Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Bancorp Inc	156,521	$8.271M	6.2%	$9.29	—	COM	05969a105
—	NVR Inc	510	$3.695M	2.8%	$4083.46	—	COM	62944t105
—	Exxon Mobil Corp	29,265	$3.48M	2.6%	$82.83	—	COM	30231g102
BMY	Bristol-Myers Squibb Co	55,622	$3.392M	2.6%	$42.59	+30.3%	COM	110122108
GE	Ge Aerospace	16,315	$3.265M	2.5%	$60.44	+223.8%	COM	369604301
CVX	Chevron Corp	19,022	$3.182M	2.4%	$81.84	+83.9%	COM	166764100
—	3M Co	20,025	$2.941M	2.2%	$111.76	—	COM	88579y101
—	AbbVie Inc	14,020	$2.937M	2.2%	$88.99	—	COM	00287y109
BRK/B	Berkshire Hathaway Inc Cl B	5,076	$2.703M	2.0%	$191.30	+154.1%	COM	084670702
COLB	Columbia Banking Systems Inc	108,027	$2.694M	2.0%	$18.47	+37.1%	COM	197236102
LLY	Lilly Eli & Co	3,147	$2.599M	2.0%	$147.86	+459.1%	COM	532457108
—	Triumph Financial Inc	42,111	$2.434M	1.8%	$70.37	—	COM	89679e300
—	Veritex Holdings Inc	95,465	$2.384M	1.8%	$19.24	—	COM	923451108
—	Rtx Corporation Com	17,313	$2.293M	1.7%	$77.44	—	COM	75513e101
C	Citigroup Inc	30,865	$2.191M	1.7%	$43.36	+71.9%	COM	172967424
—	Alpha Architect 1-3 Month Box	18,683	$2.083M	1.6%	$109.55	—	ETF	02072l565
—	Iron Mountain Inc	23,712	$2.04M	1.5%	$29.24	—	RE	46284v101
FXAIX	Fidelity Tr 500 Index Ins Prem	10,322	$2.018M	1.5%	$127.36	—	MF	315911750
—	Merck & Co Inc	22,268	$1.999M	1.5%	$84.53	—	COM	58933y105
LEN	Lennar Corp Cl A	17,116	$1.965M	1.5%	$33.61	+266.3%	COM	526057104
—	Customers Bancorp Inc	38,824	$1.949M	1.5%	$47.71	—	COM	23204g100
MOFG	MidWestOne Financial Group Inc	65,788	$1.948M	1.5%	$22.44	+34.5%	COM	598511103
—	Alerus Financial Corp	100,985	$1.864M	1.4%	$20.05	—	COM	01446u103
CTRA	Coterra Energy Inc	63,883	$1.846M	1.4%	$16.96	+59.2%	COM	127097103
—	Banc Of California Inc	126,356	$1.793M	1.4%	$11.27	—	COM	05990k106
—	Diamondback Energy Inc	11,041	$1.765M	1.3%	$31.25	—	COM	25278x109
PFE	Pfizer Inc	67,627	$1.714M	1.3%	$24.32	+1.6%	COM	717081103
—	JPMorgan Chase & Co	6,970	$1.71M	1.3%	$127.20	—	COM	46625h100
VFC	VF Corp	108,342	$1.681M	1.3%	$16.41	+35.0%	COM	918204108
WAL	Western Alliance Bancorp	21,695	$1.667M	1.3%	$20.53	+300.6%	COM	957638109
—	Alphabet Inc Cap Stock Cl C	10,651	$1.664M	1.3%	$178.52	—	COM	02079k107
GT	Goodyear Tire & Rubber Co	176,948	$1.635M	1.2%	$9.14	+0.0%	COM	382550101
AAPL	Apple Inc	7,310	$1.624M	1.2%	$93.17	+147.7%	COM	037833100
—	Pathward Financial Inc	21,970	$1.603M	1.2%	$24.69	—	COM	59100u108
—	Onemain Holdings Inc	32,539	$1.591M	1.2%	$35.92	—	COM	68268w103
—	EOG Resources Inc	12,166	$1.56M	1.2%	$44.98	—	COM	26875p101
