Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
THC	TENET HEALTHCARE CORP	26,219	$4.905M	0.6%	$187.08	—	COM NEW	88033G407
NEM	NEWMONT CORP	47,198	$4.408M	0.5%	$93.40	—	COM	651639106
JLL	JONES LANG LASALLE INC	13,237	$4.103M	0.5%	$309.95	—	COM	48020Q107
ALL	ALLSTATE CORP	12,541	$2.984M	0.4%	$237.94	—	COM	020002101
MU	MICRON TECHNOLOGY INC	494	$570K	0.1%	$1154.29	—	COM	595112103
TXN	TEXAS INSTRS INC	750	$224K	0.0%	$298.07	—	COM	882508104
DVN	DEVON ENERGY CORP NEW	5,140	$212K	0.0%	$41.32	—	COM	25179M103

Increased Positions (16)

KLAC KLA CORP 3.3%

Value $27.52M (+70.6%) Shares 91,198 (+732.7%) Est. Cost $328.12 Unrealized —

MPC MARATHON PETE CORP 0.7%

Value $5.721M (+1565.2%) Shares 22,377 (+1490.4%) Est. Cost $251.31 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 1.0%

Value $8.578M (+21.2%) Shares 30,503 (+4.5%) Est. Cost $197.93 Unrealized —

XLI SELECT SECTOR SPDR TR 0.9%

Value $7.26M (+15.8%) Shares 39,192 (+1.1%) Est. Cost $104.12 Unrealized —

SPIB SPDR SERIES TRUST 5.4%

Value $44.82M (+1.9%) Shares 1,339,605 (+2.1%) Est. Cost $32.81 Unrealized —

NFLX NETFLIX INC. 0.4%

Value $3.27M (-20.3%) Shares 45,804 (+7.4%) Est. Cost $105.79 Unrealized —

SPSB SPDR SERIES TRUST 4.3%

Value $35.42M (+1.2%) Shares 1,180,398 (+1.4%) Est. Cost $30.14 Unrealized —

ADBE ADOBE INC 0.3%

Value $2.879M (-12.6%) Shares 14,041 (+3.7%) Est. Cost $267.41 Unrealized —

TRMB TRIMBLE INC 0.2%

Value $1.856M (-13.6%) Shares 36,258 (+10.2%) Est. Cost $69.58 Unrealized —

SCHW SCHWAB CHARLES CORP 0.6%

Value $4.967M (+4.6%) Shares 53,830 (+6.5%) Est. Cost $69.41 Unrealized —

COF CAPITAL ONE FINL CORP 0.1%

Value $740K (+13.2%) Shares 3,689 (+2.9%) Est. Cost $143.47 Unrealized —

IVW ISHARES TR 0.0%

Value $288K (+22.9%) Shares 2,097 (+1.1%) Est. Cost $64.66 Unrealized —

XLC SELECT SECTOR SPDR TR 0.9%

Value $7.57M (+0.7%) Shares 70,666 (+4.2%) Est. Cost $70.05 Unrealized —

XLB SELECT SECTOR SPDR TR 0.2%

Value $1.443M (+3.1%) Shares 28,380 (+1.3%) Est. Cost $63.94 Unrealized —

NOW SERVICENOW INC 0.5%

Value $3.718M (-1.1%) Shares 37,453 (+4.2%) Est. Cost $165.55 Unrealized —

ORCL ORACLE CORP 0.2%

Value $1.292M (+1.3%) Shares 8,816 (+1.7%) Est. Cost $51.24 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KLAC	KLA CORP	91,198 (+732.7%)	$27.52M (+70.6%)	3.3%	$328.12	—	COM NEW	482480100
MPC	MARATHON PETE CORP	22,377 (+1490.4%)	$5.721M (+1565.2%)	0.7%	$251.31	—	COM	56585A102
IBM	INTERNATIONAL BUSINESS MACHS	30,503 (+4.5%)	$8.578M (+21.2%)	1.0%	$197.93	—	COM	459200101
XLI	SELECT SECTOR SPDR TR	39,192 (+1.1%)	$7.26M (+15.8%)	0.9%	$104.12	—	ST STR INDL ETF	81369Y704
SPIB	SPDR SERIES TRUST	1,339,605 (+2.1%)	$44.82M (+1.9%)	5.4%	$32.81	—	ST INTER BD ETF	78464A375
NFLX	NETFLIX INC.	45,804 (+7.4%)	$3.27M (-20.3%)	0.4%	$105.79	—	COM	64110L106
SPSB	SPDR SERIES TRUST	1,180,398 (+1.4%)	$35.42M (+1.2%)	4.3%	$30.14	—	ST SHOR CORP ETF	78464A474
ADBE	ADOBE INC	14,041 (+3.7%)	$2.879M (-12.6%)	0.3%	$267.41	—	COM	00724F101
TRMB	TRIMBLE INC	36,258 (+10.2%)	$1.856M (-13.6%)	0.2%	$69.58	—	COM	896239100
SCHW	SCHWAB CHARLES CORP	53,830 (+6.5%)	$4.967M (+4.6%)	0.6%	$69.41	—	COM	808513105
COF	CAPITAL ONE FINL CORP	3,689 (+2.9%)	$740K (+13.2%)	0.1%	$143.47	—	COM	14040H105
IVW	ISHARES TR	2,097 (+1.1%)	$288K (+22.9%)	0.0%	$64.66	—	S&P 500 GRWT ETF	464287309
XLC	SELECT SECTOR SPDR TR	70,666 (+4.2%)	$7.57M (+0.7%)	0.9%	$70.05	—	ST STR SVC ETF	81369Y852
XLB	SELECT SECTOR SPDR TR	28,380 (+1.3%)	$1.443M (+3.1%)	0.2%	$63.94	—	ST STR MATER ETF	81369Y100
NOW	SERVICENOW INC	37,453 (+4.2%)	$3.718M (-1.1%)	0.5%	$165.55	—	COM	81762P102
ORCL	ORACLE CORP	8,816 (+1.7%)	$1.292M (+1.3%)	0.2%	$51.24	—	COM	68389X105

