Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	Alphabet Inc. Class C	21,922	$4.175M	2.8%	$108.22	+62.3%	COM	02079K107
FISV	Fiserv Inc.	16,179	$3.323M	2.2%	$62.78	+225.2%	COM	337738108
SNA	Snap-on Inc.	9,306	$3.159M	2.1%	$135.24	+142.1%	COM	833034101
CMI	Cummins Inc.	8,516	$2.969M	2.0%	$143.58	+139.2%	COM	231021106
ADP	Automatic Data Processing, Inc	9,953	$2.913M	1.9%	$71.10	+304.9%	COM	053015103
GWW	W.W. Grainger, Inc.	2,529	$2.666M	1.8%	$194.62	+473.4%	COM	384802104
LIN	Linde PLC	6,347	$2.657M	1.8%	$323.76	+38.6%	COM	G54950103
ITT	ITT Corp.	18,365	$2.624M	1.8%	$39.48	+279.2%	COM	45073V108
—	Schneider Electric SA	10,215	$2.548M	1.7%	$72.71	—	COM	483410007
HUBB	Hubbell Inc.	5,879	$2.463M	1.6%	$84.41	+420.9%	COM	443510607
PAYX	Paychex, Inc.	17,332	$2.43M	1.6%	$37.28	+268.3%	COM	704326107
PH	Parker Hannifin Corp.	3,793	$2.413M	1.6%	$96.71	+577.4%	COM	701094104
GGG	Graco Inc.	27,923	$2.354M	1.6%	$38.01	+124.2%	COM	384109104
KLAC	KLA Corp.	3,671	$2.313M	1.5%	$473.74	+41.2%	COM	482480100
SKT	Tanger Factory Outlet Centers,	66,393	$2.266M	1.5%	$5.00	—	COM	875465106
MCD	McDonald's Corp.	7,640	$2.215M	1.5%	$132.66	+118.8%	COM	580135101
SHW	Sherwin-Williams Co.	6,363	$2.163M	1.4%	$158.78	+132.8%	COM	824348106
KMI	Kinder Morgan, Inc.	73,849	$2.023M	1.4%	$13.34	+86.4%	COM	49456B101
META	Meta Platforms, Inc.	3,428	$2.007M	1.3%	$205.60	+184.4%	COM	30303M102
PAC	Grupo Aeroportuario Del Pacifi	11,095	$1.942M	1.3%	$75.93	—	ADR	400506101
AHRT	Armada Hoffler Properties, Inc	181,974	$1.862M	1.2%	$8.36	—	COM	04208T108
—	Dollarama Inc.	18,460	$1.802M	1.2%	$25.39	—	COM	25675T958
HON	Honeywell International Inc.	7,967	$1.8M	1.2%	$79.73	+155.3%	COM	438516106
WES	Western Midstream Partners, LP	44,752	$1.72M	1.1%	$27.89	—	UNIT LTD PARTN	958669103
CLMB	Climb Global Solutions Inc.	13,370	$1.695M	1.1%	$16.63	+609.8%	COM	946760105
ET	Energy Transfer LP	86,329	$1.691M	1.1%	$11.07	—	UNIT LTD PARTN	29273V100
—	Gaztransport et Technigaz SAS	12,698	$1.691M	1.1%	$51.64	—	COM	ACI07W296
NSC	Norfolk & Southern Corp.	6,881	$1.615M	1.1%	$65.36	+280.1%	COM	655844108
ATR	AptarGroup, Inc.	10,252	$1.611M	1.1%	$63.59	+158.2%	COM	038336103
EMR	Emerson Electric Co.	12,833	$1.59M	1.1%	$57.61	+106.6%	COM	291011104
PBA	Pembina Pipeline Corp.	42,647	$1.576M	1.1%	$21.76	+80.6%	COM	706327103
OGS	ONE Gas, Inc.	22,506	$1.559M	1.0%	$63.86	+14.3%	COM	68235P108
LKFN	Lakeland Financial Corp.	22,638	$1.557M	1.0%	$47.77	+39.1%	COM	511656100
—	Straumann Holdings AG	12,688	$1.554M	1.0%	$135.44	—	COM	715683900
