Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC	3,749	$2.178M	2.3%	$580.91	—	COM	007903107
LLY	ELI LILLY & CO	540	$648K	0.7%	$1199.43	—	COM	532457108
PANW	PALO ALTO NETWORKS INC	1,323	$451K	0.5%	$341.02	—	COM	697435105
GLD	SPDR GOLD TR	862	$316K	0.3%	$366.90	—	GOLD SHS	78463V107
PG	PROCTER & GAMBLE CO	1,881	$276K	0.3%	$146.64	—	COM	742718109
SPY	STATE STR SPDR S&P 500 ETF T	290	$217K	0.2%	$746.77	—	TR UNIT	78462F103
WSE	WISE GROUP PLC	10,650	$128K	0.1%	$12.00	—	ORD SHS CLASS A	G9723Y105

Increased Positions (20)

MDLN MEDLINE INC 4.0%

Value $3.743M (+343.2%) Shares 94,900 (+400.1%) Est. Cost $40.52 Unrealized —

AMZN AMAZON COM INC 12.0%

Value $11.23M (+19.9%) Shares 47,130 (+4.8%) Est. Cost $128.12 Unrealized —

GOOGL ALPHABET INC 5.2%

Value $4.856M (+48.4%) Shares 13,589 (+19.4%) Est. Cost $144.97 Unrealized —

MA MASTERCARD INCORPORATED 5.5%

Value $5.149M (+37.4%) Shares 10,025 (+33.7%) Est. Cost $381.78 Unrealized —

AVGO BROADCOM INC 2.4%

Value $2.249M (+63.0%) Shares 5,953 (+33.5%) Est. Cost $355.26 Unrealized —

V VISA INC 2.8%

Value $2.578M (+49.1%) Shares 7,514 (+31.3%) Est. Cost $225.35 Unrealized —

WFC WELLS FARGO & CO 2.5%

Value $2.301M (+41.9%) Shares 27,848 (+36.7%) Est. Cost $52.11 Unrealized —

MSFT MICROSOFT CORP 8.9%

Value $8.262M (+7.4%) Shares 22,238 (+6.6%) Est. Cost $369.67 Unrealized —

NVDA NVIDIA CORPORATION 3.0%

Value $2.818M (+21.0%) Shares 14,084 (+5.5%) Est. Cost $115.42 Unrealized —

ABBV ABBVIE INC 2.5%

Value $2.303M (+23.1%) Shares 9,150 (+6.4%) Est. Cost $210.25 Unrealized —

LIN LINDE PLC 1.6%

Value $1.518M (+31.9%) Shares 2,926 (+26.0%) Est. Cost $472.17 Unrealized —

PM PHILIP MORRIS INTL INC 2.3%

Value $2.175M (+19.9%) Shares 12,021 (+9.6%) Est. Cost $168.14 Unrealized —

AAPL APPLE INC 2.3%

Value $2.142M (+15.2%) Shares 7,404 (+1.1%) Est. Cost $236.77 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.7%

