Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NKE	NIKE INC CL B	348,782 (+7.7%)	$14.32M (-16.3%)	0.7%	$71.15	—	COM	654106103
BSV	VANGUARD BD INDEX FDS VANGUARD SHORT TERM BD ETF	110,293 (+42.6%)	$8.593M (+41.7%)	0.4%	$78.43	—	ETF	921937827
UBER	UBER TECHNOLOGIES INC	240,684 (+14.9%)	$17.37M (+15.3%)	0.9%	$73.41	—	COM	90353T100
EL	LAUDER ESTEE COS INC	131,333 (+16.4%)	$10.37M (+28.0%)	0.5%	$90.35	—	COM	518439104
MSFT	MICROSOFT CORP	11,043 (+1.0%)	$4.119M (+1.8%)	0.2%	$53.32	—	COM	594918104

Exited Positions (2)

SEE SEALED AIR CORP 0.0%

Value $833K Shares 19,800 Est. Cost $18.75 Unrealized —

GLPG GALAPAGOS NV SPONS ADR 0.0%

Value $30,000 Shares 1,000 Est. Cost $142.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SEE	SEALED AIR CORP	19,800	$833K	0.0%	$18.75	—	—	81211K100
GLPG	GALAPAGOS NV SPONS ADR	1,000	$30,000	0.0%	$142.00	—	—	36315X101

Decreased Positions (7)

— SEAGATE TECHNOLOGIES 15.9%

Value $316M (+56.7%) Shares 327,925 (-37.7%) Est. Cost $42.77 Unrealized —

GLW CORNING INC 8.7%

Value $174M (+85.9%) Shares 680,192 (-1.0%) Est. Cost $11.38 Unrealized —

PGC PEAPACK-GLADSTONE FINL CORP 0.1%

Value $2.508M (+29.5%) Shares 53,000 (-3.6%) Est. Cost $15.05 Unrealized —

MS MORGAN STANLEY COM NEW 0.2%

Value $3.554M (+16.7%) Shares 17,000 (-8.1%) Est. Cost $17.33 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $1.367M (-23.3%) Shares 10,000 (-4.8%) Est. Cost $53.50 Unrealized —

LIND LINDBALD EXPEDITIONS HLDGS INC 0.1%

Value $1.115M (+55.4%) Shares 39,500 (-4.8%) Est. Cost $11.49 Unrealized —

META META PLATFORMS INC 0.0%

Value $873K (-7.5%) Shares 1,550 (-6.1%) Est. Cost $169.12 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SEAGATE TECHNOLOGIES	327,925 (-37.7%)	$316M (+56.7%)	15.9%	$42.77	—	COM	G7945M107
GLW	CORNING INC	680,192 (-1.0%)	$174M (+85.9%)	8.7%	$11.38	—	COM	219350105
PGC	PEAPACK-GLADSTONE FINL CORP	53,000 (-3.6%)	$2.508M (+29.5%)	0.1%	$15.05	—	COM	704699107
MS	MORGAN STANLEY COM NEW	17,000 (-8.1%)	$3.554M (+16.7%)	0.2%	$17.33	—	COM	617446448
XOM	EXXON MOBIL CORP	10,000 (-4.8%)	$1.367M (-23.3%)	0.1%	$53.50	—	COM	30231G102
LIND	LINDBALD EXPEDITIONS HLDGS INC	39,500 (-4.8%)	$1.115M (+55.4%)	0.1%	$11.49	—	COM	535219109
META	META PLATFORMS INC	1,550 (-6.1%)	$873K (-7.5%)	0.0%	$169.12	—	COM	30303M102

Unchanged Positions (64)

