Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PSMT	PRICESMART INC	12,310	$2.405M	0.2%	$195.34	—	COM	741511109
CASY	CASEYS GEN STORES INC	3,000	$2.384M	0.2%	$794.79	—	COM	147528103
IBKR	INTERACTIVE BROKERS GROUP IN	26,880	$2.34M	0.2%	$87.04	—	COM CL A	45841N107
WFRD	WEATHERFORD INTL PLC	26,100	$2.127M	0.1%	$81.50	—	ORD SHS	G48833118
CW	CURTISS WRIGHT CORP	2,600	$1.97M	0.1%	$757.76	—	COM	231561101
WWD	WOODWARD INC	4,600	$1.957M	0.1%	$425.44	—	COM	980745103
FN	FABRINET	3,470	$1.95M	0.1%	$562.08	—	SHS	G3323L100
ROST	ROSS STORES INC	8,700	$1.852M	0.1%	$212.85	—	COM	778296103
AS	AMER SPORTS INC	54,335	$1.839M	0.1%	$33.84	—	COM SHS	G0260P102
IBM	INTERNATIONAL BUSINESS MACHS	5,180	$1.457M	0.1%	$281.21	—	COM	459200101
SN	SHARKNINJA INC	8,640	$1.316M	0.1%	$152.27	—	COM SHS	G8068L108
UI	UBIQUITI INC	2,420	$1.292M	0.1%	$534.03	—	COM	90353W103
CVE	CENOVUS ENERGY INC	42,716	$1.059M	0.1%	$24.80	—	COM	15135U109
CLX	CLOROX CO DEL	10,750	$1.026M	0.1%	$95.44	—	COM	189054109
IMO	IMPERIAL OIL LTD	1,970	$221K	0.0%	$112.07	—	COM NEW	453038408
NSC	NORFOLK SOUTHN CORP	648	$204K	0.0%	$314.59	—	COM	655844108

Increased Positions (67)

MCK MCKESSON CORP 2.1%

Value $33.21M (+777.2%) Shares 43,950 (+904.6%) Est. Cost $732.96 Unrealized —

RY ROYAL BK CDA 5.2%

Value $79.89M (+37.2%) Shares 386,426 (+7.0%) Est. Cost $87.51 Unrealized —

UNP UNION PAC CORP 2.3%

Value $35.1M (+96.2%) Shares 129,041 (+75.0%) Est. Cost $255.61 Unrealized —

ADI ANALOG DEVICES INC 1.1%

Value $16.77M (+3722.8%) Shares 42,227 (+2962.1%) Est. Cost $392.62 Unrealized —

LLY ELI LILLY & CO 3.1%

Value $47.27M (+41.8%) Shares 39,407 (+8.8%) Est. Cost $819.58 Unrealized —

LIN LINDE PLC 3.1%

Value $47.75M (+29.0%) Shares 92,008 (+23.3%) Est. Cost $363.48 Unrealized —

MSFT MICROSOFT CORP 4.3%

Value $66.02M (+19.1%) Shares 176,987 (+18.2%) Est. Cost $179.86 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 1.5%

Value $22.71M (+79.5%) Shares 47,543 (+27.0%) Est. Cost $248.66 Unrealized —

CSCO CISCO SYS INC 1.0%

Value $15.21M (+182.5%) Shares 129,475 (+86.6%) Est. Cost $90.62 Unrealized —

FERG FERGUSON ENTERPRISES INC 0.8%

Value $12.66M (+230.6%) Shares 53,349 (+224.9%) Est. Cost $240.45 Unrealized —

GOOGL ALPHABET INC 1.9%

Value $28.92M (+41.0%) Shares 80,921 (+13.4%) Est. Cost $164.49 Unrealized —

HWM HOWMET AEROSPACE INC 0.8%

Value $12.49M (+146.2%) Shares 46,440 (+111.0%) Est. Cost $168.86 Unrealized —

NFLX NETFLIX INC. 1.4%

Value $21.62M (-24.6%) Shares 302,802 (+1.6%) Est. Cost $93.07 Unrealized —

GE GE AEROSPACE 0.7%

Value $11.12M (+127.1%) Shares 29,748 (+72.5%) Est. Cost $286.74 Unrealized —

ABBV ABBVIE INC 0.8%

Value $11.74M (+111.6%) Shares 46,647 (+82.9%) Est. Cost $213.49 Unrealized —

GIL GILDAN ACTIVEWEAR INC 1.5%

Value $23.76M (+31.5%) Shares 461,735 (+42.0%) Est. Cost $62.04 Unrealized —

URNM SPROTT FDS TR 1.2%

Value $19.25M (+37.2%) Shares 366,088 (+64.8%) Est. Cost $53.99 Unrealized —

WSM WILLIAMS SONOMA INC 0.5%

Value $8.247M (+166.4%) Shares 35,380 (+108.4%) Est. Cost $212.57 Unrealized —

MDALF MDA SPACE LTD 0.5%

Value $8.082M (+72.3%) Shares 195,695 (+5.4%) Est. Cost $26.40 Unrealized —

CCJ CAMECO CORP 1.1%

Value $16.73M (+24.0%) Shares 164,268 (+32.1%) Est. Cost $41.37 Unrealized —

TD TORONTO DOMINION BK ONT 0.8%

Value $11.86M (+34.1%) Shares 97,731 (+3.0%) Est. Cost $69.63 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 2.1%

