Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
DECK	DECKERS OUTDOOR CORP	67,075	$5.241M	0.7%	$78.14	$92.23	-15.3%	COM	243537107
MCD	MCDONALDS CORP	10,450	$2.413M	0.3%	$230.94	$263.21	-12.3%	COM	580135101
NKE	NIKE INC	57,600	$2.039M	0.3%	$35.40	$40.15	-11.8%	CL B	654106103
DKS	DICKS SPORTING GOODS INC	13,400	$1.799M	0.2%	$134.29	$176.29	-23.8%	COM	253393102
MIDD	MIDDLEBY CORP	17,350	$1.797M	0.2%	$103.58	$123.48	-16.1%	COM	596278101
LMB	LIMBACH HLDGS INC	34,135	$1.67M	0.2%	$48.93	$57.57	-15.0%	COM	53263P105
QXO	QXO INC	114,875	$1.343M	0.2%	$11.69	$13.75	-15.0%	COM NEW	82846H405
POOL	POOL CORP	7,325	$1.186M	0.2%	$161.87	$189.16	-14.4%	COM	73278L105
REF	REFORMATION INC	91,000	$1.096M	0.1%	$12.04	$14.48	-16.9%	COM	75867H106
SYK	STRYKER CORPORATION	3,050	$840K	0.1%	$275.39	$315.04	-12.6%	COM	863667101
EYE	NATIONAL VISION HLDGS INC	41,545	$681K	0.1%	$16.38	$18.97	-13.6%	COM	63845R107
XOM	EXXONMOBIL HOLDINGS CORP	2,316	$377K	0.0%	$162.75	$162.75	—	COM SHS	30233Q108
COIN	COINBASE GLOBAL INC	1,000	$186K	0.0%	$186.41	$169.86	+9.7%	COM CL A	19260Q107
CTSO	CYTOSORBENTS CORP	39,526	$154K	0.0%	$3.90	$3.90	—	COMMON STOCK	23283X305
MBGL	MOBILITY GLOBAL INC	8,535	$146K	0.0%	$17.15	$20.11	-14.7%	COM SHS	60744M106
ORN	ORION GROUP HLDGS INC	10,515	$89,903	0.0%	$8.55	$10.59	-19.2%	COM	68628V308

Increased Positions (37)

DBD DIEBOLD NIXDORF INC 4.3%

Value $32.54M (-18.4%) Shares 531,510 (+13.3%) Share Price $61.22 Est. Cost/Share $41.27 Unrealized @ Report Date +48.3%

QDEL QUIDELORTHO CORP 0.8%

Value $6.139M (-37.5%) Shares 582,464 (+3.9%) Share Price $10.54 Est. Cost/Share $27.17 Unrealized @ Report Date -61.2%

CHDN CHURCHILL DOWNS INC 1.7%

Value $12.66M (+36.8%) Shares 167,256 (+62.0%) Share Price $75.68 Est. Cost/Share $90.46 Unrealized @ Report Date -16.3%

NATR NATURES SUNSHINE PRODS INC 0.3%

Value $2.278M (+560.4%) Shares 179,509 (+1034.4%) Share Price $12.69 Est. Cost/Share $16.71 Unrealized @ Report Date -24.1%

LOPE GRAND CANYON ED INC 1.3%

Value $10.11M (+22.8%) Shares 66,715 (+15.9%) Share Price $151.59 Est. Cost/Share $117.25 Unrealized @ Report Date +29.3%

GNRC GENERAC HLDGS INC 0.7%

Value $5.472M (-23.6%) Shares 26,440 (+8.1%) Share Price $206.95 Est. Cost/Share $135.31 Unrealized @ Report Date +52.9%

ENS ENERSYS 1.1%

Value $8.734M (-15.8%) Shares 47,590 (+7.3%) Share Price $183.53 Est. Cost/Share $83.86 Unrealized @ Report Date +118.8%

SAM BOSTON BEER INC 0.2%

Value $1.84M (+394.8%) Shares 11,216 (+434.1%) Share Price $164.02 Est. Cost/Share $182.09 Unrealized @ Report Date -9.9%

BWMN BOWMAN CONSULTING GROUP LTD 0.2%

Value $1.829M (+250.7%) Shares 42,900 (+140.1%) Share Price $42.64 Est. Cost/Share $34.12 Unrealized @ Report Date +25.0%

EXP EAGLE MATLS INC 0.9%

Value $7.166M (-14.6%) Shares 41,900 (+12.3%) Share Price $171.02 Est. Cost/Share $120.81 Unrealized @ Report Date +41.6%

ROCK GIBRALTAR INDS INC 0.3%

Value $2.55M (+69.6%) Shares 64,400 (+93.1%) Share Price $39.60 Est. Cost/Share $41.92 Unrealized @ Report Date -5.5%

SLGN SILGAN HLDGS INC 0.4%

Value $2.832M (+48.0%) Shares 81,500 (+97.6%) Share Price $34.75 Est. Cost/Share $44.67 Unrealized @ Report Date -22.2%

JYNT JOINT CORP 0.9%

Value $7.001M (-11.0%) Shares 946,045 (+5.6%) Share Price $7.40 Est. Cost/Share $11.77 Unrealized @ Report Date -37.1%

HCC WARRIOR MET COAL INC 0.8%

Value $6.051M (+12.1%) Shares 68,707 (+3.3%) Share Price $88.07 Est. Cost/Share $82.60 Unrealized @ Report Date +6.6%

GNTX GENTEX CORP 0.1%

Value $974K (+184.4%) Shares 44,800 (+230.6%) Share Price $21.74 Est. Cost/Share $23.43 Unrealized @ Report Date -7.2%

NPKI NPK INTERNATIONAL INC 0.3%

Value $2.069M (-20.8%) Shares 181,200 (+10.3%) Share Price $11.42 Est. Cost/Share $7.36 Unrealized @ Report Date +55.2%

ELMT ELMET GROUP CO (THE) 0.3%

Value $2.655M (+24.3%) Shares 133,036 (+22.9%) Share Price $19.96 Est. Cost/Share $17.15 Unrealized @ Report Date +16.4%

MZTI MARZETTI COMPANY 0.3%

Value $2.051M (+33.3%) Shares 20,675 (+53.4%) Share Price $99.19 Est. Cost/Share $124.08 Unrealized @ Report Date -20.1%

NSC NORFOLK SOUTHN CORP 2.3%

Value $17.84M (+2.9%) Shares 57,730 (+4.8%) Share Price $309.00 Est. Cost/Share $189.13 Unrealized @ Report Date +63.4%

TNC TENNANT CO 0.1%

Value $948K (+89.9%) Shares 14,100 (+147.4%) Share Price $67.22 Est. Cost/Share $75.34 Unrealized @ Report Date -10.8%

ELAN ELANCO ANIMAL HEALTH INC 0.6%

Value $4.736M (-8.0%) Shares 211,525 (+1.1%) Share Price $22.39 Est. Cost/Share $13.56 Unrealized @ Report Date +65.1%

MP MP MATERIALS CORP 0.7%

Value $5.545M (-5.3%) Shares 117,245 (+12.2%) Share Price $47.29 Est. Cost/Share $25.06 Unrealized @ Report Date +88.7%

ALGN ALIGN TECHNOLOGY INC 0.4%

Value $2.892M (+10.3%) Shares 19,900 (+28.0%) Share Price $145.35 Est. Cost/Share $164.09 Unrealized @ Report Date -11.4%

OSIS OSI SYSTEMS INC 0.1%

Value $714K (+57.4%) Shares 3,675 (+77.1%) Share Price $194.37 Est. Cost/Share $231.09 Unrealized @ Report Date -15.9%

PRDO PERDOCEO ED CORP 0.5%

Value $4.133M (+6.1%) Shares 133,575 (+9.8%) Share Price $30.94 Est. Cost/Share $33.40 Unrealized @ Report Date -7.4%

