First Financial Bankshares Inc Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RF	REGIONS FINANCIAL CORP NEW	843,022	$22,846	0.5%	$25.37	0.0%	COM	7591EP100
PAGP	PLAINS GP HLDGS L P	28,767	$551	0.0%	$19.14	—	LTD PARTNR INT A	72651A207
MSIF	MSC INCOME FUND INC	38,435	$505	0.0%	$13.28	0.0%	COM	55374X208
VGIT	VANGUARD SCOTTSDALE FDS	6,864	$411	0.0%	$59.93	—	INTER TERM TREAS	92206C706
BILS	SPDR SERIES TRUST	3,000	$298	0.0%	$99.22	—	BLOOMBERG 3-12 M	78468R523
DIS	DISNEY WALT CO	2,435	$277	0.0%	$109.53	0.0%	COM	254687106
NVO	NOVO-NORDISK A S	4,774	$243	0.0%	$50.88	—	ADR	670100205
IAUM	ISHARES GOLD TR	5,032	$216	0.0%	$42.99	—	SHARES REPRESENT	46436F103
SGOL	ETFS GOLD TR	5,100	$210	0.0%	$41.08	—	PHYSCL GOLD SHS	00326A104
RKLB	ROCKET LAB CORP	3,000	$209	0.0%	$57.32	0.0%	COM	773121108
VHT	VANGUARD WORLD FD	726	$209	0.0%	$287.85	—	HEALTH CAR ETF	92204A504

Increased Positions (55)

VOO VANGUARD INDEX FDS 1.0%

Value ($000) $48,995 (+522.4%) Shares 78,126 (+507.7%) Est. Cost $609.47 Unrealized —

META META PLATFORMS INC 1.9%

Value ($000) $93,702 (+49.7%) Shares 141,954 (+66.6%) Est. Cost $480.82 Unrealized +38.8%

JNJ JOHNSON & JOHNSON 3.0%

Value ($000) $146,806 (+14.1%) Shares 709,380 (+2.2%) Est. Cost $146.29 Unrealized +34.7%

MRK MERCK & CO INC 1.5%

Value ($000) $76,684 (+26.7%) Shares 728,519 (+1.0%) Est. Cost $96.31 Unrealized -3.2%

KO COCA COLA CO 1.5%

Value ($000) $75,976 (+20.6%) Shares 1,086,769 (+14.4%) Est. Cost $56.65 Unrealized +22.5%

ETN EATON CORP PLC 1.6%

Value ($000) $80,833 (-12.5%) Shares 253,785 (+2.8%) Est. Cost $233.13 Unrealized +52.0%

IJH ISHARES TR 3.9%

Value ($000) $192,770 (+6.0%) Shares 2,920,753 (+4.8%) Est. Cost $99.70 Unrealized —

CSCO CISCO SYS INC 1.6%

Value ($000) $81,187 (+14.8%) Shares 1,053,967 (+2.0%) Est. Cost $49.12 Unrealized +50.2%

BX BLACKSTONE INC 2.3%

Value ($000) $113,281 (-7.9%) Shares 734,922 (+2.1%) Est. Cost $103.09 Unrealized +46.9%

JPM JPMORGAN CHASE & CO. 4.8%

Value ($000) $237,568 (+3.7%) Shares 737,285 (+1.5%) Est. Cost $147.37 Unrealized +110.0%

BAC BANK AMERICA CORP 1.9%

Value ($000) $94,392 (+8.9%) Shares 1,716,213 (+2.2%) Est. Cost $32.35 Unrealized +62.8%

NEE NEXTERA ENERGY INC 1.6%

Value ($000) $79,327 (+10.5%) Shares 988,123 (+3.9%) Est. Cost $58.64 Unrealized +40.7%

VNQ VANGUARD INDEX FDS 0.5%

Value ($000) $26,969 (+36.5%) Shares 304,772 (+41.0%) Est. Cost $88.45 Unrealized —

KRE SPDR SERIES TRUST 0.6%

Value ($000) $31,921 (+28.2%) Shares 492,530 (+25.2%) Est. Cost $54.92 Unrealized —

NOW SERVICENOW INC 0.8%

Value ($000) $37,883 (-14.8%) Shares 247,294 (+411.7%) Est. Cost $169.42 Unrealized +1.3%

AVB AVALONBAY CMNTYS INC 0.3%

Value ($000) $14,239 (+60.9%) Shares 78,535 (+71.4%) Est. Cost $186.43 Unrealized -3.6%

HON HONEYWELL INTL INC 1.4%

Value ($000) $71,010 (-5.5%) Shares 363,988 (+2.0%) Est. Cost $173.10 Unrealized +12.7%

ISRG INTUITIVE SURGICAL INC 0.1%

Value ($000) $6,357 (+119.1%) Shares 11,225 (+73.0%) Est. Cost $407.72 Unrealized +30.6%

AEP AMERICAN ELEC PWR CO INC 1.5%

Value ($000) $74,498 (+4.6%) Shares 646,071 (+2.1%) Est. Cost $73.73 Unrealized +59.6%

VCSH VANGUARD SCOTTSDALE FDS 1.6%

Value ($000) $81,806 (+3.5%) Shares 1,026,042 (+3.7%) Est. Cost $77.62 Unrealized —

NVS NOVARTIS AG 0.6%

Value ($000) $30,991 (+8.7%) Shares 224,783 (+1.1%) Est. Cost $101.86 Unrealized —

MDT MEDTRONIC PLC 1.4%

Value ($000) $68,058 (+3.7%) Shares 708,496 (+2.8%) Est. Cost $73.99 Unrealized +31.3%

BND VANGUARD BD INDEX FDS 3.9%

Value ($000) $195,934 (+1.2%) Shares 2,645,255 (+1.6%) Est. Cost $73.55 Unrealized —

GE GE AEROSPACE 0.0%

Value ($000) $2,341 (+555.7%) Shares 7,601 (+540.4%) Est. Cost $285.56 Unrealized +5.3%

MCD MCDONALDS CORP 2.0%

Value ($000) $97,559 (+2.0%) Shares 319,205 (+1.5%) Est. Cost $259.03 Unrealized +17.8%

SPGI S&P GLOBAL INC 0.3%

Value ($000) $16,603 (+12.7%) Shares 31,771 (+5.0%) Est. Cost $397.16 Unrealized +24.4%

IYT ISHARES TR 0.4%

Value ($000) $21,900 (+8.7%) Shares 293,923 (+4.6%) Est. Cost $89.63 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 1.5%

Value ($000) $76,498 (+2.3%) Shares 1,302,538 (+2.5%) Est. Cost $58.39 Unrealized —

MA MASTERCARD INCORPORATED 0.8%

Value ($000) $39,910 (+4.3%) Shares 69,909 (+3.9%) Est. Cost $408.27 Unrealized +36.9%

NBIX NEUROCRINE BIOSCIENCES INC 0.1%

Value ($000) $5,369 (+34.5%) Shares 37,853 (+33.2%) Est. Cost $125.95 Unrealized +15.0%

LHX L3HARRIS TECHNOLOGIES INC 1.0%

Value ($000) $49,893 (-2.0%) Shares 169,952 (+2.0%) Est. Cost $208.46 Unrealized +38.4%

UNP UNION PAC CORP 0.7%

Value ($000) $33,381 (+2.9%) Shares 144,307 (+5.2%) Est. Cost $215.42 Unrealized +5.5%

NI NISOURCE INC 0.8%

Value ($000) $42,123 (-1.9%) Shares 1,008,683 (+1.7%) Est. Cost $24.87 Unrealized +71.4%

XLU SELECT SECTOR SPDR TR 0.8%

Value ($000) $39,273 (-2.0%) Shares 919,960 (+100.1%) Est. Cost $53.86 Unrealized —

VMBS VANGUARD SCOTTSDALE FDS 0.9%

Value ($000) $44,657 (+1.7%) Shares 948,531 (+1.4%) Est. Cost $46.46 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.1%

Value ($000) $5,331 (+8.9%) Shares 37,793 (+6.4%) Est. Cost $138.00 Unrealized —

O REALTY INCOME CORP 0.2%

Value ($000) $11,383 (-3.5%) Shares 201,941 (+4.1%) Est. Cost $49.11 Unrealized +16.8%

BKNG BOOKING HOLDINGS INC 0.1%

Value ($000) $5,098 (+6.0%) Shares 952 (+6.8%) Est. Cost $3319.94 Unrealized +54.8%

KRP KIMBELL RTY PARTNERS LP 0.1%

Value ($000) $2,787 (-9.3%) Shares 237,017 (+4.0%) Est. Cost $13.51 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $556 (+87.1%) Shares 15,325 (+83.3%) Est. Cost $34.74 Unrealized +2.8%

TSLA TESLA INC 0.1%

Value ($000) $4,849 (+4.7%) Shares 10,782 (+3.5%) Est. Cost $232.53 Unrealized +90.6%

QQQ INVESCO QQQ TR 0.0%

Value ($000) $976 (+28.2%) Shares 1,589 (+25.3%) Est. Cost $520.87 Unrealized —

RTX RTX CORPORATION 0.0%

Value ($000) $1,060 (+14.5%) Shares 5,782 (+4.4%) Est. Cost $87.07 Unrealized +99.1%

