SFE Investment Counsel Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMB	KIMBERLY-CLARK CORP	16,700	$8,076	1.2%	$108.41	0.0%	PUT	494368103
KLAC	KLA CORP	2,000	$2,430	0.4%	$748.55	+56.6%	PUT	482480100
KMB	KIMBERLY-CLARK CORP	16,305	$1,645	0.3%	$108.41	0.0%	COM	494368103
CMF	ISHARES TR	4,000	$1,028	0.2%	$56.28	—	PUT	464288356
VEU	VANGUARD INTL EQUITY INDEX F	5,816	$428	0.1%	$73.56	—	ALLWRLD EX US	922042775
ISRG	INTUITIVE SURGICAL INC	594	$336	0.1%	$532.37	0.0%	COM NEW	46120E602
BND	VANGUARD BD INDEX FDS	4,383	$325	0.0%	$74.07	—	TOTAL BND MRKT	921937835
IEFA	ISHARES TR	2,720	$243	0.0%	$89.46	—	CORE MSCI EAFE	46432F842
MSB	MESABI TR	5,540	$213	0.0%	$38.51	—	CTF BEN INT	590672101

Increased Positions (59)

IVV ISHARES TR 0.8%

Value ($000) $5,496 (+173.4%) Shares 8,024 (+167.1%) Est. Cost $638.88 Unrealized —

CRM SALESFORCE INC 0.7%

Value ($000) $4,608 (+104.2%) Shares 17,394 (+82.7%) Est. Cost $249.95 Unrealized -0.7%

MSFT MICROSOFT CORP 4.1%

Value ($000) $26,584 (-5.1%) Shares 54,968 (+1.6%) Est. Cost $355.42 Unrealized +40.8%

UBER UBER TECHNOLOGIES INC 0.6%

Value ($000) $4,031 (+49.5%) Shares 49,331 (+79.3%) Est. Cost $85.03 Unrealized +5.9%

URI UNITED RENTALS INC 1.3%

Value ($000) $8,699 (-12.9%) Shares 10,749 (+2.7%) Est. Cost $584.35 Unrealized +48.4%

PRU PRUDENTIAL FINL INC 1.4%

Value ($000) $9,068 (+16.6%) Shares 80,330 (+7.1%) Est. Cost $94.88 Unrealized +12.3%

OKE ONEOK INC NEW 2.3%

Value ($000) $15,179 (+8.6%) Shares 206,515 (+7.8%) Est. Cost $45.79 Unrealized +53.9%

BSJV INVESCO EXCH TRD SLF IDX FD 0.3%

Value ($000) $1,825 (+180.0%) Shares 68,348 (+181.0%) Est. Cost $26.73 Unrealized —

DHR DANAHER CORPORATION 1.0%

Value ($000) $6,224 (+22.0%) Shares 27,190 (+5.6%) Est. Cost $225.98 Unrealized -2.8%

PANW PALO ALTO NETWORKS INC 2.2%

Value ($000) $14,613 (-6.7%) Shares 79,334 (+3.1%) Est. Cost $134.90 Unrealized +49.6%

LH LABCORP HOLDINGS INC 1.3%

Value ($000) $8,226 (-8.9%) Shares 32,789 (+4.3%) Est. Cost $209.14 Unrealized +26.8%

TTEK TETRA TECH INC NEW 0.5%

Value ($000) $3,435 (+25.9%) Shares 102,422 (+25.3%) Est. Cost $34.60 Unrealized -2.3%

BX BLACKSTONE INC 1.2%

Value ($000) $8,091 (+8.7%) Shares 52,492 (+20.5%) Est. Cost $90.03 Unrealized +68.2%

BSJU INVESCO EXCH TRD SLF IDX FD 1.0%

Value ($000) $6,338 (+10.9%) Shares 242,794 (+11.2%) Est. Cost $25.88 Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.4%

Value ($000) $2,558 (+32.0%) Shares 30,106 (+30.6%) Est. Cost $76.77 Unrealized +13.9%

BSCV INVESCO EXCH TRD SLF IDX FD 0.2%

Value ($000) $1,525 (+57.5%) Shares 91,362 (+57.4%) Est. Cost $16.63 Unrealized —

KMI KINDER MORGAN INC DEL 0.6%

Value ($000) $4,131 (+15.2%) Shares 150,285 (+18.7%) Est. Cost $19.21 Unrealized +40.1%

BSCR INVESCO EXCH TRD SLF IDX FD 0.9%

Value ($000) $5,590 (+10.6%) Shares 283,194 (+10.4%) Est. Cost $19.44 Unrealized —

BSCU INVESCO EXCH TRD SLF IDX FD 0.6%

Value ($000) $3,975 (+15.1%) Shares 234,944 (+15.0%) Est. Cost $16.63 Unrealized —

HON HONEYWELL INTL INC 0.7%

Value ($000) $4,740 (+9.9%) Shares 24,298 (+18.6%) Est. Cost $147.56 Unrealized +32.2%

BSCT INVESCO EXCH TRD SLF IDX FD 0.9%

Value ($000) $5,783 (+6.9%) Shares 307,038 (+6.8%) Est. Cost $18.50 Unrealized —

PFE PFIZER INC 0.3%

Value ($000) $2,155 (+20.3%) Shares 86,545 (+23.1%) Est. Cost $26.39 Unrealized -5.1%

PWR QUANTA SVCS INC 1.1%

Value ($000) $7,332 (+4.9%) Shares 17,373 (+3.0%) Est. Cost $212.03 Unrealized +107.2%

WDAY WORKDAY INC 0.2%

Value ($000) $991 (+41.5%) Shares 4,615 (+58.6%) Est. Cost $174.68 Unrealized +30.1%

LOW LOWES COS INC 2.0%

Value ($000) $13,254 (-2.0%) Shares 54,958 (+2.1%) Est. Cost $85.80 Unrealized +179.5%

GEV GE VERNOVA INC 0.6%

Value ($000) $3,707 (+7.6%) Shares 5,672 (+1.2%) Est. Cost $167.54 Unrealized +263.5%

