Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPCX	SPACE EXPLORATION TECHN CORP	17,051	$2.492M	0.5%	—	—	CLASS A COM STK	84615Q103
CSCO	CISCO SYS INC	11,046	$1.368M	0.3%	—	—	COM	17275R102
CAT	CATERPILLAR INC	1,035	$886K	0.2%	—	—	COM	149123101
MBGL	MOBILITY GLOBAL INC	31,504	$618K	0.1%	—	—	COM SHS	60744M106
VXUS	VANGUARD STAR FDS	6,022	$527K	0.1%	—	—	VG TL INTL STK F	921909768
QQQM	INVESCO EXCH TRADED FD TR II	1,278	$381K	0.1%	—	—	NASDAQ 100 ETF	46138G649
PPA	INVESCO EXCHANGE TRADED FD T	2,000	$369K	0.1%	—	—	AEROSPACE DEFN	46137V100
HON	HONEYWELL INTL INC	1,254	$295K	0.1%	—	—	COM	438516205
AVGO	BROADCOM INC	606	$252K	0.1%	—	—	COM	11135F101

Increased Positions (16)

SPGI S&P GLOBAL INC 3.6%

Value $17.77M (+91.4%) Shares 43,341 (+106.7%) Est. Cost — Unrealized —

IDXX IDEXX LABS INC 1.3%

Value $6.502M (+192.4%) Shares 11,395 (+198.8%) Est. Cost — Unrealized —

NOW SERVICENOW INC 2.0%

Value $10.04M (+30.1%) Shares 80,370 (+3.8%) Est. Cost — Unrealized —

CSGP COSTAR GROUP INC 0.7%

Value $3.22M (-23.0%) Shares 105,578 (+1.2%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 0.7%

Value $3.251M (+26.4%) Shares 14,506 (+14.0%) Est. Cost — Unrealized —

VTI VANGUARD INDEX FDS 0.7%

Value $3.437M (+21.7%) Shares 9,002 (+11.6%) Est. Cost — Unrealized —

AMAT APPLIED MATLS INC 0.1%

Value $691K (+47.0%) Shares 1,260 (+5.0%) Est. Cost — Unrealized —

EXTR EXTREME NETWORKS INC 0.1%

Value $691K (+43.0%) Shares 28,312 (+7.1%) Est. Cost — Unrealized —

ABBV ABBVIE INC 0.1%

Value $499K (+26.6%) Shares 2,006 (+3.7%) Est. Cost — Unrealized —

CVX CHEVRON CORPORATION 0.1%

Value $716K (+14.2%) Shares 3,642 (+6.5%) Est. Cost — Unrealized —

RTX RTX CORPORATION 0.1%

Value $339K (+15.6%) Shares 1,524 (+1.6%) Est. Cost — Unrealized —

PCHI FUNDVANTAGE TR 0.2%

Value $1.108M (+4.3%) Shares 45,625 (+6.6%) Est. Cost — Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value $330K (+15.6%) Shares 1,266 (+2.3%) Est. Cost — Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.1%

Value $434K (+10.6%) Shares 562 (+1.4%) Est. Cost — Unrealized —

FIW FIRST TR EXCHANGE-TRADED FD 0.1%

Value $318K (+5.4%) Shares 2,837 (+1.4%) Est. Cost — Unrealized —

WMT WALMART INC 0.1%

Value $305K (-4.6%) Shares 2,625 (+5.2%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPGI	S&P GLOBAL INC	43,341 (+106.7%)	$17.77M (+91.4%)	3.6%	—	—	COM	78409V104
IDXX	IDEXX LABS INC	11,395 (+198.8%)	$6.502M (+192.4%)	1.3%	—	—	COM	45168D104
NOW	SERVICENOW INC	80,370 (+3.8%)	$10.04M (+30.1%)	2.0%	—	—	COM	81762P102
CSGP	COSTAR GROUP INC	105,578 (+1.2%)	$3.22M (-23.0%)	0.7%	—	—	COM	22160N109
NVDA	NVIDIA CORPORATION	14,506 (+14.0%)	$3.251M (+26.4%)	0.7%	—	—	COM	67066G104
VTI	VANGUARD INDEX FDS	9,002 (+11.6%)	$3.437M (+21.7%)	0.7%	—	—	TOTAL STK MKT	922908769
AMAT	APPLIED MATLS INC	1,260 (+5.0%)	$691K (+47.0%)	0.1%	—	—	COM	038222105
EXTR	EXTREME NETWORKS INC	28,312 (+7.1%)	$691K (+43.0%)	0.1%	—	—	COM	30226D106
ABBV	ABBVIE INC	2,006 (+3.7%)	$499K (+26.6%)	0.1%	—	—	COM	00287Y109
CVX	CHEVRON CORPORATION	3,642 (+6.5%)	$716K (+14.2%)	0.1%	—	—	COM	166764100
RTX	RTX CORPORATION	1,524 (+1.6%)	$339K (+15.6%)	0.1%	—	—	COM	75513E101
PCHI	FUNDVANTAGE TR	45,625 (+6.6%)	$1.108M (+4.3%)	0.2%	—	—	POLE HIGH IN ETF	36087T411
JNJ	JOHNSON & JOHNSON	1,266 (+2.3%)	$330K (+15.6%)	0.1%	—	—	COM	478160104
SPY	STATE STR SPDR S&P 500 ETF T	562 (+1.4%)	$434K (+10.6%)	0.1%	—	—	TR UNIT	78462F103
FIW	FIRST TR EXCHANGE-TRADED FD	2,837 (+1.4%)	$318K (+5.4%)	0.1%	—	—	WTR ETF	33733B100
WMT	WALMART INC	2,625 (+5.2%)	$305K (-4.6%)	0.1%	—	—	COM	931142103

