Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AZO	AUTOZONE INC	273	$771K	0.4%	$2825.01	$2987.94	-5.3%	COM	053332102
UBER	UBER TECHNOLOGIES INC	10,575	$724K	0.4%	$68.51	$73.13	-6.3%	COM	90353T100
HONA	HONEYWELL AEROSPACE INC	3,139	$487K	0.2%	$154.99	$181.88	-14.8%	COM	43849R105
ISRG	INTUITIVE SURGICAL INC	718	$292K	0.1%	$406.49	$381.72	+6.5%	COM NEW	46120E602
XOM	EXXONMOBIL HOLDINGS CORP	1,597	$260K	0.1%	$162.75	$162.75	—	COM SHS	30233Q108

Increased Positions (14)

MNST MONSTER BEVERAGE CORP NEW 1.5%

Value $2.989M (-13.5%) Shares 71,822 (+99.8%) Share Price $41.62 Est. Cost/Share $59.48 Unrealized @ Report Date -30.0%

WMT WALMART INC 3.6%

Value $7.13M (-6.1%) Shares 68,606 (+2.3%) Share Price $103.92 Est. Cost/Share $53.64 Unrealized @ Report Date +93.8%

SYK STRYKER CORPORATION 1.1%

Value $2.172M (+17.9%) Shares 7,887 (+34.8%) Share Price $275.39 Est. Cost/Share $306.06 Unrealized @ Report Date -10.0%

LOW LOWES COS INC 0.8%

Value $1.58M (+23.9%) Shares 8,576 (+48.3%) Share Price $184.28 Est. Cost/Share $220.75 Unrealized @ Report Date -16.5%

HSY HERSHEY CO 1.6%

Value $3.123M (-6.7%) Shares 19,813 (+3.9%) Share Price $157.61 Est. Cost/Share $169.14 Unrealized @ Report Date -6.8%

CPRT COPART INC 0.5%

Value $1.022M (+22.3%) Shares 37,460 (+26.4%) Share Price $27.28 Est. Cost/Share $43.17 Unrealized @ Report Date -36.8%

INTU INTUIT 0.6%

Value $1.236M (+14.6%) Shares 4,484 (+8.5%) Share Price $275.68 Est. Cost/Share $459.27 Unrealized @ Report Date -40.0%

PEP PEPSICO INC 1.8%

Value $3.581M (-3.7%) Shares 28,259 (+2.9%) Share Price $126.72 Est. Cost/Share $145.47 Unrealized @ Report Date -12.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.5%

Value $1.056M (+6.9%) Shares 2,121 (+7.4%) Share Price $498.06 Est. Cost/Share $359.84 Unrealized @ Report Date +38.4%

MCD MCDONALDS CORP 1.0%

Value $1.938M (+3.0%) Shares 8,391 (+20.6%) Share Price $230.94 Est. Cost/Share $282.73 Unrealized @ Report Date -18.3%

MCO MOODYS CORP 0.8%

Value $1.598M (+3.4%) Shares 3,518 (+3.1%) Share Price $454.15 Est. Cost/Share $470.78 Unrealized @ Report Date -3.5%

PRU PRUDENTIAL FINL INC 0.1%

Value $294K (+8.4%) Shares 2,587 (+3.0%) Share Price $113.58 Est. Cost/Share $106.77 Unrealized @ Report Date +6.4%

AMT AMERICAN TOWER CORP 0.1%

Value $228K (+4.7%) Shares 1,391 (+4.7%) Share Price $163.69 Est. Cost/Share $178.35 Unrealized @ Report Date —