Value $32.89M (+8.3%) Shares 832,392 (+33.5%) Est. Cost $34.46 Unrealized —

BLK BLACKROCK INC 0.4%

Value $5.784M (+77.1%) Shares 6,015 (+77.2%) Est. Cost $991.81 Unrealized —

PM PHILIP MORRIS INTL INC 0.5%

Value $7.591M (+45.4%) Shares 41,960 (+32.9%) Est. Cost $126.33 Unrealized —

BMO BANK MONTREAL MEDIUM 0.4%

Value $6.79M (+44.0%) Shares 38,479 (+10.3%) Est. Cost $115.08 Unrealized —

EXPE EXPEDIA GROUP INC 0.4%

Value $5.77M (+54.5%) Shares 22,550 (+39.4%) Est. Cost $196.92 Unrealized —

DIS DISNEY WALT CO 0.2%

Value $3.794M (+113.0%) Shares 39,413 (+113.3%) Est. Cost $103.67 Unrealized —

COST COSTCO WHOLESALE CORPORATION 2.8%

Value $43.44M (-4.3%) Shares 46,434 (+2.0%) Est. Cost $362.09 Unrealized —

WMT WALMART INC 3.3%

Value $50.56M (-2.9%) Shares 446,379 (+6.5%) Est. Cost $61.71 Unrealized —

TJX TJX COS INC NEW 1.3%

Value $19.83M (+8.3%) Shares 130,887 (+14.2%) Est. Cost $146.24 Unrealized —

NDAQ NASDAQ INC 0.6%

Value $9.673M (+17.3%) Shares 122,725 (+26.4%) Est. Cost $70.68 Unrealized —

NTR NUTRIEN LTD 0.3%

Value $5.341M (+33.9%) Shares 84,810 (+60.0%) Est. Cost $60.04 Unrealized —

CNI CANADIAN NATL RY CO 0.3%

Value $4.587M (+35.7%) Shares 38,450 (+16.7%) Est. Cost $102.38 Unrealized —

VST VISTRA CORP 0.2%

Value $2.699M (+79.5%) Shares 17,015 (+70.2%) Est. Cost $167.07 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.2%

Value $2.369M (+95.7%) Shares 52,825 (+93.4%) Est. Cost $50.34 Unrealized —

MNST MONSTER BEVERAGE CORP NEW 0.2%

Value $2.728M (+51.9%) Shares 28,382 (+14.5%) Est. Cost $69.03 Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 0.3%

Value $5.354M (+20.5%) Shares 61,876 (+9.4%) Est. Cost $78.25 Unrealized —

CB CHUBB LIMITED 0.2%

Value $2.385M (+46.4%) Shares 7,000 (+40.0%) Est. Cost $323.23 Unrealized —

RPRX ROYALTY PHARMA PLC 0.2%

Value $3.134M (+30.7%) Shares 55,900 (+11.8%) Est. Cost $41.14 Unrealized —

VEEV VEEVA SYS INC 0.1%

Value $1.757M (+66.7%) Shares 9,900 (+65.0%) Est. Cost $219.27 Unrealized —

KLAC KLA CORP 0.1%

Value $2.263M (+39.7%) Shares 7,500 (+581.8%) Est. Cost $381.04 Unrealized —

ARIS ARIS MINING CORPORATION 0.1%

Value $1.632M (+61.5%) Shares 109,500 (+100.5%) Est. Cost $16.91 Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.1%

Value $993K (+149.4%) Shares 13,700 (+153.7%) Est. Cost $70.88 Unrealized —

META META PLATFORMS INC 1.9%

Value $29.75M (+1.9%) Shares 52,806 (+3.5%) Est. Cost $268.61 Unrealized —

MSCI MSCI INC 0.1%

Value $2.128M (+31.6%) Shares 3,800 (+26.7%) Est. Cost $561.08 Unrealized —

PBA PEMBINA PIPELINE CORP 0.4%

Value $5.441M (+9.5%) Shares 117,655 (+5.7%) Est. Cost $32.95 Unrealized —

EMR EMERSON ELEC CO 0.1%

Value $1.696M (+22.7%) Shares 11,850 (+12.3%) Est. Cost $111.03 Unrealized —

LECO LINCOLN ELEC HLDGS INC 0.1%

Value $1.513M (+22.7%) Shares 5,700 (+15.2%) Est. Cost $205.72 Unrealized —

OTEX OPEN TEXT CORP 0.0%

Value $701K (+66.2%) Shares 31,700 (+66.8%) Est. Cost $29.27 Unrealized —

MFC MANULIFE FINL CORP 0.1%

Value $935K (+36.3%) Shares 23,062 (+15.5%) Est. Cost $36.11 Unrealized —

KGC KINROSS GOLD CORP 0.0%

Value $727K (+50.0%) Shares 30,700 (+93.1%) Est. Cost $22.27 Unrealized —

RSG REPUBLIC SVCS INC 0.2%

Value $3.154M (+5.5%) Shares 14,800 (+8.4%) Est. Cost $173.62 Unrealized —

SPGI S&P GLOBAL INC 0.1%

Value $2.26M (+7.6%) Shares 5,550 (+12.3%) Est. Cost $331.69 Unrealized —

BTGD TIDAL TRUST II 0.0%

Value $385K (-27.3%) Shares 19,919 (+3.0%) Est. Cost $40.49 Unrealized —

IGIB ISHARES TR 0.1%

Value $2.003M (+7.7%) Shares 37,673 (+7.8%) Est. Cost $53.31 Unrealized —

TLH ISHARES TR 0.1%

Value $1.323M (+9.9%) Shares 13,180 (+10.3%) Est. Cost $103.05 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.0%

