KELLY LAWRENCE W & ASSOCIATES INC/CA Diversified Active

CIK: 0000920441 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $411,051 (100.0% shares, 0.0% debt)

Holdings (127)

Increased Positions (6)

FISV Fiserv Inc Com 2.3%

Value ($000) $9,291 (-25.0%) Shares 138,320 (+44.1%) Est. Cost $86.09 Unrealized -2.6%

— Albemarle Corp 7.25 Pfd Ser A 0.4%

Value ($000) $1,492 (+172.9%) Shares 25,355 (+76.6%) Est. Cost $50.19 Unrealized —

CRM Salesforce.com Inc 0.8%

Value ($000) $3,214 (+13.9%) Shares 12,131 (+1.9%) Est. Cost $200.59 Unrealized +23.7%

— Rithm Capital Corp 7.0 RT REST 0.2%

Value ($000) $973 (+27.0%) Shares 39,500 (+26.6%) Est. Cost $23.30 Unrealized —

— Capital One Finl Corp DP Shs P 0.2%

Value ($000) $1,015 (+18.6%) Shares 53,300 (+25.4%) Est. Cost $19.09 Unrealized —

NEE NextEra Energy Inc 0.1%

Value ($000) $551 (+12.9%) Shares 6,860 (+6.2%) Est. Cost $71.87 Unrealized +14.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	Fiserv Inc Com	138,320 (+44.1%)	$9,291 (-25.0%)	2.3%	$86.09	-2.6%	COM	337738108
—	Albemarle Corp 7.25 Pfd Ser A	25,355 (+76.6%)	$1,492 (+172.9%)	0.4%	$50.19	—	PRD	012653200
CRM	Salesforce.com Inc	12,131 (+1.9%)	$3,214 (+13.9%)	0.8%	$200.59	+23.7%	COM	79466L302
—	Rithm Capital Corp 7.0 RT REST	39,500 (+26.6%)	$973 (+27.0%)	0.2%	$23.30	—	PRD	64828T706
—	Capital One Finl Corp DP Shs P	53,300 (+25.4%)	$1,015 (+18.6%)	0.2%	$19.09	—	PRD	14040H824
NEE	NextEra Energy Inc	6,860 (+6.2%)	$551 (+12.9%)	0.1%	$71.87	+14.8%	COM	65339F101

Exited Positions (33)

