D L CARLSON INVESTMENT GROUP INC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLH	CLEAN HARBORS INC	18,991	$4,453	0.8%	$228.49	0.0%	COM	184496107
BIDU	BAIDU INC	25,723	$3,361	0.6%	$130.66	—	SPON ADR REP A	056752108
KEY	KEYCORP	150,382	$3,104	0.5%	$18.49	0.0%	COM	493267108
DHR	DANAHER CORPORATION	10,711	$2,452	0.4%	$219.54	0.0%	COM	235851102
XBI	SPDR SERIES TRUST	14,302	$1,744	0.3%	$121.93	—	STATE STREET SPD	78464A870
WPM	WHEATON PRECIOUS METALS CORP	8,692	$1,021	0.2%	$107.08	0.0%	COM	962879102
ESI	ELEMENT SOLUTIONS INC	29,557	$739	0.1%	$25.91	0.0%	COM	28618M106

Increased Positions (32)

AGG ISHARES TR 2.9%

Value ($000) $17,179 (+229.5%) Shares 171,997 (+230.8%) Est. Cost $99.53 Unrealized —

TSLA TESLA INC 0.9%

Value ($000) $5,474 (+392.0%) Shares 12,173 (+386.5%) Est. Cost $423.46 Unrealized +4.7%

NFLX NETFLIX INC 0.6%

Value ($000) $3,739 (-42.3%) Shares 39,879 (+637.8%) Est. Cost $101.33 Unrealized +6.4%

XLP SELECT SECTOR SPDR TR 0.5%

Value ($000) $2,914 (+248.0%) Shares 37,515 (+251.1%) Est. Cost $76.68 Unrealized —

GVI ISHARES TR 8.5%

Value ($000) $50,101 (+3.6%) Shares 466,705 (+3.6%) Est. Cost $104.74 Unrealized —

AVDE AMERICAN CENTY ETF TR 2.9%

Value ($000) $17,071 (+9.7%) Shares 207,369 (+5.1%) Est. Cost $68.80 Unrealized —

MCK MCKESSON CORP 0.6%

Value ($000) $3,663 (+67.8%) Shares 4,465 (+58.0%) Est. Cost $744.34 Unrealized +9.6%

BABA ALIBABA GROUP HLDG LTD 1.1%

Value ($000) $6,557 (-17.1%) Shares 44,730 (+1.1%) Est. Cost $73.11 Unrealized —

BA BOEING CO 0.8%

Value ($000) $4,783 (+29.9%) Shares 22,029 (+29.1%) Est. Cost $184.82 Unrealized +11.3%

IGIB ISHARES TR 2.0%

Value ($000) $11,940 (+9.3%) Shares 221,605 (+9.7%) Est. Cost $53.02 Unrealized —

AVEM AMERICAN CENTY ETF TR 1.1%

Value ($000) $6,475 (+14.2%) Shares 84,071 (+11.4%) Est. Cost $63.88 Unrealized —

MBB ISHARES TR 0.5%

Value ($000) $3,255 (+20.8%) Shares 34,182 (+20.7%) Est. Cost $95.42 Unrealized —

AVGO BROADCOM INC 1.3%

Value ($000) $7,979 (+6.0%) Shares 23,055 (+1.0%) Est. Cost $220.53 Unrealized +61.9%

ILOW AB ACTIVE ETFS INC 0.7%

Value ($000) $4,210 (+11.7%) Shares 98,839 (+11.5%) Est. Cost $41.10 Unrealized —

BAB INVESCO EXCH TRADED FD TR II 0.5%

Value ($000) $3,157 (+14.3%) Shares 116,062 (+14.7%) Est. Cost $26.93 Unrealized —

SHYG ISHARES TR 0.4%

Value ($000) $2,417 (+15.5%) Shares 56,371 (+16.7%) Est. Cost $42.09 Unrealized —

BK BANK NEW YORK MELLON CORP 0.6%

Value ($000) $3,632 (+8.9%) Shares 31,284 (+2.2%) Est. Cost $40.12 Unrealized +175.4%

FALN ISHARES TR 0.4%

Value ($000) $2,526 (+12.8%) Shares 92,513 (+14.8%) Est. Cost $26.03 Unrealized —

PFF ISHARES TR 0.6%

Value ($000) $3,302 (+7.9%) Shares 106,654 (+10.2%) Est. Cost $31.56 Unrealized —

XLE SELECT SECTOR SPDR TR 1.1%

Value ($000) $6,682 (-3.3%) Shares 149,450 (+93.2%) Est. Cost $63.59 Unrealized —

JPEF J P MORGAN EXCHANGE TRADED F 0.4%

Value ($000) $2,556 (+9.6%) Shares 34,220 (+8.8%) Est. Cost $74.14 Unrealized —

IDXX IDEXX LABS INC 0.4%

Value ($000) $2,516 (+7.0%) Shares 3,719 (+1.1%) Est. Cost $497.19 Unrealized +37.0%

SO SOUTHERN CO 0.4%

Value ($000) $2,119 (-6.2%) Shares 24,301 (+1.9%) Est. Cost $60.69 Unrealized +49.8%

XLB SELECT SECTOR SPDR TR 0.2%

Value ($000) $1,413 (-8.3%) Shares 31,160 (+81.2%) Est. Cost $66.62 Unrealized —

PBF PBF ENERGY INC 0.3%

Value ($000) $1,500 (-7.6%) Shares 55,310 (+2.8%) Est. Cost $19.48 Unrealized +64.4%