Value $357K (+41.9%) Shares 721 (+2.9%) Est. Cost $293.88 Unrealized —

IGSB ISHARES TR 0.1%

Value $1.5M (+5.8%) Shares 28,627 (+6.1%) Est. Cost $52.42 Unrealized —

USIG ISHARES TR 0.1%

Value $1.229M (+7.0%) Shares 23,957 (+6.9%) Est. Cost $51.59 Unrealized —

SPHY SPDR SERIES TRUST 0.1%

Value $874K (+8.3%) Shares 37,291 (+7.8%) Est. Cost $23.68 Unrealized —

SRLN SSGA ACTIVE ETF TR 0.0%

Value $400K (+12.4%) Shares 9,934 (+12.0%) Est. Cost $41.11 Unrealized —

SJNK SPDR SERIES TRUST 0.0%

Value $285K (+15.4%) Shares 11,368 (+15.1%) Est. Cost $25.49 Unrealized —

PFFA ETFIS SER TR I 0.0%

Value $361K (+9.6%) Shares 17,547 (+8.5%) Est. Cost $20.88 Unrealized —

IAG IAMGOLD CORP 0.0%

Value $658K (+4.9%) Shares 41,500 (+23.9%) Est. Cost $15.27 Unrealized —

PFF ISHARES TR 0.0%

Value $299K (+11.0%) Shares 9,800 (+10.4%) Est. Cost $30.66 Unrealized —

PGR PROGRESSIVE CORP 0.0%

Value $241K (+13.0%) Shares 1,104 (+2.5%) Est. Cost $242.97 Unrealized —

JXI ISHARES TR 0.1%

Value $1.261M (-0.1%) Shares 14,838 (+1.5%) Est. Cost $86.32 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MCK	MCKESSON CORP	43,950 (+904.6%)	$33.21M (+777.2%)	2.1%	$732.96	—	COM	58155Q103
RY	ROYAL BK CDA	386,426 (+7.0%)	$79.89M (+37.2%)	5.2%	$87.51	—	COM	780087102
UNP	UNION PAC CORP	129,041 (+75.0%)	$35.1M (+96.2%)	2.3%	$255.61	—	COM	907818108
ADI	ANALOG DEVICES INC	42,227 (+2962.1%)	$16.77M (+3722.8%)	1.1%	$392.62	—	COM	032654105
LLY	ELI LILLY & CO	39,407 (+8.8%)	$47.27M (+41.8%)	3.1%	$819.58	—	COM	532457108
LIN	LINDE PLC	92,008 (+23.3%)	$47.75M (+29.0%)	3.1%	$363.48	—	SHS	G54950103
MSFT	MICROSOFT CORP	176,987 (+18.2%)	$66.02M (+19.1%)	4.3%	$179.86	—	COM	594918104
TSM	TAIWAN SEMICONDUCTOR MANUFAC	47,543 (+27.0%)	$22.71M (+79.5%)	1.5%	$248.66	—	SPONSORED ADS	874039100
CSCO	CISCO SYS INC	129,475 (+86.6%)	$15.21M (+182.5%)	1.0%	$90.62	—	COM	17275R102
FERG	FERGUSON ENTERPRISES INC	53,349 (+224.9%)	$12.66M (+230.6%)	0.8%	$240.45	—	COMMON STOCK NEW	31488V107
GOOGL	ALPHABET INC	80,921 (+13.4%)	$28.92M (+41.0%)	1.9%	$164.49	—	CAP STK CL A	02079K305
HWM	HOWMET AEROSPACE INC	46,440 (+111.0%)	$12.49M (+146.2%)	0.8%	$168.86	—	COM	443201108
NFLX	NETFLIX INC.	302,802 (+1.6%)	$21.62M (-24.6%)	1.4%	$93.07	—	COM	64110L106
GE	GE AEROSPACE	29,748 (+72.5%)	$11.12M (+127.1%)	0.7%	$286.74	—	COM NEW	369604301
ABBV	ABBVIE INC	46,647 (+82.9%)	$11.74M (+111.6%)	0.8%	$213.49	—	COM	00287Y109
GIL	GILDAN ACTIVEWEAR INC	461,735 (+42.0%)	$23.76M (+31.5%)	1.5%	$62.04	—	COM	375916103
URNM	SPROTT FDS TR	366,088 (+64.8%)	$19.25M (+37.2%)	1.2%	$53.99	—	URANI MINER ETF	85208P303
WSM	WILLIAMS SONOMA INC	35,380 (+108.4%)	$8.247M (+166.4%)	0.5%	$212.57	—	COM	969904101
MDALF	MDA SPACE LTD	195,695 (+5.4%)	$8.082M (+72.3%)	0.5%	$26.40	—	COM	55293N109
CCJ	CAMECO CORP	164,268 (+32.1%)	$16.73M (+24.0%)	1.1%	$41.37	—	COM	13321L108
TD	TORONTO DOMINION BK ONT	97,731 (+3.0%)	$11.86M (+34.1%)	0.8%	$69.63	—	COM NEW	891160509
CNQ	CANADIAN NAT RES LTD MED TER	832,392 (+33.5%)	$32.89M (+8.3%)	2.1%	$34.46	—	COM	136385101
BLK	BLACKROCK INC	6,015 (+77.2%)	$5.784M (+77.1%)	0.4%	$991.81	—	COM	09290D101
PM	PHILIP MORRIS INTL INC	41,960 (+32.9%)	$7.591M (+45.4%)	0.5%	$126.33	—	COM	718172109
BMO	BANK MONTREAL MEDIUM	38,479 (+10.3%)	$6.79M (+44.0%)	0.4%	$115.08	—	COM	063671101
EXPE	EXPEDIA GROUP INC	22,550 (+39.4%)	$5.77M (+54.5%)	0.4%	$196.92	—	COM NEW	30212P303
DIS	DISNEY WALT CO	39,413 (+113.3%)	$3.794M (+113.0%)	0.2%	$103.67	—	COM	254687106
