WULFF, HANSEN & CO. Diversified Active

CIK: 0000108634 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 3, 2026

Total Value ($000): $119,196 (100.0% shares, 0.0% debt)

Holdings (102)

New Positions (5)

AMZN AMAZON COM INC 3.8%

Value ($000) $4,483 Shares 19,420 Est. Cost $228.79 Unrealized 0.0%

IEMG ISHARES INC 0.3%

Value ($000) $390 Shares 5,804 Est. Cost $67.22 Unrealized —

GH GUARDANT HEALTH INC 0.3%

Value ($000) $325 Shares 3,185 Est. Cost $89.46 Unrealized 0.0%

GSL GLOBAL SHIP LEASE INC NEW 0.2%

Value ($000) $238 Shares 6,805 Est. Cost $32.49 Unrealized 0.0%

FISV FISERV INC 0.2%

Value ($000) $203 Shares 3,015 Est. Cost $83.87 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	19,420	$4,483	3.8%	$228.79	0.0%	COM	023135106
IEMG	ISHARES INC	5,804	$390	0.3%	$67.22	—	CORE MSCI EMKT	46434G103
GH	GUARDANT HEALTH INC	3,185	$325	0.3%	$89.46	0.0%	com	40131M109
GSL	GLOBAL SHIP LEASE INC NEW	6,805	$238	0.2%	$32.49	0.0%	COM CL A	Y27183600
FISV	FISERV INC	3,015	$203	0.2%	$83.87	0.0%	COM	337738108

Increased Positions (4)

HII HUNTINGTON INGALLS INDS INC 0.3%

Value ($000) $416 (+31.8%) Shares 1,222 (+11.6%) Est. Cost $229.69 Unrealized +34.7%

XLE SELECT SECTOR SPDR TR 0.4%

Value ($000) $471 (-6.6%) Shares 10,540 (+86.5%) Est. Cost $50.48 Unrealized —

XLY SELECT SECTOR SPDR TR 1.4%

Value ($000) $1,683 (-0.9%) Shares 14,098 (+98.9%) Est. Cost $134.56 Unrealized —

BN BROOKFIELD CORP 1.9%

Value ($000) $2,257 (+0.4%) Shares 49,190 (+50.0%) Est. Cost $29.96 Unrealized +52.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HII	HUNTINGTON INGALLS INDS INC	1,222 (+11.6%)	$416 (+31.8%)	0.3%	$229.69	+34.7%	Com	446413106
XLE	SELECT SECTOR SPDR TR	10,540 (+86.5%)	$471 (-6.6%)	0.4%	$50.48	—	ENERGY	81369Y506
XLY	SELECT SECTOR SPDR TR	14,098 (+98.9%)	$1,683 (-0.9%)	1.4%	$134.56	—	SBI CONS DISCR	81369Y407
BN	BROOKFIELD CORP	49,190 (+50.0%)	$2,257 (+0.4%)	1.9%	$29.96	+52.0%	CL A LTD VT SH	11271J107

Exited Positions (4)

KMB KIMBERLY-CLARK CORP 0.5%

Value ($000) $577 Shares 4,642 Est. Cost $115.21 Unrealized -5.9%

DIS DISNEY WALT CO 0.3%

Value ($000) $355 Shares 3,099 Est. Cost $153.90 Unrealized -28.8%

NKE NIKE INC 0.3%

Value ($000) $301 Shares 4,315 Est. Cost $150.45 Unrealized -56.9%

EFX EQUIFAX INC 0.2%

Value ($000) $207 Shares 805 Est. Cost $250.41 Unrealized -12.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMB	KIMBERLY-CLARK CORP	4,642	$577	0.5%	$115.21	-5.9%	—	494368103
DIS	DISNEY WALT CO	3,099	$355	0.3%	$153.90	-28.8%	—	254687106
NKE	NIKE INC	4,315	$301	0.3%	$150.45	-56.9%	—	654106103
EFX	EQUIFAX INC	805	$207	0.2%	$250.41	-12.7%	—	294429105

