ARGUS INVESTORS' COUNSEL, INC. Diversified Active

CIK: 0000007195 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 22, 2026

Total Value ($000): $125,192 (100.0% shares, 0.0% debt)

Holdings (105)

New Positions (4)

TMO Thermo Fisher Scientific 0.5%

Value ($000) $585 Shares 1,009 Est. Cost $565.16 Unrealized 0.0%

HWM Howmet Aerospace Inc 0.4%

Value ($000) $557 Shares 2,715 Est. Cost $199.00 Unrealized 0.0%

DMBS Doubleline ETF Trust-Mortgage 0.2%

Value ($000) $260 Shares 5,242 Est. Cost $49.66 Unrealized —

SHEL Shell PLC 0.2%

Value ($000) $201 Shares 2,731 Est. Cost $73.48 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TMO	Thermo Fisher Scientific	1,009	$585	0.5%	$565.16	0.0%	COM	883556102
HWM	Howmet Aerospace Inc	2,715	$557	0.4%	$199.00	0.0%	COM	443201108
DMBS	Doubleline ETF Trust-Mortgage	5,242	$260	0.2%	$49.66	—	COM	25861R402
SHEL	Shell PLC	2,731	$201	0.2%	$73.48	—	COM	780259305

Increased Positions (34)

GOOGL Alphabet Inc 4.5%

Value ($000) $5,621 (+40.2%) Shares 17,958 (+8.9%) Est. Cost $119.58 Unrealized +138.8%

LLY Eli Lilly and Company 3.5%

Value ($000) $4,375 (+43.1%) Shares 4,071 (+1.6%) Est. Cost $286.86 Unrealized +233.1%

AMAT Applied Materials Inc 2.3%

Value ($000) $2,920 (+56.0%) Shares 11,361 (+24.3%) Est. Cost $159.35 Unrealized +50.3%

— Constellation Energy Corp 0.6%

Value ($000) $777 (+183.5%) Shares 2,200 (+164.1%) Est. Cost $341.91 Unrealized —

NVDA Nvidia Corp 4.5%

Value ($000) $5,673 (+8.8%) Shares 30,420 (+8.9%) Est. Cost $98.85 Unrealized +88.3%

NOW ServiceNow Inc 1.1%

Value ($000) $1,328 (-16.9%) Shares 8,671 (+399.2%) Est. Cost $175.99 Unrealized -2.5%

COST Costco Wholesale Corp 3.2%

Value ($000) $3,961 (-5.8%) Shares 4,594 (+1.1%) Est. Cost $137.44 Unrealized +559.0%

NFLX Netflix Inc 0.6%

Value ($000) $737 (-22.3%) Shares 7,860 (+893.7%) Est. Cost $101.74 Unrealized +6.0%

AXP American Express Co 1.1%

Value ($000) $1,433 (+14.4%) Shares 3,874 (+2.7%) Est. Cost $96.35 Unrealized +270.5%

JPM JPMorgan Chase & Co 3.5%

Value ($000) $4,379 (+3.4%) Shares 13,590 (+1.2%) Est. Cost $88.00 Unrealized +251.7%

KLAC KLA Corporation 0.7%

Value ($000) $928 (+18.2%) Shares 764 (+4.9%) Est. Cost $662.15 Unrealized +77.0%

WMT Walmart Inc 0.9%

Value ($000) $1,067 (+13.6%) Shares 9,576 (+5.1%) Est. Cost $60.28 Unrealized +77.8%

PH Parker-Hannifin Corp 0.5%

Value ($000) $675 (+23.0%) Shares 768 (+6.1%) Est. Cost $516.83 Unrealized +58.2%

NDAQ Nasdaq Inc 0.5%

Value ($000) $671 (+16.7%) Shares 6,907 (+6.3%) Est. Cost $57.45 Unrealized +56.2%

TJX TJX Companies 0.8%

Value ($000) $1,009 (+10.1%) Shares 6,566 (+3.6%) Est. Cost $89.78 Unrealized +64.5%

MSFT Microsoft Corp 1.6%

Value ($000) $1,992 (-4.3%) Shares 4,118 (+2.5%) Est. Cost $59.76 Unrealized +737.7%