COST	COSTCO WHOLESALE CORPORATION	46,434 (+2.0%)	$43.44M (-4.3%)	2.8%	$362.09	—	COM	22160K105
WMT	WALMART INC	446,379 (+6.5%)	$50.56M (-2.9%)	3.3%	$61.71	—	COM	931142103
TJX	TJX COS INC NEW	130,887 (+14.2%)	$19.83M (+8.3%)	1.3%	$146.24	—	COM	872540109
NDAQ	NASDAQ INC	122,725 (+26.4%)	$9.673M (+17.3%)	0.6%	$70.68	—	COM	631103108
NTR	NUTRIEN LTD	84,810 (+60.0%)	$5.341M (+33.9%)	0.3%	$60.04	—	COM	67077M108
CNI	CANADIAN NATL RY CO	38,450 (+16.7%)	$4.587M (+35.7%)	0.3%	$102.38	—	COM	136375102
VST	VISTRA CORP	17,015 (+70.2%)	$2.699M (+79.5%)	0.2%	$167.07	—	COM	92840M102
BAM	BROOKFIELD ASSET MANAGMT LTD	52,825 (+93.4%)	$2.369M (+95.7%)	0.2%	$50.34	—	CL A LMT VTG SHS	113004105
MNST	MONSTER BEVERAGE CORP NEW	28,382 (+14.5%)	$2.728M (+51.9%)	0.2%	$69.03	—	COM	61174X109
CP	CANADIAN PACIFIC KANSAS CITY	61,876 (+9.4%)	$5.354M (+20.5%)	0.3%	$78.25	—	COM	13646K108
CB	CHUBB LIMITED	7,000 (+40.0%)	$2.385M (+46.4%)	0.2%	$323.23	—	COM	H1467J104
RPRX	ROYALTY PHARMA PLC	55,900 (+11.8%)	$3.134M (+30.7%)	0.2%	$41.14	—	SHS CLASS A	G7709Q104
VEEV	VEEVA SYS INC	9,900 (+65.0%)	$1.757M (+66.7%)	0.1%	$219.27	—	CL A COM	922475108
KLAC	KLA CORP	7,500 (+581.8%)	$2.263M (+39.7%)	0.1%	$381.04	—	COM NEW	482480100
ARIS	ARIS MINING CORPORATION	109,500 (+100.5%)	$1.632M (+61.5%)	0.1%	$16.91	—	COM	04040Y109
QSR	RESTAURANT BRANDS INTL INC	13,700 (+153.7%)	$993K (+149.4%)	0.1%	$70.88	—	COM	76131D103
META	META PLATFORMS INC	52,806 (+3.5%)	$29.75M (+1.9%)	1.9%	$268.61	—	CL A	30303M102
MSCI	MSCI INC	3,800 (+26.7%)	$2.128M (+31.6%)	0.1%	$561.08	—	COM	55354G100
PBA	PEMBINA PIPELINE CORP	117,655 (+5.7%)	$5.441M (+9.5%)	0.4%	$32.95	—	COM	706327103
EMR	EMERSON ELEC CO	11,850 (+12.3%)	$1.696M (+22.7%)	0.1%	$111.03	—	COM	291011104
LECO	LINCOLN ELEC HLDGS INC	5,700 (+15.2%)	$1.513M (+22.7%)	0.1%	$205.72	—	COM	533900106
OTEX	OPEN TEXT CORP	31,700 (+66.8%)	$701K (+66.2%)	0.0%	$29.27	—	COM	683715106
MFC	MANULIFE FINL CORP	23,062 (+15.5%)	$935K (+36.3%)	0.1%	$36.11	—	COM	56501R106
KGC	KINROSS GOLD CORP	30,700 (+93.1%)	$727K (+50.0%)	0.0%	$22.27	—	COM	496902404
RSG	REPUBLIC SVCS INC	14,800 (+8.4%)	$3.154M (+5.5%)	0.2%	$173.62	—	COM	760759100
SPGI	S&P GLOBAL INC	5,550 (+12.3%)	$2.26M (+7.6%)	0.1%	$331.69	—	COM	78409V104
BTGD	TIDAL TRUST II	19,919 (+3.0%)	$385K (-27.3%)	0.0%	$40.49	—	STKD 100 100 ETF	88636R834
IGIB	ISHARES TR	37,673 (+7.8%)	$2.003M (+7.7%)	0.1%	$53.31	—	ISHS 5-10YR INVT	464288638
TLH	ISHARES TR	13,180 (+10.3%)	$1.323M (+9.9%)	0.1%	$103.05	—	10-20 YR TRS ETF	464288653
ROK	ROCKWELL AUTOMATION INC	721 (+2.9%)	$357K (+41.9%)	0.0%	$293.88	—	COM	773903109
IGSB	ISHARES TR	28,627 (+6.1%)	$1.5M (+5.8%)	0.1%	$52.42	—	ISHS 1-5YR INVS	464288646
USIG	ISHARES TR	23,957 (+6.9%)	$1.229M (+7.0%)	0.1%	$51.59	—	USD INV GRDE ETF	464288620
SPHY	SPDR SERIES TRUST	37,291 (+7.8%)	$874K (+8.3%)	0.1%	$23.68	—	ST PORT HIGH ETF	78468R606
SRLN	SSGA ACTIVE ETF TR	9,934 (+12.0%)	$400K (+12.4%)	0.0%	$41.11	—	ST STR BL LN ETF	78467V608
SJNK	SPDR SERIES TRUST	11,368 (+15.1%)	$285K (+15.4%)	0.0%	$25.49	—	ST TERM HIGH ETF	78468R408
PFFA	ETFIS SER TR I	17,547 (+8.5%)	$361K (+9.6%)	0.0%	$20.88	—	VIRTUS INFRCAP	26923G822
IAG	IAMGOLD CORP	41,500 (+23.9%)	$658K (+4.9%)	0.0%	$15.27	—	COM	450913108
PFF	ISHARES TR	9,800 (+10.4%)	$299K (+11.0%)	0.0%	$30.66	—	PFD AND INCM SEC	464288687
PGR	PROGRESSIVE CORP	1,104 (+2.5%)	$241K (+13.0%)	0.0%	$242.97	—	COM	743315103
JXI	ISHARES TR	14,838 (+1.5%)	$1.261M (-0.1%)	0.1%	$86.32	—	GLOB UTILITS ETF	464288711

