Baldwin Investment Management, LLC Diversified Active

CIK: 0001346378 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $885,788 (100.0% shares, 0.0% debt)

Holdings (207)

New Positions (5)

BA Boeing Co 0.1%

Value ($000) $488 Shares 2,247 Est. Cost $205.66 Unrealized 0.0%

NVR NVR Inc 0.1%

Value ($000) $474 Shares 65 Est. Cost $7476.40 Unrealized 0.0%

NFLX Netflix Inc 0.0%

Value ($000) $313 Shares 3,340 Est. Cost $107.81 Unrealized 0.0%

WFC Wells Fargo & Co. 0.0%

Value ($000) $221 Shares 2,372 Est. Cost $86.63 Unrealized 0.0%

INCY Incyte Corporation 0.0%

Value ($000) $211 Shares 2,140 Est. Cost $96.76 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BA	Boeing Co	2,247	$488	0.1%	$205.66	0.0%	Common Stock	097023105
NVR	NVR Inc	65	$474	0.1%	$7476.40	0.0%	Common Stock	62944T105
NFLX	Netflix Inc	3,340	$313	0.0%	$107.81	0.0%	Common Stock	64110L106
WFC	Wells Fargo & Co.	2,372	$221	0.0%	$86.63	0.0%	Common Stock	949746101
INCY	Incyte Corporation	2,140	$211	0.0%	$96.76	0.0%	Common Stock	45337C102

Increased Positions (33)

AVGO Broadcom Limited 2.9%

Value ($000) $25,411 (+6.7%) Shares 73,420 (+1.7%) Est. Cost $149.90 Unrealized +138.2%

RTX RTX Corp 0.9%

Value ($000) $8,226 (+13.7%) Shares 44,853 (+3.7%) Est. Cost $89.73 Unrealized +93.2%

BROS Dutch Bros Inc 0.1%

Value ($000) $1,073 (+200.7%) Shares 17,535 (+157.1%) Est. Cost $59.31 Unrealized -4.2%

IMNM Immunome, Inc. 0.1%

Value ($000) $1,013 (+240.7%) Shares 47,167 (+85.7%) Est. Cost $12.13 Unrealized +44.7%

ETN Eaton Corp 0.5%

Value ($000) $4,120 (-13.4%) Shares 12,935 (+1.8%) Est. Cost $201.69 Unrealized +75.7%

COF Capital One Financial 0.4%

Value ($000) $3,585 (+21.1%) Shares 14,790 (+6.2%) Est. Cost $97.98 Unrealized +126.8%

ADSK Autodesk Inc 0.2%

Value ($000) $1,430 (+53.8%) Shares 4,832 (+65.1%) Est. Cost $190.03 Unrealized +59.2%

SPGI S&P Global Inc 0.6%

Value ($000) $5,472 (+9.8%) Shares 10,471 (+2.2%) Est. Cost $372.81 Unrealized +32.6%

DELL Dell Inc 0.1%

Value ($000) $795 (+157.5%) Shares 6,317 (+190.0%) Est. Cost $126.98 Unrealized +10.8%

COST Costco Wholesale Corp 1.1%

Value ($000) $9,793 (-4.2%) Shares 11,356 (+2.8%) Est. Cost $283.75 Unrealized +219.2%

PANW Palo Alto Networks 0.5%

Value ($000) $4,540 (-8.1%) Shares 24,648 (+1.6%) Est. Cost $158.19 Unrealized +27.5%

ULTA Ulta Beauty Inc. 0.2%

Value ($000) $2,050 (+13.9%) Shares 3,389 (+2.9%) Est. Cost $338.43 Unrealized +62.4%

IBM International Business Machines Corp 0.2%

Value ($000) $1,987 (+11.7%) Shares 6,709 (+6.4%) Est. Cost $147.68 Unrealized +102.3%

DRI Darden Restaurants Inc 0.3%

Value ($000) $2,217 (+8.6%) Shares 12,046 (+12.3%) Est. Cost $144.28 Unrealized +26.2%

SO Southern Company 0.2%

Value ($000) $1,486 (+13.0%) Shares 17,037 (+22.8%) Est. Cost $69.71 Unrealized +30.4%

ZS Zscaler Inc 0.2%

Value ($000) $1,549 (-7.8%) Shares 6,887 (+22.8%) Est. Cost $265.78 Unrealized +6.2%

PEP Pepsico Inc. 0.2%

Value ($000) $1,675 (+8.2%) Shares 11,669 (+5.9%) Est. Cost $109.19 Unrealized +33.6%

DIS Walt Disney Co 0.1%

Value ($000) $1,143 (+12.1%) Shares 10,042 (+12.8%) Est. Cost $120.03 Unrealized -8.7%

VTI Vanguard Total Stock Market ETF 0.3%

Value ($000) $2,560 (+4.4%) Shares 7,637 (+2.2%) Est. Cost $256.38 Unrealized —

NKE Nike Inc 0.2%

Value ($000) $1,376 (-6.5%) Shares 21,601 (+2.4%) Est. Cost $52.92 Unrealized +22.7%

META Meta Platforms Inc 0.2%

Value ($000) $1,533 (+6.4%) Shares 2,322 (+18.3%) Est. Cost $351.30 Unrealized +90.0%

VXUS Vanguard Total Interntl Stk 0.2%

Value ($000) $1,942 (+4.6%) Shares 25,743 (+1.9%) Est. Cost $59.87 Unrealized —

EXE Expand Energy Corp 0.1%

Value ($000) $837 (+10.7%) Shares 7,583 (+6.5%) Est. Cost $88.68 Unrealized +24.8%

ADP Automatic Data Processing Inc 0.1%

Value ($000) $798 (-8.1%) Shares 3,104 (+4.9%) Est. Cost $188.26 Unrealized +40.7%

