Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	Exxon Mobil Corp	112,053	$15.32M	2.7%	$136.72	—	—	30233Q108
FCX	Freeport-McMoRan Inc	68,593	$4.314M	0.8%	$62.89	—	—	35671D857
RUSHA	Rush Enterprises Inc	24,526	$1.79M	0.3%	$72.98	—	—	781846209
FHN	First Horizon Corp	10,892	$279K	0.0%	$25.62	—	—	320517105
XLK	The Technology Select Sector SPDR ETF	1,381	$263K	0.0%	$190.44	—	—	81369Y803
EMR	Emerson Electric Co	1,744	$250K	0.0%	$143.35	—	—	291011104
PSA	Public Storage	667	$212K	0.0%	$317.84	—	—	74460D109
BA	Boeing Co	952	$206K	0.0%	$216.39	—	—	097023105

Increased Positions (13)

AMZN Amazon.com Inc 1.0%

Value $5.791M (+413.4%) Shares 24,296 (+348.8%) Est. Cost $217.68 Unrealized —

CVS CVS Health Corp 1.8%

Value $10.08M (+73.4%) Shares 97,471 (+20.4%) Est. Cost $63.47 Unrealized —

HD The Home Depot Inc 2.3%

Value $12.72M (+9.2%) Shares 36,073 (+1.9%) Est. Cost $226.49 Unrealized —

ADBE Adobe Systems Inc 1.0%

Value $5.888M (-14.6%) Shares 28,720 (+1.3%) Est. Cost $119.63 Unrealized —

SLB Schlumberger Ltd 1.9%

Value $10.89M (-6.8%) Shares 234,232 (+3.0%) Est. Cost $36.29 Unrealized —

RSP Invesco S&P 500 Equal Weight ETF 0.3%

Value $1.42M (+18.2%) Shares 6,676 (+6.7%) Est. Cost $170.19 Unrealized —

SCHZ Schwab US Aggregate Bond ETF 1.6%

Value $8.782M (+2.2%) Shares 379,697 (+2.6%) Est. Cost $25.51 Unrealized —

J Jacobs Solutions Inc 2.9%

Value $16.13M (+1.2%) Shares 128,042 (+2.2%) Est. Cost $101.84 Unrealized —

CAT Caterpillar Inc 0.1%

Value $457K (+58.7%) Shares 429 (+5.4%) Est. Cost $581.64 Unrealized —

DIS Walt Disney Co 2.2%

Value $12.26M (+1.3%) Shares 127,420 (+1.5%) Est. Cost $75.48 Unrealized —

V Visa Inc Class A 0.0%

Value $275K (+36.8%) Shares 802 (+20.4%) Est. Cost $340.81 Unrealized —

SCHF Schwab International Equity ETF 0.1%

Value $387K (+13.5%) Shares 13,982 (+1.4%) Est. Cost $22.28 Unrealized —

SONY Sony Group Corp 2.2%

Value $12.21M (-0.2%) Shares 608,661 (+3.0%) Est. Cost $38.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	Amazon.com Inc	24,296 (+348.8%)	$5.791M (+413.4%)	1.0%	$217.68	—	—	023135106
CVS	CVS Health Corp	97,471 (+20.4%)	$10.08M (+73.4%)	1.8%	$63.47	—	—	126650100
HD	The Home Depot Inc	36,073 (+1.9%)	$12.72M (+9.2%)	2.3%	$226.49	—	—	437076102
ADBE	Adobe Systems Inc	28,720 (+1.3%)	$5.888M (-14.6%)	1.0%	$119.63	—	—	00724F101
SLB	Schlumberger Ltd	234,232 (+3.0%)	$10.89M (-6.8%)	1.9%	$36.29	—	—	806857108
RSP	Invesco S&P 500 Equal Weight ETF	6,676 (+6.7%)	$1.42M (+18.2%)	0.3%	$170.19	—	—	46137V357
SCHZ	Schwab US Aggregate Bond ETF	379,697 (+2.6%)	$8.782M (+2.2%)	1.6%	$25.51	—	—	808524839
J	Jacobs Solutions Inc	128,042 (+2.2%)	$16.13M (+1.2%)	2.9%	$101.84	—	—	46982L108
CAT	Caterpillar Inc	429 (+5.4%)	$457K (+58.7%)	0.1%	$581.64	—	—	149123101
DIS	Walt Disney Co	127,420 (+1.5%)	$12.26M (+1.3%)	2.2%	$75.48	—	—	254687106
V	Visa Inc Class A	802 (+20.4%)	$275K (+36.8%)	0.0%	$340.81	—	—	92826C839
SCHF	Schwab International Equity ETF	13,982 (+1.4%)	$387K (+13.5%)	0.1%	$22.28	—	—	808524805
SONY	Sony Group Corp	608,661 (+3.0%)	$12.21M (-0.2%)	2.2%	$38.00	—	—	835699307