Decreased Positions (38)

GOOGL ALPHABET INC 5.1%

Value ($000) $6,086 (+27.2%) Shares 19,445 (-1.2%) Est. Cost $122.25 Unrealized +133.6%

BX BLACKSTONE INC 6.7%

Value ($000) $8,038 (-10.7%) Shares 52,149 (-1.0%) Est. Cost $114.55 Unrealized +32.2%

MSFT MICROSOFT CORP 3.7%

Value ($000) $4,450 (-9.4%) Shares 9,201 (-3.0%) Est. Cost $325.01 Unrealized +54.0%

MRK MERCK & CO INC 1.5%

Value ($000) $1,845 (+24.0%) Shares 17,525 (-1.1%) Est. Cost $70.39 Unrealized +32.5%

PG PROCTER AND GAMBLE CO 2.4%

Value ($000) $2,838 (-9.7%) Shares 19,804 (-3.2%) Est. Cost $134.13 Unrealized +9.7%

MDLZ MONDELEZ INTL INC 1.0%

Value ($000) $1,213 (-18.5%) Shares 22,530 (-5.4%) Est. Cost $55.31 Unrealized +3.2%

AAPL APPLE INC 3.4%

Value ($000) $4,055 (+5.5%) Shares 14,918 (-1.2%) Est. Cost $181.42 Unrealized +47.9%

GPC GENUINE PARTS CO 1.1%

Value ($000) $1,271 (-13.6%) Shares 10,335 (-2.6%) Est. Cost $118.01 Unrealized +9.0%

SO SOUTHERN CO 0.6%

Value ($000) $667 (-20.0%) Shares 7,648 (-13.1%) Est. Cost $59.57 Unrealized +52.6%

PM PHILIP MORRIS INTL INC 1.4%

Value ($000) $1,618 (-9.2%) Shares 10,090 (-8.2%) Est. Cost $80.95 Unrealized +89.7%

INTC INTEL CORP 0.4%

Value ($000) $473 (-25.5%) Shares 12,816 (-32.2%) Est. Cost $42.01 Unrealized -10.1%

NVDA NVIDIA CORPORATION 1.4%

Value ($000) $1,633 (-8.8%) Shares 8,755 (-8.8%) Est. Cost $107.32 Unrealized +73.4%

XOM EXXON MOBIL CORP 0.8%

Value ($000) $950 (-13.7%) Shares 7,895 (-19.1%) Est. Cost $77.00 Unrealized +50.0%

LMT LOCKHEED MARTIN CORP 0.9%

Value ($000) $1,022 (-12.4%) Shares 2,112 (-9.6%) Est. Cost $343.29 Unrealized +38.7%

CVX CHEVRON CORP NEW 1.0%

Value ($000) $1,139 (-10.5%) Shares 7,475 (-8.8%) Est. Cost $105.69 Unrealized +43.3%

CWT CALIFORNIA WTR SVC GROUP 0.7%

Value ($000) $850 (-12.7%) Shares 19,625 (-7.5%) Est. Cost $57.68 Unrealized -21.8%

BAC BK OF AMERICA CORP 2.1%

Value ($000) $2,456 (+5.2%) Shares 44,648 (-1.3%) Est. Cost $40.56 Unrealized +29.8%

SPSM SPDR SER TR 0.7%

Value ($000) $865 (-7.6%) Shares 18,455 (-8.6%) Est. Cost $42.08 Unrealized —

BIP BROOKFIELD INFRAST PARTNERS 1.5%

Value ($000) $1,775 (+4.1%) Shares 51,106 (-1.5%) Est. Cost $52.30 Unrealized —

LIN LINDE PLC 0.3%

Value ($000) $326 (-15.1%) Shares 764 (-5.4%) Est. Cost $444.55 Unrealized -3.9%

IGSB ISHARES TR 0.7%

Value ($000) $835 (-6.4%) Shares 15,795 (-6.2%) Est. Cost $48.17 Unrealized —

ESS ESSEX PPTY TR INC 0.3%

Value ($000) $409 (-10.9%) Shares 1,564 (-8.9%) Est. Cost $290.67 Unrealized -11.8%

