Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	60,291	$30.02M	20.8%	$497.95	$504.52	-1.3%	CL B NEW	084670702
GOOG	ALPHABET INC	36,029	$12.28M	8.5%	$340.74	$344.72	-1.2%	CAP STK CL C	02079K107
BRK/A	BERKSHIRE HATHAWAY INC DEL	7	$5.229M	3.6%	$747005.00	$756667.44	-1.3%	CL A	084670108
GOOGL	ALPHABET INC	12,830	$4.415M	3.1%	$344.08	$347.07	-0.9%	CAP STK CL A	02079K305
XOM	EXXONMOBIL HOLDINGS CORP	23,961	$3.9M	2.7%	$162.75	$162.75	—	COM SHS A	30233Q108

Exited Positions (1)

XOM EXXON MOBIL CORP 2.4%

Value $3.385M Shares 24,761 Share Price $136.72 * Est. Cost/Share $112.36 Unrealized @ Report Date +44.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
XOM	EXXON MOBIL CORP	24,761	$3.385M	2.4%	$136.72 *	$112.36	+44.8%	—	30231G102

Decreased Positions (13)

MSFT MICROSOFT CORP 13.4%

Value $19.38M (+34.8%) Shares 37,776 (-2.0%) Share Price $512.90 Est. Cost/Share $420.90 Unrealized @ Report Date +21.9%

AAPL APPLE INC 5.7%

Value $8.233M (+11.9%) Shares 24,722 (-2.8%) Share Price $333.02 Est. Cost/Share $234.51 Unrealized @ Report Date +42.0%

COST COSTCO WHOLESALE CORPORATION 4.0%

Value $5.771M (-6.0%) Shares 6,339 (-3.4%) Share Price $910.34 Est. Cost/Share $924.02 Unrealized @ Report Date -1.5%

PANW PALO ALTO NETWORKS INC 1.8%

Value $2.617M (+11.6%) Shares 6,586 (-4.2%) Share Price $397.31 Est. Cost/Share $188.91 Unrealized @ Report Date +110.3%

PEP PEPSICO INC 1.1%

Value $1.534M (-13.6%) Shares 12,103 (-7.6%) Share Price $126.72 Est. Cost/Share $156.55 Unrealized @ Report Date -19.1%

NVS NOVARTIS AG 0.5%

Value $733K (-19.9%) Shares 5,141 (-12.0%) Share Price $142.57 Est. Cost/Share $106.64 Unrealized @ Report Date +33.7%

PG PROCTER & GAMBLE CO 1.7%

Value $2.4M (-4.5%) Shares 16,518 (-3.6%) Share Price $145.28 Est. Cost/Share $165.73 Unrealized @ Report Date -12.3%

JNJ JOHNSON & JOHNSON 2.0%

Value $2.889M (-3.6%) Shares 10,914 (-7.5%) Share Price $264.74 Est. Cost/Share $149.59 Unrealized @ Report Date +77.0%

JPM JPMORGAN CHASE & CO 2.4%

Value $3.502M (-2.8%) Shares 10,587 (-3.8%) Share Price $330.83 Est. Cost/Share $232.60 Unrealized @ Report Date +42.2%

DIS DISNEY WALT CO 1.6%

Value $2.336M (-3.4%) Shares 22,270 (-11.3%) Share Price $104.90 Est. Cost/Share $103.52 Unrealized @ Report Date +1.3%

AMZN AMAZON COM INC 8.9%

Value $12.86M (-0.5%) Shares 51,598 (-4.8%) Share Price $249.15 Est. Cost/Share $209.72 Unrealized @ Report Date +18.8%

DEO DIAGEO PLC 0.5%

Value $688K (-7.3%) Shares 8,040 (-13.0%) Share Price $85.60 Est. Cost/Share $127.22 Unrealized @ Report Date -32.7%