Exited Positions (2)

XOM Exxon Mobil Corp 3.4%

Value $19.43M Shares 114,521 Est. Cost $59.57 Unrealized —

NFLX Netflix Inc 0.0%

Value $223K Shares 2,320 Est. Cost $108.22 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	Exxon Mobil Corp	114,521	$19.43M	3.4%	$59.57	—	—	30231G102
NFLX	Netflix Inc	2,320	$223K	0.0%	$108.22	—	—	64110L106

Decreased Positions (30)

CSCO Cisco Systems Inc 4.3%

Value $24.36M (+42.3%) Shares 207,404 (-6.0%) Est. Cost $25.35 Unrealized —

TER Teradyne Inc 2.9%

Value $16.58M (+30.4%) Shares 34,270 (-20.1%) Est. Cost $94.59 Unrealized —

UPS United Parcel Service Inc Class B 0.2%

Value $1.014M (-78.1%) Shares 9,430 (-80.0%) Est. Cost $72.63 Unrealized —

WMT Wal-Mart Stores Inc 4.4%

Value $24.68M (-11.3%) Shares 217,908 (-2.6%) Est. Cost $45.06 Unrealized —

ADI Analog Devices Inc 4.1%

Value $23.45M (+12.4%) Shares 59,030 (-10.0%) Est. Cost $87.18 Unrealized —

ALC Alcon Inc 2.1%

Value $11.74M (-11.9%) Shares 175,035 (-1.0%) Est. Cost $62.54 Unrealized —

KMI Kinder Morgan Inc P 3.3%

Value $18.86M (-7.4%) Shares 590,011 (-2.9%) Est. Cost $12.70 Unrealized —

JPM JPMorgan Chase & Co 2.4%

Value $13.29M (+9.5%) Shares 40,610 (-1.6%) Est. Cost $246.14 Unrealized —

JCI Johnson Controls International PLC 3.2%

Value $18.28M (+6.2%) Shares 125,096 (-4.8%) Est. Cost $46.15 Unrealized —

MRSH Marsh & Mclennan Companies Inc 0.8%

Value $4.547M (-18.7%) Shares 27,279 (-15.4%) Est. Cost $221.60 Unrealized —

MLM Martin Marietta Materials Inc 3.0%

Value $16.84M (-4.0%) Shares 29,198 (-2.0%) Est. Cost $201.49 Unrealized —

DHR Danaher Corp 0.9%

Value $4.914M (-10.8%) Shares 25,798 (-11.2%) Est. Cost $230.78 Unrealized —

IBM International Business Machines Corp 1.7%

Value $9.583M (+5.3%) Shares 34,076 (-9.2%) Est. Cost $116.29 Unrealized —

LH Labcorp Holdings Inc 3.4%

Value $18.96M (+2.4%) Shares 67,700 (-2.4%) Est. Cost $201.87 Unrealized —

CFR Cullen/Frost Bankers Inc 0.6%

Value $3.447M (+10.7%) Shares 22,309 (-1.8%) Est. Cost $53.18 Unrealized —

ORCL Oracle Corp 1.4%

