Waterford Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DFNM	DIMENSIONAL ETF TRUST	527,277	$23,838	9.3%	$45.21	—	NATL MUN BD ETF	25434V849
DFSV	DIMENSIONAL ETF TRUST	279,065	$10,063	3.9%	$36.06	—	US SMALL CAP VAL	25434V815
VOT	VANGUARD INDEX FDS	22,986	$5,773	2.3%	$251.17	—	MCAP GR IDXVIP	922908538
CBSH	COMMERCE BANCSHARES INC	44,863	$2,577	1.0%	$52.11	0.0%	COM	200525103
KEY	KEYCORP	83,952	$1,733	0.7%	$18.49	0.0%	COM	493267108
PGR	PROGRESSIVE CORP	7,056	$1,607	0.6%	$212.34	0.0%	COM	743315103
APH	AMPHENOL CORP NEW	6,284	$849	0.3%	$133.54	0.0%	CL A	032095101
EWZ	ISHARES INC	3,688	$685	0.3%	$185.77	—	MSCI BRAZIL ETF	464286400
SCHX	SCHWAB STRATEGIC TR	9,987	$274	0.1%	$27.43	—	US LRG CAP ETF	808524201

Increased Positions (8)

SCHG SCHWAB STRATEGIC TR 1.7%

Value ($000) $4,372 (+989.0%) Shares 147,643 (+1073.6%) Est. Cost $29.06 Unrealized —

VTV VANGUARD INDEX FDS 11.4%

Value ($000) $29,126 (+4.8%) Shares 152,498 (+2.3%) Est. Cost $182.97 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.9%

Value ($000) $2,264 (+50.1%) Shares 3 (+50.0%) Est. Cost $756670.75 Unrealized -1.4%

AAPL APPLE INC 0.9%

Value ($000) $2,304 (+8.5%) Shares 8,475 (+1.6%) Est. Cost $200.67 Unrealized +33.7%

NVDA NVIDIA CORPORATION 0.5%

Value ($000) $1,157 (+3.1%) Shares 6,202 (+3.2%) Est. Cost $116.51 Unrealized +59.8%

AMZN AMAZON COM INC 0.1%

Value ($000) $286 (+7.6%) Shares 1,241 (+2.4%) Est. Cost $197.01 Unrealized +16.1%

VOO VANGUARD INDEX FDS 0.1%

Value ($000) $294 (+4.6%) Shares 469 (+2.2%) Est. Cost $80.91 Unrealized —

META META PLATFORMS INC 0.1%

Value ($000) $345 (+2.2%) Shares 522 (+13.7%) Est. Cost $621.43 Unrealized +7.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHG	SCHWAB STRATEGIC TR	147,643 (+1073.6%)	$4,372 (+989.0%)	1.7%	$29.06	—	US LCAP GR ETF	808524300
VTV	VANGUARD INDEX FDS	152,498 (+2.3%)	$29,126 (+4.8%)	11.4%	$182.97	—	VALUE ETF	922908744
BRK/A	BERKSHIRE HATHAWAY INC DEL	3 (+50.0%)	$2,264 (+50.1%)	0.9%	$756670.75	-1.4%	CL A	084670108
AAPL	APPLE INC	8,475 (+1.6%)	$2,304 (+8.5%)	0.9%	$200.67	+33.7%	COM	037833100
NVDA	NVIDIA CORPORATION	6,202 (+3.2%)	$1,157 (+3.1%)	0.5%	$116.51	+59.8%	COM	67066G104
AMZN	AMAZON COM INC	1,241 (+2.4%)	$286 (+7.6%)	0.1%	$197.01	+16.1%	COM	023135106
VOO	VANGUARD INDEX FDS	469 (+2.2%)	$294 (+4.6%)	0.1%	$80.91	—	S&P 500 ETF SHS	922908363
META	META PLATFORMS INC	522 (+13.7%)	$345 (+2.2%)	0.1%	$621.43	+7.4%	CL A	30303M102

Exited Positions (15)