Exited Positions (5)

ADBE ADOBE INC 2.3%

Value $11.57M Shares 46,543 Est. Cost — Unrealized —

ZTS ZOETIS INC 1.4%

Value $7.026M Shares 57,253 Est. Cost — Unrealized —

HON HONEYWELL INTL INC 0.1%

Value $574K Shares 2,500 Est. Cost — Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.0%

Value $223K Shares 500 Est. Cost — Unrealized —

RZLV REZOLVE AI PLC 0.0%

Value $27,600 Shares 10,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADBE	ADOBE INC	46,543	$11.57M	2.3%	—	—	—	00724F101
ZTS	ZOETIS INC	57,253	$7.026M	1.4%	—	—	—	98978V103
HON	HONEYWELL INTL INC	2,500	$574K	0.1%	—	—	—	438516106
MSI	MOTOROLA SOLUTIONS INC	500	$223K	0.0%	—	—	—	620076307
RZLV	REZOLVE AI PLC	10,000	$27,600	0.0%	—	—	—	G75398100

Decreased Positions (31)

META META PLATFORMS INC 7.1%

Value $35.11M (-15.0%) Shares 60,652 (-1.5%) Est. Cost — Unrealized —

MSFT MICROSOFT CORP 8.3%

Value $41.19M (+15.9%) Shares 83,642 (-1.6%) Est. Cost — Unrealized —

PM PHILIP MORRIS INTL INC 7.5%

Value $37.26M (+13.3%) Shares 200,135 (-4.1%) Est. Cost — Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 2.7%

Value $13.18M (+30.0%) Shares 48,923 (-2.3%) Est. Cost — Unrealized —

ORCL ORACLE CORP 2.3%

Value $11.25M (-21.1%) Shares 73,384 (-8.6%) Est. Cost — Unrealized —

GOOG ALPHABET INC 10.0%

Value $49.14M (-5.7%) Shares 143,527 (-7.7%) Est. Cost — Unrealized —

V VISA INC 5.8%

Value $28.62M (+11.0%) Shares 79,623 (-3.1%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 9.4%

Value $46.21M (+4.9%) Shares 172,896 (-2.6%) Est. Cost — Unrealized —

ACN ACCENTURE PLC IRELAND 1.4%

Value $6.969M (-22.5%) Shares 38,687 (-16.0%) Est. Cost — Unrealized —

SAP SAP SE 3.3%

Value $16.17M (+11.4%) Shares 79,218 (-2.4%) Est. Cost — Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 3.4%

Value $16.57M (+10.1%) Shares 27,471 (-4.0%) Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 5.5%

Value $27.03M (+4.6%) Shares 48,296 (-3.5%) Est. Cost — Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 2.2%

Value $10.88M (-7.0%) Shares 71,869 (-1.3%) Est. Cost — Unrealized —

ROP ROPER TECHNOLOGIES INC 0.9%

Value $4.576M (+8.1%) Shares 11,579 (-1.5%) Est. Cost — Unrealized —

AON AON PLC 1.6%

Value $8.022M (+3.8%) Shares 22,767 (-2.2%) Est. Cost — Unrealized —

MSCI MSCI INC 2.0%

Value $9.822M (-2.5%) Shares 17,445 (-1.8%) Est. Cost — Unrealized —

GOOGL ALPHABET INC 0.6%

Value $2.789M (-8.0%) Shares 8,119 (-9.6%) Est. Cost — Unrealized —

TSLA TESLA INC 0.1%

Value $484K (-30.8%) Shares 1,478 (-17.1%) Est. Cost — Unrealized —

LLY ELI LILLY & CO 0.3%

Value $1.601M (+13.9%) Shares 1,312 (-14.1%) Est. Cost — Unrealized —

OTIS OTIS WORLDWIDE CORP 0.2%

Value $1.025M (-13.7%) Shares 13,860 (-5.8%) Est. Cost — Unrealized —

VOO VANGUARD INDEX FDS 0.5%

Value $2.27M (-5.2%) Shares 3,197 (-13.0%) Est. Cost — Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $519K (-15.3%) Shares 2,200 (-8.9%) Est. Cost — Unrealized —

