PROFESSIONAL ADVISORY SERVICES INC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	94,277 (+29.6%)	$26 (+38.3%)	3.3%	$145.14	+84.9%	COM	037833100
ACN	ACCENTURE PLC	71,977 (+38.6%)	$19 (+50.8%)	2.5%	$189.34	+34.2%	COM	G1151C101
BRK/B	BERKSHIRE HATHAWAY INC-B	57,852 (+26.9%)	$29 (+26.9%)	3.8%	$238.08	+109.0%	COM	084670702
SPGI	S&P GLOBAL, INC.	35,717 (+37.2%)	$19 (+47.3%)	2.4%	$295.73	+67.1%	COM	78409V104
ADBE	ADOBE SYS INC COM	48,356 (+21.9%)	$17 (+20.9%)	2.2%	$355.40	-4.3%	COM	00724F101
T	AT&T	533,750 (+36.1%)	$13 (+19.7%)	1.7%	$18.06	+40.0%	COM	00206R102
J	JACOBS SOLUTIONS INC	177,486 (+3.6%)	$24 (-8.4%)	3.0%	$143.29	+2.2%	COM	46982L108
SYY	SYSCO CORP	281,569 (+1.9%)	$21 (-8.8%)	2.7%	$65.54	+15.2%	COM	871829107
MSFT	MICROSOFT	79,727 (+2.0%)	$39 (-4.7%)	5.0%	$183.68	+172.5%	COM	594918104
BKNG	BOOKING HOLDINGS	4,276 (+9.6%)	$23 (+8.7%)	3.0%	$2596.18	+97.9%	COM	09857L108
PEP	PEPSICO	194,216 (+4.5%)	$28 (+6.7%)	3.6%	$101.56	+43.7%	COM	713448108
AJG	ARTHUR J. GALLAGHER	78,448 (+12.2%)	$20 (-6.2%)	2.6%	$102.25	+158.4%	COM	363576109
V	VISA INC	63,114 (+1.3%)	$22 (+4.1%)	2.9%	$281.76	+20.8%	COM	92826C839
FBIN	FORTUNE BRANDS INNOVATION	343,539 (+2.1%)	$17 (-4.3%)	2.2%	$56.71	-12.2%	COM	34964C106
CARR	CARRIER GLOBAL CORP	316,281 (+10.7%)	$17 (-2.0%)	2.2%	$32.56	+70.5%	COM	14448C104
VCSH	VANGUARD SH TERM BD ETF	89,693 (+1.6%)	$7 (+1.3%)	0.9%	$0.08	—	COM	92206C409
RSP	INVESCO S&P 500 EW ETF	7,169 (+3.0%)	$1 (+4.0%)	0.2%	$0.18	—	COM	46137V357
NVDA	NVIDIA CORP	8,460 (+2.3%)	$2 (+2.3%)	0.2%	$96.69	+92.5%	COM	67066G104
SYK	STRYKER	59,663 (+5.1%)	$21 (-0.0%)	2.7%	$130.19	+179.2%	COM	863667101

Exited Positions (3)

FISV FISERV INC 2.6%

Value ($000) $20 Shares 152,741 Est. Cost $127.31 Unrealized -34.1%

ICSH BLACKROCK ULTRASHORT BOND 0.0%

Value ($000) $0 Shares 6,865 Est. Cost $0.05 Unrealized —

AZO AUTOZONE 0.0%

Value ($000) $0 Shares 50 Est. Cost $1861.88 Unrealized +102.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	152,741	$20	2.6%	$127.31	-34.1%	—	337738108
ICSH	BLACKROCK ULTRASHORT BOND	6,865	$0	0.0%	$0.05	—	—	46434V878
AZO	AUTOZONE	50	$0	0.0%	$1861.88	+102.9%	—	053332102

Decreased Positions (24)

ORCL ORACLE CORPORATION 0.1%

Value ($000) $1 (-92.9%) Shares 5,804 (-89.7%) Est. Cost $154.42 Unrealized +54.2%

TMUS T-MOBILE 0.7%

Value ($000) $6 (-45.2%) Shares 28,330 (-35.4%) Est. Cost $240.31 Unrealized -12.1%

GOOG ALPHABET, INC. CLASS C 5.3%

Value ($000) $41 (+10.6%) Shares 129,505 (-14.2%) Est. Cost $118.79 Unrealized +141.0%

