Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMAT	APPLIED MATLS INC	142,577 (+1.2%)	$72.91M (-28.4%)	5.2%	$511.38	$120.80	+323.3%	COM	038222105
NVDA	NVIDIA CORPORATION	372,503 (+7.2%)	$85.07M (+22.4%)	6.1%	$228.38	$124.40	+83.6%	COM	67066G104
BA	BOEING CO	54,533 (+5580.5%)	$10.15M (+4782.2%)	0.7%	$186.05	$214.57	-13.3%	COM	097023105
GEV	GE VERNOVA INC	27,615 (+2.1%)	$26.25M (-17.4%)	1.9%	$950.50	$407.28	+133.4%	COM	36828A101
GS	GOLDMAN SACHS GROUP INC	48,808 (+2.0%)	$43.94M (-9.2%)	3.2%	$900.36	$385.38	+133.6%	COM	38141G104
AMGN	AMGEN INC	61,875 (+2.4%)	$26.08M (+19.2%)	1.9%	$421.51	$262.28	+60.7%	COM	031162100
CSCO	CISCO SYS INC	242,287 (+1.2%)	$26.08M (-7.2%)	1.9%	$107.63	$47.49	+126.6%	COM	17275R102
ROK	ROCKWELL AUTOMATION INC	34,440 (+3.1%)	$14.99M (-9.3%)	1.1%	$435.33	$276.76	+57.3%	COM	773903109
HONA	HONEYWELL AEROSPACE INC	78,974 (+62.5%)	$12.24M (+13.9%)	0.9%	$154.97	$217.76	-28.8%	COM	43849R105
AVGO	BROADCOM INC	85,181 (+2.5%)	$29.91M (-4.7%)	2.2%	$351.19	$220.39	+59.4%	COM	11135F101
SYK	STRYKER CORPORATION	71,125 (+22.7%)	$19.59M (+7.4%)	1.4%	$275.39	$278.38	-1.1%	COM	863667101
XOM	EXXON MOBIL CORP	13,283 (+2.2%)	$2.162M (+21.6%)	0.2%	$162.75	$103.54	+57.2%	COM	30231G102
WFC	WELLS FARGO & CO	125,980 (+1.3%)	$10.08M (-1.9%)	0.7%	$80.05	$80.74	-0.9%	COM	949746101
IBM	INTERNATIONAL BUSINESS MACHS	2,500 (+8.7%)	$550K (-15.0%)	0.0%	$219.93	$177.75	+23.7%	COM	459200101
WMT	WALMART INC	2,895 (+5.5%)	$301K (-3.2%)	0.0%	$103.92	$86.36	+20.3%	COM	931142103

Exited Positions (5)

MDT MEDTRONIC PLC 1.1%

Value $15.66M Shares 200,207 Share Price $78.23 * Est. Cost/Share $81.31 Unrealized @ Report Date +6.1%

DY DYCOM INDS INC 0.0%

Value $329K Shares 650 Share Price $505.59 * Est. Cost/Share $315.29 Unrealized @ Report Date -14.7%

ADBE ADOBE INC 0.0%

Value $322K Shares 1,572 Share Price $205.02 * Est. Cost/Share $344.75 Unrealized @ Report Date -30.4%

FCFS FIRSTCASH HOLDINGS INC 0.0%

Value $255K Shares 1,179 Share Price $216.28 * Est. Cost/Share $180.47 Unrealized @ Report Date +17.0%

SBUX STARBUCKS CORP 0.0%

Value $204K Shares 2,000 Share Price $102.19 * Est. Cost/Share $100.71 Unrealized @ Report Date -6.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MDT	MEDTRONIC PLC	200,207	$15.66M	1.1%	$78.23 *	$81.31	+6.1%	—	G5960L103
DY	DYCOM INDS INC	650	$329K	0.0%	$505.59 *	$315.29	-14.7%	—	267475101
ADBE	ADOBE INC	1,572	$322K	0.0%	$205.02 *	$344.75	-30.4%	—	00724F101
FCFS	FIRSTCASH HOLDINGS INC	1,179	$255K	0.0%	$216.28 *	$180.47	+17.0%	—	33768G107
SBUX	STARBUCKS CORP	2,000	$204K	0.0%	$102.19 *	$100.71	-6.7%	—	855244109

Decreased Positions (19)

