MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	STATE STRET ENRGY SLECT SEC SP	56,180 (+93.1%)	$2,512 (-3.4%)	1.6%	$66.79	—	COM	81369y506
EPSN	EPSILON ENERGY LTD F	135,900 (+1.9%)	$631 (-6.2%)	0.4%	$5.86	-18.6%	COM	294375209
—	LGL GROUP INC TRADES WITH DUE	87,500 (+18.2%)	$503 (+1.9%)	0.3%	$4.70	—	COM	50186a108
FNMA	FEDERAL NATIONAL MORTGAGE ASSO	13,000 (+8.3%)	$139 (-3.5%)	0.1%	$8.11	+34.8%	COM	313586109

Exited Positions (3)

— M-TRON INDS INC 28 WTS WARRANT 0.0%

Value ($000) $39 Shares 22,000 Est. Cost $1.04 Unrealized —

— LGL GROUP INC 25 WTS WARRANTS 0.0%

Value ($000) $18 Shares 57,000 Est. Cost $0.20 Unrealized —

— PANTHEON RESOURCES ORDF 0.0%

Value ($000) $13 Shares 40,000 Est. Cost $0.34 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	M-TRON INDS INC 28 WTS WARRANT	22,000	$39	0.0%	$1.04	—	—	55380k125
—	LGL GROUP INC 25 WTS WARRANTS	57,000	$18	0.0%	$0.20	—	—	50186a132
—	PANTHEON RESOURCES ORDF	40,000	$13	0.0%	$0.34	—	—	g69014101

Decreased Positions (40)

— DUPONT DE NEMOURS INC IA 0.9%

Value ($000) $1,460 (-57.1%) Shares 36,322 (-16.8%) Est. Cost $70.82 Unrealized —

— MARATHON PETE CORP 4.9%

Value ($000) $7,873 (-19.2%) Shares 48,410 (-4.3%) Est. Cost $116.39 Unrealized —

AMAT APPLIED MATLS INC 6.2%

Value ($000) $9,820 (+18.7%) Shares 38,210 (-5.5%) Est. Cost $93.28 Unrealized +156.8%

MSFT MICROSOFT CORP 9.1%

Value ($000) $14,527 (-9.2%) Shares 30,039 (-2.8%) Est. Cost $234.05 Unrealized +113.9%

— BLACKSTONE INC 5.6%

Value ($000) $8,911 (-11.6%) Shares 57,810 (-2.1%) Est. Cost $74.19 Unrealized —

NEM NEWMONT CORP 4.6%

Value ($000) $7,331 (+14.0%) Shares 73,416 (-3.7%) Est. Cost $40.17 Unrealized +124.5%

NFG NTNL FUEL GAS CO 3.0%

Value ($000) $4,723 (-15.9%) Shares 58,990 (-2.9%) Est. Cost $63.99 Unrealized +28.8%

— DIAGEO PLC F SPONSORED ADR 1 A 0.5%

Value ($000) $762 (-49.4%) Shares 8,831 (-44.0%) Est. Cost $175.06 Unrealized —

— HEWLETT PACKARD ENTERPRI 1.9%

Value ($000) $3,085 (-19.2%) Shares 128,428 (-17.4%) Est. Cost $20.45 Unrealized —

— ALTRIA GROUP INC 2.0%

Value ($000) $3,207 (-17.0%) Shares 55,627 (-5.0%) Est. Cost $45.46 Unrealized —

— VISA INC CLASS CLASS A 1.9%

Value ($000) $2,983 (-18.0%) Shares 8,505 (-20.2%) Est. Cost $259.06 Unrealized —

— EQT CORP 1.7%

Value ($000) $2,714 (-19.1%) Shares 50,625 (-17.8%) Est. Cost $47.70 Unrealized —

TXN TEXAS INSTRS INC 1.5%

Value ($000) $2,312 (-18.1%) Shares 13,325 (-13.3%) Est. Cost $179.82 Unrealized -5.1%

