OSTERWEIS CAPITAL MANAGEMENT INC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BENTLEY SYS INC	75,804,000	$75,662	3.2%	$1.00	—	NOTE 0.125% 1/1	08265TAB5
—	MARRIOTT VACATIONS WORLDWIDE	71,011,000	$70,926	3.0%	$1.00	—	NOTE 1/1	57164YAD9
USFD	US FOODS HLDG CORP	391,536	$29,490	1.2%	$75.09	0.0%	COM	912008109
NVR	NVR INC	2,625	$19,144	0.8%	$7476.40	0.0%	COM	62944T105
NOVT	NOVANTA INC	101,695	$12,101	0.5%	$113.88	0.0%	COM	67000B104
HURN	HURON CONSULTING GROUP INC	48,660	$8,414	0.4%	$163.70	0.0%	COM	447462102
VSEC	VSE CORP	48,460	$8,372	0.4%	$170.91	0.0%	COM	918284100
TWST	TWIST BIOSCIENCE CORP	256,878	$8,148	0.3%	$31.20	0.0%	COM	90184D100
HNGE	HINGE HEALTH INC	172,260	$8,001	0.3%	$48.16	0.0%	CL A	433313103
TWLO	TWILIO INC	55,215	$7,854	0.3%	$123.87	0.0%	CL A	90138F102
PLMR	PALOMAR HLDGS INC	57,510	$7,750	0.3%	$122.07	0.0%	COM	69753M105
CAVA	CAVA GROUP INC	87,415	$5,130	0.2%	$55.77	0.0%	COM	148929102
NXT	NEXTPOWER INC	48,250	$4,203	0.2%	$90.67	0.0%	CLASS A COM	65290E101
BRZE	BRAZE INC	69,305	$2,376	0.1%	$29.63	0.0%	COM CL A	10576N102
CDNL	CARDINAL INFRASTRUCTURE GROU	76,225	$1,843	0.1%	$24.69	0.0%	CL A	14154A102
BIL	SPDR SERIES TRUST	3,365	$307	0.0%	$91.38	—	STATE STREET SPD	78468R663
VGSH	VANGUARD SCOTTSDALE FDS	2,852	$167	0.0%	$58.73	—	SHORT TERM TREAS	92206C102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	473	$144	0.0%	$303.89	—	SPONSORED ADS	874039100
NN	NEXTNAV INC	6,533	$109	0.0%	$14.20	0.0%	COMMON STOCK	65345N106
AEM	AGNICO EAGLE MINES LTD	591	$100	0.0%	$167.85	0.0%	COM	008474108
RBC	RBC BEARINGS INC	212	$95	0.0%	$423.49	0.0%	COM	75524B104
QXO	QXO INC	4,245	$82	0.0%	$19.16	0.0%	COM NEW	82846H405
AB	ALLIANCEBERNSTEIN HLDG L P	2,124	$82	0.0%	$38.48	—	UNIT LTD PARTN	01881G106
KWEB	KRANESHARES TRUST	2,291	$78	0.0%	$34.05	—	CSI CHI INTERNET	500767306
SPRY	ARS PHARMACEUTICALS INC	5,610	$65	0.0%	$9.72	0.0%	COM	82835W108
PPTA	PERPETUA RESOURCES CORP	2,622	$63	0.0%	$24.60	0.0%	COM	714266103
CAT	CATERPILLAR INC	91	$52	0.0%	$555.50	0.0%	COM	149123101
AZN	ASTRAZENECA PLC	560	$51	0.0%	$91.93	—	SPONSORED ADR	046353108
PTC	PTC INC	289	$50	0.0%	$185.83	0.0%	COM	69370C100
IDA	IDACORP INC	352	$45	0.0%	$130.09	0.0%	COM	451107106
COLB	COLUMBIA BKG SYS INC	1,553	$43	0.0%	$26.85	0.0%	COM	197236102
GS	GOLDMAN SACHS GROUP INC	43	$38	0.0%	$813.35	0.0%	COM	38141G104
BP	BP PLC	1,057	$37	0.0%	$34.73	—	SPONSORED ADR	055622104
BXSL	BLACKSTONE SECD LENDING FD	1,272	$33	0.0%	$26.09	0.0%	COMMON STOCK	09261X102
TMC	TMC THE METALS COMPANY INC	4,675	$29	0.0%	$7.02	0.0%	COM	87261Y106
COF	CAPITAL ONE FINL CORP	118	$29	0.0%	$222.19	0.0%	COM	14040H105
SONY	SONY GROUP CORP	1,078	$28	0.0%	$25.60	—	SPONSORED ADR	835699307
UL	UNILEVER PLC	356	$23	0.0%	$65.32	—	SPON ADR NEW	904767803
SCHW	SCHWAB CHARLES CORP	226	$23	0.0%	$94.74	0.0%	COM	808513105
MA	MASTERCARD INCORPORATED	39	$22	0.0%	$558.95	0.0%	CL A	57636Q104
ING	ING GROEP N.V.	740	$21	0.0%	$28.00	—	SPONSORED ADR	456837103
SU	SUNCOR ENERGY INC NEW	437	$19	0.0%	$42.26	0.0%	COM	867224107
SYK	STRYKER CORPORATION	54	$19	0.0%	$363.46	0.0%	COM	863667101
PCAR	PACCAR INC	161	$18	0.0%	$101.22	0.0%	COM	693718108
BCS	BARCLAYS PLC	687	$17	0.0%	$25.45	—	ADR	06738E204
HSBC	HSBC HLDGS PLC	191	$15	0.0%	$78.67	—	SPON ADR NEW	404280406
MUFG	MITSUBISHI UFJ FINL GROUP IN	947	$15	0.0%	$15.86	—	SPONSORED ADS	606822104
SHEL	SHELL PLC	201	$15	0.0%	$73.48	—	SPON ADS	780259305
HIPO	HIPPO HLDGS INC	490	$15	0.0%	$33.41	0.0%	COM NEW	433539202
LYG	LLOYDS BANKING GROUP PLC	2,532	$13	0.0%	$5.30	—	SPONSORED ADR	539439109
GSK	GSK PLC	243	$12	0.0%	$49.04	—	SPONSORED ADR	37733W204

Increased Positions (49)

— ENPHASE ENERGY INC 2.9%

Value ($000) $67,815 (+593.7%) Shares 68,500,000 (+585.0%) Est. Cost $0.99 Unrealized —

— SUMMIT HOTEL PPTYS 3.0%

Value ($000) $70,325 (+32.2%) Shares 70,537,000 (+30.5%) Est. Cost $0.99 Unrealized —

— ALARM COM HLDGS INC 1.7%

Value ($000) $41,268 (+45.7%) Shares 41,165,000 (+43.8%) Est. Cost $0.98 Unrealized —

— VAIL RESORTS INC 1.8%

Value ($000) $41,725 (+33.1%) Shares 41,704,000 (+31.5%) Est. Cost $0.99 Unrealized —

MTSI MACOM TECH SOLUTIONS HLDGS I 0.4%

Value ($000) $10,443 (+449.5%) Shares 60,970 (+299.4%) Est. Cost $152.02 Unrealized +4.4%

ICE INTERCONTINENTAL EXCHANGE IN 1.2%

Value ($000) $28,271 (+34.1%) Shares 174,553 (+39.5%) Est. Cost $171.64 Unrealized -9.0%

— AIRBNB INC 3.2%

Value ($000) $76,136 (+9.8%) Shares 76,750,000 (+8.5%) Est. Cost $0.94 Unrealized —

CHYM CHIME FINL INC 0.4%

Value ($000) $10,631 (+175.7%) Shares 422,350 (+120.9%) Est. Cost $24.49 Unrealized -13.2%

WCN WASTE CONNECTIONS INC 1.8%

Value ($000) $41,677 (+10.9%) Shares 237,665 (+11.2%) Est. Cost $84.97 Unrealized +103.4%

CWST CASELLA WASTE SYS INC 0.7%

Value ($000) $15,742 (+34.7%) Shares 160,735 (+30.5%) Est. Cost $98.84 Unrealized -6.1%

LTH LIFE TIME GROUP HOLDINGS INC 0.5%

Value ($000) $12,829 (+40.7%) Shares 482,665 (+46.1%) Est. Cost $26.41 Unrealized -1.5%

MOD MODINE MFG CO 0.5%

Value ($000) $11,912 (+33.9%) Shares 89,222 (+42.5%) Est. Cost $113.48 Unrealized +31.3%

TTAN SERVICETITAN INC 0.5%

Value ($000) $12,466 (+28.1%) Shares 117,055 (+21.3%) Est. Cost $108.22 Unrealized -9.7%

CECO CECO ENVIRONMENTAL CORP 0.6%

Value ($000) $13,387 (+24.5%) Shares 223,682 (+6.5%) Est. Cost $26.65 Unrealized +100.7%

LSCC LATTICE SEMICONDUCTOR CORP 0.5%

Value ($000) $11,814 (+21.9%) Shares 160,565 (+21.4%) Est. Cost $73.37 Unrealized —

— PEBBLEBROOK HOTEL TR 0.4%

Value ($000) $8,583 (+30.2%) Shares 8,871,000 (+33.0%) Est. Cost $0.98 Unrealized —

VCEL VERICEL CORP 0.5%

Value ($000) $11,630 (+20.0%) Shares 322,975 (+4.8%) Est. Cost $39.97 Unrealized -8.1%

AWK AMERICAN WTR WKS CO INC NEW 1.7%

Value ($000) $39,554 (-4.7%) Shares 303,095 (+1.7%) Est. Cost $130.81 Unrealized +1.8%

SIMO SILICON MOTION TECHNOLOGY CO 0.2%

Value ($000) $5,222 (+45.1%) Shares 56,335 (+48.4%) Est. Cost $94.12 Unrealized —

AMPX AMPRIUS TECHNOLOGIES INC 0.2%

Value ($000) $3,589 (+82.0%) Shares 454,830 (+142.6%) Est. Cost $9.96 Unrealized +14.8%

FSV FIRSTSERVICE CORP NEW 0.7%

Value ($000) $15,919 (-8.8%) Shares 102,354 (+11.7%) Est. Cost $140.21 Unrealized +15.8%

VITL VITAL FARMS INC 0.5%

Value ($000) $10,720 (+12.6%) Shares 335,630 (+45.0%) Est. Cost $35.73 Unrealized -1.5%

DE DEERE & CO 0.9%

Value ($000) $20,268 (+5.7%) Shares 43,534 (+3.8%) Est. Cost $374.42 Unrealized +24.9%

TPB TURNING PT BRANDS INC 0.4%

Value ($000) $9,166 (+10.9%) Shares 84,555 (+1.2%) Est. Cost $81.01 Unrealized +20.7%

PRCT PROCEPT BIOROBOTICS CORP 0.3%

Value ($000) $7,471 (-10.4%) Shares 237,480 (+1.6%) Est. Cost $55.79 Unrealized -40.6%