PSX Phillips 66 Com 0.1%

Value ($000) $239 Shares 1,758 Est. Cost $134.27 Unrealized -0.2%

EMR Emerson Elec Co 0.0%

Value ($000) $105 Shares 800 Est. Cost $103.98 Unrealized +27.3%

SLB Schlumberger Ltd 0.0%

Value ($000) $96 Shares 2,804 Est. Cost $32.22 Unrealized +11.9%

UNM Unum Group Com 0.0%

Value ($000) $78 Shares 1,000 Est. Cost $50.25 Unrealized +52.2%

CPT Camden Property Trust 0.0%

Value ($000) $53 Shares 500 Est. Cost $104.42 Unrealized -1.2%

SBSW Sibanye-Stillwater LTD Spons A 0.0%

Value ($000) $51 Shares 4,547 Est. Cost $17.81 Unrealized —

WBD Warner Bros Discovery Com Ser 0.0%

Value ($000) $45 Shares 2,322 Est. Cost $16.75 Unrealized +39.5%

CCI Crown Castle Intl Corp 0.0%

Value ($000) $37 Shares 380 Est. Cost $119.36 Unrealized -23.7%

DIS Disney Walt Co Del 0.0%

Value ($000) $34 Shares 300 Est. Cost $106.64 Unrealized +2.7%

GEHC GE HealthCare Tech 0.0%

Value ($000) $31 Shares 407 Est. Cost $72.02 Unrealized +8.2%

APD Air Prod & Chemicals 0.0%

Value ($000) $27 Shares 100 Est. Cost $260.73 Unrealized -3.5%

HAL Halliburton Co 0.0%

Value ($000) $27 Shares 1,080 Est. Cost $42.09 Unrealized -37.5%

BDX Becton Dickinson & Co 0.0%

Value ($000) $25 Shares 135 Est. Cost $227.37 Unrealized -16.6%

VTRS Viatris Inc 0.0%

Value ($000) $22 Shares 2,244 Est. Cost $13.05 Unrealized -17.8%

KHC Kraft Heinz Co Comm 0.0%

Value ($000) $22 Shares 850 Est. Cost $27.52 Unrealized -10.5%

EA Electronic Arts Inc 0.0%

Value ($000) $21 Shares 106 Est. Cost $114.88 Unrealized +75.6%

SOLV Solventum Corp 0.0%

Value ($000) $20 Shares 274 Est. Cost $60.70 Unrealized +26.2%

WHR Whirlpool Corp 0.0%

Value ($000) $20 Shares 250 Est. Cost $137.65 Unrealized -46.4%

DLR Digital Rlty Tr Inc Com 0.0%

Value ($000) $17 Shares 100 Est. Cost $116.48 Unrealized +40.1%

KTB Kontoor Brands Inc 0.0%

Value ($000) $15 Shares 189 Est. Cost $29.07 Unrealized +155.4%

HPE Hewlett Packard Enterp Com 0.0%

Value ($000) $15 Shares 600 Est. Cost $13.35 Unrealized +75.6%

TG Tredegar Corp. 0.0%

Value ($000) $12 Shares 1,455 Est. Cost $9.11 Unrealized -16.8%

LFUS Littelfuse Inc 0.0%

Value ($000) $8 Shares 30 Est. Cost $260.93 Unrealized -2.4%

FVRR Fiverr Intl LTD 0.0%

Value ($000) $6 Shares 250 Est. Cost $76.70 Unrealized -71.9%

TRP TC Energy Corp. Com 0.0%

Value ($000) $5 Shares 100 Est. Cost $34.41 Unrealized +55.0%

TDY Teledyne Technologies 0.0%

Value ($000) $5 Shares 8 Est. Cost $424.72 Unrealized +24.1%

QCOM QUALCOMM Inc 0.0%

Value ($000) $4 Shares 25 Est. Cost $124.91 Unrealized +36.7%

ATKR Atkore Inc. 0.0%

Value ($000) $4 Shares 60 Est. Cost $154.44 Unrealized -58.1%

REZI Resideo Technologies Inc 0.0%

Value ($000) $3 Shares 66 Est. Cost $25.92 Unrealized +42.8%

— Apache Corp 0.0%

Value ($000) $1 Shares 60 Est. Cost $39.25 Unrealized —

DXC DXC Technology Co 0.0%

Value ($000) $1 Shares 51 Est. Cost $32.58 Unrealized -57.8%

SOBO South Bow Corp 0.0%

Value ($000) $1 Shares 20 Est. Cost $22.97 Unrealized +18.3%

GTX Garrett Motion Inc 0.0%

Value ($000) $1 Shares 40 Est. Cost $7.37 Unrealized +116.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PSX	Phillips 66 Com	1,758	$239	0.1%	$134.27	-0.2%	—	718546104
EMR	Emerson Elec Co	800	$105	0.0%	$103.98	+27.3%	—	291011104
SLB	Schlumberger Ltd	2,804	$96	0.0%	$32.22	+11.9%	—	806857108
UNM	Unum Group Com	1,000	$78	0.0%	$50.25	+52.2%	—	91529Y106
CPT	Camden Property Trust	500	$53	0.0%	$104.42	-1.2%	—	133131102
SBSW	Sibanye-Stillwater LTD Spons A	4,547	$51	0.0%	$17.81	—	—	82575P107
WBD	Warner Bros Discovery Com Ser	2,322	$45	0.0%	$16.75	+39.5%	—	934423104
CCI	Crown Castle Intl Corp	380	$37	0.0%	$119.36	-23.7%	—	22822V101
DIS	Disney Walt Co Del	300	$34	0.0%	$106.64	+2.7%	—	254687106
GEHC	GE HealthCare Tech	407	$31	0.0%	$72.02	+8.2%	—	36266G107
APD	Air Prod & Chemicals	100	$27	0.0%	$260.73	-3.5%	—	009158106
HAL	Halliburton Co	1,080	$27	0.0%	$42.09	-37.5%	—	406216101
BDX	Becton Dickinson & Co	135	$25	0.0%	$227.37	-16.6%	—	075887109
VTRS	Viatris Inc	2,244	$22	0.0%	$13.05	-17.8%	—	92556V106
KHC	Kraft Heinz Co Comm	850	$22	0.0%	$27.52	-10.5%	—	500754106
EA	Electronic Arts Inc	106	$21	0.0%	$114.88	+75.6%	—	285512109
SOLV	Solventum Corp	274	$20	0.0%	$60.70	+26.2%	—	83444M101
WHR	Whirlpool Corp	250	$20	0.0%	$137.65	-46.4%	—	963320106
DLR	Digital Rlty Tr Inc Com	100	$17	0.0%	$116.48	+40.1%	—	253868103
KTB	Kontoor Brands Inc	189	$15	0.0%	$29.07	+155.4%	—	50050N103
HPE	Hewlett Packard Enterp Com	600	$15	0.0%	$13.35	+75.6%	—	42824C109
TG	Tredegar Corp.	1,455	$12	0.0%	$9.11	-16.8%	—	894650100
LFUS	Littelfuse Inc	30	$8	0.0%	$260.93	-2.4%	—	537008104
FVRR	Fiverr Intl LTD	250	$6	0.0%	$76.70	-71.9%	—	M4R82T106
TRP	TC Energy Corp. Com	100	$5	0.0%	$34.41	+55.0%	—	87807B107
TDY	Teledyne Technologies	8	$5	0.0%	$424.72	+24.1%	—	879360105
QCOM	QUALCOMM Inc	25	$4	0.0%	$124.91	+36.7%	—	747525103
ATKR	Atkore Inc.	60	$4	0.0%	$154.44	-58.1%	—	047649108
REZI	Resideo Technologies Inc	66	$3	0.0%	$25.92	+42.8%	—	76118Y104
—	Apache Corp	60	$1	0.0%	$39.25	—	—	037411105
DXC	DXC Technology Co	51	$1	0.0%	$32.58	-57.8%	—	23355L106
SOBO	South Bow Corp	20	$1	0.0%	$22.97	+18.3%	—	83671M105
GTX	Garrett Motion Inc	40	$1	0.0%	$7.37	+116.0%	—	366505105

Decreased Positions (20)

GOOGL Alphabet Inc Cap Stk Cl A 9.2%

Value ($000) $37,874 (+23.9%) Shares 121,002 (-3.8%) Est. Cost $107.26 Unrealized +166.3%

CSGP CoStar Group Inc. 1.7%

Value ($000) $7,147 (-28.9%) Shares 106,284 (-10.8%) Est. Cost $80.89 Unrealized -12.4%

