CYPRESS ASSET MANAGEMENT INC/TX Diversified Active

CIK: 0001030618 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 29, 2026

Total Value ($000): $454,985 (100.0% shares, 0.0% debt)

Holdings (105)

New Positions (3)

SYK STRYKER CORPORATION 0.1%

Value ($000) $291 Shares 828 Est. Cost $363.46 Unrealized 0.0%

VRT VERTIV HOLDINGS CO 0.1%

Value ($000) $231 Shares 1,425 Est. Cost $173.58 Unrealized 0.0%

ALC ALCON AG 0.0%

Value ($000) $200 Shares 2,543 Est. Cost $77.00 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SYK	STRYKER CORPORATION	828	$291	0.1%	$363.46	0.0%	COM	863667101
VRT	VERTIV HOLDINGS CO	1,425	$231	0.1%	$173.58	0.0%	COM CL A	92537N108
ALC	ALCON AG	2,543	$200	0.0%	$77.00	0.0%	ORD SHS	H01301128

Increased Positions (17)

GOOG ALPHABET INC 3.5%

Value ($000) $15,937 (+39.3%) Shares 50,788 (+8.1%) Est. Cost $121.98 Unrealized +134.7%

AAPL APPLE INC 6.6%

Value ($000) $30,100 (+8.4%) Shares 110,719 (+1.6%) Est. Cost $88.66 Unrealized +202.7%

GEV GE VERNOVA INC 0.9%

Value ($000) $4,126 (+83.5%) Shares 6,313 (+72.6%) Est. Cost $505.47 Unrealized +20.5%

GS GOLDMAN SACHS GROUP INC 2.8%

Value ($000) $12,666 (+13.6%) Shares 14,410 (+3.0%) Est. Cost $429.77 Unrealized +89.3%

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.5%

Value ($000) $6,941 (+16.1%) Shares 22,841 (+6.7%) Est. Cost $76.79 Unrealized —

GOOGL ALPHABET INC 0.5%

Value ($000) $2,088 (+37.6%) Shares 6,671 (+6.8%) Est. Cost $126.08 Unrealized +126.5%

COST COSTCO WHSL CORP NEW 2.6%

Value ($000) $11,603 (+4.1%) Shares 13,455 (+11.8%) Est. Cost $358.61 Unrealized +152.6%

ETN EATON CORP PLC 0.6%

Value ($000) $2,910 (-8.5%) Shares 9,136 (+7.5%) Est. Cost $312.38 Unrealized +13.4%

ASML ASML HOLDING N V 0.5%

Value ($000) $2,260 (+12.3%) Shares 2,112 (+1.6%) Est. Cost $695.74 Unrealized —

APH AMPHENOL CORP NEW 0.3%

Value ($000) $1,147 (+22.5%) Shares 8,489 (+12.2%) Est. Cost $75.02 Unrealized +78.0%

AMGN AMGEN INC 0.3%

Value ($000) $1,314 (+18.9%) Shares 4,016 (+2.6%) Est. Cost $179.26 Unrealized +76.3%

NFLX NETFLIX INC 0.5%

Value ($000) $2,487 (+6.1%) Shares 26,520 (+1256.5%) Est. Cost $108.21 Unrealized -0.4%

SNPS SYNOPSYS INC 0.7%

Value ($000) $3,244 (+4.3%) Shares 6,907 (+9.5%) Est. Cost $493.22 Unrealized -9.9%

META META PLATFORMS INC 2.1%

Value ($000) $9,689 (-1.3%) Shares 14,678 (+9.8%) Est. Cost $525.19 Unrealized +27.1%

HUBB HUBBELL INC 0.2%

Value ($000) $1,137 (+12.3%) Shares 2,560 (+8.8%) Est. Cost $387.02 Unrealized +13.0%

MRVL MARVELL TECHNOLOGY INC 0.1%

Value ($000) $500 (+11.5%) Shares 5,880 (+10.3%) Est. Cost $68.69 Unrealized +27.3%

