Godshalk Welsh Capital Management, Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBDW	iShares iBonds Dec 2031 Term C	19,050	$403	0.2%	$21.15	—	ETF	46436E486
SOLS	Solstice Advanced Materials In	7,337	$356	0.2%	$47.08	0.0%	COM	83443Q103
IBMT	iShares iBonds Dec 2031 Term M	10,000	$260	0.1%	$25.95	—	ETF	46438G356
LLY	Lilly Eli & Co	225	$242	0.1%	$955.55	0.0%	COM	532457108
DHR	Danaher Corp	1,000	$229	0.1%	$219.54	0.0%	COM	235851102
ADI	Analog Devices Inc	800	$217	0.1%	$250.62	0.0%	COM	032654105
COF	Capital One Financial (DH)	885	$214	0.1%	$222.19	0.0%	COM	14040H105
EMR	Emerson Electric Co	1,400	$186	0.1%	$132.37	0.0%	COM	291011104

Increased Positions (30)

IBDU iShares iBonds Dec 2029 Term C 1.3%

Value ($000) $2,338 (+49.9%) Shares 99,900 (+50.3%) Est. Cost $23.34 Unrealized —

IBDT iShares iBonds Dec 2028 Term C 1.8%

Value ($000) $3,131 (+20.8%) Shares 123,000 (+21.1%) Est. Cost $25.30 Unrealized —

IBDV iShares iBonds Dec 2030 Term C 0.8%

Value ($000) $1,360 (+61.1%) Shares 61,600 (+61.7%) Est. Cost $22.09 Unrealized —

IBMS iShares iBonds Dec 2030 Term M 0.4%

Value ($000) $732 (+212.0%) Shares 28,100 (+212.2%) Est. Cost $26.07 Unrealized —

IBDS iShares iBonds Dec 2027 Term C 1.5%

Value ($000) $2,710 (+9.4%) Shares 111,625 (+9.7%) Est. Cost $24.10 Unrealized —

AOM iShares Core Moderate Allocati 0.6%

Value ($000) $1,040 (+22.7%) Shares 21,799 (+22.3%) Est. Cost $41.09 Unrealized —

IBMR iShares iBonds Dec 2029 Term M 0.5%

Value ($000) $796 (+31.0%) Shares 31,300 (+31.5%) Est. Cost $25.41 Unrealized —

IBDR iShares iBonds Dec 2026 Term C 1.2%

Value ($000) $2,044 (+9.0%) Shares 84,375 (+9.4%) Est. Cost $24.10 Unrealized —

IBMQ iShares iBonds Dec 2028 Term M 0.5%

Value ($000) $903 (+20.2%) Shares 35,300 (+20.5%) Est. Cost $25.42 Unrealized —

UBER Uber Technologies Inc 0.6%

Value ($000) $1,065 (-11.6%) Shares 13,035 (+6.0%) Est. Cost $44.64 Unrealized +101.7%

TSM Taiwan Semiconductor Mfg ADR 0.7%

Value ($000) $1,234 (+12.4%) Shares 4,060 (+3.3%) Est. Cost $152.19 Unrealized —

RSP Invesco S&P 500 Eq Wt 1.6%

Value ($000) $2,794 (+4.6%) Shares 14,588 (+3.6%) Est. Cost $121.63 Unrealized —

MUB iShares National Muni 0.7%

Value ($000) $1,312 (+9.3%) Shares 12,250 (+8.6%) Est. Cost $107.18 Unrealized —

IBMO iShares iBonds Dec 2026 Term M 0.5%

Value ($000) $833 (+13.9%) Shares 32,500 (+14.0%) Est. Cost $25.63 Unrealized —

IBMP iShares iBonds Dec 2027 Term M 0.5%

Value ($000) $922 (+12.0%) Shares 36,300 (+12.4%) Est. Cost $25.34 Unrealized —

FDVV Fidelity High Dividend 1.2%

Value ($000) $2,104 (+4.7%) Shares 37,109 (+2.9%) Est. Cost $44.00 Unrealized —

TCAF T Rowe Price Capital Apprec Eq 1.0%

Value ($000) $1,778 (+4.8%) Shares 46,525 (+3.3%) Est. Cost $31.40 Unrealized —

AMGN Amgen Inc 0.2%

Value ($000) $421 (+20.7%) Shares 1,285 (+4.0%) Est. Cost $271.06 Unrealized +16.6%

ABNB Airbnb Inc 0.2%

Value ($000) $306 (+22.7%) Shares 2,255 (+9.7%) Est. Cost $126.64 Unrealized -1.7%

MKL Markel Corp 0.2%

Value ($000) $264 (+23.5%) Shares 123 (+9.8%) Est. Cost $1894.91 Unrealized +6.9%

V Visa Inc 0.8%

Value ($000) $1,326 (+3.8%) Shares 3,780 (+1.1%) Est. Cost $66.39 Unrealized +412.7%