Exited Positions (20)

HD HOME DEPOT INC 0.3%

Value $4.674M Shares 14,212 Est. Cost $280.10 Unrealized —

UBER UBER TECHNOLOGIES INC 0.3%

Value $3.956M Shares 55,000 Est. Cost $82.21 Unrealized —

BKNG BOOKING HOLDINGS INC 0.2%

Value $2.737M Shares 650 Est. Cost $4452.21 Unrealized —

NU NU HLDGS LTD 0.2%

Value $2.73M Shares 190,000 Est. Cost $14.40 Unrealized —

VIK VIKING HOLDINGS LTD 0.2%

Value $2.572M Shares 35,000 Est. Cost $53.12 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.2%

Value $2.433M Shares 8,000 Est. Cost $248.33 Unrealized —

FTI TECHNIPFMC PLC 0.1%

Value $2.074M Shares 30,000 Est. Cost $35.59 Unrealized —

WTS WATTS WATER TECHNOLOGIES INC 0.1%

Value $1.887M Shares 6,500 Est. Cost $262.04 Unrealized —

IQV IQVIA HLDGS INC 0.1%

Value $1.706M Shares 10,005 Est. Cost $218.03 Unrealized —

ADSK AUTODESK INC 0.1%

Value $1.676M Shares 7,000 Est. Cost $292.20 Unrealized —

INTU INTUIT 0.1%

Value $1.297M Shares 3,000 Est. Cost $719.44 Unrealized —

RIO RIO TINTO PLC 0.1%

Value $1.185M Shares 12,700 Est. Cost $93.29 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.1%

Value $1.159M Shares 1,500 Est. Cost $769.15 Unrealized —

VLO VALERO ENERGY CORP 0.1%

Value $1.137M Shares 4,600 Est. Cost $190.06 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.1%

Value $1.103M Shares 5,450 Est. Cost $206.02 Unrealized —

ZTS ZOETIS INC 0.1%

Value $1.052M Shares 8,900 Est. Cost $125.98 Unrealized —

AESI ATLAS ENERGY SOLUTIONS INC 0.1%

Value $954K Shares 72,700 Est. Cost $20.31 Unrealized —

DG DOLLAR GEN CORP 0.0%

Value $712K Shares 6,000 Est. Cost $147.69 Unrealized —

RBA RB GLOBAL INC 0.0%

Value $507K Shares 5,300 Est. Cost $104.11 Unrealized —

RCI ROGERS COMMUNICATIONS INC 0.0%

Value $227K Shares 5,920 Est. Cost $34.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	14,212	$4.674M	0.3%	$280.10	—	—	437076102
UBER	UBER TECHNOLOGIES INC	55,000	$3.956M	0.3%	$82.21	—	—	90353T100
BKNG	BOOKING HOLDINGS INC	650	$2.737M	0.2%	$4452.21	—	—	09857L108
NU	NU HLDGS LTD	190,000	$2.73M	0.2%	$14.40	—	—	G6683N103
VIK	VIKING HOLDINGS LTD	35,000	$2.572M	0.2%	$53.12	—	—	G93A5A101
HLT	HILTON WORLDWIDE HLDGS INC	8,000	$2.433M	0.2%	$248.33	—	—	43300A203
FTI	TECHNIPFMC PLC	30,000	$2.074M	0.1%	$35.59	—	—	G87110105
WTS	WATTS WATER TECHNOLOGIES INC	6,500	$1.887M	0.1%	$262.04	—	—	942749102
IQV	IQVIA HLDGS INC	10,005	$1.706M	0.1%	$218.03	—	—	46266C105
ADSK	AUTODESK INC	7,000	$1.676M	0.1%	$292.20	—	—	052769106
INTU	INTUIT	3,000	$1.297M	0.1%	$719.44	—	—	461202103
RIO	RIO TINTO PLC	12,700	$1.185M	0.1%	$93.29	—	—	767204100
REGN	REGENERON PHARMACEUTICALS	1,500	$1.159M	0.1%	$769.15	—	—	75886F107
VLO	VALERO ENERGY CORP	4,600	$1.137M	0.1%	$190.06	—	—	91913Y100
AEM	AGNICO EAGLE MINES LTD	5,450	$1.103M	0.1%	$206.02	—	—	008474108
ZTS	ZOETIS INC	8,900	$1.052M	0.1%	$125.98	—	—	98978V103
AESI	ATLAS ENERGY SOLUTIONS INC	72,700	$954K	0.1%	$20.31	—	—	642045108
DG	DOLLAR GEN CORP	6,000	$712K	0.0%	$147.69	—	—	256677105
RBA	RB GLOBAL INC	5,300	$507K	0.0%	$104.11	—	—	74935Q107
RCI	ROGERS COMMUNICATIONS INC	5,920	$227K	0.0%	$34.43	—	—	775109200

Decreased Positions (31)

MA MASTERCARD INCORPORATED 0.0%

Value $377K (-98.4%) Shares 735 (-98.5%) Est. Cost $408.87 Unrealized —

DELL DELL TECHNOLOGIES INC 1.4%

Value $21.37M (+132.0%) Shares 49,530 (-11.8%) Est. Cost $137.95 Unrealized —

APH AMPHENOL CORP 1.3%

Value $19.53M (-36.7%) Shares 110,784 (-54.6%) Est. Cost $110.24 Unrealized —

PHM PULTE GROUP INC 1.0%

Value $14.81M (-41.0%) Shares 107,923 (-49.5%) Est. Cost $126.22 Unrealized —

AZN ASTRAZENECA PLC 1.5%

Value $23.1M (-19.6%) Shares 121,834 (-16.4%) Est. Cost $190.39 Unrealized —

MU MICRON TECHNOLOGY INC 0.4%

Value $6.725M (+188.5%) Shares 5,826 (-15.6%) Est. Cost $387.04 Unrealized —

V VISA INC 1.5%

Value $23.47M (-8.3%) Shares 68,418 (-19.3%) Est. Cost $102.62 Unrealized —

ETN EATON CORP PLC 2.3%

Value $35.59M (-5.1%) Shares 83,528 (-20.4%) Est. Cost $179.40 Unrealized —

SII SPROTT INC 0.2%

Value $3.649M (-29.1%) Shares 32,400 (-10.5%) Est. Cost $75.59 Unrealized —

RJF RAYMOND JAMES FINL INC 0.1%

Value $2.25M (-39.8%) Shares 14,800 (-42.6%) Est. Cost $146.85 Unrealized —

OKE ONEOK INC NEW 0.0%

Value $362K (-76.2%) Shares 4,160 (-75.2%) Est. Cost $70.46 Unrealized —

PFE PFIZER INC 0.3%

Value $4.504M (-16.4%) Shares 187,055 (-2.5%) Est. Cost $25.43 Unrealized —

BND VANGUARD BD INDEX FDS 0.0%

Value $351K (-71.5%) Shares 4,775 (-71.4%) Est. Cost $78.47 Unrealized —

AVGO BROADCOM INC 2.0%

Value $31.6M (-1.9%) Shares 83,644 (-19.6%) Est. Cost $173.01 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.1%

