Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOG	Alphabet Inc. Class C	21,074	$3.738M	2.7%	$177.39 *	$109.28	+50.9%	COM	02079K107
META	Meta Platforms, Inc.	4,357	$3.216M	2.3%	$738.11 *	$312.72	+97.2%	COM	30303M102
KLAC	KLA Corp.	3,311	$2.966M	2.1%	$895.69 *	$477.55	+56.7%	COM	482480100
NVS	Novartis AG ADR	24,364	$2.948M	2.1%	$121.01	$95.92	—	ADR	66987V109
SNA	Snap-on Inc.	8,482	$2.639M	1.9%	$311.16	$135.24	+131.1%	COM	833034101
CMI	Cummins Inc.	7,691	$2.519M	1.8%	$327.50 *	$143.58	+112.9%	COM	231021106
FISV	Fiserv Inc.	14,509	$2.501M	1.8%	$172.41 *	$62.78	+188.9%	COM	337738108
PAC	Grupo Aeroportuario Del Pacifi	10,834	$2.488M	1.8%	$229.62	$96.76	—	ADR	400506101
ADP	Automatic Data Processing, Inc	7,664	$2.364M	1.7%	$308.42	$71.10	+325.3%	COM	053015103
LIN	Linde PLC	4,883	$2.291M	1.7%	$469.16 *	$323.76	+39.7%	COM	G54950103
ITT	ITT Corp.	14,416	$2.261M	1.6%	$156.83 *	$39.48	+260.7%	COM	45073V108
PH	Parker Hannifin Corp.	3,229	$2.256M	1.6%	$698.56 *	$96.71	+549.6%	COM	701094104
—	Schneider Electric SA	8,432	$2.245M	1.6%	$266.21	$72.71	—	COM	483410007
MCD	McDonald's Corp.	7,254	$2.119M	1.5%	$292.18 *	$136.01	+123.2%	COM	580135101
SHW	Sherwin-Williams Co.	6,085	$2.089M	1.5%	$343.35	$162.74	+111.7%	COM	824348106
GWW	W.W. Grainger, Inc.	1,992	$2.072M	1.5%	$1040.37	$194.62	+430.9%	COM	384802104
—	Dollarama Inc.	14,633	$2.064M	1.5%	$141.03	$27.75	—	COM	25675T958
HUBB	Hubbell Inc.	5,044	$2.06M	1.5%	$408.41 *	$84.41	+335.5%	COM	443510607
GGG	Graco Inc.	23,670	$2.035M	1.5%	$85.97 *	$38.01	+115.8%	COM	384109104
LRCX	Lam Research Corp.	19,256	$1.874M	1.4%	$97.34 *	$75.76	+4.1%	COM	512807306
SKT	Tanger Factory Outlet Centers,	59,370	$1.816M	1.3%	$30.58	$5.00	—	COM	875465106
ETN	Eaton Corp. PLC	4,799	$1.713M	1.2%	$357.00 *	$211.97	+44.7%	COM	G29183103
TSM	Taiwan Semiconductor Manufactu	7,345	$1.664M	1.2%	$226.49	$98.85	—	ADR	874039100
EMR	Emerson Electric Co.	12,333	$1.644M	1.2%	$133.33 *	$60.79	+86.8%	COM	291011104
LKQ	LKQ Corp.	43,100	$1.595M	1.2%	$37.01 *	$33.79	+15.3%	COM	501889208
KMI	Kinder Morgan, Inc.	53,494	$1.573M	1.1%	$29.40 *	$13.34	+100.6%	COM	49456B101
ATR	AptarGroup, Inc.	9,872	$1.544M	1.1%	$156.42 *	$65.20	+129.0%	COM	038336103
CME	CME Group Inc.	5,540	$1.527M	1.1%	$275.62 *	$242.42	+10.7%	COM	12572Q105
HON	Honeywell International Inc.	6,539	$1.523M	1.1%	$232.88 *	$81.84	+144.0%	COM	438516106
TMTNF	Toromont Industries Ltd.	16,637	$1.497M	1.1%	$89.96 *	$81.61	+2.5%	COM	891102105
GVDNY	Givaudan SA ADR	15,303	$1.482M	1.1%	$96.84	$39.23	—	ADR	37636P108
FAST	Fastenal Co.	35,083	$1.473M	1.1%	$42.00 *	$29.02	+38.2%	COM	311900104
ET	Energy Transfer LP	79,438	$1.44M	1.0%	$18.13	$11.69	—	UNIT LTD PARTN	29273V100
NSC	Norfolk & Southern Corp.	5,530	$1.416M	1.0%	$255.99 *	$67.21	+246.8%	COM	655844108
—	Straumann Holdings AG	10,761	$1.405M	1.0%	$130.58	$135.44	—	COM	715683900
