EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC Diversified Active

CIK: 0001080382 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 5, 2026

Total Value ($000): $890 (92.8% shares, 7.2% debt)

Holdings (112)

New Positions (5)

CMCSA COMCAST CORP NEW 3.7%

Value ($000) $33 Shares 1,096,434 Est. Cost $28.53 Unrealized 0.0%

— SPECTRUM BRANDS INC 0.5%

Value ($000) $5 Shares 5,000,000 Est. Cost $0.00 Unrealized —

AFG AMERICAN FINL GROUP INC OHIO 0.1%

Value ($000) $1 Shares 3,876 Est. Cost $133.59 Unrealized 0.0%

LLY ELI LILLY & CO 0.0%

Value ($000) $0 Shares 242 Est. Cost $955.55 Unrealized 0.0%

CMI CUMMINS INC 0.0%

Value ($000) $0 Shares 400 Est. Cost $466.32 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMCSA	COMCAST CORP NEW	1,096,434	$33	3.7%	$28.53	0.0%	Common	20030N101
—	SPECTRUM BRANDS INC	5,000,000	$5	0.5%	$0.00	—	Conv Bond	84762LAZ8
AFG	AMERICAN FINL GROUP INC OHIO	3,876	$1	0.1%	$133.59	0.0%	Common	025932104
LLY	ELI LILLY & CO	242	$0	0.0%	$955.55	0.0%	Common	532457108
CMI	CUMMINS INC	400	$0	0.0%	$466.32	0.0%	Common	231021106

Increased Positions (20)

FISV FISERV INC 1.8%

Value ($000) $16 (+3055.7%) Shares 235,367 (+5953.7%) Est. Cost $84.85 Unrealized -1.2%

MOAT VANECK ETF TRUST 1.8%

Value ($000) $16 (+151.2%) Shares 152,891 (+140.4%) Est. Cost $9.99 Unrealized —

PYPL PAYPAL HLDGS INC 3.2%

Value ($000) $29 (-8.9%) Shares 494,520 (+4.7%) Est. Cost $65.16 Unrealized -0.5%

BN BROOKFIELD CORP 4.9%

Value ($000) $43 (-3.1%) Shares 941,818 (+44.8%) Est. Cost $29.26 Unrealized +55.7%

CAT CATERPILLAR INC 0.1%

Value ($000) $1 (+72.4%) Shares 1,015 (+43.6%) Est. Cost $359.28 Unrealized +54.6%

IVV ISHARES TR 0.1%

Value ($000) $1 (+50.9%) Shares 1,013 (+47.5%) Est. Cost $93.43 Unrealized —

HD HOME DEPOT INC 0.1%

Value ($000) $1 (-14.0%) Shares 2,130 (+1.3%) Est. Cost $322.16 Unrealized +13.2%

ORCL ORACLE CORP 0.0%

Value ($000) $0 (-22.9%) Shares 2,000 (+11.1%) Est. Cost $124.92 Unrealized +90.6%

ADBE ADOBE INC 0.1%

Value ($000) $1 (+7.5%) Shares 3,514 (+8.4%) Est. Cost $370.96 Unrealized -8.3%

AVGO BROADCOM INC 0.1%

Value ($000) $1 (+7.0%) Shares 2,560 (+2.0%) Est. Cost $167.57 Unrealized +113.0%

IGSB ISHARES TR 0.8%

Value ($000) $7 (+0.8%) Shares 129,146 (+1.1%) Est. Cost $55.18 Unrealized —

GEV GE VERNOVA INC 0.0%

Value ($000) $0 (+14.0%) Shares 586 (+7.3%) Est. Cost $435.62 Unrealized +39.8%

USB US BANCORP DEL 0.0%

Value ($000) $0 (+11.5%) Shares 6,722 (+1.0%) Est. Cost $46.38 Unrealized +5.1%

INTU INTUIT 0.0%

Value ($000) $0 (+9.0%) Shares 474 (+12.6%) Est. Cost $712.87 Unrealized -7.3%

MCD MCDONALDS CORP 0.0%

Value ($000) $0 (+5.1%) Shares 1,345 (+4.4%) Est. Cost $201.14 Unrealized +51.7%

DE DEERE & CO 0.1%

Value ($000) $0 (+3.5%) Shares 965 (+1.6%) Est. Cost $489.29 Unrealized -4.4%

MMM 3M CO 0.0%

Value ($000) $0 (+5.5%) Shares 1,678 (+2.2%) Est. Cost $120.09 Unrealized +35.9%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $0 (-2.5%) Shares 1,186 (+1.9%) Est. Cost $328.67 Unrealized +2.6%

