Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	22,861	$9.618M	9.0%	$51.56	+674.3%	—	594918104
—	RANGE RESOURCES CORP	131,590	$4.531M	4.2%	$19.62	—	—	75281a109
—	BANCO BILBAO VIZCAYA A SPONSOR	340,952	$4.037M	3.8%	$7.57	—	—	05946k101
—	PETROLEO BRASILEIRO SPONSORED	253,913	$3.862M	3.6%	$8.73	—	—	71654v408
CX	CEMEX SAB DE CV SPONSORED ADR	400,951	$3.613M	3.4%	$5.53	—	—	151290889
—	INTERNATIONAL SEAWAYS INC	64,801	$3.447M	3.2%	$14.91	—	—	y41053102
INTC	INTEL CORP	76,751	$3.39M	3.2%	$35.48	+24.1%	—	458140100
—	M & T BANK CORP	22,853	$3.324M	3.1%	$161.94	—	—	55261f104
—	BUNGE GLOBAL SA F	31,626	$3.242M	3.0%	$58.79	—	—	g16962105
PAAS	PAN AMERICAN SILVER CORP	208,800	$3.149M	2.9%	$14.39	-4.1%	—	697900108
AU	ANGLOGOLD ASHANTI PLC F	136,068	$3.021M	2.8%	$17.36	+1.2%	—	G0378L100
—	ISHARES SILVER TRUST ETF	132,042	$3.004M	2.8%	$14.63	—	—	46428q109
TPC	TUTOR PERINI CORP	204,919	$2.963M	2.8%	$10.74	-4.9%	—	901109108
NEM	NEWMONT CORP	82,612	$2.961M	2.8%	$25.69	+29.0%	—	651639106
—	NUTRIEN LTD	52,795	$2.867M	2.7%	$48.63	—	—	67077m108
AMGN	AMGEN INC.	8,490	$2.414M	2.3%	$144.43	+91.2%	—	031162100
HL	HECLA MINING CO	495,014	$2.381M	2.2%	$3.44	+15.1%	—	422704106
BKH	BLACK HILLS CORP	43,063	$2.351M	2.2%	$47.73	0.0%	—	092113109
—	TELEFONICA BRASIL S. F SPONSOR	230,568	$2.322M	2.2%	$8.79	—	—	87936r205
—	LAZARD INC	54,855	$2.297M	2.1%	$45.33	—	—	g54050102
—	BANCOLOMBIA S.A. FSPONSORED AD	64,784	$2.217M	2.1%	$34.22	—	—	05968L102
FLR	FLUOR CORP	50,950	$2.154M	2.0%	$38.73	-0.9%	—	343412102
—	ENEL CHILE S A SPONSORED ADR	694,148	$2.117M	2.0%	$2.89	—	—	29278d105
—	PROSHARES SHORT S&P500	173,315	$2.056M	1.9%	$22.04	—	—	74347b425
—	DRILL-QUIP INC	87,850	$1.979M	1.9%	$23.28	—	—	262037104
—	DIANA SHIPPING INC	677,455	$1.958M	1.8%	$2.65	—	—	y2066g104
—	PROSHARES SHORT QQQ ETF	204,069	$1.788M	1.7%	$13.27	—	—	74347b714
—	DOLE PLC	135,746	$1.619M	1.5%	$13.07	—	—	g27907107
SWBI	SMITH & WESSON BRANDS INC	87,583	$1.52M	1.4%	$13.16	+9.6%	—	831754106
NOK	NOKIA CORP SPONSORED ADR	412,462	$1.46M	1.4%	$4.88	—	—	654902204
AA	ALCOA CORP	40,609	$1.372M	1.3%	$23.61	+21.1%	—	013872106
HTLD	HEARTLAND EXPRESS	113,694	$1.358M	1.3%	$17.34	-26.7%	—	422347104
—	RADIUS RECYCLING INC CLASS A	62,506	$1.321M	1.2%	$30.16	—	—	806882106
AAPL	APPLE INC	6,849	$1.174M	1.1%	$103.72	+73.8%	—	037833100
MCD	MCDONALDS CORP	3,188	$899K	0.8%	$136.64	+103.5%	—	580135101
—	MERCK & CO. INC.	5,100	$673K	0.6%	$54.79	—	—	58933y105