BSCS INVESCO EXCH TRD SLF IDX FD 1.0%

Value ($000) $6,523 (+4.0%) Shares 316,637 (+3.8%) Est. Cost $20.20 Unrealized —

SHW SHERWIN WILLIAMS CO 0.1%

Value ($000) $903 (+37.7%) Shares 2,788 (+47.1%) Est. Cost $257.46 Unrealized +29.8%

BSJS INVESCO EXCH TRD SLF IDX FD 1.3%

Value ($000) $8,352 (+2.7%) Shares 379,636 (+3.0%) Est. Cost $21.41 Unrealized —

EIX EDISON INTL 0.1%

Value ($000) $822 (+33.6%) Shares 13,700 (+23.0%) Est. Cost $50.59 Unrealized +13.3%

ETN EATON CORP PLC 0.8%

Value ($000) $5,045 (+4.1%) Shares 15,840 (+22.3%) Est. Cost $196.05 Unrealized +80.8%

HASI HA SUSTAINABLE INFRA CAP INC 0.8%

Value ($000) $5,216 (+3.9%) Shares 165,957 (+1.5%) Est. Cost $22.47 Unrealized +38.4%

GSLC GOLDMAN SACHS ETF TR 0.1%

Value ($000) $664 (+35.6%) Shares 5,017 (+33.4%) Est. Cost $115.66 Unrealized —

NFLX NETFLIX INC 0.2%

Value ($000) $1,609 (-8.1%) Shares 17,160 (+1074.5%) Est. Cost $101.20 Unrealized +6.5%

BEP BROOKFIELD RENEWABLE PARTNER 0.3%

Value ($000) $1,781 (+8.7%) Shares 66,045 (+3.9%) Est. Cost $31.47 Unrealized —

T AT&T INC 0.2%

Value ($000) $1,136 (-10.6%) Shares 45,729 (+1.7%) Est. Cost $15.57 Unrealized +62.4%

DRI DARDEN RESTAURANTS INC 0.1%

Value ($000) $943 (+15.8%) Shares 5,125 (+19.7%) Est. Cost $170.66 Unrealized +6.7%

COST COSTCO WHSL CORP NEW 1.5%

Value ($000) $9,659 (-1.3%) Shares 11,200 (+6.0%) Est. Cost $270.87 Unrealized +234.4%

BSJR INVESCO EXCH TRD SLF IDX FD 1.2%

Value ($000) $7,969 (+1.5%) Shares 352,387 (+2.1%) Est. Cost $21.78 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $411 (+36.2%) Shares 2,870 (+46.1%) Est. Cost $158.66 Unrealized -7.2%

BSJT INVESCO EXCH TRD SLF IDX FD 1.2%

Value ($000) $7,788 (+1.2%) Shares 362,072 (+1.5%) Est. Cost $21.25 Unrealized —

CRSP CRISPR THERAPEUTICS AG 0.1%

Value ($000) $661 (-11.8%) Shares 12,600 (+9.0%) Est. Cost $55.79 Unrealized +7.3%

CVX CHEVRON CORP NEW 0.4%

Value ($000) $2,332 (+3.7%) Shares 15,302 (+5.7%) Est. Cost $131.04 Unrealized +15.5%

BSCQ INVESCO EXCH TRD SLF IDX FD 0.6%

Value ($000) $3,850 (+2.2%) Shares 196,655 (+2.1%) Est. Cost $19.37 Unrealized —

GSIE GOLDMAN SACHS ETF TR 0.1%

Value ($000) $405 (+24.8%) Shares 9,443 (+19.5%) Est. Cost $36.84 Unrealized —

WSM WILLIAMS SONOMA INC 1.0%

Value ($000) $6,274 (+1.1%) Shares 35,133 (+10.7%) Est. Cost $119.28 Unrealized +57.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.1%

Value ($000) $363 (+21.5%) Shares 1,193 (+11.7%) Est. Cost $239.91 Unrealized —

IBB ISHARES TR 0.1%

Value ($000) $385 (+18.8%) Shares 2,283 (+1.6%) Est. Cost $130.39 Unrealized —

EMR EMERSON ELEC CO 0.1%

Value ($000) $895 (+5.5%) Shares 6,742 (+4.3%) Est. Cost $103.11 Unrealized +28.4%

EQAL INVESCO EXCH TRADED FD TR II 0.2%

Value ($000) $1,410 (+2.7%) Shares 26,785 (+1.4%) Est. Cost $36.51 Unrealized —

J JACOBS SOLUTIONS INC 1.1%

Value ($000) $7,312 (-0.4%) Shares 55,203 (+12.6%) Est. Cost $112.20 Unrealized +30.5%

QQQ INVESCO QQQ TR 0.0%

Value ($000) $245 (+13.3%) Shares 399 (+10.8%) Est. Cost $557.43 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.1%

Value ($000) $509 (+5.4%) Shares 892 (+12.6%) Est. Cost $314.10 Unrealized +84.3%

RSPT INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $667 (+3.5%) Shares 14,667 (+1.4%) Est. Cost $44.28 Unrealized —

XLF SELECT SECTOR SPDR TR 0.1%

Value ($000) $361 (+5.5%) Shares 6,595 (+3.7%) Est. Cost $35.71 Unrealized —

BN BROOKFIELD CORP 0.0%

Value ($000) $229 (-6.5%) Shares 4,993 (+39.7%) Est. Cost $39.85 Unrealized +14.3%

