SUMMITRY LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PRF	INVESCO EXCHANGE TRADED FD T	36,015	$1,690	0.1%	$46.92	—	RAFI US 1000 ETF	46137V613
FNDA	SCHWAB STRATEGIC TR	48,417	$1,526	0.1%	$31.51	—	FUNDAMENTAL US S	808524763
VTI	VANGUARD INDEX FDS	3,256	$1,092	0.0%	$335.29	—	TOTAL STK MKT	922908769
VOO	VANGUARD INDEX FDS	1,609	$1,009	0.0%	$627.13	—	S&P 500 ETF SHS	922908363
FNDE	SCHWAB STRATEGIC TR	21,606	$779	0.0%	$36.06	—	FUNDAMENTAL EMER	808524730
JKHY	HENRY JACK & ASSOC INC	3,944	$720	0.0%	$166.24	0.0%	COM	426281101
AFL	AFLAC INC	5,799	$639	0.0%	$109.84	0.0%	COM	001055102
TAP	MOLSON COORS BEVERAGE CO	13,656	$637	0.0%	$45.79	0.0%	CL B	60871R209
SPEM	SPDR INDEX SHS FDS	12,671	$593	0.0%	$46.81	—	PORTFOLIO EMG MK	78463X509
MTB	M & T BK CORP	2,878	$580	0.0%	$190.09	0.0%	COM	55261F104
VB	VANGUARD INDEX FDS	1,754	$452	0.0%	$257.95	—	SMALL CP ETF	922908751
NICE	NICE LTD	3,866	$437	0.0%	$113.04	—	SPONSORED ADR	653656108
DAL	DELTA AIR LINES INC DEL	5,740	$398	0.0%	$62.45	0.0%	COM NEW	247361702
PHM	PULTE GROUP INC	3,362	$394	0.0%	$122.44	0.0%	COM	745867101
CPAY	CORPAY INC	1,270	$382	0.0%	$290.32	0.0%	COM SHS	219948106
SCHX	SCHWAB STRATEGIC TR	13,806	$372	0.0%	$26.91	—	US LRG CAP ETF	808524201
CFG	CITIZENS FINL GROUP INC	6,036	$353	0.0%	$53.58	0.0%	COM	174610105
APO	APOLLO GLOBAL MGMT INC	2,413	$349	0.0%	$132.57	0.0%	COM	03769M106
HBAN	HUNTINGTON BANCSHARES INC	20,053	$348	0.0%	$16.29	0.0%	COM	446150104
PWR	QUANTA SVCS INC	707	$298	0.0%	$439.27	0.0%	COM	74762E102
JBHT	HUNT J B TRANS SVCS INC	1,516	$295	0.0%	$171.51	0.0%	COM	445658107
RVTY	REVVITY INC	3,005	$291	0.0%	$95.99	0.0%	COM	714046109
WTW	WILLIS TOWERS WATSON PLC LTD	865	$284	0.0%	$326.48	0.0%	SHS	G96629103
SLB	SLB LIMITED	7,396	$284	0.0%	$36.06	0.0%	COM STK	806857108
MTSI	MACOM TECH SOLUTIONS HLDGS I	1,649	$282	0.0%	$158.72	0.0%	COM	55405Y100
FNDX	SCHWAB STRATEGIC TR	10,142	$276	0.0%	$27.21	—	FUNDAMENTAL US L	808524771
LUV	SOUTHWEST AIRLS CO	6,483	$268	0.0%	$34.79	0.0%	COM	844741108
AMD	ADVANCED MICRO DEVICES INC	1,204	$258	0.0%	$224.60	0.0%	COM	007903107
BF/B	BROWN FORMAN CORP	9,777	$255	0.0%	$27.98	0.0%	CL B	115637209
MTCH	MATCH GROUP INC NEW	7,822	$253	0.0%	$32.85	0.0%	COM	57667L107
FNDF	SCHWAB STRATEGIC TR	5,494	$248	0.0%	$45.21	—	FUNDAMENTAL INTL	808524755
LRCX	LAM RESEARCH CORP	1,405	$241	0.0%	$155.36	0.0%	COM NEW	512807306
SNPS	SYNOPSYS INC	508	$239	0.0%	$444.23	0.0%	COM	871607107
—	DAYFORCE INC	3,419	$236	0.0%	$68.83	0.0%	COM	15677J108
TJX	TJX COS INC NEW	1,539	$236	0.0%	$147.70	0.0%	COM	872540109
SCHC	SCHWAB STRATEGIC TR	5,177	$236	0.0%	$45.53	—	INTL SCEQT ETF	808524888
UHS	UNIVERSAL HLTH SVCS INC	1,075	$234	0.0%	$220.94	0.0%	CL B	913903100
ISRG	INTUITIVE SURGICAL INC	412	$233	0.0%	$532.37	0.0%	COM NEW	46120E602
XLI	SELECT SECTOR SPDR TR	1,503	$233	0.0%	$155.12	—	STATE STREET IND	81369Y704
AXP	AMERICAN EXPRESS CO	596	$220	0.0%	$356.97	0.0%	COM	025816109
PNC	PNC FINL SVCS GROUP INC	1,028	$215	0.0%	$192.78	0.0%	COM	693475105
BK	BANK NEW YORK MELLON CORP	1,817	$211	0.0%	$110.50	0.0%	COM	064058100
RF	REGIONS FINANCIAL CORP NEW	7,777	$211	0.0%	$25.37	0.0%	COM	7591EP100
DUK	DUKE ENERGY CORP NEW	1,797	$211	0.0%	$121.57	0.0%	COM NEW	26441C204
WDFC	WD 40 CO	1,070	$211	0.0%	$195.95	0.0%	COM	929236107
WRB	BERKLEY W R CORP	2,955	$207	0.0%	$72.74	0.0%	COM	084423102
AEE	AMEREN CORP	2,045	$204	0.0%	$101.98	0.0%	COM	023608102
ACN	ACCENTURE PLC IRELAND	760	$204	0.0%	$254.06	0.0%	SHS CLASS A	G1151C101
SYF	SYNCHRONY FINANCIAL	2,440	$204	0.0%	$76.31	0.0%	COM	87165B103
FIS	FIDELITY NATL INFORMATION SV	3,043	$202	0.0%	$65.64	0.0%	COM	31620M106
DTE	DTE ENERGY CO	1,567	$202	0.0%	$134.80	0.0%	COM	233331107
BALL	BALL CORP	3,798	$201	0.0%	$49.09	0.0%	COM	058498106
—	AMCOR PLC	18,247	$152	0.0%	$8.25	0.0%	ORD	G0250X107
DNN	DENISON MINES CORP	10,000	$27	0.0%	$2.72	0.0%	COM	248356107

Increased Positions (138)

CRM SALESFORCE INC 2.4%

Value ($000) $56,866 (+16.0%) Shares 214,663 (+3.8%) Est. Cost $224.36 Unrealized +10.6%

ZBRA ZEBRA TECHNOLOGIES CORPORATI 1.8%

Value ($000) $42,698 (-15.5%) Shares 175,844 (+3.4%) Est. Cost $309.11 Unrealized -13.5%

NFLX NETFLIX INC 1.3%

Value ($000) $30,669 (-19.5%) Shares 327,099 (+929.7%) Est. Cost $101.56 Unrealized +6.2%

RTO RENTOKIL INITIAL PLC 1.8%

Value ($000) $43,482 (+18.7%) Shares 1,475,957 (+1.7%) Est. Cost $24.35 Unrealized —

ODFL OLD DOMINION FREIGHT LINE IN 1.4%

Value ($000) $34,210 (+17.4%) Shares 218,175 (+5.4%) Est. Cost $181.74 Unrealized -21.2%

SCHW SCHWAB CHARLES CORP 2.9%

Value ($000) $70,665 (+6.9%) Shares 707,286 (+2.1%) Est. Cost $52.77 Unrealized +79.5%

MSFT MICROSOFT CORP 3.1%

Value ($000) $74,680 (-5.2%) Shares 154,420 (+1.5%) Est. Cost $95.55 Unrealized +423.9%

V VISA INC 2.8%

Value ($000) $68,316 (+5.8%) Shares 194,792 (+3.0%) Est. Cost $149.02 Unrealized +128.4%

MCO MOODYS CORP 1.7%

Value ($000) $40,868 (+9.8%) Shares 80,001 (+2.4%) Est. Cost $295.42 Unrealized +65.0%

CAT CATERPILLAR INC 0.5%

Value ($000) $12,894 (+22.1%) Shares 22,508 (+1.7%) Est. Cost $172.02 Unrealized +222.9%

MA MASTERCARD INCORPORATED 3.6%

Value ($000) $85,304 (+1.9%) Shares 149,425 (+1.6%) Est. Cost $279.85 Unrealized +99.7%

JNJ JOHNSON & JOHNSON 0.5%

Value ($000) $10,959 (+15.9%) Shares 52,957 (+3.8%) Est. Cost $133.05 Unrealized +48.1%

LOW LOWES COS INC 3.7%

Value ($000) $88,603 (-1.5%) Shares 367,404 (+2.7%) Est. Cost $148.83 Unrealized +61.1%

CSCO CISCO SYS INC 0.4%

Value ($000) $9,486 (+15.3%) Shares 123,144 (+2.4%) Est. Cost $41.26 Unrealized +78.8%

IBDU ISHARES TR 1.8%

Value ($000) $42,995 (+2.9%) Shares 1,837,008 (+3.1%) Est. Cost $22.91 Unrealized —

USB US BANCORP DEL 0.3%

Value ($000) $7,973 (+17.3%) Shares 149,419 (+6.3%) Est. Cost $37.25 Unrealized +30.8%