CPAY CORPAY INC 0.6%

Value ($000) $13,067 (+6.6%) Shares 43,422 (+2.0%) Est. Cost $325.43 Unrealized -10.8%

GOOGL ALPHABET INC 0.1%

Value ($000) $1,909 (+35.5%) Shares 6,098 (+5.2%) Est. Cost $128.54 Unrealized +122.2%

ORCL ORACLE CORP 0.0%

Value ($000) $374 (-27.9%) Shares 1,919 (+4.0%) Est. Cost $79.53 Unrealized +199.3%

MRK MERCK & CO INC 0.0%

Value ($000) $466 (+32.8%) Shares 4,431 (+5.9%) Est. Cost $54.72 Unrealized +70.4%

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $933 (+13.6%) Shares 4,510 (+1.8%) Est. Cost $91.85 Unrealized +114.5%

TSLA TESLA INC 0.0%

Value ($000) $465 (+23.0%) Shares 1,034 (+21.6%) Est. Cost $280.93 Unrealized +57.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $2,918 (+2.7%) Shares 5,805 (+2.7%) Est. Cost $350.47 Unrealized +42.0%

ISRG INTUITIVE SURGICAL INC 0.0%

Value ($000) $225 (+37.0%) Shares 398 (+8.2%) Est. Cost $523.59 Unrealized +1.7%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $136 (+78.9%) Shares 1,669 (+114.5%) Est. Cost $77.03 Unrealized +16.9%

C CITIGROUP INC 0.0%

Value ($000) $153 (+61.6%) Shares 1,314 (+40.5%) Est. Cost $80.63 Unrealized +28.5%

WMT WALMART INC 0.0%

Value ($000) $342 (+20.0%) Shares 3,072 (+11.0%) Est. Cost $91.54 Unrealized +17.1%

NOW SERVICENOW INC 0.0%

Value ($000) $227 (-16.8%) Shares 1,485 (+400.0%) Est. Cost $163.75 Unrealized +4.8%

NFLX NETFLIX INC 0.0%

Value ($000) $173 (-19.2%) Shares 1,850 (+933.5%) Est. Cost $103.50 Unrealized +4.2%

CVX CHEVRON CORP NEW 0.0%

Value ($000) $122 (+27.5%) Shares 803 (+29.9%) Est. Cost $135.02 Unrealized +12.1%

FTGC FIRST TR EXCHANGE TRAD FD VI 0.0%

Value ($000) $648 (-3.2%) Shares 27,878 (+7.9%) Est. Cost $23.88 Unrealized —

XLK SELECT SECTOR SPDR TR 0.0%

Value ($000) $746 (+2.2%) Shares 5,182 (+100.0%) Est. Cost $137.37 Unrealized —

MCK MCKESSON CORP 0.0%

Value ($000) $190 (+9.0%) Shares 232 (+2.7%) Est. Cost $706.63 Unrealized +15.4%

ABT ABBOTT LABS 0.0%

Value ($000) $420 (-3.4%) Shares 3,352 (+3.3%) Est. Cost $110.98 Unrealized +14.7%

BAC BANK AMERICA CORP 0.0%

Value ($000) $48 (+32.4%) Shares 878 (+24.2%) Est. Cost $49.19 Unrealized +7.1%

VXUS VANGUARD STAR FDS 0.0%

Value ($000) $213 (+4.6%) Shares 2,819 (+1.8%) Est. Cost $60.55 Unrealized —

VUG VANGUARD INDEX FDS 0.0%

Value ($000) $70 (+8.0%) Shares 143 (+5.9%) Est. Cost $360.13 Unrealized —

WAY WAYSTAR HLDG CORP 0.4%

Value ($000) $8,295 (+0.1%) Shares 253,275 (+15.9%) Est. Cost $36.87 Unrealized -3.4%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $61 (+6.1%) Shares 383 (+7.3%) Est. Cost $165.24 Unrealized -7.1%

VIOO VANGUARD ADMIRAL FDS INC 0.0%

Value ($000) $171 (+1.8%) Shares 1,542 (+1.3%) Est. Cost $101.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ENPHASE ENERGY INC	68,500,000 (+585.0%)	$67,815 (+593.7%)	2.9%	$0.99	—	NOTE 3/0	29355AAH0
—	SUMMIT HOTEL PPTYS	70,537,000 (+30.5%)	$70,325 (+32.2%)	3.0%	$0.99	—	NOTE 1.500% 2/1	866082AA8
—	ALARM COM HLDGS INC	41,165,000 (+43.8%)	$41,268 (+45.7%)	1.7%	$0.98	—	NOTE 1/1	011642AB1
—	VAIL RESORTS INC	41,704,000 (+31.5%)	$41,725 (+33.1%)	1.8%	$0.99	—	NOTE 1/0	91879QAN9
MTSI	MACOM TECH SOLUTIONS HLDGS I	60,970 (+299.4%)	$10,443 (+449.5%)	0.4%	$152.02	+4.4%	COM	55405Y100
ICE	INTERCONTINENTAL EXCHANGE IN	174,553 (+39.5%)	$28,271 (+34.1%)	1.2%	$171.64	-9.0%	COM	45866F104
—	AIRBNB INC	76,750,000 (+8.5%)	$76,136 (+9.8%)	3.2%	$0.94	—	NOTE 3/1	009066AB7
CHYM	CHIME FINL INC	422,350 (+120.9%)	$10,631 (+175.7%)	0.4%	$24.49	-13.2%	COM SHS CL A	16935C109
WCN	WASTE CONNECTIONS INC	237,665 (+11.2%)	$41,677 (+10.9%)	1.8%	$84.97	+103.4%	COM	94106B101
CWST	CASELLA WASTE SYS INC	160,735 (+30.5%)	$15,742 (+34.7%)	0.7%	$98.84	-6.1%	CL A	147448104
LTH	LIFE TIME GROUP HOLDINGS INC	482,665 (+46.1%)	$12,829 (+40.7%)	0.5%	$26.41	-1.5%	COMMON STOCK	53190C102
MOD	MODINE MFG CO	89,222 (+42.5%)	$11,912 (+33.9%)	0.5%	$113.48	+31.3%	COM	607828100
TTAN	SERVICETITAN INC	117,055 (+21.3%)	$12,466 (+28.1%)	0.5%	$108.22	-9.7%	SHS CL A	81764X103
CECO	CECO ENVIRONMENTAL CORP	223,682 (+6.5%)	$13,387 (+24.5%)	0.6%	$26.65	+100.7%	COM	125141101
LSCC	LATTICE SEMICONDUCTOR CORP	160,565 (+21.4%)	$11,814 (+21.9%)	0.5%	$73.37	—	COM	518415104
—	PEBBLEBROOK HOTEL TR	8,871,000 (+33.0%)	$8,583 (+30.2%)	0.4%	$0.98	—	NOTE 1.750%12/1	70509VAA8
VCEL	VERICEL CORP	322,975 (+4.8%)	$11,630 (+20.0%)	0.5%	$39.97	-8.1%	COM	92346J108
AWK	AMERICAN WTR WKS CO INC NEW	303,095 (+1.7%)	$39,554 (-4.7%)	1.7%	$130.81	+1.8%	COM	030420103
SIMO	SILICON MOTION TECHNOLOGY CO	56,335 (+48.4%)	$5,222 (+45.1%)	0.2%	$94.12	—	SPONSORED ADR	82706C108
AMPX	AMPRIUS TECHNOLOGIES INC	454,830 (+142.6%)	$3,589 (+82.0%)	0.2%	$9.96	+14.8%	COMMON STOCK	03214Q108
FSV	FIRSTSERVICE CORP NEW	102,354 (+11.7%)	$15,919 (-8.8%)	0.7%	$140.21	+15.8%	COM	33767E202
VITL	VITAL FARMS INC	335,630 (+45.0%)	$10,720 (+12.6%)	0.5%	$35.73	-1.5%	COM	92847W103
DE	DEERE & CO	43,534 (+3.8%)	$20,268 (+5.7%)	0.9%	$374.42	+24.9%	COM	244199105
TPB	TURNING PT BRANDS INC	84,555 (+1.2%)	$9,166 (+10.9%)	0.4%	$81.01	+20.7%	COM	90041L105
PRCT	PROCEPT BIOROBOTICS CORP	237,480 (+1.6%)	$7,471 (-10.4%)	0.3%	$55.79	-40.6%	COM	74276L105
CPAY	CORPAY INC	43,422 (+2.0%)	$13,067 (+6.6%)	0.6%	$325.43	-10.8%	COM SHS	219948106
GOOGL	ALPHABET INC	6,098 (+5.2%)	$1,909 (+35.5%)	0.1%	$128.54	+122.2%	CAP STK CL A	02079K305
ORCL	ORACLE CORP	1,919 (+4.0%)	$374 (-27.9%)	0.0%	$79.53	+199.3%	COM	68389X105
MRK	MERCK & CO INC	4,431 (+5.9%)	$466 (+32.8%)	0.0%	$54.72	+70.4%	COM	58933Y105
JNJ	JOHNSON & JOHNSON	4,510 (+1.8%)	$933 (+13.6%)	0.0%	$91.85	+114.5%	COM	478160104
TSLA	TESLA INC	1,034 (+21.6%)	$465 (+23.0%)	0.0%	$280.93	+57.8%	COM	88160R101
BRK/B	BERKSHIRE HATHAWAY INC DEL	5,805 (+2.7%)	$2,918 (+2.7%)	0.1%	$350.47	+42.0%	CL B NEW	084670702
ISRG	INTUITIVE SURGICAL INC	398 (+8.2%)	$225 (+37.0%)	0.0%	$523.59	+1.7%	COM NEW	46120E602
UBER	UBER TECHNOLOGIES INC	1,669 (+114.5%)	$136 (+78.9%)	0.0%	$77.03	+16.9%	COM	90353T100
C	CITIGROUP INC	1,314 (+40.5%)	$153 (+61.6%)	0.0%	$80.63	+28.5%	COM NEW	172967424
WMT	WALMART INC	3,072 (+11.0%)	$342 (+20.0%)	0.0%	$91.54	+17.1%	COM	931142103
NOW	SERVICENOW INC	1,485 (+400.0%)	$227 (-16.8%)	0.0%	$163.75	+4.8%	COM	81762P102
NFLX	NETFLIX INC	1,850 (+933.5%)	$173 (-19.2%)	0.0%	$103.50	+4.2%	COM	64110L106
CVX	CHEVRON CORP NEW	803 (+29.9%)	$122 (+27.5%)	0.0%	$135.02	+12.1%	COM	166764100
FTGC	FIRST TR EXCHANGE TRAD FD VI	27,878 (+7.9%)	$648 (-3.2%)	0.0%	$23.88	—	FST TR GLB FD	33739H101
XLK	SELECT SECTOR SPDR TR	5,182 (+100.0%)	$746 (+2.2%)	0.0%	$137.37	—	STATE STREET TEC	81369Y803
MCK	MCKESSON CORP	232 (+2.7%)	$190 (+9.0%)	0.0%	$706.63	+15.4%	COM	58155Q103
ABT	ABBOTT LABS	3,352 (+3.3%)	$420 (-3.4%)	0.0%	$110.98	+14.7%	COM	002824100
BAC	BANK AMERICA CORP	878 (+24.2%)	$48 (+32.4%)	0.0%	$49.19	+7.1%	COM	060505104
VXUS	VANGUARD STAR FDS	2,819 (+1.8%)	$213 (+4.6%)	0.0%	$60.55	—	VG TL INTL STK F	921909768
VUG	VANGUARD INDEX FDS	143 (+5.9%)	$70 (+8.0%)	0.0%	$360.13	—	GROWTH ETF	922908736
WAY	WAYSTAR HLDG CORP	253,275 (+15.9%)	$8,295 (+0.1%)	0.4%	$36.87	-3.4%	COM	946784105
PM	PHILIP MORRIS INTL INC	383 (+7.3%)	$61 (+6.1%)	0.0%	$165.24	-7.1%	COM	718172109
VIOO	VANGUARD ADMIRAL FDS INC	1,542 (+1.3%)	$171 (+1.8%)	0.0%	$101.69	—	SMLLCP 600 IDX	921932828