SU SUNCOR ENERGY INC NEW F 1.8%

Value ($000) $2,823 (-14.7%) Shares 63,640 (-19.6%) Est. Cost $30.70 Unrealized +37.7%

— MERCK & CO. INC. 2.0%

Value ($000) $3,143 (+17.2%) Shares 29,857 (-6.5%) Est. Cost $110.95 Unrealized —

SLB SLB LIMITED F 1.2%

Value ($000) $1,930 (-18.8%) Shares 50,274 (-27.3%) Est. Cost $45.88 Unrealized -21.4%

— ALCON INC F 0.3%

Value ($000) $474 (-46.1%) Shares 6,015 (-49.1%) Est. Cost $76.43 Unrealized —

PEP PEPSICO INC 1.4%

Value ($000) $2,278 (-13.9%) Shares 15,869 (-15.8%) Est. Cost $159.80 Unrealized -8.7%

MU MICRON TECHNOLOGY INC 0.7%

Value ($000) $1,042 (+53.7%) Shares 3,650 (-9.9%) Est. Cost $112.87 Unrealized +103.2%

— CISCO SYS INC 2.8%

Value ($000) $4,471 (+8.8%) Shares 58,049 (-3.3%) Est. Cost $47.64 Unrealized —

RYCEY ROLLS-ROYCE HOLDINGS P F SPONS 0.9%

Value ($000) $1,358 (-19.7%) Shares 86,375 (-17.2%) Est. Cost $16.20 Unrealized —

— RTX CORP 4.0%

Value ($000) $6,435 (+4.2%) Shares 35,086 (-4.9%) Est. Cost $100.45 Unrealized —

— ENBRIDGE INC F 2.2%

Value ($000) $3,507 (-6.9%) Shares 73,331 (-1.7%) Est. Cost $39.09 Unrealized —

— CORTEVA INC 2.0%

Value ($000) $3,235 (-5.0%) Shares 48,257 (-4.2%) Est. Cost $58.50 Unrealized —

— ORACLE CORP 0.2%

Value ($000) $307 (-32.6%) Shares 1,577 (-2.8%) Est. Cost $170.40 Unrealized —

IBB ISHARES BIOTECHNOLOGY ETF 1.3%

Value ($000) $2,059 (+6.4%) Shares 12,202 (-9.0%) Est. Cost $131.29 Unrealized —

— VANGUARD HEALTH CARE ETF 0.8%

Value ($000) $1,233 (+8.4%) Shares 4,285 (-2.3%) Est. Cost $248.05 Unrealized —

BTU PEABODY ENERGY CORP NEW 0.9%

Value ($000) $1,366 (+7.3%) Shares 46,000 (-4.2%) Est. Cost $23.40 Unrealized +25.4%

GLW CORNING INC 2.2%

Value ($000) $3,518 (+2.7%) Shares 40,174 (-3.8%) Est. Cost $30.10 Unrealized +185.6%

— MEDTRONIC PLC F 1.7%

Value ($000) $2,669 (-3.0%) Shares 27,780 (-3.8%) Est. Cost $78.26 Unrealized —

LLY ELI LILLY AND CO 0.2%

Value ($000) $321 (+32.9%) Shares 299 (-5.7%) Est. Cost $742.24 Unrealized +28.7%

— CONOCOPHILLIPS 1.6%

Value ($000) $2,497 (-3.0%) Shares 26,670 (-2.0%) Est. Cost $99.03 Unrealized —

— ASML HLDG N V F SPONSORED ADR 0.8%

Value ($000) $1,321 (+5.0%) Shares 1,235 (-5.0%) Est. Cost $921.29 Unrealized —

JNJ JOHNSON & JOHNSON 1.6%

Value ($000) $2,477 (+2.6%) Shares 11,970 (-8.1%) Est. Cost $157.33 Unrealized +25.2%

HSY HERSHEY CO 0.6%

Value ($000) $994 (-5.7%) Shares 5,460 (-3.1%) Est. Cost $212.11 Unrealized -14.2%

