Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VDE	VANGUARD WORLD FD	163,244 (+4.0%)	$28.25M (+43.0%)	3.0%	$119.36	—	ENERGY ETF	92204A306
VXUS	VANGUARD STAR FDS	749,731 (+13.6%)	$57.81M (+16.1%)	6.2%	$62.99	—	VG TL INTL STK F	921909768
VOO	VANGUARD INDEX FDS	44,095 (+50.4%)	$26.35M (+43.3%)	2.8%	$587.58	—	S&P 500 ETF SHS	922908363
LNG	CHENIERE ENERGY INC	58,682 (+1.9%)	$16.65M (+48.7%)	1.8%	$148.09	+41.7%	COM NEW	16411R208
AVUV	AMERICAN CENTY ETF TR	326,413 (+2.6%)	$36.06M (+11.1%)	3.9%	$91.51	—	US SML CP VALU	025072877
AVDV	AMERICAN CENTY ETF TR	411,922 (+2.1%)	$41.13M (+8.5%)	4.4%	$72.69	—	INTL SMCP VLU	025072802
IAUM	ISHARES GOLD TR	170,451 (+46.8%)	$7.96M (+59.4%)	0.9%	$27.44	—	SHARES REPRESENT	46436F103
WRB	BERKLEY W R CORP	85,514 (+57.4%)	$5.668M (+48.8%)	0.6%	$67.93	+2.2%	COM	084423102
BHP	BHP BILLITON LIMITED	124,833 (+1.3%)	$9.08M (+22.0%)	1.0%	$52.72	—	SPONSORED ADS	088606108
VTI	VANGUARD INDEX FDS	173,834 (+1.8%)	$55.77M (-2.6%)	6.0%	$304.04	—	TOTAL STK MKT	922908769
CB	CHUBB LTD SWITZ	29,777 (+11.3%)	$9.705M (+16.2%)	1.0%	$287.14	+10.1%	COM	H1467J104
FCX	FREEPORT MCMORAN INC	134,974 (+3.2%)	$7.934M (+19.5%)	0.9%	$35.14	+73.9%	CL B	35671D857
VDC	VANGUARD WORLD FD	30,480 (+10.5%)	$6.846M (+17.5%)	0.7%	$198.88	—	CONSUM STP ETF	92204A207
EPD	ENTERPRISE PRODS PARTNERS L	99,632 (+15.2%)	$3.77M (+36.0%)	0.4%	$30.19	—	COM	293792107
VPU	VANGUARD WORLD FD	42,581 (+4.9%)	$8.437M (+12.3%)	0.9%	$157.56	—	UTILITIES ETF	92204A876
AMZN	AMAZON COM INC	46,304 (+1.4%)	$9.644M (-8.5%)	1.0%	$168.95	+34.3%	COM	023135106
BRK/B	BERKSHIRE HATHAWAY INC DEL	73,203 (+7.0%)	$35.08M (+2.0%)	3.8%	$329.88	+49.6%	CL B NEW	084670702
PAA	PLAINS ALL AMERN PIPELINE L	54,801 (+73.2%)	$1.224M (+115.3%)	0.1%	$20.05	—	UNIT LTD PARTN	726503105
SCHO	SCHWAB STRATEGIC TR	345,210 (+8.6%)	$8.378M (+8.1%)	0.9%	$25.88	—	SHT TM US TRES	808524862
ET	ENERGY TRANSFER L P	60,687 (+69.5%)	$1.171M (+98.3%)	0.1%	$18.31	—	COM UT LTD PTN	29273V100
MPLX	MPLX LP	27,163 (+11.2%)	$1.55M (+18.9%)	0.2%	$50.28	—	COM UNIT REP LTD	55336V100
PEP	PEPSICO INC	2,673 (+41.7%)	$415K (+53.3%)	0.0%	$148.50	+4.2%	COM	713448108
QS	QUANTUMSCAPE CORP	15,000 (+50.0%)	$95,700 (-8.2%)	0.0%	$12.27	-24.7%	COM CL A	74767V109
IBIT	ISHARES BITCOIN TRUST ETF	8,812 (+29.3%)	$339K (+0.0%)	0.0%	$48.42	—	SHS BEN INT	46438F101

Exited Positions (7)

IBDR ISHARES TR 0.3%

Value $3.002M Shares 123,877 Est. Cost $24.25 Unrealized —

UPS UNITED PARCEL SERVICE INC 0.0%

Value $360K Shares 3,626 Est. Cost $110.49 Unrealized -0.6%

VHT VANGUARD WORLD FD 0.0%

Value $243K Shares 844 Est. Cost $247.49 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.0%