Exited Positions (9)

CMG CHIPOTLE MEXICAN GRILL INC 0.5%

Value $4.522M Shares 141,260 Est. Cost $53.15 Unrealized —

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.5%

Value $3.728M Shares 18,878 Est. Cost $226.43 Unrealized —

PLD PROLOGIS INC. 0.4%

Value $3.617M Shares 27,366 Est. Cost $99.28 Unrealized —

WY WEYERHAEUSER CO 0.3%

Value $2.223M Shares 90,994 Est. Cost $29.71 Unrealized —

AFL AFLAC INC 0.0%

Value $373K Shares 3,399 Est. Cost $72.00 Unrealized —

DLR DIGITAL RLTY TR INC 0.0%

Value $278K Shares 1,545 Est. Cost $112.22 Unrealized —

CTRA COTERRA ENERGY INC 0.0%

Value $263K Shares 7,476 Est. Cost $28.33 Unrealized —

NSC NORFOLK SOUTHN CORP 0.0%

Value $231K Shares 804 Est. Cost $105.80 Unrealized —

PSX PHILLIPS 66 0.0%

Value $211K Shares 1,158 Est. Cost $147.11 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CMG	CHIPOTLE MEXICAN GRILL INC	141,260	$4.522M	0.5%	$53.15	—	—	169656105
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	18,878	$3.728M	0.5%	$226.43	—	—	874054109
PLD	PROLOGIS INC.	27,366	$3.617M	0.4%	$99.28	—	—	74340W103
WY	WEYERHAEUSER CO	90,994	$2.223M	0.3%	$29.71	—	—	962166104
AFL	AFLAC INC	3,399	$373K	0.0%	$72.00	—	—	001055102
DLR	DIGITAL RLTY TR INC	1,545	$278K	0.0%	$112.22	—	—	253868103
CTRA	COTERRA ENERGY INC	7,476	$263K	0.0%	$28.33	—	—	127097103
NSC	NORFOLK SOUTHN CORP	804	$231K	0.0%	$105.80	—	—	655844108
PSX	PHILLIPS 66	1,158	$211K	0.0%	$147.11	—	—	718546104

Decreased Positions (72)

LLY ELI LILLY & CO 6.0%

Value $49.74M (+26.2%) Shares 41,468 (-3.2%) Est. Cost $100.08 Unrealized —

XLK SELECT SECTOR SPDR TR 4.2%

Value $34.93M (+39.3%) Shares 183,366 (-2.8%) Est. Cost $154.64 Unrealized —

SPYM SPDR SERIES TRUST 0.0%

Value $371K (-94.8%) Shares 4,217 (-95.5%) Est. Cost $75.89 Unrealized —

DHR DANAHER CORP DEL 0.0%

Value $273K (-95.6%) Shares 1,434 (-95.6%) Est. Cost $150.83 Unrealized —

AMD ADVANCED MICRO DEVICES INC 1.1%

Value $8.647M (+157.7%) Shares 14,885 (-9.7%) Est. Cost $122.98 Unrealized —

ISRG INTUITIVE SURGICAL INC 3.1%

Value $25.85M (-14.8%) Shares 65,012 (-1.2%) Est. Cost $263.44 Unrealized —

XOM EXXON MOBIL CORP 0.9%

Value $7.499M (-29.1%) Shares 54,852 (-12.1%) Est. Cost $65.28 Unrealized —

GOOG ALPHABET INC 3.0%

Value $24.57M (+11.2%) Shares 69,548 (-9.7%) Est. Cost $114.72 Unrealized —

CSCO CISCO SYS INC 1.1%

Value $9.253M (+36.5%) Shares 78,777 (-9.8%) Est. Cost $36.60 Unrealized —

URI UNITED RENTALS INC 0.9%

Value $7.203M (+43.1%) Shares 6,358 (-8.0%) Est. Cost $403.68 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 1.6%

