PIONEER TRUST BANK N A/OR Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
T	AT&T Inc Com	135,502 (+1425.4%)	$3,366 (+1241.8%)	0.8%	$25.04	+1.0%	Com	00206R102
ETN	Eaton Corp PLC Com	6,230 (+669.1%)	$1,984 (+554.6%)	0.5%	$343.77	+3.1%	Com	G29183103
CSCO	Cisco Sys Inc Com	127,060 (+2.4%)	$9,787 (+15.3%)	2.3%	$27.90	+164.5%	Com	17275R102
NVDA	NVIDIA Corp Com	69,510 (+3.1%)	$12,964 (+3.0%)	3.0%	$139.26	+33.7%	Com	67066G104
USB	US Bancorp Del Com New	23,046 (+3.0%)	$1,230 (+13.8%)	0.3%	$31.00	+57.2%	Com	902973304
LMT	Lockheed Martin Corp Com	1,979 (+1.0%)	$957 (-2.1%)	0.2%	$315.66	+50.9%	Com	539830109
BX	Blackstone Inc Com	1,490 (+3.5%)	$230 (-6.6%)	0.1%	$134.26	+12.8%	Com	09260D107

Exited Positions (3)

CMCSA Comcast Corp New Cl A 0.9%

Value ($000) $3,783 Shares 120,401 Est. Cost $37.98 Unrealized -24.9%

SCHI Schwab Strategic 5-10 Year Corp Bd ETF 0.1%

Value ($000) $274 Shares 11,870 Est. Cost $23.08 Unrealized —

VZ Verizon Communications Corp Com 0.1%

Value ($000) $221 Shares 5,030 Est. Cost $36.84 Unrealized +9.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMCSA	Comcast Corp New Cl A	120,401	$3,783	0.9%	$37.98	-24.9%	—	20030N101
SCHI	Schwab Strategic 5-10 Year Corp Bd ETF	11,870	$274	0.1%	$23.08	—	—	808524698
VZ	Verizon Communications Corp Com	5,030	$221	0.1%	$36.84	+9.9%	—	92343V104

Decreased Positions (21)

GOOG Alphabet Inc Cl C 6.0%

Value ($000) $25,831 (+16.3%) Shares 82,317 (-9.8%) Est. Cost $114.37 Unrealized +150.4%

LLY Lilly (Eli) & Co Com 2.5%

Value ($000) $10,955 (+38.7%) Shares 10,194 (-1.5%) Est. Cost $568.71 Unrealized +68.0%

AAPL Apple Inc 7.6%

Value ($000) $32,767 (+5.4%) Shares 120,528 (-1.3%) Est. Cost $92.03 Unrealized +191.6%

GOOGL Alphabet Inc Cl A 1.4%

Value ($000) $5,929 (+27.2%) Shares 18,944 (-1.2%) Est. Cost $109.33 Unrealized +161.2%

JNJ Johnson & Johnson Com 1.9%

Value ($000) $8,392 (+10.4%) Shares 40,550 (-1.1%) Est. Cost $89.17 Unrealized +120.9%

ACN Accenture PLC Com 2.6%

Value ($000) $11,183 (+7.1%) Shares 41,680 (-1.6%) Est. Cost $118.68 Unrealized +114.1%

NKE Nike Inc Cl B Com 1.0%

Value ($000) $4,264 (-11.3%) Shares 66,935 (-3.0%) Est. Cost $51.34 Unrealized +26.4%

ADBE Adobe Inc Com 1.0%

Value ($000) $4,429 (-10.9%) Shares 12,654 (-10.2%) Est. Cost $399.92 Unrealized -15.0%

UNH UnitedHealth Group Com 1.9%

Value ($000) $8,226 (-6.1%) Shares 24,918 (-1.7%) Est. Cost $145.52 Unrealized +131.7%

DIS Disney Walt Co Hldg Co Com 1.4%

Value ($000) $5,985 (-7.2%) Shares 52,604 (-6.6%) Est. Cost $76.80 Unrealized +42.6%

XOM ExxonMobil Corp Com 1.6%

Value ($000) $6,822 (+5.5%) Shares 56,692 (-1.1%) Est. Cost $75.39 Unrealized +53.2%

TJX TJX Cos Inc Com New 1.4%

Value ($000) $5,980 (-3.9%) Shares 38,928 (-9.6%) Est. Cost $55.96 Unrealized +163.9%

