Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ECL	ECOLAB INC	74,388	$20.73M	3.1%	$278.61	—	COM	278865100
BSX	BOSTON SCIENTIFIC CORP	322,069	$13.75M	2.0%	$42.68	—	COM	101137107
PRIM	PRIMORIS SVCS CORP	110,490	$10.95M	1.6%	$99.12	—	COM	74164F103
V	VISA INC	30,024	$10.3M	1.5%	$343.09	—	COM CL A	92826C839
IEV	ISHARES TR	15,951	$1.162M	0.2%	$72.85	—	EUROPE ETF	464287861
FLNC	FLUENCE ENERGY INC	57,225	$1.138M	0.2%	$19.88	—	COM CL A	34379V103
CSRE	COHEN & STEERS ETF TRUST	37,304	$1.059M	0.2%	$28.38	—	REAL EST ACT ETF	19249U104
EQT	EQT CORP	18,172	$966K	0.1%	$53.17	—	COM	26884L109
AA	ALCOA CORP	15,708	$819K	0.1%	$52.14	—	COM	013872106
SQQQ	PROSHARES TR	21,300	$773K	0.1%	$36.31	—	ULTRAPRO SHORT	74350P675
CC	CHEMOURS CO	22,500	$462K	0.1%	$20.52	—	COM	163851108
BILL	BILL HOLDINGS INC	8,750	$316K	0.0%	$36.16	—	COM	090043100
JPIB	J P MORGAN EXCHANGE TRADED F	6,100	$295K	0.0%	$48.35	—	INTL BD OPP ETF	46641Q852
FND	FLOOR & DECOR HLDGS INC	3,500	$208K	0.0%	$59.36	—	CL A	339750101
ALLO	ALLOGENE THERAPEUTICS INC	45,000	$93,600	0.0%	$2.08	—	COM	019770106

Increased Positions (24)

ENPH ENPHASE ENERGY INC 2.7%

Value $18.56M (+117.6%) Shares 376,929 (+67.1%) Est. Cost $43.99 Unrealized —

LLY ELI LILLY & CO 4.3%

Value $29.3M (+36.7%) Shares 24,426 (+4.8%) Est. Cost $781.35 Unrealized —

QCOM QUALCOMM INC 2.0%

Value $13.68M (+58.5%) Shares 74,009 (+10.5%) Est. Cost $116.29 Unrealized —

ETN EATON CORP PLC 3.0%

Value $20.67M (+22.4%) Shares 48,507 (+2.7%) Est. Cost $158.14 Unrealized —

QQQ INVESCO QQQ TR 0.7%

Value $4.787M (+176.4%) Shares 6,500 (+116.7%) Est. Cost $623.55 Unrealized —

HUBB HUBBELL INC 3.3%

Value $22.47M (+15.1%) Shares 42,939 (+8.0%) Est. Cost $353.14 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.7%

Value $4.854M (+148.8%) Shares 6,500 (+116.7%) Est. Cost $529.51 Unrealized —

BAC BANK OF AMER CORP 2.5%

Value $17.26M (+19.7%) Shares 302,936 (+2.5%) Est. Cost $27.93 Unrealized —

PPG PPG INDS INC 1.7%

Value $11.46M (+24.6%) Shares 94,505 (+9.8%) Est. Cost $117.26 Unrealized —

MP MP MATERIALS CORP 0.4%

Value $2.397M (+273.5%) Shares 42,800 (+221.8%) Est. Cost $57.79 Unrealized —

COP CONOCOPHILLIPS 1.2%

Value $7.893M (-18.0%) Shares 75,927 (+4.2%) Est. Cost $44.42 Unrealized —

ADI ANALOG DEVICES INC 0.8%

Value $5.288M (+46.3%) Shares 13,313 (+17.2%) Est. Cost $193.36 Unrealized —

AVAV AEROVIRONMENT INC 0.3%

Value $2.352M (+142.5%) Shares 14,250 (+168.9%) Est. Cost $213.93 Unrealized —

PFE PFIZER INC 1.3%

Value $8.978M (-10.0%) Shares 372,849 (+5.0%) Est. Cost $26.04 Unrealized —

EOG EOG RES INC 1.6%

Value $10.63M (-7.2%) Shares 81,935 (+3.4%) Est. Cost $113.40 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.2%