MORN MORNINGSTAR INC 0.5%

Value $791K (+4.3%) Shares 4,164 (-14.4%) Share Price $190.04 Est. Cost/Share $341.38 Unrealized @ Report Date -44.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	37,776 (-2.0%)	$19.38M (+34.8%)	13.4%	$512.90	$420.90	+21.9%	COM	594918104
AAPL	APPLE INC	24,722 (-2.8%)	$8.233M (+11.9%)	5.7%	$333.02	$234.51	+42.0%	COM	037833100
COST	COSTCO WHOLESALE CORPORATION	6,339 (-3.4%)	$5.771M (-6.0%)	4.0%	$910.34	$924.02	-1.5%	COM	22160K105
PANW	PALO ALTO NETWORKS INC	6,586 (-4.2%)	$2.617M (+11.6%)	1.8%	$397.31	$188.91	+110.3%	COM	697435105
PEP	PEPSICO INC	12,103 (-7.6%)	$1.534M (-13.6%)	1.1%	$126.72	$156.55	-19.1%	COM	713448108
NVS	NOVARTIS AG	5,141 (-12.0%)	$733K (-19.9%)	0.5%	$142.57	$106.64	+33.7%	SPONSORED ADR	66987V109
PG	PROCTER & GAMBLE CO	16,518 (-3.6%)	$2.4M (-4.5%)	1.7%	$145.28	$165.73	-12.3%	COM	742718109
JNJ	JOHNSON & JOHNSON	10,914 (-7.5%)	$2.889M (-3.6%)	2.0%	$264.74	$149.59	+77.0%	COM	478160104
JPM	JPMORGAN CHASE & CO	10,587 (-3.8%)	$3.502M (-2.8%)	2.4%	$330.83	$232.60	+42.2%	COM	46625H100
DIS	DISNEY WALT CO	22,270 (-11.3%)	$2.336M (-3.4%)	1.6%	$104.90	$103.52	+1.3%	COM	254687106
AMZN	AMAZON COM INC	51,598 (-4.8%)	$12.86M (-0.5%)	8.9%	$249.15	$209.72	+18.8%	COM	023135106
DEO	DIAGEO PLC	8,040 (-13.0%)	$688K (-7.3%)	0.5%	$85.60	$127.22	-32.7%	SPON ADR NEW	25243Q205
MORN	MORNINGSTAR INC	4,164 (-14.4%)	$791K (+4.3%)	0.5%	$190.04	$341.38	-44.3%	COM	617700109

Unchanged Positions (19)

MS MORGAN STANLEY 3.3%

Value $4.764M Shares 25,328 Share Price $188.08 Est. Cost/Share $119.51 Unrealized @ Report Date +57.4%

MKL MARKEL GROUP INC 2.4%

Value $3.478M Shares 2,031 Share Price $1712.45 Est. Cost/Share $1698.35 Unrealized @ Report Date +0.8%

META META PLATFORMS INC 1.1%

Value $1.602M Shares 2,209 Share Price $725.18 Est. Cost/Share $613.38 Unrealized @ Report Date +18.2%

ANET ARISTA NETWORKS INC 0.8%

Value $1.213M Shares 5,956 Share Price $203.59 Est. Cost/Share $102.84 Unrealized @ Report Date +98.0%

NOW SERVICENOW INC 0.5%

Value $697K Shares 5,200 Share Price $134.01 Est. Cost/Share $177.75 Unrealized @ Report Date -24.6%

AXP AMERICAN EXPRESS CO 1.1%

Value $1.543M Shares 5,074 Share Price $304.10 Est. Cost/Share $283.58 Unrealized @ Report Date +7.2%

NVDA NVIDIA CORPORATION 0.9%

Value $1.313M Shares 5,750 Share Price $228.38 Est. Cost/Share $137.79 Unrealized @ Report Date +65.7%

UNH UNITEDHEALTH GROUP INC 0.5%

Value $771K Shares 2,099 Share Price $367.08 Est. Cost/Share $552.89 Unrealized @ Report Date -33.6%

V VISA INC 1.5%

Value $2.152M Shares 5,990 Share Price $359.33 Est. Cost/Share $298.33 Unrealized @ Report Date +20.4%

LOW LOWES COS INC 0.3%

Value $432K Shares 2,344 Share Price $184.29 Est. Cost/Share $261.54 Unrealized @ Report Date -29.5%

