PARTHENON LLC Diversified Active

CIK: 0001088859 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 23, 2026

Total Value ($000): $926,705 (100.0% shares, 0.0% debt)

Holdings (131)

New Positions (6)

CRM SALESFORCE INC 1.7%

Value ($000) $15,313 Shares 57,805 Est. Cost $248.17 Unrealized 0.0%

STX SEAGATE TECHNOLOGY HLDNGS PL 0.1%

Value ($000) $551 Shares 2,000 Est. Cost $258.92 Unrealized 0.0%

WSBC WESBANCO INC 0.0%

Value ($000) $265 Shares 7,960 Est. Cost $32.32 Unrealized 0.0%

CAT CATERPILLAR INC 0.0%

Value ($000) $229 Shares 400 Est. Cost $555.50 Unrealized 0.0%

EXPE EXPEDIA GROUP INC 0.0%

Value ($000) $224 Shares 790 Est. Cost $246.88 Unrealized 0.0%

EW EDWARDS LIFESCIENCES CORP 0.0%

Value ($000) $215 Shares 2,526 Est. Cost $82.07 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	57,805	$15,313	1.7%	$248.17	0.0%	COM	79466L302
STX	SEAGATE TECHNOLOGY HLDNGS PL	2,000	$551	0.1%	$258.92	0.0%	ORD SHS	G7997R103
WSBC	WESBANCO INC	7,960	$265	0.0%	$32.32	0.0%	COM	950810101
CAT	CATERPILLAR INC	400	$229	0.0%	$555.50	0.0%	COM	149123101
EXPE	EXPEDIA GROUP INC	790	$224	0.0%	$246.88	0.0%	COM NEW	30212P303
EW	EDWARDS LIFESCIENCES CORP	2,526	$215	0.0%	$82.07	0.0%	COM	28176E108

Increased Positions (5)

BATRK ATLANTA BRAVES HLDGS INC 1.0%

Value ($000) $8,824 (+24.5%) Shares 223,665 (+31.3%) Est. Cost $39.60 Unrealized -0.2%

CLAR CLARUS CORP NEW 0.4%

Value ($000) $3,368 (+33.6%) Shares 1,005,364 (+39.6%) Est. Cost $4.09 Unrealized -17.0%

THRY THRYV HLDGS INC 0.1%

Value ($000) $1,118 (-38.5%) Shares 184,717 (+22.6%) Est. Cost $14.06 Unrealized -43.7%

IWM ISHARES TR 0.1%

Value ($000) $1,181 (+2.8%) Shares 4,797 (+1.1%) Est. Cost $137.16 Unrealized —

XLK SELECT SECTOR SPDR TR 0.0%

Value ($000) $446 (+2.2%) Shares 3,100 (+100.0%) Est. Cost $136.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BATRK	ATLANTA BRAVES HLDGS INC	223,665 (+31.3%)	$8,824 (+24.5%)	1.0%	$39.60	-0.2%	COM SER C	047726302
CLAR	CLARUS CORP NEW	1,005,364 (+39.6%)	$3,368 (+33.6%)	0.4%	$4.09	-17.0%	COM	18270P109
THRY	THRYV HLDGS INC	184,717 (+22.6%)	$1,118 (-38.5%)	0.1%	$14.06	-43.7%	COM NEW	886029206
IWM	ISHARES TR	4,797 (+1.1%)	$1,181 (+2.8%)	0.1%	$137.16	—	RUSSELL 2000 ETF	464287655
XLK	SELECT SECTOR SPDR TR	3,100 (+100.0%)	$446 (+2.2%)	0.0%	$136.98	—	STATE STREET TEC	81369Y803

Exited Positions (4)

KMB KIMBERLY-CLARK CORP 0.0%

Value ($000) $222 Shares 1,783 Est. Cost $114.08 Unrealized -5.0%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.0%

Value ($000) $216 Shares 2,877 Est. Cost $71.08 Unrealized +9.6%

BLK BLACKROCK INC 0.0%

Value ($000) $215 Shares 184 Est. Cost $1108.77 Unrealized -1.7%

DD DUPONT DE NEMOURS INC 0.0%

Value ($000) $204 Shares 2,621 Est. Cost $31.14 Unrealized +20.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMB	KIMBERLY-CLARK CORP	1,783	$222	0.0%	$114.08	-5.0%	—	494368103
GEHC	GE HEALTHCARE TECHNOLOGIES I	2,877	$216	0.0%	$71.08	+9.6%	—	36266G107
BLK	BLACKROCK INC	184	$215	0.0%	$1108.77	-1.7%	—	09290D101
DD	DUPONT DE NEMOURS INC	2,621	$204	0.0%	$31.14	+20.0%	—	26614N102

Decreased Positions (38)

MSFT MICROSOFT CORP 11.9%

Value ($000) $110,009 (-8.6%) Shares 227,469 (-2.1%) Est. Cost $26.85 Unrealized +1764.3%

