Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FDXF	FEDEX FGHT HLDG CO	152,374	$23.01M	0.9%	$151.00	$151.00	—	COMMON	314352105
MTUM	ISHARES TR	49,002	$16.8M	0.7%	$342.83	$342.83	—	MSCI USA MMENTM	46432F396
HON	HONEYWELL INTL INC	53,764	$12.04M	0.5%	$223.90	$223.90	—	COMMON	438516205
HONA	HONEYWELL AEROSPACE	53,381	$11.8M	0.5%	$221.08	$221.08	—	COMMON	43849R105
IFNNY	INFINEON TECH AG	114,123	$10.72M	0.4%	$93.96	$93.96	—	ADR EAREP 1 ORD NPV	45662N103
ABBV	ABBVIE INC	3,377	$850K	0.0%	$251.64	$251.64	—	COMMON	00287Y109

Increased Positions (24)

ETN EATON CORPORATION 2.0%

Value $48.18M (+64.0%) Shares 113,066 (+37.7%) Share Price $426.12 Est. Cost/Share $236.71 Unrealized @ Report Date —

NVDA NVIDIA CORP 3.2%

Value $77.83M (+31.5%) Shares 388,989 (+14.6%) Share Price $200.09 Est. Cost/Share $151.49 Unrealized @ Report Date —

AVGO BROADCOM INC 2.0%

Value $48.57M (+53.9%) Shares 128,579 (+26.1%) Share Price $377.75 Est. Cost/Share $213.06 Unrealized @ Report Date —

CPT CAMDEN PPTY TR 1.0%

Value $25.07M (+61.6%) Shares 218,944 (+37.8%) Share Price $114.49 Est. Cost/Share $98.56 Unrealized @ Report Date —

VFMO VANGUARD U.S 1.6%

Value $39.01M (+28.9%) Shares 156,341 (+1.8%) Share Price $249.51 Est. Cost/Share $145.60 Unrealized @ Report Date —

V VISA INC 1.4%

Value $35.04M (+32.9%) Shares 102,129 (+17.0%) Share Price $343.09 Est. Cost/Share $244.68 Unrealized @ Report Date —

PGR PROGRESSIVE CORP 1.0%

Value $24.66M (+48.2%) Shares 112,873 (+34.5%) Share Price $218.45 Est. Cost/Share $121.99 Unrealized @ Report Date —

SARO STANDARDAERO INC 0.9%

Value $21.88M (+39.5%) Shares 731,491 (+20.5%) Share Price $29.91 Est. Cost/Share $28.57 Unrealized @ Report Date —

EUSA ISHARES MSCI USA 1.2%

Value $28.72M (+13.5%) Shares 251,532 (+1.2%) Share Price $114.19 Est. Cost/Share $83.56 Unrealized @ Report Date —

META META PLATFORMS INC 2.1%

Value $50.2M (+3.5%) Shares 89,113 (+5.1%) Share Price $563.29 Est. Cost/Share $647.85 Unrealized @ Report Date —

ZTS ZOETIS INC 0.3%

Value $8.039M (+26.3%) Shares 111,868 (+107.8%) Share Price $71.86 Est. Cost/Share $97.90 Unrealized @ Report Date —

DGRO ISHARES TR 0.5%

Value $11.45M (+16.5%) Shares 151,090 (+7.8%) Share Price $75.79 Est. Cost/Share $58.69 Unrealized @ Report Date —

VTEB VANGUARD MUN BD FD 0.9%

Value $20.83M (+6.7%) Shares 411,742 (+5.2%) Share Price $50.58 Est. Cost/Share $50.46 Unrealized @ Report Date —

TRMB TRIMBLE INC 0.7%

Value $16.97M (+7.9%) Shares 331,617 (+37.6%) Share Price $51.18 Est. Cost/Share $59.63 Unrealized @ Report Date —

ITM VANECK ETF TR 0.8%

Value $19.31M (+2.8%) Shares 410,872 (+1.6%) Share Price $46.99 Est. Cost/Share $46.46 Unrealized @ Report Date —

CMF ISHARES TR 0.1%

Value $1.481M (+12.4%) Shares 25,689 (+10.9%) Share Price $57.64 Est. Cost/Share $56.73 Unrealized @ Report Date —

JNJ JOHNSON & JOHNSON 0.1%

Value $1.772M (+6.1%) Shares 6,977 (+2.1%) Share Price $253.97 Est. Cost/Share $103.24 Unrealized @ Report Date —

VXUS VANGUARD STAR FUND 0.0%

Value $408K (+27.6%) Shares 4,777 (+15.1%) Share Price $85.48 Est. Cost/Share $75.03 Unrealized @ Report Date —

DE DEERE & CO 0.0%

Value $378K (+18.6%) Shares 596 (+5.3%) Share Price $634.33 Est. Cost/Share $408.48 Unrealized @ Report Date —

MGK VANGUARD WORLD FD 0.0%

Value $343K (+19.6%) Shares 3,900 (+400.0%) Share Price $87.91 Est. Cost/Share $117.39 Unrealized @ Report Date —

ABT ABBOTT LABS 0.0%

Value $280K (-8.5%) Shares 3,084 (+3.6%) Share Price $90.74 Est. Cost/Share $49.43 Unrealized @ Report Date —

XOM EXXON MOBIL CORP 0.0%

Value $219K (+6.4%) Shares 1,601 (+32.0%) Share Price $136.73 Est. Cost/Share $138.25 Unrealized @ Report Date —

IUSB ISHARES TR 0.0%

Value $565K (+1.9%) Shares 12,237 (+1.9%) Share Price $46.15 Est. Cost/Share $45.08 Unrealized @ Report Date —