Value $13.33M (+13.6%) Shares 17,847 (-1.1%) Est. Cost $412.75 Unrealized —

AAPL APPLE INC 3.2%

Value $26.12M (+6.3%) Shares 90,281 (-6.8%) Est. Cost $100.53 Unrealized —

CRM SALESFORCE INC 0.5%

Value $4.316M (-22.7%) Shares 27,549 (-7.9%) Est. Cost $207.22 Unrealized —

APH AMPHENOL CORP 0.7%

Value $5.684M (+27.5%) Shares 32,236 (-8.6%) Est. Cost $67.73 Unrealized —

MS MORGAN STANLEY 1.0%

Value $8.297M (+15.2%) Shares 39,691 (-9.3%) Est. Cost $57.59 Unrealized —

CIEN CIENA CORP 1.9%

Value $15.78M (+7.4%) Shares 32,177 (-15.0%) Est. Cost $52.20 Unrealized —

AMZN AMAZON COM INC 2.1%

Value $17.67M (+6.2%) Shares 74,153 (-7.2%) Est. Cost $140.65 Unrealized —

GWW WW GRAINGER INC 0.8%

Value $6.469M (+16.0%) Shares 4,755 (-7.0%) Est. Cost $807.54 Unrealized —

CVX CHEVRON CORPORATION 0.3%

Value $2.841M (-23.2%) Shares 17,138 (-4.1%) Est. Cost $103.93 Unrealized —

NVDA NVIDIA CORPORATION 4.0%

Value $33.3M (+2.6%) Shares 166,403 (-10.5%) Est. Cost $105.89 Unrealized —

PEP PEPSICO INC 0.5%

Value $4.115M (-16.9%) Shares 30,389 (-4.6%) Est. Cost $85.15 Unrealized —

V VISA INC 1.2%

Value $9.829M (+9.0%) Shares 28,649 (-4.0%) Est. Cost $212.42 Unrealized —

AVGO BROADCOM INC 1.5%

Value $12.11M (+7.0%) Shares 32,068 (-12.3%) Est. Cost $145.92 Unrealized —

BKR BAKER HUGHES COMPANY 0.5%

Value $4.078M (-16.2%) Shares 73,486 (-7.8%) Est. Cost $30.07 Unrealized —

JPM JPMORGAN CHASE & CO 1.7%

Value $14.1M (+5.6%) Shares 43,067 (-5.1%) Est. Cost $65.10 Unrealized —

MSFT MICROSOFT CORP 3.0%

Value $24.45M (-2.5%) Shares 65,547 (-3.3%) Est. Cost $77.65 Unrealized —

AXP AMERICAN EXPRESS CO 1.4%

Value $11.18M (+5.7%) Shares 33,061 (-5.5%) Est. Cost $166.40 Unrealized —

SLB SLB LIMITED 0.3%

Value $2.856M (-16.2%) Shares 61,429 (-7.4%) Est. Cost $45.00 Unrealized —

XLE SELECT SECTOR SPDR TR 0.3%

Value $2.761M (-15.0%) Shares 51,987 (-1.9%) Est. Cost $61.76 Unrealized —

GNRC GENERAC HLDGS INC 0.3%

Value $2.382M (+25.0%) Shares 8,134 (-16.6%) Est. Cost $148.07 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.4%

Value $2.906M (+19.4%) Shares 5,870 (-13.5%) Est. Cost $282.18 Unrealized —

WMT WALMART INC 0.4%

Value $3.4M (-11.4%) Shares 30,023 (-2.8%) Est. Cost $63.56 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.6%

Value $4.686M (+10.2%) Shares 4,633 (-7.8%) Est. Cost $468.70 Unrealized —

NUE NUCOR CORP 0.4%

Value $3.446M (+14.0%) Shares 15,469 (-13.4%) Est. Cost $146.12 Unrealized —

META META PLATFORMS INC 1.0%

Value $8.458M (-4.7%) Shares 15,016 (-3.2%) Est. Cost $393.27 Unrealized —

SBUX STARBUCKS CORP 0.6%

Value $4.948M (+8.9%) Shares 48,419 (-4.5%) Est. Cost $82.67 Unrealized —

DUK DUKE ENERGY CORP NEW 0.5%

Value $4.275M (-8.3%) Shares 33,777 (-5.1%) Est. Cost $99.05 Unrealized —

NEE NEXTERA ENERGY INC 0.4%

Value $3.414M (-10.1%) Shares 38,900 (-4.9%) Est. Cost $69.06 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.2%

Value $1.292M (+40.8%) Shares 3,108 (-8.3%) Est. Cost $292.97 Unrealized —

PWR QUANTA SVCS INC 0.6%

Value $5.24M (+7.4%) Shares 7,277 (-18.1%) Est. Cost $298.74 Unrealized —

MRSH MARSH & MCLENNAN COS INC 0.5%

Value $4.378M (-7.4%) Shares 26,268 (-3.6%) Est. Cost $109.81 Unrealized —

CAT CATERPILLAR INC 0.1%

Value $1.229M (+38.3%) Shares 1,154 (-8.0%) Est. Cost $135.42 Unrealized —

SUB ISHARES TR 0.1%

Value $1.034M (-23.8%) Shares 9,715 (-23.8%) Est. Cost $105.19 Unrealized —

COP CONOCOPHILLIPS 0.1%

Value $937K (-24.1%) Shares 9,015 (-3.7%) Est. Cost $44.97 Unrealized —

MDLZ MONDELEZ INTL INC 0.3%

Value $2.67M (-9.5%) Shares 46,158 (-9.8%) Est. Cost $62.48 Unrealized —

FLR FLUOR CORP 0.7%

Value $5.552M (+5.0%) Shares 105,975 (-6.5%) Est. Cost $34.72 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.0%

Value $267K (-48.8%) Shares 525 (-31.4%) Est. Cost $142.28 Unrealized —

BAC BANK OF AMER CORP 0.3%

Value $2.715M (+10.0%) Shares 47,649 (-5.9%) Est. Cost $24.80 Unrealized —

HD HOME DEPOT INC 0.6%

Value $4.564M (-3.6%) Shares 12,942 (-10.1%) Est. Cost $101.91 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.1%