PLD PROLOGIS INC. 0.1%

Value $211K (+0.0%) Shares 1,628 (+4.4%) Share Price $129.84 Est. Cost/Share $129.25 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MNST	MONSTER BEVERAGE CORP NEW	71,822 (+99.8%)	$2.989M (-13.5%)	1.5%	$41.62	$59.48	-30.0%	COM	61174X109
WMT	WALMART INC	68,606 (+2.3%)	$7.13M (-6.1%)	3.6%	$103.92	$53.64	+93.8%	COM	931142103
SYK	STRYKER CORPORATION	7,887 (+34.8%)	$2.172M (+17.9%)	1.1%	$275.39	$306.06	-10.0%	COM	863667101
LOW	LOWES COS INC	8,576 (+48.3%)	$1.58M (+23.9%)	0.8%	$184.28	$220.75	-16.5%	COM	548661107
HSY	HERSHEY CO	19,813 (+3.9%)	$3.123M (-6.7%)	1.6%	$157.61	$169.14	-6.8%	COM	427866108
CPRT	COPART INC	37,460 (+26.4%)	$1.022M (+22.3%)	0.5%	$27.28	$43.17	-36.8%	COM	217204106
INTU	INTUIT	4,484 (+8.5%)	$1.236M (+14.6%)	0.6%	$275.68	$459.27	-40.0%	COM	461202103
PEP	PEPSICO INC	28,259 (+2.9%)	$3.581M (-3.7%)	1.8%	$126.72	$145.47	-12.9%	COM	713448108
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,121 (+7.4%)	$1.056M (+6.9%)	0.5%	$498.06	$359.84	+38.4%	CL B NEW	084670702
MCD	MCDONALDS CORP	8,391 (+20.6%)	$1.938M (+3.0%)	1.0%	$230.94	$282.73	-18.3%	COM	580135101
MCO	MOODYS CORP	3,518 (+3.1%)	$1.598M (+3.4%)	0.8%	$454.15	$470.78	-3.5%	COM	615369105
PRU	PRUDENTIAL FINL INC	2,587 (+3.0%)	$294K (+8.4%)	0.1%	$113.58	$106.77	+6.4%	COM	744320102
AMT	AMERICAN TOWER CORP	1,391 (+4.7%)	$228K (+4.7%)	0.1%	$163.69	$178.35	—	COM	03027X100
PLD	PROLOGIS INC.	1,628 (+4.4%)	$211K (+0.0%)	0.1%	$129.84	$129.25	—	COM	74340W103

Exited Positions (2)

NKE NIKE INC 1.4%

Value $2.819M Shares 68,678 Share Price $41.05 * Est. Cost/Share $109.35 Unrealized @ Report Date -67.6%

XOM EXXON MOBIL CORP 0.1%

Value $218K Shares 1,597 Share Price $136.72 * Est. Cost/Share $145.92 Unrealized @ Report Date +11.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NKE	NIKE INC	68,678	$2.819M	1.4%	$41.05 *	$109.35	-67.6%	—	654106103
XOM	EXXON MOBIL CORP	1,597	$218K	0.1%	$136.72 *	$145.92	+11.5%	—	30231G102

Decreased Positions (15)

AMAT APPLIED MATLS INC 10.0%

Value $19.95M (-31.3%) Shares 39,010 (-2.9%) Share Price $511.38 Est. Cost/Share $139.42 Unrealized @ Report Date +266.8%

DELL DELL TECHNOLOGIES INC 6.7%

Value $13.34M (+17.7%) Shares 24,805 (-5.6%) Share Price $537.96 Est. Cost/Share $104.32 Unrealized @ Report Date +415.7%

VEEV VEEVA SYS INC 2.3%

Value $4.677M (+58.5%) Shares 16,385 (-1.5%) Share Price $285.45 Est. Cost/Share $183.14 Unrealized @ Report Date +55.9%

OTIS OTIS WORLDWIDE CORP 1.8%

Value $3.671M (-11.3%) Shares 57,074 (-1.3%) Share Price $64.32 Est. Cost/Share $79.03 Unrealized @ Report Date -18.6%

NVDA NVIDIA CORPORATION 1.1%

Value $2.179M (+12.5%) Shares 9,541 (-1.4%) Share Price $228.37 Est. Cost/Share $129.60 Unrealized @ Report Date +76.2%

AXP AMERICAN EXPRESS CO 0.7%

Value $1.492M (-12.8%) Shares 4,908 (-2.9%) Share Price $304.07 Est. Cost/Share $163.28 Unrealized @ Report Date +86.2%

SO SOUTHERN CO 0.4%

Value $769K (-15.9%) Shares 9,275 (-2.9%) Share Price $82.89 Est. Cost/Share $59.43 Unrealized @ Report Date +39.5%

SPG SIMON PPTY GROUP INC NEW 0.3%

Value $507K (-16.3%) Shares 2,525 (-6.7%) Share Price $200.76 Est. Cost/Share $130.04 Unrealized @ Report Date —

CVX CHEVRON CORPORATION 0.2%

Value $495K (+11.8%) Shares 2,423 (-9.3%) Share Price $204.21 Est. Cost/Share $152.03 Unrealized @ Report Date +34.3%

DUK DUKE ENERGY CORP NEW 0.2%

Value $304K (-11.6%) Shares 2,667 (-1.8%) Share Price $114.01 Est. Cost/Share $113.28 Unrealized @ Report Date +0.6%

DPZ DOMINOS PIZZA INC 1.4%

Value $2.781M (-1.1%) Shares 9,282 (-2.3%) Share Price $299.60 Est. Cost/Share $416.25 Unrealized @ Report Date -28.0%