BK Bank of New York Mellon Corp 0.6%

Value ($000) $801 (+12.6%) Shares 6,901 (+5.7%) Est. Cost $77.40 Unrealized +42.8%

NUE Nucor Corp 0.3%

Value ($000) $374 (+28.9%) Shares 2,290 (+7.0%) Est. Cost $53.77 Unrealized +178.5%

IEI iShares 3-7 Yr Treasury Bond E 0.6%

Value ($000) $729 (+12.4%) Shares 6,106 (+12.6%) Est. Cost $119.42 Unrealized —

AIG American International Group 0.4%

Value ($000) $509 (+15.6%) Shares 5,954 (+6.1%) Est. Cost $74.04 Unrealized +7.6%

MCK McKesson Corp 0.5%

Value ($000) $564 (+12.4%) Shares 687 (+5.9%) Est. Cost $581.21 Unrealized +40.3%

GE GE Aerospace 0.8%

Value ($000) $1,007 (+5.6%) Shares 3,268 (+3.1%) Est. Cost $221.08 Unrealized +36.1%

J Jacobs Solutions Inc 0.4%

Value ($000) $528 (-7.5%) Shares 3,988 (+4.6%) Est. Cost $117.01 Unrealized +25.1%

MA Mastercard Inc CL A 0.8%

Value ($000) $983 (+4.2%) Shares 1,721 (+3.9%) Est. Cost $368.19 Unrealized +51.8%

AMT American Twr Corp-REIT 0.2%

Value ($000) $252 (+15.4%) Shares 1,435 (+26.4%) Est. Cost $183.75 Unrealized -1.9%

EFA iShares MSCI EAFE ETF 0.5%

Value ($000) $596 (+5.6%) Shares 6,203 (+2.6%) Est. Cost $71.84 Unrealized —

SYK Stryker Corp 0.8%

Value ($000) $986 (-2.0%) Shares 2,804 (+3.1%) Est. Cost $88.86 Unrealized +309.0%

ECL Ecolab Inc 0.4%

Value ($000) $549 (+3.7%) Shares 2,091 (+8.2%) Est. Cost $253.36 Unrealized +4.9%

APD Air Prods & Chems Inc 0.2%

Value ($000) $221 (+8.8%) Shares 895 (+20.1%) Est. Cost $120.75 Unrealized +108.4%

IP International Paper Co 0.2%

Value ($000) $244 (+7.5%) Shares 6,190 (+26.6%) Est. Cost $30.97 Unrealized +31.9%

CTAS Cintas Corporation 0.5%

Value ($000) $613 (-2.6%) Shares 3,257 (+6.3%) Est. Cost $166.28 Unrealized +13.1%

VZ Verizon Communications Inc 0.3%

Value ($000) $327 (+2.9%) Shares 8,036 (+11.1%) Est. Cost $31.47 Unrealized +28.6%