Value $1.239M (+97.1%) Shares 2,503 (+42.9%) Est. Cost $435.71 Unrealized —

DHR DANAHER CORP DEL 1.9%

Value $12.63M (+3.7%) Shares 66,332 (+3.2%) Est. Cost $106.88 Unrealized —

RTX RTX CORPORATION 2.5%

Value $17.09M (+2.6%) Shares 90,089 (+4.3%) Est. Cost $87.63 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.1%

Value $496K (+54.6%) Shares 6,955 (+39.0%) Est. Cost $66.10 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.1%

Value $507K (+51.4%) Shares 8,498 (+37.1%) Est. Cost $55.58 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value $524K (+48.8%) Shares 711 (+16.6%) Est. Cost $623.55 Unrealized —

TZA DIREXION SHARES ETF TRUST 0.0%

Value $197K (+40.4%) Shares 52,000 (+160.0%) Est. Cost $5.03 Unrealized —

CVX CHEVRON CORPORATION 0.5%

Value $3.218M (+0.4%) Shares 19,416 (+25.3%) Est. Cost $124.80 Unrealized —

CSSD COHEN & STEERS ETF TRUST 0.0%

Value $240K (+2.4%) Shares 9,520 (+1.7%) Est. Cost $24.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ENPH	ENPHASE ENERGY INC	376,929 (+67.1%)	$18.56M (+117.6%)	2.7%	$43.99	—	COM	29355A107
LLY	ELI LILLY & CO	24,426 (+4.8%)	$29.3M (+36.7%)	4.3%	$781.35	—	COM	532457108
QCOM	QUALCOMM INC	74,009 (+10.5%)	$13.68M (+58.5%)	2.0%	$116.29	—	COM	747525103
ETN	EATON CORP PLC	48,507 (+2.7%)	$20.67M (+22.4%)	3.0%	$158.14	—	SHS	G29183103
QQQ	INVESCO QQQ TR	6,500 (+116.7%)	$4.787M (+176.4%)	0.7%	$623.55	—	PUT	46090E103
HUBB	HUBBELL INC	42,939 (+8.0%)	$22.47M (+15.1%)	3.3%	$353.14	—	COM	443510607
SPY	STATE STR SPDR S&P 500 ETF T	6,500 (+116.7%)	$4.854M (+148.8%)	0.7%	$529.51	—	PUT	78462F103
BAC	BANK OF AMER CORP	302,936 (+2.5%)	$17.26M (+19.7%)	2.5%	$27.93	—	COM	060505104
PPG	PPG INDS INC	94,505 (+9.8%)	$11.46M (+24.6%)	1.7%	$117.26	—	COM	693506107
MP	MP MATERIALS CORP	42,800 (+221.8%)	$2.397M (+273.5%)	0.4%	$57.79	—	COM CL A	553368101
COP	CONOCOPHILLIPS	75,927 (+4.2%)	$7.893M (-18.0%)	1.2%	$44.42	—	COM	20825C104
ADI	ANALOG DEVICES INC	13,313 (+17.2%)	$5.288M (+46.3%)	0.8%	$193.36	—	COM	032654105
AVAV	AEROVIRONMENT INC	14,250 (+168.9%)	$2.352M (+142.5%)	0.3%	$213.93	—	COM	008073108
PFE	PFIZER INC	372,849 (+5.0%)	$8.978M (-10.0%)	1.3%	$26.04	—	COM	717081103
EOG	EOG RES INC	81,935 (+3.4%)	$10.63M (-7.2%)	1.6%	$113.40	—	COM	26875P101
ROK	ROCKWELL AUTOMATION INC	2,503 (+42.9%)	$1.239M (+97.1%)	0.2%	$435.71	—	COM	773903109
DHR	DANAHER CORP DEL	66,332 (+3.2%)	$12.63M (+3.7%)	1.9%	$106.88	—	COM	235851102
RTX	RTX CORPORATION	90,089 (+4.3%)	$17.09M (+2.6%)	2.5%	$87.63	—	COM	75513E101
VEA	VANGUARD TAX-MANAGED FDS	6,955 (+39.0%)	$496K (+54.6%)	0.1%	$66.10	—	VAN FTSE DEV MKT	921943858
VWO	VANGUARD INTL EQUITY INDEX F	8,498 (+37.1%)	$507K (+51.4%)	0.1%	$55.58	—	FTSE EMR MKT ETF	922042858
QQQ	INVESCO QQQ TR	711 (+16.6%)	$524K (+48.8%)	0.1%	$623.55	—	UNIT SER 1	46090E103
TZA	DIREXION SHARES ETF TRUST	52,000 (+160.0%)	$197K (+40.4%)	0.0%	$5.03	—	DAILY SMALL CAP	25460E232
CVX	CHEVRON CORPORATION	19,416 (+25.3%)	$3.218M (+0.4%)	0.5%	$124.80	—	COM	166764100
CSSD	COHEN & STEERS ETF TRUST	9,520 (+1.7%)	$240K (+2.4%)	0.0%	$24.99	—	SHORT DURATN PFD	19249U401

