DBK Financial Counsel, LLC Long-Term Concentrated

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BILS	SPDR SERIES TRUST	152,749 (+36.0%)	$15,156 (+35.6%)	11.6%	$99.41	—	STATE STREET SPD	78468R523
DFLV	DIMENSIONAL ETF TRUST	111,639 (+32.0%)	$3,819 (+37.2%)	2.9%	$30.53	—	US LARGE CAP VAL	25434V666
BSV	VANGUARD BD INDEX FDS	56,654 (+27.8%)	$4,465 (+27.6%)	3.4%	$74.85	—	SHORT TRM BOND	921937827
DFUS	DIMENSIONAL ETF TRUST	71,519 (+18.9%)	$5,305 (+21.8%)	4.1%	$46.64	—	US EQUITY MARKET	25434V401
DFAI	DIMENSIONAL ETF TRUST	135,604 (+14.2%)	$5,168 (+19.7%)	4.0%	$29.60	—	INTL CORE EQT MK	25434V203
AVUV	AMERICAN CENTY ETF TR	39,234 (+12.2%)	$4,001 (+15.0%)	3.1%	$79.01	—	US SML CP VALU	025072877
DFAS	DIMENSIONAL ETF TRUST	64,557 (+8.9%)	$4,498 (+10.8%)	3.5%	$56.98	—	US SMALL CAP ETF	25434V500
DFAE	DIMENSIONAL ETF TRUST	42,863 (+24.4%)	$1,396 (+28.5%)	1.1%	$27.22	—	EMGR CRE EQT MNG	25434V302
VOO	VANGUARD INDEX FDS	7,522 (+4.1%)	$4,717 (+6.6%)	3.6%	$434.71	—	S&P 500 ETF SHS	922908363
DFIS	DIMENSIONAL ETF TRUST	31,645 (+33.2%)	$1,042 (+38.7%)	0.8%	$27.94	—	INTL SMALL CAP E	25434V773
AVEM	AMERICAN CENTY ETF TR	17,075 (+19.8%)	$1,315 (+22.9%)	1.0%	$63.48	—	AVANTIS EMGMKT	025072604
GLD	SPDR GOLD TR	2,807 (+4.5%)	$1,112 (+16.5%)	0.9%	$184.53	—	GOLD SHS	78463V107
DFSV	DIMENSIONAL ETF TRUST	24,321 (+6.0%)	$800 (+9.5%)	0.6%	$30.75	—	US SMALL CAP VAL	25434V815
VNQ	VANGUARD INDEX FDS	12,490 (+4.0%)	$1,105 (+0.7%)	0.8%	$25.63	—	REAL ESTATE ETF	922908553

Decreased Positions (8)

VEA VANGUARD TAX-MANAGED FDS 7.6%

Value ($000) $9,863 (+2.1%) Shares 157,876 (-2.1%) Est. Cost $44.83 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 3.1%

Value ($000) $3,990 (-3.9%) Shares 74,216 (-3.1%) Est. Cost $47.78 Unrealized —

AVRE AMERICAN CENTY ETF TR 1.8%

Value ($000) $2,280 (-4.0%) Shares 52,381 (-1.9%) Est. Cost $43.23 Unrealized —

MSFT MICROSOFT CORP 0.7%

Value ($000) $859 (-8.5%) Shares 1,776 (-2.0%) Est. Cost $318.74 Unrealized +57.1%