IYJ ISHARES TR 0.1%

Value ($000) $333 (+4.4%) Shares 2,248 (+2.8%) Est. Cost $102.61 Unrealized —

XLB SELECT SECTOR SPDR TR 0.0%

Value ($000) $314 (+4.7%) Shares 6,935 (+106.8%) Est. Cost $62.12 Unrealized —

META META PLATFORMS INC 0.1%

Value ($000) $593 (+1.1%) Shares 898 (+12.5%) Est. Cost $645.27 Unrealized +3.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	8,024 (+167.1%)	$5,496 (+173.4%)	0.8%	$638.88	—	CORE S&P500 ETF	464287200
CRM	SALESFORCE INC	17,394 (+82.7%)	$4,608 (+104.2%)	0.7%	$249.95	-0.7%	COM	79466L302
MSFT	MICROSOFT CORP	54,968 (+1.6%)	$26,584 (-5.1%)	4.1%	$355.42	+40.8%	COM	594918104
UBER	UBER TECHNOLOGIES INC	49,331 (+79.3%)	$4,031 (+49.5%)	0.6%	$85.03	+5.9%	COM	90353T100
URI	UNITED RENTALS INC	10,749 (+2.7%)	$8,699 (-12.9%)	1.3%	$584.35	+48.4%	COM	911363109
PRU	PRUDENTIAL FINL INC	80,330 (+7.1%)	$9,068 (+16.6%)	1.4%	$94.88	+12.3%	COM	744320102
OKE	ONEOK INC NEW	206,515 (+7.8%)	$15,179 (+8.6%)	2.3%	$45.79	+53.9%	COM	682680103
BSJV	INVESCO EXCH TRD SLF IDX FD	68,348 (+181.0%)	$1,825 (+180.0%)	0.3%	$26.73	—	INVESCO BULLETSH	46139W817
DHR	DANAHER CORPORATION	27,190 (+5.6%)	$6,224 (+22.0%)	1.0%	$225.98	-2.8%	COM	235851102
PANW	PALO ALTO NETWORKS INC	79,334 (+3.1%)	$14,613 (-6.7%)	2.2%	$134.90	+49.6%	COM	697435105
LH	LABCORP HOLDINGS INC	32,789 (+4.3%)	$8,226 (-8.9%)	1.3%	$209.14	+26.8%	COM SHS	504922105
TTEK	TETRA TECH INC NEW	102,422 (+25.3%)	$3,435 (+25.9%)	0.5%	$34.60	-2.3%	COM	88162G103
BX	BLACKSTONE INC	52,492 (+20.5%)	$8,091 (+8.7%)	1.2%	$90.03	+68.2%	COM	09260D107
BSJU	INVESCO EXCH TRD SLF IDX FD	242,794 (+11.2%)	$6,338 (+10.9%)	1.0%	$25.88	—	BULLETSHS 2030	46139W841
MRVL	MARVELL TECHNOLOGY INC	30,106 (+30.6%)	$2,558 (+32.0%)	0.4%	$76.77	+13.9%	COM	573874104
BSCV	INVESCO EXCH TRD SLF IDX FD	91,362 (+57.4%)	$1,525 (+57.5%)	0.2%	$16.63	—	BULETSHS 2031 CP	46138J429
KMI	KINDER MORGAN INC DEL	150,285 (+18.7%)	$4,131 (+15.2%)	0.6%	$19.21	+40.1%	COM	49456B101
BSCR	INVESCO EXCH TRD SLF IDX FD	283,194 (+10.4%)	$5,590 (+10.6%)	0.9%	$19.44	—	BULSHS 2027 CB	46138J783
BSCU	INVESCO EXCH TRD SLF IDX FD	234,944 (+15.0%)	$3,975 (+15.1%)	0.6%	$16.63	—	INVSCO 30 CORP	46138J460
HON	HONEYWELL INTL INC	24,298 (+18.6%)	$4,740 (+9.9%)	0.7%	$147.56	+32.2%	COM	438516106
BSCT	INVESCO EXCH TRD SLF IDX FD	307,038 (+6.8%)	$5,783 (+6.9%)	0.9%	$18.50	—	BULETSHS 2029	46138J577
PFE	PFIZER INC	86,545 (+23.1%)	$2,155 (+20.3%)	0.3%	$26.39	-5.1%	COM	717081103
PWR	QUANTA SVCS INC	17,373 (+3.0%)	$7,332 (+4.9%)	1.1%	$212.03	+107.2%	COM	74762E102
WDAY	WORKDAY INC	4,615 (+58.6%)	$991 (+41.5%)	0.2%	$174.68	+30.1%	CL A	98138H101
LOW	LOWES COS INC	54,958 (+2.1%)	$13,254 (-2.0%)	2.0%	$85.80	+179.5%	COM	548661107
GEV	GE VERNOVA INC	5,672 (+1.2%)	$3,707 (+7.6%)	0.6%	$167.54	+263.5%	COM	36828A101
BSCS	INVESCO EXCH TRD SLF IDX FD	316,637 (+3.8%)	$6,523 (+4.0%)	1.0%	$20.20	—	INVSCO BLSH 28	46138J643
SHW	SHERWIN WILLIAMS CO	2,788 (+47.1%)	$903 (+37.7%)	0.1%	$257.46	+29.8%	COM	824348106
BSJS	INVESCO EXCH TRD SLF IDX FD	379,636 (+3.0%)	$8,352 (+2.7%)	1.3%	$21.41	—	INVSCO 28 HYCORP	46138J452
EIX	EDISON INTL	13,700 (+23.0%)	$822 (+33.6%)	0.1%	$50.59	+13.3%	COM	281020107
ETN	EATON CORP PLC	15,840 (+22.3%)	$5,045 (+4.1%)	0.8%	$196.05	+80.8%	SHS	G29183103
HASI	HA SUSTAINABLE INFRA CAP INC	165,957 (+1.5%)	$5,216 (+3.9%)	0.8%	$22.47	+38.4%	COM	41068X100
GSLC	GOLDMAN SACHS ETF TR	5,017 (+33.4%)	$664 (+35.6%)	0.1%	$115.66	—	ACTIVEBETA US LG	381430503
NFLX	NETFLIX INC	17,160 (+1074.5%)	$1,609 (-8.1%)	0.2%	$101.20	+6.5%	COM	64110L106
BEP	BROOKFIELD RENEWABLE PARTNER	66,045 (+3.9%)	$1,781 (+8.7%)	0.3%	$31.47	—	PARTNERSHIP UNIT	G16258108
T	AT&T INC	45,729 (+1.7%)	$1,136 (-10.6%)	0.2%	$15.57	+62.4%	COM	00206R102
DRI	DARDEN RESTAURANTS INC	5,125 (+19.7%)	$943 (+15.8%)	0.1%	$170.66	+6.7%	COM	237194105
COST	COSTCO WHSL CORP NEW	11,200 (+6.0%)	$9,659 (-1.3%)	1.5%	$270.87	+234.4%	COM	22160K105
BSJR	INVESCO EXCH TRD SLF IDX FD	352,387 (+2.1%)	$7,969 (+1.5%)	1.2%	$21.78	—	BULETSHS 2027	46138J585
PG	PROCTER AND GAMBLE CO	2,870 (+46.1%)	$411 (+36.2%)	0.1%	$158.66	-7.2%	COM	742718109
BSJT	INVESCO EXCH TRD SLF IDX FD	362,072 (+1.5%)	$7,788 (+1.2%)	1.2%	$21.25	—	BULETSHS 2029 HG	46138J395
CRSP	CRISPR THERAPEUTICS AG	12,600 (+9.0%)	$661 (-11.8%)	0.1%	$55.79	+7.3%	NAMEN AKT	H17182108
CVX	CHEVRON CORP NEW	15,302 (+5.7%)	$2,332 (+3.7%)	0.4%	$131.04	+15.5%	COM	166764100
BSCQ	INVESCO EXCH TRD SLF IDX FD	196,655 (+2.1%)	$3,850 (+2.2%)	0.6%	$19.37	—	BULSHS 2026 CB	46138J791
GSIE	GOLDMAN SACHS ETF TR	9,443 (+19.5%)	$405 (+24.8%)	0.1%	$36.84	—	ACTIVEBETA INT	381430107
WSM	WILLIAMS SONOMA INC	35,133 (+10.7%)	$6,274 (+1.1%)	1.0%	$119.28	+57.0%	COM	969904101
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,193 (+11.7%)	$363 (+21.5%)	0.1%	$239.91	—	SPONSORED ADS	874039100
IBB	ISHARES TR	2,283 (+1.6%)	$385 (+18.8%)	0.1%	$130.39	—	ISHARES BIOTECH	464287556
EMR	EMERSON ELEC CO	6,742 (+4.3%)	$895 (+5.5%)	0.1%	$103.11	+28.4%	COM	291011104
EQAL	INVESCO EXCH TRADED FD TR II	26,785 (+1.4%)	$1,410 (+2.7%)	0.2%	$36.51	—	RUSEL 1000 EQL	46138E420
J	JACOBS SOLUTIONS INC	55,203 (+12.6%)	$7,312 (-0.4%)	1.1%	$112.20	+30.5%	COM	46982L108
QQQ	INVESCO QQQ TR	399 (+10.8%)	$245 (+13.3%)	0.0%	$557.43	—	UNIT SER 1	46090E103
NOC	NORTHROP GRUMMAN CORP	892 (+12.6%)	$509 (+5.4%)	0.1%	$314.10	+84.3%	COM	666807102
RSPT	INVESCO EXCHANGE TRADED FD T	14,667 (+1.4%)	$667 (+3.5%)	0.1%	$44.28	—	S&P500 EQL TEC	46137V282
XLF	SELECT SECTOR SPDR TR	6,595 (+3.7%)	$361 (+5.5%)	0.1%	$35.71	—	STATE STREET FIN	81369Y605
BN	BROOKFIELD CORP	4,993 (+39.7%)	$229 (-6.5%)	0.0%	$39.85	+14.3%	CL A LTD VT SH	11271J107
IYJ	ISHARES TR	2,248 (+2.8%)	$333 (+4.4%)	0.1%	$102.61	—	US INDUSTRIALS	464287754
XLB	SELECT SECTOR SPDR TR	6,935 (+106.8%)	$314 (+4.7%)	0.0%	$62.12	—	STATE STREET MAT	81369Y100
META	META PLATFORMS INC	898 (+12.5%)	$593 (+1.1%)	0.1%	$645.27	+3.4%	CL A	30303M102