Value $1.391M (-26.9%) Shares 17,600 (-26.7%) Est. Cost $79.42 Unrealized —

BAC BANK OF AMER CORP 0.2%

Value $3.001M (+10.9%) Shares 52,675 (-5.1%) Est. Cost $28.10 Unrealized —

KVUE KENVUE INC 0.2%

Value $3.044M (+9.4%) Shares 159,280 (-1.3%) Est. Cost $16.26 Unrealized —

CCEP COCA-COLA EUROPACIFIC PARTNE 0.3%

Value $4.512M (+5.7%) Shares 45,090 (-4.2%) Est. Cost $89.43 Unrealized —

ORLY OREILLY AUTOMOTIVE INC 1.0%

Value $16.01M (-1.4%) Shares 173,884 (-1.2%) Est. Cost $89.71 Unrealized —

TFII TFI INTERNATIONAL INC 0.1%

Value $837K (-20.7%) Shares 5,825 (-40.0%) Est. Cost $114.05 Unrealized —

TEL TE CONNECTIVITY PLC 0.1%

Value $2.005M (-7.5%) Shares 9,945 (-4.1%) Est. Cost $231.27 Unrealized —

JNJ JOHNSON & JOHNSON 0.5%

Value $7.998M (+2.1%) Shares 31,490 (-1.8%) Est. Cost $166.15 Unrealized —

PH PARKER-HANNIFIN CORP 0.4%

Value $6.655M (+2.2%) Shares 6,804 (-6.4%) Est. Cost $321.10 Unrealized —

CLS CELESTICA INC 0.0%

Value $729K (-12.4%) Shares 2,000 (-32.4%) Est. Cost $167.85 Unrealized —

ENB ENBRIDGE INC 0.1%

Value $1.198M (-7.3%) Shares 22,115 (-7.5%) Est. Cost $37.17 Unrealized —

CM CANADIAN IMPERIAL BANK OF CO 0.1%

Value $1.374M (+7.4%) Shares 11,940 (-11.8%) Est. Cost $57.17 Unrealized —

SU SUNCOR ENERGY INC NEW 0.0%

Value $238K (-21.8%) Shares 4,427 (-3.9%) Est. Cost $42.26 Unrealized —

SCHO SCHWAB STRATEGIC TR 0.1%

Value $1.075M (-3.8%) Shares 44,523 (-3.3%) Est. Cost $33.15 Unrealized —

VRTX VERTEX PHARMACEUTICALS INC 0.3%

Value $4.157M (-0.7%) Shares 8,368 (-10.8%) Est. Cost $444.00 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value $200K (-7.2%) Shares 400 (-11.1%) Est. Cost $497.53 Unrealized —

FLSP FRANKLIN TEMPLETON ETF TR 0.0%

Value $736K (-0.5%) Shares 26,588 (-2.3%) Est. Cost $27.20 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	735 (-98.5%)	$377K (-98.4%)	0.0%	$408.87	—	CL A	57636Q104
DELL	DELL TECHNOLOGIES INC	49,530 (-11.8%)	$21.37M (+132.0%)	1.4%	$137.95	—	CL C	24703L202
APH	AMPHENOL CORP	110,784 (-54.6%)	$19.53M (-36.7%)	1.3%	$110.24	—	CL A	032095101
PHM	PULTE GROUP INC	107,923 (-49.5%)	$14.81M (-41.0%)	1.0%	$126.22	—	COM	745867101
AZN	ASTRAZENECA PLC	121,834 (-16.4%)	$23.1M (-19.6%)	1.5%	$190.39	—	ORD	G0593M107
MU	MICRON TECHNOLOGY INC	5,826 (-15.6%)	$6.725M (+188.5%)	0.4%	$387.04	—	COM	595112103
V	VISA INC	68,418 (-19.3%)	$23.47M (-8.3%)	1.5%	$102.62	—	COM CL A	92826C839
ETN	EATON CORP PLC	83,528 (-20.4%)	$35.59M (-5.1%)	2.3%	$179.40	—	SHS	G29183103
SII	SPROTT INC	32,400 (-10.5%)	$3.649M (-29.1%)	0.2%	$75.59	—	COM NEW	852066208
RJF	RAYMOND JAMES FINL INC	14,800 (-42.6%)	$2.25M (-39.8%)	0.1%	$146.85	—	COM	754730109
OKE	ONEOK INC NEW	4,160 (-75.2%)	$362K (-76.2%)	0.0%	$70.46	—	COM	682680103
PFE	PFIZER INC	187,055 (-2.5%)	$4.504M (-16.4%)	0.3%	$25.43	—	COM	717081103
BND	VANGUARD BD INDEX FDS	4,775 (-71.4%)	$351K (-71.5%)	0.0%	$78.47	—	TOTAL BND MRKT	921937835
AVGO	BROADCOM INC	83,644 (-19.6%)	$31.6M (-1.9%)	2.0%	$173.01	—	COM	11135F101
VCSH	VANGUARD SCOTTSDALE FDS	17,600 (-26.7%)	$1.391M (-26.9%)	0.1%	$79.42	—	SHRT TRM CORP BD	92206C409
BAC	BANK OF AMER CORP	52,675 (-5.1%)	$3.001M (+10.9%)	0.2%	$28.10	—	COM	060505104
KVUE	KENVUE INC	159,280 (-1.3%)	$3.044M (+9.4%)	0.2%	$16.26	—	COM	49177J102
CCEP	COCA-COLA EUROPACIFIC PARTNE	45,090 (-4.2%)	$4.512M (+5.7%)	0.3%	$89.43	—	SHS	G25839104
ORLY	OREILLY AUTOMOTIVE INC	173,884 (-1.2%)	$16.01M (-1.4%)	1.0%	$89.71	—	COM	67103H107
TFII	TFI INTERNATIONAL INC	5,825 (-40.0%)	$837K (-20.7%)	0.1%	$114.05	—	COM	87241L109
TEL	TE CONNECTIVITY PLC	9,945 (-4.1%)	$2.005M (-7.5%)	0.1%	$231.27	—	ORD SHS	G87052109
JNJ	JOHNSON & JOHNSON	31,490 (-1.8%)	$7.998M (+2.1%)	0.5%	$166.15	—	COM	478160104
PH	PARKER-HANNIFIN CORP	6,804 (-6.4%)	$6.655M (+2.2%)	0.4%	$321.10	—	COM	701094104
CLS	CELESTICA INC	2,000 (-32.4%)	$729K (-12.4%)	0.0%	$167.85	—	COM	15101Q207
ENB	ENBRIDGE INC	22,115 (-7.5%)	$1.198M (-7.3%)	0.1%	$37.17	—	COM	29250N105
CM	CANADIAN IMPERIAL BANK OF CO	11,940 (-11.8%)	$1.374M (+7.4%)	0.1%	$57.17	—	COM	136069101
SU	SUNCOR ENERGY INC NEW	4,427 (-3.9%)	$238K (-21.8%)	0.0%	$42.26	—	COM	867224107
SCHO	SCHWAB STRATEGIC TR	44,523 (-3.3%)	$1.075M (-3.8%)	0.1%	$33.15	—	SHT TM US TRES	808524862
VRTX	VERTEX PHARMACEUTICALS INC	8,368 (-10.8%)	$4.157M (-0.7%)	0.3%	$444.00	—	COM	92532F100
BRK/B	BERKSHIRE HATHAWAY INC DEL	400 (-11.1%)	$200K (-7.2%)	0.0%	$497.53	—	CL B NEW	084670702
FLSP	FRANKLIN TEMPLETON ETF TR	26,588 (-2.3%)	$736K (-0.5%)	0.0%	$27.20	—	SYSTMTC STYL PRE	35473P546