Value $7.789M (-2.8%) Shares 53,147 (-2.4%) Est. Cost $117.37 Unrealized —

KEX Kirby Corp 3.1%

Value $17.52M (+1.2%) Shares 128,880 (-1.1%) Est. Cost $64.39 Unrealized —

ITW Illinois Tool Works Inc 2.3%

Value $12.77M (+1.6%) Shares 47,214 (-2.2%) Est. Cost $63.91 Unrealized —

JBHT JB Hunt Transport Services Inc 0.1%

Value $782K (+34.6%) Shares 2,703 (-1.5%) Est. Cost $99.03 Unrealized —

LLY Eli Lilly and Co 0.2%

Value $1.137M (+17.9%) Shares 948 (-9.5%) Est. Cost $192.74 Unrealized —

GOOGL Alphabet Inc A 0.2%

Value $934K (+20.7%) Shares 2,613 (-2.9%) Est. Cost $114.13 Unrealized —

AMTM Amentum Holdings Inc 0.1%

Value $404K (-22.8%) Shares 19,526 (-2.6%) Est. Cost $28.49 Unrealized —

GOOG Alphabet Inc C 0.1%

Value $823K (+16.2%) Shares 2,330 (-5.6%) Est. Cost $143.86 Unrealized —

META Meta Platforms Inc Class A 0.1%

Value $406K (-20.2%) Shares 721 (-19.0%) Est. Cost $519.71 Unrealized —

GEV GE Vernova Inc 0.1%

Value $549K (+21.7%) Shares 467 (-9.7%) Est. Cost $476.03 Unrealized —

TSN Tyson Foods Inc Class A 0.1%

Value $543K (-11.7%) Shares 9,477 (-1.2%) Est. Cost $35.18 Unrealized —

ABT Abbott Laboratories 0.1%

Value $332K (-16.4%) Shares 3,655 (-5.6%) Est. Cost $49.21 Unrealized —

MKL Markel Group Inc 2.4%

Value $13.51M (+0.2%) Shares 6,919 (-1.8%) Est. Cost $1384.72 Unrealized —

SCHG Schwab US Large-Cap Growth ETF 0.0%

Value $226K (+9.7%) Shares 6,668 (-5.7%) Est. Cost $32.04 Unrealized —

OZK Bank OZK 0.1%

Value $333K (+6.1%) Shares 6,397 (-6.5%) Est. Cost $26.69 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CSCO	Cisco Systems Inc	207,404 (-6.0%)	$24.36M (+42.3%)	4.3%	$25.35	—	—	17275R102
TER	Teradyne Inc	34,270 (-20.1%)	$16.58M (+30.4%)	2.9%	$94.59	—	—	880770102
UPS	United Parcel Service Inc Class B	9,430 (-80.0%)	$1.014M (-78.1%)	0.2%	$72.63	—	—	911312106
WMT	Wal-Mart Stores Inc	217,908 (-2.6%)	$24.68M (-11.3%)	4.4%	$45.06	—	—	931142103
ADI	Analog Devices Inc	59,030 (-10.0%)	$23.45M (+12.4%)	4.1%	$87.18	—	—	032654105
ALC	Alcon Inc	175,035 (-1.0%)	$11.74M (-11.9%)	2.1%	$62.54	—	—	H01301128
