CULLEN INVESTMENT GROUP, LTD. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PM	PHILIP MORRIS INTERNATIONAL INCORPORATED	65,554	$10,660	1.4%	$153.57	0.0%	Equities	718172109
BKNG	BOOKING HOLDINGS INCORPORATED	1,198	$6,580	0.9%	$5137.84	0.0%	Equities	09857L108
UL	UNILEVER PLC SPON ADR NEW	77,933	$5,003	0.6%	$64.20	—	Equities	904767803
BDX	BECTON DICKINSON & COMPANY	18,249	$3,700	0.5%	$189.55	0.0%	Equities	075887109
AMAT	APPLIED MATLS INCORPORATED	12,239	$3,686	0.5%	$239.49	0.0%	Equities	038222105
SPYM	STATE STREET SPDR PORTFOLIO S&P ETF	9,500	$776	0.1%	$81.66	—	Equities	78464A854
MU	MICRON TECHNOLOGY INCORPORATED	1,000	$345	0.0%	$229.35	0.0%	Equities	595112103
FDX	FEDEX CORPORATION	650	$203	0.0%	$261.56	0.0%	Equities	31428X106

Increased Positions (25)

GOOG ALPHABET INCORPORATED CAP STK CLASS C 4.7%

Value ($000) $36,154 (+57.9%) Shares 109,845 (+18.2%) Est. Cost $158.47 Unrealized +80.7%

WFC WELLS FARGO COMPANY NEW 1.1%

Value ($000) $8,751 (+796.7%) Shares 91,207 (+653.9%) Est. Cost $80.63 Unrealized +7.4%

GD GENERAL DYNAMICS CORPORATION 0.9%

Value ($000) $6,889 (+385.3%) Shares 19,467 (+371.1%) Est. Cost $318.23 Unrealized +7.1%

SCHW SCHWAB CHARLES CORPORATION 1.0%

Value ($000) $7,461 (+218.2%) Shares 74,479 (+198.8%) Est. Cost $89.16 Unrealized +6.2%

BK BANK NEW YORK MELLON CORPORATION 0.6%

Value ($000) $4,610 (+1900.1%) Shares 38,730 (+1691.4%) Est. Cost $109.99 Unrealized +0.5%

NVS NOVARTIS AG SPONSORED ADR 0.6%

Value ($000) $4,656 (+671.4%) Shares 32,897 (+621.6%) Est. Cost $135.92 Unrealized —

ADI ANALOG DEVICES INCORPORATED 1.4%

Value ($000) $10,580 (+51.1%) Shares 35,161 (+21.5%) Est. Cost $225.94 Unrealized +10.9%

META META PLATFORMS INCORPORATED CLASS A 1.2%

Value ($000) $9,341 (+59.7%) Shares 14,303 (+73.7%) Est. Cost $472.03 Unrealized +41.4%

MCK MCKESSON CORPORATION 0.5%

Value ($000) $3,811 (+619.5%) Shares 4,670 (+550.4%) Est. Cost $759.58 Unrealized +7.4%

COP CONOCOPHILLIPS 0.5%

Value ($000) $3,507 (+688.1%) Shares 35,964 (+661.0%) Est. Cost $92.29 Unrealized -2.5%

AMZN AMAZON COM INCORPORATED 2.0%

Value ($000) $15,351 (+20.3%) Shares 62,056 (+6.8%) Est. Cost $149.53 Unrealized +53.0%

BAC BANK AMERICA CORPORATION 0.6%

Value ($000) $4,469 (+134.4%) Shares 80,011 (+112.5%) Est. Cost $41.03 Unrealized +28.3%

BRK/B BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW 6.5%

Value ($000) $50,282 (+4.2%) Shares 100,745 (+4.2%) Est. Cost $356.85 Unrealized +39.4%

CMCSA COMCAST CORP NEW CLASS A 0.9%

Value ($000) $7,080 (+20.6%) Shares 249,554 (+31.3%) Est. Cost $37.14 Unrealized -23.2%

MDT MEDTRONIC PLC SHS 1.3%

Value ($000) $10,191 (+12.1%) Shares 104,479 (+12.2%) Est. Cost $77.64 Unrealized +25.1%

V VISA INCORPORATED COM CLASS A 1.4%

Value ($000) $10,414 (+7.5%) Shares 29,774 (+7.5%) Est. Cost $249.51 Unrealized +36.4%

NATH NATHANS FAMOUS INCORPORATED NEW 0.1%

Value ($000) $956 (-18.3%) Shares 10,531 (+1.2%) Est. Cost $68.86 Unrealized +46.0%

ORCL ORACLE CORPORATION 0.1%

Value ($000) $493 (+31.9%) Shares 2,483 (+90.1%) Est. Cost $197.42 Unrealized +20.6%

CLF CLEVELAND-CLIFFS INCORPORATED NEW 0.1%

Value ($000) $792 (+17.1%) Shares 62,069 (+17.0%) Est. Cost $13.75 Unrealized -8.1%

OKE ONEOK INCORPORATED NEW 0.1%

Value ($000) $1,068 (+5.5%) Shares 14,684 (+5.8%) Est. Cost $60.91 Unrealized +15.7%

ET ENERGY TRANSFER L P COM UT LTD PTN 0.1%

Value ($000) $1,143 (+2.9%) Shares 67,400 (+2.0%) Est. Cost $14.11 Unrealized —

— ADAM NAT RES FD INCORPORATED 0.1%

Value ($000) $614 (+5.4%) Shares 27,399 (+1.7%) Est. Cost $20.77 Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value ($000) $277 (+5.8%) Shares 442 (+1.8%) Est. Cost $558.22 Unrealized —