Value $864K (-15.1%) Shares 924 (-9.6%) Est. Cost $308.78 Unrealized —

T AT&T INC 0.0%

Value $335K (-31.0%) Shares 16,204 (-3.3%) Est. Cost $13.80 Unrealized —

LMT LOCKHEED MARTIN CORP 0.1%

Value $507K (-22.8%) Shares 995 (-8.5%) Est. Cost $264.96 Unrealized —

ABT ABBOTT LABORATORIES 0.1%

Value $912K (-13.5%) Shares 10,048 (-2.1%) Est. Cost $34.51 Unrealized —

AMT AMERICAN TOWER CORP 0.0%

Value $333K (-27.0%) Shares 2,034 (-23.0%) Est. Cost $152.20 Unrealized —

CBRE CBRE GROUP INC 0.5%

Value $3.976M (-2.7%) Shares 29,522 (-2.2%) Est. Cost $133.25 Unrealized —

LECO LINCOLN ELEC HLDGS INC 0.4%

Value $3.555M (+2.8%) Shares 13,389 (-3.6%) Est. Cost $140.34 Unrealized —

MRK MERCK & CO INC 0.1%

Value $890K (-8.9%) Shares 6,926 (-14.8%) Est. Cost $47.80 Unrealized —

CSX CSX CORP 0.5%

Value $3.792M (+2.3%) Shares 79,778 (-11.6%) Est. Cost $28.95 Unrealized —

RTX RTX CORPORATION 0.2%

Value $1.452M (-5.5%) Shares 7,655 (-3.9%) Est. Cost $85.24 Unrealized —

PFE PFIZER INC 0.0%

Value $251K (-25.1%) Shares 10,405 (-12.6%) Est. Cost $24.37 Unrealized —

SHW SHERWIN WILLIAMS CO 0.5%

Value $4.464M (+1.6%) Shares 12,964 (-5.4%) Est. Cost $228.47 Unrealized —

SPYG SPDR SERIES TRUST 0.1%

Value $462K (+16.0%) Shares 3,881 (-4.6%) Est. Cost $59.96 Unrealized —

GTLS CHART INDS INC 0.0%

Value $234K (-20.1%) Shares 1,121 (-20.9%) Est. Cost $138.39 Unrealized —

XLU SELECT SECTOR SPDR TR 0.2%

Value $1.701M (-3.2%) Shares 37,524 (-2.0%) Est. Cost $59.21 Unrealized —

SO SOUTHERN CO 0.2%

Value $1.736M (-2.9%) Shares 18,133 (-2.0%) Est. Cost $66.31 Unrealized —

JNJ JOHNSON & JOHNSON 0.2%

Value $2.022M (+2.3%) Shares 7,963 (-1.5%) Est. Cost $76.27 Unrealized —

SYY SYSCO CORP 0.0%

Value $356K (+14.1%) Shares 4,258 (-2.7%) Est. Cost $56.12 Unrealized —

PG PROCTER & GAMBLE CO 0.3%

Value $2.335M (-1.5%) Shares 15,925 (-3.0%) Est. Cost $81.37 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value $209K (-11.6%) Shares 3,620 (-6.9%) Est. Cost $35.92 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.9%

Value $7.58M (+0.1%) Shares 15,119 (-1.8%) Est. Cost $155.47 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.2%