ETN EATON CORP PLC 0.3%

Value ($000) $7,045 (-12.0%) Shares 22,120 (+3.4%) Est. Cost $127.06 Unrealized +178.9%

IBTG ISHARES TR 1.5%

Value ($000) $34,832 (+2.7%) Shares 1,522,715 (+3.0%) Est. Cost $22.87 Unrealized —

IBDT ISHARES TR 1.5%

Value ($000) $35,425 (+2.6%) Shares 1,391,684 (+2.9%) Est. Cost $24.96 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.0%

Value ($000) $1,059 (+384.7%) Shares 44,049 (+369.4%) Est. Cost $23.88 Unrealized —

SBUX STARBUCKS CORP 2.7%

Value ($000) $65,183 (+1.2%) Shares 774,050 (+1.7%) Est. Cost $84.77 Unrealized -0.8%

IBTQ ISHARES TR 1.1%

Value ($000) $25,283 (+3.1%) Shares 992,283 (+3.3%) Est. Cost $25.53 Unrealized —

IBGA ISHARES TR 1.9%

Value ($000) $45,017 (+1.7%) Shares 1,821,802 (+3.3%) Est. Cost $24.64 Unrealized —

DG DOLLAR GEN CORP NEW 0.0%

Value ($000) $1,089 (+210.9%) Shares 8,200 (+142.0%) Est. Cost $105.98 Unrealized +5.2%

COR CENCORA INC 0.4%

Value ($000) $8,426 (+9.6%) Shares 24,948 (+1.4%) Est. Cost $90.99 Unrealized +274.3%

IBDW ISHARES TR 1.4%

Value ($000) $32,765 (+2.0%) Shares 1,549,157 (+2.4%) Est. Cost $20.39 Unrealized —

KMB KIMBERLY-CLARK CORP 0.2%

Value ($000) $5,112 (-11.0%) Shares 50,674 (+9.7%) Est. Cost $109.47 Unrealized -1.0%

IBDZ ISHARES TR 1.4%

Value ($000) $33,293 (+1.9%) Shares 1,262,550 (+2.3%) Est. Cost $25.44 Unrealized —

IBTP ISHARES TR 0.9%

Value ($000) $22,179 (+2.8%) Shares 859,319 (+3.2%) Est. Cost $25.91 Unrealized —

MCD MCDONALDS CORP 0.3%

Value ($000) $7,732 (+7.9%) Shares 25,297 (+7.3%) Est. Cost $204.38 Unrealized +49.3%

HD HOME DEPOT INC 0.1%

Value ($000) $1,277 (+74.8%) Shares 3,710 (+105.9%) Est. Cost $354.55 Unrealized +2.8%

IBDY ISHARES TR 1.1%

Value ($000) $26,732 (+2.0%) Shares 1,022,638 (+2.4%) Est. Cost $25.44 Unrealized —

T AT&T INC 0.3%

Value ($000) $6,508 (-7.0%) Shares 262,016 (+5.7%) Est. Cost $15.97 Unrealized +58.3%

MMM 3M CO 0.3%

Value ($000) $6,392 (+6.6%) Shares 39,925 (+3.3%) Est. Cost $101.06 Unrealized +61.5%

EMR EMERSON ELEC CO 0.3%

Value ($000) $8,029 (+5.1%) Shares 60,494 (+3.9%) Est. Cost $72.60 Unrealized +82.3%

CB CHUBB LIMITED 0.1%

Value ($000) $1,978 (+23.7%) Shares 6,337 (+11.9%) Est. Cost $206.56 Unrealized +41.6%

VTRS VIATRIS INC 0.0%

Value ($000) $516 (+177.5%) Shares 41,422 (+120.7%) Est. Cost $10.19 Unrealized +5.1%

META META PLATFORMS INC 2.5%

Value ($000) $60,014 (+0.5%) Shares 90,918 (+11.8%) Est. Cost $231.76 Unrealized +187.9%

LLY ELI LILLY & CO 0.0%

Value ($000) $902 (+53.7%) Shares 839 (+9.1%) Est. Cost $785.33 Unrealized +21.7%

ASML ASML HOLDING N V 0.0%

Value ($000) $960 (+48.2%) Shares 897 (+34.1%) Est. Cost $788.68 Unrealized —

GMED GLOBUS MED INC 0.0%

Value ($000) $698 (+80.8%) Shares 7,994 (+18.6%) Est. Cost $73.22 Unrealized +3.7%

TFLO ISHARES TR 0.9%

Value ($000) $20,734 (+1.4%) Shares 410,909 (+1.7%) Est. Cost $50.52 Unrealized —

CNC CENTENE CORP DEL 0.0%

Value ($000) $974 (+37.7%) Shares 23,672 (+19.4%) Est. Cost $31.38 Unrealized +19.3%

AVGO BROADCOM INC 0.1%

Value ($000) $2,535 (+9.6%) Shares 7,324 (+4.4%) Est. Cost $231.85 Unrealized +54.0%

EPD ENTERPRISE PRODS PARTNERS L 0.0%

Value ($000) $497 (+74.3%) Shares 15,490 (+70.0%) Est. Cost $26.12 Unrealized —

RIO RIO TINTO PLC 0.0%

Value ($000) $518 (+59.0%) Shares 6,479 (+31.1%) Est. Cost $70.78 Unrealized —

RBC RBC BEARINGS INC 0.0%

Value ($000) $928 (+26.1%) Shares 2,069 (+9.8%) Est. Cost $317.95 Unrealized +33.2%

BAM BROOKFIELD ASSET MANAGMT LTD 0.4%

Value ($000) $8,492 (-2.1%) Shares 162,090 (+6.4%) Est. Cost $36.52 Unrealized +46.4%

ED CONSOLIDATED EDISON INC 0.0%

Value ($000) $574 (+44.4%) Shares 5,783 (+46.1%) Est. Cost $98.62 Unrealized +0.2%

FITB FIFTH THIRD BANCORP 0.0%

Value ($000) $439 (+65.2%) Shares 9,377 (+57.2%) Est. Cost $43.26 Unrealized +0.9%

FMX FOMENTO ECONOMICO MEXICANO S 0.0%

Value ($000) $647 (+36.2%) Shares 6,398 (+32.9%) Est. Cost $110.01 Unrealized —

CWST CASELLA WASTE SYS INC 0.0%

Value ($000) $568 (+39.3%) Shares 5,802 (+35.0%) Est. Cost $102.72 Unrealized -9.6%

TSLA TESLA INC 0.1%

Value ($000) $2,160 (+7.9%) Shares 4,803 (+6.7%) Est. Cost $308.08 Unrealized +43.9%

BBVA BANCO BILBAO VIZCAYA ARGENTA 0.0%

Value ($000) $585 (+35.9%) Shares 25,106 (+12.3%) Est. Cost $13.25 Unrealized —

BFAM BRIGHT HORIZONS FAM SOL IN D 0.0%

Value ($000) $427 (+56.8%) Shares 4,213 (+67.8%) Est. Cost $112.60 Unrealized -10.4%

MFC MANULIFE FINL CORP 0.0%

Value ($000) $649 (+30.7%) Shares 17,881 (+12.2%) Est. Cost $26.25 Unrealized +29.3%

MRK MERCK & CO INC 0.0%

Value ($000) $533 (+38.3%) Shares 5,061 (+10.3%) Est. Cost $88.40 Unrealized +5.5%

WMT WALMART INC 0.0%

Value ($000) $925 (+18.4%) Shares 8,299 (+9.5%) Est. Cost $69.04 Unrealized +55.3%

JPM JPMORGAN CHASE & CO. 0.1%

Value ($000) $1,369 (+11.7%) Shares 4,248 (+9.3%) Est. Cost $190.13 Unrealized +62.8%

PG PROCTER AND GAMBLE CO 0.3%

Value ($000) $8,217 (+1.7%) Shares 57,338 (+9.0%) Est. Cost $119.53 Unrealized +23.1%

XOM EXXON MOBIL CORP 0.0%

Value ($000) $730 (+22.4%) Shares 6,065 (+14.7%) Est. Cost $99.86 Unrealized +15.6%

HII HUNTINGTON INGALLS INDS INC 0.0%

Value ($000) $357 (+59.1%) Shares 1,049 (+34.7%) Est. Cost $276.03 Unrealized +12.1%

NOVT NOVANTA INC 0.0%

Value ($000) $447 (+39.2%) Shares 3,755 (+17.2%) Est. Cost $146.43 Unrealized -22.2%

HLN HALEON PLC 0.0%

Value ($000) $514 (+28.8%) Shares 50,815 (+14.3%) Est. Cost $9.23 Unrealized —

HDB HDFC BANK LTD 0.0%

Value ($000) $744 (+18.1%) Shares 20,353 (+10.4%) Est. Cost $48.55 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.0%

Value ($000) $357 (+46.9%) Shares 6,620 (+22.8%) Est. Cost $47.26 Unrealized +0.6%

EXLS EXLSERVICE HOLDINGS INC 0.0%

Value ($000) $806 (+16.0%) Shares 18,982 (+20.3%) Est. Cost $38.54 Unrealized +6.1%

TXRH TEXAS ROADHOUSE INC 0.0%

Value ($000) $675 (+19.6%) Shares 4,064 (+19.8%) Est. Cost $169.65 Unrealized -0.5%

GMAB GENMAB A/S 0.0%

Value ($000) $327 (+49.2%) Shares 10,603 (+48.5%) Est. Cost $30.71 Unrealized —

AGYS AGILYSYS INC 0.0%

Value ($000) $400 (+35.9%) Shares 3,362 (+20.3%) Est. Cost $98.09 Unrealized +22.7%