QSR RESTAURANT BRANDS INTERNATIONAL INCORPORATED 0.1%

Value ($000) $622 (+2.1%) Shares 9,016 (+1.3%) Est. Cost $70.11 Unrealized -1.7%

BSM BLACK STONE MINERALS L P COM UNIT 0.0%

Value ($000) $225 (+5.3%) Shares 16,392 (+2.2%) Est. Cost $15.72 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INCORPORATED CAP STK CLASS C	109,845 (+18.2%)	$36,154 (+57.9%)	4.7%	$158.47	+80.7%	Equities	02079K107
WFC	WELLS FARGO COMPANY NEW	91,207 (+653.9%)	$8,751 (+796.7%)	1.1%	$80.63	+7.4%	Equities	949746101
GD	GENERAL DYNAMICS CORPORATION	19,467 (+371.1%)	$6,889 (+385.3%)	0.9%	$318.23	+7.1%	Equities	369550108
SCHW	SCHWAB CHARLES CORPORATION	74,479 (+198.8%)	$7,461 (+218.2%)	1.0%	$89.16	+6.2%	Equities	808513105
BK	BANK NEW YORK MELLON CORPORATION	38,730 (+1691.4%)	$4,610 (+1900.1%)	0.6%	$109.99	+0.5%	Equities	064058100
NVS	NOVARTIS AG SPONSORED ADR	32,897 (+621.6%)	$4,656 (+671.4%)	0.6%	$135.92	—	Equities	66987V109
ADI	ANALOG DEVICES INCORPORATED	35,161 (+21.5%)	$10,580 (+51.1%)	1.4%	$225.94	+10.9%	Equities	032654105
META	META PLATFORMS INCORPORATED CLASS A	14,303 (+73.7%)	$9,341 (+59.7%)	1.2%	$472.03	+41.4%	Equities	30303M102
MCK	MCKESSON CORPORATION	4,670 (+550.4%)	$3,811 (+619.5%)	0.5%	$759.58	+7.4%	Equities	58155Q103
COP	CONOCOPHILLIPS	35,964 (+661.0%)	$3,507 (+688.1%)	0.5%	$92.29	-2.5%	Equities	20825C104
AMZN	AMAZON COM INCORPORATED	62,056 (+6.8%)	$15,351 (+20.3%)	2.0%	$149.53	+53.0%	Equities	023135106
BAC	BANK AMERICA CORPORATION	80,011 (+112.5%)	$4,469 (+134.4%)	0.6%	$41.03	+28.3%	Equities	060505104
BRK/B	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	100,745 (+4.2%)	$50,282 (+4.2%)	6.5%	$356.85	+39.4%	Equities	084670702
CMCSA	COMCAST CORP NEW CLASS A	249,554 (+31.3%)	$7,080 (+20.6%)	0.9%	$37.14	-23.2%	Equities	20030N101
MDT	MEDTRONIC PLC SHS	104,479 (+12.2%)	$10,191 (+12.1%)	1.3%	$77.64	+25.1%	Equities	G5960L103
V	VISA INCORPORATED COM CLASS A	29,774 (+7.5%)	$10,414 (+7.5%)	1.4%	$249.51	+36.4%	Equities	92826C839
NATH	NATHANS FAMOUS INCORPORATED NEW	10,531 (+1.2%)	$956 (-18.3%)	0.1%	$68.86	+46.0%	Equities	632347100
ORCL	ORACLE CORPORATION	2,483 (+90.1%)	$493 (+31.9%)	0.1%	$197.42	+20.6%	Equities	68389X105
CLF	CLEVELAND-CLIFFS INCORPORATED NEW	62,069 (+17.0%)	$792 (+17.1%)	0.1%	$13.75	-8.1%	Equities	185899101
OKE	ONEOK INCORPORATED NEW	14,684 (+5.8%)	$1,068 (+5.5%)	0.1%	$60.91	+15.7%	Equities	682680103
ET	ENERGY TRANSFER L P COM UT LTD PTN	67,400 (+2.0%)	$1,143 (+2.9%)	0.1%	$14.11	—	Equities	29273V100
—	ADAM NAT RES FD INCORPORATED	27,399 (+1.7%)	$614 (+5.4%)	0.1%	$20.77	—	Equities	00548F105
QQQ	INVESCO QQQ TR	442 (+1.8%)	$277 (+5.8%)	0.0%	$558.22	—	Equities	46090E103
QSR	RESTAURANT BRANDS INTERNATIONAL INCORPORATED	9,016 (+1.3%)	$622 (+2.1%)	0.1%	$70.11	-1.7%	Equities	76131D103
BSM	BLACK STONE MINERALS L P COM UNIT	16,392 (+2.2%)	$225 (+5.3%)	0.0%	$15.72	—	Equities	09225M101

Exited Positions (7)

FISV FISERV INCORPORATED 0.2%

Value ($000) $1,788 Shares 14,017 Est. Cost $125.40 Unrealized -33.1%

SNPS SYNOPSYS INCORPORATED 0.2%

Value ($000) $1,667 Shares 3,553 Est. Cost $484.24 Unrealized -8.3%

CMG CHIPOTLE MEXICAN GRILL INCORPORATED 0.2%

Value ($000) $1,314 Shares 31,469 Est. Cost $56.80 Unrealized -36.3%

DXCM DEXCOM INCORPORATED 0.1%

Value ($000) $1,017 Shares 15,164 Est. Cost $111.23 Unrealized -41.9%

EL LAUDER ESTEE COMPANIES INCORPORATED CLASS A 0.1%

Value ($000) $501 Shares 5,696 Est. Cost $121.84 Unrealized -20.5%

ADP AUTOMATIC DATA PROCESSING INCORPORATED 0.0%

Value ($000) $205 Shares 704 Est. Cost $287.90 Unrealized -8.0%

NAK NORTHERN DYNASTY MINERALS LIMITED COM NEW 0.0%

Value ($000) $19 Shares 14,333 Est. Cost $1.07 Unrealized +79.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INCORPORATED	14,017	$1,788	0.2%	$125.40	-33.1%	—	337738108
SNPS	SYNOPSYS INCORPORATED	3,553	$1,667	0.2%	$484.24	-8.3%	—	871607107
CMG	CHIPOTLE MEXICAN GRILL INCORPORATED	31,469	$1,314	0.2%	$56.80	-36.3%	—	169656105
DXCM	DEXCOM INCORPORATED	15,164	$1,017	0.1%	$111.23	-41.9%	—	252131107
EL	LAUDER ESTEE COMPANIES INCORPORATED CLASS A	5,696	$501	0.1%	$121.84	-20.5%	—	518439104
ADP	AUTOMATIC DATA PROCESSING INCORPORATED	704	$205	0.0%	$287.90	-8.0%	—	053015103
NAK	NORTHERN DYNASTY MINERALS LIMITED COM NEW	14,333	$19	0.0%	$1.07	+79.6%	—	66510M204

Decreased Positions (105)

ETN EATON CORPORATION PLC SHS 2.5%

Value ($000) $19,325 (-29.5%) Shares 59,561 (-18.9%) Est. Cost $219.86 Unrealized +61.2%

MSI MOTOROLA SOLUTIONS INCORPORATED COM NEW 0.8%

Value ($000) $6,078 (-48.8%) Shares 15,865 (-39.4%) Est. Cost $323.32 Unrealized +24.0%

MSFT MICROSOFT CORPORATION 5.2%

Value ($000) $40,009 (-12.4%) Shares 83,479 (-5.4%) Est. Cost $351.45 Unrealized +42.4%

AVGO BROADCOM INCORPORATED 3.1%

Value ($000) $23,830 (-16.7%) Shares 69,108 (-18.2%) Est. Cost $153.69 Unrealized +132.3%

UNP UNION PAC CORPORATION 1.1%

Value ($000) $8,556 (-32.0%) Shares 37,453 (-29.6%) Est. Cost $211.27 Unrealized +7.6%

VZ VERIZON COMMUNICATIONS INCORPORATED 0.5%

Value ($000) $4,095 (-48.5%) Shares 101,202 (-44.4%) Est. Cost $32.35 Unrealized +25.1%

CME CME GROUP INCORPORATED 0.8%

Value ($000) $6,476 (-37.1%) Shares 24,666 (-36.6%) Est. Cost $218.82 Unrealized +23.7%

UNH UNITEDHEALTH GROUP INCORPORATED 0.4%

Value ($000) $2,784 (-57.6%) Shares 8,092 (-55.6%) Est. Cost $444.49 Unrealized -24.1%

AAPL APPLE INCORPORATED 6.6%

Value ($000) $50,828 (-6.9%) Shares 195,969 (-7.3%) Est. Cost $182.81 Unrealized +46.8%

PEP PEPSICO INCORPORATED 1.0%

Value ($000) $7,510 (-32.4%) Shares 53,680 (-31.4%) Est. Cost $140.65 Unrealized +3.7%

TT TRANE TECHNOLOGIES PLC SHS 1.0%

Value ($000) $7,798 (-29.4%) Shares 20,430 (-21.6%) Est. Cost $215.90 Unrealized +91.6%

PEG PUBLIC SVC ENTERPRISE GRP INCORPORATED 0.4%

Value ($000) $2,876 (-50.6%) Shares 36,567 (-48.5%) Est. Cost $79.25 Unrealized +2.3%

FIS FIDELITY NATL INFORMATION SVCS 0.2%

Value ($000) $1,923 (-57.6%) Shares 28,760 (-57.7%) Est. Cost $76.09 Unrealized -13.7%

DRI DARDEN RESTAURANTS INCORPORATED 0.6%

Value ($000) $4,335 (-36.9%) Shares 21,423 (-39.8%) Est. Cost $149.83 Unrealized +21.5%

LLY ELI LILLY & COMPANY 1.7%

Value ($000) $12,814 (+24.0%) Shares 12,048 (-2.1%) Est. Cost $575.10 Unrealized +66.2%

UPS UNITED PARCEL SERVICE INCORPORATED CLASS B 0.6%

Value ($000) $4,993 (-30.1%) Shares 46,217 (-43.9%) Est. Cost $109.34 Unrealized -15.2%