PEP Pepsico Inc 0.7%

Value ($000) $1,209 (+3.4%) Shares 8,425 (+1.2%) Est. Cost $82.81 Unrealized +76.2%

SUB iShares Short Term Nat Muni Bd 0.9%

Value ($000) $1,488 (+2.3%) Shares 13,950 (+2.4%) Est. Cost $105.06 Unrealized —

XOM Exxon Mobil Corp 0.2%

Value ($000) $310 (+8.8%) Shares 2,575 (+2.0%) Est. Cost $106.90 Unrealized +8.0%

HON Honeywell International Inc 0.3%

Value ($000) $577 (-1.8%) Shares 2,960 (+5.9%) Est. Cost $199.40 Unrealized -2.2%

CVX Chevron Corp 0.9%

Value ($000) $1,600 (-0.7%) Shares 10,500 (+1.2%) Est. Cost $72.93 Unrealized +107.6%

VNQ Vanguard REIT 0.4%

Value ($000) $715 (-1.4%) Shares 8,085 (+1.9%) Est. Cost $94.02 Unrealized —

BSV Vanguard Short Term Bond Index 0.1%

Value ($000) $257 (+3.4%) Shares 3,261 (+3.6%) Est. Cost $80.90 Unrealized —

BIV Vgd Int Term Bond Index Fund 0.2%

Value ($000) $271 (+2.9%) Shares 3,483 (+3.2%) Est. Cost $36.25 Unrealized —

CAVA Cava Group Inc 0.2%

Value ($000) $324 (-0.1%) Shares 5,525 (+2.8%) Est. Cost $53.66 Unrealized +3.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBDU	iShares iBonds Dec 2029 Term C	99,900 (+50.3%)	$2,338 (+49.9%)	1.3%	$23.34	—	ETF	46436E205
IBDT	iShares iBonds Dec 2028 Term C	123,000 (+21.1%)	$3,131 (+20.8%)	1.8%	$25.30	—	ETF	46435U515
IBDV	iShares iBonds Dec 2030 Term C	61,600 (+61.7%)	$1,360 (+61.1%)	0.8%	$22.09	—	ETF	46436E726
IBMS	iShares iBonds Dec 2030 Term M	28,100 (+212.2%)	$732 (+212.0%)	0.4%	$26.07	—	ETF	46438G687
IBDS	iShares iBonds Dec 2027 Term C	111,625 (+9.7%)	$2,710 (+9.4%)	1.5%	$24.10	—	ETF	46435UAA9
AOM	iShares Core Moderate Allocati	21,799 (+22.3%)	$1,040 (+22.7%)	0.6%	$41.09	—	ETF	464289875
IBMR	iShares iBonds Dec 2029 Term M	31,300 (+31.5%)	$796 (+31.0%)	0.5%	$25.41	—	ETF	46436E163
IBDR	iShares iBonds Dec 2026 Term C	84,375 (+9.4%)	$2,044 (+9.0%)	1.2%	$24.10	—	ETF	46435GAA0
IBMQ	iShares iBonds Dec 2028 Term M	35,300 (+20.5%)	$903 (+20.2%)	0.5%	$25.42	—	ETF	46435U325
UBER	Uber Technologies Inc	13,035 (+6.0%)	$1,065 (-11.6%)	0.6%	$44.64	+101.7%	COM	90353T100
TSM	Taiwan Semiconductor Mfg ADR	4,060 (+3.3%)	$1,234 (+12.4%)	0.7%	$152.19	—	ADR	874039100
RSP	Invesco S&P 500 Eq Wt	14,588 (+3.6%)	$2,794 (+4.6%)	1.6%	$121.63	—	ETF	46137V357
MUB	iShares National Muni	12,250 (+8.6%)	$1,312 (+9.3%)	0.7%	$107.18	—	ETF	464288414
IBMO	iShares iBonds Dec 2026 Term M	32,500 (+14.0%)	$833 (+13.9%)	0.5%	$25.63	—	ETF	46435U259
IBMP	iShares iBonds Dec 2027 Term M	36,300 (+12.4%)	$922 (+12.0%)	0.5%	$25.34	—	ETF	46435U283
FDVV	Fidelity High Dividend	37,109 (+2.9%)	$2,104 (+4.7%)	1.2%	$44.00	—	ETF	316092840
TCAF	T Rowe Price Capital Apprec Eq	46,525 (+3.3%)	$1,778 (+4.8%)	1.0%	$31.40	—	ETF	87283Q867
AMGN	Amgen Inc	1,285 (+4.0%)	$421 (+20.7%)	0.2%	$271.06	+16.6%	COM	031162100
ABNB	Airbnb Inc	2,255 (+9.7%)	$306 (+22.7%)	0.2%	$126.64	-1.7%	COM	009066101
MKL	Markel Corp	123 (+9.8%)	$264 (+23.5%)	0.2%	$1894.91	+6.9%	COM	570535104
V	Visa Inc	3,780 (+1.1%)	$1,326 (+3.8%)	0.8%	$66.39	+412.7%	COM	92826C839
PEP	Pepsico Inc	8,425 (+1.2%)	$1,209 (+3.4%)	0.7%	$82.81	+76.2%	COM	713448108
SUB	iShares Short Term Nat Muni Bd	13,950 (+2.4%)	$1,488 (+2.3%)	0.9%	$105.06	—	ETF	464288158
XOM	Exxon Mobil Corp	2,575 (+2.0%)	$310 (+8.8%)	0.2%	$106.90	+8.0%	COM	30231G102
HON	Honeywell International Inc	2,960 (+5.9%)	$577 (-1.8%)	0.3%	$199.40	-2.2%	COM	438516106
CVX	Chevron Corp	10,500 (+1.2%)	$1,600 (-0.7%)	0.9%	$72.93	+107.6%	COM	166764100
VNQ	Vanguard REIT	8,085 (+1.9%)	$715 (-1.4%)	0.4%	$94.02	—	ETF	922908553
BSV	Vanguard Short Term Bond Index	3,261 (+3.6%)	$257 (+3.4%)	0.1%	$80.90	—	ETF	921937827
BIV	Vgd Int Term Bond Index Fund	3,483 (+3.2%)	$271 (+2.9%)	0.2%	$36.25	—	ETF	921937819
CAVA	Cava Group Inc	5,525 (+2.8%)	$324 (-0.1%)	0.2%	$53.66	+3.9%	COM	148929102

