Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HONA	Honeywell Aerospace	6,832	$1.51M	0.2%	$221.02	$221.02	—	COMM	43849R105
MRVL	Marvell Technology	1,625	$484K	0.1%	$297.85	$297.85	—	COMM	573874104
INTC	Intel	3,450	$482K	0.1%	$139.71	$139.71	—	COMM	458140100
SBGSY	Schneider Electric SE	5,385	$351K	0.0%	$65.18	$65.18	—	COMM	80687P106
TECH	Bio-Techne	3,300	$233K	0.0%	$70.61	$70.61	—	COMM	09073M104
AMAT	Applied Materials	319	$231K	0.0%	$724.14	$724.14	—	COMM	038222105
EBAY	eBay, Inc.	2,000	$224K	0.0%	$112.00	$112.00	—	COMM	278642103

Increased Positions (12)

LLY Eli Lilly 5.6%

Value $53.28M (+32.2%) Shares 44,419 (+1.4%) Share Price $1199.44 Est. Cost/Share $125.73 Unrealized @ Report Date —

APH Amphenol 'A' 1.1%

Value $10.84M (+51.2%) Shares 61,475 (+8.3%) Share Price $176.32 Est. Cost/Share $86.59 Unrealized @ Report Date —

AMZN Amazon.com 1.1%

Value $10.63M (+21.6%) Shares 44,584 (+6.2%) Share Price $238.34 Est. Cost/Share $135.38 Unrealized @ Report Date —

ECL Ecolab 2.2%

Value $20.95M (+9.0%) Shares 75,205 (+4.1%) Share Price $278.61 Est. Cost/Share $96.86 Unrealized @ Report Date —

NVDA NVIDIA 0.4%

Value $4.136M (+57.4%) Shares 20,670 (+37.2%) Share Price $200.10 Est. Cost/Share $130.84 Unrealized @ Report Date —

GWW Grainger, W.W. 0.6%

Value $5.284M (+29.0%) Shares 3,884 (+3.4%) Share Price $1360.45 Est. Cost/Share $248.99 Unrealized @ Report Date —

HEI HEICO 0.4%

Value $3.953M (+41.5%) Shares 11,099 (+8.9%) Share Price $356.16 Est. Cost/Share $271.28 Unrealized @ Report Date —

CL Colgate-Palmolive 0.7%

Value $6.691M (+9.7%) Shares 72,984 (+2.0%) Share Price $91.68 Est. Cost/Share $45.36 Unrealized @ Report Date —

SNPS Synopsys 0.4%

Value $3.375M (+15.0%) Shares 7,565 (+2.2%) Share Price $446.13 Est. Cost/Share $479.48 Unrealized @ Report Date —

GOOG Alphabet Class C 0.1%

Value $1.377M (+26.9%) Shares 3,898 (+3.1%) Share Price $353.26 Est. Cost/Share $151.81 Unrealized @ Report Date —

IDXX IDEXX Labs 0.6%

Value $5.982M (-3.8%) Shares 11,363 (+2.7%) Share Price $526.45 Est. Cost/Share $88.61 Unrealized @ Report Date —

BCPC Balchem 0.2%

Value $2.043M (+10.7%) Shares 12,090 (+11.0%) Share Price $168.98 Est. Cost/Share $60.31 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LLY	Eli Lilly	44,419 (+1.4%)	$53.28M (+32.2%)	5.6%	$1199.44	$125.73	—	COMM	532457108
APH	Amphenol 'A'	61,475 (+8.3%)	$10.84M (+51.2%)	1.1%	$176.32	$86.59	—	COMM	032095101
AMZN	Amazon.com	44,584 (+6.2%)	$10.63M (+21.6%)	1.1%	$238.34	$135.38	—	COMM	023135106
ECL	Ecolab	75,205 (+4.1%)	$20.95M (+9.0%)	2.2%	$278.61	$96.86	—	COMM	278865100
NVDA	NVIDIA	20,670 (+37.2%)	$4.136M (+57.4%)	0.4%	$200.10	$130.84	—	COMM	67066G104
GWW	Grainger, W.W.	3,884 (+3.4%)	$5.284M (+29.0%)	0.6%	$1360.45	$248.99	—	COMM	384802104
HEI	HEICO	11,099 (+8.9%)	$3.953M (+41.5%)	0.4%	$356.16	$271.28	—	COMM	422806109
CL	Colgate-Palmolive	72,984 (+2.0%)	$6.691M (+9.7%)	0.7%	$91.68	$45.36	—	COMM	194162103
SNPS	Synopsys	7,565 (+2.2%)	$3.375M (+15.0%)	0.4%	$446.13	$479.48	—	COMM	871607107
GOOG	Alphabet Class C	3,898 (+3.1%)	$1.377M (+26.9%)	0.1%	$353.26	$151.81	—	COMM	02079K107
IDXX	IDEXX Labs	11,363 (+2.7%)	$5.982M (-3.8%)	0.6%	$526.45	$88.61	—	COMM	45168D104
BCPC	Balchem	12,090 (+11.0%)	$2.043M (+10.7%)	0.2%	$168.98	$60.31	—	COMM	057665200

Exited Positions (3)

ZTS Zoetis 0.1%

Value $536K Shares 4,537 Share Price $118.14 Est. Cost/Share $103.60 Unrealized @ Report Date —

TSCO Tractor Supply Company 0.0%

Value $370K Shares 8,160 Share Price $45.34 Est. Cost/Share $51.31 Unrealized @ Report Date —

CB Chubb Ltd 0.0%

Value $207K Shares 634 Share Price $326.50 Est. Cost/Share $316.22 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ZTS	Zoetis	4,537	$536K	0.1%	$118.14	$103.60	—	—	98978V103
TSCO	Tractor Supply Company	8,160	$370K	0.0%	$45.34	$51.31	—	—	892356106
CB	Chubb Ltd	634	$207K	0.0%	$326.50	$316.22	—	—	H1467J104

Decreased Positions (49)

