Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GBIL	ACCESS TREASURY 0-1 YEAR ETF	20,023	$2.006M	0.5%	$100.16	—	ETF	381430529
ARW	ARROW ELECTRS INC COM	4,437	$947K	0.2%	$213.41	—	Stock	042735100
MGA	MAGNA INTL INC COM	9,273	$609K	0.2%	$65.66	—	Stock	559222401
C	CITIGROUP INC COM NEW	4,285	$600K	0.2%	$139.96	—	Stock	172967424
GM	GENERAL MTRS CO COM	5,734	$442K	0.1%	$77.08	—	Stock	37045V100
ELV	ELEVANCE HEALTH INC FORMERLY A COM	725	$280K	0.1%	$386.73	—	Stock	036752103
LEN	LENNAR CORP CL A	2,752	$249K	0.1%	$90.49	—	Stock	526057104
DG	DOLLAR GEN CORP COM	2,135	$246K	0.1%	$115.11	—	Stock	256677105
THO	THOR INDS INC COM	3,176	$239K	0.1%	$75.16	—	Stock	885160101
IPO	RENAISSANCE IPO ETF	3,910	$232K	0.1%	$59.42	—	ETF	759937204
LRCX	LAM RESEARCH CORP COM NEW	508	$220K	0.1%	$433.33	—	Stock	512807306
DIA	STATE STREET SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	420	$219K	0.1%	$522.39	—	ETF	78467X109
PPG	PPG INDS INC COM	1,800	$218K	0.1%	$121.29	—	Stock	693506107
—	CORNING CORP COM EXP 07-17-26 @170.000	300	$76,576	0.0%	—	—	PUT	219350955
—	DELL COM EXP 07-17-26 @230.000	100	$43,146	0.0%	—	—	PUT	24703L952
—	QUALCOMM 07-17-26 @175.000	200	$36,972	0.0%	—	—	PUT	747525953
—	MCDONALDS 07-17-26 @285.000	100	$27,031	0.0%	—	—	CALL	580135901

Increased Positions (33)

VTI VANGUARD TOTAL STOCK MARKET ETF 2.5%

Value $10.03M (+37.5%) Shares 27,116 (+19.2%) Est. Cost $290.05 Unrealized —

GVIP GOLDMAN SACHS HEDGE INDUSTRY VIP ETF 1.1%

Value $4.56M (+93.7%) Shares 24,163 (+49.6%) Est. Cost $137.40 Unrealized —

QCOM QUALCOMM INC COM 1.6%

Value $6.36M (+51.7%) Shares 34,418 (+5.7%) Est. Cost $131.06 Unrealized —

NVDA NVIDIA CORPORATION COM 2.5%

Value $9.806M (+26.6%) Shares 49,009 (+10.3%) Est. Cost $117.51 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC COM 2.1%

Value $8.349M (+27.4%) Shares 16,653 (+24.9%) Est. Cost $463.41 Unrealized —

VBIL VANGUARD 0-3 MONTH TREASURY BILL ETF 0.5%

Value $1.876M (+638.5%) Shares 24,783 (+638.2%) Est. Cost $75.68 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW 5.9%