MSFT MICROSOFT CORP 9.9%

Value $138M (+36.0%) Shares 268,229 (-1.1%) Share Price $512.90 Est. Cost/Share $286.69 Unrealized @ Report Date +78.9%

MCD MCDONALDS CORP 0.1%

Value $714K (-92.8%) Shares 3,092 (-91.6%) Share Price $230.94 Est. Cost/Share $264.13 Unrealized @ Report Date -12.6%

AJG GALLAGHER ARTHUR J & CO 0.1%

Value $1.572M (-83.5%) Shares 6,890 (-83.4%) Share Price $228.11 Est. Cost/Share $208.22 Unrealized @ Report Date +9.6%

HD HOME DEPOT INC 0.9%

Value $12.95M (-29.7%) Shares 45,519 (-12.8%) Share Price $284.49 Est. Cost/Share $304.90 Unrealized @ Report Date -6.7%

CRM SALESFORCE INC 1.5%

Value $20.22M (+31.0%) Shares 88,085 (-10.6%) Share Price $229.57 Est. Cost/Share $191.93 Unrealized @ Report Date +19.6%

PANW PALO ALTO NETWORKS INC 2.1%

Value $28.92M (+14.9%) Shares 72,787 (-1.4%) Share Price $397.31 Est. Cost/Share $167.95 Unrealized @ Report Date +136.6%

COST COSTCO WHOLESALE CORPORATION 1.3%

Value $17.91M (-10.7%) Shares 19,677 (-8.3%) Share Price $910.33 Est. Cost/Share $600.03 Unrealized @ Report Date +51.7%

PG PROCTER & GAMBLE CO 0.9%

Value $13.17M (-13.7%) Shares 90,672 (-12.9%) Share Price $145.28 Est. Cost/Share $141.44 Unrealized @ Report Date +2.7%

META META PLATFORMS INC 1.2%

Value $16.84M (+11.4%) Shares 23,222 (-13.4%) Share Price $725.19 Est. Cost/Share $648.91 Unrealized @ Report Date +11.8%

NOW SERVICENOW INC 0.9%

Value $12.89M (+12.5%) Shares 96,164 (-16.6%) Share Price $134.01 Est. Cost/Share $154.35 Unrealized @ Report Date -13.2%

NOC NORTHROP GRUMMAN CORP 1.1%

Value $15.15M (-7.7%) Shares 31,326 (-2.8%) Share Price $483.48 Est. Cost/Share $491.35 Unrealized @ Report Date -1.6%

NFLX NETFLIX INC. 0.9%

Value $12.45M (-8.5%) Shares 178,884 (-6.1%) Share Price $69.58 Est. Cost/Share $100.18 Unrealized @ Report Date -30.5%

HON HONEYWELL INTL INC 0.7%

Value $10.08M (-7.5%) Shares 47,790 (-1.9%) Share Price $210.94 Est. Cost/Share $185.87 Unrealized @ Report Date +13.5%

UBER UBER TECHNOLOGIES INC 0.6%

Value $8.88M (-7.1%) Shares 129,617 (-2.1%) Share Price $68.51 Est. Cost/Share $73.87 Unrealized @ Report Date -7.3%

T AT&T INC 0.7%

Value $10M (+3.6%) Shares 409,903 (-12.1%) Share Price $24.40 Est. Cost/Share $21.02 Unrealized @ Report Date +16.1%

CAT CATERPILLAR INC 0.0%

Value $275K (-43.7%) Shares 339 (-26.1%) Share Price $811.56 Est. Cost/Share $878.47 Unrealized @ Report Date -7.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value $613K (-12.6%) Shares 1,231 (-12.1%) Share Price $497.95 Est. Cost/Share $358.09 Unrealized @ Report Date +39.1%

INTU INTUIT 0.1%

Value $1.247M (+4.2%) Shares 4,524 (-1.4%) Share Price $275.71 Est. Cost/Share $454.73 Unrealized @ Report Date -39.4%