Exited Positions (41)

— FIVERR INTL LTD 2.5%

Value ($000) $59,012 Shares 59,000,000 Est. Cost $1.00 Unrealized —

— DEXCOM INC 2.3%

Value ($000) $54,132 Shares 54,500,000 Est. Cost $0.99 Unrealized —

— REDFIN CORP 1.2%

Value ($000) $27,412 Shares 27,385,000 Est. Cost $1.00 Unrealized —

— JAMF HLDG CORP 0.5%

Value ($000) $11,159 Shares 11,600,000 Est. Cost $0.82 Unrealized —

TREX TREX CO INC 0.4%

Value ($000) $10,091 Shares 195,296 Est. Cost $57.56 Unrealized -29.7%

CWAN CLEARWATER ANALYTICS HLDGS I 0.3%

Value ($000) $8,046 Shares 446,490 Est. Cost $20.54 Unrealized -2.5%

RBRK RUBRIK INC. 0.3%

Value ($000) $6,251 Shares 76,005 Est. Cost $79.05 Unrealized -3.0%

ENSG ENSIGN GROUP INC 0.2%

Value ($000) $4,984 Shares 28,845 Est. Cost $132.18 Unrealized +35.9%

ADMA ADMA BIOLOGICS INC 0.2%

Value ($000) $4,530 Shares 309,031 Est. Cost $20.26 Unrealized -16.8%

LAD LITHIA MTRS INC 0.1%

Value ($000) $3,449 Shares 10,914 Est. Cost $340.53 Unrealized -6.8%

— FORD MTR CO 0.1%

Value ($000) $3,048 Shares 3,000,000 Est. Cost $1.19 Unrealized —

KVYO KLAVIYO INC 0.1%

Value ($000) $2,728 Shares 98,528 Est. Cost $30.89 Unrealized -9.3%

SLB SCHLUMBERGER LTD 0.0%

Value ($000) $497 Shares 14,455 Est. Cost $33.95 Unrealized +6.2%

HON HONEYWELL INTL INC 0.0%

Value ($000) $173 Shares 821 Est. Cost $183.47 Unrealized +6.3%

CSGP COSTAR GROUP INC 0.0%

Value ($000) $149 Shares 1,768 Est. Cost $77.90 Unrealized -9.1%

MTD METTLER TOLEDO INTERNATIONAL 0.0%

Value ($000) $61 Shares 50 Est. Cost $1242.73 Unrealized +12.4%

SBUX STARBUCKS CORP 0.0%

Value ($000) $58 Shares 685 Est. Cost $86.08 Unrealized -2.4%

TRU TRANSUNION 0.0%

Value ($000) $43 Shares 508 Est. Cost $83.11 Unrealized -1.2%

FWONK LIBERTY MEDIA CORP DEL 0.0%

Value ($000) $39 Shares 371 Est. Cost $104.50 Unrealized —

ARMK ARAMARK 0.0%

Value ($000) $37 Shares 958 Est. Cost $36.75 Unrealized +3.2%

AEP AMERICAN ELEC PWR CO INC 0.0%

Value ($000) $35 Shares 310 Est. Cost $101.86 Unrealized +15.5%

AIR AAR CORP 0.0%

Value ($000) $34 Shares 383 Est. Cost $60.01 Unrealized +37.9%

AEE AMEREN CORP 0.0%

Value ($000) $32 Shares 307 Est. Cost $95.13 Unrealized +7.2%

WEC WEC ENERGY GROUP INC 0.0%

Value ($000) $30 Shares 262 Est. Cost $104.25 Unrealized +5.8%

CHWY CHEWY INC 0.0%

Value ($000) $29 Shares 715 Est. Cost $39.84 Unrealized -12.8%

HUBS HUBSPOT INC 0.0%

Value ($000) $29 Shares 61 Est. Cost $585.68 Unrealized -29.3%

CBRE CBRE GROUP INC 0.0%

Value ($000) $21 Shares 136 Est. Cost $126.46 Unrealized +24.3%

SEIC SEI INVTS CO 0.0%

Value ($000) $21 Shares 246 Est. Cost $79.75 Unrealized +2.5%

UFPI UFP INDUSTRIES INC 0.0%

Value ($000) $20 Shares 210 Est. Cost $100.91 Unrealized -9.3%

EBAY EBAY INC. 0.0%

Value ($000) $18 Shares 198 Est. Cost $70.11 Unrealized +23.2%

ULTA ULTA BEAUTY INC 0.0%

Value ($000) $16 Shares 30 Est. Cost $512.40 Unrealized +7.3%

CPRT COPART INC 0.0%

Value ($000) $12 Shares 260 Est. Cost $48.52 Unrealized -14.5%

VEEV VEEVA SYS INC 0.0%

Value ($000) $11 Shares 37 Est. Cost $248.00 Unrealized +7.0%

ATEC ALPHATEC HLDGS INC 0.0%

Value ($000) $5 Shares 334 Est. Cost $11.49 Unrealized +61.1%

SOLV SOLVENTUM CORP 0.0%

Value ($000) $4 Shares 53 Est. Cost $73.30 Unrealized +4.5%

VCYT VERACYTE INC 0.0%

Value ($000) $3 Shares 86 Est. Cost $28.96 Unrealized +39.2%

FWONA LIBERTY MEDIA CORP DEL 0.0%

Value ($000) $3 Shares 27 Est. Cost $94.96 Unrealized —

BL BLACKLINE INC 0.0%

Value ($000) $2 Shares 43 Est. Cost $51.65 Unrealized +6.6%

PSKY PARAMOUNT SKYDANCE CORP 0.0%

Value ($000) $2 Shares 111 Est. Cost $14.51 Unrealized +7.3%

AMSF AMERISAFE INC 0.0%

Value ($000) $0 Shares 8 Est. Cost $44.75 Unrealized -12.2%

PHG KONINKLIJKE PHILIPS N V 0.0%

Value ($000) $0 Shares 4 Est. Cost $27.25 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FIVERR INTL LTD	59,000,000	$59,012	2.5%	$1.00	—	—	33835LAA3
—	DEXCOM INC	54,500,000	$54,132	2.3%	$0.99	—	—	252131AK3
—	REDFIN CORP	27,385,000	$27,412	1.2%	$1.00	—	—	75737FAC2
—	JAMF HLDG CORP	11,600,000	$11,159	0.5%	$0.82	—	—	47074LAB1
TREX	TREX CO INC	195,296	$10,091	0.4%	$57.56	-29.7%	—	89531P105
CWAN	CLEARWATER ANALYTICS HLDGS I	446,490	$8,046	0.3%	$20.54	-2.5%	—	185123106
RBRK	RUBRIK INC.	76,005	$6,251	0.3%	$79.05	-3.0%	—	781154109
ENSG	ENSIGN GROUP INC	28,845	$4,984	0.2%	$132.18	+35.9%	—	29358P101
ADMA	ADMA BIOLOGICS INC	309,031	$4,530	0.2%	$20.26	-16.8%	—	000899104
LAD	LITHIA MTRS INC	10,914	$3,449	0.1%	$340.53	-6.8%	—	536797103
—	FORD MTR CO	3,000,000	$3,048	0.1%	$1.19	—	—	345370CZ1
KVYO	KLAVIYO INC	98,528	$2,728	0.1%	$30.89	-9.3%	—	49845K101
SLB	SCHLUMBERGER LTD	14,455	$497	0.0%	$33.95	+6.2%	—	806857108
HON	HONEYWELL INTL INC	821	$173	0.0%	$183.47	+6.3%	—	438516106
CSGP	COSTAR GROUP INC	1,768	$149	0.0%	$77.90	-9.1%	—	22160N109
MTD	METTLER TOLEDO INTERNATIONAL	50	$61	0.0%	$1242.73	+12.4%	—	592688105
SBUX	STARBUCKS CORP	685	$58	0.0%	$86.08	-2.4%	—	855244109
TRU	TRANSUNION	508	$43	0.0%	$83.11	-1.2%	—	89400J107
FWONK	LIBERTY MEDIA CORP DEL	371	$39	0.0%	$104.50	—	—	531229755
ARMK	ARAMARK	958	$37	0.0%	$36.75	+3.2%	—	03852U106
AEP	AMERICAN ELEC PWR CO INC	310	$35	0.0%	$101.86	+15.5%	—	025537101
AIR	AAR CORP	383	$34	0.0%	$60.01	+37.9%	—	000361105
AEE	AMEREN CORP	307	$32	0.0%	$95.13	+7.2%	—	023608102
WEC	WEC ENERGY GROUP INC	262	$30	0.0%	$104.25	+5.8%	—	92939U106
CHWY	CHEWY INC	715	$29	0.0%	$39.84	-12.8%	—	16679L109
HUBS	HUBSPOT INC	61	$29	0.0%	$585.68	-29.3%	—	443573100
CBRE	CBRE GROUP INC	136	$21	0.0%	$126.46	+24.3%	—	12504L109
SEIC	SEI INVTS CO	246	$21	0.0%	$79.75	+2.5%	—	784117103
UFPI	UFP INDUSTRIES INC	210	$20	0.0%	$100.91	-9.3%	—	90278Q108
EBAY	EBAY INC.	198	$18	0.0%	$70.11	+23.2%	—	278642103
ULTA	ULTA BEAUTY INC	30	$16	0.0%	$512.40	+7.3%	—	90384S303
CPRT	COPART INC	260	$12	0.0%	$48.52	-14.5%	—	217204106
VEEV	VEEVA SYS INC	37	$11	0.0%	$248.00	+7.0%	—	922475108
ATEC	ALPHATEC HLDGS INC	334	$5	0.0%	$11.49	+61.1%	—	02081G201
SOLV	SOLVENTUM CORP	53	$4	0.0%	$73.30	+4.5%	—	83444M101
VCYT	VERACYTE INC	86	$3	0.0%	$28.96	+39.2%	—	92337F107
FWONA	LIBERTY MEDIA CORP DEL	27	$3	0.0%	$94.96	—	—	531229771
BL	BLACKLINE INC	43	$2	0.0%	$51.65	+6.6%	—	09239B109
PSKY	PARAMOUNT SKYDANCE CORP	111	$2	0.0%	$14.51	+7.3%	—	69932A204
AMSF	AMERISAFE INC	8	$0	0.0%	$44.75	-12.2%	—	03071H100
PHG	KONINKLIJKE PHILIPS N V	4	$0	0.0%	$27.25	—	—	500472303