VGLT VANGUARD SCOTTSDALE FDS 0.5%

Value ($000) $23,205 (-0.6%) Shares 415,857 (+1.3%) Est. Cost $58.62 Unrealized —

NFLX NETFLIX INC 0.0%

Value ($000) $574 (-16.9%) Shares 6,120 (+962.5%) Est. Cost $104.80 Unrealized +2.9%

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $434 (+36.7%) Shares 1,502 (+42.2%) Est. Cost $254.29 Unrealized +13.5%

BIL SPDR SERIES TRUST 0.0%

Value ($000) $594 (+16.9%) Shares 6,505 (+17.4%) Est. Cost $91.73 Unrealized —

MAIN MAIN STR CAP CORP 0.0%

Value ($000) $2,475 (-2.3%) Shares 40,978 (+2.8%) Est. Cost $41.34 Unrealized +42.6%

VB VANGUARD INDEX FDS 0.0%

Value ($000) $461 (+14.2%) Shares 1,788 (+12.6%) Est. Cost $234.83 Unrealized —

IWF ISHARES TR 0.0%

Value ($000) $570 (+9.5%) Shares 1,205 (+8.4%) Est. Cost $389.51 Unrealized —

XLI SELECT SECTOR SPDR TR 0.0%

Value ($000) $267 (+13.4%) Shares 1,720 (+12.8%) Est. Cost $154.33 Unrealized —

VO VANGUARD INDEX FDS 0.0%

Value ($000) $256 (+13.0%) Shares 883 (+14.4%) Est. Cost $281.14 Unrealized —

VST VISTRA CORP 0.0%

Value ($000) $271 (-7.8%) Shares 1,681 (+12.0%) Est. Cost $162.20 Unrealized +12.2%

SO SOUTHERN CO 0.0%

Value ($000) $306 (+4.6%) Shares 3,509 (+13.7%) Est. Cost $67.99 Unrealized +33.7%

HPE HEWLETT PACKARD ENTERPRISE C 0.0%

Value ($000) $266 (+2.4%) Shares 11,082 (+4.7%) Est. Cost $17.94 Unrealized +30.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	78,126 (+507.7%)	$48,995 (+522.4%)	1.0%	$609.47	—	S&P 500 ETF SHS	922908363
META	META PLATFORMS INC	141,954 (+66.6%)	$93,702 (+49.7%)	1.9%	$480.82	+38.8%	CL A	30303M102
JNJ	JOHNSON & JOHNSON	709,380 (+2.2%)	$146,806 (+14.1%)	3.0%	$146.29	+34.7%	COM	478160104
MRK	MERCK & CO INC	728,519 (+1.0%)	$76,684 (+26.7%)	1.5%	$96.31	-3.2%	COM	58933Y105
KO	COCA COLA CO	1,086,769 (+14.4%)	$75,976 (+20.6%)	1.5%	$56.65	+22.5%	COM	191216100
ETN	EATON CORP PLC	253,785 (+2.8%)	$80,833 (-12.5%)	1.6%	$233.13	+52.0%	SHS	G29183103
IJH	ISHARES TR	2,920,753 (+4.8%)	$192,770 (+6.0%)	3.9%	$99.70	—	CORE S&P MCP ETF	464287507
CSCO	CISCO SYS INC	1,053,967 (+2.0%)	$81,187 (+14.8%)	1.6%	$49.12	+50.2%	COM	17275R102
BX	BLACKSTONE INC	734,922 (+2.1%)	$113,281 (-7.9%)	2.3%	$103.09	+46.9%	COM	09260D107
JPM	JPMORGAN CHASE & CO.	737,285 (+1.5%)	$237,568 (+3.7%)	4.8%	$147.37	+110.0%	COM	46625H100
BAC	BANK AMERICA CORP	1,716,213 (+2.2%)	$94,392 (+8.9%)	1.9%	$32.35	+62.8%	COM	060505104
NEE	NEXTERA ENERGY INC	988,123 (+3.9%)	$79,327 (+10.5%)	1.6%	$58.64	+40.7%	COM	65339F101
VNQ	VANGUARD INDEX FDS	304,772 (+41.0%)	$26,969 (+36.5%)	0.5%	$88.45	—	REAL ESTATE ETF	922908553
KRE	SPDR SERIES TRUST	492,530 (+25.2%)	$31,921 (+28.2%)	0.6%	$54.92	—	S&P REGL BKG	78464A698
NOW	SERVICENOW INC	247,294 (+411.7%)	$37,883 (-14.8%)	0.8%	$169.42	+1.3%	COM	81762P102
AVB	AVALONBAY CMNTYS INC	78,535 (+71.4%)	$14,239 (+60.9%)	0.3%	$186.43	-3.6%	COM	053484101
HON	HONEYWELL INTL INC	363,988 (+2.0%)	$71,010 (-5.5%)	1.4%	$173.10	+12.7%	COM	438516106
ISRG	INTUITIVE SURGICAL INC	11,225 (+73.0%)	$6,357 (+119.1%)	0.1%	$407.72	+30.6%	COM NEW	46120E602
AEP	AMERICAN ELEC PWR CO INC	646,071 (+2.1%)	$74,498 (+4.6%)	1.5%	$73.73	+59.6%	COM	025537101
VCSH	VANGUARD SCOTTSDALE FDS	1,026,042 (+3.7%)	$81,806 (+3.5%)	1.6%	$77.62	—	SHRT TRM CORP BD	92206C409
NVS	NOVARTIS AG	224,783 (+1.1%)	$30,991 (+8.7%)	0.6%	$101.86	—	SPONSORED ADR	66987V109
MDT	MEDTRONIC PLC	708,496 (+2.8%)	$68,058 (+3.7%)	1.4%	$73.99	+31.3%	SHS	G5960L103
BND	VANGUARD BD INDEX FDS	2,645,255 (+1.6%)	$195,934 (+1.2%)	3.9%	$73.55	—	TOTAL BND MRKT	921937835
GE	GE AEROSPACE	7,601 (+540.4%)	$2,341 (+555.7%)	0.0%	$285.56	+5.3%	COM NEW	369604301
MCD	MCDONALDS CORP	319,205 (+1.5%)	$97,559 (+2.0%)	2.0%	$259.03	+17.8%	COM	580135101
SPGI	S&P GLOBAL INC	31,771 (+5.0%)	$16,603 (+12.7%)	0.3%	$397.16	+24.4%	COM	78409V104
IYT	ISHARES TR	293,923 (+4.6%)	$21,900 (+8.7%)	0.4%	$89.63	—	US TRSPRTION	464287192
VGSH	VANGUARD SCOTTSDALE FDS	1,302,538 (+2.5%)	$76,498 (+2.3%)	1.5%	$58.39	—	SHORT TERM TREAS	92206C102
MA	MASTERCARD INCORPORATED	69,909 (+3.9%)	$39,910 (+4.3%)	0.8%	$408.27	+36.9%	CL A	57636Q104
NBIX	NEUROCRINE BIOSCIENCES INC	37,853 (+33.2%)	$5,369 (+34.5%)	0.1%	$125.95	+15.0%	COM	64125C109
LHX	L3HARRIS TECHNOLOGIES INC	169,952 (+2.0%)	$49,893 (-2.0%)	1.0%	$208.46	+38.4%	COM	502431109
UNP	UNION PAC CORP	144,307 (+5.2%)	$33,381 (+2.9%)	0.7%	$215.42	+5.5%	COM	907818108
NI	NISOURCE INC	1,008,683 (+1.7%)	$42,123 (-1.9%)	0.8%	$24.87	+71.4%	COM	65473P105
XLU	SELECT SECTOR SPDR TR	919,960 (+100.1%)	$39,273 (-2.0%)	0.8%	$53.86	—	SBI INT-UTILS	81369Y886
VMBS	VANGUARD SCOTTSDALE FDS	948,531 (+1.4%)	$44,657 (+1.7%)	0.9%	$46.46	—	MTG-BKD SECS ETF	92206C771
VT	VANGUARD INTL EQUITY INDEX F	37,793 (+6.4%)	$5,331 (+8.9%)	0.1%	$138.00	—	TT WRLD ST ETF	922042742
O	REALTY INCOME CORP	201,941 (+4.1%)	$11,383 (-3.5%)	0.2%	$49.11	+16.8%	COM	756109104
BKNG	BOOKING HOLDINGS INC	952 (+6.8%)	$5,098 (+6.0%)	0.1%	$3319.94	+54.8%	COM	09857L108
KRP	KIMBELL RTY PARTNERS LP	237,017 (+4.0%)	$2,787 (-9.3%)	0.1%	$13.51	—	UNIT	49435R102
CSX	CSX CORP	15,325 (+83.3%)	$556 (+87.1%)	0.0%	$34.74	+2.8%	COM	126408103
TSLA	TESLA INC	10,782 (+3.5%)	$4,849 (+4.7%)	0.1%	$232.53	+90.6%	COM	88160R101
QQQ	INVESCO QQQ TR	1,589 (+25.3%)	$976 (+28.2%)	0.0%	$520.87	—	UNIT SER 1	46090E103
RTX	RTX CORPORATION	5,782 (+4.4%)	$1,060 (+14.5%)	0.0%	$87.07	+99.1%	COM	75513E101
VGLT	VANGUARD SCOTTSDALE FDS	415,857 (+1.3%)	$23,205 (-0.6%)	0.5%	$58.62	—	LONG TERM TREAS	92206C847
NFLX	NETFLIX INC	6,120 (+962.5%)	$574 (-16.9%)	0.0%	$104.80	+2.9%	COM	64110L106
NSC	NORFOLK SOUTHN CORP	1,502 (+42.2%)	$434 (+36.7%)	0.0%	$254.29	+13.5%	COM	655844108
BIL	SPDR SERIES TRUST	6,505 (+17.4%)	$594 (+16.9%)	0.0%	$91.73	—	BLOOMBERG 1-3 MO	78468R663
MAIN	MAIN STR CAP CORP	40,978 (+2.8%)	$2,475 (-2.3%)	0.0%	$41.34	+42.6%	COM	56035L104
VB	VANGUARD INDEX FDS	1,788 (+12.6%)	$461 (+14.2%)	0.0%	$234.83	—	SMALL CP ETF	922908751
IWF	ISHARES TR	1,205 (+8.4%)	$570 (+9.5%)	0.0%	$389.51	—	RUS 1000 GRW ETF	464287614
XLI	SELECT SECTOR SPDR TR	1,720 (+12.8%)	$267 (+13.4%)	0.0%	$154.33	—	INDL	81369Y704
VO	VANGUARD INDEX FDS	883 (+14.4%)	$256 (+13.0%)	0.0%	$281.14	—	MID CAP ETF	922908629
VST	VISTRA CORP	1,681 (+12.0%)	$271 (-7.8%)	0.0%	$162.20	+12.2%	COM	92840M102
SO	SOUTHERN CO	3,509 (+13.7%)	$306 (+4.6%)	0.0%	$67.99	+33.7%	COM	842587107
HPE	HEWLETT PACKARD ENTERPRISE C	11,082 (+4.7%)	$266 (+2.4%)	0.0%	$17.94	+30.6%	COM	42824C109

