Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VT	VANGUARD INTL EQUITY INDEX F	3,513	$551K	0.1%	$156.95	—	TT WRLD ST ETF	922042742
DPZ	DOMINOS PIZZA INC	1,561	$462K	0.1%	$296.04	—	COM	25754A201
AGG	ISHARES TR	4,084	$404K	0.0%	$98.98	—	CORE US AG GBD ET	464287226
IVV	ISHARES TR	436	$327K	0.0%	$748.89	—	CORE S&P 500 ETF	464287200
DELL	DELL TECHNOLOGIES INC	704	$304K	0.0%	$431.46	—	CL C	24703L202
CAT	CATERPILLAR INC	250	$266K	0.0%	$1064.90	—	COM	149123101
—	EATON CORP PLC	537	$229K	0.0%	$426.12	—	SHS	G29183101
BK	BANK OF NY MELLON CORP	1,477	$214K	0.0%	$144.61	—	COM	064058100
SIRI	SIRIUSXM HOLDINGS INC	7,000	$207K	0.0%	$29.54	—	COMMON STOCK	829933100
JNJ	JOHNSON & JOHNSON	805	$204K	0.0%	$253.84	—	COM	478160104

Increased Positions (7)

ADBE ADOBE INC 3.4%

Value $27.8M (-9.7%) Shares 135,581 (+7.1%) Est. Cost $356.23 Unrealized —

GOOG ALPHABET INC 0.5%

Value $3.878M (+25.5%) Shares 10,975 (+1.9%) Est. Cost $117.85 Unrealized —

DLTR DOLLAR TREE INC 0.1%

Value $970K (+209.7%) Shares 8,020 (+180.4%) Est. Cost $99.18 Unrealized —

ANET ARISTA NETWORKS INC 0.1%

Value $587K (+41.9%) Shares 3,456 (+2.6%) Est. Cost $103.10 Unrealized —

WAY WAYSTAR HLDG CORP 2.9%

Value $23.5M (+0.2%) Shares 1,144,717 (+17.6%) Est. Cost $28.48 Unrealized —

PODD INSULET CORP 0.0%

Value $205K (-13.6%) Shares 1,345 (+19.0%) Est. Cost $246.46 Unrealized —

RTX RTX CORPORATION 0.0%

Value $319K (+1.1%) Shares 1,679 (+2.8%) Est. Cost $126.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADBE	ADOBE INC	135,581 (+7.1%)	$27.8M (-9.7%)	3.4%	$356.23	—	COM	00724F101
GOOG	ALPHABET INC	10,975 (+1.9%)	$3.878M (+25.5%)	0.5%	$117.85	—	CAP STK CL C	02079K107
DLTR	DOLLAR TREE INC	8,020 (+180.4%)	$970K (+209.7%)	0.1%	$99.18	—	COM	256746108
ANET	ARISTA NETWORKS INC	3,456 (+2.6%)	$587K (+41.9%)	0.1%	$103.10	—	COM SHS	040413205
WAY	WAYSTAR HLDG CORP	1,144,717 (+17.6%)	$23.5M (+0.2%)	2.9%	$28.48	—	COM	946784105
PODD	INSULET CORP	1,345 (+19.0%)	$205K (-13.6%)	0.0%	$246.46	—	COM	45784P101
RTX	RTX CORPORATION	1,679 (+2.8%)	$319K (+1.1%)	0.0%	$126.50	—	COM	75513E101

Exited Positions (3)

PCAR PACCAR INC 0.0%

Value $260K Shares 2,250 Est. Cost $100.80 Unrealized —

BHRB BURKE HERBERT FINL SVCS CORP 0.0%

Value $249K Shares 4,000 Est. Cost $61.94 Unrealized —

LULU LULULEMON ATHLETICA INC 0.0%

Value $230K Shares 1,500 Est. Cost $309.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PCAR	PACCAR INC	2,250	$260K	0.0%	$100.80	—	—	693718108
BHRB	BURKE HERBERT FINL SVCS CORP	4,000	$249K	0.0%	$61.94	—	—	12135Y108
LULU	LULULEMON ATHLETICA INC	1,500	$230K	0.0%	$309.99	—	—	550021109

Decreased Positions (22)

