Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	Alphabet Inc. Class C	23,069	$4.231M	2.9%	$108.22	+56.1%	COM	02079K107
FISV	Fiserv Inc.	20,266	$3.02M	2.0%	$62.78	+141.1%	COM	337738108
LIN	Linde PLC	6,357	$2.79M	1.9%	$323.76	+33.0%	COM	G54950103
ITT	ITT Corp.	21,022	$2.716M	1.8%	$39.48	+232.6%	COM	45073V108
CLMB	Climb Global Solutions Inc.	42,901	$2.695M	1.8%	$16.63	+260.5%	COM	946760105
CMI	Cummins Inc.	9,255	$2.563M	1.7%	$143.58	+92.3%	COM	231021106
ADP	Automatic Data Processing, Inc	10,672	$2.547M	1.7%	$58.40	+305.2%	COM	053015103
—	Schneider Electric SA	10,388	$2.497M	1.7%	$72.71	—	COM	483410007
SNA	Snap-on Inc.	9,376	$2.451M	1.7%	$135.24	+94.4%	COM	833034101
HUBB	Hubbell Inc.	6,614	$2.417M	1.6%	$84.41	+354.8%	COM	443510607
GWW	W.W. Grainger, Inc.	2,570	$2.319M	1.6%	$194.62	+376.7%	COM	384802104
SKT	Tanger Factory Outlet Centers,	80,922	$2.194M	1.5%	$5.00	—	COM	875465106
PH	Parker Hannifin Corp.	4,149	$2.099M	1.4%	$96.71	+445.6%	COM	701094104
PAYX	Paychex, Inc.	17,293	$2.05M	1.4%	$35.95	+223.6%	COM	704326107
GGG	Graco Inc.	25,371	$2.011M	1.4%	$33.95	+140.8%	COM	384109104
PAC	Grupo Aeroportuario Del Pacifi	12,582	$1.96M	1.3%	$75.93	—	ADR	400506101
WES	Western Midstream Partners, LP	48,760	$1.937M	1.3%	$27.79	—	UNIT LTD PARTN	958669103
SHW	Sherwin-Williams Co.	6,412	$1.913M	1.3%	$158.78	+92.2%	COM	824348106
—	Banco del Bajio SA	628,003	$1.912M	1.3%	$1.78	—	COM	ACI0VM9Y9
KLAC	KLA Corp.	2,261	$1.864M	1.3%	$347.81	+109.4%	COM	482480100
HON	Honeywell International Inc.	8,011	$1.711M	1.2%	$79.73	+130.5%	COM	438516106
META	Meta Platforms, Inc.	3,386	$1.708M	1.2%	$200.71	+140.8%	COM	30303M102
MTD	Mettler-Toledo International,	1,210	$1.691M	1.1%	$350.64	+290.1%	COM	592688105
—	Gaztransport et Technigaz SAS	12,788	$1.67M	1.1%	$51.64	—	COM	ACI07W296
—	Dollarama Inc.	18,286	$1.67M	1.1%	$24.55	—	COM	25675T958
—	SThree PLC	316,606	$1.65M	1.1%	$4.66	—	COM	BOKM9T907
AVY	Avery Dennison Corp.	7,449	$1.629M	1.1%	$57.94	+270.9%	COM	053611109
PBA	Pembina Pipeline Corp.	42,718	$1.584M	1.1%	$21.76	+56.0%	COM	706327103
—	Straumann Holdings AG	12,754	$1.58M	1.1%	$135.44	—	COM	715683900
SWKS	Skyworks Solutions Inc.	14,728	$1.57M	1.1%	$82.67	+12.3%	COM	83088M102
GRMN	Garmin LTD	9,635	$1.57M	1.1%	$96.97	+58.0%	COM	H2906T109
MGY	Magnolia Oil & Gas Corp.	61,432	$1.557M	1.1%	$15.09	+69.0%	COM	559663109
GVDNY	Givaudan SA ADR	16,400	$1.553M	1.0%	$36.33	—	ADR	37636P108
MCD	McDonald's Corp.	5,951	$1.517M	1.0%	$84.63	+201.4%	COM	580135101
FAST	Fastenal Co.	23,943	$1.505M	1.0%	$18.81	+73.4%	COM	311900104
