RBO & CO LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BF/B	BROWN-FORMAN -B	431,380 (+47.6%)	$11,242 (+42.0%)	1.8%	$36.50	-23.3%	com	115637209
MDLZ	MONDELEZ INTER-A	359,547 (+1.4%)	$19,354 (-12.7%)	3.1%	$44.85	+27.2%	com	609207105
EFX	EQUIFAX INC	72,629 (+4.0%)	$15,759 (-12.0%)	2.5%	$124.54	+75.6%	com	294429105
LYV	LIVE NATION ENTE	129,429 (+4.7%)	$18,444 (-8.7%)	2.9%	$66.45	+116.3%	com	538034109
REG	REGENCY CENTERS	223,214 (+14.9%)	$15,408 (+8.8%)	2.5%	$50.40	+37.9%	com	758849103
WH	WYNDHAM HOTELS &	281,118 (+1.0%)	$21,241 (-4.5%)	3.4%	$54.60	+38.1%	com	98311A105
ADBE	ADOBE INC	37,273 (+7.3%)	$13,045 (+6.4%)	2.1%	$371.87	-8.5%	com	00724F101
ZTS	ZOETIS INC	125,304 (+11.6%)	$15,766 (-4.0%)	2.5%	$92.32	+41.1%	com	98978V103
WM	WASTE MANAGEMENT	59,847 (+3.6%)	$13,149 (+3.0%)	2.1%	$199.97	+6.3%	com	94106L109

Exited Positions (2)

— UNILEVER PLC-ADR 0.1%

Value ($000) $458 Shares 7,719 Est. Cost $56.64 Unrealized —

PG PROCTER & GAMBLE 0.0%

Value ($000) $275 Shares 1,793 Est. Cost $121.90 Unrealized +20.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	UNILEVER PLC-ADR	7,719	$458	0.1%	$56.64	—	—	904767704
PG	PROCTER & GAMBLE	1,793	$275	0.0%	$121.90	+20.7%	—	742718109

Decreased Positions (8)

DEO DIAGEO PLC-ADR 0.5%

Value ($000) $3,309 (-71.7%) Shares 38,359 (-68.7%) Est. Cost $115.55 Unrealized —

OXM OXFORD INDS INC 1.2%

Value ($000) $7,545 (-36.7%) Shares 220,622 (-25.0%) Est. Cost $59.91 Unrealized -37.9%

HKHHF HEINEKEN HLDG 1.5%

Value ($000) $9,274 (-15.4%) Shares 126,558 (-20.9%) Est. Cost $82.17 Unrealized -14.9%

WMG WARNER MUSIC-A 2.1%

Value ($000) $13,474 (-11.0%) Shares 439,308 (-1.2%) Est. Cost $27.00 Unrealized +12.0%

WABC WESTAMERICA BANC 2.2%

Value ($000) $13,720 (-7.6%) Shares 286,840 (-3.4%) Est. Cost $42.51 Unrealized +11.4%

COO COOPER COS INC 2.4%

Value ($000) $15,166 (+7.0%) Shares 185,041 (-10.5%) Est. Cost $94.30 Unrealized -20.6%

LYB LYONDELLBASELL-A 0.2%

Value ($000) $1,251 (-27.8%) Shares 28,893 (-18.2%) Est. Cost $58.85 Unrealized -24.5%

AMZN AMAZON.COM INC 0.0%

Value ($000) $276 (-8.6%) Shares 1,197 (-13.0%) Est. Cost $140.18 Unrealized +63.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DEO	DIAGEO PLC-ADR	38,359 (-68.7%)	$3,309 (-71.7%)	0.5%	$115.55	—	com	25243Q205
OXM	OXFORD INDS INC	220,622 (-25.0%)	$7,545 (-36.7%)	1.2%	$59.91	-37.9%	com	691497309
HKHHF	HEINEKEN HLDG	126,558 (-20.9%)	$9,274 (-15.4%)	1.5%	$82.17	-14.9%	com	N39338194
WMG	WARNER MUSIC-A	439,308 (-1.2%)	$13,474 (-11.0%)	2.1%	$27.00	+12.0%	com	934550203
WABC	WESTAMERICA BANC	286,840 (-3.4%)	$13,720 (-7.6%)	2.2%	$42.51	+11.4%	com	957090103
COO	COOPER COS INC	185,041 (-10.5%)	$15,166 (+7.0%)	2.4%	$94.30	-20.6%	com	216648501
LYB	LYONDELLBASELL-A	28,893 (-18.2%)	$1,251 (-27.8%)	0.2%	$58.85	-24.5%	com	N53745100
AMZN	AMAZON.COM INC	1,197 (-13.0%)	$276 (-8.6%)	0.0%	$140.18	+63.2%	com	023135106