AZN ASTRAZENECA PLC 3.6%

Value ($000) $28 (+11.5%) Shares 305,897 (-6.9%) Est. Cost $0.07 Unrealized —

LRCX LAM RESEARCH CORP 1.5%

Value ($000) $12 (+18.2%) Shares 67,324 (-7.5%) Est. Cost $78.11 Unrealized +98.9%

EMXC ISHARES MSCI EM EX CHINA 4.0%

Value ($000) $31 (+5.7%) Shares 427,974 (-1.8%) Est. Cost $35.79 Unrealized —

ELV ELEVANCE HEALTH INC 3.4%

Value ($000) $26 (+5.1%) Shares 73,987 (-3.1%) Est. Cost $333.14 Unrealized +1.1%

USB US BANCORP 2.8%

Value ($000) $22 (+5.9%) Shares 408,421 (-4.0%) Est. Cost $36.64 Unrealized +33.0%

SHV ISHARES ST TREASURY ETF 0.2%

Value ($000) $2 (-41.6%) Shares 15,580 (-41.4%) Est. Cost $0.11 Unrealized —

TFC TRUIST FINANCIAL CORP 2.7%

Value ($000) $21 (+5.6%) Shares 428,561 (-1.8%) Est. Cost $34.28 Unrealized +33.6%

GD GENERAL DYNAMICS COPR 2.9%

Value ($000) $23 (-4.4%) Shares 67,099 (-3.1%) Est. Cost $150.63 Unrealized +126.3%

AMD ADVANCED MICRO DEVICES 2.7%

Value ($000) $21 (-3.4%) Shares 96,998 (-27.0%) Est. Cost $137.57 Unrealized +63.3%

TMO THERMO FISHER SCIENTIFIC 3.8%

Value ($000) $30 (+2.4%) Shares 51,020 (-14.3%) Est. Cost $505.81 Unrealized +11.7%

ASML ASML HOLDINGS 1.1%

Value ($000) $8 (+7.6%) Shares 7,699 (-2.6%) Est. Cost $0.66 Unrealized —

GOOGL ALPHABET, INC. CLASS A 0.4%

Value ($000) $3 (+21.2%) Shares 10,141 (-5.8%) Est. Cost $107.60 Unrealized +165.4%

ADI ANALOG DEVICES 2.4%

Value ($000) $18 (+2.5%) Shares 67,663 (-7.1%) Est. Cost $127.93 Unrealized +95.9%

TJX TJX COMPANIES 3.0%

Value ($000) $23 (+1.2%) Shares 152,883 (-4.8%) Est. Cost $41.98 Unrealized +251.8%

AMAT APPLIED MATERIALS 1.0%

Value ($000) $8 (-2.6%) Shares 30,700 (-22.4%) Est. Cost $166.66 Unrealized +43.7%

HD HOME DEPOT INC 0.1%

Value ($000) $1 (-16.1%) Shares 1,800 (-1.2%) Est. Cost $102.01 Unrealized +257.4%

VOO VANGUARD S&P 500 ETF 0.2%

Value ($000) $2 (-5.6%) Shares 2,904 (-7.8%) Est. Cost $204.61 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $1 (+4.5%) Shares 7,593 (-2.1%) Est. Cost $56.16 Unrealized +105.7%