GOOG ALPHABET INC 4.0%

Value ($000) $36,818 (+18.7%) Shares 117,331 (-7.9%) Est. Cost $107.19 Unrealized +167.1%

META META PLATFORMS INC 4.9%

Value ($000) $45,243 (-11.3%) Shares 68,540 (-1.3%) Est. Cost $176.64 Unrealized +277.8%

MDLZ MONDELEZ INTL INC 0.8%

Value ($000) $7,537 (-26.1%) Shares 140,009 (-14.2%) Est. Cost $23.36 Unrealized +144.3%

AXP AMERICAN EXPRESS CO 2.7%

Value ($000) $24,938 (+9.6%) Shares 67,410 (-1.6%) Est. Cost $86.03 Unrealized +314.9%

WAT WATERS CORP 1.2%

Value ($000) $11,052 (+21.8%) Shares 29,098 (-3.8%) Est. Cost $103.33 Unrealized +256.1%

PG PROCTER AND GAMBLE CO 2.1%

Value ($000) $19,376 (-8.5%) Shares 135,205 (-1.8%) Est. Cost $57.64 Unrealized +155.3%

AAPL APPLE INC 3.8%

Value ($000) $35,031 (+4.6%) Shares 128,855 (-2.0%) Est. Cost $94.88 Unrealized +182.8%

LSTR LANDSTAR SYS INC 1.0%

Value ($000) $9,623 (+15.7%) Shares 66,964 (-1.3%) Est. Cost $56.95 Unrealized —

LLY ELI LILLY & CO 0.5%

Value ($000) $4,574 (+39.3%) Shares 4,256 (-1.1%) Est. Cost $58.07 Unrealized +1545.4%

USB US BANCORP DEL 0.0%

Value ($000) $361 (-76.6%) Shares 6,771 (-78.8%) Est. Cost $23.39 Unrealized +108.3%

MDT MEDTRONIC PLC 0.6%

Value ($000) $5,921 (-13.6%) Shares 61,638 (-14.4%) Est. Cost $63.24 Unrealized +53.6%

SJM SMUCKER J M CO 0.3%

Value ($000) $3,095 (-12.9%) Shares 31,643 (-3.3%) Est. Cost $76.12 Unrealized +35.1%

MCD MCDONALDS CORP 0.4%

Value ($000) $3,962 (-9.9%) Shares 12,965 (-10.4%) Est. Cost $77.63 Unrealized +293.0%

BKNG BOOKING HOLDINGS INC 2.0%

Value ($000) $18,567 (-2.3%) Shares 3,467 (-1.5%) Est. Cost $1860.53 Unrealized +176.1%

SCHW SCHWAB CHARLES CORP 1.4%

Value ($000) $13,370 (+3.1%) Shares 133,820 (-1.5%) Est. Cost $64.10 Unrealized +47.8%

NVDA NVIDIA CORPORATION 0.3%

Value ($000) $3,105 (-10.8%) Shares 16,648 (-10.7%) Est. Cost $91.68 Unrealized +103.0%

NKE NIKE INC 0.2%

Value ($000) $1,842 (-16.7%) Shares 28,919 (-8.8%) Est. Cost $75.27 Unrealized -13.8%

COHR COHERENT CORP 0.1%

Value ($000) $904 (+66.6%) Shares 4,900 (-2.8%) Est. Cost $36.05 Unrealized +314.9%

INTU INTUIT 0.1%

Value ($000) $845 (-26.2%) Shares 1,275 (-23.9%) Est. Cost $202.86 Unrealized +225.7%

HSY HERSHEY CO 0.5%

Value ($000) $4,288 (-5.4%) Shares 23,565 (-2.8%) Est. Cost $173.05 Unrealized +5.2%

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $1,858 (-11.1%) Shares 6,274 (-15.3%) Est. Cost $117.32 Unrealized +154.7%

VOO VANGUARD INDEX FDS 1.0%

Value ($000) $9,081 (-2.1%) Shares 14,480 (-4.4%) Est. Cost $348.30 Unrealized —

KVUE KENVUE INC 0.1%

Value ($000) $1,181 (-13.6%) Shares 68,450 (-18.7%) Est. Cost $21.04 Unrealized -22.7%

PFE PFIZER INC 0.1%

Value ($000) $1,121 (-11.6%) Shares 45,028 (-9.5%) Est. Cost $17.32 Unrealized +44.5%

VWO VANGUARD INTL EQUITY INDEX F 0.7%

Value ($000) $6,292 (-1.8%) Shares 117,033 (-1.0%) Est. Cost $42.59 Unrealized —

CVS CVS HEALTH CORP 1.0%

Value ($000) $9,113 (+0.9%) Shares 114,836 (-4.2%) Est. Cost $46.94 Unrealized +67.6%

T AT&T INC 0.0%

Value ($000) $444 (-13.1%) Shares 17,874 (-1.2%) Est. Cost $13.77 Unrealized +83.6%

SMG SCOTTS MIRACLE-GRO CO 0.2%

Value ($000) $1,688 (-2.0%) Shares 28,935 (-4.4%) Est. Cost $76.83 Unrealized -28.2%