PEP	PEPSICO INC	3,727	$652K	0.6%	$89.25	+76.2%	—	713448108
—	1/100 BERKSHIRE HTWY CLA 100 S	100	$634K	0.6%	$4700.00	—	—	084990175
PG	PROCTER & GAMBLE	3,685	$598K	0.6%	$67.87	+120.8%	—	742718109
JNJ	JOHNSON & JOHNSON	3,581	$567K	0.5%	$113.37	+32.5%	—	478160104
—	UNITEDHEALTH GRP INC	1,025	$507K	0.5%	$220.46	—	—	91324p102
—	ABBVIE INC	2,599	$473K	0.4%	$101.45	—	—	00287y109
SCHX	SCHWAB US LARGE CAP ETF	7,192	$446K	0.4%	$67.21	—	—	808524201
AMZN	AMAZON.COM INC	2,340	$422K	0.4%	$124.05	+34.6%	—	023135106
SYY	SYSCO CORP	4,781	$388K	0.4%	$49.25	+51.5%	—	871829107
CVX	CHEVRON CORP	2,458	$388K	0.4%	$80.94	+71.8%	—	166764100
BKUTK	BANK OF UTICA N Y	1,000	$380K	0.4%	$267.19	+25.8%	—	065437204
—	ORACLE CORP	2,736	$344K	0.3%	$81.87	—	—	68389x105
—	EXXON MOBIL CORP	2,860	$332K	0.3%	$59.54	—	—	30231g102
—	SPDR GOLD SHARES ETF	1,600	$329K	0.3%	$118.23	—	—	78463v107
CVS	CVS HEALTH CORP	4,125	$329K	0.3%	$54.56	+29.8%	—	126650100
—	VANGUARD INFORMATION TECHNOLOG	619	$325K	0.3%	$422.31	—	—	92204a702
TMO	THERMO FISHER SCIENTIFIC INC	530	$308K	0.3%	$333.60	+67.2%	—	883556102
ABT	ABBOTT LABORATORIES	2,689	$306K	0.3%	$96.66	+14.6%	—	002824100
BRT	BRT APARTMENTS CORP	17,500	$294K	0.3%	$7.00	—	—	055645303
—	C3 AI INC CLASS A	10,234	$277K	0.3%	$32.88	—	—	12468p104
DIS	WALT DISNEY CO	2,231	$273K	0.3%	$86.20	+18.8%	—	254687106
—	TOTALENERGIES SE	3,938	$271K	0.3%	$49.67	—	—	89151e109
TSCO	TRACTOR SUPPLY COMP	1,000	$262K	0.2%	$40.21	+15.2%	—	892356106
—	NVIDIA CORP	289	$262K	0.2%	$906.57	—	—	67066g104
—	SPDR S&P MIDCAP 400 ETF IV	470	$262K	0.2%	$442.55	—	—	78467y107
—	AMERISERV FINANCIAL INC	100,000	$260K	0.2%	$4.15	—	—	03074a102
BA	BOEING CO	1,344	$259K	0.2%	$163.57	+25.6%	—	097023105
SCHF	SCHWAB INTERNATIONAL EQUITY ET	5,973	$233K	0.2%	$37.02	—	—	808524805
KO	THE COCA-COLA CO	3,737	$229K	0.2%	$49.18	+15.3%	—	191216100
—	COSTCO WHOLESALE CO	310	$227K	0.2%	$732.26	—	—	22160k105
—	WALGREENS BOOTS ALLIANCE INC	10,189	$221K	0.2%	$65.46	—	—	931427108
—	JPMORGAN CHASE & CO	1,061	$213K	0.2%	$200.75	—	—	46625h100
IAU	ISHARES GOLD TRUST	5,025	$211K	0.2%	$41.99	—	—	464285204
VUG	VANGUARD GROWTH ETF	609	$210K	0.2%	$344.83	—	—	922908736
IBM	IBM CORP	1,095	$209K	0.2%	$172.56	0.0%	—	459200101
—	CISCO SYSTEMS INC	4,087	$204K	0.2%	$52.36	—	—	17275r102
BRK/B	BERKSHIRE HATHAWAY INC CL B	480	$202K	0.2%	$393.34	0.0%	—	084670702
—	SOUTHWESTERN ENERGY	14,790	$112K	0.1%	$1.69	—	—	845467109