SYK STRYKER CORP 0.0%

Value $408K (-1.1%) Shares 1,296 (+3.3%) Share Price $314.84 Est. Cost/Share $116.34 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ETN	EATON CORPORATION	113,066 (+37.7%)	$48.18M (+64.0%)	2.0%	$426.12	$236.71	—	COMMON	G29183103
NVDA	NVIDIA CORP	388,989 (+14.6%)	$77.83M (+31.5%)	3.2%	$200.09	$151.49	—	COMMON	67066G104
AVGO	BROADCOM INC	128,579 (+26.1%)	$48.57M (+53.9%)	2.0%	$377.75	$213.06	—	COMMON	11135F101
CPT	CAMDEN PPTY TR	218,944 (+37.8%)	$25.07M (+61.6%)	1.0%	$114.49	$98.56	—	SH BEN INT	133131102
VFMO	VANGUARD U.S	156,341 (+1.8%)	$39.01M (+28.9%)	1.6%	$249.51	$145.60	—	MOMENTUM FACTOR ETF	921935508
V	VISA INC	102,129 (+17.0%)	$35.04M (+32.9%)	1.4%	$343.09	$244.68	—	CLASS A	92826C839
PGR	PROGRESSIVE CORP	112,873 (+34.5%)	$24.66M (+48.2%)	1.0%	$218.45	$121.99	—	COMMON	743315103
SARO	STANDARDAERO INC	731,491 (+20.5%)	$21.88M (+39.5%)	0.9%	$29.91	$28.57	—	COMMON STOCK	85423L103
EUSA	ISHARES MSCI USA	251,532 (+1.2%)	$28.72M (+13.5%)	1.2%	$114.19	$83.56	—	EQUAL WEIGHTED ETF	464286681
META	META PLATFORMS INC	89,113 (+5.1%)	$50.2M (+3.5%)	2.1%	$563.29	$647.85	—	COM USD0.000006 CL A	30303M102
ZTS	ZOETIS INC	111,868 (+107.8%)	$8.039M (+26.3%)	0.3%	$71.86	$97.90	—	COMMON	98978V103
DGRO	ISHARES TR	151,090 (+7.8%)	$11.45M (+16.5%)	0.5%	$75.79	$58.69	—	CORE DIV GRWTH	46434V621
VTEB	VANGUARD MUN BD FD	411,742 (+5.2%)	$20.83M (+6.7%)	0.9%	$50.58	$50.46	—	INC TAX-EXEMPT BD	922907746
TRMB	TRIMBLE INC	331,617 (+37.6%)	$16.97M (+7.9%)	0.7%	$51.18	$59.63	—	COM NPV	896239100
ITM	VANECK ETF TR	410,872 (+1.6%)	$19.31M (+2.8%)	0.8%	$46.99	$46.46	—	AMT FREE INTMUNETF	92189H201
CMF	ISHARES TR	25,689 (+10.9%)	$1.481M (+12.4%)	0.1%	$57.64	$56.73	—	CALI AMT-FREE MUNI B	464288356
JNJ	JOHNSON & JOHNSON	6,977 (+2.1%)	$1.772M (+6.1%)	0.1%	$253.97	$103.24	—	COMMON	478160104
VXUS	VANGUARD STAR FUND	4,777 (+15.1%)	$408K (+27.6%)	0.0%	$85.48	$75.03	—	TOT INTL STK IDX FD	921909768
DE	DEERE & CO	596 (+5.3%)	$378K (+18.6%)	0.0%	$634.33	$408.48	—	COMMON	244199105
MGK	VANGUARD WORLD FD	3,900 (+400.0%)	$343K (+19.6%)	0.0%	$87.91	$117.39	—	MEGA GRWTH IND	921910816
ABT	ABBOTT LABS	3,084 (+3.6%)	$280K (-8.5%)	0.0%	$90.74	$49.43	—	COMMON	002824100
XOM	EXXON MOBIL CORP	1,601 (+32.0%)	$219K (+6.4%)	0.0%	$136.73	$138.25	—	COMMON	30231G102
IUSB	ISHARES TR	12,237 (+1.9%)	$565K (+1.9%)	0.0%	$46.15	$45.08	—	CORE UNIVERSAL USD	46434V613
SYK	STRYKER CORP	1,296 (+3.3%)	$408K (-1.1%)	0.0%	$314.84	$116.34	—	COMMON	863667101

Exited Positions (9)

HON HONEYWELL INTL INC 1.1%

Value $25.88M Shares 114,519 Share Price $226.03 Est. Cost/Share $164.63 Unrealized @ Report Date —

CUBE CUBESMART 0.7%

Value $16.39M Shares 447,155 Share Price $36.65 Est. Cost/Share $33.99 Unrealized @ Report Date —

PYPL PAYPAL HLDGS INC 0.5%

Value $12.06M Shares 266,564 Share Price $45.23 Est. Cost/Share $71.94 Unrealized @ Report Date —

VYM VANGUARD WHITEHALL F 0.4%

Value $8.594M Shares 58,029 Share Price $148.10 Est. Cost/Share $128.52 Unrealized @ Report Date —

PFF ISHARES TR 0.2%

Value $3.687M Shares 121,591 Share Price $30.32 Est. Cost/Share $31.02 Unrealized @ Report Date —

— ABBVIE INC 0.0%

Value $756K Shares 3,477 Share Price $217.49 Est. Cost/Share $131.31 Unrealized @ Report Date —

LVS LAS VEGAS SANDS CORP 0.0%

Value $348K Shares 6,462 Share Price $53.88 Est. Cost/Share $39.27 Unrealized @ Report Date —

BDX BECTON DICKINSON 0.0%

Value $326K Shares 2,072 Share Price $157.20 Est. Cost/Share $191.26 Unrealized @ Report Date —