Exited Positions (7)

— iShares iBonds Dec 2025 Term C 0.5%

Value ($000) $840 Shares 33,350 Est. Cost $24.91 Unrealized —

DD DuPont de Nemours Inc 0.2%

Value ($000) $331 Shares 4,249 Est. Cost $25.91 Unrealized +44.3%

— iShares iBonds Dec 2025 Term M 0.2%

Value ($000) $268 Shares 10,000 Est. Cost $26.77 Unrealized —

CTVA Corteva Inc 0.1%

Value ($000) $220 Shares 3,252 Est. Cost $61.25 Unrealized +5.4%

VLTO Veralto Corp 0.1%

Value ($000) $208 Shares 1,950 Est. Cost $105.26 Unrealized -4.0%

CMCSA Comcast Corp Class A 0.1%

Value ($000) $202 Shares 6,434 Est. Cost $33.05 Unrealized -13.7%

— WideOpenWest Inc 0.1%

Value ($000) $111 Shares 21,500 Est. Cost $13.27 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	iShares iBonds Dec 2025 Term C	33,350	$840	0.5%	$24.91	—	—	46434VBD1
DD	DuPont de Nemours Inc	4,249	$331	0.2%	$25.91	+44.3%	—	26614N102
—	iShares iBonds Dec 2025 Term M	10,000	$268	0.2%	$26.77	—	—	46435U432
CTVA	Corteva Inc	3,252	$220	0.1%	$61.25	+5.4%	—	22052L104
VLTO	Veralto Corp	1,950	$208	0.1%	$105.26	-4.0%	—	92338C103
CMCSA	Comcast Corp Class A	6,434	$202	0.1%	$33.05	-13.7%	—	20030N101
—	WideOpenWest Inc	21,500	$111	0.1%	$13.27	—	—	96758W101

Decreased Positions (34)

GOOGL Alphabet Inc Cl A 3.2%

Value ($000) $5,639 (+26.4%) Shares 18,015 (-1.8%) Est. Cost $106.68 Unrealized +167.7%

MSFT Microsoft Corporation 5.5%

Value ($000) $9,709 (-7.8%) Shares 20,075 (-1.3%) Est. Cost $39.88 Unrealized +1155.2%

GMED Globus Medical Inc A 2.0%

Value ($000) $3,492 (+22.0%) Shares 40,000 (-20.0%) Est. Cost $40.40 Unrealized +87.9%

COST Costco Wholesale Corp 2.8%

Value ($000) $4,895 (-8.5%) Shares 5,676 (-1.8%) Est. Cost $123.57 Unrealized +633.0%

AAPL Apple Inc 5.1%

Value ($000) $8,881 (+4.7%) Shares 32,667 (-2.0%) Est. Cost $88.05 Unrealized +204.8%

WRB WR Berkley Corp 1.8%

Value ($000) $3,174 (-9.8%) Shares 45,270 (-1.4%) Est. Cost $33.39 Unrealized +117.9%

PGX Invesco Preferred 0.1%

Value ($000) $167 (-64.7%) Shares 14,900 (-63.6%) Est. Cost $14.56 Unrealized —

AXP American Express 2.3%

Value ($000) $3,994 (+7.5%) Shares 10,795 (-3.5%) Est. Cost $64.09 Unrealized +457.0%

MRK Merck & Co 0.7%

Value ($000) $1,285 (+23.9%) Shares 12,205 (-1.2%) Est. Cost $42.86 Unrealized +117.6%

WTRG Essential Utilities Inc 0.4%

Value ($000) $718 (-21.7%) Shares 18,711 (-18.5%) Est. Cost $47.01 Unrealized -16.3%

