVAQ	SILICON VALLEY ACQUISITION CORP	Industrials	0.05%	$54,084	HYP-SVAQ
67	IRHO	IRON HORSE ACQUISITION II CORP	Industrials	0.05%	$53,938	HYP-IRHO
68	PACH	PIONEER ACQUISITION I CORP	Industrials	0.05%	$53,699	HYP-PACH
69	AACB	ARTIUS II ACQUISITION INC	Industrials	0.05%	$53,534	HYP-AACB
70	NL	NL INDUSTRIES INC	Industrials	0.05%	$52,910	HYP-NL
71	ADAC	AMERICAN DRIVE ACQUISITION CO	Industrials	0.05%	$52,873	HYP-ADAC
72	FGII	FG IMPERII ACQUISITION CORP	Industrials	0.05%	$52,855	HYP-FGII
73	LPCV	LAUNCHPAD CADENZA ACQUISITION CORP I	Industrials	0.05%	$52,708	HYP-LPCV
74	SBXD	SILVERBOX CORP IV	Industrials	0.05%	$50,451	HYP-SBXD
75	TG	TREDEGAR CORP	Industrials	0.05%	$48,322	HYP-TG
76	DMAA	DRUGS MADE IN AMERICA ACQUISITION CORP	Industrials	0.05%	$47,533	HYP-DMAA
77	NTWO	NEWBURY STREET II ACQUISITION CORP	Industrials	0.05%	$47,533	HYP-NTWO
78	CAQ	CAMBRIDGE ACQUISITION CORP	Industrials	0.05%	$45,734	HYP-CAQ
79	MKLY	MCKINLEY ACQUISITION CORP	Industrials	0.05%	$45,532	HYP-MKLY
80	COPL	COPLEY ACQUISITION CORP	Industrials	0.05%	$45,422	HYP-COPL
81	IGAC	INVEST GREEN ACQUISITION CORP	Industrials	0.04%	$44,027	HYP-IGAC
82	DAAQ	DIGITAL ASSET ACQUISITION CORP	Industrials	0.04%	$43,880	HYP-DAAQ
83	MACI	MELAR ACQUISITION CORP I	Industrials	0.04%	$43,256	HYP-MACI
84	GENC	GENCOR INDUSTRIES INC	Industrials	0.04%	$43,201	HYP-GENC
85	HLXC	HELIX ACQUISITION CORP III	Industrials	0.04%	$42,834	HYP-HLXC
86	BLRK	BLUEROCK ACQUISITION CORP	Industrials	0.04%	$42,339	HYP-BLRK
87	SVCC	STELLAR V CAPITAL CORP (CAYMAN ISLANDS)	Industrials	0.04%	$42,082	HYP-SVCC
88	IRAB	IRIS ACQUISITION CORP II	Industrials	0.04%	$41,825	HYP-IRAB
89	GSHR	GESHER ACQUISITION CORP II	Industrials	0.04%	$39,347	HYP-GSHR
90	EGHA	EGH ACQUISITION CORP	Industrials	0.04%	$39,017	HYP-EGHA
91	HAVA	HARVARD AVE ACQUISITION CORP	Industrials	0.04%	$38,430	HYP-HAVA
92	WLII	WILLOW LANE ACQUISITION CORP II	Industrials	0.04%	$37,934	HYP-WLII
93	BEBE	TGE VALUE CREATIVE SOLUTIONS CORP	Industrials	0.04%	$36,631	HYP-BEBE
94	FIGX	FIGX CAPITAL ACQUISITION CORP	Industrials	0.04%	$36,466	HYP-FIGX
95	LFAC	LEAPFROG ACQUISITION CORP	Industrials	0.04%	$35,255	HYP-LFAC
96	PAAC	PROEM ACQUISITION CORP I	Industrials	0.03%	$32,392	HYP-PAAC
97	CHEC	CHENGHE ACQUISITION III CO	Industrials	0.03%	$32,337	HYP-CHEC
98	RANG	RANGE CAPITAL ACQUISITION CORP	Industrials	0.03%	$31,456	HYP-RANG
99	TAVI	TAVIA ACQUISITION CORP	Industrials	0.03%	$31,181	HYP-TAVI
100	HQI	HIREQUEST INC	Industrials	0.03%	$30,887	HYP-HQI
101	CTAA	CLEARTHINK 1 ACQUISITION CORP	Industrials	0.03%	$30,355	HYP-CTAA
102	NMP	NMP ACQUISITION CORP	Industrials	0.03%	$30,171	HYP-NMP
103	LAFA	LAFAYETTE ACQUISITION CORP	Industrials	0.03%	$29,070	HYP-LAFA
104	WPAC	WHITE PEARL ACQUISITION CORP	Industrials	0.03%	$28,776	HYP-WPAC
105	RFAM	RF ACQUISITION CORP III	Industrials	0.03%	$25,308	HYP-RFAM
106	SCPQ	SOCIAL COMMERCE PARTNERS CORP	Industrials	0.03%	$25,106	HYP-SCPQ
107	IPEX	INFLECTION POINT ACQUISITION CORP V	Industrials	0.02%	$23,032	HYP-IPEX
108	CHAR	CHARLTON ARIA ACQUISITION CORP	Industrials	0.02%	$21,234	HYP-CHAR
109	CHPG	CHAMPIONSGATE ACQUISITION CORP	Industrials	0.02%	$19,105	HYP-CHPG
110	LCCC	LAKESHORE ACQUISITION III CORP	Industrials	0.02%	$17,068	HYP-LCCC
111	ULBI	ULTRALIFE CORP	Industrials	0.02%	$16,847	HYP-ULBI
112	MMTX	MILUNA ACQUISITION CORP	Industrials	0.02%	$16,389	HYP-MMTX
113	BSAA	BEST SPAC I ACQUISITION CORP	Industrials	0.02%	$16,315	HYP-BSAA
114	MHH	MASTECH DIGITAL INC	Industrials	0.02%	$16,242	HYP-MHH
115	CPBI	CENTRAL PLAINS BANCSHARES INC	Industrials	0.02%	$15,508	HYP-CPBI
116	FVN	FUTURE VISION II ACQUISITION CORP	Industrials	0.02%	$15,141	HYP-FVN
117	SSEA	STARRY SEA ACQUISITION CORP	Industrials	0.01%	$14,407	HYP-SSEA
118	AIRT	AIR T INC	Industrials	0.01%	$13,379	HYP-AIRT
119	KVAC	KEEN VISION ACQUISITION CORP	Industrials	0.01%	$12,480	HYP-KVAC
120	EURK	EUREKA ACQUISITION CORP	Industrials	0.01%	$11,066	HYP-EURK
121	UYSC	UY SCUTI ACQUISITION CORP	Industrials	0.01%	$10,332	HYP-UYSC
122	IBAC	IB ACQUISITION CORP	Industrials	0.01%	$9,910	HYP-IBAC
123	RIBB	RIBBON ACQUISITION CORP	Industrials	0.01%	$9,910	HYP-RIBB
124	BKHA	BLACK HAWK ACQUISITION CORP	Industrials	0.01%	$9,231	HYP-BKHA

DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.

Foundry Industrials StdTurn Factor ETF

Fund

Holdings as of July 2026 (124 positions, cap-weighted; market values illustrative on a hypothetical $100,000,000 portfolio)