Unchanged Positions (35)

JNJ JOHNSON&JOHNSON 7.2%

Value ($000) $45,000 Shares 217,445 Est. Cost $93.09 Unrealized +111.6%

CFRHF CIE FINANCI-REG 4.2%

Value ($000) $26,530 Shares 122,143 Est. Cost $103.76 Unrealized +98.0%

KEYS KEYSIGHT TECHNOLOGIES INC 2.4%

Value ($000) $15,027 Shares 73,954 Est. Cost $164.15 Unrealized +13.0%

ABT ABBOTT LABS 4.4%

Value ($000) $27,364 Shares 218,403 Est. Cost $37.24 Unrealized +241.8%

KVUE KENVUE INC 2.8%

Value ($000) $17,328 Shares 1,004,502 Est. Cost $19.58 Unrealized -17.0%

XOM EXXON MOBIL CORP 2.4%

Value ($000) $15,266 Shares 126,856 Est. Cost $52.86 Unrealized +118.5%

GOOGL ALPHABET INC-A 0.6%

Value ($000) $3,773 Shares 12,055 Est. Cost $106.87 Unrealized +167.2%

MO ALTRIA GROUP INC 0.9%

Value ($000) $5,636 Shares 97,748 Est. Cost $33.90 Unrealized +75.1%

KO COCA-COLA CO/THE 2.5%

Value ($000) $15,825 Shares 226,363 Est. Cost $34.93 Unrealized +98.7%

ABBV ABBVIE INC 6.9%

Value ($000) $43,079 Shares 188,539 Est. Cost $54.13 Unrealized +320.4%

ORCL ORACLE CORP 0.2%

Value ($000) $1,286 Shares 6,600 Est. Cost $52.75 Unrealized +351.3%

GGG GRACO INC 2.4%

Value ($000) $15,053 Shares 183,643 Est. Cost $36.81 Unrealized +122.6%

JPM JPMORGAN CHASE 3.9%

Value ($000) $24,312 Shares 75,451 Est. Cost $66.56 Unrealized +365.0%

LMT LOCKHEED MARTIN 1.8%

Value ($000) $11,597 Shares 23,977 Est. Cost $216.32 Unrealized +120.1%

PEP PEPSICO INC 3.5%

Value ($000) $21,815 Shares 152,001 Est. Cost $94.68 Unrealized +54.1%

MSFT MICROSOFT CORP 0.7%

Value ($000) $4,708 Shares 9,735 Est. Cost $204.80 Unrealized +144.4%

PM PHILIP MORRIS IN 4.6%

Value ($000) $29,085 Shares 181,331 Est. Cost $59.90 Unrealized +156.4%

MCD MCDONALDS CORP 5.3%

Value ($000) $33,098 Shares 108,295 Est. Cost $100.99 Unrealized +202.1%

CAT CATERPILLAR INC 0.1%

Value ($000) $859 Shares 1,500 Est. Cost $126.81 Unrealized +338.1%

RACE FERRARI NV 0.1%

Value ($000) $482 Shares 1,289 Est. Cost $204.03 Unrealized +96.1%

DIS WALT DISNEY CO 2.6%

Value ($000) $16,468 Shares 144,744 Est. Cost $98.50 Unrealized +11.2%

V VISA INC-CLASS A 0.3%

Value ($000) $1,834 Shares 5,230 Est. Cost $84.08 Unrealized +304.8%

VZ VERIZON COMMUNIC 0.1%

Value ($000) $605 Shares 14,846 Est. Cost $39.58 Unrealized +2.3%

D DOMINION ENERGY 0.2%

Value ($000) $1,053 Shares 17,976 Est. Cost $51.58 Unrealized +15.9%

AAPL APPLE INC 0.1%

Value ($000) $726 Shares 2,669 Est. Cost $77.74 Unrealized +245.2%

AMT AMERICAN TOWER C 0.1%

Value ($000) $439 Shares 2,500 Est. Cost $216.25 Unrealized -16.6%

NEE NEXTERA ENERGY 0.1%

Value ($000) $578 Shares 7,200 Est. Cost $64.30 Unrealized +28.3%

ITW ILLINOIS TOOL WO 0.1%

Value ($000) $517 Shares 2,100 Est. Cost $167.30 Unrealized +48.0%

BK BANK NEW YORK MELLON CORP 0.1%

Value ($000) $464 Shares 4,000 Est. Cost $43.67 Unrealized +153.0%

BRK/B BERKSHIRE HATH-B 5.4%

Value ($000) $33,768 Shares 67,181 Est. Cost $160.85 Unrealized +209.3%