GOOGL Alphabet Class A 4.2%

Value $39.38M (+22.2%) Shares 110,181 (-1.6%) Share Price $357.37 Est. Cost/Share $109.58 Unrealized @ Report Date —

INTU Intuit 1.1%

Value $10.15M (-40.9%) Shares 38,906 (-2.1%) Share Price $260.99 Est. Cost/Share $122.30 Unrealized @ Report Date —

BR Broadridge Financial Solutions 1.0%

Value $9.592M (-32.0%) Shares 70,042 (-19.4%) Share Price $136.95 Est. Cost/Share $73.46 Unrealized @ Report Date —

ABT Abbott Labs 1.9%

Value $18.39M (-14.9%) Shares 202,659 (-3.7%) Share Price $90.74 Est. Cost/Share $41.94 Unrealized @ Report Date —

NKE NIKE 'B' 0.3%

Value $3.239M (-40.1%) Shares 78,900 (-22.9%) Share Price $41.05 Est. Cost/Share $44.28 Unrealized @ Report Date —

HON Honeywell Int'l 0.2%

Value $1.53M (-50.8%) Shares 6,832 (-50.4%) Share Price $223.95 Est. Cost/Share $115.21 Unrealized @ Report Date —

QCOM QUALCOMM 0.6%

Value $5.955M (+35.9%) Shares 32,227 (-5.3%) Share Price $184.78 Est. Cost/Share $73.93 Unrealized @ Report Date —

MKC McCormick 0.5%

Value $5.153M (-22.3%) Shares 102,193 (-22.3%) Share Price $50.42 Est. Cost/Share $57.99 Unrealized @ Report Date —

ACN Accenture 'A' 0.2%

Value $1.624M (-46.3%) Shares 13,050 (-14.4%) Share Price $124.44 Est. Cost/Share $121.09 Unrealized @ Report Date —

WSO Watsco 1.3%

Value $12.56M (+12.5%) Shares 30,149 (-1.8%) Share Price $416.73 Est. Cost/Share $192.53 Unrealized @ Report Date —

CHD Church & Dwight 1.2%

Value $11.54M (-8.4%) Shares 119,166 (-11.7%) Share Price $96.88 Est. Cost/Share $36.91 Unrealized @ Report Date —

FISV Fiserv 0.2%

Value $1.914M (-30.3%) Shares 39,022 (-20.7%) Share Price $49.05 Est. Cost/Share $50.77 Unrealized @ Report Date —

AMT American Tower REIT 0.2%

Value $1.472M (-35.1%) Shares 9,002 (-31.5%) Share Price $163.52 Est. Cost/Share $102.12 Unrealized @ Report Date —

LMT Lockheed Martin 0.4%

Value $3.547M (-17.9%) Shares 6,962 (-2.6%) Share Price $509.48 Est. Cost/Share $434.40 Unrealized @ Report Date —

SYY Sysco 0.5%

Value $4.96M (+16.0%) Shares 59,349 (-1.0%) Share Price $83.57 Est. Cost/Share $29.48 Unrealized @ Report Date —

V Visa 0.7%

Value $6.237M (+11.7%) Shares 18,178 (-1.6%) Share Price $343.11 Est. Cost/Share $121.56 Unrealized @ Report Date —

VEEV Veeva Systems 'A' 0.5%

Value $4.29M (-9.8%) Shares 24,174 (-10.7%) Share Price $177.46 Est. Cost/Share $237.92 Unrealized @ Report Date —

PANW Palo Alto Networks 0.1%

Value $900K (+64.5%) Shares 2,640 (-22.7%) Share Price $340.91 Est. Cost/Share $156.81 Unrealized @ Report Date —

SHW Sherwin-Williams 0.8%

Value $7.511M (+4.1%) Shares 21,814 (-3.1%) Share Price $344.32 Est. Cost/Share $238.51 Unrealized @ Report Date —

HD Home Depot 0.9%

Value $8.38M (+3.6%) Shares 23,760 (-3.4%) Share Price $352.69 Est. Cost/Share $129.13 Unrealized @ Report Date —

DKS Dick's Sporting Goods 0.2%

Value $2.246M (+11.7%) Shares 9,901 (-2.4%) Share Price $226.85 Est. Cost/Share $207.37 Unrealized @ Report Date —

JKHY Jack Henry & Associates 0.1%

Value $966K (-14.7%) Shares 7,010 (-2.2%) Share Price $137.80 Est. Cost/Share $64.15 Unrealized @ Report Date —

TMO Thermo Fisher Scientific 0.1%

Value $1.046M (-13.4%) Shares 2,087 (-15.1%) Share Price $501.20 Est. Cost/Share $470.78 Unrealized @ Report Date —

AJG Arthur J. Gallagher 0.5%

Value $4.743M (+3.5%) Shares 20,660 (-2.4%) Share Price $229.57 Est. Cost/Share $281.31 Unrealized @ Report Date —

BDX Becton, Dickinson 0.2%

Value $1.902M (-7.7%) Shares 12,569 (-4.1%) Share Price $151.32 Est. Cost/Share $170.84 Unrealized @ Report Date —

BAC Bank of America 0.1%

Value $1.149M (+15.6%) Shares 20,173 (-1.0%) Share Price $56.96 Est. Cost/Share $23.90 Unrealized @ Report Date —

PM Philip Morris Int'l 0.2%

Value $2.07M (+7.5%) Shares 11,442 (-1.7%) Share Price $180.91 Est. Cost/Share $71.47 Unrealized @ Report Date —

TRMB Trimble 0.0%

Value $435K (-23.4%) Shares 8,500 (-2.3%) Share Price $51.18 Est. Cost/Share $30.56 Unrealized @ Report Date —

GE GE Aerospace 0.1%

Value $774K (+19.8%) Shares 2,070 (-9.1%) Share Price $373.91 Est. Cost/Share $89.53 Unrealized @ Report Date —

EQIX Equinix REIT 0.4%

Value $4.243M (+3.0%) Shares 4,070 (-3.1%) Share Price $1042.51 Est. Cost/Share $810.43 Unrealized @ Report Date —