HLMN HILLMAN SOLUTIONS CORP 0.6%

Value $4.643M (-4.5%) Shares 664,200 (+15.4%) Share Price $6.99 Est. Cost/Share $8.46 Unrealized @ Report Date -17.4%

ATRO ASTRONICS CORP 0.3%

Value $1.962M (+11.8%) Shares 29,100 (+34.7%) Share Price $67.42 Est. Cost/Share $31.99 Unrealized @ Report Date +110.8%

HLLY HOLLEY INC 0.3%

Value $2.578M (-5.5%) Shares 1,092,212 (+2.1%) Share Price $2.36 Est. Cost/Share $5.05 Unrealized @ Report Date -53.3%

MHK MOHAWK INDS INC 0.1%

Value $948K (+17.5%) Shares 7,600 (+14.3%) Share Price $124.72 Est. Cost/Share $116.27 Unrealized @ Report Date +7.3%

GBX GREENBRIER COS INC 0.1%

Value $763K (-15.6%) Shares 19,040 (+3.3%) Share Price $40.07 Est. Cost/Share $31.71 Unrealized @ Report Date +26.4%

XRAY DENTSPLY SIRONA INC 0.2%

Value $1.764M (-6.0%) Shares 199,150 (+12.6%) Share Price $8.86 Est. Cost/Share $11.71 Unrealized @ Report Date -24.4%

BC BRUNSWICK CORP 0.2%

Value $1.147M (-7.1%) Shares 17,850 (+21.8%) Share Price $64.24 Est. Cost/Share $69.63 Unrealized @ Report Date -7.7%

GLOO GLOO HOLDINGS INC 0.1%

Value $539K (+15.8%) Shares 126,000 (+23.1%) Share Price $4.28 Est. Cost/Share $6.03 Unrealized @ Report Date -29.0%

DEC DIVERSIFIED ENERGY CO 0.3%

Value $2.199M (+2.0%) Shares 164,500 (+5.8%) Share Price $13.37 Est. Cost/Share $14.82 Unrealized @ Report Date -9.8%

GATX GATX CORP 0.1%

Value $622K (+4.5%) Shares 3,660 (+8.9%) Share Price $170.02 Est. Cost/Share $96.53 Unrealized @ Report Date +76.1%

GENK GEN RESTAURENT GROUP 0.0%

Value $326K (-6.1%) Shares 202,733 (+14.9%) Share Price $1.61 Est. Cost/Share $6.55 Unrealized @ Report Date -75.4%

CCI CROWN CASTLE INC 2.8%

Value $21.13M (-0.0%) Shares 317,010 (+13.6%) Share Price $66.65 Est. Cost/Share $68.57 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
DBD	DIEBOLD NIXDORF INC	531,510 (+13.3%)	$32.54M (-18.4%)	4.3%	$61.22	$41.27	+48.3%	COM SHS	253651202
QDEL	QUIDELORTHO CORP	582,464 (+3.9%)	$6.139M (-37.5%)	0.8%	$10.54	$27.17	-61.2%	COM	219798105
CHDN	CHURCHILL DOWNS INC	167,256 (+62.0%)	$12.66M (+36.8%)	1.7%	$75.68	$90.46	-16.3%	COM	171484108
NATR	NATURES SUNSHINE PRODS INC	179,509 (+1034.4%)	$2.278M (+560.4%)	0.3%	$12.69	$16.71	-24.1%	COM	639027101
LOPE	GRAND CANYON ED INC	66,715 (+15.9%)	$10.11M (+22.8%)	1.3%	$151.59	$117.25	+29.3%	COM	38526M106
GNRC	GENERAC HLDGS INC	26,440 (+8.1%)	$5.472M (-23.6%)	0.7%	$206.95	$135.31	+52.9%	COM	368736104
ENS	ENERSYS	47,590 (+7.3%)	$8.734M (-15.8%)	1.1%	$183.53	$83.86	+118.8%	COM	29275Y102
SAM	BOSTON BEER INC	11,216 (+434.1%)	$1.84M (+394.8%)	0.2%	$164.02	$182.09	-9.9%	CL A	100557107
BWMN	BOWMAN CONSULTING GROUP LTD	42,900 (+140.1%)	$1.829M (+250.7%)	0.2%	$42.64	$34.12	+25.0%	COM	103002101
EXP	EAGLE MATLS INC	41,900 (+12.3%)	$7.166M (-14.6%)	0.9%	$171.02	$120.81	+41.6%	COM	26969P108
ROCK	GIBRALTAR INDS INC	64,400 (+93.1%)	$2.55M (+69.6%)	0.3%	$39.60	$41.92	-5.5%	COM	374689107
SLGN	SILGAN HLDGS INC	81,500 (+97.6%)	$2.832M (+48.0%)	0.4%	$34.75	$44.67	-22.2%	COM	827048109
JYNT	JOINT CORP	946,045 (+5.6%)	$7.001M (-11.0%)	0.9%	$7.40	$11.77	-37.1%	COM	47973J102
HCC	WARRIOR MET COAL INC	68,707 (+3.3%)	$6.051M (+12.1%)	0.8%	$88.07	$82.60	+6.6%	COM	93627C101
GNTX	GENTEX CORP	44,800 (+230.6%)	$974K (+184.4%)	0.1%	$21.74	$23.43	-7.2%	COM	371901109
NPKI	NPK INTERNATIONAL INC	181,200 (+10.3%)	$2.069M (-20.8%)	0.3%	$11.42	$7.36	+55.2%	COM SHS	651718504
ELMT	ELMET GROUP CO (THE)	133,036 (+22.9%)	$2.655M (+24.3%)	0.3%	$19.96	$17.15	+16.4%	COMMON STOCK	289395105
MZTI	MARZETTI COMPANY	20,675 (+53.4%)	$2.051M (+33.3%)	0.3%	$99.19	$124.08	-20.1%	COM	513847103
NSC	NORFOLK SOUTHN CORP	57,730 (+4.8%)	$17.84M (+2.9%)	2.3%	$309.00	$189.13	+63.4%	COM	655844108
TNC	TENNANT CO	14,100 (+147.4%)	$948K (+89.9%)	0.1%	$67.22	$75.34	-10.8%	COM	880345103
ELAN	ELANCO ANIMAL HEALTH INC	211,525 (+1.1%)	$4.736M (-8.0%)	0.6%	$22.39	$13.56	+65.1%	COM	28414H103
MP	MP MATERIALS CORP	117,245 (+12.2%)	$5.545M (-5.3%)	0.7%	$47.29	$25.06	+88.7%	COM CL A	553368101
ALGN	ALIGN TECHNOLOGY INC	19,900 (+28.0%)	$2.892M (+10.3%)	0.4%	$145.35	$164.09	-11.4%	COM	016255101
OSIS	OSI SYSTEMS INC	3,675 (+77.1%)	$714K (+57.4%)	0.1%	$194.37	$231.09	-15.9%	COM	671044105
PRDO	PERDOCEO ED CORP	133,575 (+9.8%)	$4.133M (+6.1%)	0.5%	$30.94	$33.40	-7.4%	COM	71363P106
HLMN	HILLMAN SOLUTIONS CORP	664,200 (+15.4%)	$4.643M (-4.5%)	0.6%	$6.99	$8.46	-17.4%	COM	431636109
ATRO	ASTRONICS CORP	29,100 (+34.7%)	$1.962M (+11.8%)	0.3%	$67.42	$31.99	+110.8%	COM	046433108
HLLY	HOLLEY INC	1,092,212 (+2.1%)	$2.578M (-5.5%)	0.3%	$2.36	$5.05	-53.3%	COM	43538H103
MHK	MOHAWK INDS INC	7,600 (+14.3%)	$948K (+17.5%)	0.1%	$124.72	$116.27	+7.3%	COM	608190104
GBX	GREENBRIER COS INC	19,040 (+3.3%)	$763K (-15.6%)	0.1%	$40.07	$31.71	+26.4%	COM	393657101
XRAY	DENTSPLY SIRONA INC	199,150 (+12.6%)	$1.764M (-6.0%)	0.2%	$8.86	$11.71	-24.4%	COM	24906P109
BC	BRUNSWICK CORP	17,850 (+21.8%)	$1.147M (-7.1%)	0.2%	$64.24	$69.63	-7.7%	COM	117043109
GLOO	GLOO HOLDINGS INC	126,000 (+23.1%)	$539K (+15.8%)	0.1%	$4.28	$6.03	-29.0%	CL A	379598105
DEC	DIVERSIFIED ENERGY CO	164,500 (+5.8%)	$2.199M (+2.0%)	0.3%	$13.37	$14.82	-9.8%	COMMON STOCK	25520W107
GATX	GATX CORP	3,660 (+8.9%)	$622K (+4.5%)	0.1%	$170.02	$96.53	+76.1%	COM	361448103
GENK	GEN RESTAURENT GROUP	202,733 (+14.9%)	$326K (-6.1%)	0.0%	$1.61	$6.55	-75.4%	CL A COM	36870C104
CCI	CROWN CASTLE INC	317,010 (+13.6%)	$21.13M (-0.0%)	2.8%	$66.65	$68.57	—	COM	22822V101