Value $1.546M (-0.6%) Shares 6,902 (-9.8%) Est. Cost $76.95 Unrealized —

SPYV SPDR SERIES TRUST 0.0%

Value $314K (+1.5%) Shares 5,162 (-5.5%) Est. Cost $39.35 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	41,468 (-3.2%)	$49.74M (+26.2%)	6.0%	$100.08	—	COM	532457108
XLK	SELECT SECTOR SPDR TR	183,366 (-2.8%)	$34.93M (+39.3%)	4.2%	$154.64	—	ST STR TECHN ETF	81369Y803
SPYM	SPDR SERIES TRUST	4,217 (-95.5%)	$371K (-94.8%)	0.0%	$75.89	—	ST STR P500ETF	78464A854
DHR	DANAHER CORP DEL	1,434 (-95.6%)	$273K (-95.6%)	0.0%	$150.83	—	COM	235851102
AMD	ADVANCED MICRO DEVICES INC	14,885 (-9.7%)	$8.647M (+157.7%)	1.1%	$122.98	—	COM	007903107
ISRG	INTUITIVE SURGICAL INC	65,012 (-1.2%)	$25.85M (-14.8%)	3.1%	$263.44	—	COM NEW	46120E602
XOM	EXXON MOBIL CORP	54,852 (-12.1%)	$7.499M (-29.1%)	0.9%	$65.28	—	COM	30231G102
GOOG	ALPHABET INC	69,548 (-9.7%)	$24.57M (+11.2%)	3.0%	$114.72	—	CAP STK CL C	02079K107
CSCO	CISCO SYS INC	78,777 (-9.8%)	$9.253M (+36.5%)	1.1%	$36.60	—	COM	17275R102
URI	UNITED RENTALS INC	6,358 (-8.0%)	$7.203M (+43.1%)	0.9%	$403.68	—	COM	911363109
SPY	STATE STR SPDR S&P 500 ETF T	17,847 (-1.1%)	$13.33M (+13.6%)	1.6%	$412.75	—	TR UNIT	78462F103
AAPL	APPLE INC	90,281 (-6.8%)	$26.12M (+6.3%)	3.2%	$100.53	—	COM	037833100
CRM	SALESFORCE INC	27,549 (-7.9%)	$4.316M (-22.7%)	0.5%	$207.22	—	COM	79466L302
APH	AMPHENOL CORP	32,236 (-8.6%)	$5.684M (+27.5%)	0.7%	$67.73	—	CL A	032095101
MS	MORGAN STANLEY	39,691 (-9.3%)	$8.297M (+15.2%)	1.0%	$57.59	—	COM NEW	617446448
CIEN	CIENA CORP	32,177 (-15.0%)	$15.78M (+7.4%)	1.9%	$52.20	—	COM NEW	171779309
AMZN	AMAZON COM INC	74,153 (-7.2%)	$17.67M (+6.2%)	2.1%	$140.65	—	COM	023135106
GWW	WW GRAINGER INC	4,755 (-7.0%)	$6.469M (+16.0%)	0.8%	$807.54	—	COM	384802104
CVX	CHEVRON CORPORATION	17,138 (-4.1%)	$2.841M (-23.2%)	0.3%	$103.93	—	COM	166764100
NVDA	NVIDIA CORPORATION	166,403 (-10.5%)	$33.3M (+2.6%)	4.0%	$105.89	—	COM	67066G104
PEP	PEPSICO INC	30,389 (-4.6%)	$4.115M (-16.9%)	0.5%	$85.15	—	COM	713448108
V	VISA INC	28,649 (-4.0%)	$9.829M (+9.0%)	1.2%	$212.42	—	COM CL A	92826C839
AVGO	BROADCOM INC	32,068 (-12.3%)	$12.11M (+7.0%)	1.5%	$145.92	—	COM	11135F101
BKR	BAKER HUGHES COMPANY	73,486 (-7.8%)	$4.078M (-16.2%)	0.5%	$30.07	—	CL A	05722G100
JPM	JPMORGAN CHASE & CO	43,067 (-5.1%)	$14.1M (+5.6%)	1.7%	$65.10	—	COM	46625H100
MSFT	MICROSOFT CORP	65,547 (-3.3%)	$24.45M (-2.5%)	3.0%	$77.65	—	COM	594918104
AXP	AMERICAN EXPRESS CO	33,061 (-5.5%)	$11.18M (+5.7%)	1.4%	$166.40	—	COM	025816109
SLB	SLB LIMITED	61,429 (-7.4%)	$2.856M (-16.2%)	0.3%	$45.00	—	COM STK	806857108
XLE	SELECT SECTOR SPDR TR	51,987 (-1.9%)	$2.761M (-15.0%)	0.3%	$61.76	—	ST STR ENERG ETF	81369Y506
GNRC	GENERAC HLDGS INC	8,134 (-16.6%)	$2.382M (+25.0%)	0.3%	$148.07	—	COM	368736104
ROK	ROCKWELL AUTOMATION INC	5,870 (-13.5%)	$2.906M (+19.4%)	0.4%	$282.18	—	COM	773903109
WMT	WALMART INC	30,023 (-2.8%)	$3.4M (-11.4%)	0.4%	$63.56	—	COM	931142103
GS	GOLDMAN SACHS GROUP INC	4,633 (-7.8%)	$4.686M (+10.2%)	0.6%	$468.70	—	COM	38141G104
NUE	NUCOR CORP	15,469 (-13.4%)	$3.446M (+14.0%)	0.4%	$146.12	—	COM	670346105
META	META PLATFORMS INC	15,016 (-3.2%)	$8.458M (-4.7%)	1.0%	$393.27	—	CL A	30303M102
SBUX	STARBUCKS CORP	48,419 (-4.5%)	$4.948M (+8.9%)	0.6%	$82.67	—	COM	855244109
DUK	DUKE ENERGY CORP NEW	33,777 (-5.1%)	$4.275M (-8.3%)	0.5%	$99.05	—	COM NEW	26441C204
NEE	NEXTERA ENERGY INC	38,900 (-4.9%)	$3.414M (-10.1%)	0.4%	$69.06	—	COM	65339F101
UNH	UNITEDHEALTH GROUP INC	3,108 (-8.3%)	$1.292M (+40.8%)	0.2%	$292.97	—	COM	91324P102
PWR	QUANTA SVCS INC	7,277 (-18.1%)	$5.24M (+7.4%)	0.6%	$298.74	—	COM	74762E102
MRSH	MARSH & MCLENNAN COS INC	26,268 (-3.6%)	$4.378M (-7.4%)	0.5%	$109.81	—	COM	571748102
CAT	CATERPILLAR INC	1,154 (-8.0%)	$1.229M (+38.3%)	0.1%	$135.42	—	COM	149123101
SUB	ISHARES TR	9,715 (-23.8%)	$1.034M (-23.8%)	0.1%	$105.19	—	SHRT NAT MUN ETF	464288158
COP	CONOCOPHILLIPS	9,015 (-3.7%)	$937K (-24.1%)	0.1%	$44.97	—	COM	20825C104
MDLZ	MONDELEZ INTL INC	46,158 (-9.8%)	$2.67M (-9.5%)	0.3%	$62.48	—	CL A	609207105
FLR	FLUOR CORP	105,975 (-6.5%)	$5.552M (+5.0%)	0.7%	$34.72	—	COM	343412102
NOC	NORTHROP GRUMMAN CORP	525 (-31.4%)	$267K (-48.8%)	0.0%	$142.28	—	COM	666807102
BAC	BANK OF AMER CORP	47,649 (-5.9%)	$2.715M (+10.0%)	0.3%	$24.80	—	COM	060505104
HD	HOME DEPOT INC	12,942 (-10.1%)	$4.564M (-3.6%)	0.6%	$101.91	—	COM	437076102
COST	COSTCO WHOLESALE CORPORATION	924 (-9.6%)	$864K (-15.1%)	0.1%	$308.78	—	COM	22160K105
T	AT&T INC	16,204 (-3.3%)	$335K (-31.0%)	0.0%	$13.80	—	COM	00206R102
LMT	LOCKHEED MARTIN CORP	995 (-8.5%)	$507K (-22.8%)	0.1%	$264.96	—	COM	539830109
ABT	ABBOTT LABORATORIES	10,048 (-2.1%)	$912K (-13.5%)	0.1%	$34.51	—	COM	002824100
AMT	AMERICAN TOWER CORP	2,034 (-23.0%)	$333K (-27.0%)	0.0%	$152.20	—	COM	03027X100
CBRE	CBRE GROUP INC	29,522 (-2.2%)	$3.976M (-2.7%)	0.5%	$133.25	—	CL A	12504L109
LECO	LINCOLN ELEC HLDGS INC	13,389 (-3.6%)	$3.555M (+2.8%)	0.4%	$140.34	—	COM	533900106
MRK	MERCK & CO INC	6,926 (-14.8%)	$890K (-8.9%)	0.1%	$47.80	—	COM	58933Y105
CSX	CSX CORP	79,778 (-11.6%)	$3.792M (+2.3%)	0.5%	$28.95	—	COM	126408103
RTX	RTX CORPORATION	7,655 (-3.9%)	$1.452M (-5.5%)	0.2%	$85.24	—	COM	75513E101
PFE	PFIZER INC	10,405 (-12.6%)	$251K (-25.1%)	0.0%	$24.37	—	COM	717081103
SHW	SHERWIN WILLIAMS CO	12,964 (-5.4%)	$4.464M (+1.6%)	0.5%	$228.47	—	COM	824348106
SPYG	SPDR SERIES TRUST	3,881 (-4.6%)	$462K (+16.0%)	0.1%	$59.96	—	ST STR P500GRW	78464A409
GTLS	CHART INDS INC	1,121 (-20.9%)	$234K (-20.1%)	0.0%	$138.39	—	COM	16115Q308
XLU	SELECT SECTOR SPDR TR	37,524 (-2.0%)	$1.701M (-3.2%)	0.2%	$59.21	—	ST STR UTIL ETF	81369Y886
SO	SOUTHERN CO	18,133 (-2.0%)	$1.736M (-2.9%)	0.2%	$66.31	—	COM	842587107
JNJ	JOHNSON & JOHNSON	7,963 (-1.5%)	$2.022M (+2.3%)	0.2%	$76.27	—	COM	478160104
SYY	SYSCO CORP	4,258 (-2.7%)	$356K (+14.1%)	0.0%	$56.12	—	COM	871829107
PG	PROCTER & GAMBLE CO	15,925 (-3.0%)	$2.335M (-1.5%)	0.3%	$81.37	—	COM	742718109
BMY	BRISTOL-MYERS SQUIBB CO	3,620 (-6.9%)	$209K (-11.6%)	0.0%	$35.92	—	COM	110122108
TMO	THERMO FISHER SCIENTIFIC INC	15,119 (-1.8%)	$7.58M (+0.1%)	0.9%	$155.47	—	COM	883556102
ADP	AUTOMATIC DATA PROCESSING IN	6,902 (-9.8%)	$1.546M (-0.6%)	0.2%	$76.95	—	COM	053015103
SPYV	SPDR SERIES TRUST	5,162 (-5.5%)	$314K (+1.5%)	0.0%	$39.35	—	ST STR P500VAL	78464A508