AMD Advanced Micro Devices 7.2%

Value ($000) $29,614 (+9.9%) Shares 138,280 (-16.9%) Est. Cost $25.19 Unrealized +791.6%

GOOG Alphabet Inc Cap Stk Cl C 2.8%

Value ($000) $11,631 (+24.4%) Shares 37,064 (-3.4%) Est. Cost $107.49 Unrealized +166.4%

HD Home Depot Inc 1.1%

Value ($000) $4,464 (-16.2%) Shares 12,972 (-1.4%) Est. Cost $186.81 Unrealized +95.2%

WWD Woodward Inc 1.3%

Value ($000) $5,253 (+16.7%) Shares 17,374 (-2.4%) Est. Cost $109.50 Unrealized +151.0%

AMAT Applied Materials Inc. 1.8%

Value ($000) $7,495 (+9.5%) Shares 29,163 (-12.8%) Est. Cost $50.50 Unrealized +374.3%

BXP BXP Inc 0.0%

Value ($000) $10 (-98.4%) Shares 150 (-98.3%) Est. Cost $68.95 Unrealized +2.1%

MSFT Microsoft Corp 0.8%

Value ($000) $3,100 (-12.1%) Shares 6,410 (-5.9%) Est. Cost $179.22 Unrealized +179.3%

BWEL JG Boswell Co 0.3%

Value ($000) $1,422 (-17.5%) Shares 3,100 (-10.1%) Est. Cost $614.65 Unrealized -25.2%

XOM Exxon Mobil Corp 0.2%

Value ($000) $876 (-22.9%) Shares 7,283 (-27.8%) Est. Cost $97.39 Unrealized +18.6%

V Visa Inc Cl A 3.7%

Value ($000) $15,395 (+1.7%) Shares 43,897 (-1.0%) Est. Cost $120.65 Unrealized +182.1%

LITE Lumentum Holdings Inc. Com 0.1%

Value ($000) $335 (+66.2%) Shares 910 (-26.6%) Est. Cost $70.96 Unrealized +261.9%

RTX Raytheon Tech 0.0%

Value ($000) $119 (-32.1%) Shares 650 (-38.1%) Est. Cost $76.57 Unrealized +126.4%

LLY Lilly Eli & Co Com 0.1%

Value ($000) $244 (+29.5%) Shares 227 (-8.1%) Est. Cost $329.89 Unrealized +189.7%

— AGNC Invt Corp 6.5 Pfd Ser E 0.2%

Value ($000) $771 (-4.2%) Shares 30,824 (-1.6%) Est. Cost $22.54 Unrealized —

JPM JPMorgan Chase & Co 0.6%

Value ($000) $2,611 (+0.9%) Shares 8,103 (-1.2%) Est. Cost $99.07 Unrealized +212.4%

INTC Intel Corp 0.1%

Value ($000) $298 (-5.3%) Shares 8,084 (-13.9%) Est. Cost $37.93 Unrealized -0.5%

GEV GE Vernova Inc 0.1%

Value ($000) $234 (+2.0%) Shares 358 (-4.0%) Est. Cost $158.10 Unrealized +285.2%

NSRGY Nestle SA Spons ADR (For Reg) 0.2%

Value ($000) $650 (+0.5%) Shares 6,545 (-7.1%) Est. Cost $90.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet Inc Cap Stk Cl A	121,002 (-3.8%)	$37,874 (+23.9%)	9.2%	$107.26	+166.3%	COM	02079K305
CSGP	CoStar Group Inc.	106,284 (-10.8%)	$7,147 (-28.9%)	1.7%	$80.89	-12.4%	COM	22160N109
AMD	Advanced Micro Devices	138,280 (-16.9%)	$29,614 (+9.9%)	7.2%	$25.19	+791.6%	COM	007903107
GOOG	Alphabet Inc Cap Stk Cl C	37,064 (-3.4%)	$11,631 (+24.4%)	2.8%	$107.49	+166.4%	COM	02079K107
HD	Home Depot Inc	12,972 (-1.4%)	$4,464 (-16.2%)	1.1%	$186.81	+95.2%	COM	437076102
WWD	Woodward Inc	17,374 (-2.4%)	$5,253 (+16.7%)	1.3%	$109.50	+151.0%	COM	980745103
AMAT	Applied Materials Inc.	29,163 (-12.8%)	$7,495 (+9.5%)	1.8%	$50.50	+374.3%	COM	038222105
BXP	BXP Inc	150 (-98.3%)	$10 (-98.4%)	0.0%	$68.95	+2.1%	COM	101121101
MSFT	Microsoft Corp	6,410 (-5.9%)	$3,100 (-12.1%)	0.8%	$179.22	+179.3%	COM	594918104
BWEL	JG Boswell Co	3,100 (-10.1%)	$1,422 (-17.5%)	0.3%	$614.65	-25.2%	PRIV EQS	101205102
XOM	Exxon Mobil Corp	7,283 (-27.8%)	$876 (-22.9%)	0.2%	$97.39	+18.6%	COM	30231G102
V	Visa Inc Cl A	43,897 (-1.0%)	$15,395 (+1.7%)	3.7%	$120.65	+182.1%	COM	92826C839
LITE	Lumentum Holdings Inc. Com	910 (-26.6%)	$335 (+66.2%)	0.1%	$70.96	+261.9%	COM	55024U109
RTX	Raytheon Tech	650 (-38.1%)	$119 (-32.1%)	0.0%	$76.57	+126.4%	COM	75513E101
LLY	Lilly Eli & Co Com	227 (-8.1%)	$244 (+29.5%)	0.1%	$329.89	+189.7%	COM	532457108
—	AGNC Invt Corp 6.5 Pfd Ser E	30,824 (-1.6%)	$771 (-4.2%)	0.2%	$22.54	—	PRD	00123Q807
JPM	JPMorgan Chase & Co	8,103 (-1.2%)	$2,611 (+0.9%)	0.6%	$99.07	+212.4%	COM	46625H100
INTC	Intel Corp	8,084 (-13.9%)	$298 (-5.3%)	0.1%	$37.93	-0.5%	COM	458140100
GEV	GE Vernova Inc	358 (-4.0%)	$234 (+2.0%)	0.1%	$158.10	+285.2%	COM	36828A101
NSRGY	Nestle SA Spons ADR (For Reg)	6,545 (-7.1%)	$650 (+0.5%)	0.2%	$90.05	—	COM	641069406