Exited Positions (33)

CMCSA COMCAST CORP NEW 0.3%

Value ($000) $14,698 Shares 467,776 Est. Cost $39.79 Unrealized -28.3%

AES AES CORP 0.1%

Value ($000) $4,994 Shares 379,474 Est. Cost $11.76 Unrealized +19.3%

TLN TALEN ENERGY CORP 0.1%

Value ($000) $2,926 Shares 6,879 Est. Cost $361.29 Unrealized +7.6%

MLM MARTIN MARIETTA MATLS INC 0.0%

Value ($000) $2,152 Shares 3,414 Est. Cost $594.66 Unrealized +4.5%

SF STIFEL FINL CORP 0.0%

Value ($000) $2,083 Shares 18,355 Est. Cost $104.55 Unrealized +14.4%

CSGP COSTAR GROUP INC 0.0%

Value ($000) $1,984 Shares 23,511 Est. Cost $88.37 Unrealized -19.8%

FICO FAIR ISAAC CORP 0.0%

Value ($000) $1,871 Shares 1,250 Est. Cost $1503.82 Unrealized +14.5%

ATI ATI INC 0.0%

Value ($000) $1,589 Shares 19,534 Est. Cost $81.04 Unrealized +20.3%

INTU INTUIT 0.0%

Value ($000) $1,351 Shares 1,979 Est. Cost $719.44 Unrealized -8.2%

MKL MARKEL GROUP INC 0.0%

Value ($000) $1,149 Shares 601 Est. Cost $1960.42 Unrealized +3.3%

SPSC SPS COMM INC 0.0%

Value ($000) $1,146 Shares 11,000 Est. Cost $119.01 Unrealized -22.1%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $754 Shares 1 Est. Cost $533852.10 Unrealized +39.8%

BLDR BUILDERS FIRSTSOURCE INC 0.0%

Value ($000) $706 Shares 5,821 Est. Cost $132.67 Unrealized -15.3%

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $675 Shares 2,394 Est. Cost $235.81 Unrealized +26.7%

IP INTERNATIONAL PAPER CO 0.0%

Value ($000) $612 Shares 13,191 Est. Cost $48.00 Unrealized -14.9%

IR INGERSOLL RAND INC 0.0%

Value ($000) $479 Shares 5,798 Est. Cost $78.76 Unrealized +0.2%

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value ($000) $429 Shares 9,522 Est. Cost $45.51 Unrealized +4.4%

GTLS CHART INDS INC 0.0%

Value ($000) $428 Shares 2,137 Est. Cost $190.05 Unrealized +6.6%

IAU ISHARES GOLD TR 0.0%

Value ($000) $316 Shares 4,348 Est. Cost $40.97 Unrealized —

USHY ISHARES TR 0.0%

Value ($000) $288 Shares 7,614 Est. Cost $37.78 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.0%

Value ($000) $270 Shares 1,250 Est. Cost $198.06 Unrealized —

EME EMCOR GROUP INC 0.0%

Value ($000) $268 Shares 412 Est. Cost $606.37 Unrealized +6.8%

LH LABCORP HOLDINGS INC 0.0%

Value ($000) $261 Shares 910 Est. Cost $266.78 Unrealized -0.6%

HUBS HUBSPOT INC 0.0%

Value ($000) $255 Shares 545 Est. Cost $503.08 Unrealized -17.7%

— TOTALENERGIES SE 0.0%

Value ($000) $253 Shares 4,233 Est. Cost $61.11 Unrealized —

INVH INVITATION HOMES INC 0.0%

Value ($000) $252 Shares 8,607 Est. Cost $30.03 Unrealized -7.9%

CSL CARLISLE COS INC 0.0%

Value ($000) $224 Shares 680 Est. Cost $378.29 Unrealized -14.7%

CVS CVS HEALTH CORP 0.0%

Value ($000) $219 Shares 2,903 Est. Cost $67.82 Unrealized +16.0%

ADBE ADOBE INC 0.0%

Value ($000) $217 Shares 614 Est. Cost $495.44 Unrealized -31.4%

CW CURTISS WRIGHT CORP 0.0%

Value ($000) $213 Shares 393 Est. Cost $492.21 Unrealized +13.3%

APD AIR PRODS & CHEMS INC 0.0%

Value ($000) $211 Shares 772 Est. Cost $285.50 Unrealized -11.9%

CNP CENTERPOINT ENERGY INC 0.0%

Value ($000) $206 Shares 5,322 Est. Cost $37.44 Unrealized +3.8%

AZO AUTOZONE INC 0.0%

Value ($000) $206 Shares 48 Est. Cost $4011.66 Unrealized -5.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMCSA	COMCAST CORP NEW	467,776	$14,698	0.3%	$39.79	-28.3%	—	20030N101
AES	AES CORP	379,474	$4,994	0.1%	$11.76	+19.3%	—	00130H105
TLN	TALEN ENERGY CORP	6,879	$2,926	0.1%	$361.29	+7.6%	—	87422Q109
MLM	MARTIN MARIETTA MATLS INC	3,414	$2,152	0.0%	$594.66	+4.5%	—	573284106
SF	STIFEL FINL CORP	18,355	$2,083	0.0%	$104.55	+14.4%	—	860630102
CSGP	COSTAR GROUP INC	23,511	$1,984	0.0%	$88.37	-19.8%	—	22160N109
FICO	FAIR ISAAC CORP	1,250	$1,871	0.0%	$1503.82	+14.5%	—	303250104
ATI	ATI INC	19,534	$1,589	0.0%	$81.04	+20.3%	—	01741R102
INTU	INTUIT	1,979	$1,351	0.0%	$719.44	-8.2%	—	461202103
MKL	MARKEL GROUP INC	601	$1,149	0.0%	$1960.42	+3.3%	—	570535104
SPSC	SPS COMM INC	11,000	$1,146	0.0%	$119.01	-22.1%	—	78463M107
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$754	0.0%	$533852.10	+39.8%	—	084670108
BLDR	BUILDERS FIRSTSOURCE INC	5,821	$706	0.0%	$132.67	-15.3%	—	12008R107
IBM	INTERNATIONAL BUSINESS MACHS	2,394	$675	0.0%	$235.81	+26.7%	—	459200101
IP	INTERNATIONAL PAPER CO	13,191	$612	0.0%	$48.00	-14.9%	—	460146103
IR	INGERSOLL RAND INC	5,798	$479	0.0%	$78.76	+0.2%	—	45687V106
BMY	BRISTOL-MYERS SQUIBB CO	9,522	$429	0.0%	$45.51	+4.4%	—	110122108
GTLS	CHART INDS INC	2,137	$428	0.0%	$190.05	+6.6%	—	16115Q308
IAU	ISHARES GOLD TR	4,348	$316	0.0%	$40.97	—	—	464285204
USHY	ISHARES TR	7,614	$288	0.0%	$37.78	—	—	46435U853
VIG	VANGUARD SPECIALIZED FUNDS	1,250	$270	0.0%	$198.06	—	—	921908844
EME	EMCOR GROUP INC	412	$268	0.0%	$606.37	+6.8%	—	29084Q100
LH	LABCORP HOLDINGS INC	910	$261	0.0%	$266.78	-0.6%	—	504922105
HUBS	HUBSPOT INC	545	$255	0.0%	$503.08	-17.7%	—	443573100
—	TOTALENERGIES SE	4,233	$253	0.0%	$61.11	—	—	89151E109
INVH	INVITATION HOMES INC	8,607	$252	0.0%	$30.03	-7.9%	—	46187W107
CSL	CARLISLE COS INC	680	$224	0.0%	$378.29	-14.7%	—	142339100
CVS	CVS HEALTH CORP	2,903	$219	0.0%	$67.82	+16.0%	—	126650100
ADBE	ADOBE INC	614	$217	0.0%	$495.44	-31.4%	—	00724F101
CW	CURTISS WRIGHT CORP	393	$213	0.0%	$492.21	+13.3%	—	231561101
APD	AIR PRODS & CHEMS INC	772	$211	0.0%	$285.50	-11.9%	—	009158106
CNP	CENTERPOINT ENERGY INC	5,322	$206	0.0%	$37.44	+3.8%	—	15189T107
AZO	AUTOZONE INC	48	$206	0.0%	$4011.66	-5.8%	—	053332102