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $589 (+2.2%) Shares 4,088 (+100.0%) Est. Cost $175.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	50,788 (+8.1%)	$15,937 (+39.3%)	3.5%	$121.98	+134.7%	CAP STK CL C	02079K107
AAPL	APPLE INC	110,719 (+1.6%)	$30,100 (+8.4%)	6.6%	$88.66	+202.7%	COM	037833100
GEV	GE VERNOVA INC	6,313 (+72.6%)	$4,126 (+83.5%)	0.9%	$505.47	+20.5%	COM	36828A101
GS	GOLDMAN SACHS GROUP INC	14,410 (+3.0%)	$12,666 (+13.6%)	2.8%	$429.77	+89.3%	COM	38141G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	22,841 (+6.7%)	$6,941 (+16.1%)	1.5%	$76.79	—	SPONSORED ADS	874039100
GOOGL	ALPHABET INC	6,671 (+6.8%)	$2,088 (+37.6%)	0.5%	$126.08	+126.5%	CAP STK CL A	02079K305
COST	COSTCO WHSL CORP NEW	13,455 (+11.8%)	$11,603 (+4.1%)	2.6%	$358.61	+152.6%	COM	22160K105
ETN	EATON CORP PLC	9,136 (+7.5%)	$2,910 (-8.5%)	0.6%	$312.38	+13.4%	SHS	G29183103
ASML	ASML HOLDING N V	2,112 (+1.6%)	$2,260 (+12.3%)	0.5%	$695.74	—	N Y REGISTRY SHS	N07059210
APH	AMPHENOL CORP NEW	8,489 (+12.2%)	$1,147 (+22.5%)	0.3%	$75.02	+78.0%	CL A	032095101
AMGN	AMGEN INC	4,016 (+2.6%)	$1,314 (+18.9%)	0.3%	$179.26	+76.3%	COM	031162100
NFLX	NETFLIX INC	26,520 (+1256.5%)	$2,487 (+6.1%)	0.5%	$108.21	-0.4%	COM	64110L106
SNPS	SYNOPSYS INC	6,907 (+9.5%)	$3,244 (+4.3%)	0.7%	$493.22	-9.9%	COM	871607107
META	META PLATFORMS INC	14,678 (+9.8%)	$9,689 (-1.3%)	2.1%	$525.19	+27.1%	CL A	30303M102
HUBB	HUBBELL INC	2,560 (+8.8%)	$1,137 (+12.3%)	0.2%	$387.02	+13.0%	COM	443510607
MRVL	MARVELL TECHNOLOGY INC	5,880 (+10.3%)	$500 (+11.5%)	0.1%	$68.69	+27.3%	COM	573874104
XLK	SELECT SECTOR SPDR TR	4,088 (+100.0%)	$589 (+2.2%)	0.1%	$175.86	—	STATE STREET TEC	81369Y803

Exited Positions (3)

KO COCA COLA CO 0.1%

Value ($000) $478 Shares 7,209 Est. Cost $34.72 Unrealized +99.8%

TSCO TRACTOR SUPPLY CO 0.1%

Value ($000) $236 Shares 4,150 Est. Cost $48.47 Unrealized +10.8%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $201 Shares 3,625 Est. Cost $111.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KO	COCA COLA CO	7,209	$478	0.1%	$34.72	+99.8%	—	191216100
TSCO	TRACTOR SUPPLY CO	4,150	$236	0.1%	$48.47	+10.8%	—	892356106
NVO	NOVO-NORDISK A S	3,625	$201	0.0%	$111.90	—	—	670100205

Decreased Positions (28)

LLY ELI LILLY & CO 5.3%

Value ($000) $24,004 (+38.6%) Shares 22,336 (-1.6%) Est. Cost $104.93 Unrealized +810.7%

ADBE ADOBE INC 0.1%

Value ($000) $410 (-83.1%) Shares 1,171 (-83.0%) Est. Cost $398.05 Unrealized -14.6%

UNH UNITEDHEALTH GROUP INC 0.3%

Value ($000) $1,206 (-60.2%) Shares 3,654 (-58.4%) Est. Cost $334.45 Unrealized +0.8%