PGX Invesco Preferred ETF 0.4%

Value ($000) $520 (-0.6%) Shares 46,279 (+2.6%) Est. Cost $14.19 Unrealized —

RJF Raymond James Financial Inc 0.4%

Value ($000) $484 (-0.1%) Shares 3,011 (+7.4%) Est. Cost $94.19 Unrealized +70.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet Inc	17,958 (+8.9%)	$5,621 (+40.2%)	4.5%	$119.58	+138.8%	COM	02079K305
LLY	Eli Lilly and Company	4,071 (+1.6%)	$4,375 (+43.1%)	3.5%	$286.86	+233.1%	COM	532457108
AMAT	Applied Materials Inc	11,361 (+24.3%)	$2,920 (+56.0%)	2.3%	$159.35	+50.3%	COM	038222105
—	Constellation Energy Corp	2,200 (+164.1%)	$777 (+183.5%)	0.6%	$341.91	—	COM	21037t109
NVDA	Nvidia Corp	30,420 (+8.9%)	$5,673 (+8.8%)	4.5%	$98.85	+88.3%	COM	67066G104
NOW	ServiceNow Inc	8,671 (+399.2%)	$1,328 (-16.9%)	1.1%	$175.99	-2.5%	COM	81762P102
COST	Costco Wholesale Corp	4,594 (+1.1%)	$3,961 (-5.8%)	3.2%	$137.44	+559.0%	COM	22160K105
NFLX	Netflix Inc	7,860 (+893.7%)	$737 (-22.3%)	0.6%	$101.74	+6.0%	COM	64110L106
AXP	American Express Co	3,874 (+2.7%)	$1,433 (+14.4%)	1.1%	$96.35	+270.5%	COM	025816109
JPM	JPMorgan Chase & Co	13,590 (+1.2%)	$4,379 (+3.4%)	3.5%	$88.00	+251.7%	COM	46625H100
KLAC	KLA Corporation	764 (+4.9%)	$928 (+18.2%)	0.7%	$662.15	+77.0%	COM	482480100
WMT	Walmart Inc	9,576 (+5.1%)	$1,067 (+13.6%)	0.9%	$60.28	+77.8%	COM	931142103
PH	Parker-Hannifin Corp	768 (+6.1%)	$675 (+23.0%)	0.5%	$516.83	+58.2%	COM	701094104
NDAQ	Nasdaq Inc	6,907 (+6.3%)	$671 (+16.7%)	0.5%	$57.45	+56.2%	COM	631103108
TJX	TJX Companies	6,566 (+3.6%)	$1,009 (+10.1%)	0.8%	$89.78	+64.5%	COM	872540109
MSFT	Microsoft Corp	4,118 (+2.5%)	$1,992 (-4.3%)	1.6%	$59.76	+737.7%	COM	594918104
BK	Bank of New York Mellon Corp	6,901 (+5.7%)	$801 (+12.6%)	0.6%	$77.40	+42.8%	COM	064058100
NUE	Nucor Corp	2,290 (+7.0%)	$374 (+28.9%)	0.3%	$53.77	+178.5%	COM	670346105
IEI	iShares 3-7 Yr Treasury Bond E	6,106 (+12.6%)	$729 (+12.4%)	0.6%	$119.42	—	COM	464288661
AIG	American International Group	5,954 (+6.1%)	$509 (+15.6%)	0.4%	$74.04	+7.6%	COM	026874784
MCK	McKesson Corp	687 (+5.9%)	$564 (+12.4%)	0.5%	$581.21	+40.3%	COM	58155Q103
GE	GE Aerospace	3,268 (+3.1%)	$1,007 (+5.6%)	0.8%	$221.08	+36.1%	COM	369604301
J	Jacobs Solutions Inc	3,988 (+4.6%)	$528 (-7.5%)	0.4%	$117.01	+25.1%	COM	46982L108
MA	Mastercard Inc CL A	1,721 (+3.9%)	$983 (+4.2%)	0.8%	$368.19	+51.8%	COM	57636Q104
AMT	American Twr Corp-REIT	1,435 (+26.4%)	$252 (+15.4%)	0.2%	$183.75	-1.9%	COM	03027X100
EFA	iShares MSCI EAFE ETF	6,203 (+2.6%)	$596 (+5.6%)	0.5%	$71.84	—	COM	464287465
SYK	Stryker Corp	2,804 (+3.1%)	$986 (-2.0%)	0.8%	$88.86	+309.0%	COM	863667101
ECL	Ecolab Inc	2,091 (+8.2%)	$549 (+3.7%)	0.4%	$253.36	+4.9%	COM	278865100
APD	Air Prods & Chems Inc	895 (+20.1%)	$221 (+8.8%)	0.2%	$120.75	+108.4%	COM	009158106
IP	International Paper Co	6,190 (+26.6%)	$244 (+7.5%)	0.2%	$30.97	+31.9%	COM	460146103
CTAS	Cintas Corporation	3,257 (+6.3%)	$613 (-2.6%)	0.5%	$166.28	+13.1%	COM	172908105
VZ	Verizon Communications Inc	8,036 (+11.1%)	$327 (+2.9%)	0.3%	$31.47	+28.6%	COM	92343V104
PGX	Invesco Preferred ETF	46,279 (+2.6%)	$520 (-0.6%)	0.4%	$14.19	—	COM	46138E511
RJF	Raymond James Financial Inc	3,011 (+7.4%)	$484 (-0.1%)	0.4%	$94.19	+70.9%	COM	754730109