Value $232K Shares 410 Est. Cost $532.37 Unrealized -2.1%

XONE BONDBLOXX ETF TRUST 0.0%

Value $230K Shares 4,645 Est. Cost $49.53 Unrealized —

VRSN VERISIGN INC 0.0%

Value $202K Shares 833 Est. Cost $203.36 Unrealized +15.8%

ABT ABBOTT LABS 0.0%

Value $201K Shares 1,608 Est. Cost $127.30 Unrealized -9.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IBDR	ISHARES TR	123,877	$3.002M	0.3%	$24.25	—	—	46435GAA0
UPS	UNITED PARCEL SERVICE INC	3,626	$360K	0.0%	$110.49	-0.6%	—	911312106
VHT	VANGUARD WORLD FD	844	$243K	0.0%	$247.49	—	—	92204A504
ISRG	INTUITIVE SURGICAL INC	410	$232K	0.0%	$532.37	-2.1%	—	46120E602
XONE	BONDBLOXX ETF TRUST	4,645	$230K	0.0%	$49.53	—	—	09789C861
VRSN	VERISIGN INC	833	$202K	0.0%	$203.36	+15.8%	—	92343E102
ABT	ABBOTT LABS	1,608	$201K	0.0%	$127.30	-9.3%	—	002824100

Decreased Positions (47)

MSFT MICROSOFT CORP 0.9%

Value $8.161M (-24.6%) Shares 22,046 (-1.4%) Est. Cost $333.72 Unrealized +30.2%

VBIL VANGUARD INSTL INDEX FD 1.1%

Value $10.11M (-19.2%) Shares 133,703 (-19.5%) Est. Cost $75.60 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 0.7%

Value $6.843M (+42.0%) Shares 140,435 (-1.3%) Est. Cost $30.33 Unrealized +22.6%

WMB WILLIAMS COS INC 1.3%

Value $12.08M (+19.8%) Shares 165,941 (-1.1%) Est. Cost $24.02 Unrealized +176.3%

CVX CHEVRON CORPORATION 0.7%

Value $6.432M (+34.4%) Shares 31,086 (-1.0%) Est. Cost $135.85 Unrealized +26.5%

GLDM WORLD GOLD TR 5.3%

Value $49.06M (-3.1%) Shares 529,278 (-10.7%) Est. Cost $33.62 Unrealized —

ALB ALBEMARLE CORP 1.1%

Value $10.63M (+15.0%) Shares 59,210 (-9.4%) Est. Cost $103.55 Unrealized +65.4%

TRP TC ENERGY CORP 1.8%

Value $16.31M (+9.1%) Shares 258,036 (-5.6%) Est. Cost $35.70 Unrealized +63.1%

META META PLATFORMS INC 0.7%

Value $6.917M (-15.9%) Shares 12,090 (-3.0%) Est. Cost $508.56 Unrealized +28.9%

AAPL APPLE INC 1.2%

Value $11.16M (-9.5%) Shares 43,987 (-3.1%) Est. Cost $141.58 Unrealized +85.6%

JNJ JOHNSON & JOHNSON 0.8%

Value $7.33M (+15.8%) Shares 29,985 (-2.0%) Est. Cost $121.28 Unrealized +87.9%

V VISA INC 0.6%

Value $5.283M (-15.8%) Shares 17,481 (-2.3%) Est. Cost $208.15 Unrealized +58.1%

XLE SELECT SECTOR SPDR TR 0.4%

Value $3.792M (+35.1%) Shares 61,898 (-1.4%) Est. Cost $63.01 Unrealized —

LTPZ PIMCO ETF TR 0.1%

Value $606K (-60.1%) Shares 11,880 (-59.5%) Est. Cost $52.53 Unrealized —

SCCO SOUTHERN COPPER CORP 1.7%

Value $16.18M (+4.5%) Shares 94,034 (-12.9%) Est. Cost $56.78 Unrealized +229.9%

COP CONOCOPHILLIPS 0.3%

Value $2.439M (+39.2%) Shares 18,478 (-1.3%) Est. Cost $79.60 Unrealized +29.0%

UNH UNITEDHEALTH GROUP INC 0.2%

Value $1.442M (-31.9%) Shares 5,330 (-16.9%) Est. Cost $312.91 Unrealized -1.3%

ENFR ALPS ETF TR 0.1%

Value $708K (-48.7%) Shares 18,522 (-57.8%) Est. Cost $31.45 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.3%

Value $3.161M (-16.4%) Shares 39,871 (-15.9%) Est. Cost $78.94 Unrealized —

BLK BLACKROCK INC 0.4%

Value $3.928M (-12.1%) Shares 4,084 (-2.2%) Est. Cost $840.24 Unrealized +30.6%

VGK VANGUARD INTL EQUITY INDEX F 1.7%

Value $15.51M (-3.3%) Shares 188,215 (-2.0%) Est. Cost $56.92 Unrealized —

SCHR SCHWAB STRATEGIC TR 0.2%

Value $2.285M (-16.9%) Shares 91,720 (-16.3%) Est. Cost $25.26 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.1%

