ALTEX Portfolio

Firsthand Alternative Energy Fund

Complete Portfolio

As of December 31, 2020

Security Market Value % Assets
SolarEdge Technologies, Inc. $ 2,233,840 11.94%
Enphase Energy, Inc. $ 877,350 4.69%
Cree, Inc. $ 847,200 4.53%
Sunrun, Inc. $ 804,808 4.30%
Qell Acquisition Corp. $ 737,400 3.94%
Vestas Wind Systems A/S $ 703,050 3.76%
Sustainable Opportunities Acquisition Corp. $ 645,600 3.45%
Climate Change Crisis Real Impact I Acquisition Corp. $ 642,600 3.43%
Decarbonization Plus Acquisition Corp. $ 636,000 3.40%
Spring Valley Acquisition Corp. $ 607,200 3.25%
Aspen Aerogels, Inc. $ 584,150 3.12%
Itron, Inc. $ 533,684 2.85%
SunPower Corp. - Class B $ 511,031 2.73%
First Solar, Inc. $ 494,600 2.64%
Quanta Services, Inc. $ 360,100 1.92%
Iberdrola S.A. $ 335,821 1.80%
Koninklijke (Royal) Philips Electronics N.V. $ 318,899 1.70%
Gamesa Corporacion Tecnologica, S.A. $ 293,926 1.57%
Corning, Inc. $ 232,560 1.24%
ABB LTD. $ 195,720 1.05%
Orion Energy Systems, Inc. $ 138,180 0.74%
Covanta Holding Corp. $ 131,300 0.70%
Power Integrations, Inc. $ 130,812 0.70%
Honeywell International, Inc. $ 123,366 0.66%
Curaleaf Holdings, Inc. $ 119,717 0.64%
ULVAC $ 115,447 0.62%
GW Pharmaceuticals plc $ 115,410 0.62%
Raytheon Technologies Corp. $ 71,510 0.38%
Maxeon Solar Technologies LTD $ 70,670 0.38%
Decarboniization Plus Acquistion Corp. $ 54,900 0.29%
Spring Valley Acquisition Corp. $ 49,500 0.26%
Motech Industries, Inc. $ 46,974 0.25%
Amtech Systems, Inc. $ 42,108 0.23%
Intevac, Inc. $ 41,818 0.22%
Carrier Global Corp. $ 37,720 0.20%
Advanced Emissions Solutions, Inc $ 37,400 0.20%
Sharp Corp. $ 16,662 0.09%
*Silicon Genesis Corp.-Series 1-E $ 327 0.00%
PHOT $ 0 0.00%
CASH $ 4,768,326 25.49%
TOTAL: $18,707,801 100.00%
* 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.