PFE PFIZER INC 0.1%

Value ($000) $737 Shares 29,600 Est. Cost $24.71 Unrealized +1.3%

BOH BANK HAWAII CORP 0.0%

Value ($000) $258 Shares 3,773 Est. Cost $40.29 Unrealized +62.5%

TROW PRICE T ROWE GROUP INC 0.2%

Value ($000) $1,212 Shares 11,843 Est. Cost $96.65 Unrealized +5.7%

BRK/A BERKSHIRE HATH-A 0.6%

Value ($000) $3,774 Shares 5 Est. Cost $230816.08 Unrealized +223.4%

NVDA NVIDIA CORP 0.2%

Value ($000) $1,393 Shares 7,470 Est. Cost $92.80 Unrealized +100.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	JOHNSON&JOHNSON	217,445	$45,000	7.2%	$93.09	+111.6%	com	478160104
CFRHF	CIE FINANCI-REG	122,143	$26,530	4.2%	$103.76	+98.0%	com	H25662182
KEYS	KEYSIGHT TECHNOLOGIES INC	73,954	$15,027	2.4%	$164.15	+13.0%	com	49338L103
ABT	ABBOTT LABS	218,403	$27,364	4.4%	$37.24	+241.8%	com	002824100
KVUE	KENVUE INC	1,004,502	$17,328	2.8%	$19.58	-17.0%	com	49177J102
XOM	EXXON MOBIL CORP	126,856	$15,266	2.4%	$52.86	+118.5%	com	30231G102
GOOGL	ALPHABET INC-A	12,055	$3,773	0.6%	$106.87	+167.2%	com	02079K305
MO	ALTRIA GROUP INC	97,748	$5,636	0.9%	$33.90	+75.1%	com	02209S103
KO	COCA-COLA CO/THE	226,363	$15,825	2.5%	$34.93	+98.7%	com	191216100
ABBV	ABBVIE INC	188,539	$43,079	6.9%	$54.13	+320.4%	com	00287Y109
ORCL	ORACLE CORP	6,600	$1,286	0.2%	$52.75	+351.3%	com	68389X105
GGG	GRACO INC	183,643	$15,053	2.4%	$36.81	+122.6%	com	384109104
JPM	JPMORGAN CHASE	75,451	$24,312	3.9%	$66.56	+365.0%	com	46625H100
LMT	LOCKHEED MARTIN	23,977	$11,597	1.8%	$216.32	+120.1%	com	539830109
PEP	PEPSICO INC	152,001	$21,815	3.5%	$94.68	+54.1%	com	713448108
MSFT	MICROSOFT CORP	9,735	$4,708	0.7%	$204.80	+144.4%	com	594918104
PM	PHILIP MORRIS IN	181,331	$29,085	4.6%	$59.90	+156.4%	com	718172109
MCD	MCDONALDS CORP	108,295	$33,098	5.3%	$100.99	+202.1%	com	580135101
CAT	CATERPILLAR INC	1,500	$859	0.1%	$126.81	+338.1%	com	149123101
RACE	FERRARI NV	1,289	$482	0.1%	$204.03	+96.1%	com	N3167Y103
DIS	WALT DISNEY CO	144,744	$16,468	2.6%	$98.50	+11.2%	com	254687106
V	VISA INC-CLASS A	5,230	$1,834	0.3%	$84.08	+304.8%	com	92826C839
VZ	VERIZON COMMUNIC	14,846	$605	0.1%	$39.58	+2.3%	com	92343V104
D	DOMINION ENERGY	17,976	$1,053	0.2%	$51.58	+15.9%	com	25746U109
AAPL	APPLE INC	2,669	$726	0.1%	$77.74	+245.2%	com	037833100
AMT	AMERICAN TOWER C	2,500	$439	0.1%	$216.25	-16.6%	com	03027X100
NEE	NEXTERA ENERGY	7,200	$578	0.1%	$64.30	+28.3%	com	65339F101
ITW	ILLINOIS TOOL WO	2,100	$517	0.1%	$167.30	+48.0%	com	452308109
BK	BANK NEW YORK MELLON CORP	4,000	$464	0.1%	$43.67	+153.0%	com	064058100
BRK/B	BERKSHIRE HATH-B	67,181	$33,768	5.4%	$160.85	+209.3%	com	084670702
PFE	PFIZER INC	29,600	$737	0.1%	$24.71	+1.3%	com	717081103
BOH	BANK HAWAII CORP	3,773	$258	0.0%	$40.29	+62.5%	com	062540109
TROW	PRICE T ROWE GROUP INC	11,843	$1,212	0.2%	$96.65	+5.7%	com	74144T108
BRK/A	BERKSHIRE HATH-A	5	$3,774	0.6%	$230816.08	+223.4%	com	084670108
NVDA	NVIDIA CORP	7,470	$1,393	0.2%	$92.80	+100.6%	com	67066G104