HD HOME DEPOT INC 1.3%

Value ($000) $5,913 (-16.8%) Shares 17,184 (-2.1%) Est. Cost $61.09 Unrealized +496.8%

AVGO BROADCOM INC 5.2%

Value ($000) $23,817 (+3.7%) Shares 68,814 (-1.2%) Est. Cost $152.35 Unrealized +134.3%

NVDA NVIDIA CORPORATION 7.1%

Value ($000) $32,108 (-2.3%) Shares 172,163 (-2.3%) Est. Cost $93.01 Unrealized +100.1%

DHR DANAHER CORPORATION 0.7%

Value ($000) $3,316 (+13.9%) Shares 14,486 (-1.4%) Est. Cost $64.14 Unrealized +242.3%

PG PROCTER AND GAMBLE CO 0.8%

Value ($000) $3,528 (-8.2%) Shares 24,616 (-1.5%) Est. Cost $84.58 Unrealized +74.0%

PEP PEPSICO INC 1.5%

Value ($000) $6,715 (-4.2%) Shares 46,787 (-6.3%) Est. Cost $70.79 Unrealized +106.1%

LMT LOCKHEED MARTIN CORP 0.9%

Value ($000) $4,195 (-4.5%) Shares 8,673 (-1.4%) Est. Cost $164.60 Unrealized +189.3%

IEO ISHARES TR 0.1%

Value ($000) $294 (-37.5%) Shares 3,293 (-35.2%) Est. Cost $84.34 Unrealized —

NDAQ NASDAQ INC 0.1%

Value ($000) $562 (-19.7%) Shares 5,789 (-26.9%) Est. Cost $67.05 Unrealized +33.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.7%

Value ($000) $12,500 (-1.1%) Shares 24,868 (-1.1%) Est. Cost $229.13 Unrealized +117.1%

MA MASTERCARD INCORPORATED 2.3%

Value ($000) $10,288 (-1.2%) Shares 18,021 (-1.6%) Est. Cost $273.34 Unrealized +104.5%

CL COLGATE PALMOLIVE CO 0.4%

Value ($000) $1,756 (-5.9%) Shares 22,226 (-4.8%) Est. Cost $53.02 Unrealized +47.7%

AZO AUTOZONE INC 0.0%

Value ($000) $203 (-24.7%) Shares 60 (-4.8%) Est. Cost $2593.50 Unrealized +45.7%

CSCO CISCO SYS INC 0.1%

Value ($000) $542 (+11.4%) Shares 7,030 (-1.1%) Est. Cost $23.49 Unrealized +214.2%

FANG DIAMONDBACK ENERGY INC 0.1%

Value ($000) $337 (-12.1%) Shares 2,242 (-16.3%) Est. Cost $179.81 Unrealized -18.2%

DE DEERE & CO 0.6%

Value ($000) $2,612 (-1.6%) Shares 5,610 (-3.3%) Est. Cost $228.65 Unrealized +104.5%

MCD MCDONALDS CORP 0.5%

Value ($000) $2,133 (-1.8%) Shares 6,980 (-2.4%) Est. Cost $108.40 Unrealized +181.5%

YUM YUM BRANDS INC 0.4%

Value ($000) $1,942 (-1.8%) Shares 12,838 (-1.3%) Est. Cost $39.41 Unrealized +274.7%

MSCI MSCI INC 0.2%

Value ($000) $707 (-2.8%) Shares 1,232 (-3.9%) Est. Cost $321.10 Unrealized +74.4%

BDX BECTON DICKINSON & CO 0.2%

Value ($000) $1,000 (+2.1%) Shares 5,155 (-1.6%) Est. Cost $156.46 Unrealized +21.2%

DUK DUKE ENERGY CORP NEW 0.0%

Value ($000) $218 (-7.8%) Shares 1,858 (-2.6%) Est. Cost $78.44 Unrealized +55.0%

MCO MOODYS CORP 0.1%

Value ($000) $326 (+5.9%) Shares 639 (-1.2%) Est. Cost $365.48 Unrealized +33.3%

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value ($000) $249 (-5.8%) Shares 849 (-2.0%) Est. Cost $227.05 Unrealized +27.0%

