Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	Alphabet Inc. Class C	23,027	$3.85M	2.5%	$108.22	+55.5%	COM	02079K107
FISV	Fiserv Inc.	19,192	$3.448M	2.2%	$62.78	+162.8%	COM	337738108
ADP	Automatic Data Processing, Inc	11,415	$3.159M	2.0%	$71.10	+256.5%	COM	053015103
ITT	ITT Corp.	20,849	$3.117M	2.0%	$39.48	+244.8%	COM	45073V108
LIN	Linde PLC	6,351	$3.029M	1.9%	$323.76	+38.4%	COM	G54950103
CMI	Cummins Inc.	9,065	$2.935M	1.9%	$143.58	+100.6%	COM	231021106
HUBB	Hubbell Inc.	6,616	$2.834M	1.8%	$84.41	+347.2%	COM	443510607
—	Schneider Electric SA	10,263	$2.699M	1.7%	$72.71	—	COM	483410007
SKT	Tanger Factory Outlet Centers,	81,092	$2.691M	1.7%	$5.00	—	COM	875465106
SNA	Snap-on Inc.	9,263	$2.684M	1.7%	$135.24	+96.5%	COM	833034101
GWW	W.W. Grainger, Inc.	2,564	$2.664M	1.7%	$194.62	+391.7%	COM	384802104
PH	Parker Hannifin Corp.	4,149	$2.621M	1.7%	$96.71	+479.4%	COM	701094104
GGG	Graco Inc.	27,802	$2.433M	1.6%	$38.01	+111.4%	COM	384109104
SHW	Sherwin-Williams Co.	6,319	$2.412M	1.5%	$158.78	+117.2%	COM	824348106
PAYX	Paychex, Inc.	17,104	$2.295M	1.5%	$35.95	+239.2%	COM	704326107
PAC	Grupo Aeroportuario Del Pacifi	12,645	$2.2M	1.4%	$75.93	—	ADR	400506101
—	Straumann Holdings AG	12,623	$2.064M	1.3%	$135.44	—	COM	715683900
META	Meta Platforms, Inc.	3,440	$1.969M	1.3%	$205.60	+149.1%	COM	30303M102
WES	Western Midstream Partners, LP	49,261	$1.885M	1.2%	$27.89	—	UNIT LTD PARTN	958669103
—	Dollarama Inc.	18,248	$1.869M	1.2%	$24.55	—	COM	25675T958
MTD	Mettler-Toledo International,	1,196	$1.794M	1.1%	$350.64	+300.3%	COM	592688105
GVDNY	Givaudan SA ADR	16,341	$1.788M	1.1%	$36.33	—	ADR	37636P108
MCD	McDonald's Corp.	5,855	$1.783M	1.1%	$84.63	+215.1%	COM	580135101
—	Gaztransport et Technigaz SAS	12,623	$1.781M	1.1%	$51.64	—	COM	ACI07W296
PBA	Pembina Pipeline Corp.	42,947	$1.771M	1.1%	$21.76	+71.1%	COM	706327103
CLMB	Climb Global Solutions Inc.	17,561	$1.748M	1.1%	$16.63	+377.1%	COM	946760105
KLAC	KLA Corp.	2,232	$1.729M	1.1%	$347.81	+122.8%	COM	482480100
NSC	Norfolk & Southern Corp.	6,835	$1.698M	1.1%	$65.36	+256.5%	COM	655844108
FAST	Fastenal Co.	23,750	$1.696M	1.1%	$18.81	+75.0%	COM	311900104
GRMN	Garmin LTD	9,551	$1.681M	1.1%	$96.97	+74.1%	COM	H2906T109
OGS	ONE Gas, Inc.	22,419	$1.668M	1.1%	$63.86	+7.7%	COM	68235P108
HON	Honeywell International Inc.	7,912	$1.636M	1.0%	$79.73	+136.2%	COM	438516106
KMI	Kinder Morgan, Inc.	73,642	$1.627M	1.0%	$13.34	+48.8%	COM	49456B101
ATR	AptarGroup, Inc.	10,117	$1.621M	1.0%	$62.25	+133.4%	COM	038336103
AVY	Avery Dennison Corp.	7,334	$1.619M	1.0%	$57.94	+262.3%	COM	053611109