MDLZ Mondelez Intl Inc Cl A 0.4%

Value ($000) $631 (-23.0%) Shares 11,725 (-10.7%) Est. Cost $29.56 Unrealized +93.0%

ZTS Zoetis Inc 0.6%

Value ($000) $1,000 (-15.6%) Shares 7,950 (-1.9%) Est. Cost $39.51 Unrealized +229.7%

AMT American Tower Corp 0.6%

Value ($000) $996 (-13.3%) Shares 5,675 (-5.0%) Est. Cost $105.40 Unrealized +71.1%

ADBE Adobe Systems Inc 0.2%

Value ($000) $311 (-28.5%) Shares 890 (-27.9%) Est. Cost $448.28 Unrealized -24.1%

LOW Lowes Companies Inc 1.0%

Value ($000) $1,818 (-5.6%) Shares 7,540 (-1.6%) Est. Cost $49.04 Unrealized +389.1%

BAC Bank of America Corp 1.4%

Value ($000) $2,438 (+4.5%) Shares 44,320 (-2.0%) Est. Cost $16.50 Unrealized +219.1%

TGT Target Corporation 0.2%

Value ($000) $313 (-24.9%) Shares 3,200 (-31.1%) Est. Cost $63.60 Unrealized +44.1%

YUM YUM! Brands Inc 0.5%

Value ($000) $901 (-8.5%) Shares 5,955 (-8.1%) Est. Cost $51.47 Unrealized +186.9%

TJX TJX Companies Inc 1.1%

Value ($000) $1,882 (+4.2%) Shares 12,250 (-1.9%) Est. Cost $43.56 Unrealized +239.1%

ECL Ecolab Inc 0.7%

Value ($000) $1,302 (-5.3%) Shares 4,960 (-1.2%) Est. Cost $100.14 Unrealized +165.3%

CLX Clorox Company 0.1%

Value ($000) $219 (-23.5%) Shares 2,175 (-6.5%) Est. Cost $80.03 Unrealized +35.3%

AWK American Water Works Inc 0.2%

Value ($000) $382 (-15.0%) Shares 2,925 (-9.3%) Est. Cost $69.08 Unrealized +92.8%

UNH UnitedHealth Group Inc 0.4%

Value ($000) $642 (-9.1%) Shares 1,945 (-4.9%) Est. Cost $87.01 Unrealized +287.5%

BRK/B Berkshire Hathaway Inc Cl B 2.7%

Value ($000) $4,804 (-1.2%) Shares 9,558 (-1.1%) Est. Cost $158.48 Unrealized +213.9%

WCN Waste Connections Inc 0.3%

Value ($000) $556 (-8.9%) Shares 3,170 (-8.6%) Est. Cost $140.77 Unrealized +22.8%

RSG Republic Services Inc 0.2%

Value ($000) $344 (-11.7%) Shares 1,625 (-4.4%) Est. Cost $245.13 Unrealized -12.5%

SPHY SPDR Portfolio High Yield Bond 0.4%

Value ($000) $621 (-6.5%) Shares 26,250 (-5.4%) Est. Cost $23.15 Unrealized —

JPM JP Morgan Chase & Co 1.8%

Value ($000) $3,087 (+1.0%) Shares 9,580 (-1.1%) Est. Cost $65.14 Unrealized +375.2%

NSRGY Nestle SA ADR 0.6%

Value ($000) $1,012 (+2.2%) Shares 10,250 (-5.1%) Est. Cost $99.32 Unrealized —

NEE NextEra Energy Inc 0.4%

Value ($000) $776 (+2.7%) Shares 9,660 (-3.4%) Est. Cost $60.20 Unrealized +37.0%

QQQ Invesco QQQ Trust 0.4%

Value ($000) $728 (-1.8%) Shares 1,185 (-4.0%) Est. Cost $488.07 Unrealized —

ED Consolidated Edison Inc 0.2%

Value ($000) $410 (-2.4%) Shares 4,125 (-1.2%) Est. Cost $44.62 Unrealized +121.4%