Exited Positions (19)

PLD PROLOGIS INC. 0.9%

Value $5.972M Shares 45,183 Est. Cost $103.88 Unrealized —

VOO VANGUARD INDEX FDS 0.2%

Value $1.685M Shares 2,820 Est. Cost $496.83 Unrealized —

— MICROCHIP TECHNOLOGY INC. 0.1%

Value $855K Shares 15,000 Est. Cost $58.28 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value $803K Shares 2,502 Est. Cost $172.22 Unrealized —

BIL SPDR SERIES TRUST 0.1%

Value $593K Shares 6,472 Est. Cost $91.72 Unrealized —

MTD METTLER TOLEDO INTERNATIONAL 0.1%

Value $580K Shares 460 Est. Cost $1227.36 Unrealized —

MCHP MICROCHIP TECHNOLOGY INC. 0.1%

Value $453K Shares 7,019 Est. Cost $61.35 Unrealized —

SBUX STARBUCKS CORP 0.1%

Value $442K Shares 4,930 Est. Cost $87.56 Unrealized —

IWY ISHARES TR 0.1%

Value $381K Shares 1,530 Est. Cost $220.10 Unrealized —

USMV ISHARES TR 0.1%

Value $362K Shares 3,900 Est. Cost $83.58 Unrealized —

CRSP CRISPR THERAPEUTICS AG 0.0%

Value $266K Shares 5,600 Est. Cost $53.50 Unrealized —

EW EDWARDS LIFESCIENCES CORP 0.0%

Value $242K Shares 3,016 Est. Cost $69.99 Unrealized —

SLV ISHARES SILVER TR 0.0%

Value $238K Shares 3,500 Est. Cost $64.42 Unrealized —

APH AMPHENOL CORP 0.0%

Value $234K Shares 1,853 Est. Cost $102.71 Unrealized —

T AT&T INC 0.0%

Value $224K Shares 7,735 Est. Cost $25.75 Unrealized —

HD HOME DEPOT INC 0.0%

Value $222K Shares 674 Est. Cost $254.94 Unrealized —

ZTS ZOETIS INC 0.0%

Value $221K Shares 1,871 Est. Cost $181.49 Unrealized —

MSB MESABI TR 0.0%

Value $220K Shares 6,999 Est. Cost $31.43 Unrealized —

HACK AMPLIFY ETF TR 0.0%

Value $211K Shares 2,805 Est. Cost $74.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PLD	PROLOGIS INC.	45,183	$5.972M	0.9%	$103.88	—	—	74340W103
VOO	VANGUARD INDEX FDS	2,820	$1.685M	0.2%	$496.83	—	—	922908363
—	MICROCHIP TECHNOLOGY INC.	15,000	$855K	0.1%	$58.28	—	—	595017302
VTI	VANGUARD INDEX FDS	2,502	$803K	0.1%	$172.22	—	—	922908769
BIL	SPDR SERIES TRUST	6,472	$593K	0.1%	$91.72	—	—	78468R663
MTD	METTLER TOLEDO INTERNATIONAL	460	$580K	0.1%	$1227.36	—	—	592688105
MCHP	MICROCHIP TECHNOLOGY INC.	7,019	$453K	0.1%	$61.35	—	—	595017104
SBUX	STARBUCKS CORP	4,930	$442K	0.1%	$87.56	—	—	855244109
IWY	ISHARES TR	1,530	$381K	0.1%	$220.10	—	—	464289438
USMV	ISHARES TR	3,900	$362K	0.1%	$83.58	—	—	46429B697
CRSP	CRISPR THERAPEUTICS AG	5,600	$266K	0.0%	$53.50	—	—	H17182108
EW	EDWARDS LIFESCIENCES CORP	3,016	$242K	0.0%	$69.99	—	—	28176E108
SLV	ISHARES SILVER TR	3,500	$238K	0.0%	$64.42	—	—	46428Q109
APH	AMPHENOL CORP	1,853	$234K	0.0%	$102.71	—	—	032095101
T	AT&T INC	7,735	$224K	0.0%	$25.75	—	—	00206R102
HD	HOME DEPOT INC	674	$222K	0.0%	$254.94	—	—	437076102
ZTS	ZOETIS INC	1,871	$221K	0.0%	$181.49	—	—	98978V103
MSB	MESABI TR	6,999	$220K	0.0%	$31.43	—	—	590672101
HACK	AMPLIFY ETF TR	2,805	$211K	0.0%	$74.50	—	—	032108664

Decreased Positions (39)

MRVL MARVELL TECHNOLOGY INC 3.6%

Value $24.75M (+41.8%) Shares 83,069 (-52.9%) Est. Cost $74.47 Unrealized —

ILMN ILLUMINA INC 0.5%

Value $3.449M (-64.9%) Shares 19,613 (-75.4%) Est. Cost $96.51 Unrealized —

GOOGL ALPHABET INC 5.3%

Value $35.95M (+14.0%) Shares 100,601 (-8.2%) Est. Cost $113.11 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value $675K (-85.9%) Shares 3,371 (-87.7%) Est. Cost $113.66 Unrealized —

MDB MONGODB INC 1.0%

Value $6.853M (-35.2%) Shares 20,402 (-52.8%) Est. Cost $257.28 Unrealized —

XYZ BLOCK INC 2.4%

Value $16.3M (+23.4%) Shares 214,413 (-2.3%) Est. Cost $64.87 Unrealized —

C CITIGROUP INC 2.7%

Value $18.08M (+20.1%) Shares 129,197 (-2.7%) Est. Cost $61.98 Unrealized —

NXPI NXP SEMICONDUCTORS N V 1.5%

Value $10.04M (-18.7%) Shares 35,731 (-43.0%) Est. Cost $232.37 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.2%