AAPL	Apple Inc.	6,931	$1.615M	1.0%	$90.03	+146.5%	COM	037833100
—	SThree PLC	312,463	$1.572M	1.0%	$4.66	—	COM	BOKM9T907
NVS	Novartis AG ADR	13,477	$1.55M	1.0%	$80.93	—	ADR	66987V109
CPK	Chesapeake Utilities Corp.	12,431	$1.544M	1.0%	$49.78	+127.4%	COM	165303108
MGY	Magnolia Oil & Gas Corp.	61,086	$1.492M	1.0%	$15.09	+66.9%	COM	559663109
—	Banco del Bajio SA	629,133	$1.474M	0.9%	$1.78	—	COM	ACI0VM9Y9
LKFN	Lakeland Financial Corp.	22,461	$1.463M	0.9%	$47.77	+29.6%	COM	511656100
SWKS	Skyworks Solutions Inc.	14,566	$1.439M	0.9%	$82.67	+21.7%	COM	83088M102
ET	Energy Transfer LP	86,160	$1.383M	0.9%	$11.07	—	UNIT LTD PARTN	29273V100
PB	Prosperity Bancshares Inc.	19,186	$1.383M	0.9%	$46.04	+44.8%	COM	743606105
AHRT	Armada Hoffler Properties, Inc	126,962	$1.375M	0.9%	$7.55	—	COM	04208T108
EMR	Emerson Electric Co.	12,550	$1.373M	0.9%	$56.22	+86.9%	COM	291011104
ATO	Atmos Energy Corp.	9,788	$1.358M	0.9%	$72.29	+72.2%	COM	049560105
—	Sabre Insurance Group PLC	702,361	$1.331M	0.9%	$0.41	—	COM	BYWVDP903
TSM	Taiwan Semiconductor Manufactu	7,484	$1.3M	0.8%	$2.07	—	ADR	874039100
—	TotalEnergies SE ADR	19,880	$1.285M	0.8%	$49.07	—	ADR	89151E109
LKQ	LKQ Corp.	31,618	$1.262M	0.8%	$32.35	+21.7%	COM	501889208
AGYS	Agilysys, Inc.	11,531	$1.257M	0.8%	$19.58	+446.3%	COM	00847J105
—	Labrador Iron Ore Royalty Corp	52,475	$1.242M	0.8%	$14.71	—	COM	505440966
BRT	BRT Apartments Corp.	68,363	$1.202M	0.8%	$12.55	—	COM	055645303
LECO	Lincoln Electric Holdings, Inc	6,199	$1.19M	0.8%	$92.56	+107.3%	COM	533900106
LRCX	Lam Research Corp.	1,401	$1.143M	0.7%	$85.67	0.0%	COM	512807306
HEINY	Heineken NV ADR	25,480	$1.134M	0.7%	$37.88	—	ADR	423012301
EPD	Enterprise Products Partners L	38,886	$1.132M	0.7%	$33.27	—	UNIT LTD PARTN	293792107
NGG	National Grid PLC ADS	16,124	$1.123M	0.7%	$59.24	—	ADR	636274409
FBK	FB Financial Corp.	23,128	$1.085M	0.7%	$20.21	+117.1%	COM	30257X104
CMCSA	Comcast Corp.	25,536	$1.067M	0.7%	$27.48	+37.4%	COM	20030N101
NDSN	Nordson Corp.	4,035	$1.06M	0.7%	$106.76	+124.4%	COM	655663102
GAIN	Gladstone Investment Corp.	69,014	$997K	0.6%	$5.25	+111.4%	COM	376546107
SFL	SFL Corp. LTD	85,885	$994K	0.6%	$12.94	-7.5%	COM	G7738W106
—	Compagnie Michelin	24,287	$986K	0.6%	$0.66	—	COM	BPBPJ0907
NOW	ServiceNow, Inc.	1,101	$985K	0.6%	$146.74	+12.0%	COM	81762P102
CVS	CVS Health Corp.	15,425	$970K	0.6%	$51.49	+7.2%	COM	126650100
IEX	IDEX Corp.	4,476	$960K	0.6%	$180.10	+9.8%	COM	45167R104
GTBIF	Green Thumb Industries Inc.	90,831	$944K	0.6%	$15.49	-30.1%	COM	39342L108
TNC	Tennant Co.	9,666	$928K	0.6%	$54.85	+74.3%	COM	880345103