CMI CUMMINS INCORPORATED 1.1%

Value ($000) $8,336 (+25.9%) Shares 15,099 (-1.3%) Est. Cost $216.82 Unrealized +115.1%

NXPI NXP SEMICONDUCTORS N V 0.2%

Value ($000) $1,189 (-59.0%) Shares 4,932 (-61.1%) Est. Cost $201.02 Unrealized +6.3%

GRMN GARMIN LIMITED SHS 0.8%

Value ($000) $5,969 (-22.1%) Shares 28,121 (-5.6%) Est. Cost $111.64 Unrealized +94.1%

POOL POOL CORPORATION 0.3%

Value ($000) $2,613 (-38.6%) Shares 10,359 (-24.7%) Est. Cost $337.84 Unrealized -23.2%

O REALTY INCOME CORPORATION REIT 1.1%

Value ($000) $8,492 (-15.2%) Shares 145,978 (-12.0%) Est. Cost $54.92 Unrealized +4.4%

MRK MERCK & COMPANY INCORPORATED 1.7%

Value ($000) $13,002 (+12.7%) Shares 117,623 (-9.0%) Est. Cost $94.36 Unrealized -1.2%

ALL ALLSTATE CORPORATION 0.2%

Value ($000) $1,702 (-44.1%) Shares 8,020 (-44.4%) Est. Cost $126.84 Unrealized +60.9%

HD HOME DEPOT INCORPORATED 0.8%

Value ($000) $6,134 (-17.0%) Shares 16,380 (-12.4%) Est. Cost $306.87 Unrealized +18.8%

DIS DISNEY WALT COMPANY 0.5%

Value ($000) $3,654 (-25.5%) Shares 31,532 (-27.7%) Est. Cost $93.03 Unrealized +17.7%

WMT WALMART INCORPORATED 4.5%

Value ($000) $34,426 (+3.7%) Shares 300,619 (-7.6%) Est. Cost $54.62 Unrealized +96.3%

SO SOUTHERN COMPANY 0.9%

Value ($000) $6,787 (-14.7%) Shares 78,000 (-7.3%) Est. Cost $81.00 Unrealized +12.2%

JCI JOHNSON CONTROLS INTERNATIONAL PLC SHS 1.2%

Value ($000) $9,145 (-11.3%) Shares 82,499 (-13.0%) Est. Cost $57.37 Unrealized +100.1%

NVDA NVIDIA CORPORATION 2.6%

Value ($000) $19,962 (-5.5%) Shares 107,982 (-4.1%) Est. Cost $96.64 Unrealized +92.6%

EW EDWARDS LIFESCIENCES CORPORATION 0.1%

Value ($000) $744 (-56.6%) Shares 8,740 (-60.7%) Est. Cost $70.98 Unrealized +15.6%

VEEV VEEVA SYSTEMS INCORPORATED CLASS A COM 0.2%

Value ($000) $1,462 (-38.1%) Shares 6,088 (-23.6%) Est. Cost $230.51 Unrealized +15.1%

GOOGL ALPHABET INCORPORATED CAP STK CLASS A 0.4%

Value ($000) $3,370 (+28.1%) Shares 10,257 (-4.3%) Est. Cost $136.70 Unrealized +108.9%

JPM JPMORGAN CHASE & COMPANY. 4.1%

Value ($000) $31,977 (+2.0%) Shares 97,138 (-4.0%) Est. Cost $147.08 Unrealized +110.4%

LHX L3HARRIS TECHNOLOGIES INCORPORATED 0.2%

Value ($000) $1,870 (-24.6%) Shares 5,569 (-33.2%) Est. Cost $186.43 Unrealized +54.7%

AMD ADVANCED MICRO DEVICES INCORPORATED 0.4%

Value ($000) $3,286 (-14.8%) Shares 16,172 (-30.9%) Est. Cost $119.75 Unrealized +87.5%

BLK BLACKROCK INCORPORATED 0.5%

Value ($000) $3,711 (-11.7%) Shares 3,420 (-5.6%) Est. Cost $991.05 Unrealized +9.9%

MKC MCCORMICK & COMPANY INCORPORATED COM NON VTG 0.4%

Value ($000) $3,285 (-12.7%) Shares 48,506 (-11.2%) Est. Cost $61.94 Unrealized +6.4%

SYK STRYKER CORPORATION 0.5%

Value ($000) $3,637 (-11.5%) Shares 9,896 (-10.7%) Est. Cost $274.84 Unrealized +32.2%

WBD WARNER BROS DISCOVERY INCORPORATED COM SER A 0.2%

Value ($000) $1,413 (+49.7%) Shares 48,920 (-1.6%) Est. Cost $10.79 Unrealized +116.5%

CRM SALESFORCE INCORPORATED 0.4%

Value ($000) $3,233 (-12.5%) Shares 12,437 (-19.1%) Est. Cost $225.08 Unrealized +10.3%

PG PROCTER AND GAMBLE COMPANY 0.4%

Value ($000) $3,293 (-12.3%) Shares 23,214 (-5.9%) Est. Cost $140.61 Unrealized +4.7%

FANG DIAMONDBACK ENERGY INCORPORATED 0.2%

Value ($000) $1,640 (-21.3%) Shares 11,128 (-21.3%) Est. Cost $152.73 Unrealized -3.7%

SBUX STARBUCKS CORPORATION 0.8%

Value ($000) $6,262 (-6.3%) Shares 70,457 (-8.9%) Est. Cost $92.19 Unrealized -8.8%

ENB ENBRIDGE INCORPORATED 0.3%

Value ($000) $2,533 (-14.2%) Shares 55,501 (-5.8%) Est. Cost $29.41 Unrealized +60.2%

ECL ECOLAB INCORPORATED 0.2%

Value ($000) $1,315 (-23.6%) Shares 4,841 (-22.2%) Est. Cost $252.21 Unrealized +5.4%

AXP AMERICAN EXPRESS COMPANY 0.5%

Value ($000) $4,007 (+8.3%) Shares 10,667 (-4.7%) Est. Cost $156.99 Unrealized +127.4%

LOW LOWES COMPANIES INCORPORATED 0.8%

Value ($000) $6,184 (+4.7%) Shares 23,141 (-3.5%) Est. Cost $194.73 Unrealized +23.2%

ABBV ABBVIE INCORPORATED 0.4%

Value ($000) $2,829 (-8.2%) Shares 12,853 (-2.4%) Est. Cost $137.64 Unrealized +65.3%

T AT&T INCORPORATED 0.2%

Value ($000) $1,410 (-14.9%) Shares 58,777 (-4.0%) Est. Cost $14.28 Unrealized +77.1%

MDLZ MONDELEZ INTERNATIONAL INCORPORATED CLASS A 0.1%

Value ($000) $771 (-24.0%) Shares 14,001 (-13.5%) Est. Cost $64.37 Unrealized -11.4%

RSG REPUBLIC SVCS INCORPORATED 0.2%

Value ($000) $1,233 (-15.0%) Shares 5,809 (-10.2%) Est. Cost $151.31 Unrealized +41.8%

IIIV I3 VERTICALS INCORPORATED COM CLASS A 0.1%

Value ($000) $677 (-23.7%) Shares 24,656 (-8.1%) Est. Cost $20.06 Unrealized +40.3%

CP CANADIAN PACIFIC KANSAS CITY 0.3%

Value ($000) $1,994 (-9.5%) Shares 27,864 (-1.8%) Est. Cost $72.13 Unrealized +2.0%

MA MASTERCARD INCORPORATED CLASS A 0.5%

Value ($000) $3,665 (-5.1%) Shares 6,368 (-4.3%) Est. Cost $397.11 Unrealized +40.8%