Value $23.5M (+6.9%) Shares 46,971 (+2.4%) Est. Cost $277.42 Unrealized —

QXO QXO INC COM NEW 0.9%

Value $3.732M (+66.9%) Shares 215,998 (+87.6%) Est. Cost $17.86 Unrealized —

V VISA INC COM CL A 2.1%

Value $8.544M (+18.7%) Shares 24,902 (+4.5%) Est. Cost $220.76 Unrealized —

BATRA ATLANTA BRAVES HLDGS INC COM SER A 1.4%

Value $5.445M (+28.1%) Shares 96,702 (+7.2%) Est. Cost $43.49 Unrealized —

ESAB ESAB CORPORATION COM 1.6%

Value $6.483M (+22.4%) Shares 65,729 (+19.9%) Est. Cost $69.23 Unrealized —

MSFT MICROSOFT CORP COM 3.6%

Value $14.25M (+8.5%) Shares 38,209 (+7.7%) Est. Cost $304.24 Unrealized —

JNJ JOHNSON & JOHNSON COM 2.5%

Value $9.828M (+12.8%) Shares 38,698 (+8.5%) Est. Cost $150.91 Unrealized —

DE DEERE & CO COM 1.5%

Value $5.792M (+23.0%) Shares 9,130 (+9.2%) Est. Cost $416.73 Unrealized —

JPM JPMORGAN CHASE & CO COM 1.4%

Value $5.727M (+21.1%) Shares 17,496 (+8.8%) Est. Cost $158.06 Unrealized —

BLDR BUILDERS FIRSTSOURCE INC COM 1.4%

Value $5.45M (+19.7%) Shares 60,904 (+10.2%) Est. Cost $63.71 Unrealized —

MKL MARKEL GROUP INC COM 1.9%

Value $7.695M (+12.9%) Shares 3,940 (+10.6%) Est. Cost $1449.15 Unrealized —

CP CANADIAN PACIFIC KANSAS CITY COM 1.1%

Value $4.336M (+14.2%) Shares 50,029 (+3.4%) Est. Cost $79.57 Unrealized —

AMGN AMGEN INC COM 1.9%

Value $7.667M (+7.2%) Shares 21,171 (+4.2%) Est. Cost $260.93 Unrealized —

RSP INVESCO S&P 500 EQUAL WEIGHT ETF 0.3%

Value $1.18M (+70.3%) Shares 5,544 (+53.6%) Est. Cost $179.51 Unrealized —

CVX CHEVRON CORPORATION COM 0.3%

Value $1.15M (+64.7%) Shares 6,940 (+105.6%) Est. Cost $135.40 Unrealized —

QQQ INVESCO QQQ TRUST SERIES I 0.3%

Value $1.071M (+35.7%) Shares 1,454 (+6.4%) Est. Cost $409.30 Unrealized —

FDX FEDEX CORP COM 0.5%

Value $1.809M (+16.6%) Shares 5,776 (+32.7%) Est. Cost $264.42 Unrealized —

MCD MCDONALDS CORP COM 1.1%

Value $4.268M (+6.2%) Shares 15,790 (+22.1%) Est. Cost $251.77 Unrealized —

XLI STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF 0.3%