AMZN AMAZON COM INC 10.5%

Value $85.94M (+10.0%) Shares 360,572 (-3.9%) Est. Cost $118.89 Unrealized —

CPRT COPART INC 3.7%

Value $30.48M (-17.2%) Shares 1,081,123 (-2.5%) Est. Cost $34.53 Unrealized —

AMTM AMENTUM HOLDINGS INC 2.0%

Value $16.78M (-23.5%) Shares 811,726 (-3.5%) Est. Cost $21.54 Unrealized —

AMT AMERICAN TOWER CORP NEW 8.1%

Value $66.59M (-7.1%) Shares 407,116 (-2.0%) Est. Cost $74.61 Unrealized —

AAPL APPLE INC 7.6%

Value $62.26M (+7.2%) Shares 215,158 (-6.0%) Est. Cost $87.48 Unrealized —

LMT LOCKHEED MARTIN CORP 1.9%

Value $15.98M (-17.2%) Shares 31,375 (-1.8%) Est. Cost $326.62 Unrealized —

ERII ENERGY RECOVERY INC 0.8%

Value $6.259M (-24.0%) Shares 693,886 (-15.1%) Est. Cost $9.69 Unrealized —

ORLY OREILLY AUTOMOTIVE INC 8.2%

Value $67.33M (-2.7%) Shares 731,153 (-2.5%) Est. Cost $85.76 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 6.5%