VCSH VANGUARD SCOTTSDALE FDS 0.9%

Value ($000) $1,112 (-4.3%) Shares 13,945 (-4.1%) Est. Cost $77.37 Unrealized —

HON HONEYWELL INTL INC 0.3%

Value ($000) $371 (-10.4%) Shares 1,900 (-3.3%) Est. Cost $173.01 Unrealized +12.7%

JPM JPMORGAN CHASE & CO 3.3%

Value ($000) $3,899 (+1.1%) Shares 12,101 (-1.1%) Est. Cost $145.41 Unrealized +112.9%

AEP AMERICAN ELEC PWR CO INC 0.3%

Value ($000) $391 (-9.5%) Shares 3,390 (-11.7%) Est. Cost $75.81 Unrealized +55.3%

GEV GE VERNOVA INC 1.0%

Value ($000) $1,166 (+3.3%) Shares 1,784 (-2.8%) Est. Cost $183.63 Unrealized +231.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.6%

Value ($000) $1,891 (-1.8%) Shares 3,762 (-1.8%) Est. Cost $336.56 Unrealized +47.8%

ABBV ABBVIE INC 0.5%

Value ($000) $608 (-4.4%) Shares 2,660 (-3.1%) Est. Cost $101.71 Unrealized +123.7%

BA BOEING CO 1.0%

Value ($000) $1,184 (-2.1%) Shares 5,451 (-2.7%) Est. Cost $202.21 Unrealized +1.7%

BIPC BROOKFIELD INFRASTRUCTURE CO 0.3%

Value ($000) $338 (+7.5%) Shares 7,455 (-2.7%) Est. Cost $39.87 Unrealized +12.9%

VOO VANGUARD INDEX FDS 1.0%

Value ($000) $1,211 (-1.7%) Shares 1,931 (-4.0%) Est. Cost $569.02 Unrealized —

NVS NOVARTIS AG 0.3%

Value ($000) $395 (+5.3%) Shares 2,865 (-2.1%) Est. Cost $88.65 Unrealized —

DHR DANAHER CORPORATION 0.2%

Value ($000) $233 (-5.6%) Shares 1,020 (-18.3%) Est. Cost $216.97 Unrealized +1.2%

PFF ISHARES TR 0.3%

Value ($000) $365 (-3.6%) Shares 11,800 (-1.6%) Est. Cost $35.84 Unrealized —

DE DEERE & CO 0.3%

Value ($000) $379 (-2.4%) Shares 815 (-4.1%) Est. Cost $461.52 Unrealized +1.3%

GE GENERAL ELECTRIC CO 2.4%

Value ($000) $2,815 (-0.2%) Shares 9,140 (-2.6%) Est. Cost $129.64 Unrealized +132.0%