Value $1.338M (+16.0%) Shares 7,222 (+1.3%) Est. Cost $122.56 Unrealized —

AMTM AMENTUM HOLDINGS INC COM 1.3%

Value $5.171M (-2.8%) Shares 250,185 (+22.7%) Est. Cost $21.30 Unrealized —

BABA ALIBABA GROUP HLDG LTD SPONSORED ADS 0.7%

Value $2.816M (-4.9%) Shares 29,344 (+24.3%) Est. Cost $152.83 Unrealized —

VHT VANGUARD HEALTH CARE ETF 0.3%

Value $1.242M (+12.0%) Shares 4,152 (+2.0%) Est. Cost $272.85 Unrealized —

GDX VANECK GOLD MINERS ETF 0.2%

Value $645K (-14.3%) Shares 8,548 (+4.2%) Est. Cost $46.12 Unrealized —

EWZ ISHARES MSCI BRAZIL ETF 0.3%

Value $1.135M (-7.6%) Shares 32,903 (+2.8%) Est. Cost $29.36 Unrealized —

OKE ONEOK INC NEW COM 1.5%

Value $5.898M (+1.1%) Shares 67,843 (+5.1%) Est. Cost $74.00 Unrealized —

KKR KKR & CO INC COM 0.2%

Value $886K (+3.8%) Shares 9,655 (+4.6%) Est. Cost $131.70 Unrealized —

JPIE JPMORGAN INCOME ETF 0.2%

Value $706K (+4.7%) Shares 15,324 (+4.7%) Est. Cost $46.22 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VTI	VANGUARD TOTAL STOCK MARKET ETF	27,116 (+19.2%)	$10.03M (+37.5%)	2.5%	$290.05	—	ETF	922908769
GVIP	GOLDMAN SACHS HEDGE INDUSTRY VIP ETF	24,163 (+49.6%)	$4.56M (+93.7%)	1.1%	$137.40	—	ETF	381430545
QCOM	QUALCOMM INC COM	34,418 (+5.7%)	$6.36M (+51.7%)	1.6%	$131.06	—	Stock	747525103
NVDA	NVIDIA CORPORATION COM	49,009 (+10.3%)	$9.806M (+26.6%)	2.5%	$117.51	—	Stock	67066G104
TMO	THERMO FISHER SCIENTIFIC INC COM	16,653 (+24.9%)	$8.349M (+27.4%)	2.1%	$463.41	—	Stock	883556102
VBIL	VANGUARD 0-3 MONTH TREASURY BILL ETF	24,783 (+638.2%)	$1.876M (+638.5%)	0.5%	$75.68	—	ETF	922040845
BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	46,971 (+2.4%)	$23.5M (+6.9%)	5.9%	$277.42	—	Stock	084670702
QXO	QXO INC COM NEW	215,998 (+87.6%)	$3.732M (+66.9%)	0.9%	$17.86	—	Stock	82846H405
V	VISA INC COM CL A	24,902 (+4.5%)	$8.544M (+18.7%)	2.1%	$220.76	—	Stock	92826C839
BATRA	ATLANTA BRAVES HLDGS INC COM SER A	96,702 (+7.2%)	$5.445M (+28.1%)	1.4%	$43.49	—	Stock	047726104
ESAB	ESAB CORPORATION COM	65,729 (+19.9%)	$6.483M (+22.4%)	1.6%	$69.23	—	Stock	29605J106