Exited Positions (18)

BIO BIO RAD LABS INC 0.3%

Value $2.121M Shares 7,225 Share Price $293.61 * Est. Cost/Share $270.49 Unrealized @ Report Date +39.6%

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value $2.018M Shares 4,025 Share Price $501.36 * Est. Cost/Share $539.47 Unrealized @ Report Date +25.1%

CSGP COSTAR GROUP INC 0.2%

Value $1.477M Shares 52,150 Share Price $28.32 * Est. Cost/Share $51.39 Unrealized @ Report Date -46.7%

FDS FACTSET RESH SYS INC 0.2%

Value $1.219M Shares 5,300 Share Price $230.08 * Est. Cost/Share $232.90 Unrealized @ Report Date +15.9%

MBLY MOBILEYE GLOBAL INC 0.1%

Value $980K Shares 101,200 Share Price $9.68 * Est. Cost/Share $14.55 Unrealized @ Report Date -49.2%

MTW MANITOWOC CO INC 0.1%

Value $940K Shares 67,653 Share Price $13.89 * Est. Cost/Share $11.75 Unrealized @ Report Date +82.6%

UNH UNITEDHEALTH GROUP INC 0.1%

Value $707K Shares 1,700 Share Price $415.63 * Est. Cost/Share $332.37 Unrealized @ Report Date +10.4%

CME CME GROUP INC 0.1%

Value $696K Shares 3,150 Share Price $220.83 * Est. Cost/Share $276.63 Unrealized @ Report Date -5.3%

CTSO CYTOSORBENTS CORP 0.1%

Value $453K Shares 1,211,400 Share Price $0.37 * Est. Cost/Share $4.80 Unrealized @ Report Date +10.9%

JKHY HENRY JACK & ASSOC INC 0.1%

Value $434K Shares 3,150 Share Price $137.74 * Est. Cost/Share $141.91 Unrealized @ Report Date +0.9%

NVDA NVIDIA CORPORATION 0.1%

Value $400K Shares 2,000 Share Price $200.09 * Est. Cost/Share $194.59 Unrealized @ Report Date +17.4%

FTK FLOTEK INDUSTRIES INC 0.1%

Value $393K Shares 16,700 Share Price $23.52 * Est. Cost/Share $19.35 Unrealized @ Report Date +51.5%

TWIN TWIN DISC INC 0.1%

Value $385K Shares 16,595 Share Price $23.20 * Est. Cost/Share $10.14 Unrealized @ Report Date +158.3%

VLO VALERO ENERGY CORP 0.0%

Value $339K Shares 1,300 Share Price $260.44 * Est. Cost/Share $129.14 Unrealized @ Report Date +200.1%

XOM EXXON MOBIL CORP 0.0%

Value $317K Shares 2,316 Share Price $136.72 * Est. Cost/Share $110.09 Unrealized @ Report Date +47.8%

ICE INTERCONTINENTAL EXCHANGE IN 0.0%

Value $265K Shares 2,150 Share Price $123.11 * Est. Cost/Share $150.06 Unrealized @ Report Date +1.3%

QRHC QUEST RESOURCE HLDG CORP 0.0%

Value $139K Shares 110,602 Share Price $1.26 * Est. Cost/Share $4.17 Unrealized @ Report Date -67.4%

MSTR STRATEGY INC 0.0%

Value $86,930 Shares 1,000 Share Price $86.93 * Est. Cost/Share $145.16 Unrealized @ Report Date +5.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BIO	BIO RAD LABS INC	7,225	$2.121M	0.3%	$293.61 *	$270.49	+39.6%	—	090572207
TMO	THERMO FISHER SCIENTIFIC INC	4,025	$2.018M	0.3%	$501.36 *	$539.47	+25.1%	—	883556102
CSGP	COSTAR GROUP INC	52,150	$1.477M	0.2%	$28.32 *	$51.39	-46.7%	—	22160N109
FDS	FACTSET RESH SYS INC	5,300	$1.219M	0.2%	$230.08 *	$232.90	+15.9%	—	303075105
MBLY	MOBILEYE GLOBAL INC	101,200	$980K	0.1%	$9.68 *	$14.55	-49.2%	—	60741F104
MTW	MANITOWOC CO INC	67,653	$940K	0.1%	$13.89 *	$11.75	+82.6%	—	563571405
UNH	UNITEDHEALTH GROUP INC	1,700	$707K	0.1%	$415.63 *	$332.37	+10.4%	—	91324P102
CME	CME GROUP INC	3,150	$696K	0.1%	$220.83 *	$276.63	-5.3%	—	12572Q105
CTSO	CYTOSORBENTS CORP	1,211,400	$453K	0.1%	$0.37 *	$4.80	+10.9%	—	23283X206
JKHY	HENRY JACK & ASSOC INC	3,150	$434K	0.1%	$137.74 *	$141.91	+0.9%	—	426281101
NVDA	NVIDIA CORPORATION	2,000	$400K	0.1%	$200.09 *	$194.59	+17.4%	—	67066G104
FTK	FLOTEK INDUSTRIES INC	16,700	$393K	0.1%	$23.52 *	$19.35	+51.5%	—	343389409
TWIN	TWIN DISC INC	16,595	$385K	0.1%	$23.20 *	$10.14	+158.3%	—	901476101
VLO	VALERO ENERGY CORP	1,300	$339K	0.0%	$260.44 *	$129.14	+200.1%	—	91913Y100
XOM	EXXON MOBIL CORP	2,316	$317K	0.0%	$136.72 *	$110.09	+47.8%	—	30231G102
ICE	INTERCONTINENTAL EXCHANGE IN	2,150	$265K	0.0%	$123.11 *	$150.06	+1.3%	—	45866F104
QRHC	QUEST RESOURCE HLDG CORP	110,602	$139K	0.0%	$1.26 *	$4.17	-67.4%	—	74836W203
MSTR	STRATEGY INC	1,000	$86,930	0.0%	$86.93 *	$145.16	+5.5%	—	594972408

Decreased Positions (56)

SCHW CHARLES SCHWAB CORP (THE) 0.7%

Value $5.478M (-57.5%) Shares 56,050 (-59.9%) Share Price $97.74 Est. Cost/Share $91.63 Unrealized @ Report Date +6.7%

OC OWENS CORNING NEW 1.6%

Value $12.48M (-31.4%) Shares 106,915 (-6.6%) Share Price $116.74 Est. Cost/Share $90.67 Unrealized @ Report Date +28.8%

SIMO SILICON MOTION TECHNOLOGY CO 1.0%

Value $7.368M (-35.4%) Shares 26,314 (-23.1%) Share Price $280.00 Est. Cost/Share $71.24 Unrealized @ Report Date +293.0%