XLK SELECT SECTOR SPDR TR 0.0%

Value ($000) $0 (+2.3%) Shares 1,854 (+100.0%) Est. Cost $0.20 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value ($000) $0 (0.0%) Shares 2,407 (+2.6%) Est. Cost $118.87 Unrealized +52.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	235,367 (+5953.7%)	$16 (+3055.7%)	1.8%	$84.85	-1.2%	Common	337738108
MOAT	VANECK ETF TRUST	152,891 (+140.4%)	$16 (+151.2%)	1.8%	$9.99	—	ETF	92189F643
PYPL	PAYPAL HLDGS INC	494,520 (+4.7%)	$29 (-8.9%)	3.2%	$65.16	-0.5%	Common	70450Y103
BN	BROOKFIELD CORP	941,818 (+44.8%)	$43 (-3.1%)	4.9%	$29.26	+55.7%	Common	11271J107
CAT	CATERPILLAR INC	1,015 (+43.6%)	$1 (+72.4%)	0.1%	$359.28	+54.6%	Common	149123101
IVV	ISHARES TR	1,013 (+47.5%)	$1 (+50.9%)	0.1%	$93.43	—	ETF	464287200
HD	HOME DEPOT INC	2,130 (+1.3%)	$1 (-14.0%)	0.1%	$322.16	+13.2%	Common	437076102
ORCL	ORACLE CORP	2,000 (+11.1%)	$0 (-22.9%)	0.0%	$124.92	+90.6%	Common	68389X105
ADBE	ADOBE INC	3,514 (+8.4%)	$1 (+7.5%)	0.1%	$370.96	-8.3%	Common	00724F101
AVGO	BROADCOM INC	2,560 (+2.0%)	$1 (+7.0%)	0.1%	$167.57	+113.0%	Common	11135F101
IGSB	ISHARES TR	129,146 (+1.1%)	$7 (+0.8%)	0.8%	$55.18	—	ETF	464288646
GEV	GE VERNOVA INC	586 (+7.3%)	$0 (+14.0%)	0.0%	$435.62	+39.8%	Common	36828A101
USB	US BANCORP DEL	6,722 (+1.0%)	$0 (+11.5%)	0.0%	$46.38	+5.1%	Common	902973304
INTU	INTUIT	474 (+12.6%)	$0 (+9.0%)	0.0%	$712.87	-7.3%	Common	461202103
MCD	MCDONALDS CORP	1,345 (+4.4%)	$0 (+5.1%)	0.0%	$201.14	+51.7%	Common	580135101
DE	DEERE & CO	965 (+1.6%)	$0 (+3.5%)	0.1%	$489.29	-4.4%	Common	244199105
MMM	3M CO	1,678 (+2.2%)	$0 (+5.5%)	0.0%	$120.09	+35.9%	Common	88579Y101
UNH	UNITEDHEALTH GROUP INC	1,186 (+1.9%)	$0 (-2.5%)	0.0%	$328.67	+2.6%	Common	91324P102
XLK	SELECT SECTOR SPDR TR	1,854 (+100.0%)	$0 (+2.3%)	0.0%	$0.20	—	ETF	81369Y803
PLTR	PALANTIR TECHNOLOGIES INC	2,407 (+2.6%)	$0 (0.0%)	0.0%	$118.87	+52.3%	Common	69608A108

Exited Positions (3)

