Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY	1,116,807 (+48.9%)	$29.77M (+44.6%)	7.7%	$15.44	—	COM SER A	934423104
TOST	TOAST INC	404,955 (+248.4%)	$11.27M (+265.6%)	2.9%	$28.84	—	COM	888787108
—	KAYNE ANDERSN MLP MIDS INVT	1,968,119 (+34.0%)	$27.22M (+29.8%)	7.0%	$12.48	—	COM	486606106
GOOG	ALPHABET INC CLASS C	5,907 (+1.7%)	$2.087M (+25.3%)	0.5%	$142.22	—	CAP STK CL C	02079K107
EQX	EQUINOX GOLD CORP	44,950 (+1.6%)	$437K (-33.2%)	0.1%	$7.83	—	COM	29446Y502
GOOGL	ALPHABET INC CLASS A	1,780 (+3.2%)	$636K (+28.2%)	0.2%	$169.29	—	CAP STK CL A	02079K305
NVDA	NVIDIA CORPORATION	1,975 (+18.3%)	$395K (+35.7%)	0.1%	$178.52	—	COM	67066G104
AVTR	AVANTOR INC.	16,200 (+50.0%)	$160K (+89.4%)	0.0%	$11.51	—	COM	05352A100
JNJ	JOHNSON & JOHNSON	4,040 (+2.8%)	$1.026M (+6.8%)	0.3%	$161.96	—	COM	478160104
MSFT	MICROSOFT CORP	2,515 (+1.0%)	$938K (+1.8%)	0.2%	$378.11	—	COM	594918104

Exited Positions (6)

— ABERDEEN ASIA PACIFIC INCOM 1.1%

Value $4.332M Shares 300,443 Est. Cost $6.91 Unrealized —

QCOM QUALCOMM INC 1.0%

Value $3.709M Shares 28,800 Est. Cost $71.50 Unrealized —

L LOEWS 0.1%

Value $531K Shares 4,976 Est. Cost $87.06 Unrealized —

COR CENCORA INC 0.1%

Value $318K Shares 1,012 Est. Cost $293.50 Unrealized —

V VISA INC 0.1%

Value $313K Shares 1,034 Est. Cost $345.14 Unrealized —

CAT CATERPILLAR INC 0.1%

Value $282K Shares 398 Est. Cost $684.39 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ABERDEEN ASIA PACIFIC INCOM	300,443	$4.332M	1.1%	$6.91	—	—	003009107
QCOM	QUALCOMM INC	28,800	$3.709M	1.0%	$71.50	—	—	747525103
L	LOEWS	4,976	$531K	0.1%	$87.06	—	—	540424108
COR	CENCORA INC	1,012	$318K	0.1%	$293.50	—	—	03073E105
V	VISA INC	1,034	$313K	0.1%	$345.14	—	—	92826C839
CAT	CATERPILLAR INC	398	$282K	0.1%	$684.39	—	—	149123101

Decreased Positions (11)