Exited Positions (10)

BSJP INVESCO EXCH TRD SLF IDX FD 0.2%

Value ($000) $1,374 Shares 59,596 Est. Cost $23.94 Unrealized —

XEL XCEL ENERGY INC 0.1%

Value ($000) $800 Shares 9,920 Est. Cost $67.81 Unrealized +15.4%

— INVESCO EXCH TRD SLF IDX FD 0.1%

Value ($000) $624 Shares 30,170 Est. Cost $21.45 Unrealized —

SYY SYSCO CORP 0.1%

Value ($000) $407 Shares 4,941 Est. Cost $60.13 Unrealized +25.6%

JPST J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $376 Shares 7,417 Est. Cost $50.68 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.0%

Value ($000) $254 Shares 3,913 Est. Cost $61.31 Unrealized —

VEEV VEEVA SYS INC 0.0%

Value ($000) $217 Shares 728 Est. Cost $248.00 Unrealized +7.0%

ORCL ORACLE CORP 0.0%

Value ($000) $204 Shares 727 Est. Cost $254.17 Unrealized -6.3%

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value ($000) $204 Shares 1,120 Est. Cost $162.07 Unrealized +11.7%

INVZ INNOVIZ TECHNOLOGIES LTD 0.0%

Value ($000) $53 Shares 26,000 Est. Cost $1.70 Unrealized -7.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BSJP	INVESCO EXCH TRD SLF IDX FD	59,596	$1,374	0.2%	$23.94	—	—	46138J817
XEL	XCEL ENERGY INC	9,920	$800	0.1%	$67.81	+15.4%	—	98389B100
—	INVESCO EXCH TRD SLF IDX FD	30,170	$624	0.1%	$21.45	—	—	46138J825
SYY	SYSCO CORP	4,941	$407	0.1%	$60.13	+25.6%	—	871829107
JPST	J P MORGAN EXCHANGE TRADED F	7,417	$376	0.1%	$50.68	—	—	46641Q837
IBIT	ISHARES BITCOIN TRUST ETF	3,913	$254	0.0%	$61.31	—	—	46438F101
VEEV	VEEVA SYS INC	728	$217	0.0%	$248.00	+7.0%	—	922475108
ORCL	ORACLE CORP	727	$204	0.0%	$254.17	-6.3%	—	68389X105
PLTR	PALANTIR TECHNOLOGIES INC	1,120	$204	0.0%	$162.07	+11.7%	—	69608A108
INVZ	INNOVIZ TECHNOLOGIES LTD	26,000	$53	0.0%	$1.70	-7.1%	—	M5R635108