Unchanged Positions (101)

HIMS HIMS & HERS Health Inc Com CL 2.8%

Value ($000) $11,444 Shares 352,445 Est. Cost $24.77 Unrealized +72.9%

GNRC Generac Hldgs Inc. 3.2%

Value ($000) $13,330 Shares 97,747 Est. Cost $113.11 Unrealized +42.7%

COF Capital One Finl Corp 4.6%

Value ($000) $18,814 Shares 77,630 Est. Cost $75.39 Unrealized +194.7%

AAPL Apple, Inc. 7.8%

Value ($000) $32,199 Shares 118,438 Est. Cost $88.07 Unrealized +204.7%

COST Costco Wholesale 5.1%

Value ($000) $21,091 Shares 24,458 Est. Cost $167.50 Unrealized +440.7%

ROP Roper Technologies Inc 3.0%

Value ($000) $12,474 Shares 28,024 Est. Cost $227.19 Unrealized +103.4%

DHR Danaher Corp Del COM 2.9%

Value ($000) $12,060 Shares 52,680 Est. Cost $124.61 Unrealized +76.2%

RGEN Repligen Corp 1.6%

Value ($000) $6,735 Shares 41,100 Est. Cost $121.47 Unrealized +28.9%

JNJ Johnson & Johnson 2.6%

Value ($000) $10,566 Shares 51,056 Est. Cost $92.04 Unrealized +114.1%

BR Broadridge Financial Solutions 3.3%

Value ($000) $13,632 Shares 61,082 Est. Cost $82.22 Unrealized +176.5%

KNSL Kinsale Cap Group Inc. 2.2%

Value ($000) $9,241 Shares 23,627 Est. Cost $452.97 Unrealized -10.0%

AMZN Amazon Com Inc Com 3.2%

Value ($000) $13,004 Shares 56,340 Est. Cost $183.44 Unrealized +24.7%

ICE Intercontinental Exchange Grou 3.6%

Value ($000) $14,993 Shares 92,573 Est. Cost $66.85 Unrealized +133.7%

UNH Unitedhealth Group Inc. 3.1%

Value ($000) $12,722 Shares 38,539 Est. Cost $374.94 Unrealized -10.1%

ICLR Icon PLC SHS 2.7%

Value ($000) $10,954 Shares 60,116 Est. Cost $167.36 Unrealized +6.4%

CSCO Cisco Systems 0.8%

Value ($000) $3,471 Shares 45,062 Est. Cost $20.82 Unrealized +254.5%

ALB Albemarle Corp. 0.2%

Value ($000) $676 Shares 4,782 Est. Cost $104.48 Unrealized +8.4%

HXL Hexcel Corp 0.4%

Value ($000) $1,589 Shares 21,496 Est. Cost $52.89 Unrealized +33.7%

PG Procter & Gamble Co. 0.8%

Value ($000) $3,230 Shares 22,540 Est. Cost $105.97 Unrealized +38.9%

VRSN Verisign Inc. Com. 0.3%

Value ($000) $1,214 Shares 4,995 Est. Cost $45.93 Unrealized +446.0%

PEP Pepsico Inc 2.2%

Value ($000) $8,937 Shares 62,269 Est. Cost $80.75 Unrealized +80.7%

CAT Caterpillar Inc 0.1%

Value ($000) $561 Shares 979 Est. Cost $326.43 Unrealized +70.2%

EW Edwards Lifesciences Inc. 0.2%

Value ($000) $897 Shares 10,525 Est. Cost $72.15 Unrealized +13.7%

GILD Gilead Sciences Inc. 0.2%

Value ($000) $773 Shares 6,294 Est. Cost $57.23 Unrealized +111.2%

AFL AFLAC Inc. 1.3%

Value ($000) $5,200 Shares 47,161 Est. Cost $26.38 Unrealized +316.4%

SCHW Charles Schwab Corp (New) 0.4%

Value ($000) $1,479 Shares 14,807 Est. Cost $21.81 Unrealized +334.3%

AMGN Amgen, Inc. Com 0.1%

Value ($000) $458 Shares 1,398 Est. Cost $149.74 Unrealized +111.0%

WMT WalMart Inc 0.2%

Value ($000) $836 Shares 7,500 Est. Cost $63.80 Unrealized +68.0%

T AT&T Inc 0.1%

Value ($000) $450 Shares 18,106 Est. Cost $16.00 Unrealized +58.1%

CVX Chevron Corp 0.7%

Value ($000) $2,987 Shares 19,600 Est. Cost $81.49 Unrealized +85.8%

REGN Regeneron Pharmaceutical Com 0.0%

Value ($000) $203 Shares 263 Est. Cost $430.74 Unrealized +57.6%

ABT Abbott Labs 0.2%

Value ($000) $740 Shares 5,910 Est. Cost $108.63 Unrealized +17.2%

AVY Avery Dennison Corp. 0.1%

Value ($000) $455 Shares 2,500 Est. Cost $125.19 Unrealized +37.6%

— AT&T Inc 5 Dep Rep Pfd Ser A 0.3%