Unchanged Positions (48)

OBT ORANGE CNTY BANCORP INC 4.7%

Value $39.02M Shares 1,060,922 Est. Cost $19.04 Unrealized —

ABBV ABBVIE INC 1.4%

Value $11.47M Shares 45,583 Est. Cost $138.41 Unrealized —

SPSM SPDR SERIES TRUST 1.1%

Value $8.846M Shares 153,397 Est. Cost $41.42 Unrealized —

MDT MEDTRONIC PLC 1.0%

Value $7.955M Shares 101,692 Est. Cost $59.70 Unrealized —

XLF SELECT SECTOR SPDR TR 1.3%

Value $10.52M Shares 196,199 Est. Cost $38.67 Unrealized —

MCD MCDONALDS CORP 0.6%

Value $4.54M Shares 16,796 Est. Cost $212.10 Unrealized —

XLY SELECT SECTOR SPDR TR 1.0%

Value $8.21M Shares 70,000 Est. Cost $150.79 Unrealized —

XLV SELECT SECTOR SPDR TR 1.0%

Value $7.959M Shares 50,164 Est. Cost $134.80 Unrealized —

GLW CORNING INC 0.1%

Value $1.097M Shares 4,295 Est. Cost $12.58 Unrealized —

AZO AUTOZONE INC 0.8%

Value $6.766M Shares 2,117 Est. Cost $2308.67 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value $1.996M Shares 2,710 Est. Cost $298.33 Unrealized —