Decreased Positions (51)

FISV FISERV INC 0.3%

Value ($000) $2,042 (-75.4%) Shares 30,407 (-52.8%) Est. Cost $133.37 Unrealized -37.1%

GOOG ALPHABET INC 1.8%

Value ($000) $12,014 (+19.8%) Shares 38,286 (-7.0%) Est. Cost $120.67 Unrealized +137.3%

LLY ELI LILLY & CO 1.0%

Value ($000) $6,541 (+37.3%) Shares 6,086 (-2.5%) Est. Cost $765.05 Unrealized +24.9%

ABBV ABBVIE INC 0.7%

Value ($000) $4,457 (-26.0%) Shares 19,507 (-25.1%) Est. Cost $80.73 Unrealized +181.8%

IQV IQVIA HLDGS INC 1.7%

Value ($000) $10,824 (+16.5%) Shares 48,019 (-1.8%) Est. Cost $200.01 Unrealized +8.8%

EXPE EXPEDIA GROUP INC 1.1%

Value ($000) $7,025 (+25.2%) Shares 24,797 (-5.5%) Est. Cost $173.73 Unrealized +42.1%

AWK AMERICAN WTR WKS CO INC NEW 0.8%

Value ($000) $4,912 (-21.6%) Shares 37,643 (-16.4%) Est. Cost $103.12 Unrealized +29.2%

FSLR FIRST SOLAR INC 2.6%

Value ($000) $16,734 (+8.7%) Shares 64,059 (-8.2%) Est. Cost $128.32 Unrealized +96.5%

CMI CUMMINS INC 1.8%

Value ($000) $11,569 (+13.0%) Shares 22,664 (-6.5%) Est. Cost $186.16 Unrealized +150.5%

AMD ADVANCED MICRO DEVICES INC 1.0%

Value ($000) $6,342 (+26.1%) Shares 29,615 (-4.8%) Est. Cost $105.36 Unrealized +113.2%

ABT ABBOTT LABS 1.5%

Value ($000) $9,585 (-10.5%) Shares 76,500 (-4.3%) Est. Cost $58.62 Unrealized +117.2%

GOOGL ALPHABET INC 2.3%

Value ($000) $14,800 (+8.0%) Shares 47,283 (-16.1%) Est. Cost $125.94 Unrealized +126.8%

AMAT APPLIED MATLS INC 0.8%

Value ($000) $5,292 (+23.1%) Shares 20,593 (-2.0%) Est. Cost $72.39 Unrealized +230.8%

ULTA ULTA BEAUTY INC 0.3%

Value ($000) $2,205 (-26.2%) Shares 3,644 (-33.3%) Est. Cost $383.79 Unrealized +43.2%

DE DEERE & CO 0.3%

Value ($000) $1,908 (-28.8%) Shares 4,099 (-30.1%) Est. Cost $381.06 Unrealized +22.7%

WY WEYERHAEUSER CO MTN BE 0.6%

Value ($000) $3,747 (-14.2%) Shares 158,161 (-10.2%) Est. Cost $21.62 Unrealized +6.3%

ZTS ZOETIS INC 0.4%

Value ($000) $2,798 (-17.8%) Shares 22,239 (-4.4%) Est. Cost $154.62 Unrealized -15.8%

BDX BECTON DICKINSON & CO 0.7%

Value ($000) $4,645 (-10.6%) Shares 23,937 (-13.8%) Est. Cost $143.27 Unrealized +32.3%

TNC TENNANT CO 0.2%

Value ($000) $1,054 (-33.2%) Shares 14,300 (-26.6%) Est. Cost $57.61 Unrealized +32.3%

JNJ JOHNSON & JOHNSON 0.9%

Value ($000) $5,704 (+9.9%) Shares 27,564 (-1.6%) Est. Cost $127.28 Unrealized +54.8%

NVDA NVIDIA CORPORATION 3.9%

Value ($000) $25,293 (-1.8%) Shares 135,619 (-1.7%) Est. Cost $92.81 Unrealized +100.5%

LHX L3HARRIS TECHNOLOGIES INC 1.2%

Value ($000) $7,603 (-5.1%) Shares 25,899 (-1.3%) Est. Cost $179.73 Unrealized +60.5%

IBM INTERNATIONAL BUSINESS MACHS 1.5%

Value ($000) $10,106 (+3.3%) Shares 34,119 (-1.6%) Est. Cost $115.92 Unrealized +157.8%

BA BOEING CO 0.0%

Value ($000) $257 (-52.5%) Shares 1,182 (-52.8%) Est. Cost $183.92 Unrealized +11.8%

BSJQ INVESCO EXCH TRD SLF IDX FD 1.1%

Value ($000) $7,017 (-3.7%) Shares 300,632 (-3.4%) Est. Cost $23.44 Unrealized —

AVGO BROADCOM INC 2.8%

Value ($000) $18,173 (+1.5%) Shares 52,509 (-3.3%) Est. Cost $146.41 Unrealized +143.8%

CLF CLEVELAND-CLIFFS INC NEW 1.8%

Value ($000) $12,049 (-1.5%) Shares 907,330 (-9.5%) Est. Cost $10.06 Unrealized +25.5%

DCI DONALDSON INC 0.9%

Value ($000) $6,100 (-2.8%) Shares 68,802 (-10.3%) Est. Cost $36.89 Unrealized +134.3%

SHOP SHOPIFY INC 0.1%

Value ($000) $581 (-23.1%) Shares 3,610 (-29.0%) Est. Cost $119.60 Unrealized +34.2%

JEPI J P MORGAN EXCHANGE TRADED F 0.3%

Value ($000) $2,238 (-7.0%) Shares 39,101 (-7.2%) Est. Cost $57.14 Unrealized —

GLW CORNING INC 0.3%

Value ($000) $2,116 (-4.9%) Shares 24,161 (-10.9%) Est. Cost $16.18 Unrealized +431.4%

AAPL APPLE INC 3.6%

Value ($000) $23,651 (-0.4%) Shares 86,997 (-6.8%) Est. Cost $100.07 Unrealized +168.2%

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value ($000) $762 (-11.6%) Shares 14,122 (-26.1%) Est. Cost $46.28 Unrealized +2.7%