Decreased Positions (86)

ARE ALEXANDRIA REAL ESTATE EQ IN 0.1%

Value ($000) $4,877 (-91.6%) Shares 99,661 (-85.6%) Est. Cost $83.42 Unrealized -30.5%

GOOGL ALPHABET INC 4.4%

Value ($000) $220,396 (+25.0%) Shares 704,140 (-2.9%) Est. Cost $152.04 Unrealized +87.8%

MU MICRON TECHNOLOGY INC 1.6%

Value ($000) $80,574 (+65.3%) Shares 282,308 (-3.1%) Est. Cost $114.05 Unrealized +101.1%

AVGO BROADCOM INC 4.8%

Value ($000) $239,902 (-6.4%) Shares 693,158 (-10.8%) Est. Cost $157.58 Unrealized +126.5%

MDLZ MONDELEZ INTL INC 0.8%

Value ($000) $42,130 (-17.7%) Shares 782,653 (-4.5%) Est. Cost $64.32 Unrealized -11.3%

C CITIGROUP INC 1.5%

Value ($000) $75,559 (+12.8%) Shares 647,517 (-1.9%) Est. Cost $41.56 Unrealized +149.4%

AMT AMERICAN TOWER CORP NEW 0.9%

Value ($000) $44,813 (-15.7%) Shares 255,241 (-7.7%) Est. Cost $190.87 Unrealized -5.5%

NVDA NVIDIA CORPORATION 1.8%

Value ($000) $88,542 (-6.9%) Shares 474,754 (-6.9%) Est. Cost $102.47 Unrealized +81.6%

WMB WILLIAMS COS INC 1.7%

Value ($000) $86,615 (-6.4%) Shares 1,440,934 (-1.4%) Est. Cost $32.16 Unrealized +86.7%

LRCX LAM RESEARCH CORP 0.0%

Value ($000) $1,232 (-74.3%) Shares 7,197 (-79.9%) Est. Cost $78.11 Unrealized +98.9%

WMT WALMART INC 1.1%

Value ($000) $53,818 (+6.6%) Shares 483,063 (-1.3%) Est. Cost $54.57 Unrealized +96.4%

PANW PALO ALTO NETWORKS INC 0.1%

Value ($000) $6,712 (-28.3%) Shares 36,437 (-20.7%) Est. Cost $166.36 Unrealized +21.3%

LMT LOCKHEED MARTIN CORP 1.1%

Value ($000) $52,485 (-4.7%) Shares 108,515 (-1.7%) Est. Cost $417.19 Unrealized +14.1%

UNH UNITEDHEALTH GROUP INC 0.3%

Value ($000) $13,385 (-16.0%) Shares 40,548 (-12.1%) Est. Cost $481.56 Unrealized -30.0%

VEA VANGUARD TAX-MANAGED FDS 2.7%

Value ($000) $131,849 (+2.0%) Shares 2,110,603 (-2.2%) Est. Cost $48.06 Unrealized —

DHR DANAHER CORPORATION 0.0%

Value ($000) $267 (-89.9%) Shares 1,168 (-91.2%) Est. Cost $197.86 Unrealized +11.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.0%

Value ($000) $335 (-86.8%) Shares 1,104 (-87.9%) Est. Cost $263.50 Unrealized —

VEEV VEEVA SYS INC 0.0%

Value ($000) $414 (-82.8%) Shares 1,856 (-77.1%) Est. Cost $260.11 Unrealized +2.0%

AMZN AMAZON COM INC 1.6%

Value ($000) $77,910 (+2.5%) Shares 337,536 (-2.5%) Est. Cost $147.79 Unrealized +54.8%

CRM SALESFORCE INC 0.0%

Value ($000) $406 (-81.6%) Shares 1,533 (-83.5%) Est. Cost $248.46 Unrealized -0.1%

FERG FERGUSON ENTERPRISES INC 0.0%

Value ($000) $570 (-75.5%) Shares 2,559 (-75.3%) Est. Cost $218.72 Unrealized +8.8%

PFE PFIZER INC 0.2%

Value ($000) $9,258 (-14.8%) Shares 371,821 (-12.8%) Est. Cost $25.88 Unrealized -3.3%

GEV GE VERNOVA INC 0.0%

Value ($000) $524 (-74.8%) Shares 801 (-76.3%) Est. Cost $415.97 Unrealized +46.4%

PSX PHILLIPS 66 0.1%

Value ($000) $3,722 (-26.1%) Shares 28,842 (-22.1%) Est. Cost $125.84 Unrealized +6.5%

CAVA CAVA GROUP INC 0.0%

Value ($000) $332 (-79.3%) Shares 5,653 (-78.7%) Est. Cost $75.76 Unrealized -26.4%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $5,832 (-17.2%) Shares 48,464 (-22.4%) Est. Cost $98.59 Unrealized +17.1%

VWO VANGUARD INTL EQUITY INDEX F 1.0%

Value ($000) $50,820 (-2.1%) Shares 945,314 (-1.3%) Est. Cost $41.28 Unrealized —

COF CAPITAL ONE FINL CORP 0.0%

Value ($000) $596 (-64.0%) Shares 2,461 (-68.4%) Est. Cost $212.71 Unrealized +4.5%

IVV ISHARES TR 0.1%

Value ($000) $7,143 (-11.7%) Shares 10,429 (-13.7%) Est. Cost $611.85 Unrealized —

HUBB HUBBELL INC 0.0%

Value ($000) $204 (-82.3%) Shares 459 (-82.8%) Est. Cost $382.18 Unrealized +14.4%

IEFA ISHARES TR 0.1%

Value ($000) $3,076 (-23.2%) Shares 34,383 (-25.0%) Est. Cost $81.28 Unrealized —

SBUX STARBUCKS CORP 0.4%

Value ($000) $19,417 (-2.8%) Shares 230,574 (-2.3%) Est. Cost $91.75 Unrealized -8.4%

T AT&T INC 0.0%

Value ($000) $717 (-33.4%) Shares 28,857 (-24.3%) Est. Cost $26.96 Unrealized -6.2%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $5,564 (-6.0%) Shares 8,160 (-8.1%) Est. Cost $549.73 Unrealized —

ACDC PROFRAC HLDG CORP 0.3%

Value ($000) $15,218 (-2.2%) Shares 3,912,053 (-7.0%) Est. Cost $6.31 Unrealized -35.3%

KLAC KLA CORP 0.0%

Value ($000) $2,273 (+8.6%) Shares 1,871 (-3.6%) Est. Cost $510.90 Unrealized +129.4%

MPC MARATHON PETE CORP 0.0%

Value ($000) $643 (-21.8%) Shares 3,951 (-7.3%) Est. Cost $154.81 Unrealized +20.4%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $429 (-26.4%) Shares 2,994 (-21.1%) Est. Cost $143.40 Unrealized +2.6%

LLY ELI LILLY & CO 0.0%

Value ($000) $964 (+19.0%) Shares 897 (-15.5%) Est. Cost $613.95 Unrealized +55.6%

EMXC ISHARES INC 0.0%

Value ($000) $489 (-22.4%) Shares 6,727 (-27.9%) Est. Cost $63.14 Unrealized —

SCHW SCHWAB CHARLES CORP 0.0%

Value ($000) $233 (-34.6%) Shares 2,331 (-37.5%) Est. Cost $82.76 Unrealized +14.5%

RACE FERRARI N V 0.0%

Value ($000) $306 (-28.3%) Shares 829 (-5.9%) Est. Cost $467.05 Unrealized -14.3%

XYZ BLOCK INC 0.0%

Value ($000) $214 (-35.1%) Shares 3,289 (-27.9%) Est. Cost $74.85 Unrealized -7.8%

RCL ROYAL CARIBBEAN GROUP 0.0%

Value ($000) $420 (-21.3%) Shares 1,505 (-8.7%) Est. Cost $274.80 Unrealized +2.5%

AON AON PLC 0.0%

Value ($000) $1,051 (-8.8%) Shares 2,978 (-7.8%) Est. Cost $361.35 Unrealized -3.4%