BHP BHP Billiton Ltd ADR 0.1%

Value ($000) $244 (+2.0%) Shares 4,050 (-5.8%) Est. Cost $49.80 Unrealized —

IUSG iShares Core S&P US Growth 0.4%

Value ($000) $715 (+0.6%) Shares 4,255 (-1.4%) Est. Cost $79.20 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet Inc Cl A	18,015 (-1.8%)	$5,639 (+26.4%)	3.2%	$106.68	+167.7%	COM	02079K305
MSFT	Microsoft Corporation	20,075 (-1.3%)	$9,709 (-7.8%)	5.5%	$39.88	+1155.2%	COM	594918104
GMED	Globus Medical Inc A	40,000 (-20.0%)	$3,492 (+22.0%)	2.0%	$40.40	+87.9%	COM	379577208
COST	Costco Wholesale Corp	5,676 (-1.8%)	$4,895 (-8.5%)	2.8%	$123.57	+633.0%	COM	22160K105
AAPL	Apple Inc	32,667 (-2.0%)	$8,881 (+4.7%)	5.1%	$88.05	+204.8%	COM	037833100
WRB	WR Berkley Corp	45,270 (-1.4%)	$3,174 (-9.8%)	1.8%	$33.39	+117.9%	COM	084423102
PGX	Invesco Preferred	14,900 (-63.6%)	$167 (-64.7%)	0.1%	$14.56	—	ETF	46138E511
AXP	American Express	10,795 (-3.5%)	$3,994 (+7.5%)	2.3%	$64.09	+457.0%	COM	025816109
MRK	Merck & Co	12,205 (-1.2%)	$1,285 (+23.9%)	0.7%	$42.86	+117.6%	COM	58933Y105
WTRG	Essential Utilities Inc	18,711 (-18.5%)	$718 (-21.7%)	0.4%	$47.01	-16.3%	COM	29670G102
MDLZ	Mondelez Intl Inc Cl A	11,725 (-10.7%)	$631 (-23.0%)	0.4%	$29.56	+93.0%	COM	609207105
ZTS	Zoetis Inc	7,950 (-1.9%)	$1,000 (-15.6%)	0.6%	$39.51	+229.7%	COM	98978V103
AMT	American Tower Corp	5,675 (-5.0%)	$996 (-13.3%)	0.6%	$105.40	+71.1%	COM	03027X100
ADBE	Adobe Systems Inc	890 (-27.9%)	$311 (-28.5%)	0.2%	$448.28	-24.1%	COM	00724F101
LOW	Lowes Companies Inc	7,540 (-1.6%)	$1,818 (-5.6%)	1.0%	$49.04	+389.1%	COM	548661107
BAC	Bank of America Corp	44,320 (-2.0%)	$2,438 (+4.5%)	1.4%	$16.50	+219.1%	COM	060505104
TGT	Target Corporation	3,200 (-31.1%)	$313 (-24.9%)	0.2%	$63.60	+44.1%	COM	87612E106
YUM	YUM! Brands Inc	5,955 (-8.1%)	$901 (-8.5%)	0.5%	$51.47	+186.9%	COM	988498101
TJX	TJX Companies Inc	12,250 (-1.9%)	$1,882 (+4.2%)	1.1%	$43.56	+239.1%	COM	872540109
ECL	Ecolab Inc	4,960 (-1.2%)	$1,302 (-5.3%)	0.7%	$100.14	+165.3%	COM	278865100
CLX	Clorox Company	2,175 (-6.5%)	$219 (-23.5%)	0.1%	$80.03	+35.3%	COM	189054109
AWK	American Water Works Inc	2,925 (-9.3%)	$382 (-15.0%)	0.2%	$69.08	+92.8%	COM	030420103
UNH	UnitedHealth Group Inc	1,945 (-4.9%)	$642 (-9.1%)	0.4%	$87.01	+287.5%	COM	91324P102
BRK/B	Berkshire Hathaway Inc Cl B	9,558 (-1.1%)	$4,804 (-1.2%)	2.7%	$158.48	+213.9%	COM	084670702
WCN	Waste Connections Inc	3,170 (-8.6%)	$556 (-8.9%)	0.3%	$140.77	+22.8%	COM	94106B101
RSG	Republic Services Inc	1,625 (-4.4%)	$344 (-11.7%)	0.2%	$245.13	-12.5%	COM	760759100
SPHY	SPDR Portfolio High Yield Bond	26,250 (-5.4%)	$621 (-6.5%)	0.4%	$23.15	—	ETF	78468R606
JPM	JP Morgan Chase & Co	9,580 (-1.1%)	$3,087 (+1.0%)	1.8%	$65.14	+375.2%	COM	46625H100
NSRGY	Nestle SA ADR	10,250 (-5.1%)	$1,012 (+2.2%)	0.6%	$99.32	—	ADR	641069406
NEE	NextEra Energy Inc	9,660 (-3.4%)	$776 (+2.7%)	0.4%	$60.20	+37.0%	COM	65339F101
QQQ	Invesco QQQ Trust	1,185 (-4.0%)	$728 (-1.8%)	0.4%	$488.07	—	ETF	46090E103
ED	Consolidated Edison Inc	4,125 (-1.2%)	$410 (-2.4%)	0.2%	$44.62	+121.4%	COM	209115104
BHP	BHP Billiton Ltd ADR	4,050 (-5.8%)	$244 (+2.0%)	0.1%	$49.80	—	ADR	088606108
IUSG	iShares Core S&P US Growth	4,255 (-1.4%)	$715 (+0.6%)	0.4%	$79.20	—	ETF	464287671

Unchanged Positions (60)