Exited Positions (9)

HCA HCA Healthcare Inc 0.4%

Value ($000) $554 Shares 1,300 Est. Cost $218.18 Unrealized +112.5%

INTU Intuit Inc 0.4%

Value ($000) $554 Shares 811 Est. Cost $453.36 Unrealized +45.7%

ZTS Zoetis Inc 0.3%

Value ($000) $389 Shares 2,660 Est. Cost $62.17 Unrealized +109.5%

BMI Badger Meter Inc 0.3%

Value ($000) $340 Shares 1,902 Est. Cost $156.22 Unrealized +15.1%

TBIL US Treasury 3 Month Bill ETF 0.2%

Value ($000) $237 Shares 4,748 Est. Cost $50.03 Unrealized —

CMG Chipotle Mexican Grill 0.2%

Value ($000) $225 Shares 5,738 Est. Cost $61.49 Unrealized -41.2%

KIM Kimco Realty Corp 0.2%

Value ($000) $214 Shares 9,800 Est. Cost $20.09 Unrealized +2.4%

PSX Phillips 66 0.2%

Value ($000) $208 Shares 1,526 Est. Cost $126.39 Unrealized +6.0%

MCD McDonalds Corp 0.2%

Value ($000) $201 Shares 663 Est. Cost $133.36 Unrealized +128.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HCA	HCA Healthcare Inc	1,300	$554	0.4%	$218.18	+112.5%	—	40412C101
INTU	Intuit Inc	811	$554	0.4%	$453.36	+45.7%	—	461202103
ZTS	Zoetis Inc	2,660	$389	0.3%	$62.17	+109.5%	—	98978V103
BMI	Badger Meter Inc	1,902	$340	0.3%	$156.22	+15.1%	—	056525108
TBIL	US Treasury 3 Month Bill ETF	4,748	$237	0.2%	$50.03	—	—	74933W452
CMG	Chipotle Mexican Grill	5,738	$225	0.2%	$61.49	-41.2%	—	169656105
KIM	Kimco Realty Corp	9,800	$214	0.2%	$20.09	+2.4%	—	49446R109
PSX	Phillips 66	1,526	$208	0.2%	$126.39	+6.0%	—	718546104
MCD	McDonalds Corp	663	$201	0.2%	$133.36	+128.8%	—	580135101

Decreased Positions (10)

HD Home Depot Inc 0.2%

Value ($000) $248 (-71.9%) Shares 720 (-66.9%) Est. Cost $78.86 Unrealized +362.3%

SPGI S&P Global Inc 1.5%

Value ($000) $1,922 (-19.0%) Shares 3,677 (-24.6%) Est. Cost $374.11 Unrealized +32.1%

TRGP Targa Resources Corp 1.5%

Value ($000) $1,920 (-15.2%) Shares 10,407 (-23.0%) Est. Cost $171.91 Unrealized -2.2%

GLW Corning Inc 0.3%

Value ($000) $357 (-13.8%) Shares 4,077 (-19.2%) Est. Cost $15.84 Unrealized +442.9%

IWF iShares Russell 1000 Grw ETF 1.0%

Value ($000) $1,243 (-3.9%) Shares 2,626 (-4.9%) Est. Cost $235.33 Unrealized —

CAT Caterpillar Inc 0.3%

Value ($000) $341 (-7.2%) Shares 595 (-22.7%) Est. Cost $78.07 Unrealized +611.6%

AVGO Broadcom Inc 1.1%

Value ($000) $1,379 (+1.3%) Shares 3,985 (-3.4%) Est. Cost $145.06 Unrealized +146.1%

WM Waste Management Inc 0.2%

Value ($000) $251 (-2.8%) Shares 1,141 (-2.3%) Est. Cost $203.18 Unrealized +4.6%