NEM NEWMONT CORP 0.0%

Value ($000) $853 (+13.0%) Shares 8,545 (-4.6%) Est. Cost $55.62 Unrealized +62.2%

IYW ISHARES TR 0.0%

Value ($000) $255 (-26.5%) Shares 1,278 (-27.9%) Est. Cost $124.26 Unrealized —

LVS LAS VEGAS SANDS CORP 0.0%

Value ($000) $605 (-12.8%) Shares 9,297 (-27.9%) Est. Cost $52.28 Unrealized +17.1%

AIZ ASSURANT INC 0.0%

Value ($000) $353 (-20.0%) Shares 1,465 (-28.0%) Est. Cost $201.63 Unrealized +10.5%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $319 (-20.0%) Shares 1,836 (-15.3%) Est. Cost $148.56 Unrealized +14.9%

ABBV ABBVIE INC 0.0%

Value ($000) $1,060 (-6.9%) Shares 4,637 (-5.6%) Est. Cost $145.45 Unrealized +56.4%

CRH CRH PLC 0.0%

Value ($000) $302 (-19.9%) Shares 2,419 (-23.1%) Est. Cost $91.00 Unrealized +30.9%

RNR RENAISSANCERE HLDGS LTD 0.0%

Value ($000) $1,162 (+6.7%) Shares 4,133 (-3.7%) Est. Cost $238.07 Unrealized +10.5%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $295 (-19.8%) Shares 1,838 (-18.9%) Est. Cost $165.18 Unrealized -7.0%

SCHX SCHWAB STRATEGIC TR 0.0%

Value ($000) $785 (-8.4%) Shares 29,171 (-10.4%) Est. Cost $24.44 Unrealized —

CME CME GROUP INC 0.0%

Value ($000) $292 (-18.3%) Shares 1,068 (-19.2%) Est. Cost $269.86 Unrealized +0.3%

VZ VERIZON COMMUNICATIONS INC 0.0%

Value ($000) $484 (-9.7%) Shares 11,878 (-2.6%) Est. Cost $35.60 Unrealized +13.7%

TEL TE CONNECTIVITY PLC 0.0%

Value ($000) $704 (-6.8%) Shares 3,095 (-10.1%) Est. Cost $163.59 Unrealized +41.4%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $466 (-9.8%) Shares 540 (-3.2%) Est. Cost $688.75 Unrealized +31.5%

SLB SLB LIMITED 0.0%

Value ($000) $374 (-11.9%) Shares 9,753 (-21.1%) Est. Cost $39.79 Unrealized -9.4%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $308 (-13.8%) Shares 1,197 (-1.6%) Est. Cost $234.49 Unrealized +12.9%

NUE NUCOR CORP 0.0%

Value ($000) $294 (+18.8%) Shares 1,803 (-1.4%) Est. Cost $140.51 Unrealized +6.6%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $243 (-14.4%) Shares 276 (-22.5%) Est. Cost $571.74 Unrealized +42.3%

COO COOPER COS INC 0.0%

Value ($000) $274 (+16.9%) Shares 3,344 (-2.2%) Est. Cost $96.17 Unrealized -22.2%

DE DEERE & CO 0.0%

Value ($000) $525 (-6.6%) Shares 1,128 (-8.2%) Est. Cost $408.56 Unrealized +14.5%

AIG AMERICAN INTL GROUP INC 0.0%

Value ($000) $1,094 (+3.2%) Shares 12,784 (-5.3%) Est. Cost $81.45 Unrealized -2.2%

LOW LOWES COS INC 0.0%

Value ($000) $450 (-6.7%) Shares 1,868 (-2.8%) Est. Cost $199.30 Unrealized +20.3%

NOC NORTHROP GRUMMAN CORP 0.0%

Value ($000) $322 (-8.0%) Shares 565 (-1.7%) Est. Cost $447.94 Unrealized +29.2%

ILMN ILLUMINA INC 0.0%

Value ($000) $207 (-11.4%) Shares 1,575 (-35.9%) Est. Cost $99.18 Unrealized +18.4%

AME AMETEK INC 0.0%

Value ($000) $409 (-5.9%) Shares 1,993 (-13.8%) Est. Cost $183.47 Unrealized +5.9%

AMAT APPLIED MATLS INC 0.0%

Value ($000) $306 (+9.1%) Shares 1,192 (-13.1%) Est. Cost $180.78 Unrealized +32.5%

FANG DIAMONDBACK ENERGY INC 0.0%

Value ($000) $305 (-7.4%) Shares 2,027 (-11.8%) Est. Cost $136.16 Unrealized +8.0%

CRWD CROWDSTRIKE HLDGS INC 0.0%

Value ($000) $271 (-7.6%) Shares 578 (-3.3%) Est. Cost $383.90 Unrealized +32.6%

PB PROSPERITY BANCSHARES INC 0.0%

Value ($000) $1,145 (-1.9%) Shares 16,572 (-5.8%) Est. Cost $58.51 Unrealized +14.5%

CEG CONSTELLATION ENERGY CORP 0.0%

Value ($000) $437 (-4.2%) Shares 1,238 (-10.8%) Est. Cost $263.84 Unrealized +37.7%

FHN FIRST HORIZON CORPORATION 0.0%

Value ($000) $951 (-2.0%) Shares 39,789 (-7.3%) Est. Cost $19.54 Unrealized +13.5%

FCX FREEPORT-MCMORAN INC 0.0%

Value ($000) $369 (-4.7%) Shares 7,264 (-26.4%) Est. Cost $37.70 Unrealized +14.9%

FDX FEDEX CORP 0.0%

Value ($000) $269 (+6.2%) Shares 930 (-13.3%) Est. Cost $228.30 Unrealized +14.6%

MS MORGAN STANLEY 0.0%

Value ($000) $213 (-5.7%) Shares 1,201 (-15.5%) Est. Cost $146.45 Unrealized +13.7%

AFL AFLAC INC 0.0%

Value ($000) $301 (-2.5%) Shares 2,727 (-1.3%) Est. Cost $79.99 Unrealized +37.3%

V VISA INC 0.0%

Value ($000) $1,152 (+0.6%) Shares 3,285 (-2.1%) Est. Cost $275.56 Unrealized +23.5%

ETR ENTERGY CORP NEW 0.0%

Value ($000) $278 (-2.2%) Shares 3,005 (-1.3%) Est. Cost $63.56 Unrealized +48.8%

QCOM QUALCOMM INC 0.0%

Value ($000) $280 (+0.7%) Shares 1,637 (-2.0%) Est. Cost $138.16 Unrealized +23.6%

CPT CAMDEN PPTY TR 0.0%

Value ($000) $276 (+0.6%) Shares 2,510 (-2.4%) Est. Cost $85.92 Unrealized +20.0%

CAT CATERPILLAR INC 0.0%

Value ($000) $1,146 (+0.1%) Shares 2,000 (-16.6%) Est. Cost $297.92 Unrealized +86.5%

