Torray Investment Partners LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	KKR Series D Conv 6.25	414,402	$21,483	3.1%	$51.84	—	COM	48251W500
OKE	ONEOK Inc	259,982	$19,109	2.7%	$70.46	0.0%	COM	682680103
INTU	Intuit	21,635	$14,331	2.1%	$660.69	0.0%	COM	461202103
SNDX	Syndax Pharmaceuticals	97,802	$2,055	0.3%	$17.45	0.0%	COM	87164F105
VSTM	Verastem	216,387	$1,671	0.2%	$8.91	0.0%	COM	92337C203
SLB	SLB	5,681	$218	0.0%	$36.06	0.0%	COM	806857108
EXPE	Expedia Group	724	$205	0.0%	$246.88	0.0%	COM	30212P303

Increased Positions (27)

TW Tradeweb Mkts 1.1%

Value ($000) $7,747 (+347.1%) Shares 72,041 (+361.4%) Est. Cost $99.69 Unrealized +7.7%

MRSH Marsh 2.6%

Value ($000) $18,121 (+28.4%) Shares 97,677 (+39.5%) Est. Cost $88.50 Unrealized +110.7%

RPRX Royalty Pharma Plc 4.1%

Value ($000) $28,762 (+16.0%) Shares 744,355 (+5.9%) Est. Cost $32.21 Unrealized +18.4%

TXN Texas Instruments 3.5%

Value ($000) $24,307 (+15.7%) Shares 140,108 (+22.6%) Est. Cost $167.91 Unrealized +1.7%

PLD Prologis 2.9%

Value ($000) $20,011 (+16.5%) Shares 156,755 (+4.5%) Est. Cost $106.31 Unrealized +16.5%

PEP PepsiCo 2.8%

Value ($000) $19,472 (+13.1%) Shares 135,674 (+10.6%) Est. Cost $140.96 Unrealized +3.5%

BX Blackstone 3.1%

Value ($000) $21,510 (-8.1%) Shares 139,547 (+1.8%) Est. Cost $131.40 Unrealized +15.3%

CVX Chevron Corp 3.2%

Value ($000) $22,015 (+8.4%) Shares 144,448 (+10.4%) Est. Cost $138.82 Unrealized +9.1%

HURN Huron Consulting Group 0.3%

Value ($000) $2,251 (+184.0%) Shares 13,016 (+141.0%) Est. Cost $152.37 Unrealized +7.4%

NOW ServiceNow 0.9%

Value ($000) $6,224 (-18.4%) Shares 40,629 (+390.5%) Est. Cost $156.30 Unrealized +9.8%

COO Cooper Companies 0.3%

Value ($000) $2,034 (+81.9%) Shares 24,822 (+52.1%) Est. Cost $88.33 Unrealized -15.3%

NTRA Natera 0.4%

Value ($000) $2,772 (+44.7%) Shares 12,100 (+1.7%) Est. Cost $54.45 Unrealized +283.1%

JKHY Jack Henry & Associates 0.4%

Value ($000) $2,736 (+44.7%) Shares 14,991 (+18.1%) Est. Cost $132.74 Unrealized +25.2%

PFE Pfizer 2.9%

Value ($000) $20,009 (+4.3%) Shares 803,571 (+6.7%) Est. Cost $23.14 Unrealized +8.2%

RBC RBC Bearings 0.6%

Value ($000) $4,098 (+21.2%) Shares 9,139 (+5.5%) Est. Cost $204.77 Unrealized +106.8%

FN Fabrinet 0.4%

Value ($000) $3,106 (+26.4%) Shares 6,823 (+1.2%) Est. Cost $330.56 Unrealized +31.6%

FCN FTI Consulting 0.3%

Value ($000) $2,127 (+40.6%) Shares 12,451 (+33.0%) Est. Cost $184.90 Unrealized -10.8%

— Hewlett Packard Ent Ser C Conv 3.6%

Value ($000) $24,956 (+2.3%) Shares 374,202 (+4.1%) Est. Cost $67.85 Unrealized —

RYAN Ryan Specialty Holdings 0.4%

Value ($000) $3,118 (+19.7%) Shares 60,384 (+30.6%) Est. Cost $45.46 Unrealized +20.6%