MCO MOODYS CORP 0.3%

Value ($000) $329 (+0.2%) Shares 645 (-6.5%) Est. Cost $393.91 Unrealized +23.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	19,445 (-1.2%)	$6,086 (+27.2%)	5.1%	$122.25	+133.6%	CAP STK CL A	02079K305
BX	BLACKSTONE INC	52,149 (-1.0%)	$8,038 (-10.7%)	6.7%	$114.55	+32.2%	COM	09260D107
MSFT	MICROSOFT CORP	9,201 (-3.0%)	$4,450 (-9.4%)	3.7%	$325.01	+54.0%	COM	594918104
MRK	MERCK & CO INC	17,525 (-1.1%)	$1,845 (+24.0%)	1.5%	$70.39	+32.5%	COM	58933Y105
PG	PROCTER AND GAMBLE CO	19,804 (-3.2%)	$2,838 (-9.7%)	2.4%	$134.13	+9.7%	COM	742718109
MDLZ	MONDELEZ INTL INC	22,530 (-5.4%)	$1,213 (-18.5%)	1.0%	$55.31	+3.2%	CL A	609207105
AAPL	APPLE INC	14,918 (-1.2%)	$4,055 (+5.5%)	3.4%	$181.42	+47.9%	COM	037833100
GPC	GENUINE PARTS CO	10,335 (-2.6%)	$1,271 (-13.6%)	1.1%	$118.01	+9.0%	COM	372460105
SO	SOUTHERN CO	7,648 (-13.1%)	$667 (-20.0%)	0.6%	$59.57	+52.6%	COM	842587107
PM	PHILIP MORRIS INTL INC	10,090 (-8.2%)	$1,618 (-9.2%)	1.4%	$80.95	+89.7%	COM	718172109
INTC	INTEL CORP	12,816 (-32.2%)	$473 (-25.5%)	0.4%	$42.01	-10.1%	COM	458140100
NVDA	NVIDIA CORPORATION	8,755 (-8.8%)	$1,633 (-8.8%)	1.4%	$107.32	+73.4%	com	67066G104
XOM	EXXON MOBIL CORP	7,895 (-19.1%)	$950 (-13.7%)	0.8%	$77.00	+50.0%	COM	30231G102
LMT	LOCKHEED MARTIN CORP	2,112 (-9.6%)	$1,022 (-12.4%)	0.9%	$343.29	+38.7%	COM	539830109
CVX	CHEVRON CORP NEW	7,475 (-8.8%)	$1,139 (-10.5%)	1.0%	$105.69	+43.3%	COM	166764100
CWT	CALIFORNIA WTR SVC GROUP	19,625 (-7.5%)	$850 (-12.7%)	0.7%	$57.68	-21.8%	COM	130788102
BAC	BK OF AMERICA CORP	44,648 (-1.3%)	$2,456 (+5.2%)	2.1%	$40.56	+29.8%	COM	060505104
SPSM	SPDR SER TR	18,455 (-8.6%)	$865 (-7.6%)	0.7%	$42.08	—	PORTFOLIO S&P600	78468R853
BIP	BROOKFIELD INFRAST PARTNERS	51,106 (-1.5%)	$1,775 (+4.1%)	1.5%	$52.30	—	LP INT UNIT	G16252101
LIN	LINDE PLC	764 (-5.4%)	$326 (-15.1%)	0.3%	$444.55	-3.9%	SHS	G54950103
IGSB	ISHARES TR	15,795 (-6.2%)	$835 (-6.4%)	0.7%	$48.17	—	ISHS 1-5YR UNVS	464288646
ESS	ESSEX PPTY TR INC	1,564 (-8.9%)	$409 (-10.9%)	0.3%	$290.67	-11.8%	COM	297178105
VCSH	VANGUARD SCOTTSDALE FDS	13,945 (-4.1%)	$1,112 (-4.3%)	0.9%	$77.37	—	SHRT TRM CORP BD	92206C409
HON	HONEYWELL INTL INC	1,900 (-3.3%)	$371 (-10.4%)	0.3%	$173.01	+12.7%	Com	438516106
JPM	JPMORGAN CHASE & CO	12,101 (-1.1%)	$3,899 (+1.1%)	3.3%	$145.41	+112.9%	COM	46625H100
AEP	AMERICAN ELEC PWR CO INC	3,390 (-11.7%)	$391 (-9.5%)	0.3%	$75.81	+55.3%	COM	025537101
GEV	GE VERNOVA INC	1,784 (-2.8%)	$1,166 (+3.3%)	1.0%	$183.63	+231.7%	COM	36828A101
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,762 (-1.8%)	$1,891 (-1.8%)	1.6%	$336.56	+47.8%	CL B NEW	084670702
ABBV	ABBVIE INC	2,660 (-3.1%)	$608 (-4.4%)	0.5%	$101.71	+123.7%	COM	00287Y109
BA	BOEING CO	5,451 (-2.7%)	$1,184 (-2.1%)	1.0%	$202.21	+1.7%	COM	097023105
BIPC	BROOKFIELD INFRASTRUCTURE CO	7,455 (-2.7%)	$338 (+7.5%)	0.3%	$39.87	+12.9%	COM SUB VTG A	11276H106
VOO	VANGUARD INDEX FDS	1,931 (-4.0%)	$1,211 (-1.7%)	1.0%	$569.02	—	S&P 500 ETF SHS	922908363
NVS	NOVARTIS AG	2,865 (-2.1%)	$395 (+5.3%)	0.3%	$88.65	—	SPONSORED ADR	66987V109
DHR	DANAHER CORPORATION	1,020 (-18.3%)	$233 (-5.6%)	0.2%	$216.97	+1.2%	COM	235851102
PFF	ISHARES TR	11,800 (-1.6%)	$365 (-3.6%)	0.3%	$35.84	—	PFD AND INCM SEC	464288687
DE	DEERE & CO	815 (-4.1%)	$379 (-2.4%)	0.3%	$461.52	+1.3%	COM	244199105
GE	GENERAL ELECTRIC CO	9,140 (-2.6%)	$2,815 (-0.2%)	2.4%	$129.64	+132.0%	COM NEW	369604301
MCO	MOODYS CORP	645 (-6.5%)	$329 (+0.2%)	0.3%	$393.91	+23.7%	COM	615369105