SCHD Schwab US Dividend Equity ETF 0.3%

Value ($000) $388 (-1.1%) Shares 14,127 (-1.6%) Est. Cost $40.94 Unrealized —

IVV iShares Core S&P 500 0.3%

Value ($000) $332 (+0.5%) Shares 485 (-1.8%) Est. Cost $412.03 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	Home Depot Inc	720 (-66.9%)	$248 (-71.9%)	0.2%	$78.86	+362.3%	COM	437076102
SPGI	S&P Global Inc	3,677 (-24.6%)	$1,922 (-19.0%)	1.5%	$374.11	+32.1%	COM	78409V104
TRGP	Targa Resources Corp	10,407 (-23.0%)	$1,920 (-15.2%)	1.5%	$171.91	-2.2%	COM	87612G101
GLW	Corning Inc	4,077 (-19.2%)	$357 (-13.8%)	0.3%	$15.84	+442.9%	COM	219350105
IWF	iShares Russell 1000 Grw ETF	2,626 (-4.9%)	$1,243 (-3.9%)	1.0%	$235.33	—	COM	464287614
CAT	Caterpillar Inc	595 (-22.7%)	$341 (-7.2%)	0.3%	$78.07	+611.6%	COM	149123101
AVGO	Broadcom Inc	3,985 (-3.4%)	$1,379 (+1.3%)	1.1%	$145.06	+146.1%	COM	11135F101
WM	Waste Management Inc	1,141 (-2.3%)	$251 (-2.8%)	0.2%	$203.18	+4.6%	COM	94106L109
SCHD	Schwab US Dividend Equity ETF	14,127 (-1.6%)	$388 (-1.1%)	0.3%	$40.94	—	COM	808524797
IVV	iShares Core S&P 500	485 (-1.8%)	$332 (+0.5%)	0.3%	$412.03	—	COM	464287200

Unchanged Positions (57)