ORCL Oracle Corp 3.3%

Value ($000) $5,791 Shares 29,710 Est. Cost $38.57 Unrealized +517.2%

GOOG Alphabet Inc Cl C 2.0%

Value ($000) $3,558 Shares 11,340 Est. Cost $107.11 Unrealized +167.3%

HD Home Depot Inc 1.1%

Value ($000) $1,947 Shares 5,659 Est. Cost $81.65 Unrealized +346.5%

CSCO Cisco Systems Inc 1.6%

Value ($000) $2,875 Shares 37,320 Est. Cost $23.10 Unrealized +219.4%

ADP Automatic Data Processing 1.2%

Value ($000) $2,051 Shares 7,975 Est. Cost $93.78 Unrealized +182.4%

JNJ Johnson & Johnson 1.4%

Value ($000) $2,492 Shares 12,041 Est. Cost $89.33 Unrealized +120.5%

PAYX Paychex Inc 1.1%

Value ($000) $1,950 Shares 17,380 Est. Cost $34.26 Unrealized +240.1%

SYY Sysco Corporation 1.0%

Value ($000) $1,672 Shares 22,690 Est. Cost $30.70 Unrealized +146.0%

INTU Intuit Inc 2.8%

Value ($000) $4,918 Shares 7,425 Est. Cost $83.60 Unrealized +690.3%

BX Blackstone Group Inc 0.9%

Value ($000) $1,544 Shares 10,020 Est. Cost $47.27 Unrealized +220.4%

PG Procter & Gamble 1.2%

Value ($000) $2,056 Shares 14,345 Est. Cost $68.73 Unrealized +114.1%

RTX RTX Corp 0.9%

Value ($000) $1,508 Shares 8,221 Est. Cost $61.43 Unrealized +182.1%

RPM RPM International 0.5%

Value ($000) $890 Shares 8,555 Est. Cost $47.65 Unrealized +127.2%

WMT Walmart Inc 0.9%

Value ($000) $1,491 Shares 13,380 Est. Cost $48.16 Unrealized +122.6%

GLW Corning Inc 0.7%

Value ($000) $1,189 Shares 13,575 Est. Cost $36.47 Unrealized +135.8%

NOK Applied Materials Inc 0.2%

Value ($000) $328 Shares 1,275 Est. Cost $183.07 Unrealized —

IEFA iShares Core MSCI EAFE 1.4%

Value ($000) $2,484 Shares 27,765 Est. Cost $67.36 Unrealized —

— Labcorp Hldgs Inc. 0.2%

Value ($000) $394 Shares 1,570 Est. Cost $229.60 Unrealized —

DGX Quest Diagnostics Inc 0.3%

Value ($000) $573 Shares 3,300 Est. Cost $51.67 Unrealized +252.3%

VLO Valero Energy Corp 0.7%

Value ($000) $1,192 Shares 7,325 Est. Cost $54.15 Unrealized +211.7%

IWM iShares Russell 2000 Index 1.8%

Value ($000) $3,138 Shares 12,747 Est. Cost $121.57 Unrealized —

PSX Phillips 66 0.5%

Value ($000) $919 Shares 7,125 Est. Cost $58.69 Unrealized +128.4%

IDA IdaCorp Incorporated 0.5%

Value ($000) $928 Shares 7,336 Est. Cost $61.34 Unrealized +112.1%

LHX L3Harris Technologies Inc 0.6%

Value ($000) $1,010 Shares 3,440 Est. Cost $181.76 Unrealized +58.7%

BDX Becton Dickinson & Co 0.7%

Value ($000) $1,196 Shares 6,165 Est. Cost $177.96 Unrealized +6.5%

— Cigna Corp 0.4%

Value ($000) $731 Shares 2,655 Est. Cost $232.92 Unrealized —

MAS Masco Corp 0.2%

Value ($000) $311 Shares 4,900 Est. Cost $17.99 Unrealized +259.9%

ABT Abbott Laboratories 0.2%

Value ($000) $392 Shares 3,125 Est. Cost $49.98 Unrealized +154.7%

STN Stantec Inc 0.1%

Value ($000) $208 Shares 2,200 Est. Cost $108.68 Unrealized —

SPY SPDR S&P 500 0.7%

Value ($000) $1,279 Shares 1,875 Est. Cost $205.30 Unrealized —

VIG Vanguard Div Appreciation 0.8%

Value ($000) $1,454 Shares 6,614 Est. Cost $91.32 Unrealized —

CB Chubb Limited 0.1%

Value ($000) $231 Shares 740 Est. Cost $241.21 Unrealized +21.2%

ABBV AbbVie Inc 0.7%

Value ($000) $1,207 Shares 5,281 Est. Cost $43.56 Unrealized +422.3%

HLT Hilton Worldwide Hldgs 0.1%

Value ($000) $223 Shares 775 Est. Cost $237.69 Unrealized +14.5%