AMZN AMAZON COM INC 2.6%

Value ($000) $16,909 (+0.6%) Shares 73,257 (-4.3%) Est. Cost $143.03 Unrealized +60.0%

JPM JPMORGAN CHASE & CO. 3.0%

Value ($000) $19,584 (-0.5%) Shares 60,778 (-2.6%) Est. Cost $100.03 Unrealized +209.4%

QUIK QUICKLOGIC CORP 0.0%

Value ($000) $179 (-27.5%) Shares 29,862 (-26.9%) Est. Cost $5.91 Unrealized +9.6%

IAU ISHARES GOLD TR 0.1%

Value ($000) $774 (+9.4%) Shares 9,532 (-1.9%) Est. Cost $58.96 Unrealized —

PI IMPINJ INC 0.1%

Value ($000) $586 (-9.5%) Shares 3,370 (-6.0%) Est. Cost $43.90 Unrealized +305.8%

PNW PINNACLE WEST CAP CORP 0.3%

Value ($000) $2,052 (-2.8%) Shares 23,135 (-1.7%) Est. Cost $68.53 Unrealized +30.2%

THO THOR INDS INC 0.1%

Value ($000) $594 (-8.5%) Shares 5,785 (-7.6%) Est. Cost $68.46 Unrealized +50.9%

HD HOME DEPOT INC 0.0%

Value ($000) $216 (-17.7%) Shares 627 (-3.1%) Est. Cost $390.91 Unrealized -6.7%

AGGY WISDOMTREE TR 0.1%

Value ($000) $385 (-9.7%) Shares 8,748 (-9.2%) Est. Cost $43.43 Unrealized —

CLH CLEAN HARBORS INC 0.1%

Value ($000) $893 (-3.1%) Shares 3,810 (-4.0%) Est. Cost $59.33 Unrealized +285.1%

VRT VERTIV HOLDINGS CO 0.1%

Value ($000) $489 (+6.2%) Shares 3,020 (-1.1%) Est. Cost $113.72 Unrealized +52.6%

EWBC EAST WEST BANCORP INC 0.2%

Value ($000) $1,201 (+1.9%) Shares 10,685 (-3.5%) Est. Cost $51.11 Unrealized +105.8%

GLD SPDR GOLD TR 0.0%

Value ($000) $222 (-9.0%) Shares 560 (-18.4%) Est. Cost $304.83 Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value ($000) $367 (-4.9%) Shares 643 (-5.3%) Est. Cost $542.01 Unrealized +3.1%

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $281 (-6.2%) Shares 1,749 (-5.2%) Est. Cost $136.99 Unrealized +12.1%

TSLA TESLA INC 0.1%

Value ($000) $608 (-2.6%) Shares 1,352 (-3.7%) Est. Cost $283.87 Unrealized +56.2%