— JBT MAREL CORPORATION 0.6%

Value ($000) $5 Shares 5,000,000 Est. Cost $0.00 Unrealized —

— XEROX HOLDINGS CORP 0.3%

Value ($000) $3 Shares 6,000,000 Est. Cost $0.00 Unrealized —

MO ALTRIA GROUP INC 0.0%

Value ($000) $0 Shares 3,301 Est. Cost $61.42 Unrealized -3.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	JBT MAREL CORPORATION	5,000,000	$5	0.6%	$0.00	—	—	477839AB0
—	XEROX HOLDINGS CORP	6,000,000	$3	0.3%	$0.00	—	—	98421MAE6
MO	ALTRIA GROUP INC	3,301	$0	0.0%	$61.42	-3.3%	—	02209S103

Decreased Positions (25)

GTX GARRETT MOTION INC 5.4%

Value ($000) $48 (+23.6%) Shares 2,778,282 (-3.4%) Est. Cost $8.92 Unrealized +78.5%

FMC FMC CORP 0.6%

Value ($000) $5 (-63.6%) Shares 368,575 (-11.7%) Est. Cost $41.96 Unrealized -54.8%

JNJ JOHNSON & JOHNSON 2.0%

Value ($000) $17 (-33.8%) Shares 84,114 (-40.7%) Est. Cost $118.77 Unrealized +65.9%

GNTX GENTEX CORP 2.2%

Value ($000) $20 (-22.5%) Shares 838,323 (-5.8%) Est. Cost $28.14 Unrealized -14.3%

PII POLARIS INC 2.4%

Value ($000) $22 (-19.2%) Shares 343,579 (-25.7%) Est. Cost $60.16 Unrealized +9.5%

CNH CNH INDL N V 1.9%

Value ($000) $17 (-21.9%) Shares 1,843,896 (-8.2%) Est. Cost $11.47 Unrealized -13.0%

ZBH ZIMMER BIOMET HOLDINGS INC 2.8%

Value ($000) $25 (-14.7%) Shares 273,475 (-6.6%) Est. Cost $111.23 Unrealized -15.0%

WBD WARNER BROS DISCOVERY INC 5.4%

Value ($000) $48 (+8.2%) Shares 1,669,261 (-26.7%) Est. Cost $13.06 Unrealized +78.9%

KMX CARMAX INC 1.7%

Value ($000) $15 (-18.9%) Shares 382,955 (-5.8%) Est. Cost $76.18 Unrealized -47.5%

SLB SLB LIMITED 2.8%

Value ($000) $25 (+10.5%) Shares 656,205 (-1.0%) Est. Cost $37.61 Unrealized -4.1%

BF/B BROWN FORMAN CORP 2.5%

Value ($000) $23 (-7.6%) Shares 865,461 (-4.0%) Est. Cost $38.18 Unrealized -26.7%

GOOGL ALPHABET INC 2.1%

Value ($000) $18 (-5.9%) Shares 58,573 (-26.9%) Est. Cost $124.46 Unrealized +129.5%

L LOEWS CORP 3.0%

Value ($000) $27 (+2.7%) Shares 254,038 (-2.1%) Est. Cost $46.39 Unrealized +122.5%

CNR CORE NATURAL RESOURCES INC 1.5%

Value ($000) $13 (+4.9%) Shares 149,028 (-1.1%) Est. Cost $79.70 Unrealized +6.9%

CSCO CISCO SYS INC 0.1%

Value ($000) $1 (-47.1%) Shares 7,196 (-53.0%) Est. Cost $37.79 Unrealized +95.3%

MDT MEDTRONIC PLC 3.5%

Value ($000) $32 (-1.4%) Shares 328,225 (-2.3%) Est. Cost $74.85 Unrealized +29.8%

IFF INTERNATIONAL FLAVORS&FRAGRA 3.2%

Value ($000) $28 (+1.5%) Shares 421,850 (-7.3%) Est. Cost $71.17 Unrealized -9.5%

AMGN AMGEN INC 0.2%

Value ($000) $1 (+12.8%) Shares 4,293 (-2.8%) Est. Cost $286.59 Unrealized +10.2%

EL LAUDER ESTEE COS INC 0.1%

Value ($000) $1 (+13.9%) Shares 10,639 (-4.1%) Est. Cost $69.37 Unrealized +39.6%