STX SEAGATE TECHNOLOGY HLDNGS PL 0.2%

Value $433K (-5.4%) Shares 469 (-1.1%) Share Price $922.34 Est. Cost/Share $762.82 Unrealized @ Report Date +20.9%

MMM 3M CO 0.5%

Value $1.046M (-2.2%) Shares 6,374 (-3.5%) Share Price $164.15 Est. Cost/Share $123.09 Unrealized @ Report Date +33.4%

VZ VERIZON COMMUNICATIONS INC 0.3%

Value $650K (+2.4%) Shares 14,169 (-5.5%) Share Price $45.87 Est. Cost/Share $38.47 Unrealized @ Report Date +19.2%

KO COCA COLA CO 0.5%

Value $990K (+1.5%) Shares 11,501 (-4.2%) Share Price $86.08 Est. Cost/Share $52.31 Unrealized @ Report Date +64.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMAT	APPLIED MATLS INC	39,010 (-2.9%)	$19.95M (-31.3%)	10.0%	$511.38	$139.42	+266.8%	COM	038222105
DELL	DELL TECHNOLOGIES INC	24,805 (-5.6%)	$13.34M (+17.7%)	6.7%	$537.96	$104.32	+415.7%	CL C	24703L202
VEEV	VEEVA SYS INC	16,385 (-1.5%)	$4.677M (+58.5%)	2.3%	$285.45	$183.14	+55.9%	CL A COM	922475108
OTIS	OTIS WORLDWIDE CORP	57,074 (-1.3%)	$3.671M (-11.3%)	1.8%	$64.32	$79.03	-18.6%	COM	68902V107
NVDA	NVIDIA CORPORATION	9,541 (-1.4%)	$2.179M (+12.5%)	1.1%	$228.37	$129.60	+76.2%	COM	67066G104
AXP	AMERICAN EXPRESS CO	4,908 (-2.9%)	$1.492M (-12.8%)	0.7%	$304.07	$163.28	+86.2%	COM	025816109
SO	SOUTHERN CO	9,275 (-2.9%)	$769K (-15.9%)	0.4%	$82.89	$59.43	+39.5%	COM	842587107
SPG	SIMON PPTY GROUP INC NEW	2,525 (-6.7%)	$507K (-16.3%)	0.3%	$200.76	$130.04	—	COM	828806109
CVX	CHEVRON CORPORATION	2,423 (-9.3%)	$495K (+11.8%)	0.2%	$204.21	$152.03	+34.3%	COM	166764100
DUK	DUKE ENERGY CORP NEW	2,667 (-1.8%)	$304K (-11.6%)	0.2%	$114.01	$113.28	+0.6%	COM NEW	26441C204
DPZ	DOMINOS PIZZA INC	9,282 (-2.3%)	$2.781M (-1.1%)	1.4%	$299.60	$416.25	-28.0%	COM	25754A201
STX	SEAGATE TECHNOLOGY HLDNGS PL	469 (-1.1%)	$433K (-5.4%)	0.2%	$922.34	$762.82	+20.9%	ORD SHS	G7997R103
MMM	3M CO	6,374 (-3.5%)	$1.046M (-2.2%)	0.5%	$164.15	$123.09	+33.4%	COM	88579Y101
VZ	VERIZON COMMUNICATIONS INC	14,169 (-5.5%)	$650K (+2.4%)	0.3%	$45.87	$38.47	+19.2%	COM	92343V104
KO	COCA COLA CO	11,501 (-4.2%)	$990K (+1.5%)	0.5%	$86.08	$52.31	+64.6%	COM	191216100

Unchanged Positions (31)

MSFT MICROSOFT CORP 3.7%

Value $7.475M Shares 14,574 Share Price $512.91 Est. Cost/Share $307.89 Unrealized @ Report Date +66.6%

AAPL APPLE INC 6.0%

Value $12.03M Shares 36,125 Share Price $333.02 Est. Cost/Share $155.89 Unrealized @ Report Date +113.6%

HD HOME DEPOT INC 2.6%

Value $5.122M Shares 18,006 Share Price $284.49 Est. Cost/Share $343.36 Unrealized @ Report Date -17.1%

FICO FAIR ISAAC CORP 0.5%

Value $974K Shares 1,644 Share Price $592.51 Est. Cost/Share $1448.61 Unrealized @ Report Date -59.1%

ADP AUTOMATIC DATA PROCESSING IN 3.2%

Value $6.38M Shares 24,722 Share Price $258.06 Est. Cost/Share $217.23 Unrealized @ Report Date +18.8%