Value $681K (-27.9%) Shares 15,957 (+6.0%) Est. Cost $83.38 Unrealized —

META META PLATFORMS INC 2.2%

Value $2.028M (+7.3%) Shares 3,601 (+9.0%) Est. Cost $189.27 Unrealized —

CRM SALESFORCE INC 1.1%

Value $1.008M (-8.6%) Shares 6,435 (+9.0%) Est. Cost $230.95 Unrealized —

VGT VANGUARD WORLD FD 0.3%

Value $310K (+37.0%) Shares 2,592 (+700.0%) Est. Cost $143.51 Unrealized —

ORLY OREILLY AUTOMOTIVE INC 1.7%

Value $1.594M (+5.5%) Shares 17,314 (+5.8%) Est. Cost $91.55 Unrealized —

SYK STRYKER CORPORATION 1.4%

Value $1.299M (+4.3%) Shares 4,125 (+8.8%) Est. Cost $370.78 Unrealized —

TTE TOTALENERGIES SE 0.8%

Value $782K (+6.7%) Shares 10,048 (+27.8%) Est. Cost $72.89 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MDLN	MEDLINE INC	94,900 (+400.1%)	$3.743M (+343.2%)	4.0%	$40.52	—	COM CL A	58507V107
AMZN	AMAZON COM INC	47,130 (+4.8%)	$11.23M (+19.9%)	12.0%	$128.12	—	COM	023135106
GOOGL	ALPHABET INC	13,589 (+19.4%)	$4.856M (+48.4%)	5.2%	$144.97	—	CAP STK CL A	02079K305
MA	MASTERCARD INCORPORATED	10,025 (+33.7%)	$5.149M (+37.4%)	5.5%	$381.78	—	CL A	57636Q104
AVGO	BROADCOM INC	5,953 (+33.5%)	$2.249M (+63.0%)	2.4%	$355.26	—	COM	11135F101
V	VISA INC	7,514 (+31.3%)	$2.578M (+49.1%)	2.8%	$225.35	—	COM CL A	92826C839
WFC	WELLS FARGO & CO	27,848 (+36.7%)	$2.301M (+41.9%)	2.5%	$52.11	—	COM	949746101
MSFT	MICROSOFT CORP	22,238 (+6.6%)	$8.262M (+7.4%)	8.9%	$369.67	—	COM	594918104
NVDA	NVIDIA CORPORATION	14,084 (+5.5%)	$2.818M (+21.0%)	3.0%	$115.42	—	COM	67066G104
ABBV	ABBVIE INC	9,150 (+6.4%)	$2.303M (+23.1%)	2.5%	$210.25	—	COM	00287Y109
LIN	LINDE PLC	2,926 (+26.0%)	$1.518M (+31.9%)	1.6%	$472.17	—	SHS	G54950103
PM	PHILIP MORRIS INTL INC	12,021 (+9.6%)	$2.175M (+19.9%)	2.3%	$168.14	—	COM	718172109
AAPL	APPLE INC	7,404 (+1.1%)	$2.142M (+15.2%)	2.3%	$236.77	—	COM	037833100
BSX	BOSTON SCIENTIFIC CORP	15,957 (+6.0%)	$681K (-27.9%)	0.7%	$83.38	—	COM	101137107
META	META PLATFORMS INC	3,601 (+9.0%)	$2.028M (+7.3%)	2.2%	$189.27	—	CL A	30303M102
CRM	SALESFORCE INC	6,435 (+9.0%)	$1.008M (-8.6%)	1.1%	$230.95	—	COM	79466L302
VGT	VANGUARD WORLD FD	2,592 (+700.0%)	$310K (+37.0%)	0.3%	$143.51	—	INF TECH ETF	92204A702
ORLY	OREILLY AUTOMOTIVE INC	17,314 (+5.8%)	$1.594M (+5.5%)	1.7%	$91.55	—	COM	67103H107
SYK	STRYKER CORPORATION	4,125 (+8.8%)	$1.299M (+4.3%)	1.4%	$370.78	—	COM	863667101
TTE	TOTALENERGIES SE	10,048 (+27.8%)	$782K (+6.7%)	0.8%	$72.89	—	ACT	F92124100

Exited Positions (2)

MRSH MARSH & MCLENNAN COS INC 1.7%

Value $1.57M Shares 9,054 Est. Cost $214.98 Unrealized —

ROL ROLLINS INC 0.2%

Value $200K Shares 3,750 Est. Cost $33.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MRSH	MARSH & MCLENNAN COS INC	9,054	$1.57M	1.7%	$214.98	—	—	571748102
ROL	ROLLINS INC	3,750	$200K	0.2%	$33.19	—	—	775711104

Decreased Positions (3)

ETN EATON CORP PLC 2.3%

Value $2.129M (+15.5%) Shares 4,996 (-3.1%) Est. Cost $338.19 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.0%

Value $1.876M (+15.5%) Shares 3,928 (-18.3%) Est. Cost $117.18 Unrealized —

GOOG ALPHABET INC 7.0%

Value $6.519M (+2.4%) Shares 18,450 (-16.9%) Est. Cost $110.60 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ETN	EATON CORP PLC	4,996 (-3.1%)	$2.129M (+15.5%)	2.3%	$338.19	—	SHS	G29183103
TSM	TAIWAN SEMICONDUCTOR MANUFAC	3,928 (-18.3%)	$1.876M (+15.5%)	2.0%	$117.18	—	SPONSORED ADS	874039100
GOOG	ALPHABET INC	18,450 (-16.9%)	$6.519M (+2.4%)	7.0%	$110.60	—	CAP STK CL C	02079K107

Unchanged Positions (8)

TXN TEXAS INSTRS INC 5.8%

Value $5.365M Shares 18,000 Est. Cost $152.43 Unrealized —

ZTS ZOETIS INC 1.7%

Value $1.617M Shares 22,500 Est. Cost $183.26 Unrealized —

OC OWENS CORNING NEW 2.0%

Value $1.902M Shares 11,963 Est. Cost $143.31 Unrealized —

MCD MCDONALDS CORP 3.3%

Value $3.082M Shares 11,400 Est. Cost $172.79 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.1%

Value $1.007M Shares 2,423 Est. Cost $257.04 Unrealized —

WM WASTE MGMT INC DEL 3.8%

Value $3.544M Shares 15,900 Est. Cost $191.03 Unrealized —

MSCI MSCI INC 2.9%

Value $2.702M Shares 4,825 Est. Cost $561.21 Unrealized —

UBS UBS GROUP AG 0.3%

Value $286K Shares 5,758 Est. Cost $38.84 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TXN	TEXAS INSTRS INC	18,000	$5.365M	5.8%	$152.43	—	COM	882508104
ZTS	ZOETIS INC	22,500	$1.617M	1.7%	$183.26	—	CL A	98978V103
OC	OWENS CORNING NEW	11,963	$1.902M	2.0%	$143.31	—	COM	690742101
MCD	MCDONALDS CORP	11,400	$3.082M	3.3%	$172.79	—	COM	580135101
UNH	UNITEDHEALTH GROUP INC	2,423	$1.007M	1.1%	$257.04	—	COM	91324P102
WM	WASTE MGMT INC DEL	15,900	$3.544M	3.8%	$191.03	—	COM	94106L109
MSCI	MSCI INC	4,825	$2.702M	2.9%	$561.21	—	COM	55354G100
UBS	UBS GROUP AG	5,758	$286K	0.3%	$38.84	—	SHS	H42097107