XLU SELECT SECTOR SPDR TR 0.4%

Value ($000) $2,397 (-4.0%) Shares 56,144 (+96.1%) Est. Cost $54.72 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $853 (+7.9%) Shares 1,388 (+5.5%) Est. Cost $495.11 Unrealized —

XLF SELECT SECTOR SPDR TR 0.2%

Value ($000) $1,109 (+5.0%) Shares 20,245 (+3.3%) Est. Cost $34.71 Unrealized —

SCHZ SCHWAB STRATEGIC TR 0.1%

Value ($000) $736 (+1.7%) Shares 31,504 (+2.2%) Est. Cost $34.25 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 0.0%

Value ($000) $230 (+4.5%) Shares 3,128 (+1.4%) Est. Cost $71.40 Unrealized —

SHY ISHARES TR 0.0%

Value ($000) $205 (+1.0%) Shares 2,477 (+1.1%) Est. Cost $81.88 Unrealized —

XLK SELECT SECTOR SPDR TR 0.2%

Value ($000) $897 (-0.2%) Shares 6,229 (+95.4%) Est. Cost $174.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	171,997 (+230.8%)	$17,179 (+229.5%)	2.9%	$99.53	—	CORE US AGGBD ET	464287226
TSLA	TESLA INC	12,173 (+386.5%)	$5,474 (+392.0%)	0.9%	$423.46	+4.7%	COM	88160R101
NFLX	NETFLIX INC	39,879 (+637.8%)	$3,739 (-42.3%)	0.6%	$101.33	+6.4%	COM	64110L106
XLP	SELECT SECTOR SPDR TR	37,515 (+251.1%)	$2,914 (+248.0%)	0.5%	$76.68	—	STATE STREET CON	81369Y308
GVI	ISHARES TR	466,705 (+3.6%)	$50,101 (+3.6%)	8.5%	$104.74	—	INTRM GOV CR ETF	464288612
AVDE	AMERICAN CENTY ETF TR	207,369 (+5.1%)	$17,071 (+9.7%)	2.9%	$68.80	—	INTL EQT ETF	025072703
MCK	MCKESSON CORP	4,465 (+58.0%)	$3,663 (+67.8%)	0.6%	$744.34	+9.6%	COM	58155Q103
BABA	ALIBABA GROUP HLDG LTD	44,730 (+1.1%)	$6,557 (-17.1%)	1.1%	$73.11	—	SPONSORED ADS	01609W102
BA	BOEING CO	22,029 (+29.1%)	$4,783 (+29.9%)	0.8%	$184.82	+11.3%	COM	097023105
IGIB	ISHARES TR	221,605 (+9.7%)	$11,940 (+9.3%)	2.0%	$53.02	—	ISHS 5-10YR INVT	464288638
AVEM	AMERICAN CENTY ETF TR	84,071 (+11.4%)	$6,475 (+14.2%)	1.1%	$63.88	—	AVANTIS EMGMKT	025072604
MBB	ISHARES TR	34,182 (+20.7%)	$3,255 (+20.8%)	0.5%	$95.42	—	MBS ETF	464288588
AVGO	BROADCOM INC	23,055 (+1.0%)	$7,979 (+6.0%)	1.3%	$220.53	+61.9%	COM	11135F101
ILOW	AB ACTIVE ETFS INC	98,839 (+11.5%)	$4,210 (+11.7%)	0.7%	$41.10	—	INTL LOW VOLATLT	00039J822
BAB	INVESCO EXCH TRADED FD TR II	116,062 (+14.7%)	$3,157 (+14.3%)	0.5%	$26.93	—	TAXABLE MUN BD	46138G805
SHYG	ISHARES TR	56,371 (+16.7%)	$2,417 (+15.5%)	0.4%	$42.09	—	0-5YR HI YL CP	46434V407
BK	BANK NEW YORK MELLON CORP	31,284 (+2.2%)	$3,632 (+8.9%)	0.6%	$40.12	+175.4%	COM	064058100
FALN	ISHARES TR	92,513 (+14.8%)	$2,526 (+12.8%)	0.4%	$26.03	—	FALN ANGLS USD	46435G474
PFF	ISHARES TR	106,654 (+10.2%)	$3,302 (+7.9%)	0.6%	$31.56	—	PFD AND INCM SEC	464288687
XLE	SELECT SECTOR SPDR TR	149,450 (+93.2%)	$6,682 (-3.3%)	1.1%	$63.59	—	STATE STREET ENE	81369Y506
JPEF	J P MORGAN EXCHANGE TRADED F	34,220 (+8.8%)	$2,556 (+9.6%)	0.4%	$74.14	—	EQUITY FOCUS ETF	46654Q781
IDXX	IDEXX LABS INC	3,719 (+1.1%)	$2,516 (+7.0%)	0.4%	$497.19	+37.0%	COM	45168D104
SO	SOUTHERN CO	24,301 (+1.9%)	$2,119 (-6.2%)	0.4%	$60.69	+49.8%	COM	842587107
XLB	SELECT SECTOR SPDR TR	31,160 (+81.2%)	$1,413 (-8.3%)	0.2%	$66.62	—	STATE STREET MAT	81369Y100
PBF	PBF ENERGY INC	55,310 (+2.8%)	$1,500 (-7.6%)	0.3%	$19.48	+64.4%	CL A	69318G106
XLU	SELECT SECTOR SPDR TR	56,144 (+96.1%)	$2,397 (-4.0%)	0.4%	$54.72	—	STATE STREET UTI	81369Y886
QQQ	INVESCO QQQ TR	1,388 (+5.5%)	$853 (+7.9%)	0.1%	$495.11	—	UNIT SER 1	46090E103
XLF	SELECT SECTOR SPDR TR	20,245 (+3.3%)	$1,109 (+5.0%)	0.2%	$34.71	—	STATE STREET FIN	81369Y605
SCHZ	SCHWAB STRATEGIC TR	31,504 (+2.2%)	$736 (+1.7%)	0.1%	$34.25	—	US AGGREGATE B	808524839
VEU	VANGUARD INTL EQUITY INDEX F	3,128 (+1.4%)	$230 (+4.5%)	0.0%	$71.40	—	ALLWRLD EX US	922042775
SHY	ISHARES TR	2,477 (+1.1%)	$205 (+1.0%)	0.0%	$81.88	—	1 3 YR TREAS BD	464287457
XLK	SELECT SECTOR SPDR TR	6,229 (+95.4%)	$897 (-0.2%)	0.2%	$174.05	—	STATE STREET TEC	81369Y803