AGYS	Agilysys, Inc.	11,798	$1.554M	1.0%	$21.91	+458.9%	COM	00847J105
LKQ	LKQ Corp.	42,151	$1.549M	1.0%	$33.47	+10.0%	COM	501889208
CPK	Chesapeake Utilities Corp.	12,576	$1.526M	1.0%	$50.60	+138.6%	COM	165303108
TSM	Taiwan Semiconductor Manufactu	7,647	$1.51M	1.0%	$6.24	—	ADR	874039100
MTD	Mettler-Toledo International,	1,214	$1.486M	1.0%	$364.79	+257.7%	COM	592688105
LRCX	Lam Research Corp.	20,449	$1.477M	1.0%	$75.71	-1.0%	COM	512807306
PB	Prosperity Bancshares Inc.	19,407	$1.462M	1.0%	$46.36	+60.1%	COM	743606105
GVDNY	Givaudan SA ADR	16,534	$1.44M	1.0%	$36.92	—	ADR	37636P108
MGY	Magnolia Oil & Gas Corp.	61,497	$1.438M	1.0%	$15.09	+72.1%	COM	559663109
AVY	Avery Dennison Corp.	7,409	$1.386M	0.9%	$59.37	+235.5%	COM	053611109
ATO	Atmos Energy Corp.	9,865	$1.374M	0.9%	$72.29	+91.8%	COM	049560105
FAST	Fastenal Co.	18,193	$1.308M	0.9%	$18.81	+102.8%	COM	311900104
NVS	Novartis AG ADR	13,254	$1.29M	0.9%	$80.93	—	ADR	66987V109
AAPL	Apple Inc.	5,115	$1.281M	0.9%	$90.03	+160.5%	COM	037833100
GRMN	Garmin LTD	6,099	$1.258M	0.8%	$96.97	+98.5%	COM	H2906T109
BRT	BRT Apartments Corp.	69,119	$1.246M	0.8%	$12.61	—	COM	055645303
EPD	Enterprise Products Partners L	39,466	$1.238M	0.8%	$33.24	—	UNIT LTD PARTN	293792107
—	Sabre Insurance Group PLC	707,383	$1.222M	0.8%	$0.41	—	COM	BYWVDP903
FBK	FB Financial Corp.	23,474	$1.209M	0.8%	$20.66	+147.1%	COM	30257X104
LECO	Lincoln Electric Holdings, Inc	6,390	$1.198M	0.8%	$95.82	+110.3%	COM	533900106
NOW	ServiceNow, Inc.	1,117	$1.184M	0.8%	$147.54	+37.3%	COM	81762P102
—	SThree PLC	314,565	$1.165M	0.8%	$4.66	—	COM	BOKM9T907
—	TotalEnergies SE ADR	20,232	$1.103M	0.7%	$49.16	—	ADR	89151E109
—	Labrador Iron Ore Royalty Corp	53,434	$1.075M	0.7%	$14.81	—	COM	505440966
SWKS	Skyworks Solutions Inc.	12,030	$1.067M	0.7%	$82.67	+4.9%	COM	83088M102
DMLP	Dorchester Minerals LP	29,940	$998K	0.7%	$14.79	—	UNIT LTD PARTN	25820R105
—	Banco del Bajio SA	495,689	$991K	0.7%	$1.78	—	COM	ACI0VM9Y9
SFL	SFL Corp. LTD	95,389	$975K	0.7%	$12.71	-16.0%	COM	G7738W106
ENB	Enbridge Inc.	22,645	$961K	0.6%	$21.17	+85.2%	COM	29250N105
NGG	National Grid PLC ADS	16,124	$958K	0.6%	$59.24	—	ADR	636274409
CMCSA	Comcast Corp.	25,472	$956K	0.6%	$27.48	+45.5%	COM	20030N101
IEX	IDEX Corp.	4,532	$948K	0.6%	$180.54	+19.4%	COM	45167R104
USPH	US Physical Therapy Inc.	10,596	$940K	0.6%	$63.28	+40.8%	COM	90337L108
IRMD	IRadimed Corp.	16,936	$931K	0.6%	$46.08	+12.2%	COM	46266A109
—	Sparebank 1 SR-Bank	70,056	$903K	0.6%	$5.86	—	COM	B40JTQ902
HEINY	Heineken NV ADR	25,480	$901K	0.6%	$37.88	—	ADR	423012301