Value $1.135M (-66.2%) Shares 1,520 (-70.6%) Est. Cost $529.51 Unrealized —

TPL TEXAS PACIFIC LAND CORPORATI 0.4%

Value $2.868M (-39.3%) Shares 6,553 (-34.2%) Est. Cost $373.26 Unrealized —

MU MICRON TECHNOLOGY INC 0.1%

Value $563K (-75.5%) Shares 488 (-92.8%) Est. Cost $102.39 Unrealized —

PANW PALO ALTO NETWORKS INC 1.4%

Value $9.813M (-14.9%) Shares 28,776 (-60.0%) Est. Cost $181.56 Unrealized —

PWR QUANTA SVCS INC 1.1%

Value $7.592M (-17.6%) Shares 10,544 (-37.2%) Est. Cost $202.76 Unrealized —

AMZN AMAZON COM INC 2.4%

Value $16.58M (+9.9%) Shares 69,565 (-4.0%) Est. Cost $108.99 Unrealized —

GOOG ALPHABET INC 0.3%

Value $1.872M (-43.3%) Shares 5,299 (-53.9%) Est. Cost $124.79 Unrealized —

CNS COHEN & STEERS INC 1.6%

Value $11.07M (+13.3%) Shares 145,375 (-7.0%) Est. Cost $70.37 Unrealized —

JPM JPMORGAN CHASE & CO 4.3%

Value $29.04M (+4.1%) Shares 88,712 (-6.5%) Est. Cost $113.96 Unrealized —

AAPL APPLE INC 2.1%

Value $14.49M (+6.7%) Shares 50,069 (-6.5%) Est. Cost $108.90 Unrealized —

MDLZ MONDELEZ INTL INC 2.1%

Value $14.15M (-5.0%) Shares 244,600 (-5.4%) Est. Cost $51.00 Unrealized —

XAR SPDR SERIES TRUST 1.4%

Value $9.298M (+7.3%) Shares 32,764 (-3.9%) Est. Cost $135.42 Unrealized —

BIV VANGUARD BD INDEX FDS 0.3%

Value $2.26M (-17.9%) Shares 29,463 (-17.4%) Est. Cost $76.58 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 1.3%

Value $9.113M (+5.7%) Shares 268,970 (-6.0%) Est. Cost $12.18 Unrealized —

BLK BLACKROCK INC 0.6%

Value $3.968M (-9.9%) Shares 4,127 (-9.9%) Est. Cost $997.90 Unrealized —

FCX FREEPORT MCMORAN INC 1.7%

Value $11.38M (+3.5%) Shares 180,941 (-3.3%) Est. Cost $36.88 Unrealized —

CW CURTISS WRIGHT CORP 1.2%

Value $8.225M (+4.3%) Shares 10,854 (-6.2%) Est. Cost $336.76 Unrealized —

WMT WALMART INC 0.1%

Value $488K (-32.8%) Shares 4,310 (-26.2%) Est. Cost $91.69 Unrealized —

AGG ISHARES TR 0.2%

Value $1.031M (-16.2%) Shares 10,417 (-15.9%) Est. Cost $98.35 Unrealized —

— BOEING CO 1.5%

Value $10.18M (+2.0%) Shares 151,254 (-1.7%) Est. Cost $60.99 Unrealized —

MSFT MICROSOFT CORP 2.7%

Value $18.63M (-0.7%) Shares 49,944 (-1.5%) Est. Cost $154.64 Unrealized —

DVYA ISHARES INC 0.1%

Value $588K (-18.3%) Shares 12,435 (-16.6%) Est. Cost $36.28 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.1%