VTI VANGUARD INDEX FDS 0.2%

Value ($000) $1,813 (-1.2%) Shares 5,407 (-3.3%) Est. Cost $168.71 Unrealized —

MMM 3M CO 0.1%

Value ($000) $1,227 (-1.7%) Shares 7,661 (-4.7%) Est. Cost $86.41 Unrealized +88.8%

IVV ISHARES TR 0.2%

Value ($000) $1,952 (+1.0%) Shares 2,850 (-1.3%) Est. Cost $255.13 Unrealized —

CMCSA COMCAST CORP NEW 0.0%

Value ($000) $220 (-6.0%) Shares 7,370 (-1.2%) Est. Cost $27.59 Unrealized +3.4%

VEU VANGUARD INTL EQUITY INDEX F 0.1%

Value ($000) $1,245 (+0.7%) Shares 16,928 (-2.3%) Est. Cost $47.29 Unrealized —

JPM JPMORGAN CHASE & CO. 1.5%

Value ($000) $13,682 (+0.0%) Shares 42,460 (-2.1%) Est. Cost $51.06 Unrealized +506.2%

EFA ISHARES TR 0.0%

Value ($000) $222 (-1.4%) Shares 2,313 (-4.1%) Est. Cost $89.39 Unrealized —

AMZN AMAZON COM INC 0.1%

Value ($000) $523 (-0.4%) Shares 2,265 (-5.2%) Est. Cost $155.99 Unrealized +46.7%

VEA VANGUARD TAX-MANAGED FDS 0.6%

Value ($000) $5,108 (-0.0%) Shares 81,775 (-4.1%) Est. Cost $44.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	227,469 (-2.1%)	$110,009 (-8.6%)	11.9%	$26.85	+1764.3%	COM	594918104
GOOG	ALPHABET INC	117,331 (-7.9%)	$36,818 (+18.7%)	4.0%	$107.19	+167.1%	CAP STK CL C	02079K107
META	META PLATFORMS INC	68,540 (-1.3%)	$45,243 (-11.3%)	4.9%	$176.64	+277.8%	CL A	30303M102
MDLZ	MONDELEZ INTL INC	140,009 (-14.2%)	$7,537 (-26.1%)	0.8%	$23.36	+144.3%	CL A	609207105
AXP	AMERICAN EXPRESS CO	67,410 (-1.6%)	$24,938 (+9.6%)	2.7%	$86.03	+314.9%	COM	025816109
WAT	WATERS CORP	29,098 (-3.8%)	$11,052 (+21.8%)	1.2%	$103.33	+256.1%	COM	941848103
PG	PROCTER AND GAMBLE CO	135,205 (-1.8%)	$19,376 (-8.5%)	2.1%	$57.64	+155.3%	COM	742718109
AAPL	APPLE INC	128,855 (-2.0%)	$35,031 (+4.6%)	3.8%	$94.88	+182.8%	COM	037833100
LSTR	LANDSTAR SYS INC	66,964 (-1.3%)	$9,623 (+15.7%)	1.0%	$56.95	—	COM	515098101
LLY	ELI LILLY & CO	4,256 (-1.1%)	$4,574 (+39.3%)	0.5%	$58.07	+1545.4%	COM	532457108
USB	US BANCORP DEL	6,771 (-78.8%)	$361 (-76.6%)	0.0%	$23.39	+108.3%	COM NEW	902973304
MDT	MEDTRONIC PLC	61,638 (-14.4%)	$5,921 (-13.6%)	0.6%	$63.24	+53.6%	SHS	G5960L103
SJM	SMUCKER J M CO	31,643 (-3.3%)	$3,095 (-12.9%)	0.3%	$76.12	+35.1%	COM NEW	832696405