VTI VANGUARD INDEX FDS 3.6%

Value ($000) $4,685 (+1.0%) Shares 13,974 (-1.1%) Est. Cost $243.51 Unrealized —

BIL SPDR SERIES TRUST 1.7%

Value ($000) $2,258 (-1.5%) Shares 24,715 (-1.1%) Est. Cost $75.50 Unrealized —

IWM ISHARES TR 1.6%

Value ($000) $2,092 (+0.7%) Shares 8,499 (-1.0%) Est. Cost $219.97 Unrealized —

IAU ISHARES GOLD TR 0.3%

Value ($000) $448 (+1.1%) Shares 5,517 (-9.3%) Est. Cost $72.77 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEA	VANGUARD TAX-MANAGED FDS	157,876 (-2.1%)	$9,863 (+2.1%)	7.6%	$44.83	—	VAN FTSE DEV MKT	921943858
VWO	VANGUARD INTL EQUITY INDEX F	74,216 (-3.1%)	$3,990 (-3.9%)	3.1%	$47.78	—	FTSE EMR MKT ETF	922042858
AVRE	AMERICAN CENTY ETF TR	52,381 (-1.9%)	$2,280 (-4.0%)	1.8%	$43.23	—	REAL ESTATE ETF	025072356
MSFT	MICROSOFT CORP	1,776 (-2.0%)	$859 (-8.5%)	0.7%	$318.74	+57.1%	COM	594918104
VTI	VANGUARD INDEX FDS	13,974 (-1.1%)	$4,685 (+1.0%)	3.6%	$243.51	—	TOTAL STK MKT	922908769
BIL	SPDR SERIES TRUST	24,715 (-1.1%)	$2,258 (-1.5%)	1.7%	$75.50	—	STATE STREET SPD	78468R663
IWM	ISHARES TR	8,499 (-1.0%)	$2,092 (+0.7%)	1.6%	$219.97	—	RUSSELL 2000 ETF	464287655
IAU	ISHARES GOLD TR	5,517 (-9.3%)	$448 (+1.1%)	0.3%	$72.77	—	ISHARES NEW	464285204

Unchanged Positions (37)