MSFT	MICROSOFT CORP COM	38,209 (+7.7%)	$14.25M (+8.5%)	3.6%	$304.24	—	Stock	594918104
JNJ	JOHNSON & JOHNSON COM	38,698 (+8.5%)	$9.828M (+12.8%)	2.5%	$150.91	—	Stock	478160104
DE	DEERE & CO COM	9,130 (+9.2%)	$5.792M (+23.0%)	1.5%	$416.73	—	Stock	244199105
JPM	JPMORGAN CHASE & CO COM	17,496 (+8.8%)	$5.727M (+21.1%)	1.4%	$158.06	—	Stock	46625H100
BLDR	BUILDERS FIRSTSOURCE INC COM	60,904 (+10.2%)	$5.45M (+19.7%)	1.4%	$63.71	—	Stock	12008R107
MKL	MARKEL GROUP INC COM	3,940 (+10.6%)	$7.695M (+12.9%)	1.9%	$1449.15	—	Stock	570535104
CP	CANADIAN PACIFIC KANSAS CITY COM	50,029 (+3.4%)	$4.336M (+14.2%)	1.1%	$79.57	—	Stock	13646K108
AMGN	AMGEN INC COM	21,171 (+4.2%)	$7.667M (+7.2%)	1.9%	$260.93	—	Stock	031162100
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	5,544 (+53.6%)	$1.18M (+70.3%)	0.3%	$179.51	—	ETF	46137V357
CVX	CHEVRON CORPORATION COM	6,940 (+105.6%)	$1.15M (+64.7%)	0.3%	$135.40	—	Stock	166764100
QQQ	INVESCO QQQ TRUST SERIES I	1,454 (+6.4%)	$1.071M (+35.7%)	0.3%	$409.30	—	ETF	46090E103
FDX	FEDEX CORP COM	5,776 (+32.7%)	$1.809M (+16.6%)	0.5%	$264.42	—	Stock	31428X106
MCD	MCDONALDS CORP COM	15,790 (+22.1%)	$4.268M (+6.2%)	1.1%	$251.77	—	Stock	580135101
XLI	STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF	7,222 (+1.3%)	$1.338M (+16.0%)	0.3%	$122.56	—	ETF	81369Y704
AMTM	AMENTUM HOLDINGS INC COM	250,185 (+22.7%)	$5.171M (-2.8%)	1.3%	$21.30	—	Stock	023939101
BABA	ALIBABA GROUP HLDG LTD SPONSORED ADS	29,344 (+24.3%)	$2.816M (-4.9%)	0.7%	$152.83	—	ADR	01609W102
VHT	VANGUARD HEALTH CARE ETF	4,152 (+2.0%)	$1.242M (+12.0%)	0.3%	$272.85	—	ETF	92204A504
GDX	VANECK GOLD MINERS ETF	8,548 (+4.2%)	$645K (-14.3%)	0.2%	$46.12	—	ETF	92189F106
EWZ	ISHARES MSCI BRAZIL ETF	32,903 (+2.8%)	$1.135M (-7.6%)	0.3%	$29.36	—	ETF	464286400
OKE	ONEOK INC NEW COM	67,843 (+5.1%)	$5.898M (+1.1%)	1.5%	$74.00	—	Stock	682680103
KKR	KKR & CO INC COM	9,655 (+4.6%)	$886K (+3.8%)	0.2%	$131.70	—	Stock	48251W104
JPIE	JPMORGAN INCOME ETF	15,324 (+4.7%)	$706K (+4.7%)	0.2%	$46.22	—	ETF	46641Q159