BNDX VANGUARD CHARLOTTE FDS 6.9%

Value ($000) $17,618 Shares 356,207 Est. Cost $49.46 Unrealized —

BSV VANGUARD BD INDEX FDS 5.6%

Value ($000) $14,232 Shares 180,361 Est. Cost $78.89 Unrealized —

BLV VANGUARD BD INDEX FDS 4.1%

Value ($000) $10,515 Shares 148,409 Est. Cost $70.72 Unrealized —

FNDE SCHWAB STRATEGIC TR 4.0%

Value ($000) $10,282 Shares 284,343 Est. Cost $30.83 Unrealized —

SCHZ SCHWAB STRATEGIC TR 3.5%

Value ($000) $9,020 Shares 384,326 Est. Cost $23.46 Unrealized —

REET ISHARES TR 3.1%

Value ($000) $8,016 Shares 313,620 Est. Cost $23.44 Unrealized —

MGC VANGUARD WORLD FD 2.3%

Value ($000) $5,846 Shares 23,949 Est. Cost $235.16 Unrealized —

MUB ISHARES TR 1.4%

Value ($000) $3,525 Shares 33,098 Est. Cost $106.46 Unrealized —

VNQ VANGUARD INDEX FDS 0.6%

Value ($000) $1,630 Shares 17,832 Est. Cost $73.05 Unrealized —

URTH ISHARES INC 0.3%

Value ($000) $670 Shares 3,688 Est. Cost $21.86 Unrealized —

— ISHARES TR 0.2%

Value ($000) $433 Shares 17,172 Est. Cost $25.18 Unrealized —

NFG NATIONAL FUEL GAS CO 0.1%

Value ($000) $289 Shares 3,131 Est. Cost $80.46 Unrealized +2.4%

SCHD SCHWAB STRATEGIC TR 0.1%

Value ($000) $273 Shares 9,987 Est. Cost $18.82 Unrealized —

IBDT ISHARES TR 0.1%

Value ($000) $246 Shares 9,656 Est. Cost $25.52 Unrealized —

ABBV ABBVIE INC 0.1%

Value ($000) $213 Shares 919 Est. Cost $201.95 Unrealized +12.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BNDX	VANGUARD CHARLOTTE FDS	356,207	$17,618	6.9%	$49.46	—	—	92203J407
BSV	VANGUARD BD INDEX FDS	180,361	$14,232	5.6%	$78.89	—	—	921937827
BLV	VANGUARD BD INDEX FDS	148,409	$10,515	4.1%	$70.72	—	—	921937793
FNDE	SCHWAB STRATEGIC TR	284,343	$10,282	4.0%	$30.83	—	—	808524730
SCHZ	SCHWAB STRATEGIC TR	384,326	$9,020	3.5%	$23.46	—	—	808524839
REET	ISHARES TR	313,620	$8,016	3.1%	$23.44	—	—	46434V647
MGC	VANGUARD WORLD FD	23,949	$5,846	2.3%	$235.16	—	—	921910873
MUB	ISHARES TR	33,098	$3,525	1.4%	$106.46	—	—	464288414
VNQ	VANGUARD INDEX FDS	17,832	$1,630	0.6%	$73.05	—	—	922908553
URTH	ISHARES INC	3,688	$670	0.3%	$21.86	—	—	464286392
—	ISHARES TR	17,172	$433	0.2%	$25.18	—	—	46434VBD1
NFG	NATIONAL FUEL GAS CO	3,131	$289	0.1%	$80.46	+2.4%	—	636180101
SCHD	SCHWAB STRATEGIC TR	9,987	$273	0.1%	$18.82	—	—	808524797
IBDT	ISHARES TR	9,656	$246	0.1%	$25.52	—	—	46435U515
ABBV	ABBVIE INC	919	$213	0.1%	$201.95	+12.7%	—	00287Y109

Decreased Positions (13)

SCHV SCHWAB STRATEGIC TR 0.4%

Value ($000) $1,140 (-73.8%) Shares 34,807 (-76.7%) Est. Cost $14.51 Unrealized —

VUG VANGUARD INDEX FDS 11.8%

Value ($000) $30,095 (-3.1%) Shares 61,689 (-4.8%) Est. Cost $470.67 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.2%

Value ($000) $410 (-68.6%) Shares 12,580 (-67.9%) Est. Cost $33.37 Unrealized —

IVV ISHARES TR 23.8%

Value ($000) $61,026 (-0.3%) Shares 89,097 (-2.6%) Est. Cost $648.05 Unrealized —