CRM SALESFORCE INC 3.4%

Value $16.59M (-0.5%) Shares 85,813 (-4.1%) Est. Cost — Unrealized —

CACI CACI INTL INC 0.2%

Value $811K (+10.1%) Shares 1,193 (-15.5%) Est. Cost — Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.1%

Value $262K (-21.6%) Shares 543 (-55.4%) Est. Cost — Unrealized —

XOM EXXON MOBIL CORP 0.3%

Value $1.56M (-1.8%) Shares 9,767 (-9.3%) Est. Cost — Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.1%

Value $316K (+7.2%) Shares 1,284 (-1.0%) Est. Cost — Unrealized —

ABT ABBOTT LABORATORIES 0.1%

Value $347K (+5.1%) Shares 3,132 (-9.0%) Est. Cost — Unrealized —

URTH ISHARES INC 0.0%

Value $222K (-5.3%) Shares 1,053 (-12.0%) Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.1%

Value $289K (-2.9%) Shares 673 (-17.1%) Est. Cost — Unrealized —

XYL XYLEM INC 0.0%

Value $222K (-3.2%) Shares 1,821 (-4.4%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	60,652 (-1.5%)	$35.11M (-15.0%)	7.1%	—	—	CL A	30303M102
MSFT	MICROSOFT CORP	83,642 (-1.6%)	$41.19M (+15.9%)	8.3%	—	—	COM	594918104
PM	PHILIP MORRIS INTL INC	200,135 (-4.1%)	$37.26M (+13.3%)	7.5%	—	—	COM	718172109
ADP	AUTOMATIC DATA PROCESSING IN	48,923 (-2.3%)	$13.18M (+30.0%)	2.7%	—	—	COM	053015103
ORCL	ORACLE CORP	73,384 (-8.6%)	$11.25M (-21.1%)	2.3%	—	—	COM	68389X105
GOOG	ALPHABET INC	143,527 (-7.7%)	$49.14M (-5.7%)	10.0%	—	—	CAP STK CL C	02079K107
V	VISA INC	79,623 (-3.1%)	$28.62M (+11.0%)	5.8%	—	—	COM CL A	92826C839
AMZN	AMAZON COM INC	172,896 (-2.6%)	$46.21M (+4.9%)	9.4%	—	—	COM	023135106
ACN	ACCENTURE PLC IRELAND	38,687 (-16.0%)	$6.969M (-22.5%)	1.4%	—	—	SHS CLASS A	G1151C101
SAP	SAP SE	79,218 (-2.4%)	$16.17M (+11.4%)	3.3%	—	—	SPON ADR	803054204
TMO	THERMO FISHER SCIENTIFIC INC	27,471 (-4.0%)	$16.57M (+10.1%)	3.4%	—	—	COM	883556102
MA	MASTERCARD INCORPORATED	48,296 (-3.5%)	$27.03M (+4.6%)	5.5%	—	—	CL A	57636Q104
ICE	INTERCONTINENTAL EXCHANGE IN	71,869 (-1.3%)	$10.88M (-7.0%)	2.2%	—	—	COM	45866F104
ROP	ROPER TECHNOLOGIES INC	11,579 (-1.5%)	$4.576M (+8.1%)	0.9%	—	—	COM	776696106
AON	AON PLC	22,767 (-2.2%)	$8.022M (+3.8%)	1.6%	—	—	SHS CL A	G0403H108
MSCI	MSCI INC	17,445 (-1.8%)	$9.822M (-2.5%)	2.0%	—	—	COM	55354G100
GOOGL	ALPHABET INC	8,119 (-9.6%)	$2.789M (-8.0%)	0.6%	—	—	CAP STK CL A	02079K305
TSLA	TESLA INC	1,478 (-17.1%)	$484K (-30.8%)	0.1%	—	—	COM	88160R101
LLY	ELI LILLY & CO	1,312 (-14.1%)	$1.601M (+13.9%)	0.3%	—	—	COM	532457108
OTIS	OTIS WORLDWIDE CORP	13,860 (-5.8%)	$1.025M (-13.7%)	0.2%	—	—	COM	68902V107
VOO	VANGUARD INDEX FDS	3,197 (-13.0%)	$2.27M (-5.2%)	0.5%	—	—	S&P 500 ETF SHS	922908363
IBM	INTERNATIONAL BUSINESS MACHS	2,200 (-8.9%)	$519K (-15.3%)	0.1%	—	—	COM	459200101
CRM	SALESFORCE INC	85,813 (-4.1%)	$16.59M (-0.5%)	3.4%	—	—	COM	79466L302
CACI	CACI INTL INC	1,193 (-15.5%)	$811K (+10.1%)	0.2%	—	—	CL A	127190304
AMD	ADVANCED MICRO DEVICES INC	543 (-55.4%)	$262K (-21.6%)	0.1%	—	—	COM	007903107
XOM	EXXON MOBIL CORP	9,767 (-9.3%)	$1.56M (-1.8%)	0.3%	—	—	COM	30231G102
VIG	VANGUARD SPECIALIZED FUNDS	1,284 (-1.0%)	$316K (+7.2%)	0.1%	—	—	DIV APP ETF	921908844
ABT	ABBOTT LABORATORIES	3,132 (-9.0%)	$347K (+5.1%)	0.1%	—	—	COM	002824100
URTH	ISHARES INC	1,053 (-12.0%)	$222K (-5.3%)	0.0%	—	—	MSCI WORLD ETF	464286392
TSM	TAIWAN SEMICONDUCTOR MANUFAC	673 (-17.1%)	$289K (-2.9%)	0.1%	—	—	SPONSORED ADS	874039100
XYL	XYLEM INC	1,821 (-4.4%)	$222K (-3.2%)	0.0%	—	—	COM	98419M100

