LVM CAPITAL MANAGEMENT LTD/MI Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LIEN	CHICAGO ATLANTIC BDC	161,326	$2	0.2%	$10.14	0.0%	COM	828174102
AES	AES	35,685	$1	0.0%	$14.03	0.0%	COM	00130H105
DVN	DEVON ENERGY	13,445	$0	0.0%	$34.73	0.0%	COM	25179M103
FCX	FREEPORT-MCMORAN	9,640	$0	0.0%	$43.31	0.0%	COM	35671D857
DLTR	DOLLAR TREE	3,937	$0	0.0%	$107.15	0.0%	COM	256746108
AIG	AMERICAN INTERNATIONAL GROUP	5,615	$0	0.0%	$79.68	0.0%	COM	026874784
LUV	SOUTHWEST AIRLINES	11,570	$0	0.0%	$34.79	0.0%	COM	844741108
LULU	LULULEMON ATHLETICA	2,295	$0	0.0%	$181.15	0.0%	COM	550021109
TKO	TKO GROUP HOLDINGS	2,230	$0	0.0%	$193.76	0.0%	COM	87256C101
SMCI	SUPER MICRO COMPUTER	14,990	$0	0.0%	$41.17	0.0%	COM	86800U302
MRNA	MODERNA	14,290	$0	0.0%	$27.17	0.0%	COM	60770K107
TSLA	TESLA	470	$0	0.0%	$443.29	0.0%	COM	88160R101

Increased Positions (19)

AMZN AMAZON 1.4%

Value ($000) $15 (+1134.6%) Shares 64,503 (+1074.3%) Est. Cost $220.89 Unrealized +3.6%

IAU ISHARES GOLD TRUST ETF 2.3%

Value ($000) $24 (+13.8%) Shares 301,370 (+2.0%) Est. Cost $29.86 Unrealized —

EMXC ISHARES MSCI EMERGING MARKETS 0.8%

Value ($000) $8 (+13.2%) Shares 111,653 (+5.2%) Est. Cost $0.06 Unrealized —

NVDA NVIDIA 1.5%

Value ($000) $16 (+5.7%) Shares 87,413 (+5.8%) Est. Cost $127.08 Unrealized +46.5%

PANW PALO ALTO NETWORKS 0.9%

Value ($000) $10 (-7.2%) Shares 54,938 (+2.6%) Est. Cost $176.15 Unrealized +14.5%

— ISHARES MSCI INTERNATIONAL QUA 1.1%

Value ($000) $12 (+6.6%) Shares 257,461 (+3.6%) Est. Cost $2.59 Unrealized —

HUBB HUBBELL 1.3%

Value ($000) $14 (+4.8%) Shares 30,635 (+1.5%) Est. Cost $327.50 Unrealized +33.5%

NUE NUCOR 0.1%

Value ($000) $1 (+147.5%) Shares 3,900 (+105.3%) Est. Cost $133.08 Unrealized +12.5%

IXUS ISHARES CORE INTERNATIONAL STO 0.5%

Value ($000) $5 (+7.3%) Shares 63,165 (+4.7%) Est. Cost $48.61 Unrealized —

SPTM SPDR PORTFOLIO TOTAL EQUITY MA 0.5%

Value ($000) $5 (+6.3%) Shares 64,031 (+3.9%) Est. Cost $34.87 Unrealized —

DUK DUKE ENERGY 0.1%

Value ($000) $1 (+54.8%) Shares 6,941 (+63.4%) Est. Cost $79.87 Unrealized +52.2%

XLV SPDR HEALTH CARE SECTOR ETF 0.1%

Value ($000) $1 (+17.4%) Shares 9,362 (+5.6%) Est. Cost $83.05 Unrealized —

XNTK SPDR NYSE TECHNOLOGY EQUITY ET 0.1%

Value ($000) $1 (+16.8%) Shares 3,379 (+14.4%) Est. Cost $0.23 Unrealized —

PFE PFIZER 0.8%

Value ($000) $8 (-1.3%) Shares 328,276 (+1.0%) Est. Cost $29.17 Unrealized -14.2%