Value $524K (-18.7%) Shares 14,450 (-26.1%) Est. Cost $25.51 Unrealized —

IGRO ISHARES TR 0.1%

Value $671K (-9.7%) Shares 7,634 (-14.0%) Est. Cost $62.70 Unrealized —

ABBV ABBVIE INC 0.1%

Value $825K (+7.8%) Shares 3,278 (-6.8%) Est. Cost $227.54 Unrealized —

ABT ABBOTT LABORATORIES 0.0%

Value $300K (-15.1%) Shares 3,311 (-3.9%) Est. Cost $127.30 Unrealized —

ASML ASML HLDG NV 0.0%

Value $203K (-20.8%) Shares 102 (-47.4%) Est. Cost $693.08 Unrealized —

GBIL GOLDMAN SACHS ETF TR 0.2%

Value $1.624M (-2.9%) Shares 16,213 (-2.8%) Est. Cost $100.18 Unrealized —

EMGF ISHARES INC 0.1%

Value $547K (+5.1%) Shares 7,460 (-13.3%) Est. Cost $43.89 Unrealized —

WPC WP CAREY INC 0.0%

Value $200K (-10.7%) Shares 2,800 (-15.2%) Est. Cost $63.11 Unrealized —

JNJ JOHNSON & JOHNSON 0.4%

Value $2.503M (+0.8%) Shares 9,856 (-2.9%) Est. Cost $170.09 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MRVL	MARVELL TECHNOLOGY INC	83,069 (-52.9%)	$24.75M (+41.8%)	3.6%	$74.47	—	COM	573874104
ILMN	ILLUMINA INC	19,613 (-75.4%)	$3.449M (-64.9%)	0.5%	$96.51	—	COM	452327109
GOOGL	ALPHABET INC	100,601 (-8.2%)	$35.95M (+14.0%)	5.3%	$113.11	—	CAP STK CL A	02079K305
NVDA	NVIDIA CORPORATION	3,371 (-87.7%)	$675K (-85.9%)	0.1%	$113.66	—	COM	67066G104
MDB	MONGODB INC	20,402 (-52.8%)	$6.853M (-35.2%)	1.0%	$257.28	—	CL A	60937P106
XYZ	BLOCK INC	214,413 (-2.3%)	$16.3M (+23.4%)	2.4%	$64.87	—	CL A	852234103
C	CITIGROUP INC	129,197 (-2.7%)	$18.08M (+20.1%)	2.7%	$61.98	—	COM NEW	172967424
NXPI	NXP SEMICONDUCTORS N V	35,731 (-43.0%)	$10.04M (-18.7%)	1.5%	$232.37	—	COM	N6596X109
SPY	STATE STR SPDR S&P 500 ETF T	1,520 (-70.6%)	$1.135M (-66.2%)	0.2%	$529.51	—	TR UNIT	78462F103
TPL	TEXAS PACIFIC LAND CORPORATI	6,553 (-34.2%)	$2.868M (-39.3%)	0.4%	$373.26	—	COM	88262P102
MU	MICRON TECHNOLOGY INC	488 (-92.8%)	$563K (-75.5%)	0.1%	$102.39	—	COM	595112103
PANW	PALO ALTO NETWORKS INC	28,776 (-60.0%)	$9.813M (-14.9%)	1.4%	$181.56	—	COM	697435105
PWR	QUANTA SVCS INC	10,544 (-37.2%)	$7.592M (-17.6%)	1.1%	$202.76	—	COM	74762E102
AMZN	AMAZON COM INC	69,565 (-4.0%)	$16.58M (+9.9%)	2.4%	$108.99	—	COM	023135106