Decreased Positions (73)

MSFT MICROSOFT CORP 3.6%

Value ($000) $85,419 (-14.0%) Shares 176,624 (-7.9%) Est. Cost $120.34 Unrealized +316.0%

AZO AUTOZONE INC 1.6%

Value ($000) $38,416 (-23.3%) Shares 11,327 (-2.9%) Est. Cost $2963.11 Unrealized +27.5%

LLY ELI LILLY & CO 2.0%

Value ($000) $48,122 (+31.4%) Shares 44,778 (-6.7%) Est. Cost $584.46 Unrealized +63.5%

RMBS RAMBUS INC DEL 0.3%

Value ($000) $8,184 (-48.2%) Shares 89,065 (-41.2%) Est. Cost $53.95 Unrealized +82.4%

GWRE GUIDEWIRE SOFTWARE INC 0.3%

Value ($000) $7,567 (-48.9%) Shares 37,644 (-41.6%) Est. Cost $113.23 Unrealized +95.3%

AVGO BROADCOM INC 2.7%

Value ($000) $63,030 (-9.6%) Shares 182,116 (-13.8%) Est. Cost $178.30 Unrealized +100.2%

SITM SITIME CORP 0.5%

Value ($000) $10,842 (-37.1%) Shares 30,698 (-46.4%) Est. Cost $188.80 Unrealized +65.7%

GOOG ALPHABET INC 4.8%

Value ($000) $112,719 (+5.3%) Shares 359,207 (-18.3%) Est. Cost $110.36 Unrealized +159.4%

— JBT MAREL CORPORATION 0.2%

Value ($000) $4,192 (-57.3%) Shares 4,085,000 (-57.9%) Est. Cost $0.93 Unrealized —

APD AIR PRODS & CHEMS INC 1.5%

Value ($000) $35,400 (-12.9%) Shares 143,308 (-3.9%) Est. Cost $230.80 Unrealized +9.0%

DHR DANAHER CORPORATION 1.8%

Value ($000) $43,061 (-10.0%) Shares 188,105 (-22.0%) Est. Cost $152.22 Unrealized +44.2%

BROS DUTCH BROS INC 0.0%

Value ($000) $24 (-99.4%) Shares 396 (-99.4%) Est. Cost $63.24 Unrealized -10.2%

MGY MAGNOLIA OIL & GAS CORP 0.3%

Value ($000) $7,128 (-33.6%) Shares 325,647 (-27.6%) Est. Cost $24.38 Unrealized -6.7%

AGYS AGILYSYS INC 0.2%

Value ($000) $4,685 (-41.8%) Shares 39,420 (-48.5%) Est. Cost $98.01 Unrealized +22.8%

LH LABCORP HOLDINGS INC 0.8%

Value ($000) $19,083 (-14.9%) Shares 76,063 (-2.7%) Est. Cost $241.79 Unrealized +9.7%

ATRC ATRICURE INC 0.3%

Value ($000) $8,053 (-29.1%) Shares 203,575 (-36.8%) Est. Cost $36.78 Unrealized -0.3%

ADI ANALOG DEVICES INC 1.7%

Value ($000) $41,205 (+6.9%) Shares 151,936 (-3.1%) Est. Cost $163.51 Unrealized +53.3%

LHX L3HARRIS TECHNOLOGIES INC 1.4%

Value ($000) $32,020 (-7.5%) Shares 109,070 (-3.8%) Est. Cost $197.78 Unrealized +45.8%

META META PLATFORMS INC 0.7%

Value ($000) $16,665 (-11.7%) Shares 25,247 (-1.8%) Est. Cost $272.24 Unrealized +145.1%

BSX BOSTON SCIENTIFIC CORP 1.1%

Value ($000) $25,695 (-7.4%) Shares 269,480 (-5.2%) Est. Cost $44.16 Unrealized +122.0%

FERG FERGUSON ENTERPRISES INC 1.1%

Value ($000) $26,550 (-6.7%) Shares 119,258 (-5.9%) Est. Cost $170.60 Unrealized +39.5%

SPXC SPX TECHNOLOGIES INC 0.4%

Value ($000) $9,629 (-15.2%) Shares 48,130 (-20.8%) Est. Cost $171.49 Unrealized —

SNPS SYNOPSYS INC 0.9%

Value ($000) $20,316 (-7.0%) Shares 43,251 (-2.3%) Est. Cost $465.91 Unrealized -4.7%

AME AMETEK INC 1.2%

Value ($000) $29,401 (+5.2%) Shares 143,205 (-3.7%) Est. Cost $139.94 Unrealized +38.9%

INTU INTUIT 1.2%

Value ($000) $28,610 (-4.6%) Shares 43,190 (-1.6%) Est. Cost $634.21 Unrealized +4.2%

CP CANADIAN PACIFIC KANSAS CITY 1.0%

Value ($000) $23,828 (-5.2%) Shares 323,619 (-4.1%) Est. Cost $76.24 Unrealized -3.5%

AMAT APPLIED MATLS INC 1.7%

Value ($000) $39,288 (+3.3%) Shares 152,877 (-17.7%) Est. Cost $157.73 Unrealized +51.8%

AFRM AFFIRM HLDGS INC 0.1%

Value ($000) $3,439 (-25.9%) Shares 46,209 (-27.3%) Est. Cost $51.85 Unrealized +38.8%

RGEN REPLIGEN CORP 0.4%

Value ($000) $8,952 (-8.2%) Shares 54,635 (-25.1%) Est. Cost $121.47 Unrealized +28.9%

NVS NOVARTIS AG 0.5%

Value ($000) $12,089 (+6.3%) Shares 87,683 (-1.1%) Est. Cost $84.94 Unrealized —

NVDA NVIDIA CORPORATION 1.0%

Value ($000) $24,713 (-2.1%) Shares 132,507 (-2.0%) Est. Cost $134.57 Unrealized +38.3%

TRNO TERRENO RLTY CORP 1.4%

Value ($000) $33,781 (-1.5%) Shares 575,384 (-4.8%) Est. Cost $56.07 Unrealized —

GH GUARDANT HEALTH INC 0.6%

Value ($000) $13,885 (+3.4%) Shares 135,936 (-36.8%) Est. Cost $43.14 Unrealized +107.4%

BA BOEING CO 1.0%

Value ($000) $23,601 (-1.8%) Shares 108,701 (-2.4%) Est. Cost $161.20 Unrealized +27.6%

LEVI LEVI STRAUSS & CO NEW 0.0%

Value ($000) $519 (-44.4%) Shares 25,000 (-37.5%) Est. Cost $16.28 Unrealized +31.4%

AAPL APPLE INC 0.5%

Value ($000) $12,448 (+2.5%) Shares 45,788 (-4.0%) Est. Cost $137.96 Unrealized +94.5%

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $2,457 (-8.3%) Shares 17,146 (-1.7%) Est. Cost $63.60 Unrealized +131.4%

FISV FISERV INC 0.0%

Value ($000) $43 (-77.5%) Shares 645 (-56.9%) Est. Cost $130.00 Unrealized -35.5%

KEYS KEYSIGHT TECHNOLOGIES INC 1.3%

Value ($000) $30,552 (-0.5%) Shares 150,363 (-14.3%) Est. Cost $139.38 Unrealized +33.1%

AMZN AMAZON COM INC 3.3%

Value ($000) $77,632 (-0.2%) Shares 336,333 (-5.0%) Est. Cost $135.47 Unrealized +68.9%

GKOS GLAUKOS CORP 0.5%

Value ($000) $11,473 (-1.1%) Shares 101,613 (-28.6%) Est. Cost $109.59 Unrealized -12.8%

AORT ARTIVION INC 0.4%

Value ($000) $10,067 (-1.2%) Shares 220,727 (-8.3%) Est. Cost $32.37 Unrealized +37.6%

CR CRANE COMPANY 0.0%

Value ($000) $244 (-33.6%) Shares 1,325 (-33.8%) Est. Cost $75.98 Unrealized +144.0%

DIS DISNEY WALT CO 0.0%

Value ($000) $182 (-39.3%) Shares 1,600 (-38.9%) Est. Cost $122.77 Unrealized -10.8%

HD HOME DEPOT INC 0.0%

Value ($000) $463 (-20.2%) Shares 1,346 (-6.0%) Est. Cost $250.49 Unrealized +45.6%

JPM JPMORGAN CHASE & CO. 1.9%

Value ($000) $44,787 (-0.2%) Shares 138,995 (-2.3%) Est. Cost $228.61 Unrealized +35.4%

PNC PNC FINL SVCS GROUP INC 0.0%

Value ($000) $191 (-25.7%) Shares 914 (-28.5%) Est. Cost $165.97 Unrealized +16.2%

SCHB SCHWAB STRATEGIC TR 0.1%

Value ($000) $2,365 (-2.4%) Shares 90,152 (-4.4%) Est. Cost $36.42 Unrealized —

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $422 (-10.3%) Shares 489 (-3.7%) Est. Cost $628.12 Unrealized +44.2%

WM WASTE MGMT INC DEL 0.0%

Value ($000) $60 (-42.9%) Shares 273 (-42.6%) Est. Cost $210.06 Unrealized +1.2%

MDLZ MONDELEZ INTL INC 0.0%

Value ($000) $17 (-71.2%) Shares 323 (-66.6%) Est. Cost $65.02 Unrealized -12.2%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $42 (-45.8%) Shares 172 (-42.7%) Est. Cost $237.38 Unrealized +4.3%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $48 (-40.8%) Shares 185 (-32.5%) Est. Cost $302.36 Unrealized -12.4%

BLK BLACKROCK INC 0.0%

Value ($000) $78 (-27.9%) Shares 73 (-21.5%) Est. Cost $933.09 Unrealized +16.8%

BKNG BOOKING HOLDINGS INC 0.0%

Value ($000) $139 (-16.8%) Shares 26 (-16.1%) Est. Cost $5094.53 Unrealized +0.9%