Exited Positions (10)

ZG ZILLOW GROUP INC 0.6%

Value ($000) $3,417 Shares 45,898 Est. Cost $73.96 Unrealized -4.9%

QXO QXO INC 0.5%

Value ($000) $3,169 Shares 166,281 Est. Cost $16.47 Unrealized +16.3%

CRCL CIRCLE INTERNET GROUP INC 0.5%

Value ($000) $3,057 Shares 23,061 Est. Cost $158.24 Unrealized -34.7%

VIRT VIRTU FINL INC 0.4%

Value ($000) $2,509 Shares 70,671 Est. Cost $41.09 Unrealized -16.8%

CI THE CIGNA GROUP 0.4%

Value ($000) $2,367 Shares 8,210 Est. Cost $280.77 Unrealized -0.5%

BMY BRISTOL-MYERS SQUIBB CO 0.3%

Value ($000) $1,860 Shares 41,245 Est. Cost $51.85 Unrealized -8.3%

STIP ISHARES TR 0.2%

Value ($000) $1,475 Shares 14,272 Est. Cost $103.36 Unrealized —

CL COLGATE PALMOLIVE CO 0.1%

Value ($000) $613 Shares 7,668 Est. Cost $71.73 Unrealized +9.2%

FLOT ISHARES TR 0.0%

Value ($000) $253 Shares 4,956 Est. Cost $51.00 Unrealized —

GBCI GLACIER BANCORP INC NEW 0.0%

Value ($000) $216 Shares 4,431 Est. Cost $46.18 Unrealized -5.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ZG	ZILLOW GROUP INC	45,898	$3,417	0.6%	$73.96	-4.9%	—	98954M101
QXO	QXO INC	166,281	$3,169	0.5%	$16.47	+16.3%	—	82846H405
CRCL	CIRCLE INTERNET GROUP INC	23,061	$3,057	0.5%	$158.24	-34.7%	—	172573107
VIRT	VIRTU FINL INC	70,671	$2,509	0.4%	$41.09	-16.8%	—	928254101
CI	THE CIGNA GROUP	8,210	$2,367	0.4%	$280.77	-0.5%	—	125523100
BMY	BRISTOL-MYERS SQUIBB CO	41,245	$1,860	0.3%	$51.85	-8.3%	—	110122108
STIP	ISHARES TR	14,272	$1,475	0.2%	$103.36	—	—	46429B747
CL	COLGATE PALMOLIVE CO	7,668	$613	0.1%	$71.73	+9.2%	—	194162103
FLOT	ISHARES TR	4,956	$253	0.0%	$51.00	—	—	46429B655
GBCI	GLACIER BANCORP INC NEW	4,431	$216	0.0%	$46.18	-5.7%	—	37637Q105

Decreased Positions (58)

IGSB ISHARES TR 1.8%

Value ($000) $10,462 (-42.6%) Shares 197,853 (-42.4%) Est. Cost $51.19 Unrealized —

MUB ISHARES TR 0.4%

Value ($000) $2,333 (-68.5%) Shares 21,782 (-68.7%) Est. Cost $105.50 Unrealized —

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.7%

Value ($000) $4,361 (-48.6%) Shares 57,454 (-38.2%) Est. Cost $22.71 Unrealized +260.4%

ORCL ORACLE CORP 0.1%

Value ($000) $574 (-85.4%) Shares 2,944 (-78.9%) Est. Cost $178.56 Unrealized +33.3%

HON HONEYWELL INTL INC 0.1%

Value ($000) $567 (-84.0%) Shares 2,908 (-82.8%) Est. Cost $167.09 Unrealized +16.7%

GOOGL ALPHABET INC 4.1%

Value ($000) $24,396 (+11.4%) Shares 77,944 (-13.5%) Est. Cost $109.69 Unrealized +160.4%

MSFT MICROSOFT CORP 4.1%

Value ($000) $24,274 (-8.3%) Shares 50,193 (-1.8%) Est. Cost $96.45 Unrealized +419.0%

ACI ALBERTSONS COS INC 0.2%

Value ($000) $1,239 (-56.8%) Shares 72,179 (-55.9%) Est. Cost $19.97 Unrealized -11.7%

HPE HEWLETT PACKARD ENTERPRISE C 1.1%

Value ($000) $6,361 (-18.8%) Shares 264,802 (-17.0%) Est. Cost $15.42 Unrealized +52.0%

GEV GE VERNOVA INC 1.1%

Value ($000) $6,457 (-16.1%) Shares 9,880 (-21.0%) Est. Cost $158.68 Unrealized +283.8%

