Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	Honeywell Intl Inc	5,763	$1.29M	0.8%	$223.84	—	—	438516205
HONA	Honeywell Aerospace Inc.	5,763	$1.274M	0.8%	$221.07	—	—	43849R105
CMPS	Compass Pathways PLC	38,000	$538K	0.4%	$14.16	—	—	20451W101
IREN	IREN Ltd F	5,250	$240K	0.2%	$45.71	—	—	Q4982L109
GOOGL	Alphabet Inc - Cl A	600	$214K	0.1%	$356.67	—	—	02079K305
RY	Royal Bank Of Canada	1,000	$207K	0.1%	$207.00	—	—	780087102

Increased Positions (2)

LLY Eli Lilly & Co. 0.7%

Value $1.103M (+34.7%) Shares 920 (+3.4%) Est. Cost $484.16 Unrealized —

UBER Uber Technologies, Inc. 1.9%

Value $2.894M (+2.0%) Shares 40,110 (+1.6%) Est. Cost $38.28 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LLY	Eli Lilly & Co.	920 (+3.4%)	$1.103M (+34.7%)	0.7%	$484.16	—	—	532457108
UBER	Uber Technologies, Inc.	40,110 (+1.6%)	$2.894M (+2.0%)	1.9%	$38.28	—	—	90353T100

Exited Positions (4)

HON Honeywell Intl Inc 1.7%

Value $2.606M Shares 11,529 Est. Cost $62.12 Unrealized —

Q Qnity Electronics 0.3%

Value $505K Shares 4,381 Est. Cost $84.91 Unrealized —

FSLR First Solar Inc. 0.2%

Value $296K Shares 1,500 Est. Cost $153.54 Unrealized —

SOLS Solstice Advanced Materials In 0.1%

Value $208K Shares 2,736 Est. Cost $65.21 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	Honeywell Intl Inc	11,529	$2.606M	1.7%	$62.12	—	—	438516106
Q	Qnity Electronics	4,381	$505K	0.3%	$84.91	—	—	74743L100
FSLR	First Solar Inc.	1,500	$296K	0.2%	$153.54	—	—	336433107
SOLS	Solstice Advanced Materials In	2,736	$208K	0.1%	$65.21	—	—	83443Q103

Decreased Positions (34)