PSKY PARAMOUNT SKYDANCE CORPORATION COM CLASS B 0.0%

Value ($000) $268 (-42.1%) Shares 22,191 (-8.4%) Est. Cost $14.51 Unrealized +7.3%

APD AIR PRODUCTS & CHEMICALS INCORPORATED 0.0%

Value ($000) $201 (-49.2%) Shares 762 (-47.7%) Est. Cost $256.07 Unrealized -1.7%

WY WEYERHAEUSER COMPANY MTN BE COM NEW REIT 0.1%

Value ($000) $896 (-15.6%) Shares 34,809 (-17.6%) Est. Cost $29.13 Unrealized -21.1%

HWM HOWMET AEROSPACE INCORPORATED 0.3%

Value ($000) $2,038 (-7.4%) Shares 9,338 (-19.7%) Est. Cost $49.03 Unrealized +305.9%

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $5,211 (+3.2%) Shares 25,493 (-4.7%) Est. Cost $143.86 Unrealized +36.9%

KMB KIMBERLY-CLARK CORPORATION 0.0%

Value ($000) $384 (-28.4%) Shares 3,919 (-10.4%) Est. Cost $111.25 Unrealized -2.6%

CVS CVS HEALTH CORPORATION 0.1%

Value ($000) $608 (-19.5%) Shares 7,569 (-22.3%) Est. Cost $65.40 Unrealized +20.3%

DE DEERE & COMPANY 1.4%

Value ($000) $10,876 (+1.3%) Shares 22,282 (-3.9%) Est. Cost $365.14 Unrealized +28.1%

PFE PFIZER INCORPORATED 0.1%

Value ($000) $482 (-22.0%) Shares 18,898 (-16.2%) Est. Cost $26.40 Unrealized -5.2%

WEN WENDYS COMPANY 0.0%

Value ($000) $197 (-39.6%) Shares 22,800 (-33.3%) Est. Cost $19.25 Unrealized -55.2%

ICLR ICON PLC SHS 0.1%

Value ($000) $394 (-24.2%) Shares 2,173 (-18.9%) Est. Cost $258.75 Unrealized -31.2%

NSRGY NESTLE S A SPONSORED ADR 0.1%

Value ($000) $510 (-18.2%) Shares 5,420 (-19.2%) Est. Cost $115.46 Unrealized —

HAL HALLIBURTON COMPANY 0.1%

Value ($000) $433 (+29.5%) Shares 13,258 (-3.5%) Est. Cost $36.37 Unrealized -27.7%

PYPL PAYPAL HLDGS INCORPORATED 0.0%

Value ($000) $284 (-24.3%) Shares 4,921 (-9.1%) Est. Cost $57.15 Unrealized +13.5%

IQV IQVIA HLDGS INCORPORATED 0.7%

Value ($000) $5,076 (+1.8%) Shares 20,941 (-13.3%) Est. Cost $196.58 Unrealized +10.7%

GILD GILEAD SCIENCES INCORPORATED 0.2%

Value ($000) $1,557 (+5.8%) Shares 12,860 (-1.5%) Est. Cost $72.19 Unrealized +67.4%

OXY OCCIDENTAL PETE CORPORATION 0.1%

Value ($000) $575 (-11.9%) Shares 13,421 (-7.8%) Est. Cost $58.05 Unrealized -28.4%

SJM SMUCKER J M COMPANY COM NEW 0.1%

Value ($000) $633 (-10.1%) Shares 6,292 (-3.2%) Est. Cost $106.81 Unrealized -3.7%

GE GE AEROSPACE COM NEW 0.2%

Value ($000) $1,432 (+5.1%) Shares 4,452 (-2.9%) Est. Cost $91.79 Unrealized +227.7%

IRDM IRIDIUM COMMUNICATIONS INCORPORATED 0.1%

Value ($000) $470 (-11.9%) Shares 24,325 (-14.6%) Est. Cost $39.59 Unrealized -55.4%

SHEL SHELL PLC SPON ADS 0.2%

Value ($000) $1,246 (-4.8%) Shares 17,594 (-1.6%) Est. Cost $65.80 Unrealized —

ABT ABBOTT LABS 0.1%

Value ($000) $439 (-11.6%) Shares 3,486 (-5.5%) Est. Cost $98.28 Unrealized +29.5%

COR CENCORA INCORPORATED 0.1%

Value ($000) $1,042 (+5.8%) Shares 3,104 (-4.6%) Est. Cost $191.75 Unrealized +77.6%

LILAK LIBERTY LATIN AMERICA LIMITED COM CLASS C 0.0%

Value ($000) $216 (-20.5%) Shares 30,100 (-6.2%) Est. Cost $6.31 Unrealized +30.3%

IVV ISHARES TR CORE S&P500 ETF 0.1%

Value ($000) $1,013 (-4.7%) Shares 1,453 (-8.1%) Est. Cost $576.18 Unrealized —

WWD WOODWARD INCORPORATED 0.1%

Value ($000) $387 (+14.6%) Shares 1,201 (-8.3%) Est. Cost $139.25 Unrealized +97.3%

NSC NORFOLK SOUTHN CORPORATION 0.0%

Value ($000) $285 (-13.5%) Shares 994 (-9.6%) Est. Cost $203.16 Unrealized +42.1%

IBM INTERNATIONAL BUSINESS MACHINES 0.2%

Value ($000) $1,334 (+3.4%) Shares 4,384 (-2.0%) Est. Cost $161.55 Unrealized +85.0%

KDP KEURIG DR PEPPER INCORPORATED 0.1%

Value ($000) $416 (-9.3%) Shares 14,970 (-15.7%) Est. Cost $29.22 Unrealized -6.8%

SEIC SEI INVTS COMPANY 0.0%

Value ($000) $291 (-12.4%) Shares 3,356 (-13.6%) Est. Cost $56.53 Unrealized +44.6%

TJX TJX COMPANIES INCORPORATED NEW 0.1%

Value ($000) $562 (+7.8%) Shares 3,561 (-3.4%) Est. Cost $90.18 Unrealized +63.8%

MSGE MADISON SQUARE GARDEN ENTERTAINMENT COM CLASS A 0.0%

Value ($000) $242 (+16.7%) Shares 4,400 (-3.3%) Est. Cost $40.52 Unrealized +18.7%

BWA BORGWARNER INCORPORATED 0.0%

Value ($000) $291 (-9.0%) Shares 6,112 (-14.6%) Est. Cost $34.62 Unrealized +26.2%

RJF RAYMOND JAMES FINL INCORPORATED 0.5%

Value ($000) $4,053 (-0.7%) Shares 24,165 (-1.2%) Est. Cost $99.79 Unrealized +61.3%

CRDO CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES 0.1%

Value ($000) $978 (+3.0%) Shares 6,503 (-1.5%) Est. Cost $76.58 Unrealized +100.8%

HBCP HOME BANCORP INCORPORATED 0.2%

Value ($000) $1,174 (+2.3%) Shares 19,826 (-5.8%) Est. Cost $36.10 Unrealized +53.1%

GLW CORNING INCORPORATED 0.7%

Value ($000) $5,751 (-0.4%) Shares 67,476 (-2.4%) Est. Cost $27.22 Unrealized +215.9%

TGT TARGET CORPORATION 0.1%

Value ($000) $423 (-5.6%) Shares 4,007 (-20.4%) Est. Cost $113.03 Unrealized -18.9%

KO COCA COLA COMPANY 0.1%

Value ($000) $912 (+2.7%) Shares 12,933 (-2.9%) Est. Cost $53.68 Unrealized +29.3%

TROW PRICE T ROWE GROUP INCORPORATED 0.2%

Value ($000) $1,359 (-1.7%) Shares 12,663 (-5.4%) Est. Cost $94.06 Unrealized +8.6%

VOO VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW 0.2%

Value ($000) $1,374 (+1.7%) Shares 2,152 (-2.0%) Est. Cost $501.51 Unrealized —

BA BOEING COMPANY 0.1%

Value ($000) $457 (+5.0%) Shares 1,950 (-3.1%) Est. Cost $213.87 Unrealized -3.8%