Exited Positions (5)

XLC STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF 0.7%

Value $2.858M Shares 25,783 Est. Cost $100.17 Unrealized —

DHR DANAHER CORP DEL COM 0.2%

Value $960K Shares 5,063 Est. Cost $212.88 Unrealized —

ABT ABBOTT LABORATORIES COM 0.2%

Value $919K Shares 8,950 Est. Cost $100.54 Unrealized —

ABNB AIRBNB INC COM CL A 0.1%

Value $533K Shares 4,222 Est. Cost $127.31 Unrealized —

TSLA TESLA INC COM 0.1%

Value $302K Shares 813 Est. Cost $341.78 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLC	STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF	25,783	$2.858M	0.7%	$100.17	—	—	81369Y852
DHR	DANAHER CORP DEL COM	5,063	$960K	0.2%	$212.88	—	—	235851102
ABT	ABBOTT LABORATORIES COM	8,950	$919K	0.2%	$100.54	—	—	002824100
ABNB	AIRBNB INC COM CL A	4,222	$533K	0.1%	$127.31	—	—	009066101
TSLA	TESLA INC COM	813	$302K	0.1%	$341.78	—	—	88160R101

Decreased Positions (30)

GLW CORNING INC COM 5.0%

Value $20.09M (+67.9%) Shares 78,634 (-10.6%) Est. Cost $31.55 Unrealized —

DELL DELL TECHNOLOGIES INC CL C 3.3%

Value $12.99M (+77.0%) Shares 30,104 (-32.7%) Est. Cost $104.22 Unrealized —

GOOGL ALPHABET INC CAP STK CL A 6.5%

Value $25.71M (+21.0%) Shares 71,952 (-2.7%) Est. Cost $126.32 Unrealized —

ASML ASML HLDG NV N Y REGISTRY SHS 3.2%

Value $12.67M (+41.8%) Shares 6,367 (-5.9%) Est. Cost $727.52 Unrealized —

ECG EVERUS CONSTR GROUP COM 3.1%

Value $12.37M (+36.4%) Shares 74,538 (-3.0%) Est. Cost $62.26 Unrealized —

AMD ADVANCED MICRO DEVICES INC COM 1.5%

Value $6.152M (+96.5%) Shares 10,591 (-31.2%) Est. Cost $136.55 Unrealized —

AAPL APPLE INC COM 4.5%

Value $17.88M (+11.2%) Shares 61,779 (-2.5%) Est. Cost $133.62 Unrealized —

GOOG ALPHABET INC CAP STK CL C 2.3%

Value $8.993M (+17.1%) Shares 25,451 (-4.9%) Est. Cost $111.68 Unrealized —

LDOS LEIDOS HOLDINGS INC COM 0.1%

Value $465K (-66.9%) Shares 4,515 (-50.0%) Est. Cost $186.07 Unrealized —

COST COSTCO WHOLESALE CORPORATION COM 1.6%

Value $6.423M (-7.6%) Shares 6,866 (-1.6%) Est. Cost $466.24 Unrealized —

UBER UBER TECHNOLOGIES INC COM 0.4%

Value $1.527M (-23.6%) Shares 21,165 (-23.8%) Est. Cost $47.96 Unrealized —

NFLX NETFLIX INC. COM 0.3%

Value $1.272M (-26.8%) Shares 17,810 (-1.4%) Est. Cost $100.64 Unrealized —

AMAT APPLIED MATLS INC COM 0.2%

Value $788K (+105.9%) Shares 1,090 (-2.7%) Est. Cost $157.45 Unrealized —

NVT NVENT ELEC PLC SHS 0.4%

Value $1.708M (+24.8%) Shares 10,070 (-13.0%) Est. Cost $76.18 Unrealized —

AMZN AMAZON COM INC COM 1.0%

Value $3.986M (+8.7%) Shares 16,722 (-5.0%) Est. Cost $134.59 Unrealized —

MRK MERCK & CO INC COM 1.9%

Value $7.381M (+3.7%) Shares 57,439 (-3.0%) Est. Cost $81.83 Unrealized —

KWEB KRANESHARES CSI CHINA INTERNET ETF 0.2%

Value $955K (-18.2%) Shares 39,028 (-5.0%) Est. Cost $36.73 Unrealized —

CM CANADIAN IMPERIAL BANK OF COMM COM 0.3%

Value $1.369M (+14.8%) Shares 11,900 (-5.4%) Est. Cost $59.05 Unrealized —

META META PLATFORMS INC CL A 1.0%

Value $3.847M (-3.8%) Shares 6,829 (-2.3%) Est. Cost $621.29 Unrealized —

DIS DISNEY WALT CO COM 0.2%

Value $678K (-14.4%) Shares 7,039 (-14.3%) Est. Cost $133.91 Unrealized —

KO COCA COLA CO COM 0.3%

Value $1.257M (-7.9%) Shares 15,465 (-13.9%) Est. Cost $44.41 Unrealized —

XLE STATE STREET ENERGY SELECT SECTOR SPDR ETF 0.2%

Value $609K (-14.8%) Shares 11,470 (-1.7%) Est. Cost $54.26 Unrealized —

PEP PEPSICO INC COM 0.2%

Value $644K (-14.0%) Shares 4,755 (-1.3%) Est. Cost $123.53 Unrealized —

ADP AUTOMATIC DATA PROCESSING INC COM 0.1%

Value $560K (-9.7%) Shares 2,500 (-18.0%) Est. Cost $211.70 Unrealized —

FNF FIDELITY NATL FINL INC COM SHS 1.2%

Value $4.739M (-1.1%) Shares 100,489 (-2.8%) Est. Cost $34.17 Unrealized —

VOO VANGUARD S&P 500 ETF 0.1%

Value $523K (+10.6%) Shares 762 (-3.8%) Est. Cost $398.05 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L P COM 0.1%