WM Waste Management Inc 1.1%

Value ($000) $1,920 Shares 8,740 Est. Cost $43.60 Unrealized +387.5%

CSX CSX Corp 0.5%

Value ($000) $939 Shares 25,890 Est. Cost $24.33 Unrealized +46.7%

SO Southern Company 0.1%

Value ($000) $218 Shares 2,500 Est. Cost $81.63 Unrealized +11.3%

MET MetLife Inc 0.2%

Value ($000) $434 Shares 5,500 Est. Cost $33.71 Unrealized +134.2%

MMM 3M Co 0.3%

Value ($000) $602 Shares 3,760 Est. Cost $87.59 Unrealized +86.3%

ELV Elevance Health 0.1%

Value ($000) $219 Shares 625 Est. Cost $484.45 Unrealized -30.5%

LMT Lockheed Martin Corp 0.3%

Value ($000) $532 Shares 1,100 Est. Cost $181.12 Unrealized +162.9%

EBAY eBay Inc 0.2%

Value ($000) $375 Shares 4,300 Est. Cost $43.96 Unrealized +96.5%

IBM IBM Corp 0.2%

Value ($000) $296 Shares 1,000 Est. Cost $188.97 Unrealized +58.1%

KO Coca-Cola Company 0.2%

Value ($000) $273 Shares 3,900 Est. Cost $42.26 Unrealized +64.2%

IWY iShares Russell Top 200 Growth 0.6%

Value ($000) $999 Shares 3,609 Est. Cost $159.55 Unrealized —

EFA iShares MSCI EAFE Index 0.2%

Value ($000) $384 Shares 4,000 Est. Cost $76.89 Unrealized —

AOR iShares Core Growth Allocation 0.4%

Value ($000) $615 Shares 9,464 Est. Cost $48.86 Unrealized —

COP ConocoPhillips 0.5%

Value ($000) $813 Shares 8,680 Est. Cost $49.56 Unrealized +81.6%

VTI Vanguard Total Stock Mkt 0.2%

Value ($000) $337 Shares 1,006 Est. Cost $193.37 Unrealized —

CL Colgate-Palmolive Co 0.3%

Value ($000) $566 Shares 7,160 Est. Cost $57.53 Unrealized +36.1%

UNP Union Pacific Corp 0.2%

Value ($000) $301 Shares 1,300 Est. Cost $144.38 Unrealized +57.4%

HSY Hershey Company 0.1%

Value ($000) $200 Shares 1,100 Est. Cost $179.65 Unrealized +1.4%

SBUX Starbucks Corp 0.6%

Value ($000) $1,137 Shares 13,500 Est. Cost $50.25 Unrealized +67.3%

SCHA Schwab US Small Cap 0.1%

Value ($000) $251 Shares 8,800 Est. Cost $51.64 Unrealized —

VCR Vgd Consumer Discretionary 0.2%

Value ($000) $376 Shares 955 Est. Cost $219.02 Unrealized —

VGT Vanguard Info Technology 0.2%

Value ($000) $324 Shares 430 Est. Cost $484.00 Unrealized —

SPG Simon Property Group 0.1%

Value ($000) $208 Shares 1,125 Est. Cost $81.54 Unrealized +120.8%

MCD McDonalds Corp 0.7%

Value ($000) $1,256 Shares 4,110 Est. Cost $92.10 Unrealized +231.3%

MA Mastercard Inc 0.3%

Value ($000) $548 Shares 960 Est. Cost $331.91 Unrealized +68.4%

EEMV iShares MSCI EmergMkt Min Vol 0.3%

Value ($000) $500 Shares 7,800 Est. Cost $59.33 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	Oracle Corp	29,710	$5,791	3.3%	$38.57	+517.2%	COM	68389X105
GOOG	Alphabet Inc Cl C	11,340	$3,558	2.0%	$107.11	+167.3%	COM	02079K107
HD	Home Depot Inc	5,659	$1,947	1.1%	$81.65	+346.5%	COM	437076102
CSCO	Cisco Systems Inc	37,320	$2,875	1.6%	$23.10	+219.4%	COM	17275R102
ADP	Automatic Data Processing	7,975	$2,051	1.2%	$93.78	+182.4%	COM	053015103
JNJ	Johnson & Johnson	12,041	$2,492	1.4%	$89.33	+120.5%	COM	478160104
PAYX	Paychex Inc	17,380	$1,950	1.1%	$34.26	+240.1%	COM	704326107
SYY	Sysco Corporation	22,690	$1,672	1.0%	$30.70	+146.0%	COM	871829107
INTU	Intuit Inc	7,425	$4,918	2.8%	$83.60	+690.3%	COM	461202103
BX	Blackstone Group Inc	10,020	$1,544	0.9%	$47.27	+220.4%	COM	09260D107
PG	Procter & Gamble	14,345	$2,056	1.2%	$68.73	+114.1%	COM	742718109