VIG VANGUARD DIVIDEND APPRECIATION 0.1%

Value ($000) $1 (+5.7%) Shares 4,241 (+3.7%) Est. Cost $51.93 Unrealized —

XLK TECHNOLOGY SECTOR SPDR ETF 0.2%

Value ($000) $3 (+1.0%) Shares 18,377 (+97.7%) Est. Cost $51.40 Unrealized —

XLY SPDR CONSUMER DISCRETIONARY ET 0.0%

Value ($000) $0 (-2.0%) Shares 3,624 (+96.6%) Est. Cost $70.95 Unrealized —

VWO VANGUARD FTSE EMERGING MARKETS 0.1%

Value ($000) $1 (+1.1%) Shares 13,305 (+2.0%) Est. Cost $31.09 Unrealized —

XLE ENERGY SECTOR SPDR ETF 0.0%

Value ($000) $0 (-2.0%) Shares 5,542 (+95.9%) Est. Cost $0.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON	64,503 (+1074.3%)	$15 (+1134.6%)	1.4%	$220.89	+3.6%	COM	023135106
IAU	ISHARES GOLD TRUST ETF	301,370 (+2.0%)	$24 (+13.8%)	2.3%	$29.86	—	COM	464285204
EMXC	ISHARES MSCI EMERGING MARKETS	111,653 (+5.2%)	$8 (+13.2%)	0.8%	$0.06	—	COM	46434G764
NVDA	NVIDIA	87,413 (+5.8%)	$16 (+5.7%)	1.5%	$127.08	+46.5%	COM	67066G104
PANW	PALO ALTO NETWORKS	54,938 (+2.6%)	$10 (-7.2%)	0.9%	$176.15	+14.5%	COM	697435105
—	ISHARES MSCI INTERNATIONAL QUA	257,461 (+3.6%)	$12 (+6.6%)	1.1%	$2.59	—	COM	46434v456
HUBB	HUBBELL	30,635 (+1.5%)	$14 (+4.8%)	1.3%	$327.50	+33.5%	COM	443510607
NUE	NUCOR	3,900 (+105.3%)	$1 (+147.5%)	0.1%	$133.08	+12.5%	COM	670346105
IXUS	ISHARES CORE INTERNATIONAL STO	63,165 (+4.7%)	$5 (+7.3%)	0.5%	$48.61	—	COM	46432F834
SPTM	SPDR PORTFOLIO TOTAL EQUITY MA	64,031 (+3.9%)	$5 (+6.3%)	0.5%	$34.87	—	COM	78464A805
DUK	DUKE ENERGY	6,941 (+63.4%)	$1 (+54.8%)	0.1%	$79.87	+52.2%	COM	26441C204
XLV	SPDR HEALTH CARE SECTOR ETF	9,362 (+5.6%)	$1 (+17.4%)	0.1%	$83.05	—	COM	81369Y209
XNTK	SPDR NYSE TECHNOLOGY EQUITY ET	3,379 (+14.4%)	$1 (+16.8%)	0.1%	$0.23	—	COM	78464A102
PFE	PFIZER	328,276 (+1.0%)	$8 (-1.3%)	0.8%	$29.17	-14.2%	COM	717081103
VIG	VANGUARD DIVIDEND APPRECIATION	4,241 (+3.7%)	$1 (+5.7%)	0.1%	$51.93	—	COM	921908844
XLK	TECHNOLOGY SECTOR SPDR ETF	18,377 (+97.7%)	$3 (+1.0%)	0.2%	$51.40	—	COM	81369Y803
XLY	SPDR CONSUMER DISCRETIONARY ET	3,624 (+96.6%)	$0 (-2.0%)	0.0%	$70.95	—	COM	81369Y407
VWO	VANGUARD FTSE EMERGING MARKETS	13,305 (+2.0%)	$1 (+1.1%)	0.1%	$31.09	—	COM	922042858
XLE	ENERGY SECTOR SPDR ETF	5,542 (+95.9%)	$0 (-2.0%)	0.0%	$0.07	—	COM	81369Y506

Exited Positions (16)

SBUX STARBUCKS 0.3%

Value ($000) $4 Shares 41,557 Est. Cost $100.20 Unrealized -16.1%

LRCX LAM RESEARCH 0.1%

Value ($000) $1 Shares 4,230 Est. Cost $105.52 Unrealized +47.2%

MNST MONSTER BEVERAGE 0.1%

Value ($000) $1 Shares 8,090 Est. Cost $62.42 Unrealized +14.8%

VMC VULCAN MATERIALS 0.1%

Value ($000) $1 Shares 1,755 Est. Cost $283.25 Unrealized +3.5%

APA APA 0.0%

Value ($000) $1 Shares 21,900 Est. Cost $20.82 Unrealized +15.9%

NRG NRG ENERGY 0.0%

Value ($000) $1 Shares 3,268 Est. Cost $155.26 Unrealized +6.5%

RL RALPH LAUREN 0.0%

Value ($000) $1 Shares 1,688 Est. Cost $296.30 Unrealized +14.8%

CMI CUMMINS 0.0%

Value ($000) $1 Shares 1,250 Est. Cost $380.68 Unrealized +22.5%

PODD INSULET 0.0%

Value ($000) $0 Shares 1,590 Est. Cost $313.31 Unrealized -0.2%

— KELLOGG 0.0%

Value ($000) $0 Shares 3,600 Est. Cost $48.00 Unrealized +72.2%

DTH WISDOMTREE INTERNATIONAL DIVID 0.0%

Value ($000) $0 Shares 4,700 Est. Cost $40.43 Unrealized —

USMV ISHARES MSCI USA MINIMUM VOLAT 0.0%

Value ($000) $0 Shares 2,280 Est. Cost $0.09 Unrealized —

TXN TEXAS INSTRUMENTS 0.0%

Value ($000) $0 Shares 1,168 Est. Cost $193.15 Unrealized -11.6%

DTE DTE ENERGY 0.0%

Value ($000) $0 Shares 1,508 Est. Cost $134.89 Unrealized -0.1%

BX BLACKSTONE GROUP LP 0.0%

Value ($000) $0 Shares 1,243 Est. Cost $169.47 Unrealized -10.6%

DBEF DEUTSCHE X TRACKERS HEDGED EQU 0.0%

Value ($000) $0 Shares 4,500 Est. Cost $0.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SBUX	STARBUCKS	41,557	$4	0.3%	$100.20	-16.1%	—	855244109
LRCX	LAM RESEARCH	4,230	$1	0.1%	$105.52	+47.2%	—	512807306
MNST	MONSTER BEVERAGE	8,090	$1	0.1%	$62.42	+14.8%	—	61174X109
VMC	VULCAN MATERIALS	1,755	$1	0.1%	$283.25	+3.5%	—	929160109
APA	APA	21,900	$1	0.0%	$20.82	+15.9%	—	03743Q108
NRG	NRG ENERGY	3,268	$1	0.0%	$155.26	+6.5%	—	629377508
RL	RALPH LAUREN	1,688	$1	0.0%	$296.30	+14.8%	—	751212101
CMI	CUMMINS	1,250	$1	0.0%	$380.68	+22.5%	—	231021106
PODD	INSULET	1,590	$0	0.0%	$313.31	-0.2%	—	45784P101
—	KELLOGG	3,600	$0	0.0%	$48.00	+72.2%	—	487836108
DTH	WISDOMTREE INTERNATIONAL DIVID	4,700	$0	0.0%	$40.43	—	—	97717W802
USMV	ISHARES MSCI USA MINIMUM VOLAT	2,280	$0	0.0%	$0.09	—	—	46429B697
TXN	TEXAS INSTRUMENTS	1,168	$0	0.0%	$193.15	-11.6%	—	882508104
DTE	DTE ENERGY	1,508	$0	0.0%	$134.89	-0.1%	—	233331107
BX	BLACKSTONE GROUP LP	1,243	$0	0.0%	$169.47	-10.6%	—	09260D107
DBEF	DEUTSCHE X TRACKERS HEDGED EQU	4,500	$0	0.0%	$0.05	—	—	233051200

Decreased Positions (55)

GOOGL ALPHABET CL A 3.9%

Value ($000) $42 (+22.8%) Shares 133,529 (-4.6%) Est. Cost $112.17 Unrealized +154.6%

HD HOME DEPOT 1.5%

Value ($000) $16 (-26.9%) Shares 46,073 (-13.9%) Est. Cost $181.12 Unrealized +101.3%