Value $302K (-11.0%) Shares 8,203 (-8.4%) Est. Cost $24.89 Unrealized —

ET ENERGY TRANSFER L P COM UT LTD PTN 0.3%

Value $1.286M (-2.4%) Shares 67,275 (-1.5%) Est. Cost $16.27 Unrealized —

HD HOME DEPOT INC COM 0.2%

Value $734K (+4.1%) Shares 2,082 (-2.9%) Est. Cost $254.26 Unrealized —

AKRE AKRE FOCUS ETF 0.1%

Value $355K (-6.0%) Shares 6,675 (-6.6%) Est. Cost $52.85 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLW	CORNING INC COM	78,634 (-10.6%)	$20.09M (+67.9%)	5.0%	$31.55	—	Stock	219350105
DELL	DELL TECHNOLOGIES INC CL C	30,104 (-32.7%)	$12.99M (+77.0%)	3.3%	$104.22	—	Stock	24703L202
GOOGL	ALPHABET INC CAP STK CL A	71,952 (-2.7%)	$25.71M (+21.0%)	6.5%	$126.32	—	Stock	02079K305
ASML	ASML HLDG NV N Y REGISTRY SHS	6,367 (-5.9%)	$12.67M (+41.8%)	3.2%	$727.52	—	ADR	N07059210
ECG	EVERUS CONSTR GROUP COM	74,538 (-3.0%)	$12.37M (+36.4%)	3.1%	$62.26	—	Stock	300426103
AMD	ADVANCED MICRO DEVICES INC COM	10,591 (-31.2%)	$6.152M (+96.5%)	1.5%	$136.55	—	Stock	007903107
AAPL	APPLE INC COM	61,779 (-2.5%)	$17.88M (+11.2%)	4.5%	$133.62	—	Stock	037833100
GOOG	ALPHABET INC CAP STK CL C	25,451 (-4.9%)	$8.993M (+17.1%)	2.3%	$111.68	—	Stock	02079K107
LDOS	LEIDOS HOLDINGS INC COM	4,515 (-50.0%)	$465K (-66.9%)	0.1%	$186.07	—	Stock	525327102
COST	COSTCO WHOLESALE CORPORATION COM	6,866 (-1.6%)	$6.423M (-7.6%)	1.6%	$466.24	—	Stock	22160K105
UBER	UBER TECHNOLOGIES INC COM	21,165 (-23.8%)	$1.527M (-23.6%)	0.4%	$47.96	—	Stock	90353T100
NFLX	NETFLIX INC. COM	17,810 (-1.4%)	$1.272M (-26.8%)	0.3%	$100.64	—	Stock	64110L106
AMAT	APPLIED MATLS INC COM	1,090 (-2.7%)	$788K (+105.9%)	0.2%	$157.45	—	Stock	038222105
NVT	NVENT ELEC PLC SHS	10,070 (-13.0%)	$1.708M (+24.8%)	0.4%	$76.18	—	Stock	G6700G107
AMZN	AMAZON COM INC COM	16,722 (-5.0%)	$3.986M (+8.7%)	1.0%	$134.59	—	Stock	023135106
MRK	MERCK & CO INC COM	57,439 (-3.0%)	$7.381M (+3.7%)	1.9%	$81.83	—	Stock	58933Y105
KWEB	KRANESHARES CSI CHINA INTERNET ETF	39,028 (-5.0%)	$955K (-18.2%)	0.2%	$36.73	—	ETF	500767306
CM	CANADIAN IMPERIAL BANK OF COMM COM	11,900 (-5.4%)	$1.369M (+14.8%)	0.3%	$59.05	—	Stock	136069101
META	META PLATFORMS INC CL A	6,829 (-2.3%)	$3.847M (-3.8%)	1.0%	$621.29	—	Stock	30303M102
DIS	DISNEY WALT CO COM	7,039 (-14.3%)	$678K (-14.4%)	0.2%	$133.91	—	Stock	254687106
KO	COCA COLA CO COM	15,465 (-13.9%)	$1.257M (-7.9%)	0.3%	$44.41	—	Stock	191216100
XLE	STATE STREET ENERGY SELECT SECTOR SPDR ETF	11,470 (-1.7%)	$609K (-14.8%)	0.2%	$54.26	—	ETF	81369Y506
PEP	PEPSICO INC COM	4,755 (-1.3%)	$644K (-14.0%)	0.2%	$123.53	—	Stock	713448108
ADP	AUTOMATIC DATA PROCESSING INC COM	2,500 (-18.0%)	$560K (-9.7%)	0.1%	$211.70	—	Stock	053015103
FNF	FIDELITY NATL FINL INC COM SHS	100,489 (-2.8%)	$4.739M (-1.1%)	1.2%	$34.17	—	Stock	31620R303
VOO	VANGUARD S&P 500 ETF	762 (-3.8%)	$523K (+10.6%)	0.1%	$398.05	—	ETF	922908363
EPD	ENTERPRISE PRODS PARTNERS L P COM	8,203 (-8.4%)	$302K (-11.0%)	0.1%	$24.89	—	Stock	293792107
ET	ENERGY TRANSFER L P COM UT LTD PTN	67,275 (-1.5%)	$1.286M (-2.4%)	0.3%	$16.27	—	Stock	29273V100
HD	HOME DEPOT INC COM	2,082 (-2.9%)	$734K (+4.1%)	0.2%	$254.26	—	Stock	437076102
AKRE	AKRE FOCUS ETF	6,675 (-6.6%)	$355K (-6.0%)	0.1%	$52.85	—	ETF	74316P579

Unchanged Positions (33)