MCD MCDONALDS CORP 0.0%

Value ($000) $96 (-22.4%) Shares 314 (-22.9%) Est. Cost $303.41 Unrealized +0.6%

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $45 (-36.2%) Shares 144 (-46.5%) Est. Cost $249.21 Unrealized +14.5%

IBIT ISHARES BITCOIN TRUST ETF 0.0%

Value ($000) $47 (-34.1%) Shares 942 (-13.7%) Est. Cost $52.44 Unrealized —

KKR KKR & CO INC 0.0%

Value ($000) $111 (-17.1%) Shares 872 (-15.5%) Est. Cost $116.65 Unrealized +6.5%

RTX RTX CORPORATION 0.0%

Value ($000) $298 (+7.4%) Shares 1,625 (-2.0%) Est. Cost $113.44 Unrealized +52.8%

IGM ISHARES TR 0.0%

Value ($000) $244 (-5.7%) Shares 1,889 (-8.0%) Est. Cost $93.70 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $1,299 (+0.8%) Shares 10,797 (-5.6%) Est. Cost $68.46 Unrealized +68.7%

VOO VANGUARD INDEX FDS 0.1%

Value ($000) $1,431 (-0.6%) Shares 2,283 (-2.9%) Est. Cost $471.11 Unrealized —

CI THE CIGNA GROUP 0.0%

Value ($000) $119 (-5.8%) Shares 432 (-1.4%) Est. Cost $317.87 Unrealized -12.2%

COP CONOCOPHILLIPS 0.0%

Value ($000) $48 (-13.3%) Shares 511 (-12.3%) Est. Cost $88.02 Unrealized +2.3%

MS MORGAN STANLEY 0.0%

Value ($000) $404 (-1.5%) Shares 2,278 (-11.8%) Est. Cost $112.43 Unrealized +48.1%

MSCI MSCI INC 0.0%

Value ($000) $79 (-7.0%) Shares 137 (-8.1%) Est. Cost $549.12 Unrealized +2.0%

EOG EOG RES INC 0.0%

Value ($000) $38 (-12.6%) Shares 363 (-6.7%) Est. Cost $112.41 Unrealized -4.6%

MORN MORNINGSTAR INC 0.0%

Value ($000) $14 (-25.1%) Shares 64 (-20.0%) Est. Cost $296.03 Unrealized -26.8%

KO COCA COLA CO 0.0%

Value ($000) $61 (-3.8%) Shares 872 (-8.8%) Est. Cost $68.34 Unrealized +1.5%

ADBE ADOBE INC 0.0%

Value ($000) $62 (-1.9%) Shares 176 (-1.1%) Est. Cost $386.58 Unrealized -12.0%

SPGI S&P GLOBAL INC 0.0%

Value ($000) $175 (-0.1%) Shares 335 (-6.9%) Est. Cost $351.49 Unrealized +40.6%

LAMR LAMAR ADVERTISING CO NEW 1.4%

Value ($000) $32,379 (-0.0%) Shares 255,798 (-3.3%) Est. Cost $94.94 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	176,624 (-7.9%)	$85,419 (-14.0%)	3.6%	$120.34	+316.0%	COM	594918104
AZO	AUTOZONE INC	11,327 (-2.9%)	$38,416 (-23.3%)	1.6%	$2963.11	+27.5%	COM	053332102
LLY	ELI LILLY & CO	44,778 (-6.7%)	$48,122 (+31.4%)	2.0%	$584.46	+63.5%	COM	532457108
RMBS	RAMBUS INC DEL	89,065 (-41.2%)	$8,184 (-48.2%)	0.3%	$53.95	+82.4%	COM	750917106
GWRE	GUIDEWIRE SOFTWARE INC	37,644 (-41.6%)	$7,567 (-48.9%)	0.3%	$113.23	+95.3%	COM	40171V100
AVGO	BROADCOM INC	182,116 (-13.8%)	$63,030 (-9.6%)	2.7%	$178.30	+100.2%	COM	11135F101
SITM	SITIME CORP	30,698 (-46.4%)	$10,842 (-37.1%)	0.5%	$188.80	+65.7%	COM	82982T106
GOOG	ALPHABET INC	359,207 (-18.3%)	$112,719 (+5.3%)	4.8%	$110.36	+159.4%	CAP STK CL C	02079K107
—	JBT MAREL CORPORATION	4,085,000 (-57.9%)	$4,192 (-57.3%)	0.2%	$0.93	—	NOTE 0.250% 5/1	477839AB0
APD	AIR PRODS & CHEMS INC	143,308 (-3.9%)	$35,400 (-12.9%)	1.5%	$230.80	+9.0%	COM	009158106
DHR	DANAHER CORPORATION	188,105 (-22.0%)	$43,061 (-10.0%)	1.8%	$152.22	+44.2%	COM	235851102
BROS	DUTCH BROS INC	396 (-99.4%)	$24 (-99.4%)	0.0%	$63.24	-10.2%	CL A	26701L100
MGY	MAGNOLIA OIL & GAS CORP	325,647 (-27.6%)	$7,128 (-33.6%)	0.3%	$24.38	-6.7%	CL A	559663109
AGYS	AGILYSYS INC	39,420 (-48.5%)	$4,685 (-41.8%)	0.2%	$98.01	+22.8%	COM	00847J105
LH	LABCORP HOLDINGS INC	76,063 (-2.7%)	$19,083 (-14.9%)	0.8%	$241.79	+9.7%	COM SHS	504922105
ATRC	ATRICURE INC	203,575 (-36.8%)	$8,053 (-29.1%)	0.3%	$36.78	-0.3%	COM	04963C209
ADI	ANALOG DEVICES INC	151,936 (-3.1%)	$41,205 (+6.9%)	1.7%	$163.51	+53.3%	COM	032654105
LHX	L3HARRIS TECHNOLOGIES INC	109,070 (-3.8%)	$32,020 (-7.5%)	1.4%	$197.78	+45.8%	COM	502431109
META	META PLATFORMS INC	25,247 (-1.8%)	$16,665 (-11.7%)	0.7%	$272.24	+145.1%	CL A	30303M102
BSX	BOSTON SCIENTIFIC CORP	269,480 (-5.2%)	$25,695 (-7.4%)	1.1%	$44.16	+122.0%	COM	101137107
FERG	FERGUSON ENTERPRISES INC	119,258 (-5.9%)	$26,550 (-6.7%)	1.1%	$170.60	+39.5%	COMMON STOCK NEW	31488V107
SPXC	SPX TECHNOLOGIES INC	48,130 (-20.8%)	$9,629 (-15.2%)	0.4%	$171.49	—	COM	78473E103
SNPS	SYNOPSYS INC	43,251 (-2.3%)	$20,316 (-7.0%)	0.9%	$465.91	-4.7%	COM	871607107
AME	AMETEK INC	143,205 (-3.7%)	$29,401 (+5.2%)	1.2%	$139.94	+38.9%	COM	031100100
INTU	INTUIT	43,190 (-1.6%)	$28,610 (-4.6%)	1.2%	$634.21	+4.2%	COM	461202103
CP	CANADIAN PACIFIC KANSAS CITY	323,619 (-4.1%)	$23,828 (-5.2%)	1.0%	$76.24	-3.5%	COM	13646K108
AMAT	APPLIED MATLS INC	152,877 (-17.7%)	$39,288 (+3.3%)	1.7%	$157.73	+51.8%	COM	038222105
AFRM	AFFIRM HLDGS INC	46,209 (-27.3%)	$3,439 (-25.9%)	0.1%	$51.85	+38.8%	COM CL A	00827B106
RGEN	REPLIGEN CORP	54,635 (-25.1%)	$8,952 (-8.2%)	0.4%	$121.47	+28.9%	COM	759916109
NVS	NOVARTIS AG	87,683 (-1.1%)	$12,089 (+6.3%)	0.5%	$84.94	—	SPONSORED ADR	66987V109
NVDA	NVIDIA CORPORATION	132,507 (-2.0%)	$24,713 (-2.1%)	1.0%	$134.57	+38.3%	COM	67066G104
TRNO	TERRENO RLTY CORP	575,384 (-4.8%)	$33,781 (-1.5%)	1.4%	$56.07	—	COM	88146M101
GH	GUARDANT HEALTH INC	135,936 (-36.8%)	$13,885 (+3.4%)	0.6%	$43.14	+107.4%	COM	40131M109
BA	BOEING CO	108,701 (-2.4%)	$23,601 (-1.8%)	1.0%	$161.20	+27.6%	COM	097023105
LEVI	LEVI STRAUSS & CO NEW	25,000 (-37.5%)	$519 (-44.4%)	0.0%	$16.28	+31.4%	CL A COM STK	52736R102
AAPL	APPLE INC	45,788 (-4.0%)	$12,448 (+2.5%)	0.5%	$137.96	+94.5%	COM	037833100
PG	PROCTER AND GAMBLE CO	17,146 (-1.7%)	$2,457 (-8.3%)	0.1%	$63.60	+131.4%	COM	742718109
FISV	FISERV INC	645 (-56.9%)	$43 (-77.5%)	0.0%	$130.00	-35.5%	COM	337738108
KEYS	KEYSIGHT TECHNOLOGIES INC	150,363 (-14.3%)	$30,552 (-0.5%)	1.3%	$139.38	+33.1%	COM	49338L103
AMZN	AMAZON COM INC	336,333 (-5.0%)	$77,632 (-0.2%)	3.3%	$135.47	+68.9%	COM	023135106
GKOS	GLAUKOS CORP	101,613 (-28.6%)	$11,473 (-1.1%)	0.5%	$109.59	-12.8%	COM	377322102
AORT	ARTIVION INC	220,727 (-8.3%)	$10,067 (-1.2%)	0.4%	$32.37	+37.6%	COM	228903100
CR	CRANE COMPANY	1,325 (-33.8%)	$244 (-33.6%)	0.0%	$75.98	+144.0%	COMMON STOCK	224408104
DIS	DISNEY WALT CO	1,600 (-38.9%)	$182 (-39.3%)	0.0%	$122.77	-10.8%	COM	254687106
HD	HOME DEPOT INC	1,346 (-6.0%)	$463 (-20.2%)	0.0%	$250.49	+45.6%	COM	437076102
JPM	JPMORGAN CHASE & CO.	138,995 (-2.3%)	$44,787 (-0.2%)	1.9%	$228.61	+35.4%	COM	46625H100
PNC	PNC FINL SVCS GROUP INC	914 (-28.5%)	$191 (-25.7%)	0.0%	$165.97	+16.2%	COM	693475105
SCHB	SCHWAB STRATEGIC TR	90,152 (-4.4%)	$2,365 (-2.4%)	0.1%	$36.42	—	US BRD MKT ETF	808524102
COST	COSTCO WHSL CORP NEW	489 (-3.7%)	$422 (-10.3%)	0.0%	$628.12	+44.2%	COM	22160K105
WM	WASTE MGMT INC DEL	273 (-42.6%)	$60 (-42.9%)	0.0%	$210.06	+1.2%	COM	94106L109
MDLZ	MONDELEZ INTL INC	323 (-66.6%)	$17 (-71.2%)	0.0%	$65.02	-12.2%	CL A	609207105
ITW	ILLINOIS TOOL WKS INC	172 (-42.7%)	$42 (-45.8%)	0.0%	$237.38	+4.3%	COM	452308109
ADP	AUTOMATIC DATA PROCESSING IN	185 (-32.5%)	$48 (-40.8%)	0.0%	$302.36	-12.4%	COM	053015103
BLK	BLACKROCK INC	73 (-21.5%)	$78 (-27.9%)	0.0%	$933.09	+16.8%	COM	09290D101
BKNG	BOOKING HOLDINGS INC	26 (-16.1%)	$139 (-16.8%)	0.0%	$5094.53	+0.9%	COM	09857L108
MCD	MCDONALDS CORP	314 (-22.9%)	$96 (-22.4%)	0.0%	$303.41	+0.6%	COM	580135101
MAR	MARRIOTT INTL INC NEW	144 (-46.5%)	$45 (-36.2%)	0.0%	$249.21	+14.5%	CL A	571903202
IBIT	ISHARES BITCOIN TRUST ETF	942 (-13.7%)	$47 (-34.1%)	0.0%	$52.44	—	SHS BEN INT	46438F101
KKR	KKR & CO INC	872 (-15.5%)	$111 (-17.1%)	0.0%	$116.65	+6.5%	COM	48251W104
RTX	RTX CORPORATION	1,625 (-2.0%)	$298 (+7.4%)	0.0%	$113.44	+52.8%	COM	75513E101
IGM	ISHARES TR	1,889 (-8.0%)	$244 (-5.7%)	0.0%	$93.70	—	EXPND TEC SC ETF	464287549
XOM	EXXON MOBIL CORP	10,797 (-5.6%)	$1,299 (+0.8%)	0.1%	$68.46	+68.7%	COM	30231G102
VOO	VANGUARD INDEX FDS	2,283 (-2.9%)	$1,431 (-0.6%)	0.1%	$471.11	—	S&P 500 ETF SHS	922908363
CI	THE CIGNA GROUP	432 (-1.4%)	$119 (-5.8%)	0.0%	$317.87	-12.2%	COM	125523100
COP	CONOCOPHILLIPS	511 (-12.3%)	$48 (-13.3%)	0.0%	$88.02	+2.3%	COM	20825C104
MS	MORGAN STANLEY	2,278 (-11.8%)	$404 (-1.5%)	0.0%	$112.43	+48.1%	COM NEW	617446448
MSCI	MSCI INC	137 (-8.1%)	$79 (-7.0%)	0.0%	$549.12	+2.0%	COM	55354G100
EOG	EOG RES INC	363 (-6.7%)	$38 (-12.6%)	0.0%	$112.41	-4.6%	COM	26875P101
MORN	MORNINGSTAR INC	64 (-20.0%)	$14 (-25.1%)	0.0%	$296.03	-26.8%	COM	617700109
KO	COCA COLA CO	872 (-8.8%)	$61 (-3.8%)	0.0%	$68.34	+1.5%	COM	191216100
ADBE	ADOBE INC	176 (-1.1%)	$62 (-1.9%)	0.0%	$386.58	-12.0%	COM	00724F101
SPGI	S&P GLOBAL INC	335 (-6.9%)	$175 (-0.1%)	0.0%	$351.49	+40.6%	COM	78409V104
LAMR	LAMAR ADVERTISING CO NEW	255,798 (-3.3%)	$32,379 (-0.0%)	1.4%	$94.94	—	CL A	512816109