IWF iShares Russell 1000 Growth ET 0.1%

Value ($000) $943 (+77.0%) Shares 1,993 (+75.1%) Est. Cost $291.67 Unrealized —

QLYS Qualys 0.3%

Value ($000) $1,870 (+23.1%) Shares 14,072 (+22.6%) Est. Cost $95.58 Unrealized +43.9%

MPWR Monolithic Power Systems 0.6%

Value ($000) $3,851 (+5.7%) Shares 4,249 (+7.4%) Est. Cost $352.86 Unrealized +172.3%

UNH UnitedHealth Group 2.8%

Value ($000) $19,527 (-1.0%) Shares 59,153 (+3.6%) Est. Cost $276.55 Unrealized +21.9%

DT Dynatrace 0.4%

Value ($000) $2,577 (-6.1%) Shares 59,471 (+5.0%) Est. Cost $47.64 Unrealized -2.2%

CCC CCC Intel Solutions 0.2%

Value ($000) $1,676 (+9.6%) Shares 210,857 (+25.6%) Est. Cost $10.28 Unrealized -20.9%

CPRT Copart 0.9%

Value ($000) $6,257 (-2.2%) Shares 159,824 (+12.3%) Est. Cost $35.58 Unrealized +16.5%

ENTG Entegris 0.3%

Value ($000) $1,920 (-6.3%) Shares 22,784 (+2.9%) Est. Cost $78.49 Unrealized +10.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TW	Tradeweb Mkts	72,041 (+361.4%)	$7,747 (+347.1%)	1.1%	$99.69	+7.7%	COM	892672106
MRSH	Marsh	97,677 (+39.5%)	$18,121 (+28.4%)	2.6%	$88.50	+110.7%	COM	571748102
RPRX	Royalty Pharma Plc	744,355 (+5.9%)	$28,762 (+16.0%)	4.1%	$32.21	+18.4%	COM	G7709Q104
TXN	Texas Instruments	140,108 (+22.6%)	$24,307 (+15.7%)	3.5%	$167.91	+1.7%	COM	882508104
PLD	Prologis	156,755 (+4.5%)	$20,011 (+16.5%)	2.9%	$106.31	+16.5%	COM	74340W103
PEP	PepsiCo	135,674 (+10.6%)	$19,472 (+13.1%)	2.8%	$140.96	+3.5%	COM	713448108
BX	Blackstone	139,547 (+1.8%)	$21,510 (-8.1%)	3.1%	$131.40	+15.3%	COM	09260D107
CVX	Chevron Corp	144,448 (+10.4%)	$22,015 (+8.4%)	3.2%	$138.82	+9.1%	COM	166764100
HURN	Huron Consulting Group	13,016 (+141.0%)	$2,251 (+184.0%)	0.3%	$152.37	+7.4%	COM	447462102
NOW	ServiceNow	40,629 (+390.5%)	$6,224 (-18.4%)	0.9%	$156.30	+9.8%	COM	81762P102
COO	Cooper Companies	24,822 (+52.1%)	$2,034 (+81.9%)	0.3%	$88.33	-15.3%	COM	216648501
NTRA	Natera	12,100 (+1.7%)	$2,772 (+44.7%)	0.4%	$54.45	+283.1%	COM	632307104
JKHY	Jack Henry & Associates	14,991 (+18.1%)	$2,736 (+44.7%)	0.4%	$132.74	+25.2%	COM	426281101
PFE	Pfizer	803,571 (+6.7%)	$20,009 (+4.3%)	2.9%	$23.14	+8.2%	COM	717081103
RBC	RBC Bearings	9,139 (+5.5%)	$4,098 (+21.2%)	0.6%	$204.77	+106.8%	COM	75524B104
FN	Fabrinet	6,823 (+1.2%)	$3,106 (+26.4%)	0.4%	$330.56	+31.6%	COM	G3323L100
FCN	FTI Consulting	12,451 (+33.0%)	$2,127 (+40.6%)	0.3%	$184.90	-10.8%	COM	302941109
—	Hewlett Packard Ent Ser C Conv	374,202 (+4.1%)	$24,956 (+2.3%)	3.6%	$67.85	—	COM	42824C208
RYAN	Ryan Specialty Holdings	60,384 (+30.6%)	$3,118 (+19.7%)	0.4%	$45.46	+20.6%	COM	78351F107
IWF	iShares Russell 1000 Growth ET	1,993 (+75.1%)	$943 (+77.0%)	0.1%	$291.67	—	COM	464287614
QLYS	Qualys	14,072 (+22.6%)	$1,870 (+23.1%)	0.3%	$95.58	+43.9%	COM	74758T303
MPWR	Monolithic Power Systems	4,249 (+7.4%)	$3,851 (+5.7%)	0.6%	$352.86	+172.3%	COM	609839105
UNH	UnitedHealth Group	59,153 (+3.6%)	$19,527 (-1.0%)	2.8%	$276.55	+21.9%	COM	91324P102
DT	Dynatrace	59,471 (+5.0%)	$2,577 (-6.1%)	0.4%	$47.64	-2.2%	COM	268150109
CCC	CCC Intel Solutions	210,857 (+25.6%)	$1,676 (+9.6%)	0.2%	$10.28	-20.9%	COM	12510Q100
CPRT	Copart	159,824 (+12.3%)	$6,257 (-2.2%)	0.9%	$35.58	+16.5%	COM	217204106
ENTG	Entegris	22,784 (+2.9%)	$1,920 (-6.3%)	0.3%	$78.49	+10.5%	COM	29362U104