CNI CANADIAN NATL RY COMPANY 0.0%

Value ($000) $221 (-7.1%) Shares 2,229 (-9.5%) Est. Cost $108.36 Unrealized -11.3%

CVX CHEVRON CORPORATION NEW 0.5%

Value ($000) $3,529 (+0.5%) Shares 21,768 (-4.9%) Est. Cost $138.19 Unrealized +9.6%

MCD MCDONALDS CORPORATION 0.1%

Value ($000) $582 (-2.7%) Shares 1,895 (-4.7%) Est. Cost $262.97 Unrealized +16.0%

HON HONEYWELL INTERNATIONAL INCORPORATED 0.0%

Value ($000) $323 (-2.9%) Shares 1,556 (-2.1%) Est. Cost $172.76 Unrealized +12.9%

YUM YUM BRANDS INCORPORATED 0.0%

Value ($000) $216 (-3.8%) Shares 1,389 (-6.8%) Est. Cost $119.71 Unrealized +23.4%

GEV GE VERNOVA INCORPORATED 0.1%

Value ($000) $616 (-1.0%) Shares 989 (-5.4%) Est. Cost $191.56 Unrealized +217.9%

DVN DEVON ENERGY CORPORATION NEW 0.1%

Value ($000) $678 (-0.2%) Shares 18,954 (-3.6%) Est. Cost $42.44 Unrealized -18.2%

TRN TRINITY INDUSTRIES INCORPORATED 0.0%

Value ($000) $359 (-0.2%) Shares 12,691 (-1.0%) Est. Cost $21.92 Unrealized +22.5%