Unchanged Positions (55)

RTX RAYTHEON TECHNOLOGIES CORP 3.3%

Value ($000) $3,893 Shares 21,227 Est. Cost $79.43 Unrealized +118.2%

FCX FREEPORT-MCMORAN INC 1.1%

Value ($000) $1,310 Shares 25,799 Est. Cost $34.82 Unrealized +24.4%

MP MP MATERIALS CORP 0.7%

Value ($000) $831 Shares 16,451 Est. Cost $28.91 Unrealized +119.3%

HD HOME DEPOT INC 1.2%

Value ($000) $1,395 Shares 4,054 Est. Cost $343.18 Unrealized +6.2%

JNJ JOHNSON & JOHNSON 1.6%

Value ($000) $1,961 Shares 9,475 Est. Cost $145.09 Unrealized +35.8%

CAT CATERPILLAR INC 0.9%

Value ($000) $1,086 Shares 1,895 Est. Cost $351.95 Unrealized +57.8%

LLY LILLY ELI & CO 0.5%

Value ($000) $596 Shares 555 Est. Cost $329.89 Unrealized +189.7%

HCC WARRIOR MET COAL INC 0.5%

Value ($000) $614 Shares 6,963 Est. Cost $42.32 Unrealized +77.6%

COST COSTCO WHSL CORP NEW 1.5%

Value ($000) $1,741 Shares 2,019 Est. Cost $800.22 Unrealized +13.2%

WLDN WILLDAN GROUP INC 1.5%

Value ($000) $1,815 Shares 17,505 Est. Cost $29.59 Unrealized +232.7%

MSI MOTOROLA SOLUTIONS INC 0.5%

Value ($000) $568 Shares 1,481 Est. Cost $287.00 Unrealized +39.6%

DLR DIGITAL RLTY TR INC 0.6%

Value ($000) $768 Shares 4,961 Est. Cost $133.96 Unrealized +21.8%

WMT WALMART INC 1.0%

Value ($000) $1,196 Shares 10,733 Est. Cost $54.95 Unrealized +95.1%

AWK AMERICAN WTR WKS CO INC NEW 1.0%

Value ($000) $1,236 Shares 9,475 Est. Cost $160.41 Unrealized -17.0%

CLX CLOROX CO DEL 0.3%

Value ($000) $321 Shares 3,185 Est. Cost $145.62 Unrealized -25.6%

ETN EATON CORP PLC 0.3%

Value ($000) $400 Shares 1,255 Est. Cost $133.40 Unrealized +165.7%

CPB CAMPBELL SOUP CO 0.4%

Value ($000) $434 Shares 15,580 Est. Cost $36.19 Unrealized -16.9%

DUK DUKE ENERGY CORP NEW 0.8%

Value ($000) $932 Shares 7,950 Est. Cost $87.24 Unrealized +39.4%

GIS GENERAL MLS INC 0.5%

Value ($000) $611 Shares 13,140 Est. Cost $55.25 Unrealized -14.1%

V VISA INC 1.5%

Value ($000) $1,773 Shares 5,055 Est. Cost $241.78 Unrealized +40.8%

HPQ HP INC 0.2%

Value ($000) $202 Shares 9,081 Est. Cost $28.65 Unrealized -11.9%

AVGO BROADCOM INC 0.9%

Value ($000) $1,054 Shares 3,045 Est. Cost $181.22 Unrealized +97.0%