NEE NEXTERA ENERGY INC 0.1%

Value ($000) $497 (+2.2%) Shares 6,197 (-3.9%) Est. Cost $59.96 Unrealized +37.6%

MDT MEDTRONIC PLC 0.4%

Value ($000) $1,600 (-0.5%) Shares 16,657 (-1.3%) Est. Cost $72.23 Unrealized +34.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	22,336 (-1.6%)	$24,004 (+38.6%)	5.3%	$104.93	+810.7%	COM	532457108
ADBE	ADOBE INC	1,171 (-83.0%)	$410 (-83.1%)	0.1%	$398.05	-14.6%	COM	00724F101
UNH	UNITEDHEALTH GROUP INC	3,654 (-58.4%)	$1,206 (-60.2%)	0.3%	$334.45	+0.8%	COM	91324P102
HD	HOME DEPOT INC	17,184 (-2.1%)	$5,913 (-16.8%)	1.3%	$61.09	+496.8%	COM	437076102
AVGO	BROADCOM INC	68,814 (-1.2%)	$23,817 (+3.7%)	5.2%	$152.35	+134.3%	COM	11135F101
NVDA	NVIDIA CORPORATION	172,163 (-2.3%)	$32,108 (-2.3%)	7.1%	$93.01	+100.1%	COM	67066G104
DHR	DANAHER CORPORATION	14,486 (-1.4%)	$3,316 (+13.9%)	0.7%	$64.14	+242.3%	COM	235851102
PG	PROCTER AND GAMBLE CO	24,616 (-1.5%)	$3,528 (-8.2%)	0.8%	$84.58	+74.0%	COM	742718109
PEP	PEPSICO INC	46,787 (-6.3%)	$6,715 (-4.2%)	1.5%	$70.79	+106.1%	COM	713448108
LMT	LOCKHEED MARTIN CORP	8,673 (-1.4%)	$4,195 (-4.5%)	0.9%	$164.60	+189.3%	COM	539830109
IEO	ISHARES TR	3,293 (-35.2%)	$294 (-37.5%)	0.1%	$84.34	—	US OIL GS EX ETF	464288851
NDAQ	NASDAQ INC	5,789 (-26.9%)	$562 (-19.7%)	0.1%	$67.05	+33.8%	COM	631103108
BRK/B	BERKSHIRE HATHAWAY INC DEL	24,868 (-1.1%)	$12,500 (-1.1%)	2.7%	$229.13	+117.1%	CL B NEW	084670702
MA	MASTERCARD INCORPORATED	18,021 (-1.6%)	$10,288 (-1.2%)	2.3%	$273.34	+104.5%	CL A	57636Q104
CL	COLGATE PALMOLIVE CO	22,226 (-4.8%)	$1,756 (-5.9%)	0.4%	$53.02	+47.7%	COM	194162103
AZO	AUTOZONE INC	60 (-4.8%)	$203 (-24.7%)	0.0%	$2593.50	+45.7%	COM	053332102
CSCO	CISCO SYS INC	7,030 (-1.1%)	$542 (+11.4%)	0.1%	$23.49	+214.2%	COM	17275R102
FANG	DIAMONDBACK ENERGY INC	2,242 (-16.3%)	$337 (-12.1%)	0.1%	$179.81	-18.2%	COM	25278X109
DE	DEERE & CO	5,610 (-3.3%)	$2,612 (-1.6%)	0.6%	$228.65	+104.5%	COM	244199105
MCD	MCDONALDS CORP	6,980 (-2.4%)	$2,133 (-1.8%)	0.5%	$108.40	+181.5%	COM	580135101
YUM	YUM BRANDS INC	12,838 (-1.3%)	$1,942 (-1.8%)	0.4%	$39.41	+274.7%	COM	988498101
MSCI	MSCI INC	1,232 (-3.9%)	$707 (-2.8%)	0.2%	$321.10	+74.4%	COM	55354G100
BDX	BECTON DICKINSON & CO	5,155 (-1.6%)	$1,000 (+2.1%)	0.2%	$156.46	+21.2%	COM	075887109
DUK	DUKE ENERGY CORP NEW	1,858 (-2.6%)	$218 (-7.8%)	0.0%	$78.44	+55.0%	COM NEW	26441C204
MCO	MOODYS CORP	639 (-1.2%)	$326 (+5.9%)	0.1%	$365.48	+33.3%	COM	615369105
LHX	L3HARRIS TECHNOLOGIES INC	849 (-2.0%)	$249 (-5.8%)	0.1%	$227.05	+27.0%	COM	502431109
NEE	NEXTERA ENERGY INC	6,197 (-3.9%)	$497 (+2.2%)	0.1%	$59.96	+37.6%	COM	65339F101
MDT	MEDTRONIC PLC	16,657 (-1.3%)	$1,600 (-0.5%)	0.4%	$72.23	+34.5%	SHS	G5960L103