APA APA CORPORATION 0.0%

Value ($000) $274 (+0.1%) Shares 10,870 (-2.5%) Est. Cost $32.90 Unrealized -26.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ETN	EATON CORPORATION PLC SHS	59,561 (-18.9%)	$19,325 (-29.5%)	2.5%	$219.86	+61.2%	Equities	G29183103
MSI	MOTOROLA SOLUTIONS INCORPORATED COM NEW	15,865 (-39.4%)	$6,078 (-48.8%)	0.8%	$323.32	+24.0%	Equities	620076307
MSFT	MICROSOFT CORPORATION	83,479 (-5.4%)	$40,009 (-12.4%)	5.2%	$351.45	+42.4%	Equities	594918104
AVGO	BROADCOM INCORPORATED	69,108 (-18.2%)	$23,830 (-16.7%)	3.1%	$153.69	+132.3%	Equities	11135F101
UNP	UNION PAC CORPORATION	37,453 (-29.6%)	$8,556 (-32.0%)	1.1%	$211.27	+7.6%	Equities	907818108
VZ	VERIZON COMMUNICATIONS INCORPORATED	101,202 (-44.4%)	$4,095 (-48.5%)	0.5%	$32.35	+25.1%	Equities	92343V104
CME	CME GROUP INCORPORATED	24,666 (-36.6%)	$6,476 (-37.1%)	0.8%	$218.82	+23.7%	Equities	12572Q105
UNH	UNITEDHEALTH GROUP INCORPORATED	8,092 (-55.6%)	$2,784 (-57.6%)	0.4%	$444.49	-24.1%	Equities	91324P102
AAPL	APPLE INCORPORATED	195,969 (-7.3%)	$50,828 (-6.9%)	6.6%	$182.81	+46.8%	Equities	037833100
PEP	PEPSICO INCORPORATED	53,680 (-31.4%)	$7,510 (-32.4%)	1.0%	$140.65	+3.7%	Equities	713448108
TT	TRANE TECHNOLOGIES PLC SHS	20,430 (-21.6%)	$7,798 (-29.4%)	1.0%	$215.90	+91.6%	Equities	G8994E103
PEG	PUBLIC SVC ENTERPRISE GRP INCORPORATED	36,567 (-48.5%)	$2,876 (-50.6%)	0.4%	$79.25	+2.3%	Equities	744573106
FIS	FIDELITY NATL INFORMATION SVCS	28,760 (-57.7%)	$1,923 (-57.6%)	0.2%	$76.09	-13.7%	Equities	31620M106
DRI	DARDEN RESTAURANTS INCORPORATED	21,423 (-39.8%)	$4,335 (-36.9%)	0.6%	$149.83	+21.5%	Equities	237194105
LLY	ELI LILLY & COMPANY	12,048 (-2.1%)	$12,814 (+24.0%)	1.7%	$575.10	+66.2%	Equities	532457108
UPS	UNITED PARCEL SERVICE INCORPORATED CLASS B	46,217 (-43.9%)	$4,993 (-30.1%)	0.6%	$109.34	-15.2%	Equities	911312106
CMI	CUMMINS INCORPORATED	15,099 (-1.3%)	$8,336 (+25.9%)	1.1%	$216.82	+115.1%	Equities	231021106
NXPI	NXP SEMICONDUCTORS N V	4,932 (-61.1%)	$1,189 (-59.0%)	0.2%	$201.02	+6.3%	Equities	N6596X109
GRMN	GARMIN LIMITED SHS	28,121 (-5.6%)	$5,969 (-22.1%)	0.8%	$111.64	+94.1%	Equities	H2906T109
POOL	POOL CORPORATION	10,359 (-24.7%)	$2,613 (-38.6%)	0.3%	$337.84	-23.2%	Equities	73278L105
O	REALTY INCOME CORPORATION REIT	145,978 (-12.0%)	$8,492 (-15.2%)	1.1%	$54.92	+4.4%	Equities	756109104
MRK	MERCK & COMPANY INCORPORATED	117,623 (-9.0%)	$13,002 (+12.7%)	1.7%	$94.36	-1.2%	Equities	58933Y105
ALL	ALLSTATE CORPORATION	8,020 (-44.4%)	$1,702 (-44.1%)	0.2%	$126.84	+60.9%	Equities	020002101
HD	HOME DEPOT INCORPORATED	16,380 (-12.4%)	$6,134 (-17.0%)	0.8%	$306.87	+18.8%	Equities	437076102
DIS	DISNEY WALT COMPANY	31,532 (-27.7%)	$3,654 (-25.5%)	0.5%	$93.03	+17.7%	Equities	254687106
WMT	WALMART INCORPORATED	300,619 (-7.6%)	$34,426 (+3.7%)	4.5%	$54.62	+96.3%	Equities	931142103
SO	SOUTHERN COMPANY	78,000 (-7.3%)	$6,787 (-14.7%)	0.9%	$81.00	+12.2%	Equities	842587107
JCI	JOHNSON CONTROLS INTERNATIONAL PLC SHS	82,499 (-13.0%)	$9,145 (-11.3%)	1.2%	$57.37	+100.1%	Equities	G51502105
NVDA	NVIDIA CORPORATION	107,982 (-4.1%)	$19,962 (-5.5%)	2.6%	$96.64	+92.6%	Equities	67066G104
EW	EDWARDS LIFESCIENCES CORPORATION	8,740 (-60.7%)	$744 (-56.6%)	0.1%	$70.98	+15.6%	Equities	28176E108
VEEV	VEEVA SYSTEMS INCORPORATED CLASS A COM	6,088 (-23.6%)	$1,462 (-38.1%)	0.2%	$230.51	+15.1%	Equities	922475108
GOOGL	ALPHABET INCORPORATED CAP STK CLASS A	10,257 (-4.3%)	$3,370 (+28.1%)	0.4%	$136.70	+108.9%	Equities	02079K305
JPM	JPMORGAN CHASE & COMPANY.	97,138 (-4.0%)	$31,977 (+2.0%)	4.1%	$147.08	+110.4%	Equities	46625H100
LHX	L3HARRIS TECHNOLOGIES INCORPORATED	5,569 (-33.2%)	$1,870 (-24.6%)	0.2%	$186.43	+54.7%	Equities	502431109
AMD	ADVANCED MICRO DEVICES INCORPORATED	16,172 (-30.9%)	$3,286 (-14.8%)	0.4%	$119.75	+87.5%	Equities	007903107
BLK	BLACKROCK INCORPORATED	3,420 (-5.6%)	$3,711 (-11.7%)	0.5%	$991.05	+9.9%	Equities	09290D101
MKC	MCCORMICK & COMPANY INCORPORATED COM NON VTG	48,506 (-11.2%)	$3,285 (-12.7%)	0.4%	$61.94	+6.4%	Equities	579780206
SYK	STRYKER CORPORATION	9,896 (-10.7%)	$3,637 (-11.5%)	0.5%	$274.84	+32.2%	Equities	863667101
WBD	WARNER BROS DISCOVERY INCORPORATED COM SER A	48,920 (-1.6%)	$1,413 (+49.7%)	0.2%	$10.79	+116.5%	Equities	934423104
CRM	SALESFORCE INCORPORATED	12,437 (-19.1%)	$3,233 (-12.5%)	0.4%	$225.08	+10.3%	Equities	79466L302
PG	PROCTER AND GAMBLE COMPANY	23,214 (-5.9%)	$3,293 (-12.3%)	0.4%	$140.61	+4.7%	Equities	742718109
FANG	DIAMONDBACK ENERGY INCORPORATED	11,128 (-21.3%)	$1,640 (-21.3%)	0.2%	$152.73	-3.7%	Equities	25278X109
SBUX	STARBUCKS CORPORATION	70,457 (-8.9%)	$6,262 (-6.3%)	0.8%	$92.19	-8.8%	Equities	855244109
ENB	ENBRIDGE INCORPORATED	55,501 (-5.8%)	$2,533 (-14.2%)	0.3%	$29.41	+60.2%	Equities	29250N105
ECL	ECOLAB INCORPORATED	4,841 (-22.2%)	$1,315 (-23.6%)	0.2%	$252.21	+5.4%	Equities	278865100
AXP	AMERICAN EXPRESS COMPANY	10,667 (-4.7%)	$4,007 (+8.3%)	0.5%	$156.99	+127.4%	Equities	025816109
LOW	LOWES COMPANIES INCORPORATED	23,141 (-3.5%)	$6,184 (+4.7%)	0.8%	$194.73	+23.2%	Equities	548661107
ABBV	ABBVIE INCORPORATED	12,853 (-2.4%)	$2,829 (-8.2%)	0.4%	$137.64	+65.3%	Equities	00287Y109
T	AT&T INCORPORATED	58,777 (-4.0%)	$1,410 (-14.9%)	0.2%	$14.28	+77.1%	Equities	00206R102
MDLZ	MONDELEZ INTERNATIONAL INCORPORATED CLASS A	14,001 (-13.5%)	$771 (-24.0%)	0.1%	$64.37	-11.4%	Equities	609207105
RSG	REPUBLIC SVCS INCORPORATED	5,809 (-10.2%)	$1,233 (-15.0%)	0.2%	$151.31	+41.8%	Equities	760759100