GOOG ALPHABET INC 0.7%

Value ($000) $952 Shares 3,035 Est. Cost $164.85 Unrealized +73.7%

SPY SPDR S&P 500 ETF TR 6.2%

Value ($000) $8,133 Shares 11,926 Est. Cost $463.94 Unrealized —

QQQ INVESCO QQQ TR 5.0%

Value ($000) $6,451 Shares 10,501 Est. Cost $397.87 Unrealized —

AAPL APPLE INC 1.3%

Value ($000) $1,696 Shares 6,239 Est. Cost $172.57 Unrealized +55.5%

SPHQ INVESCO EXCHANGE TRADED FD T 2.6%

Value ($000) $3,344 Shares 44,562 Est. Cost $55.69 Unrealized —

GDXJ VANECK ETF TRUST 0.4%

Value ($000) $559 Shares 4,911 Est. Cost $41.92 Unrealized —

GOOGL ALPHABET INC 0.2%

Value ($000) $302 Shares 965 Est. Cost $209.20 Unrealized +36.5%

IVV ISHARES TR 1.7%

Value ($000) $2,269 Shares 3,313 Est. Cost $477.08 Unrealized —

DISV DIMENSIONAL ETF TRUST 0.5%

Value ($000) $684 Shares 17,994 Est. Cost $28.31 Unrealized —

IJR ISHARES TR 2.6%

Value ($000) $3,380 Shares 28,123 Est. Cost $113.51 Unrealized —

IVE ISHARES TR 1.0%

Value ($000) $1,330 Shares 6,272 Est. Cost $175.80 Unrealized —

VV VANGUARD INDEX FDS 1.5%

Value ($000) $1,894 Shares 6,015 Est. Cost $239.65 Unrealized —

EEM ISHARES TR 1.0%

Value ($000) $1,347 Shares 24,613 Est. Cost $43.67 Unrealized —

CSCO CISCO SYS INC 0.2%

Value ($000) $239 Shares 3,097 Est. Cost $60.38 Unrealized +22.2%

IEFA ISHARES TR 0.9%

Value ($000) $1,139 Shares 12,737 Est. Cost $74.41 Unrealized —

AMZN AMAZON COM INC 0.4%

Value ($000) $532 Shares 2,305 Est. Cost $197.89 Unrealized +15.6%

DFAR DIMENSIONAL ETF TRUST 0.5%

Value ($000) $590 Shares 25,770 Est. Cost $16.62 Unrealized —

ANET ARISTA NETWORKS INC 0.2%

Value ($000) $210 Shares 1,600 Est. Cost $128.77 Unrealized +6.9%

AVUS AMERICAN CENTY ETF TR 0.7%

Value ($000) $848 Shares 7,590 Est. Cost $90.06 Unrealized —

SCHO SCHWAB STRATEGIC TR 2.0%

Value ($000) $2,593 Shares 106,413 Est. Cost $35.90 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 1.0%

Value ($000) $1,254 Shares 5,704 Est. Cost $193.99 Unrealized —

DFIV DIMENSIONAL ETF TRUST 0.2%

Value ($000) $252 Shares 5,045 Est. Cost $42.83 Unrealized —

IEMG ISHARES INC 0.7%

Value ($000) $850 Shares 12,647 Est. Cost $41.44 Unrealized —

AVDV AMERICAN CENTY ETF TR 0.2%

Value ($000) $300 Shares 3,195 Est. Cost $65.86 Unrealized —

DFIC DIMENSIONAL ETF TRUST 0.2%

Value ($000) $306 Shares 8,892 Est. Cost $32.79 Unrealized —

VB VANGUARD INDEX FDS 1.1%

Value ($000) $1,423 Shares 5,516 Est. Cost $220.54 Unrealized —

VUG VANGUARD INDEX FDS 0.6%

Value ($000) $809 Shares 1,659 Est. Cost $392.81 Unrealized —

EFA ISHARES TR 0.4%

Value ($000) $470 Shares 4,898 Est. Cost $63.55 Unrealized —

BSVO EA SERIES TRUST 0.3%

Value ($000) $354 Shares 15,175 Est. Cost $21.27 Unrealized —

DFAT DIMENSIONAL ETF TRUST 0.3%

Value ($000) $426 Shares 7,150 Est. Cost $38.95 Unrealized —

AVES AMERICAN CENTY ETF TR 0.4%

Value ($000) $573 Shares 9,830 Est. Cost $46.42 Unrealized —

AVSC AMERICAN CENTY ETF TR 0.2%

Value ($000) $221 Shares 3,757 Est. Cost $57.25 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.2%