INTC INTEL CORP 2.8%

Value $55.11M Shares 394,669 Est. Cost $23.37 Unrealized —

GS GOLDMAN SACHS GROUP INC 10.4%

Value $208M Shares 205,696 Est. Cost $291.17 Unrealized —

AAPL APPLE INC COM 7.3%

Value $146M Shares 506,134 Est. Cost $83.95 Unrealized —

AXP AMERICAN EXPRESS CO 6.6%

Value $132M Shares 390,530 Est. Cost $63.14 Unrealized —

CVS CVS CAREMARK CORPORATION 2.0%

Value $39.98M Shares 386,428 Est. Cost $61.81 Unrealized —

BK BANK OF NEW YORK MELLON CORP 1.7%

Value $33.77M Shares 233,515 Est. Cost $26.09 Unrealized —

MRK MERCK & CO INC 4.2%

Value $82.92M Shares 645,299 Est. Cost $35.09 Unrealized —

FOX FOX CORPORATION 1.9%

Value $38.73M Shares 826,766 Est. Cost $33.54 Unrealized —

EBAY EBAY INC. 1.3%

Value $26.28M Shares 235,161 Est. Cost $40.31 Unrealized —

AMTM AMENTUM HLDGS INC 0.9%

Value $18.22M Shares 881,692 Est. Cost $25.70 Unrealized —

CB CHUBB LTD 4.4%

Value $86.94M Shares 255,138 Est. Cost $105.56 Unrealized —

BA BOEING CO 2.3%

Value $46.42M Shares 214,426 Est. Cost $119.56 Unrealized —

UPS UNITED PARCEL SERVICE INC 1.9%

Value $38.87M Shares 361,570 Est. Cost $67.94 Unrealized —

AVT AUTOMATIC DATA PROCESSING IN 1.6%

Value $31.39M Shares 140,162 Est. Cost $26.41 Unrealized —

JNJ JOHNSON & JOHNSON 3.3%

Value $65.57M Shares 258,168 Est. Cost $66.98 Unrealized —

SPY SPDR S&P 500 ETF TR 0.9%

Value $18.89M Shares 25,295 Est. Cost $293.69 Unrealized —

VLKAF VOLKSWAGEN AG 0.4%

Value $8.537M Shares 103,644 Est. Cost $171.43 Unrealized —

WAT WATERS CORP. 0.5%

Value $9.322M Shares 24,857 Est. Cost $362.43 Unrealized —

— BLACKSTONE GROUP L P 3.8%

Value $75.4M Shares 640,733 Est. Cost $36.57 Unrealized —

GEV GE VERNOVA INC 0.3%

Value $5.898M Shares 5,020 Est. Cost $139.22 Unrealized —

GPC GENUINE PARTS CO 0.5%

Value $10.38M Shares 87,954 Est. Cost $85.50 Unrealized —

BDX BECTON DICKINSON & CO 1.4%

Value $27.28M Shares 180,296 Est. Cost $84.28 Unrealized —

RTX RAYTHEON TECHNOLOGIES CORP 2.9%

Value $56.94M Shares 300,136 Est. Cost $56.70 Unrealized —

— JACOBS ENGR GROUP INC DEL 3.7%

Value $74.02M Shares 587,472 Est. Cost $51.73 Unrealized —

— GENERAL ELECTRIC CO 0.2%

Value $3.06M Shares 8,187 Est. Cost $18.39 Unrealized —

HPE HEWLETT PACKARD ENTERPRISE 0.1%

Value $1.353M Shares 30,000 Est. Cost $6.50 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value $3.824M Shares 13,600 Est. Cost $110.44 Unrealized —