MDY STATE STR SPDR S&P MIDCAP 40 0.4%

Value $3.178M Shares 4,519 Est. Cost $454.21 Unrealized —

GOOGL ALPHABET INC 0.2%

Value $1.73M Shares 4,842 Est. Cost $120.22 Unrealized —

RMD RESMED INC 0.3%

Value $2.144M Shares 11,000 Est. Cost $57.28 Unrealized —

GE GE AEROSPACE 0.2%

Value $1.36M Shares 3,640 Est. Cost $53.20 Unrealized —

IYW ISHARES TR 0.1%

Value $1.077M Shares 4,270 Est. Cost $113.76 Unrealized —

SPMD SPDR SERIES TRUST 0.3%

Value $2.279M Shares 33,727 Est. Cost $52.12 Unrealized —

WBS WEBSTER FINL CORP 0.3%

Value $2.767M Shares 36,210 Est. Cost $46.88 Unrealized —

GEV GE VERNOVA INC 0.1%

Value $948K Shares 807 Est. Cost $191.56 Unrealized —

IJR ISHARES TR 0.1%

Value $685K Shares 4,618 Est. Cost $85.36 Unrealized —

XLRE SELECT SECTOR SPDR TR 0.2%

Value $1.578M Shares 35,843 Est. Cost $40.47 Unrealized —

CVS CVS HEALTH CORP 0.0%

Value $355K Shares 3,434 Est. Cost $50.34 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $503K Shares 11,869 Est. Cost $32.05 Unrealized —

IVV ISHARES TR 0.1%

Value $658K Shares 879 Est. Cost $427.23 Unrealized —

MELI MERCADOLIBRE INC 0.4%

Value $3.658M Shares 2,155 Est. Cost $2328.10 Unrealized —

EMR EMERSON ELEC CO 0.1%

Value $880K Shares 6,149 Est. Cost $53.92 Unrealized —

XLP SELECT SECTOR SPDR TR 0.5%

Value $4.212M Shares 50,709 Est. Cost $75.33 Unrealized —

PNC PNC FINL SVCS GROUP INC 0.0%

Value $314K Shares 1,275 Est. Cost $133.44 Unrealized —

EXR EXTRA SPACE STORAGE INC 0.0%

Value $409K Shares 2,812 Est. Cost $121.22 Unrealized —

HSY HERSHEY CO 0.0%

Value $205K Shares 1,168 Est. Cost $179.69 Unrealized —

BFOR ALPS ETF TR 0.0%

Value $287K Shares 3,000 Est. Cost $71.72 Unrealized —

BX BLACKSTONE INC 0.2%

Value $1.307M Shares 11,104 Est. Cost $93.81 Unrealized —

HUBB HUBBELL INC 0.1%

Value $471K Shares 900 Est. Cost $199.94 Unrealized —

BA BOEING CO 0.0%

Value $365K Shares 1,687 Est. Cost $134.66 Unrealized —

KO COCA COLA CO 0.0%

Value $363K Shares 4,469 Est. Cost $40.41 Unrealized —

FLOT ISHARES TR 1.1%

Value $8.81M Shares 172,579 Est. Cost $50.56 Unrealized —

VLO VALERO ENERGY CORP 0.0%

Value $371K Shares 1,425 Est. Cost $147.81 Unrealized —

CB CHUBB LIMITED 0.1%

Value $443K Shares 1,300 Est. Cost $193.92 Unrealized —

OSK OSHKOSH CORP 0.0%

Value $377K Shares 2,456 Est. Cost $52.63 Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value $585K Shares 1,139 Est. Cost $346.95 Unrealized —