Value ($000) $1,197 Shares 59,300 Est. Cost $21.37 Unrealized —

TMO Thermo Fisher Scientific 0.1%

Value ($000) $290 Shares 500 Est. Cost $535.68 Unrealized +5.5%

KIM Kimco Realty Corp Com 0.1%

Value ($000) $575 Shares 28,350 Est. Cost $19.53 Unrealized +5.4%

IBM Int'l Bus Mach 0.2%

Value ($000) $891 Shares 3,008 Est. Cost $163.44 Unrealized +82.8%

WFC Wells Fargo Co New Com 0.1%

Value ($000) $410 Shares 4,400 Est. Cost $54.23 Unrealized +59.7%

BAC Bank of America Corp 0.2%

Value ($000) $652 Shares 11,846 Est. Cost $35.70 Unrealized +47.5%

VRTX Vertex Pharmaceuticals Com 0.1%

Value ($000) $265 Shares 585 Est. Cost $170.37 Unrealized +153.0%

— Ford Mtr 6.20 Pfd Due 06/01/20 0.1%

Value ($000) $402 Shares 19,200 Est. Cost $25.03 Unrealized —

ABBV AbbVie Inc. 0.5%

Value ($000) $2,047 Shares 8,957 Est. Cost $72.42 Unrealized +214.2%

KO Coca Cola Co 0.1%

Value ($000) $485 Shares 6,931 Est. Cost $43.89 Unrealized +58.1%

ZTS Zoetis Inc Cl A 0.0%

Value ($000) $135 Shares 1,075 Est. Cost $139.50 Unrealized -6.6%

HON Honeywell Intl Inc 0.1%

Value ($000) $268 Shares 1,373 Est. Cost $181.35 Unrealized +7.5%

— Wells Fargo & Co New Perp Pfd 0.3%

Value ($000) $1,076 Shares 887 Est. Cost $1416.25 Unrealized —

MAT Mattel Inc Com 0.0%

Value ($000) $115 Shares 5,800 Est. Cost $21.36 Unrealized -9.6%

AMT American Tower Corp NE Com 0.0%

Value ($000) $179 Shares 1,020 Est. Cost $192.91 Unrealized -6.5%

STT State Street Corp 0.0%

Value ($000) $135 Shares 1,050 Est. Cost $66.07 Unrealized +80.1%

VZ Verizon Communications 0.0%

Value ($000) $155 Shares 3,807 Est. Cost $30.29 Unrealized +33.6%

AIR AAR Corp Com 0.0%

Value ($000) $147 Shares 1,775 Est. Cost $76.12 Unrealized +8.7%

BYDDF BYD Co Ltd Shs H 0.0%

Value ($000) $73 Shares 6,000 Est. Cost $13.78 Unrealized -6.5%

MCK McKesson Corp 0.0%

Value ($000) $197 Shares 240 Est. Cost $552.61 Unrealized +47.6%

— GE Aerospace 0.1%

Value ($000) $429 Shares 1,394 Est. Cost $33.89 Unrealized —

EXAS Exact Sciences Corp. 0.0%

Value ($000) $20 Shares 200 Est. Cost $104.04 Unrealized -22.8%

NSC Norfolk Southern Corp 0.1%

Value ($000) $231 Shares 800 Est. Cost $228.85 Unrealized +26.1%

DE Deere & Co. 0.1%

Value ($000) $500 Shares 1,075 Est. Cost $379.86 Unrealized +23.1%

SHEL Shell PLC Spons ADS 0.1%

Value ($000) $323 Shares 4,400 Est. Cost $57.49 Unrealized —

MMM 3M Co. 0.1%

Value ($000) $264 Shares 1,649 Est. Cost $101.14 Unrealized +61.3%

META Meta Platforms, Inc Cl A 0.0%

Value ($000) $66 Shares 100 Est. Cost $238.03 Unrealized +180.4%

VOOG Vanguard SP500 Growth ETF 0.1%

Value ($000) $296 Shares 665 Est. Cost $304.71 Unrealized —

ADP Automatic Data Processing Inc 0.0%

Value ($000) $39 Shares 153 Est. Cost $295.41 Unrealized -10.4%

VFC V F Corp 0.0%

Value ($000) $27 Shares 1,475 Est. Cost $64.74 Unrealized -75.0%

PFE Pfizer Inc 0.1%

Value ($000) $227 Shares 9,130 Est. Cost $25.57 Unrealized -2.1%

BLK Blackrock Inc 0.0%

Value ($000) $57 Shares 53 Est. Cost $961.85 Unrealized +13.3%

FNV Franco Nevada Corp 0.0%

Value ($000) $62 Shares 300 Est. Cost $115.11 Unrealized +76.2%

— AG Mortgage Inv Tr 8 Pfd Ser B 0.1%

Value ($000) $225 Shares 10,105 Est. Cost $24.25 Unrealized —

COP ConocoPhillips Com 0.1%

Value ($000) $424 Shares 4,529 Est. Cost $110.50 Unrealized -18.5%

TJX TJX Cos Inc 0.0%