—	Lam Research Corp.	1,401	$1.492M	1.0%	$450.71	—	COM	512807108
NSC	Norfolk & Southern Corp.	6,922	$1.486M	1.0%	$65.36	+243.0%	COM	655844108
AAPL	Apple Inc.	7,032	$1.481M	1.0%	$90.03	+105.6%	COM	037833100
ATR	AptarGroup, Inc.	10,263	$1.445M	1.0%	$62.25	+127.1%	COM	038336103
NVS	Novartis AG ADR	13,551	$1.443M	1.0%	$80.93	—	ADR	66987V109
KMI	Kinder Morgan, Inc.	72,591	$1.442M	1.0%	$13.25	+33.8%	COM	49456B101
OGS	ONE Gas, Inc.	22,487	$1.436M	1.0%	$63.86	-1.8%	COM	68235P108
AHRT	Armada Hoffler Properties, Inc	126,126	$1.399M	0.9%	$7.55	—	COM	04208T108
LKFN	Lakeland Financial Corp.	22,533	$1.386M	0.9%	$47.77	+20.4%	COM	511656100
ET	Energy Transfer LP	85,192	$1.382M	0.9%	$11.01	—	UNIT LTD PARTN	29273V100
EMR	Emerson Electric Co.	12,536	$1.381M	0.9%	$56.22	+91.1%	COM	291011104
—	Sabre Insurance Group PLC	702,361	$1.336M	0.9%	$0.41	—	COM	BYWVDP903
—	TotalEnergies SE ADR	19,866	$1.325M	0.9%	$49.07	—	ADR	89151E109
CPK	Chesapeake Utilities Corp.	12,409	$1.318M	0.9%	$49.78	+107.3%	COM	165303108
TSM	Taiwan Semiconductor Manufactu	7,545	$1.311M	0.9%	$2.07	—	ADR	874039100
LKQ	LKQ Corp.	31,069	$1.292M	0.9%	$32.23	+31.6%	COM	501889208
HEINY	Heineken NV ADR	25,883	$1.251M	0.8%	$37.88	—	ADR	423012301
AGYS	Agilysys, Inc.	11,727	$1.221M	0.8%	$19.58	+358.3%	COM	00847J105
BRT	BRT Apartments Corp.	68,784	$1.202M	0.8%	$12.55	—	COM	055645303
PB	Prosperity Bancshares Inc.	19,449	$1.189M	0.8%	$46.04	+26.5%	COM	743606105
LECO	Lincoln Electric Holdings, Inc	6,250	$1.179M	0.8%	$92.56	+134.5%	COM	533900106
ATO	Atmos Energy Corp.	9,856	$1.15M	0.8%	$72.29	+55.1%	COM	049560105
—	Labrador Iron Ore Royalty Corp	52,370	$1.121M	0.8%	$14.71	—	COM	505440966
EPD	Enterprise Products Partners L	37,885	$1.098M	0.7%	$33.38	—	UNIT LTD PARTN	293792107
GTBIF	Green Thumb Industries Inc.	90,831	$1.089M	0.7%	$15.49	-18.7%	COM	39342L108
VET	Vermilion Energy Trust	93,871	$1.034M	0.7%	$11.88	0.0%	COM	923725105
CMCSA	Comcast Corp.	25,769	$1.009M	0.7%	$27.48	+35.1%	COM	20030N101
USPH	US Physical Therapy Inc.	10,559	$976K	0.7%	$62.93	+60.7%	COM	90337L108
DLHC	DLH Holdings Corp.	92,156	$973K	0.7%	$11.05	+2.1%	COM	23335Q100
GAIN	Gladstone Investment Corp.	68,611	$959K	0.6%	$5.25	+116.9%	COM	376546107
TNC	Tennant Co.	9,656	$951K	0.6%	$54.85	+92.2%	COM	880345103
—	Compagnie Michelin	24,483	$947K	0.6%	$0.66	—	COM	BPBPJ0907
NDSN	Nordson Corp.	4,061	$942K	0.6%	$106.76	+130.8%	COM	655663102
NGG	National Grid PLC ADS	16,175	$919K	0.6%	$59.24	—	ADR	636274409
IEX	IDEX Corp.	4,516	$909K	0.6%	$180.10	+18.5%	COM	45167R104