PLUS EPLUS INC 0.0%

Value ($000) $333 (+45.8%) Shares 3,793 (+18.0%) Est. Cost $72.34 Unrealized +14.0%

SHEL SHELL PLC 0.0%

Value ($000) $846 (+13.7%) Shares 11,508 (+10.6%) Est. Cost $68.16 Unrealized —

BCPC BALCHEM CORP 0.0%

Value ($000) $570 (+20.8%) Shares 3,715 (+18.2%) Est. Cost $162.60 Unrealized -6.7%

— WELLS FARGO CO NEW 0.1%

Value ($000) $2,557 (+3.9%) Shares 2,110 (+5.8%) Est. Cost $1475.35 Unrealized —

ROAD CONSTRUCTION PARTNERS INC 0.0%

Value ($000) $862 (+12.1%) Shares 7,938 (+31.1%) Est. Cost $68.87 Unrealized +63.4%

SPGI S&P GLOBAL INC 0.0%

Value ($000) $550 (+19.0%) Shares 1,052 (+10.9%) Est. Cost $493.16 Unrealized +0.2%

RYAAY RYANAIR HOLDINGS PLC 0.0%

Value ($000) $323 (+37.3%) Shares 4,472 (+14.5%) Est. Cost $61.74 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $304 (+40.5%) Shares 1,180 (+60.3%) Est. Cost $288.24 Unrealized -8.1%

EXPO EXPONENT INC 0.0%

Value ($000) $492 (+21.0%) Shares 7,081 (+21.0%) Est. Cost $81.86 Unrealized -14.4%

RGEN REPLIGEN CORP 0.0%

Value ($000) $285 (+42.6%) Shares 1,741 (+16.3%) Est. Cost $126.40 Unrealized +23.9%

DGII DIGI INTL INC 0.0%

Value ($000) $298 (+39.9%) Shares 6,886 (+17.9%) Est. Cost $35.23 Unrealized +13.7%

SPXC SPX TECHNOLOGIES INC 0.0%

Value ($000) $392 (+27.6%) Shares 1,959 (+19.1%) Est. Cost $175.27 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.3%

Value ($000) $6,588 (-1.3%) Shares 161,751 (+6.6%) Est. Cost $36.36 Unrealized +11.3%

NTES NETEASE INC 0.0%

Value ($000) $381 (+27.2%) Shares 2,772 (+40.6%) Est. Cost $135.69 Unrealized —

KO COCA COLA CO 0.0%

Value ($000) $692 (+12.7%) Shares 9,893 (+6.9%) Est. Cost $55.25 Unrealized +25.6%

FDX FEDEX CORP 0.0%

Value ($000) $279 (+37.9%) Shares 965 (+12.6%) Est. Cost $232.02 Unrealized +12.7%

DCI DONALDSON INC 0.0%

Value ($000) $300 (+34.0%) Shares 3,385 (+23.7%) Est. Cost $77.04 Unrealized +12.2%

VCEL VERICEL CORP 0.0%

Value ($000) $301 (+33.8%) Shares 8,370 (+16.9%) Est. Cost $39.65 Unrealized -7.3%

L LOEWS CORP 0.0%

Value ($000) $299 (+33.3%) Shares 2,836 (+27.1%) Est. Cost $96.31 Unrealized +7.2%

AMGN AMGEN INC 0.0%

Value ($000) $284 (+34.8%) Shares 868 (+16.2%) Est. Cost $290.68 Unrealized +8.7%

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $746 (+10.6%) Shares 2,517 (+5.3%) Est. Cost $143.33 Unrealized +108.5%

BAP CREDICORP LTD 0.0%

Value ($000) $382 (+22.7%) Shares 1,331 (+13.9%) Est. Cost $206.23 Unrealized +28.4%

MS MORGAN STANLEY 0.0%

Value ($000) $278 (+34.0%) Shares 1,567 (+20.0%) Est. Cost $149.78 Unrealized +11.1%

ESE ESCO TECHNOLOGIES INC 0.0%

Value ($000) $711 (+10.8%) Shares 3,640 (+19.7%) Est. Cost $162.40 Unrealized +29.7%

TECH BIO-TECHNE CORP 0.0%

Value ($000) $302 (+26.1%) Shares 5,134 (+19.3%) Est. Cost $54.62 Unrealized +11.2%

DSGX DESCARTES SYS GROUP INC 0.0%

Value ($000) $557 (+12.5%) Shares 6,353 (+20.9%) Est. Cost $99.15 Unrealized -9.9%

TLK P T TELEKOMUNIKASI INDONESIA 0.0%

Value ($000) $279 (+28.0%) Shares 13,262 (+14.5%) Est. Cost $17.49 Unrealized —

VTR VENTAS INC 0.0%

Value ($000) $331 (+22.6%) Shares 4,280 (+10.9%) Est. Cost $58.25 Unrealized +28.7%

CAG CONAGRA BRANDS INC 0.0%

Value ($000) $392 (+17.9%) Shares 22,635 (+24.8%) Est. Cost $22.68 Unrealized -22.2%

PH PARKER-HANNIFIN CORP 0.0%

Value ($000) $337 (+21.0%) Shares 383 (+4.4%) Est. Cost $646.22 Unrealized +26.5%

C CITIGROUP INC 0.0%

Value ($000) $278 (+25.6%) Shares 2,382 (+9.3%) Est. Cost $94.92 Unrealized +9.2%

ALC ALCON AG 0.0%

Value ($000) $320 (+21.5%) Shares 4,063 (+14.9%) Est. Cost $90.06 Unrealized -14.5%

HRL HORMEL FOODS CORP 0.0%

Value ($000) $513 (+12.2%) Shares 21,632 (+17.2%) Est. Cost $28.12 Unrealized -17.1%

NVS NOVARTIS AG 0.0%

Value ($000) $277 (+24.8%) Shares 2,009 (+16.1%) Est. Cost $129.58 Unrealized —

BKNG BOOKING HOLDINGS INC 0.0%

Value ($000) $509 (+10.9%) Shares 95 (+11.8%) Est. Cost $2479.40 Unrealized +107.2%

KNSL KINSALE CAP GROUP INC 0.0%

Value ($000) $494 (+10.4%) Shares 1,263 (+20.1%) Est. Cost $439.47 Unrealized -7.2%

SITE SITEONE LANDSCAPE SUPPLY INC 0.0%

Value ($000) $377 (+13.9%) Shares 3,025 (+17.8%) Est. Cost $129.74 Unrealized -2.4%

HQY HEALTHEQUITY INC 0.0%

Value ($000) $363 (+14.1%) Shares 3,963 (+18.1%) Est. Cost $99.31 Unrealized -3.6%

DE DEERE & CO 0.0%

Value ($000) $417 (+11.7%) Shares 895 (+9.7%) Est. Cost $359.40 Unrealized +30.1%

AWK AMERICAN WTR WKS CO INC NEW 0.0%

Value ($000) $258 (+20.2%) Shares 1,980 (+28.2%) Est. Cost $134.70 Unrealized -1.1%

AX AXOS FINANCIAL INC 0.0%

Value ($000) $260 (+19.7%) Shares 3,015 (+17.6%) Est. Cost $86.43 Unrealized -4.7%

BLKB BLACKBAUD INC 0.0%

Value ($000) $311 (+15.9%) Shares 4,905 (+17.7%) Est. Cost $62.76 Unrealized -1.4%

GIS GENERAL MLS INC 0.0%

Value ($000) $652 (+6.7%) Shares 14,014 (+15.7%) Est. Cost $50.85 Unrealized -6.7%

CERT CERTARA INC 0.0%

Value ($000) $205 (-15.4%) Shares 23,240 (+17.3%) Est. Cost $11.03 Unrealized -6.6%

FSV FIRSTSERVICE CORP NEW 0.0%

Value ($000) $287 (+14.7%) Shares 1,843 (+40.5%) Est. Cost $184.10 Unrealized -11.8%

TYL TYLER TECHNOLOGIES INC 0.0%

Value ($000) $333 (+11.6%) Shares 733 (+28.6%) Est. Cost $545.33 Unrealized -12.6%

ALRM ALARM COM HLDGS INC 0.0%

Value ($000) $269 (+13.2%) Shares 5,270 (+17.7%) Est. Cost $54.84 Unrealized -7.0%

PEP PEPSICO INC 0.0%

Value ($000) $613 (+5.3%) Shares 4,271 (+3.1%) Est. Cost $146.64 Unrealized -0.5%

DGX QUEST DIAGNOSTICS INC 0.0%

Value ($000) $343 (+9.6%) Shares 1,974 (+20.4%) Est. Cost $177.56 Unrealized +2.5%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $268 (+12.2%) Shares 813 (+17.3%) Est. Cost $304.59 Unrealized +10.7%

MELI MERCADOLIBRE INC 0.0%

Value ($000) $433 (-5.5%) Shares 215 (+9.7%) Est. Cost $1998.14 Unrealized +5.1%

LMAT LEMAITRE VASCULAR INC 0.0%

Value ($000) $295 (+9.2%) Shares 3,643 (+17.9%) Est. Cost $84.22 Unrealized +2.1%

LEN LENNAR CORP 0.0%

Value ($000) $346 (+7.6%) Shares 3,368 (+32.0%) Est. Cost $122.88 Unrealized -1.8%

ADBE ADOBE INC 0.0%

Value ($000) $343 (+6.6%) Shares 980 (+7.5%) Est. Cost $395.72 Unrealized -14.1%

EQR EQUITY RESIDENTIAL 0.0%

Value ($000) $228 (+10.2%) Shares 3,613 (+13.2%) Est. Cost $62.48 Unrealized -2.9%