JPM JPMORGAN CHASE & CO. 0.1%

Value ($000) $1 (-9.1%) Shares 3,406 (-11.0%) Est. Cost $112.13 Unrealized +176.1%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $1 (-13.8%) Shares 772 (-22.0%) Est. Cost $215.63 Unrealized +277.2%

KVUE KENVUE INC 2.5%

Value ($000) $22 (+0.5%) Shares 1,297,059 (-5.5%) Est. Cost $20.43 Unrealized -20.4%

JCI JOHNSON CTLS INTL PLC 0.1%

Value ($000) $1 (-14.9%) Shares 5,003 (-21.9%) Est. Cost $56.37 Unrealized +103.7%

HSY HERSHEY CO 0.1%

Value ($000) $1 (-6.1%) Shares 5,447 (-3.4%) Est. Cost $165.00 Unrealized +10.4%

ABBV ABBVIE INC 0.0%

Value ($000) $0 (-4.2%) Shares 1,000 (-2.6%) Est. Cost $201.95 Unrealized +12.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GTX	GARRETT MOTION INC	2,778,282 (-3.4%)	$48 (+23.6%)	5.4%	$8.92	+78.5%	Common	366505105
FMC	FMC CORP	368,575 (-11.7%)	$5 (-63.6%)	0.6%	$41.96	-54.8%	Common	302491303
JNJ	JOHNSON & JOHNSON	84,114 (-40.7%)	$17 (-33.8%)	2.0%	$118.77	+65.9%	Common	478160104
GNTX	GENTEX CORP	838,323 (-5.8%)	$20 (-22.5%)	2.2%	$28.14	-14.3%	Common	371901109
PII	POLARIS INC	343,579 (-25.7%)	$22 (-19.2%)	2.4%	$60.16	+9.5%	Common	731068102
CNH	CNH INDL N V	1,843,896 (-8.2%)	$17 (-21.9%)	1.9%	$11.47	-13.0%	Common	N20944109
ZBH	ZIMMER BIOMET HOLDINGS INC	273,475 (-6.6%)	$25 (-14.7%)	2.8%	$111.23	-15.0%	Common	98956P102
WBD	WARNER BROS DISCOVERY INC	1,669,261 (-26.7%)	$48 (+8.2%)	5.4%	$13.06	+78.9%	Common	934423104
KMX	CARMAX INC	382,955 (-5.8%)	$15 (-18.9%)	1.7%	$76.18	-47.5%	Common	143130102
SLB	SLB LIMITED	656,205 (-1.0%)	$25 (+10.5%)	2.8%	$37.61	-4.1%	Common	806857108
BF/B	BROWN FORMAN CORP	865,461 (-4.0%)	$23 (-7.6%)	2.5%	$38.18	-26.7%	Common	115637209
GOOGL	ALPHABET INC	58,573 (-26.9%)	$18 (-5.9%)	2.1%	$124.46	+129.5%	Common	02079K305
L	LOEWS CORP	254,038 (-2.1%)	$27 (+2.7%)	3.0%	$46.39	+122.5%	Common	540424108
CNR	CORE NATURAL RESOURCES INC	149,028 (-1.1%)	$13 (+4.9%)	1.5%	$79.70	+6.9%	Common	218937100
CSCO	CISCO SYS INC	7,196 (-53.0%)	$1 (-47.1%)	0.1%	$37.79	+95.3%	Common	17275R102
MDT	MEDTRONIC PLC	328,225 (-2.3%)	$32 (-1.4%)	3.5%	$74.85	+29.8%	Common	G5960L103
IFF	INTERNATIONAL FLAVORS&FRAGRA	421,850 (-7.3%)	$28 (+1.5%)	3.2%	$71.17	-9.5%	Common	459506101
AMGN	AMGEN INC	4,293 (-2.8%)	$1 (+12.8%)	0.2%	$286.59	+10.2%	Common	031162100
EL	LAUDER ESTEE COS INC	10,639 (-4.1%)	$1 (+13.9%)	0.1%	$69.37	+39.6%	Common	518439104
JPM	JPMORGAN CHASE & CO.	3,406 (-11.0%)	$1 (-9.1%)	0.1%	$112.13	+176.1%	Common	46625H100
GS	GOLDMAN SACHS GROUP INC	772 (-22.0%)	$1 (-13.8%)	0.1%	$215.63	+277.2%	Common	38141G104
KVUE	KENVUE INC	1,297,059 (-5.5%)	$22 (+0.5%)	2.5%	$20.43	-20.4%	Common	49177J102
JCI	JOHNSON CTLS INTL PLC	5,003 (-21.9%)	$1 (-14.9%)	0.1%	$56.37	+103.7%	Common	G51502105
HSY	HERSHEY CO	5,447 (-3.4%)	$1 (-6.1%)	0.1%	$165.00	+10.4%	Common	427866108
ABBV	ABBVIE INC	1,000 (-2.6%)	$0 (-4.2%)	0.0%	$201.95	+12.7%	Common	00287Y109