Value $53.6M (+2.7%) Shares 107,115 (-1.7%) Est. Cost $173.81 Unrealized —

V VISA INC 1.7%

Value $13.79M (+11.1%) Shares 40,207 (-2.1%) Est. Cost $152.18 Unrealized —

MKL MARKEL GROUP INC 10.5%

Value $86.35M (-1.6%) Shares 44,214 (-3.5%) Est. Cost $681.53 Unrealized —

MOH MOLINA HEALTHCARE INC 0.4%

Value $3.283M (+66.8%) Shares 14,356 (-2.8%) Est. Cost $168.64 Unrealized —

MSFT MICROSOFT CORP 10.9%

Value $89.38M (-1.1%) Shares 239,602 (-1.8%) Est. Cost $29.12 Unrealized —

COHR COHERENT CORP 0.3%

Value $2.241M (+54.0%) Shares 5,681 (-7.0%) Est. Cost $74.72 Unrealized —

ADPT ADAPTIVE BIOTECHNOLOGIES COR 0.2%

Value $1.606M (+51.5%) Shares 74,865 (-2.0%) Est. Cost $11.86 Unrealized —

MA MASTERCARD INCORPORATED 4.0%

Value $32.75M (+0.7%) Shares 63,770 (-2.0%) Est. Cost $251.16 Unrealized —

STWD STARWOOD PPTY TR INC 0.3%

Value $2.203M (-6.1%) Shares 134,478 (-1.3%) Est. Cost $20.32 Unrealized —

MGNI MAGNITE INC 0.0%

Value $317K (+50.7%) Shares 16,715 (-5.6%) Est. Cost $13.81 Unrealized —

OPRX OPTIMIZERX CORP 0.1%

Value $422K (-12.9%) Shares 73,860 (-4.4%) Est. Cost $11.20 Unrealized —

CCI CROWN CASTLE INC 0.0%

Value $227K (-13.8%) Shares 3,000 (-7.4%) Est. Cost $90.81 Unrealized —

TRGP TARGA RES CORP 0.0%

Value $381K (-5.1%) Shares 1,421 (-11.3%) Est. Cost $113.18 Unrealized —

GOOD GLADSTONE COMMERCIAL CORP 0.1%

Value $773K (+1.4%) Shares 62,878 (-5.8%) Est. Cost $18.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	360,572 (-3.9%)	$85.94M (+10.0%)	10.5%	$118.89	—	COM	023135106
CPRT	COPART INC	1,081,123 (-2.5%)	$30.48M (-17.2%)	3.7%	$34.53	—	COM	217204106
AMTM	AMENTUM HOLDINGS INC	811,726 (-3.5%)	$16.78M (-23.5%)	2.0%	$21.54	—	COM	023939101
AMT	AMERICAN TOWER CORP NEW	407,116 (-2.0%)	$66.59M (-7.1%)	8.1%	$74.61	—	CL A	03027X100
AAPL	APPLE INC	215,158 (-6.0%)	$62.26M (+7.2%)	7.6%	$87.48	—	COM	037833100
LMT	LOCKHEED MARTIN CORP	31,375 (-1.8%)	$15.98M (-17.2%)	1.9%	$326.62	—	COM	539830109
ERII	ENERGY RECOVERY INC	693,886 (-15.1%)	$6.259M (-24.0%)	0.8%	$9.69	—	COM	29270J100
ORLY	OREILLY AUTOMOTIVE INC	731,153 (-2.5%)	$67.33M (-2.7%)	8.2%	$85.76	—	COM	67103H107
BRK/B	BERKSHIRE HATHAWAY INC DEL	107,115 (-1.7%)	$53.6M (+2.7%)	6.5%	$173.81	—	CL B NEW	084670702
V	VISA INC	40,207 (-2.1%)	$13.79M (+11.1%)	1.7%	$152.18	—	COM CL A	92826C839
MKL	MARKEL GROUP INC	44,214 (-3.5%)	$86.35M (-1.6%)	10.5%	$681.53	—	COM	570535104
MOH	MOLINA HEALTHCARE INC	14,356 (-2.8%)	$3.283M (+66.8%)	0.4%	$168.64	—	COM	60855R100
MSFT	MICROSOFT CORP	239,602 (-1.8%)	$89.38M (-1.1%)	10.9%	$29.12	—	COM	594918104
COHR	COHERENT CORP	5,681 (-7.0%)	$2.241M (+54.0%)	0.3%	$74.72	—	COM	19247G107
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	74,865 (-2.0%)	$1.606M (+51.5%)	0.2%	$11.86	—	COM	00650F109
MA	MASTERCARD INCORPORATED	63,770 (-2.0%)	$32.75M (+0.7%)	4.0%	$251.16	—	CL A	57636Q104
STWD	STARWOOD PPTY TR INC	134,478 (-1.3%)	$2.203M (-6.1%)	0.3%	$20.32	—	COM	85571B105
MGNI	MAGNITE INC	16,715 (-5.6%)	$317K (+50.7%)	0.0%	$13.81	—	COM	55955D100
OPRX	OPTIMIZERX CORP	73,860 (-4.4%)	$422K (-12.9%)	0.1%	$11.20	—	COM NEW	68401U204
CCI	CROWN CASTLE INC	3,000 (-7.4%)	$227K (-13.8%)	0.0%	$90.81	—	COM	22822V101
TRGP	TARGA RES CORP	1,421 (-11.3%)	$381K (-5.1%)	0.0%	$113.18	—	COM	87612G101
GOOD	GLADSTONE COMMERCIAL CORP	62,878 (-5.8%)	$773K (+1.4%)	0.1%	$18.50	—	COM	376536108

Unchanged Positions (40)

ATOM ATOMERA INC 1.6%

Value $12.79M Shares 1,468,660 Est. Cost $4.25 Unrealized —

OLED UNIVERSAL DISPLAY CORP 2.4%

Value $19.74M Shares 228,014 Est. Cost $58.15 Unrealized —

BOKF BOK FINL CORP 2.1%

Value $17.22M Shares 124,017 Est. Cost $52.46 Unrealized —

INTC INTEL CORP 0.2%

Value $1.591M Shares 11,393 Est. Cost $26.27 Unrealized —

CTSO CYTOSORBENTS CORP 0.2%

Value $1.941M Shares 5,189,218 Est. Cost $3.58 Unrealized —

PHYS SPROTT PHYSICAL GOLD TRUST 0.2%

Value $1.82M Shares 60,310 Est. Cost $16.73 Unrealized —

SBAC SBA COMMUNICATIONS CORP NEW 1.3%

Value $10.94M Shares 61,979 Est. Cost $205.61 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $1.141M Shares 8,345 Est. Cost $51.22 Unrealized —

AX AXOS FINANCIAL INC. 0.2%

Value $2.025M Shares 20,790 Est. Cost $41.73 Unrealized —

KMI KINDER MORGAN INC DEL 0.6%

Value $4.64M Shares 145,135 Est. Cost $15.28 Unrealized —

MPLX MPLX LP 1.3%

Value $10.44M Shares 185,366 Est. Cost $38.01 Unrealized —

BAC BANK AMERICA CORP 0.2%

Value $1.407M Shares 24,690 Est. Cost $16.61 Unrealized —

LAMR LAMAR ADVERTISING CO NEW 0.1%

Value $1.058M Shares 6,780 Est. Cost $122.40 Unrealized —

PRVA PRIVIA HEALTH GROUP INC 0.1%

Value $945K Shares 36,745 Est. Cost $25.41 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.5%

