Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WDAY	WORKDAY INC CLASS A	45,328	$5.889M	3.0%	$172.62	0.0%	COMMON STOCK	98138H101
VZ	VERIZON COMMUNICATIONS I	113,705	$5.708M	2.9%	$43.82	0.0%	COMMON STOCK	92343V104
SNY	SANOFI FSPONSORED ADR 1 ADR REPS 0.5 ORD SHS	72,259	$3.481M	1.7%	$48.18	—	ADR	80105N105
IWM	ISHARES RUSSELL 2000 ETF	3,280	$813K	0.4%	$247.99	—	UIT EXCHANGE TRADED	464287655
BA	BOEING CO	1,824	$363K	0.2%	$238.54	0.0%	COMMON STOCK	097023105
EFA	ISHARES MSCI EAFE ETF	3,130	$304K	0.2%	$97.14	—	UIT EXCHANGE TRADED	464287465
Q	QNITY ELECTRONICS INC	2,070	$239K	0.1%	$101.21	0.0%	COMMON STOCK	74743L100
CAT	CATERPILLAR INC	311	$220K	0.1%	$684.39	0.0%	COMMON STOCK	149123101
FACO	FIRST ACCEP CORP	49,429	$215K	0.1%	$4.11	0.0%	COMMON STOCK	318457108
MRK	MERCK & CO. INC.	1,737	$209K	0.1%	$114.28	0.0%	COMMON STOCK	58933Y105

Increased Positions (15)

MSFT MICROSOFT CORP 6.0%

Value $11.89M (+1303.0%) Shares 32,115 (+1733.0%) Est. Cost $433.80 Unrealized +0.2%

AMZN AMAZON.COM INC 11.9%

Value $23.67M (+62.7%) Shares 115,509 (+83.3%) Est. Cost $221.47 Unrealized +2.4%