Unchanged Positions (39)

GOOG ALPHABET INC 3.8%

Value $59.23M Shares 167,640 Est. Cost $113.93 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.7%

Value $26.91M Shares 64,734 Est. Cost $305.99 Unrealized —

BNS BANK NOVA SCOTIA B C 2.9%

Value $45.31M Shares 522,360 Est. Cost $61.97 Unrealized —

NVDA NVIDIA CORPORATION 4.6%

Value $70.77M Shares 353,693 Est. Cost $125.81 Unrealized —

AMZN AMAZON COM INC 4.0%

Value $62.08M Shares 260,465 Est. Cost $179.83 Unrealized —

AAPL APPLE INC 3.0%

Value $46.72M Shares 161,477 Est. Cost $194.16 Unrealized —

AME AMETEK INC 2.2%

Value $34.56M Shares 142,839 Est. Cost $218.63 Unrealized —

AMAT APPLIED MATLS INC 0.5%

Value $6.97M Shares 9,641 Est. Cost $128.13 Unrealized —

AGI ALAMOS GOLD INC 0.4%

Value $6.25M Shares 206,200 Est. Cost $8.65 Unrealized —

LRCX LAM RESEARCH CORP 0.4%

Value $5.417M Shares 12,500 Est. Cost $225.94 Unrealized —

JPM JPMORGAN CHASE & CO 0.8%

Value $12.42M Shares 37,954 Est. Cost $305.47 Unrealized —

FIX COMFORT SYS USA INC 0.3%

Value $3.964M Shares 2,000 Est. Cost $1196.06 Unrealized —

GLD SPDR GOLD TR 0.4%

Value $6.006M Shares 16,304 Est. Cost $240.20 Unrealized —

BGSI BOYD GROUP SERVICES INC 0.2%

Value $2.934M Shares 31,000 Est. Cost $163.75 Unrealized —

LDOS LEIDOS HOLDINGS INC 0.1%

Value $1.545M Shares 15,000 Est. Cost $176.44 Unrealized —

APP APPLOVIN CORP 0.2%

Value $2.834M Shares 5,500 Est. Cost $249.81 Unrealized —

GRID FIRST TR EXCHANGE-TRADED FD 0.3%

Value $4.333M Shares 22,596 Est. Cost $163.58 Unrealized —

HBM HUDBAY MINERALS INC 0.4%

Value $5.495M Shares 232,800 Est. Cost $6.24 Unrealized —

CTA SIMPLIFY EXCHANGE TRADED FUN 0.2%

Value $3.248M Shares 125,198 Est. Cost $29.62 Unrealized —

DE DEERE & CO 0.2%

Value $3.554M Shares 5,602 Est. Cost $486.68 Unrealized —

EME EMCOR GROUP INC 0.2%

Value $2.708M Shares 3,263 Est. Cost $552.40 Unrealized —

CRM SALESFORCE INC 0.1%

Value $1.567M Shares 10,000 Est. Cost $259.79 Unrealized —

RMD RESMED INC 0.1%

Value $1.851M Shares 9,500 Est. Cost $243.05 Unrealized —

HCA HCA HEALTHCARE INC 0.1%

Value $1.17M Shares 3,000 Est. Cost $373.21 Unrealized —

RDDT REDDIT INC 0.1%

Value $1.041M Shares 6,000 Est. Cost $189.65 Unrealized —

STN STANTEC INC 0.1%

Value $823K Shares 11,950 Est. Cost $81.18 Unrealized —

TW TRADEWEB MKTS INC 0.1%

Value $1.096M Shares 11,000 Est. Cost $126.03 Unrealized —

EFA ISHARES TR 0.2%

Value $2.958M Shares 28,476 Est. Cost $90.36 Unrealized —

EOG EOG RES INC 0.1%

Value $1.224M Shares 9,438 Est. Cost $110.55 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value $1.004M Shares 1,463 Est. Cost $480.70 Unrealized —