Value $1.151M (-25.1%) Shares 5,664 (-5.2%) Est. Cost $151.24 Unrealized +59.2%

HD HOME DEPOT INC 0.4%

Value $4.033M (-6.3%) Shares 12,262 (-1.9%) Est. Cost $252.69 Unrealized +49.2%

ADM ARCHER DANIELS MIDLAND CO 0.1%

Value $1.265M (+24.2%) Shares 17,409 (-1.8%) Est. Cost $57.63 Unrealized +13.9%

SCHW SCHWAB CHARLES CORP 0.2%

Value $2.287M (-8.7%) Shares 24,336 (-2.9%) Est. Cost $64.02 Unrealized +56.4%

BAC BANK AMERICA CORP 0.1%

Value $521K (-29.2%) Shares 10,680 (-20.2%) Est. Cost $32.53 Unrealized +65.0%

COST COSTCO WHOLESALE CORPORATION 0.3%

Value $2.753M (+8.0%) Shares 2,763 (-6.6%) Est. Cost $336.05 Unrealized +186.8%

GOVT ISHARES TR 0.1%

Value $600K (-24.3%) Shares 26,209 (-24.0%) Est. Cost $22.78 Unrealized —

IXUS ISHARES TR 0.1%

Value $614K (-23.2%) Shares 7,085 (-24.9%) Est. Cost $24.69 Unrealized —

WMT WALMART INC 0.7%

Value $6.551M (+2.8%) Shares 52,715 (-7.9%) Est. Cost $49.72 Unrealized +145.4%

RGLD ROYAL GOLD INC 0.1%

Value $1.271M (+12.2%) Shares 4,996 (-2.0%) Est. Cost $153.54 Unrealized +75.9%

PFE PFIZER INC 0.2%

Value $1.483M (+8.8%) Shares 52,802 (-3.5%) Est. Cost $26.89 Unrealized -2.7%

SCHP SCHWAB STRATEGIC TR 1.7%

Value $15.45M (-0.7%) Shares 580,584 (-1.2%) Est. Cost $37.72 Unrealized —

BP BP PLC 0.0%

Value $415K (+31.4%) Shares 8,823 (-2.9%) Est. Cost $33.43 Unrealized —

PKX POSCO HOLDINGS INC 0.2%

Value $2.214M (-4.3%) Shares 37,848 (-12.9%) Est. Cost $44.19 Unrealized —

B BARRICK MNG CORP 0.1%

Value $957K (-9.0%) Shares 23,461 (-2.9%) Est. Cost $20.81 Unrealized +132.1%

XME SPDR SERIES TRUST 0.5%

Value $4.301M (+2.2%) Shares 39,817 (-2.0%) Est. Cost $34.73 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.1%