LIN LINDE PLC 0.6%

Value $844K Shares 1,778 Share Price $474.65 Est. Cost/Share $448.71 Unrealized @ Report Date +5.8%

KO COCA COLA CO 0.7%

Value $1M Shares 11,615 Share Price $86.08 Est. Cost/Share $63.09 Unrealized @ Report Date +36.5%

CL COLGATE PALMOLIVE CO 0.5%

Value $668K Shares 7,825 Share Price $85.32 Est. Cost/Share $93.07 Unrealized @ Report Date -8.3%

MTB M & T BK CORP 0.2%

Value $256K Shares 1,175 Share Price $217.60 Est. Cost/Share $192.44 Unrealized @ Report Date +13.1%

IVV ISHARES TR 0.7%

Value $1.056M Shares 1,379 Share Price $765.85 Est. Cost/Share $591.75 Unrealized @ Report Date +29.4%

WFC WELLS FARGO & CO 0.3%

Value $451K Shares 5,630 Share Price $80.05 Est. Cost/Share $66.67 Unrealized @ Report Date +20.1%

ETN EATON CORP PLC 0.9%

Value $1.277M Shares 2,972 Share Price $429.71 Est. Cost/Share $347.11 Unrealized @ Report Date +23.8%

ECL ECOLAB INC 0.5%

Value $663K Shares 2,415 Share Price $274.58 Est. Cost/Share $245.53 Unrealized @ Report Date +11.8%

PAYX PAYCHEX INC 0.2%

Value $311K Shares 3,160 Share Price $98.50 Est. Cost/Share $137.31 Unrealized @ Report Date -28.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MS	MORGAN STANLEY	25,328	$4.764M	3.3%	$188.08	$119.51	+57.4%	COM NEW	617446448
MKL	MARKEL GROUP INC	2,031	$3.478M	2.4%	$1712.45	$1698.35	+0.8%	COM	570535104
META	META PLATFORMS INC	2,209	$1.602M	1.1%	$725.18	$613.38	+18.2%	CL A	30303M102
ANET	ARISTA NETWORKS INC	5,956	$1.213M	0.8%	$203.59	$102.84	+98.0%	COM SHS	040413205
NOW	SERVICENOW INC	5,200	$697K	0.5%	$134.01	$177.75	-24.6%	COM	81762P102
AXP	AMERICAN EXPRESS CO	5,074	$1.543M	1.1%	$304.10	$283.58	+7.2%	COM	025816109
NVDA	NVIDIA CORPORATION	5,750	$1.313M	0.9%	$228.38	$137.79	+65.7%	COM	67066G104
UNH	UNITEDHEALTH GROUP INC	2,099	$771K	0.5%	$367.08	$552.89	-33.6%	COM	91324P102
V	VISA INC	5,990	$2.152M	1.5%	$359.33	$298.33	+20.4%	COM CL A	92826C839
LOW	LOWES COS INC	2,344	$432K	0.3%	$184.29	$261.54	-29.5%	COM	548661107
LIN	LINDE PLC	1,778	$844K	0.6%	$474.65	$448.71	+5.8%	SHS	G54950103
KO	COCA COLA CO	11,615	$1M	0.7%	$86.08	$63.09	+36.5%	COM	191216100
CL	COLGATE PALMOLIVE CO	7,825	$668K	0.5%	$85.32	$93.07	-8.3%	COM	194162103
MTB	M & T BK CORP	1,175	$256K	0.2%	$217.60	$192.44	+13.1%	COM	55261F104
IVV	ISHARES TR	1,379	$1.056M	0.7%	$765.85	$591.75	+29.4%	CORE S&P500 ETF	464287200
WFC	WELLS FARGO & CO	5,630	$451K	0.3%	$80.05	$66.67	+20.1%	COM	949746101
ETN	EATON CORP PLC	2,972	$1.277M	0.9%	$429.71	$347.11	+23.8%	SHS	G29183103
ECL	ECOLAB INC	2,415	$663K	0.5%	$274.58	$245.53	+11.8%	COM	278865100
PAYX	PAYCHEX INC	3,160	$311K	0.2%	$98.50	$137.31	-28.3%	COM	704326107