DHR Danaher 0.9%

Value $8.638M (-1.3%) Shares 45,350 (-1.8%) Share Price $190.47 Est. Cost/Share $49.81 Unrealized @ Report Date —

WAT Waters 0.1%

Value $637K (+20.9%) Shares 1,698 (-4.1%) Share Price $375.15 Est. Cost/Share $367.10 Unrealized @ Report Date —

SBUX Starbucks 0.1%

Value $1.09M (+9.7%) Shares 10,670 (-3.8%) Share Price $102.16 Est. Cost/Share $52.17 Unrealized @ Report Date —

JPM JPMorgan Chase 0.1%

Value $1.269M (+7.8%) Shares 3,875 (-3.1%) Share Price $327.48 Est. Cost/Share $67.99 Unrealized @ Report Date —

GEV GE Vernova 0.1%

Value $658K (+14.2%) Shares 560 (-15.2%) Share Price $1175.00 Est. Cost/Share $415.97 Unrealized @ Report Date —

BF/B Brown-Forman 'B' 0.1%

Value $724K (-8.6%) Shares 27,150 (-9.4%) Share Price $26.67 Est. Cost/Share $39.75 Unrealized @ Report Date —

BMY Bristol-Myers Squibb 0.1%

Value $725K (-8.2%) Shares 12,578 (-3.5%) Share Price $57.64 Est. Cost/Share $46.40 Unrealized @ Report Date —

RBC RBC Bearings 0.1%

Value $638K (-9.0%) Shares 990 (-23.3%) Share Price $644.44 Est. Cost/Share $232.37 Unrealized @ Report Date —

ETN Eaton 0.0%

Value $385K (+16.7%) Shares 903 (-2.0%) Share Price $426.36 Est. Cost/Share $211.92 Unrealized @ Report Date —

AME Ametek 0.0%

Value $393K (-11.7%) Shares 1,625 (-21.7%) Share Price $241.85 Est. Cost/Share $154.26 Unrealized @ Report Date —

CTAS Cintas 0.0%

Value $318K (-13.4%) Shares 1,867 (-13.8%) Share Price $170.33 Est. Cost/Share $174.62 Unrealized @ Report Date —

— CIGNA 0.1%

Value $579K (-6.3%) Shares 2,102 (-9.3%) Share Price $275.45 Est. Cost/Share $356.68 Unrealized @ Report Date —

SOLS Solstice Advanced Materials, Inc. 0.0%

Value $293K (+14.5%) Shares 3,304 (-1.7%) Share Price $88.68 Est. Cost/Share $65.21 Unrealized @ Report Date —

VLTO Veralto 0.1%

Value $963K (-3.2%) Shares 10,858 (-3.5%) Share Price $88.69 Est. Cost/Share $73.75 Unrealized @ Report Date —

MDLZ Mondelez Int'l 0.0%

Value $401K (-6.3%) Shares 6,932 (-6.7%) Share Price $57.85 Est. Cost/Share $38.26 Unrealized @ Report Date —

BRK/B Berkshire Hathaway 'B' 0.7%

Value $6.993M (+0.4%) Shares 13,975 (-3.9%) Share Price $500.39 Est. Cost/Share $189.20 Unrealized @ Report Date —

CSL Carlisle Companies 0.0%

Value $312K (+5.4%) Shares 861 (-2.8%) Share Price $362.37 Est. Cost/Share $377.36 Unrealized @ Report Date —

RSG Republic Services 0.0%

Value $266K (-4.7%) Shares 1,250 (-2.0%) Share Price $212.80 Est. Cost/Share $151.78 Unrealized @ Report Date —