Unchanged Positions (62)

ETSY ETSY INC 2.5%

Value ($000) $22 Shares 398,886 Est. Cost $90.98 Unrealized -32.9%

NEU NEWMARKET CORP 1.5%

Value ($000) $14 Shares 19,734 Est. Cost $765.22 Unrealized -0.6%

IQV IQVIA HLDGS INC 1.9%

Value ($000) $17 Shares 74,844 Est. Cost $181.84 Unrealized +19.7%

VNT VONTIER CORPORATION 2.0%

Value ($000) $18 Shares 475,906 Est. Cost $30.16 Unrealized +26.9%

CNX CNX RES CORP 1.7%

Value ($000) $15 Shares 408,557 Est. Cost $14.59 Unrealized +145.5%

WFC WELLS FARGO CO NEW 2.1%

Value ($000) $18 Shares 197,348 Est. Cost $32.01 Unrealized +170.6%

FTV FORTIVE CORP 1.5%

Value ($000) $14 Shares 247,657 Est. Cost $50.44 Unrealized +2.8%

MSFT MICROSOFT CORP 1.9%

Value ($000) $17 Shares 34,720 Est. Cost $143.64 Unrealized +248.5%

LMT LOCKHEED MARTIN CORP 2.2%

Value ($000) $19 Shares 39,863 Est. Cost $351.17 Unrealized +35.6%

— LYFT INC 0.8%

Value ($000) $7 Shares 6,000,000 Est. Cost $0.00 Unrealized —

— PATRICK INDS INC 0.8%

Value ($000) $7 Shares 4,000,000 Est. Cost $0.00 Unrealized —

SFBS SERVISFIRST BANCSHARES INC 0.3%

Value ($000) $2 Shares 32,950 Est. Cost $48.12 Unrealized +51.7%

— WINNEBAGO INDS INC 0.6%

Value ($000) $6 Shares 6,000,000 Est. Cost $0.00 Unrealized —

DIS DISNEY WALT CO 3.5%

Value ($000) $31 Shares 274,190 Est. Cost $103.96 Unrealized +5.4%

PRK PARK NATL CORP 0.4%

Value ($000) $3 Shares 22,823 Est. Cost $95.23 Unrealized +65.3%

MRK MERCK & CO INC 0.1%

Value ($000) $1 Shares 8,384 Est. Cost $71.84 Unrealized +29.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 4.3%

Value ($000) $38 Shares 75,842 Est. Cost $202.18 Unrealized +146.1%

AAPL APPLE INC 0.2%

Value ($000) $2 Shares 8,068 Est. Cost $136.72 Unrealized +96.3%

— FORD MTR CO 0.6%

Value ($000) $5 Shares 5,000,000 Est. Cost $0.55 Unrealized —

— GLOBAL PMTS INC 0.6%

Value ($000) $5 Shares 6,000,000 Est. Cost $0.00 Unrealized —

— TRIPADVISOR INC 0.7%

Value ($000) $6 Shares 6,000,000 Est. Cost $0.00 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $1 Shares 7,124 Est. Cost $116.03 Unrealized +26.8%