DMLP	Dorchester Minerals LP	29,415	$907K	0.6%	$14.46	—	UNIT LTD PARTN	25820R105
FBK	FB Financial Corp.	23,129	$903K	0.6%	$20.21	+78.2%	COM	30257X104
CVS	CVS Health Corp.	15,201	$898K	0.6%	$51.44	+13.8%	COM	126650100
NOW	ServiceNow, Inc.	1,107	$871K	0.6%	$146.74	0.0%	COM	81762P102
CHD	Church & Dwight Company, Inc.	8,292	$860K	0.6%	$43.81	+136.9%	COM	171340102
—	Sparebank 1 SR-Bank	68,925	$843K	0.6%	$5.75	—	COM	B40JTQ902
ENB	Enbridge Inc.	21,826	$777K	0.5%	$20.64	+56.8%	COM	29250N105
ETN	Eaton Corp. PLC	2,469	$774K	0.5%	$103.87	+205.5%	COM	G29183103
CHRD	Chord Energy Corporation	4,531	$760K	0.5%	$162.01	0.0%	COM	674215207
—	Martinrea International Inc.	89,692	$754K	0.5%	$8.60	—	COM	573459963
BIOX	Bioceres Crop Solutions Corp.	66,978	$751K	0.5%	$10.31	+13.3%	COM	G1117K114
CSCO	Cisco Systems Inc.	15,398	$732K	0.5%	$37.14	+22.0%	COM	17275R102
SFL	SFL Corp. LTD	51,472	$714K	0.5%	$13.58	-0.3%	COM	G7738W106
BAC	Bank of America Corp.	17,185	$683K	0.5%	$23.23	+58.6%	COM	060505104
TXRH	Texas Roadhouse, Inc.	3,922	$673K	0.5%	$133.50	+19.1%	COM	882681109
BHP	BHP LTD ADR	11,787	$673K	0.5%	$68.24	—	ADR	088606108
—	Commonwealth Bank of Australia	7,799	$663K	0.4%	$61.22	—	COM	621503002
VZ	Verizon Communications Inc.	15,955	$658K	0.4%	$33.18	+9.9%	COM	92343V104
T	AT&T Inc.	33,656	$643K	0.4%	$15.72	+2.8%	COM	00206R102
CMWAY	Commonwealth Bank of Australia	7,544	$638K	0.4%	$74.02	—	COM	202712600
—	Coats Group PLC	634,495	$636K	0.4%	$0.74	—	COM	B4YZN3906
CHCT	Community Healthcare Trust Inc	26,405	$618K	0.4%	$42.38	—	COM	20369C106
CRMT	America's Car-Mart, Inc.	10,243	$617K	0.4%	$89.78	-32.7%	COM	03062T105
ECL	Ecolab, Inc.	2,587	$616K	0.4%	$100.00	+127.1%	COM	278865100
DAN	Dana Inc.	50,280	$609K	0.4%	$14.20	-12.7%	COM	235825205
AMAT	Applied Material, Inc.	2,450	$578K	0.4%	$115.65	+82.8%	COM	038222105
SHEL	Shell PLC ADR	7,706	$556K	0.4%	$49.38	—	ADR	780259305
FNF	Fidelity National Financial, I	10,986	$543K	0.4%	$35.32	+29.5%	COM	31620R303
FLNG	Flex LNG Ltd.	19,020	$514K	0.3%	$22.83	-5.3%	COM	G35947202
—	Keyera Corp.	17,073	$473K	0.3%	$0.02	—	COM	593271951
DDOG	Datadog, Inc.	3,501	$454K	0.3%	$123.58	-2.1%	COM	23804L103
ABNB	Airbnb Inc.	2,992	$454K	0.3%	$127.01	+20.3%	COM	009066101
UNH	United Health Group Incorporat	886	$451K	0.3%	$443.70	+6.6%	COM	91324P102
BBY	Best Buy Co. Inc.	5,344	$450K	0.3%	$63.49	+15.3%	COM	086516101
JPM	JPMorgan Chase & Co.	2,226	$450K	0.3%	$91.17	+107.5%	COM	46625H100
—	XP Power Ltd.	23,951	$448K	0.3%	$0.02	—	COM	B1RMWL909
BNEFF	Bonterra Energy Corp.	112,495	$424K	0.3%	$5.26	-21.2%	COM	098546104
