Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PSN	PARSONS CORP DEL	122,400 (-52.2%)	$6.413M (-53.7%)	2.1%	$72.75	—	COM	70202L102
VRT	VERTIV HOLDINGS CO	197,569 (-25.0%)	$66.15M (+0.2%)	22.2%	$18.24	—	COM CL A	92537N108

Unchanged Positions (40)

DELL DELL TECHNOLOGIES INC 4.3%

Value $12.94M Shares 30,000 Est. Cost $113.89 Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 9.3%

Value $27.73M Shares 79,200 Est. Cost $157.66 Unrealized —

AMZN AMAZON COM INC 8.3%

Value $24.79M Shares 104,000 Est. Cost $123.70 Unrealized —

MIRM MIRUM PHARMACEUTICALS INC 4.8%

Value $14.4M Shares 122,980 Est. Cost $15.56 Unrealized —

BABA ALIBABA GROUP HLDG LTD 2.8%

Value $8.369M Shares 87,200 Est. Cost $132.23 Unrealized —

SPXC SPX TECHNOLOGIES INC 4.3%

Value $12.81M Shares 52,250 Est. Cost $171.70 Unrealized —

TCBI TEXAS CAP BANCSHARES INC 4.3%

Value $12.79M Shares 123,842 Est. Cost $63.88 Unrealized —

GWRE GUIDEWIRE SOFTWARE INC 1.4%

Value $4.061M Shares 33,000 Est. Cost $150.20 Unrealized —

BX BLACKSTONE INC 9.4%

Value $28.08M Shares 238,600 Est. Cost $120.14 Unrealized —

SSNC SS&C TECH HLDGS 1.7%

Value $5.076M Shares 81,800 Est. Cost $55.64 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 1.0%

Value $2.987M Shares 4,000 Est. Cost $450.25 Unrealized —

MDAI SPECTRAL AI INC 0.5%

Value $1.557M Shares 900,000 Est. Cost $8.29 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.7%

Value $2.106M Shares 9,900 Est. Cost $173.23 Unrealized —

GOOGL ALPHABET INC 0.3%

Value $786K Shares 2,200 Est. Cost $141.98 Unrealized —

CWST CASELLA WASTE SYS INC 0.2%

Value $582K Shares 6,000 Est. Cost $83.82 Unrealized —

DSGR DISTRIBUTION SOLUTIONS GRP I 0.8%

Value $2.349M Shares 85,899 Est. Cost $28.12 Unrealized —

GLD SPDR GOLD TR 0.1%

Value $427K Shares 1,160 Est. Cost $212.18 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $273K Shares 2,000 Est. Cost $98.09 Unrealized —

DMLP DORCHESTER MINERALS L P 0.3%

Value $835K Shares 33,077 Est. Cost $30.08 Unrealized —

DHR DANAHER CORP DEL 3.7%

Value $11.05M Shares 58,000 Est. Cost $193.93 Unrealized —

JPM JPMORGAN CHASE & CO 0.2%

Value $491K Shares 1,500 Est. Cost $173.61 Unrealized —

ACWI ISHARES TR 0.1%

Value $370K Shares 2,360 Est. Cost $84.88 Unrealized —

PM PHILIP MORRIS INTL INC 0.2%

Value $452K Shares 2,500 Est. Cost $84.95 Unrealized —

ADBE ADOBE INC 0.1%

Value $205K Shares 1,000 Est. Cost $319.83 Unrealized —

V VISA INC 0.1%

Value $240K Shares 700 Est. Cost $267.71 Unrealized —

MRK MERCK & CO INC 0.1%

Value $424K Shares 3,300 Est. Cost $115.77 Unrealized —

PSX PHILLIPS 66 0.1%

Value $338K Shares 2,000 Est. Cost $109.47 Unrealized —

SLB SLB LIMITED 0.1%

Value $234K Shares 5,040 Est. Cost $36.06 Unrealized —

WES WESTERN MIDSTREAM PARTNERS L 0.1%

Value $267K Shares 6,100 Est. Cost $34.14 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $363K Shares 725 Est. Cost $383.20 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 0.2%

Value $515K Shares 14,000 Est. Cost $28.07 Unrealized —

HD HOME DEPOT INC 0.1%

Value $220K Shares 625 Est. Cost $348.54 Unrealized —

MPLX MPLX LP 0.3%

Value $805K Shares 14,291 Est. Cost $41.66 Unrealized —

ARCC ARES CAPITAL CORP 0.1%

Value $259K Shares 14,000 Est. Cost $16.97 Unrealized —

META META PLATFORMS INC 0.1%

Value $310K Shares 550 Est. Cost $443.21 Unrealized —

DAKT DAKTRONICS INC 2.6%

Value $7.824M Shares 400,000 Est. Cost $8.75 Unrealized —

ET ENERGY TRANSFER L P 0.1%

Value $327K Shares 17,080 Est. Cost $15.74 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value $392K Shares 1,050 Est. Cost $399.26 Unrealized —