MA MASTERCARD INCORPORATED 0.1%

Value $757K (+5.6%) Shares 1,373 (-1.6%) Share Price $551.50 Est. Cost/Share $380.58 Unrealized @ Report Date +44.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	268,229 (-1.1%)	$138M (+36.0%)	9.9%	$512.90	$286.69	+78.9%	COM	594918104
MCD	MCDONALDS CORP	3,092 (-91.6%)	$714K (-92.8%)	0.1%	$230.94	$264.13	-12.6%	COM	580135101
AJG	GALLAGHER ARTHUR J & CO	6,890 (-83.4%)	$1.572M (-83.5%)	0.1%	$228.11	$208.22	+9.6%	COM	363576109
HD	HOME DEPOT INC	45,519 (-12.8%)	$12.95M (-29.7%)	0.9%	$284.49	$304.90	-6.7%	COM	437076102
CRM	SALESFORCE INC	88,085 (-10.6%)	$20.22M (+31.0%)	1.5%	$229.57	$191.93	+19.6%	COM	79466L302
PANW	PALO ALTO NETWORKS INC	72,787 (-1.4%)	$28.92M (+14.9%)	2.1%	$397.31	$167.95	+136.6%	COM	697435105
COST	COSTCO WHOLESALE CORPORATION	19,677 (-8.3%)	$17.91M (-10.7%)	1.3%	$910.33	$600.03	+51.7%	COM	22160K105
PG	PROCTER & GAMBLE CO	90,672 (-12.9%)	$13.17M (-13.7%)	0.9%	$145.28	$141.44	+2.7%	COM	742718109
META	META PLATFORMS INC	23,222 (-13.4%)	$16.84M (+11.4%)	1.2%	$725.19	$648.91	+11.8%	CL A	30303M102
NOW	SERVICENOW INC	96,164 (-16.6%)	$12.89M (+12.5%)	0.9%	$134.01	$154.35	-13.2%	COM	81762P102
NOC	NORTHROP GRUMMAN CORP	31,326 (-2.8%)	$15.15M (-7.7%)	1.1%	$483.48	$491.35	-1.6%	COM	666807102
NFLX	NETFLIX INC.	178,884 (-6.1%)	$12.45M (-8.5%)	0.9%	$69.58	$100.18	-30.5%	COM	64110L106
HON	HONEYWELL INTL INC	47,790 (-1.9%)	$10.08M (-7.5%)	0.7%	$210.94	$185.87	+13.5%	COM	438516106
UBER	UBER TECHNOLOGIES INC	129,617 (-2.1%)	$8.88M (-7.1%)	0.6%	$68.51	$73.87	-7.3%	COM	90353T100
T	AT&T INC	409,903 (-12.1%)	$10M (+3.6%)	0.7%	$24.40	$21.02	+16.1%	COM	00206R102
CAT	CATERPILLAR INC	339 (-26.1%)	$275K (-43.7%)	0.0%	$811.56	$878.47	-7.7%	COM	149123101
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,231 (-12.1%)	$613K (-12.6%)	0.0%	$497.95	$358.09	+39.1%	CL B NEW	084670702
INTU	INTUIT	4,524 (-1.4%)	$1.247M (+4.2%)	0.1%	$275.71	$454.73	-39.4%	COM	461202103
MA	MASTERCARD INCORPORATED	1,373 (-1.6%)	$757K (+5.6%)	0.1%	$551.50	$380.58	+44.9%	CL A	57636Q104

Unchanged Positions (32)

AAPL APPLE INC 10.3%

Value $143M Shares 429,812 Share Price $333.02 Est. Cost/Share $153.82 Unrealized @ Report Date +116.5%

CVX CHEVRON CORPORATION 2.4%

Value $33.29M Shares 163,013 Share Price $204.21 Est. Cost/Share $149.07 Unrealized @ Report Date +37.0%

TMO THERMO FISHER SCIENTIFIC INC 1.4%

Value $19.02M Shares 28,181 Share Price $675.05 Est. Cost/Share $493.71 Unrealized @ Report Date +36.7%

AMZN AMAZON COM INC 5.2%

Value $72.74M Shares 291,960 Share Price $249.15 Est. Cost/Share $122.60 Unrealized @ Report Date +103.2%

MRK MERCK & CO INC 1.7%

Value $23.24M Shares 159,949 Share Price $145.31 Est. Cost/Share $89.78 Unrealized @ Report Date +61.8%

GOOG ALPHABET INC 5.3%

Value $74.17M Shares 217,674 Share Price $340.74 Est. Cost/Share $211.94 Unrealized @ Report Date +60.8%

BLK BLACKROCK INC 1.2%

Value $16.59M Shares 15,672 Share Price $1058.28 Est. Cost/Share $944.07 Unrealized @ Report Date +12.1%

JNJ JOHNSON & JOHNSON 2.7%

Value $37.57M Shares 141,903 Share Price $264.74 Est. Cost/Share $155.94 Unrealized @ Report Date +69.8%

