ALTEX Portfolio

Firsthand Alternative Energy Fund

Complete Portfolio

As of September 30, 2021

Security Market Value % Assets
SolarEdge Technologies, Inc. $ 1,856,540 10.48%
Aspen Aerogels, Inc. $ 1,610,350 9.09%
Cree, Inc. $ 807,300 4.56%
Enphase Energy, Inc. $ 749,850 4.23%
Hyzon Motors, Inc. $ 685,637 3.87%
Kratos Defense & Security Solutions, Inc. $ 669,300 3.78%
Vestas Wind Systems A/S $ 606,975 3.43%
Corning, Inc. $ 600,625 3.39%
Quanta Services, Inc. $ 569,100 3.21%
Maxar Technologyies, Inc. $ 566,400 3.20%
Sunrun, Inc. $ 510,400 2.88%
EVgo, Inc. $ 489,000 2.76%
Koninklijke (Royal) Philips Electronics N.V. $ 483,818 2.73%
First Solar, Inc. $ 477,300 2.69%
SunPower Corp. - Class B $ 452,035 2.55%
Itron, Inc. $ 420,881 2.38%
Social Capital Hedosophia Holdings Corp. $ 406,000 2.29%
Decarbonization Plus Acquisition Corp III $ 402,000 2.27%
Queen's Gambit Growth Capital $ 394,800 2.23%
Iberdrola S.A. $ 245,694 1.39%
ABB LTD. $ 233,520 1.32%
Covanta Holding Corp. $ 201,200 1.14%
Siemens Gamesa Renewable Energy $ 185,460 1.05%
Spring Valley Acquisition Corp. $ 173,800 0.98%
Power Integrations, Inc. $ 158,186 0.89%
ULVAC $ 155,506 0.88%
Honeywell International, Inc. $ 123,122 0.69%
Curaleaf Holdings, Inc. $ 120,500 0.68%
Raytheon Technologies Corp. $ 85,960 0.49%
Amtech Systems, Inc. $ 75,438 0.43%
Orion Energy Systems, Inc. $ 54,460 0.31%
Carrier Global Corp. $ 51,760 0.29%
Maxeon Solar Technologies LTD $ 43,916 0.25%
Advanced Emissions Solutions, Inc $ 43,452 0.25%
Hyzon Motors, Inc. Warrant $ 42,900 0.24%
Decarbonization Plus Acquisition Corp III $ 27,999 0.16%
Intevac, Inc. $ 27,724 0.16%
Jazz Pharmaceuticals plc $ 15,625 0.09%
Sharp Corp. $ 14,005 0.08%
Queen's Gambit Growth Capital $ 11,197 0.06%
*SiGen1E $ 261 0.00%
*SiGenCS $ 54 0.00%
*SiGen1C $ 4 0.00%
GrowLife, Inc. $ 0
CASH $ 2,869,981 16.20%
TOTAL: $17,720,039 100.00%
* 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.