FMCC FEDERAL HOME LN MTG CORP 0.1%

Value ($000) $101 (-28.2%) Shares 10,000 (-16.7%) Est. Cost $3.33 Unrealized +207.9%

AAPL APPLE INC 0.5%

Value ($000) $770 (+4.9%) Shares 2,833 (-1.7%) Est. Cost $210.99 Unrealized +27.2%

— M&T BK CORP 1.2%

Value ($000) $1,988 (-1.1%) Shares 9,865 (-3.0%) Est. Cost $145.06 Unrealized —

EPD ENTERPRISE PRODS PART LP 2.2%

Value ($000) $3,490 (-0.4%) Shares 108,846 (-2.9%) Est. Cost $24.12 Unrealized —

— FTAI INFRASTRUCTURE INC 0.1%

Value ($000) $212 (-4.6%) Shares 46,000 (-9.8%) Est. Cost $4.82 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	DUPONT DE NEMOURS INC IA	36,322 (-16.8%)	$1,460 (-57.1%)	0.9%	$70.82	—	COM	26614n102
—	MARATHON PETE CORP	48,410 (-4.3%)	$7,873 (-19.2%)	4.9%	$116.39	—	COM	56585a102
AMAT	APPLIED MATLS INC	38,210 (-5.5%)	$9,820 (+18.7%)	6.2%	$93.28	+156.8%	COM	038222105
MSFT	MICROSOFT CORP	30,039 (-2.8%)	$14,527 (-9.2%)	9.1%	$234.05	+113.9%	COM	594918104
—	BLACKSTONE INC	57,810 (-2.1%)	$8,911 (-11.6%)	5.6%	$74.19	—	COM	09260d107
NEM	NEWMONT CORP	73,416 (-3.7%)	$7,331 (+14.0%)	4.6%	$40.17	+124.5%	COM	651639106
NFG	NTNL FUEL GAS CO	58,990 (-2.9%)	$4,723 (-15.9%)	3.0%	$63.99	+28.8%	COM	636180101
—	DIAGEO PLC F SPONSORED ADR 1 A	8,831 (-44.0%)	$762 (-49.4%)	0.5%	$175.06	—	COM	25243q205
—	HEWLETT PACKARD ENTERPRI	128,428 (-17.4%)	$3,085 (-19.2%)	1.9%	$20.45	—	COM	42824c109
—	ALTRIA GROUP INC	55,627 (-5.0%)	$3,207 (-17.0%)	2.0%	$45.46	—	COM	02209s103
—	VISA INC CLASS CLASS A	8,505 (-20.2%)	$2,983 (-18.0%)	1.9%	$259.06	—	COM	92826c839
—	EQT CORP	50,625 (-17.8%)	$2,714 (-19.1%)	1.7%	$47.70	—	COM	26884l109
TXN	TEXAS INSTRS INC	13,325 (-13.3%)	$2,312 (-18.1%)	1.5%	$179.82	-5.1%	COM	882508104
SU	SUNCOR ENERGY INC NEW F	63,640 (-19.6%)	$2,823 (-14.7%)	1.8%	$30.70	+37.7%	COM	867224107
—	MERCK & CO. INC.	29,857 (-6.5%)	$3,143 (+17.2%)	2.0%	$110.95	—	COM	58933y105
SLB	SLB LIMITED F	50,274 (-27.3%)	$1,930 (-18.8%)	1.2%	$45.88	-21.4%	COM	806857108