CZR CAESARS ENTERTAINMENT 4.4%

Value $17.19M (-34.9%) Shares 569,435 (-43.0%) Est. Cost $22.42 Unrealized —

MOS MOSAIC CO (THE) 4.2%

Value $16.15M (-18.0%) Shares 762,320 (-1.3%) Est. Cost $27.27 Unrealized —

INTC INTEL CORP 0.4%

Value $1.724M (+169.3%) Shares 12,345 (-14.9%) Est. Cost $29.15 Unrealized —

DIS DISNEY WALT CO 6.0%

Value $23.18M (-1.7%) Shares 240,876 (-1.6%) Est. Cost $99.30 Unrealized —

— CLEARBRIDGE ENG OP 0.6%

Value $2.248M (-7.6%) Shares 44,879 (-2.6%) Est. Cost $46.11 Unrealized —

GE GENERAL ELECTRIC 0.2%

Value $607K (+29.3%) Shares 1,623 (-1.8%) Est. Cost $152.72 Unrealized —

CLIP GLOBAL X T-BILL ETF 1.9%

Value $7.299M (-1.7%) Shares 72,742 (-1.6%) Est. Cost $100.36 Unrealized —

PWR QUANTA SERVICES 0.1%

Value $292K (-29.2%) Shares 405 (-46.0%) Est. Cost $320.76 Unrealized —

GLNG GOLAR LNG LTD 0.2%

Value $736K (-13.7%) Shares 14,775 (-6.3%) Est. Cost $30.46 Unrealized —

VTIP VANGUARD MALVERN FDS 0.1%

Value $456K (-13.7%) Shares 9,075 (-14.2%) Est. Cost $49.95 Unrealized —

ASTL ALGOMA STEEL 0.1%

Value $219K (-8.7%) Shares 54,000 (-6.9%) Est. Cost $6.92 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CZR	CAESARS ENTERTAINMENT	569,435 (-43.0%)	$17.19M (-34.9%)	4.4%	$22.42	—	COM	12769G100
MOS	MOSAIC CO (THE)	762,320 (-1.3%)	$16.15M (-18.0%)	4.2%	$27.27	—	COM	61945C103
INTC	INTEL CORP	12,345 (-14.9%)	$1.724M (+169.3%)	0.4%	$29.15	—	COM	458140100
DIS	DISNEY WALT CO	240,876 (-1.6%)	$23.18M (-1.7%)	6.0%	$99.30	—	COM	254687106
—	CLEARBRIDGE ENG OP	44,879 (-2.6%)	$2.248M (-7.6%)	0.6%	$46.11	—	COM	18469P209
GE	GENERAL ELECTRIC	1,623 (-1.8%)	$607K (+29.3%)	0.2%	$152.72	—	COM NEW	369604301
CLIP	GLOBAL X T-BILL ETF	72,742 (-1.6%)	$7.299M (-1.7%)	1.9%	$100.36	—	1-3 MONTH T-BILL	37960A438
PWR	QUANTA SERVICES	405 (-46.0%)	$292K (-29.2%)	0.1%	$320.76	—	COM	74762E102
GLNG	GOLAR LNG LTD	14,775 (-6.3%)	$736K (-13.7%)	0.2%	$30.46	—	SHS	G9456A100
VTIP	VANGUARD MALVERN FDS	9,075 (-14.2%)	$456K (-13.7%)	0.1%	$49.95	—	STRM INFPROIDX	922020805
ASTL	ALGOMA STEEL	54,000 (-6.9%)	$219K (-8.7%)	0.1%	$6.92	—	COM	015658107

Unchanged Positions (48)

C CITIGROUP INC 14.6%

Value $56.51M Shares 403,786 Est. Cost $42.43 Unrealized —

AAPL APPLE INC 11.3%

Value $43.89M Shares 151,666 Est. Cost $85.04 Unrealized —

VZ VERIZON COMMUNICATIONS INC 7.6%

Value $29.3M Shares 692,060 Est. Cost $35.41 Unrealized —

SOLV SOLVENTUM 6.9%

Value $26.71M Shares 346,217 Est. Cost $73.60 Unrealized —

GMED GLOBUS MED INC 6.5%

Value $25.4M Shares 321,520 Est. Cost $63.01 Unrealized —

EPD ENTERPRISE LP 0.1%

Value $242K Shares 6,575 Est. Cost $31.01 Unrealized —

WES WESTERN MIDSTREAM PARTNERS L 4.5%

Value $17.63M Shares 402,969 Est. Cost $25.32 Unrealized —

WWD WOODWARD INC 1.3%

Value $4.935M Shares 11,600 Est. Cost $69.73 Unrealized —

XOM EXXON MOBIL CORP 0.5%

Value $1.883M Shares 13,770 Est. Cost $70.80 Unrealized —

MMM 3M 0.8%

Value $3.222M Shares 19,903 Est. Cost $128.38 Unrealized —

JPM JP MORGAN CHASE & CO 0.8%

Value $3.085M Shares 9,425 Est. Cost $86.47 Unrealized —

LLY ELI LILLY & CO 0.2%

Value $843K Shares 703 Est. Cost $560.42 Unrealized —

T AT&T INC 0.1%

Value $484K Shares 23,375 Est. Cost $15.73 Unrealized —

BAC BANK OF AMERICA CORP 0.3%

Value $1.024M Shares 17,980 Est. Cost $31.79 Unrealized —

CSCO CISCO SYSTEMS 0.1%

Value $411K Shares 3,496 Est. Cost $62.58 Unrealized —

GEV GE VERNOVA INC 0.1%

Value $489K Shares 416 Est. Cost $623.21 Unrealized —

CVX CHEVRON CORP 0.1%

Value $430K Shares 2,594 Est. Cost $149.95 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value $392K Shares 3,358 Est. Cost $40.98 Unrealized —