F FORD MTR CO DEL 5.0%

Value $10.01M (-9.1%) Shares 867,340 (+3.3%) Est. Cost $9.41 Unrealized +46.1%

CVS CVS HEALTH CORP 5.3%

Value $10.51M (-8.4%) Shares 146,342 (+1.2%) Est. Cost $58.22 Unrealized +33.9%

NVO NOVO-NORDISK A S FSPONSORED ADR 1 ADR REPS 1 ORD SHS 1.3%

Value $2.659M (-26.0%) Shares 72,366 (+2.4%) Est. Cost $50.55 Unrealized —

MO ALTRIA GROUP INC 2.7%

Value $5.359M (+16.1%) Shares 81,214 (+1.4%) Est. Cost $51.20 Unrealized +23.1%

NKE NIKE INC CLASS CLASS B 1.9%

Value $3.875M (-15.4%) Shares 73,364 (+2.1%) Est. Cost $71.88 Unrealized -11.0%

KHC KRAFT HEINZ CO 3.1%

Value $6.244M (-6.2%) Shares 277,613 (+1.2%) Est. Cost $28.27 Unrealized -15.4%

FTNT FORTINET INC 1.9%

Value $3.837M (+10.3%) Shares 46,951 (+7.2%) Est. Cost $88.61 Unrealized -9.7%

NVDA NVIDIA CORP 7.5%

Value $14.9M (-2.0%) Shares 85,461 (+4.8%) Est. Cost $129.45 Unrealized +44.2%

GEV GE VERNOVA INC 0.4%

Value $888K (+36.3%) Shares 1,017 (+2.1%) Est. Cost $365.21 Unrealized +101.8%

TSLA TESLA INC 0.6%

Value $1.228M (+15.3%) Shares 3,303 (+39.4%) Est. Cost $355.30 Unrealized +19.9%

GE GE AEROSPACE 0.6%

Value $1.185M (-6.5%) Shares 4,175 (+1.5%) Est. Cost $198.71 Unrealized +60.1%

HPQ HP INC 0.2%

Value $305K (-12.7%) Shares 15,873 (+1.2%) Est. Cost $30.23 Unrealized -34.6%

META META PLATFORMS INC CLASS A 0.2%

Value $309K (-7.4%) Shares 539 (+6.7%) Est. Cost $668.15 Unrealized -1.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	32,115 (+1733.0%)	$11.89M (+1303.0%)	6.0%	$433.80	+0.2%	COMMON STOCK	594918104
AMZN	AMAZON.COM INC	115,509 (+83.3%)	$23.67M (+62.7%)	11.9%	$221.47	+2.4%	COMMON STOCK	023135106
F	FORD MTR CO DEL	867,340 (+3.3%)	$10.01M (-9.1%)	5.0%	$9.41	+46.1%	COMMON STOCK	345370860
CVS	CVS HEALTH CORP	146,342 (+1.2%)	$10.51M (-8.4%)	5.3%	$58.22	+33.9%	COMMON STOCK	126650100
NVO	NOVO-NORDISK A S FSPONSORED ADR 1 ADR REPS 1 ORD SHS	72,366 (+2.4%)	$2.659M (-26.0%)	1.3%	$50.55	—	ADR	670100205
MO	ALTRIA GROUP INC	81,214 (+1.4%)	$5.359M (+16.1%)	2.7%	$51.20	+23.1%	COMMON STOCK	02209S103
NKE	NIKE INC CLASS CLASS B	73,364 (+2.1%)	$3.875M (-15.4%)	1.9%	$71.88	-11.0%	COMMON STOCK	654106103
KHC	KRAFT HEINZ CO	277,613 (+1.2%)	$6.244M (-6.2%)	3.1%	$28.27	-15.4%	COMMON STOCK	500754106
FTNT	FORTINET INC	46,951 (+7.2%)	$3.837M (+10.3%)	1.9%	$88.61	-9.7%	COMMON STOCK	34959E109
NVDA	NVIDIA CORP	85,461 (+4.8%)	$14.9M (-2.0%)	7.5%	$129.45	+44.2%	COMMON STOCK	67066G104
GEV	GE VERNOVA INC	1,017 (+2.1%)	$888K (+36.3%)	0.4%	$365.21	+101.8%	COMMON STOCK	36828A101
TSLA	TESLA INC	3,303 (+39.4%)	$1.228M (+15.3%)	0.6%	$355.30	+19.9%	COMMON STOCK	88160R101
GE	GE AEROSPACE	4,175 (+1.5%)	$1.185M (-6.5%)	0.6%	$198.71	+60.1%	COMMON STOCK	369604301
HPQ	HP INC	15,873 (+1.2%)	$305K (-12.7%)	0.2%	$30.23	-34.6%	COMMON STOCK	40434L105
META	META PLATFORMS INC CLASS A	539 (+6.7%)	$309K (-7.4%)	0.2%	$668.15	-1.9%	COMMON STOCK	30303M102

Exited Positions (8)

PNC PNC FINL SERVICES 3.6%

Value $7.199M Shares 34,491 Est. Cost $183.33 Unrealized +22.7%

AEE AMEREN CORP 2.1%

Value $4.277M Shares 42,826 Est. Cost $93.72 Unrealized +11.7%

HBAN HUNTINGTON BANCSHARES IN 1.7%

Value $3.399M Shares 195,931 Est. Cost $15.53 Unrealized +15.2%

CMG CHIPOTLE MEXICAN GRILL I 1.4%

Value $2.871M Shares 77,606 Est. Cost $54.38 Unrealized -28.7%

— HILLENBRAND INC 0.3%

Value $588K Shares 18,530 Est. Cost $24.10 Unrealized —

MCK MCKESSON CORP 0.1%

Value $216K Shares 263 Est. Cost $703.03 Unrealized +24.5%

VGT VANGUARD INFORMATION TECH ETF 0.1%

Value $210K Shares 279 Est. Cost $754.03 Unrealized —

DD DUPONT DE NEMOURS INC 0.1%

Value $168K Shares 4,182 Est. Cost $31.89 Unrealized +44.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PNC	PNC FINL SERVICES	34,491	$7.199M	3.6%	$183.33	+22.7%	—	693475105
AEE	AMEREN CORP	42,826	$4.277M	2.1%	$93.72	+11.7%	—	023608102
HBAN	HUNTINGTON BANCSHARES IN	195,931	$3.399M	1.7%	$15.53	+15.2%	—	446150104
CMG	CHIPOTLE MEXICAN GRILL I	77,606	$2.871M	1.4%	$54.38	-28.7%	—	169656105
—	HILLENBRAND INC	18,530	$588K	0.3%	$24.10	—	—	431571108
MCK	MCKESSON CORP	263	$216K	0.1%	$703.03	+24.5%	—	58155Q103
VGT	VANGUARD INFORMATION TECH ETF	279	$210K	0.1%	$754.03	—	—	92204A702
DD	DUPONT DE NEMOURS INC	4,182	$168K	0.1%	$31.89	+44.6%	—	26614N102

Decreased Positions (6)

