Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Bancorp Inc	163,340	$5.333M	4.9%	$8.64	—	COM	05969a105
—	NVR Inc	558	$3.544M	3.3%	$4083.46	—	COM	62944t105
CVX	Chevron Corp	20,063	$3.157M	2.9%	$75.47	+89.8%	COM	166764100
FXAIX	Fidelity Tr 500 Index Ins Prem	17,290	$2.68M	2.5%	$119.69	—	MF	315911750
—	Merck & Co Inc	20,933	$2.415M	2.2%	$81.41	—	COM	58933y105
LEN	Lennar Corp Cl A	18,388	$2.304M	2.1%	$33.61	+212.9%	COM	526057104
MGM	MGM Resorts International	51,475	$2.261M	2.1%	$35.15	+21.5%	COM	552953101
GE	General Electric Co Com New	20,244	$2.224M	2.1%	$60.44	+32.1%	COM	369604301
—	AbbVie Inc	16,292	$2.195M	2.0%	$87.57	—	COM	00287y109
—	ConocoPhillips	19,300	$2M	1.8%	$53.12	—	COM	20825c104
—	3M Co	19,590	$1.961M	1.8%	$119.36	—	COM	88579y101
BMY	Bristol-Myers Squibb Co	30,396	$1.944M	1.8%	$40.94	+44.0%	COM	110122108
LLY	Lilly Eli & Co	4,121	$1.933M	1.8%	$54.19	+659.4%	COM	532457108
—	Triumph Financial Inc	30,765	$1.868M	1.7%	$69.74	—	COM	89679e300
—	Diamondback Energy Inc	14,161	$1.86M	1.7%	$31.25	—	COM	25278x109
—	Physicians Realty Trust	128,122	$1.792M	1.7%	$17.18	—	RE	71943u104
—	Pioneer Natural Resources Co	8,359	$1.732M	1.6%	$145.33	—	COM	723787107
—	Organon & Co Common Stock	82,912	$1.725M	1.6%	$27.54	—	COM	68622v106
CTRA	Coterra Energy Inc	66,480	$1.682M	1.6%	$16.87	+35.2%	COM	127097103
—	Cambridge Bancorp	30,721	$1.668M	1.5%	$51.90	—	COM	132152109
—	Viatris Inc	166,896	$1.666M	1.5%	$12.08	—	COM	92556v106
GILD	Gilead Sciences Inc	21,468	$1.655M	1.5%	$53.23	+36.4%	COM	375558103
—	EOG Resources Inc	14,391	$1.647M	1.5%	$44.98	—	COM	26875p101
BRK/B	Berkshire Hathaway Inc Cl B	4,819	$1.643M	1.5%	$142.88	+128.4%	COM	084670702
PFE	Pfizer Inc	44,614	$1.636M	1.5%	$22.11	+50.2%	COM	717081103
—	Price T Rowe Group Inc	14,385	$1.611M	1.5%	$111.24	—	COM	74144t108
GT	Goodyear Tire & Rubber Co	116,299	$1.591M	1.5%	$13.61	-8.3%	COM	382550101
—	Iron Mountain Inc	26,902	$1.529M	1.4%	$29.24	—	RE	46284v101
C	Citigroup Inc	31,245	$1.439M	1.3%	$44.08	-3.0%	COM	172967424
—	Exxon Mobil Corp	13,245	$1.421M	1.3%	$34.35	—	COM	30231g102
—	Onemain Holdings Inc	32,454	$1.418M	1.3%	$35.80	—	COM	68268w103
—	Davita Inc	13,892	$1.396M	1.3%	$97.35	—	COM	23918k108
AAPL	Apple Inc	7,034	$1.364M	1.3%	$81.61	+110.8%	COM	037833100
—	Raytheon Technologies Corp	13,689	$1.341M	1.2%	$79.13	—	COM	75513e101
—	Alphabet Inc Cap Stock Cl C	11,075	$1.34M	1.2%	$178.52	—	COM	02079k107
—	Banc Of California Inc	113,819	$1.318M	1.2%	$10.82	—	COM	05990k106
TAK	Takeda Pharmaceutical Co Ltd S	80,799	$1.269M	1.2%	$15.15	—	AD	874060205
BA	Boeing Co	5,852	$1.236M	1.1%	$188.88	+10.0%	COM	097023105
LMT	Lockheed Martin Corp	2,569	$1.183M	1.1%	$326.30	+32.2%	COM	539830109
—	Westrock Co	40,128	$1.167M	1.1%	$34.07	—	COM	96145d105
—	Pathward Financial Inc	23,825	$1.105M	1.0%	$24.69	—	COM	59100u108
—	Draftkings Inc Cl A	41,099	$1.092M	1.0%	$12.60	—	COM	26142v105
GIS	General Mills Inc	14,063	$1.079M	1.0%	$37.02	+109.3%	COM	370334104
DE	Deere & Co	2,515	$1.019M	0.9%	$69.38	+430.2%	COM	244199105
—	Kinder Morgan Inc	57,985	$999K	0.9%	$15.73	—	COM	49456b101
BF/B	Brown Forman Corp Cl B	14,920	$996K	0.9%	$38.71	+56.0%	COM	115637209
DIS	Disney Walt Co Disney	11,146	$995K	0.9%	$97.54	-5.1%	COM	254687106
—	JPMorgan Chase & Co	6,808	$990K	0.9%	$96.25	—	COM	46625h100
JNJ	Johnson & Johnson	5,573	$922K	0.9%	$91.92	+62.0%	COM	478160104
CF	CF Industries Holdings Inc	13,057	$906K	0.8%	$23.79	+175.5%	COM	125269100