MSFT MICROSOFT CORP 0.5%

Value ($000) $1,320 (-9.4%) Shares 2,730 (-3.0%) Est. Cost $392.51 Unrealized +27.5%

SCHA SCHWAB STRATEGIC TR 7.5%

Value ($000) $19,213 (+0.5%) Shares 674,601 (-1.5%) Est. Cost $27.78 Unrealized —

CAT CATERPILLAR INC 0.2%

Value ($000) $507 (+16.6%) Shares 885 (-2.9%) Est. Cost $322.44 Unrealized +72.3%

MRK MERCK & CO INC 0.1%

Value ($000) $292 (+15.1%) Shares 2,778 (-8.3%) Est. Cost $84.78 Unrealized +10.0%

RSP INVESCO EXCHANGE TRADED FD T 1.0%

Value ($000) $2,617 (-0.9%) Shares 13,663 (-1.9%) Est. Cost $179.33 Unrealized —

SCHB SCHWAB STRATEGIC TR 0.2%

Value ($000) $570 (-3.3%) Shares 21,744 (-5.2%) Est. Cost $5.78 Unrealized —

EFA ISHARES TR 0.3%

Value ($000) $878 (+1.7%) Shares 9,146 (-1.1%) Est. Cost $69.70 Unrealized —

V VISA INC 0.2%

Value ($000) $453 (-1.1%) Shares 1,292 (-3.7%) Est. Cost $338.15 Unrealized +0.7%

SPY SPDR S&P 500 ETF TR 0.4%

Value ($000) $908 (+0.5%) Shares 1,332 (-1.8%) Est. Cost $47.82 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHV	SCHWAB STRATEGIC TR	34,807 (-76.7%)	$1,140 (-73.8%)	0.4%	$14.51	—	US LCAP VA ETF	808524409
VUG	VANGUARD INDEX FDS	61,689 (-4.8%)	$30,095 (-3.1%)	11.8%	$470.67	—	GROWTH ETF	922908736
SCHE	SCHWAB STRATEGIC TR	12,580 (-67.9%)	$410 (-68.6%)	0.2%	$33.37	—	EMRG MKTEQ ETF	808524706
IVV	ISHARES TR	89,097 (-2.6%)	$61,026 (-0.3%)	23.8%	$648.05	—	CORE S&P500 ETF	464287200
MSFT	MICROSOFT CORP	2,730 (-3.0%)	$1,320 (-9.4%)	0.5%	$392.51	+27.5%	COM	594918104
SCHA	SCHWAB STRATEGIC TR	674,601 (-1.5%)	$19,213 (+0.5%)	7.5%	$27.78	—	US SML CAP ETF	808524607
CAT	CATERPILLAR INC	885 (-2.9%)	$507 (+16.6%)	0.2%	$322.44	+72.3%	COM	149123101
MRK	MERCK & CO INC	2,778 (-8.3%)	$292 (+15.1%)	0.1%	$84.78	+10.0%	COM	58933Y105
RSP	INVESCO EXCHANGE TRADED FD T	13,663 (-1.9%)	$2,617 (-0.9%)	1.0%	$179.33	—	S&P500 EQL WGT	46137V357
SCHB	SCHWAB STRATEGIC TR	21,744 (-5.2%)	$570 (-3.3%)	0.2%	$5.78	—	US BRD MKT ETF	808524102
EFA	ISHARES TR	9,146 (-1.1%)	$878 (+1.7%)	0.3%	$69.70	—	MSCI EAFE ETF	464287465
V	VISA INC	1,292 (-3.7%)	$453 (-1.1%)	0.2%	$338.15	+0.7%	COM CL A	92826C839
SPY	SPDR S&P 500 ETF TR	1,332 (-1.8%)	$908 (+0.5%)	0.4%	$47.82	—	TR UNIT	78462F103

Unchanged Positions (18)

VEA VANGUARD TAX-MANAGED FDS 9.5%

Value ($000) $24,342 Shares 389,663 Est. Cost $59.81 Unrealized —

RTX RTX CORPORATION 1.1%

Value ($000) $2,770 Shares 15,105 Est. Cost $130.77 Unrealized +32.5%

SCHF SCHWAB STRATEGIC TR 2.0%

Value ($000) $5,099 Shares 212,113 Est. Cost $12.17 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 4.3%