Value ($000) $70 Shares 455 Est. Cost $120.10 Unrealized +23.0%

ETSY Etsy Inc Com 0.0%

Value ($000) $19 Shares 350 Est. Cost $78.03 Unrealized -21.8%

— Atlanticus Holdings Co Pfd NT 0.1%

Value ($000) $222 Shares 8,778 Est. Cost $25.02 Unrealized —

BK Bank of New York Mellon 0.0%

Value ($000) $46 Shares 400 Est. Cost $38.28 Unrealized +188.6%

RGA ReInsurance Group Amer 0.0%

Value ($000) $51 Shares 250 Est. Cost $101.96 Unrealized +89.7%

— Pennymac Mtg Invt Tr Pfd Ser A 0.0%

Value ($000) $96 Shares 4,000 Est. Cost $26.00 Unrealized —

CWT California Wtr Svc Group 0.0%

Value ($000) $43 Shares 1,000 Est. Cost $49.86 Unrealized -9.5%

PINS Pinterest Inc Cl A 0.0%

Value ($000) $10 Shares 400 Est. Cost $27.23 Unrealized +5.7%

ET Energy Transfer L P Com UT Ltd 0.0%

Value ($000) $59 Shares 3,600 Est. Cost $8.69 Unrealized —

AWR Amer States Water Co 0.0%

Value ($000) $201 Shares 2,780 Est. Cost $69.75 Unrealized +5.2%

TSLA Tesla Inc Com 0.0%

Value ($000) $202 Shares 450 Est. Cost $269.87 Unrealized +64.3%

RITM Rithm Capital Corp 0.0%

Value ($000) $49 Shares 4,500 Est. Cost $9.33 Unrealized —

ACN Accenture PLC Ireland Cl A Shs 0.0%

Value ($000) $27 Shares 100 Est. Cost $349.45 Unrealized -27.3%

NVO Novo-Nordisk A/S ADR 0.0%

Value ($000) $23 Shares 450 Est. Cost $86.02 Unrealized —

— Rithm Capital Corp 7.125 Pfd S 0.4%

Value ($000) $1,667 Shares 65,491 Est. Cost $23.19 Unrealized —

TEL TE Connectivity PLC Ord Shs 0.0%

Value ($000) $55 Shares 240 Est. Cost $146.50 Unrealized +57.9%

— AG Mortgage Inv Tr 8.25 Pfd Se 0.0%

Value ($000) $39 Shares 1,700 Est. Cost $24.59 Unrealized —

CSX CSX Corp 0.0%

Value ($000) $71 Shares 1,950 Est. Cost $25.93 Unrealized +37.7%

MCD McDonalds Corp 0.1%

Value ($000) $244 Shares 797 Est. Cost $185.54 Unrealized +64.4%

— AGNC Invt Corp 7 Pfd Ser C 0.0%

Value ($000) $38 Shares 1,500 Est. Cost $25.03 Unrealized —

PCRHY Panasonic Hldgs Corp Unspons A 0.0%

Value ($000) $6 Shares 465 Est. Cost $8.19 Unrealized —

— Annaly Capital Mgmt 6.95 Pfd S 0.0%

Value ($000) $84 Shares 3,300 Est. Cost $25.32 Unrealized —

BUD Anheuser Busch Inbev S Sponsor 0.0%

Value ($000) $13 Shares 200 Est. Cost $61.06 Unrealized —

NKE Nike, Inc. Cl B 0.0%

Value ($000) $8 Shares 125 Est. Cost $129.56 Unrealized -49.9%

TTWO Take-Two Interactive S Com 0.0%

Value ($000) $77 Shares 300 Est. Cost $130.78 Unrealized +90.6%

— Rithm Capital Corp 7.125 Pfd S 0.0%

Value ($000) $67 Shares 2,700 Est. Cost $21.28 Unrealized —

UNP Union Pac Corp 0.0%

Value ($000) $29 Shares 124 Est. Cost $122.94 Unrealized +84.9%

MDT Medtronic PLC Shs 0.0%

Value ($000) $58 Shares 600 Est. Cost $74.52 Unrealized +30.4%

PM Philip Morris Intl Inc Com 0.0%

Value ($000) $30 Shares 190 Est. Cost $136.99 Unrealized +12.1%

TSM Taiwan Semiconductor ADR 0.0%

Value ($000) $3 Shares 10 Est. Cost $226.50 Unrealized —

SBUX Starbucks Corp 0.0%

Value ($000) $34 Shares 400 Est. Cost $43.82 Unrealized +91.8%

— Berkshire Hathaway Cl B 0.2%

Value ($000) $698 Shares 1,389 Est. Cost $226.22 Unrealized —

— Boeing Co Conv Pfd A 0.1%

Value ($000) $333 Shares 4,800 Est. Cost $68.24 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HIMS	HIMS & HERS Health Inc Com CL	352,445	$11,444	2.8%	$24.77	+72.9%	COM	433000106
GNRC	Generac Hldgs Inc.	97,747	$13,330	3.2%	$113.11	+42.7%	COM	368736104