CHD	Church & Dwight Company, Inc.	8,369	$876K	0.6%	$45.14	+130.4%	COM	171340102
NDSN	Nordson Corp.	4,184	$875K	0.6%	$111.60	+117.4%	COM	655663102
DLHC	DLH Holdings Corp.	103,575	$832K	0.6%	$10.78	-22.4%	COM	23335Q100
ETN	Eaton Corp. PLC	2,469	$819K	0.5%	$103.87	+234.2%	COM	G29183103
—	Compagnie Michelin	24,856	$818K	0.5%	$1.40	—	COM	BPBPJ0907
T	AT&T Inc.	35,484	$808K	0.5%	$16.01	+34.4%	COM	00206R102
TNC	Tennant Co.	9,811	$800K	0.5%	$55.31	+56.4%	COM	880345103
VET	Vermilion Energy Trust	82,114	$772K	0.5%	$11.88	-18.0%	COM	923725105
—	Coats Group PLC	647,096	$765K	0.5%	$0.75	—	COM	B4YZN3906
GTBIF	Green Thumb Industries Inc.	92,153	$753K	0.5%	$15.40	-39.1%	COM	39342L108
—	Commonwealth Bank of Australia	7,868	$746K	0.5%	$61.22	—	COM	621503002
BAC	Bank of America Corp.	16,805	$739K	0.5%	$23.23	+84.4%	COM	060505104
TXRH	Texas Roadhouse, Inc.	3,898	$703K	0.5%	$133.50	+38.5%	COM	882681109
CMWAY	Commonwealth Bank of Australia	7,097	$679K	0.5%	$74.02	—	COM	202712600
GAIN	Gladstone Investment Corp.	49,909	$661K	0.4%	$5.25	+128.4%	COM	376546107
CHRD	Chord Energy Corporation	5,543	$648K	0.4%	$143.87	-17.8%	COM	674215207
FNF	Fidelity National Financial, I	10,982	$617K	0.4%	$35.32	+57.7%	COM	31620R303
ECL	Ecolab, Inc.	2,590	$607K	0.4%	$100.00	+145.5%	COM	278865100
—	Keyera Corp.	18,815	$575K	0.4%	$2.90	—	COM	593271951
BHP	BHP LTD ADR	11,751	$574K	0.4%	$68.24	—	ADR	088606108
—	Martinrea International Inc.	90,433	$567K	0.4%	$8.60	—	COM	573459963
VZ	Verizon Communications Inc.	14,187	$567K	0.4%	$33.18	+18.7%	COM	92343V104
GILD	Gilead Sciences Inc	5,874	$543K	0.4%	$58.94	+47.6%	COM	375558103
DDOG	Datadog, Inc.	3,509	$501K	0.3%	$123.58	+11.1%	COM	23804L103
SHEL	Shell PLC ADR	7,741	$485K	0.3%	$49.38	—	ADR	780259305
CHCT	Community Healthcare Trust Inc	24,440	$469K	0.3%	$42.04	—	COM	20369C106
—	Treatt PLC	74,538	$454K	0.3%	$0.15	—	COM	AC1086L59
UNH	United Health Group Incorporat	894	$452K	0.3%	$443.70	+24.6%	COM	91324P102
LNG	Cheniere Energy, Inc.	2,084	$448K	0.3%	$161.54	+25.7%	COM	16411R208
OKE	ONEOK Inc.	4,448	$447K	0.3%	$55.15	+75.6%	COM	682680103
BBY	Best Buy Co. Inc.	5,193	$446K	0.3%	$63.49	+35.2%	COM	086516101
CRMT	America's Car-Mart, Inc.	8,539	$438K	0.3%	$89.78	-49.3%	COM	03062T105
AVGO	Broadcom Inc.	1,839	$426K	0.3%	$157.42	+16.2%	COM	11135F101
CVS	CVS Health Corp.	9,435	$424K	0.3%	$51.49	+4.2%	COM	126650100
AMAT	Applied Material, Inc.	2,572	$418K	0.3%	$119.01	+50.6%	COM	038222105
GS	Goldman Sachs Group Inc.	728	$417K	0.3%	$334.87	+62.7%	COM	38141G104