HVT HAVERTY FURNITURE COS INC 0.6%

Value ($000) $713 Shares 30,522 Est. Cost $28.13 Unrealized -20.0%

CSX CSX CORP 1.8%

Value ($000) $2,140 Shares 59,040 Est. Cost $33.16 Unrealized +7.7%

BAM BROOKFIELD ASSET MANAGMT LTD 0.3%

Value ($000) $410 Shares 7,830 Est. Cost $52.76 Unrealized +1.3%

VZ VERIZON COMMUNICATIONS INC 0.4%

Value ($000) $435 Shares 10,671 Est. Cost $40.39 Unrealized +0.2%

AXP AMERICAN EXPRESS CO 0.2%

Value ($000) $254 Shares 686 Est. Cost $316.55 Unrealized +12.8%

META META PLATFORMS INC 0.2%

Value ($000) $211 Shares 320 Est. Cost $310.99 Unrealized +114.6%

EWC ISHARES INC 0.3%

Value ($000) $326 Shares 6,052 Est. Cost $50.55 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS COM 0.3%

Value ($000) $393 Shares 1,327 Est. Cost $115.64 Unrealized +158.4%

QQQ INVESCO QQQ TR 0.7%

Value ($000) $820 Shares 1,335 Est. Cost $468.92 Unrealized —

VGT VANGUARD WORLD FDS 5.5%

Value ($000) $6,606 Shares 8,764 Est. Cost $457.74 Unrealized —

BMRC BANK MARIN BANCORP 0.2%

Value ($000) $222 Shares 8,542 Est. Cost $23.62 Unrealized +7.5%

GWW GRAINGER W W INC 0.2%

Value ($000) $232 Shares 230 Est. Cost $1025.88 Unrealized -5.6%

ITA ISHARES TR 0.4%

Value ($000) $502 Shares 2,337 Est. Cost $188.64 Unrealized —

CMCSA COMCAST CORP NEW 0.2%

Value ($000) $244 Shares 8,164 Est. Cost $46.14 Unrealized -38.2%

SCHG SCHWAB STRATEGIC TR 0.4%

Value ($000) $433 Shares 13,270 Est. Cost $29.24 Unrealized —

SHEL SHELL PLC 0.3%

Value ($000) $412 Shares 5,611 Est. Cost $70.41 Unrealized —

SCHD SCHWAB STRATEGIC TR 1.2%

Value ($000) $1,417 Shares 51,670 Est. Cost $41.77 Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 0.1%

Value ($000) $177 Shares 23,126 Est. Cost $7.04 Unrealized +10.1%

IEFA ISHARES TR 0.3%

Value ($000) $410 Shares 4,585 Est. Cost $87.31 Unrealized —

MMM 3M CO 0.2%

Value ($000) $262 Shares 1,635 Est. Cost $75.54 Unrealized +116.0%

PFE PFIZER INC 0.2%

Value ($000) $286 Shares 11,475 Est. Cost $35.48 Unrealized -29.4%

IYF ISHARES TR 0.3%

Value ($000) $358 Shares 2,775 Est. Cost $86.73 Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 0.4%