RTX RTX Corporation 1.7%

Value ($000) $7,116 (+3.4%) Shares 38,799 (-5.7%) Est. Cost $79.35 Unrealized +118.4%

WMT Walmart Inc Com 0.5%

Value ($000) $2,167 (+6.2%) Shares 19,450 (-1.8%) Est. Cost $56.26 Unrealized +90.5%

VMI Valmont Inds Inc Com 4.2%

Value ($000) $18,255 (-0.7%) Shares 45,375 (-4.3%) Est. Cost $154.02 Unrealized +164.2%

PEP PepsiCo Inc Com 1.7%

Value ($000) $7,404 (-1.6%) Shares 51,592 (-3.7%) Est. Cost $79.33 Unrealized +83.9%

LIN Linde Plc 0.1%

Value ($000) $433 (-11.5%) Shares 1,016 (-1.5%) Est. Cost $326.20 Unrealized +31.0%

SPY SPDR S&P 500 ETF 5.1%

Value ($000) $21,930 (+0.1%) Shares 32,159 (-2.2%) Est. Cost $475.11 Unrealized —

KO Coca Cola Co Com 0.2%

Value ($000) $890 (+3.1%) Shares 12,729 (-2.2%) Est. Cost $32.20 Unrealized +115.5%

DUK Duke Energy Corp New Com New 0.1%

Value ($000) $234 (-8.3%) Shares 2,000 (-3.2%) Est. Cost $110.55 Unrealized +10.0%

AVGO Broadcom Inc Com 0.2%

Value ($000) $653 (-0.1%) Shares 1,887 (-4.8%) Est. Cost $159.40 Unrealized +124.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	Alphabet Inc Cl C	82,317 (-9.8%)	$25,831 (+16.3%)	6.0%	$114.37	+150.4%	Com	02079K107
LLY	Lilly (Eli) & Co Com	10,194 (-1.5%)	$10,955 (+38.7%)	2.5%	$568.71	+68.0%	Com	532457108
AAPL	Apple Inc	120,528 (-1.3%)	$32,767 (+5.4%)	7.6%	$92.03	+191.6%	Com	037833100
GOOGL	Alphabet Inc Cl A	18,944 (-1.2%)	$5,929 (+27.2%)	1.4%	$109.33	+161.2%	Com	02079K305
JNJ	Johnson & Johnson Com	40,550 (-1.1%)	$8,392 (+10.4%)	1.9%	$89.17	+120.9%	Com	478160104
ACN	Accenture PLC Com	41,680 (-1.6%)	$11,183 (+7.1%)	2.6%	$118.68	+114.1%	Com	G1151C101
NKE	Nike Inc Cl B Com	66,935 (-3.0%)	$4,264 (-11.3%)	1.0%	$51.34	+26.4%	Com	654106103
ADBE	Adobe Inc Com	12,654 (-10.2%)	$4,429 (-10.9%)	1.0%	$399.92	-15.0%	Com	00724F101
UNH	UnitedHealth Group Com	24,918 (-1.7%)	$8,226 (-6.1%)	1.9%	$145.52	+131.7%	Com	91324P102
DIS	Disney Walt Co Hldg Co Com	52,604 (-6.6%)	$5,985 (-7.2%)	1.4%	$76.80	+42.6%	Com	254687106
XOM	ExxonMobil Corp Com	56,692 (-1.1%)	$6,822 (+5.5%)	1.6%	$75.39	+53.2%	Com	30231G102
TJX	TJX Cos Inc Com New	38,928 (-9.6%)	$5,980 (-3.9%)	1.4%	$55.96	+163.9%	Com	872540109
RTX	RTX Corporation	38,799 (-5.7%)	$7,116 (+3.4%)	1.7%	$79.35	+118.4%	Com	75513E101
WMT	Walmart Inc Com	19,450 (-1.8%)	$2,167 (+6.2%)	0.5%	$56.26	+90.5%	Com	931142103
VMI	Valmont Inds Inc Com	45,375 (-4.3%)	$18,255 (-0.7%)	4.2%	$154.02	+164.2%	Com	920253101
PEP	PepsiCo Inc Com	51,592 (-3.7%)	$7,404 (-1.6%)	1.7%	$79.33	+83.9%	Com	713448108
LIN	Linde Plc	1,016 (-1.5%)	$433 (-11.5%)	0.1%	$326.20	+31.0%	Com	G54950103
SPY	SPDR S&P 500 ETF	32,159 (-2.2%)	$21,930 (+0.1%)	5.1%	$475.11	—	Com	78462F103
KO	Coca Cola Co Com	12,729 (-2.2%)	$890 (+3.1%)	0.2%	$32.20	+115.5%	Com	191216100
DUK	Duke Energy Corp New Com New	2,000 (-3.2%)	$234 (-8.3%)	0.1%	$110.55	+10.0%	Com	26441C204
AVGO	Broadcom Inc Com	1,887 (-4.8%)	$653 (-0.1%)	0.2%	$159.40	+124.0%	Com	11135F101