DHI D R HORTON INC 1.9%

Value $3.764M Shares 27,548 Share Price $136.65 Est. Cost/Share $93.43 Unrealized @ Report Date +46.3%

MA MASTERCARD INCORPORATED 4.1%

Value $8.181M Shares 14,835 Share Price $551.46 Est. Cost/Share $342.34 Unrealized @ Report Date +61.1%

GOOGL ALPHABET INC 5.5%

Value $10.99M Shares 31,929 Share Price $344.08 Est. Cost/Share $115.23 Unrealized @ Report Date +198.6%

SBUX STARBUCKS CORP 3.0%

Value $5.913M Shares 62,932 Share Price $93.96 Est. Cost/Share $95.74 Unrealized @ Report Date -1.9%

BBY BEST BUY INC 1.7%

Value $3.367M Shares 38,158 Share Price $88.24 Est. Cost/Share $76.75 Unrealized @ Report Date +15.0%

UPS UNITED PARCEL SVCS INC 1.4%

Value $2.822M Shares 30,197 Share Price $93.44 Est. Cost/Share $154.11 Unrealized @ Report Date -39.4%

VVV VALVOLINE INC 0.7%

Value $1.331M Shares 44,149 Share Price $30.14 Est. Cost/Share $36.12 Unrealized @ Report Date -16.6%

CPAY CORPAY INC 1.4%

Value $2.713M Shares 6,982 Share Price $388.63 Est. Cost/Share $353.01 Unrealized @ Report Date +10.1%

AMZN AMAZON COM INC 3.3%

Value $6.528M Shares 26,201 Share Price $249.15 Est. Cost/Share $150.85 Unrealized @ Report Date +65.2%

SCHW SCHWAB CHARLES CORP 2.8%

Value $5.606M Shares 57,358 Share Price $97.74 Est. Cost/Share $73.87 Unrealized @ Report Date +32.3%

V VISA INC 2.8%

Value $5.533M Shares 15,398 Share Price $359.34 Est. Cost/Share $216.02 Unrealized @ Report Date +66.3%

CTAS CINTAS CORP 0.9%

Value $1.874M Shares 9,608 Share Price $195.06 Est. Cost/Share $172.90 Unrealized @ Report Date +12.8%

DIS DISNEY WALT CO 1.5%

Value $3.009M Shares 28,681 Share Price $104.90 Est. Cost/Share $144.07 Unrealized @ Report Date -27.2%

GD GENERAL DYNAMICS CORP 1.5%

Value $3.042M Shares 9,169 Share Price $331.82 Est. Cost/Share $198.62 Unrealized @ Report Date +67.1%

COST COSTCO WHOLESALE CORPORATION 2.5%

Value $4.919M Shares 5,403 Share Price $910.35 Est. Cost/Share $488.10 Unrealized @ Report Date +86.5%

WST WEST PHARMACEUTICAL SVSC INC 2.5%

Value $4.905M Shares 13,228 Share Price $370.77 Est. Cost/Share $285.13 Unrealized @ Report Date +30.0%

O REALTY INCOME CORP 0.3%

Value $695K Shares 12,805 Share Price $54.30 Est. Cost/Share $55.20 Unrealized @ Report Date —

IWO ISHARES TR 0.2%

Value $465K Shares 1,302 Share Price $356.84 Est. Cost/Share $325.25 Unrealized @ Report Date +9.7%

MO ALTRIA GROUP INC 0.3%

Value $587K Shares 8,716 Share Price $67.34 Est. Cost/Share $46.20 Unrealized @ Report Date +45.8%

AEP AMERICAN ELEC PWR CO INC 0.1%

Value $242K Shares 2,037 Share Price $118.64 Est. Cost/Share $117.70 Unrealized @ Report Date +0.8%

IWP ISHARES TR 0.3%

Value $576K Shares 4,183 Share Price $137.69 Est. Cost/Share $139.75 Unrealized @ Report Date -1.5%

PAYX PAYCHEX INC 2.4%

Value $4.717M Shares 47,893 Share Price $98.50 Est. Cost/Share $109.17 Unrealized @ Report Date -9.8%

IWC ISHARES TR 0.1%

Value $255K Shares 1,379 Share Price $184.78 Est. Cost/Share $155.55 Unrealized @ Report Date +18.8%

PM PHILIP MORRIS INTL INC 0.1%

Value $297K Shares 1,555 Share Price $190.82 Est. Cost/Share $154.07 Unrealized @ Report Date +23.9%