Exited Positions (11)

EOG EOG Resources 2.5%

Value ($000) $17,128 Shares 152,761 Est. Cost $90.30 Unrealized +18.7%

EQIX Equinix 2.4%

Value ($000) $16,463 Shares 21,019 Est. Cost $774.22 Unrealized +0.9%

LEN/B Lennar Corp Cl B 2.3%

Value ($000) $16,243 Shares 135,369 Est. Cost $73.69 Unrealized +53.0%

ETN Eaton 1.6%

Value ($000) $10,909 Shares 29,150 Est. Cost $55.14 Unrealized +542.7%

FISV Fiserv 0.8%

Value ($000) $5,874 Shares 45,561 Est. Cost $99.19 Unrealized -15.4%

— Sapiens 0.4%

Value ($000) $2,513 Shares 58,442 Est. Cost $29.95 Unrealized —

SBAC SBA Communications 0.2%

Value ($000) $1,468 Shares 7,594 Est. Cost $184.73 Unrealized +4.3%

SPSC SPS Commerce 0.2%

Value ($000) $1,370 Shares 13,156 Est. Cost $170.34 Unrealized -45.6%

AMT American Tower 0.0%

Value ($000) $235 Shares 1,221 Est. Cost $200.75 Unrealized -10.2%

PTC PTC Inc 0.0%

Value ($000) $231 Shares 1,136 Est. Cost $203.90 Unrealized -8.9%

UNP Union Pacific 0.0%

Value ($000) $201 Shares 850 Est. Cost $207.32 Unrealized +9.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EOG	EOG Resources	152,761	$17,128	2.5%	$90.30	+18.7%	—	26875P101
EQIX	Equinix	21,019	$16,463	2.4%	$774.22	+0.9%	—	29444U700
LEN/B	Lennar Corp Cl B	135,369	$16,243	2.3%	$73.69	+53.0%	—	526057302
ETN	Eaton	29,150	$10,909	1.6%	$55.14	+542.7%	—	G29183103
FISV	Fiserv	45,561	$5,874	0.8%	$99.19	-15.4%	—	337738108
—	Sapiens	58,442	$2,513	0.4%	$29.95	—	—	G7T16G103
SBAC	SBA Communications	7,594	$1,468	0.2%	$184.73	+4.3%	—	78410G104
SPSC	SPS Commerce	13,156	$1,370	0.2%	$170.34	-45.6%	—	78463M107
AMT	American Tower	1,221	$235	0.0%	$200.75	-10.2%	—	03027X100
PTC	PTC Inc	1,136	$231	0.0%	$203.90	-8.9%	—	69370C100
UNP	Union Pacific	850	$201	0.0%	$207.32	+9.6%	—	907818108

Decreased Positions (37)

HD Home Depot 0.2%

Value ($000) $1,432 (-93.9%) Shares 4,162 (-92.8%) Est. Cost $290.50 Unrealized +25.5%

BRK/B Berkshire Hathaway B 0.2%

Value ($000) $1,450 (-88.3%) Shares 2,884 (-88.3%) Est. Cost $204.22 Unrealized +143.6%

AXP American Express 1.3%

Value ($000) $8,981 (-53.1%) Shares 24,275 (-57.9%) Est. Cost $64.60 Unrealized +452.6%

GOOGL Alphabet Cl A 2.1%

Value ($000) $14,798 (+21.1%) Shares 47,278 (-5.9%) Est. Cost $110.31 Unrealized +158.9%