Value ($000) $518 Shares 7,039 Est. Cost $82.68 Unrealized -11.0%

TSLA TESLA INC 0.4%

Value ($000) $463 Shares 1,030 Est. Cost $204.19 Unrealized +117.1%

XLF SELECT SECTOR SPDR TR 0.2%

Value ($000) $266 Shares 4,855 Est. Cost $45.63 Unrealized —

WM WASTE MGMT INC DEL 0.7%

Value ($000) $855 Shares 3,893 Est. Cost $152.21 Unrealized +39.6%

FLMI FRANKLIN TEMPLETON ETF TR 0.9%

Value ($000) $1,024 Shares 41,187 Est. Cost $24.53 Unrealized —

CL COLGATE PALMOLIVE CO 0.2%

Value ($000) $262 Shares 3,310 Est. Cost $70.92 Unrealized +10.4%

XLI SELECT SECTOR SPDR TR 0.4%

Value ($000) $467 Shares 3,010 Est. Cost $105.86 Unrealized —

VIS VANGUARD WORLD FDS 0.3%

Value ($000) $355 Shares 1,190 Est. Cost $280.07 Unrealized —

VB VANGUARD INDEX FDS 0.3%

Value ($000) $316 Shares 1,225 Est. Cost $219.22 Unrealized —

MA MASTERCARD INCORPORATED 0.4%

Value ($000) $500 Shares 875 Est. Cost $464.84 Unrealized +20.2%

SGOV ISHARES TR 0.2%

Value ($000) $201 Shares 2,000 Est. Cost $100.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RTX	RAYTHEON TECHNOLOGIES CORP	21,227	$3,893	3.3%	$79.43	+118.2%	COM	75513E101
FCX	FREEPORT-MCMORAN INC	25,799	$1,310	1.1%	$34.82	+24.4%	CL B	35671D857
MP	MP MATERIALS CORP	16,451	$831	0.7%	$28.91	+119.3%	COM CL A	553368101
HD	HOME DEPOT INC	4,054	$1,395	1.2%	$343.18	+6.2%	COM	437076102
JNJ	JOHNSON & JOHNSON	9,475	$1,961	1.6%	$145.09	+35.8%	COM	478160104
CAT	CATERPILLAR INC	1,895	$1,086	0.9%	$351.95	+57.8%	COM	149123101
LLY	LILLY ELI & CO	555	$596	0.5%	$329.89	+189.7%	COM	532457108
HCC	WARRIOR MET COAL INC	6,963	$614	0.5%	$42.32	+77.6%	com	93627C101
COST	COSTCO WHSL CORP NEW	2,019	$1,741	1.5%	$800.22	+13.2%	COM	22160K105
WLDN	WILLDAN GROUP INC	17,505	$1,815	1.5%	$29.59	+232.7%	COM	96924N100
MSI	MOTOROLA SOLUTIONS INC	1,481	$568	0.5%	$287.00	+39.6%	COM NEW	620076307
DLR	DIGITAL RLTY TR INC	4,961	$768	0.6%	$133.96	+21.8%	COM	253868103
WMT	WALMART INC	10,733	$1,196	1.0%	$54.95	+95.1%	COM	931142103
AWK	AMERICAN WTR WKS CO INC NEW	9,475	$1,236	1.0%	$160.41	-17.0%	COM	030420103
CLX	CLOROX CO DEL	3,185	$321	0.3%	$145.62	-25.6%	COM	189054109
ETN	EATON CORP PLC	1,255	$400	0.3%	$133.40	+165.7%	SHS	G29183103
CPB	CAMPBELL SOUP CO	15,580	$434	0.4%	$36.19	-16.9%	COM	134429109
DUK	DUKE ENERGY CORP NEW	7,950	$932	0.8%	$87.24	+39.4%	COM NEW	26441C204
GIS	GENERAL MLS INC	13,140	$611	0.5%	$55.25	-14.1%	COM	370334104
V	VISA INC	5,055	$1,773	1.5%	$241.78	+40.8%	COM CL A	92826C839