CRWD CROWDSTRIKE HLDGS INC CL A 1.0%

Value $3.816M Shares 5,000 Est. Cost $233.95 Unrealized —

FNV FRANCO NEV CORP COM 1.8%

Value $7.001M Shares 33,589 Est. Cost $119.88 Unrealized —

XLK STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF 1.1%

Value $4.47M Shares 23,460 Est. Cost $160.62 Unrealized —

URI UNITED RENTALS INC COM 0.5%

Value $2.19M Shares 1,933 Est. Cost $255.14 Unrealized —

LLY ELI LILLY & CO COM 0.8%

Value $3.103M Shares 2,587 Est. Cost $490.65 Unrealized —

WMT WALMART INC COM 0.9%

Value $3.595M Shares 31,745 Est. Cost $52.92 Unrealized —

DFSV DIMENSIONAL US SMALL CAP VALUE ETF 0.7%

Value $2.615M Shares 67,407 Est. Cost $35.04 Unrealized —

SPY STATE STREET SPDR S&P 500 ETF 0.4%

Value $1.672M Shares 2,239 Est. Cost $437.16 Unrealized —

CAT CATERPILLAR INC COM 0.1%

Value $536K Shares 503 Est. Cost $426.68 Unrealized —

MAR MARRIOTT INTL INC NEW CL A 0.4%

Value $1.616M Shares 4,360 Est. Cost $110.17 Unrealized —

XOM EXXON MOBIL CORP COM 0.2%

Value $643K Shares 4,700 Est. Cost $63.27 Unrealized —

AVGO BROADCOM INC COM 0.2%

Value $850K Shares 2,250 Est. Cost $149.22 Unrealized —

CSCO CISCO SYS INC COM 0.1%

Value $394K Shares 3,352 Est. Cost $73.79 Unrealized —

EMR EMERSON ELEC CO COM 0.4%

Value $1.545M Shares 10,795 Est. Cost $99.38 Unrealized —

KNF KNIFE RIVER CORP COMMON STOCK 1.2%

Value $4.653M Shares 55,618 Est. Cost $52.96 Unrealized —

MDU MDU RES GROUP INC COM 1.9%

Value $7.383M Shares 348,073 Est. Cost $13.17 Unrealized —

HACK AMPLIFY CYBERSECURITY ETF 0.1%

Value $399K Shares 3,800 Est. Cost $68.94 Unrealized —

EMXC ISHARES MSCI EMERGING MARKETS EX CHINA ETF 0.1%

Value $389K Shares 3,800 Est. Cost $59.20 Unrealized —

NOW SERVICENOW INC COM 0.4%

Value $1.63M Shares 16,420 Est. Cost $140.04 Unrealized —

REGN REGENERON PHARMACEUTICALS COM 0.1%

Value $341K Shares 547 Est. Cost $556.12 Unrealized —

IWR ISHARES RUSSELL MIDCAP ETF 0.1%

Value $582K Shares 5,280 Est. Cost $97.26 Unrealized —

BA BOEING CO COM 0.2%

Value $608K Shares 2,810 Est. Cost $199.73 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS COM 0.1%