ABBV Abbvie 3.0%

Value ($000) $21,178 (-10.0%) Shares 92,687 (-8.8%) Est. Cost $175.01 Unrealized +30.0%

MSFT Microsoft 2.4%

Value ($000) $16,424 (-10.8%) Shares 33,960 (-4.4%) Est. Cost $110.23 Unrealized +354.1%

VEEV Veeva Systems 0.7%

Value ($000) $4,717 (-27.6%) Shares 21,132 (-3.4%) Est. Cost $184.16 Unrealized +44.1%

PSX Phillips 66 3.8%

Value ($000) $26,659 (-6.2%) Shares 206,595 (-1.1%) Est. Cost $87.15 Unrealized +53.8%

AJG Arthur J. Gallagher 0.9%

Value ($000) $5,999 (-20.6%) Shares 23,180 (-4.9%) Est. Cost $211.52 Unrealized +24.9%

APH Amphenol 1.2%

Value ($000) $8,663 (-14.3%) Shares 64,103 (-21.5%) Est. Cost $39.36 Unrealized +239.3%

ORLY O'Reilly Automotive 0.8%

Value ($000) $5,734 (-19.7%) Shares 62,868 (-5.1%) Est. Cost $86.07 Unrealized +13.5%

CNSWF Constellation Software 0.7%

Value ($000) $5,138 (-17.2%) Shares 2,136 (-6.6%) Est. Cost $1580.71 Unrealized +59.3%

VUG Vanguard Index Funds Growth Et 0.4%

Value ($000) $3,140 (-24.4%) Shares 6,436 (-25.7%) Est. Cost $479.61 Unrealized —

NEE NextEra Energy 2.7%

Value ($000) $18,868 (+4.8%) Shares 235,026 (-1.4%) Est. Cost $72.21 Unrealized +14.2%

POOL Pool 0.1%

Value ($000) $783 (-52.3%) Shares 3,422 (-35.4%) Est. Cost $371.70 Unrealized -30.2%

TYL Tyler Technologies 0.6%

Value ($000) $4,267 (-15.9%) Shares 9,399 (-3.0%) Est. Cost $448.71 Unrealized +6.2%

MS Morgan Stanley 0.8%

Value ($000) $5,528 (-12.5%) Shares 31,138 (-21.6%) Est. Cost $90.75 Unrealized +83.4%

BWXT BWX Technologies 0.3%

Value ($000) $2,188 (-24.2%) Shares 12,659 (-19.1%) Est. Cost $84.72 Unrealized +121.2%

AMGN Amgen 3.0%

Value ($000) $21,160 (+3.4%) Shares 64,647 (-10.9%) Est. Cost $269.74 Unrealized +17.1%

VRTX Vertex Pharmaceuticals 1.0%

Value ($000) $7,012 (+10.1%) Shares 15,466 (-4.9%) Est. Cost $388.80 Unrealized +10.9%

AXSM Axsome Therapeutics 0.4%

Value ($000) $2,702 (+27.7%) Shares 14,794 (-15.1%) Est. Cost $86.28 Unrealized +61.8%

ADBE Adobe 0.7%

Value ($000) $5,212 (-9.8%) Shares 14,892 (-9.1%) Est. Cost $420.67 Unrealized -19.2%

VRSK Verisk Analytics 0.6%

Value ($000) $3,884 (-12.1%) Shares 17,364 (-1.2%) Est. Cost $70.71 Unrealized +218.6%

CASY Casey's General Stores 1.4%

Value ($000) $9,567 (-5.3%) Shares 17,310 (-3.1%) Est. Cost $350.39 Unrealized +56.9%

TSM Taiwan Semiconductor 1.2%

Value ($000) $8,197 (+6.1%) Shares 26,974 (-2.5%) Est. Cost $226.49 Unrealized —

AVGO Broadcom 4.5%

Value ($000) $31,542 (+1.4%) Shares 91,137 (-3.4%) Est. Cost $183.55 Unrealized +94.5%

BE Bloom Energy 0.4%

Value ($000) $2,675 (-13.7%) Shares 30,786 (-16.0%) Est. Cost $22.35 Unrealized +370.0%

SHW Sherwin Williams 0.5%

Value ($000) $3,770 (-9.7%) Shares 11,635 (-3.5%) Est. Cost $204.20 Unrealized +63.6%