META META PLATFORMS INC 1.5%

Value ($000) $9,065 (-11.8%) Shares 13,733 (-1.9%) Est. Cost $245.05 Unrealized +172.3%

ISRG INTUITIVE SURGICAL INC 1.0%

Value ($000) $5,941 (+24.5%) Shares 10,489 (-1.7%) Est. Cost $302.56 Unrealized +76.0%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.4%

Value ($000) $2,185 (-27.9%) Shares 26,322 (-41.8%) Est. Cost $77.08 Unrealized -3.2%

HD HOME DEPOT INC 0.6%

Value ($000) $3,603 (-17.4%) Shares 10,470 (-2.7%) Est. Cost $196.15 Unrealized +85.9%

AAPL APPLE INC 4.0%

Value ($000) $23,752 (+2.6%) Shares 87,367 (-3.9%) Est. Cost $93.16 Unrealized +188.0%

JMST J P MORGAN EXCHANGE TRADED F 0.0%

Value ($000) $204 (-74.3%) Shares 3,995 (-74.2%) Est. Cost $51.04 Unrealized —

EQT EQT CORP 0.3%

Value ($000) $1,797 (-23.8%) Shares 33,531 (-22.6%) Est. Cost $25.73 Unrealized +118.2%

PG PROCTER AND GAMBLE CO 0.8%

Value ($000) $4,746 (-9.9%) Shares 33,116 (-3.4%) Est. Cost $134.83 Unrealized +9.2%

NVDA NVIDIA CORPORATION 3.6%

Value ($000) $21,136 (-1.9%) Shares 113,327 (-1.8%) Est. Cost $99.59 Unrealized +86.9%

POST POST HLDGS INC 0.5%

Value ($000) $2,832 (-9.7%) Shares 28,587 (-2.0%) Est. Cost $85.60 Unrealized +20.9%

LIN LINDE PLC 0.3%

Value ($000) $1,978 (-12.3%) Shares 4,639 (-2.4%) Est. Cost $445.34 Unrealized -4.1%

IR INGERSOLL RAND INC 0.2%

Value ($000) $1,193 (-16.9%) Shares 15,058 (-13.3%) Est. Cost $58.97 Unrealized +33.9%

IGLB ISHARES TR 0.1%

Value ($000) $521 (-29.2%) Shares 10,325 (-27.7%) Est. Cost $50.04 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.5%

Value ($000) $2,907 (-6.3%) Shares 17,951 (-2.6%) Est. Cost $115.23 Unrealized +35.6%

MS MORGAN STANLEY 0.6%

Value ($000) $3,368 (+5.9%) Shares 18,969 (-5.2%) Est. Cost $49.08 Unrealized +239.2%

GLD SPDR GOLD TR 0.3%

Value ($000) $1,965 (+10.3%) Shares 4,959 (-1.1%) Est. Cost $194.54 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.3%

Value ($000) $1,567 (+12.9%) Shares 7,319 (-14.7%) Est. Cost $100.72 Unrealized +123.0%

REG REGENCY CTRS CORP 0.3%

Value ($000) $1,852 (-8.0%) Shares 26,831 (-2.9%) Est. Cost $69.44 Unrealized +0.0%

WELL WELLTOWER INC 0.9%

Value ($000) $5,625 (+2.8%) Shares 30,305 (-1.3%) Est. Cost $83.03 Unrealized +124.6%

IYJ ISHARES TR 0.1%

Value ($000) $808 (-11.7%) Shares 5,454 (-13.0%) Est. Cost $103.82 Unrealized —

TLH ISHARES TR 0.1%

Value ($000) $392 (-21.2%) Shares 3,860 (-20.2%) Est. Cost $102.70 Unrealized —

RTX RTX CORPORATION 1.6%

Value ($000) $9,463 (-1.1%) Shares 51,600 (-9.7%) Est. Cost $100.14 Unrealized +73.1%

UNP UNION PAC CORP 0.1%

Value ($000) $350 (-20.0%) Shares 1,514 (-18.3%) Est. Cost $130.97 Unrealized +73.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $6,369 (-1.1%) Shares 12,670 (-1.1%) Est. Cost $227.46 Unrealized +118.7%

RGEN REPLIGEN CORP 0.1%

Value ($000) $731 (+9.8%) Shares 4,463 (-10.5%) Est. Cost $12.00 Unrealized +1205.7%

JPST J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $519 (-10.7%) Shares 10,258 (-10.4%) Est. Cost $50.43 Unrealized —

IEI ISHARES TR 0.1%

Value ($000) $366 (-13.4%) Shares 3,064 (-13.3%) Est. Cost $117.08 Unrealized —

IYW ISHARES TR 0.1%

Value ($000) $455 (-10.7%) Shares 2,278 (-12.4%) Est. Cost $88.89 Unrealized —

SCHG SCHWAB STRATEGIC TR 0.1%

Value ($000) $501 (-9.5%) Shares 15,354 (-11.5%) Est. Cost $48.47 Unrealized —

IWM ISHARES TR 0.2%

Value ($000) $1,089 (-4.5%) Shares 4,425 (-6.1%) Est. Cost $187.95 Unrealized —

IEF ISHARES TR 0.1%

Value ($000) $600 (-6.6%) Shares 6,240 (-6.3%) Est. Cost $96.58 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value ($000) $788 (-5.0%) Shares 2,349 (-7.0%) Est. Cost $310.57 Unrealized —

SPGI S&P GLOBAL INC 0.6%

Value ($000) $3,769 (-1.0%) Shares 7,213 (-7.8%) Est. Cost $533.84 Unrealized -7.4%