PLBC	Plumas Bancorp	31,593	$1.405M	1.0%	$44.46 *	$42.81	+0.5%	COM	729273102
MTD	Mettler-Toledo International,	1,189	$1.397M	1.0%	$1174.72 *	$394.59	+183.2%	COM	592688105
PBA	Pembina Pipeline Corp.	36,879	$1.383M	1.0%	$37.51	$21.76	+71.5%	COM	706327103
CPK	Chesapeake Utilities Corp.	11,488	$1.381M	1.0%	$120.22 *	$51.86	+138.8%	COM	165303108
LECO	Lincoln Electric Holdings, Inc	6,463	$1.34M	1.0%	$207.31 *	$101.68	+88.1%	COM	533900106
PB	Prosperity Bancshares Inc.	18,864	$1.325M	1.0%	$70.24 *	$46.96	+43.2%	COM	743606105
ATO	Atmos Energy Corp.	8,485	$1.308M	0.9%	$154.10	$73.61	+108.0%	COM	049560105
WES	Western Midstream Partners, LP	33,674	$1.303M	0.9%	$38.70	$28.25	—	UNIT LTD PARTN	958669103
MGY	Magnolia Oil & Gas Corp.	57,739	$1.298M	0.9%	$22.48	$15.25	+45.2%	COM	559663109
CLMB	Climb Global Solutions Inc.	12,072	$1.291M	0.9%	$106.91	$16.63	+532.2%	COM	946760105
AGYS	Agilysys, Inc.	11,190	$1.283M	0.9%	$114.64 *	$21.91	+311.9%	COM	00847J105
AVY	Avery Dennison Corp.	7,205	$1.264M	0.9%	$175.47	$61.60	+180.4%	COM	053611109
GRMN	Garmin LTD	5,818	$1.214M	0.9%	$208.71 *	$99.34	+97.4%	COM	H2906T109
—	Gaztransport et Technigaz SAS	6,098	$1.209M	0.9%	$198.30	$54.47	—	COM	ACI07W296
EPD	Enterprise Products Partners L	38,954	$1.208M	0.9%	$31.01	$34.20	—	UNIT LTD PARTN	293792107
—	Banco del Bajio SA	493,257	$1.192M	0.9%	$2.42	$1.78	—	COM	ACI0VM9Y9
—	TotalEnergies SE ADR	19,225	$1.18M	0.9%	$61.39	$50.57	—	ADR	89151E109
—	Sabre Insurance Group PLC	543,322	$1.103M	0.8%	$2.03	$1.61	—	COM	BYWVDP903
NOW	ServiceNow, Inc.	1,061	$1.091M	0.8%	$1028.08 *	$148.33	+27.2%	COM	81762P102
NGG	National Grid PLC ADS	14,298	$1.064M	0.8%	$74.41	$59.24	—	ADR	636274409
T	AT&T Inc.	36,348	$1.052M	0.8%	$28.94 *	$16.29	+65.6%	COM	00206R102
PAYX	Paychex, Inc.	7,199	$1.047M	0.8%	$145.46	$37.28	+295.7%	COM	704326107
—	Sparebank 1 SR-Bank	54,739	$1.009M	0.7%	$18.43	$5.86	—	COM	B40JTQ902
FBK	FB Financial Corp.	21,845	$990K	0.7%	$45.30 *	$21.14	+103.0%	COM	30257X104
IRMD	IRadimed Corp.	16,123	$964K	0.7%	$59.79 *	$46.26	+17.1%	COM	46266A109
—	Labrador Iron Ore Royalty Corp	46,240	$961K	0.7%	$20.78	$15.10	—	COM	505440966
ENB	Enbridge Inc.	21,152	$959K	0.7%	$45.32 *	$21.66	+102.1%	COM	29250N105
AAPL	Apple Inc.	4,670	$958K	0.7%	$205.17	$90.03	+123.7%	COM	037833100
—	SThree PLC	269,220	$904K	0.7%	$3.36	$4.66	—	COM	BOKM9T907
NDSN	Nordson Corp.	4,045	$867K	0.6%	$214.37 *	$114.13	+72.6%	COM	655663102
SWKS	Skyworks Solutions Inc.	10,981	$818K	0.6%	$74.52 *	$82.50	-21.2%	COM	83088M102
CHD	Church & Dwight Company, Inc.	8,251	$793K	0.6%	$96.11	$47.14	+107.5%	COM	171340102
SFL	SFL Corp. LTD	92,129	$767K	0.6%	$8.33	$12.60	-34.2%	COM	G7738W106
IEX	IDEX Corp.	4,338	$762K	0.6%	$175.57	$180.87	-3.0%	COM	45167R104
BAC	Bank of America Corp.	15,417	$730K	0.5%	$47.32 *	$23.23	+78.4%	COM	060505104