INTC Intel Corporation 4.2%

Value $6.44M (+191.8%) Shares 46,121 (-7.8%) Est. Cost $21.33 Unrealized —

GOOG Alphabet Inc. Cl C 8.6%

Value $13.24M (+15.7%) Shares 37,481 (-6.1%) Est. Cost $108.94 Unrealized —

AFRM Affirm Holdings, Inc. 2.3%

Value $3.472M (+74.3%) Shares 42,575 (-2.1%) Est. Cost $49.26 Unrealized —

AAPL Apple Inc. 10.6%

Value $16.22M (+9.6%) Shares 56,059 (-3.9%) Est. Cost $83.63 Unrealized —

MU Micron Technology Inc 1.4%

Value $2.078M (+199.9%) Shares 1,800 (-12.2%) Est. Cost $93.22 Unrealized —

CSCO Cisco Systems Inc. 2.9%

Value $4.429M (+39.1%) Shares 37,704 (-8.2%) Est. Cost $17.77 Unrealized —

NFLX Netflix Inc. 1.9%

Value $2.877M (-30.1%) Shares 40,300 (-5.8%) Est. Cost $87.76 Unrealized —

COST Costco Wholesale Corp 5.6%

Value $8.585M (-11.3%) Shares 9,177 (-5.6%) Est. Cost $112.36 Unrealized —

TSCO Tractor Supply Co. 1.3%

Value $2.009M (-33.9%) Shares 63,570 (-5.2%) Est. Cost $46.40 Unrealized —

DAL Delta Air Lines, Inc. 2.2%

Value $3.437M (+30.2%) Shares 36,700 (-7.6%) Est. Cost $45.09 Unrealized —

AMZN Amazon.Com Inc. 6.3%

Value $9.667M (+8.7%) Shares 40,561 (-5.0%) Est. Cost $121.94 Unrealized —

META Meta Platforms, Inc 4.6%

Value $6.995M (-6.8%) Shares 12,419 (-5.3%) Est. Cost $125.22 Unrealized —

SPOT Spotify Technology S.A. 1.9%

Value $2.98M (-13.9%) Shares 6,490 (-9.1%) Est. Cost $140.17 Unrealized —

AXP American Express Co. 4.0%

Value $6.094M (+6.4%) Shares 18,017 (-4.8%) Est. Cost $77.47 Unrealized —

T AT&T Inc. 0.4%

Value $572K (-37.7%) Shares 27,655 (-12.6%) Est. Cost $13.45 Unrealized —

MSFT Microsoft Corporation 5.3%

Value $8.117M (-3.7%) Shares 21,760 (-4.4%) Est. Cost $134.64 Unrealized —

JPM J.P. Morgan Chase & Co Chase & 4.9%

Value $7.556M (+4.2%) Shares 23,084 (-6.3%) Est. Cost $47.71 Unrealized —

PPL PPL Corporation 1.4%

Value $2.186M (-12.2%) Shares 60,150 (-7.7%) Est. Cost $21.77 Unrealized —

BAC Bank Of America Corp 2.8%

Value $4.354M (+7.5%) Shares 76,419 (-8.1%) Est. Cost $13.10 Unrealized —

TREX Trex Company, Inc. 0.9%

Value $1.319M (+26.8%) Shares 26,350 (-7.7%) Est. Cost $69.35 Unrealized —

GEHC Ge Healthcare Technologies 0.7%

Value $1.035M (-20.0%) Shares 16,177 (-10.9%) Est. Cost $77.73 Unrealized —

VZ Verizon Communications, Inc. 0.5%

Value $784K (-24.1%) Shares 18,525 (-10.0%) Est. Cost $28.65 Unrealized —

PFE Pfizer Inc. 0.6%

Value $932K (-20.8%) Shares 38,719 (-7.6%) Est. Cost $20.37 Unrealized —

BMY Bristol-Myers Squibb Co. 1.1%

Value $1.696M (-12.4%) Shares 29,429 (-7.8%) Est. Cost $38.04 Unrealized —

SBUX Starbucks Corporation 1.4%

Value $2.121M (+12.7%) Shares 20,752 (-1.2%) Est. Cost $47.96 Unrealized —

SCHW Schwab (Charles) Corp 1.7%

Value $2.584M (-7.7%) Shares 28,000 (-6.0%) Est. Cost $50.97 Unrealized —

CSX CSX Corporation 1.2%

Value $1.842M (+11.4%) Shares 38,750 (-3.8%) Est. Cost $33.21 Unrealized —

XOM Exxon Mobil Corporation 0.4%

Value $598K (-21.2%) Shares 4,372 (-2.2%) Est. Cost $54.24 Unrealized —

AMD Advanced Micro Device In 0.3%

Value $514K (+30.5%) Shares 885 (-54.3%) Est. Cost $108.87 Unrealized —

IBM IBM Corp 0.9%

Value $1.447M (+5.8%) Shares 5,145 (-8.9%) Est. Cost $116.13 Unrealized —

NVDA Nvidia Corp 1.2%