— Linde plc 0.1%

Value $532K (-0.2%) Shares 1,026 (-4.6%) Share Price $518.52 Est. Cost/Share $366.27 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	Alphabet Class A	110,181 (-1.6%)	$39.38M (+22.2%)	4.2%	$357.37	$109.58	—	COMM	02079K305
INTU	Intuit	38,906 (-2.1%)	$10.15M (-40.9%)	1.1%	$260.99	$122.30	—	COMM	461202103
BR	Broadridge Financial Solutions	70,042 (-19.4%)	$9.592M (-32.0%)	1.0%	$136.95	$73.46	—	COMM	11133T103
ABT	Abbott Labs	202,659 (-3.7%)	$18.39M (-14.9%)	1.9%	$90.74	$41.94	—	COMM	002824100
NKE	NIKE 'B'	78,900 (-22.9%)	$3.239M (-40.1%)	0.3%	$41.05	$44.28	—	COMM	654106103
HON	Honeywell Int'l	6,832 (-50.4%)	$1.53M (-50.8%)	0.2%	$223.95	$115.21	—	COMM	438516106
QCOM	QUALCOMM	32,227 (-5.3%)	$5.955M (+35.9%)	0.6%	$184.78	$73.93	—	COMM	747525103
MKC	McCormick	102,193 (-22.3%)	$5.153M (-22.3%)	0.5%	$50.42	$57.99	—	COMM	579780206
ACN	Accenture 'A'	13,050 (-14.4%)	$1.624M (-46.3%)	0.2%	$124.44	$121.09	—	COMM	G1151C101
WSO	Watsco	30,149 (-1.8%)	$12.56M (+12.5%)	1.3%	$416.73	$192.53	—	COMM	942622200
CHD	Church & Dwight	119,166 (-11.7%)	$11.54M (-8.4%)	1.2%	$96.88	$36.91	—	COMM	171340102
FISV	Fiserv	39,022 (-20.7%)	$1.914M (-30.3%)	0.2%	$49.05	$50.77	—	COMM	337738108
AMT	American Tower REIT	9,002 (-31.5%)	$1.472M (-35.1%)	0.2%	$163.52	$102.12	—	COMM	03027X100
LMT	Lockheed Martin	6,962 (-2.6%)	$3.547M (-17.9%)	0.4%	$509.48	$434.40	—	COMM	539830109
SYY	Sysco	59,349 (-1.0%)	$4.96M (+16.0%)	0.5%	$83.57	$29.48	—	COMM	871829107
V	Visa	18,178 (-1.6%)	$6.237M (+11.7%)	0.7%	$343.11	$121.56	—	COMM	92826C839
VEEV	Veeva Systems 'A'	24,174 (-10.7%)	$4.29M (-9.8%)	0.5%	$177.46	$237.92	—	COMM	922475108
PANW	Palo Alto Networks	2,640 (-22.7%)	$900K (+64.5%)	0.1%	$340.91	$156.81	—	COMM	697435105
SHW	Sherwin-Williams	21,814 (-3.1%)	$7.511M (+4.1%)	0.8%	$344.32	$238.51	—	COMM	824348106
HD	Home Depot	23,760 (-3.4%)	$8.38M (+3.6%)	0.9%	$352.69	$129.13	—	COMM	437076102
DKS	Dick's Sporting Goods	9,901 (-2.4%)	$2.246M (+11.7%)	0.2%	$226.85	$207.37	—	COMM	253393102
JKHY	Jack Henry & Associates	7,010 (-2.2%)	$966K (-14.7%)	0.1%	$137.80	$64.15	—	COMM	426281101
TMO	Thermo Fisher Scientific	2,087 (-15.1%)	$1.046M (-13.4%)	0.1%	$501.20	$470.78	—	COMM	883556102
AJG	Arthur J. Gallagher	20,660 (-2.4%)	$4.743M (+3.5%)	0.5%	$229.57	$281.31	—	COMM	363576109
BDX	Becton, Dickinson	12,569 (-4.1%)	$1.902M (-7.7%)	0.2%	$151.32	$170.84	—	COMM	075887109
BAC	Bank of America	20,173 (-1.0%)	$1.149M (+15.6%)	0.1%	$56.96	$23.90	—	COMM	060505104
PM	Philip Morris Int'l	11,442 (-1.7%)	$2.07M (+7.5%)	0.2%	$180.91	$71.47	—	COMM	718172109
TRMB	Trimble	8,500 (-2.3%)	$435K (-23.4%)	0.0%	$51.18	$30.56	—	COMM	896239100
GE	GE Aerospace	2,070 (-9.1%)	$774K (+19.8%)	0.1%	$373.91	$89.53	—	COMM	369604301
EQIX	Equinix REIT	4,070 (-3.1%)	$4.243M (+3.0%)	0.4%	$1042.51	$810.43	—	COMM	29444U700
DHR	Danaher	45,350 (-1.8%)	$8.638M (-1.3%)	0.9%	$190.47	$49.81	—	COMM	235851102
WAT	Waters	1,698 (-4.1%)	$637K (+20.9%)	0.1%	$375.15	$367.10	—	COMM	941848103
SBUX	Starbucks	10,670 (-3.8%)	$1.09M (+9.7%)	0.1%	$102.16	$52.17	—	COMM	855244109
JPM	JPMorgan Chase	3,875 (-3.1%)	$1.269M (+7.8%)	0.1%	$327.48	$67.99	—	COMM	46625H100
GEV	GE Vernova	560 (-15.2%)	$658K (+14.2%)	0.1%	$1175.00	$415.97	—	COMM	36828A101
BF/B	Brown-Forman 'B'	27,150 (-9.4%)	$724K (-8.6%)	0.1%	$26.67	$39.75	—	COMM	115637209
BMY	Bristol-Myers Squibb	12,578 (-3.5%)	$725K (-8.2%)	0.1%	$57.64	$46.40	—	COMM	110122108
RBC	RBC Bearings	990 (-23.3%)	$638K (-9.0%)	0.1%	$644.44	$232.37	—	COMM	75524B104
ETN	Eaton	903 (-2.0%)	$385K (+16.7%)	0.0%	$426.36	$211.92	—	COMM	G29183103
AME	Ametek	1,625 (-21.7%)	$393K (-11.7%)	0.0%	$241.85	$154.26	—	COMM	031100100
CTAS	Cintas	1,867 (-13.8%)	$318K (-13.4%)	0.0%	$170.33	$174.62	—	COMM	172908105
—	CIGNA	2,102 (-9.3%)	$579K (-6.3%)	0.1%	$275.45	$356.68	—	COMM	125509109
SOLS	Solstice Advanced Materials, Inc.	3,304 (-1.7%)	$293K (+14.5%)	0.0%	$88.68	$65.21	—	COMM	83443Q103
VLTO	Veralto	10,858 (-3.5%)	$963K (-3.2%)	0.1%	$88.69	$73.75	—	COMM	92338C103
MDLZ	Mondelez Int'l	6,932 (-6.7%)	$401K (-6.3%)	0.0%	$57.85	$38.26	—	COMM	609207105
BRK/B	Berkshire Hathaway 'B'	13,975 (-3.9%)	$6.993M (+0.4%)	0.7%	$500.39	$189.20	—	COMM	084670702
CSL	Carlisle Companies	861 (-2.8%)	$312K (+5.4%)	0.0%	$362.37	$377.36	—	COMM	142339100
RSG	Republic Services	1,250 (-2.0%)	$266K (-4.7%)	0.0%	$212.80	$151.78	—	COMM	760759100
—	Linde plc	1,026 (-4.6%)	$532K (-0.2%)	0.1%	$518.52	$366.27	—	COMM	G5494J103

Unchanged Positions (87)

AAPL Apple 7.8%

Value $73.54M Shares 254,154 Share Price $289.36 Est. Cost/Share $83.44 Unrealized @ Report Date —

ADP Automatic Data Processing 4.1%

Value $38.73M Shares 172,935 Share Price $223.95 Est. Cost/Share $45.45 Unrealized @ Report Date —

ABBV AbbVie 2.6%

Value $24.21M Shares 96,228 Share Price $251.64 Est. Cost/Share $35.96 Unrealized @ Report Date —