Unchanged Positions (57)

MSFT MICROSOFT CORP 5.6%

Value ($000) $25,374 Shares 52,467 Est. Cost $127.15 Unrealized +293.7%

MELI MERCADOLIBRE INC 2.4%

Value ($000) $11,084 Shares 5,503 Est. Cost $1258.92 Unrealized +66.8%

AMD ADVANCED MICRO DEVICES INC 1.5%

Value ($000) $6,919 Shares 32,306 Est. Cost $119.38 Unrealized +88.1%

AMAT APPLIED MATLS INC 1.3%

Value ($000) $6,050 Shares 23,543 Est. Cost $65.20 Unrealized +267.3%

ADI ANALOG DEVICES INC 2.0%

Value ($000) $8,911 Shares 32,858 Est. Cost $60.68 Unrealized +313.0%

AMZN AMAZON COM INC 3.5%

Value ($000) $15,924 Shares 68,989 Est. Cost $125.52 Unrealized +82.3%

JNJ JOHNSON & JOHNSON 1.5%

Value ($000) $6,912 Shares 33,397 Est. Cost $75.12 Unrealized +162.3%

ZTS ZOETIS INC 0.8%

Value ($000) $3,633 Shares 28,874 Est. Cost $146.33 Unrealized -11.0%

LIN LINDE PLC 1.1%

Value ($000) $4,844 Shares 11,360 Est. Cost $332.84 Unrealized +28.4%

PANW PALO ALTO NETWORKS INC 1.0%

Value ($000) $4,537 Shares 24,629 Est. Cost $138.22 Unrealized +46.0%

RTX RTX CORPORATION 1.3%

Value ($000) $5,742 Shares 31,306 Est. Cost $66.09 Unrealized +162.3%

HON HONEYWELL INTL INC 1.1%

Value ($000) $4,838 Shares 24,801 Est. Cost $68.39 Unrealized +185.2%

JPM JPMORGAN CHASE & CO. 4.2%

Value ($000) $19,082 Shares 59,221 Est. Cost $48.54 Unrealized +537.7%

MRK MERCK & CO INC 0.4%

Value ($000) $1,812 Shares 17,210 Est. Cost $67.12 Unrealized +38.9%

PH PARKER-HANNIFIN CORP 0.6%

Value ($000) $2,586 Shares 2,942 Est. Cost $283.84 Unrealized +188.1%

TMO THERMO FISHER SCIENTIFIC INC 0.4%

Value ($000) $1,653 Shares 2,852 Est. Cost $199.55 Unrealized +183.2%

ABT ABBOTT LABS 0.8%

Value ($000) $3,425 Shares 27,333 Est. Cost $51.24 Unrealized +148.5%

BLK BLACKROCK INC 0.6%

Value ($000) $2,710 Shares 2,532 Est. Cost $991.05 Unrealized +9.9%

CAT CATERPILLAR INC 0.3%

Value ($000) $1,502 Shares 2,622 Est. Cost $253.16 Unrealized +119.4%

KLAC KLA CORP 0.5%

Value ($000) $2,205 Shares 1,815 Est. Cost $161.55 Unrealized +625.4%

MU MICRON TECHNOLOGY INC 0.1%

Value ($000) $518 Shares 1,815 Est. Cost $93.22 Unrealized +146.0%

SPGI S&P GLOBAL INC 0.6%

Value ($000) $2,765 Shares 5,291 Est. Cost $341.34 Unrealized +44.8%

LOW LOWES COS INC 0.9%

Value ($000) $4,108 Shares 17,034 Est. Cost $44.37 Unrealized +440.5%

CMI CUMMINS INC 0.2%

Value ($000) $1,070 Shares 2,097 Est. Cost $218.74 Unrealized +113.2%

V VISA INC 2.1%

Value ($000) $9,404 Shares 26,814 Est. Cost $175.53 Unrealized +93.9%

ORCL ORACLE CORP 0.1%

Value ($000) $312 Shares 1,599 Est. Cost $126.86 Unrealized +87.6%

UNP UNION PAC CORP 1.2%

Value ($000) $5,574 Shares 24,097 Est. Cost $107.64 Unrealized +111.2%