OSK OSHKOSH CORP 2.2%

Value $16.88M (-17.7%) Shares 131,054 (-1.9%) Share Price $128.82 Est. Cost/Share $67.54 Unrealized @ Report Date +90.7%

ADBE ADOBE INC 0.9%

Value $7.151M (-28.9%) Shares 29,805 (-39.3%) Share Price $239.94 Est. Cost/Share $257.40 Unrealized @ Report Date -6.8%

SBAC SBA COMMUNICATIONS CORP 2.2%

Value $16.43M (-14.5%) Shares 102,580 (-5.8%) Share Price $160.12 Est. Cost/Share $207.61 Unrealized @ Report Date —

AAPL APPLE INC 3.8%

Value $29.24M (+10.2%) Shares 87,815 (-4.3%) Share Price $333.02 Est. Cost/Share $75.02 Unrealized @ Report Date +343.9%

MITK MITEK SYS INC 0.7%

Value $5.534M (-26.7%) Shares 324,600 (-13.5%) Share Price $17.05 Est. Cost/Share $10.14 Unrealized @ Report Date +68.2%

UPS UNITED PARCEL SVCS INC 0.5%

Value $3.782M (-34.1%) Shares 40,475 (-24.2%) Share Price $93.44 Est. Cost/Share $113.61 Unrealized @ Report Date -17.8%

UHAL/B U HAUL HOLDING COMPANY 0.1%

Value $1.042M (-64.6%) Shares 19,715 (-61.3%) Share Price $52.85 Est. Cost/Share $53.16 Unrealized @ Report Date -0.6%

WSC WILLSCOT HLDGS CORP 0.2%

Value $1.889M (-46.6%) Shares 109,950 (-10.3%) Share Price $17.18 Est. Cost/Share $27.23 Unrealized @ Report Date -36.9%

ON ON SEMICONDUCTOR CORP 0.7%

Value $5.129M (-20.9%) Shares 66,720 (-2.8%) Share Price $76.87 Est. Cost/Share $16.31 Unrealized @ Report Date +371.2%

HAE HAEMONETICS CORP MASS 0.3%

Value $2.285M (-36.0%) Shares 21,700 (-54.4%) Share Price $105.30 Est. Cost/Share $65.65 Unrealized @ Report Date +60.4%

TAP MOLSON COORS BEVERAGE CO 1.8%

Value $14.08M (-8.2%) Shares 386,050 (-2.0%) Share Price $36.47 Est. Cost/Share $48.42 Unrealized @ Report Date -24.7%

CPB THE CAMPBELLS COMPANY 0.4%

Value $2.691M (-29.9%) Shares 135,701 (-21.2%) Share Price $19.83 Est. Cost/Share $23.20 Unrealized @ Report Date -14.5%

SSNC SS&C TECH HLDGS 1.2%

Value $9.2M (-10.3%) Shares 119,375 (-27.8%) Share Price $77.07 Est. Cost/Share $69.32 Unrealized @ Report Date +11.2%

GPK GRAPHIC PACKAGING HLDG CO 0.3%

Value $2.45M (-29.4%) Shares 270,750 (-17.6%) Share Price $9.05 Est. Cost/Share $18.39 Unrealized @ Report Date -50.8%

MATW MATTHEWS INTL CORP 0.0%

Value $127K (-88.8%) Shares 6,600 (-84.3%) Share Price $19.19 Est. Cost/Share $24.10 Unrealized @ Report Date -20.4%

LOVE LOVESAC CO 0.6%

Value $4.266M (-18.8%) Shares 283,475 (-9.9%) Share Price $15.05 Est. Cost/Share $19.69 Unrealized @ Report Date -23.6%

CCOI COGENT COMM HOLDINGS INC 0.1%

Value $437K (-68.0%) Shares 56,125 (-43.0%) Share Price $7.79 Est. Cost/Share $39.38 Unrealized @ Report Date -80.2%

LKQ LKQ CORP 0.7%

Value $5.429M (-14.2%) Shares 237,800 (-1.1%) Share Price $22.83 Est. Cost/Share $33.66 Unrealized @ Report Date -32.2%

FMC FMC CORP 0.1%

Value $498K (-63.4%) Shares 55,800 (-52.9%) Share Price $8.92 Est. Cost/Share $66.08 Unrealized @ Report Date -86.5%

BBY BEST BUY INC 0.5%

Value $3.947M (-17.4%) Shares 44,725 (-29.0%) Share Price $88.24 Est. Cost/Share $72.00 Unrealized @ Report Date +22.5%

SPGI S&P GLOBAL INC 0.3%

Value $2.529M (-23.2%) Shares 6,410 (-20.7%) Share Price $394.47 Est. Cost/Share $441.63 Unrealized @ Report Date -10.7%

PGR PROGRESSIVE CORP 0.1%

Value $912K (-45.2%) Shares 4,400 (-42.3%) Share Price $207.31 Est. Cost/Share $209.80 Unrealized @ Report Date -1.2%

CSX CSX CORP 1.1%

Value $8.019M (-8.2%) Shares 172,425 (-6.2%) Share Price $46.51 Est. Cost/Share $30.73 Unrealized @ Report Date +51.3%

KEX KIRBY CORP 0.5%

Value $4.054M (-14.8%) Shares 30,885 (-11.8%) Share Price $131.25 Est. Cost/Share $107.57 Unrealized @ Report Date +22.0%

XOP SPDR SERIES TRUST 1.0%

Value $7.431M (+9.8%) Shares 41,435 (-5.6%) Share Price $179.33 Est. Cost/Share $135.76 Unrealized @ Report Date +32.1%

FISV FISERV INC 0.2%

Value $1.301M (-31.9%) Shares 28,800 (-26.1%) Share Price $45.18 Est. Cost/Share $56.14 Unrealized @ Report Date -19.5%

ZETA ZETA GLOBAL HOLDINGS CORP 0.1%

Value $837K (-40.2%) Shares 26,525 (-62.7%) Share Price $31.57 Est. Cost/Share $16.47 Unrealized @ Report Date +91.6%

JOUT JOHNSON OUTDOORS INC 0.1%

Value $622K (-47.4%) Shares 14,239 (-44.5%) Share Price $43.65 Est. Cost/Share $45.98 Unrealized @ Report Date -5.1%

DPZ DOMINOS PIZZA INC 0.1%

Value $1.079M (-33.8%) Shares 3,600 (-34.5%) Share Price $299.61 Est. Cost/Share $329.08 Unrealized @ Report Date -9.0%

MSFT MICROSOFT CORP 0.5%

Value $4.078M (-11.5%) Shares 7,950 (-35.6%) Share Price $512.90 Est. Cost/Share $403.67 Unrealized @ Report Date +27.1%

META META PLATFORMS INC 0.7%

Value $5.102M (-8.2%) Shares 7,035 (-28.7%) Share Price $725.18 Est. Cost/Share $393.13 Unrealized @ Report Date +84.5%

TMUS T-MOBILE US INC 1.2%

Value $9.508M (-4.5%) Shares 58,300 (-1.8%) Share Price $163.08 Est. Cost/Share $185.76 Unrealized @ Report Date -12.2%

ZBH ZIMMER BIOMET HOLDINGS INC 0.1%

Value $854K (-32.6%) Shares 9,611 (-34.7%) Share Price $88.83 Est. Cost/Share $94.54 Unrealized @ Report Date -6.0%

VNT VONTIER CORPORATION 0.5%

Value $3.439M (-10.6%) Shares 109,525 (-17.4%) Share Price $31.40 Est. Cost/Share $33.00 Unrealized @ Report Date -4.9%

BOOT BOOT BARN HLDGS INC 0.0%

Value $349K (-45.5%) Shares 2,899 (-25.6%) Share Price $120.47 Est. Cost/Share $99.19 Unrealized @ Report Date +21.5%

DNOW DNOW INC 0.3%

Value $2.536M (+10.6%) Shares 163,600 (-7.4%) Share Price $15.50 Est. Cost/Share $13.41 Unrealized @ Report Date +15.6%