ABBV ABBVIE INC 2.5%

Value $34.62M Shares 132,343 Share Price $261.59 Est. Cost/Share $155.34 Unrealized @ Report Date +68.4%

LLY ELI LILLY & CO 3.1%

Value $43.07M Shares 37,225 Share Price $1157.08 Est. Cost/Share $602.24 Unrealized @ Report Date +92.1%

EMR EMERSON ELEC CO 1.2%

Value $16.79M Shares 108,243 Share Price $155.10 Est. Cost/Share $95.40 Unrealized @ Report Date +62.6%

SCHW CHARLES SCHWAB CORP (THE) 1.7%

Value $24.1M Shares 246,546 Share Price $97.74 Est. Cost/Share $73.62 Unrealized @ Report Date +32.8%

TRV TRAVELERS COMPANIES INC 1.2%

Value $17.04M Shares 47,792 Share Price $356.51 Est. Cost/Share $226.97 Unrealized @ Report Date +57.1%

V VISA INC 1.8%

Value $24.87M Shares 69,218 Share Price $359.33 Est. Cost/Share $232.42 Unrealized @ Report Date +54.6%

CB CHUBB LIMITED 1.7%

Value $23.1M Shares 71,026 Share Price $325.25 Est. Cost/Share $253.43 Unrealized @ Report Date +28.3%

PM PHILIP MORRIS INTL INC 1.0%

Value $13.62M Shares 71,389 Share Price $190.82 Est. Cost/Share $154.53 Unrealized @ Report Date +23.5%

WAFD WAFD INC 0.2%

Value $2.421M Shares 80,896 Share Price $29.93 Est. Cost/Share $30.43 Unrealized @ Report Date -1.6%

SNPS SYNOPSYS INC 1.2%

Value $16.71M Shares 38,418 Share Price $434.94 Est. Cost/Share $411.92 Unrealized @ Report Date +5.6%

JPM JPMORGAN CHASE & CO 2.7%

Value $37.37M Shares 112,945 Share Price $330.83 Est. Cost/Share $146.62 Unrealized @ Report Date +125.6%

FFIV F5 INC 0.3%

Value $4.137M Shares 9,292 Share Price $445.18 Est. Cost/Share $279.63 Unrealized @ Report Date +59.2%

WK WORKIVA INC 0.1%

Value $699K Shares 10,500 Share Price $66.57 Est. Cost/Share $77.50 Unrealized @ Report Date -14.1%

GOOGL ALPHABET INC 0.4%

Value $4.986M Shares 14,492 Share Price $344.08 Est. Cost/Share $179.63 Unrealized @ Report Date +91.5%

GLW CORNING INC 0.0%

Value $231K Shares 1,500 Share Price $153.76 Est. Cost/Share $181.94 Unrealized @ Report Date -15.5%

SHW SHERWIN WILLIAMS CO 0.1%

Value $1.027M Shares 3,176 Share Price $323.27 Est. Cost/Share $344.92 Unrealized @ Report Date -6.3%

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value $330K Shares 1,000 Share Price $330.19 Est. Cost/Share $290.70 Unrealized @ Report Date +13.6%

EXPD EXPEDITORS INTL WASH INC 0.0%

Value $323K Shares 1,750 Share Price $184.64 Est. Cost/Share $118.30 Unrealized @ Report Date +56.1%

MCK MCKESSON CORP 0.0%

Value $300K Shares 351 Share Price $853.81 Est. Cost/Share $557.26 Unrealized @ Report Date +53.2%

AXP AMERICAN EXPRESS CO 0.0%

Value $274K Shares 900 Share Price $304.10 Est. Cost/Share $202.90 Unrealized @ Report Date +49.9%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value $232K Shares 900 Share Price $258.06 Est. Cost/Share $213.75 Unrealized @ Report Date +20.7%

ABT ABBOTT LABORATORIES 0.0%

Value $277K Shares 2,804 Share Price $98.83 Est. Cost/Share $130.61 Unrealized @ Report Date -24.3%

PEP PEPSICO INC 0.0%

Value $207K Shares 1,630 Share Price $126.72 Est. Cost/Share $152.06 Unrealized @ Report Date -16.7%