IAU ISHARES GOLD TRUST 0.1%

Value ($000) $1 (+6.6%) Shares 7,173 (-4.5%) Est. Cost $0.07 Unrealized —

PFE PFIZER INC 0.1%

Value ($000) $1 (-5.5%) Shares 23,392 (-3.3%) Est. Cost $18.44 Unrealized +35.8%

CVX CHEVRON-TEXACO CORP 0.1%

Value ($000) $1 (-4.2%) Shares 4,000 (-2.4%) Est. Cost $72.67 Unrealized +108.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	ORACLE CORPORATION	5,804 (-89.7%)	$1 (-92.9%)	0.1%	$154.42	+54.2%	COM	68389X105
TMUS	T-MOBILE	28,330 (-35.4%)	$6 (-45.2%)	0.7%	$240.31	-12.1%	COM	872590104
GOOG	ALPHABET, INC. CLASS C	129,505 (-14.2%)	$41 (+10.6%)	5.3%	$118.79	+141.0%	COM	02079K107
AZN	ASTRAZENECA PLC	305,897 (-6.9%)	$28 (+11.5%)	3.6%	$0.07	—	COM	046353108
LRCX	LAM RESEARCH CORP	67,324 (-7.5%)	$12 (+18.2%)	1.5%	$78.11	+98.9%	COM	512807306
EMXC	ISHARES MSCI EM EX CHINA	427,974 (-1.8%)	$31 (+5.7%)	4.0%	$35.79	—	COM	46434G764
ELV	ELEVANCE HEALTH INC	73,987 (-3.1%)	$26 (+5.1%)	3.4%	$333.14	+1.1%	COM	036752103
USB	US BANCORP	408,421 (-4.0%)	$22 (+5.9%)	2.8%	$36.64	+33.0%	COM	902973304
SHV	ISHARES ST TREASURY ETF	15,580 (-41.4%)	$2 (-41.6%)	0.2%	$0.11	—	COM	464288679
TFC	TRUIST FINANCIAL CORP	428,561 (-1.8%)	$21 (+5.6%)	2.7%	$34.28	+33.6%	COM	89832Q109
GD	GENERAL DYNAMICS COPR	67,099 (-3.1%)	$23 (-4.4%)	2.9%	$150.63	+126.3%	COM	369550108
AMD	ADVANCED MICRO DEVICES	96,998 (-27.0%)	$21 (-3.4%)	2.7%	$137.57	+63.3%	COM	007903107
TMO	THERMO FISHER SCIENTIFIC	51,020 (-14.3%)	$30 (+2.4%)	3.8%	$505.81	+11.7%	COM	883556102
ASML	ASML HOLDINGS	7,699 (-2.6%)	$8 (+7.6%)	1.1%	$0.66	—	COM	N07059210
GOOGL	ALPHABET, INC. CLASS A	10,141 (-5.8%)	$3 (+21.2%)	0.4%	$107.60	+165.4%	COM	02079K305
ADI	ANALOG DEVICES	67,663 (-7.1%)	$18 (+2.5%)	2.4%	$127.93	+95.9%	COM	032654105
TJX	TJX COMPANIES	152,883 (-4.8%)	$23 (+1.2%)	3.0%	$41.98	+251.8%	COM	872540109
AMAT	APPLIED MATERIALS	30,700 (-22.4%)	$8 (-2.6%)	1.0%	$166.66	+43.7%	COM	038222105
HD	HOME DEPOT INC	1,800 (-1.2%)	$1 (-16.1%)	0.1%	$102.01	+257.4%	COM	437076102
VOO	VANGUARD S&P 500 ETF	2,904 (-7.8%)	$2 (-5.6%)	0.2%	$204.61	—	COM	922908363
XOM	EXXON MOBIL CORP	7,593 (-2.1%)	$1 (+4.5%)	0.1%	$56.16	+105.7%	COM	30231G102
IAU	ISHARES GOLD TRUST	7,173 (-4.5%)	$1 (+6.6%)	0.1%	$0.07	—	COM	464285204
PFE	PFIZER INC	23,392 (-3.3%)	$1 (-5.5%)	0.1%	$18.44	+35.8%	COM	717081103
CVX	CHEVRON-TEXACO CORP	4,000 (-2.4%)	$1 (-4.2%)	0.1%	$72.67	+108.4%	COM	166764100

Unchanged Positions (35)