DIS WALT DISNEY 0.0%

Value ($000) $0 (-89.9%) Shares 3,791 (-89.8%) Est. Cost $98.56 Unrealized +11.1%

AAPL APPLE 9.3%

Value ($000) $100 (+3.3%) Shares 368,719 (-3.3%) Est. Cost $83.58 Unrealized +221.1%

MS MORGAN STANLEY 3.2%

Value ($000) $34 (+9.2%) Shares 192,743 (-2.2%) Est. Cost $39.89 Unrealized +317.3%

UBER UBER 0.8%

Value ($000) $8 (-24.3%) Shares 102,980 (-9.2%) Est. Cost $82.98 Unrealized +8.5%

AXP AMERICAN EXPRESS 2.7%

Value ($000) $29 (+10.1%) Shares 79,194 (-1.1%) Est. Cost $126.89 Unrealized +181.3%

AMAT APPLIED MATERIALS 1.8%

Value ($000) $19 (+15.7%) Shares 75,583 (-7.9%) Est. Cost $132.81 Unrealized +80.3%

EOG EOG RESOURCES 0.7%

Value ($000) $8 (-22.4%) Shares 74,505 (-17.1%) Est. Cost $120.35 Unrealized -10.9%

AVGO BROADCOM 7.7%

Value ($000) $83 (+2.2%) Shares 240,090 (-2.6%) Est. Cost $182.87 Unrealized +95.2%

MO ALTRIA GROUP 0.4%

Value ($000) $4 (-21.9%) Shares 77,040 (-10.5%) Est. Cost $27.42 Unrealized +116.5%

KR KROGER 1.1%

Value ($000) $12 (-8.3%) Shares 197,394 (-1.1%) Est. Cost $43.94 Unrealized +48.4%

GOOG ALPHABET CL C 0.3%

Value ($000) $3 (+25.2%) Shares 10,683 (-2.8%) Est. Cost $108.14 Unrealized +164.8%

O REALTY INCOME 0.4%

Value ($000) $4 (-12.9%) Shares 70,099 (-6.0%) Est. Cost $56.48 Unrealized +1.6%

CVX CHEVRON 0.5%

Value ($000) $6 (-8.7%) Shares 38,689 (-7.0%) Est. Cost $127.32 Unrealized +18.9%

CMA COMERICA 0.2%

Value ($000) $2 (+21.7%) Shares 28,107 (-4.1%) Est. Cost $41.97 Unrealized +90.6%

HSY HERSHEY 0.2%

Value ($000) $3 (-11.8%) Shares 14,212 (-9.3%) Est. Cost $122.64 Unrealized +48.5%

DGRW WISDOMTREE US DIV GROWTH ETF 2.4%

Value ($000) $25 (-1.3%) Shares 285,055 (-1.8%) Est. Cost $36.49 Unrealized —

DHS WISDOMTREE HIGH DIVIDEND ETF 0.3%

Value ($000) $3 (-8.1%) Shares 29,329 (-9.1%) Est. Cost $64.33 Unrealized —

T AT&T 0.1%

Value ($000) $1 (-31.0%) Shares 21,834 (-21.6%) Est. Cost $20.02 Unrealized +26.3%

MRK MERCK 0.1%

Value ($000) $1 (+23.3%) Shares 11,977 (-1.8%) Est. Cost $51.54 Unrealized +80.9%

NOBL PROSHARES S&P 500 DIVIDEND ARI 0.0%

Value ($000) $0 (-39.8%) Shares 3,365 (-40.3%) Est. Cost $84.50 Unrealized —

LMT LOCKHEED MARTIN 0.4%

Value ($000) $5 (-4.5%) Shares 9,613 (-1.5%) Est. Cost $325.03 Unrealized +46.5%

TD TORONTO-DOMINION BANK 0.2%

Value ($000) $2 (+15.5%) Shares 17,336 (-2.0%) Est. Cost $52.46 Unrealized +61.0%

CAT CATERPILLAR 0.1%

Value ($000) $1 (+18.4%) Shares 2,166 (-1.4%) Est. Cost $230.07 Unrealized +141.4%

KMB KIMBERLY CLARK 0.0%

Value ($000) $0 (-25.2%) Shares 4,355 (-7.8%) Est. Cost $115.28 Unrealized -6.0%

MDT MEDTRONIC 0.1%

Value ($000) $1 (-10.2%) Shares 12,196 (-11.0%) Est. Cost $100.84 Unrealized -3.7%

IBM INTERNATIONAL BUSINESS MACHINE 0.3%

Value ($000) $3 (+3.5%) Shares 11,520 (-1.4%) Est. Cost $121.02 Unrealized +146.9%

PEP PEPSICO 0.2%

Value ($000) $3 (-4.1%) Shares 17,910 (-6.1%) Est. Cost $116.73 Unrealized +25.0%

RTX RTX CORP 0.1%

Value ($000) $1 (+8.2%) Shares 7,662 (-1.3%) Est. Cost $60.96 Unrealized +184.3%

ICLR ICON 0.5%

Value ($000) $6 (+1.8%) Shares 32,257 (-2.2%) Est. Cost $134.19 Unrealized +32.7%

CTAS CINTAS 0.1%

Value ($000) $1 (-10.0%) Shares 4,950 (-1.8%) Est. Cost $161.04 Unrealized +16.8%

TMO THERMO FISHER SCIENTIFIC 0.1%

Value ($000) $1 (+16.2%) Shares 1,128 (-2.8%) Est. Cost $123.28 Unrealized +358.5%

VZ VERIZON COMMUNICATIONS 0.0%

Value ($000) $0 (-17.2%) Shares 10,540 (-10.6%) Est. Cost $35.33 Unrealized +14.6%

IJH ISHARES S&P MID-CAP EQUITY ETF 0.1%

Value ($000) $1 (-7.5%) Shares 16,257 (-8.5%) Est. Cost $15.20 Unrealized —

BMY BRISTOL-MYERS SQUIBB 0.1%

Value ($000) $1 (+14.4%) Shares 12,224 (-4.3%) Est. Cost $41.08 Unrealized +15.7%