Value $4.493M Shares 6 Est. Cost $165023.42 Unrealized —

VOO VANGUARD INDEX FDS 0.2%

Value $1.326M Shares 1,930 Est. Cost $314.71 Unrealized —

EQIX EQUINIX INC 0.3%

Value $2.857M Shares 2,741 Est. Cost $295.95 Unrealized —

NEWT NEWTEK BUSINESS SVCS CORP 0.1%

Value $604K Shares 40,800 Est. Cost $17.68 Unrealized —

EPD ENTERPRISE PRODS PARTNERS LP 0.6%

Value $4.613M Shares 125,478 Est. Cost $45.48 Unrealized —

GLD SPDR GOLD TRUST 0.1%

Value $779K Shares 2,114 Est. Cost $135.59 Unrealized —

KMX CARMAX INC 0.1%

Value $583K Shares 11,020 Est. Cost $48.23 Unrealized —

ET ENERGY TRANSFER LP 1.0%

Value $8.611M Shares 450,367 Est. Cost $14.79 Unrealized —

BSM BLACK STONE MINERALS LP 0.1%

Value $1.032M Shares 73,900 Est. Cost $15.96 Unrealized —

GE GE AEROSPACE 0.0%

Value $346K Shares 925 Est. Cost $218.59 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.0%