—	ALCON INC F	6,015 (-49.1%)	$474 (-46.1%)	0.3%	$76.43	—	COM	h01301128
PEP	PEPSICO INC	15,869 (-15.8%)	$2,278 (-13.9%)	1.4%	$159.80	-8.7%	COM	713448108
MU	MICRON TECHNOLOGY INC	3,650 (-9.9%)	$1,042 (+53.7%)	0.7%	$112.87	+103.2%	COM	595112103
—	CISCO SYS INC	58,049 (-3.3%)	$4,471 (+8.8%)	2.8%	$47.64	—	COM	17275r102
RYCEY	ROLLS-ROYCE HOLDINGS P F SPONS	86,375 (-17.2%)	$1,358 (-19.7%)	0.9%	$16.20	—	COM	775781206
—	RTX CORP	35,086 (-4.9%)	$6,435 (+4.2%)	4.0%	$100.45	—	COM	75513e101
—	ENBRIDGE INC F	73,331 (-1.7%)	$3,507 (-6.9%)	2.2%	$39.09	—	COM	29250n105
—	CORTEVA INC	48,257 (-4.2%)	$3,235 (-5.0%)	2.0%	$58.50	—	COM	22052l104
—	ORACLE CORP	1,577 (-2.8%)	$307 (-32.6%)	0.2%	$170.40	—	COM	68389x105
IBB	ISHARES BIOTECHNOLOGY ETF	12,202 (-9.0%)	$2,059 (+6.4%)	1.3%	$131.29	—	COM	464287556
—	VANGUARD HEALTH CARE ETF	4,285 (-2.3%)	$1,233 (+8.4%)	0.8%	$248.05	—	COM	92204a504
BTU	PEABODY ENERGY CORP NEW	46,000 (-4.2%)	$1,366 (+7.3%)	0.9%	$23.40	+25.4%	COM	704551100
GLW	CORNING INC	40,174 (-3.8%)	$3,518 (+2.7%)	2.2%	$30.10	+185.6%	COM	219350105
—	MEDTRONIC PLC F	27,780 (-3.8%)	$2,669 (-3.0%)	1.7%	$78.26	—	COM	g5960l103
LLY	ELI LILLY AND CO	299 (-5.7%)	$321 (+32.9%)	0.2%	$742.24	+28.7%	COM	532457108
—	CONOCOPHILLIPS	26,670 (-2.0%)	$2,497 (-3.0%)	1.6%	$99.03	—	COM	20825c104
—	ASML HLDG N V F SPONSORED ADR	1,235 (-5.0%)	$1,321 (+5.0%)	0.8%	$921.29	—	COM	n07059210
JNJ	JOHNSON & JOHNSON	11,970 (-8.1%)	$2,477 (+2.6%)	1.6%	$157.33	+25.2%	COM	478160104
HSY	HERSHEY CO	5,460 (-3.1%)	$994 (-5.7%)	0.6%	$212.11	-14.2%	COM	427866108
FMCC	FEDERAL HOME LN MTG CORP	10,000 (-16.7%)	$101 (-28.2%)	0.1%	$3.33	+207.9%	COM	313400301
AAPL	APPLE INC	2,833 (-1.7%)	$770 (+4.9%)	0.5%	$210.99	+27.2%	COM	037833100
—	M&T BK CORP	9,865 (-3.0%)	$1,988 (-1.1%)	1.2%	$145.06	—	COM	55261f104
EPD	ENTERPRISE PRODS PART LP	108,846 (-2.9%)	$3,490 (-0.4%)	2.2%	$24.12	—	COM	293792107
—	FTAI INFRASTRUCTURE INC	46,000 (-9.8%)	$212 (-4.6%)	0.1%	$4.82	—	COM	35953c106