Value ($000) $10,921 Shares 203,140 Est. Cost $54.09 Unrealized —

CARR CARRIER GLOBAL CORPORATION 0.3%

Value ($000) $707 Shares 13,381 Est. Cost $64.82 Unrealized -14.3%

HD HOME DEPOT INC 0.2%

Value ($000) $452 Shares 1,313 Est. Cost $310.60 Unrealized +17.4%

AMGN AMGEN INC 0.1%

Value ($000) $341 Shares 1,041 Est. Cost $262.46 Unrealized +20.4%

OTIS OTIS WORLDWIDE CORP 0.2%

Value ($000) $584 Shares 6,690 Est. Cost $84.11 Unrealized +6.1%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $236 Shares 1,141 Est. Cost $169.51 Unrealized +16.2%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $325 Shares 2,702 Est. Cost $103.21 Unrealized +11.9%

SO SOUTHERN CO 0.1%

Value ($000) $233 Shares 2,671 Est. Cost $87.78 Unrealized +3.6%

SHW SHERWIN WILLIAMS CO 0.1%

Value ($000) $283 Shares 873 Est. Cost $343.82 Unrealized -2.8%

JPM JPMORGAN CHASE & CO. 0.3%

Value ($000) $713 Shares 2,213 Est. Cost $205.95 Unrealized +50.3%

BAC BANK AMERICA CORP 0.1%

Value ($000) $227 Shares 4,131 Est. Cost $48.34 Unrealized +8.9%

VB VANGUARD INDEX FDS 0.4%

Value ($000) $962 Shares 3,729 Est. Cost $2.28 Unrealized —

EEM ISHARES TR 0.1%

Value ($000) $272 Shares 4,967 Est. Cost $50.64 Unrealized —

CVX CHEVRON CORP NEW 0.1%

Value ($000) $210 Shares 1,379 Est. Cost $152.28 Unrealized -0.6%

TSLA TESLA INC 0.1%

Value ($000) $323 Shares 719 Est. Cost $301.28 Unrealized +47.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEA	VANGUARD TAX-MANAGED FDS	389,663	$24,342	9.5%	$59.81	—	VAN FTSE DEV MKT	921943858
RTX	RTX CORPORATION	15,105	$2,770	1.1%	$130.77	+32.5%	COM	75513E101
SCHF	SCHWAB STRATEGIC TR	212,113	$5,099	2.0%	$12.17	—	INTL EQTY ETF	808524805
VWO	VANGUARD INTL EQUITY INDEX F	203,140	$10,921	4.3%	$54.09	—	FTSE EMR MKT ETF	922042858
CARR	CARRIER GLOBAL CORPORATION	13,381	$707	0.3%	$64.82	-14.3%	COM	14448C104
HD	HOME DEPOT INC	1,313	$452	0.2%	$310.60	+17.4%	COM	437076102
AMGN	AMGEN INC	1,041	$341	0.1%	$262.46	+20.4%	COM	031162100
OTIS	OTIS WORLDWIDE CORP	6,690	$584	0.2%	$84.11	+6.1%	COM	68902V107
JNJ	JOHNSON & JOHNSON	1,141	$236	0.1%	$169.51	+16.2%	COM	478160104
XOM	EXXON MOBIL CORP	2,702	$325	0.1%	$103.21	+11.9%	COM	30231G102
SO	SOUTHERN CO	2,671	$233	0.1%	$87.78	+3.6%	COM	842587107
SHW	SHERWIN WILLIAMS CO	873	$283	0.1%	$343.82	-2.8%	COM	824348106
JPM	JPMORGAN CHASE & CO.	2,213	$713	0.3%	$205.95	+50.3%	COM	46625H100
BAC	BANK AMERICA CORP	4,131	$227	0.1%	$48.34	+8.9%	COM	060505104
VB	VANGUARD INDEX FDS	3,729	$962	0.4%	$2.28	—	SMALL CP ETF	922908751
EEM	ISHARES TR	4,967	$272	0.1%	$50.64	—	MSCI EMG MKT ETF	464287234
CVX	CHEVRON CORP NEW	1,379	$210	0.1%	$152.28	-0.6%	COM	166764100
TSLA	TESLA INC	719	$323	0.1%	$301.28	+47.1%	COM	88160R101