Unchanged Positions (16)

SHOP SHOPIFY INC 3.7%

Value $18.09M Shares 120,284 Est. Cost — Unrealized —

AAPL APPLE INC 1.4%

Value $7.152M Shares 23,663 Est. Cost — Unrealized —

INTU INTUIT 0.6%

Value $2.805M Shares 8,380 Est. Cost — Unrealized —

MTDR MATADOR RES CO 1.0%

Value $5.159M Shares 98,242 Est. Cost — Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value $5.209M Shares 10,214 Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 0.6%

Value $3.182M Shares 4,397 Est. Cost — Unrealized —

IVV ISHARES TR 0.2%

Value $753K Shares 970 Est. Cost — Unrealized —

XLK SELECT SECTOR SPDR TR 0.1%

Value $376K Shares 1,990 Est. Cost — Unrealized —

MOAT VANECK ETF TRUST 0.1%

Value $602K Shares 5,329 Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 0.1%

Value $383K Shares 1,050 Est. Cost — Unrealized —

RDVY FIRST TR EXCHANGE TRADED FD 0.1%

Value $267K Shares 3,199 Est. Cost — Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value $346K Shares 5,425 Est. Cost — Unrealized —

DHR DANAHER CORP DEL 0.1%

Value $460K Shares 2,233 Est. Cost — Unrealized —

SRE SEMPRA 0.0%

Value $236K Shares 2,748 Est. Cost — Unrealized —

BA BOEING CO 0.1%

Value $303K Shares 1,311 Est. Cost — Unrealized —

DIS DISNEY WALT CO 0.0%

Value $211K Shares 2,043 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHOP	SHOPIFY INC	120,284	$18.09M	3.7%	—	—	CL A SUB VTG SHS	82509L107
AAPL	APPLE INC	23,663	$7.152M	1.4%	—	—	COM	037833100
INTU	INTUIT	8,380	$2.805M	0.6%	—	—	COM	461202103
MTDR	MATADOR RES CO	98,242	$5.159M	1.0%	—	—	COM	576485205
BRK/B	BERKSHIRE HATHAWAY INC DEL	10,214	$5.209M	1.1%	—	—	CL B NEW	084670702
QQQ	INVESCO QQQ TR	4,397	$3.182M	0.6%	—	—	UNIT SER 1	46090E103
IVV	ISHARES TR	970	$753K	0.2%	—	—	CORE S&P500 ETF	464287200
XLK	SELECT SECTOR SPDR TR	1,990	$376K	0.1%	—	—	ST STR TECHN ETF	81369Y803
MOAT	VANECK ETF TRUST	5,329	$602K	0.1%	—	—	MRNGSTR WDE MOAT	92189F643
JPM	JPMORGAN CHASE & CO	1,050	$383K	0.1%	—	—	COM	46625H100
RDVY	FIRST TR EXCHANGE TRADED FD	3,199	$267K	0.1%	—	—	RISNG DIVD ACHIV	33738R506
BMY	BRISTOL-MYERS SQUIBB CO	5,425	$346K	0.1%	—	—	COM	110122108
DHR	DANAHER CORP DEL	2,233	$460K	0.1%	—	—	COM	235851102
SRE	SEMPRA	2,748	$236K	0.0%	—	—	COM	816851109
BA	BOEING CO	1,311	$303K	0.1%	—	—	COM	097023105
DIS	DISNEY WALT CO	2,043	$211K	0.0%	—	—	COM	254687106