Value $618K (+10.9%) Shares 3,044 (-7.4%) Est. Cost $50.74 Unrealized +306.0%

NEM NEWMONT CORP 0.1%

Value $1.066M (+5.4%) Shares 9,852 (-2.8%) Est. Cost $47.53 Unrealized +148.5%

PG PROCTER & GAMBLE CO 0.1%

Value $964K (-5.2%) Shares 6,672 (-5.9%) Est. Cost $87.66 Unrealized +73.1%

MRK MERCK & CO INC 0.0%

Value $399K (-8.8%) Shares 3,313 (-20.2%) Est. Cost $63.18 Unrealized +80.9%

MO ALTRIA GROUP INC 0.0%

Value $276K (-11.5%) Shares 4,187 (-22.7%) Est. Cost $46.64 Unrealized +35.2%

ABBV ABBVIE INC 0.0%

Value $425K (-6.3%) Shares 1,955 (-1.5%) Est. Cost $202.34 Unrealized +10.0%

SRE SEMPRA 0.1%

Value $562K (+1.3%) Shares 5,782 (-8.0%) Est. Cost $61.81 Unrealized +44.8%

TJX TJX COS INC NEW 0.1%

Value $530K (+0.5%) Shares 3,317 (-3.4%) Est. Cost $75.08 Unrealized +105.4%

T AT&T INC 0.1%

Value $649K (-0.0%) Shares 22,386 (-14.3%) Est. Cost $17.52 Unrealized +47.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	22,046 (-1.4%)	$8.161M (-24.6%)	0.9%	$333.72	+30.2%	COM	594918104
VBIL	VANGUARD INSTL INDEX FD	133,703 (-19.5%)	$10.11M (-19.2%)	1.1%	$75.60	—	0-3 MO TREAS BIL	922040845
CNQ	CANADIAN NAT RES LTD MED TER	140,435 (-1.3%)	$6.843M (+42.0%)	0.7%	$30.33	+22.6%	COM	136385101
WMB	WILLIAMS COS INC	165,941 (-1.1%)	$12.08M (+19.8%)	1.3%	$24.02	+176.3%	COM	969457100
CVX	CHEVRON CORPORATION	31,086 (-1.0%)	$6.432M (+34.4%)	0.7%	$135.85	+26.5%	COM	166764100
GLDM	WORLD GOLD TR	529,278 (-10.7%)	$49.06M (-3.1%)	5.3%	$33.62	—	SPDR GLD MINIS	98149E303
ALB	ALBEMARLE CORP	59,210 (-9.4%)	$10.63M (+15.0%)	1.1%	$103.55	+65.4%	COM	012653101
TRP	TC ENERGY CORP	258,036 (-5.6%)	$16.31M (+9.1%)	1.8%	$35.70	+63.1%	COM	87807B107
META	META PLATFORMS INC	12,090 (-3.0%)	$6.917M (-15.9%)	0.7%	$508.56	+28.9%	CL A	30303M102
AAPL	APPLE INC	43,987 (-3.1%)	$11.16M (-9.5%)	1.2%	$141.58	+85.6%	COM	037833100
JNJ	JOHNSON & JOHNSON	29,985 (-2.0%)	$7.33M (+15.8%)	0.8%	$121.28	+87.9%	COM	478160104
V	VISA INC	17,481 (-2.3%)	$5.283M (-15.8%)	0.6%	$208.15	+58.1%	COM CL A	92826C839
XLE	SELECT SECTOR SPDR TR	61,898 (-1.4%)	$3.792M (+35.1%)	0.4%	$63.01	—	STATE STREET ENE	81369Y506
LTPZ	PIMCO ETF TR	11,880 (-59.5%)	$606K (-60.1%)	0.1%	$52.53	—	15+ YR US TIPS	72201R304
SCCO	SOUTHERN COPPER CORP	94,034 (-12.9%)	$16.18M (+4.5%)	1.7%	$56.78	+229.9%	COM	84265V105
COP	CONOCOPHILLIPS	18,478 (-1.3%)	$2.439M (+39.2%)	0.3%	$79.60	+29.0%	COM	20825C104
UNH	UNITEDHEALTH GROUP INC	5,330 (-16.9%)	$1.442M (-31.9%)	0.2%	$312.91	-1.3%	COM	91324P102
ENFR	ALPS ETF TR	18,522 (-57.8%)	$708K (-48.7%)	0.1%	$31.45	—	ALERIAN ENERGY	00162Q676
VCSH	VANGUARD SCOTTSDALE FDS	39,871 (-15.9%)	$3.161M (-16.4%)	0.3%	$78.94	—	SHRT TRM CORP BD	92206C409
BLK	BLACKROCK INC	4,084 (-2.2%)	$3.928M (-12.1%)	0.4%	$840.24	+30.6%	COM	09290D101
VGK	VANGUARD INTL EQUITY INDEX F	188,215 (-2.0%)	$15.51M (-3.3%)	1.7%	$56.92	—	FTSE EUROPE ETF	922042874
SCHR	SCHWAB STRATEGIC TR	91,720 (-16.3%)	$2.285M (-16.9%)	0.2%	$25.26	—	INT-TRM U.S TRES	808524854
ADP	AUTOMATIC DATA PROCESSING IN	5,664 (-5.2%)	$1.151M (-25.1%)	0.1%	$151.24	+59.2%	COM	053015103
HD	HOME DEPOT INC	12,262 (-1.9%)	$4.033M (-6.3%)	0.4%	$252.69	+49.2%	COM	437076102
ADM	ARCHER DANIELS MIDLAND CO	17,409 (-1.8%)	$1.265M (+24.2%)	0.1%	$57.63	+13.9%	COM	039483102
SCHW	SCHWAB CHARLES CORP	24,336 (-2.9%)	$2.287M (-8.7%)	0.2%	$64.02	+56.4%	COM	808513105
BAC	BANK AMERICA CORP	10,680 (-20.2%)	$521K (-29.2%)	0.1%	$32.53	+65.0%	COM	060505104
COST	COSTCO WHOLESALE CORPORATION	2,763 (-6.6%)	$2.753M (+8.0%)	0.3%	$336.05	+186.8%	COM	22160K105
GOVT	ISHARES TR	26,209 (-24.0%)	$600K (-24.3%)	0.1%	$22.78	—	US TREAS BD ETF	46429B267
IXUS	ISHARES TR	7,085 (-24.9%)	$614K (-23.2%)	0.1%	$24.69	—	CORE MSCI TOTAL	46432F834
WMT	WALMART INC	52,715 (-7.9%)	$6.551M (+2.8%)	0.7%	$49.72	+145.4%	COM	931142103
RGLD	ROYAL GOLD INC	4,996 (-2.0%)	$1.271M (+12.2%)	0.1%	$153.54	+75.9%	COM	780287108
PFE	PFIZER INC	52,802 (-3.5%)	$1.483M (+8.8%)	0.2%	$26.89	-2.7%	COM	717081103
SCHP	SCHWAB STRATEGIC TR	580,584 (-1.2%)	$15.45M (-0.7%)	1.7%	$37.72	—	US TIPS ETF	808524870
BP	BP PLC	8,823 (-2.9%)	$415K (+31.4%)	0.0%	$33.43	—	SPONSORED ADR	055622104
PKX	POSCO HOLDINGS INC	37,848 (-12.9%)	$2.214M (-4.3%)	0.2%	$44.19	—	SPONSORED ADR	693483109
B	BARRICK MNG CORP	23,461 (-2.9%)	$957K (-9.0%)	0.1%	$20.81	+132.1%	COM SHS	06849F108
XME	SPDR SERIES TRUST	39,817 (-2.0%)	$4.301M (+2.2%)	0.5%	$34.73	—	STATE STREET SPD	78464A755
AEM	AGNICO EAGLE MINES LTD	3,044 (-7.4%)	$618K (+10.9%)	0.1%	$50.74	+306.0%	COM	008474108
NEM	NEWMONT CORP	9,852 (-2.8%)	$1.066M (+5.4%)	0.1%	$47.53	+148.5%	COM	651639106
PG	PROCTER & GAMBLE CO	6,672 (-5.9%)	$964K (-5.2%)	0.1%	$87.66	+73.1%	COM	742718109
MRK	MERCK & CO INC	3,313 (-20.2%)	$399K (-8.8%)	0.0%	$63.18	+80.9%	COM	58933Y105
MO	ALTRIA GROUP INC	4,187 (-22.7%)	$276K (-11.5%)	0.0%	$46.64	+35.2%	COM	02209S103
ABBV	ABBVIE INC	1,955 (-1.5%)	$425K (-6.3%)	0.0%	$202.34	+10.0%	COM	00287Y109
SRE	SEMPRA	5,782 (-8.0%)	$562K (+1.3%)	0.1%	$61.81	+44.8%	COM	816851109
TJX	TJX COS INC NEW	3,317 (-3.4%)	$530K (+0.5%)	0.1%	$75.08	+105.4%	COM	872540109
T	AT&T INC	22,386 (-14.3%)	$649K (-0.0%)	0.1%	$17.52	+47.0%	COM	00206R102