— AIRBNB INC 0.7%

Value ($000) $6 Shares 6,000,000 Est. Cost $0.83 Unrealized —

NRP NATURAL RESOURCE PARTNERS L 1.4%

Value ($000) $12 Shares 117,500 Est. Cost $0.09 Unrealized —

LNC LINCOLN NATL CORP IND 0.1%

Value ($000) $1 Shares 15,673 Est. Cost $43.62 Unrealized -5.6%

BABA ALIBABA GROUP HLDG LTD 0.0%

Value ($000) $0 Shares 2,032 Est. Cost $0.13 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $1 Shares 8,698 Est. Cost $66.55 Unrealized +73.5%

JKHY HENRY JACK & ASSOC INC 0.0%

Value ($000) $0 Shares 1,770 Est. Cost $165.03 Unrealized +0.7%

— BENTLEY SYS INC 0.6%

Value ($000) $5 Shares 5,000,000 Est. Cost $0.83 Unrealized —

ZTS ZOETIS INC 0.0%

Value ($000) $0 Shares 2,161 Est. Cost $150.53 Unrealized -13.5%

— ETSY INC 0.4%

Value ($000) $4 Shares 4,000,000 Est. Cost $0.77 Unrealized —

WMT WALMART INC 0.0%

Value ($000) $0 Shares 3,821 Est. Cost $57.20 Unrealized +87.4%

AXP AMERICAN EXPRESS CO 0.0%

Value ($000) $0 Shares 923 Est. Cost $316.55 Unrealized +12.8%

RPM RPM INTL INC 0.0%

Value ($000) $0 Shares 2,254 Est. Cost $119.99 Unrealized -9.8%

HON HONEYWELL INTL INC 0.0%

Value ($000) $0 Shares 2,225 Est. Cost $204.11 Unrealized -4.5%

MS MORGAN STANLEY 0.0%

Value ($000) $0 Shares 1,604 Est. Cost $120.96 Unrealized +37.6%

SMOT VANECK ETF TRUST 0.3%

Value ($000) $3 Shares 80,942 Est. Cost $0.04 Unrealized —

VRSK VERISK ANALYTICS INC 0.0%

Value ($000) $0 Shares 1,040 Est. Cost $273.52 Unrealized -17.6%

RTX RTX CORPORATION 0.0%

Value ($000) $0 Shares 1,605 Est. Cost $124.76 Unrealized +38.9%

AMZN AMAZON COM INC 0.1%

Value ($000) $1 Shares 2,211 Est. Cost $212.81 Unrealized +7.5%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $0 Shares 2,320 Est. Cost $193.30 Unrealized -11.7%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $1 Shares 7,272 Est. Cost $110.55 Unrealized +37.0%

BR BROADRIDGE FINL SOLUTIONS IN 0.0%

Value ($000) $0 Shares 1,119 Est. Cost $247.24 Unrealized -8.1%

PEP PEPSICO INC 0.1%

Value ($000) $1 Shares 4,954 Est. Cost $120.77 Unrealized +20.8%

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $0 Shares 1,010 Est. Cost $165.85 Unrealized +80.2%

— ETSY INC 0.3%

Value ($000) $3 Shares 3,000,000 Est. Cost $0.88 Unrealized —

IWP ISHARES TR 0.0%

Value ($000) $0 Shares 2,120 Est. Cost $0.10 Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value ($000) $0 Shares 701 Est. Cost $0.33 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $1 Shares 6,691 Est. Cost $101.61 Unrealized +83.2%

GE GE AEROSPACE 0.0%

Value ($000) $0 Shares 1,067 Est. Cost $61.65 Unrealized +387.9%

SHEL SHELL PLC 0.0%

Value ($000) $0 Shares 3,153 Est. Cost $0.06 Unrealized —

VGT VANGUARD WORLD FD 0.1%

Value ($000) $1 Shares 864 Est. Cost $0.61 Unrealized —

IYC ISHARES TR 0.0%

Value ($000) $0 Shares 4,000 Est. Cost $91.19 Unrealized —

UNP UNION PAC CORP 0.0%

Value ($000) $0 Shares 1,616 Est. Cost $158.18 Unrealized +43.7%

XLF SELECT SECTOR SPDR TR 0.0%

Value ($000) $0 Shares 5,665 Est. Cost $0.04 Unrealized —

BA BOEING CO 0.1%

Value ($000) $1 Shares 2,416 Est. Cost $179.36 Unrealized +14.7%

TSLA TESLA INC 0.0%

Value ($000) $0 Shares 731 Est. Cost $301.28 Unrealized +47.1%

CL COLGATE PALMOLIVE CO 0.0%

Value ($000) $0 Shares 4,298 Est. Cost $84.64 Unrealized -7.5%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $0 Shares 2,100 Est. Cost $70.57 Unrealized +117.6%