Unchanged Positions (47)

ORCL Oracle Corp Com 3.6%

Value ($000) $15,652 Shares 80,306 Est. Cost $37.14 Unrealized +540.9%

MSFT Microsoft Corp Com 7.6%

Value ($000) $32,768 Shares 67,756 Est. Cost $59.93 Unrealized +735.2%

BLK BlackRock Inc New Com 2.4%

Value ($000) $10,181 Shares 9,512 Est. Cost $991.05 Unrealized +9.9%

DHR Danaher Corp Com 1.6%

Value ($000) $6,741 Shares 29,446 Est. Cost $69.22 Unrealized +217.2%

CRM Salesforce Inc Com 1.5%

Value ($000) $6,579 Shares 24,834 Est. Cost $203.95 Unrealized +21.7%

AMZN Amazon Inc Com 3.3%

Value ($000) $14,112 Shares 61,140 Est. Cost $140.78 Unrealized +62.5%

ABT Abbott Labs Com 1.7%

Value ($000) $7,372 Shares 58,840 Est. Cost $42.04 Unrealized +202.8%

HON Honeywell Intl Inc Com 1.3%

Value ($000) $5,678 Shares 29,104 Est. Cost $127.36 Unrealized +53.1%

PG Procter & Gamble Co Com 1.5%

Value ($000) $6,310 Shares 44,028 Est. Cost $73.36 Unrealized +100.6%

ITW Illinois Tool Wks Inc Com 1.7%

Value ($000) $7,150 Shares 29,028 Est. Cost $108.61 Unrealized +127.9%

NEE NextEra Energy Inc Com 1.7%

Value ($000) $7,133 Shares 88,848 Est. Cost $57.67 Unrealized +43.1%

JPM JP Morgan Chase & Co Com 3.4%

Value ($000) $14,772 Shares 45,845 Est. Cost $60.49 Unrealized +411.7%

LOW Lowes Cos Inc Com 1.5%

Value ($000) $6,634 Shares 27,510 Est. Cost $91.57 Unrealized +161.9%

V Visa Inc Com 2.3%

Value ($000) $9,908 Shares 28,250 Est. Cost $135.59 Unrealized +151.0%

AMGN Amgen Inc Com 0.4%

Value ($000) $1,681 Shares 5,135 Est. Cost $172.74 Unrealized +82.9%

CVX Chevron Corp Com 1.6%

Value ($000) $6,856 Shares 44,984 Est. Cost $82.42 Unrealized +83.7%

MRK Merck & Co Inc New Com 0.2%

Value ($000) $724 Shares 6,877 Est. Cost $78.18 Unrealized +19.3%

COST Costco Whsl Corp New Com 0.3%

Value ($000) $1,460 Shares 1,693 Est. Cost $424.27 Unrealized +113.5%

AXP American Express Co Com 0.2%

Value ($000) $962 Shares 2,600 Est. Cost $65.52 Unrealized +444.8%

CAT Caterpillar Inc Com 0.1%

Value ($000) $391 Shares 683 Est. Cost $338.69 Unrealized +64.0%

WFC Wells Fargo & Co New Com 0.1%

Value ($000) $550 Shares 5,900 Est. Cost $30.50 Unrealized +184.1%

BRK/B Berkshire Hathaway Inc Com Cl B 5.9%

Value ($000) $25,446 Shares 50,623 Est. Cost $154.05 Unrealized +223.0%

HD Home Depot Inc Com 0.1%

Value ($000) $226 Shares 658 Est. Cost $347.18 Unrealized +5.0%

TT Trane Technologies Plc 0.1%

Value ($000) $475 Shares 1,220 Est. Cost $159.34 Unrealized +159.6%

ITOT IShares Core S&P Total U S Stock Market ETF 0.4%

Value ($000) $1,747 Shares 11,750 Est. Cost $88.47 Unrealized —

IBM International Business Machines Corp Com 0.1%

Value ($000) $518 Shares 1,748 Est. Cost $115.62 Unrealized +158.4%

META Meta Platforms Inc Com 0.0%