Unchanged Positions (71)

PICK ISHARES INC 3.1%

Value $28.75M Shares 507,961 Est. Cost $38.94 Unrealized —

ENB ENBRIDGE INC 1.8%

Value $16.75M Shares 309,358 Est. Cost $28.20 Unrealized +72.3%

VALE VALE S A 1.1%

Value $10.59M Shares 665,525 Est. Cost $12.90 Unrealized —

GOOG ALPHABET INC 2.2%

Value $20.6M Shares 71,827 Est. Cost $135.36 Unrealized +139.1%

RIO RIO TINTO PLC 1.5%

Value $13.51M Shares 144,834 Est. Cost $65.18 Unrealized —

OXY OCCIDENTAL PETE CORP 0.5%

Value $5.024M Shares 77,294 Est. Cost $40.49 Unrealized +12.2%

XOM EXXON MOBIL CORP 0.6%

Value $5.819M Shares 34,296 Est. Cost $100.75 Unrealized +37.7%

VPL VANGUARD INTL EQUITY INDEX F 2.6%

Value $24.47M Shares 250,403 Est. Cost $67.90 Unrealized —

EOG EOG RES INC 0.5%

Value $4.572M Shares 31,623 Est. Cost $99.04 Unrealized +13.2%

TTE TOTALENERGIES SE 0.4%

Value $3.976M Shares 43,700 Est. Cost $63.23 Unrealized +13.1%

PAYC PAYCOM SOFTWARE INC 0.3%

Value $3.211M Shares 26,422 Est. Cost $158.40 Unrealized -12.9%

DFSV DIMENSIONAL ETF TRUST 1.5%

Value $13.61M Shares 388,364 Est. Cost $29.48 Unrealized —

MKL MARKEL GROUP INC 0.8%

Value $7.136M Shares 3,728 Est. Cost $1591.13 Unrealized +30.6%

MA MASTERCARD INCORPORATED 0.5%

Value $4.835M Shares 9,677 Est. Cost $291.53 Unrealized +84.9%

IAU ISHARES GOLD TR 0.9%

Value $8.801M Shares 99,834 Est. Cost $31.54 Unrealized —

DE DEERE & CO 0.4%

Value $3.367M Shares 5,977 Est. Cost $393.93 Unrealized +40.0%

NVO NOVO-NORDISK A S 0.2%

Value $1.451M Shares 39,476 Est. Cost $50.88 Unrealized —

SU SUNCOR ENERGY INC NEW 0.2%

Value $1.403M Shares 21,224 Est. Cost $22.01 Unrealized +135.4%

INTC INTEL CORP 0.3%

Value $2.766M Shares 62,672 Est. Cost $41.19 Unrealized +12.7%

KKR KKR & CO INC 0.1%

Value $1.182M Shares 12,783 Est. Cost $116.65 Unrealized -1.6%

JPM JPMORGAN CHASE & CO 0.5%

Value $4.358M Shares 14,816 Est. Cost $125.96 Unrealized +147.2%

DISV DIMENSIONAL ETF TRUST 1.0%

Value $8.934M Shares 226,509 Est. Cost $32.88 Unrealized —

FNV FRANCO NEV CORP 0.2%

Value $2.251M Shares 9,110 Est. Cost $133.45 Unrealized +84.2%

IUSG ISHARES TR 0.5%

Value $4.277M Shares 27,574 Est. Cost $108.67 Unrealized —

SOBO SOUTH BOW CORP 0.2%

Value $1.648M Shares 49,462 Est. Cost $22.97 Unrealized +24.0%

CACC CREDIT ACCEP CORP MICH 0.6%

Value $5.696M Shares 13,450 Est. Cost $492.32 Unrealized -3.0%

IWV ISHARES TR 0.5%

Value $4.909M Shares 13,244 Est. Cost $263.18 Unrealized —

SQM SOCIEDAD QUIMICA Y MINERA DE 0.1%

Value $1.353M Shares 16,717 Est. Cost $52.05 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value $1.814M Shares 13,850 Est. Cost $65.20 Unrealized +114.5%