GILD	Gilead Sciences Inc	6,024	$413K	0.3%	$58.94	+7.1%	COM	375558103
TCNNF	Trulieve Cannabis Corp.	43,510	$402K	0.3%	$21.82	-50.6%	COM	89788C104
—	Treatt PLC	73,543	$400K	0.3%	$0.01	—	COM	AC1086L59
LYB	LyondellBasell Industries NV	4,147	$397K	0.3%	$53.69	+61.7%	COM	N53745100
GUKYF	Gulf Keystone Petroleum LTD	211,920	$394K	0.3%	$2.20	-27.7%	COM	G4209G207
PAGS	PagSeguro Digital LTD	33,153	$388K	0.3%	$19.04	-35.4%	COM	G68707101
OKE	ONEOK Inc.	4,533	$370K	0.2%	$55.15	+34.0%	COM	682680103
LNG	Cheniere Energy, Inc.	2,050	$358K	0.2%	$159.21	0.0%	COM	16411R208
APA	APA Corp.	11,314	$333K	0.2%	$17.21	+67.5%	COM	03743Q108
CURLF	Curaleaf Holdings, Inc.	86,275	$332K	0.2%	$7.47	-34.0%	COM	23126M102
HPQ	HP Inc.	9,354	$328K	0.2%	$24.74	+20.1%	COM	40434L105
EBAY	Ebay Inc.	6,073	$326K	0.2%	$39.32	+29.0%	COM	278642103
IIPR	Innovative Industrial Properti	2,858	$312K	0.2%	$0.08	—	COM	45781V101
MGDDY	Michelin ADR	16,159	$311K	0.2%	$0.01	—	ADR	59410T106
PSA	Public Storage	1,049	$302K	0.2%	$260.43	-1.1%	COM	74460D109
GS	Goldman Sachs Group Inc.	666	$301K	0.2%	$316.06	+34.1%	COM	38141G104
BMY	Bristol Myers Squibb Co.	7,172	$298K	0.2%	$49.83	-17.7%	COM	110122108
NNN	National Retail Properties	6,788	$289K	0.2%	$46.52	—	COM	637417106
MMM	3M Co.	2,744	$280K	0.2%	$114.53	-17.7%	COM	88579Y101
AVGO	Broadcom Inc.	167	$268K	0.2%	$137.66	0.0%	COM	11135F101
OMC	Omnicom Group	2,957	$265K	0.2%	$51.39	+70.6%	COM	681919106
—	Precinct Properties New Zealan	404,909	$264K	0.2%	$0.84	—	COM	609327903
PLBC	Plumas Bancorp	7,220	$260K	0.2%	$35.27	-0.5%	COM	729273102
NHI	National Health Investors, Inc	3,475	$235K	0.2%	$1.62	—	COM	63633D104
CROX	Crocs, Inc.	1,553	$227K	0.2%	$113.94	+23.1%	COM	227046109
GLP	Global Partners LP	4,865	$222K	0.2%	$2.86	—	UNIT LTD PARTN	37946R109
VTRS	Viatris Inc.	18,120	$193K	0.1%	$9.55	+7.2%	COM	92556V106
CRLBF	Cresco Labs	97,050	$153K	0.1%	$7.81	-74.8%	COM	22587M106
PMREF	Primaris REIT	14,877	$143K	0.1%	$11.48	—	COM	74167K109
—	Hanesbrands, Inc.	21,865	$108K	0.1%	$12.08	—	COM	410345102
WBD	Warner Brothers Discovery	13,840	$103K	0.1%	$18.42	-56.5%	COM	934423104
—	Verano Holdings Corp.	11,825	$42,520	0.0%	$8.69	—	COM	92338D101
AYRWF	AYR Wellness Inc.	15,890	$32,257	0.0%	$4.36	-44.9%	COM	05475P109
—	Credito Real Sofom ENR	964,884	$18,999	0.0%	$0.79	—	COM	B8DST5905
CBSTF	Cannabist Company Holdings Inc	40,935	$7,917	0.0%	$0.50	-46.7%	COM	13765Y103
—	Indiva Limited	110,000	$1,881	0.0%	$0.20	—	COM	45580J101
ROSYY	Rostelecom Long Distance ADR	54,850	$5	0.0%	$7.57	—	ADR	778529107
—	Novolipetsk GDR	25,060	$3	0.0%	$20.36	—	ADR	B0RTNX900