WY	Weyerhaeuser Co	25,787	$864K	0.8%	$19.66	+41.6%	RE	962166104
WAL	Western Alliance Bancorp	23,540	$859K	0.8%	$20.53	+58.4%	COM	957638109
—	GE Healthcare Technologies Inc	10,443	$848K	0.8%	$81.85	—	COM	36266g107
—	Cisco Systems Inc	16,191	$838K	0.8%	$40.06	—	COM	17275r102
—	Apellis Pharmaceuticals Inc	8,904	$811K	0.7%	$65.96	—	COM	03753u106
HON	Honeywell Intl Inc	3,575	$742K	0.7%	$67.24	+161.1%	COM	438516106
BF/A	Brown Forman Corp Cl A	10,614	$722K	0.7%	$40.58	+51.5%	COM	115637100
BAC	Bank America Corp	25,170	$722K	0.7%	$18.18	+46.4%	COM	060505104
PEP	PepsiCo Inc	3,895	$721K	0.7%	$74.61	+128.6%	COM	713448108
—	Oracle Corp	5,983	$713K	0.7%	$70.13	—	COM	68389x105
—	Chubb Limited	3,629	$699K	0.6%	$116.11	—	COM	h1467j104
—	Blackstone Group Inc Cl A	7,454	$693K	0.6%	$52.24	—	COM	09260d107
CAT	Caterpillar Inc	2,500	$615K	0.6%	$83.48	+156.1%	COM	149123101
ABT	Abbott Laboratories	5,560	$606K	0.6%	$35.86	+183.0%	COM	002824100
GD	General Dynamics Corp	2,693	$579K	0.5%	$148.98	+37.3%	COM	369550108
CL	Colgate Palmolive Co	7,285	$561K	0.5%	$53.90	+35.3%	COM	194162103
—	SM Energy Co	17,670	$559K	0.5%	$1.59	—	COM	78454l100
—	Enbridge Inc	15,036	$559K	0.5%	$30.05	—	COM	29250n105
—	Banner Corp	12,772	$558K	0.5%	$32.28	—	COM	06652v208
MS	Morgan Stanley	6,051	$517K	0.5%	$66.83	+17.3%	COM	617446448
EPD	Enterprise Products Partners L	19,555	$515K	0.5%	$32.63	—	ML	293792107
HD	Home Depot Inc	1,652	$513K	0.5%	$103.84	+166.2%	COM	437076102
HSY	Hershey Co	1,850	$462K	0.4%	$70.60	+244.8%	COM	427866108
PAA	Plains All American Pipeline L	32,735	$462K	0.4%	$19.21	—	ML	726503105
—	General Motors Co	11,427	$441K	0.4%	$29.60	—	COM	37045v100
AXP	American Express Co	2,478	$432K	0.4%	$81.13	+92.5%	COM	025816109
—	PacWest Bancorp Del	50,711	$413K	0.4%	$23.78	—	COM	695263103
—	Pinnacle Financial Partners In	6,645	$376K	0.3%	$56.65	—	COM	72346q104
—	Visa Inc Cl A	1,575	$374K	0.3%	$200.00	—	COM	92826c839
—	Veritex Holdings Inc	20,192	$362K	0.3%	$17.93	—	COM	923451108
WFC	Wells Fargo & Co	8,293	$354K	0.3%	$35.97	+4.7%	COM	949746101
KO	Coca-Cola Co	5,347	$322K	0.3%	$30.24	+89.7%	COM	191216100
—	Select Med Holdings Corp	9,915	$316K	0.3%	$26.81	—	COM	81619q105
VMC	Vulcan Materials Co	1,370	$309K	0.3%	$158.20	+18.8%	COM	929160109
VFC	VF Corp	15,620	$298K	0.3%	$24.08	-14.9%	COM	918204108
—	Eagle Bulk Shipping Inc Com	6,145	$295K	0.3%	$19.04	—	COM	y2187a150
—	Magellan Midstream Partners LP	4,625	$288K	0.3%	$49.02	—	ML	559080106
PG	Procter And Gamble Co	1,805	$274K	0.3%	$83.16	+69.9%	COM	742718109
—	Star Bulk Carriers Corp Par	14,245	$252K	0.2%	$7.01	—	COM	y8162k204
—	Tesla Inc	944	$247K	0.2%	$261.77	—	COM	88160r101
UNP	Union Pacific Corp	1,175	$240K	0.2%	$141.44	+32.2%	COM	907818108
DHR	Danaher Corp	998	$240K	0.2%	$140.03	+49.1%	COM	235851102
ITW	Illinois Tool Works Inc	936	$234K	0.2%	$197.50	+11.2%	COM	452308109
—	Total SA Sp ADS	3,848	$222K	0.2%	$61.92	—	AD	89151e109
—	Central Securities Corp	6,000	$219K	0.2%	$22.98	—	COM	155123102
—	Synovus Financial Corp	6,900	$209K	0.2%	$30.25	—	COM	87161c501
MSFT	Microsoft Corp	607	$207K	0.2%	$307.21	0.0%	COM	594918104
—	Adobe Inc	420	$205K	0.2%	$488.99	—	COM	00724f101
CINF	Cincinnati Financial Corp	2,070	$201K	0.2%	$45.56	+111.7%	COM	172062101
—	Eterna Therapeutics Inc	21,601	$48,818	0.0%	$2.97	—	COM	114082209
—	W&T Offshore Inc	12,600	$48,762	0.0%	$3.62	—	COM	92922p106
FACO	First Acceptance Corp	32,000	$27,600	0.0%	$0.74	+27.1%	COM	318457108