RTX	RTX Corp	8,221	$1,508	0.9%	$61.43	+182.1%	COM	75513E101
RPM	RPM International	8,555	$890	0.5%	$47.65	+127.2%	COM	749685103
WMT	Walmart Inc	13,380	$1,491	0.9%	$48.16	+122.6%	COM	931142103
GLW	Corning Inc	13,575	$1,189	0.7%	$36.47	+135.8%	COM	219350105
NOK	Applied Materials Inc	1,275	$328	0.2%	$183.07	—	COM	654902204
IEFA	iShares Core MSCI EAFE	27,765	$2,484	1.4%	$67.36	—	ETF	46432F842
—	Labcorp Hldgs Inc.	1,570	$394	0.2%	$229.60	—	COM	50540R409
DGX	Quest Diagnostics Inc	3,300	$573	0.3%	$51.67	+252.3%	COM	74834L100
VLO	Valero Energy Corp	7,325	$1,192	0.7%	$54.15	+211.7%	COM	91913Y100
IWM	iShares Russell 2000 Index	12,747	$3,138	1.8%	$121.57	—	ETF	464287655
PSX	Phillips 66	7,125	$919	0.5%	$58.69	+128.4%	COM	718546104
IDA	IdaCorp Incorporated	7,336	$928	0.5%	$61.34	+112.1%	COM	451107106
LHX	L3Harris Technologies Inc	3,440	$1,010	0.6%	$181.76	+58.7%	COM	502431109
BDX	Becton Dickinson & Co	6,165	$1,196	0.7%	$177.96	+6.5%	COM	075887109
—	Cigna Corp	2,655	$731	0.4%	$232.92	—	COM	125509109
MAS	Masco Corp	4,900	$311	0.2%	$17.99	+259.9%	COM	574599106
ABT	Abbott Laboratories	3,125	$392	0.2%	$49.98	+154.7%	COM	002824100
STN	Stantec Inc	2,200	$208	0.1%	$108.68	—	COM	85472N109
SPY	SPDR S&P 500	1,875	$1,279	0.7%	$205.30	—	ETF	78462F103
VIG	Vanguard Div Appreciation	6,614	$1,454	0.8%	$91.32	—	ETF	921908844
CB	Chubb Limited	740	$231	0.1%	$241.21	+21.2%	COM	H1467J104
ABBV	AbbVie Inc	5,281	$1,207	0.7%	$43.56	+422.3%	COM	00287Y109
HLT	Hilton Worldwide Hldgs	775	$223	0.1%	$237.69	+14.5%	COM	43300A203
WM	Waste Management Inc	8,740	$1,920	1.1%	$43.60	+387.5%	COM	94106L109
CSX	CSX Corp	25,890	$939	0.5%	$24.33	+46.7%	COM	126408103
SO	Southern Company	2,500	$218	0.1%	$81.63	+11.3%	COM	842587107
MET	MetLife Inc	5,500	$434	0.2%	$33.71	+134.2%	COM	59156R108
MMM	3M Co	3,760	$602	0.3%	$87.59	+86.3%	COM	88579Y101
ELV	Elevance Health	625	$219	0.1%	$484.45	-30.5%	COM	036752103
LMT	Lockheed Martin Corp	1,100	$532	0.3%	$181.12	+162.9%	COM	539830109
EBAY	eBay Inc	4,300	$375	0.2%	$43.96	+96.5%	COM	278642103
IBM	IBM Corp	1,000	$296	0.2%	$188.97	+58.1%	COM	459200101
KO	Coca-Cola Company	3,900	$273	0.2%	$42.26	+64.2%	COM	191216100
IWY	iShares Russell Top 200 Growth	3,609	$999	0.6%	$159.55	—	ETF	464289438
EFA	iShares MSCI EAFE Index	4,000	$384	0.2%	$76.89	—	ETF	464287465
AOR	iShares Core Growth Allocation	9,464	$615	0.4%	$48.86	—	ETF	464289867
COP	ConocoPhillips	8,680	$813	0.5%	$49.56	+81.6%	COM	20825C104
VTI	Vanguard Total Stock Mkt	1,006	$337	0.2%	$193.37	—	ETF	922908769
CL	Colgate-Palmolive Co	7,160	$566	0.3%	$57.53	+36.1%	COM	194162103
UNP	Union Pacific Corp	1,300	$301	0.2%	$144.38	+57.4%	COM	907818108
HSY	Hershey Company	1,100	$200	0.1%	$179.65	+1.4%	COM	427866108
SBUX	Starbucks Corp	13,500	$1,137	0.6%	$50.25	+67.3%	COM	855244109
SCHA	Schwab US Small Cap	8,800	$251	0.1%	$51.64	—	ETF	808524607
VCR	Vgd Consumer Discretionary	955	$376	0.2%	$219.02	—	ETF	92204A108
VGT	Vanguard Info Technology	430	$324	0.2%	$484.00	—	ETF	92204A702
SPG	Simon Property Group	1,125	$208	0.1%	$81.54	+120.8%	COM	828806109
MCD	McDonalds Corp	4,110	$1,256	0.7%	$92.10	+231.3%	COM	580135101
MA	Mastercard Inc	960	$548	0.3%	$331.91	+68.4%	COM	57636Q104
EEMV	iShares MSCI EmergMkt Min Vol	7,800	$500	0.3%	$59.33	—	ETF	464286533