IBDS ISHARES TR 0.0%

Value ($000) $290 (+6.4%) Shares 11,950 (+6.7%) Est. Cost $24.27 Unrealized —

DORM DORMAN PRODS INC 0.0%

Value ($000) $226 (-6.8%) Shares 1,837 (+17.9%) Est. Cost $142.16 Unrealized -5.0%

ESS ESSEX PPTY TR INC 0.0%

Value ($000) $464 (+3.2%) Shares 1,773 (+5.5%) Est. Cost $258.19 Unrealized -0.7%

PFE PFIZER INC 0.0%

Value ($000) $549 (+2.5%) Shares 22,045 (+4.9%) Est. Cost $23.46 Unrealized +6.7%

VVV VALVOLINE INC 0.0%

Value ($000) $231 (-5.1%) Shares 7,942 (+17.3%) Est. Cost $34.92 Unrealized -8.1%

AAON AAON INC 0.0%

Value ($000) $582 (-2.0%) Shares 7,635 (+20.0%) Est. Cost $89.89 Unrealized +2.7%

VERX VERTEX INC 0.0%

Value ($000) $228 (-4.9%) Shares 11,412 (+18.1%) Est. Cost $34.54 Unrealized -37.4%

ABBV ABBVIE INC 0.0%

Value ($000) $961 (+1.0%) Shares 4,206 (+2.3%) Est. Cost $153.32 Unrealized +48.4%

SONY SONY GROUP CORP 0.0%

Value ($000) $520 (+1.8%) Shares 20,318 (+14.5%) Est. Cost $29.56 Unrealized —

DIS DISNEY WALT CO 0.0%

Value ($000) $461 (+1.5%) Shares 4,056 (+2.1%) Est. Cost $109.65 Unrealized -0.1%

OLLI OLLIES BARGAIN OUTLET HLDGS 0.0%

Value ($000) $463 (+1.4%) Shares 4,221 (+18.8%) Est. Cost $109.76 Unrealized +9.9%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $272 (+2.2%) Shares 1,565 (+8.2%) Est. Cost $190.74 Unrealized -10.5%