IVZ INVESCO LTD ORD SHS 0.2%

Value $4.623M Shares 175,180 Est. Cost $14.76 Unrealized —

VXUS VANGUARD STAR FDS VANGUARD TOTAL INTL STOCK 0.2%

Value $3.624M Shares 42,392 Est. Cost $76.35 Unrealized —

JPM JPMORGAN CHASE &CO 0.2%

Value $3.293M Shares 10,060 Est. Cost $38.32 Unrealized —

PFE PFIZER INC COM 0.1%

Value $1.682M Shares 69,850 Est. Cost $16.75 Unrealized —

LLY LILLY ELI & CO 0.0%

Value $960K Shares 800 Est. Cost $235.67 Unrealized —

CSCO CISCO SYS INC 0.0%

Value $646K Shares 5,500 Est. Cost $15.24 Unrealized —

KO COCA COLA CO 0.1%

Value $2.974M Shares 36,600 Est. Cost $28.31 Unrealized —

OGN ORGANON & CO 0.0%

Value $339K Shares 25,000 Est. Cost $10.25 Unrealized —

NVO NOVO NORDISK 0.0%

Value $767K Shares 16,000 Est. Cost $84.17 Unrealized —

VOO VANGUARD INDEX FDS S&P ETF SHS NEW 0.1%

Value $1.353M Shares 1,970 Est. Cost $628.15 Unrealized —

USB US BANCORP DEL 0.1%

Value $1.217M Shares 20,145 Est. Cost $24.00 Unrealized —

VWDRY VESTAS WIND SYSTEMS A/SUTD UK 0.1%

Value $2.797M Shares 296,250 Est. Cost $15.03 Unrealized —

HAL HALLIBURTON CORP 0.1%

Value $1.018M Shares 30,000 Est. Cost $9.78 Unrealized —

MOV MOVADO GROUP INC 0.0%

Value $393K Shares 10,000 Est. Cost $21.37 Unrealized —

BAX BAXTER INTL INC 0.0%

Value $565K Shares 26,500 Est. Cost $35.91 Unrealized —

SLV ISHARES SILVER TR ISHARES 0.0%

Value $428K Shares 8,000 Est. Cost $21.82 Unrealized —

BMY BRISTOL MYERS SQUIBB CO 0.1%

Value $2.1M Shares 36,450 Est. Cost $39.88 Unrealized —

AB ALLIANCEBERNSTEIN HLDG LP 0.1%

Value $1.58M Shares 44,850 Est. Cost $21.31 Unrealized —

HPQ HP INC. 0.0%

Value $658K Shares 30,000 Est. Cost $9.12 Unrealized —

KD KYNDRYL HLDGS INC 0.0%

Value $484K Shares 42,760 Est. Cost $12.26 Unrealized —

DIS DISNEY WALT CO 2.6%

Value $52.68M Shares 547,310 Est. Cost $85.36 Unrealized —

IFF INTERNATIONAL FLAVORS&FRAGRA 0.0%

Value $792K Shares 10,000 Est. Cost $58.18 Unrealized —

FAST FASTENAL CO 0.1%

Value $1.421M Shares 29,580 Est. Cost $25.76 Unrealized —

— TECH PRECISION CORP 0.0%

Value $106K Shares 20,188 Est. Cost $0.23 Unrealized —

CARR CARRIER GLOBAL CORP 0.0%

Value $147K Shares 2,000 Est. Cost $20.48 Unrealized —

TEVA TEVA PHARMACEUTICAL IND. 0.0%

Value $305K Shares 9,000 Est. Cost $18.57 Unrealized —

PG PROCTER & GAMBLE CO 0.1%

Value $2.206M Shares 15,045 Est. Cost $81.18 Unrealized —

HD HOME DEPOT INC 0.0%

Value $388K Shares 1,100 Est. Cost $289.71 Unrealized —

BRO BROWN & BROWN INC 0.1%

Value $1.347M Shares 21,000 Est. Cost $19.91 Unrealized —