—	Kinder Morgan Inc	54,065	$1.542M	1.2%	$15.73	—	COM	49456b101
—	Davita Inc	10,016	$1.532M	1.2%	$98.53	—	COM	23918k108
MCB	Metropolitan Bank Holding Corp	24,121	$1.351M	1.0%	$51.13	+15.4%	COM	591774104
BWB	Bridgewater Bancshares Inc Acc	96,210	$1.336M	1.0%	$11.63	+19.8%	COM	108621103
—	GE Healthcare Technologies Inc	16,347	$1.319M	1.0%	$76.88	—	COM	36266g107
MGM	MGM Resorts International	43,638	$1.293M	1.0%	$35.33	-4.9%	COM	552953101
LKFN	Lakeland Financial Corp	21,610	$1.284M	1.0%	$59.44	+6.4%	COM	511656100
LMT	Lockheed Martin Corp	2,860	$1.278M	1.0%	$338.73	+32.3%	COM	539830109
SYBT	Stock Yds Bancorp Inc	17,984	$1.242M	0.9%	$49.22	+46.0%	COM	861025104
DE	Deere & Co	2,340	$1.098M	0.8%	$69.38	+565.2%	COM	244199105
BAC	Bank America Corp	25,950	$1.083M	0.8%	$19.49	+123.9%	COM	060505104
—	QCR Holdings Inc	15,155	$1.081M	0.8%	$51.95	—	COM	74727a104
—	Chubb Limited	3,565	$1.077M	0.8%	$153.11	—	COM	h1467j104
CF	CF Industries Holdings Inc	13,534	$1.058M	0.8%	$39.01	+110.6%	COM	125269100
—	Organon & Co Common Stock	70,076	$1.043M	0.8%	$15.77	—	COM	68622v106
—	Draftkings Inc Cl A	30,399	$1.01M	0.8%	$12.60	—	COM	26142v105
—	Blackstone Group Inc Cl A	7,219	$1.009M	0.8%	$52.24	—	COM	09260d107
—	Pinnacle Financial Partners In	9,215	$977K	0.7%	$63.57	—	COM	72346q104
—	Equity Bancshares Inc Cl A	23,255	$916K	0.7%	$37.24	—	COM	29460x109
CAT	Caterpillar Inc	2,500	$825K	0.6%	$83.48	+321.6%	COM	149123101
—	Oracle Corp	5,878	$822K	0.6%	$70.13	—	COM	68389x105
GD	General Dynamics Corp	2,979	$812K	0.6%	$161.26	+58.6%	COM	369550108
—	Banner Corp	12,472	$795K	0.6%	$33.03	—	COM	06652v208
—	First Western Financial Inc	40,070	$787K	0.6%	$19.74	—	COM	33751l105
—	Enbridge Inc	17,701	$784K	0.6%	$30.87	—	COM	29250n105
AXP	American Express Co	2,559	$688K	0.5%	$117.05	+149.9%	COM	025816109
—	Eastern Bankshares Inc	41,806	$686K	0.5%	$16.39	—	COM	27627n105
MS	Morgan Stanley	5,795	$676K	0.5%	$67.29	+87.1%	COM	617446448
EPD	Enterprise Products Partners L	19,730	$674K	0.5%	$32.63	—	ML	293792107
CL	Colgate Palmolive Co	7,130	$668K	0.5%	$58.37	+50.5%	COM	194162103
MVBF	MVB Financial Corp	38,175	$661K	0.5%	$19.40	-5.7%	COM	553810102
GIS	General Mills Inc	10,883	$651K	0.5%	$42.33	+36.9%	COM	370334104
JNJ	Johnson & Johnson	3,865	$641K	0.5%	$102.54	+48.7%	COM	478160104
PAA	Plains All American Pipeline L	31,160	$623K	0.5%	$19.21	—	ML	726503105
—	GE Vernova Inc	2,038	$622K	0.5%	$171.51	—	COM	36828a101