GOOG	ALPHABET INC	5,299 (-53.9%)	$1.872M (-43.3%)	0.3%	$124.79	—	CAP STK CL C	02079K107
CNS	COHEN & STEERS INC	145,375 (-7.0%)	$11.07M (+13.3%)	1.6%	$70.37	—	COM	19247A100
JPM	JPMORGAN CHASE & CO	88,712 (-6.5%)	$29.04M (+4.1%)	4.3%	$113.96	—	COM	46625H100
AAPL	APPLE INC	50,069 (-6.5%)	$14.49M (+6.7%)	2.1%	$108.90	—	COM	037833100
MDLZ	MONDELEZ INTL INC	244,600 (-5.4%)	$14.15M (-5.0%)	2.1%	$51.00	—	CL A	609207105
XAR	SPDR SERIES TRUST	32,764 (-3.9%)	$9.298M (+7.3%)	1.4%	$135.42	—	ST STR SP AERO	78464A631
BIV	VANGUARD BD INDEX FDS	29,463 (-17.4%)	$2.26M (-17.9%)	0.3%	$76.58	—	INTERMED TERM	921937819
TEVA	TEVA PHARMACEUTICAL INDS LTD	268,970 (-6.0%)	$9.113M (+5.7%)	1.3%	$12.18	—	SPONSORED ADS	881624209
BLK	BLACKROCK INC	4,127 (-9.9%)	$3.968M (-9.9%)	0.6%	$997.90	—	COM	09290D101
FCX	FREEPORT MCMORAN INC	180,941 (-3.3%)	$11.38M (+3.5%)	1.7%	$36.88	—	CL B	35671D857
CW	CURTISS WRIGHT CORP	10,854 (-6.2%)	$8.225M (+4.3%)	1.2%	$336.76	—	COM	231561101
WMT	WALMART INC	4,310 (-26.2%)	$488K (-32.8%)	0.1%	$91.69	—	COM	931142103
AGG	ISHARES TR	10,417 (-15.9%)	$1.031M (-16.2%)	0.2%	$98.35	—	CORE US AGGBD ET	464287226
—	BOEING CO	151,254 (-1.7%)	$10.18M (+2.0%)	1.5%	$60.99	—	DEP CONV PFD A	097023204
MSFT	MICROSOFT CORP	49,944 (-1.5%)	$18.63M (-0.7%)	2.7%	$154.64	—	COM	594918104
DVYA	ISHARES INC	12,435 (-16.6%)	$588K (-18.3%)	0.1%	$36.28	—	ASIA/PAC DIV ETF	464286293
SCHE	SCHWAB STRATEGIC TR	14,450 (-26.1%)	$524K (-18.7%)	0.1%	$25.51	—	EMRG MKTEQ ETF	808524706
IGRO	ISHARES TR	7,634 (-14.0%)	$671K (-9.7%)	0.1%	$62.70	—	INTL DIV GRWTH	46435G524
ABBV	ABBVIE INC	3,278 (-6.8%)	$825K (+7.8%)	0.1%	$227.54	—	COM	00287Y109
ABT	ABBOTT LABORATORIES	3,311 (-3.9%)	$300K (-15.1%)	0.0%	$127.30	—	COM	002824100
ASML	ASML HLDG NV	102 (-47.4%)	$203K (-20.8%)	0.0%	$693.08	—	N Y REGISTRY SHS	N07059210
GBIL	GOLDMAN SACHS ETF TR	16,213 (-2.8%)	$1.624M (-2.9%)	0.2%	$100.18	—	ACCES TREASURY	381430529
EMGF	ISHARES INC	7,460 (-13.3%)	$547K (+5.1%)	0.1%	$43.89	—	EMNG MKTS EQT	46434G889
WPC	WP CAREY INC	2,800 (-15.2%)	$200K (-10.7%)	0.0%	$63.11	—	COM	92936U109
JNJ	JOHNSON & JOHNSON	9,856 (-2.9%)	$2.503M (+0.8%)	0.4%	$170.09	—	COM	478160104