MCD	MCDONALDS CORP	12,965 (-10.4%)	$3,962 (-9.9%)	0.4%	$77.63	+293.0%	COM	580135101
BKNG	BOOKING HOLDINGS INC	3,467 (-1.5%)	$18,567 (-2.3%)	2.0%	$1860.53	+176.1%	COM	09857L108
SCHW	SCHWAB CHARLES CORP	133,820 (-1.5%)	$13,370 (+3.1%)	1.4%	$64.10	+47.8%	COM	808513105
NVDA	NVIDIA CORPORATION	16,648 (-10.7%)	$3,105 (-10.8%)	0.3%	$91.68	+103.0%	COM	67066G104
NKE	NIKE INC	28,919 (-8.8%)	$1,842 (-16.7%)	0.2%	$75.27	-13.8%	CL B	654106103
COHR	COHERENT CORP	4,900 (-2.8%)	$904 (+66.6%)	0.1%	$36.05	+314.9%	COM	19247G107
INTU	INTUIT	1,275 (-23.9%)	$845 (-26.2%)	0.1%	$202.86	+225.7%	COM	461202103
HSY	HERSHEY CO	23,565 (-2.8%)	$4,288 (-5.4%)	0.5%	$173.05	+5.2%	COM	427866108
IBM	INTERNATIONAL BUSINESS MACHS	6,274 (-15.3%)	$1,858 (-11.1%)	0.2%	$117.32	+154.7%	COM	459200101
VOO	VANGUARD INDEX FDS	14,480 (-4.4%)	$9,081 (-2.1%)	1.0%	$348.30	—	S&P 500 ETF SHS	922908363
KVUE	KENVUE INC	68,450 (-18.7%)	$1,181 (-13.6%)	0.1%	$21.04	-22.7%	COM	49177J102
PFE	PFIZER INC	45,028 (-9.5%)	$1,121 (-11.6%)	0.1%	$17.32	+44.5%	COM	717081103
VWO	VANGUARD INTL EQUITY INDEX F	117,033 (-1.0%)	$6,292 (-1.8%)	0.7%	$42.59	—	FTSE EMR MKT ETF	922042858
CVS	CVS HEALTH CORP	114,836 (-4.2%)	$9,113 (+0.9%)	1.0%	$46.94	+67.6%	COM	126650100
T	AT&T INC	17,874 (-1.2%)	$444 (-13.1%)	0.0%	$13.77	+83.6%	COM	00206R102
SMG	SCOTTS MIRACLE-GRO CO	28,935 (-4.4%)	$1,688 (-2.0%)	0.2%	$76.83	-28.2%	CL A	810186106
VTI	VANGUARD INDEX FDS	5,407 (-3.3%)	$1,813 (-1.2%)	0.2%	$168.71	—	TOTAL STK MKT	922908769
MMM	3M CO	7,661 (-4.7%)	$1,227 (-1.7%)	0.1%	$86.41	+88.8%	COM	88579Y101
IVV	ISHARES TR	2,850 (-1.3%)	$1,952 (+1.0%)	0.2%	$255.13	—	CORE S&P500 ETF	464287200
CMCSA	COMCAST CORP NEW	7,370 (-1.2%)	$220 (-6.0%)	0.0%	$27.59	+3.4%	CL A	20030N101
VEU	VANGUARD INTL EQUITY INDEX F	16,928 (-2.3%)	$1,245 (+0.7%)	0.1%	$47.29	—	ALLWRLD EX US	922042775
JPM	JPMORGAN CHASE & CO.	42,460 (-2.1%)	$13,682 (+0.0%)	1.5%	$51.06	+506.2%	COM	46625H100
EFA	ISHARES TR	2,313 (-4.1%)	$222 (-1.4%)	0.0%	$89.39	—	MSCI EAFE ETF	464287465
AMZN	AMAZON COM INC	2,265 (-5.2%)	$523 (-0.4%)	0.1%	$155.99	+46.7%	COM	023135106
VEA	VANGUARD TAX-MANAGED FDS	81,775 (-4.1%)	$5,108 (-0.0%)	0.6%	$44.32	—	VAN FTSE DEV MKT	921943858