INTU INTUIT 0.0%

Value ($000) $582 (-0.9%) Shares 879 (+2.2%) Est. Cost $674.19 Unrealized -2.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	214,663 (+3.8%)	$56,866 (+16.0%)	2.4%	$224.36	+10.6%	COM	79466L302
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	175,844 (+3.4%)	$42,698 (-15.5%)	1.8%	$309.11	-13.5%	CL A	989207105
NFLX	NETFLIX INC	327,099 (+929.7%)	$30,669 (-19.5%)	1.3%	$101.56	+6.2%	COM	64110L106
RTO	RENTOKIL INITIAL PLC	1,475,957 (+1.7%)	$43,482 (+18.7%)	1.8%	$24.35	—	SPONSORED ADR	760125104
ODFL	OLD DOMINION FREIGHT LINE IN	218,175 (+5.4%)	$34,210 (+17.4%)	1.4%	$181.74	-21.2%	COM	679580100
SCHW	SCHWAB CHARLES CORP	707,286 (+2.1%)	$70,665 (+6.9%)	2.9%	$52.77	+79.5%	COM	808513105
MSFT	MICROSOFT CORP	154,420 (+1.5%)	$74,680 (-5.2%)	3.1%	$95.55	+423.9%	COM	594918104
V	VISA INC	194,792 (+3.0%)	$68,316 (+5.8%)	2.8%	$149.02	+128.4%	COM CL A	92826C839
MCO	MOODYS CORP	80,001 (+2.4%)	$40,868 (+9.8%)	1.7%	$295.42	+65.0%	COM	615369105
CAT	CATERPILLAR INC	22,508 (+1.7%)	$12,894 (+22.1%)	0.5%	$172.02	+222.9%	COM	149123101
MA	MASTERCARD INCORPORATED	149,425 (+1.6%)	$85,304 (+1.9%)	3.6%	$279.85	+99.7%	CL A	57636Q104
JNJ	JOHNSON & JOHNSON	52,957 (+3.8%)	$10,959 (+15.9%)	0.5%	$133.05	+48.1%	COM	478160104
LOW	LOWES COS INC	367,404 (+2.7%)	$88,603 (-1.5%)	3.7%	$148.83	+61.1%	COM	548661107
CSCO	CISCO SYS INC	123,144 (+2.4%)	$9,486 (+15.3%)	0.4%	$41.26	+78.8%	COM	17275R102
IBDU	ISHARES TR	1,837,008 (+3.1%)	$42,995 (+2.9%)	1.8%	$22.91	—	IBONDS DEC 29	46436E205
USB	US BANCORP DEL	149,419 (+6.3%)	$7,973 (+17.3%)	0.3%	$37.25	+30.8%	COM NEW	902973304
ETN	EATON CORP PLC	22,120 (+3.4%)	$7,045 (-12.0%)	0.3%	$127.06	+178.9%	SHS	G29183103
IBTG	ISHARES TR	1,522,715 (+3.0%)	$34,832 (+2.7%)	1.5%	$22.87	—	IBONDS 26 TRM TS	46436E858
IBDT	ISHARES TR	1,391,684 (+2.9%)	$35,425 (+2.6%)	1.5%	$24.96	—	IBDS DEC28 ETF	46435U515
SCHF	SCHWAB STRATEGIC TR	44,049 (+369.4%)	$1,059 (+384.7%)	0.0%	$23.88	—	INTL EQTY ETF	808524805
SBUX	STARBUCKS CORP	774,050 (+1.7%)	$65,183 (+1.2%)	2.7%	$84.77	-0.8%	COM	855244109
IBTQ	ISHARES TR	992,283 (+3.3%)	$25,283 (+3.1%)	1.1%	$25.53	—	IBONDS DEC 2035	46438G422
IBGA	ISHARES TR	1,821,802 (+3.3%)	$45,017 (+1.7%)	1.9%	$24.64	—	IBONDS DEC 2044	46438G638
DG	DOLLAR GEN CORP NEW	8,200 (+142.0%)	$1,089 (+210.9%)	0.0%	$105.98	+5.2%	COM	256677105
COR	CENCORA INC	24,948 (+1.4%)	$8,426 (+9.6%)	0.4%	$90.99	+274.3%	COM	03073E105
IBDW	ISHARES TR	1,549,157 (+2.4%)	$32,765 (+2.0%)	1.4%	$20.39	—	IBONDS DEC 2031	46436E486
KMB	KIMBERLY-CLARK CORP	50,674 (+9.7%)	$5,112 (-11.0%)	0.2%	$109.47	-1.0%	COM	494368103
IBDZ	ISHARES TR	1,262,550 (+2.3%)	$33,293 (+1.9%)	1.4%	$25.44	—	IBONDS DEC 2034	46438G653
IBTP	ISHARES TR	859,319 (+3.2%)	$22,179 (+2.8%)	0.9%	$25.91	—	IBONDS DEC 2034	46438G646
MCD	MCDONALDS CORP	25,297 (+7.3%)	$7,732 (+7.9%)	0.3%	$204.38	+49.3%	COM	580135101
HD	HOME DEPOT INC	3,710 (+105.9%)	$1,277 (+74.8%)	0.1%	$354.55	+2.8%	COM	437076102
IBDY	ISHARES TR	1,022,638 (+2.4%)	$26,732 (+2.0%)	1.1%	$25.44	—	IBONDS DEC 2033	46436E130
T	AT&T INC	262,016 (+5.7%)	$6,508 (-7.0%)	0.3%	$15.97	+58.3%	COM	00206R102
MMM	3M CO	39,925 (+3.3%)	$6,392 (+6.6%)	0.3%	$101.06	+61.5%	COM	88579Y101
EMR	EMERSON ELEC CO	60,494 (+3.9%)	$8,029 (+5.1%)	0.3%	$72.60	+82.3%	COM	291011104
CB	CHUBB LIMITED	6,337 (+11.9%)	$1,978 (+23.7%)	0.1%	$206.56	+41.6%	COM	H1467J104
VTRS	VIATRIS INC	41,422 (+120.7%)	$516 (+177.5%)	0.0%	$10.19	+5.1%	COM	92556V106
META	META PLATFORMS INC	90,918 (+11.8%)	$60,014 (+0.5%)	2.5%	$231.76	+187.9%	CL A	30303M102
LLY	ELI LILLY & CO	839 (+9.1%)	$902 (+53.7%)	0.0%	$785.33	+21.7%	COM	532457108
ASML	ASML HOLDING N V	897 (+34.1%)	$960 (+48.2%)	0.0%	$788.68	—	N Y REGISTRY SHS	N07059210
GMED	GLOBUS MED INC	7,994 (+18.6%)	$698 (+80.8%)	0.0%	$73.22	+3.7%	CL A	379577208
TFLO	ISHARES TR	410,909 (+1.7%)	$20,734 (+1.4%)	0.9%	$50.52	—	TRS FLT RT BD	46434V860
CNC	CENTENE CORP DEL	23,672 (+19.4%)	$974 (+37.7%)	0.0%	$31.38	+19.3%	COM	15135B101
AVGO	BROADCOM INC	7,324 (+4.4%)	$2,535 (+9.6%)	0.1%	$231.85	+54.0%	COM	11135F101
EPD	ENTERPRISE PRODS PARTNERS L	15,490 (+70.0%)	$497 (+74.3%)	0.0%	$26.12	—	COM	293792107
RIO	RIO TINTO PLC	6,479 (+31.1%)	$518 (+59.0%)	0.0%	$70.78	—	SPONSORED ADR	767204100
RBC	RBC BEARINGS INC	2,069 (+9.8%)	$928 (+26.1%)	0.0%	$317.95	+33.2%	COM	75524B104
BAM	BROOKFIELD ASSET MANAGMT LTD	162,090 (+6.4%)	$8,492 (-2.1%)	0.4%	$36.52	+46.4%	CL A LMT VTG SHS	113004105
ED	CONSOLIDATED EDISON INC	5,783 (+46.1%)	$574 (+44.4%)	0.0%	$98.62	+0.2%	COM	209115104
FITB	FIFTH THIRD BANCORP	9,377 (+57.2%)	$439 (+65.2%)	0.0%	$43.26	+0.9%	COM	316773100
FMX	FOMENTO ECONOMICO MEXICANO S	6,398 (+32.9%)	$647 (+36.2%)	0.0%	$110.01	—	SPON ADR UNITS	344419106
CWST	CASELLA WASTE SYS INC	5,802 (+35.0%)	$568 (+39.3%)	0.0%	$102.72	-9.6%	CL A	147448104
TSLA	TESLA INC	4,803 (+6.7%)	$2,160 (+7.9%)	0.1%	$308.08	+43.9%	COM	88160R101
BBVA	BANCO BILBAO VIZCAYA ARGENTA	25,106 (+12.3%)	$585 (+35.9%)	0.0%	$13.25	—	SPONSORED ADR	05946K101
BFAM	BRIGHT HORIZONS FAM SOL IN D	4,213 (+67.8%)	$427 (+56.8%)	0.0%	$112.60	-10.4%	COM	109194100
MFC	MANULIFE FINL CORP	17,881 (+12.2%)	$649 (+30.7%)	0.0%	$26.25	+29.3%	COM	56501R106
MRK	MERCK & CO INC	5,061 (+10.3%)	$533 (+38.3%)	0.0%	$88.40	+5.5%	COM	58933Y105
WMT	WALMART INC	8,299 (+9.5%)	$925 (+18.4%)	0.0%	$69.04	+55.3%	COM	931142103
JPM	JPMORGAN CHASE & CO.	4,248 (+9.3%)	$1,369 (+11.7%)	0.1%	$190.13	+62.8%	COM	46625H100
PG	PROCTER AND GAMBLE CO	57,338 (+9.0%)	$8,217 (+1.7%)	0.3%	$119.53	+23.1%	COM	742718109
XOM	EXXON MOBIL CORP	6,065 (+14.7%)	$730 (+22.4%)	0.0%	$99.86	+15.6%	COM	30231G102
HII	HUNTINGTON INGALLS INDS INC	1,049 (+34.7%)	$357 (+59.1%)	0.0%	$276.03	+12.1%	COM	446413106
NOVT	NOVANTA INC	3,755 (+17.2%)	$447 (+39.2%)	0.0%	$146.43	-22.2%	COM	67000B104
HLN	HALEON PLC	50,815 (+14.3%)	$514 (+28.8%)	0.0%	$9.23	—	SPON ADS	405552100
HDB	HDFC BANK LTD	20,353 (+10.4%)	$744 (+18.1%)	0.0%	$48.55	—	SPONSORED ADS	40415F101
BMY	BRISTOL-MYERS SQUIBB CO	6,620 (+22.8%)	$357 (+46.9%)	0.0%	$47.26	+0.6%	COM	110122108
EXLS	EXLSERVICE HOLDINGS INC	18,982 (+20.3%)	$806 (+16.0%)	0.0%	$38.54	+6.1%	COM	302081104
TXRH	TEXAS ROADHOUSE INC	4,064 (+19.8%)	$675 (+19.6%)	0.0%	$169.65	-0.5%	COM	882681109
GMAB	GENMAB A/S	10,603 (+48.5%)	$327 (+49.2%)	0.0%	$30.71	—	SPONSORED ADS	372303206
AGYS	AGILYSYS INC	3,362 (+20.3%)	$400 (+35.9%)	0.0%	$98.09	+22.7%	COM	00847J105
PLUS	EPLUS INC	3,793 (+18.0%)	$333 (+45.8%)	0.0%	$72.34	+14.0%	COM	294268107
SHEL	SHELL PLC	11,508 (+10.6%)	$846 (+13.7%)	0.0%	$68.16	—	SPON ADS	780259305
BCPC	BALCHEM CORP	3,715 (+18.2%)	$570 (+20.8%)	0.0%	$162.60	-6.7%	COM	057665200
—	WELLS FARGO CO NEW	2,110 (+5.8%)	$2,557 (+3.9%)	0.1%	$1475.35	—	PERP PFD CNV A	949746804
ROAD	CONSTRUCTION PARTNERS INC	7,938 (+31.1%)	$862 (+12.1%)	0.0%	$68.87	+63.4%	COM CL A	21044C107
SPGI	S&P GLOBAL INC	1,052 (+10.9%)	$550 (+19.0%)	0.0%	$493.16	+0.2%	COM	78409V104
RYAAY	RYANAIR HOLDINGS PLC	4,472 (+14.5%)	$323 (+37.3%)	0.0%	$61.74	—	SPONSORED ADR	783513203
ADP	AUTOMATIC DATA PROCESSING IN	1,180 (+60.3%)	$304 (+40.5%)	0.0%	$288.24	-8.1%	COM	053015103
EXPO	EXPONENT INC	7,081 (+21.0%)	$492 (+21.0%)	0.0%	$81.86	-14.4%	COM	30214U102
RGEN	REPLIGEN CORP	1,741 (+16.3%)	$285 (+42.6%)	0.0%	$126.40	+23.9%	COM	759916109
DGII	DIGI INTL INC	6,886 (+17.9%)	$298 (+39.9%)	0.0%	$35.23	+13.7%	COM	253798102
SPXC	SPX TECHNOLOGIES INC	1,959 (+19.1%)	$392 (+27.6%)	0.0%	$175.27	—	COM	78473E103
VZ	VERIZON COMMUNICATIONS INC	161,751 (+6.6%)	$6,588 (-1.3%)	0.3%	$36.36	+11.3%	COM	92343V104
NTES	NETEASE INC	2,772 (+40.6%)	$381 (+27.2%)	0.0%	$135.69	—	SPONSORED ADS	64110W102
KO	COCA COLA CO	9,893 (+6.9%)	$692 (+12.7%)	0.0%	$55.25	+25.6%	COM	191216100
FDX	FEDEX CORP	965 (+12.6%)	$279 (+37.9%)	0.0%	$232.02	+12.7%	COM	31428X106
DCI	DONALDSON INC	3,385 (+23.7%)	$300 (+34.0%)	0.0%	$77.04	+12.2%	COM	257651109
VCEL	VERICEL CORP	8,370 (+16.9%)	$301 (+33.8%)	0.0%	$39.65	-7.3%	COM	92346J108
L	LOEWS CORP	2,836 (+27.1%)	$299 (+33.3%)	0.0%	$96.31	+7.2%	COM	540424108
AMGN	AMGEN INC	868 (+16.2%)	$284 (+34.8%)	0.0%	$290.68	+8.7%	COM	031162100
IBM	INTERNATIONAL BUSINESS MACHS	2,517 (+5.3%)	$746 (+10.6%)	0.0%	$143.33	+108.5%	COM	459200101
BAP	CREDICORP LTD	1,331 (+13.9%)	$382 (+22.7%)	0.0%	$206.23	+28.4%	COM	G2519Y108
MS	MORGAN STANLEY	1,567 (+20.0%)	$278 (+34.0%)	0.0%	$149.78	+11.1%	COM NEW	617446448
ESE	ESCO TECHNOLOGIES INC	3,640 (+19.7%)	$711 (+10.8%)	0.0%	$162.40	+29.7%	COM	296315104
TECH	BIO-TECHNE CORP	5,134 (+19.3%)	$302 (+26.1%)	0.0%	$54.62	+11.2%	COM	09073M104
DSGX	DESCARTES SYS GROUP INC	6,353 (+20.9%)	$557 (+12.5%)	0.0%	$99.15	-9.9%	COM	249906108
TLK	P T TELEKOMUNIKASI INDONESIA	13,262 (+14.5%)	$279 (+28.0%)	0.0%	$17.49	—	SPONSORED ADR	715684106
VTR	VENTAS INC	4,280 (+10.9%)	$331 (+22.6%)	0.0%	$58.25	+28.7%	COM	92276F100
CAG	CONAGRA BRANDS INC	22,635 (+24.8%)	$392 (+17.9%)	0.0%	$22.68	-22.2%	COM	205887102
PH	PARKER-HANNIFIN CORP	383 (+4.4%)	$337 (+21.0%)	0.0%	$646.22	+26.5%	COM	701094104
C	CITIGROUP INC	2,382 (+9.3%)	$278 (+25.6%)	0.0%	$94.92	+9.2%	COM NEW	172967424
ALC	ALCON AG	4,063 (+14.9%)	$320 (+21.5%)	0.0%	$90.06	-14.5%	ORD SHS	H01301128
HRL	HORMEL FOODS CORP	21,632 (+17.2%)	$513 (+12.2%)	0.0%	$28.12	-17.1%	COM	440452100
NVS	NOVARTIS AG	2,009 (+16.1%)	$277 (+24.8%)	0.0%	$129.58	—	SPONSORED ADR	66987V109
BKNG	BOOKING HOLDINGS INC	95 (+11.8%)	$509 (+10.9%)	0.0%	$2479.40	+107.2%	COM	09857L108
KNSL	KINSALE CAP GROUP INC	1,263 (+20.1%)	$494 (+10.4%)	0.0%	$439.47	-7.2%	COM	49714P108
SITE	SITEONE LANDSCAPE SUPPLY INC	3,025 (+17.8%)	$377 (+13.9%)	0.0%	$129.74	-2.4%	COM	82982L103
HQY	HEALTHEQUITY INC	3,963 (+18.1%)	$363 (+14.1%)	0.0%	$99.31	-3.6%	COM	42226A107
DE	DEERE & CO	895 (+9.7%)	$417 (+11.7%)	0.0%	$359.40	+30.1%	COM	244199105
AWK	AMERICAN WTR WKS CO INC NEW	1,980 (+28.2%)	$258 (+20.2%)	0.0%	$134.70	-1.1%	COM	030420103
AX	AXOS FINANCIAL INC	3,015 (+17.6%)	$260 (+19.7%)	0.0%	$86.43	-4.7%	COM	05465C100
BLKB	BLACKBAUD INC	4,905 (+17.7%)	$311 (+15.9%)	0.0%	$62.76	-1.4%	COM	09227Q100
GIS	GENERAL MLS INC	14,014 (+15.7%)	$652 (+6.7%)	0.0%	$50.85	-6.7%	COM	370334104
CERT	CERTARA INC	23,240 (+17.3%)	$205 (-15.4%)	0.0%	$11.03	-6.6%	COM	15687V109
FSV	FIRSTSERVICE CORP NEW	1,843 (+40.5%)	$287 (+14.7%)	0.0%	$184.10	-11.8%	COM	33767E202
TYL	TYLER TECHNOLOGIES INC	733 (+28.6%)	$333 (+11.6%)	0.0%	$545.33	-12.6%	COM	902252105
ALRM	ALARM COM HLDGS INC	5,270 (+17.7%)	$269 (+13.2%)	0.0%	$54.84	-7.0%	COM	011642105
PEP	PEPSICO INC	4,271 (+3.1%)	$613 (+5.3%)	0.0%	$146.64	-0.5%	COM	713448108
DGX	QUEST DIAGNOSTICS INC	1,974 (+20.4%)	$343 (+9.6%)	0.0%	$177.56	+2.5%	COM	74834L100
UNH	UNITEDHEALTH GROUP INC	813 (+17.3%)	$268 (+12.2%)	0.0%	$304.59	+10.7%	COM	91324P102
MELI	MERCADOLIBRE INC	215 (+9.7%)	$433 (-5.5%)	0.0%	$1998.14	+5.1%	COM	58733R102
LMAT	LEMAITRE VASCULAR INC	3,643 (+17.9%)	$295 (+9.2%)	0.0%	$84.22	+2.1%	COM	525558201
LEN	LENNAR CORP	3,368 (+32.0%)	$346 (+7.6%)	0.0%	$122.88	-1.8%	CL A	526057104
ADBE	ADOBE INC	980 (+7.5%)	$343 (+6.6%)	0.0%	$395.72	-14.1%	COM	00724F101
EQR	EQUITY RESIDENTIAL	3,613 (+13.2%)	$228 (+10.2%)	0.0%	$62.48	-2.9%	SH BEN INT	29476L107
IBDS	ISHARES TR	11,950 (+6.7%)	$290 (+6.4%)	0.0%	$24.27	—	IBONDS 27 ETF	46435UAA9
DORM	DORMAN PRODS INC	1,837 (+17.9%)	$226 (-6.8%)	0.0%	$142.16	-5.0%	COM	258278100
ESS	ESSEX PPTY TR INC	1,773 (+5.5%)	$464 (+3.2%)	0.0%	$258.19	-0.7%	COM	297178105
PFE	PFIZER INC	22,045 (+4.9%)	$549 (+2.5%)	0.0%	$23.46	+6.7%	COM	717081103
VVV	VALVOLINE INC	7,942 (+17.3%)	$231 (-5.1%)	0.0%	$34.92	-8.1%	COM	92047W101
AAON	AAON INC	7,635 (+20.0%)	$582 (-2.0%)	0.0%	$89.89	+2.7%	COM PAR $0.004	000360206
VERX	VERTEX INC	11,412 (+18.1%)	$228 (-4.9%)	0.0%	$34.54	-37.4%	CL A	92538J106
ABBV	ABBVIE INC	4,206 (+2.3%)	$961 (+1.0%)	0.0%	$153.32	+48.4%	COM	00287Y109
SONY	SONY GROUP CORP	20,318 (+14.5%)	$520 (+1.8%)	0.0%	$29.56	—	SPONSORED ADR	835699307
DIS	DISNEY WALT CO	4,056 (+2.1%)	$461 (+1.5%)	0.0%	$109.65	-0.1%	COM	254687106
OLLI	OLLIES BARGAIN OUTLET HLDGS	4,221 (+18.8%)	$463 (+1.4%)	0.0%	$109.76	+9.9%	COM	681116109
TXN	TEXAS INSTRS INC	1,565 (+8.2%)	$272 (+2.2%)	0.0%	$190.74	-10.5%	COM	882508104
INTU	INTUIT	879 (+2.2%)	$582 (-0.9%)	0.0%	$674.19	-2.0%	COM	461202103