KMI	Kinder Morgan Inc P	590,011 (-2.9%)	$18.86M (-7.4%)	3.3%	$12.70	—	—	49456B101
JPM	JPMorgan Chase & Co	40,610 (-1.6%)	$13.29M (+9.5%)	2.4%	$246.14	—	—	46625H100
JCI	Johnson Controls International PLC	125,096 (-4.8%)	$18.28M (+6.2%)	3.2%	$46.15	—	—	G51502105
MRSH	Marsh & Mclennan Companies Inc	27,279 (-15.4%)	$4.547M (-18.7%)	0.8%	$221.60	—	—	571748102
MLM	Martin Marietta Materials Inc	29,198 (-2.0%)	$16.84M (-4.0%)	3.0%	$201.49	—	—	573284106
DHR	Danaher Corp	25,798 (-11.2%)	$4.914M (-10.8%)	0.9%	$230.78	—	—	235851102
IBM	International Business Machines Corp	34,076 (-9.2%)	$9.583M (+5.3%)	1.7%	$116.29	—	—	459200101
LH	Labcorp Holdings Inc	67,700 (-2.4%)	$18.96M (+2.4%)	3.4%	$201.87	—	—	504922105
CFR	Cullen/Frost Bankers Inc	22,309 (-1.8%)	$3.447M (+10.7%)	0.6%	$53.18	—	—	229899109
ORCL	Oracle Corp	53,147 (-2.4%)	$7.789M (-2.8%)	1.4%	$117.37	—	—	68389X105
KEX	Kirby Corp	128,880 (-1.1%)	$17.52M (+1.2%)	3.1%	$64.39	—	—	497266106
ITW	Illinois Tool Works Inc	47,214 (-2.2%)	$12.77M (+1.6%)	2.3%	$63.91	—	—	452308109
JBHT	JB Hunt Transport Services Inc	2,703 (-1.5%)	$782K (+34.6%)	0.1%	$99.03	—	—	445658107
LLY	Eli Lilly and Co	948 (-9.5%)	$1.137M (+17.9%)	0.2%	$192.74	—	—	532457108
GOOGL	Alphabet Inc A	2,613 (-2.9%)	$934K (+20.7%)	0.2%	$114.13	—	—	02079K305
AMTM	Amentum Holdings Inc	19,526 (-2.6%)	$404K (-22.8%)	0.1%	$28.49	—	—	023939101
GOOG	Alphabet Inc C	2,330 (-5.6%)	$823K (+16.2%)	0.1%	$143.86	—	—	02079K107
META	Meta Platforms Inc Class A	721 (-19.0%)	$406K (-20.2%)	0.1%	$519.71	—	—	30303M102
GEV	GE Vernova Inc	467 (-9.7%)	$549K (+21.7%)	0.1%	$476.03	—	—	36828A101
TSN	Tyson Foods Inc Class A	9,477 (-1.2%)	$543K (-11.7%)	0.1%	$35.18	—	—	902494103
ABT	Abbott Laboratories	3,655 (-5.6%)	$332K (-16.4%)	0.1%	$49.21	—	—	002824100
MKL	Markel Group Inc	6,919 (-1.8%)	$13.51M (+0.2%)	2.4%	$1384.72	—	—	570535104
SCHG	Schwab US Large-Cap Growth ETF	6,668 (-5.7%)	$226K (+9.7%)	0.0%	$32.04	—	—	808524300
OZK	Bank OZK	6,397 (-6.5%)	$333K (+6.1%)	0.1%	$26.69	—	—	06417N103

Unchanged Positions (38)