Unchanged Positions (82)

GOOGL ALPHABET INC 5.4%

Value ($000) $49,802 Shares 159,113 Est. Cost $106.44 Unrealized +168.3%

FAST FASTENAL CO 2.4%

Value ($000) $21,864 Shares 544,840 Est. Cost $25.67 Unrealized +63.8%

PAYX PAYCHEX INC 3.0%

Value ($000) $27,472 Shares 244,890 Est. Cost $26.39 Unrealized +341.7%

MRK MERCK & CO INC 1.7%

Value ($000) $16,183 Shares 153,741 Est. Cost $34.12 Unrealized +173.3%

DOV DOVER CORP 2.2%

Value ($000) $20,558 Shares 105,296 Est. Cost $48.08 Unrealized +278.2%

JNJ JOHNSON & JOHNSON 2.7%

Value ($000) $25,313 Shares 122,312 Est. Cost $64.37 Unrealized +206.0%

YETI YETI HLDGS INC 1.0%

Value ($000) $9,714 Shares 219,930 Est. Cost $40.06 Unrealized -4.0%

WMT WALMART INC 2.7%

Value ($000) $25,386 Shares 227,862 Est. Cost $44.50 Unrealized +140.9%

CSCO CISCO SYS INC 1.6%

Value ($000) $15,259 Shares 198,089 Est. Cost $20.37 Unrealized +262.2%

HD HOME DEPOT INC 0.9%

Value ($000) $7,948 Shares 23,098 Est. Cost $92.41 Unrealized +294.5%

CHDN CHURCHILL DOWNS INC 0.9%

Value ($000) $8,316 Shares 73,086 Est. Cost $79.48 Unrealized +30.2%

XOM EXXON MOBIL CORP 2.3%

Value ($000) $21,161 Shares 175,841 Est. Cost $36.70 Unrealized +214.7%

GLW CORNING INC 2.2%

Value ($000) $20,196 Shares 230,650 Est. Cost $12.09 Unrealized +611.2%

SYK STRYKER CORPORATION 1.4%

Value ($000) $13,087 Shares 37,235 Est. Cost $65.63 Unrealized +453.8%

ORCL ORACLE CORP 0.1%

Value ($000) $1,379 Shares 7,073 Est. Cost $69.47 Unrealized +242.7%

ICLR ICON PLC 1.6%

Value ($000) $14,432 Shares 79,203 Est. Cost $147.53 Unrealized +20.7%

MO ALTRIA GROUP INC 0.3%

Value ($000) $2,871 Shares 49,788 Est. Cost $18.46 Unrealized +221.6%

RSSS RESEARCH SOLUTIONS INC 0.1%

Value ($000) $1,153 Shares 392,284 Est. Cost $2.50 Unrealized +24.5%

TPB TURNING PT BRANDS INC 0.4%

Value ($000) $3,335 Shares 30,770 Est. Cost $27.31 Unrealized +258.1%

PNC PNC FINL SVCS GROUP INC 0.8%

Value ($000) $6,977 Shares 33,424 Est. Cost $50.49 Unrealized +281.8%

JCTC JEWETT CAMERON TRADING LTD 0.1%

Value ($000) $488 Shares 217,053 Est. Cost $6.75 Unrealized -59.3%

KO COCA COLA CO 0.5%

Value ($000) $4,337 Shares 62,034 Est. Cost $28.48 Unrealized +143.7%

PEP PEPSICO INC 1.6%

Value ($000) $14,490 Shares 100,965 Est. Cost $59.56 Unrealized +145.0%

ZTS ZOETIS INC 0.1%

Value ($000) $1,189 Shares 9,451 Est. Cost $49.50 Unrealized +163.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 7.5%

Value ($000) $69,677 Shares 138,619 Est. Cost $111.24 Unrealized +347.2%

ABT ABBOTT LABS 0.3%

Value ($000) $2,723 Shares 21,732 Est. Cost $33.49 Unrealized +280.1%

ADP AUTOMATIC DATA PROCESSING IN 0.1%

Value ($000) $1,209 Shares 4,700 Est. Cost $45.17 Unrealized +486.3%

RELL RICHARDSON ELECTRS LTD 0.2%

Value ($000) $1,461 Shares 134,316 Est. Cost $10.87 Unrealized -2.8%

GEV GE VERNOVA INC 0.3%

Value ($000) $2,511 Shares 3,842 Est. Cost $158.10 Unrealized +285.2%

MSI MOTOROLA SOLUTIONS INC 0.1%

Value ($000) $655 Shares 1,707 Est. Cost $103.95 Unrealized +285.5%

GE GE AEROSPACE 0.7%

Value ($000) $6,897 Shares 22,392 Est. Cost $62.95 Unrealized +377.8%

BF/B BROWN FORMAN CORP 0.3%

Value ($000) $2,737 Shares 105,035 Est. Cost $32.21 Unrealized -13.1%

LRCX LAM RESEARCH CORP 0.0%

Value ($000) $455 Shares 2,660 Est. Cost $105.52 Unrealized +47.2%

DIS DISNEY WALT CO 0.9%

Value ($000) $8,392 Shares 73,766 Est. Cost $116.85 Unrealized -6.3%

UG UNITED GUARDIAN INC 0.0%

Value ($000) $312 Shares 50,636 Est. Cost $18.59 Unrealized -64.4%

IJR ISHARES TR 0.7%

Value ($000) $6,726 Shares 55,967 Est. Cost $93.70 Unrealized —

VGK VANGUARD INTL EQUITY INDEX F 0.2%

Value ($000) $1,873 Shares 22,400 Est. Cost $52.05 Unrealized —

VPL VANGUARD INTL EQUITY INDEX F 0.3%

Value ($000) $2,983 Shares 32,993 Est. Cost $58.92 Unrealized —

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $1,124 Shares 1,303 Est. Cost $275.36 Unrealized +228.9%