TJX TJX Companies 5.8%

Value $54.56M Shares 360,164 Share Price $151.50 Est. Cost/Share $34.69 Unrealized @ Report Date —

XOM ExxonMobil 1.3%

Value $12.56M Shares 91,891 Share Price $136.72 Est. Cost/Share $56.01 Unrealized @ Report Date —

MCD McDonald's 2.0%

Value $19.29M Shares 71,366 Share Price $270.31 Est. Cost/Share $75.54 Unrealized @ Report Date —

MA Mastercard 5.9%

Value $55.65M Shares 108,351 Share Price $513.60 Est. Cost/Share $72.81 Unrealized @ Report Date —

CSCO Cisco Systems 0.6%

Value $5.465M Shares 46,528 Share Price $117.46 Est. Cost/Share $16.31 Unrealized @ Report Date —

PEP PepsiCo 1.0%

Value $9.731M Shares 71,867 Share Price $135.40 Est. Cost/Share $77.99 Unrealized @ Report Date —

SYK Stryker 3.7%

Value $35.14M Shares 111,616 Share Price $314.84 Est. Cost/Share $71.12 Unrealized @ Report Date —

NEE NextEra Energy 2.3%

Value $21.73M Shares 247,598 Share Price $87.77 Est. Cost/Share $57.22 Unrealized @ Report Date —

COST Costco Wholesale 1.8%

Value $16.63M Shares 17,775 Share Price $935.47 Est. Cost/Share $353.30 Unrealized @ Report Date —

ADI Analog Devices 0.6%

Value $5.214M Shares 13,129 Share Price $397.14 Est. Cost/Share $155.31 Unrealized @ Report Date —

JNJ Johnson & Johnson 2.7%

Value $25.54M Shares 100,552 Share Price $253.97 Est. Cost/Share $67.40 Unrealized @ Report Date —

KO Coca-Cola 1.4%

Value $13.67M Shares 168,150 Share Price $81.27 Est. Cost/Share $28.11 Unrealized @ Report Date —

WMT Walmart 0.9%

Value $8.775M Shares 77,479 Share Price $113.26 Est. Cost/Share $45.02 Unrealized @ Report Date —

MPC Marathon Petroleum 2.1%

Value $19.52M Shares 76,329 Share Price $255.67 Est. Cost/Share $37.92 Unrealized @ Report Date —

NVO Novo Nordisk ADR 0.3%

Value $2.831M Shares 59,058 Share Price $47.94 Est. Cost/Share $82.06 Unrealized @ Report Date —

CASY Casey's General Stores 0.7%

Value $6.689M Shares 8,416 Share Price $794.80 Est. Cost/Share $364.28 Unrealized @ Report Date —

DE Deere & Company 0.5%

Value $4.347M Shares 6,853 Share Price $634.32 Est. Cost/Share $145.99 Unrealized @ Report Date —

CAT Caterpillar 0.2%

Value $1.446M Shares 1,358 Share Price $1064.80 Est. Cost/Share $129.46 Unrealized @ Report Date —

MRK Merck 0.8%

Value $7.244M Shares 56,376 Share Price $128.49 Est. Cost/Share $47.25 Unrealized @ Report Date —

HPE Hewlett Packard Enterprise 0.1%

Value $866K Shares 19,200 Share Price $45.10 Est. Cost/Share $6.50 Unrealized @ Report Date —

EMR Emerson Electric 0.5%

Value $4.775M Shares 33,356 Share Price $143.15 Est. Cost/Share $42.81 Unrealized @ Report Date —

COP ConocoPhillips 0.1%

Value $1.351M Shares 12,991 Share Price $104.00 Est. Cost/Share $83.37 Unrealized @ Report Date —

NOC Northrop Grumman 0.1%

Value $979K Shares 1,922 Share Price $509.37 Est. Cost/Share $214.95 Unrealized @ Report Date —

LOW Lowe's 0.4%

Value $4.251M Shares 19,282 Share Price $220.46 Est. Cost/Share $44.88 Unrealized @ Report Date —

ISRG Intuitive Surgical 0.2%

Value $2.046M Shares 5,144 Share Price $397.74 Est. Cost/Share $262.44 Unrealized @ Report Date —

CVX Chevron 0.1%

Value $1.304M Shares 7,866 Share Price $165.78 Est. Cost/Share $90.00 Unrealized @ Report Date —

VZ Verizon Communications 0.2%

Value $1.634M Shares 38,591 Share Price $42.34 Est. Cost/Share $30.95 Unrealized @ Report Date —

IBM IBM 0.2%

Value $2.316M Shares 8,235 Share Price $281.24 Est. Cost/Share $120.24 Unrealized @ Report Date —

GLW Corning 0.1%

Value $633K Shares 2,477 Share Price $255.55 Est. Cost/Share $64.97 Unrealized @ Report Date —

PFE Pfizer 0.2%

Value $1.587M Shares 65,922 Share Price $24.07 Est. Cost/Share $20.27 Unrealized @ Report Date —

UNP Union Pacific 0.2%

Value $2.236M Shares 8,220 Share Price $272.02 Est. Cost/Share $75.59 Unrealized @ Report Date —

CARR Carrier Global 0.1%

Value $1.048M Shares 14,286 Share Price $73.36 Est. Cost/Share $18.65 Unrealized @ Report Date —

FDS FactSet Research Systems 0.4%

Value $4.037M Shares 17,546 Share Price $230.08 Est. Cost/Share $99.12 Unrealized @ Report Date —

T AT&T 0.0%

Value $455K Shares 21,986 Share Price $20.69 Est. Cost/Share $12.93 Unrealized @ Report Date —

PPG PPG Industries 0.2%

Value $1.511M Shares 12,457 Share Price $121.30 Est. Cost/Share $91.06 Unrealized @ Report Date —

MSFT Microsoft 5.2%

Value $48.89M Shares 131,068 Share Price $373.02 Est. Cost/Share $50.57 Unrealized @ Report Date —