CB CHUBB LIMITED 0.0%

Value $217K Shares 665 Share Price $325.93 Est. Cost/Share $316.22 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HON	HONEYWELL INTL INC	114,519	$25.88M	1.1%	$226.03	$164.63	—	—	438516106
CUBE	CUBESMART	447,155	$16.39M	0.7%	$36.65	$33.99	—	—	229663109
PYPL	PAYPAL HLDGS INC	266,564	$12.06M	0.5%	$45.23	$71.94	—	—	70450Y103
VYM	VANGUARD WHITEHALL F	58,029	$8.594M	0.4%	$148.10	$128.52	—	—	921946406
PFF	ISHARES TR	121,591	$3.687M	0.2%	$30.32	$31.02	—	—	464288687
—	ABBVIE INC	3,477	$756K	0.0%	$217.49	$131.31	—	—	00287y109
LVS	LAS VEGAS SANDS CORP	6,462	$348K	0.0%	$53.88	$39.27	—	—	517834107
BDX	BECTON DICKINSON	2,072	$326K	0.0%	$157.20	$191.26	—	—	075887109
CB	CHUBB LIMITED	665	$217K	0.0%	$325.93	$316.22	—	—	H1467J104

Decreased Positions (61)

FDX FEDEX CORP 0.0%

Value $851K (-96.8%) Shares 2,719 (-96.3%) Share Price $313.14 Est. Cost/Share $188.53 Unrealized @ Report Date —

TSM TAIWAN SEMICONDUCTOR 3.9%

Value $95.56M (+35.0%) Shares 200,103 (-4.5%) Share Price $477.57 Est. Cost/Share $189.90 Unrealized @ Report Date —

RTX RTX CORPORATION 1.3%

Value $31.1M (-36.5%) Shares 163,898 (-35.5%) Share Price $189.73 Est. Cost/Share $74.47 Unrealized @ Report Date —

GOOG ALPHABET INC 4.8%

Value $117M (+12.9%) Shares 332,294 (-8.3%) Share Price $353.33 Est. Cost/Share $109.66 Unrealized @ Report Date —

H HYATT HOTELS CORP 2.3%

Value $55.07M (+30.5%) Shares 284,109 (-3.2%) Share Price $193.84 Est. Cost/Share $151.56 Unrealized @ Report Date —

SLAB SILICON LABS INC 0.0%

Value $294K (-97.3%) Shares 1,345 (-97.4%) Share Price $218.56 Est. Cost/Share $101.92 Unrealized @ Report Date —

AMZN AMAZON COM INC 4.4%

Value $107M (+10.4%) Shares 447,774 (-3.5%) Share Price $238.34 Est. Cost/Share $131.56 Unrealized @ Report Date —

PANW PALO ALTO NETWORKS 1.1%

Value $26.93M (+57.7%) Shares 78,979 (-25.9%) Share Price $341.02 Est. Cost/Share $172.15 Unrealized @ Report Date —

CSCO CISCO SYSTEMS INC 1.4%

Value $34.82M (+38.2%) Shares 296,446 (-8.7%) Share Price $117.46 Est. Cost/Share $31.16 Unrealized @ Report Date —

AAPL APPLE INC 4.0%

Value $98.86M (+10.1%) Shares 341,640 (-3.4%) Share Price $289.36 Est. Cost/Share $93.86 Unrealized @ Report Date —

INTU INTUIT 0.4%

Value $9.88M (-45.2%) Shares 37,855 (-9.3%) Share Price $261.00 Est. Cost/Share $241.97 Unrealized @ Report Date —

NFLX NETFLIX INC 0.7%

Value $17.83M (-29.8%) Shares 249,653 (-5.4%) Share Price $71.40 Est. Cost/Share $99.77 Unrealized @ Report Date —

ANET ARISTA NETWORKS IN 1.3%

Value $32.02M (+30.3%) Shares 188,476 (-5.9%) Share Price $169.88 Est. Cost/Share $102.84 Unrealized @ Report Date —

CVX CHEVRON CORP 0.9%

Value $20.86M (-24.6%) Shares 125,820 (-5.8%) Share Price $165.76 Est. Cost/Share $81.11 Unrealized @ Report Date —

C CITIGROUP INC 1.7%

Value $42.07M (+16.8%) Shares 300,617 (-5.3%) Share Price $139.96 Est. Cost/Share $49.34 Unrealized @ Report Date —

ADI ANALOG DEVICES INC 1.4%

Value $33.11M (+21.8%) Shares 83,377 (-2.4%) Share Price $397.17 Est. Cost/Share $156.03 Unrealized @ Report Date —

TMUS T-MOBILE US INC 0.6%

Value $15.4M (-24.5%) Shares 91,832 (-5.5%) Share Price $167.73 Est. Cost/Share $104.81 Unrealized @ Report Date —

MDT MEDTRONIC PLC 1.1%

Value $27.28M (-13.4%) Shares 348,684 (-4.1%) Share Price $78.23 Est. Cost/Share $89.06 Unrealized @ Report Date —

BRBR BELLRING BRANDS INC 0.3%

Value $7.905M (-33.8%) Shares 610,859 (-17.7%) Share Price $12.94 Est. Cost/Share $40.05 Unrealized @ Report Date —

OTIS OTIS WORLDWIDE CORP 0.8%

Value $18.8M (-17.5%) Shares 262,612 (-11.2%) Share Price $71.60 Est. Cost/Share $71.92 Unrealized @ Report Date —

QCOM QUALCOMM INC 0.9%

Value $22.05M (+20.3%) Shares 119,319 (-16.1%) Share Price $184.79 Est. Cost/Share $153.69 Unrealized @ Report Date —