SCHD SCHWAB US DIVIDEND EQ ETF 0.4%

Value ($000) $4 (-2.1%) Shares 139,177 (-2.6%) Est. Cost $0.04 Unrealized —

CLX CLOROX 0.0%

Value ($000) $0 (-20.5%) Shares 3,084 (-2.7%) Est. Cost $104.08 Unrealized +4.0%

IJR ISHARES S&P SMALLCAP 600 INDEX 0.1%

Value ($000) $1 (-8.3%) Shares 6,586 (-9.5%) Est. Cost $0.11 Unrealized —

META META PLATFORMS 0.0%

Value ($000) $0 (-13.5%) Shares 678 (-3.8%) Est. Cost $283.88 Unrealized +135.1%

COST COSTCO WHOLESALE 0.1%

Value ($000) $1 (-11.1%) Shares 630 (-4.5%) Est. Cost $699.03 Unrealized +29.6%

PSX PHILLIPS 66 0.1%

Value ($000) $1 (-9.3%) Shares 4,395 (-4.4%) Est. Cost $54.81 Unrealized +144.5%

SMH VANECK SEMICONDUCTOR ETF 0.1%

Value ($000) $1 (+4.9%) Shares 2,745 (-5.0%) Est. Cost $128.59 Unrealized —

BRK/B BERKSHIRE HATHAWAY CL B 0.2%

Value ($000) $2 (-1.3%) Shares 4,625 (-1.3%) Est. Cost $150.41 Unrealized +230.8%

IVV ISHARES S&P 500 INDEX ETF 0.1%

Value ($000) $1 (-4.7%) Shares 853 (-6.9%) Est. Cost $218.16 Unrealized —

GIS GENERAL MILLS 0.0%

Value ($000) $0 (-10.6%) Shares 5,105 (-2.8%) Est. Cost $53.25 Unrealized -10.9%

MCD MCDONALDS 0.1%

Value ($000) $1 (-1.9%) Shares 3,167 (-2.5%) Est. Cost $137.66 Unrealized +121.6%