AYI Acuity Brands Inc 3.2%

Value $18.14M Shares 48,156 Est. Cost $91.85 Unrealized —

GE GE Aerospace 1.8%

Value $10.13M Shares 27,095 Est. Cost $87.16 Unrealized —

AAPL Apple Inc 3.6%

Value $20.18M Shares 69,721 Est. Cost $135.66 Unrealized —

LRCX Lam Research Corp 0.8%

Value $4.48M Shares 10,338 Est. Cost $76.15 Unrealized —

PANW Palo Alto Networks Inc 0.6%

Value $3.486M Shares 10,223 Est. Cost $131.70 Unrealized —

ACN Accenture PLC A 0.4%

Value $2.275M Shares 18,280 Est. Cost $322.71 Unrealized —

NKE Nike Inc B 0.8%

Value $4.541M Shares 110,626 Est. Cost $50.52 Unrealized —

SCHM Schwab US Mid-Cap ETF 0.9%

Value $5.037M Shares 136,608 Est. Cost $30.88 Unrealized —

SYK Stryker Corp 2.4%

Value $13.74M Shares 43,630 Est. Cost $207.34 Unrealized —

NVDA NVIDIA Corp 0.7%

Value $4.105M Shares 20,518 Est. Cost $96.94 Unrealized —

RTX RTX Corp 3.5%

Value $19.72M Shares 103,942 Est. Cost $89.73 Unrealized —

SCHW Charles Schwab Corp 3.0%

Value $16.82M Shares 182,238 Est. Cost $41.56 Unrealized —

TMO Thermo Fisher Scientific Inc 2.7%

Value $15.42M Shares 30,756 Est. Cost $112.47 Unrealized —

ANET Arista Networks Inc 0.2%

Value $937K Shares 5,513 Est. Cost $102.84 Unrealized —

BRK/B Berkshire Hathaway Inc B 0.9%

Value $5.053M Shares 10,098 Est. Cost $212.96 Unrealized —

MSFT Microsoft Corp 3.3%

Value $18.53M Shares 49,685 Est. Cost $28.54 Unrealized —

SCHX Schwab US Large-Cap ETF 0.3%

Value $1.415M Shares 48,069 Est. Cost $32.62 Unrealized —

ABBV AbbVie Inc 0.2%

Value $1.096M Shares 4,355 Est. Cost $65.73 Unrealized —

BAC Bank of America Corporation 0.2%

Value $883K Shares 15,502 Est. Cost $15.42 Unrealized —

WEST Westrock Coffee 0.0%

Value $192K Shares 23,615 Est. Cost $6.26 Unrealized —

HBAN Huntington Bancshares Inc 0.1%

Value $653K Shares 36,818 Est. Cost $17.89 Unrealized —

KO Coca-Cola Co 0.2%

Value $1.031M Shares 12,684 Est. Cost $31.12 Unrealized —

QQQ Invesco QQQ Trust 0.1%

Value $299K Shares 405 Est. Cost $508.28 Unrealized —

EME EMCOR Group Inc 0.1%

Value $579K Shares 698 Est. Cost $440.85 Unrealized —

BRK/A Berkshire Hathaway Inc A 0.3%

Value $1.498M Shares 2 Est. Cost $729330.75 Unrealized —

RF Regions Financial Corp 0.1%

Value $398K Shares 13,168 Est. Cost $8.66 Unrealized —

MRK Merck & Co Inc 0.1%

Value $754K Shares 5,866 Est. Cost $60.89 Unrealized —

JNJ Johnson & Johnson 0.2%

Value $1.152M Shares 4,535 Est. Cost $87.89 Unrealized —

PEP PepsiCo Inc 0.0%

Value $245K Shares 1,809 Est. Cost $100.24 Unrealized —

IWS iShares Russell Mid-Cap Value ETF 0.1%

Value $293K Shares 1,781 Est. Cost $122.44 Unrealized —

HOMB Home BancShares Inc 0.1%

Value $559K Shares 19,594 Est. Cost $19.19 Unrealized —

DFAC Dimensional US Core Equity ETF 0.0%

Value $244K Shares 5,502 Est. Cost $38.53 Unrealized —

COST Costco Wholesale Corp 0.1%

Value $376K Shares 402 Est. Cost $496.48 Unrealized —