GLW CORNING INC 0.0%

Value ($000) $220 (+0.5%) Shares 2,515 (-5.9%) Est. Cost $64.97 Unrealized +32.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ARE	ALEXANDRIA REAL ESTATE EQ IN	99,661 (-85.6%)	$4,877 (-91.6%)	0.1%	$83.42	-30.5%	COM	015271109
GOOGL	ALPHABET INC	704,140 (-2.9%)	$220,396 (+25.0%)	4.4%	$152.04	+87.8%	CAP STK CL A	02079K305
MU	MICRON TECHNOLOGY INC	282,308 (-3.1%)	$80,574 (+65.3%)	1.6%	$114.05	+101.1%	COM	595112103
AVGO	BROADCOM INC	693,158 (-10.8%)	$239,902 (-6.4%)	4.8%	$157.58	+126.5%	COM	11135F101
MDLZ	MONDELEZ INTL INC	782,653 (-4.5%)	$42,130 (-17.7%)	0.8%	$64.32	-11.3%	CL A	609207105
C	CITIGROUP INC	647,517 (-1.9%)	$75,559 (+12.8%)	1.5%	$41.56	+149.4%	COM NEW	172967424
AMT	AMERICAN TOWER CORP NEW	255,241 (-7.7%)	$44,813 (-15.7%)	0.9%	$190.87	-5.5%	COM	03027X100
NVDA	NVIDIA CORPORATION	474,754 (-6.9%)	$88,542 (-6.9%)	1.8%	$102.47	+81.6%	COM	67066G104
WMB	WILLIAMS COS INC	1,440,934 (-1.4%)	$86,615 (-6.4%)	1.7%	$32.16	+86.7%	COM	969457100
LRCX	LAM RESEARCH CORP	7,197 (-79.9%)	$1,232 (-74.3%)	0.0%	$78.11	+98.9%	COM NEW	512807306
WMT	WALMART INC	483,063 (-1.3%)	$53,818 (+6.6%)	1.1%	$54.57	+96.4%	COM	931142103
PANW	PALO ALTO NETWORKS INC	36,437 (-20.7%)	$6,712 (-28.3%)	0.1%	$166.36	+21.3%	COM	697435105
LMT	LOCKHEED MARTIN CORP	108,515 (-1.7%)	$52,485 (-4.7%)	1.1%	$417.19	+14.1%	COM	539830109
UNH	UNITEDHEALTH GROUP INC	40,548 (-12.1%)	$13,385 (-16.0%)	0.3%	$481.56	-30.0%	COM	91324P102
VEA	VANGUARD TAX-MANAGED FDS	2,110,603 (-2.2%)	$131,849 (+2.0%)	2.7%	$48.06	—	VAN FTSE DEV MKT	921943858
DHR	DANAHER CORPORATION	1,168 (-91.2%)	$267 (-89.9%)	0.0%	$197.86	+11.0%	COM	235851102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,104 (-87.9%)	$335 (-86.8%)	0.0%	$263.50	—	SPONSORED ADS	874039100
VEEV	VEEVA SYS INC	1,856 (-77.1%)	$414 (-82.8%)	0.0%	$260.11	+2.0%	CL A COM	922475108
AMZN	AMAZON COM INC	337,536 (-2.5%)	$77,910 (+2.5%)	1.6%	$147.79	+54.8%	COM	023135106
CRM	SALESFORCE INC	1,533 (-83.5%)	$406 (-81.6%)	0.0%	$248.46	-0.1%	COM	79466L302
FERG	FERGUSON ENTERPRISES INC	2,559 (-75.3%)	$570 (-75.5%)	0.0%	$218.72	+8.8%	COMMON STOCK NEW	31488V107
PFE	PFIZER INC	371,821 (-12.8%)	$9,258 (-14.8%)	0.2%	$25.88	-3.3%	COM	717081103
GEV	GE VERNOVA INC	801 (-76.3%)	$524 (-74.8%)	0.0%	$415.97	+46.4%	COM	36828A101
PSX	PHILLIPS 66	28,842 (-22.1%)	$3,722 (-26.1%)	0.1%	$125.84	+6.5%	COM	718546104
CAVA	CAVA GROUP INC	5,653 (-78.7%)	$332 (-79.3%)	0.0%	$75.76	-26.4%	COM	148929102
XOM	EXXON MOBIL CORP	48,464 (-22.4%)	$5,832 (-17.2%)	0.1%	$98.59	+17.1%	COM	30231G102
VWO	VANGUARD INTL EQUITY INDEX F	945,314 (-1.3%)	$50,820 (-2.1%)	1.0%	$41.28	—	FTSE EMR MKT ETF	922042858
COF	CAPITAL ONE FINL CORP	2,461 (-68.4%)	$596 (-64.0%)	0.0%	$212.71	+4.5%	COM	14040H105
IVV	ISHARES TR	10,429 (-13.7%)	$7,143 (-11.7%)	0.1%	$611.85	—	CORE S&P500 ETF	464287200
HUBB	HUBBELL INC	459 (-82.8%)	$204 (-82.3%)	0.0%	$382.18	+14.4%	COM	443510607
IEFA	ISHARES TR	34,383 (-25.0%)	$3,076 (-23.2%)	0.1%	$81.28	—	CORE MSCI EAFE	46432F842
SBUX	STARBUCKS CORP	230,574 (-2.3%)	$19,417 (-2.8%)	0.4%	$91.75	-8.4%	COM	855244109
T	AT&T INC	28,857 (-24.3%)	$717 (-33.4%)	0.0%	$26.96	-6.2%	COM	00206R102
SPY	SPDR S&P 500 ETF TR	8,160 (-8.1%)	$5,564 (-6.0%)	0.1%	$549.73	—	TR UNIT	78462F103
ACDC	PROFRAC HLDG CORP	3,912,053 (-7.0%)	$15,218 (-2.2%)	0.3%	$6.31	-35.3%	CLASS A COM	74319N100
KLAC	KLA CORP	1,871 (-3.6%)	$2,273 (+8.6%)	0.0%	$510.90	+129.4%	COM NEW	482480100
MPC	MARATHON PETE CORP	3,951 (-7.3%)	$643 (-21.8%)	0.0%	$154.81	+20.4%	COM	56585A102
PG	PROCTER AND GAMBLE CO	2,994 (-21.1%)	$429 (-26.4%)	0.0%	$143.40	+2.6%	COM	742718109
LLY	ELI LILLY & CO	897 (-15.5%)	$964 (+19.0%)	0.0%	$613.95	+55.6%	COM	532457108
EMXC	ISHARES INC	6,727 (-27.9%)	$489 (-22.4%)	0.0%	$63.14	—	MSCI EMRG CHN	46434G764
SCHW	SCHWAB CHARLES CORP	2,331 (-37.5%)	$233 (-34.6%)	0.0%	$82.76	+14.5%	COM	808513105
RACE	FERRARI N V	829 (-5.9%)	$306 (-28.3%)	0.0%	$467.05	-14.3%	COM	N3167Y103
XYZ	BLOCK INC	3,289 (-27.9%)	$214 (-35.1%)	0.0%	$74.85	-7.8%	CL A	852234103
RCL	ROYAL CARIBBEAN GROUP	1,505 (-8.7%)	$420 (-21.3%)	0.0%	$274.80	+2.5%	COM	V7780T103
AON	AON PLC	2,978 (-7.8%)	$1,051 (-8.8%)	0.0%	$361.35	-3.4%	SHS CL A	G0403H108
NEM	NEWMONT CORP	8,545 (-4.6%)	$853 (+13.0%)	0.0%	$55.62	+62.2%	COM	651639106
IYW	ISHARES TR	1,278 (-27.9%)	$255 (-26.5%)	0.0%	$124.26	—	U.S. TECH ETF	464287721
LVS	LAS VEGAS SANDS CORP	9,297 (-27.9%)	$605 (-12.8%)	0.0%	$52.28	+17.1%	COM	517834107
AIZ	ASSURANT INC	1,465 (-28.0%)	$353 (-20.0%)	0.0%	$201.63	+10.5%	COM	04621X108
TXN	TEXAS INSTRS INC	1,836 (-15.3%)	$319 (-20.0%)	0.0%	$148.56	+14.9%	COM	882508104
ABBV	ABBVIE INC	4,637 (-5.6%)	$1,060 (-6.9%)	0.0%	$145.45	+56.4%	COM	00287Y109
CRH	CRH PLC	2,419 (-23.1%)	$302 (-19.9%)	0.0%	$91.00	+30.9%	ORD	G25508105
RNR	RENAISSANCERE HLDGS LTD	4,133 (-3.7%)	$1,162 (+6.7%)	0.0%	$238.07	+10.5%	COM	G7496G103
PM	PHILIP MORRIS INTL INC	1,838 (-18.9%)	$295 (-19.8%)	0.0%	$165.18	-7.0%	COM	718172109
SCHX	SCHWAB STRATEGIC TR	29,171 (-10.4%)	$785 (-8.4%)	0.0%	$24.44	—	US LRG CAP ETF	808524201
CME	CME GROUP INC	1,068 (-19.2%)	$292 (-18.3%)	0.0%	$269.86	+0.3%	COM	12572Q105
VZ	VERIZON COMMUNICATIONS INC	11,878 (-2.6%)	$484 (-9.7%)	0.0%	$35.60	+13.7%	COM	92343V104
TEL	TE CONNECTIVITY PLC	3,095 (-10.1%)	$704 (-6.8%)	0.0%	$163.59	+41.4%	ORD SHS	G87052109
COST	COSTCO WHSL CORP NEW	540 (-3.2%)	$466 (-9.8%)	0.0%	$688.75	+31.5%	COM	22160K105
SLB	SLB LIMITED	9,753 (-21.1%)	$374 (-11.9%)	0.0%	$39.79	-9.4%	COM STK	806857108
ADP	AUTOMATIC DATA PROCESSING IN	1,197 (-1.6%)	$308 (-13.8%)	0.0%	$234.49	+12.9%	COM	053015103
NUE	NUCOR CORP	1,803 (-1.4%)	$294 (+18.8%)	0.0%	$140.51	+6.6%	COM	670346105
GS	GOLDMAN SACHS GROUP INC	276 (-22.5%)	$243 (-14.4%)	0.0%	$571.74	+42.3%	COM	38141G104
COO	COOPER COS INC	3,344 (-2.2%)	$274 (+16.9%)	0.0%	$96.17	-22.2%	COM	216648501
DE	DEERE & CO	1,128 (-8.2%)	$525 (-6.6%)	0.0%	$408.56	+14.5%	COM	244199105
AIG	AMERICAN INTL GROUP INC	12,784 (-5.3%)	$1,094 (+3.2%)	0.0%	$81.45	-2.2%	COM NEW	026874784
LOW	LOWES COS INC	1,868 (-2.8%)	$450 (-6.7%)	0.0%	$199.30	+20.3%	COM	548661107
NOC	NORTHROP GRUMMAN CORP	565 (-1.7%)	$322 (-8.0%)	0.0%	$447.94	+29.2%	COM	666807102
ILMN	ILLUMINA INC	1,575 (-35.9%)	$207 (-11.4%)	0.0%	$99.18	+18.4%	COM	452327109
AME	AMETEK INC	1,993 (-13.8%)	$409 (-5.9%)	0.0%	$183.47	+5.9%	COM	031100100
AMAT	APPLIED MATLS INC	1,192 (-13.1%)	$306 (+9.1%)	0.0%	$180.78	+32.5%	COM	038222105
FANG	DIAMONDBACK ENERGY INC	2,027 (-11.8%)	$305 (-7.4%)	0.0%	$136.16	+8.0%	COM	25278X109
CRWD	CROWDSTRIKE HLDGS INC	578 (-3.3%)	$271 (-7.6%)	0.0%	$383.90	+32.6%	CL A	22788C105
PB	PROSPERITY BANCSHARES INC	16,572 (-5.8%)	$1,145 (-1.9%)	0.0%	$58.51	+14.5%	COM	743606105
CEG	CONSTELLATION ENERGY CORP	1,238 (-10.8%)	$437 (-4.2%)	0.0%	$263.84	+37.7%	COM	21037T109
FHN	FIRST HORIZON CORPORATION	39,789 (-7.3%)	$951 (-2.0%)	0.0%	$19.54	+13.5%	COM	320517105
FCX	FREEPORT-MCMORAN INC	7,264 (-26.4%)	$369 (-4.7%)	0.0%	$37.70	+14.9%	CL B	35671D857
FDX	FEDEX CORP	930 (-13.3%)	$269 (+6.2%)	0.0%	$228.30	+14.6%	COM	31428X106
MS	MORGAN STANLEY	1,201 (-15.5%)	$213 (-5.7%)	0.0%	$146.45	+13.7%	COM NEW	617446448
AFL	AFLAC INC	2,727 (-1.3%)	$301 (-2.5%)	0.0%	$79.99	+37.3%	COM	001055102
V	VISA INC	3,285 (-2.1%)	$1,152 (+0.6%)	0.0%	$275.56	+23.5%	COM CL A	92826C839
ETR	ENTERGY CORP NEW	3,005 (-1.3%)	$278 (-2.2%)	0.0%	$63.56	+48.8%	COM	29364G103
QCOM	QUALCOMM INC	1,637 (-2.0%)	$280 (+0.7%)	0.0%	$138.16	+23.6%	COM	747525103
CPT	CAMDEN PPTY TR	2,510 (-2.4%)	$276 (+0.6%)	0.0%	$85.92	+20.0%	SH BEN INT	133131102
CAT	CATERPILLAR INC	2,000 (-16.6%)	$1,146 (+0.1%)	0.0%	$297.92	+86.5%	COM	149123101
GLW	CORNING INC	2,515 (-5.9%)	$220 (+0.5%)	0.0%	$64.97	+32.3%	COM	219350105