MBWM MERCANTILE BANK 0.1%

Value ($000) $1 (+2.4%) Shares 13,977 (-4.1%) Est. Cost $46.86 Unrealized -2.1%

GD GENERAL DYNAMICS 0.0%

Value ($000) $0 (-5.8%) Shares 725 (-4.6%) Est. Cost $274.35 Unrealized +24.2%

MMM 3M 0.1%

Value ($000) $1 (-1.1%) Shares 6,584 (-4.2%) Est. Cost $107.63 Unrealized +51.6%

WMT WALMART 0.0%

Value ($000) $0 (+2.1%) Shares 4,320 (-5.5%) Est. Cost $49.82 Unrealized +115.2%

TJX TJX COMPANIES 0.0%

Value ($000) $0 (+3.0%) Shares 2,043 (-3.3%) Est. Cost $118.03 Unrealized +25.1%

EES WISDOMTREE SMALLCAP EARNINGS E 0.0%

Value ($000) $0 (-3.9%) Shares 3,916 (-5.8%) Est. Cost $0.04 Unrealized —

ADBE ADOBE 0.0%

Value ($000) $0 (-2.0%) Shares 688 (-1.4%) Est. Cost $484.22 Unrealized -29.8%

DE DEERE 0.1%

Value ($000) $1 (-0.4%) Shares 2,095 (-2.1%) Est. Cost $396.14 Unrealized +18.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET CL A	133,529 (-4.6%)	$42 (+22.8%)	3.9%	$112.17	+154.6%	COM	02079K305
HD	HOME DEPOT	46,073 (-13.9%)	$16 (-26.9%)	1.5%	$181.12	+101.3%	COM	437076102
DIS	WALT DISNEY	3,791 (-89.8%)	$0 (-89.9%)	0.0%	$98.56	+11.1%	COM	254687106
AAPL	APPLE	368,719 (-3.3%)	$100 (+3.3%)	9.3%	$83.58	+221.1%	COM	037833100
MS	MORGAN STANLEY	192,743 (-2.2%)	$34 (+9.2%)	3.2%	$39.89	+317.3%	COM	617446448
UBER	UBER	102,980 (-9.2%)	$8 (-24.3%)	0.8%	$82.98	+8.5%	COM	90353T100
AXP	AMERICAN EXPRESS	79,194 (-1.1%)	$29 (+10.1%)	2.7%	$126.89	+181.3%	COM	025816109
AMAT	APPLIED MATERIALS	75,583 (-7.9%)	$19 (+15.7%)	1.8%	$132.81	+80.3%	COM	038222105
EOG	EOG RESOURCES	74,505 (-17.1%)	$8 (-22.4%)	0.7%	$120.35	-10.9%	COM	26875P101
AVGO	BROADCOM	240,090 (-2.6%)	$83 (+2.2%)	7.7%	$182.87	+95.2%	COM	11135F101
MO	ALTRIA GROUP	77,040 (-10.5%)	$4 (-21.9%)	0.4%	$27.42	+116.5%	COM	02209S103
KR	KROGER	197,394 (-1.1%)	$12 (-8.3%)	1.1%	$43.94	+48.4%	COM	501044101
GOOG	ALPHABET CL C	10,683 (-2.8%)	$3 (+25.2%)	0.3%	$108.14	+164.8%	COM	02079K107
O	REALTY INCOME	70,099 (-6.0%)	$4 (-12.9%)	0.4%	$56.48	+1.6%	COM	756109104
CVX	CHEVRON	38,689 (-7.0%)	$6 (-8.7%)	0.5%	$127.32	+18.9%	COM	166764100
CMA	COMERICA	28,107 (-4.1%)	$2 (+21.7%)	0.2%	$41.97	+90.6%	COM	200340107
HSY	HERSHEY	14,212 (-9.3%)	$3 (-11.8%)	0.2%	$122.64	+48.5%	COM	427866108
DGRW	WISDOMTREE US DIV GROWTH ETF	285,055 (-1.8%)	$25 (-1.3%)	2.4%	$36.49	—	COM	97717X669
DHS	WISDOMTREE HIGH DIVIDEND ETF	29,329 (-9.1%)	$3 (-8.1%)	0.3%	$64.33	—	COM	97717W208
T	AT&T	21,834 (-21.6%)	$1 (-31.0%)	0.1%	$20.02	+26.3%	COM	00206R102
MRK	MERCK	11,977 (-1.8%)	$1 (+23.3%)	0.1%	$51.54	+80.9%	COM	58933Y105
NOBL	PROSHARES S&P 500 DIVIDEND ARI	3,365 (-40.3%)	$0 (-39.8%)	0.0%	$84.50	—	COM	74348A467
LMT	LOCKHEED MARTIN	9,613 (-1.5%)	$5 (-4.5%)	0.4%	$325.03	+46.5%	COM	539830109
TD	TORONTO-DOMINION BANK	17,336 (-2.0%)	$2 (+15.5%)	0.2%	$52.46	+61.0%	COM	891160509
CAT	CATERPILLAR	2,166 (-1.4%)	$1 (+18.4%)	0.1%	$230.07	+141.4%	COM	149123101
KMB	KIMBERLY CLARK	4,355 (-7.8%)	$0 (-25.2%)	0.0%	$115.28	-6.0%	COM	494368103
MDT	MEDTRONIC	12,196 (-11.0%)	$1 (-10.2%)	0.1%	$100.84	-3.7%	COM	G5960L103
IBM	INTERNATIONAL BUSINESS MACHINE	11,520 (-1.4%)	$3 (+3.5%)	0.3%	$121.02	+146.9%	COM	459200101
PEP	PEPSICO	17,910 (-6.1%)	$3 (-4.1%)	0.2%	$116.73	+25.0%	COM	713448108
RTX	RTX CORP	7,662 (-1.3%)	$1 (+8.2%)	0.1%	$60.96	+184.3%	COM	75513E101
ICLR	ICON	32,257 (-2.2%)	$6 (+1.8%)	0.5%	$134.19	+32.7%	COM	G4705A100
CTAS	CINTAS	4,950 (-1.8%)	$1 (-10.0%)	0.1%	$161.04	+16.8%	COM	172908105
TMO	THERMO FISHER SCIENTIFIC	1,128 (-2.8%)	$1 (+16.2%)	0.1%	$123.28	+358.5%	COM	883556102
VZ	VERIZON COMMUNICATIONS	10,540 (-10.6%)	$0 (-17.2%)	0.0%	$35.33	+14.6%	COM	92343V104
IJH	ISHARES S&P MID-CAP EQUITY ETF	16,257 (-8.5%)	$1 (-7.5%)	0.1%	$15.20	—	COM	464287507
BMY	BRISTOL-MYERS SQUIBB	12,224 (-4.3%)	$1 (+14.4%)	0.1%	$41.08	+15.7%	COM	110122108
SCHD	SCHWAB US DIVIDEND EQ ETF	139,177 (-2.6%)	$4 (-2.1%)	0.4%	$0.04	—	COM	808524797
CLX	CLOROX	3,084 (-2.7%)	$0 (-20.5%)	0.0%	$104.08	+4.0%	COM	189054109
IJR	ISHARES S&P SMALLCAP 600 INDEX	6,586 (-9.5%)	$1 (-8.3%)	0.1%	$0.11	—	COM	464287804
META	META PLATFORMS	678 (-3.8%)	$0 (-13.5%)	0.0%	$283.88	+135.1%	COM	30303M102
COST	COSTCO WHOLESALE	630 (-4.5%)	$1 (-11.1%)	0.1%	$699.03	+29.6%	COM	22160K105
PSX	PHILLIPS 66	4,395 (-4.4%)	$1 (-9.3%)	0.1%	$54.81	+144.5%	COM	718546104
SMH	VANECK SEMICONDUCTOR ETF	2,745 (-5.0%)	$1 (+4.9%)	0.1%	$128.59	—	COM	92189F676
BRK/B	BERKSHIRE HATHAWAY CL B	4,625 (-1.3%)	$2 (-1.3%)	0.2%	$150.41	+230.8%	COM	084670702
IVV	ISHARES S&P 500 INDEX ETF	853 (-6.9%)	$1 (-4.7%)	0.1%	$218.16	—	COM	464287200
GIS	GENERAL MILLS	5,105 (-2.8%)	$0 (-10.6%)	0.0%	$53.25	-10.9%	COM	370334104
MCD	MCDONALDS	3,167 (-2.5%)	$1 (-1.9%)	0.1%	$137.66	+121.6%	COM	580135101
MBWM	MERCANTILE BANK	13,977 (-4.1%)	$1 (+2.4%)	0.1%	$46.86	-2.1%	COM	587376104
GD	GENERAL DYNAMICS	725 (-4.6%)	$0 (-5.8%)	0.0%	$274.35	+24.2%	COM	369550108
MMM	3M	6,584 (-4.2%)	$1 (-1.1%)	0.1%	$107.63	+51.6%	COM	88579Y101
WMT	WALMART	4,320 (-5.5%)	$0 (+2.1%)	0.0%	$49.82	+115.2%	COM	931142103
TJX	TJX COMPANIES	2,043 (-3.3%)	$0 (+3.0%)	0.0%	$118.03	+25.1%	COM	872540109
EES	WISDOMTREE SMALLCAP EARNINGS E	3,916 (-5.8%)	$0 (-3.9%)	0.0%	$0.04	—	COM	97717W562
ADBE	ADOBE	688 (-1.4%)	$0 (-2.0%)	0.0%	$484.22	-29.8%	COM	00724F101
DE	DEERE	2,095 (-2.1%)	$1 (-0.4%)	0.1%	$396.14	+18.1%	COM	244199105

Unchanged Positions (75)