WM WASTE MGMT INC DEL 0.0%

Value ($000) $0 Shares 1,979 Est. Cost $101.47 Unrealized +109.5%

— GUESS INC 0.6%

Value ($000) $5 Shares 5,000,000 Est. Cost $0.00 Unrealized —

— BENTLEY SYS INC 0.1%

Value ($000) $1 Shares 1,000,000 Est. Cost $0.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ETSY	ETSY INC	398,886	$22	2.5%	$90.98	-32.9%	Common	29786A106
NEU	NEWMARKET CORP	19,734	$14	1.5%	$765.22	-0.6%	Common	651587107
IQV	IQVIA HLDGS INC	74,844	$17	1.9%	$181.84	+19.7%	Common	46266C105
VNT	VONTIER CORPORATION	475,906	$18	2.0%	$30.16	+26.9%	Common	928881101
CNX	CNX RES CORP	408,557	$15	1.7%	$14.59	+145.5%	Common	12653C108
WFC	WELLS FARGO CO NEW	197,348	$18	2.1%	$32.01	+170.6%	Common	949746101
FTV	FORTIVE CORP	247,657	$14	1.5%	$50.44	+2.8%	Common	34959J108
MSFT	MICROSOFT CORP	34,720	$17	1.9%	$143.64	+248.5%	Common	594918104
LMT	LOCKHEED MARTIN CORP	39,863	$19	2.2%	$351.17	+35.6%	Common	539830109
—	LYFT INC	6,000,000	$7	0.8%	$0.00	—	Conv Bond	55087PAD6
—	PATRICK INDS INC	4,000,000	$7	0.8%	$0.00	—	Conv Bond	703343AG8
SFBS	SERVISFIRST BANCSHARES INC	32,950	$2	0.3%	$48.12	+51.7%	Common	81768T108
—	WINNEBAGO INDS INC	6,000,000	$6	0.6%	$0.00	—	Conv Bond	974637AF7
DIS	DISNEY WALT CO	274,190	$31	3.5%	$103.96	+5.4%	Common	254687106
PRK	PARK NATL CORP	22,823	$3	0.4%	$95.23	+65.3%	Common	700658107
MRK	MERCK & CO INC	8,384	$1	0.1%	$71.84	+29.8%	Common	58933Y105
BRK/B	BERKSHIRE HATHAWAY INC DEL	75,842	$38	4.3%	$202.18	+146.1%	Common	084670702
AAPL	APPLE INC	8,068	$2	0.2%	$136.72	+96.3%	Common	037833100
—	FORD MTR CO	5,000,000	$5	0.6%	$0.55	—	Conv Bond	345370CZ1
—	GLOBAL PMTS INC	6,000,000	$5	0.6%	$0.00	—	Conv Bond	37940XAU6
—	TRIPADVISOR INC	6,000,000	$6	0.7%	$0.00	—	Conv Bond	896945AD4
PG	PROCTER AND GAMBLE CO	7,124	$1	0.1%	$116.03	+26.8%	Common	742718109
—	AIRBNB INC	6,000,000	$6	0.7%	$0.83	—	Conv Bond	009066AB7
NRP	NATURAL RESOURCE PARTNERS L	117,500	$12	1.4%	$0.09	—	Common	63900P608
LNC	LINCOLN NATL CORP IND	15,673	$1	0.1%	$43.62	-5.6%	Common	534187109
BABA	ALIBABA GROUP HLDG LTD	2,032	$0	0.0%	$0.13	—	Common	01609W102
XOM	EXXON MOBIL CORP	8,698	$1	0.1%	$66.55	+73.5%	Common	30231G102
JKHY	HENRY JACK & ASSOC INC	1,770	$0	0.0%	$165.03	+0.7%	Common	426281101