Unchanged Positions (112)

BRO BROWN & BROWN INC 1.4%

Value ($000) $33,932 Shares 425,746 Est. Cost $71.83 Unrealized +16.1%

PGR PROGRESSIVE CORP 1.5%

Value ($000) $34,449 Shares 151,278 Est. Cost $82.44 Unrealized +157.6%

CRM SALESFORCE INC 1.1%

Value ($000) $25,894 Shares 97,748 Est. Cost $277.82 Unrealized -10.7%

V VISA INC 2.1%

Value ($000) $49,535 Shares 141,242 Est. Cost $174.56 Unrealized +95.0%

— CABLE ONE INC 2.9%

Value ($000) $69,426 Shares 70,305,000 Est. Cost $0.95 Unrealized —

— HAEMONETICS CORP MASS 2.0%

Value ($000) $48,206 Shares 48,570,000 Est. Cost $0.91 Unrealized —

ADSK AUTODESK INC 0.2%

Value ($000) $4,144 Shares 14,000 Est. Cost $200.68 Unrealized +50.8%

AX AXOS FINANCIAL INC 0.5%

Value ($000) $12,294 Shares 142,685 Est. Cost $75.44 Unrealized +9.2%

FICO FAIR ISAAC CORP 0.1%

Value ($000) $2,184 Shares 1,292 Est. Cost $1292.47 Unrealized +33.2%

— ZIFF DAVIS INC 0.4%

Value ($000) $10,383 Shares 10,595,000 Est. Cost $0.94 Unrealized —

WDAY WORKDAY INC 0.1%

Value ($000) $1,289 Shares 6,000 Est. Cost $245.57 Unrealized -7.5%

— ETSY INC 0.3%

Value ($000) $6,942 Shares 7,750,000 Est. Cost $0.74 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 0.1%

Value ($000) $2,815 Shares 87,815 Est. Cost $23.97 Unrealized —

AXP AMERICAN EXPRESS CO 0.0%

Value ($000) $564 Shares 1,525 Est. Cost $213.10 Unrealized +67.5%

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $1,636 Shares 9,202 Est. Cost $24.85 Unrealized +628.4%

WRB BERKLEY W R CORP 0.0%

Value ($000) $444 Shares 6,331 Est. Cost $45.14 Unrealized +61.1%

WFC WELLS FARGO CO NEW 0.0%

Value ($000) $401 Shares 4,307 Est. Cost $55.50 Unrealized +56.1%

FAST FASTENAL CO 0.0%

Value ($000) $159 Shares 3,958 Est. Cost $31.98 Unrealized +31.4%

KLAC KLA CORP 0.0%

Value ($000) $265 Shares 218 Est. Cost $748.55 Unrealized +56.6%

LRCX LAM RESEARCH CORP 0.0%

Value ($000) $136 Shares 796 Est. Cost $78.85 Unrealized +97.0%

CSCO CISCO SYS INC 0.0%

Value ($000) $236 Shares 3,067 Est. Cost $60.38 Unrealized +22.2%

MU MICRON TECHNOLOGY INC 0.0%

Value ($000) $64 Shares 223 Est. Cost $110.41 Unrealized +107.7%

ORLY OREILLY AUTOMOTIVE INC 0.0%

Value ($000) $138 Shares 1,515 Est. Cost $90.59 Unrealized +7.8%

ABNB AIRBNB INC 0.0%

Value ($000) $233 Shares 1,715 Est. Cost $112.94 Unrealized +10.3%

ESS ESSEX PPTY TR INC 0.0%

Value ($000) $1,047 Shares 4,000 Est. Cost $192.97 Unrealized +32.8%

PH PARKER-HANNIFIN CORP 0.0%

Value ($000) $164 Shares 187 Est. Cost $628.26 Unrealized +30.2%

UNP UNION PAC CORP 0.0%

Value ($000) $985 Shares 4,259 Est. Cost $168.31 Unrealized +35.1%

T AT&T INC 0.0%

Value ($000) $155 Shares 6,234 Est. Cost $26.90 Unrealized -6.0%

NFGC NEW FOUND GOLD CORP 0.0%

Value ($000) $93 Shares 31,250 Est. Cost $7.35 Unrealized -66.6%

LYFT LYFT INC 0.0%

Value ($000) $118 Shares 6,099 Est. Cost $15.39 Unrealized +35.1%

SMMT SUMMIT THERAPEUTICS INC 0.0%

Value ($000) $87 Shares 5,000 Est. Cost $1.13 Unrealized +1563.2%

SO SOUTHERN CO 0.0%

Value ($000) $173 Shares 1,981 Est. Cost $87.96 Unrealized +3.3%

PANW PALO ALTO NETWORKS INC 0.0%

Value ($000) $140 Shares 760 Est. Cost $187.20 Unrealized +7.8%

MRSH MARSH & MCLENNAN COS INC 0.0%

Value ($000) $156 Shares 841 Est. Cost $223.19 Unrealized -16.5%

IEFA ISHARES TR 0.0%

Value ($000) $558 Shares 6,240 Est. Cost $83.48 Unrealized —

PLD PROLOGIS INC. 0.0%

Value ($000) $130 Shares 1,020 Est. Cost $107.33 Unrealized +15.4%

MKL MARKEL GROUP INC 0.0%

Value ($000) $114 Shares 53 Est. Cost $1875.20 Unrealized +8.0%

AJG GALLAGHER ARTHUR J & CO 0.0%

Value ($000) $51 Shares 197 Est. Cost $171.86 Unrealized +53.7%

TJX TJX COS INC NEW 0.0%

Value ($000) $170 Shares 1,104 Est. Cost $124.98 Unrealized +18.2%

NMAX NEWSMAX INC 0.0%

Value ($000) $16 Shares 2,120 Est. Cost $26.20 Unrealized -63.3%

ODFL OLD DOMINION FREIGHT LINE IN 0.0%

Value ($000) $95 Shares 606 Est. Cost $152.82 Unrealized -6.3%

DUK DUKE ENERGY CORP NEW 0.0%

Value ($000) $164 Shares 1,395 Est. Cost $115.40 Unrealized +5.3%

NDAQ NASDAQ INC 0.0%

Value ($000) $97 Shares 1,000 Est. Cost $79.16 Unrealized +13.4%

BK BANK NEW YORK MELLON CORP 0.0%

Value ($000) $139 Shares 1,199 Est. Cost $83.94 Unrealized +31.6%

CMI CUMMINS INC 0.0%

Value ($000) $48 Shares 95 Est. Cost $305.67 Unrealized +52.6%

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $51 Shares 88 Est. Cost $480.57 Unrealized +17.6%

EFX EQUIFAX INC 0.0%

Value ($000) $46 Shares 210 Est. Cost $191.11 Unrealized +14.4%

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $32 Shares 150 Est. Cost $161.38 Unrealized +39.2%

ABBV ABBVIE INC 0.0%

Value ($000) $857 Shares 3,751 Est. Cost $120.69 Unrealized +88.5%

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $150 Shares 508 Est. Cost $117.50 Unrealized +154.3%