HPQ	HP INC	9,081	$202	0.2%	$28.65	-11.9%	COM	40434L105
AVGO	BROADCOM INC	3,045	$1,054	0.9%	$181.22	+97.0%	COM	11135F101
HVT	HAVERTY FURNITURE COS INC	30,522	$713	0.6%	$28.13	-20.0%	COM	419596101
CSX	CSX CORP	59,040	$2,140	1.8%	$33.16	+7.7%	COM	126408103
BAM	BROOKFIELD ASSET MANAGMT LTD	7,830	$410	0.3%	$52.76	+1.3%	CL A LMT VTG SHS	113004105
VZ	VERIZON COMMUNICATIONS INC	10,671	$435	0.4%	$40.39	+0.2%	COM	92343V104
AXP	AMERICAN EXPRESS CO	686	$254	0.2%	$316.55	+12.8%	Com	025816109
META	META PLATFORMS INC	320	$211	0.2%	$310.99	+114.6%	CL A	30303M102
EWC	ISHARES INC	6,052	$326	0.3%	$50.55	—	MSCI CDA ETF	464286509
IBM	INTERNATIONAL BUSINESS MACHS COM	1,327	$393	0.3%	$115.64	+158.4%	COM	459200101
QQQ	INVESCO QQQ TR	1,335	$820	0.7%	$468.92	—	UNIT SER 1	46090E103
VGT	VANGUARD WORLD FDS	8,764	$6,606	5.5%	$457.74	—	INF TECH ETF	92204A702
BMRC	BANK MARIN BANCORP	8,542	$222	0.2%	$23.62	+7.5%	COM	063425102
GWW	GRAINGER W W INC	230	$232	0.2%	$1025.88	-5.6%	COM	384802104
ITA	ISHARES TR	2,337	$502	0.4%	$188.64	—	US AER DEF ETF	464288760
CMCSA	COMCAST CORP NEW	8,164	$244	0.2%	$46.14	-38.2%	CL A	20030N101
SCHG	SCHWAB STRATEGIC TR	13,270	$433	0.4%	$29.24	—	US LCAP GR ETF	808524300
SHEL	SHELL PLC	5,611	$412	0.3%	$70.41	—	SPON ADS	780259305
SCHD	SCHWAB STRATEGIC TR	51,670	$1,417	1.2%	$41.77	—	US DIVIDEND EQ	808524797
GBTG	GLOBAL BUSINESS TRAVEL GROUP	23,126	$177	0.1%	$7.04	+10.1%	COM CL A	37890B100
IEFA	ISHARES TR	4,585	$410	0.3%	$87.31	—	CORE MSCI EAFE	46432F842
MMM	3M CO	1,635	$262	0.2%	$75.54	+116.0%	COM	88579Y101
PFE	PFIZER INC	11,475	$286	0.2%	$35.48	-29.4%	COM	717081103
IYF	ISHARES TR	2,775	$358	0.3%	$86.73	—	U.S. FINLS ETF	464287788
CP	CANADIAN PACIFIC KANSAS CITY	7,039	$518	0.4%	$82.68	-11.0%	COM	13646K108
TSLA	TESLA INC	1,030	$463	0.4%	$204.19	+117.1%	COM	88160R101
XLF	SELECT SECTOR SPDR TR	4,855	$266	0.2%	$45.63	—	FINANCIAL	81369Y605
WM	WASTE MGMT INC DEL	3,893	$855	0.7%	$152.21	+39.6%	COM	94106L109
FLMI	FRANKLIN TEMPLETON ETF TR	41,187	$1,024	0.9%	$24.53	—	FRANKLIN DYN MUN	35473P868
CL	COLGATE PALMOLIVE CO	3,310	$262	0.2%	$70.92	+10.4%	COM	194162103
XLI	SELECT SECTOR SPDR TR	3,010	$467	0.4%	$105.86	—	SBI INT-INDS	81369Y704
VIS	VANGUARD WORLD FDS	1,190	$355	0.3%	$280.07	—	INDUSTRIAL ETF	92204A603
VB	VANGUARD INDEX FDS	1,225	$316	0.3%	$219.22	—	SMALL CP ETF	922908751
MA	MASTERCARD INCORPORATED	875	$500	0.4%	$464.84	+20.2%	CL A	57636Q104
SGOV	ISHARES TR	2,000	$201	0.2%	$100.69	—	0-3 MNTH TREASRY	46436E718