CME CME GROUP INC 0.0%

Value ($000) $238 (-6.0%) Shares 872 (-7.0%) Est. Cost $242.42 Unrealized +11.7%

IEF ISHARES TR 0.0%

Value ($000) $323 (-2.8%) Shares 3,359 (-2.5%) Est. Cost $95.37 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	30,407 (-52.8%)	$2,042 (-75.4%)	0.3%	$133.37	-37.1%	COM	337738108
GOOG	ALPHABET INC	38,286 (-7.0%)	$12,014 (+19.8%)	1.8%	$120.67	+137.3%	CAP STK CL C	02079K107
LLY	ELI LILLY & CO	6,086 (-2.5%)	$6,541 (+37.3%)	1.0%	$765.05	+24.9%	COM	532457108
ABBV	ABBVIE INC	19,507 (-25.1%)	$4,457 (-26.0%)	0.7%	$80.73	+181.8%	COM	00287Y109
IQV	IQVIA HLDGS INC	48,019 (-1.8%)	$10,824 (+16.5%)	1.7%	$200.01	+8.8%	COM	46266C105
EXPE	EXPEDIA GROUP INC	24,797 (-5.5%)	$7,025 (+25.2%)	1.1%	$173.73	+42.1%	COM NEW	30212P303
AWK	AMERICAN WTR WKS CO INC NEW	37,643 (-16.4%)	$4,912 (-21.6%)	0.8%	$103.12	+29.2%	COM	030420103
FSLR	FIRST SOLAR INC	64,059 (-8.2%)	$16,734 (+8.7%)	2.6%	$128.32	+96.5%	COM	336433107
CMI	CUMMINS INC	22,664 (-6.5%)	$11,569 (+13.0%)	1.8%	$186.16	+150.5%	COM	231021106
AMD	ADVANCED MICRO DEVICES INC	29,615 (-4.8%)	$6,342 (+26.1%)	1.0%	$105.36	+113.2%	COM	007903107
ABT	ABBOTT LABS	76,500 (-4.3%)	$9,585 (-10.5%)	1.5%	$58.62	+117.2%	COM	002824100
GOOGL	ALPHABET INC	47,283 (-16.1%)	$14,800 (+8.0%)	2.3%	$125.94	+126.8%	CAP STK CL A	02079K305
AMAT	APPLIED MATLS INC	20,593 (-2.0%)	$5,292 (+23.1%)	0.8%	$72.39	+230.8%	COM	038222105
ULTA	ULTA BEAUTY INC	3,644 (-33.3%)	$2,205 (-26.2%)	0.3%	$383.79	+43.2%	COM	90384S303
DE	DEERE & CO	4,099 (-30.1%)	$1,908 (-28.8%)	0.3%	$381.06	+22.7%	COM	244199105
WY	WEYERHAEUSER CO MTN BE	158,161 (-10.2%)	$3,747 (-14.2%)	0.6%	$21.62	+6.3%	COM NEW	962166104
ZTS	ZOETIS INC	22,239 (-4.4%)	$2,798 (-17.8%)	0.4%	$154.62	-15.8%	CL A	98978V103
BDX	BECTON DICKINSON & CO	23,937 (-13.8%)	$4,645 (-10.6%)	0.7%	$143.27	+32.3%	COM	075887109
TNC	TENNANT CO	14,300 (-26.6%)	$1,054 (-33.2%)	0.2%	$57.61	+32.3%	COM	880345103
JNJ	JOHNSON & JOHNSON	27,564 (-1.6%)	$5,704 (+9.9%)	0.9%	$127.28	+54.8%	COM	478160104
NVDA	NVIDIA CORPORATION	135,619 (-1.7%)	$25,293 (-1.8%)	3.9%	$92.81	+100.5%	COM	67066G104
LHX	L3HARRIS TECHNOLOGIES INC	25,899 (-1.3%)	$7,603 (-5.1%)	1.2%	$179.73	+60.5%	COM	502431109
IBM	INTERNATIONAL BUSINESS MACHS	34,119 (-1.6%)	$10,106 (+3.3%)	1.5%	$115.92	+157.8%	COM	459200101
BA	BOEING CO	1,182 (-52.8%)	$257 (-52.5%)	0.0%	$183.92	+11.8%	COM	097023105
BSJQ	INVESCO EXCH TRD SLF IDX FD	300,632 (-3.4%)	$7,017 (-3.7%)	1.1%	$23.44	—	INVSCO BLSH 26	46138J635
AVGO	BROADCOM INC	52,509 (-3.3%)	$18,173 (+1.5%)	2.8%	$146.41	+143.8%	COM	11135F101
CLF	CLEVELAND-CLIFFS INC NEW	907,330 (-9.5%)	$12,049 (-1.5%)	1.8%	$10.06	+25.5%	COM	185899101
DCI	DONALDSON INC	68,802 (-10.3%)	$6,100 (-2.8%)	0.9%	$36.89	+134.3%	COM	257651109
SHOP	SHOPIFY INC	3,610 (-29.0%)	$581 (-23.1%)	0.1%	$119.60	+34.2%	CL A SUB VTG SHS	82509L107
JEPI	J P MORGAN EXCHANGE TRADED F	39,101 (-7.2%)	$2,238 (-7.0%)	0.3%	$57.14	—	EQUITY PREMIUM	46641Q332
GLW	CORNING INC	24,161 (-10.9%)	$2,116 (-4.9%)	0.3%	$16.18	+431.4%	COM	219350105
AAPL	APPLE INC	86,997 (-6.8%)	$23,651 (-0.4%)	3.6%	$100.07	+168.2%	COM	037833100
BMY	BRISTOL-MYERS SQUIBB CO	14,122 (-26.1%)	$762 (-11.6%)	0.1%	$46.28	+2.7%	COM	110122108
AMZN	AMAZON COM INC	73,257 (-4.3%)	$16,909 (+0.6%)	2.6%	$143.03	+60.0%	COM	023135106
JPM	JPMORGAN CHASE & CO.	60,778 (-2.6%)	$19,584 (-0.5%)	3.0%	$100.03	+209.4%	COM	46625H100
QUIK	QUICKLOGIC CORP	29,862 (-26.9%)	$179 (-27.5%)	0.0%	$5.91	+9.6%	COM NEW	74837P405
IAU	ISHARES GOLD TR	9,532 (-1.9%)	$774 (+9.4%)	0.1%	$58.96	—	ISHARES NEW	464285204
PI	IMPINJ INC	3,370 (-6.0%)	$586 (-9.5%)	0.1%	$43.90	+305.8%	COM	453204109
PNW	PINNACLE WEST CAP CORP	23,135 (-1.7%)	$2,052 (-2.8%)	0.3%	$68.53	+30.2%	COM	723484101
THO	THOR INDS INC	5,785 (-7.6%)	$594 (-8.5%)	0.1%	$68.46	+50.9%	COM	885160101
HD	HOME DEPOT INC	627 (-3.1%)	$216 (-17.7%)	0.0%	$390.91	-6.7%	COM	437076102
AGGY	WISDOMTREE TR	8,748 (-9.2%)	$385 (-9.7%)	0.1%	$43.43	—	YIELD ENHANCD US	97717X511
CLH	CLEAN HARBORS INC	3,810 (-4.0%)	$893 (-3.1%)	0.1%	$59.33	+285.1%	COM	184496107
VRT	VERTIV HOLDINGS CO	3,020 (-1.1%)	$489 (+6.2%)	0.1%	$113.72	+52.6%	COM CL A	92537N108
EWBC	EAST WEST BANCORP INC	10,685 (-3.5%)	$1,201 (+1.9%)	0.2%	$51.11	+105.8%	COM	27579R104
GLD	SPDR GOLD TR	560 (-18.4%)	$222 (-9.0%)	0.0%	$304.83	—	GOLD SHS	78463V107
MA	MASTERCARD INCORPORATED	643 (-5.3%)	$367 (-4.9%)	0.1%	$542.01	+3.1%	CL A	57636Q104
PM	PHILIP MORRIS INTL INC	1,749 (-5.2%)	$281 (-6.2%)	0.0%	$136.99	+12.1%	COM	718172109
TSLA	TESLA INC	1,352 (-3.7%)	$608 (-2.6%)	0.1%	$283.87	+56.2%	COM	88160R101
CME	CME GROUP INC	872 (-7.0%)	$238 (-6.0%)	0.0%	$242.42	+11.7%	COM	12572Q105
IEF	ISHARES TR	3,359 (-2.5%)	$323 (-2.8%)	0.0%	$95.37	—	7-10 YR TRSY BD	464287440

Unchanged Positions (27)