ORCL Oracle Corp 2.5%

Value ($000) $3,116 Shares 15,989 Est. Cost $129.29 Unrealized +84.1%

AXON Axon Enterprise Inc 2.0%

Value ($000) $2,505 Shares 4,410 Est. Cost $306.03 Unrealized +102.8%

URI United Rentals Inc 2.2%

Value ($000) $2,717 Shares 3,357 Est. Cost $452.57 Unrealized +91.6%

META Meta Platforms Inc 3.3%

Value ($000) $4,160 Shares 6,302 Est. Cost $278.45 Unrealized +139.7%

ADI Analog Devices Inc 2.8%

Value ($000) $3,456 Shares 12,744 Est. Cost $132.27 Unrealized +89.5%

AAPL Apple Inc 3.8%

Value ($000) $4,784 Shares 17,596 Est. Cost $93.21 Unrealized +187.9%

WFC Wells Fargo & Company 2.3%

Value ($000) $2,928 Shares 31,416 Est. Cost $49.09 Unrealized +76.5%

DASH DoorDash Inc 1.2%

Value ($000) $1,441 Shares 6,364 Est. Cost $250.83 Unrealized -6.5%

TT Trane Technologies plc 2.6%

Value ($000) $3,292 Shares 8,457 Est. Cost $257.95 Unrealized +60.3%

BLK BlackRock Inc 2.1%

Value ($000) $2,691 Shares 2,514 Est. Cost $840.24 Unrealized +29.7%

RCL Royal Caribbean Cruises Ltd 1.1%

Value ($000) $1,399 Shares 5,015 Est. Cost $216.78 Unrealized +29.9%

ANET Arista Networks Inc 1.5%

Value ($000) $1,876 Shares 14,317 Est. Cost $119.57 Unrealized +15.1%

UBER Uber Technologies Inc 0.7%

Value ($000) $907 Shares 11,095 Est. Cost $84.78 Unrealized +6.2%

PYPL PayPal Holdings Inc 0.8%

Value ($000) $1,029 Shares 17,624 Est. Cost $77.38 Unrealized -16.2%

AMZN Amazon.com Inc 2.3%

Value ($000) $2,902 Shares 12,574 Est. Cost $128.00 Unrealized +78.7%

SCHW Schwab Charles Corp 2.3%

Value ($000) $2,871 Shares 28,736 Est. Cost $53.38 Unrealized +77.5%

PANW Palo Alto Networks 0.9%

Value ($000) $1,188 Shares 6,449 Est. Cost $191.42 Unrealized +5.4%

V Visa Inc 2.3%

Value ($000) $2,911 Shares 8,299 Est. Cost $100.67 Unrealized +238.1%

PWR Quanta Services Inc 2.8%

Value ($000) $3,526 Shares 8,355 Est. Cost $173.13 Unrealized +153.7%

BSX Boston Scientific Corp 2.0%

Value ($000) $2,553 Shares 26,772 Est. Cost $75.00 Unrealized +30.7%

AMGN Amgen Inc 0.3%

Value ($000) $437 Shares 1,334 Est. Cost $105.44 Unrealized +199.7%

XOM Exxon Mobil Corp 0.8%

Value ($000) $978 Shares 8,127 Est. Cost $63.14 Unrealized +82.9%

MAR Marriott International 0.3%

Value ($000) $327 Shares 1,055 Est. Cost $169.24 Unrealized +68.6%

TSM Taiwan Semiconductor Manufactu 0.5%

Value ($000) $621 Shares 2,045 Est. Cost $117.06 Unrealized —

JNJ Johnson & Johnson 0.3%

Value ($000) $422 Shares 2,037 Est. Cost $90.39 Unrealized +118.0%

TMUS T-Mobile US Inc 0.2%

Value ($000) $236 Shares 1,162 Est. Cost $190.37 Unrealized +11.0%

MS Morgan Stanley 0.3%

Value ($000) $382 Shares 2,150 Est. Cost $29.24 Unrealized +469.4%

CSCO Cisco Systems Inc 0.3%

Value ($000) $320 Shares 4,156 Est. Cost $21.46 Unrealized +243.8%

DUK Duke Energy Corp 0.4%

Value ($000) $521 Shares 4,448 Est. Cost $87.49 Unrealized +39.0%

ADP Automatic Data Processing Inc 0.2%

Value ($000) $230 Shares 894 Est. Cost $69.24 Unrealized +282.5%

BX Blackstone Inc 0.2%

Value ($000) $257 Shares 1,669 Est. Cost $121.77 Unrealized +24.4%

IBM International Business Machine 0.5%

Value ($000) $591 Shares 1,996 Est. Cost $190.44 Unrealized +56.9%

PG The Procter & Gamble Co 0.3%