KLAC KLA 1.1%

Value ($000) $8,015 (+5.3%) Shares 6,596 (-6.6%) Est. Cost $314.88 Unrealized +272.2%

CEG Constellation Energy 1.0%

Value ($000) $6,729 (+5.7%) Shares 19,049 (-1.5%) Est. Cost $249.66 Unrealized +45.5%

EVLV Evolv Technologies 0.1%

Value ($000) $933 (-25.0%) Shares 130,325 (-20.9%) Est. Cost $7.30 Unrealized -2.6%

AMZN Amazon.com 2.4%

Value ($000) $16,716 (+1.5%) Shares 72,420 (-3.4%) Est. Cost $123.46 Unrealized +85.3%

LZAGY Lonza Group ADR 0.9%

Value ($000) $6,244 (-3.5%) Shares 92,924 (-4.3%) Est. Cost $32.99 Unrealized —

CNA CNA Financial 3.4%

Value ($000) $23,555 (+0.9%) Shares 493,402 (-1.8%) Est. Cost $45.89 Unrealized -0.1%

ENB Enbridge 0.1%

Value ($000) $528 (-11.6%) Shares 11,045 (-6.8%) Est. Cost $27.05 Unrealized +74.2%

V Visa 1.0%

Value ($000) $6,885 (+0.2%) Shares 19,633 (-2.4%) Est. Cost $89.79 Unrealized +279.1%

AAPL Apple 1.9%

Value ($000) $13,610 (+0.1%) Shares 50,061 (-6.3%) Est. Cost $91.51 Unrealized +193.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	Home Depot	4,162 (-92.8%)	$1,432 (-93.9%)	0.2%	$290.50	+25.5%	COM	437076102
BRK/B	Berkshire Hathaway B	2,884 (-88.3%)	$1,450 (-88.3%)	0.2%	$204.22	+143.6%	COM	084670702
AXP	American Express	24,275 (-57.9%)	$8,981 (-53.1%)	1.3%	$64.60	+452.6%	COM	025816109
GOOGL	Alphabet Cl A	47,278 (-5.9%)	$14,798 (+21.1%)	2.1%	$110.31	+158.9%	COM	02079K305
ABBV	Abbvie	92,687 (-8.8%)	$21,178 (-10.0%)	3.0%	$175.01	+30.0%	COM	00287Y109
MSFT	Microsoft	33,960 (-4.4%)	$16,424 (-10.8%)	2.4%	$110.23	+354.1%	COM	594918104
VEEV	Veeva Systems	21,132 (-3.4%)	$4,717 (-27.6%)	0.7%	$184.16	+44.1%	COM	922475108
PSX	Phillips 66	206,595 (-1.1%)	$26,659 (-6.2%)	3.8%	$87.15	+53.8%	COM	718546104
AJG	Arthur J. Gallagher	23,180 (-4.9%)	$5,999 (-20.6%)	0.9%	$211.52	+24.9%	COM	363576109
APH	Amphenol	64,103 (-21.5%)	$8,663 (-14.3%)	1.2%	$39.36	+239.3%	COM	032095101
ORLY	O'Reilly Automotive	62,868 (-5.1%)	$5,734 (-19.7%)	0.8%	$86.07	+13.5%	COM	67103H107
CNSWF	Constellation Software	2,136 (-6.6%)	$5,138 (-17.2%)	0.7%	$1580.71	+59.3%	COM	21037X100