ENB	Enbridge Inc.	22,637	$919K	0.6%	$21.17	+67.8%	COM	29250N105
VET	Vermilion Energy Trust	93,419	$913K	0.6%	$11.88	-14.6%	COM	923725105
—	Sparebank 1 SR-Bank	68,925	$890K	0.6%	$5.75	—	COM	B40JTQ902
DMLP	Dorchester Minerals LP	29,415	$887K	0.6%	$14.46	—	UNIT LTD PARTN	25820R105
USPH	US Physical Therapy Inc.	10,457	$885K	0.6%	$62.93	+41.0%	COM	90337L108
DLHC	DLH Holdings Corp.	93,559	$876K	0.6%	$11.04	-4.6%	COM	23335Q100
CHD	Church & Dwight Company, Inc.	8,183	$857K	0.5%	$43.81	+130.3%	COM	171340102
—	Coats Group PLC	631,725	$850K	0.5%	$0.74	—	COM	B4YZN3906
ETN	Eaton Corp. PLC	2,469	$818K	0.5%	$103.87	+190.0%	COM	G29183103
—	Martinrea International Inc.	89,815	$760K	0.5%	$8.60	—	COM	573459963
T	AT&T Inc.	33,737	$742K	0.5%	$15.72	+19.5%	COM	00206R102
IRMD	IRadimed Corp.	14,659	$737K	0.5%	$45.21	0.0%	COM	46266A109
BHP	BHP LTD ADR	11,787	$732K	0.5%	$68.24	—	ADR	088606108
—	Commonwealth Bank of Australia	7,799	$730K	0.5%	$61.22	—	COM	621503002
VZ	Verizon Communications Inc.	15,994	$718K	0.5%	$33.18	+15.7%	COM	92343V104
CMWAY	Commonwealth Bank of Australia	7,519	$703K	0.5%	$74.02	—	COM	202712600
TXRH	Texas Roadhouse, Inc.	3,903	$689K	0.4%	$133.50	+23.7%	COM	882681109
FNF	Fidelity National Financial, I	10,986	$682K	0.4%	$35.32	+45.8%	COM	31620R303
BAC	Bank of America Corp.	17,030	$676K	0.4%	$23.23	+66.9%	COM	060505104
ECL	Ecolab, Inc.	2,588	$661K	0.4%	$100.00	+141.1%	COM	278865100
—	Keyera Corp.	18,566	$579K	0.4%	$2.53	—	COM	593271951
BBY	Best Buy Co. Inc.	5,193	$536K	0.3%	$63.49	+32.2%	COM	086516101
DAN	Dana Inc.	50,373	$532K	0.3%	$14.20	-25.4%	COM	235825205
TCNNF	Trulieve Cannabis Corp.	43,510	$531K	0.3%	$21.82	-53.5%	COM	89788C104
BIOX	Bioceres Crop Solutions Corp.	66,604	$524K	0.3%	$10.31	-2.2%	COM	G1117K114
UNH	United Health Group Incorporat	891	$521K	0.3%	$443.70	+23.6%	COM	91324P102
SHEL	Shell PLC ADR	7,741	$511K	0.3%	$49.38	—	ADR	780259305
GILD	Gilead Sciences Inc	5,894	$494K	0.3%	$58.94	+24.0%	COM	375558103
AMAT	Applied Material, Inc.	2,436	$492K	0.3%	$115.65	+75.0%	COM	038222105
CHCT	Community Healthcare Trust Inc	26,785	$486K	0.3%	$42.04	—	COM	20369C106
JPM	JPMorgan Chase & Co.	2,062	$435K	0.3%	$91.17	+124.8%	COM	46625H100
CRMT	America's Car-Mart, Inc.	10,282	$431K	0.3%	$89.78	-35.4%	COM	03062T105
—	Treatt PLC	72,733	$428K	0.3%	$0.01	—	COM	AC1086L59
CHRD	Chord Energy Corporation	3,244	$422K	0.3%	$162.01	-12.1%	COM	674215207
—	XP Power Ltd.	23,860	$421K	0.3%	$0.02	—	COM	B1RMWL909
OKE	ONEOK Inc.	4,525	$412K	0.3%	$55.15	+47.8%	COM	682680103
DDOG	Datadog, Inc.	3,501	$403K	0.3%	$123.58	-5.5%	COM	23804L103