Value ($000) $387 Shares 2,698 Est. Cost $71.15 Unrealized +106.8%

DKS DICK's Sporting Goods Inc 0.2%

Value ($000) $221 Shares 1,115 Est. Cost $204.10 Unrealized +6.4%

USB US Bancorp 0.2%

Value ($000) $279 Shares 5,233 Est. Cost $28.93 Unrealized +68.4%

TXN Texas Instruments Inc 0.3%

Value ($000) $392 Shares 2,259 Est. Cost $109.32 Unrealized +56.2%

SO The Southern Company 0.2%

Value ($000) $253 Shares 2,905 Est. Cost $73.42 Unrealized +23.8%

ABT Abbott Labs 0.2%

Value ($000) $265 Shares 2,115 Est. Cost $83.51 Unrealized +52.4%

ITW Illinois Tool Wks Inc 0.2%

Value ($000) $233 Shares 944 Est. Cost $83.07 Unrealized +198.0%

SPHQ Invesco S&P 500 Quality ETF 0.4%

Value ($000) $509 Shares 6,777 Est. Cost $67.00 Unrealized —

NSC Norfolk Southern Corp 0.2%

Value ($000) $289 Shares 1,000 Est. Cost $200.12 Unrealized +44.2%

BDX Becton Dickinson & Co 0.2%

Value ($000) $248 Shares 1,280 Est. Cost $119.74 Unrealized +58.3%

IWM iShares Russell 2000 Index ETF 0.4%

Value ($000) $502 Shares 2,038 Est. Cost $220.97 Unrealized —

VIG Vanguard Divided Appreciation 0.2%

Value ($000) $286 Shares 1,303 Est. Cost $193.99 Unrealized —

XHLF Bondbloxx Bloomberg Six Mth Ta 0.4%

Value ($000) $537 Shares 10,696 Est. Cost $50.30 Unrealized —

UNP Union Pacific Corp 0.2%

Value ($000) $243 Shares 1,050 Est. Cost $120.32 Unrealized +88.9%

FLOT IShares Floating Rate Bond ETF 0.5%

Value ($000) $584 Shares 11,489 Est. Cost $50.71 Unrealized —

CSX CSX Corp 0.2%

Value ($000) $205 Shares 5,659 Est. Cost $33.93 Unrealized +5.2%

GD General Dynamics Corp 0.2%

Value ($000) $286 Shares 851 Est. Cost $88.93 Unrealized +283.3%

EMR Emerson Elec Co 0.2%

Value ($000) $267 Shares 2,010 Est. Cost $44.86 Unrealized +195.1%

ADBE Adobe Inc 1.0%

Value ($000) $1,268 Shares 3,623 Est. Cost $316.07 Unrealized +7.6%

MRVL Marvell Technology Inc 0.2%

Value ($000) $252 Shares 2,970 Est. Cost $73.50 Unrealized +19.0%

VCIT Vanguard Interm-Tm Corp Bd Idx 0.5%

Value ($000) $570 Shares 6,811 Est. Cost $92.89 Unrealized —

AMP Ameriprise Financial Inc 0.2%

Value ($000) $296 Shares 604 Est. Cost $354.93 Unrealized +33.5%

DIS The Walt Disney Co 0.2%

Value ($000) $272 Shares 2,395 Est. Cost $80.24 Unrealized +36.5%

XONE Bondbloxx Bloomberg ETF 0.4%

Value ($000) $563 Shares 11,356 Est. Cost $49.63 Unrealized —

BSV Vanguard Short-Term Bd ETF 0.5%

Value ($000) $598 Shares 7,586 Est. Cost $79.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	Oracle Corp	15,989	$3,116	2.5%	$129.29	+84.1%	COM	68389X105
AXON	Axon Enterprise Inc	4,410	$2,505	2.0%	$306.03	+102.8%	COM	05464C101
URI	United Rentals Inc	3,357	$2,717	2.2%	$452.57	+91.6%	COM	911363109
META	Meta Platforms Inc	6,302	$4,160	3.3%	$278.45	+139.7%	COM	30303M102
ADI	Analog Devices Inc	12,744	$3,456	2.8%	$132.27	+89.5%	COM	032654105
AAPL	Apple Inc	17,596	$4,784	3.8%	$93.21	+187.9%	COM	037833100
WFC	Wells Fargo & Company	31,416	$2,928	2.3%	$49.09	+76.5%	COM	949746101
DASH	DoorDash Inc	6,364	$1,441	1.2%	$250.83	-6.5%	COM	25809K105
TT	Trane Technologies plc	8,457	$3,292	2.6%	$257.95	+60.3%	COM	G8994E103
BLK	BlackRock Inc	2,514	$2,691	2.1%	$840.24	+29.7%	COM	09290D101
RCL	Royal Caribbean Cruises Ltd	5,015	$1,399	1.1%	$216.78	+29.9%	COM	V7780T103