WEC WEC ENERGY GROUP INC 0.0%

Value ($000) $293 (-11.3%) Shares 2,776 (-3.6%) Est. Cost $35.71 Unrealized +208.8%

XLI SELECT SECTOR SPDR TR 0.1%

Value ($000) $398 (-6.6%) Shares 2,563 (-7.2%) Est. Cost $106.82 Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $208 (-11.5%) Shares 2,470 (-11.1%) Est. Cost $39.01 Unrealized +115.5%

ABT ABBOTT LABS 0.1%

Value ($000) $313 (-7.9%) Shares 2,500 (-1.5%) Est. Cost $61.05 Unrealized +108.5%

ADBE ADOBE INC 0.1%

Value ($000) $572 (-4.1%) Shares 1,633 (-3.3%) Est. Cost $59.33 Unrealized +473.2%

NEE NEXTERA ENERGY INC 0.1%

Value ($000) $539 (+4.3%) Shares 6,720 (-2.0%) Est. Cost $70.05 Unrealized +17.8%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $227 (-8.2%) Shares 263 (-1.5%) Est. Cost $573.49 Unrealized +57.9%

JPM JPMORGAN CHASE & CO. 2.0%

Value ($000) $11,656 (+0.2%) Shares 36,175 (-1.9%) Est. Cost $73.31 Unrealized +322.2%

XOP SPDR SERIES TRUST 0.0%

Value ($000) $257 (-6.8%) Shares 2,039 (-2.4%) Est. Cost $96.63 Unrealized —

BAC BANK AMERICA CORP 0.1%

Value ($000) $575 (-2.3%) Shares 10,453 (-8.4%) Est. Cost $28.61 Unrealized +84.1%

ARCC ARES CAPITAL CORP 0.0%

Value ($000) $294 (-3.8%) Shares 14,548 (-2.9%) Est. Cost $15.80 Unrealized +25.3%

GOOG ALPHABET INC 0.2%

Value ($000) $1,176 (+0.7%) Shares 3,747 (-21.8%) Est. Cost $106.86 Unrealized +168.0%

ADI ANALOG DEVICES INC 0.0%

Value ($000) $256 (+3.1%) Shares 943 (-6.6%) Est. Cost $117.85 Unrealized +112.7%

ACN ACCENTURE PLC IRELAND 0.1%

Value ($000) $386 (+2.0%) Shares 1,439 (-6.3%) Est. Cost $279.68 Unrealized -9.2%