Unchanged Positions (60)

MSFT MICROSOFT CORP 6.1%

Value ($000) $305,455 Shares 631,601 Est. Cost $363.02 Unrealized +37.9%

AAPL APPLE INC 4.0%

Value ($000) $198,451 Shares 729,974 Est. Cost $184.79 Unrealized +45.2%

AMGN AMGEN INC 1.5%

Value ($000) $72,768 Shares 222,322 Est. Cost $255.70 Unrealized +23.6%

ORCL ORACLE CORP 0.4%

Value ($000) $21,199 Shares 108,763 Est. Cost $166.49 Unrealized +43.0%

HD HOME DEPOT INC 0.9%

Value ($000) $43,981 Shares 127,814 Est. Cost $296.05 Unrealized +23.1%

BLK BLACKROCK INC 1.5%

Value ($000) $73,557 Shares 68,723 Est. Cost $961.85 Unrealized +13.3%

GOOG ALPHABET INC 0.2%

Value ($000) $7,681 Shares 24,477 Est. Cost $158.53 Unrealized +80.6%

UTHR UNITED THERAPEUTICS CORP DEL 0.2%

Value ($000) $10,249 Shares 21,034 Est. Cost $264.87 Unrealized +75.8%

PEP PEPSICO INC 1.6%

Value ($000) $77,217 Shares 538,026 Est. Cost $151.02 Unrealized -3.4%

CVX CHEVRON CORP NEW 2.0%

Value ($000) $97,022 Shares 636,586 Est. Cost $137.80 Unrealized +9.9%

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $6,049 Shares 74,030 Est. Cost $72.04 Unrealized +25.0%

ABT ABBOTT LABS 0.3%

Value ($000) $14,076 Shares 112,351 Est. Cost $98.72 Unrealized +29.0%

FTK FLOTEK INDS INC DEL 0.1%

Value ($000) $4,997 Shares 290,000 Est. Cost $11.52 Unrealized +37.8%

COP CONOCOPHILLIPS 1.1%

Value ($000) $55,112 Shares 588,736 Est. Cost $108.78 Unrealized -17.2%

IJR ISHARES TR 0.6%

Value ($000) $27,548 Shares 229,225 Est. Cost $108.37 Unrealized —

MSTR STRATEGY INC 0.0%

Value ($000) $267 Shares 1,754 Est. Cost $158.61 Unrealized +45.2%

EFA ISHARES TR 0.1%

Value ($000) $7,281 Shares 75,817 Est. Cost $75.55 Unrealized —

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $820 Shares 2,643 Est. Cost $198.52 Unrealized +43.7%

IWB ISHARES TR 0.1%

Value ($000) $5,780 Shares 15,478 Est. Cost $262.26 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $739 Shares 1,276 Est. Cost $479.43 Unrealized +17.9%

RDNW RIDENOW GROUP INC 0.0%

Value ($000) $554 Shares 100,339 Est. Cost $4.12 Unrealized +13.5%

SMBC SOUTHERN MO BANCORP INC 0.0%

Value ($000) $910 Shares 15,387 Est. Cost $42.70 Unrealized +28.9%

CMI CUMMINS INC 0.0%

Value ($000) $546 Shares 1,069 Est. Cost $251.09 Unrealized +85.7%

TT TRANE TECHNOLOGIES PLC 0.0%

Value ($000) $968 Shares 2,486 Est. Cost $279.63 Unrealized +47.9%

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $359 Shares 1,678 Est. Cost $123.35 Unrealized +82.1%