WMT WALMART INC 1.0%

Value $24.25M (-13.2%) Shares 214,078 (-4.8%) Share Price $113.26 Est. Cost/Share $46.86 Unrealized @ Report Date —

CRM SALESFORCE INC 0.5%

Value $12.53M (-22.8%) Shares 79,958 (-8.0%) Share Price $156.66 Est. Cost/Share $184.90 Unrealized @ Report Date —

AGNC AGNC INVT CORP 1.5%

Value $36.74M (-9.0%) Shares 3,371,067 (-16.2%) Share Price $10.90 Est. Cost/Share $9.93 Unrealized @ Report Date —

EOG EOG RESOURCES INC 0.8%

Value $20.65M (-14.6%) Shares 159,172 (-4.9%) Share Price $129.73 Est. Cost/Share $81.11 Unrealized @ Report Date —

GIL GILDAN ACTIVEWEAR 0.9%

Value $21.43M (-12.4%) Shares 415,251 (-5.5%) Share Price $51.60 Est. Cost/Share $28.00 Unrealized @ Report Date —

SRE SEMPRA 1.6%

Value $38.46M (-7.0%) Shares 414,833 (-2.5%) Share Price $92.71 Est. Cost/Share $61.80 Unrealized @ Report Date —

PFE PFIZER INC 0.6%

Value $13.73M (-15.4%) Shares 570,345 (-1.4%) Share Price $24.08 Est. Cost/Share $22.11 Unrealized @ Report Date —

STZ CONSTELLATION BRANDS 0.7%

Value $16.08M (-13.2%) Shares 115,584 (-6.3%) Share Price $139.09 Est. Cost/Share $202.22 Unrealized @ Report Date —

GS GOLDMAN SACHS GROUP 1.0%

Value $24.93M (-8.8%) Shares 24,653 (-23.7%) Share Price $1011.36 Est. Cost/Share $227.21 Unrealized @ Report Date —

AZN ASTRAZENECA PLC 0.8%

Value $20.61M (-9.4%) Shares 108,676 (-5.8%) Share Price $189.62 Est. Cost/Share $190.39 Unrealized @ Report Date —

DT DYNATRACE HOLDINGS 0.7%

Value $18.33M (+12.9%) Shares 417,440 (-4.9%) Share Price $43.91 Est. Cost/Share $49.31 Unrealized @ Report Date —

EXE EXPAND ENERGY CORP 0.3%

Value $6.896M (-22.5%) Shares 75,621 (-6.7%) Share Price $91.19 Est. Cost/Share $105.80 Unrealized @ Report Date —

EXC EXELON CORP 0.7%

Value $17.09M (-10.1%) Shares 366,488 (-5.5%) Share Price $46.62 Est. Cost/Share $29.60 Unrealized @ Report Date —

BMY BRISTOL MYERS SQUIBB 0.7%

Value $15.97M (-10.2%) Shares 277,201 (-5.4%) Share Price $57.62 Est. Cost/Share $49.98 Unrealized @ Report Date —

MSFT MICROSOFT CORP 3.7%

Value $90.55M (-1.9%) Shares 242,760 (-2.6%) Share Price $373.02 Est. Cost/Share $131.38 Unrealized @ Report Date —

FANG DIAMONDBACK ENERGY 0.4%

Value $9.768M (-13.4%) Shares 55,568 (-2.5%) Share Price $175.78 Est. Cost/Share $124.06 Unrealized @ Report Date —

WAFD WAFD INC 0.4%

Value $10.85M (+14.4%) Shares 282,839 (-6.4%) Share Price $38.37 Est. Cost/Share $27.16 Unrealized @ Report Date —

VRTX VERTEX PHARMA 1.0%

Value $24.2M (+5.8%) Shares 48,710 (-4.9%) Share Price $496.73 Est. Cost/Share $297.62 Unrealized @ Report Date —

FUL FULLER H B CO 0.5%

Value $11.62M (-10.0%) Shares 199,390 (-4.8%) Share Price $58.29 Est. Cost/Share $58.01 Unrealized @ Report Date —

GBCI GLACIER BANCORP INC 0.6%

Value $14.6M (+9.1%) Shares 283,016 (-5.5%) Share Price $51.58 Est. Cost/Share $49.22 Unrealized @ Report Date —

ITOT ISHARES TRUST CORE 0.3%

Value $8.125M (+13.5%) Shares 49,458 (-1.6%) Share Price $164.27 Est. Cost/Share $125.48 Unrealized @ Report Date —

CTVA CORTEVA INC 0.8%

Value $19.48M (-4.5%) Shares 230,036 (-5.7%) Share Price $84.69 Est. Cost/Share $41.14 Unrealized @ Report Date —

LH LABCORP HOLDINGS INC 1.5%

Value $37.21M (+1.8%) Shares 132,898 (-3.0%) Share Price $280.00 Est. Cost/Share $200.08 Unrealized @ Report Date —

VB VANGUARD INDEX TR 0.2%

Value $6.094M (+11.3%) Shares 20,105 (-3.8%) Share Price $303.12 Est. Cost/Share $201.37 Unrealized @ Report Date —

GLD SPDR GOLD TR 0.0%

Value $320K (-61.7%) Shares 870 (-55.3%) Share Price $368.38 Est. Cost/Share $242.13 Unrealized @ Report Date —

JMST JPMORGAN 0.4%

Value $10.68M (-3.4%) Shares 209,448 (-3.4%) Share Price $51.00 Est. Cost/Share $50.87 Unrealized @ Report Date —

CI THE CIGNA GROUP 1.1%

Value $26.29M (-1.3%) Shares 95,348 (-4.5%) Share Price $275.68 Est. Cost/Share $244.00 Unrealized @ Report Date —