GEHC GE HEALTHCARE INC 0.0%

Value $171K Shares 2,666 Est. Cost $72.26 Unrealized —

IDXX IDEXX LABS INC 0.0%

Value $263K Shares 500 Est. Cost $82.46 Unrealized —

KKR KKR & CO INC CL A 0.1%

Value $2.219M Shares 24,181 Est. Cost $24.47 Unrealized —

TJX TJX COS. INC. 0.0%

Value $152K Shares 1,000 Est. Cost $39.61 Unrealized —

MA MASTERCARD INC. CL A. 0.0%

Value $154K Shares 300 Est. Cost $90.26 Unrealized —

— HISCOX LTD SHSISIN#BMG4593F1041 0.0%

Value $6,912 Shares 282 Est. Cost $8.33 Unrealized —

LAC LITHIUM AMERS CORP CDA 0.0%

Value $19,250 Shares 5,000 Est. Cost $3.01 Unrealized —

FMS FRESENIUS MED CARE AKTIENGESELLSCHAFT 0.0%

Value $136K Shares 6,000 Est. Cost $29.54 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INTC	INTEL CORP	394,669	$55.11M	2.8%	$23.37	—	COM	458140100
GS	GOLDMAN SACHS GROUP INC	205,696	$208M	10.4%	$291.17	—	COM	38141G104
AAPL	APPLE INC COM	506,134	$146M	7.3%	$83.95	—	COM	037833100
AXP	AMERICAN EXPRESS CO	390,530	$132M	6.6%	$63.14	—	COM	025816109
CVS	CVS CAREMARK CORPORATION	386,428	$39.98M	2.0%	$61.81	—	COM	126650100
BK	BANK OF NEW YORK MELLON CORP	233,515	$33.77M	1.7%	$26.09	—	COM	064058100
MRK	MERCK & CO INC	645,299	$82.92M	4.2%	$35.09	—	COM	58933Y105
FOX	FOX CORPORATION	826,766	$38.73M	1.9%	$33.54	—	CL B COM	35137L204
EBAY	EBAY INC.	235,161	$26.28M	1.3%	$40.31	—	COM	278642103
AMTM	AMENTUM HLDGS INC	881,692	$18.22M	0.9%	$25.70	—	COM	023939101
CB	CHUBB LTD	255,138	$86.94M	4.4%	$105.56	—	COM	H1467J104
BA	BOEING CO	214,426	$46.42M	2.3%	$119.56	—	COM	097023105
UPS	UNITED PARCEL SERVICE INC	361,570	$38.87M	1.9%	$67.94	—	CL B	911312106
AVT	AUTOMATIC DATA PROCESSING IN	140,162	$31.39M	1.6%	$26.41	—	COM	053807103
JNJ	JOHNSON & JOHNSON	258,168	$65.57M	3.3%	$66.98	—	COM	478160104
SPY	SPDR S&P 500 ETF TR	25,295	$18.89M	0.9%	$293.69	—	TR UNIT	78462F103
VLKAF	VOLKSWAGEN AG	103,644	$8.537M	0.4%	$171.43	—	ORD SHARES	D94523145
WAT	WATERS CORP.	24,857	$9.322M	0.5%	$362.43	—	COM	941848103
—	BLACKSTONE GROUP L P	640,733	$75.4M	3.8%	$36.57	—	COM UNIT LTD	09253U108
GEV	GE VERNOVA INC	5,020	$5.898M	0.3%	$139.22	—	COM	36828A101
GPC	GENUINE PARTS CO	87,954	$10.38M	0.5%	$85.50	—	COM	372460105
BDX	BECTON DICKINSON & CO	180,296	$27.28M	1.4%	$84.28	—	COM	075887109
RTX	RAYTHEON TECHNOLOGIES CORP	300,136	$56.94M	2.9%	$56.70	—	COM	75513E101
—	JACOBS ENGR GROUP INC DEL	587,472	$74.02M	3.7%	$51.73	—	COM	469814107
—	GENERAL ELECTRIC CO	8,187	$3.06M	0.2%	$18.39	—	COM	369604103
HPE	HEWLETT PACKARD ENTERPRISE	30,000	$1.353M	0.1%	$6.50	—	COM	42824C109