COF	Capital One Finl Corp	77,630	$18,814	4.6%	$75.39	+194.7%	COM	14040H105
AAPL	Apple, Inc.	118,438	$32,199	7.8%	$88.07	+204.7%	COM	037833100
COST	Costco Wholesale	24,458	$21,091	5.1%	$167.50	+440.7%	COM	22160K105
ROP	Roper Technologies Inc	28,024	$12,474	3.0%	$227.19	+103.4%	COM	776696106
DHR	Danaher Corp Del COM	52,680	$12,060	2.9%	$124.61	+76.2%	COM	235851102
RGEN	Repligen Corp	41,100	$6,735	1.6%	$121.47	+28.9%	COM	759916109
JNJ	Johnson & Johnson	51,056	$10,566	2.6%	$92.04	+114.1%	COM	478160104
BR	Broadridge Financial Solutions	61,082	$13,632	3.3%	$82.22	+176.5%	COM	11133T103
KNSL	Kinsale Cap Group Inc.	23,627	$9,241	2.2%	$452.97	-10.0%	COM	49714P108
AMZN	Amazon Com Inc Com	56,340	$13,004	3.2%	$183.44	+24.7%	COM	023135106
ICE	Intercontinental Exchange Grou	92,573	$14,993	3.6%	$66.85	+133.7%	COM	45866F104
UNH	Unitedhealth Group Inc.	38,539	$12,722	3.1%	$374.94	-10.1%	COM	91324P102
ICLR	Icon PLC SHS	60,116	$10,954	2.7%	$167.36	+6.4%	COM	G4705A100
CSCO	Cisco Systems	45,062	$3,471	0.8%	$20.82	+254.5%	COM	17275R102
ALB	Albemarle Corp.	4,782	$676	0.2%	$104.48	+8.4%	COM	012653101
HXL	Hexcel Corp	21,496	$1,589	0.4%	$52.89	+33.7%	COM	428291108
PG	Procter & Gamble Co.	22,540	$3,230	0.8%	$105.97	+38.9%	COM	742718109
VRSN	Verisign Inc. Com.	4,995	$1,214	0.3%	$45.93	+446.0%	COM	92343E102
PEP	Pepsico Inc	62,269	$8,937	2.2%	$80.75	+80.7%	COM	713448108
CAT	Caterpillar Inc	979	$561	0.1%	$326.43	+70.2%	COM	149123101
EW	Edwards Lifesciences Inc.	10,525	$897	0.2%	$72.15	+13.7%	COM	28176E108
GILD	Gilead Sciences Inc.	6,294	$773	0.2%	$57.23	+111.2%	COM	375558103
AFL	AFLAC Inc.	47,161	$5,200	1.3%	$26.38	+316.4%	COM	001055102
SCHW	Charles Schwab Corp (New)	14,807	$1,479	0.4%	$21.81	+334.3%	COM	808513105
AMGN	Amgen, Inc. Com	1,398	$458	0.1%	$149.74	+111.0%	COM	031162100
WMT	WalMart Inc	7,500	$836	0.2%	$63.80	+68.0%	COM	931142103
T	AT&T Inc	18,106	$450	0.1%	$16.00	+58.1%	COM	00206R102
CVX	Chevron Corp	19,600	$2,987	0.7%	$81.49	+85.8%	COM	166764100
REGN	Regeneron Pharmaceutical Com	263	$203	0.0%	$430.74	+57.6%	COM	75886F107
ABT	Abbott Labs	5,910	$740	0.2%	$108.63	+17.2%	COM	002824100
AVY	Avery Dennison Corp.	2,500	$455	0.1%	$125.19	+37.6%	COM	053611109
—	AT&T Inc 5 Dep Rep Pfd Ser A	59,300	$1,197	0.3%	$21.37	—	PRD	00206R508
TMO	Thermo Fisher Scientific	500	$290	0.1%	$535.68	+5.5%	COM	883556102
KIM	Kimco Realty Corp Com	28,350	$575	0.1%	$19.53	+5.4%	COM	49446R109
IBM	Int'l Bus Mach	3,008	$891	0.2%	$163.44	+82.8%	COM	459200101
WFC	Wells Fargo Co New Com	4,400	$410	0.1%	$54.23	+59.7%	COM	949746101
BAC	Bank of America Corp	11,846	$652	0.2%	$35.70	+47.5%	COM	060505104
VRTX	Vertex Pharmaceuticals Com	585	$265	0.1%	$170.37	+153.0%	COM	92532F100
—	Ford Mtr 6.20 Pfd Due 06/01/20	19,200	$402	0.1%	$25.03	—	PRD	345370845
ABBV	AbbVie Inc.	8,957	$2,047	0.5%	$72.42	+214.2%	COM	00287Y109
KO	Coca Cola Co	6,931	$485	0.1%	$43.89	+58.1%	COM	191216100
ZTS	Zoetis Inc Cl A	1,075	$135	0.0%	$139.50	-6.6%	COM	98978V103
HON	Honeywell Intl Inc	1,373	$268	0.1%	$181.35	+7.5%	COM	438516106
—	Wells Fargo & Co New Perp Pfd	887	$1,076	0.3%	$1416.25	—	PRD	949746804
MAT	Mattel Inc Com	5,800	$115	0.0%	$21.36	-9.6%	COM	577081102
AMT	American Tower Corp NE Com	1,020	$179	0.0%	$192.91	-6.5%	COM	03027X100
STT	State Street Corp	1,050	$135	0.0%	$66.07	+80.1%	COM	857477103
VZ	Verizon Communications	3,807	$155	0.0%	$30.29	+33.6%	COM	92343V104