BKNG BOOKING HOLDINGS INC 0.1%

Value $686K Shares 163 Est. Cost $1942.71 Unrealized +146.1%

DEO DIAGEO PLC 0.1%

Value $1.135M Shares 15,246 Est. Cost $95.43 Unrealized —

NVDA NVIDIA CORPORATION 0.3%

Value $2.481M Shares 14,224 Est. Cost $126.82 Unrealized +47.2%

GLD SPDR GOLD TR 0.2%

Value $2.173M Shares 5,049 Est. Cost $169.47 Unrealized —

CAT CATERPILLAR INC 0.1%

Value $880K Shares 1,242 Est. Cost $210.92 Unrealized +224.5%

XBI SPDR SERIES TRUST 0.4%

Value $3.667M Shares 28,711 Est. Cost $89.29 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 2.6%

Value $24.18M Shares 447,428 Est. Cost $42.12 Unrealized —

LPLA LPL FINL HLDGS INC 0.1%

Value $682K Shares 2,266 Est. Cost $225.33 Unrealized +58.4%

KMX CARMAX INC 0.2%

Value $1.766M Shares 42,478 Est. Cost $39.99 Unrealized +12.2%

ETH GRAYSCALE ETHEREUM STAKING 0.0%

Value $264K Shares 13,314 Est. Cost $28.06 Unrealized —

AMGN AMGEN INC 0.1%

Value $1.342M Shares 3,813 Est. Cost $186.31 Unrealized +87.7%

IVV ISHARES TR 0.2%

Value $1.879M Shares 2,877 Est. Cost $669.30 Unrealized —

NVR NVR INC 0.1%

Value $824K Shares 125 Est. Cost $7166.99 Unrealized +6.4%

SHEL SHELL PLC 0.0%

Value $360K Shares 3,875 Est. Cost $73.06 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.2%

Value $1.545M Shares 1,826 Est. Cost $417.71 Unrealized +123.3%

FLKR FRANKLIN TEMPLETON ETF TR 0.0%

Value $307K Shares 7,704 Est. Cost $26.99 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.5%

Value $4.515M Shares 32,645 Est. Cost $112.78 Unrealized —

GOOGL ALPHABET INC 0.1%

Value $633K Shares 2,200 Est. Cost $285.60 Unrealized +13.2%

HDV ISHARES TR 0.1%

Value $474K Shares 3,496 Est. Cost $104.24 Unrealized —

EBAY EBAY INC. 0.1%

Value $1.058M Shares 11,627 Est. Cost $62.40 Unrealized +43.1%

STIP ISHARES TR 1.1%

Value $10.24M Shares 99,023 Est. Cost $97.48 Unrealized —

MGC VANGUARD WORLD FD 0.1%

Value $658K Shares 2,784 Est. Cost $152.48 Unrealized —

IEMG ISHARES INC 0.1%

Value $1.118M Shares 16,030 Est. Cost $54.11 Unrealized —

XLP SELECT SECTOR SPDR TR 0.1%

Value $718K Shares 8,756 Est. Cost $76.55 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.1%

Value $1.004M Shares 40,566 Est. Cost $5.94 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.1%

Value $1.32M Shares 20,601 Est. Cost $50.49 Unrealized —

SMH VANECK ETF TRUST 0.0%

Value $440K Shares 1,147 Est. Cost $278.88 Unrealized —

SCHB SCHWAB STRATEGIC TR 0.1%

Value $630K Shares 25,118 Est. Cost $6.45 Unrealized —

SGOL ETFS GOLD TR 0.0%

Value $315K Shares 7,056 Est. Cost $22.28 Unrealized —

EFA ISHARES TR 0.2%

Value $2.035M Shares 20,948 Est. Cost $88.99 Unrealized —

DFAT DIMENSIONAL ETF TRUST 0.0%

Value $454K Shares 7,264 Est. Cost $50.70 Unrealized —

PM PHILIP MORRIS INTL INC 0.1%

Value $606K Shares 3,666 Est. Cost $72.03 Unrealized +144.2%

VBR VANGUARD INDEX FDS 0.1%

Value $578K Shares 2,660 Est. Cost $258.01 Unrealized —

UNP UNION PAC CORP 0.0%

Value $288K Shares 1,188 Est. Cost $167.41 Unrealized +45.3%

LOW LOWES COS INC 0.1%

Value $573K Shares 2,424 Est. Cost $236.16 Unrealized +15.0%

SCHE SCHWAB STRATEGIC TR 0.2%

Value $1.413M Shares 42,893 Est. Cost $31.84 Unrealized —

IUSV ISHARES TR 0.4%

Value $3.646M Shares 35,658 Est. Cost $85.46 Unrealized —

VYM VANGUARD WHITEHALL FDS 0.0%

Value $311K Shares 2,101 Est. Cost $112.46 Unrealized —

VO VANGUARD INDEX FDS 0.1%

Value $790K Shares 2,750 Est. Cost $267.67 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.0%