TMO THERMO FISHER SCI 0.8%

Value $19.27M (-1.7%) Shares 38,437 (-3.6%) Share Price $501.36 Est. Cost/Share $574.61 Unrealized @ Report Date —

GOOGL ALPHABET INC 0.1%

Value $1.821M (+19.0%) Shares 5,096 (-4.2%) Share Price $357.37 Est. Cost/Share $131.18 Unrealized @ Report Date —

IDEV ISHARES TR 0.0%

Value $634K (-24.6%) Shares 7,118 (-29.3%) Share Price $89.01 Est. Cost/Share $61.68 Unrealized @ Report Date —

HD HOME DEPOT INC 0.9%

Value $21.55M (+0.9%) Shares 61,101 (-5.9%) Share Price $352.68 Est. Cost/Share $352.62 Unrealized @ Report Date —

SHM SPDR SER TR 0.1%

Value $2.08M (-8.2%) Shares 43,357 (-8.4%) Share Price $47.97 Est. Cost/Share $47.59 Unrealized @ Report Date —

LRCX LAM RESEARCH CORPORA 0.0%

Value $400K (+78.5%) Shares 924 (-12.0%) Share Price $433.33 Est. Cost/Share $225.94 Unrealized @ Report Date —

CMI CUMMINS INC 0.0%

Value $556K (+27.3%) Shares 780 (-3.9%) Share Price $713.21 Est. Cost/Share $575.50 Unrealized @ Report Date —

JPM JPMORGAN CHASE & CO 0.1%

Value $1.328M (+6.8%) Shares 4,058 (-4.0%) Share Price $327.33 Est. Cost/Share $93.08 Unrealized @ Report Date —

VTHR VANGUARD SCOTTSDAL 0.0%

Value $1.014M (+8.7%) Shares 3,061 (-5.7%) Share Price $331.43 Est. Cost/Share $287.42 Unrealized @ Report Date —

NYF ISHARES TR 0.0%

Value $238K (-11.8%) Shares 4,406 (-13.1%) Share Price $53.90 Est. Cost/Share $53.94 Unrealized @ Report Date —

SPY STATE ST SPDR S&P500 0.0%

Value $261K (-9.3%) Shares 349 (-21.0%) Share Price $746.77 Est. Cost/Share $648.45 Unrealized @ Report Date —

NEE NEXTERA ENERGY INC 0.0%

Value $226K (-9.3%) Shares 2,579 (-4.0%) Share Price $87.77 Est. Cost/Share $87.17 Unrealized @ Report Date —