Q QNITY ELECTRONICS INC 0.1%

Value $335K Shares 2,050 Est. Cost $101.21 Unrealized —

AMZN AMAZON.COM INC 0.2%

Value $710K Shares 2,980 Est. Cost $217.53 Unrealized —

CLB CORE LABS 0.0%

Value $193K Shares 16,600 Est. Cost $14.87 Unrealized —

WMT WALMART INC 0.2%

Value $829K Shares 7,320 Est. Cost $59.27 Unrealized —

SII SPROTT INC 0.1%

Value $278K Shares 2,475 Est. Cost $91.90 Unrealized —

OR OR ROYALTIES INC 0.1%

Value $335K Shares 10,600 Est. Cost $31.21 Unrealized —

IJK ISHARES TR 0.1%

Value $400K Shares 3,406 Est. Cost $75.00 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value $1.308M Shares 2,613 Est. Cost $374.91 Unrealized —

EXE EXPAND ENERGY CORP 0.1%

Value $246K Shares 2,700 Est. Cost $71.04 Unrealized —

IJT ISHARES TR S&P SMALL CAP 600 0.1%

Value $250K Shares 1,398 Est. Cost $144.71 Unrealized —

BA BOEING CO. 0.1%

Value $500K Shares 2,308 Est. Cost $156.93 Unrealized —

KO COCA COLA CO 0.2%

Value $615K Shares 7,563 Est. Cost $39.71 Unrealized —

SPLV INVESCO S&P500 LOW V 0.4%

Value $1.654M Shares 22,084 Est. Cost $73.37 Unrealized —

ABBV ABBVIE INC 0.1%

Value $272K Shares 1,082 Est. Cost $203.90 Unrealized —

FFIN FIRST FINL BANKSHARES 0.1%

Value $242K Shares 7,000 Est. Cost $29.02 Unrealized —

— BANK AMERICA CORP 0.2%

Value $700K Shares 558 Est. Cost $1445.91 Unrealized —

TJX TJMAXX COMPANIES INC NEW 0.1%

Value $367K Shares 2,422 Est. Cost $132.28 Unrealized —

COST COSTCO WHOLESALE 0.1%

Value $287K Shares 307 Est. Cost $963.77 Unrealized —

ET ENERGY TRANSFER LP 0.9%

Value $3.346M Shares 175,014 Est. Cost $6.96 Unrealized —

AQN ALGONQUIN POWER 0.1%

Value $330K Shares 56,328 Est. Cost $5.65 Unrealized —

PPL PPL CORP 0.1%

Value $293K Shares 8,050 Est. Cost $35.43 Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.1%