Value $349K Shares 1,624 Est. Cost $193.99 Unrealized —

MCD MCDONALDS CORP 0.0%

Value $269K Shares 866 Est. Cost $301.40 Unrealized +5.3%

IBB ISHARES TR 0.3%

Value $2.845M Shares 16,847 Est. Cost $135.84 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PICK	ISHARES INC	507,961	$28.75M	3.1%	$38.94	—	MSCI GBL ETF NEW	46434G848
ENB	ENBRIDGE INC	309,358	$16.75M	1.8%	$28.20	+72.3%	COM	29250N105
VALE	VALE S A	665,525	$10.59M	1.1%	$12.90	—	SPONSORED ADS	91912E105
GOOG	ALPHABET INC	71,827	$20.6M	2.2%	$135.36	+139.1%	CAP STK CL C	02079K107
RIO	RIO TINTO PLC	144,834	$13.51M	1.5%	$65.18	—	SPONSORED ADR	767204100
OXY	OCCIDENTAL PETE CORP	77,294	$5.024M	0.5%	$40.49	+12.2%	COM	674599105
XOM	EXXON MOBIL CORP	34,296	$5.819M	0.6%	$100.75	+37.7%	COM	30231G102
VPL	VANGUARD INTL EQUITY INDEX F	250,403	$24.47M	2.6%	$67.90	—	FTSE PACIFIC ETF	922042866
EOG	EOG RES INC	31,623	$4.572M	0.5%	$99.04	+13.2%	COM	26875P101
TTE	TOTALENERGIES SE	43,700	$3.976M	0.4%	$63.23	+13.1%	ACT	F92124100
PAYC	PAYCOM SOFTWARE INC	26,422	$3.211M	0.3%	$158.40	-12.9%	COM	70432V102
DFSV	DIMENSIONAL ETF TRUST	388,364	$13.61M	1.5%	$29.48	—	US SMALL CAP VAL	25434V815
MKL	MARKEL GROUP INC	3,728	$7.136M	0.8%	$1591.13	+30.6%	COM	570535104
MA	MASTERCARD INCORPORATED	9,677	$4.835M	0.5%	$291.53	+84.9%	CL A	57636Q104
IAU	ISHARES GOLD TR	99,834	$8.801M	0.9%	$31.54	—	ISHARES NEW	464285204
DE	DEERE & CO	5,977	$3.367M	0.4%	$393.93	+40.0%	COM	244199105
NVO	NOVO-NORDISK A S	39,476	$1.451M	0.2%	$50.88	—	ADR	670100205
SU	SUNCOR ENERGY INC NEW	21,224	$1.403M	0.2%	$22.01	+135.4%	COM	867224107
INTC	INTEL CORP	62,672	$2.766M	0.3%	$41.19	+12.7%	COM	458140100
KKR	KKR & CO INC	12,783	$1.182M	0.1%	$116.65	-1.6%	COM	48251W104
JPM	JPMORGAN CHASE & CO	14,816	$4.358M	0.5%	$125.96	+147.2%	COM	46625H100
DISV	DIMENSIONAL ETF TRUST	226,509	$8.934M	1.0%	$32.88	—	INTL SMALL CAP V	25434V781
FNV	FRANCO NEV CORP	9,110	$2.251M	0.2%	$133.45	+84.2%	COM	351858105
IUSG	ISHARES TR	27,574	$4.277M	0.5%	$108.67	—	CORE S&P US GWT	464287671
SOBO	SOUTH BOW CORP	49,462	$1.648M	0.2%	$22.97	+24.0%	COM	83671M105
CACC	CREDIT ACCEP CORP MICH	13,450	$5.696M	0.6%	$492.32	-3.0%	COM	225310101
IWV	ISHARES TR	13,244	$4.909M	0.5%	$263.18	—	RUSSELL 3000 ETF	464287689
SQM	SOCIEDAD QUIMICA Y MINERA DE	16,717	$1.353M	0.1%	$52.05	—	SPON ADR SER B	833635105
WPM	WHEATON PRECIOUS METALS CORP	13,850	$1.814M	0.2%	$65.20	+114.5%	COM	962879102
BKNG	BOOKING HOLDINGS INC	163	$686K	0.1%	$1942.71	+146.1%	COM	09857L108
DEO	DIAGEO PLC	15,246	$1.135M	0.1%	$95.43	—	SPON ADR NEW	25243Q205
NVDA	NVIDIA CORPORATION	14,224	$2.481M	0.3%	$126.82	+47.2%	COM	67066G104
GLD	SPDR GOLD TR	5,049	$2.173M	0.2%	$169.47	—	GOLD SHS	78463V107
CAT	CATERPILLAR INC	1,242	$880K	0.1%	$210.92	+224.5%	COM	149123101