KRP KIMBELL RTY PARTNERS LP 0.1%

Value $320K Shares 22,000 Est. Cost $15.94 Unrealized —

PAGP PLAINS GP HLDGS L P 0.1%

Value $364K Shares 15,000 Est. Cost $18.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DELL	DELL TECHNOLOGIES INC	30,000	$12.94M	4.3%	$113.89	—	CL C	24703L202
KEYS	KEYSIGHT TECHNOLOGIES INC	79,200	$27.73M	9.3%	$157.66	—	COM	49338L103
AMZN	AMAZON COM INC	104,000	$24.79M	8.3%	$123.70	—	COM	023135106
MIRM	MIRUM PHARMACEUTICALS INC	122,980	$14.4M	4.8%	$15.56	—	COM	604749101
BABA	ALIBABA GROUP HLDG LTD	87,200	$8.369M	2.8%	$132.23	—	SPONSORED ADS	01609W102
SPXC	SPX TECHNOLOGIES INC	52,250	$12.81M	4.3%	$171.70	—	COM	78473E103
TCBI	TEXAS CAP BANCSHARES INC	123,842	$12.79M	4.3%	$63.88	—	COM	88224Q107
GWRE	GUIDEWIRE SOFTWARE INC	33,000	$4.061M	1.4%	$150.20	—	COM	40171V100
BX	BLACKSTONE INC	238,600	$28.08M	9.4%	$120.14	—	COM	09260D107
SSNC	SS&C TECH HLDGS	81,800	$5.076M	1.7%	$55.64	—	COM	78467J100
SPY	STATE STR SPDR S&P 500 ETF T	4,000	$2.987M	1.0%	$450.25	—	TR UNIT	78462F103
MDAI	SPECTRAL AI INC	900,000	$1.557M	0.5%	$8.29	—	COM CL A	84757T105
RSP	INVESCO EXCHANGE TRADED FD T	9,900	$2.106M	0.7%	$173.23	—	S&P500 EQL WGT	46137V357
GOOGL	ALPHABET INC	2,200	$786K	0.3%	$141.98	—	CAP STK CL A	02079K305
CWST	CASELLA WASTE SYS INC	6,000	$582K	0.2%	$83.82	—	CL A	147448104
DSGR	DISTRIBUTION SOLUTIONS GRP I	85,899	$2.349M	0.8%	$28.12	—	COM	520776105
GLD	SPDR GOLD TR	1,160	$427K	0.1%	$212.18	—	GOLD SHS	78463V107
XOM	EXXON MOBIL CORP	2,000	$273K	0.1%	$98.09	—	COM	30231G102
DMLP	DORCHESTER MINERALS L P	33,077	$835K	0.3%	$30.08	—	COM UNIT	25820R105
DHR	DANAHER CORP DEL	58,000	$11.05M	3.7%	$193.93	—	COM	235851102
JPM	JPMORGAN CHASE & CO	1,500	$491K	0.2%	$173.61	—	COM	46625H100
ACWI	ISHARES TR	2,360	$370K	0.1%	$84.88	—	MSCI ACWI ETF	464288257
PM	PHILIP MORRIS INTL INC	2,500	$452K	0.2%	$84.95	—	COM	718172109
ADBE	ADOBE INC	1,000	$205K	0.1%	$319.83	—	COM	00724F101
V	VISA INC	700	$240K	0.1%	$267.71	—	COM CL A	92826C839
MRK	MERCK & CO INC	3,300	$424K	0.1%	$115.77	—	COM	58933Y105
PSX	PHILLIPS 66	2,000	$338K	0.1%	$109.47	—	COM	718546104
SLB	SLB LIMITED	5,040	$234K	0.1%	$36.06	—	COM STK	806857108
WES	WESTERN MIDSTREAM PARTNERS L	6,100	$267K	0.1%	$34.14	—	COM UNIT LP INT	958669103
BRK/B	BERKSHIRE HATHAWAY INC DEL	725	$363K	0.1%	$383.20	—	CL B NEW	084670702
EPD	ENTERPRISE PRODS PARTNERS L	14,000	$515K	0.2%	$28.07	—	COM	293792107
HD	HOME DEPOT INC	625	$220K	0.1%	$348.54	—	COM	437076102
MPLX	MPLX LP	14,291	$805K	0.3%	$41.66	—	COM UNIT REP LTD	55336V100
ARCC	ARES CAPITAL CORP	14,000	$259K	0.1%	$16.97	—	COM	04010L103
META	META PLATFORMS INC	550	$310K	0.1%	$443.21	—	CL A	30303M102
DAKT	DAKTRONICS INC	400,000	$7.824M	2.6%	$8.75	—	COM	234264109
ET	ENERGY TRANSFER L P	17,080	$327K	0.1%	$15.74	—	COM UT LTD PTN	29273V100
MSFT	MICROSOFT CORP	1,050	$392K	0.1%	$399.26	—	COM	594918104
KRP	KIMBELL RTY PARTNERS LP	22,000	$320K	0.1%	$15.94	—	UNIT	49435R102
PAGP	PLAINS GP HLDGS L P	15,000	$364K	0.1%	$18.19	—	LTD PARTNR INT A	72651A207