TRV TRAVELERS COMPANIES INC 0.0%

Value ($000) $242 (+2.3%) Shares 833 (-1.5%) Est. Cost $215.74 Unrealized +30.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IGSB	ISHARES TR	197,853 (-42.4%)	$10,462 (-42.6%)	1.8%	$51.19	—	ISHS 1-5YR INVS	464288646
MUB	ISHARES TR	21,782 (-68.7%)	$2,333 (-68.5%)	0.4%	$105.50	—	NATIONAL MUN ETF	464288414
KTOS	KRATOS DEFENSE & SEC SOLUTIO	57,454 (-38.2%)	$4,361 (-48.6%)	0.7%	$22.71	+260.4%	COM NEW	50077B207
ORCL	ORACLE CORP	2,944 (-78.9%)	$574 (-85.4%)	0.1%	$178.56	+33.3%	COM	68389X105
HON	HONEYWELL INTL INC	2,908 (-82.8%)	$567 (-84.0%)	0.1%	$167.09	+16.7%	COM	438516106
GOOGL	ALPHABET INC	77,944 (-13.5%)	$24,396 (+11.4%)	4.1%	$109.69	+160.4%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	50,193 (-1.8%)	$24,274 (-8.3%)	4.1%	$96.45	+419.0%	COM	594918104
ACI	ALBERTSONS COS INC	72,179 (-55.9%)	$1,239 (-56.8%)	0.2%	$19.97	-11.7%	COMMON STOCK	013091103
HPE	HEWLETT PACKARD ENTERPRISE C	264,802 (-17.0%)	$6,361 (-18.8%)	1.1%	$15.42	+52.0%	COM	42824C109
GEV	GE VERNOVA INC	9,880 (-21.0%)	$6,457 (-16.1%)	1.1%	$158.68	+283.8%	COM	36828A101
META	META PLATFORMS INC	13,733 (-1.9%)	$9,065 (-11.8%)	1.5%	$245.05	+172.3%	CL A	30303M102
ISRG	INTUITIVE SURGICAL INC	10,489 (-1.7%)	$5,941 (+24.5%)	1.0%	$302.56	+76.0%	COM NEW	46120E602
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	26,322 (-41.8%)	$2,185 (-27.9%)	0.4%	$77.08	-3.2%	CL A	192446102
HD	HOME DEPOT INC	10,470 (-2.7%)	$3,603 (-17.4%)	0.6%	$196.15	+85.9%	COM	437076102
AAPL	APPLE INC	87,367 (-3.9%)	$23,752 (+2.6%)	4.0%	$93.16	+188.0%	COM	037833100
JMST	J P MORGAN EXCHANGE TRADED F	3,995 (-74.2%)	$204 (-74.3%)	0.0%	$51.04	—	ULTRA SHT MUNCPL	46641Q654
EQT	EQT CORP	33,531 (-22.6%)	$1,797 (-23.8%)	0.3%	$25.73	+118.2%	COM	26884L109
PG	PROCTER AND GAMBLE CO	33,116 (-3.4%)	$4,746 (-9.9%)	0.8%	$134.83	+9.2%	COM	742718109
NVDA	NVIDIA CORPORATION	113,327 (-1.8%)	$21,136 (-1.9%)	3.6%	$99.59	+86.9%	COM	67066G104
POST	POST HLDGS INC	28,587 (-2.0%)	$2,832 (-9.7%)	0.5%	$85.60	+20.9%	COM	737446104
LIN	LINDE PLC	4,639 (-2.4%)	$1,978 (-12.3%)	0.3%	$445.34	-4.1%	SHS	G54950103
IR	INGERSOLL RAND INC	15,058 (-13.3%)	$1,193 (-16.9%)	0.2%	$58.97	+33.9%	COM	45687V106
IGLB	ISHARES TR	10,325 (-27.7%)	$521 (-29.2%)	0.1%	$50.04	—	10+ YR INVST GRD	464289511
ICE	INTERCONTINENTAL EXCHANGE IN	17,951 (-2.6%)	$2,907 (-6.3%)	0.5%	$115.23	+35.6%	COM	45866F104
MS	MORGAN STANLEY	18,969 (-5.2%)	$3,368 (+5.9%)	0.6%	$49.08	+239.2%	COM NEW	617446448
GLD	SPDR GOLD TR	4,959 (-1.1%)	$1,965 (+10.3%)	0.3%	$194.54	—	GOLD SHS	78463V107
AMD	ADVANCED MICRO DEVICES INC	7,319 (-14.7%)	$1,567 (+12.9%)	0.3%	$100.72	+123.0%	COM	007903107
REG	REGENCY CTRS CORP	26,831 (-2.9%)	$1,852 (-8.0%)	0.3%	$69.44	+0.0%	COM	758849103
WELL	WELLTOWER INC	30,305 (-1.3%)	$5,625 (+2.8%)	0.9%	$83.03	+124.6%	COM	95040Q104
IYJ	ISHARES TR	5,454 (-13.0%)	$808 (-11.7%)	0.1%	$103.82	—	US INDUSTRIALS	464287754
TLH	ISHARES TR	3,860 (-20.2%)	$392 (-21.2%)	0.1%	$102.70	—	10-20 YR TRS ETF	464288653
RTX	RTX CORPORATION	51,600 (-9.7%)	$9,463 (-1.1%)	1.6%	$100.14	+73.1%	COM	75513E101
UNP	UNION PAC CORP	1,514 (-18.3%)	$350 (-20.0%)	0.1%	$130.97	+73.6%	COM	907818108
BRK/B	BERKSHIRE HATHAWAY INC DEL	12,670 (-1.1%)	$6,369 (-1.1%)	1.1%	$227.46	+118.7%	CL B NEW	084670702
RGEN	REPLIGEN CORP	4,463 (-10.5%)	$731 (+9.8%)	0.1%	$12.00	+1205.7%	COM	759916109
JPST	J P MORGAN EXCHANGE TRADED F	10,258 (-10.4%)	$519 (-10.7%)	0.1%	$50.43	—	ULTRA SHRT ETF	46641Q837
IEI	ISHARES TR	3,064 (-13.3%)	$366 (-13.4%)	0.1%	$117.08	—	3 7 YR TREAS BD	464288661
IYW	ISHARES TR	2,278 (-12.4%)	$455 (-10.7%)	0.1%	$88.89	—	U.S. TECH ETF	464287721
SCHG	SCHWAB STRATEGIC TR	15,354 (-11.5%)	$501 (-9.5%)	0.1%	$48.47	—	US LCAP GR ETF	808524300
IWM	ISHARES TR	4,425 (-6.1%)	$1,089 (-4.5%)	0.2%	$187.95	—	RUSSELL 2000 ETF	464287655
IEF	ISHARES TR	6,240 (-6.3%)	$600 (-6.6%)	0.1%	$96.58	—	7-10 YR TRSY BD	464287440
VTI	VANGUARD INDEX FDS	2,349 (-7.0%)	$788 (-5.0%)	0.1%	$310.57	—	TOTAL STK MKT	922908769
SPGI	S&P GLOBAL INC	7,213 (-7.8%)	$3,769 (-1.0%)	0.6%	$533.84	-7.4%	COM	78409V104
WEC	WEC ENERGY GROUP INC	2,776 (-3.6%)	$293 (-11.3%)	0.0%	$35.71	+208.8%	COM	92939U106
XLI	SELECT SECTOR SPDR TR	2,563 (-7.2%)	$398 (-6.6%)	0.1%	$106.82	—	STATE STREET IND	81369Y704
SBUX	STARBUCKS CORP	2,470 (-11.1%)	$208 (-11.5%)	0.0%	$39.01	+115.5%	COM	855244109
ABT	ABBOTT LABS	2,500 (-1.5%)	$313 (-7.9%)	0.1%	$61.05	+108.5%	COM	002824100
ADBE	ADOBE INC	1,633 (-3.3%)	$572 (-4.1%)	0.1%	$59.33	+473.2%	COM	00724F101
NEE	NEXTERA ENERGY INC	6,720 (-2.0%)	$539 (+4.3%)	0.1%	$70.05	+17.8%	COM	65339F101
COST	COSTCO WHSL CORP NEW	263 (-1.5%)	$227 (-8.2%)	0.0%	$573.49	+57.9%	COM	22160K105
JPM	JPMORGAN CHASE & CO.	36,175 (-1.9%)	$11,656 (+0.2%)	2.0%	$73.31	+322.2%	COM	46625H100
XOP	SPDR SERIES TRUST	2,039 (-2.4%)	$257 (-6.8%)	0.0%	$96.63	—	STATE STREET SPD	78468R556
BAC	BANK AMERICA CORP	10,453 (-8.4%)	$575 (-2.3%)	0.1%	$28.61	+84.1%	COM	060505104
ARCC	ARES CAPITAL CORP	14,548 (-2.9%)	$294 (-3.8%)	0.0%	$15.80	+25.3%	COM	04010L103
GOOG	ALPHABET INC	3,747 (-21.8%)	$1,176 (+0.7%)	0.2%	$106.86	+168.0%	CAP STK CL C	02079K107
ADI	ANALOG DEVICES INC	943 (-6.6%)	$256 (+3.1%)	0.0%	$117.85	+112.7%	COM	032654105
ACN	ACCENTURE PLC IRELAND	1,439 (-6.3%)	$386 (+2.0%)	0.1%	$279.68	-9.2%	SHS CLASS A	G1151C101
TRV	TRAVELERS COMPANIES INC	833 (-1.5%)	$242 (+2.3%)	0.0%	$215.74	+30.1%	COM	89417E109