TXN TEXAS INSTRS INC 0.5%

Value ($000) $2,165 Shares 12,479 Est. Cost $98.36 Unrealized +73.6%

XOM EXXON MOBIL CORP 0.5%

Value ($000) $2,200 Shares 18,280 Est. Cost $108.43 Unrealized +6.5%

QCOM QUALCOMM INC 1.1%

Value ($000) $4,986 Shares 29,147 Est. Cost $47.24 Unrealized +261.5%

XYL XYLEM INC 0.3%

Value ($000) $1,229 Shares 9,025 Est. Cost $65.42 Unrealized +119.5%

LRCX LAM RESEARCH CORP 0.1%

Value ($000) $488 Shares 2,850 Est. Cost $79.80 Unrealized +94.7%

TT TRANE TECHNOLOGIES PLC 0.2%

Value ($000) $1,022 Shares 2,625 Est. Cost $104.68 Unrealized +295.1%

POWL POWELL INDS INC 0.4%

Value ($000) $1,664 Shares 5,220 Est. Cost $207.56 Unrealized +62.1%

BAC BANK AMERICA CORP 0.2%

Value ($000) $1,017 Shares 18,492 Est. Cost $30.05 Unrealized +75.3%

GLD SPDR GOLD TR 0.1%

Value ($000) $597 Shares 1,507 Est. Cost $182.27 Unrealized —

NVS NOVARTIS AG 0.2%

Value ($000) $942 Shares 6,835 Est. Cost $75.05 Unrealized —

QQQ INVESCO QQQ TR 0.6%

Value ($000) $2,520 Shares 4,102 Est. Cost $303.66 Unrealized —

KEYS KEYSIGHT TECHNOLOGIES INC 0.1%

Value ($000) $321 Shares 1,581 Est. Cost $153.79 Unrealized +20.7%

EMR EMERSON ELEC CO 0.9%

Value ($000) $4,242 Shares 31,961 Est. Cost $96.66 Unrealized +36.9%

WMT WALMART INC 0.1%

Value ($000) $517 Shares 4,641 Est. Cost $52.68 Unrealized +103.5%

TJX TJX COS INC NEW 0.1%

Value ($000) $631 Shares 4,105 Est. Cost $51.89 Unrealized +184.6%

IHI ISHARES TR 0.2%

Value ($000) $1,101 Shares 17,710 Est. Cost $95.00 Unrealized —

CNI CANADIAN NATL RY CO 0.2%

Value ($000) $789 Shares 7,981 Est. Cost $41.85 Unrealized +129.7%

A AGILENT TECHNOLOGIES INC 0.1%

Value ($000) $519 Shares 3,816 Est. Cost $78.89 Unrealized +82.2%

CVX CHEVRON CORP NEW 0.4%

Value ($000) $1,992 Shares 13,068 Est. Cost $80.71 Unrealized +87.6%

PWR QUANTA SVCS INC 0.4%

Value ($000) $1,684 Shares 3,990 Est. Cost $292.26 Unrealized +50.3%

SPY SPDR S&P 500 ETF TR 0.3%

Value ($000) $1,544 Shares 2,264 Est. Cost $416.31 Unrealized —

ITA ISHARES TR 0.2%

Value ($000) $844 Shares 3,933 Est. Cost $111.63 Unrealized —

ABBV ABBVIE INC 0.2%

Value ($000) $951 Shares 4,160 Est. Cost $86.60 Unrealized +162.7%

RSP INVESCO EXCHANGE TRADED FD T 0.4%

Value ($000) $1,636 Shares 8,540 Est. Cost $185.70 Unrealized —

XAR SPDR SERIES TRUST 0.1%

Value ($000) $362 Shares 1,500 Est. Cost $118.37 Unrealized —

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $202 Shares 700 Est. Cost $150.98 Unrealized +91.2%

XLI SELECT SECTOR SPDR TR 0.3%

Value ($000) $1,401 Shares 9,034 Est. Cost $91.12 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $298 Shares 3,122 Est. Cost $65.43 Unrealized +49.8%