—	Compagnie Michelin	19,443	$723K	0.5%	$37.18	$28.26	—	COM	BPBPJ0907
TXRH	Texas Roadhouse, Inc.	3,810	$714K	0.5%	$187.39 *	$135.13	+31.4%	COM	882681109
CHRD	Chord Energy Corporation	7,347	$712K	0.5%	$96.85 *	$133.20	-31.0%	COM	674215207
CMWAY	Commonwealth Bank of Australia	5,807	$709K	0.5%	$122.10	$74.02	—	COM	202712600
CVS	CVS Health Corp.	10,239	$706K	0.5%	$68.98 *	$51.96	+23.5%	COM	126650100
—	Commonwealth Bank of Australia	5,803	$706K	0.5%	$121.59	$62.07	—	COM	621503002
TNC	Tennant Co.	9,027	$699K	0.5%	$77.48 *	$55.87	+30.9%	COM	880345103
GAIN	Gladstone Investment Corp.	48,056	$686K	0.5%	$14.27 *	$5.43	+137.2%	COM	376546107
VZ	Verizon Communications Inc.	15,574	$674K	0.5%	$43.27 *	$33.98	+23.1%	COM	92343V104
ECL	Ecolab, Inc.	2,493	$672K	0.5%	$269.45 *	$108.25	+133.1%	COM	278865100
AVGO	Broadcom Inc.	2,253	$621K	0.4%	$275.65 *	$167.27	+29.1%	COM	11135F101
LNG	Cheniere Energy, Inc.	2,460	$599K	0.4%	$243.52 *	$171.26	+35.2%	COM	16411R208
DMLP	Dorchester Minerals LP	21,441	$597K	0.4%	$27.86	$15.57	—	UNIT LTD PARTN	25820R105
GILD	Gilead Sciences Inc	5,261	$583K	0.4%	$110.87 *	$58.94	+77.1%	COM	375558103
BHP	BHP LTD ADR	12,105	$582K	0.4%	$48.09	$74.15	—	ADR	088606108
FNF	Fidelity National Financial, I	10,077	$565K	0.4%	$56.06	$35.32	+55.6%	COM	31620R303
—	Coats Group PLC	505,728	$559K	0.4%	$1.11	$0.80	—	COM	B4YZN3906
AMAT	Applied Material, Inc.	3,026	$554K	0.4%	$183.07 *	$125.86	+25.1%	COM	038222105
CMCSA	Comcast Corp.	15,337	$547K	0.4%	$35.69 *	$27.48	+23.4%	COM	20030N101
—	Keyera Corp.	16,420	$538K	0.4%	$32.74	$24.04	—	COM	593271951
SHEL	Shell PLC ADR	7,550	$532K	0.4%	$70.41	$55.39	—	ADR	780259305
GS	Goldman Sachs Group Inc.	751	$532K	0.4%	$707.75 *	$342.13	+67.1%	COM	38141G104
WTFC	Wintrust Financial Corp.	4,276	$530K	0.4%	$123.98 *	$114.70	0.0%	COM	97650W108
GTBIF	Green Thumb Industries Inc.	94,542	$521K	0.4%	$5.51	$15.24	-64.5%	COM	39342L108
NVDA	NVIDIA Corp.	3,213	$508K	0.4%	$157.99 *	$125.82	0.0%	COM	67066G104
VET	Vermilion Energy Trust	68,825	$501K	0.4%	$7.28 *	$11.84	-42.4%	COM	923725105
—	Martinrea International Inc.	78,783	$491K	0.4%	$6.23	$8.51	—	COM	573459963
DDOG	Datadog, Inc.	3,645	$490K	0.4%	$134.33 *	$123.10	-10.1%	COM	23804L103
APA	APA Corp.	26,132	$478K	0.3%	$18.29 *	$17.18	-1.8%	COM	03743Q108
ABNB	Airbnb Inc.	3,595	$476K	0.3%	$132.34 *	$127.41	-0.6%	COM	009066101
NBIS	Nebius Group NV	8,495	$470K	0.3%	$55.33 *	$34.43	0.0%	COM	N97284108
CRMT	America's Car-Mart, Inc.	8,189	$459K	0.3%	$56.04 *	$87.74	-43.5%	COM	03062T105
MMM	3M Co.	2,667	$406K	0.3%	$152.24 *	$114.53	+23.3%	COM	88579Y101
CHCT	Community Healthcare Trust Inc	23,528	$391K	0.3%	$16.63	$42.60	—	COM	20369C106
GUKYF	Gulf Keystone Petroleum LTD	161,033	$374K	0.3%	$2.32 *	$2.19	-1.5%	COM	G4209G207
VRSN	VeriSign, Inc.	1,233	$356K	0.3%	$288.80 *	$225.24	+19.4%	COM	92343E102