Value ($000) $237 Shares 7,249 Est. Cost $29.62 Unrealized —

BIV VANGUARD BD INDEX FDS 0.4%

Value ($000) $530 Shares 6,801 Est. Cost $82.62 Unrealized —

TSLA TESLA INC 0.2%

Value ($000) $202 Shares 450 Est. Cost $346.84 Unrealized +27.8%

IWR ISHARES TR 0.4%

Value ($000) $491 Shares 5,105 Est. Cost $79.97 Unrealized —

NVDA NVIDIA CORPORATION 2.0%

Value ($000) $2,656 Shares 14,243 Est. Cost $100.45 Unrealized +85.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	3,035	$952	0.7%	$164.85	+73.7%	CAP STK CL C	02079K107
SPY	SPDR S&P 500 ETF TR	11,926	$8,133	6.2%	$463.94	—	TR UNIT	78462F103
QQQ	INVESCO QQQ TR	10,501	$6,451	5.0%	$397.87	—	UNIT SER 1	46090E103
AAPL	APPLE INC	6,239	$1,696	1.3%	$172.57	+55.5%	COM	037833100
SPHQ	INVESCO EXCHANGE TRADED FD T	44,562	$3,344	2.6%	$55.69	—	S&P500 QUALITY	46137V241
GDXJ	VANECK ETF TRUST	4,911	$559	0.4%	$41.92	—	JUNIOR GOLD MINE	92189F791
GOOGL	ALPHABET INC	965	$302	0.2%	$209.20	+36.5%	CAP STK CL A	02079K305
IVV	ISHARES TR	3,313	$2,269	1.7%	$477.08	—	CORE S&P500 ETF	464287200
DISV	DIMENSIONAL ETF TRUST	17,994	$684	0.5%	$28.31	—	INTL SMALL CAP V	25434V781
IJR	ISHARES TR	28,123	$3,380	2.6%	$113.51	—	CORE S&P SCP ETF	464287804
IVE	ISHARES TR	6,272	$1,330	1.0%	$175.80	—	S&P 500 VAL ETF	464287408
VV	VANGUARD INDEX FDS	6,015	$1,894	1.5%	$239.65	—	LARGE CAP ETF	922908637
EEM	ISHARES TR	24,613	$1,347	1.0%	$43.67	—	MSCI EMG MKT ETF	464287234
CSCO	CISCO SYS INC	3,097	$239	0.2%	$60.38	+22.2%	COM	17275R102
IEFA	ISHARES TR	12,737	$1,139	0.9%	$74.41	—	CORE MSCI EAFE	46432F842
AMZN	AMAZON COM INC	2,305	$532	0.4%	$197.89	+15.6%	COM	023135106
DFAR	DIMENSIONAL ETF TRUST	25,770	$590	0.5%	$16.62	—	US REAL ESTATE E	25434V823
ANET	ARISTA NETWORKS INC	1,600	$210	0.2%	$128.77	+6.9%	COM SHS	040413205
AVUS	AMERICAN CENTY ETF TR	7,590	$848	0.7%	$90.06	—	US EQT ETF	025072885
SCHO	SCHWAB STRATEGIC TR	106,413	$2,593	2.0%	$35.90	—	SHT TM US TRES	808524862
VIG	VANGUARD SPECIALIZED FUNDS	5,704	$1,254	1.0%	$193.99	—	DIV APP ETF	921908844
DFIV	DIMENSIONAL ETF TRUST	5,045	$252	0.2%	$42.83	—	INTERNATNAL VAL	25434V807
IEMG	ISHARES INC	12,647	$850	0.7%	$41.44	—	CORE MSCI EMKT	46434G103
AVDV	AMERICAN CENTY ETF TR	3,195	$300	0.2%	$65.86	—	INTL SMCP VLU	025072802
DFIC	DIMENSIONAL ETF TRUST	8,892	$306	0.2%	$32.79	—	INTL CORE EQUITY	25434V799
VB	VANGUARD INDEX FDS	5,516	$1,423	1.1%	$220.54	—	SMALL CP ETF	922908751
VUG	VANGUARD INDEX FDS	1,659	$809	0.6%	$392.81	—	GROWTH ETF	922908736
EFA	ISHARES TR	4,898	$470	0.4%	$63.55	—	MSCI EAFE ETF	464287465
BSVO	EA SERIES TRUST	15,175	$354	0.3%	$21.27	—	EA BRIDGEWAY OMN	02072L532
DFAT	DIMENSIONAL ETF TRUST	7,150	$426	0.3%	$38.95	—	US TARGETED VLU	25434V609
AVES	AMERICAN CENTY ETF TR	9,830	$573	0.4%	$46.42	—	EMERGING MKT VAL	025072372
AVSC	AMERICAN CENTY ETF TR	3,757	$221	0.2%	$57.25	—	AVANTIS US SMALL	025072323
SCHE	SCHWAB STRATEGIC TR	7,249	$237	0.2%	$29.62	—	EMRG MKTEQ ETF	808524706
BIV	VANGUARD BD INDEX FDS	6,801	$530	0.4%	$82.62	—	INTERMED TERM	921937819
TSLA	TESLA INC	450	$202	0.2%	$346.84	+27.8%	COM	88160R101
IWR	ISHARES TR	5,105	$491	0.4%	$79.97	—	RUS MID CAP ETF	464287499
NVDA	NVIDIA CORPORATION	14,243	$2,656	2.0%	$100.45	+85.3%	COM	67066G104