Unchanged Positions (33)

— NOVARTIS AG F SPONSORED ADR 1 2.3%

Value ($000) $3,708 Shares 26,895 Est. Cost $91.08 Unrealized —

OXY OCCIDENTAL PETE CORP 0.9%

Value ($000) $1,378 Shares 33,500 Est. Cost $60.58 Unrealized -31.4%

— KRAKEN ROBOTICS INC F 0.4%

Value ($000) $642 Shares 137,500 Est. Cost $1.75 Unrealized —

— INVESCO QQQ-R ETF 3.7%

Value ($000) $5,827 Shares 9,486 Est. Cost $266.29 Unrealized —

AMD ADVANCED MICRO DEVIC 0.3%

Value ($000) $471 Shares 2,200 Est. Cost $161.38 Unrealized +39.2%

ANET ARISTA NETWORKS INC 0.6%

Value ($000) $901 Shares 6,880 Est. Cost $128.77 Unrealized +6.9%

— MPLX LP LP 0.9%

Value ($000) $1,441 Shares 27,000 Est. Cost $35.57 Unrealized —

— REGENERON PHARMACEUTICAL 0.2%

Value ($000) $329 Shares 426 Est. Cost $562.27 Unrealized —

AMGN AMGEN INC 0.3%

Value ($000) $515 Shares 1,574 Est. Cost $257.31 Unrealized +22.8%

BMY BRISTOL MYERS SQUIBB CO 0.3%

Value ($000) $432 Shares 8,000 Est. Cost $42.91 Unrealized +10.8%

— UBER TECHNOLOGIES INC 0.2%

Value ($000) $278 Shares 3,400 Est. Cost $97.97 Unrealized —

— M-TRON INDS INC 0.7%

Value ($000) $1,171 Shares 22,000 Est. Cost $8.75 Unrealized —

EXE EXPAND ENERGY CORP 0.8%

Value ($000) $1,207 Shares 10,936 Est. Cost $89.78 Unrealized +23.2%

— SOUTHERN COPPER CORP 0.2%

Value ($000) $244 Shares 1,701 Est. Cost $121.36 Unrealized —

— OVINTIV INC 0.8%

Value ($000) $1,293 Shares 32,985 Est. Cost $47.03 Unrealized —

— ALLIANCE RESOURCE PAR LP 0.2%

Value ($000) $395 Shares 17,000 Est. Cost $22.53 Unrealized —

— ANTERO RES CORP 0.8%

Value ($000) $1,320 Shares 38,300 Est. Cost $30.29 Unrealized —

META META PLATFORMS INC CLASS A 0.2%

Value ($000) $305 Shares 462 Est. Cost $743.23 Unrealized -10.2%

TSM TAIWAN SEMICONDUCTOR M F SPONS 0.2%

Value ($000) $315 Shares 1,038 Est. Cost $279.29 Unrealized —

GILD GILEAD SCIENCES INC 0.2%

Value ($000) $265 Shares 2,158 Est. Cost $112.28 Unrealized +7.7%

AMZN AMAZON.COM INC 0.3%

Value ($000) $479 Shares 2,075 Est. Cost $226.35 Unrealized +1.1%

ABT ABBOTT LABS 0.2%

Value ($000) $268 Shares 2,140 Est. Cost $97.62 Unrealized +30.4%

— ANTERO MIDSTREAM CORP 0.1%

Value ($000) $184 Shares 10,370 Est. Cost $10.79 Unrealized —

— VALARIS LTD F 0.2%

Value ($000) $378 Shares 7,500 Est. Cost $42.11 Unrealized —

— VANGUARD CONSUMER STAPLES ETF 0.6%

Value ($000) $1,028 Shares 4,866 Est. Cost $191.57 Unrealized —

JVA COFFEE HLDG CO INC 0.0%

Value ($000) $64 Shares 16,500 Est. Cost $3.86 Unrealized -0.1%

QCOM QUALCOMM INC 0.3%

Value ($000) $413 Shares 2,413 Est. Cost $157.20 Unrealized +8.6%

— ENERGY TRANSFER L P LP 0.1%

Value ($000) $222 Shares 13,490 Est. Cost $13.80 Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.3%