Value $394K Shares 1,357 Est. Cost $207.74 Unrealized —

GEV GE VERNOVA INC. 0.0%

Value $271K Shares 231 Est. Cost $736.93 Unrealized —

VABK VIRGINIA NATL BANKSHARES CORP 0.1%

Value $479K Shares 10,800 Est. Cost $33.89 Unrealized —

ENVX ENOVIX CORPORATION 0.0%

Value $381K Shares 62,828 Est. Cost $10.96 Unrealized —

CCC CCC INTELLIGENT SOLUTIONS HL 0.0%

Value $315K Shares 60,957 Est. Cost $11.41 Unrealized —

ABBV ABBVIE INC 0.0%

Value $368K Shares 1,462 Est. Cost $135.33 Unrealized —

PNC PNC FINL SVCS GROUP INC 0.0%

Value $312K Shares 1,266 Est. Cost $167.50 Unrealized —

BN BROOKFIELD CORP 0.1%

Value $958K Shares 22,500 Est. Cost $29.78 Unrealized —

WMT WALMART INC 0.0%

Value $397K Shares 3,501 Est. Cost $56.04 Unrealized —

BRSP BRIGHTSPIRE CAPITAL INC 0.1%

Value $1.209M Shares 221,900 Est. Cost $7.64 Unrealized —

COST COSTCO WHSL CORP NEW 0.1%

Value $468K Shares 500 Est. Cost $359.04 Unrealized —

AIG AMERICAN INTL GROUP INC 0.2%

Value $1.504M Shares 20,180 Est. Cost $32.93 Unrealized —

BIP BROOKFIELD INFRAST PARTNERS 0.1%

Value $842K Shares 23,071 Est. Cost $35.74 Unrealized —

TPVG TRIPLEPOINT VENTURE GROWTH B 0.0%

Value $54,010 Shares 11,000 Est. Cost $7.29 Unrealized —

DIS DISNEY WALT CO 0.0%

Value $251K Shares 2,609 Est. Cost $155.53 Unrealized —

ENB ENBRIDGE INC. 0.0%

Value $215K Shares 3,975 Est. Cost $48.57 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ATOM	ATOMERA INC	1,468,660	$12.79M	1.6%	$4.25	—	COM	04965B100
OLED	UNIVERSAL DISPLAY CORP	228,014	$19.74M	2.4%	$58.15	—	COM	91347P105
BOKF	BOK FINL CORP	124,017	$17.22M	2.1%	$52.46	—	COM NEW	05561Q201
INTC	INTEL CORP	11,393	$1.591M	0.2%	$26.27	—	COM	458140100
CTSO	CYTOSORBENTS CORP	5,189,218	$1.941M	0.2%	$3.58	—	COM NEW	23283X206
PHYS	SPROTT PHYSICAL GOLD TRUST	60,310	$1.82M	0.2%	$16.73	—	UNIT	85207H104
SBAC	SBA COMMUNICATIONS CORP NEW	61,979	$10.94M	1.3%	$205.61	—	CL A	78410G104
XOM	EXXON MOBIL CORP	8,345	$1.141M	0.1%	$51.22	—	COM	30231G102
AX	AXOS FINANCIAL INC.	20,790	$2.025M	0.2%	$41.73	—	COM	05465C100
KMI	KINDER MORGAN INC DEL	145,135	$4.64M	0.6%	$15.28	—	COM	49456B101
MPLX	MPLX LP	185,366	$10.44M	1.3%	$38.01	—	COM UNIT REP LTD	55336V100
BAC	BANK AMERICA CORP	24,690	$1.407M	0.2%	$16.61	—	COM	060505104
LAMR	LAMAR ADVERTISING CO NEW	6,780	$1.058M	0.1%	$122.40	—	CL A	512816109
PRVA	PRIVIA HEALTH GROUP INC	36,745	$945K	0.1%	$25.41	—	COM	74276R102
BRK/A	BERKSHIRE HATHAWAY INC DEL	6	$4.493M	0.5%	$165023.42	—	CL A	084670108
VOO	VANGUARD INDEX FDS	1,930	$1.326M	0.2%	$314.71	—	S&P 500 ETF SHS	922908363
EQIX	EQUINIX INC	2,741	$2.857M	0.3%	$295.95	—	COM	29444U700
NEWT	NEWTEK BUSINESS SVCS CORP	40,800	$604K	0.1%	$17.68	—	COM NEW	652526203
EPD	ENTERPRISE PRODS PARTNERS LP	125,478	$4.613M	0.6%	$45.48	—	COM	293792107
GLD	SPDR GOLD TRUST	2,114	$779K	0.1%	$135.59	—	GOLD SHS	78463V107
KMX	CARMAX INC	11,020	$583K	0.1%	$48.23	—	COM	143130102
ET	ENERGY TRANSFER LP	450,367	$8.611M	1.0%	$14.79	—	COM UT LTD PTN	29273V100
BSM	BLACK STONE MINERALS LP	73,900	$1.032M	0.1%	$15.96	—	COM UNIT	09225M101
GE	GE AEROSPACE	925	$346K	0.0%	$218.59	—	COM NEW	369604301
LHX	L3HARRIS TECHNOLOGIES INC	1,357	$394K	0.0%	$207.74	—	COM	502431109
GEV	GE VERNOVA INC.	231	$271K	0.0%	$736.93	—	COM	36828A101
VABK	VIRGINIA NATL BANKSHARES CORP	10,800	$479K	0.1%	$33.89	—	COM	928031103
ENVX	ENOVIX CORPORATION	62,828	$381K	0.0%	$10.96	—	COM	293594107
CCC	CCC INTELLIGENT SOLUTIONS HL	60,957	$315K	0.0%	$11.41	—	COM	12510Q100
ABBV	ABBVIE INC	1,462	$368K	0.0%	$135.33	—	COM	00287Y109
PNC	PNC FINL SVCS GROUP INC	1,266	$312K	0.0%	$167.50	—	COM	693475105
BN	BROOKFIELD CORP	22,500	$958K	0.1%	$29.78	—	CL A LTD VT SH	11271J107
WMT	WALMART INC	3,501	$397K	0.0%	$56.04	—	COM	931142103
BRSP	BRIGHTSPIRE CAPITAL INC	221,900	$1.209M	0.1%	$7.64	—	COM CL A	10949T109
COST	COSTCO WHSL CORP NEW	500	$468K	0.1%	$359.04	—	COM	22160K105
AIG	AMERICAN INTL GROUP INC	20,180	$1.504M	0.2%	$32.93	—	COM NEW	026874784
BIP	BROOKFIELD INFRAST PARTNERS	23,071	$842K	0.1%	$35.74	—	LP INT UNIT	G16252101
TPVG	TRIPLEPOINT VENTURE GROWTH B	11,000	$54,010	0.0%	$7.29	—	COM	89677Y100
DIS	DISNEY WALT CO	2,609	$251K	0.0%	$155.53	—	COM	254687106
ENB	ENBRIDGE INC.	3,975	$215K	0.0%	$48.57	—	COM	29250N105