Value $1.881M (+4.1%) Shares 9,399 (-9.3%) Est. Cost $176.94 Unrealized —

— Dupont De Nemours & Co. 0.2%

Value $338K (-15.7%) Shares 2,492 (-71.6%) Est. Cost $74.73 Unrealized —

ENPH Enphase Energy, Inc. 0.3%

Value $408K (+3.0%) Shares 8,280 (-21.0%) Est. Cost $126.44 Unrealized —

ABNB Airbnb, Inc. 0.7%

Value $1.13M (+0.6%) Shares 7,895 (-11.2%) Est. Cost $130.12 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INTC	Intel Corporation	46,121 (-7.8%)	$6.44M (+191.8%)	4.2%	$21.33	—	—	458140100
GOOG	Alphabet Inc. Cl C	37,481 (-6.1%)	$13.24M (+15.7%)	8.6%	$108.94	—	—	02079K107
AFRM	Affirm Holdings, Inc.	42,575 (-2.1%)	$3.472M (+74.3%)	2.3%	$49.26	—	—	00827B106
AAPL	Apple Inc.	56,059 (-3.9%)	$16.22M (+9.6%)	10.6%	$83.63	—	—	037833100
MU	Micron Technology Inc	1,800 (-12.2%)	$2.078M (+199.9%)	1.4%	$93.22	—	—	595112103
CSCO	Cisco Systems Inc.	37,704 (-8.2%)	$4.429M (+39.1%)	2.9%	$17.77	—	—	17275R102
NFLX	Netflix Inc.	40,300 (-5.8%)	$2.877M (-30.1%)	1.9%	$87.76	—	—	64110L106
COST	Costco Wholesale Corp	9,177 (-5.6%)	$8.585M (-11.3%)	5.6%	$112.36	—	—	22160K105
TSCO	Tractor Supply Co.	63,570 (-5.2%)	$2.009M (-33.9%)	1.3%	$46.40	—	—	892356106
DAL	Delta Air Lines, Inc.	36,700 (-7.6%)	$3.437M (+30.2%)	2.2%	$45.09	—	—	247361702
AMZN	Amazon.Com Inc.	40,561 (-5.0%)	$9.667M (+8.7%)	6.3%	$121.94	—	—	023135106
META	Meta Platforms, Inc	12,419 (-5.3%)	$6.995M (-6.8%)	4.6%	$125.22	—	—	30303M102
SPOT	Spotify Technology S.A.	6,490 (-9.1%)	$2.98M (-13.9%)	1.9%	$140.17	—	—	L8681T102
AXP	American Express Co.	18,017 (-4.8%)	$6.094M (+6.4%)	4.0%	$77.47	—	—	025816109
T	AT&T Inc.	27,655 (-12.6%)	$572K (-37.7%)	0.4%	$13.45	—	—	00206R102
MSFT	Microsoft Corporation	21,760 (-4.4%)	$8.117M (-3.7%)	5.3%	$134.64	—	—	594918104
JPM	J.P. Morgan Chase & Co Chase &	23,084 (-6.3%)	$7.556M (+4.2%)	4.9%	$47.71	—	—	46625H100
PPL	PPL Corporation	60,150 (-7.7%)	$2.186M (-12.2%)	1.4%	$21.77	—	—	69351T106
BAC	Bank Of America Corp	76,419 (-8.1%)	$4.354M (+7.5%)	2.8%	$13.10	—	—	060505104
TREX	Trex Company, Inc.	26,350 (-7.7%)	$1.319M (+26.8%)	0.9%	$69.35	—	—	89531P105
GEHC	Ge Healthcare Technologies	16,177 (-10.9%)	$1.035M (-20.0%)	0.7%	$77.73	—	—	36266G107
VZ	Verizon Communications, Inc.	18,525 (-10.0%)	$784K (-24.1%)	0.5%	$28.65	—	—	92343V104
PFE	Pfizer Inc.	38,719 (-7.6%)	$932K (-20.8%)	0.6%	$20.37	—	—	717081103
BMY	Bristol-Myers Squibb Co.	29,429 (-7.8%)	$1.696M (-12.4%)	1.1%	$38.04	—	—	110122108
SBUX	Starbucks Corporation	20,752 (-1.2%)	$2.121M (+12.7%)	1.4%	$47.96	—	—	855244109
SCHW	Schwab (Charles) Corp	28,000 (-6.0%)	$2.584M (-7.7%)	1.7%	$50.97	—	—	808513105
CSX	CSX Corporation	38,750 (-3.8%)	$1.842M (+11.4%)	1.2%	$33.21	—	—	126408103
XOM	Exxon Mobil Corporation	4,372 (-2.2%)	$598K (-21.2%)	0.4%	$54.24	—	—	30231G102
AMD	Advanced Micro Device In	885 (-54.3%)	$514K (+30.5%)	0.3%	$108.87	—	—	007903107
IBM	IBM Corp	5,145 (-8.9%)	$1.447M (+5.8%)	0.9%	$116.13	—	—	459200101
NVDA	Nvidia Corp	9,399 (-9.3%)	$1.881M (+4.1%)	1.2%	$176.94	—	—	67066G104
—	Dupont De Nemours & Co.	2,492 (-71.6%)	$338K (-15.7%)	0.2%	$74.73	—	—	263534109
ENPH	Enphase Energy, Inc.	8,280 (-21.0%)	$408K (+3.0%)	0.3%	$126.44	—	—	29355A107
ABNB	Airbnb, Inc.	7,895 (-11.2%)	$1.13M (+0.6%)	0.7%	$130.12	—	—	009066101

Unchanged Positions (20)