ABNB	Airbnb Inc.	3,157	$415K	0.3%	$127.32	+5.8%	COM	009066101
BMY	Bristol Myers Squibb Co.	7,213	$408K	0.3%	$49.83	+5.5%	COM	110122108
DAN	Dana Inc.	34,547	$399K	0.3%	$14.20	-28.9%	COM	235825205
GUKYF	Gulf Keystone Petroleum LTD	217,053	$396K	0.3%	$2.19	-20.0%	COM	G4209G207
—	XP Power Ltd.	23,829	$390K	0.3%	$0.02	—	COM	B1RMWL909
EBAY	Ebay Inc.	6,174	$382K	0.3%	$39.32	+58.7%	COM	278642103
MMM	3M Co.	2,744	$354K	0.2%	$114.53	+12.1%	COM	88579Y101
PLBC	Plumas Bancorp	7,479	$353K	0.2%	$35.64	+26.0%	COM	729273102
NBIS	Nebius Group NV	11,815	$327K	0.2%	$24.38	0.0%	COM	N97284108
PSA	Public Storage	1,050	$314K	0.2%	$260.43	+21.3%	COM	74460D109
HPQ	HP Inc.	9,324	$304K	0.2%	$24.74	+38.3%	COM	40434L105
LYB	LyondellBasell Industries NV	4,082	$303K	0.2%	$53.69	+40.9%	COM	N53745100
BNEFF	Bonterra Energy Corp.	112,254	$294K	0.2%	$5.26	-52.2%	COM	098546104
NNN	National Retail Properties	6,903	$282K	0.2%	$46.43	—	COM	637417106
—	Precinct Properties New Zealan	413,441	$273K	0.2%	$0.84	—	COM	609327903
PYPL	PayPal Holdings, Inc.	3,161	$270K	0.2%	$83.88	0.0%	COM	70450Y103
APA	APA Corp.	11,604	$268K	0.2%	$17.33	+27.8%	COM	03743Q108
MGDDY	Michelin ADR	15,761	$258K	0.2%	$0.01	—	ADR	59410T106
GLP	Global Partners LP	5,440	$253K	0.2%	$7.47	—	UNIT LTD PARTN	37946R109
OMC	Omnicom Group	2,942	$253K	0.2%	$52.64	+80.2%	COM	681919106
NHI	National Health Investors, Inc	3,558	$247K	0.2%	$3.16	—	COM	63633D104
ACN	Accenture PLC	657	$231K	0.2%	$322.76	+9.9%	COM	G1151C101
MSFT	Microsoft Corp.	545	$230K	0.2%	$422.35	0.0%	COM	594918104
V	Visa Inc.	721	$228K	0.2%	$298.33	0.0%	COM	92826C839
VTRS	Viatris Inc.	18,216	$227K	0.2%	$9.55	+21.8%	COM	92556V106
CF	CF Industries Holdings, Inc.	2,588	$221K	0.1%	$74.85	+12.5%	COM	125269100
C	Citigroup Inc.	2,960	$208K	0.1%	$65.38	0.0%	COM	172967424
TCNNF	Trulieve Cannabis Corp.	40,093	$208K	0.1%	$21.82	-61.8%	COM	89788C104
—	Hanesbrands, Inc.	21,455	$175K	0.1%	$12.08	—	COM	410345102
PMREF	Primaris REIT	16,121	$173K	0.1%	$11.42	—	COM	74167K109
WBD	Warner Brothers Discovery	13,291	$140K	0.1%	$18.42	-49.6%	COM	934423104
CURLF	Curaleaf Holdings, Inc.	80,002	$125K	0.1%	$7.47	-68.8%	COM	23126M102
CRLBF	Cresco Labs	92,530	$84,547	0.1%	$7.81	-83.4%	COM	22587M106
—	Credito Real Sofom ENR	933,894	$17,977	0.0%	$0.79	—	COM	B8DST5905
AYRWF	AYR Wellness Inc.	13,670	$6,425	0.0%	$4.36	-72.7%	COM	05475P109
CBSTF	Cannabist Company Holdings Inc	36,050	$2,379	0.0%	$0.50	-71.3%	COM	13765Y103
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
—	Indiva Limited	110,000	$0	0.0%	$0.20	—	COM	45580J101