GILD GILEAD SCIENCES INC 0.0%

Value ($000) $909 Shares 7,409 Est. Cost $104.51 Unrealized +15.7%

RSG REPUBLIC SVCS INC 0.0%

Value ($000) $849 Shares 4,004 Est. Cost $151.31 Unrealized +41.8%

MCK MCKESSON CORP 0.0%

Value ($000) $1,212 Shares 1,477 Est. Cost $454.92 Unrealized +79.3%

EEM ISHARES TR 0.0%

Value ($000) $2,401 Shares 43,894 Est. Cost $40.21 Unrealized —

CHE CHEMED CORP NEW 0.0%

Value ($000) $988 Shares 2,309 Est. Cost $555.55 Unrealized -21.7%

D DOMINION ENERGY INC 0.0%

Value ($000) $960 Shares 16,385 Est. Cost $53.16 Unrealized +12.4%

UPS UNITED PARCEL SERVICE INC 0.0%

Value ($000) $246 Shares 2,485 Est. Cost $88.13 Unrealized +5.2%

STX SEAGATE TECHNOLOGY HLDNGS PL 0.0%

Value ($000) $275 Shares 1,000 Est. Cost $169.71 Unrealized +52.6%

GLD SPDR GOLD TR 0.0%

Value ($000) $317 Shares 801 Est. Cost $355.47 Unrealized —

VLUE ISHARES TR 0.0%

Value ($000) $375 Shares 2,740 Est. Cost $125.05 Unrealized —

VLTO VERALTO CORP 0.0%

Value ($000) $370 Shares 3,708 Est. Cost $96.15 Unrealized +5.1%

XLV SELECT SECTOR SPDR TR 0.0%

Value ($000) $261 Shares 1,688 Est. Cost $139.17 Unrealized —

VLO VALERO ENERGY CORP 0.0%

Value ($000) $480 Shares 2,950 Est. Cost $136.82 Unrealized +23.4%

FTNT FORTINET INC 0.0%

Value ($000) $331 Shares 4,171 Est. Cost $89.23 Unrealized -7.1%

MMM 3M CO 0.0%

Value ($000) $662 Shares 4,133 Est. Cost $141.25 Unrealized +15.5%

TGT TARGET CORP 0.0%

Value ($000) $240 Shares 2,460 Est. Cost $118.30 Unrealized -22.5%

ITW ILLINOIS TOOL WKS INC 0.0%

Value ($000) $291 Shares 1,180 Est. Cost $229.07 Unrealized +8.1%

— TRI CONTL CORP 0.0%

Value ($000) $415 Shares 12,720 Est. Cost $28.83 Unrealized —

SJT SAN JUAN BASIN RTY TR 0.0%

Value ($000) $211 Shares 37,500 Est. Cost $4.74 Unrealized —

DUK DUKE ENERGY CORP NEW 0.0%

Value ($000) $279 Shares 2,378 Est. Cost $88.76 Unrealized +37.0%

PBT PERMIAN BASIN RTY TR 0.0%

Value ($000) $204 Shares 12,000 Est. Cost $11.26 Unrealized —

CL COLGATE PALMOLIVE CO 0.0%

Value ($000) $707 Shares 8,951 Est. Cost $71.73 Unrealized +9.2%

VCIT VANGUARD SCOTTSDALE FDS 0.5%

Value ($000) $22,974 Shares 274,319 Est. Cost $80.47 Unrealized —

VTI VANGUARD INDEX FDS 0.0%

Value ($000) $557 Shares 1,660 Est. Cost $318.49 Unrealized —

MGK VANGUARD WORLD FD 0.0%

Value ($000) $393 Shares 953 Est. Cost $288.64 Unrealized —

GD GENERAL DYNAMICS CORP 0.0%

Value ($000) $400 Shares 1,187 Est. Cost $259.97 Unrealized +31.1%

AGG ISHARES TR 0.0%

Value ($000) $2,204 Shares 22,065 Est. Cost $100.25 Unrealized —

VONG VANGUARD SCOTTSDALE FDS 0.0%

Value ($000) $615 Shares 5,053 Est. Cost $92.79 Unrealized —

SPLV INVESCO EXCH TRADED FD TR II 0.0%

Value ($000) $213 Shares 2,982 Est. Cost $71.73 Unrealized —

MDY SPDR S&P MIDCAP 400 ETF TR 0.0%

Value ($000) $395 Shares 654 Est. Cost $556.40 Unrealized —

XLF SELECT SECTOR SPDR TR 0.0%

Value ($000) $265 Shares 4,846 Est. Cost $53.87 Unrealized —

VGT VANGUARD WORLD FD 0.0%

Value ($000) $410 Shares 544 Est. Cost $484.00 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $1,098 Shares 2,185 Est. Cost $462.48 Unrealized +7.6%

IWR ISHARES TR 0.0%

Value ($000) $817 Shares 8,488 Est. Cost $77.73 Unrealized —

MBS ANGEL OAK FUNDS TRUST 0.0%

Value ($000) $152 Shares 17,381 Est. Cost $8.72 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	631,601	$305,455	6.1%	$363.02	+37.9%	COM	594918104
AAPL	APPLE INC	729,974	$198,451	4.0%	$184.79	+45.2%	COM	037833100
AMGN	AMGEN INC	222,322	$72,768	1.5%	$255.70	+23.6%	COM	031162100
ORCL	ORACLE CORP	108,763	$21,199	0.4%	$166.49	+43.0%	COM	68389X105
HD	HOME DEPOT INC	127,814	$43,981	0.9%	$296.05	+23.1%	COM	437076102
BLK	BLACKROCK INC	68,723	$73,557	1.5%	$961.85	+13.3%	COM	09290D101
GOOG	ALPHABET INC	24,477	$7,681	0.2%	$158.53	+80.6%	CAP STK CL C	02079K107
UTHR	UNITED THERAPEUTICS CORP DEL	21,034	$10,249	0.2%	$264.87	+75.8%	COM	91307C102
PEP	PEPSICO INC	538,026	$77,217	1.6%	$151.02	-3.4%	COM	713448108
CVX	CHEVRON CORP NEW	636,586	$97,022	2.0%	$137.80	+9.9%	COM	166764100
UBER	UBER TECHNOLOGIES INC	74,030	$6,049	0.1%	$72.04	+25.0%	COM	90353T100
ABT	ABBOTT LABS	112,351	$14,076	0.3%	$98.72	+29.0%	COM	002824100
FTK	FLOTEK INDS INC DEL	290,000	$4,997	0.1%	$11.52	+37.8%	COM NEW	343389409
COP	CONOCOPHILLIPS	588,736	$55,112	1.1%	$108.78	-17.2%	COM	20825C104
IJR	ISHARES TR	229,225	$27,548	0.6%	$108.37	—	CORE S&P SCP ETF	464287804
MSTR	STRATEGY INC	1,754	$267	0.0%	$158.61	+45.2%	CL A NEW	594972408
EFA	ISHARES TR	75,817	$7,281	0.1%	$75.55	—	MSCI EAFE ETF	464287465
MAR	MARRIOTT INTL INC NEW	2,643	$820	0.0%	$198.52	+43.7%	CL A	571903202
IWB	ISHARES TR	15,478	$5,780	0.1%	$262.26	—	RUS 1000 ETF	464287622
TMO	THERMO FISHER SCIENTIFIC INC	1,276	$739	0.0%	$479.43	+17.9%	COM	883556102
RDNW	RIDENOW GROUP INC	100,339	$554	0.0%	$4.12	+13.5%	COM CL B	781386305
SMBC	SOUTHERN MO BANCORP INC	15,387	$910	0.0%	$42.70	+28.9%	COM	843380106
CMI	CUMMINS INC	1,069	$546	0.0%	$251.09	+85.7%	COM	231021106
TT	TRANE TECHNOLOGIES PLC	2,486	$968	0.0%	$279.63	+47.9%	SHS	G8994E103
AMD	ADVANCED MICRO DEVICES INC	1,678	$359	0.0%	$123.35	+82.1%	COM	007903107
GILD	GILEAD SCIENCES INC	7,409	$909	0.0%	$104.51	+15.7%	COM	375558103
RSG	REPUBLIC SVCS INC	4,004	$849	0.0%	$151.31	+41.8%	COM	760759100
MCK	MCKESSON CORP	1,477	$1,212	0.0%	$454.92	+79.3%	COM	58155Q103
EEM	ISHARES TR	43,894	$2,401	0.0%	$40.21	—	MSCI EMG MKT ETF	464287234
CHE	CHEMED CORP NEW	2,309	$988	0.0%	$555.55	-21.7%	COM	16359R103
D	DOMINION ENERGY INC	16,385	$960	0.0%	$53.16	+12.4%	COM	25746U109
UPS	UNITED PARCEL SERVICE INC	2,485	$246	0.0%	$88.13	+5.2%	CL B	911312106
STX	SEAGATE TECHNOLOGY HLDNGS PL	1,000	$275	0.0%	$169.71	+52.6%	ORD SHS	G7997R103
GLD	SPDR GOLD TR	801	$317	0.0%	$355.47	—	GOLD SHS	78463V107
VLUE	ISHARES TR	2,740	$375	0.0%	$125.05	—	MSCI USA VALUE	46432F388
VLTO	VERALTO CORP	3,708	$370	0.0%	$96.15	+5.1%	COM SHS	92338C103
XLV	SELECT SECTOR SPDR TR	1,688	$261	0.0%	$139.17	—	SBI HEALTHCARE	81369Y209
VLO	VALERO ENERGY CORP	2,950	$480	0.0%	$136.82	+23.4%	COM	91913Y100
FTNT	FORTINET INC	4,171	$331	0.0%	$89.23	-7.1%	COM	34959E109
MMM	3M CO	4,133	$662	0.0%	$141.25	+15.5%	COM	88579Y101
TGT	TARGET CORP	2,460	$240	0.0%	$118.30	-22.5%	COM	87612E106
ITW	ILLINOIS TOOL WKS INC	1,180	$291	0.0%	$229.07	+8.1%	COM	452308109
—	TRI CONTL CORP	12,720	$415	0.0%	$28.83	—	COM	895436103
SJT	SAN JUAN BASIN RTY TR	37,500	$211	0.0%	$4.74	—	UNIT BEN INT	798241105
DUK	DUKE ENERGY CORP NEW	2,378	$279	0.0%	$88.76	+37.0%	COM NEW	26441C204
PBT	PERMIAN BASIN RTY TR	12,000	$204	0.0%	$11.26	—	UNIT BEN INT	714236106
CL	COLGATE PALMOLIVE CO	8,951	$707	0.0%	$71.73	+9.2%	COM	194162103
VCIT	VANGUARD SCOTTSDALE FDS	274,319	$22,974	0.5%	$80.47	—	INT-TERM CORP	92206C870
VTI	VANGUARD INDEX FDS	1,660	$557	0.0%	$318.49	—	TOTAL STK MKT	922908769
MGK	VANGUARD WORLD FD	953	$393	0.0%	$288.64	—	MEGA GRWTH IND	921910816
GD	GENERAL DYNAMICS CORP	1,187	$400	0.0%	$259.97	+31.1%	COM	369550108
AGG	ISHARES TR	22,065	$2,204	0.0%	$100.25	—	CORE US AGGBD ET	464287226
VONG	VANGUARD SCOTTSDALE FDS	5,053	$615	0.0%	$92.79	—	VNG RUS1000GRW	92206C680
SPLV	INVESCO EXCH TRADED FD TR II	2,982	$213	0.0%	$71.73	—	S&P500 LOW VOL	46138E354
MDY	SPDR S&P MIDCAP 400 ETF TR	654	$395	0.0%	$556.40	—	UTSER1 S&PDCRP	78467Y107
XLF	SELECT SECTOR SPDR TR	4,846	$265	0.0%	$53.87	—	FINANCIAL	81369Y605
VGT	VANGUARD WORLD FD	544	$410	0.0%	$484.00	—	INF TECH ETF	92204A702
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,185	$1,098	0.0%	$462.48	+7.6%	CL B NEW	084670702
IWR	ISHARES TR	8,488	$817	0.0%	$77.73	—	RUS MID CAP ETF	464287499
MBS	ANGEL OAK FUNDS TRUST	17,381	$152	0.0%	$8.72	—	MORTGAGE BACKED	03463K737