PLAB PHOTRONICS INC 0.3%

Value $2.417M (-8.9%) Shares 78,510 (-3.7%) Share Price $30.78 Est. Cost/Share $20.96 Unrealized @ Report Date +46.8%

AMT AMERICAN TOWER CORP 1.3%

Value $9.828M (-2.3%) Shares 60,041 (-2.4%) Share Price $163.69 Est. Cost/Share $174.49 Unrealized @ Report Date —

AMZN AMAZON COM INC 0.4%

Value $3.011M (-7.0%) Shares 12,085 (-11.0%) Share Price $249.15 Est. Cost/Share $158.93 Unrealized @ Report Date +56.8%

LULU LULULEMON ATHLETICA INC 0.1%

Value $548K (-27.2%) Shares 5,700 (-13.6%) Share Price $96.19 Est. Cost/Share $133.58 Unrealized @ Report Date -28.0%

BMY BRISTOL-MYERS SQUIBB CO 1.1%

Value $8.174M (+2.3%) Shares 131,000 (-5.6%) Share Price $62.40 Est. Cost/Share $50.67 Unrealized @ Report Date +23.1%

RJF RAYMOND JAMES FINL INC 0.1%

Value $854K (-16.1%) Shares 5,425 (-19.3%) Share Price $157.48 Est. Cost/Share $109.60 Unrealized @ Report Date +44.2%

SPWH SPORTSMANS WHSE HLDGS INC 0.1%

Value $681K (-17.8%) Shares 602,550 (-3.3%) Share Price $1.13 Est. Cost/Share $3.09 Unrealized @ Report Date -63.4%

VITL VITAL FARMS INC 0.1%

Value $441K (-24.0%) Shares 47,500 (-4.8%) Share Price $9.28 Est. Cost/Share $23.60 Unrealized @ Report Date -60.7%

AEYE AUDIOEYE INC 0.2%

Value $1.427M (-8.6%) Shares 212,279 (-21.0%) Share Price $6.72 Est. Cost/Share $10.95 Unrealized @ Report Date -38.6%

GEHC GE HEALTHCARE TECHNOLOGIES I 1.6%

Value $12.49M (+0.6%) Shares 191,065 (-1.5%) Share Price $65.37 Est. Cost/Share $73.56 Unrealized @ Report Date -11.1%

XLE SELECT SECTOR SPDR TR 0.4%

Value $3.217M (-1.7%) Shares 52,316 (-15.1%) Share Price $61.50 Est. Cost/Share $43.47 Unrealized @ Report Date +41.5%

WCC WESCO INTL INC 0.2%

Value $1.426M (+2.8%) Shares 3,965 (-1.2%) Share Price $359.59 Est. Cost/Share $180.12 Unrealized @ Report Date +99.6%

V VISA INC 1.7%

Value $12.91M (-0.3%) Shares 35,935 (-4.8%) Share Price $359.33 Est. Cost/Share $79.98 Unrealized @ Report Date +349.3%

HPE HEWLETT PACKARD ENTERPRISE C 0.0%

Value $121K (+38.0%) Shares 1,900 (-2.6%) Share Price $63.89 Est. Cost/Share $36.11 Unrealized @ Report Date +76.9%

ASUR ASURE SOFTWARE INC 0.0%

Value $362K (-6.2%) Shares 47,874 (-1.6%) Share Price $7.57 Est. Cost/Share $9.08 Unrealized @ Report Date -16.6%

FCG FIRST TR EXCHANGE-TRADED FD 0.2%

Value $1.621M (+1.5%) Shares 56,850 (-5.3%) Share Price $28.52 Est. Cost/Share $24.29 Unrealized @ Report Date +17.4%