HD	Home Depot Inc	1,662	$609K	0.5%	$157.22	+142.1%	COM	437076102
DIS	Disney Walt Co Disney	5,972	$589K	0.4%	$97.03	+9.5%	COM	254687106
PEP	PepsiCo Inc	3,912	$587K	0.4%	$89.41	+60.5%	COM	713448108
WFC	Wells Fargo & Co	8,143	$585K	0.4%	$38.27	+92.6%	COM	949746101
MSFT	Microsoft Corp	1,538	$577K	0.4%	$328.22	+23.4%	COM	594918104
BA	Boeing Co	3,316	$566K	0.4%	$185.09	-6.5%	COM	097023105
—	Visa Inc Cl A	1,587	$556K	0.4%	$200.00	—	COM	92826c839
BF/B	Brown Forman Corp Cl B	15,269	$518K	0.4%	$39.93	-17.9%	COM	115637209
ABT	Abbott Laboratories	3,590	$476K	0.4%	$41.27	+204.1%	COM	002824100
—	SM Energy Co	15,625	$468K	0.4%	$1.59	—	COM	78454l100
—	ConocoPhillips	4,329	$455K	0.3%	$56.72	—	COM	20825c104
KO	Coca-Cola Co	5,399	$387K	0.3%	$34.98	+85.7%	COM	191216100
HON	Honeywell Intl Inc	1,695	$359K	0.3%	$70.79	+180.3%	COM	438516106
—	Star Bulk Carriers Corp Par	21,873	$340K	0.3%	$15.79	—	COM	y8162k204
BF/A	Brown Forman Corp Cl A	9,851	$330K	0.2%	$43.49	-25.0%	COM	115637100
VMC	Vulcan Materials Co	1,370	$320K	0.2%	$158.20	+59.4%	COM	929160109
HSY	Hershey Co	1,850	$316K	0.2%	$70.60	+125.6%	COM	427866108
PG	Procter And Gamble Co	1,827	$311K	0.2%	$105.42	+55.5%	COM	742718109
OKE	Oneok Inc	3,078	$305K	0.2%	$60.36	+57.3%	COM	682680103
—	Travelers Companies Inc	1,136	$300K	0.2%	$190.49	—	COM	89417e109
CINF	Cincinnati Financial Corp	1,985	$293K	0.2%	$50.01	+175.3%	COM	172062101
UNP	Union Pacific Corp	1,175	$278K	0.2%	$141.44	+66.6%	COM	907818108
—	Central Securities Corp	6,000	$270K	0.2%	$22.98	—	COM	155123102
AMZN	Amazon.com Inc	1,380	$263K	0.2%	$140.18	+54.8%	COM	023135106
ZION	Zions Bancorporation	5,250	$262K	0.2%	$36.12	+49.1%	COM	989701107
—	Total SA Sp ADS	3,898	$252K	0.2%	$61.82	—	AD	89151e109
ITW	Illinois Tool Works Inc	950	$236K	0.2%	$197.98	+26.6%	COM	452308109
MRP	Millrose Pptys Inc Com Cl A	8,731	$231K	0.2%	$26.51	—	RE	601137102
—	Synovus Financial Corp	4,925	$230K	0.2%	$31.27	—	COM	87161c501
—	Tesla Inc	841	$218K	0.2%	$261.63	—	COM	88160r101
—	Taylor Morrison Home Corp Cl A	3,500	$210K	0.2%	$70.26	—	COM	87724p106
BOH	Bank Hawaii Corp	3,015	$208K	0.2%	$68.69	-0.4%	COM	062540109
USB	US Bancorp Del	4,857	$205K	0.2%	$41.12	+7.5%	COM	902973304
—	Select Med Holdings Corp	10,644	$178K	0.1%	$29.14	—	COM	81619q105
—	IREN LIMITED	18,840	$115K	0.1%	$7.81	—	COM	q4982l109
—	Terawulf Inc	29,050	$79,306	0.1%	$4.54	—	COM	88080t104
—	Cipher Mining Inc	20,250	$46,575	0.0%	$3.82	—	COM	17253j106
—	ERNEXA THERAPEUTICS INC COM NE	80,000	$14,240	0.0%	$1.53	—	COM	114082209