VUG	Vanguard Index Funds Growth Et	6,436 (-25.7%)	$3,140 (-24.4%)	0.4%	$479.61	—	COM	922908736
NEE	NextEra Energy	235,026 (-1.4%)	$18,868 (+4.8%)	2.7%	$72.21	+14.2%	COM	65339F101
POOL	Pool	3,422 (-35.4%)	$783 (-52.3%)	0.1%	$371.70	-30.2%	COM	73278L105
TYL	Tyler Technologies	9,399 (-3.0%)	$4,267 (-15.9%)	0.6%	$448.71	+6.2%	COM	902252105
MS	Morgan Stanley	31,138 (-21.6%)	$5,528 (-12.5%)	0.8%	$90.75	+83.4%	COM	617446448
BWXT	BWX Technologies	12,659 (-19.1%)	$2,188 (-24.2%)	0.3%	$84.72	+121.2%	COM	05605H100
AMGN	Amgen	64,647 (-10.9%)	$21,160 (+3.4%)	3.0%	$269.74	+17.1%	COM	031162100
VRTX	Vertex Pharmaceuticals	15,466 (-4.9%)	$7,012 (+10.1%)	1.0%	$388.80	+10.9%	COM	92532F100
AXSM	Axsome Therapeutics	14,794 (-15.1%)	$2,702 (+27.7%)	0.4%	$86.28	+61.8%	COM	05464T104
ADBE	Adobe	14,892 (-9.1%)	$5,212 (-9.8%)	0.7%	$420.67	-19.2%	COM	00724F101
VRSK	Verisk Analytics	17,364 (-1.2%)	$3,884 (-12.1%)	0.6%	$70.71	+218.6%	COM	92345Y106
CASY	Casey's General Stores	17,310 (-3.1%)	$9,567 (-5.3%)	1.4%	$350.39	+56.9%	COM	147528103
TSM	Taiwan Semiconductor	26,974 (-2.5%)	$8,197 (+6.1%)	1.2%	$226.49	—	COM	874039100
AVGO	Broadcom	91,137 (-3.4%)	$31,542 (+1.4%)	4.5%	$183.55	+94.5%	COM	11135F101
BE	Bloom Energy	30,786 (-16.0%)	$2,675 (-13.7%)	0.4%	$22.35	+370.0%	COM	093712107
SHW	Sherwin Williams	11,635 (-3.5%)	$3,770 (-9.7%)	0.5%	$204.20	+63.6%	COM	824348106
KLAC	KLA	6,596 (-6.6%)	$8,015 (+5.3%)	1.1%	$314.88	+272.2%	COM	482480100
CEG	Constellation Energy	19,049 (-1.5%)	$6,729 (+5.7%)	1.0%	$249.66	+45.5%	COM	21037T109
EVLV	Evolv Technologies	130,325 (-20.9%)	$933 (-25.0%)	0.1%	$7.30	-2.6%	COM	30049H102
AMZN	Amazon.com	72,420 (-3.4%)	$16,716 (+1.5%)	2.4%	$123.46	+85.3%	COM	023135106
LZAGY	Lonza Group ADR	92,924 (-4.3%)	$6,244 (-3.5%)	0.9%	$32.99	—	COM	54338V101
CNA	CNA Financial	493,402 (-1.8%)	$23,555 (+0.9%)	3.4%	$45.89	-0.1%	COM	126117100
ENB	Enbridge	11,045 (-6.8%)	$528 (-11.6%)	0.1%	$27.05	+74.2%	COM	29250N105
V	Visa	19,633 (-2.4%)	$6,885 (+0.2%)	1.0%	$89.79	+279.1%	COM	92826C839
AAPL	Apple	50,061 (-6.3%)	$13,610 (+0.1%)	1.9%	$91.51	+193.2%	COM	037833100