Exited Positions (25)

ALAB ASTERA LABS INC 0.5%

Value ($000) $12,531 Shares 64,000 Est. Cost $79.01 Unrealized +111.7%

SAP SAP SE 0.0%

Value ($000) $659 Shares 2,467 Est. Cost $229.79 Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value ($000) $487 Shares 811 Est. Cost $600.50 Unrealized —

DHI D R HORTON INC 0.0%

Value ($000) $435 Shares 2,565 Est. Cost $156.63 Unrealized -2.9%

ANET ARISTA NETWORKS INC 0.0%

Value ($000) $354 Shares 2,428 Est. Cost $128.77 Unrealized +6.9%

MO ALTRIA GROUP INC 0.0%

Value ($000) $349 Shares 5,277 Est. Cost $55.95 Unrealized +6.1%

MDLZ MONDELEZ INTL INC 0.0%

Value ($000) $326 Shares 5,214 Est. Cost $64.74 Unrealized -11.9%

BHP BHP GROUP LTD 0.0%

Value ($000) $320 Shares 5,748 Est. Cost $56.59 Unrealized —

TREX TREX CO INC 0.0%

Value ($000) $277 Shares 5,362 Est. Cost $66.14 Unrealized -38.8%

SCHD SCHWAB STRATEGIC TR 0.0%

Value ($000) $276 Shares 10,099 Est. Cost $27.30 Unrealized —

URI UNITED RENTALS INC 0.0%

Value ($000) $242 Shares 253 Est. Cost $888.48 Unrealized -2.4%

CCI CROWN CASTLE INC 0.0%

Value ($000) $234 Shares 2,420 Est. Cost $99.10 Unrealized -8.1%

SPYG SPDR SERIES TRUST 0.0%

Value ($000) $231 Shares 2,209 Est. Cost $104.51 Unrealized —

SBAC SBA COMMUNICATIONS CORP NEW 0.0%

Value ($000) $231 Shares 1,194 Est. Cost $214.69 Unrealized -10.3%

DBEF DBX ETF TR 0.0%

Value ($000) $231 Shares 4,969 Est. Cost $46.42 Unrealized —

FAST FASTENAL CO 0.0%

Value ($000) $227 Shares 4,625 Est. Cost $46.94 Unrealized -10.5%

LMT LOCKHEED MARTIN CORP 0.0%

Value ($000) $225 Shares 451 Est. Cost $361.84 Unrealized +31.6%

— TRI CONTL CORP 0.0%

Value ($000) $221 Shares 6,500 Est. Cost $34.00 Unrealized —

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $216 Shares 2,206 Est. Cost $93.52 Unrealized -3.7%

— KELLANOVA 0.0%

Value ($000) $211 Shares 2,569 Est. Cost $80.06 Unrealized +3.2%

MPC MARATHON PETE CORP 0.0%

Value ($000) $208 Shares 1,078 Est. Cost $174.47 Unrealized +6.8%

IIIV I3 VERTICALS INC 0.0%

Value ($000) $202 Shares 6,209 Est. Cost $30.14 Unrealized -6.6%

MRTN MARTEN TRANS LTD 0.0%

Value ($000) $123 Shares 11,556 Est. Cost $12.05 Unrealized -12.3%

— NUVEEN CALIFORNIA MUNI VLU F 0.0%

Value ($000) $111 Shares 12,500 Est. Cost $8.90 Unrealized —

ECC EAGLE POINT CREDIT COMPANY I 0.0%

Value ($000) $79 Shares 12,000 Est. Cost $8.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALAB	ASTERA LABS INC	64,000	$12,531	0.5%	$79.01	+111.7%	—	04626A103
SAP	SAP SE	2,467	$659	0.0%	$229.79	—	—	803054204
QQQ	INVESCO QQQ TR	811	$487	0.0%	$600.50	—	—	46090E103
DHI	D R HORTON INC	2,565	$435	0.0%	$156.63	-2.9%	—	23331A109
ANET	ARISTA NETWORKS INC	2,428	$354	0.0%	$128.77	+6.9%	—	040413205
MO	ALTRIA GROUP INC	5,277	$349	0.0%	$55.95	+6.1%	—	02209S103
MDLZ	MONDELEZ INTL INC	5,214	$326	0.0%	$64.74	-11.9%	—	609207105
BHP	BHP GROUP LTD	5,748	$320	0.0%	$56.59	—	—	088606108
TREX	TREX CO INC	5,362	$277	0.0%	$66.14	-38.8%	—	89531P105
SCHD	SCHWAB STRATEGIC TR	10,099	$276	0.0%	$27.30	—	—	808524797
URI	UNITED RENTALS INC	253	$242	0.0%	$888.48	-2.4%	—	911363109
CCI	CROWN CASTLE INC	2,420	$234	0.0%	$99.10	-8.1%	—	22822V101
SPYG	SPDR SERIES TRUST	2,209	$231	0.0%	$104.51	—	—	78464A409
SBAC	SBA COMMUNICATIONS CORP NEW	1,194	$231	0.0%	$214.69	-10.3%	—	78410G104
DBEF	DBX ETF TR	4,969	$231	0.0%	$46.42	—	—	233051200
FAST	FASTENAL CO	4,625	$227	0.0%	$46.94	-10.5%	—	311900104
LMT	LOCKHEED MARTIN CORP	451	$225	0.0%	$361.84	+31.6%	—	539830109
—	TRI CONTL CORP	6,500	$221	0.0%	$34.00	—	—	895436103
UBER	UBER TECHNOLOGIES INC	2,206	$216	0.0%	$93.52	-3.7%	—	90353T100
—	KELLANOVA	2,569	$211	0.0%	$80.06	+3.2%	—	487836108
MPC	MARATHON PETE CORP	1,078	$208	0.0%	$174.47	+6.8%	—	56585A102
IIIV	I3 VERTICALS INC	6,209	$202	0.0%	$30.14	-6.6%	—	46571Y107
MRTN	MARTEN TRANS LTD	11,556	$123	0.0%	$12.05	-12.3%	—	573075108
—	NUVEEN CALIFORNIA MUNI VLU F	12,500	$111	0.0%	$8.90	—	—	67062C107
ECC	EAGLE POINT CREDIT COMPANY I	12,000	$79	0.0%	$8.88	—	—	269808101