GILD Gilead Sciences 0.2%

Value $1.698M Shares 13,440 Share Price $126.34 Est. Cost/Share $56.43 Unrealized @ Report Date —

WSM Williams Sonoma 0.1%

Value $793K Shares 3,400 Share Price $233.24 Est. Cost/Share $91.96 Unrealized @ Report Date —

HSY Hershey Company 0.1%

Value $935K Shares 5,331 Share Price $175.39 Est. Cost/Share $170.33 Unrealized @ Report Date —

EXPD Expeditors Int'l 0.2%

Value $1.426M Shares 8,750 Share Price $162.97 Est. Cost/Share $41.10 Unrealized @ Report Date —

— Fortune Brands Home & Security 0.1%

Value $568K Shares 10,347 Share Price $54.90 Est. Cost/Share $66.64 Unrealized @ Report Date —

PG Procter & Gamble 1.4%

Value $12.91M Shares 88,035 Share Price $146.63 Est. Cost/Share $58.81 Unrealized @ Report Date —

ITW Illinois Tool Works 0.4%

Value $3.426M Shares 12,668 Share Price $270.45 Est. Cost/Share $66.37 Unrealized @ Report Date —

PAYX Paychex 0.3%

Value $2.611M Shares 26,552 Share Price $98.34 Est. Cost/Share $28.28 Unrealized @ Report Date —

MMM 3M Company 0.1%

Value $1.369M Shares 8,453 Share Price $161.95 Est. Cost/Share $78.27 Unrealized @ Report Date —

ULTA Ulta Beauty 0.1%

Value $879K Shares 1,950 Share Price $450.77 Est. Cost/Share $330.63 Unrealized @ Report Date —

RTX RTX Corporation 0.9%

Value $8.218M Shares 43,314 Share Price $189.73 Est. Cost/Share $57.69 Unrealized @ Report Date —

TXN Texas Instruments 0.0%

Value $378K Shares 1,267 Share Price $298.34 Est. Cost/Share $103.70 Unrealized @ Report Date —

FAST Fastenal 0.4%

Value $3.449M Shares 71,800 Share Price $48.04 Est. Cost/Share $25.77 Unrealized @ Report Date —

UNH UnitedHealth Group 0.0%

Value $319K Shares 767 Share Price $415.91 Est. Cost/Share $340.12 Unrealized @ Report Date —

NSC Norfolk Southern 0.1%

Value $1.258M Shares 4,000 Share Price $314.50 Est. Cost/Share $165.22 Unrealized @ Report Date —

EW Edwards Lifesciences 0.1%

Value $820K Shares 9,060 Share Price $90.51 Est. Cost/Share $72.35 Unrealized @ Report Date —

AVGO Broadcom 0.1%

Value $515K Shares 1,363 Share Price $377.84 Est. Cost/Share $165.49 Unrealized @ Report Date —

AMGN Amgen 0.4%

Value $3.89M Shares 10,743 Share Price $362.10 Est. Cost/Share $82.02 Unrealized @ Report Date —

LHX L3 Harris Technologies 0.0%

Value $463K Shares 1,595 Share Price $290.28 Est. Cost/Share $180.73 Unrealized @ Report Date —

CSX CSX 0.1%

Value $635K Shares 13,368 Share Price $47.50 Est. Cost/Share $26.09 Unrealized @ Report Date —

HPQ HP 0.1%

Value $608K Shares 27,700 Share Price $21.95 Est. Cost/Share $11.22 Unrealized @ Report Date —

CMI Cummins 0.0%

Value $301K Shares 422 Share Price $713.27 Est. Cost/Share $466.32 Unrealized @ Report Date —

TMUS T-Mobile US 0.0%

Value $248K Shares 1,478 Share Price $167.79 Est. Cost/Share $138.65 Unrealized @ Report Date —

ALL Allstate 0.1%

Value $476K Shares 2,000 Share Price $238.00 Est. Cost/Share $86.64 Unrealized @ Report Date —

INGR Ingredion 0.0%

Value $284K Shares 3,000 Share Price $94.67 Est. Cost/Share $80.34 Unrealized @ Report Date —

EOG EOG Resources 0.0%

Value $436K Shares 3,363 Share Price $129.65 Est. Cost/Share $60.19 Unrealized @ Report Date —

MO Altria 0.1%

Value $581K Shares 8,081 Share Price $71.90 Est. Cost/Share $38.19 Unrealized @ Report Date —

TT Trane Technologies plc 0.0%

Value $278K Shares 565 Share Price $492.04 Est. Cost/Share $313.71 Unrealized @ Report Date —

GPC Genuine Parts 0.0%

Value $390K Shares 3,305 Share Price $118.00 Est. Cost/Share $68.88 Unrealized @ Report Date —

BRK/A Berkshire Hathaway 'A' 0.1%

Value $749K Shares 1 Share Price $749000.00 Est. Cost/Share $199512.94 Unrealized @ Report Date —

DRI Darden Restaurants 0.1%

Value $515K Shares 2,500 Share Price $206.00 Est. Cost/Share $147.14 Unrealized @ Report Date —

OTIS Otis Worldwide 0.0%

Value $288K Shares 4,027 Share Price $71.52 Est. Cost/Share $50.86 Unrealized @ Report Date —

RHHBY Roche Holding Ltd ADR 0.1%

Value $621K Shares 12,100 Share Price $51.32 Est. Cost/Share $48.75 Unrealized @ Report Date —

PSX Phillips 66 0.0%

Value $221K Shares 1,305 Share Price $169.35 Est. Cost/Share $147.11 Unrealized @ Report Date —

ROST Ross Stores 0.1%

Value $934K Shares 4,390 Share Price $212.76 Est. Cost/Share $39.98 Unrealized @ Report Date —

DUK Duke Energy 0.1%

Value $480K Shares 3,790 Share Price $126.65 Est. Cost/Share $66.83 Unrealized @ Report Date —

KMI Kinder Morgan Delaware 0.0%

Value $320K Shares 10,000 Share Price $32.00 Est. Cost/Share $13.20 Unrealized @ Report Date —