Unchanged Positions (24)

KRYS Krystal Biotech 0.4%

Value ($000) $2,955 Shares 11,985 Est. Cost $146.96 Unrealized +43.2%

GOOG Alphabet Cl C 0.3%

Value ($000) $1,919 Shares 6,114 Est. Cost $113.28 Unrealized +152.8%

MTD Mettler Toledo 0.3%

Value ($000) $2,327 Shares 1,669 Est. Cost $862.06 Unrealized +62.0%

JPM JPMorgan 1.8%

Value ($000) $12,521 Shares 38,859 Est. Cost $100.93 Unrealized +206.7%

HALO Halozyme Therapeutics 0.4%

Value ($000) $2,566 Shares 38,135 Est. Cost $31.59 Unrealized +112.9%

— Rocket Lab 0.1%

Value ($000) $628 Shares 9,000 Est. Cost $35.77 Unrealized —

LLY Eli Lilly & Co 0.1%

Value ($000) $428 Shares 398 Est. Cost $890.31 Unrealized +7.3%

URI United Rentals 0.1%

Value ($000) $534 Shares 660 Est. Cost $318.25 Unrealized +172.5%

JNJ Johnson & Johnson 0.1%

Value ($000) $874 Shares 4,221 Est. Cost $98.45 Unrealized +100.1%

AMAT Applied Materials 0.0%

Value ($000) $308 Shares 1,200 Est. Cost $95.78 Unrealized +150.0%

DHR Danaher 0.1%

Value ($000) $428 Shares 1,871 Est. Cost $57.04 Unrealized +284.9%

MSI Motorola Solutions Inc New 0.0%

Value ($000) $217 Shares 566 Est. Cost $410.72 Unrealized -2.4%

COST Costco Wholesale 0.1%

Value ($000) $542 Shares 628 Est. Cost $506.00 Unrealized +79.0%

NOC Northrop Grumman 0.1%

Value ($000) $506 Shares 887 Est. Cost $478.00 Unrealized +21.1%

WFC Wells Fargo 0.0%

Value ($000) $280 Shares 3,000 Est. Cost $66.67 Unrealized +29.9%

RTX RTX 0.0%

Value ($000) $310 Shares 1,689 Est. Cost $124.76 Unrealized +38.9%

EW Edwards Lifesciences Corp 0.0%

Value ($000) $255 Shares 2,994 Est. Cost $72.66 Unrealized +13.0%

HON Honeywell 0.0%

Value ($000) $243 Shares 1,245 Est. Cost $118.47 Unrealized +64.6%

ABT Abbott Labs 0.0%

Value ($000) $226 Shares 1,800 Est. Cost $107.07 Unrealized +18.9%

RYCEY Rolls Royce Holdings 0.1%

Value ($000) $393 Shares 25,000 Est. Cost $13.38 Unrealized —

MMM 3M Company 0.0%

Value ($000) $320 Shares 2,000 Est. Cost $119.14 Unrealized +37.0%

TSLA Tesla 0.1%

Value ($000) $832 Shares 1,850 Est. Cost $346.84 Unrealized +27.8%

VTI Vanguard Index Funds Total Sto 0.0%

Value ($000) $249 Shares 742 Est. Cost $303.87 Unrealized —

NVDA Nvidia Corporation Com 0.1%

Value ($000) $570 Shares 3,055 Est. Cost $136.61 Unrealized +36.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KRYS	Krystal Biotech	11,985	$2,955	0.4%	$146.96	+43.2%	COM	501147102
GOOG	Alphabet Cl C	6,114	$1,919	0.3%	$113.28	+152.8%	COM	02079K107
MTD	Mettler Toledo	1,669	$2,327	0.3%	$862.06	+62.0%	COM	592688105
JPM	JPMorgan	38,859	$12,521	1.8%	$100.93	+206.7%	COM	46625H100
HALO	Halozyme Therapeutics	38,135	$2,566	0.4%	$31.59	+112.9%	COM	40637H109
—	Rocket Lab	9,000	$628	0.1%	$35.77	—	COM	773122106
LLY	Eli Lilly & Co	398	$428	0.1%	$890.31	+7.3%	COM	532457108
URI	United Rentals	660	$534	0.1%	$318.25	+172.5%	COM	911363109
JNJ	Johnson & Johnson	4,221	$874	0.1%	$98.45	+100.1%	COM	478160104
AMAT	Applied Materials	1,200	$308	0.0%	$95.78	+150.0%	COM	038222105
DHR	Danaher	1,871	$428	0.1%	$57.04	+284.9%	COM	235851102
MSI	Motorola Solutions Inc New	566	$217	0.0%	$410.72	-2.4%	COM	620076307
COST	Costco Wholesale	628	$542	0.1%	$506.00	+79.0%	COM	22160K105
NOC	Northrop Grumman	887	$506	0.1%	$478.00	+21.1%	COM	666807102
WFC	Wells Fargo	3,000	$280	0.0%	$66.67	+29.9%	COM	949746101
RTX	RTX	1,689	$310	0.0%	$124.76	+38.9%	COM	75513E101
EW	Edwards Lifesciences Corp	2,994	$255	0.0%	$72.66	+13.0%	COM	28176E108
HON	Honeywell	1,245	$243	0.0%	$118.47	+64.6%	COM	438516106
ABT	Abbott Labs	1,800	$226	0.0%	$107.07	+18.9%	COM	002824100
RYCEY	Rolls Royce Holdings	25,000	$393	0.1%	$13.38	—	COM	775781206
MMM	3M Company	2,000	$320	0.0%	$119.14	+37.0%	COM	88579Y101
TSLA	Tesla	1,850	$832	0.1%	$346.84	+27.8%	COM	88160R101
VTI	Vanguard Index Funds Total Sto	742	$249	0.0%	$303.87	—	COM	922908769
NVDA	Nvidia Corporation Com	3,055	$570	0.1%	$136.61	+36.2%	COM	67066G104