SPY STATE STR SPDR S&P 500 ETF T 0.2%

Value $327K Shares 429 Share Price $763.11 Est. Cost/Share $675.88 Unrealized @ Report Date +12.8%

QQQ INVESCO QQQ TR 0.4%

Value $811K Shares 1,096 Share Price $739.70 Est. Cost/Share $613.63 Unrealized @ Report Date +20.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	14,574	$7.475M	3.7%	$512.91	$307.89	+66.6%	COM	594918104
AAPL	APPLE INC	36,125	$12.03M	6.0%	$333.02	$155.89	+113.6%	COM	037833100
HD	HOME DEPOT INC	18,006	$5.122M	2.6%	$284.49	$343.36	-17.1%	COM	437076102
FICO	FAIR ISAAC CORP	1,644	$974K	0.5%	$592.51	$1448.61	-59.1%	COM	303250104
ADP	AUTOMATIC DATA PROCESSING IN	24,722	$6.38M	3.2%	$258.06	$217.23	+18.8%	COM	053015103
DHI	D R HORTON INC	27,548	$3.764M	1.9%	$136.65	$93.43	+46.3%	COM	23331A109
MA	MASTERCARD INCORPORATED	14,835	$8.181M	4.1%	$551.46	$342.34	+61.1%	CL A	57636Q104
GOOGL	ALPHABET INC	31,929	$10.99M	5.5%	$344.08	$115.23	+198.6%	CAP STK CL A	02079K305
SBUX	STARBUCKS CORP	62,932	$5.913M	3.0%	$93.96	$95.74	-1.9%	COM	855244109
BBY	BEST BUY INC	38,158	$3.367M	1.7%	$88.24	$76.75	+15.0%	COM	086516101
UPS	UNITED PARCEL SVCS INC	30,197	$2.822M	1.4%	$93.44	$154.11	-39.4%	CL B	911312106
VVV	VALVOLINE INC	44,149	$1.331M	0.7%	$30.14	$36.12	-16.6%	COM	92047W101
CPAY	CORPAY INC	6,982	$2.713M	1.4%	$388.63	$353.01	+10.1%	COM SHS	219948106
AMZN	AMAZON COM INC	26,201	$6.528M	3.3%	$249.15	$150.85	+65.2%	COM	023135106
SCHW	SCHWAB CHARLES CORP	57,358	$5.606M	2.8%	$97.74	$73.87	+32.3%	COM	808513105
V	VISA INC	15,398	$5.533M	2.8%	$359.34	$216.02	+66.3%	COM CL A	92826C839
CTAS	CINTAS CORP	9,608	$1.874M	0.9%	$195.06	$172.90	+12.8%	COM	172908105
DIS	DISNEY WALT CO	28,681	$3.009M	1.5%	$104.90	$144.07	-27.2%	COM	254687106
GD	GENERAL DYNAMICS CORP	9,169	$3.042M	1.5%	$331.82	$198.62	+67.1%	COM	369550108
COST	COSTCO WHOLESALE CORPORATION	5,403	$4.919M	2.5%	$910.35	$488.10	+86.5%	COM	22160K105
WST	WEST PHARMACEUTICAL SVSC INC	13,228	$4.905M	2.5%	$370.77	$285.13	+30.0%	COM	955306105
O	REALTY INCOME CORP	12,805	$695K	0.3%	$54.30	$55.20	—	COM	756109104
IWO	ISHARES TR	1,302	$465K	0.2%	$356.84	$325.25	+9.7%	RUS 2000 GRW ETF	464287648
MO	ALTRIA GROUP INC	8,716	$587K	0.3%	$67.34	$46.20	+45.8%	COM	02209S103
AEP	AMERICAN ELEC PWR CO INC	2,037	$242K	0.1%	$118.64	$117.70	+0.8%	COM	025537101
IWP	ISHARES TR	4,183	$576K	0.3%	$137.69	$139.75	-1.5%	RUS MD CP GR ETF	464287481
PAYX	PAYCHEX INC	47,893	$4.717M	2.4%	$98.50	$109.17	-9.8%	COM	704326107
IWC	ISHARES TR	1,379	$255K	0.1%	$184.78	$155.55	+18.8%	MICRO-CAP ETF	464288869
PM	PHILIP MORRIS INTL INC	1,555	$297K	0.1%	$190.82	$154.07	+23.9%	COM	718172109
SPY	STATE STR SPDR S&P 500 ETF T	429	$327K	0.2%	$763.11	$675.88	+12.8%	TR UNIT	78462F103
QQQ	INVESCO QQQ TR	1,096	$811K	0.4%	$739.70	$613.63	+20.6%	UNIT SER 1	46090E103