Value ($000) $203 Shares 308 Est. Cost $743.23 Unrealized -10.2%

UNP Union Pac Corp Com 0.2%

Value ($000) $736 Shares 3,180 Est. Cost $83.20 Unrealized +173.2%

ABBV AbbVie Inc Com 0.2%

Value ($000) $944 Shares 4,133 Est. Cost $55.90 Unrealized +307.0%

MCD McDonalds Corp Com 1.2%

Value ($000) $5,240 Shares 17,146 Est. Cost $119.46 Unrealized +155.4%

CSX CSX Corp Com 0.2%

Value ($000) $848 Shares 23,385 Est. Cost $25.75 Unrealized +38.6%

IJH IShares Core S&P Mid-Cap ETF 0.3%

Value ($000) $1,234 Shares 18,700 Est. Cost $96.79 Unrealized —

EFA IShares MSCI EAFE INDEX 0.1%

Value ($000) $499 Shares 5,200 Est. Cost $64.51 Unrealized —

IWP IShares Russell Mid-Cap Growth 0.1%

Value ($000) $329 Shares 2,400 Est. Cost $83.60 Unrealized —

IWM IShares Russell 2000 Index Fund 0.2%

Value ($000) $759 Shares 3,085 Est. Cost $130.88 Unrealized —

SCHX Schwab US Large-Cap ETF 0.1%

Value ($000) $598 Shares 22,222 Est. Cost $29.71 Unrealized —

PNC PNC Financial Services Group Com 0.1%

Value ($000) $236 Shares 1,130 Est. Cost $165.97 Unrealized +16.2%

IJR IShares TR Core S&P Small-Cap ETF 0.2%

Value ($000) $751 Shares 6,253 Est. Cost $101.18 Unrealized —

AFL AFLAC Inc Com 0.1%

Value ($000) $594 Shares 5,390 Est. Cost $50.98 Unrealized +115.5%

EMR Emerson Electric Co Com 0.1%

Value ($000) $563 Shares 4,239 Est. Cost $118.79 Unrealized +11.4%

SBUX Starbucks Corp Com 0.2%

Value ($000) $962 Shares 11,427 Est. Cost $65.49 Unrealized +28.3%

VGT Vanguard Information Technology ETF 0.1%

Value ($000) $377 Shares 500 Est. Cost $442.16 Unrealized —

AON Aon Plc Com 0.1%

Value ($000) $324 Shares 919 Est. Cost $212.41 Unrealized +64.4%

MDY SPDR S&P Mid Cap 400 ETF 0.1%

Value ($000) $439 Shares 728 Est. Cost $442.79 Unrealized —

BA Boeing Co Com 0.1%

Value ($000) $423 Shares 1,950 Est. Cost $220.43 Unrealized -6.7%

PM Philip Morris Intl Inc Com 0.0%

Value ($000) $203 Shares 1,268 Est. Cost $165.18 Unrealized -7.0%

IJT IShares S & P Small Cap 600 Growth 0.1%

Value ($000) $311 Shares 2,200 Est. Cost $114.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	Oracle Corp Com	80,306	$15,652	3.6%	$37.14	+540.9%	Com	68389X105
MSFT	Microsoft Corp Com	67,756	$32,768	7.6%	$59.93	+735.2%	Com	594918104
BLK	BlackRock Inc New Com	9,512	$10,181	2.4%	$991.05	+9.9%	Com	09290D101
DHR	Danaher Corp Com	29,446	$6,741	1.6%	$69.22	+217.2%	Com	235851102
CRM	Salesforce Inc Com	24,834	$6,579	1.5%	$203.95	+21.7%	Com	79466L302
AMZN	Amazon Inc Com	61,140	$14,112	3.3%	$140.78	+62.5%	Com	023135106
ABT	Abbott Labs Com	58,840	$7,372	1.7%	$42.04	+202.8%	Com	002824100
HON	Honeywell Intl Inc Com	29,104	$5,678	1.3%	$127.36	+53.1%	Com	438516106
PG	Procter & Gamble Co Com	44,028	$6,310	1.5%	$73.36	+100.6%	Com	742718109