AMZN AMAZON 4.3%

Value ($000) $33 Shares 144,483 Est. Cost $154.64 Unrealized +47.9%

JNJ JOHNSON & JOHNSON 0.5%

Value ($000) $4 Shares 18,322 Est. Cost $93.54 Unrealized +110.6%

IJH ISHARES TR S&P MID ETF 2.8%

Value ($000) $22 Shares 327,010 Est. Cost $0.06 Unrealized —

MRK MERCK & CO. 0.1%

Value ($000) $1 Shares 7,972 Est. Cost $41.46 Unrealized +124.9%

PG PROCTER & GAMBLE 0.2%

Value ($000) $2 Shares 11,493 Est. Cost $59.79 Unrealized +146.1%

VTI VANGUARD TOTAL STK MKT 0.5%

Value ($000) $4 Shares 11,260 Est. Cost $101.78 Unrealized —

VEEV VEEVA SYS INC 0.0%

Value ($000) $0 Shares 900 Est. Cost $278.75 Unrealized -4.8%

CSCO CISCO SYSTEMS 0.1%

Value ($000) $1 Shares 7,528 Est. Cost $21.30 Unrealized +246.4%

AXP AMERICAN EXPRESS CO 0.1%

Value ($000) $1 Shares 1,500 Est. Cost $124.36 Unrealized +187.0%

PAYX PAYCHEX, INC. 0.0%

Value ($000) $0 Shares 3,400 Est. Cost $55.57 Unrealized +109.7%

MPC MARATHON PETROLEUM CORP 0.0%

Value ($000) $0 Shares 1,584 Est. Cost $132.62 Unrealized +40.5%

IBM INT'L BUSINESS MACHINES 0.1%

Value ($000) $1 Shares 2,933 Est. Cost $109.97 Unrealized +171.7%

ROK ROCKWELL AUTOMATION INC. 0.0%

Value ($000) $0 Shares 850 Est. Cost $237.86 Unrealized +57.7%

NKE NIKE, INC. 0.0%

Value ($000) $0 Shares 4,890 Est. Cost $48.85 Unrealized +32.9%

NEE NEXTERA ENERGY INC 0.1%

Value ($000) $0 Shares 5,724 Est. Cost $61.83 Unrealized +33.4%

ABT ABBOTT LABS 0.0%

Value ($000) $0 Shares 3,000 Est. Cost $58.97 Unrealized +115.9%

SPY SPDR S&P500 ETF TRUST 0.2%

Value ($000) $1 Shares 1,889 Est. Cost $216.79 Unrealized —

WMT WAL-MART 0.0%

Value ($000) $0 Shares 2,850 Est. Cost $72.48 Unrealized +47.9%

LOW LOWE'S COMPANIES, INC. 0.1%

Value ($000) $1 Shares 2,350 Est. Cost $71.28 Unrealized +236.4%

AME AMETEK INC NEW 0.0%

Value ($000) $0 Shares 1,350 Est. Cost $150.30 Unrealized +29.3%

BAC BANK OF AMERICA CORP 0.0%

Value ($000) $0 Shares 6,242 Est. Cost $27.61 Unrealized +90.7%

CI CIGNA GROUP (THE) 0.1%

Value ($000) $0 Shares 1,525 Est. Cost $190.77 Unrealized +46.4%

VNQ VANGUARD REIT 0.0%

Value ($000) $0 Shares 4,336 Est. Cost $74.95 Unrealized —

ONCY ONCOLYTICS BIOTECH INC 0.0%

Value ($000) $0 Shares 20,000 Est. Cost $0.87 Unrealized +23.6%

ABBV ABBVIE INC. 0.1%

Value ($000) $1 Shares 3,000 Est. Cost $48.31 Unrealized +371.0%

IWM ISHARES RUSSELL 2000 0.1%

Value ($000) $0 Shares 1,735 Est. Cost $144.41 Unrealized —

IWF ISHARES TR RUS 1000 GRW 0.1%

Value ($000) $1 Shares 1,158 Est. Cost $273.58 Unrealized —

BA BOEING 0.1%

Value ($000) $1 Shares 3,697 Est. Cost $85.25 Unrealized +141.3%

DIS DISNEY (THE WALT) CO. 0.1%

Value ($000) $0 Shares 4,000 Est. Cost $79.09 Unrealized +38.5%

IWN ISHARES RUSSELL 2000 VAL 0.0%

Value ($000) $0 Shares 1,232 Est. Cost $0.18 Unrealized —