OKE	ONEOK Inc.	4,183	$341K	0.2%	$81.63	$55.66	+44.9%	COM	682680103
C	Citigroup Inc.	3,889	$331K	0.2%	$85.12 *	$67.37	+5.7%	COM	172967424
BMY	Bristol Myers Squibb Co.	7,023	$325K	0.2%	$46.29	$49.83	-5.3%	COM	110122108
NHI	National Health Investors, Inc	4,511	$316K	0.2%	$70.12	$65.45	—	COM	63633D104
PSA	Public Storage	1,066	$313K	0.2%	$293.42 *	$260.76	+10.2%	COM	74460D109
MGDDY	Michelin ADR	16,427	$305K	0.2%	$18.58	$14.63	—	ADR	59410T106
NNN	National Retail Properties	6,835	$295K	0.2%	$43.18	$46.91	—	COM	637417106
ADM	Archer Daniels Midland	5,317	$281K	0.2%	$52.78 *	$46.80	+1.6%	COM	039483102
SIEGY	Siemens Aktiengesellschaft	2,117	$273K	0.2%	$128.87	$115.38	—	COM	826197501
UNH	United Health Group Incorporat	873	$272K	0.2%	$311.97 *	$443.70	-15.5%	COM	91324P102
OMC	Omnicom Group	3,653	$263K	0.2%	$71.94	$56.40	+27.6%	COM	681919106
MSFT	Microsoft Corp.	527	$262K	0.2%	$497.41 *	$432.38	0.0%	COM	594918104
NXPI	NXP Semiconductors N.V.	1,159	$253K	0.2%	$218.49 *	$209.53	-8.0%	COM	N6596X109
V	Visa Inc.	707	$251K	0.2%	$355.05 *	$298.33	+16.3%	COM	92826C839
CF	CF Industries Holdings, Inc.	2,638	$243K	0.2%	$92.00 *	$75.02	+11.9%	COM	125269100
PYPL	PayPal Holdings, Inc.	3,209	$238K	0.2%	$74.32 *	$83.73	-18.4%	COM	70450Y103
ADBE	Adobe Inc.	616	$238K	0.2%	$386.88	$385.32	0.0%	COM	00724F101
—	Treatt PLC	66,138	$236K	0.2%	$3.57	$7.48	—	COM	AC1086L59
BNEFF	Bonterra Energy Corp.	91,001	$235K	0.2%	$2.58 *	$5.08	-52.0%	COM	098546104
HII	Huntington Ingalls Industries,	891	$215K	0.2%	$241.46 *	$220.44	0.0%	COM	446413106
—	Precinct Properties New Zealan	292,636	$214K	0.2%	$0.73	$0.85	—	COM	609327903
GLP	Global Partners LP	3,968	$209K	0.2%	$52.73	$44.75	—	UNIT LTD PARTN	37946R109
AME	Ametek, Inc.	1,106	$200K	0.1%	$180.96 *	$171.25	0.0%	COM	031100100
LUNMF	Lundin Mining Corporation	16,562	$174K	0.1%	$10.53 *	$8.52	+5.2%	COM	550372106
VTRS	Viatris Inc.	17,408	$155K	0.1%	$8.93 *	$9.55	-14.2%	COM	92556V106
TCNNF	Trulieve Cannabis Corp.	40,093	$152K	0.1%	$3.80 *	$21.82	-81.8%	COM	89788C104
WBD	Warner Brothers Discovery	13,291	$152K	0.1%	$11.46 *	$18.42	-49.4%	COM	934423104
—	Hanesbrands, Inc.	20,455	$93,684	0.1%	$4.58	$12.64	—	COM	410345102
PMREF	Primaris REIT	14,448	$83,509	0.1%	$5.78	$11.82	—	COM	74167K109
CURLF	Curaleaf Holdings, Inc.	80,002	$67,458	0.0%	$0.84	$7.47	-88.6%	COM	23126M102
CRLBF	Cresco Labs	92,530	$47,533	0.0%	$0.51 *	$7.81	-91.8%	COM	22587M106
AYRWF	AYR Wellness Inc.	13,670	$2,734	0.0%	$0.20	$4.36	-95.6%	COM	05475P109
—	Credito Real Sofom ENR	933,894	$2,335	0.0%	$0.00	$0.79	—	COM	B8DST5905
CBSTF	Cannabist Company Holdings Inc	36,050	$1,961	0.0%	$0.05	$0.50	-89.3%	COM	13765Y103
ROSYY	Rostelecom Long Distance ADR	54,030	$5	0.0%	$0.00	$7.57	—	ADR	778529107
—	Novolipetsk GDR	15,510	$2	0.0%	$0.00	$20.36	—	ADR	B0RTNX900
—	Indiva Limited	110,000	$0	0.0%	$0.00	$0.20	—	COM	45580J101