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $168 Shares 582 Est. Cost $224.21 Unrealized +28.7%

ETHA ISHARES ETHEREUM TR 0.0%

Value ($000) $16 Shares 735 Est. Cost $31.51 Unrealized —

ALGN ALIGN TECHNOLOGY INC 0.0%

Value ($000) $33 Shares 211 Est. Cost $293.39 Unrealized -51.2%

GLD SPDR GOLD TR 0.0%

Value ($000) $63 Shares 159 Est. Cost $304.83 Unrealized —

VRT VERTIV HOLDINGS CO 0.0%

Value ($000) $94 Shares 579 Est. Cost $97.15 Unrealized +78.7%

CRWD CROWDSTRIKE HLDGS INC 0.0%

Value ($000) $134 Shares 286 Est. Cost $433.57 Unrealized +17.4%

RIVN RIVIAN AUTOMOTIVE INC 0.0%

Value ($000) $23 Shares 1,175 Est. Cost $20.61 Unrealized -23.0%

SHOP SHOPIFY INC 0.0%

Value ($000) $75 Shares 463 Est. Cost $100.02 Unrealized +60.5%

PRIM PRIMORIS SVCS CORP 0.0%

Value ($000) $54 Shares 431 Est. Cost $67.77 Unrealized +92.7%

GRBK GREEN BRICK PARTNERS INC 0.0%

Value ($000) $31 Shares 491 Est. Cost $59.27 Unrealized +11.2%

AMGN AMGEN INC 0.0%

Value ($000) $38 Shares 117 Est. Cost $217.87 Unrealized +45.0%

EME EMCOR GROUP INC 0.0%

Value ($000) $83 Shares 136 Est. Cost $440.85 Unrealized +46.9%

CDW CDW CORP 0.0%

Value ($000) $30 Shares 217 Est. Cost $168.13 Unrealized -12.5%

NOC NORTHROP GRUMMAN CORP 0.0%

Value ($000) $68 Shares 119 Est. Cost $486.10 Unrealized +19.1%

HYS PIMCO ETF TR 0.0%

Value ($000) $509 Shares 5,370 Est. Cost $91.55 Unrealized —

PODD INSULET CORP 0.0%

Value ($000) $46 Shares 163 Est. Cost $288.61 Unrealized +8.3%

PLSE PULSE BIOSCIENCES INC 0.0%

Value ($000) $14 Shares 1,000 Est. Cost $1.62 Unrealized +859.7%

POOL POOL CORP 0.0%

Value ($000) $9 Shares 41 Est. Cost $340.81 Unrealized -23.9%

ESE ESCO TECHNOLOGIES INC 0.0%

Value ($000) $40 Shares 205 Est. Cost $170.71 Unrealized +23.4%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $3,774 Shares 5 Est. Cost $227034.60 Unrealized +228.8%

BR BROADRIDGE FINL SOLUTIONS IN 0.0%

Value ($000) $44 Shares 199 Est. Cost $235.04 Unrealized -3.3%

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $200 Shares 594 Est. Cost $272.45 Unrealized +25.1%

VLO VALERO ENERGY CORP 0.0%

Value ($000) $56 Shares 341 Est. Cost $122.39 Unrealized +37.9%

A AGILENT TECHNOLOGIES INC 0.0%

Value ($000) $44 Shares 324 Est. Cost $124.76 Unrealized +15.2%

SF STIFEL FINL CORP 0.0%

Value ($000) $27 Shares 212 Est. Cost $91.11 Unrealized +31.3%

LOW LOWES COS INC 0.0%

Value ($000) $57 Shares 236 Est. Cost $221.08 Unrealized +8.5%

TKO TKO GROUP HOLDINGS INC 0.0%

Value ($000) $68 Shares 327 Est. Cost $159.12 Unrealized +21.8%

PWR QUANTA SVCS INC 0.0%

Value ($000) $127 Shares 300 Est. Cost $320.76 Unrealized +36.9%

CACI CACI INTL INC 0.0%

Value ($000) $35 Shares 65 Est. Cost $443.01 Unrealized +27.6%

NOBL PROSHARES TR 0.0%

Value ($000) $208 Shares 2,001 Est. Cost $93.18 Unrealized —

IR INGERSOLL RAND INC 0.0%

Value ($000) $50 Shares 631 Est. Cost $78.89 Unrealized +0.1%

APP APPLOVIN CORP 0.0%

Value ($000) $31 Shares 46 Est. Cost $324.21 Unrealized +94.4%

TRMB TRIMBLE INC 0.0%

Value ($000) $46 Shares 589 Est. Cost $67.26 Unrealized +18.5%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $31 Shares 180 Est. Cost $174.69 Unrealized -2.3%

HWM HOWMET AEROSPACE INC 0.0%

Value ($000) $43 Shares 208 Est. Cost $153.62 Unrealized +29.5%

HASI HA SUSTAINABLE INFRA CAP INC 0.0%

Value ($000) $75 Shares 2,390 Est. Cost $23.79 Unrealized +30.7%

LPLA LPL FINL HLDGS INC 0.0%

Value ($000) $25 Shares 70 Est. Cost $350.35 Unrealized +1.0%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $26 Shares 330 Est. Cost $68.85 Unrealized +19.8%