Decreased Positions (38)

FISV FISERV INC 2.2%

Value ($000) $52,137 (-53.4%) Shares 776,201 (-10.6%) Est. Cost $116.46 Unrealized -28.0%

GOOGL ALPHABET INC 4.5%

Value ($000) $109,164 (+23.5%) Shares 348,766 (-4.0%) Est. Cost $107.40 Unrealized +165.9%

AAPL APPLE INC 1.0%

Value ($000) $24,412 (-30.6%) Shares 89,797 (-35.0%) Est. Cost $201.11 Unrealized +33.4%

CARR CARRIER GLOBAL CORPORATION 2.2%

Value ($000) $52,351 (-13.6%) Shares 990,752 (-2.4%) Est. Cost $60.55 Unrealized -8.3%

TSM TAIWAN SEMICONDUCTOR MFG LTD 7.2%

Value ($000) $171,875 (+4.6%) Shares 565,581 (-3.9%) Est. Cost $93.65 Unrealized —

TGT TARGET CORP 0.0%

Value ($000) $204 (-96.3%) Shares 2,087 (-96.6%) Est. Cost $136.85 Unrealized -33.0%

BAC BANK AMERICA CORP 0.0%

Value ($000) $841 (-70.6%) Shares 15,299 (-72.4%) Est. Cost $42.21 Unrealized +24.8%

ORCL ORACLE CORP 0.0%

Value ($000) $644 (-73.4%) Shares 3,305 (-61.6%) Est. Cost $214.98 Unrealized +10.7%

GOOG ALPHABET INC 0.4%

Value ($000) $10,217 (+17.2%) Shares 32,560 (-9.1%) Est. Cost $161.40 Unrealized +77.4%

NVDA NVIDIA CORPORATION 1.2%

Value ($000) $28,927 (-4.4%) Shares 155,103 (-4.3%) Est. Cost $123.90 Unrealized +50.2%

GE GE AEROSPACE 0.0%

Value ($000) $416 (-49.1%) Shares 1,352 (-50.3%) Est. Cost $272.69 Unrealized +10.3%

LIN LINDE PLC 0.0%

Value ($000) $236 (-58.3%) Shares 554 (-53.5%) Est. Cost $441.53 Unrealized -3.2%

MU MICRON TECHNOLOGY INC 0.0%

Value ($000) $304 (-48.8%) Shares 1,066 (-70.0%) Est. Cost $127.82 Unrealized +79.4%

CPB THE CAMPBELLS COMPANY 0.0%

Value ($000) $354 (-45.0%) Shares 12,684 (-37.7%) Est. Cost $32.98 Unrealized -8.8%

IVV ISHARES TR 0.0%

Value ($000) $1,019 (-20.0%) Shares 1,488 (-21.8%) Est. Cost $515.85 Unrealized —

GEV GE VERNOVA INC 0.0%

Value ($000) $210 (-47.8%) Shares 321 (-50.8%) Est. Cost $605.52 Unrealized +0.6%

HSY HERSHEY CO 0.0%

Value ($000) $303 (-34.8%) Shares 1,665 (-33.0%) Est. Cost $179.65 Unrealized +1.4%

GILD GILEAD SCIENCES INC 0.0%

Value ($000) $227 (-36.1%) Shares 1,848 (-42.3%) Est. Cost $112.28 Unrealized +7.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $4,722 (-2.5%) Shares 9,394 (-2.4%) Est. Cost $164.86 Unrealized +201.8%

AMT AMERICAN TOWER CORP NEW 0.0%

Value ($000) $292 (-27.8%) Shares 1,661 (-20.9%) Est. Cost $207.33 Unrealized -13.0%

SYY SYSCO CORP 0.0%

Value ($000) $659 (-13.8%) Shares 8,937 (-3.7%) Est. Cost $54.53 Unrealized +38.5%

SO SOUTHERN CO 0.0%

Value ($000) $662 (-11.0%) Shares 7,597 (-3.3%) Est. Cost $64.29 Unrealized +41.4%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $410 (-16.3%) Shares 476 (-10.2%) Est. Cost $865.42 Unrealized +4.7%

— BANK AMERICA CORP 0.1%

Value ($000) $2,028 (-3.8%) Shares 1,620 (-1.6%) Est. Cost $1445.51 Unrealized —

ONTO ONTO INNOVATION INC 0.0%

Value ($000) $541 (+14.8%) Shares 3,424 (-6.0%) Est. Cost $153.49 Unrealized -7.5%

LH LABCORP HOLDINGS INC 0.0%

Value ($000) $223 (-20.4%) Shares 887 (-8.9%) Est. Cost $246.51 Unrealized +7.6%

ABT ABBOTT LABS 0.0%

Value ($000) $333 (-12.9%) Shares 2,656 (-6.9%) Est. Cost $130.60 Unrealized -2.5%

CVX CHEVRON CORP NEW 0.0%

Value ($000) $555 (-7.4%) Shares 3,640 (-5.7%) Est. Cost $137.05 Unrealized +10.5%

QCOM QUALCOMM INC 0.0%

Value ($000) $880 (-4.0%) Shares 5,142 (-6.7%) Est. Cost $144.44 Unrealized +18.2%

KHC KRAFT HEINZ CO 0.0%

Value ($000) $281 (-8.8%) Shares 11,579 (-2.0%) Est. Cost $28.07 Unrealized -12.3%

AIG AMERICAN INTL GROUP INC 0.0%

Value ($000) $342 (+5.8%) Shares 3,998 (-2.9%) Est. Cost $79.11 Unrealized +0.7%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $470 (+3.4%) Shares 5,854 (-2.8%) Est. Cost $73.84 Unrealized +11.7%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $351 (+3.4%) Shares 400 (-6.3%) Est. Cost $734.84 Unrealized +10.7%

IBDR ISHARES TR 0.0%

Value ($000) $280 (-3.1%) Shares 11,568 (-2.8%) Est. Cost $24.25 Unrealized —

GWW WW GRAINGER INC 0.0%

Value ($000) $242 (-3.4%) Shares 240 (-8.7%) Est. Cost $521.72 Unrealized +85.7%

F FORD MTR CO 0.0%

Value ($000) $185 (+2.4%) Shares 14,110 (-6.7%) Est. Cost $11.33 Unrealized +13.3%

BIIB BIOGEN INC 0.0%

Value ($000) $844 (-0.3%) Shares 4,794 (-20.7%) Est. Cost $130.54 Unrealized +25.2%