HPQ HP INC 0.0%

Value $18,768 (+31.6%) Shares 600 (-7.7%) Share Price $31.28 Est. Cost/Share $22.12 Unrealized @ Report Date +41.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SCHW	CHARLES SCHWAB CORP (THE)	56,050 (-59.9%)	$5.478M (-57.5%)	0.7%	$97.74	$91.63	+6.7%	COM	808513105
OC	OWENS CORNING NEW	106,915 (-6.6%)	$12.48M (-31.4%)	1.6%	$116.74	$90.67	+28.8%	COM	690742101
SIMO	SILICON MOTION TECHNOLOGY CO	26,314 (-23.1%)	$7.368M (-35.4%)	1.0%	$280.00	$71.24	+293.0%	SPONSORED ADR	82706C108
OSK	OSHKOSH CORP	131,054 (-1.9%)	$16.88M (-17.7%)	2.2%	$128.82	$67.54	+90.7%	COM	688239201
ADBE	ADOBE INC	29,805 (-39.3%)	$7.151M (-28.9%)	0.9%	$239.94	$257.40	-6.8%	COM	00724F101
SBAC	SBA COMMUNICATIONS CORP	102,580 (-5.8%)	$16.43M (-14.5%)	2.2%	$160.12	$207.61	—	CL A	78410G104
AAPL	APPLE INC	87,815 (-4.3%)	$29.24M (+10.2%)	3.8%	$333.02	$75.02	+343.9%	COM	037833100
MITK	MITEK SYS INC	324,600 (-13.5%)	$5.534M (-26.7%)	0.7%	$17.05	$10.14	+68.2%	COM NEW	606710200
UPS	UNITED PARCEL SVCS INC	40,475 (-24.2%)	$3.782M (-34.1%)	0.5%	$93.44	$113.61	-17.8%	CL B	911312106
UHAL/B	U HAUL HOLDING COMPANY	19,715 (-61.3%)	$1.042M (-64.6%)	0.1%	$52.85	$53.16	-0.6%	COM SER N	023586506
WSC	WILLSCOT HLDGS CORP	109,950 (-10.3%)	$1.889M (-46.6%)	0.2%	$17.18	$27.23	-36.9%	COM CL A	971378104
ON	ON SEMICONDUCTOR CORP	66,720 (-2.8%)	$5.129M (-20.9%)	0.7%	$76.87	$16.31	+371.2%	COM	682189105
HAE	HAEMONETICS CORP MASS	21,700 (-54.4%)	$2.285M (-36.0%)	0.3%	$105.30	$65.65	+60.4%	COM	405024100
TAP	MOLSON COORS BEVERAGE CO	386,050 (-2.0%)	$14.08M (-8.2%)	1.8%	$36.47	$48.42	-24.7%	CL B	60871R209
CPB	THE CAMPBELLS COMPANY	135,701 (-21.2%)	$2.691M (-29.9%)	0.4%	$19.83	$23.20	-14.5%	COM	134429109
SSNC	SS&C TECH HLDGS	119,375 (-27.8%)	$9.2M (-10.3%)	1.2%	$77.07	$69.32	+11.2%	COM	78467J100
GPK	GRAPHIC PACKAGING HLDG CO	270,750 (-17.6%)	$2.45M (-29.4%)	0.3%	$9.05	$18.39	-50.8%	COM	388689101
MATW	MATTHEWS INTL CORP	6,600 (-84.3%)	$127K (-88.8%)	0.0%	$19.19	$24.10	-20.4%	CL A	577128101
LOVE	LOVESAC CO	283,475 (-9.9%)	$4.266M (-18.8%)	0.6%	$15.05	$19.69	-23.6%	COM	54738L109
CCOI	COGENT COMM HOLDINGS INC	56,125 (-43.0%)	$437K (-68.0%)	0.1%	$7.79	$39.38	-80.2%	COM NEW	19239V302
LKQ	LKQ CORP	237,800 (-1.1%)	$5.429M (-14.2%)	0.7%	$22.83	$33.66	-32.2%	COM	501889208
FMC	FMC CORP	55,800 (-52.9%)	$498K (-63.4%)	0.1%	$8.92	$66.08	-86.5%	COM NEW	302491303
BBY	BEST BUY INC	44,725 (-29.0%)	$3.947M (-17.4%)	0.5%	$88.24	$72.00	+22.5%	COM	086516101
SPGI	S&P GLOBAL INC	6,410 (-20.7%)	$2.529M (-23.2%)	0.3%	$394.47	$441.63	-10.7%	COM	78409V104
PGR	PROGRESSIVE CORP	4,400 (-42.3%)	$912K (-45.2%)	0.1%	$207.31	$209.80	-1.2%	COM	743315103
CSX	CSX CORP	172,425 (-6.2%)	$8.019M (-8.2%)	1.1%	$46.51	$30.73	+51.3%	COM	126408103
KEX	KIRBY CORP	30,885 (-11.8%)	$4.054M (-14.8%)	0.5%	$131.25	$107.57	+22.0%	COM	497266106
XOP	SPDR SERIES TRUST	41,435 (-5.6%)	$7.431M (+9.8%)	1.0%	$179.33	$135.76	+32.1%	SP O&G EXPL PRO	78468R556
FISV	FISERV INC	28,800 (-26.1%)	$1.301M (-31.9%)	0.2%	$45.18	$56.14	-19.5%	COM	337738108
ZETA	ZETA GLOBAL HOLDINGS CORP	26,525 (-62.7%)	$837K (-40.2%)	0.1%	$31.57	$16.47	+91.6%	CL A	98956A105
JOUT	JOHNSON OUTDOORS INC	14,239 (-44.5%)	$622K (-47.4%)	0.1%	$43.65	$45.98	-5.1%	CL A	479167108
DPZ	DOMINOS PIZZA INC	3,600 (-34.5%)	$1.079M (-33.8%)	0.1%	$299.61	$329.08	-9.0%	COM	25754A201
MSFT	MICROSOFT CORP	7,950 (-35.6%)	$4.078M (-11.5%)	0.5%	$512.90	$403.67	+27.1%	COM	594918104
META	META PLATFORMS INC	7,035 (-28.7%)	$5.102M (-8.2%)	0.7%	$725.18	$393.13	+84.5%	CL A	30303M102
TMUS	T-MOBILE US INC	58,300 (-1.8%)	$9.508M (-4.5%)	1.2%	$163.08	$185.76	-12.2%	COM	872590104
ZBH	ZIMMER BIOMET HOLDINGS INC	9,611 (-34.7%)	$854K (-32.6%)	0.1%	$88.83	$94.54	-6.0%	COM	98956P102
VNT	VONTIER CORPORATION	109,525 (-17.4%)	$3.439M (-10.6%)	0.5%	$31.40	$33.00	-4.9%	COM	928881101
BOOT	BOOT BARN HLDGS INC	2,899 (-25.6%)	$349K (-45.5%)	0.0%	$120.47	$99.19	+21.5%	COM	099406100
DNOW	DNOW INC	163,600 (-7.4%)	$2.536M (+10.6%)	0.3%	$15.50	$13.41	+15.6%	COM	67011P100
PLAB	PHOTRONICS INC	78,510 (-3.7%)	$2.417M (-8.9%)	0.3%	$30.78	$20.96	+46.8%	COM	719405102
AMT	AMERICAN TOWER CORP	60,041 (-2.4%)	$9.828M (-2.3%)	1.3%	$163.69	$174.49	—	COM	03027X100
AMZN	AMAZON COM INC	12,085 (-11.0%)	$3.011M (-7.0%)	0.4%	$249.15	$158.93	+56.8%	COM	023135106
LULU	LULULEMON ATHLETICA INC	5,700 (-13.6%)	$548K (-27.2%)	0.1%	$96.19	$133.58	-28.0%	COM	550021109
BMY	BRISTOL-MYERS SQUIBB CO	131,000 (-5.6%)	$8.174M (+2.3%)	1.1%	$62.40	$50.67	+23.1%	COM	110122108
RJF	RAYMOND JAMES FINL INC	5,425 (-19.3%)	$854K (-16.1%)	0.1%	$157.48	$109.60	+44.2%	COM	754730109
SPWH	SPORTSMANS WHSE HLDGS INC	602,550 (-3.3%)	$681K (-17.8%)	0.1%	$1.13	$3.09	-63.4%	COM	84920Y106
VITL	VITAL FARMS INC	47,500 (-4.8%)	$441K (-24.0%)	0.1%	$9.28	$23.60	-60.7%	COM	92847W103
AEYE	AUDIOEYE INC	212,279 (-21.0%)	$1.427M (-8.6%)	0.2%	$6.72	$10.95	-38.6%	COM NEW	050734201
GEHC	GE HEALTHCARE TECHNOLOGIES I	191,065 (-1.5%)	$12.49M (+0.6%)	1.6%	$65.37	$73.56	-11.1%	COMMON STOCK	36266G107
XLE	SELECT SECTOR SPDR TR	52,316 (-15.1%)	$3.217M (-1.7%)	0.4%	$61.50	$43.47	+41.5%	ST STR ENERG ETF	81369Y506
WCC	WESCO INTL INC	3,965 (-1.2%)	$1.426M (+2.8%)	0.2%	$359.59	$180.12	+99.6%	COM	95082P105
V	VISA INC	35,935 (-4.8%)	$12.91M (-0.3%)	1.7%	$359.33	$79.98	+349.3%	COM CL A	92826C839
HPE	HEWLETT PACKARD ENTERPRISE C	1,900 (-2.6%)	$121K (+38.0%)	0.0%	$63.89	$36.11	+76.9%	COM	42824C109
ASUR	ASURE SOFTWARE INC	47,874 (-1.6%)	$362K (-6.2%)	0.0%	$7.57	$9.08	-16.6%	COM	04649U102
FCG	FIRST TR EXCHANGE-TRADED FD	56,850 (-5.3%)	$1.621M (+1.5%)	0.2%	$28.52	$24.29	+17.4%	NAT GAS ETF	33733E807
HPQ	HP INC	600 (-7.7%)	$18,768 (+31.6%)	0.0%	$31.28	$22.12	+41.4%	COM	40434L105

Unchanged Positions (55)

ADEA ADEIA INC 1.1%

Value $8.554M Shares 334,150 Share Price $25.60 Est. Cost/Share $12.59 Unrealized @ Report Date +103.2%

COHR COHERENT CORP 0.8%

Value $6.24M Shares 21,680 Share Price $287.81 Est. Cost/Share $44.21 Unrealized @ Report Date +551.0%

GOOGL ALPHABET INC 5.7%

Value $43.78M Shares 127,250 Share Price $344.08 Est. Cost/Share $131.49 Unrealized @ Report Date +161.7%

CNR CORE NATURAL RESOURCES INC 2.6%

Value $19.48M Shares 226,897 Share Price $85.84 Est. Cost/Share $84.31 Unrealized @ Report Date +1.8%

C CITIGROUP INC 2.0%

Value $15.54M Shares 120,015 Share Price $129.48 Est. Cost/Share $53.23 Unrealized @ Report Date +143.3%

B BARRICK MNG CORP 1.4%

Value $10.59M Shares 260,275 Share Price $40.67 Est. Cost/Share $25.15 Unrealized @ Report Date +61.7%

NEM NEWMONT CORP 0.6%

Value $4.393M Shares 38,090 Share Price $115.34 Est. Cost/Share $42.00 Unrealized @ Report Date +174.6%

WMB WILLIAMS COS INC 1.1%

Value $8.036M Shares 118,225 Share Price $67.97 Est. Cost/Share $17.90 Unrealized @ Report Date +279.8%

WAB WABTEC 1.6%

Value $12.15M Shares 42,305 Share Price $287.18 Est. Cost/Share $80.06 Unrealized @ Report Date +258.7%

AEM AGNICO EAGLE MINES LTD 0.6%

Value $4.408M Shares 24,050 Share Price $183.27 Est. Cost/Share $41.40 Unrealized @ Report Date +342.7%