IVV ISHARES TR 0.0%

Value ($000) $68 Shares 100 Est. Cost $525.73 Unrealized —

SGI SOMNIGROUP INTERNATIONAL INC 0.0%

Value ($000) $28 Shares 309 Est. Cost $62.92 Unrealized +38.8%

LII LENNOX INTL INC 0.0%

Value ($000) $17 Shares 34 Est. Cost $554.73 Unrealized -9.9%

SNAP SNAP INC 0.0%

Value ($000) $32 Shares 4,000 Est. Cost $11.27 Unrealized -29.8%

RS RELIANCE INC 0.0%

Value ($000) $50 Shares 174 Est. Cost $183.74 Unrealized +52.9%

VRTX VERTEX PHARMACEUTICALS INC 0.0%

Value ($000) $10 Shares 21 Est. Cost $460.83 Unrealized -6.5%

GFF GRIFFON CORP 0.0%

Value ($000) $38 Shares 512 Est. Cost $69.17 Unrealized +7.3%

CME CME GROUP INC 0.0%

Value ($000) $105 Shares 384 Est. Cost $268.14 Unrealized +1.0%

CASY CASEYS GEN STORES INC 0.0%

Value ($000) $49 Shares 88 Est. Cost $459.22 Unrealized +19.7%

MMM 3M CO 0.0%

Value ($000) $34 Shares 215 Est. Cost $153.11 Unrealized +6.6%

TRV TRAVELERS COMPANIES INC 0.0%

Value ($000) $28 Shares 96 Est. Cost $259.90 Unrealized +8.0%

EXLS EXLSERVICE HOLDINGS INC 0.0%

Value ($000) $23 Shares 550 Est. Cost $45.70 Unrealized -10.5%

CSL CARLISLE COS INC 0.0%

Value ($000) $31 Shares 96 Est. Cost $367.43 Unrealized -12.2%

ISTB ISHARES TR 0.0%

Value ($000) $439 Shares 9,000 Est. Cost $46.94 Unrealized —

RBA RB GLOBAL INC 0.0%

Value ($000) $15 Shares 145 Est. Cost $102.51 Unrealized -0.9%

EQT EQT CORP 0.0%

Value ($000) $49 Shares 921 Est. Cost $53.54 Unrealized +4.8%

PEP PEPSICO INC 0.0%

Value ($000) $33 Shares 230 Est. Cost $155.88 Unrealized -6.4%

SSNC SS&C TECHNOLOGIES HLDGS INC 0.0%

Value ($000) $42 Shares 478 Est. Cost $78.61 Unrealized +8.5%

AZZ AZZ INC 0.0%

Value ($000) $34 Shares 313 Est. Cost $87.71 Unrealized +17.9%

MLM MARTIN MARIETTA MATLS INC 0.0%

Value ($000) $42 Shares 68 Est. Cost $526.61 Unrealized +18.0%

ETR ENTERGY CORP NEW 0.0%

Value ($000) $58 Shares 626 Est. Cost $81.28 Unrealized +16.3%

HEI HEICO CORP NEW 0.0%

Value ($000) $172 Shares 531 Est. Cost $168.38 Unrealized +87.7%

EVR EVERCORE INC 0.0%

Value ($000) $41 Shares 120 Est. Cost $218.31 Unrealized +47.0%

VXF VANGUARD INDEX FDS 0.0%

Value ($000) $98 Shares 471 Est. Cost $176.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRO	BROWN & BROWN INC	425,746	$33,932	1.4%	$71.83	+16.1%	COM	115236101
PGR	PROGRESSIVE CORP	151,278	$34,449	1.5%	$82.44	+157.6%	COM	743315103
CRM	SALESFORCE INC	97,748	$25,894	1.1%	$277.82	-10.7%	COM	79466L302
V	VISA INC	141,242	$49,535	2.1%	$174.56	+95.0%	COM CL A	92826C839
—	CABLE ONE INC	70,305,000	$69,426	2.9%	$0.95	—	NOTE 3/1	12685JAE5
—	HAEMONETICS CORP MASS	48,570,000	$48,206	2.0%	$0.91	—	NOTE 3/0	405024AB6
ADSK	AUTODESK INC	14,000	$4,144	0.2%	$200.68	+50.8%	COM	052769106
AX	AXOS FINANCIAL INC	142,685	$12,294	0.5%	$75.44	+9.2%	COM	05465C100
FICO	FAIR ISAAC CORP	1,292	$2,184	0.1%	$1292.47	+33.2%	COM	303250104
—	ZIFF DAVIS INC	10,595,000	$10,383	0.4%	$0.94	—	NOTE 1.750%11/0	48123VAE2
WDAY	WORKDAY INC	6,000	$1,289	0.1%	$245.57	-7.5%	CL A	98138H101
—	ETSY INC	7,750,000	$6,942	0.3%	$0.74	—	NOTE 0.250% 6/1	29786AAN6
EPD	ENTERPRISE PRODS PARTNERS L	87,815	$2,815	0.1%	$23.97	—	COM	293792107
AXP	AMERICAN EXPRESS CO	1,525	$564	0.0%	$213.10	+67.5%	COM	025816109
PLTR	PALANTIR TECHNOLOGIES INC	9,202	$1,636	0.1%	$24.85	+628.4%	CL A	69608A108
WRB	BERKLEY W R CORP	6,331	$444	0.0%	$45.14	+61.1%	COM	084423102
WFC	WELLS FARGO CO NEW	4,307	$401	0.0%	$55.50	+56.1%	COM	949746101
FAST	FASTENAL CO	3,958	$159	0.0%	$31.98	+31.4%	COM	311900104
KLAC	KLA CORP	218	$265	0.0%	$748.55	+56.6%	COM NEW	482480100
LRCX	LAM RESEARCH CORP	796	$136	0.0%	$78.85	+97.0%	COM NEW	512807306
CSCO	CISCO SYS INC	3,067	$236	0.0%	$60.38	+22.2%	COM	17275R102
MU	MICRON TECHNOLOGY INC	223	$64	0.0%	$110.41	+107.7%	COM	595112103
ORLY	OREILLY AUTOMOTIVE INC	1,515	$138	0.0%	$90.59	+7.8%	COM	67103H107
ABNB	AIRBNB INC	1,715	$233	0.0%	$112.94	+10.3%	COM CL A	009066101
ESS	ESSEX PPTY TR INC	4,000	$1,047	0.0%	$192.97	+32.8%	COM	297178105
PH	PARKER-HANNIFIN CORP	187	$164	0.0%	$628.26	+30.2%	COM	701094104
UNP	UNION PAC CORP	4,259	$985	0.0%	$168.31	+35.1%	COM	907818108
T	AT&T INC	6,234	$155	0.0%	$26.90	-6.0%	COM	00206R102
NFGC	NEW FOUND GOLD CORP	31,250	$93	0.0%	$7.35	-66.6%	COM	64440N103
LYFT	LYFT INC	6,099	$118	0.0%	$15.39	+35.1%	CL A COM	55087P104
SMMT	SUMMIT THERAPEUTICS INC	5,000	$87	0.0%	$1.13	+1563.2%	COM	86627T108
SO	SOUTHERN CO	1,981	$173	0.0%	$87.96	+3.3%	COM	842587107
PANW	PALO ALTO NETWORKS INC	760	$140	0.0%	$187.20	+7.8%	COM	697435105
MRSH	MARSH & MCLENNAN COS INC	841	$156	0.0%	$223.19	-16.5%	COM	571748102
IEFA	ISHARES TR	6,240	$558	0.0%	$83.48	—	CORE MSCI EAFE	46432F842
PLD	PROLOGIS INC.	1,020	$130	0.0%	$107.33	+15.4%	COM	74340W103
MKL	MARKEL GROUP INC	53	$114	0.0%	$1875.20	+8.0%	COM	570535104
AJG	GALLAGHER ARTHUR J & CO	197	$51	0.0%	$171.86	+53.7%	COM	363576109
TJX	TJX COS INC NEW	1,104	$170	0.0%	$124.98	+18.2%	COM	872540109
NMAX	NEWSMAX INC	2,120	$16	0.0%	$26.20	-63.3%	COM SHS CLASS B	65250K105
ODFL	OLD DOMINION FREIGHT LINE IN	606	$95	0.0%	$152.82	-6.3%	COM	679580100
DUK	DUKE ENERGY CORP NEW	1,395	$164	0.0%	$115.40	+5.3%	COM NEW	26441C204
NDAQ	NASDAQ INC	1,000	$97	0.0%	$79.16	+13.4%	COM	631103108
BK	BANK NEW YORK MELLON CORP	1,199	$139	0.0%	$83.94	+31.6%	COM	064058100
CMI	CUMMINS INC	95	$48	0.0%	$305.67	+52.6%	COM	231021106
TMO	THERMO FISHER SCIENTIFIC INC	88	$51	0.0%	$480.57	+17.6%	COM	883556102
EFX	EQUIFAX INC	210	$46	0.0%	$191.11	+14.4%	COM	294429105
AMD	ADVANCED MICRO DEVICES INC	150	$32	0.0%	$161.38	+39.2%	COM	007903107
ABBV	ABBVIE INC	3,751	$857	0.0%	$120.69	+88.5%	COM	00287Y109
IBM	INTERNATIONAL BUSINESS MACHS	508	$150	0.0%	$117.50	+154.3%	COM	459200101
NSC	NORFOLK SOUTHN CORP	582	$168	0.0%	$224.21	+28.7%	COM	655844108
ETHA	ISHARES ETHEREUM TR	735	$16	0.0%	$31.51	—	SHS	46438R105
ALGN	ALIGN TECHNOLOGY INC	211	$33	0.0%	$293.39	-51.2%	COM	016255101
GLD	SPDR GOLD TR	159	$63	0.0%	$304.83	—	GOLD SHS	78463V107
VRT	VERTIV HOLDINGS CO	579	$94	0.0%	$97.15	+78.7%	COM CL A	92537N108
CRWD	CROWDSTRIKE HLDGS INC	286	$134	0.0%	$433.57	+17.4%	CL A	22788C105
RIVN	RIVIAN AUTOMOTIVE INC	1,175	$23	0.0%	$20.61	-23.0%	COM CL A	76954A103
SHOP	SHOPIFY INC	463	$75	0.0%	$100.02	+60.5%	CL A SUB VTG SHS	82509L107
PRIM	PRIMORIS SVCS CORP	431	$54	0.0%	$67.77	+92.7%	COM	74164F103
GRBK	GREEN BRICK PARTNERS INC	491	$31	0.0%	$59.27	+11.2%	COM	392709101
AMGN	AMGEN INC	117	$38	0.0%	$217.87	+45.0%	COM	031162100
EME	EMCOR GROUP INC	136	$83	0.0%	$440.85	+46.9%	COM	29084Q100
CDW	CDW CORP	217	$30	0.0%	$168.13	-12.5%	COM	12514G108
NOC	NORTHROP GRUMMAN CORP	119	$68	0.0%	$486.10	+19.1%	COM	666807102
HYS	PIMCO ETF TR	5,370	$509	0.0%	$91.55	—	0-5 HIGH YIELD	72201R783
PODD	INSULET CORP	163	$46	0.0%	$288.61	+8.3%	COM	45784P101
PLSE	PULSE BIOSCIENCES INC	1,000	$14	0.0%	$1.62	+859.7%	COM	74587B101
POOL	POOL CORP	41	$9	0.0%	$340.81	-23.9%	COM	73278L105
ESE	ESCO TECHNOLOGIES INC	205	$40	0.0%	$170.71	+23.4%	COM	296315104
BRK/A	BERKSHIRE HATHAWAY INC DEL	5	$3,774	0.2%	$227034.60	+228.8%	CL A	084670108
BR	BROADRIDGE FINL SOLUTIONS IN	199	$44	0.0%	$235.04	-3.3%	COM	11133T103
GD	GENERAL DYNAMICS CORP	594	$200	0.0%	$272.45	+25.1%	COM	369550108
VLO	VALERO ENERGY CORP	341	$56	0.0%	$122.39	+37.9%	COM	91913Y100
A	AGILENT TECHNOLOGIES INC	324	$44	0.0%	$124.76	+15.2%	COM	00846U101
SF	STIFEL FINL CORP	212	$27	0.0%	$91.11	+31.3%	COM	860630102
LOW	LOWES COS INC	236	$57	0.0%	$221.08	+8.5%	COM	548661107
TKO	TKO GROUP HOLDINGS INC	327	$68	0.0%	$159.12	+21.8%	CL A	87256C101
PWR	QUANTA SVCS INC	300	$127	0.0%	$320.76	+36.9%	COM	74762E102
CACI	CACI INTL INC	65	$35	0.0%	$443.01	+27.6%	CL A	127190304
NOBL	PROSHARES TR	2,001	$208	0.0%	$93.18	—	S&P 500 DV ARIST	74348A467
IR	INGERSOLL RAND INC	631	$50	0.0%	$78.89	+0.1%	COM	45687V106
APP	APPLOVIN CORP	46	$31	0.0%	$324.21	+94.4%	COM CL A	03831W108
TRMB	TRIMBLE INC	589	$46	0.0%	$67.26	+18.5%	COM	896239100
TXN	TEXAS INSTRS INC	180	$31	0.0%	$174.69	-2.3%	COM	882508104
HWM	HOWMET AEROSPACE INC	208	$43	0.0%	$153.62	+29.5%	COM	443201108
HASI	HA SUSTAINABLE INFRA CAP INC	2,390	$75	0.0%	$23.79	+30.7%	COM	41068X100
LPLA	LPL FINL HLDGS INC	70	$25	0.0%	$350.35	+1.0%	COM	50212V100
NEE	NEXTERA ENERGY INC	330	$26	0.0%	$68.85	+19.8%	COM	65339F101
IVV	ISHARES TR	100	$68	0.0%	$525.73	—	CORE S&P500 ETF	464287200
SGI	SOMNIGROUP INTERNATIONAL INC	309	$28	0.0%	$62.92	+38.8%	COM	88023U101
LII	LENNOX INTL INC	34	$17	0.0%	$554.73	-9.9%	COM	526107107
SNAP	SNAP INC	4,000	$32	0.0%	$11.27	-29.8%	CL A	83304A106
RS	RELIANCE INC	174	$50	0.0%	$183.74	+52.9%	COM	759509102
VRTX	VERTEX PHARMACEUTICALS INC	21	$10	0.0%	$460.83	-6.5%	COM	92532F100
GFF	GRIFFON CORP	512	$38	0.0%	$69.17	+7.3%	COM	398433102
CME	CME GROUP INC	384	$105	0.0%	$268.14	+1.0%	COM	12572Q105
CASY	CASEYS GEN STORES INC	88	$49	0.0%	$459.22	+19.7%	COM	147528103
MMM	3M CO	215	$34	0.0%	$153.11	+6.6%	COM	88579Y101
TRV	TRAVELERS COMPANIES INC	96	$28	0.0%	$259.90	+8.0%	COM	89417E109
EXLS	EXLSERVICE HOLDINGS INC	550	$23	0.0%	$45.70	-10.5%	COM	302081104
CSL	CARLISLE COS INC	96	$31	0.0%	$367.43	-12.2%	COM	142339100
ISTB	ISHARES TR	9,000	$439	0.0%	$46.94	—	CORE 1 5 YR USD	46432F859
RBA	RB GLOBAL INC	145	$15	0.0%	$102.51	-0.9%	COM	74935Q107
EQT	EQT CORP	921	$49	0.0%	$53.54	+4.8%	COM	26884L109
PEP	PEPSICO INC	230	$33	0.0%	$155.88	-6.4%	COM	713448108
SSNC	SS&C TECHNOLOGIES HLDGS INC	478	$42	0.0%	$78.61	+8.5%	COM	78467J100
AZZ	AZZ INC	313	$34	0.0%	$87.71	+17.9%	COM	002474104
MLM	MARTIN MARIETTA MATLS INC	68	$42	0.0%	$526.61	+18.0%	COM	573284106
ETR	ENTERGY CORP NEW	626	$58	0.0%	$81.28	+16.3%	COM	29364G103
HEI	HEICO CORP NEW	531	$172	0.0%	$168.38	+87.7%	COM	422806109
EVR	EVERCORE INC	120	$41	0.0%	$218.31	+47.0%	CLASS A	29977A105
VXF	VANGUARD INDEX FDS	471	$98	0.0%	$176.90	—	EXTEND MKT ETF	922908652