MDT MEDTRONIC PLC 0.0%

Value ($000) $260 (-0.8%) Shares 2,707 (-1.7%) Est. Cost $87.98 Unrealized +10.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	776,201 (-10.6%)	$52,137 (-53.4%)	2.2%	$116.46	-28.0%	COM	337738108
GOOGL	ALPHABET INC	348,766 (-4.0%)	$109,164 (+23.5%)	4.5%	$107.40	+165.9%	CAP STK CL A	02079K305
AAPL	APPLE INC	89,797 (-35.0%)	$24,412 (-30.6%)	1.0%	$201.11	+33.4%	COM	037833100
CARR	CARRIER GLOBAL CORPORATION	990,752 (-2.4%)	$52,351 (-13.6%)	2.2%	$60.55	-8.3%	COM	14448C104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	565,581 (-3.9%)	$171,875 (+4.6%)	7.2%	$93.65	—	SPONSORED ADS	874039100
TGT	TARGET CORP	2,087 (-96.6%)	$204 (-96.3%)	0.0%	$136.85	-33.0%	COM	87612E106
BAC	BANK AMERICA CORP	15,299 (-72.4%)	$841 (-70.6%)	0.0%	$42.21	+24.8%	COM	060505104
ORCL	ORACLE CORP	3,305 (-61.6%)	$644 (-73.4%)	0.0%	$214.98	+10.7%	COM	68389X105
GOOG	ALPHABET INC	32,560 (-9.1%)	$10,217 (+17.2%)	0.4%	$161.40	+77.4%	CAP STK CL C	02079K107
NVDA	NVIDIA CORPORATION	155,103 (-4.3%)	$28,927 (-4.4%)	1.2%	$123.90	+50.2%	COM	67066G104
GE	GE AEROSPACE	1,352 (-50.3%)	$416 (-49.1%)	0.0%	$272.69	+10.3%	COM NEW	369604301
LIN	LINDE PLC	554 (-53.5%)	$236 (-58.3%)	0.0%	$441.53	-3.2%	SHS	G54950103
MU	MICRON TECHNOLOGY INC	1,066 (-70.0%)	$304 (-48.8%)	0.0%	$127.82	+79.4%	COM	595112103
CPB	THE CAMPBELLS COMPANY	12,684 (-37.7%)	$354 (-45.0%)	0.0%	$32.98	-8.8%	COM	134429109
IVV	ISHARES TR	1,488 (-21.8%)	$1,019 (-20.0%)	0.0%	$515.85	—	CORE S&P500 ETF	464287200
GEV	GE VERNOVA INC	321 (-50.8%)	$210 (-47.8%)	0.0%	$605.52	+0.6%	COM	36828A101
HSY	HERSHEY CO	1,665 (-33.0%)	$303 (-34.8%)	0.0%	$179.65	+1.4%	COM	427866108
GILD	GILEAD SCIENCES INC	1,848 (-42.3%)	$227 (-36.1%)	0.0%	$112.28	+7.7%	COM	375558103
BRK/B	BERKSHIRE HATHAWAY INC DEL	9,394 (-2.4%)	$4,722 (-2.5%)	0.2%	$164.86	+201.8%	CL B NEW	084670702
AMT	AMERICAN TOWER CORP NEW	1,661 (-20.9%)	$292 (-27.8%)	0.0%	$207.33	-13.0%	COM	03027X100
SYY	SYSCO CORP	8,937 (-3.7%)	$659 (-13.8%)	0.0%	$54.53	+38.5%	COM	871829107
SO	SOUTHERN CO	7,597 (-3.3%)	$662 (-11.0%)	0.0%	$64.29	+41.4%	COM	842587107
COST	COSTCO WHSL CORP NEW	476 (-10.2%)	$410 (-16.3%)	0.0%	$865.42	+4.7%	COM	22160K105
—	BANK AMERICA CORP	1,620 (-1.6%)	$2,028 (-3.8%)	0.1%	$1445.51	—	7.25%CNV PFD L	060505682
ONTO	ONTO INNOVATION INC	3,424 (-6.0%)	$541 (+14.8%)	0.0%	$153.49	-7.5%	COM	683344105
LH	LABCORP HOLDINGS INC	887 (-8.9%)	$223 (-20.4%)	0.0%	$246.51	+7.6%	COM SHS	504922105
ABT	ABBOTT LABS	2,656 (-6.9%)	$333 (-12.9%)	0.0%	$130.60	-2.5%	COM	002824100
CVX	CHEVRON CORP NEW	3,640 (-5.7%)	$555 (-7.4%)	0.0%	$137.05	+10.5%	COM	166764100
QCOM	QUALCOMM INC	5,142 (-6.7%)	$880 (-4.0%)	0.0%	$144.44	+18.2%	COM	747525103
KHC	KRAFT HEINZ CO	11,579 (-2.0%)	$281 (-8.8%)	0.0%	$28.07	-12.3%	COM	500754106
AIG	AMERICAN INTL GROUP INC	3,998 (-2.9%)	$342 (+5.8%)	0.0%	$79.11	+0.7%	COM NEW	026874784
NEE	NEXTERA ENERGY INC	5,854 (-2.8%)	$470 (+3.4%)	0.0%	$73.84	+11.7%	COM	65339F101
GS	GOLDMAN SACHS GROUP INC	400 (-6.3%)	$351 (+3.4%)	0.0%	$734.84	+10.7%	COM	38141G104
IBDR	ISHARES TR	11,568 (-2.8%)	$280 (-3.1%)	0.0%	$24.25	—	IBONDS DEC2026	46435GAA0
GWW	WW GRAINGER INC	240 (-8.7%)	$242 (-3.4%)	0.0%	$521.72	+85.7%	COM	384802104
F	FORD MTR CO	14,110 (-6.7%)	$185 (+2.4%)	0.0%	$11.33	+13.3%	COM	345370860
BIIB	BIOGEN INC	4,794 (-20.7%)	$844 (-0.3%)	0.0%	$130.54	+25.2%	COM	09062X103
MDT	MEDTRONIC PLC	2,707 (-1.7%)	$260 (-0.8%)	0.0%	$87.98	+10.4%	SHS	G5960L103

Unchanged Positions (21)

TMO THERMO FISHER SCIENTIFIC INC 3.4%

Value ($000) $81,406 Shares 140,488 Est. Cost $418.05 Unrealized +35.2%

ULTA ULTA BEAUTY INC 5.1%

Value ($000) $122,735 Shares 202,865 Est. Cost $409.39 Unrealized +34.3%

ROST ROSS STORES INC 3.3%

Value ($000) $78,204 Shares 434,127 Est. Cost $108.95 Unrealized +52.9%

WFC WELLS FARGO CO NEW 3.5%

Value ($000) $84,498 Shares 906,631 Est. Cost $33.87 Unrealized +155.8%

AMZN AMAZON COM INC 4.9%

Value ($000) $116,433 Shares 504,434 Est. Cost $121.99 Unrealized +87.5%

A AGILENT TECHNOLOGIES INC 3.5%

Value ($000) $84,841 Shares 623,513 Est. Cost $111.11 Unrealized +29.4%

STIP ISHARES TR 1.5%

Value ($000) $35,607 Shares 347,762 Est. Cost $96.70 Unrealized —

GXO GXO LOGISTICS INCORPORATED 2.0%

Value ($000) $47,091 Shares 894,593 Est. Cost $48.33 Unrealized +8.7%

EFA ISHARES TR 0.1%

Value ($000) $1,960 Shares 20,413 Est. Cost $93.37 Unrealized —

BLK BLACKROCK INC 0.0%

Value ($000) $653 Shares 610 Est. Cost $999.35 Unrealized +9.0%

EOG EOG RES INC 0.0%

Value ($000) $500 Shares 4,759 Est. Cost $90.33 Unrealized +18.7%

— PIMCO DYNAMIC INCOME FD 0.0%

Value ($000) $213 Shares 12,000 Est. Cost $17.95 Unrealized —

DEO DIAGEO PLC 0.0%

Value ($000) $231 Shares 2,675 Est. Cost $216.61 Unrealized —

UNP UNION PAC CORP 0.1%

Value ($000) $1,488 Shares 6,435 Est. Cost $214.07 Unrealized +6.2%

— XAI OCTAGN FLT RAT & ALT INM 0.0%

Value ($000) $120 Shares 25,000 Est. Cost $5.91 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value ($000) $355 Shares 1,996 Est. Cost $162.07 Unrealized +11.7%

TIP ISHARES TR 0.0%

Value ($000) $638 Shares 5,805 Est. Cost $115.04 Unrealized —

XAWPX ABRDN GLOBAL PREMIER PPTYS F 0.0%

Value ($000) $65 Shares 17,000 Est. Cost $3.88 Unrealized —

VTEC VANGUARD CALIF TAX FREE FDS 0.0%

Value ($000) $354 Shares 3,527 Est. Cost $99.77 Unrealized —

VGUS VANGUARD INSTL INDEX FD 0.0%

Value ($000) $249 Shares 3,303 Est. Cost $75.66 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $755 Shares 1 Est. Cost $729330.75 Unrealized +2.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TMO	THERMO FISHER SCIENTIFIC INC	140,488	$81,406	3.4%	$418.05	+35.2%	COM	883556102
ULTA	ULTA BEAUTY INC	202,865	$122,735	5.1%	$409.39	+34.3%	COM	90384S303
ROST	ROSS STORES INC	434,127	$78,204	3.3%	$108.95	+52.9%	COM	778296103
WFC	WELLS FARGO CO NEW	906,631	$84,498	3.5%	$33.87	+155.8%	COM	949746101
AMZN	AMAZON COM INC	504,434	$116,433	4.9%	$121.99	+87.5%	COM	023135106
A	AGILENT TECHNOLOGIES INC	623,513	$84,841	3.5%	$111.11	+29.4%	COM	00846U101
STIP	ISHARES TR	347,762	$35,607	1.5%	$96.70	—	0-5 YR TIPS ETF	46429B747
GXO	GXO LOGISTICS INCORPORATED	894,593	$47,091	2.0%	$48.33	+8.7%	COMMON STOCK	36262G101
EFA	ISHARES TR	20,413	$1,960	0.1%	$93.37	—	MSCI EAFE ETF	464287465
BLK	BLACKROCK INC	610	$653	0.0%	$999.35	+9.0%	COM	09290D101
EOG	EOG RES INC	4,759	$500	0.0%	$90.33	+18.7%	COM	26875P101
—	PIMCO DYNAMIC INCOME FD	12,000	$213	0.0%	$17.95	—	SHS	72201Y101
DEO	DIAGEO PLC	2,675	$231	0.0%	$216.61	—	SPON ADR NEW	25243Q205
UNP	UNION PAC CORP	6,435	$1,488	0.1%	$214.07	+6.2%	COM	907818108
—	XAI OCTAGN FLT RAT & ALT INM	25,000	$120	0.0%	$5.91	—	COM	98400T106
PLTR	PALANTIR TECHNOLOGIES INC	1,996	$355	0.0%	$162.07	+11.7%	CL A	69608A108
TIP	ISHARES TR	5,805	$638	0.0%	$115.04	—	TIPS BD ETF	464287176
XAWPX	ABRDN GLOBAL PREMIER PPTYS F	17,000	$65	0.0%	$3.88	—	COM SH BEN INT	00302L108
VTEC	VANGUARD CALIF TAX FREE FDS	3,527	$354	0.0%	$99.77	—	TAX EXEMPT BD FD	922021605
VGUS	VANGUARD INSTL INDEX FD	3,303	$249	0.0%	$75.66	—	ULTRA-SHORT TREA	922040852
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$755	0.0%	$729330.75	+2.3%	CL A	084670108