UNP UNION PAC CORP 0.0%

Value $354K Shares 1,300 Share Price $272.13 Est. Cost/Share $190.19 Unrealized @ Report Date +43.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	APPLE INC	429,812	$143M	10.3%	$333.02	$153.82	+116.5%	COM	037833100
CVX	CHEVRON CORPORATION	163,013	$33.29M	2.4%	$204.21	$149.07	+37.0%	COM	166764100
TMO	THERMO FISHER SCIENTIFIC INC	28,181	$19.02M	1.4%	$675.05	$493.71	+36.7%	COM	883556102
AMZN	AMAZON COM INC	291,960	$72.74M	5.2%	$249.15	$122.60	+103.2%	COM	023135106
MRK	MERCK & CO INC	159,949	$23.24M	1.7%	$145.31	$89.78	+61.8%	COM	58933Y105
GOOG	ALPHABET INC	217,674	$74.17M	5.3%	$340.74	$211.94	+60.8%	CAP STK CL C	02079K107
BLK	BLACKROCK INC	15,672	$16.59M	1.2%	$1058.28	$944.07	+12.1%	COM	09290D101
JNJ	JOHNSON & JOHNSON	141,903	$37.57M	2.7%	$264.74	$155.94	+69.8%	COM	478160104
ABBV	ABBVIE INC	132,343	$34.62M	2.5%	$261.59	$155.34	+68.4%	COM	00287Y109
LLY	ELI LILLY & CO	37,225	$43.07M	3.1%	$1157.08	$602.24	+92.1%	COM	532457108
EMR	EMERSON ELEC CO	108,243	$16.79M	1.2%	$155.10	$95.40	+62.6%	COM	291011104
SCHW	CHARLES SCHWAB CORP (THE)	246,546	$24.1M	1.7%	$97.74	$73.62	+32.8%	COM	808513105
TRV	TRAVELERS COMPANIES INC	47,792	$17.04M	1.2%	$356.51	$226.97	+57.1%	COM	89417E109
V	VISA INC	69,218	$24.87M	1.8%	$359.33	$232.42	+54.6%	COM CL A	92826C839
CB	CHUBB LIMITED	71,026	$23.1M	1.7%	$325.25	$253.43	+28.3%	COM	H1467J104
PM	PHILIP MORRIS INTL INC	71,389	$13.62M	1.0%	$190.82	$154.53	+23.5%	COM	718172109
WAFD	WAFD INC	80,896	$2.421M	0.2%	$29.93	$30.43	-1.6%	COM	938824109
SNPS	SYNOPSYS INC	38,418	$16.71M	1.2%	$434.94	$411.92	+5.6%	COM	871607107
JPM	JPMORGAN CHASE & CO	112,945	$37.37M	2.7%	$330.83	$146.62	+125.6%	COM	46625H100
FFIV	F5 INC	9,292	$4.137M	0.3%	$445.18	$279.63	+59.2%	COM	315616102
WK	WORKIVA INC	10,500	$699K	0.1%	$66.57	$77.50	-14.1%	COM CL A	98139A105
GOOGL	ALPHABET INC	14,492	$4.986M	0.4%	$344.08	$179.63	+91.5%	CAP STK CL A	02079K305
GLW	CORNING INC	1,500	$231K	0.0%	$153.76	$181.94	-15.5%	COM	219350105
SHW	SHERWIN WILLIAMS CO	3,176	$1.027M	0.1%	$323.27	$344.92	-6.3%	COM	824348106
CDNS	CADENCE DESIGN SYSTEM INC	1,000	$330K	0.0%	$330.19	$290.70	+13.6%	COM	127387108
EXPD	EXPEDITORS INTL WASH INC	1,750	$323K	0.0%	$184.64	$118.30	+56.1%	COM	302130109
MCK	MCKESSON CORP	351	$300K	0.0%	$853.81	$557.26	+53.2%	COM	58155Q103
AXP	AMERICAN EXPRESS CO	900	$274K	0.0%	$304.10	$202.90	+49.9%	COM	025816109
ADP	AUTOMATIC DATA PROCESSING IN	900	$232K	0.0%	$258.06	$213.75	+20.7%	COM	053015103
ABT	ABBOTT LABORATORIES	2,804	$277K	0.0%	$98.83	$130.61	-24.3%	COM	002824100
PEP	PEPSICO INC	1,630	$207K	0.0%	$126.72	$152.06	-16.7%	COM	713448108
UNP	UNION PAC CORP	1,300	$354K	0.0%	$272.13	$190.19	+43.1%	COM	907818108