DOW DOW INC 10.8%

Value $21.6M (-7.0%) Shares 518,674 (-48.3%) Est. Cost $26.35 Unrealized +10.2%

GOOG ALPHABET INC CLASS C 2.7%

Value $5.303M (-12.8%) Shares 18,487 (-4.6%) Est. Cost $185.64 Unrealized +74.4%

GIS GENERAL MILLS INC 1.0%

Value $1.963M (-22.6%) Shares 52,751 (-3.3%) Est. Cost $57.96 Unrealized -21.6%

TSM TAIWAN SEMICONDUCTOR M FSPONSORED ADR 1 ADR REPS 5 ORD SHS 1.9%

Value $3.83M (+10.0%) Shares 11,332 (-1.1%) Est. Cost $166.00 Unrealized —

CTVA CORTEVA INC 0.3%

Value $588K (+22.1%) Shares 7,023 (-2.3%) Est. Cost $61.25 Unrealized +18.8%

PG PROCTER & GAMBLE CO 1.4%

Value $2.722M (-0.7%) Shares 18,848 (-1.5%) Est. Cost $163.95 Unrealized -7.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DOW	DOW INC	518,674 (-48.3%)	$21.6M (-7.0%)	10.8%	$26.35	+10.2%	COMMON STOCK	260557103
GOOG	ALPHABET INC CLASS C	18,487 (-4.6%)	$5.303M (-12.8%)	2.7%	$185.64	+74.4%	COMMON STOCK	02079K107
GIS	GENERAL MILLS INC	52,751 (-3.3%)	$1.963M (-22.6%)	1.0%	$57.96	-21.6%	COMMON STOCK	370334104
TSM	TAIWAN SEMICONDUCTOR M FSPONSORED ADR 1 ADR REPS 5 ORD SHS	11,332 (-1.1%)	$3.83M (+10.0%)	1.9%	$166.00	—	ADR	874039100
CTVA	CORTEVA INC	7,023 (-2.3%)	$588K (+22.1%)	0.3%	$61.25	+18.8%	COMMON STOCK	22052L104
PG	PROCTER & GAMBLE CO	18,848 (-1.5%)	$2.722M (-0.7%)	1.4%	$163.95	-7.4%	COMMON STOCK	742718109

Unchanged Positions (23)