Unchanged Positions (38)

SCHB SCHWAB STRATEGIC TR 11.5%

Value ($000) $68,142 Shares 2,597,862 Est. Cost $32.61 Unrealized —

FROG JFROG LTD 0.7%

Value ($000) $4,033 Shares 64,568 Est. Cost $45.18 Unrealized +25.9%

IAU ISHARES GOLD TR 1.3%

Value ($000) $7,864 Shares 96,888 Est. Cost $52.77 Unrealized —

LLY ELI LILLY & CO 0.5%

Value ($000) $2,848 Shares 2,650 Est. Cost $581.77 Unrealized +64.2%

AMZN AMAZON COM INC 2.7%

Value ($000) $15,816 Shares 68,520 Est. Cost $125.63 Unrealized +82.1%

JNJ JOHNSON & JOHNSON 1.1%

Value ($000) $6,554 Shares 31,671 Est. Cost $106.41 Unrealized +85.1%

BX BLACKSTONE INC 0.7%

Value ($000) $4,345 Shares 28,186 Est. Cost $131.34 Unrealized +15.3%

AMGN AMGEN INC 0.6%

Value ($000) $3,382 Shares 10,332 Est. Cost $238.09 Unrealized +32.7%

CRM SALESFORCE INC 0.7%

Value ($000) $4,076 Shares 15,386 Est. Cost $179.82 Unrealized +38.0%

JLL JONES LANG LASALLE INC 0.5%

Value ($000) $3,138 Shares 9,325 Est. Cost $188.03 Unrealized +66.7%

TXN TEXAS INSTRS INC 0.8%

Value ($000) $4,991 Shares 28,767 Est. Cost $115.00 Unrealized +48.5%

GS GOLDMAN SACHS GROUP INC 0.5%

Value ($000) $3,154 Shares 3,588 Est. Cost $423.71 Unrealized +92.0%

XOM EXXON MOBIL CORP 0.8%

Value ($000) $4,562 Shares 37,910 Est. Cost $100.42 Unrealized +15.0%

WING WINGSTOP INC 0.6%

Value ($000) $3,520 Shares 14,759 Est. Cost $180.76 Unrealized +37.0%

AMAT APPLIED MATLS INC 0.2%

Value ($000) $1,146 Shares 4,459 Est. Cost $113.11 Unrealized +111.7%

SYK STRYKER CORPORATION 0.6%

Value ($000) $3,477 Shares 9,893 Est. Cost $274.84 Unrealized +32.2%

SCHW SCHWAB CHARLES CORP 0.5%

Value ($000) $3,216 Shares 32,187 Est. Cost $59.00 Unrealized +60.6%

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $396 Shares 7,800 Est. Cost $43.20 Unrealized +0.3%

SPY SPDR S&P 500 ETF TR 0.5%

Value ($000) $2,919 Shares 4,280 Est. Cost $465.92 Unrealized —

NTB BANK OF NT BUTTERFIELD&SON L 0.1%

Value ($000) $571 Shares 11,455 Est. Cost $31.18 Unrealized +47.8%

GE GE AEROSPACE 0.9%

Value ($000) $5,435 Shares 17,643 Est. Cost $84.03 Unrealized +257.9%

PWR QUANTA SVCS INC 0.8%

Value ($000) $4,838 Shares 11,462 Est. Cost $283.96 Unrealized +54.7%

NEM NEWMONT CORP 0.1%

Value ($000) $458 Shares 4,586 Est. Cost $69.39 Unrealized +30.0%

NTRS NORTHERN TR CORP 0.6%

Value ($000) $3,509 Shares 25,691 Est. Cost $127.35 Unrealized +2.7%

URI UNITED RENTALS INC 0.0%

Value ($000) $233 Shares 288 Est. Cost $888.48 Unrealized -2.4%

PFE PFIZER INC 0.3%

Value ($000) $1,732 Shares 69,551 Est. Cost $26.68 Unrealized -6.2%

CNP CENTERPOINT ENERGY INC 0.3%

Value ($000) $1,885 Shares 49,177 Est. Cost $27.71 Unrealized +40.3%

IVV ISHARES TR 0.1%

Value ($000) $888 Shares 1,296 Est. Cost $314.13 Unrealized —

SCHK SCHWAB STRATEGIC TR 0.1%

Value ($000) $589 Shares 17,961 Est. Cost $41.72 Unrealized —

LNT ALLIANT ENERGY CORP 0.0%

Value ($000) $280 Shares 4,301 Est. Cost $30.15 Unrealized +121.7%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $435 Shares 2,853 Est. Cost $123.06 Unrealized +23.0%