LVS LAS VEGAS SANDS CORP 0.0%

Value $693K Shares 15,000 Est. Cost $58.39 Unrealized —

SLF SUN LIFE FINANCIAL INC. 0.0%

Value $522K Shares 6,658 Est. Cost $56.51 Unrealized —

TPR TAPESTRY INC 0.2%

Value $2.488M Shares 17,000 Est. Cost $139.57 Unrealized —

DSGX DESCARTES SYS GROUP INC 0.1%

Value $2.174M Shares 31,400 Est. Cost $51.77 Unrealized —

ET ENERGY TRANSFER L P 0.5%

Value $7.266M Shares 380,005 Est. Cost $15.81 Unrealized —

FSV FIRSTSERVICE CORP NEW 0.2%

Value $3.454M Shares 24,300 Est. Cost $86.92 Unrealized —

FTS FORTIS INC 0.1%

Value $1.042M Shares 18,200 Est. Cost $37.13 Unrealized —

SCHW SCHWAB CHARLES CORP 0.1%

Value $1.138M Shares 12,332 Est. Cost $100.12 Unrealized —

TUA SIMPLIFY EXCHANGE TRADED FUN 0.0%

Value $393K Shares 19,232 Est. Cost $22.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	167,640	$59.23M	3.8%	$113.93	—	CAP STK CL C	02079K107
UNH	UNITEDHEALTH GROUP INC	64,734	$26.91M	1.7%	$305.99	—	COM	91324P102
BNS	BANK NOVA SCOTIA B C	522,360	$45.31M	2.9%	$61.97	—	COM	064149107
NVDA	NVIDIA CORPORATION	353,693	$70.77M	4.6%	$125.81	—	COM	67066G104
AMZN	AMAZON COM INC	260,465	$62.08M	4.0%	$179.83	—	COM	023135106
AAPL	APPLE INC	161,477	$46.72M	3.0%	$194.16	—	COM	037833100
AME	AMETEK INC	142,839	$34.56M	2.2%	$218.63	—	COM	031100100
AMAT	APPLIED MATLS INC	9,641	$6.97M	0.5%	$128.13	—	COM	038222105
AGI	ALAMOS GOLD INC	206,200	$6.25M	0.4%	$8.65	—	COM CL A	011532108
LRCX	LAM RESEARCH CORP	12,500	$5.417M	0.4%	$225.94	—	COM NEW	512807306
JPM	JPMORGAN CHASE & CO	37,954	$12.42M	0.8%	$305.47	—	COM	46625H100
FIX	COMFORT SYS USA INC	2,000	$3.964M	0.3%	$1196.06	—	COM	199908104
GLD	SPDR GOLD TR	16,304	$6.006M	0.4%	$240.20	—	GOLD SHS	78463V107
BGSI	BOYD GROUP SERVICES INC	31,000	$2.934M	0.2%	$163.75	—	COM	103310108
LDOS	LEIDOS HOLDINGS INC	15,000	$1.545M	0.1%	$176.44	—	COM	525327102
APP	APPLOVIN CORP	5,500	$2.834M	0.2%	$249.81	—	COM CL A	03831W108
GRID	FIRST TR EXCHANGE-TRADED FD	22,596	$4.333M	0.3%	$163.58	—	NASDQ CLN EDGE	33737A108
HBM	HUDBAY MINERALS INC	232,800	$5.495M	0.4%	$6.24	—	COM	443628102
CTA	SIMPLIFY EXCHANGE TRADED FUN	125,198	$3.248M	0.2%	$29.62	—	MANAGED FUTURES	82889N699
DE	DEERE & CO	5,602	$3.554M	0.2%	$486.68	—	COM	244199105
EME	EMCOR GROUP INC	3,263	$2.708M	0.2%	$552.40	—	COM	29084Q100
CRM	SALESFORCE INC	10,000	$1.567M	0.1%	$259.79	—	COM	79466L302
RMD	RESMED INC	9,500	$1.851M	0.1%	$243.05	—	COM	761152107
HCA	HCA HEALTHCARE INC	3,000	$1.17M	0.1%	$373.21	—	COM	40412C101
RDDT	REDDIT INC	6,000	$1.041M	0.1%	$189.65	—	CL A	75734B100
STN	STANTEC INC	11,950	$823K	0.1%	$81.18	—	COM	85472N109
TW	TRADEWEB MKTS INC	11,000	$1.096M	0.1%	$126.03	—	CL A	892672106
EFA	ISHARES TR	28,476	$2.958M	0.2%	$90.36	—	MSCI EAFE ETF	464287465
EOG	EOG RES INC	9,438	$1.224M	0.1%	$110.55	—	COM	26875P101
VOO	VANGUARD INDEX FDS	1,463	$1.004M	0.1%	$480.70	—	S&P 500 ETF SHS	922908363
LVS	LAS VEGAS SANDS CORP	15,000	$693K	0.0%	$58.39	—	COM	517834107
SLF	SUN LIFE FINANCIAL INC.	6,658	$522K	0.0%	$56.51	—	COM	866796105
TPR	TAPESTRY INC	17,000	$2.488M	0.2%	$139.57	—	COM	876030107
DSGX	DESCARTES SYS GROUP INC	31,400	$2.174M	0.1%	$51.77	—	COM	249906108
ET	ENERGY TRANSFER L P	380,005	$7.266M	0.5%	$15.81	—	COM UT LTD PTN	29273V100
FSV	FIRSTSERVICE CORP NEW	24,300	$3.454M	0.2%	$86.92	—	COM	33767E202
FTS	FORTIS INC	18,200	$1.042M	0.1%	$37.13	—	COM	349553107
SCHW	SCHWAB CHARLES CORP	12,332	$1.138M	0.1%	$100.12	—	COM	808513105
TUA	SIMPLIFY EXCHANGE TRADED FUN	19,232	$393K	0.0%	$22.43	—	SHORT TERM TREA	82889N657