Value $330K Shares 1,175 Est. Cost $241.83 Unrealized —

TRV TRAVELERS COMPANIES INC COM 0.1%

Value $283K Shares 856 Est. Cost $280.61 Unrealized —

DTM DT MIDSTREAM INC COMMON STOCK 0.1%

Value $389K Shares 2,651 Est. Cost $98.86 Unrealized —

PH PARKER-HANNIFIN CORP COM 0.1%

Value $377K Shares 385 Est. Cost $550.33 Unrealized —

MLM MARTIN MARIETTA MATLS INC COM 0.3%

Value $1.309M Shares 2,270 Est. Cost $259.31 Unrealized —

— NVIDIA CORP COM EXP [email protected] 0.1%

Value $200K Shares 1,000 Est. Cost — Unrealized —

WTM WHITE MTNS INS GROUP LTD COM 0.1%

Value $427K Shares 206 Est. Cost $956.51 Unrealized —

NSC NORFOLK SOUTHN CORP COM 0.1%

Value $267K Shares 850 Est. Cost $239.35 Unrealized —

TJX TJX COS INC NEW COM 0.1%

Value $327K Shares 2,160 Est. Cost $117.51 Unrealized —

NCDL NUVEEN CHURCHILL DIRECT LENDIN COM SHS 0.1%

Value $468K Shares 37,720 Est. Cost $14.61 Unrealized —

ZS ZSCALER INC COM 0.1%

Value $393K Shares 2,787 Est. Cost $170.38 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CRWD	CROWDSTRIKE HLDGS INC CL A	5,000	$3.816M	1.0%	$233.95	—	Stock	22788C105
FNV	FRANCO NEV CORP COM	33,589	$7.001M	1.8%	$119.88	—	Stock	351858105
XLK	STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	23,460	$4.47M	1.1%	$160.62	—	ETF	81369Y803
URI	UNITED RENTALS INC COM	1,933	$2.19M	0.5%	$255.14	—	Stock	911363109
LLY	ELI LILLY & CO COM	2,587	$3.103M	0.8%	$490.65	—	Stock	532457108
WMT	WALMART INC COM	31,745	$3.595M	0.9%	$52.92	—	Stock	931142103
DFSV	DIMENSIONAL US SMALL CAP VALUE ETF	67,407	$2.615M	0.7%	$35.04	—	ETF	25434V815
SPY	STATE STREET SPDR S&P 500 ETF	2,239	$1.672M	0.4%	$437.16	—	ETF	78462F103
CAT	CATERPILLAR INC COM	503	$536K	0.1%	$426.68	—	Stock	149123101
MAR	MARRIOTT INTL INC NEW CL A	4,360	$1.616M	0.4%	$110.17	—	Stock	571903202
XOM	EXXON MOBIL CORP COM	4,700	$643K	0.2%	$63.27	—	Stock	30231G102
AVGO	BROADCOM INC COM	2,250	$850K	0.2%	$149.22	—	Stock	11135F101
CSCO	CISCO SYS INC COM	3,352	$394K	0.1%	$73.79	—	Stock	17275R102
EMR	EMERSON ELEC CO COM	10,795	$1.545M	0.4%	$99.38	—	Stock	291011104
KNF	KNIFE RIVER CORP COMMON STOCK	55,618	$4.653M	1.2%	$52.96	—	Stock	498894104
MDU	MDU RES GROUP INC COM	348,073	$7.383M	1.9%	$13.17	—	Stock	552690109
HACK	AMPLIFY CYBERSECURITY ETF	3,800	$399K	0.1%	$68.94	—	ETF	032108664
EMXC	ISHARES MSCI EMERGING MARKETS EX CHINA ETF	3,800	$389K	0.1%	$59.20	—	ETF	46434G764
NOW	SERVICENOW INC COM	16,420	$1.63M	0.4%	$140.04	—	Stock	81762P102
REGN	REGENERON PHARMACEUTICALS COM	547	$341K	0.1%	$556.12	—	Stock	75886F107
IWR	ISHARES RUSSELL MIDCAP ETF	5,280	$582K	0.1%	$97.26	—	ETF	464287499
BA	BOEING CO COM	2,810	$608K	0.2%	$199.73	—	Stock	097023105
IBM	INTERNATIONAL BUSINESS MACHS COM	1,175	$330K	0.1%	$241.83	—	Stock	459200101
TRV	TRAVELERS COMPANIES INC COM	856	$283K	0.1%	$280.61	—	Stock	89417E109
DTM	DT MIDSTREAM INC COMMON STOCK	2,651	$389K	0.1%	$98.86	—	Stock	23345M107
PH	PARKER-HANNIFIN CORP COM	385	$377K	0.1%	$550.33	—	Stock	701094104
MLM	MARTIN MARIETTA MATLS INC COM	2,270	$1.309M	0.3%	$259.31	—	Stock	573284106
—	NVIDIA CORP COM EXP [email protected]	1,000	$200K	0.1%	—	—	CALL	99QBBMP75
WTM	WHITE MTNS INS GROUP LTD COM	206	$427K	0.1%	$956.51	—	Stock	G9618E107
NSC	NORFOLK SOUTHN CORP COM	850	$267K	0.1%	$239.35	—	Stock	655844108
TJX	TJX COS INC NEW COM	2,160	$327K	0.1%	$117.51	—	Stock	872540109
NCDL	NUVEEN CHURCHILL DIRECT LENDIN COM SHS	37,720	$468K	0.1%	$14.61	—	CEF	67090S108
ZS	ZSCALER INC COM	2,787	$393K	0.1%	$170.38	—	Stock	98980G102