MUB ISHARES TR 0.2%

Value $5.208M (-0.2%) Shares 48,395 (-1.6%) Share Price $107.62 Est. Cost/Share $107.45 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FDX	FEDEX CORP	2,719 (-96.3%)	$851K (-96.8%)	0.0%	$313.14	$188.53	—	COMMON	31428X106
TSM	TAIWAN SEMICONDUCTOR	200,103 (-4.5%)	$95.56M (+35.0%)	3.9%	$477.57	$189.90	—	SP ADR (5 ORD)	874039100
RTX	RTX CORPORATION	163,898 (-35.5%)	$31.1M (-36.5%)	1.3%	$189.73	$74.47	—	COM USD1	75513E101
GOOG	ALPHABET INC	332,294 (-8.3%)	$117M (+12.9%)	4.8%	$353.33	$109.66	—	CLASS C	02079K107
H	HYATT HOTELS CORP	284,109 (-3.2%)	$55.07M (+30.5%)	2.3%	$193.84	$151.56	—	CLASS A	448579102
SLAB	SILICON LABS INC	1,345 (-97.4%)	$294K (-97.3%)	0.0%	$218.56	$101.92	—	COMMON	826919102
AMZN	AMAZON COM INC	447,774 (-3.5%)	$107M (+10.4%)	4.4%	$238.34	$131.56	—	COMMON	023135106
PANW	PALO ALTO NETWORKS	78,979 (-25.9%)	$26.93M (+57.7%)	1.1%	$341.02	$172.15	—	COMMON	697435105
CSCO	CISCO SYSTEMS INC	296,446 (-8.7%)	$34.82M (+38.2%)	1.4%	$117.46	$31.16	—	COMMON	17275R102
AAPL	APPLE INC	341,640 (-3.4%)	$98.86M (+10.1%)	4.0%	$289.36	$93.86	—	COMMON	037833100
INTU	INTUIT	37,855 (-9.3%)	$9.88M (-45.2%)	0.4%	$261.00	$241.97	—	COMMON	461202103
NFLX	NETFLIX INC	249,653 (-5.4%)	$17.83M (-29.8%)	0.7%	$71.40	$99.77	—	COMMON	64110L106
ANET	ARISTA NETWORKS IN	188,476 (-5.9%)	$32.02M (+30.3%)	1.3%	$169.88	$102.84	—	COM USD0.0001	040413205
CVX	CHEVRON CORP	125,820 (-5.8%)	$20.86M (-24.6%)	0.9%	$165.76	$81.11	—	COMMON	166764100
C	CITIGROUP INC	300,617 (-5.3%)	$42.07M (+16.8%)	1.7%	$139.96	$49.34	—	COMMON	172967424
ADI	ANALOG DEVICES INC	83,377 (-2.4%)	$33.11M (+21.8%)	1.4%	$397.17	$156.03	—	COMMON	032654105
TMUS	T-MOBILE US INC	91,832 (-5.5%)	$15.4M (-24.5%)	0.6%	$167.73	$104.81	—	COMMON	872590104
MDT	MEDTRONIC PLC	348,684 (-4.1%)	$27.28M (-13.4%)	1.1%	$78.23	$89.06	—	ORDINARY SHS $0.0001	G5960L103
BRBR	BELLRING BRANDS INC	610,859 (-17.7%)	$7.905M (-33.8%)	0.3%	$12.94	$40.05	—	COM USD0.01	07831C103
OTIS	OTIS WORLDWIDE CORP	262,612 (-11.2%)	$18.8M (-17.5%)	0.8%	$71.60	$71.92	—	COMMON USD0.01	68902V107
QCOM	QUALCOMM INC	119,319 (-16.1%)	$22.05M (+20.3%)	0.9%	$184.79	$153.69	—	COMMON	747525103
WMT	WALMART INC	214,078 (-4.8%)	$24.25M (-13.2%)	1.0%	$113.26	$46.86	—	COMMON	931142103
CRM	SALESFORCE INC	79,958 (-8.0%)	$12.53M (-22.8%)	0.5%	$156.66	$184.90	—	COMMON	79466L302
AGNC	AGNC INVT CORP	3,371,067 (-16.2%)	$36.74M (-9.0%)	1.5%	$10.90	$9.93	—	COM	00123Q104
EOG	EOG RESOURCES INC	159,172 (-4.9%)	$20.65M (-14.6%)	0.8%	$129.73	$81.11	—	COMMON	26875P101
GIL	GILDAN ACTIVEWEAR	415,251 (-5.5%)	$21.43M (-12.4%)	0.9%	$51.60	$28.00	—	COMMON	375916103
SRE	SEMPRA	414,833 (-2.5%)	$38.46M (-7.0%)	1.6%	$92.71	$61.80	—	COMMON	816851109
PFE	PFIZER INC	570,345 (-1.4%)	$13.73M (-15.4%)	0.6%	$24.08	$22.11	—	COMMON	717081103
STZ	CONSTELLATION BRANDS	115,584 (-6.3%)	$16.08M (-13.2%)	0.7%	$139.09	$202.22	—	CLASS A	21036P108
GS	GOLDMAN SACHS GROUP	24,653 (-23.7%)	$24.93M (-8.8%)	1.0%	$1011.36	$227.21	—	COMMON	38141G104
AZN	ASTRAZENECA PLC	108,676 (-5.8%)	$20.61M (-9.4%)	0.8%	$189.62	$190.39	—	ORD USD0.25	G0593M107
DT	DYNATRACE HOLDINGS	417,440 (-4.9%)	$18.33M (+12.9%)	0.7%	$43.91	$49.31	—	COMMON	268150109
EXE	EXPAND ENERGY CORP	75,621 (-6.7%)	$6.896M (-22.5%)	0.3%	$91.19	$105.80	—	COMMON	165167735
EXC	EXELON CORP	366,488 (-5.5%)	$17.09M (-10.1%)	0.7%	$46.62	$29.60	—	COMMON	30161N101
BMY	BRISTOL MYERS SQUIBB	277,201 (-5.4%)	$15.97M (-10.2%)	0.7%	$57.62	$49.98	—	COMMON	110122108
MSFT	MICROSOFT CORP	242,760 (-2.6%)	$90.55M (-1.9%)	3.7%	$373.02	$131.38	—	COMMON	594918104
FANG	DIAMONDBACK ENERGY	55,568 (-2.5%)	$9.768M (-13.4%)	0.4%	$175.78	$124.06	—	COMMON	25278X109
WAFD	WAFD INC	282,839 (-6.4%)	$10.85M (+14.4%)	0.4%	$38.37	$27.16	—	COMMON	938824109
VRTX	VERTEX PHARMA	48,710 (-4.9%)	$24.2M (+5.8%)	1.0%	$496.73	$297.62	—	COMMON	92532F100
FUL	FULLER H B CO	199,390 (-4.8%)	$11.62M (-10.0%)	0.5%	$58.29	$58.01	—	COM USD1	359694106
GBCI	GLACIER BANCORP INC	283,016 (-5.5%)	$14.6M (+9.1%)	0.6%	$51.58	$49.22	—	COMMON	37637Q105
ITOT	ISHARES TRUST CORE	49,458 (-1.6%)	$8.125M (+13.5%)	0.3%	$164.27	$125.48	—	S&P TOTAL US STK MKT	464287150
CTVA	CORTEVA INC	230,036 (-5.7%)	$19.48M (-4.5%)	0.8%	$84.69	$41.14	—	COM	22052L104
LH	LABCORP HOLDINGS INC	132,898 (-3.0%)	$37.21M (+1.8%)	1.5%	$280.00	$200.08	—	COMMON	504922105
VB	VANGUARD INDEX TR	20,105 (-3.8%)	$6.094M (+11.3%)	0.2%	$303.12	$201.37	—	SMALL CAP	922908751
GLD	SPDR GOLD TR	870 (-55.3%)	$320K (-61.7%)	0.0%	$368.38	$242.13	—	GOLD SHS	78463V107
JMST	JPMORGAN	209,448 (-3.4%)	$10.68M (-3.4%)	0.4%	$51.00	$50.87	—	ULTRA-SHRT MUNICIPAL	46641Q654
CI	THE CIGNA GROUP	95,348 (-4.5%)	$26.29M (-1.3%)	1.1%	$275.68	$244.00	—	COMMON USD0.01	125523100
TMO	THERMO FISHER SCI	38,437 (-3.6%)	$19.27M (-1.7%)	0.8%	$501.36	$574.61	—	COMMON	883556102
GOOGL	ALPHABET INC	5,096 (-4.2%)	$1.821M (+19.0%)	0.1%	$357.37	$131.18	—	CLASS A	02079K305
IDEV	ISHARES TR	7,118 (-29.3%)	$634K (-24.6%)	0.0%	$89.01	$61.68	—	CORE MSCI INTL	46435G326
HD	HOME DEPOT INC	61,101 (-5.9%)	$21.55M (+0.9%)	0.9%	$352.68	$352.62	—	COMMON	437076102
SHM	SPDR SER TR	43,357 (-8.4%)	$2.08M (-8.2%)	0.1%	$47.97	$47.59	—	STATE STR NUVN ICE S	78468R739
LRCX	LAM RESEARCH CORPORA	924 (-12.0%)	$400K (+78.5%)	0.0%	$433.33	$225.94	—	COMMON	512807306
CMI	CUMMINS INC	780 (-3.9%)	$556K (+27.3%)	0.0%	$713.21	$575.50	—	COMMON	231021106
JPM	JPMORGAN CHASE & CO	4,058 (-4.0%)	$1.328M (+6.8%)	0.1%	$327.33	$93.08	—	COMMON	46625H100
VTHR	VANGUARD SCOTTSDAL	3,061 (-5.7%)	$1.014M (+8.7%)	0.0%	$331.43	$287.42	—	FDS VNG RUS3000IDX	92206C599
NYF	ISHARES TR	4,406 (-13.1%)	$238K (-11.8%)	0.0%	$53.90	$53.94	—	NY AMT-FREE MUNI BD	464288323
SPY	STATE ST SPDR S&P500	349 (-21.0%)	$261K (-9.3%)	0.0%	$746.77	$648.45	—	UNITS SER 1 S&P	78462F103
NEE	NEXTERA ENERGY INC	2,579 (-4.0%)	$226K (-9.3%)	0.0%	$87.77	$87.17	—	COMMON	65339F101
MUB	ISHARES TR	48,395 (-1.6%)	$5.208M (-0.2%)	0.2%	$107.62	$107.45	—	NATL AMT FREE MUNI B	464288414