WM WASTE MGMT INC DEL 0.2%

Value ($000) $942 Shares 4,288 Est. Cost $98.56 Unrealized +115.7%

EQIX EQUINIX INC 0.1%

Value ($000) $248 Shares 324 Est. Cost $578.99 Unrealized +34.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	52,467	$25,374	5.6%	$127.15	+293.7%	COM	594918104
MELI	MERCADOLIBRE INC	5,503	$11,084	2.4%	$1258.92	+66.8%	COM	58733R102
AMD	ADVANCED MICRO DEVICES INC	32,306	$6,919	1.5%	$119.38	+88.1%	COM	007903107
AMAT	APPLIED MATLS INC	23,543	$6,050	1.3%	$65.20	+267.3%	COM	038222105
ADI	ANALOG DEVICES INC	32,858	$8,911	2.0%	$60.68	+313.0%	COM	032654105
AMZN	AMAZON COM INC	68,989	$15,924	3.5%	$125.52	+82.3%	COM	023135106
JNJ	JOHNSON & JOHNSON	33,397	$6,912	1.5%	$75.12	+162.3%	COM	478160104
ZTS	ZOETIS INC	28,874	$3,633	0.8%	$146.33	-11.0%	CL A	98978V103
LIN	LINDE PLC	11,360	$4,844	1.1%	$332.84	+28.4%	SHS	G54950103
PANW	PALO ALTO NETWORKS INC	24,629	$4,537	1.0%	$138.22	+46.0%	COM	697435105
RTX	RTX CORPORATION	31,306	$5,742	1.3%	$66.09	+162.3%	COM	75513E101
HON	HONEYWELL INTL INC	24,801	$4,838	1.1%	$68.39	+185.2%	COM	438516106
JPM	JPMORGAN CHASE & CO.	59,221	$19,082	4.2%	$48.54	+537.7%	COM	46625H100
MRK	MERCK & CO INC	17,210	$1,812	0.4%	$67.12	+38.9%	COM	58933Y105
PH	PARKER-HANNIFIN CORP	2,942	$2,586	0.6%	$283.84	+188.1%	COM	701094104
TMO	THERMO FISHER SCIENTIFIC INC	2,852	$1,653	0.4%	$199.55	+183.2%	COM	883556102
ABT	ABBOTT LABS	27,333	$3,425	0.8%	$51.24	+148.5%	COM	002824100
BLK	BLACKROCK INC	2,532	$2,710	0.6%	$991.05	+9.9%	COM	09290D101
CAT	CATERPILLAR INC	2,622	$1,502	0.3%	$253.16	+119.4%	COM	149123101
KLAC	KLA CORP	1,815	$2,205	0.5%	$161.55	+625.4%	COM NEW	482480100
MU	MICRON TECHNOLOGY INC	1,815	$518	0.1%	$93.22	+146.0%	COM	595112103
SPGI	S&P GLOBAL INC	5,291	$2,765	0.6%	$341.34	+44.8%	COM	78409V104
LOW	LOWES COS INC	17,034	$4,108	0.9%	$44.37	+440.5%	COM	548661107
CMI	CUMMINS INC	2,097	$1,070	0.2%	$218.74	+113.2%	COM	231021106
V	VISA INC	26,814	$9,404	2.1%	$175.53	+93.9%	COM CL A	92826C839
ORCL	ORACLE CORP	1,599	$312	0.1%	$126.86	+87.6%	COM	68389X105
UNP	UNION PAC CORP	24,097	$5,574	1.2%	$107.64	+111.2%	COM	907818108