ETN EATON CORP PLC 0.0%

Value ($000) $454 Shares 1,425 Est. Cost $182.44 Unrealized +94.2%

AMAT APPLIED MATLS INC 0.0%

Value ($000) $308 Shares 1,200 Est. Cost $157.45 Unrealized +52.1%

AMGN AMGEN INC 0.0%

Value ($000) $385 Shares 1,177 Est. Cost $160.52 Unrealized +96.8%

PM PHILIP MORRIS INTL INC 0.5%

Value ($000) $4,730 Shares 29,490 Est. Cost $51.32 Unrealized +199.3%

ABBV ABBVIE INC 0.4%

Value ($000) $3,511 Shares 15,367 Est. Cost $38.87 Unrealized +485.4%

TSCO TRACTOR SUPPLY CO 0.0%

Value ($000) $331 Shares 6,625 Est. Cost $50.52 Unrealized +6.3%

CVX CHEVRON CORP NEW 0.2%

Value ($000) $1,777 Shares 11,659 Est. Cost $77.43 Unrealized +95.5%

RTX RTX CORPORATION 0.0%

Value ($000) $445 Shares 2,428 Est. Cost $111.70 Unrealized +55.2%

SPY SPDR S&P 500 ETF TR 0.2%

Value ($000) $1,503 Shares 2,204 Est. Cost $315.47 Unrealized —

TFC TRUIST FINL CORP 0.0%

Value ($000) $448 Shares 9,112 Est. Cost $40.89 Unrealized +12.0%

CB CHUBB LIMITED 0.0%

Value ($000) $321 Shares 1,027 Est. Cost $165.00 Unrealized +77.2%

LOW LOWES COS INC 0.1%

Value ($000) $716 Shares 2,971 Est. Cost $67.03 Unrealized +257.8%

YUMC YUM CHINA HLDGS INC 0.0%

Value ($000) $258 Shares 5,404 Est. Cost $33.29 Unrealized +37.6%

CL COLGATE PALMOLIVE CO 0.2%

Value ($000) $2,172 Shares 27,486 Est. Cost $45.63 Unrealized +71.6%

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $1,002 Shares 10,509 Est. Cost $15.48 Unrealized +533.1%

JBL JABIL INC 0.0%

Value ($000) $456 Shares 2,000 Est. Cost $87.51 Unrealized +143.7%

MCK MCKESSON CORP 0.0%

Value ($000) $349 Shares 426 Est. Cost $503.45 Unrealized +62.0%

MRSH MARSH & MCLENNAN COS INC 0.0%

Value ($000) $235 Shares 1,269 Est. Cost $194.69 Unrealized -4.2%

HON HONEYWELL INTL INC 0.0%

Value ($000) $244 Shares 1,251 Est. Cost $178.40 Unrealized +9.3%

KR KROGER CO 0.0%

Value ($000) $229 Shares 3,664 Est. Cost $52.14 Unrealized +25.1%

SO SOUTHERN CO 0.0%

Value ($000) $201 Shares 2,307 Est. Cost $84.13 Unrealized +8.0%

GWW WW GRAINGER INC 0.0%

Value ($000) $303 Shares 300 Est. Cost $621.54 Unrealized +55.9%

IWB ISHARES TR 0.1%

Value ($000) $739 Shares 1,980 Est. Cost $114.56 Unrealized —

CINF CINCINNATI FINL CORP 0.1%

Value ($000) $490 Shares 3,000 Est. Cost $32.92 Unrealized +389.7%

V VISA INC 0.1%

Value ($000) $583 Shares 1,663 Est. Cost $262.53 Unrealized +29.7%

ECL ECOLAB INC 0.0%

Value ($000) $311 Shares 1,184 Est. Cost $167.31 Unrealized +58.8%

IVW ISHARES TR 0.1%

Value ($000) $633 Shares 5,136 Est. Cost $77.65 Unrealized —

F FORD MTR CO 0.0%

Value ($000) $146 Shares 11,119 Est. Cost $10.44 Unrealized +22.9%

AVGO BROADCOM INC 0.0%

Value ($000) $273 Shares 790 Est. Cost $215.92 Unrealized +65.3%

BF/A BROWN FORMAN CORP 0.1%

Value ($000) $479 Shares 18,200 Est. Cost $22.98 Unrealized +20.8%

FNDX SCHWAB STRATEGIC TR 0.0%

Value ($000) $266 Shares 9,762 Est. Cost $38.11 Unrealized —

EEM ISHARES TR 0.0%

Value ($000) $343 Shares 6,276 Est. Cost $41.14 Unrealized —

IWP ISHARES TR 0.0%

Value ($000) $202 Shares 1,474 Est. Cost $138.68 Unrealized —

USMV ISHARES TR 0.1%

Value ($000) $581 Shares 6,174 Est. Cost $44.40 Unrealized —

SCHX SCHWAB STRATEGIC TR 0.0%

Value ($000) $209 Shares 7,758 Est. Cost $26.34 Unrealized —

YUM YUM BRANDS INC 0.1%

Value ($000) $848 Shares 5,604 Est. Cost $51.40 Unrealized +187.3%

TFX TELEFLEX INCORPORATED 0.2%

Value ($000) $1,441 Shares 11,808 Est. Cost $72.98 Unrealized +65.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.5%

Value ($000) $4,529 Shares 6 Est. Cost $190227.67 Unrealized +292.4%

WM WASTE MGMT INC DEL 0.1%

Value ($000) $558 Shares 2,538 Est. Cost $77.21 Unrealized +175.3%

COP CONOCOPHILLIPS 0.0%

Value ($000) $262 Shares 2,796 Est. Cost $87.84 Unrealized +2.5%

IWR ISHARES TR 0.1%

Value ($000) $898 Shares 9,323 Est. Cost $81.98 Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value ($000) $710 Shares 1,243 Est. Cost $285.45 Unrealized +95.8%