PEP PEPSICO INC 0.1%

Value ($000) $356 Shares 2,481 Est. Cost $66.60 Unrealized +119.1%

DE DEERE & CO 0.1%

Value ($000) $317 Shares 680 Est. Cost $489.64 Unrealized -4.5%

GBF ISHARES TR 0.1%

Value ($000) $734 Shares 7,008 Est. Cost $104.45 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $461 Shares 2,405 Est. Cost $149.98 Unrealized —

MCD MCDONALDS CORP 0.1%

Value ($000) $653 Shares 2,137 Est. Cost $200.84 Unrealized +51.9%

IJR ISHARES TR 0.0%

Value ($000) $228 Shares 1,901 Est. Cost $108.48 Unrealized —

SCHD SCHWAB STRATEGIC TR 0.1%

Value ($000) $313 Shares 11,425 Est. Cost $47.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHB	SCHWAB STRATEGIC TR	2,597,862	$68,142	11.5%	$32.61	—	US BRD MKT ETF	808524102
FROG	JFROG LTD	64,568	$4,033	0.7%	$45.18	+25.9%	ORD SHS	M6191J100
IAU	ISHARES GOLD TR	96,888	$7,864	1.3%	$52.77	—	ISHARES NEW	464285204
LLY	ELI LILLY & CO	2,650	$2,848	0.5%	$581.77	+64.2%	COM	532457108
AMZN	AMAZON COM INC	68,520	$15,816	2.7%	$125.63	+82.1%	COM	023135106
JNJ	JOHNSON & JOHNSON	31,671	$6,554	1.1%	$106.41	+85.1%	COM	478160104
BX	BLACKSTONE INC	28,186	$4,345	0.7%	$131.34	+15.3%	COM	09260D107
AMGN	AMGEN INC	10,332	$3,382	0.6%	$238.09	+32.7%	COM	031162100
CRM	SALESFORCE INC	15,386	$4,076	0.7%	$179.82	+38.0%	COM	79466L302
JLL	JONES LANG LASALLE INC	9,325	$3,138	0.5%	$188.03	+66.7%	COM	48020Q107
TXN	TEXAS INSTRS INC	28,767	$4,991	0.8%	$115.00	+48.5%	COM	882508104
GS	GOLDMAN SACHS GROUP INC	3,588	$3,154	0.5%	$423.71	+92.0%	COM	38141G104
XOM	EXXON MOBIL CORP	37,910	$4,562	0.8%	$100.42	+15.0%	COM	30231G102
WING	WINGSTOP INC	14,759	$3,520	0.6%	$180.76	+37.0%	COM	974155103
AMAT	APPLIED MATLS INC	4,459	$1,146	0.2%	$113.11	+111.7%	COM	038222105
SYK	STRYKER CORPORATION	9,893	$3,477	0.6%	$274.84	+32.2%	COM	863667101
SCHW	SCHWAB CHARLES CORP	32,187	$3,216	0.5%	$59.00	+60.6%	COM	808513105
FCX	FREEPORT-MCMORAN INC	7,800	$396	0.1%	$43.20	+0.3%	CL B	35671D857
SPY	SPDR S&P 500 ETF TR	4,280	$2,919	0.5%	$465.92	—	TR UNIT	78462F103
NTB	BANK OF NT BUTTERFIELD&SON L	11,455	$571	0.1%	$31.18	+47.8%	SHS NEW	G0772R208
GE	GE AEROSPACE	17,643	$5,435	0.9%	$84.03	+257.9%	COM NEW	369604301
PWR	QUANTA SVCS INC	11,462	$4,838	0.8%	$283.96	+54.7%	COM	74762E102
NEM	NEWMONT CORP	4,586	$458	0.1%	$69.39	+30.0%	COM	651639106
NTRS	NORTHERN TR CORP	25,691	$3,509	0.6%	$127.35	+2.7%	COM	665859104
URI	UNITED RENTALS INC	288	$233	0.0%	$888.48	-2.4%	COM	911363109
PFE	PFIZER INC	69,551	$1,732	0.3%	$26.68	-6.2%	COM	717081103
CNP	CENTERPOINT ENERGY INC	49,177	$1,885	0.3%	$27.71	+40.3%	COM	15189T107
IVV	ISHARES TR	1,296	$888	0.1%	$314.13	—	CORE S&P500 ETF	464287200
SCHK	SCHWAB STRATEGIC TR	17,961	$589	0.1%	$41.72	—	1000 INDEX ETF	808524722
LNT	ALLIANT ENERGY CORP	4,301	$280	0.0%	$30.15	+121.7%	COM	018802108
CVX	CHEVRON CORP NEW	2,853	$435	0.1%	$123.06	+23.0%	COM	166764100
PEP	PEPSICO INC	2,481	$356	0.1%	$66.60	+119.1%	COM	713448108
DE	DEERE & CO	680	$317	0.1%	$489.64	-4.5%	COM	244199105
GBF	ISHARES TR	7,008	$734	0.1%	$104.45	—	GOV/CRED BD ETF	464288596
RSP	INVESCO EXCHANGE TRADED FD T	2,405	$461	0.1%	$149.98	—	S&P500 EQL WGT	46137V357
MCD	MCDONALDS CORP	2,137	$653	0.1%	$200.84	+51.9%	COM	580135101
IJR	ISHARES TR	1,901	$228	0.0%	$108.48	—	CORE S&P SCP ETF	464287804
SCHD	SCHWAB STRATEGIC TR	11,425	$313	0.1%	$47.98	—	US DIVIDEND EQ	808524797