ANET ARISTA NETWORKS INC 0.5%

Value $3.868M Shares 19,000 Share Price $203.59 Est. Cost/Share $157.08 Unrealized @ Report Date +29.6%

MLM MARTIN MARIETTA MATLS INC 0.4%

Value $2.785M Shares 5,805 Share Price $479.81 Est. Cost/Share $333.00 Unrealized @ Report Date +44.1%

UNP UNION PAC CORP 7.3%

Value $55.3M Shares 203,220 Share Price $272.13 Est. Cost/Share $116.39 Unrealized @ Report Date +133.8%

MTX MINERALS TECHNOLOGIES INC 0.4%

Value $3.386M Shares 51,779 Share Price $65.40 Est. Cost/Share $69.21 Unrealized @ Report Date -5.5%

GM GENERAL MTRS CO 4.3%

Value $32.57M Shares 423,010 Share Price $77.00 Est. Cost/Share $31.46 Unrealized @ Report Date +144.7%

GLD SPDR GOLD TR 1.2%

Value $9.365M Shares 24,590 Share Price $380.84 Est. Cost/Share $169.18 Unrealized @ Report Date +125.1%

TKR TIMKEN CO 0.1%

Value $1.057M Shares 9,050 Share Price $116.75 Est. Cost/Share $78.59 Unrealized @ Report Date +48.5%

TDG TRANSDIGM GROUP INC 0.1%

Value $834K Shares 770 Share Price $1082.60 Est. Cost/Share $70.58 Unrealized @ Report Date +1433.9%

HAL HALLIBURTON CO 0.3%

Value $2.604M Shares 81,900 Share Price $31.80 Est. Cost/Share $30.84 Unrealized @ Report Date +3.1%

SLB SLB LIMITED 0.4%

Value $3.427M Shares 70,350 Share Price $48.72 Est. Cost/Share $37.63 Unrealized @ Report Date +29.5%

BAC BANK OF AMER CORP 0.4%

Value $2.998M Shares 55,080 Share Price $54.43 Est. Cost/Share $31.14 Unrealized @ Report Date +74.8%

RTX RTX CORPORATION 0.8%

Value $5.958M Shares 32,090 Share Price $185.65 Est. Cost/Share $66.71 Unrealized @ Report Date +178.3%

OXY OCCIDENTAL PETE CORP 0.2%

Value $1.177M Shares 21,279 Share Price $55.32 Est. Cost/Share $55.63 Unrealized @ Report Date -0.6%

GOOG ALPHABET INC 0.4%

Value $3.237M Shares 9,500 Share Price $340.74 Est. Cost/Share $107.95 Unrealized @ Report Date +215.7%

BLMN BLOOMIN BRANDS INC 0.1%

Value $482K Shares 62,250 Share Price $7.75 Est. Cost/Share $10.65 Unrealized @ Report Date -27.2%

JPM JPMORGAN CHASE & CO 1.0%

Value $7.822M Shares 23,645 Share Price $330.83 Est. Cost/Share $49.55 Unrealized @ Report Date +567.6%

PZZA PAPA JOHNS INTL INC 0.0%

Value $39,420 Shares 2,000 Share Price $19.71 Est. Cost/Share $34.53 Unrealized @ Report Date -42.9%

CBOE CBOE GLOBAL MKTS INC 0.0%

Value $275K Shares 1,000 Share Price $275.29 Est. Cost/Share $146.50 Unrealized @ Report Date +87.9%

MTUS METALLUS INC 0.4%

Value $2.997M Shares 157,800 Share Price $18.99 Est. Cost/Share $14.55 Unrealized @ Report Date +30.5%

AR ANTERO RESOURCES CORP 0.1%

Value $437K Shares 13,100 Share Price $33.39 Est. Cost/Share $36.61 Unrealized @ Report Date -8.8%

FDX FEDEX CORP 0.0%

Value $207K Shares 725 Share Price $285.09 Est. Cost/Share $223.56 Unrealized @ Report Date +27.5%

MA MASTERCARD INCORPORATED 0.0%

Value $290K Shares 525 Share Price $551.47 Est. Cost/Share $71.87 Unrealized @ Report Date +667.4%

FDXF FEDEX FGHT HLDG CO INC 0.0%

Value $39,486 Shares 361 Share Price $109.38 Est. Cost/Share $163.79 Unrealized @ Report Date -33.2%

LECO LINCOLN ELEC HLDGS INC 0.5%

Value $3.987M Shares 15,070 Share Price $264.58 Est. Cost/Share $97.99 Unrealized @ Report Date +170.0%

GD GENERAL DYNAMICS CORP 0.0%

Value $207K Shares 625 Share Price $331.83 Est. Cost/Share $143.46 Unrealized @ Report Date +131.3%

CCK CROWN HLDGS INC 0.0%

Value $190K Shares 1,800 Share Price $105.41 Est. Cost/Share $71.39 Unrealized @ Report Date +47.7%

UHAL U HAUL HOLDING COMPANY 0.0%

Value $123K Shares 2,045 Share Price $60.17 Est. Cost/Share $48.16 Unrealized @ Report Date +24.9%

CCJ CAMECO CORP 0.0%

Value $60,669 Shares 700 Share Price $86.67 Est. Cost/Share $45.23 Unrealized @ Report Date +91.6%

IWM ISHARES TR 0.0%

Value $111K Shares 400 Share Price $277.89 Est. Cost/Share $146.22 Unrealized @ Report Date +90.1%

BLK BLACKROCK INC 0.0%

Value $95,246 Shares 90 Share Price $1058.29 Est. Cost/Share $1089.41 Unrealized @ Report Date -2.9%

HD HOME DEPOT INC 0.0%

Value $28,449 Shares 100 Share Price $284.49 Est. Cost/Share $80.04 Unrealized @ Report Date +255.4%

NDSN NORDSON CORP 0.0%

Value $85,241 Shares 260 Share Price $327.85 Est. Cost/Share $61.49 Unrealized @ Report Date +433.2%

SW SMURFIT WESTROCK PLC 0.0%

Value $115K Shares 2,617 Share Price $44.10 Est. Cost/Share $43.84 Unrealized @ Report Date +0.6%

COST COSTCO WHOLESALE CORPORATION 0.0%

Value $182K Shares 200 Share Price $910.34 Est. Cost/Share $996.37 Unrealized @ Report Date -8.6%

CWST CASELLA WASTE SYS INC 0.0%

Value $22,096 Shares 275 Share Price $80.35 Est. Cost/Share $92.83 Unrealized @ Report Date -13.4%

ULTA ULTA BEAUTY INC 0.0%

Value $24,578 Shares 45 Share Price $546.18 Est. Cost/Share $392.37 Unrealized @ Report Date +39.2%

CAR AVIS BUDGET GROUP INC 0.0%

Value $10,667 Shares 100 Share Price $106.67 Est. Cost/Share $220.13 Unrealized @ Report Date -51.5%

SHW SHERWIN WILLIAMS CO 0.0%

Value $48,491 Shares 150 Share Price $323.27 Est. Cost/Share $205.66 Unrealized @ Report Date +57.2%

TGT TARGET CORP 0.0%

Value $15,669 Shares 100 Share Price $156.69 Est. Cost/Share $87.35 Unrealized @ Report Date +79.4%

QQQ INVESCO QQQ TR 0.1%

Value $555K Shares 750 Share Price $739.77 Est. Cost/Share $167.67 Unrealized @ Report Date +341.2%

VZ VERIZON COMMUNICATIONS INC 0.0%

Value $32,109 Shares 700 Share Price $45.87 Est. Cost/Share $46.91 Unrealized @ Report Date -2.2%

SPY STATE STR SPDR S&P 500 ETF T 0.0%

Value $76,263 Shares 100 Share Price $762.63 Est. Cost/Share $165.76 Unrealized @ Report Date +360.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value $299K Shares 600 Share Price $497.95 Est. Cost/Share $227.87 Unrealized @ Report Date +118.5%