IIIV	I3 VERTICALS INCORPORATED COM CLASS A	24,656 (-8.1%)	$677 (-23.7%)	0.1%	$20.06	+40.3%	Equities	46571Y107
CP	CANADIAN PACIFIC KANSAS CITY	27,864 (-1.8%)	$1,994 (-9.5%)	0.3%	$72.13	+2.0%	Equities	13646K108
MA	MASTERCARD INCORPORATED CLASS A	6,368 (-4.3%)	$3,665 (-5.1%)	0.5%	$397.11	+40.8%	Equities	57636Q104
PSKY	PARAMOUNT SKYDANCE CORPORATION COM CLASS B	22,191 (-8.4%)	$268 (-42.1%)	0.0%	$14.51	+7.3%	Equities	69932A204
APD	AIR PRODUCTS & CHEMICALS INCORPORATED	762 (-47.7%)	$201 (-49.2%)	0.0%	$256.07	-1.7%	Equities	009158106
WY	WEYERHAEUSER COMPANY MTN BE COM NEW REIT	34,809 (-17.6%)	$896 (-15.6%)	0.1%	$29.13	-21.1%	Equities	962166104
HWM	HOWMET AEROSPACE INCORPORATED	9,338 (-19.7%)	$2,038 (-7.4%)	0.3%	$49.03	+305.9%	Equities	443201108
JNJ	JOHNSON & JOHNSON	25,493 (-4.7%)	$5,211 (+3.2%)	0.7%	$143.86	+36.9%	Equities	478160104
KMB	KIMBERLY-CLARK CORPORATION	3,919 (-10.4%)	$384 (-28.4%)	0.0%	$111.25	-2.6%	Equities	494368103
CVS	CVS HEALTH CORPORATION	7,569 (-22.3%)	$608 (-19.5%)	0.1%	$65.40	+20.3%	Equities	126650100
DE	DEERE & COMPANY	22,282 (-3.9%)	$10,876 (+1.3%)	1.4%	$365.14	+28.1%	Equities	244199105
PFE	PFIZER INCORPORATED	18,898 (-16.2%)	$482 (-22.0%)	0.1%	$26.40	-5.2%	Equities	717081103
WEN	WENDYS COMPANY	22,800 (-33.3%)	$197 (-39.6%)	0.0%	$19.25	-55.2%	Equities	95058W100
ICLR	ICON PLC SHS	2,173 (-18.9%)	$394 (-24.2%)	0.1%	$258.75	-31.2%	Equities	G4705A100
NSRGY	NESTLE S A SPONSORED ADR	5,420 (-19.2%)	$510 (-18.2%)	0.1%	$115.46	—	Equities	641069406
HAL	HALLIBURTON COMPANY	13,258 (-3.5%)	$433 (+29.5%)	0.1%	$36.37	-27.7%	Equities	406216101
PYPL	PAYPAL HLDGS INCORPORATED	4,921 (-9.1%)	$284 (-24.3%)	0.0%	$57.15	+13.5%	Equities	70450Y103
IQV	IQVIA HLDGS INCORPORATED	20,941 (-13.3%)	$5,076 (+1.8%)	0.7%	$196.58	+10.7%	Equities	46266C105
GILD	GILEAD SCIENCES INCORPORATED	12,860 (-1.5%)	$1,557 (+5.8%)	0.2%	$72.19	+67.4%	Equities	375558103
OXY	OCCIDENTAL PETE CORPORATION	13,421 (-7.8%)	$575 (-11.9%)	0.1%	$58.05	-28.4%	Equities	674599105
SJM	SMUCKER J M COMPANY COM NEW	6,292 (-3.2%)	$633 (-10.1%)	0.1%	$106.81	-3.7%	Equities	832696405
GE	GE AEROSPACE COM NEW	4,452 (-2.9%)	$1,432 (+5.1%)	0.2%	$91.79	+227.7%	Equities	369604301
IRDM	IRIDIUM COMMUNICATIONS INCORPORATED	24,325 (-14.6%)	$470 (-11.9%)	0.1%	$39.59	-55.4%	Equities	46269C102
SHEL	SHELL PLC SPON ADS	17,594 (-1.6%)	$1,246 (-4.8%)	0.2%	$65.80	—	Equities	780259305
ABT	ABBOTT LABS	3,486 (-5.5%)	$439 (-11.6%)	0.1%	$98.28	+29.5%	Equities	002824100
COR	CENCORA INCORPORATED	3,104 (-4.6%)	$1,042 (+5.8%)	0.1%	$191.75	+77.6%	Equities	03073E105
LILAK	LIBERTY LATIN AMERICA LIMITED COM CLASS C	30,100 (-6.2%)	$216 (-20.5%)	0.0%	$6.31	+30.3%	Equities	G9001E128
IVV	ISHARES TR CORE S&P500 ETF	1,453 (-8.1%)	$1,013 (-4.7%)	0.1%	$576.18	—	Equities	464287200
WWD	WOODWARD INCORPORATED	1,201 (-8.3%)	$387 (+14.6%)	0.1%	$139.25	+97.3%	Equities	980745103
NSC	NORFOLK SOUTHN CORPORATION	994 (-9.6%)	$285 (-13.5%)	0.0%	$203.16	+42.1%	Equities	655844108
IBM	INTERNATIONAL BUSINESS MACHINES	4,384 (-2.0%)	$1,334 (+3.4%)	0.2%	$161.55	+85.0%	Equities	459200101
KDP	KEURIG DR PEPPER INCORPORATED	14,970 (-15.7%)	$416 (-9.3%)	0.1%	$29.22	-6.8%	Equities	49271V100
SEIC	SEI INVTS COMPANY	3,356 (-13.6%)	$291 (-12.4%)	0.0%	$56.53	+44.6%	Equities	784117103
TJX	TJX COMPANIES INCORPORATED NEW	3,561 (-3.4%)	$562 (+7.8%)	0.1%	$90.18	+63.8%	Equities	872540109
MSGE	MADISON SQUARE GARDEN ENTERTAINMENT COM CLASS A	4,400 (-3.3%)	$242 (+16.7%)	0.0%	$40.52	+18.7%	Equities	558256103
BWA	BORGWARNER INCORPORATED	6,112 (-14.6%)	$291 (-9.0%)	0.0%	$34.62	+26.2%	Equities	099724106
RJF	RAYMOND JAMES FINL INCORPORATED	24,165 (-1.2%)	$4,053 (-0.7%)	0.5%	$99.79	+61.3%	Equities	754730109
CRDO	CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES	6,503 (-1.5%)	$978 (+3.0%)	0.1%	$76.58	+100.8%	Equities	G25457105
HBCP	HOME BANCORP INCORPORATED	19,826 (-5.8%)	$1,174 (+2.3%)	0.2%	$36.10	+53.1%	Equities	43689E107
GLW	CORNING INCORPORATED	67,476 (-2.4%)	$5,751 (-0.4%)	0.7%	$27.22	+215.9%	Equities	219350105
TGT	TARGET CORPORATION	4,007 (-20.4%)	$423 (-5.6%)	0.1%	$113.03	-18.9%	Equities	87612E106
KO	COCA COLA COMPANY	12,933 (-2.9%)	$912 (+2.7%)	0.1%	$53.68	+29.3%	Equities	191216100
TROW	PRICE T ROWE GROUP INCORPORATED	12,663 (-5.4%)	$1,359 (-1.7%)	0.2%	$94.06	+8.6%	Equities	74144T108
VOO	VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	2,152 (-2.0%)	$1,374 (+1.7%)	0.2%	$501.51	—	Equities	922908363
BA	BOEING COMPANY	1,950 (-3.1%)	$457 (+5.0%)	0.1%	$213.87	-3.8%	Equities	097023105
CNI	CANADIAN NATL RY COMPANY	2,229 (-9.5%)	$221 (-7.1%)	0.0%	$108.36	-11.3%	Equities	136375102
CVX	CHEVRON CORPORATION NEW	21,768 (-4.9%)	$3,529 (+0.5%)	0.5%	$138.19	+9.6%	Equities	166764100
MCD	MCDONALDS CORPORATION	1,895 (-4.7%)	$582 (-2.7%)	0.1%	$262.97	+16.0%	Equities	580135101
HON	HONEYWELL INTERNATIONAL INCORPORATED	1,556 (-2.1%)	$323 (-2.9%)	0.0%	$172.76	+12.9%	Equities	438516106
YUM	YUM BRANDS INCORPORATED	1,389 (-6.8%)	$216 (-3.8%)	0.0%	$119.71	+23.4%	Equities	988498101
GEV	GE VERNOVA INCORPORATED	989 (-5.4%)	$616 (-1.0%)	0.1%	$191.56	+217.9%	Equities	36828A101
DVN	DEVON ENERGY CORPORATION NEW	18,954 (-3.6%)	$678 (-0.2%)	0.1%	$42.44	-18.2%	Equities	25179M103
TRN	TRINITY INDUSTRIES INCORPORATED	12,691 (-1.0%)	$359 (-0.2%)	0.0%	$21.92	+22.5%	Equities	896522109
APA	APA CORPORATION	10,870 (-2.5%)	$274 (+0.1%)	0.0%	$32.90	-26.7%	Equities	03743Q108

