| iDirect Multi-Strategy Fund, LLC | ||||||||||||||
| PORTFOLIO OF INVESTMENTS (Unaudited) | ||||||||||||||
| June 30, 2026 | ||||||||||||||
| Cost | Fair Value | % of Net Assets | Initial Acquisition Date | Liquidity (1) | ||||||||||
| INVESTMENT FUNDS - 95.86% | ||||||||||||||
| QUANTITATIVE STRATEGY - 12.88% | ||||||||||||||
| WMA Systematic Alpha Broad US Equity Return Onshore Fund L.P. - Class B | $ 8,000,000 | $ 7,657,377 | 1.96% | 3/1/2026 | Monthly | |||||||||
| WMA Systematic Equity Alpha Long/Short Onshore Fund, L.P. | 26,505,000 | 26,543,069 | 6.81% | 7/1/2024 | Monthly | |||||||||
| WMA US Active Extension Onshore Fund, L.P. | 14,250,000 | 16,023,099 | 4.11% | 6/1/2025 | Monthly | |||||||||
| TOTAL QUANTITATIVE STRATEGY | 48,755,000 | 50,223,545 | 12.88% | |||||||||||
| MACRO - 14.15% | ||||||||||||||
| Brevan Howard Alpha Strategies Fund (Delaware No. 2), L.P. | 25,705,000 | 27,521,477 | 7.06% | 7/1/2024 | Monthly | |||||||||
| The Campbell Absolute Return Onshore Fund LLC | 27,205,000 | 27,632,568 | 7.09% | 7/1/2024 | Monthly | |||||||||
| TOTAL MACRO | 52,910,000 | 55,154,054 | 14.15% | |||||||||||
| MULTI-STRATEGY - 68.83% | ||||||||||||||
| Atlas Enhanced Fund, L.P. | 74,680,000 | 80,758,802 | 20.71% | 7/1/2024 | Quarterly | |||||||||
| Cross Bay Associates Fund LLC | 79,759,000 | 91,803,464 | 23.54% | 7/1/2025 | Quarterly | |||||||||
| Point72 Capital, L.P. | 33,380,000 | 44,138,380 | 11.32% | 7/1/2024 | Quarterly | |||||||||
| Verition Multi-Strategy Fund, LLC | 47,065,000 | 51,709,457 | 13.26% | 7/1/2024 | Quarterly | |||||||||
| TOTAL MULTI-STRATEGY | 234,884,000 | 268,410,103 | 68.83% | |||||||||||
| TOTAL INVESTMENT FUNDS | $ 336,549,000 | $ 373,787,702 | 95.86% | |||||||||||
| Shares | ||||||||||||||
| SHORT-TERM INVESTMENTS - 5.20% | ||||||||||||||
| Fidelity Government Portfolio Institutional Class, 3.57% (2) | 602,825 | 602,825 | 602,825 | 0.15% | ||||||||||
| Fidelity Treasury Portfolio Class I, 3.55% (2) | 19,675,162 | 19,675,162 | 19,675,162 | 5.05% | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS | $ 20,277,987 | $ 20,277,987 | 5.20% | |||||||||||
| TOTAL INVESTMENTS - 101.06% (Cost - $356,826,987) | $ 394,065,689 | |||||||||||||
| LIABILITIES IN EXCESS OF OTHER ASSETS - (1.06)% | (4,120,575) | |||||||||||||
| NET ASSETS - 100.00% | $ 389,945,114 | |||||||||||||
| (1) Available frequency of redemptions after the initial lock up period, if any. Different tranches may have varying liquidity terms. | ||||||||||||||
| (2) Money market fund; interest rate reflects seven-day effective yield on June 30, 2026. | ||||||||||||||