CTBI COMMUNITY TRUST BANCORP 0.0%

Value ($000) $0 Shares 6,207 Est. Cost $27.50 Unrealized +99.5%

VBIL VANGUARD 0-3 MONTH T-BILL 0.2%

Value ($000) $2 Shares 20,000 Est. Cost $0.08 Unrealized —

VTWG VANGUARD RUS2K GROWTH 0.1%

Value ($000) $0 Shares 1,675 Est. Cost $150.45 Unrealized —

PM PHILIP MORRIS INT'L 0.0%

Value ($000) $0 Shares 1,500 Est. Cost $136.99 Unrealized +12.1%

BRK/A BERKSHIRE A (1SH /100) 0.1%

Value ($000) $1 Shares 100 Est. Cost $309674.97 Unrealized +141.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON	144,483	$33	4.3%	$154.64	+47.9%	COM	023135106
JNJ	JOHNSON & JOHNSON	18,322	$4	0.5%	$93.54	+110.6%	COM	478160104
IJH	ISHARES TR S&P MID ETF	327,010	$22	2.8%	$0.06	—	COM	464287507
MRK	MERCK & CO.	7,972	$1	0.1%	$41.46	+124.9%	COM	58933Y105
PG	PROCTER & GAMBLE	11,493	$2	0.2%	$59.79	+146.1%	COM	742718109
VTI	VANGUARD TOTAL STK MKT	11,260	$4	0.5%	$101.78	—	COM	922908769
VEEV	VEEVA SYS INC	900	$0	0.0%	$278.75	-4.8%	COM	922475108
CSCO	CISCO SYSTEMS	7,528	$1	0.1%	$21.30	+246.4%	COM	17275R102
AXP	AMERICAN EXPRESS CO	1,500	$1	0.1%	$124.36	+187.0%	COM	025816109
PAYX	PAYCHEX, INC.	3,400	$0	0.0%	$55.57	+109.7%	COM	704326107
MPC	MARATHON PETROLEUM CORP	1,584	$0	0.0%	$132.62	+40.5%	COM	56585A102
IBM	INT'L BUSINESS MACHINES	2,933	$1	0.1%	$109.97	+171.7%	COM	459200101
ROK	ROCKWELL AUTOMATION INC.	850	$0	0.0%	$237.86	+57.7%	COM	773903109
NKE	NIKE, INC.	4,890	$0	0.0%	$48.85	+32.9%	COM	654106103
NEE	NEXTERA ENERGY INC	5,724	$0	0.1%	$61.83	+33.4%	COM	65339F101
ABT	ABBOTT LABS	3,000	$0	0.0%	$58.97	+115.9%	COM	002824100
SPY	SPDR S&P500 ETF TRUST	1,889	$1	0.2%	$216.79	—	COM	78462F103
WMT	WAL-MART	2,850	$0	0.0%	$72.48	+47.9%	COM	931142103
LOW	LOWE'S COMPANIES, INC.	2,350	$1	0.1%	$71.28	+236.4%	COM	548661107
AME	AMETEK INC NEW	1,350	$0	0.0%	$150.30	+29.3%	COM	031100100
BAC	BANK OF AMERICA CORP	6,242	$0	0.0%	$27.61	+90.7%	COM	060505104
CI	CIGNA GROUP (THE)	1,525	$0	0.1%	$190.77	+46.4%	COM	125523100
VNQ	VANGUARD REIT	4,336	$0	0.0%	$74.95	—	COM	922908553
ONCY	ONCOLYTICS BIOTECH INC	20,000	$0	0.0%	$0.87	+23.6%	COM	682310875
ABBV	ABBVIE INC.	3,000	$1	0.1%	$48.31	+371.0%	COM	00287Y109
IWM	ISHARES RUSSELL 2000	1,735	$0	0.1%	$144.41	—	COM	464287655
IWF	ISHARES TR RUS 1000 GRW	1,158	$1	0.1%	$273.58	—	COM	464287614
BA	BOEING	3,697	$1	0.1%	$85.25	+141.3%	COM	097023105
DIS	DISNEY (THE WALT) CO.	4,000	$0	0.1%	$79.09	+38.5%	COM	254687106
IWN	ISHARES RUSSELL 2000 VAL	1,232	$0	0.0%	$0.18	—	COM	464287630
CTBI	COMMUNITY TRUST BANCORP	6,207	$0	0.0%	$27.50	+99.5%	COM	204149108
VBIL	VANGUARD 0-3 MONTH T-BILL	20,000	$2	0.2%	$0.08	—	COM	922040845
VTWG	VANGUARD RUS2K GROWTH	1,675	$0	0.1%	$150.45	—	COM	92206C623
PM	PHILIP MORRIS INT'L	1,500	$0	0.0%	$136.99	+12.1%	COM	718172109
BRK/A	BERKSHIRE A (1SH /100)	100	$1	0.1%	$309674.97	+141.0%	COM	084670108