Value $345K Shares 2,525 Est. Cost $108.19 Unrealized —

DUK DUKE ENERGY CORP NEW 0.1%

Value $325K Shares 2,564 Est. Cost $119.80 Unrealized —

KMI KINDER MORGAN INC DEL 0.1%

Value $220K Shares 6,893 Est. Cost $24.41 Unrealized —

FLRN SPDR BARCLAYS INVT GRADE 1.0%

Value $3.851M Shares 124,835 Est. Cost $30.61 Unrealized —

AMGN AMGEN INC 0.1%

Value $253K Shares 700 Est. Cost $315.95 Unrealized —

META META PLATFORMS INC 0.1%

Value $201K Shares 357 Est. Cost $655.57 Unrealized —

— ENERGY TRANSFER LP 0.1%

Value $311K Shares 27,125 Est. Cost $11.57 Unrealized —

JPST JP MORGAN EXCHANGE TRADED FD 0.1%

Value $243K Shares 4,800 Est. Cost $50.74 Unrealized —

VUSB VANGUARD BD FD 0.1%

Value $284K Shares 5,700 Est. Cost $49.86 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
C	CITIGROUP INC	403,786	$56.51M	14.6%	$42.43	—	COM NEW	172967424
AAPL	APPLE INC	151,666	$43.89M	11.3%	$85.04	—	COM	037833100
VZ	VERIZON COMMUNICATIONS INC	692,060	$29.3M	7.6%	$35.41	—	COM	92343V104
SOLV	SOLVENTUM	346,217	$26.71M	6.9%	$73.60	—	COM SHS	83444M101
GMED	GLOBUS MED INC	321,520	$25.4M	6.5%	$63.01	—	CL A	379577208
EPD	ENTERPRISE LP	6,575	$242K	0.1%	$31.01	—	COM	293792107
WES	WESTERN MIDSTREAM PARTNERS L	402,969	$17.63M	4.5%	$25.32	—	COM UNIT LP INT	958669103
WWD	WOODWARD INC	11,600	$4.935M	1.3%	$69.73	—	COM	980745103
XOM	EXXON MOBIL CORP	13,770	$1.883M	0.5%	$70.80	—	COM	30231G102
MMM	3M	19,903	$3.222M	0.8%	$128.38	—	COM	88579Y101
JPM	JP MORGAN CHASE & CO	9,425	$3.085M	0.8%	$86.47	—	COM	46625H100
LLY	ELI LILLY & CO	703	$843K	0.2%	$560.42	—	COM	532457108
T	AT&T INC	23,375	$484K	0.1%	$15.73	—	COM	00206R102
BAC	BANK OF AMERICA CORP	17,980	$1.024M	0.3%	$31.79	—	COM	060505104
CSCO	CISCO SYSTEMS	3,496	$411K	0.1%	$62.58	—	COM	17275R102
GEV	GE VERNOVA INC	416	$489K	0.1%	$623.21	—	COM	36828A101
CVX	CHEVRON CORP	2,594	$430K	0.1%	$149.95	—	COM	166764100
PLTR	PALANTIR TECHNOLOGIES INC	3,358	$392K	0.1%	$40.98	—	CL A	69608A108
Q	QNITY ELECTRONICS INC	2,050	$335K	0.1%	$101.21	—	COMMON STOCK	74743L100
AMZN	AMAZON.COM INC	2,980	$710K	0.2%	$217.53	—	COM	023135106
CLB	CORE LABS	16,600	$193K	0.0%	$14.87	—	COM	21867A105
WMT	WALMART INC	7,320	$829K	0.2%	$59.27	—	COM	931142103
SII	SPROTT INC	2,475	$278K	0.1%	$91.90	—	COM	852066208
OR	OR ROYALTIES INC	10,600	$335K	0.1%	$31.21	—	COM SHS	68390D106
IJK	ISHARES TR	3,406	$400K	0.1%	$75.00	—	S&P MC 400GR ETF	464287606
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,613	$1.308M	0.3%	$374.91	—	CL B NEW	084670702
EXE	EXPAND ENERGY CORP	2,700	$246K	0.1%	$71.04	—	COM	165167735
IJT	ISHARES TR S&P SMALL CAP 600	1,398	$250K	0.1%	$144.71	—	S&P SML 600 GWT	464287887
BA	BOEING CO.	2,308	$500K	0.1%	$156.93	—	COM	097023105
KO	COCA COLA CO	7,563	$615K	0.2%	$39.71	—	COM	191216100
SPLV	INVESCO S&P500 LOW V	22,084	$1.654M	0.4%	$73.37	—	S&P500 LOW VOL	46138E354
ABBV	ABBVIE INC	1,082	$272K	0.1%	$203.90	—	COM	00287Y109
FFIN	FIRST FINL BANKSHARES	7,000	$242K	0.1%	$29.02	—	COM	32020R109
—	BANK AMERICA CORP	558	$700K	0.2%	$1445.91	—	7.25 percent CNV PFD L	060505682
TJX	TJMAXX COMPANIES INC NEW	2,422	$367K	0.1%	$132.28	—	COM	872540109
COST	COSTCO WHOLESALE	307	$287K	0.1%	$963.77	—	COM	22160K105
ET	ENERGY TRANSFER LP	175,014	$3.346M	0.9%	$6.96	—	COM UT LTD PTN	29273V100
AQN	ALGONQUIN POWER	56,328	$330K	0.1%	$5.65	—	COM	015857105
PPL	PPL CORP	8,050	$293K	0.1%	$35.43	—	COM	69351T106
AEP	AMERICAN ELEC PWR CO INC	2,525	$345K	0.1%	$108.19	—	COM	025537101
DUK	DUKE ENERGY CORP NEW	2,564	$325K	0.1%	$119.80	—	COM NEW	26441C204
KMI	KINDER MORGAN INC DEL	6,893	$220K	0.1%	$24.41	—	COM	49456B101
FLRN	SPDR BARCLAYS INVT GRADE	124,835	$3.851M	1.0%	$30.61	—	BLOOMBERG BRC INV	78468R200
AMGN	AMGEN INC	700	$253K	0.1%	$315.95	—	COM	031162100
META	META PLATFORMS INC	357	$201K	0.1%	$655.57	—	CL A	30303M102
—	ENERGY TRANSFER LP	27,125	$311K	0.1%	$11.57	—	9.250 percent FXD PFD I	29273V704
JPST	JP MORGAN EXCHANGE TRADED FD	4,800	$243K	0.1%	$50.74	—	ULTRA SHRT INC	46641Q837
VUSB	VANGUARD BD FD	5,700	$284K	0.1%	$49.86	—	VANGUARD ULTRA	92203C303