LLY ELI LILLY 5.1%

Value ($000) $55 Shares 51,197 Est. Cost $285.39 Unrealized +234.8%

MSFT MICROSOFT 7.6%

Value ($000) $82 Shares 168,571 Est. Cost $38.96 Unrealized +1185.0%

CSCO CISCO SYSTEMS 2.8%

Value ($000) $30 Shares 391,748 Est. Cost $19.20 Unrealized +284.4%

JNJ JOHNSON & JOHNSON 2.8%

Value ($000) $30 Shares 145,288 Est. Cost $84.82 Unrealized +132.3%

PG PROCTER & GAMBLE 2.4%

Value ($000) $26 Shares 181,212 Est. Cost $109.58 Unrealized +34.3%

XOM EXXON MOBIL 2.8%

Value ($000) $30 Shares 247,550 Est. Cost $67.05 Unrealized +72.2%

VRTX VERTEX PHARMACEUTICALS 1.1%

Value ($000) $12 Shares 25,775 Est. Cost $238.68 Unrealized +80.6%

CRM SALESFORCE 1.2%

Value ($000) $13 Shares 48,551 Est. Cost $230.42 Unrealized +7.7%

NOC NORTHROP GRUMMAN 2.1%

Value ($000) $22 Shares 39,169 Est. Cost $357.37 Unrealized +62.0%

AMGN AMGEN 0.9%

Value ($000) $10 Shares 30,207 Est. Cost $129.99 Unrealized +143.1%

DLR DIGITAL REALTY TRUST 0.7%

Value ($000) $7 Shares 46,392 Est. Cost $86.71 Unrealized +88.1%

SYK STRYKER 1.2%

Value ($000) $13 Shares 37,063 Est. Cost $171.70 Unrealized +111.7%

NVT NVENT ELECTRIC 1.6%

Value ($000) $17 Shares 165,427 Est. Cost $57.18 Unrealized +81.2%

IDA IDACORP 1.5%

Value ($000) $16 Shares 126,792 Est. Cost $65.75 Unrealized +97.8%

ABBV ABBVIE 3.6%

Value ($000) $39 Shares 169,711 Est. Cost $50.56 Unrealized +350.0%

ORCL ORACLE 0.1%

Value ($000) $1 Shares 5,211 Est. Cost $55.07 Unrealized +332.3%

FTNT FORTINET 0.7%

Value ($000) $8 Shares 97,551 Est. Cost $66.68 Unrealized +24.4%

JPM JPMORGAN CHASE 1.7%

Value ($000) $18 Shares 55,936 Est. Cost $215.36 Unrealized +43.7%

SYY SYSCO 0.3%

Value ($000) $3 Shares 39,910 Est. Cost $42.91 Unrealized +76.0%

FISV FISERV INC 0.0%

Value ($000) $0 Shares 5,250 Est. Cost $52.92 Unrealized +58.5%

GLD SPDR GOLD TRUST ETF 0.3%

Value ($000) $3 Shares 7,575 Est. Cost $68.39 Unrealized —

ABT ABBOTT LABS 0.3%

Value ($000) $4 Shares 28,951 Est. Cost $44.72 Unrealized +184.7%

SPY SPDR S&P 500 EQUITY ETF 1.2%

Value ($000) $13 Shares 19,177 Est. Cost $341.36 Unrealized —

PHYS SPROTT PHYSICAL GOLD TRUST 0.1%

Value ($000) $1 Shares 43,675 Est. Cost $9.61 Unrealized —

AZN ASTRAZENECA ADR 0.1%

Value ($000) $1 Shares 7,411 Est. Cost $38.34 Unrealized —

NEE NEXTERA ENERGY 0.2%

Value ($000) $2 Shares 22,192 Est. Cost $54.66 Unrealized +50.9%

ADP AUTOMATIC DATA PROCESSING 0.1%

Value ($000) $1 Shares 2,559 Est. Cost $222.04 Unrealized +19.3%

ETN EATON 0.0%

Value ($000) $1 Shares 1,633 Est. Cost $160.25 Unrealized +121.1%

KO COCA-COLA 0.2%

Value ($000) $2 Shares 27,524 Est. Cost $32.48 Unrealized +113.6%

FAST FASTENAL 0.0%

Value ($000) $0 Shares 9,000 Est. Cost $34.40 Unrealized +22.2%

INTC INTEL 0.1%

Value ($000) $1 Shares 23,006 Est. Cost $24.13 Unrealized +56.5%

BAC BANK OF AMERICA 0.1%

Value ($000) $1 Shares 17,993 Est. Cost $24.75 Unrealized +112.8%

AMT AMERICAN TOWER 0.1%

Value ($000) $1 Shares 3,682 Est. Cost $152.11 Unrealized +18.5%

DGRS WISDOMTREE US SMALLCAP DIV GRO 0.6%

Value ($000) $7 Shares 137,487 Est. Cost $16.46 Unrealized —

GNTX GENTEX 0.0%

Value ($000) $0 Shares 11,050 Est. Cost $28.18 Unrealized -14.4%

CASY CASEYS GENERAL STORES 0.2%

Value ($000) $2 Shares 3,780 Est. Cost $56.07 Unrealized +880.3%

PM PHILIP MORRIS 0.4%

Value ($000) $4 Shares 24,373 Est. Cost $66.39 Unrealized +131.3%

WM WASTE MANAGEMENT 0.6%

Value ($000) $7 Shares 30,758 Est. Cost $56.80 Unrealized +274.2%

UNH UNITEDHEALTH GROUP 0.1%

Value ($000) $1 Shares 2,440 Est. Cost $183.51 Unrealized +83.8%

SO SOUTHERN 0.0%

Value ($000) $0 Shares 4,807 Est. Cost $92.22 Unrealized -1.4%

PH PARKER-HANNIFIN 0.0%

Value ($000) $0 Shares 299 Est. Cost $628.26 Unrealized +30.2%

TRV TRAVELERS 0.1%

Value ($000) $1 Shares 3,251 Est. Cost $72.91 Unrealized +284.9%

CNI CANADIAN NATIONAL RAILWAY 0.1%

