ALTEX Portfolio

Firsthand Alternative Energy Fund

Complete Portfolio

As of June 30, 2020

Security Market Value % Assets
SolarEdge Technologies, Inc. $ 971,460 16.95%
Cree, Inc. $ 473,520 8.26%
Itron, Inc. $ 368,681 6.43%
Vestas Wind Systems A/S $ 307,800 5.37%
Koninklijke (Royal) Philips Electronics N.V. $ 270,267 4.71%
Iberdrola S.A. $ 266,360 4.65%
First Solar, Inc. $ 247,500 4.32%
Enphase Energy, Inc. $ 237,850 4.15%
Aspen Aerogels, Inc. $ 230,300 4.02%
Quanta Services, Inc. $ 196,150 3.42%
Corning, Inc. $ 167,314 2.92%
ABB LTD. $ 157,920 2.75%
SunPower Corp. - Class B $ 152,671 2.66%
Gamesa Corporacion Tecnologica, S.A. $ 128,906 2.25%
GW Pharmaceuticals plc $ 122,720 2.14%
Vivint Solar, Inc. $ 118,800 2.07%
Sunrun, Inc. $ 98,600 1.72%
Covanta Holding Corp. $ 95,900 1.67%
Power Integrations, Inc. $ 94,386 1.65%
Honeywell International, Inc. $ 83,862 1.46%
ULVAC $ 77,768 1.36%
Raytheon Technologies Corp. $ 61,620 1.07%
Curaleaf Holdings, Inc. $ 61,000 1.06%
Orion Energy Systems, Inc. $ 48,440 0.84%
Advanced Emissions Solutions, Inc $ 32,980 0.58%
Amtech Systems, Inc. $ 32,142 0.56%
Intevac, Inc. $ 31,668 0.55%
Otis Worldwide Corp $ 28,430 0.50%
Carrier Global Corp. $ 22,220 0.39%
Motech Industries, Inc. $ 14,446 0.25%
Sharp Corp. $ 11,675 0.20%
Resideo Technologies, Inc. $ 3,082 0.05%
Garrett Motion, Inc. $ 875 0.02%
Silicon Genesis Corp. $ 355 0.00%
GrowLife, Inc. $ 1 0.00%
CASH $ 515,004 8.98%
TOTAL: $5,732,673 100.00%
* Indicates private company.

The information provided should not be considered a recommendation to purchase or sell a particular security and there is no assurance that, as of the date of publication, the securities purchased remain in the Fund's portfolio or that securities sold have not been repurchased. Also, you should note that the securities discussed, even if they have been purchased by the Fund, do not represent the Fund's entire portfolio and, in the aggregate, may represent only a small percentage of the Fund's holdings. There can be no assurance that any Firsthand Fund will buy, sell, or hold any particular security after the date referred to in the discussion.

Private companies with valuations of zero have been omitted.

Note: Cash figure is net of receivables and payables.