Unchanged Positions (38)

XOM EXXON MOBIL CORPORATION 1.8%

Value ($000) $13,625 Shares 109,357 Est. Cost $103.40 Unrealized +11.7%

CAT CATERPILLAR INCORPORATED 0.7%

Value ($000) $5,319 Shares 8,612 Est. Cost $253.40 Unrealized +119.2%

NFG NATIONAL FUEL GAS COMPANY 0.3%

Value ($000) $2,058 Shares 26,266 Est. Cost $51.60 Unrealized +59.7%

AMGN AMGEN INCORPORATED 0.3%

Value ($000) $2,515 Shares 7,713 Est. Cost $255.10 Unrealized +23.9%

PGR PROGRESSIVE CORPORATION 0.2%

Value ($000) $1,606 Shares 7,463 Est. Cost $143.35 Unrealized +48.1%

RTX RTX CORPORATION 0.2%

Value ($000) $1,757 Shares 9,320 Est. Cost $75.63 Unrealized +129.2%

MPC MARATHON PETE CORPORATION 0.2%

Value ($000) $1,742 Shares 9,890 Est. Cost $146.31 Unrealized +27.4%

ORLY OREILLY AUTOMOTIVE INCORPORATED 0.2%

Value ($000) $1,451 Shares 15,465 Est. Cost $89.25 Unrealized +9.5%

SU SUNCOR ENERGY INCORPORATED NEW 0.2%

Value ($000) $1,463 Shares 31,343 Est. Cost $30.35 Unrealized +39.3%

QCOM QUALCOMM INCORPORATED 0.2%

Value ($000) $1,904 Shares 10,709 Est. Cost $120.17 Unrealized +42.1%

FGBI FIRST GTY BANCSHARES INCORPORATED 0.1%

Value ($000) $563 Shares 74,074 Est. Cost $9.81 Unrealized -36.1%

JOE ST JOE COMPANY 0.0%

Value ($000) $321 Shares 5,036 Est. Cost $52.62 Unrealized +6.4%

KMI KINDER MORGAN INCORPORATED DEL 0.2%

Value ($000) $1,419 Shares 52,339 Est. Cost $15.45 Unrealized +74.2%

CNH CNH INDL N V SHS 0.1%

Value ($000) $765 Shares 75,099 Est. Cost $10.72 Unrealized -6.8%

BX BLACKSTONE INCORPORATED 0.1%

Value ($000) $833 Shares 5,284 Est. Cost $102.08 Unrealized +48.4%

TSLA TESLA INCORPORATED 0.2%

Value ($000) $1,531 Shares 3,440 Est. Cost $238.83 Unrealized +85.6%

EPD ENTERPRISE PRODUCTS PARTNERS L P 1.1%

Value ($000) $8,243 Shares 257,276 Est. Cost $26.43 Unrealized —

FHN FIRST HORIZON CORPORATION 0.1%

Value ($000) $476 Shares 19,438 Est. Cost $11.28 Unrealized +96.6%

GBX GREENBRIER COMPANIES INCORPORATED 0.1%

Value ($000) $927 Shares 19,360 Est. Cost $37.24 Unrealized +19.2%

LMT LOCKHEED MARTIN CORPORATION 0.1%

Value ($000) $465 Shares 856 Est. Cost $424.70 Unrealized +12.1%

TSCO TRACTOR SUPPLY COMPANY 0.0%

Value ($000) $346 Shares 6,722 Est. Cost $50.58 Unrealized +6.2%

XYL XYLEM INCORPORATED 0.0%

Value ($000) $346 Shares 2,477 Est. Cost $97.38 Unrealized +47.4%

CSX CSX CORPORATION 0.1%

Value ($000) $1,121 Shares 31,841 Est. Cost $31.09 Unrealized +14.8%

ITOT ISHARES TR CORE S&P TTL STK 0.1%

Value ($000) $579 Shares 3,816 Est. Cost $108.28 Unrealized —

SMG SCOTTS MIRACLE-GRO COMPANY CLASS A 0.1%

Value ($000) $402 Shares 6,512 Est. Cost $49.13 Unrealized +12.3%

PSX PHILLIPS 66 0.0%

Value ($000) $232 Shares 1,635 Est. Cost $126.39 Unrealized +6.0%

EMR EMERSON ELEC COMPANY 0.0%

Value ($000) $233 Shares 1,618 Est. Cost $105.08 Unrealized +26.0%

BATRA ATLANTA BRAVES HLDGS INCORPORATED COM SER A 0.0%

Value ($000) $228 Shares 5,300 Est. Cost $40.04 Unrealized +7.3%

WDFC WD 40 COMPANY 0.0%

Value ($000) $354 Shares 1,864 Est. Cost $215.12 Unrealized -8.9%

BKR BAKER HUGHES COMPANY CLASS A 0.0%

Value ($000) $213 Shares 4,254 Est. Cost $43.83 Unrealized +8.0%

ITW ILLINOIS TOOL WKS INCORPORATED 0.0%

Value ($000) $381 Shares 1,493 Est. Cost $227.33 Unrealized +8.9%

SHW SHERWIN WILLIAMS COMPANY 0.0%

Value ($000) $282 Shares 799 Est. Cost $264.03 Unrealized +26.5%

ATO ATMOS ENERGY CORPORATION 0.0%

Value ($000) $248 Shares 1,487 Est. Cost $138.63 Unrealized +24.3%

EBAY EBAY INCORPORATED. 0.0%

Value ($000) $358 Shares 3,938 Est. Cost $40.11 Unrealized +115.3%

THO THOR INDUSTRIES INCORPORATED 0.0%

Value ($000) $288 Shares 2,620 Est. Cost $95.35 Unrealized +8.3%

COST COSTCO WHOLESALE CORPORATION NEW 0.0%

Value ($000) $243 Shares 263 Est. Cost $777.21 Unrealized +16.5%

CNRD CONRAD INDUSTRIES INCORPORATED 0.1%

Value ($000) $571 Shares 21,171 Est. Cost $8.39 Unrealized +213.8%

WSM WILLIAMS SONOMA INCORPORATED 0.0%

Value ($000) $249 Shares 1,250 Est. Cost $155.70 Unrealized +20.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORPORATION	109,357	$13,625	1.8%	$103.40	+11.7%	Equities	30231G102
CAT	CATERPILLAR INCORPORATED	8,612	$5,319	0.7%	$253.40	+119.2%	Equities	149123101
NFG	NATIONAL FUEL GAS COMPANY	26,266	$2,058	0.3%	$51.60	+59.7%	Equities	636180101
AMGN	AMGEN INCORPORATED	7,713	$2,515	0.3%	$255.10	+23.9%	Equities	031162100
PGR	PROGRESSIVE CORPORATION	7,463	$1,606	0.2%	$143.35	+48.1%	Equities	743315103
RTX	RTX CORPORATION	9,320	$1,757	0.2%	$75.63	+129.2%	Equities	75513E101
MPC	MARATHON PETE CORPORATION	9,890	$1,742	0.2%	$146.31	+27.4%	Equities	56585A102
ORLY	OREILLY AUTOMOTIVE INCORPORATED	15,465	$1,451	0.2%	$89.25	+9.5%	Equities	67103H107
SU	SUNCOR ENERGY INCORPORATED NEW	31,343	$1,463	0.2%	$30.35	+39.3%	Equities	867224107
QCOM	QUALCOMM INCORPORATED	10,709	$1,904	0.2%	$120.17	+42.1%	Equities	747525103
FGBI	FIRST GTY BANCSHARES INCORPORATED	74,074	$563	0.1%	$9.81	-36.1%	Equities	32043P106
JOE	ST JOE COMPANY	5,036	$321	0.0%	$52.62	+6.4%	Equities	790148100
KMI	KINDER MORGAN INCORPORATED DEL	52,339	$1,419	0.2%	$15.45	+74.2%	Equities	49456B101
CNH	CNH INDL N V SHS	75,099	$765	0.1%	$10.72	-6.8%	Equities	N20944109
BX	BLACKSTONE INCORPORATED	5,284	$833	0.1%	$102.08	+48.4%	Equities	09260D107
TSLA	TESLA INCORPORATED	3,440	$1,531	0.2%	$238.83	+85.6%	Equities	88160R101
EPD	ENTERPRISE PRODUCTS PARTNERS L P	257,276	$8,243	1.1%	$26.43	—	Equities	293792107
FHN	FIRST HORIZON CORPORATION	19,438	$476	0.1%	$11.28	+96.6%	Equities	320517105
GBX	GREENBRIER COMPANIES INCORPORATED	19,360	$927	0.1%	$37.24	+19.2%	Equities	393657101
LMT	LOCKHEED MARTIN CORPORATION	856	$465	0.1%	$424.70	+12.1%	Equities	539830109
TSCO	TRACTOR SUPPLY COMPANY	6,722	$346	0.0%	$50.58	+6.2%	Equities	892356106
XYL	XYLEM INCORPORATED	2,477	$346	0.0%	$97.38	+47.4%	Equities	98419M100
CSX	CSX CORPORATION	31,841	$1,121	0.1%	$31.09	+14.8%	Equities	126408103
ITOT	ISHARES TR CORE S&P TTL STK	3,816	$579	0.1%	$108.28	—	Equities	464287150
SMG	SCOTTS MIRACLE-GRO COMPANY CLASS A	6,512	$402	0.1%	$49.13	+12.3%	Equities	810186106
PSX	PHILLIPS 66	1,635	$232	0.0%	$126.39	+6.0%	Equities	718546104
EMR	EMERSON ELEC COMPANY	1,618	$233	0.0%	$105.08	+26.0%	Equities	291011104
BATRA	ATLANTA BRAVES HLDGS INCORPORATED COM SER A	5,300	$228	0.0%	$40.04	+7.3%	Equities	047726104
WDFC	WD 40 COMPANY	1,864	$354	0.0%	$215.12	-8.9%	Equities	929236107
BKR	BAKER HUGHES COMPANY CLASS A	4,254	$213	0.0%	$43.83	+8.0%	Equities	05722G100
ITW	ILLINOIS TOOL WKS INCORPORATED	1,493	$381	0.0%	$227.33	+8.9%	Equities	452308109
SHW	SHERWIN WILLIAMS COMPANY	799	$282	0.0%	$264.03	+26.5%	Equities	824348106
ATO	ATMOS ENERGY CORPORATION	1,487	$248	0.0%	$138.63	+24.3%	Equities	049560105
EBAY	EBAY INCORPORATED.	3,938	$358	0.0%	$40.11	+115.3%	Equities	278642103
THO	THOR INDUSTRIES INCORPORATED	2,620	$288	0.0%	$95.35	+8.3%	Equities	885160101
COST	COSTCO WHOLESALE CORPORATION NEW	263	$243	0.0%	$777.21	+16.5%	Equities	22160K105
CNRD	CONRAD INDUSTRIES INCORPORATED	21,171	$571	0.1%	$8.39	+213.8%	Equities	208305102
WSM	WILLIAMS SONOMA INCORPORATED	1,250	$249	0.0%	$155.70	+20.3%	Equities	969904101