Unchanged Positions (32)

IXUS ISHARES TR 8.3%

Value $203M Shares 2,122,254 Share Price $95.44 Est. Cost/Share $78.48 Unrealized @ Report Date —

CVS CVS HEALTH CORP 1.0%

Value $25.3M Shares 244,542 Share Price $103.45 Est. Cost/Share $55.73 Unrealized @ Report Date —

ICE INTER CONTINENTAL EX 0.6%

Value $14.63M Shares 118,842 Share Price $123.11 Est. Cost/Share $153.96 Unrealized @ Report Date —

BAC BANK OF AMERICA CORP 0.9%

Value $21.84M Shares 383,246 Share Price $56.98 Est. Cost/Share $20.34 Unrealized @ Report Date —

EQT EQT CORP 0.5%

Value $13.29M Shares 250,007 Share Price $53.17 Est. Cost/Share $53.40 Unrealized @ Report Date —

FIBK FIRST INTST BANCSYS 0.8%

Value $18.47M Shares 478,878 Share Price $38.56 Est. Cost/Share $29.95 Unrealized @ Report Date —

CMCSA COMCAST CORP 0.5%

Value $13.42M Shares 546,533 Share Price $24.55 Est. Cost/Share $31.32 Unrealized @ Report Date —

BA BOEING CO 0.9%

Value $22.14M Shares 102,283 Share Price $216.47 Est. Cost/Share $161.42 Unrealized @ Report Date —

PM PHILIP MORRIS INTL 0.9%

Value $20.8M Shares 114,953 Share Price $180.91 Est. Cost/Share $76.03 Unrealized @ Report Date —

CP CANADIAN PACIFIC KC 0.7%

Value $16.31M Shares 188,197 Share Price $86.65 Est. Cost/Share $77.24 Unrealized @ Report Date —

LOW LOWES CO 0.6%

Value $15.13M Shares 68,609 Share Price $220.49 Est. Cost/Share $232.34 Unrealized @ Report Date —

TRNO TERRENO RLTY CORP 0.7%

Value $17.82M Shares 275,086 Share Price $64.77 Est. Cost/Share $55.07 Unrealized @ Report Date —

LIN LINDE PLC 0.5%

Value $12.88M Shares 24,822 Share Price $518.94 Est. Cost/Share $449.96 Unrealized @ Report Date —

SCHW SCHWAB CHARLES CORP 0.9%

Value $21.67M Shares 234,899 Share Price $92.27 Est. Cost/Share $61.55 Unrealized @ Report Date —

CAT CATERPILLAR INC 0.1%

Value $1.479M Shares 1,389 Share Price $1064.90 Est. Cost/Share $131.35 Unrealized @ Report Date —

ELAN ELANCO ANIMAL HEALTH 0.7%

Value $16.45M Shares 668,594 Share Price $24.61 Est. Cost/Share $11.00 Unrealized @ Report Date —

VTI VANGUARD INDEX TR 0.1%

Value $1.5M Shares 4,052 Share Price $370.07 Est. Cost/Share $214.88 Unrealized @ Report Date —

MS MORGAN STANLEY 0.0%

Value $716K Shares 3,427 Share Price $209.04 Est. Cost/Share $20.01 Unrealized @ Report Date —

IJH ISHARES TRUST 0.0%

Value $752K Shares 9,747 Share Price $77.11 Est. Cost/Share $62.30 Unrealized @ Report Date —

VOO VANGUARD INDEX FDS 0.0%

Value $617K Shares 898 Share Price $686.81 Est. Cost/Share $511.74 Unrealized @ Report Date —

COST COSTCO WHSL CORP 0.0%

Value $1.178M Shares 1,260 Share Price $935.29 Est. Cost/Share $648.01 Unrealized @ Report Date —

IJR ISHARES TR 0.0%

Value $391K Shares 2,637 Share Price $148.31 Est. Cost/Share $115.22 Unrealized @ Report Date —

LLY LILLY ELI & CO 0.0%

Value $278K Shares 232 Share Price $1199.43 Est. Cost/Share $773.40 Unrealized @ Report Date —