ANET	Arista Networks Inc	14,317	$1,876	1.5%	$119.57	+15.1%	COM	040413205
UBER	Uber Technologies Inc	11,095	$907	0.7%	$84.78	+6.2%	COM	90353T100
PYPL	PayPal Holdings Inc	17,624	$1,029	0.8%	$77.38	-16.2%	COM	70450Y103
AMZN	Amazon.com Inc	12,574	$2,902	2.3%	$128.00	+78.7%	COM	023135106
SCHW	Schwab Charles Corp	28,736	$2,871	2.3%	$53.38	+77.5%	COM	808513105
PANW	Palo Alto Networks	6,449	$1,188	0.9%	$191.42	+5.4%	COM	697435105
V	Visa Inc	8,299	$2,911	2.3%	$100.67	+238.1%	COM	92826C839
PWR	Quanta Services Inc	8,355	$3,526	2.8%	$173.13	+153.7%	COM	74762E102
BSX	Boston Scientific Corp	26,772	$2,553	2.0%	$75.00	+30.7%	COM	101137107
AMGN	Amgen Inc	1,334	$437	0.3%	$105.44	+199.7%	COM	031162100
XOM	Exxon Mobil Corp	8,127	$978	0.8%	$63.14	+82.9%	COM	30231G102
MAR	Marriott International	1,055	$327	0.3%	$169.24	+68.6%	COM	571903202
TSM	Taiwan Semiconductor Manufactu	2,045	$621	0.5%	$117.06	—	COM	874039100
JNJ	Johnson & Johnson	2,037	$422	0.3%	$90.39	+118.0%	COM	478160104
TMUS	T-Mobile US Inc	1,162	$236	0.2%	$190.37	+11.0%	COM	872590104
MS	Morgan Stanley	2,150	$382	0.3%	$29.24	+469.4%	COM	617446448
CSCO	Cisco Systems Inc	4,156	$320	0.3%	$21.46	+243.8%	COM	17275R102
DUK	Duke Energy Corp	4,448	$521	0.4%	$87.49	+39.0%	COM	26441C204
ADP	Automatic Data Processing Inc	894	$230	0.2%	$69.24	+282.5%	COM	053015103
BX	Blackstone Inc	1,669	$257	0.2%	$121.77	+24.4%	COM	09260D107
IBM	International Business Machine	1,996	$591	0.5%	$190.44	+56.9%	COM	459200101
PG	The Procter & Gamble Co	2,698	$387	0.3%	$71.15	+106.8%	COM	742718109
DKS	DICK's Sporting Goods Inc	1,115	$221	0.2%	$204.10	+6.4%	COM	253393102
USB	US Bancorp	5,233	$279	0.2%	$28.93	+68.4%	COM	902973304
TXN	Texas Instruments Inc	2,259	$392	0.3%	$109.32	+56.2%	COM	882508104
SO	The Southern Company	2,905	$253	0.2%	$73.42	+23.8%	COM	842587107
ABT	Abbott Labs	2,115	$265	0.2%	$83.51	+52.4%	COM	002824100
ITW	Illinois Tool Wks Inc	944	$233	0.2%	$83.07	+198.0%	COM	452308109
SPHQ	Invesco S&P 500 Quality ETF	6,777	$509	0.4%	$67.00	—	COM	46137V241
NSC	Norfolk Southern Corp	1,000	$289	0.2%	$200.12	+44.2%	COM	655844108
BDX	Becton Dickinson & Co	1,280	$248	0.2%	$119.74	+58.3%	COM	075887109
IWM	iShares Russell 2000 Index ETF	2,038	$502	0.4%	$220.97	—	COM	464287655
VIG	Vanguard Divided Appreciation	1,303	$286	0.2%	$193.99	—	COM	921908844
XHLF	Bondbloxx Bloomberg Six Mth Ta	10,696	$537	0.4%	$50.30	—	COM	09789C788
UNP	Union Pacific Corp	1,050	$243	0.2%	$120.32	+88.9%	COM	907818108
FLOT	IShares Floating Rate Bond ETF	11,489	$584	0.5%	$50.71	—	COM	46429B655
CSX	CSX Corp	5,659	$205	0.2%	$33.93	+5.2%	COM	126408103
GD	General Dynamics Corp	851	$286	0.2%	$88.93	+283.3%	COM	369550108
EMR	Emerson Elec Co	2,010	$267	0.2%	$44.86	+195.1%	COM	291011104
ADBE	Adobe Inc	3,623	$1,268	1.0%	$316.07	+7.6%	COM	00724F101
MRVL	Marvell Technology Inc	2,970	$252	0.2%	$73.50	+19.0%	COM	573874104
VCIT	Vanguard Interm-Tm Corp Bd Idx	6,811	$570	0.5%	$92.89	—	COM	92206C870
AMP	Ameriprise Financial Inc	604	$296	0.2%	$354.93	+33.5%	COM	03076C106
DIS	The Walt Disney Co	2,395	$272	0.2%	$80.24	+36.5%	COM	254687106
XONE	Bondbloxx Bloomberg ETF	11,356	$563	0.4%	$49.63	—	COM	09789C861
BSV	Vanguard Short-Term Bd ETF	7,586	$598	0.5%	$79.38	—	COM	921937827