EMR EMERSON ELEC CO 0.0%

Value ($000) $214 Shares 1,616 Est. Cost $113.54 Unrealized +16.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	159,113	$49,802	5.4%	$106.44	+168.3%	CAP STK CL A	02079K305
FAST	FASTENAL CO	544,840	$21,864	2.4%	$25.67	+63.8%	COM	311900104
PAYX	PAYCHEX INC	244,890	$27,472	3.0%	$26.39	+341.7%	COM	704326107
MRK	MERCK & CO INC	153,741	$16,183	1.7%	$34.12	+173.3%	COM	58933Y105
DOV	DOVER CORP	105,296	$20,558	2.2%	$48.08	+278.2%	COM	260003108
JNJ	JOHNSON & JOHNSON	122,312	$25,313	2.7%	$64.37	+206.0%	COM	478160104
YETI	YETI HLDGS INC	219,930	$9,714	1.0%	$40.06	-4.0%	COM	98585X104
WMT	WALMART INC	227,862	$25,386	2.7%	$44.50	+140.9%	COM	931142103
CSCO	CISCO SYS INC	198,089	$15,259	1.6%	$20.37	+262.2%	COM	17275R102
HD	HOME DEPOT INC	23,098	$7,948	0.9%	$92.41	+294.5%	COM	437076102
CHDN	CHURCHILL DOWNS INC	73,086	$8,316	0.9%	$79.48	+30.2%	COM	171484108
XOM	EXXON MOBIL CORP	175,841	$21,161	2.3%	$36.70	+214.7%	COM	30231G102
GLW	CORNING INC	230,650	$20,196	2.2%	$12.09	+611.2%	COM	219350105
SYK	STRYKER CORPORATION	37,235	$13,087	1.4%	$65.63	+453.8%	COM	863667101
ORCL	ORACLE CORP	7,073	$1,379	0.1%	$69.47	+242.7%	COM	68389X105
ICLR	ICON PLC	79,203	$14,432	1.6%	$147.53	+20.7%	SHS	G4705A100
MO	ALTRIA GROUP INC	49,788	$2,871	0.3%	$18.46	+221.6%	COM	02209S103
RSSS	RESEARCH SOLUTIONS INC	392,284	$1,153	0.1%	$2.50	+24.5%	COM	761025105
TPB	TURNING PT BRANDS INC	30,770	$3,335	0.4%	$27.31	+258.1%	COM	90041L105
PNC	PNC FINL SVCS GROUP INC	33,424	$6,977	0.8%	$50.49	+281.8%	COM	693475105
JCTC	JEWETT CAMERON TRADING LTD	217,053	$488	0.1%	$6.75	-59.3%	COM NEW	47733C207
KO	COCA COLA CO	62,034	$4,337	0.5%	$28.48	+143.7%	COM	191216100
PEP	PEPSICO INC	100,965	$14,490	1.6%	$59.56	+145.0%	COM	713448108
ZTS	ZOETIS INC	9,451	$1,189	0.1%	$49.50	+163.2%	CL A	98978V103
BRK/B	BERKSHIRE HATHAWAY INC DEL	138,619	$69,677	7.5%	$111.24	+347.2%	CL B NEW	084670702
ABT	ABBOTT LABS	21,732	$2,723	0.3%	$33.49	+280.1%	COM	002824100
ADP	AUTOMATIC DATA PROCESSING IN	4,700	$1,209	0.1%	$45.17	+486.3%	COM	053015103
RELL	RICHARDSON ELECTRS LTD	134,316	$1,461	0.2%	$10.87	-2.8%	COM	763165107
GEV	GE VERNOVA INC	3,842	$2,511	0.3%	$158.10	+285.2%	COM	36828A101
MSI	MOTOROLA SOLUTIONS INC	1,707	$655	0.1%	$103.95	+285.5%	COM NEW	620076307
GE	GE AEROSPACE	22,392	$6,897	0.7%	$62.95	+377.8%	COM NEW	369604301
BF/B	BROWN FORMAN CORP	105,035	$2,737	0.3%	$32.21	-13.1%	CL B	115637209
LRCX	LAM RESEARCH CORP	2,660	$455	0.0%	$105.52	+47.2%	COM NEW	512807306
DIS	DISNEY WALT CO	73,766	$8,392	0.9%	$116.85	-6.3%	COM	254687106
UG	UNITED GUARDIAN INC	50,636	$312	0.0%	$18.59	-64.4%	COM	910571108
IJR	ISHARES TR	55,967	$6,726	0.7%	$93.70	—	CORE S&P SCP ETF	464287804
VGK	VANGUARD INTL EQUITY INDEX F	22,400	$1,873	0.2%	$52.05	—	FTSE EUROPE ETF	922042874
VPL	VANGUARD INTL EQUITY INDEX F	32,993	$2,983	0.3%	$58.92	—	FTSE PACIFIC ETF	922042866
COST	COSTCO WHSL CORP NEW	1,303	$1,124	0.1%	$275.36	+228.9%	COM	22160K105