XBI	SPDR SERIES TRUST	28,711	$3.667M	0.4%	$89.29	—	STATE STREET SPD	78464A870
VWO	VANGUARD INTL EQUITY INDEX F	447,428	$24.18M	2.6%	$42.12	—	FTSE EMR MKT ETF	922042858
LPLA	LPL FINL HLDGS INC	2,266	$682K	0.1%	$225.33	+58.4%	COM	50212V100
KMX	CARMAX INC	42,478	$1.766M	0.2%	$39.99	+12.2%	COM	143130102
ETH	GRAYSCALE ETHEREUM STAKING	13,314	$264K	0.0%	$28.06	—	SHS NEW	38964R203
AMGN	AMGEN INC	3,813	$1.342M	0.1%	$186.31	+87.7%	COM	031162100
IVV	ISHARES TR	2,877	$1.879M	0.2%	$669.30	—	CORE S&P500 ETF	464287200
NVR	NVR INC	125	$824K	0.1%	$7166.99	+6.4%	COM	62944T105
SHEL	SHELL PLC	3,875	$360K	0.0%	$73.06	—	SPON ADS	780259305
GS	GOLDMAN SACHS GROUP INC	1,826	$1.545M	0.2%	$417.71	+123.3%	COM	38141G104
FLKR	FRANKLIN TEMPLETON ETF TR	7,704	$307K	0.0%	$26.99	—	FTSE SOUTH KOREA	35473P710
VT	VANGUARD INTL EQUITY INDEX F	32,645	$4.515M	0.5%	$112.78	—	TT WRLD ST ETF	922042742
GOOGL	ALPHABET INC	2,200	$633K	0.1%	$285.60	+13.2%	CAP STK CL A	02079K305
HDV	ISHARES TR	3,496	$474K	0.1%	$104.24	—	CORE HIGH DV ETF	46429B663
EBAY	EBAY INC.	11,627	$1.058M	0.1%	$62.40	+43.1%	COM	278642103
STIP	ISHARES TR	99,023	$10.24M	1.1%	$97.48	—	0-5 YR TIPS ETF	46429B747
MGC	VANGUARD WORLD FD	2,784	$658K	0.1%	$152.48	—	MEGA CAP INDEX	921910873
IEMG	ISHARES INC	16,030	$1.118M	0.1%	$54.11	—	CORE MSCI EMKT	46434G103
XLP	SELECT SECTOR SPDR TR	8,756	$718K	0.1%	$76.55	—	STATE STREET CON	81369Y308
SCHF	SCHWAB STRATEGIC TR	40,566	$1.004M	0.1%	$5.94	—	INTL EQTY ETF	808524805
VEA	VANGUARD TAX-MANAGED FDS	20,601	$1.32M	0.1%	$50.49	—	VAN FTSE DEV MKT	921943858
SMH	VANECK ETF TRUST	1,147	$440K	0.0%	$278.88	—	SEMICONDUCTR ETF	92189F676
SCHB	SCHWAB STRATEGIC TR	25,118	$630K	0.1%	$6.45	—	US BRD MKT ETF	808524102
SGOL	ETFS GOLD TR	7,056	$315K	0.0%	$22.28	—	PHYSCL GOLD SHS	00326A104
EFA	ISHARES TR	20,948	$2.035M	0.2%	$88.99	—	MSCI EAFE ETF	464287465
DFAT	DIMENSIONAL ETF TRUST	7,264	$454K	0.0%	$50.70	—	US TARGETED VLU	25434V609
PM	PHILIP MORRIS INTL INC	3,666	$606K	0.1%	$72.03	+144.2%	COM	718172109
VBR	VANGUARD INDEX FDS	2,660	$578K	0.1%	$258.01	—	SM CP VAL ETF	922908611
UNP	UNION PAC CORP	1,188	$288K	0.0%	$167.41	+45.3%	COM	907818108
LOW	LOWES COS INC	2,424	$573K	0.1%	$236.16	+15.0%	COM	548661107
SCHE	SCHWAB STRATEGIC TR	42,893	$1.413M	0.2%	$31.84	—	EMRG MKTEQ ETF	808524706
IUSV	ISHARES TR	35,658	$3.646M	0.4%	$85.46	—	CORE S&P US VLU	464287663
VYM	VANGUARD WHITEHALL FDS	2,101	$311K	0.0%	$112.46	—	HIGH DIV YLD	921946406
VO	VANGUARD INDEX FDS	2,750	$790K	0.1%	$267.67	—	MID CAP ETF	922908629
VIG	VANGUARD SPECIALIZED FUNDS	1,624	$349K	0.0%	$193.99	—	DIV APP ETF	921908844
MCD	MCDONALDS CORP	866	$269K	0.0%	$301.40	+5.3%	COM	580135101
IBB	ISHARES TR	16,847	$2.845M	0.3%	$135.84	—	ISHARES BIOTECH	464287556