PFF iShares S&P US Pfd ETF 0.2%

Value $1.923M Shares 63,062 Share Price $30.49 Est. Cost/Share $37.44 Unrealized @ Report Date —

WM Waste Management 0.0%

Value $257K Shares 1,152 Share Price $223.09 Est. Cost/Share $147.68 Unrealized @ Report Date —

GD General Dynamics 0.0%

Value $248K Shares 700 Share Price $354.29 Est. Cost/Share $255.81 Unrealized @ Report Date —

APD Air Products & Chemicals 0.5%

Value $4.576M Shares 15,610 Share Price $293.15 Est. Cost/Share $69.50 Unrealized @ Report Date —

ORLY O'Reilly Automotive 0.5%

Value $4.85M Shares 52,662 Share Price $92.10 Est. Cost/Share $87.57 Unrealized @ Report Date —

FLO Flowers Foods 0.0%

Value $159K Shares 20,100 Share Price $7.91 Est. Cost/Share $13.95 Unrealized @ Report Date —

IMRX Immuneering Corp 'A' 0.0%

Value $75,000 Shares 15,000 Share Price $5.00 Est. Cost/Share $5.19 Unrealized @ Report Date —

ORCL Oracle 0.1%

Value $569K Shares 3,885 Share Price $146.46 Est. Cost/Share $63.75 Unrealized @ Report Date —

ALCO Alico 0.1%

Value $739K Shares 17,866 Share Price $41.36 Est. Cost/Share $27.33 Unrealized @ Report Date —

DIS Disney, Walt 0.1%

Value $778K Shares 8,087 Share Price $96.20 Est. Cost/Share $92.39 Unrealized @ Report Date —