IBM	INTERNATIONAL BUSINESS MACHS	13,600	$3.824M	0.2%	$110.44	—	COM	459200101
IVZ	INVESCO LTD ORD SHS	175,180	$4.623M	0.2%	$14.76	—	COM	G491BT108
VXUS	VANGUARD STAR FDS VANGUARD TOTAL INTL STOCK	42,392	$3.624M	0.2%	$76.35	—	ETF	921909768
JPM	JPMORGAN CHASE &CO	10,060	$3.293M	0.2%	$38.32	—	COM	46625H100
PFE	PFIZER INC COM	69,850	$1.682M	0.1%	$16.75	—	COM	717081103
LLY	LILLY ELI & CO	800	$960K	0.0%	$235.67	—	COM	532457108
CSCO	CISCO SYS INC	5,500	$646K	0.0%	$15.24	—	COM	17275R102
KO	COCA COLA CO	36,600	$2.974M	0.1%	$28.31	—	COM	191216100
OGN	ORGANON & CO	25,000	$339K	0.0%	$10.25	—	COM	68622V106
NVO	NOVO NORDISK	16,000	$767K	0.0%	$84.17	—	SPONSORED ADR	670100205
VOO	VANGUARD INDEX FDS S&P ETF SHS NEW	1,970	$1.353M	0.1%	$628.15	—	ETF	922908363
USB	US BANCORP DEL	20,145	$1.217M	0.1%	$24.00	—	COM NEW	902973304
VWDRY	VESTAS WIND SYSTEMS A/SUTD UK	296,250	$2.797M	0.1%	$15.03	—	UNSPONSORED ADR	925458101
HAL	HALLIBURTON CORP	30,000	$1.018M	0.1%	$9.78	—	COM	406216101
MOV	MOVADO GROUP INC	10,000	$393K	0.0%	$21.37	—	COM	624580106
BAX	BAXTER INTL INC	26,500	$565K	0.0%	$35.91	—	COM	071813109
SLV	ISHARES SILVER TR ISHARES	8,000	$428K	0.0%	$21.82	—	COM	46428Q109
BMY	BRISTOL MYERS SQUIBB CO	36,450	$2.1M	0.1%	$39.88	—	COM	110122108
AB	ALLIANCEBERNSTEIN HLDG LP	44,850	$1.58M	0.1%	$21.31	—	UNIT LTD PARTN	01881G106
HPQ	HP INC.	30,000	$658K	0.0%	$9.12	—	COM	40434L105
KD	KYNDRYL HLDGS INC	42,760	$484K	0.0%	$12.26	—	COM	50155Q100
DIS	DISNEY WALT CO	547,310	$52.68M	2.6%	$85.36	—	COM	254687106
IFF	INTERNATIONAL FLAVORS&FRAGRA	10,000	$792K	0.0%	$58.18	—	COM	459506101
FAST	FASTENAL CO	29,580	$1.421M	0.1%	$25.76	—	COM	311900104
—	TECH PRECISION CORP	20,188	$106K	0.0%	$0.23	—	COM	878739101
CARR	CARRIER GLOBAL CORP	2,000	$147K	0.0%	$20.48	—	COM	14448C104
TEVA	TEVA PHARMACEUTICAL IND.	9,000	$305K	0.0%	$18.57	—	SPONSORED ADR	881624209
PG	PROCTER & GAMBLE CO	15,045	$2.206M	0.1%	$81.18	—	COM	742718109
HD	HOME DEPOT INC	1,100	$388K	0.0%	$289.71	—	COM	437076102
BRO	BROWN & BROWN INC	21,000	$1.347M	0.1%	$19.91	—	COM	115236101
GEHC	GE HEALTHCARE INC	2,666	$171K	0.0%	$72.26	—	COM	36266G107
IDXX	IDEXX LABS INC	500	$263K	0.0%	$82.46	—	COM	45168D104
KKR	KKR & CO INC CL A	24,181	$2.219M	0.1%	$24.47	—	COM	48251W104
TJX	TJX COS. INC.	1,000	$152K	0.0%	$39.61	—	COM	872540109
MA	MASTERCARD INC. CL A.	300	$154K	0.0%	$90.26	—	COM	57636Q104
—	HISCOX LTD SHSISIN#BMG4593F1041	282	$6,912	0.0%	$8.33	—	COM	G4593F104
LAC	LITHIUM AMERS CORP CDA	5,000	$19,250	0.0%	$3.01	—	COM	53681J103
FMS	FRESENIUS MED CARE AKTIENGESELLSCHAFT	6,000	$136K	0.0%	$29.54	—	SPONSORED ADR	358029106