IWV ISHARES 0.0%

Value $448K Shares 1,050 Share Price $426.40 Est. Cost/Share $260.46 Unrealized @ Report Date —

MGC VANGUARD WORLD FD 0.0%

Value $329K Shares 1,204 Share Price $273.63 Est. Cost/Share $195.83 Unrealized @ Report Date —

TSLA TESLA INC 0.0%

Value $374K Shares 890 Share Price $420.60 Est. Cost/Share $241.95 Unrealized @ Report Date —

APO APOLLO GLOBAL MGMT 0.0%

Value $357K Shares 3,020 Share Price $118.31 Est. Cost/Share $151.84 Unrealized @ Report Date —

EQIX EQUINIX INC 0.0%

Value $232K Shares 223 Share Price $1042.39 Est. Cost/Share $764.11 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY 0.0%

Value $227K Shares 454 Share Price $500.39 Est. Cost/Share $470.45 Unrealized @ Report Date —

SO SOUTHERN CO 0.0%

Value $699K Shares 7,300 Share Price $95.71 Est. Cost/Share $37.21 Unrealized @ Report Date —

BSV VANGUARD BD INDEX FD 0.0%

Value $312K Shares 4,000 Share Price $77.91 Est. Cost/Share $78.81 Unrealized @ Report Date —

ORCL ORACLE CORP 0.0%

Value $253K Shares 1,725 Share Price $146.55 Est. Cost/Share $76.76 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IXUS	ISHARES TR	2,122,254	$203M	8.3%	$95.44	$78.48	—	CORE MSCITOTAL	46432F834
CVS	CVS HEALTH CORP	244,542	$25.3M	1.0%	$103.45	$55.73	—	COMMON	126650100
ICE	INTER CONTINENTAL EX	118,842	$14.63M	0.6%	$123.11	$153.96	—	COM	45866F104
BAC	BANK OF AMERICA CORP	383,246	$21.84M	0.9%	$56.98	$20.34	—	COMMON	060505104
EQT	EQT CORP	250,007	$13.29M	0.5%	$53.17	$53.40	—	COM	26884L109
FIBK	FIRST INTST BANCSYS	478,878	$18.47M	0.8%	$38.56	$29.95	—	CLASS A	32055Y201
CMCSA	COMCAST CORP	546,533	$13.42M	0.5%	$24.55	$31.32	—	CLASS A	20030N101
BA	BOEING CO	102,283	$22.14M	0.9%	$216.47	$161.42	—	COMMON	097023105
PM	PHILIP MORRIS INTL	114,953	$20.8M	0.9%	$180.91	$76.03	—	COMMON	718172109
CP	CANADIAN PACIFIC KC	188,197	$16.31M	0.7%	$86.65	$77.24	—	COMMON	13646K108
LOW	LOWES CO	68,609	$15.13M	0.6%	$220.49	$232.34	—	COMMON	548661107
TRNO	TERRENO RLTY CORP	275,086	$17.82M	0.7%	$64.77	$55.07	—	COMMON	88146M101
LIN	LINDE PLC	24,822	$12.88M	0.5%	$518.94	$449.96	—	SHS	G54950103
SCHW	SCHWAB CHARLES CORP	234,899	$21.67M	0.9%	$92.27	$61.55	—	COM	808513105
CAT	CATERPILLAR INC	1,389	$1.479M	0.1%	$1064.90	$131.35	—	COMMON	149123101
ELAN	ELANCO ANIMAL HEALTH	668,594	$16.45M	0.7%	$24.61	$11.00	—	COMMON	28414H103
VTI	VANGUARD INDEX TR	4,052	$1.5M	0.1%	$370.07	$214.88	—	TOTAL STOCK MARKET	922908769
MS	MORGAN STANLEY	3,427	$716K	0.0%	$209.04	$20.01	—	COMMON	617446448
IJH	ISHARES TRUST	9,747	$752K	0.0%	$77.11	$62.30	—	CORE S&P MID-CAP ETF	464287507
VOO	VANGUARD INDEX FDS	898	$617K	0.0%	$686.81	$511.74	—	S&P 500 ETF SHS	922908363
COST	COSTCO WHSL CORP	1,260	$1.178M	0.0%	$935.29	$648.01	—	COMMON	22160K105
IJR	ISHARES TR	2,637	$391K	0.0%	$148.31	$115.22	—	CORE S&P SMALL-CAP	464287804
LLY	LILLY ELI & CO	232	$278K	0.0%	$1199.43	$773.40	—	COMMON	532457108
IWV	ISHARES	1,050	$448K	0.0%	$426.40	$260.46	—	RUSSELL 3000 ETF	464287689
MGC	VANGUARD WORLD FD	1,204	$329K	0.0%	$273.63	$195.83	—	ETF MEGA CAP INDEX	921910873
TSLA	TESLA INC	890	$374K	0.0%	$420.60	$241.95	—	COM	88160R101
APO	APOLLO GLOBAL MGMT	3,020	$357K	0.0%	$118.31	$151.84	—	COMMON STOCK	03769M106
EQIX	EQUINIX INC	223	$232K	0.0%	$1042.39	$764.11	—	COMMON	29444U700
BRK/B	BERKSHIRE HATHAWAY	454	$227K	0.0%	$500.39	$470.45	—	CLASS B	084670702
SO	SOUTHERN CO	7,300	$699K	0.0%	$95.71	$37.21	—	COMMON	842587107
BSV	VANGUARD BD INDEX FD	4,000	$312K	0.0%	$77.91	$78.81	—	ETF SHORT TRM BOND	921937827
ORCL	ORACLE CORP	1,725	$253K	0.0%	$146.55	$76.76	—	COMMON	68389X105