Unchanged Positions (26)

OKTA OKTA INC 3.0%

Value $20.55M Shares 150,598 Est. Cost $90.77 Unrealized —

UNP UNION PAC CORP 2.4%

Value $16.57M Shares 60,935 Est. Cost $236.41 Unrealized —

MRK MERCK & CO INC 3.1%

Value $21.06M Shares 163,890 Est. Cost $67.50 Unrealized —

VST VISTRA CORP 2.1%

Value $14.38M Shares 90,628 Est. Cost $166.32 Unrealized —

XOM EXXON MOBIL CORP 0.5%

Value $3.358M Shares 24,558 Est. Cost $78.29 Unrealized —

IESC IES HOLDINGS INC 0.2%

Value $1.149M Shares 1,564 Est. Cost $48.11 Unrealized —

GEV GE VERNOVA INC 0.2%

Value $1.243M Shares 1,058 Est. Cost $609.04 Unrealized —

COR CENCORA INC 0.3%

Value $2.299M Shares 8,124 Est. Cost $340.62 Unrealized —

COHR COHERENT CORP 0.1%

Value $417K Shares 1,056 Est. Cost $213.35 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.5%

Value $3.554M Shares 7,103 Est. Cost $293.71 Unrealized —

GE GE AEROSPACE 0.1%

Value $478K Shares 1,279 Est. Cost $65.50 Unrealized —

WBI WATERBRIDGE INFRASTRUCTURE L 0.1%

Value $500K Shares 14,600 Est. Cost $22.65 Unrealized —

LB LANDBRIDGE COMPANY LLC 0.1%

Value $451K Shares 5,691 Est. Cost $57.91 Unrealized —

IWP ISHARES TR 0.1%

Value $461K Shares 3,151 Est. Cost $118.75 Unrealized —

AX AXOS FINANCIAL INC 0.0%

Value $312K Shares 3,200 Est. Cost $38.43 Unrealized —

RL RALPH LAUREN CORP 0.0%

Value $242K Shares 602 Est. Cost $340.01 Unrealized —

AMGN AMGEN INC 0.2%

Value $1.232M Shares 3,401 Est. Cost $241.16 Unrealized —

VV VANGUARD INDEX FDS 0.0%

Value $236K Shares 686 Est. Cost $307.86 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.1%