ITW	Illinois Tool Wks Inc Com	29,028	$7,150	1.7%	$108.61	+127.9%	Com	452308109
NEE	NextEra Energy Inc Com	88,848	$7,133	1.7%	$57.67	+43.1%	Com	65339F101
JPM	JP Morgan Chase & Co Com	45,845	$14,772	3.4%	$60.49	+411.7%	Com	46625H100
LOW	Lowes Cos Inc Com	27,510	$6,634	1.5%	$91.57	+161.9%	Com	548661107
V	Visa Inc Com	28,250	$9,908	2.3%	$135.59	+151.0%	Com	92826C839
AMGN	Amgen Inc Com	5,135	$1,681	0.4%	$172.74	+82.9%	Com	031162100
CVX	Chevron Corp Com	44,984	$6,856	1.6%	$82.42	+83.7%	Com	166764100
MRK	Merck & Co Inc New Com	6,877	$724	0.2%	$78.18	+19.3%	Com	58933Y105
COST	Costco Whsl Corp New Com	1,693	$1,460	0.3%	$424.27	+113.5%	Com	22160K105
AXP	American Express Co Com	2,600	$962	0.2%	$65.52	+444.8%	Com	025816109
CAT	Caterpillar Inc Com	683	$391	0.1%	$338.69	+64.0%	Com	149123101
WFC	Wells Fargo & Co New Com	5,900	$550	0.1%	$30.50	+184.1%	Com	949746101
BRK/B	Berkshire Hathaway Inc Com Cl B	50,623	$25,446	5.9%	$154.05	+223.0%	Com	084670702
HD	Home Depot Inc Com	658	$226	0.1%	$347.18	+5.0%	Com	437076102
TT	Trane Technologies Plc	1,220	$475	0.1%	$159.34	+159.6%	Com	G8994E103
ITOT	IShares Core S&P Total U S Stock Market ETF	11,750	$1,747	0.4%	$88.47	—	Com	464287150
IBM	International Business Machines Corp Com	1,748	$518	0.1%	$115.62	+158.4%	Com	459200101
META	Meta Platforms Inc Com	308	$203	0.0%	$743.23	-10.2%	Com	30303M102
UNP	Union Pac Corp Com	3,180	$736	0.2%	$83.20	+173.2%	Com	907818108
ABBV	AbbVie Inc Com	4,133	$944	0.2%	$55.90	+307.0%	Com	00287Y109
MCD	McDonalds Corp Com	17,146	$5,240	1.2%	$119.46	+155.4%	Com	580135101
CSX	CSX Corp Com	23,385	$848	0.2%	$25.75	+38.6%	Com	126408103
IJH	IShares Core S&P Mid-Cap ETF	18,700	$1,234	0.3%	$96.79	—	Com	464287507
EFA	IShares MSCI EAFE INDEX	5,200	$499	0.1%	$64.51	—	Com	464287465
IWP	IShares Russell Mid-Cap Growth	2,400	$329	0.1%	$83.60	—	Com	464287481
IWM	IShares Russell 2000 Index Fund	3,085	$759	0.2%	$130.88	—	Com	464287655
SCHX	Schwab US Large-Cap ETF	22,222	$598	0.1%	$29.71	—	Com	808524201
PNC	PNC Financial Services Group Com	1,130	$236	0.1%	$165.97	+16.2%	Com	693475105
IJR	IShares TR Core S&P Small-Cap ETF	6,253	$751	0.2%	$101.18	—	Com	464287804
AFL	AFLAC Inc Com	5,390	$594	0.1%	$50.98	+115.5%	Com	001055102
EMR	Emerson Electric Co Com	4,239	$563	0.1%	$118.79	+11.4%	Com	291011104
SBUX	Starbucks Corp Com	11,427	$962	0.2%	$65.49	+28.3%	Com	855244109
VGT	Vanguard Information Technology ETF	500	$377	0.1%	$442.16	—	Com	92204A702
AON	Aon Plc Com	919	$324	0.1%	$212.41	+64.4%	Com	G0403H108
MDY	SPDR S&P Mid Cap 400 ETF	728	$439	0.1%	$442.79	—	Com	78467Y107
BA	Boeing Co Com	1,950	$423	0.1%	$220.43	-6.7%	Com	097023105
PM	Philip Morris Intl Inc Com	1,268	$203	0.0%	$165.18	-7.0%	Com	718172109
IJT	IShares S & P Small Cap 600 Growth	2,200	$311	0.1%	$114.09	—	Com	464287887