AEP American Electric Power Co Inc 0.1%

Value $432K Shares 3,160 Est. Cost $43.35 Unrealized —

BMY Bristol-Myers Squibb Company 0.0%

Value $265K Shares 4,601 Est. Cost $47.53 Unrealized —

ETR Entergy Corp 0.1%

Value $574K Shares 5,000 Est. Cost $48.77 Unrealized —

SO Southern Co 0.1%

Value $679K Shares 7,091 Est. Cost $39.23 Unrealized —

WCN Waste Connections Inc 0.1%

Value $295K Shares 1,772 Est. Cost $57.45 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AYI	Acuity Brands Inc	48,156	$18.14M	3.2%	$91.85	—	—	00508Y102
GE	GE Aerospace	27,095	$10.13M	1.8%	$87.16	—	—	369604301
AAPL	Apple Inc	69,721	$20.18M	3.6%	$135.66	—	—	037833100
LRCX	Lam Research Corp	10,338	$4.48M	0.8%	$76.15	—	—	512807306
PANW	Palo Alto Networks Inc	10,223	$3.486M	0.6%	$131.70	—	—	697435105
ACN	Accenture PLC A	18,280	$2.275M	0.4%	$322.71	—	—	G1151C101
NKE	Nike Inc B	110,626	$4.541M	0.8%	$50.52	—	—	654106103
SCHM	Schwab US Mid-Cap ETF	136,608	$5.037M	0.9%	$30.88	—	—	808524508
SYK	Stryker Corp	43,630	$13.74M	2.4%	$207.34	—	—	863667101
NVDA	NVIDIA Corp	20,518	$4.105M	0.7%	$96.94	—	—	67066G104
RTX	RTX Corp	103,942	$19.72M	3.5%	$89.73	—	—	75513E101
SCHW	Charles Schwab Corp	182,238	$16.82M	3.0%	$41.56	—	—	808513105
TMO	Thermo Fisher Scientific Inc	30,756	$15.42M	2.7%	$112.47	—	—	883556102
ANET	Arista Networks Inc	5,513	$937K	0.2%	$102.84	—	—	040413205
BRK/B	Berkshire Hathaway Inc B	10,098	$5.053M	0.9%	$212.96	—	—	084670702
MSFT	Microsoft Corp	49,685	$18.53M	3.3%	$28.54	—	—	594918104
SCHX	Schwab US Large-Cap ETF	48,069	$1.415M	0.3%	$32.62	—	—	808524201
ABBV	AbbVie Inc	4,355	$1.096M	0.2%	$65.73	—	—	00287Y109
BAC	Bank of America Corporation	15,502	$883K	0.2%	$15.42	—	—	060505104
WEST	Westrock Coffee	23,615	$192K	0.0%	$6.26	—	—	96145W103
HBAN	Huntington Bancshares Inc	36,818	$653K	0.1%	$17.89	—	—	446150104
KO	Coca-Cola Co	12,684	$1.031M	0.2%	$31.12	—	—	191216100
QQQ	Invesco QQQ Trust	405	$299K	0.1%	$508.28	—	—	46090E103
EME	EMCOR Group Inc	698	$579K	0.1%	$440.85	—	—	29084Q100
BRK/A	Berkshire Hathaway Inc A	2	$1.498M	0.3%	$729330.75	—	—	084670108
RF	Regions Financial Corp	13,168	$398K	0.1%	$8.66	—	—	7591EP100
MRK	Merck & Co Inc	5,866	$754K	0.1%	$60.89	—	—	58933Y105
JNJ	Johnson & Johnson	4,535	$1.152M	0.2%	$87.89	—	—	478160104
PEP	PepsiCo Inc	1,809	$245K	0.0%	$100.24	—	—	713448108
IWS	iShares Russell Mid-Cap Value ETF	1,781	$293K	0.1%	$122.44	—	—	464287473
HOMB	Home BancShares Inc	19,594	$559K	0.1%	$19.19	—	—	436893200
DFAC	Dimensional US Core Equity ETF	5,502	$244K	0.0%	$38.53	—	—	25434V708
COST	Costco Wholesale Corp	402	$376K	0.1%	$496.48	—	—	22160K105
AEP	American Electric Power Co Inc	3,160	$432K	0.1%	$43.35	—	—	025537101
BMY	Bristol-Myers Squibb Company	4,601	$265K	0.0%	$47.53	—	—	110122108
ETR	Entergy Corp	5,000	$574K	0.1%	$48.77	—	—	29364G103
SO	Southern Co	7,091	$679K	0.1%	$39.23	—	—	842587107
WCN	Waste Connections Inc	1,772	$295K	0.1%	$57.45	—	—	94106B101