Value $440K Shares 470 Est. Cost $427.39 Unrealized —

DXJ WISDOMTREE TR 0.0%

Value $255K Shares 1,467 Est. Cost $144.16 Unrealized —

SYK STRYKER CORPORATION 0.1%

Value $420K Shares 1,335 Est. Cost $364.67 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.0%

Value $292K Shares 2,220 Est. Cost $79.87 Unrealized —

MKL MARKEL GROUP INC 0.1%

Value $391K Shares 200 Est. Cost $2077.98 Unrealized —

LMB LIMBACH HLDGS INC 0.1%

Value $462K Shares 6,000 Est. Cost $12.89 Unrealized —

DLR DIGITAL RLTY TR INC 0.0%

Value $235K Shares 1,308 Est. Cost $160.19 Unrealized —

IGIB ISHARES TR 0.1%

Value $654K Shares 12,300 Est. Cost $53.14 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OKTA	OKTA INC	150,598	$20.55M	3.0%	$90.77	—	CL A	679295105
UNP	UNION PAC CORP	60,935	$16.57M	2.4%	$236.41	—	COM	907818108
MRK	MERCK & CO INC	163,890	$21.06M	3.1%	$67.50	—	COM	58933Y105
VST	VISTRA CORP	90,628	$14.38M	2.1%	$166.32	—	COM	92840M102
XOM	EXXON MOBIL CORP	24,558	$3.358M	0.5%	$78.29	—	COM	30231G102
IESC	IES HOLDINGS INC	1,564	$1.149M	0.2%	$48.11	—	COM	44951W106
GEV	GE VERNOVA INC	1,058	$1.243M	0.2%	$609.04	—	COM	36828A101
COR	CENCORA INC	8,124	$2.299M	0.3%	$340.62	—	COM	03073E105
COHR	COHERENT CORP	1,056	$417K	0.1%	$213.35	—	COM	19247G107
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,103	$3.554M	0.5%	$293.71	—	CL B NEW	084670702
GE	GE AEROSPACE	1,279	$478K	0.1%	$65.50	—	COM NEW	369604301
WBI	WATERBRIDGE INFRASTRUCTURE L	14,600	$500K	0.1%	$22.65	—	CL A SHS REPSTG	940923105
LB	LANDBRIDGE COMPANY LLC	5,691	$451K	0.1%	$57.91	—	CL A	514952100
IWP	ISHARES TR	3,151	$461K	0.1%	$118.75	—	RUS MD CP GR ETF	464287481
AX	AXOS FINANCIAL INC	3,200	$312K	0.0%	$38.43	—	COM	05465C100
RL	RALPH LAUREN CORP	602	$242K	0.0%	$340.01	—	CL A	751212101
AMGN	AMGEN INC	3,401	$1.232M	0.2%	$241.16	—	COM	031162100
VV	VANGUARD INDEX FDS	686	$236K	0.0%	$307.86	—	LARGE CAP ETF	922908637
COST	COSTCO WHOLESALE CORPORATION	470	$440K	0.1%	$427.39	—	COM	22160K105
DXJ	WISDOMTREE TR	1,467	$255K	0.0%	$144.16	—	JAPN HEDGE EQT	97717W851
SYK	STRYKER CORPORATION	1,335	$420K	0.1%	$364.67	—	COM	863667101
AWK	AMERICAN WTR WKS CO INC NEW	2,220	$292K	0.0%	$79.87	—	COM	030420103
MKL	MARKEL GROUP INC	200	$391K	0.1%	$2077.98	—	COM	570535104
LMB	LIMBACH HLDGS INC	6,000	$462K	0.1%	$12.89	—	COM	53263P105
DLR	DIGITAL RLTY TR INC	1,308	$235K	0.0%	$160.19	—	COM	253868103
IGIB	ISHARES TR	12,300	$654K	0.1%	$53.14	—	ISHS 5-10YR INVT	464288638