ETN	EATON CORP PLC	1,425	$454	0.0%	$182.44	+94.2%	SHS	G29183103
AMAT	APPLIED MATLS INC	1,200	$308	0.0%	$157.45	+52.1%	COM	038222105
AMGN	AMGEN INC	1,177	$385	0.0%	$160.52	+96.8%	COM	031162100
PM	PHILIP MORRIS INTL INC	29,490	$4,730	0.5%	$51.32	+199.3%	COM	718172109
ABBV	ABBVIE INC	15,367	$3,511	0.4%	$38.87	+485.4%	COM	00287Y109
TSCO	TRACTOR SUPPLY CO	6,625	$331	0.0%	$50.52	+6.3%	COM	892356106
CVX	CHEVRON CORP NEW	11,659	$1,777	0.2%	$77.43	+95.5%	COM	166764100
RTX	RTX CORPORATION	2,428	$445	0.0%	$111.70	+55.2%	COM	75513E101
SPY	SPDR S&P 500 ETF TR	2,204	$1,503	0.2%	$315.47	—	TR UNIT	78462F103
TFC	TRUIST FINL CORP	9,112	$448	0.0%	$40.89	+12.0%	COM	89832Q109
CB	CHUBB LIMITED	1,027	$321	0.0%	$165.00	+77.2%	COM	H1467J104
LOW	LOWES COS INC	2,971	$716	0.1%	$67.03	+257.8%	COM	548661107
YUMC	YUM CHINA HLDGS INC	5,404	$258	0.0%	$33.29	+37.6%	COM	98850P109
CL	COLGATE PALMOLIVE CO	27,486	$2,172	0.2%	$45.63	+71.6%	COM	194162103
BSX	BOSTON SCIENTIFIC CORP	10,509	$1,002	0.1%	$15.48	+533.1%	COM	101137107
JBL	JABIL INC	2,000	$456	0.0%	$87.51	+143.7%	COM	466313103
MCK	MCKESSON CORP	426	$349	0.0%	$503.45	+62.0%	COM	58155Q103
MRSH	MARSH & MCLENNAN COS INC	1,269	$235	0.0%	$194.69	-4.2%	COM	571748102
HON	HONEYWELL INTL INC	1,251	$244	0.0%	$178.40	+9.3%	COM	438516106
KR	KROGER CO	3,664	$229	0.0%	$52.14	+25.1%	COM	501044101
SO	SOUTHERN CO	2,307	$201	0.0%	$84.13	+8.0%	COM	842587107
GWW	WW GRAINGER INC	300	$303	0.0%	$621.54	+55.9%	COM	384802104
IWB	ISHARES TR	1,980	$739	0.1%	$114.56	—	RUS 1000 ETF	464287622
CINF	CINCINNATI FINL CORP	3,000	$490	0.1%	$32.92	+389.7%	COM	172062101
V	VISA INC	1,663	$583	0.1%	$262.53	+29.7%	COM CL A	92826C839
ECL	ECOLAB INC	1,184	$311	0.0%	$167.31	+58.8%	COM	278865100
IVW	ISHARES TR	5,136	$633	0.1%	$77.65	—	S&P 500 GRWT ETF	464287309
F	FORD MTR CO	11,119	$146	0.0%	$10.44	+22.9%	COM	345370860
AVGO	BROADCOM INC	790	$273	0.0%	$215.92	+65.3%	COM	11135F101
BF/A	BROWN FORMAN CORP	18,200	$479	0.1%	$22.98	+20.8%	CL A	115637100
FNDX	SCHWAB STRATEGIC TR	9,762	$266	0.0%	$38.11	—	FUNDAMENTAL US L	808524771
EEM	ISHARES TR	6,276	$343	0.0%	$41.14	—	MSCI EMG MKT ETF	464287234
IWP	ISHARES TR	1,474	$202	0.0%	$138.68	—	RUS MD CP GR ETF	464287481
USMV	ISHARES TR	6,174	$581	0.1%	$44.40	—	MSCI USA MIN VOL	46429B697
SCHX	SCHWAB STRATEGIC TR	7,758	$209	0.0%	$26.34	—	US LRG CAP ETF	808524201
YUM	YUM BRANDS INC	5,604	$848	0.1%	$51.40	+187.3%	COM	988498101
TFX	TELEFLEX INCORPORATED	11,808	$1,441	0.2%	$72.98	+65.8%	COM	879369106
BRK/A	BERKSHIRE HATHAWAY INC DEL	6	$4,529	0.5%	$190227.67	+292.4%	CL A	084670108
WM	WASTE MGMT INC DEL	2,538	$558	0.1%	$77.21	+175.3%	COM	94106L109
COP	CONOCOPHILLIPS	2,796	$262	0.0%	$87.84	+2.5%	COM	20825C104
IWR	ISHARES TR	9,323	$898	0.1%	$81.98	—	RUS MID CAP ETF	464287499
MA	MASTERCARD INCORPORATED	1,243	$710	0.1%	$285.45	+95.8%	CL A	57636Q104
EMR	EMERSON ELEC CO	1,616	$214	0.0%	$113.54	+16.6%	COM	291011104