TXN	TEXAS INSTRS INC	12,479	$2,165	0.5%	$98.36	+73.6%	COM	882508104
XOM	EXXON MOBIL CORP	18,280	$2,200	0.5%	$108.43	+6.5%	COM	30231G102
QCOM	QUALCOMM INC	29,147	$4,986	1.1%	$47.24	+261.5%	COM	747525103
XYL	XYLEM INC	9,025	$1,229	0.3%	$65.42	+119.5%	COM	98419M100
LRCX	LAM RESEARCH CORP	2,850	$488	0.1%	$79.80	+94.7%	COM NEW	512807306
TT	TRANE TECHNOLOGIES PLC	2,625	$1,022	0.2%	$104.68	+295.1%	SHS	G8994E103
POWL	POWELL INDS INC	5,220	$1,664	0.4%	$207.56	+62.1%	COM	739128106
BAC	BANK AMERICA CORP	18,492	$1,017	0.2%	$30.05	+75.3%	COM	060505104
GLD	SPDR GOLD TR	1,507	$597	0.1%	$182.27	—	GOLD SHS	78463V107
NVS	NOVARTIS AG	6,835	$942	0.2%	$75.05	—	SPONSORED ADR	66987V109
QQQ	INVESCO QQQ TR	4,102	$2,520	0.6%	$303.66	—	UNIT SER 1	46090E103
KEYS	KEYSIGHT TECHNOLOGIES INC	1,581	$321	0.1%	$153.79	+20.7%	COM	49338L103
EMR	EMERSON ELEC CO	31,961	$4,242	0.9%	$96.66	+36.9%	COM	291011104
WMT	WALMART INC	4,641	$517	0.1%	$52.68	+103.5%	COM	931142103
TJX	TJX COS INC NEW	4,105	$631	0.1%	$51.89	+184.6%	COM	872540109
IHI	ISHARES TR	17,710	$1,101	0.2%	$95.00	—	U.S. MED DVC ETF	464288810
CNI	CANADIAN NATL RY CO	7,981	$789	0.2%	$41.85	+129.7%	COM	136375102
A	AGILENT TECHNOLOGIES INC	3,816	$519	0.1%	$78.89	+82.2%	COM	00846U101
CVX	CHEVRON CORP NEW	13,068	$1,992	0.4%	$80.71	+87.6%	COM	166764100
PWR	QUANTA SVCS INC	3,990	$1,684	0.4%	$292.26	+50.3%	COM	74762E102
SPY	SPDR S&P 500 ETF TR	2,264	$1,544	0.3%	$416.31	—	TR UNIT	78462F103
ITA	ISHARES TR	3,933	$844	0.2%	$111.63	—	US AER DEF ETF	464288760
ABBV	ABBVIE INC	4,160	$951	0.2%	$86.60	+162.7%	COM	00287Y109
RSP	INVESCO EXCHANGE TRADED FD T	8,540	$1,636	0.4%	$185.70	—	S&P500 EQL WGT	46137V357
XAR	SPDR SERIES TRUST	1,500	$362	0.1%	$118.37	—	STATE STREET SPD	78464A631
NSC	NORFOLK SOUTHN CORP	700	$202	0.0%	$150.98	+91.2%	COM	655844108
XLI	SELECT SECTOR SPDR TR	9,034	$1,401	0.3%	$91.12	—	STATE STREET IND	81369Y704
BSX	BOSTON SCIENTIFIC CORP	3,122	$298	0.1%	$65.43	+49.8%	COM	101137107
WM	WASTE MGMT INC DEL	4,288	$942	0.2%	$98.56	+115.7%	COM	94106L109
EQIX	EQUINIX INC	324	$248	0.1%	$578.99	+34.9%	COM	29444U700