—	BENTLEY SYS INC	5,000,000	$5	0.6%	$0.83	—	Conv Bond	08265TAB5
ZTS	ZOETIS INC	2,161	$0	0.0%	$150.53	-13.5%	Common	98978V103
—	ETSY INC	4,000,000	$4	0.4%	$0.77	—	Conv Bond	29786AAN6
WMT	WALMART INC	3,821	$0	0.0%	$57.20	+87.4%	Common	931142103
AXP	AMERICAN EXPRESS CO	923	$0	0.0%	$316.55	+12.8%	Common	025816109
RPM	RPM INTL INC	2,254	$0	0.0%	$119.99	-9.8%	Common	749685103
HON	HONEYWELL INTL INC	2,225	$0	0.0%	$204.11	-4.5%	Common	438516106
MS	MORGAN STANLEY	1,604	$0	0.0%	$120.96	+37.6%	Common	617446448
SMOT	VANECK ETF TRUST	80,942	$3	0.3%	$0.04	—	ETF	92189H730
VRSK	VERISK ANALYTICS INC	1,040	$0	0.0%	$273.52	-17.6%	Common	92345Y106
RTX	RTX CORPORATION	1,605	$0	0.0%	$124.76	+38.9%	Common	75513E101
AMZN	AMAZON COM INC	2,211	$1	0.1%	$212.81	+7.5%	Common	023135106
TXN	TEXAS INSTRS INC	2,320	$0	0.0%	$193.30	-11.7%	Common	882508104
CVX	CHEVRON CORP NEW	7,272	$1	0.1%	$110.55	+37.0%	Common	166764100
BR	BROADRIDGE FINL SOLUTIONS IN	1,119	$0	0.0%	$247.24	-8.1%	Common	11133T103
PEP	PEPSICO INC	4,954	$1	0.1%	$120.77	+20.8%	Common	713448108
IBM	INTERNATIONAL BUSINESS MACHS	1,010	$0	0.0%	$165.85	+80.2%	Common	459200101
—	ETSY INC	3,000,000	$3	0.3%	$0.88	—	Conv Bond	29786AAL0
IWP	ISHARES TR	2,120	$0	0.0%	$0.10	—	ETF	464287481
QQQ	INVESCO QQQ TR	701	$0	0.0%	$0.33	—	ETF	46090E103
NVDA	NVIDIA CORPORATION	6,691	$1	0.1%	$101.61	+83.2%	Common	67066G104
GE	GE AEROSPACE	1,067	$0	0.0%	$61.65	+387.9%	Common	369604301
SHEL	SHELL PLC	3,153	$0	0.0%	$0.06	—	Common	780259305
VGT	VANGUARD WORLD FD	864	$1	0.1%	$0.61	—	ETF	92204A702
IYC	ISHARES TR	4,000	$0	0.0%	$91.19	—	ETF	464287580
UNP	UNION PAC CORP	1,616	$0	0.0%	$158.18	+43.7%	Common	907818108
XLF	SELECT SECTOR SPDR TR	5,665	$0	0.0%	$0.04	—	ETF	81369Y605
BA	BOEING CO	2,416	$1	0.1%	$179.36	+14.7%	Common	097023105
TSLA	TESLA INC	731	$0	0.0%	$301.28	+47.1%	Common	88160R101
CL	COLGATE PALMOLIVE CO	4,298	$0	0.0%	$84.64	-7.5%	Common	194162103
PM	PHILIP MORRIS INTL INC	2,100	$0	0.0%	$70.57	+117.6%	Common	718172109
WM	WASTE MGMT INC DEL	1,979	$0	0.0%	$101.47	+109.5%	Common	94106L109
—	GUESS INC	5,000,000	$5	0.6%	$0.00	—	Conv Bond	401617AF2
—	BENTLEY SYS INC	1,000,000	$1	0.1%	$0.00	—	Conv Bond	08265TAD1