EBAY	Ebay Inc.	6,128	$399K	0.3%	$39.32	+43.2%	COM	278642103
LYB	LyondellBasell Industries NV	4,056	$389K	0.2%	$53.69	+58.6%	COM	N53745100
ABNB	Airbnb Inc.	3,051	$387K	0.2%	$127.06	+2.1%	COM	009066101
IIPR	Innovative Industrial Properti	2,858	$385K	0.2%	$0.08	—	COM	45781V101
PSA	Public Storage	1,050	$382K	0.2%	$260.43	+17.7%	COM	74460D109
MMM	3M Co.	2,744	$375K	0.2%	$114.53	+4.0%	COM	88579Y101
BMY	Bristol Myers Squibb Co.	7,172	$371K	0.2%	$49.83	-12.4%	COM	110122108
LNG	Cheniere Energy, Inc.	1,973	$355K	0.2%	$159.21	+13.0%	COM	16411R208
HPQ	HP Inc.	9,324	$334K	0.2%	$24.74	+34.4%	COM	40434L105
GS	Goldman Sachs Group Inc.	673	$333K	0.2%	$317.71	+49.5%	COM	38141G104
NNN	National Retail Properties	6,788	$329K	0.2%	$46.52	—	COM	637417106
MGDDY	Michelin ADR	16,210	$329K	0.2%	$0.01	—	ADR	59410T106
GUKYF	Gulf Keystone Petroleum LTD	211,920	$326K	0.2%	$2.20	-24.3%	COM	G4209G207
—	Precinct Properties New Zealan	404,909	$324K	0.2%	$0.84	—	COM	609327903
BNEFF	Bonterra Energy Corp.	112,495	$306K	0.2%	$5.26	-38.1%	COM	098546104
AVGO	Broadcom Inc.	1,746	$301K	0.2%	$156.06	+1.2%	COM	11135F101
NHI	National Health Investors, Inc	3,541	$298K	0.2%	$3.16	—	COM	63633D104
OMC	Omnicom Group	2,857	$295K	0.2%	$51.39	+77.8%	COM	681919106
PLBC	Plumas Bancorp	7,193	$293K	0.2%	$35.27	+12.1%	COM	729273102
PAGS	PagSeguro Digital LTD	33,153	$285K	0.2%	$19.04	-39.3%	COM	G68707101
APA	APA Corp.	11,327	$277K	0.2%	$17.21	+53.1%	COM	03743Q108
CURLF	Curaleaf Holdings, Inc.	85,425	$261K	0.2%	$7.47	-54.2%	COM	23126M102
ACN	Accenture PLC	657	$232K	0.1%	$322.76	0.0%	COM	G1151C101
GLP	Global Partners LP	4,865	$227K	0.1%	$2.86	—	UNIT LTD PARTN	37946R109
CF	CF Industries Holdings, Inc.	2,574	$221K	0.1%	$74.85	0.0%	COM	125269100
DEO	Diageo PLC ADR	1,526	$214K	0.1%	$140.34	—	ADR	25243Q205
VTRS	Viatris Inc.	18,120	$210K	0.1%	$9.55	+13.2%	COM	92556V106
PMREF	Primaris REIT	14,877	$178K	0.1%	$11.48	—	COM	74167K109
CRLBF	Cresco Labs	97,050	$162K	0.1%	$7.81	-78.8%	COM	22587M106
—	Hanesbrands, Inc.	21,865	$161K	0.1%	$12.08	—	COM	410345102
WBD	Warner Brothers Discovery	13,840	$114K	0.1%	$18.42	-57.6%	COM	934423104
—	Verano Holdings Corp.	11,825	$39,377	0.0%	$8.69	—	COM	92338D101
AYRWF	AYR Wellness Inc.	15,890	$28,761	0.0%	$4.36	-56.0%	COM	05475P109
—	Credito Real Sofom ENR	964,884	$18,574	0.0%	$0.79	—	COM	B8DST5905
CBSTF	Cannabist Company Holdings Inc	40,935	$9,616	0.0%	$0.50	-54.1%	COM	13765Y103
—	Indiva Limited	110,000	$2,310	0.0%	$0.20	—	COM	45580J101
—	Novolipetsk GDR	25,060	$3	0.0%	$20.36	—	ADR	B0RTNX900
ROSYY	Rostelecom Long Distance ADR	54,850	$0	0.0%	$7.57	—	ADR	778529107