BSTK Brite-Strike Tactical Illumina 0.0%

Value $1,000 Shares 53,000 Share Price $0.02 Est. Cost/Share $0.02 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	Apple	254,154	$73.54M	7.8%	$289.36	$83.44	—	COMM	037833100
ADP	Automatic Data Processing	172,935	$38.73M	4.1%	$223.95	$45.45	—	COMM	053015103
ABBV	AbbVie	96,228	$24.21M	2.6%	$251.64	$35.96	—	COMM	00287Y109
TJX	TJX Companies	360,164	$54.56M	5.8%	$151.50	$34.69	—	COMM	872540109
XOM	ExxonMobil	91,891	$12.56M	1.3%	$136.72	$56.01	—	COMM	30231G102
MCD	McDonald's	71,366	$19.29M	2.0%	$270.31	$75.54	—	COMM	580135101
MA	Mastercard	108,351	$55.65M	5.9%	$513.60	$72.81	—	COMM	57636Q104
CSCO	Cisco Systems	46,528	$5.465M	0.6%	$117.46	$16.31	—	COMM	17275R102
PEP	PepsiCo	71,867	$9.731M	1.0%	$135.40	$77.99	—	COMM	713448108
SYK	Stryker	111,616	$35.14M	3.7%	$314.84	$71.12	—	COMM	863667101
NEE	NextEra Energy	247,598	$21.73M	2.3%	$87.77	$57.22	—	COMM	65339F101
COST	Costco Wholesale	17,775	$16.63M	1.8%	$935.47	$353.30	—	COMM	22160K105
ADI	Analog Devices	13,129	$5.214M	0.6%	$397.14	$155.31	—	COMM	032654105
JNJ	Johnson & Johnson	100,552	$25.54M	2.7%	$253.97	$67.40	—	COMM	478160104
KO	Coca-Cola	168,150	$13.67M	1.4%	$81.27	$28.11	—	COMM	191216100
WMT	Walmart	77,479	$8.775M	0.9%	$113.26	$45.02	—	COMM	931142103
MPC	Marathon Petroleum	76,329	$19.52M	2.1%	$255.67	$37.92	—	COMM	56585A102
NVO	Novo Nordisk ADR	59,058	$2.831M	0.3%	$47.94	$82.06	—	COMM	670100205
CASY	Casey's General Stores	8,416	$6.689M	0.7%	$794.80	$364.28	—	COMM	147528103
DE	Deere & Company	6,853	$4.347M	0.5%	$634.32	$145.99	—	COMM	244199105
CAT	Caterpillar	1,358	$1.446M	0.2%	$1064.80	$129.46	—	COMM	149123101
MRK	Merck	56,376	$7.244M	0.8%	$128.49	$47.25	—	COMM	58933Y105
HPE	Hewlett Packard Enterprise	19,200	$866K	0.1%	$45.10	$6.50	—	COMM	42824C109
EMR	Emerson Electric	33,356	$4.775M	0.5%	$143.15	$42.81	—	COMM	291011104
COP	ConocoPhillips	12,991	$1.351M	0.1%	$104.00	$83.37	—	COMM	20825C104
NOC	Northrop Grumman	1,922	$979K	0.1%	$509.37	$214.95	—	COMM	666807102
LOW	Lowe's	19,282	$4.251M	0.4%	$220.46	$44.88	—	COMM	548661107
ISRG	Intuitive Surgical	5,144	$2.046M	0.2%	$397.74	$262.44	—	COMM	46120E602
CVX	Chevron	7,866	$1.304M	0.1%	$165.78	$90.00	—	COMM	166764100
VZ	Verizon Communications	38,591	$1.634M	0.2%	$42.34	$30.95	—	COMM	92343V104
IBM	IBM	8,235	$2.316M	0.2%	$281.24	$120.24	—	COMM	459200101
GLW	Corning	2,477	$633K	0.1%	$255.55	$64.97	—	COMM	219350105
PFE	Pfizer	65,922	$1.587M	0.2%	$24.07	$20.27	—	COMM	717081103
UNP	Union Pacific	8,220	$2.236M	0.2%	$272.02	$75.59	—	COMM	907818108
CARR	Carrier Global	14,286	$1.048M	0.1%	$73.36	$18.65	—	COMM	14448C104
FDS	FactSet Research Systems	17,546	$4.037M	0.4%	$230.08	$99.12	—	COMM	303075105
T	AT&T	21,986	$455K	0.0%	$20.69	$12.93	—	COMM	00206R102
PPG	PPG Industries	12,457	$1.511M	0.2%	$121.30	$91.06	—	COMM	693506107
MSFT	Microsoft	131,068	$48.89M	5.2%	$373.02	$50.57	—	COMM	594918104
GILD	Gilead Sciences	13,440	$1.698M	0.2%	$126.34	$56.43	—	COMM	375558103
WSM	Williams Sonoma	3,400	$793K	0.1%	$233.24	$91.96	—	COMM	969904101
HSY	Hershey Company	5,331	$935K	0.1%	$175.39	$170.33	—	COMM	427866108
EXPD	Expeditors Int'l	8,750	$1.426M	0.2%	$162.97	$41.10	—	COMM	302130109
—	Fortune Brands Home & Security	10,347	$568K	0.1%	$54.90	$66.64	—	COMM	34964c106
PG	Procter & Gamble	88,035	$12.91M	1.4%	$146.63	$58.81	—	COMM	742718109
ITW	Illinois Tool Works	12,668	$3.426M	0.4%	$270.45	$66.37	—	COMM	452308109
PAYX	Paychex	26,552	$2.611M	0.3%	$98.34	$28.28	—	COMM	704326107
MMM	3M Company	8,453	$1.369M	0.1%	$161.95	$78.27	—	COMM	88579Y101
ULTA	Ulta Beauty	1,950	$879K	0.1%	$450.77	$330.63	—	COMM	90384S303
RTX	RTX Corporation	43,314	$8.218M	0.9%	$189.73	$57.69	—	COMM	75513E101
TXN	Texas Instruments	1,267	$378K	0.0%	$298.34	$103.70	—	COMM	882508104
FAST	Fastenal	71,800	$3.449M	0.4%	$48.04	$25.77	—	COMM	311900104
UNH	UnitedHealth Group	767	$319K	0.0%	$415.91	$340.12	—	COMM	91324P102
NSC	Norfolk Southern	4,000	$1.258M	0.1%	$314.50	$165.22	—	COMM	655844108
EW	Edwards Lifesciences	9,060	$820K	0.1%	$90.51	$72.35	—	COMM	28176E108
AVGO	Broadcom	1,363	$515K	0.1%	$377.84	$165.49	—	COMM	11135F101
AMGN	Amgen	10,743	$3.89M	0.4%	$362.10	$82.02	—	COMM	031162100
LHX	L3 Harris Technologies	1,595	$463K	0.0%	$290.28	$180.73	—	COMM	502431109
CSX	CSX	13,368	$635K	0.1%	$47.50	$26.09	—	COMM	126408103
HPQ	HP	27,700	$608K	0.1%	$21.95	$11.22	—	COMM	40434L105
CMI	Cummins	422	$301K	0.0%	$713.27	$466.32	—	COMM	231021106
TMUS	T-Mobile US	1,478	$248K	0.0%	$167.79	$138.65	—	COMM	872590104
ALL	Allstate	2,000	$476K	0.1%	$238.00	$86.64	—	COMM	020002101
INGR	Ingredion	3,000	$284K	0.0%	$94.67	$80.34	—	COMM	457187102
EOG	EOG Resources	3,363	$436K	0.0%	$129.65	$60.19	—	COMM	26875P101
MO	Altria	8,081	$581K	0.1%	$71.90	$38.19	—	COMM	02209S103
TT	Trane Technologies plc	565	$278K	0.0%	$492.04	$313.71	—	COMM	G8994E103
GPC	Genuine Parts	3,305	$390K	0.0%	$118.00	$68.88	—	COMM	372460105
BRK/A	Berkshire Hathaway 'A'	1	$749K	0.1%	$749000.00	$199512.94	—	COMM	084670108
DRI	Darden Restaurants	2,500	$515K	0.1%	$206.00	$147.14	—	COMM	237194105
OTIS	Otis Worldwide	4,027	$288K	0.0%	$71.52	$50.86	—	COMM	68902V107
RHHBY	Roche Holding Ltd ADR	12,100	$621K	0.1%	$51.32	$48.75	—	COMM	771195104
PSX	Phillips 66	1,305	$221K	0.0%	$169.35	$147.11	—	COMM	718546104
ROST	Ross Stores	4,390	$934K	0.1%	$212.76	$39.98	—	COMM	778296103
DUK	Duke Energy	3,790	$480K	0.1%	$126.65	$66.83	—	COMM	26441C204
KMI	Kinder Morgan Delaware	10,000	$320K	0.0%	$32.00	$13.20	—	COMM	49456B101
PFF	iShares S&P US Pfd ETF	63,062	$1.923M	0.2%	$30.49	$37.44	—	DEBT	464288687
WM	Waste Management	1,152	$257K	0.0%	$223.09	$147.68	—	COMM	94106L109
GD	General Dynamics	700	$248K	0.0%	$354.29	$255.81	—	COMM	369550108
APD	Air Products & Chemicals	15,610	$4.576M	0.5%	$293.15	$69.50	—	COMM	009158106
ORLY	O'Reilly Automotive	52,662	$4.85M	0.5%	$92.10	$87.57	—	COMM	67103H107
FLO	Flowers Foods	20,100	$159K	0.0%	$7.91	$13.95	—	COMM	343498101
IMRX	Immuneering Corp 'A'	15,000	$75,000	0.0%	$5.00	$5.19	—	COMM	45254E107
ORCL	Oracle	3,885	$569K	0.1%	$146.46	$63.75	—	COMM	68389X105
ALCO	Alico	17,866	$739K	0.1%	$41.36	$27.33	—	COMM	016230104
DIS	Disney, Walt	8,087	$778K	0.1%	$96.20	$92.39	—	COMM	254687106
BSTK	Brite-Strike Tactical Illumina	53,000	$1,000	0.0%	$0.02	$0.02	—	COMM	11041N206