BALL BALL CORP 0.0%

Value $218K Shares 3,500 Est. Cost $60.27 Unrealized —

ITW ILLINOIS TOOL WKS INC 0.0%

Value $387K Shares 1,430 Est. Cost $89.72 Unrealized —

NYF ISHARES TR 0.1%

Value $551K Shares 10,226 Est. Cost $51.28 Unrealized —

— NUVEEN MUN VALUE FD INC 0.0%

Value $339K Shares 36,714 Est. Cost $10.46 Unrealized —

AMGN AMGEN INC 0.0%

Value $253K Shares 700 Est. Cost $167.30 Unrealized —

PLG PLATINUM GROUP METALS LTD 0.0%

Value $17,752 Shares 13,150 Est. Cost $1.29 Unrealized —

ED CONSOLIDATED EDISON INC 0.0%

Value $228K Shares 2,057 Est. Cost $81.99 Unrealized —

DIS DISNEY WALT CO 0.0%

Value $321K Shares 3,335 Est. Cost $94.39 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	1,060,922	$39.02M	4.7%	$19.04	—	COM	68417L107
ABBV	ABBVIE INC	45,583	$11.47M	1.4%	$138.41	—	COM	00287Y109
SPSM	SPDR SERIES TRUST	153,397	$8.846M	1.1%	$41.42	—	ST STR SP600 SML	78468R853
MDT	MEDTRONIC PLC	101,692	$7.955M	1.0%	$59.70	—	SHS	G5960L103
XLF	SELECT SECTOR SPDR TR	196,199	$10.52M	1.3%	$38.67	—	ST STR FINL ETF	81369Y605
MCD	MCDONALDS CORP	16,796	$4.54M	0.6%	$212.10	—	COM	580135101
XLY	SELECT SECTOR SPDR TR	70,000	$8.21M	1.0%	$150.79	—	ST STR DISCR ETF	81369Y407
XLV	SELECT SECTOR SPDR TR	50,164	$7.959M	1.0%	$134.80	—	ST STR CARE ETF	81369Y209
GLW	CORNING INC	4,295	$1.097M	0.1%	$12.58	—	COM	219350105
AZO	AUTOZONE INC	2,117	$6.766M	0.8%	$2308.67	—	COM	053332102
QQQ	INVESCO QQQ TR	2,710	$1.996M	0.2%	$298.33	—	UNIT SER 1	46090E103
MDY	STATE STR SPDR S&P MIDCAP 40	4,519	$3.178M	0.4%	$454.21	—	UTSER1 S&PDCRP	78467Y107
GOOGL	ALPHABET INC	4,842	$1.73M	0.2%	$120.22	—	CAP STK CL A	02079K305
RMD	RESMED INC	11,000	$2.144M	0.3%	$57.28	—	COM	761152107
GE	GE AEROSPACE	3,640	$1.36M	0.2%	$53.20	—	COM NEW	369604301
IYW	ISHARES TR	4,270	$1.077M	0.1%	$113.76	—	U.S. TECH ETF	464287721
SPMD	SPDR SERIES TRUST	33,727	$2.279M	0.3%	$52.12	—	ST STR P400MID	78464A847
WBS	WEBSTER FINL CORP	36,210	$2.767M	0.3%	$46.88	—	COM	947890109
GEV	GE VERNOVA INC	807	$948K	0.1%	$191.56	—	COM	36828A101
IJR	ISHARES TR	4,618	$685K	0.1%	$85.36	—	CORE S&P SCP ETF	464287804
XLRE	SELECT SECTOR SPDR TR	35,843	$1.578M	0.2%	$40.47	—	ST STR REAL ETF	81369Y860
CVS	CVS HEALTH CORP	3,434	$355K	0.0%	$50.34	—	COM	126650100
VZ	VERIZON COMMUNICATIONS INC	11,869	$503K	0.1%	$32.05	—	COM	92343V104
IVV	ISHARES TR	879	$658K	0.1%	$427.23	—	CORE S&P500 ETF	464287200
MELI	MERCADOLIBRE INC	2,155	$3.658M	0.4%	$2328.10	—	COM	58733R102
EMR	EMERSON ELEC CO	6,149	$880K	0.1%	$53.92	—	COM	291011104
XLP	SELECT SECTOR SPDR TR	50,709	$4.212M	0.5%	$75.33	—	ST STR STAPL ETF	81369Y308
PNC	PNC FINL SVCS GROUP INC	1,275	$314K	0.0%	$133.44	—	COM	693475105
EXR	EXTRA SPACE STORAGE INC	2,812	$409K	0.0%	$121.22	—	COM	30225T102
HSY	HERSHEY CO	1,168	$205K	0.0%	$179.69	—	COM	427866108
BFOR	ALPS ETF TR	3,000	$287K	0.0%	$71.72	—	BARRONS 400 ETF	00162Q726
BX	BLACKSTONE INC	11,104	$1.307M	0.2%	$93.81	—	COM	09260D107
HUBB	HUBBELL INC	900	$471K	0.1%	$199.94	—	COM	443510607
BA	BOEING CO	1,687	$365K	0.0%	$134.66	—	COM	097023105
KO	COCA COLA CO	4,469	$363K	0.0%	$40.41	—	COM	191216100
FLOT	ISHARES TR	172,579	$8.81M	1.1%	$50.56	—	FLTG RATE NT ETF	46429B655
VLO	VALERO ENERGY CORP	1,425	$371K	0.0%	$147.81	—	COM	91913Y100
CB	CHUBB LIMITED	1,300	$443K	0.1%	$193.92	—	COM	H1467J104
OSK	OSHKOSH CORP	2,456	$377K	0.0%	$52.63	—	COM	688239201
MA	MASTERCARD INCORPORATED	1,139	$585K	0.1%	$346.95	—	CL A	57636Q104
BALL	BALL CORP	3,500	$218K	0.0%	$60.27	—	COM	058498106
ITW	ILLINOIS TOOL WKS INC	1,430	$387K	0.0%	$89.72	—	COM	452308109
NYF	ISHARES TR	10,226	$551K	0.1%	$51.28	—	NEW YORK MUN ETF	464288323
—	NUVEEN MUN VALUE FD INC	36,714	$339K	0.0%	$10.46	—	COM	670928100
AMGN	AMGEN INC	700	$253K	0.0%	$167.30	—	COM	031162100
PLG	PLATINUM GROUP METALS LTD	13,150	$17,752	0.0%	$1.29	—	COM	72765Q882
ED	CONSOLIDATED EDISON INC	2,057	$228K	0.0%	$81.99	—	COM	209115104
DIS	DISNEY WALT CO	3,335	$321K	0.0%	$94.39	—	COM	254687106