USB US BANCORP DEL 1.9%

Value ($000) $12,367 Shares 231,758 Est. Cost $35.03 Unrealized +39.1%

FDX FEDEX CORP 0.8%

Value ($000) $4,983 Shares 17,252 Est. Cost $205.74 Unrealized +27.1%

NEE NEXTERA ENERGY INC 2.3%

Value ($000) $14,717 Shares 183,320 Est. Cost $60.02 Unrealized +37.5%

ROP ROPER TECHNOLOGIES INC 0.7%

Value ($000) $4,689 Shares 10,535 Est. Cost $434.32 Unrealized +6.4%

CSCO CISCO SYS INC 0.7%

Value ($000) $4,579 Shares 59,443 Est. Cost $37.87 Unrealized +94.9%

XYL XYLEM INC 0.9%

Value ($000) $5,913 Shares 43,420 Est. Cost $115.50 Unrealized +24.3%

QCOM QUALCOMM INC 2.5%

Value ($000) $16,439 Shares 96,107 Est. Cost $71.93 Unrealized +137.4%

KLAC KLA CORP 0.4%

Value ($000) $2,430 Shares 2,000 Est. Cost $748.55 Unrealized +56.6%

LMNR LIMONEIRA CO 0.1%

Value ($000) $758 Shares 60,010 Est. Cost $17.01 Unrealized -17.5%

AZN ASTRAZENECA PLC 0.1%

Value ($000) $559 Shares 6,085 Est. Cost $73.50 Unrealized —

F FORD MTR CO 0.2%

Value ($000) $1,080 Shares 82,295 Est. Cost $11.76 Unrealized +9.1%

GE GE AEROSPACE 0.6%

Value ($000) $3,959 Shares 12,853 Est. Cost $62.99 Unrealized +377.5%

VRME VERIFYME INC 0.0%

Value ($000) $76 Shares 126,675 Est. Cost $2.60 Unrealized -66.9%

WFC WELLS FARGO CO NEW 0.0%

Value ($000) $323 Shares 3,468 Est. Cost $66.76 Unrealized +29.8%

APH AMPHENOL CORP NEW 0.0%

Value ($000) $244 Shares 1,807 Est. Cost $109.40 Unrealized +22.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $2,267 Shares 4,510 Est. Cost $276.53 Unrealized +79.9%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $511 Shares 750 Est. Cost $559.39 Unrealized —

CGDV CAPITAL GROUP DIVIDEND VALUE 0.0%

Value ($000) $217 Shares 4,973 Est. Cost $42.03 Unrealized —

VUZI VUZIX CORP 0.0%

Value ($000) $38 Shares 10,000 Est. Cost $2.36 Unrealized +33.2%

V VISA INC 0.0%

Value ($000) $240 Shares 685 Est. Cost $304.85 Unrealized +11.7%

CGUS CAPITAL GROUP CORE EQUITY ET 0.0%

Value ($000) $209 Shares 5,207 Est. Cost $39.54 Unrealized —

LRGF ISHARES TR 0.1%

Value ($000) $373 Shares 5,375 Est. Cost $57.88 Unrealized —

BKNG BOOKING HOLDINGS INC 0.0%

Value ($000) $214 Shares 40 Est. Cost $5094.53 Unrealized +0.9%

CMF ISHARES TR 0.0%

Value ($000) $230 Shares 3,997 Est. Cost $56.28 Unrealized —

IGHG PROSHARES TR 0.0%

Value ($000) $204 Shares 2,600 Est. Cost $78.35 Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $252 Shares 2,990 Est. Cost $56.30 Unrealized +49.3%

— NUVEEN PFD & INCOME OPPORTUN 0.0%

Value ($000) $104 Shares 12,816 Est. Cost $7.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
USB	US BANCORP DEL	231,758	$12,367	1.9%	$35.03	+39.1%	COM NEW	902973304
FDX	FEDEX CORP	17,252	$4,983	0.8%	$205.74	+27.1%	COM	31428X106
NEE	NEXTERA ENERGY INC	183,320	$14,717	2.3%	$60.02	+37.5%	COM	65339F101
ROP	ROPER TECHNOLOGIES INC	10,535	$4,689	0.7%	$434.32	+6.4%	COM	776696106
CSCO	CISCO SYS INC	59,443	$4,579	0.7%	$37.87	+94.9%	COM	17275R102
XYL	XYLEM INC	43,420	$5,913	0.9%	$115.50	+24.3%	COM	98419M100
QCOM	QUALCOMM INC	96,107	$16,439	2.5%	$71.93	+137.4%	COM	747525103
KLAC	KLA CORP	2,000	$2,430	0.4%	$748.55	+56.6%	COM NEW	482480100
LMNR	LIMONEIRA CO	60,010	$758	0.1%	$17.01	-17.5%	COM	532746104
AZN	ASTRAZENECA PLC	6,085	$559	0.1%	$73.50	—	SPONSORED ADR	046353108
F	FORD MTR CO	82,295	$1,080	0.2%	$11.76	+9.1%	COM	345370860
GE	GE AEROSPACE	12,853	$3,959	0.6%	$62.99	+377.5%	COM NEW	369604301
VRME	VERIFYME INC	126,675	$76	0.0%	$2.60	-66.9%	COM NEW	92346X206
WFC	WELLS FARGO CO NEW	3,468	$323	0.0%	$66.76	+29.8%	COM	949746101
APH	AMPHENOL CORP NEW	1,807	$244	0.0%	$109.40	+22.1%	CL A	032095101
BRK/B	BERKSHIRE HATHAWAY INC DEL	4,510	$2,267	0.3%	$276.53	+79.9%	CL B NEW	084670702
SPY	SPDR S&P 500 ETF TR	750	$511	0.1%	$559.39	—	TR UNIT	78462F103
CGDV	CAPITAL GROUP DIVIDEND VALUE	4,973	$217	0.0%	$42.03	—	SHS CREATION UNI	14020W106
VUZI	VUZIX CORP	10,000	$38	0.0%	$2.36	+33.2%	COM NEW	92921W300
V	VISA INC	685	$240	0.0%	$304.85	+11.7%	COM CL A	92826C839
CGUS	CAPITAL GROUP CORE EQUITY ET	5,207	$209	0.0%	$39.54	—	SHS CREATION UNI	14020V108
LRGF	ISHARES TR	5,375	$373	0.1%	$57.88	—	U S EQUITY FACTR	46434V282
BKNG	BOOKING HOLDINGS INC	40	$214	0.0%	$5094.53	+0.9%	COM	09857L108
CMF	ISHARES TR	3,997	$230	0.0%	$56.28	—	CALIF MUN BD ETF	464288356
IGHG	PROSHARES TR	2,600	$204	0.0%	$78.35	—	INVT INT RT HG	74347B607
SBUX	STARBUCKS CORP	2,990	$252	0.0%	$56.30	+49.3%	COM	855244109
—	NUVEEN PFD & INCOME OPPORTUN	12,816	$104	0.0%	$7.86	—	COM	67073B106