Value ($000) $1 Shares 6,300 Est. Cost $41.86 Unrealized +129.7%

APD AIR PRODUCTS & CHEMICALS 0.0%

Value ($000) $0 Shares 1,132 Est. Cost $174.95 Unrealized +43.8%

PNC PNC FINANCIAL 0.1%

Value ($000) $1 Shares 3,267 Est. Cost $80.52 Unrealized +139.4%

SPGI S&P GLOBAL 0.0%

Value ($000) $0 Shares 707 Est. Cost $431.52 Unrealized +14.5%

SPDW SPDR PORTFOLIO DEVELOPED WORLD 0.1%

Value ($000) $1 Shares 15,100 Est. Cost $0.03 Unrealized —

IWF ISHARES RUSSELL 1000 GROWTH IN 0.2%

Value ($000) $2 Shares 5,041 Est. Cost $42.98 Unrealized —

— BLACKROCK 0.0%

Value ($000) $0 Shares 250 Est. Cost $1.03 Unrealized —

USB US BANCORP 0.0%

Value ($000) $0 Shares 4,166 Est. Cost $46.35 Unrealized +5.1%

TT TRANE 0.0%

Value ($000) $0 Shares 550 Est. Cost $392.99 Unrealized +5.2%

FNV FRANCO-NEVADA 0.0%

Value ($000) $0 Shares 1,000 Est. Cost $180.19 Unrealized +12.5%

V VISA CL A 0.1%

Value ($000) $1 Shares 2,102 Est. Cost $208.63 Unrealized +63.2%

DFUV DIMENSIONAL US MARKETWIDE VALU 0.0%

Value ($000) $0 Shares 7,391 Est. Cost $0.04 Unrealized —

CHD CHURCH & DWIGHT 0.0%

Value ($000) $0 Shares 2,864 Est. Cost $40.17 Unrealized +112.3%

SRE SEMPRA ENERGY 0.1%

Value ($000) $1 Shares 6,677 Est. Cost $58.74 Unrealized +54.1%

NSC NORFOLK SOUTHERN 0.0%

Value ($000) $0 Shares 835 Est. Cost $233.06 Unrealized +23.8%

BF/B BROWN-FORMAN CL B 0.0%

Value ($000) $0 Shares 8,905 Est. Cost $59.73 Unrealized -53.2%

OMZNF ORISKO METALS 0.0%

Value ($000) $0 Shares 33,200 Est. Cost $0.31 Unrealized +27.1%

VOO VANGUARD S&P 500 ETF 0.0%

Value ($000) $0 Shares 578 Est. Cost $0.50 Unrealized —

VUG VANGUARD GROWTH ETF 0.0%

Value ($000) $0 Shares 818 Est. Cost $0.37 Unrealized —

— ATOSSA THERAPEUTICS 0.0%

Value ($000) $0 Shares 21,000 Est. Cost $0.00 Unrealized —

AEP AMERICAN ELECTRIC POWER 0.0%

Value ($000) $0 Shares 1,900 Est. Cost $108.19 Unrealized +8.8%

ONEQ FIDELITY NASDAQ COMPOSITE INDE 0.0%

Value ($000) $0 Shares 2,281 Est. Cost $0.09 Unrealized —

VTI VANGUARD TOTAL STOCK MARKET ET 0.0%

Value ($000) $0 Shares 727 Est. Cost $0.30 Unrealized —

CL COLGATE PALMOLIVE 0.0%

Value ($000) $0 Shares 3,184 Est. Cost $56.80 Unrealized +37.9%

YUM YUM BRANDS 0.0%

Value ($000) $0 Shares 2,577 Est. Cost $125.43 Unrealized +17.7%

MA MASTERCARD 0.0%

Value ($000) $0 Shares 710 Est. Cost $326.44 Unrealized +71.2%

BRK/A BERKSHIRE HATHAWAY CL A 0.1%

Value ($000) $1 Shares 1 Est. Cost $230816.08 Unrealized +223.4%

DVY ISHARES DIVIDEND EQUITY ETF 0.0%

Value ($000) $0 Shares 1,516 Est. Cost $0.13 Unrealized —

IGPG GNIS PETROLEUM 0.0%

Value ($000) $0 Shares 22,000 Est. Cost $0.00 Unrealized -80.8%

VXRT VAXART 0.0%

Value ($000) $0 Shares 25,000 Est. Cost $0.81 Unrealized -55.4%

ECCI ECOLOCLEAN INDUSTRIES 0.0%

Value ($000) $0 Shares 26,300 Est. Cost $0.00 Unrealized -90.0%

FRBKQ REPUBLIC FIRST BANCORP 0.0%

Value ($000) $0 Shares 50,000 Est. Cost $0.12 Unrealized -99.9%

— WEBB INTERACT SERVICES 0.0%

Value ($000) $0 Shares 303,575 Est. Cost $0.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY	51,197	$55	5.1%	$285.39	+234.8%	COM	532457108
MSFT	MICROSOFT	168,571	$82	7.6%	$38.96	+1185.0%	COM	594918104
CSCO	CISCO SYSTEMS	391,748	$30	2.8%	$19.20	+284.4%	COM	17275R102
JNJ	JOHNSON & JOHNSON	145,288	$30	2.8%	$84.82	+132.3%	COM	478160104
PG	PROCTER & GAMBLE	181,212	$26	2.4%	$109.58	+34.3%	COM	742718109
XOM	EXXON MOBIL	247,550	$30	2.8%	$67.05	+72.2%	COM	30231G102
VRTX	VERTEX PHARMACEUTICALS	25,775	$12	1.1%	$238.68	+80.6%	COM	92532F100
CRM	SALESFORCE	48,551	$13	1.2%	$230.42	+7.7%	COM	79466L302
NOC	NORTHROP GRUMMAN	39,169	$22	2.1%	$357.37	+62.0%	COM	666807102
AMGN	AMGEN	30,207	$10	0.9%	$129.99	+143.1%	COM	031162100
DLR	DIGITAL REALTY TRUST	46,392	$7	0.7%	$86.71	+88.1%	COM	253868103
SYK	STRYKER	37,063	$13	1.2%	$171.70	+111.7%	COM	863667101
NVT	NVENT ELECTRIC	165,427	$17	1.6%	$57.18	+81.2%	COM	G6700G107