TXN Texas Instruments, Inc. 2.0%

Value $3.064M Shares 10,280 Est. Cost $33.00 Unrealized —

— GE Aerospace 2.8%

Value $4.259M Shares 11,395 Est. Cost $36.20 Unrealized —

CAT Caterpillar Inc 0.6%

Value $852K Shares 800 Est. Cost $352.24 Unrealized —

TSLA Tesla Motors Inc. 1.5%

Value $2.374M Shares 5,645 Est. Cost $225.44 Unrealized —

C Citigroup, Inc. 0.6%

Value $934K Shares 6,670 Est. Cost $38.50 Unrealized —

PNC PNC Financial Services 0.2%

Value $337K Shares 1,370 Est. Cost $119.93 Unrealized —

IVV iShares Core S&p 500 Etf 0.3%

Value $407K Shares 543 Est. Cost $572.30 Unrealized —

COF Capital One Financial Corp. 0.2%

Value $361K Shares 1,800 Est. Cost $61.00 Unrealized —

PM Philip Morris Intl 0.2%

Value $235K Shares 1,300 Est. Cost $136.99 Unrealized —

HD Home Depot Inc. 0.2%

Value $293K Shares 830 Est. Cost $364.59 Unrealized —

JNJ Johnson & Johnson 0.4%

Value $551K Shares 2,171 Est. Cost $92.82 Unrealized —

IP International Paper Co. 0.2%

Value $261K Shares 6,850 Est. Cost $25.98 Unrealized —

HIG Hartford Financial Services 0.4%

Value $601K Shares 4,534 Est. Cost $23.34 Unrealized —

NVR NVR,inc. 0.2%

Value $341K Shares 50 Est. Cost $4396.05 Unrealized —

WH Wyndham Hotels & Resorts, Inc. 0.2%

Value $290K Shares 3,443 Est. Cost $61.80 Unrealized —

WMB Williams Companies 0.2%

Value $266K Shares 3,583 Est. Cost $55.43 Unrealized —

TKOI Telkonet, Inc. 0.0%

Value $16,000 Shares 1,050,500 Est. Cost $0.22 Unrealized —

PG Procter & Gamble Co. 0.1%

Value $215K Shares 1,465 Est. Cost $124.29 Unrealized —

ANNX Annexon Inc 0.0%

Value $60,000 Shares 10,500 Est. Cost $3.82 Unrealized —

— Yogaworks, Inc. ⚠ 0.0%

Value $0 Shares 93,500 Est. Cost $0.71 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TXN	Texas Instruments, Inc.	10,280	$3.064M	2.0%	$33.00	—	—	882508104
—	GE Aerospace	11,395	$4.259M	2.8%	$36.20	—	—	369604103
CAT	Caterpillar Inc	800	$852K	0.6%	$352.24	—	—	149123101
TSLA	Tesla Motors Inc.	5,645	$2.374M	1.5%	$225.44	—	—	88160R101
C	Citigroup, Inc.	6,670	$934K	0.6%	$38.50	—	—	172967424
PNC	PNC Financial Services	1,370	$337K	0.2%	$119.93	—	—	693475105
IVV	iShares Core S&p 500 Etf	543	$407K	0.3%	$572.30	—	—	464287200
COF	Capital One Financial Corp.	1,800	$361K	0.2%	$61.00	—	—	14040H105
PM	Philip Morris Intl	1,300	$235K	0.2%	$136.99	—	—	718172109
HD	Home Depot Inc.	830	$293K	0.2%	$364.59	—	—	437076102
JNJ	Johnson & Johnson	2,171	$551K	0.4%	$92.82	—	—	478160104
IP	International Paper Co.	6,850	$261K	0.2%	$25.98	—	—	460146103
HIG	Hartford Financial Services	4,534	$601K	0.4%	$23.34	—	—	416515104
NVR	NVR,inc.	50	$341K	0.2%	$4396.05	—	—	62944T105
WH	Wyndham Hotels & Resorts, Inc.	3,443	$290K	0.2%	$61.80	—	—	98311A105
WMB	Williams Companies	3,583	$266K	0.2%	$55.43	—	—	969457100
TKOI	Telkonet, Inc.	1,050,500	$16,000	0.0%	$0.22	—	—	879604106
PG	Procter & Gamble Co.	1,465	$215K	0.1%	$124.29	—	—	742718109
ANNX	Annexon Inc	10,500	$60,000	0.0%	$3.82	—	—	03589W102
—	Yogaworks, Inc. ⚠	93,500	$0	0.0%	$0.71	—	—	986005106