AAPL APPLE INC 10.2%

Value $20.3M Shares 79,986 Est. Cost $230.77 Unrealized +13.9%

XOM EXXON MOBIL CORP 2.4%

Value $4.764M Shares 28,082 Est. Cost $107.21 Unrealized +29.4%

EXC EXELON CORP 1.2%

Value $2.436M Shares 49,697 Est. Cost $40.50 Unrealized +11.4%

D DOMINION ENERGY INC 2.4%

Value $4.82M Shares 77,972 Est. Cost $52.73 Unrealized +16.9%

TRX TRX GOLD CORP F 0.2%

Value $494K Shares 329,133 Est. Cost $0.40 Unrealized +250.6%

USFD US FOODS HLDG CORP 0.4%

Value $896K Shares 9,713 Est. Cost $68.34 Unrealized +26.8%

SPY STATE STREET SPDR S&P 500 ETF TRUST 2.1%

Value $4.113M Shares 6,325 Est. Cost $681.96 Unrealized —

GWRE GUIDEWIRE SOFTWARE INC 0.2%

Value $431K Shares 2,879 Est. Cost $194.38 Unrealized -22.7%

COST COSTCO WHSL CORP NEW 0.4%

Value $755K Shares 758 Est. Cost $970.56 Unrealized -0.7%

AEP AMERICAN ELEC PWR CO INC 0.4%

Value $768K Shares 5,856 Est. Cost $98.44 Unrealized +22.5%

WMT WALMART INC 0.3%

Value $697K Shares 5,609 Est. Cost $93.10 Unrealized +31.1%

BWA BORGWARNER INC 0.1%

Value $279K Shares 5,148 Est. Cost $39.71 Unrealized +31.8%

SIEGY SIEMENS A G FSPONSORED ADR 1 ADR REPS 0.5 ORD SHS 0.2%

Value $323K Shares 2,647 Est. Cost $116.31 Unrealized —

JCI JOHNSON CONTROLS INT F 0.2%

Value $472K Shares 3,606 Est. Cost $81.59 Unrealized +54.5%

OTIS OTIS WORLDWIDE CORP 0.1%

Value $258K Shares 3,352 Est. Cost $96.18 Unrealized -6.9%

UPS UNITED PARCEL SVC INC CLASS B 2.3%

Value $4.64M Shares 47,167 Est. Cost $88.19 Unrealized +24.6%

ARMK ARAMARK 0.2%

Value $311K Shares 7,666 Est. Cost $36.37 Unrealized +7.4%

CARR CARRIER GLOBAL CORP 0.2%

Value $427K Shares 7,578 Est. Cost $65.78 Unrealized -9.3%

VTI VANGUARD TOTAL STOCK MARKET INDEX FUND ETF SHARES 0.2%

Value $436K Shares 1,360 Est. Cost $335.33 Unrealized —

BRK/B BERKSHIRE HATHAWAY CLASS B 0.2%

Value $369K Shares 769 Est. Cost $485.51 Unrealized +1.6%

VV VANGUARD LARGE-CAP INDEXFUND ETF SHARES 0.2%

Value $321K Shares 1,074 Est. Cost $314.77 Unrealized —

GD GENERAL DYNAMICS CORP 0.2%

Value $399K Shares 1,163 Est. Cost $255.81 Unrealized +38.6%

C CITIGROUP INC 0.1%

Value $257K Shares 2,265 Est. Cost $94.11 Unrealized +23.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	79,986	$20.3M	10.2%	$230.77	+13.9%	COMMON STOCK	037833100
XOM	EXXON MOBIL CORP	28,082	$4.764M	2.4%	$107.21	+29.4%	COMMON STOCK	30231G102
EXC	EXELON CORP	49,697	$2.436M	1.2%	$40.50	+11.4%	COMMON STOCK	30161N101
D	DOMINION ENERGY INC	77,972	$4.82M	2.4%	$52.73	+16.9%	COMMON STOCK	25746U109
TRX	TRX GOLD CORP F	329,133	$494K	0.2%	$0.40	+250.6%	COMMON STOCK	87283P109
USFD	US FOODS HLDG CORP	9,713	$896K	0.4%	$68.34	+26.8%	COMMON STOCK	912008109
SPY	STATE STREET SPDR S&P 500 ETF TRUST	6,325	$4.113M	2.1%	$681.96	—	UIT EXCHANGE TRADED	78462F103
GWRE	GUIDEWIRE SOFTWARE INC	2,879	$431K	0.2%	$194.38	-22.7%	COMMON STOCK	40171V100
COST	COSTCO WHSL CORP NEW	758	$755K	0.4%	$970.56	-0.7%	COMMON STOCK	22160K105
AEP	AMERICAN ELEC PWR CO INC	5,856	$768K	0.4%	$98.44	+22.5%	COMMON STOCK	025537101
WMT	WALMART INC	5,609	$697K	0.3%	$93.10	+31.1%	COMMON STOCK	931142103
BWA	BORGWARNER INC	5,148	$279K	0.1%	$39.71	+31.8%	COMMON STOCK	099724106
SIEGY	SIEMENS A G FSPONSORED ADR 1 ADR REPS 0.5 ORD SHS	2,647	$323K	0.2%	$116.31	—	ADR	826197501
JCI	JOHNSON CONTROLS INT F	3,606	$472K	0.2%	$81.59	+54.5%	COMMON STOCK	G51502105
OTIS	OTIS WORLDWIDE CORP	3,352	$258K	0.1%	$96.18	-6.9%	COMMON STOCK	68902V107
UPS	UNITED PARCEL SVC INC CLASS B	47,167	$4.64M	2.3%	$88.19	+24.6%	COMMON STOCK	911312106
ARMK	ARAMARK	7,666	$311K	0.2%	$36.37	+7.4%	COMMON STOCK	03852U106
CARR	CARRIER GLOBAL CORP	7,578	$427K	0.2%	$65.78	-9.3%	COMMON STOCK	14448C104
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND ETF SHARES	1,360	$436K	0.2%	$335.33	—	UIT EXCHANGE TRADED	922908769
BRK/B	BERKSHIRE HATHAWAY CLASS B	769	$369K	0.2%	$485.51	+1.6%	COMMON STOCK	084670702
VV	VANGUARD LARGE-CAP INDEXFUND ETF SHARES	1,074	$321K	0.2%	$314.77	—	UIT EXCHANGE TRADED	922908637
GD	GENERAL DYNAMICS CORP	1,163	$399K	0.2%	$255.81	+38.6%	COMMON STOCK	369550108
C	CITIGROUP INC	2,265	$257K	0.1%	$94.11	+23.4%	COMMON STOCK	172967424