IDA	IDACORP	126,792	$16	1.5%	$65.75	+97.8%	COM	451107106
ABBV	ABBVIE	169,711	$39	3.6%	$50.56	+350.0%	COM	00287Y109
ORCL	ORACLE	5,211	$1	0.1%	$55.07	+332.3%	COM	68389X105
FTNT	FORTINET	97,551	$8	0.7%	$66.68	+24.4%	COM	34959E109
JPM	JPMORGAN CHASE	55,936	$18	1.7%	$215.36	+43.7%	COM	46625H100
SYY	SYSCO	39,910	$3	0.3%	$42.91	+76.0%	COM	871829107
FISV	FISERV INC	5,250	$0	0.0%	$52.92	+58.5%	COM	337738108
GLD	SPDR GOLD TRUST ETF	7,575	$3	0.3%	$68.39	—	COM	78463V107
ABT	ABBOTT LABS	28,951	$4	0.3%	$44.72	+184.7%	COM	002824100
SPY	SPDR S&P 500 EQUITY ETF	19,177	$13	1.2%	$341.36	—	COM	78462F103
PHYS	SPROTT PHYSICAL GOLD TRUST	43,675	$1	0.1%	$9.61	—	COM	85207H104
AZN	ASTRAZENECA ADR	7,411	$1	0.1%	$38.34	—	COM	046353108
NEE	NEXTERA ENERGY	22,192	$2	0.2%	$54.66	+50.9%	COM	65339F101
ADP	AUTOMATIC DATA PROCESSING	2,559	$1	0.1%	$222.04	+19.3%	COM	053015103
ETN	EATON	1,633	$1	0.0%	$160.25	+121.1%	COM	G29183103
KO	COCA-COLA	27,524	$2	0.2%	$32.48	+113.6%	COM	191216100
FAST	FASTENAL	9,000	$0	0.0%	$34.40	+22.2%	COM	311900104
INTC	INTEL	23,006	$1	0.1%	$24.13	+56.5%	COM	458140100
BAC	BANK OF AMERICA	17,993	$1	0.1%	$24.75	+112.8%	COM	060505104
AMT	AMERICAN TOWER	3,682	$1	0.1%	$152.11	+18.5%	COM	03027X100
DGRS	WISDOMTREE US SMALLCAP DIV GRO	137,487	$7	0.6%	$16.46	—	COM	97717X651
GNTX	GENTEX	11,050	$0	0.0%	$28.18	-14.4%	COM	371901109
CASY	CASEYS GENERAL STORES	3,780	$2	0.2%	$56.07	+880.3%	COM	147528103
PM	PHILIP MORRIS	24,373	$4	0.4%	$66.39	+131.3%	COM	718172109
WM	WASTE MANAGEMENT	30,758	$7	0.6%	$56.80	+274.2%	COM	94106L109
UNH	UNITEDHEALTH GROUP	2,440	$1	0.1%	$183.51	+83.8%	COM	91324P102
SO	SOUTHERN	4,807	$0	0.0%	$92.22	-1.4%	COM	842587107
PH	PARKER-HANNIFIN	299	$0	0.0%	$628.26	+30.2%	COM	701094104
TRV	TRAVELERS	3,251	$1	0.1%	$72.91	+284.9%	COM	89417E109
CNI	CANADIAN NATIONAL RAILWAY	6,300	$1	0.1%	$41.86	+129.7%	COM	136375102
APD	AIR PRODUCTS & CHEMICALS	1,132	$0	0.0%	$174.95	+43.8%	COM	009158106
PNC	PNC FINANCIAL	3,267	$1	0.1%	$80.52	+139.4%	COM	693475105
SPGI	S&P GLOBAL	707	$0	0.0%	$431.52	+14.5%	COM	78409V104
SPDW	SPDR PORTFOLIO DEVELOPED WORLD	15,100	$1	0.1%	$0.03	—	COM	78463X889
IWF	ISHARES RUSSELL 1000 GROWTH IN	5,041	$2	0.2%	$42.98	—	COM	464287614
—	BLACKROCK	250	$0	0.0%	$1.03	—	COM	09247X101
USB	US BANCORP	4,166	$0	0.0%	$46.35	+5.1%	COM	902973304
TT	TRANE	550	$0	0.0%	$392.99	+5.2%	COM	G8994E103
FNV	FRANCO-NEVADA	1,000	$0	0.0%	$180.19	+12.5%	COM	351858105
V	VISA CL A	2,102	$1	0.1%	$208.63	+63.2%	COM	92826C839
DFUV	DIMENSIONAL US MARKETWIDE VALU	7,391	$0	0.0%	$0.04	—	COM	25434V724
CHD	CHURCH & DWIGHT	2,864	$0	0.0%	$40.17	+112.3%	COM	171340102
SRE	SEMPRA ENERGY	6,677	$1	0.1%	$58.74	+54.1%	COM	816851109
NSC	NORFOLK SOUTHERN	835	$0	0.0%	$233.06	+23.8%	COM	655844108
BF/B	BROWN-FORMAN CL B	8,905	$0	0.0%	$59.73	-53.2%	COM	115637209
OMZNF	ORISKO METALS	33,200	$0	0.0%	$0.31	+27.1%	COM	688274109
VOO	VANGUARD S&P 500 ETF	578	$0	0.0%	$0.50	—	COM	922908363
VUG	VANGUARD GROWTH ETF	818	$0	0.0%	$0.37	—	COM	922908736
—	ATOSSA THERAPEUTICS	21,000	$0	0.0%	$0.00	—	COM	04962H506
AEP	AMERICAN ELECTRIC POWER	1,900	$0	0.0%	$108.19	+8.8%	COM	025537101
ONEQ	FIDELITY NASDAQ COMPOSITE INDE	2,281	$0	0.0%	$0.09	—	COM	315912808
VTI	VANGUARD TOTAL STOCK MARKET ET	727	$0	0.0%	$0.30	—	COM	922908769
CL	COLGATE PALMOLIVE	3,184	$0	0.0%	$56.80	+37.9%	COM	194162103
YUM	YUM BRANDS	2,577	$0	0.0%	$125.43	+17.7%	COM	988498101
MA	MASTERCARD	710	$0	0.0%	$326.44	+71.2%	COM	57636Q104
BRK/A	BERKSHIRE HATHAWAY CL A	1	$1	0.1%	$230816.08	+223.4%	COM	084670108
DVY	ISHARES DIVIDEND EQUITY ETF	1,516	$0	0.0%	$0.13	—	COM	464287168
IGPG	GNIS PETROLEUM	22,000	$0	0.0%	$0.00	-80.8%	COM	451725105
VXRT	VAXART	25,000	$0	0.0%	$0.81	-55.4%	COM	92243A200
ECCI	ECOLOCLEAN INDUSTRIES	26,300	$0	0.0%	$0.00	-90.0%	COM	27887U104
FRBKQ	REPUBLIC FIRST BANCORP	50,000	$0	0.0%	$0.12	-99.9%	COM	760416107
—	WEBB INTERACT SERVICES	303,575	$0	0.0%	$0.00	—	COM	94748P104