Value ($000) $482 Shares 5,670 Est. Cost $73.50 Unrealized +19.0%

RITM RITHM CAPITAL CORP 0.1%

Value ($000) $109 Shares 10,000 Est. Cost $9.35 Unrealized —

— VANGUARD INDUSTRIALS ETF 0.8%

Value ($000) $1,277 Shares 4,280 Est. Cost $182.64 Unrealized —

OKE ONEOK INC NEW 0.2%

Value ($000) $333 Shares 4,528 Est. Cost $93.76 Unrealized -24.9%

BRK/B BERKSHIRE HATHAWAY CLASS B 0.1%

Value ($000) $231 Shares 459 Est. Cost $484.36 Unrealized +2.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NOVARTIS AG F SPONSORED ADR 1	26,895	$3,708	2.3%	$91.08	—	ADR	66987v109
OXY	OCCIDENTAL PETE CORP	33,500	$1,378	0.9%	$60.58	-31.4%	COM	674599105
—	KRAKEN ROBOTICS INC F	137,500	$642	0.4%	$1.75	—	COM	50077n102
—	INVESCO QQQ-R ETF	9,486	$5,827	3.7%	$266.29	—	COM	46090e103
AMD	ADVANCED MICRO DEVIC	2,200	$471	0.3%	$161.38	+39.2%	COM	007903107
ANET	ARISTA NETWORKS INC	6,880	$901	0.6%	$128.77	+6.9%	COM	040413205
—	MPLX LP LP	27,000	$1,441	0.9%	$35.57	—	OTHER	55336v100
—	REGENERON PHARMACEUTICAL	426	$329	0.2%	$562.27	—	COM	75886f107
AMGN	AMGEN INC	1,574	$515	0.3%	$257.31	+22.8%	COM	031162100
BMY	BRISTOL MYERS SQUIBB CO	8,000	$432	0.3%	$42.91	+10.8%	COM	110122108
—	UBER TECHNOLOGIES INC	3,400	$278	0.2%	$97.97	—	COM	90353t100
—	M-TRON INDS INC	22,000	$1,171	0.7%	$8.75	—	COM	55380k109
EXE	EXPAND ENERGY CORP	10,936	$1,207	0.8%	$89.78	+23.2%	COM	165167735
—	SOUTHERN COPPER CORP	1,701	$244	0.2%	$121.36	—	COM	84265v105
—	OVINTIV INC	32,985	$1,293	0.8%	$47.03	—	COM	69047q102
—	ALLIANCE RESOURCE PAR LP	17,000	$395	0.2%	$22.53	—	OTHER	01877r108
—	ANTERO RES CORP	38,300	$1,320	0.8%	$30.29	—	COM	03674x106
META	META PLATFORMS INC CLASS A	462	$305	0.2%	$743.23	-10.2%	COM	30303M102
TSM	TAIWAN SEMICONDUCTOR M F SPONS	1,038	$315	0.2%	$279.29	—	COM	874039100
GILD	GILEAD SCIENCES INC	2,158	$265	0.2%	$112.28	+7.7%	COM	375558103
AMZN	AMAZON.COM INC	2,075	$479	0.3%	$226.35	+1.1%	COM	023135106
ABT	ABBOTT LABS	2,140	$268	0.2%	$97.62	+30.4%	COM	002824100
—	ANTERO MIDSTREAM CORP	10,370	$184	0.1%	$10.79	—	COM	03676b102
—	VALARIS LTD F	7,500	$378	0.2%	$42.11	—	COM	g9460g101
—	VANGUARD CONSUMER STAPLES ETF	4,866	$1,028	0.6%	$191.57	—	COM	92204a207
JVA	COFFEE HLDG CO INC	16,500	$64	0.0%	$3.86	-0.1%	COM	192176105
QCOM	QUALCOMM INC	2,413	$413	0.3%	$157.20	+8.6%	COM	747525103
—	ENERGY TRANSFER L P LP	13,490	$222	0.1%	$13.80	—	COM	29273v100
MRVL	MARVELL TECHNOLOGY INC	5,670	$482	0.3%	$73.50	+19.0%	COM	573874104
RITM	RITHM CAPITAL CORP	10,000	$109	0.1%	$9.35	—	OTHER	64828T201
—	VANGUARD INDUSTRIALS ETF	4,280	$1,277	0.8%	$182.64	—	COM	92204a603
OKE	ONEOK INC NEW	4,528	$333	0.2%	$93.76	-24.9%	COM	682680103
BRK/B	BERKSHIRE HATHAWAY CLASS B	459	$231	0.1%	$484.36	+2.7%	COM	084670702