DXC DXC TECHNOLOGY CO 0.0%

Value $6,498 Shares 600 Share Price $10.83 Est. Cost/Share $10.36 Unrealized @ Report Date +4.5%

KOP KOPPERS HOLDINGS INC 0.0%

Value $7,978 Shares 175 Share Price $45.59 Est. Cost/Share $32.04 Unrealized @ Report Date +42.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ADEA	ADEIA INC	334,150	$8.554M	1.1%	$25.60	$12.59	+103.2%	COM	00676P107
COHR	COHERENT CORP	21,680	$6.24M	0.8%	$287.81	$44.21	+551.0%	COM	19247G107
GOOGL	ALPHABET INC	127,250	$43.78M	5.7%	$344.08	$131.49	+161.7%	CAP STK CL A	02079K305
CNR	CORE NATURAL RESOURCES INC	226,897	$19.48M	2.6%	$85.84	$84.31	+1.8%	COM SHS	218937100
C	CITIGROUP INC	120,015	$15.54M	2.0%	$129.48	$53.23	+143.3%	COM NEW	172967424
B	BARRICK MNG CORP	260,275	$10.59M	1.4%	$40.67	$25.15	+61.7%	COM SHS	06849F108
NEM	NEWMONT CORP	38,090	$4.393M	0.6%	$115.34	$42.00	+174.6%	COM	651639106
WMB	WILLIAMS COS INC	118,225	$8.036M	1.1%	$67.97	$17.90	+279.8%	COM	969457100
WAB	WABTEC	42,305	$12.15M	1.6%	$287.18	$80.06	+258.7%	COM	929740108
AEM	AGNICO EAGLE MINES LTD	24,050	$4.408M	0.6%	$183.27	$41.40	+342.7%	COM	008474108
ANET	ARISTA NETWORKS INC	19,000	$3.868M	0.5%	$203.59	$157.08	+29.6%	COM SHS	040413205
MLM	MARTIN MARIETTA MATLS INC	5,805	$2.785M	0.4%	$479.81	$333.00	+44.1%	COM	573284106
UNP	UNION PAC CORP	203,220	$55.3M	7.3%	$272.13	$116.39	+133.8%	COM	907818108
MTX	MINERALS TECHNOLOGIES INC	51,779	$3.386M	0.4%	$65.40	$69.21	-5.5%	COM	603158106
GM	GENERAL MTRS CO	423,010	$32.57M	4.3%	$77.00	$31.46	+144.7%	COM	37045V100
GLD	SPDR GOLD TR	24,590	$9.365M	1.2%	$380.84	$169.18	+125.1%	GOLD SHS	78463V107
TKR	TIMKEN CO	9,050	$1.057M	0.1%	$116.75	$78.59	+48.5%	COM	887389104
TDG	TRANSDIGM GROUP INC	770	$834K	0.1%	$1082.60	$70.58	+1433.9%	COM	893641100
HAL	HALLIBURTON CO	81,900	$2.604M	0.3%	$31.80	$30.84	+3.1%	COM	406216101
SLB	SLB LIMITED	70,350	$3.427M	0.4%	$48.72	$37.63	+29.5%	COM STK	806857108
BAC	BANK OF AMER CORP	55,080	$2.998M	0.4%	$54.43	$31.14	+74.8%	COM	060505104
RTX	RTX CORPORATION	32,090	$5.958M	0.8%	$185.65	$66.71	+178.3%	COM	75513E101
OXY	OCCIDENTAL PETE CORP	21,279	$1.177M	0.2%	$55.32	$55.63	-0.6%	COM	674599105
GOOG	ALPHABET INC	9,500	$3.237M	0.4%	$340.74	$107.95	+215.7%	CAP STK CL C	02079K107
BLMN	BLOOMIN BRANDS INC	62,250	$482K	0.1%	$7.75	$10.65	-27.2%	COM	094235108
JPM	JPMORGAN CHASE & CO	23,645	$7.822M	1.0%	$330.83	$49.55	+567.6%	COM	46625H100
PZZA	PAPA JOHNS INTL INC	2,000	$39,420	0.0%	$19.71	$34.53	-42.9%	COM	698813102
CBOE	CBOE GLOBAL MKTS INC	1,000	$275K	0.0%	$275.29	$146.50	+87.9%	COM	12503M108
MTUS	METALLUS INC	157,800	$2.997M	0.4%	$18.99	$14.55	+30.5%	COM	887399103
AR	ANTERO RESOURCES CORP	13,100	$437K	0.1%	$33.39	$36.61	-8.8%	COM	03674X106
FDX	FEDEX CORP	725	$207K	0.0%	$285.09	$223.56	+27.5%	COM	31428X106
MA	MASTERCARD INCORPORATED	525	$290K	0.0%	$551.47	$71.87	+667.4%	CL A	57636Q104
FDXF	FEDEX FGHT HLDG CO INC	361	$39,486	0.0%	$109.38	$163.79	-33.2%	COMMON STOCK	314352105
LECO	LINCOLN ELEC HLDGS INC	15,070	$3.987M	0.5%	$264.58	$97.99	+170.0%	COM	533900106
GD	GENERAL DYNAMICS CORP	625	$207K	0.0%	$331.83	$143.46	+131.3%	COM	369550108
CCK	CROWN HLDGS INC	1,800	$190K	0.0%	$105.41	$71.39	+47.7%	COM	228368106
UHAL	U HAUL HOLDING COMPANY	2,045	$123K	0.0%	$60.17	$48.16	+24.9%	COM	023586100
CCJ	CAMECO CORP	700	$60,669	0.0%	$86.67	$45.23	+91.6%	COM	13321L108
IWM	ISHARES TR	400	$111K	0.0%	$277.89	$146.22	+90.1%	RUSSELL 2000 ETF	464287655
BLK	BLACKROCK INC	90	$95,246	0.0%	$1058.29	$1089.41	-2.9%	COM	09290D101
HD	HOME DEPOT INC	100	$28,449	0.0%	$284.49	$80.04	+255.4%	COM	437076102
NDSN	NORDSON CORP	260	$85,241	0.0%	$327.85	$61.49	+433.2%	COM	655663102
SW	SMURFIT WESTROCK PLC	2,617	$115K	0.0%	$44.10	$43.84	+0.6%	SHS	G8267P108
COST	COSTCO WHOLESALE CORPORATION	200	$182K	0.0%	$910.34	$996.37	-8.6%	COM	22160K105
CWST	CASELLA WASTE SYS INC	275	$22,096	0.0%	$80.35	$92.83	-13.4%	CL A	147448104
ULTA	ULTA BEAUTY INC	45	$24,578	0.0%	$546.18	$392.37	+39.2%	COM	90384S303
CAR	AVIS BUDGET GROUP INC	100	$10,667	0.0%	$106.67	$220.13	-51.5%	COM	053774105
SHW	SHERWIN WILLIAMS CO	150	$48,491	0.0%	$323.27	$205.66	+57.2%	COM	824348106
TGT	TARGET CORP	100	$15,669	0.0%	$156.69	$87.35	+79.4%	COM	87612E106
QQQ	INVESCO QQQ TR	750	$555K	0.1%	$739.77	$167.67	+341.2%	UNIT SER 1	46090E103
VZ	VERIZON COMMUNICATIONS INC	700	$32,109	0.0%	$45.87	$46.91	-2.2%	COM	92343V104
SPY	STATE STR SPDR S&P 500 ETF T	100	$76,263	0.0%	$762.63	$165.76	+360.1%	TR UNIT	78462F103
BRK/B	BERKSHIRE HATHAWAY INC DEL	600	$299K	0.0%	$497.95	$227.87	+118.5%	CL B NEW	084670702
DXC	DXC TECHNOLOGY CO	600	$6,498	0.0%	$10.83	$10.36	+4.5%	COM	23355L106
KOP	KOPPERS HOLDINGS INC	175	$7,978	0.0%	$45.59	$32.04	+42.3%	COM	50060P106