AIR	AAR Corp Com	1,775	$147	0.0%	$76.12	+8.7%	COM	000361105
BYDDF	BYD Co Ltd Shs H	6,000	$73	0.0%	$13.78	-6.5%	COM	Y1023R104
MCK	McKesson Corp	240	$197	0.0%	$552.61	+47.6%	COM	58155Q103
—	GE Aerospace	1,394	$429	0.1%	$33.89	—	COM	369604103
EXAS	Exact Sciences Corp.	200	$20	0.0%	$104.04	-22.8%	COM	30063P105
NSC	Norfolk Southern Corp	800	$231	0.1%	$228.85	+26.1%	COM	655844108
DE	Deere & Co.	1,075	$500	0.1%	$379.86	+23.1%	COM	244199105
SHEL	Shell PLC Spons ADS	4,400	$323	0.1%	$57.49	—	COM	780259305
MMM	3M Co.	1,649	$264	0.1%	$101.14	+61.3%	COM	88579Y101
META	Meta Platforms, Inc Cl A	100	$66	0.0%	$238.03	+180.4%	COM	30303M102
VOOG	Vanguard SP500 Growth ETF	665	$296	0.1%	$304.71	—	COM	921932505
ADP	Automatic Data Processing Inc	153	$39	0.0%	$295.41	-10.4%	COM	053015103
VFC	V F Corp	1,475	$27	0.0%	$64.74	-75.0%	COM	918204108
PFE	Pfizer Inc	9,130	$227	0.1%	$25.57	-2.1%	COM	717081103
BLK	Blackrock Inc	53	$57	0.0%	$961.85	+13.3%	COM	09290D101
FNV	Franco Nevada Corp	300	$62	0.0%	$115.11	+76.2%	COM	351858105
—	AG Mortgage Inv Tr 8 Pfd Ser B	10,105	$225	0.1%	$24.25	—	PRD	001228303
COP	ConocoPhillips Com	4,529	$424	0.1%	$110.50	-18.5%	COM	20825C104
TJX	TJX Cos Inc	455	$70	0.0%	$120.10	+23.0%	COM	872540109
ETSY	Etsy Inc Com	350	$19	0.0%	$78.03	-21.8%	COM	29786A106
—	Atlanticus Holdings Co Pfd NT	8,778	$222	0.1%	$25.02	—	PRD	04914Y409
BK	Bank of New York Mellon	400	$46	0.0%	$38.28	+188.6%	COM	064058100
RGA	ReInsurance Group Amer	250	$51	0.0%	$101.96	+89.7%	COM	759351604
—	Pennymac Mtg Invt Tr Pfd Ser A	4,000	$96	0.0%	$26.00	—	PRD	70931T301
CWT	California Wtr Svc Group	1,000	$43	0.0%	$49.86	-9.5%	COM	130788102
PINS	Pinterest Inc Cl A	400	$10	0.0%	$27.23	+5.7%	COM	72352L106
ET	Energy Transfer L P Com UT Ltd	3,600	$59	0.0%	$8.69	—	COM	29273V100
AWR	Amer States Water Co	2,780	$201	0.0%	$69.75	+5.2%	COM	029899101
TSLA	Tesla Inc Com	450	$202	0.0%	$269.87	+64.3%	COM	88160R101
RITM	Rithm Capital Corp	4,500	$49	0.0%	$9.33	—	COM	64828T201
ACN	Accenture PLC Ireland Cl A Shs	100	$27	0.0%	$349.45	-27.3%	COM	G1151C101
NVO	Novo-Nordisk A/S ADR	450	$23	0.0%	$86.02	—	COM	670100205
—	Rithm Capital Corp 7.125 Pfd S	65,491	$1,667	0.4%	$23.19	—	PRD	64828T409
TEL	TE Connectivity PLC Ord Shs	240	$55	0.0%	$146.50	+57.9%	COM	G87052109
—	AG Mortgage Inv Tr 8.25 Pfd Se	1,700	$39	0.0%	$24.59	—	PRD	001228204
CSX	CSX Corp	1,950	$71	0.0%	$25.93	+37.7%	COM	126408103
MCD	McDonalds Corp	797	$244	0.1%	$185.54	+64.4%	COM	580135101
—	AGNC Invt Corp 7 Pfd Ser C	1,500	$38	0.0%	$25.03	—	PRD	00123Q500
PCRHY	Panasonic Hldgs Corp Unspons A	465	$6	0.0%	$8.19	—	COM	69832A304
—	Annaly Capital Mgmt 6.95 Pfd S	3,300	$84	0.0%	$25.32	—	PRD	035710870
BUD	Anheuser Busch Inbev S Sponsor	200	$13	0.0%	$61.06	—	COM	03524A108
NKE	Nike, Inc. Cl B	125	$8	0.0%	$129.56	-49.9%	COM	654106103
TTWO	Take-Two Interactive S Com	300	$77	0.0%	$130.78	+90.6%	COM	874054109
—	Rithm Capital Corp 7.125 Pfd S	2,700	$67	0.0%	$21.28	—	PRD	64828T508
UNP	Union Pac Corp	124	$29	0.0%	$122.94	+84.9%	COM	907818108
MDT	Medtronic PLC Shs	600	$58	0.0%	$74.52	+30.4%	COM	G5960L103
PM	Philip Morris Intl Inc Com	190	$30	0.0%	$136.99	+12.1%	COM	718172109
TSM	Taiwan Semiconductor ADR	10	$3	0.0%	$226.50	—	COM	874039100
SBUX	Starbucks Corp	400	$34	0.0%	$43.82	+91.8%	COM	855244109
—	Berkshire Hathaway Cl B	1,389	$698	0.2%	$226.22	—	COM	084670207
—	Boeing Co Conv Pfd A	4,800	$333	0.1%	$68.24	—	PRD	097023204