AMRZ Amrize AG 0.1%

Value ($000) $486 (+16.3%) Shares 8,980 (+4.4%) Est. Cost $51.00 Unrealized +0.1%

MRVL Marvell Technology Group 0.1%

Value ($000) $867 (+7.5%) Shares 10,205 (+6.3%) Est. Cost $70.02 Unrealized +24.9%

VEA Vanguard FTSE Developed Markets ETF 0.0%

Value ($000) $281 (+27.2%) Shares 4,491 (+22.0%) Est. Cost $57.99 Unrealized —

DDOG Datadog Inc 0.1%

Value ($000) $1,160 (-2.0%) Shares 8,530 (+2.6%) Est. Cost $117.22 Unrealized +34.8%

AVUV Avantis US Small Cap Value ETF 0.0%

Value ($000) $280 (+7.3%) Shares 2,750 (+4.8%) Est. Cost $94.08 Unrealized —

CRWD Crowdstrike Hldgs Inc 0.0%

Value ($000) $394 (+5.0%) Shares 840 (+9.8%) Est. Cost $309.26 Unrealized +64.7%

XLK Technology Select Sector SPDR Fund 0.1%

Value ($000) $821 (+2.2%) Shares 5,700 (+100.0%) Est. Cost $108.56 Unrealized —

ARCC Ares Capital Corp 0.1%

Value ($000) $1,246 (+0.4%) Shares 61,575 (+1.3%) Est. Cost $15.97 Unrealized +23.9%

ITUB Itau UniBanco Multiplo ADR 0.1%

Value ($000) $533 (+0.5%) Shares 74,449 (+3.0%) Est. Cost $10.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	Broadcom Limited	73,420 (+1.7%)	$25,411 (+6.7%)	2.9%	$149.90	+138.2%	Common Stock	11135F101
RTX	RTX Corp	44,853 (+3.7%)	$8,226 (+13.7%)	0.9%	$89.73	+93.2%	Common Stock	75513E101
BROS	Dutch Bros Inc	17,535 (+157.1%)	$1,073 (+200.7%)	0.1%	$59.31	-4.2%	Common Stock	26701L100
IMNM	Immunome, Inc.	47,167 (+85.7%)	$1,013 (+240.7%)	0.1%	$12.13	+44.7%	Common Stock	45257U108
ETN	Eaton Corp	12,935 (+1.8%)	$4,120 (-13.4%)	0.5%	$201.69	+75.7%	Common Stock	G29183103
COF	Capital One Financial	14,790 (+6.2%)	$3,585 (+21.1%)	0.4%	$97.98	+126.8%	Common Stock	14040H105
ADSK	Autodesk Inc	4,832 (+65.1%)	$1,430 (+53.8%)	0.2%	$190.03	+59.2%	Common Stock	052769106
SPGI	S&P Global Inc	10,471 (+2.2%)	$5,472 (+9.8%)	0.6%	$372.81	+32.6%	S&P Global	78409V104
DELL	Dell Inc	6,317 (+190.0%)	$795 (+157.5%)	0.1%	$126.98	+10.8%	Common Stock	24703L202
COST	Costco Wholesale Corp	11,356 (+2.8%)	$9,793 (-4.2%)	1.1%	$283.75	+219.2%	Common Stock	22160K105
PANW	Palo Alto Networks	24,648 (+1.6%)	$4,540 (-8.1%)	0.5%	$158.19	+27.5%	Common Stock	697435105
ULTA	Ulta Beauty Inc.	3,389 (+2.9%)	$2,050 (+13.9%)	0.2%	$338.43	+62.4%	Common Stock	90384S303
IBM	International Business Machines Corp	6,709 (+6.4%)	$1,987 (+11.7%)	0.2%	$147.68	+102.3%	Common Stock	459200101
DRI	Darden Restaurants Inc	12,046 (+12.3%)	$2,217 (+8.6%)	0.3%	$144.28	+26.2%	Common Stock	237194105
SO	Southern Company	17,037 (+22.8%)	$1,486 (+13.0%)	0.2%	$69.71	+30.4%	Common Stock	842587107
ZS	Zscaler Inc	6,887 (+22.8%)	$1,549 (-7.8%)	0.2%	$265.78	+6.2%	Common Stock	98980G102
PEP	Pepsico Inc.	11,669 (+5.9%)	$1,675 (+8.2%)	0.2%	$109.19	+33.6%	Common Stock	713448108
DIS	Walt Disney Co	10,042 (+12.8%)	$1,143 (+12.1%)	0.1%	$120.03	-8.7%	Common Stock	254687106
VTI	Vanguard Total Stock Market ETF	7,637 (+2.2%)	$2,560 (+4.4%)	0.3%	$256.38	—	Vang ETF	922908769
NKE	Nike Inc	21,601 (+2.4%)	$1,376 (-6.5%)	0.2%	$52.92	+22.7%	Common Stock	654106103
META	Meta Platforms Inc	2,322 (+18.3%)	$1,533 (+6.4%)	0.2%	$351.30	+90.0%	Common Stock	30303M102
VXUS	Vanguard Total Interntl Stk	25,743 (+1.9%)	$1,942 (+4.6%)	0.2%	$59.87	—	Vang ETF	921909768
EXE	Expand Energy Corp	7,583 (+6.5%)	$837 (+10.7%)	0.1%	$88.68	+24.8%	Common Stock	165167735
ADP	Automatic Data Processing Inc	3,104 (+4.9%)	$798 (-8.1%)	0.1%	$188.26	+40.7%	Common Stock	053015103
AMRZ	Amrize AG	8,980 (+4.4%)	$486 (+16.3%)	0.1%	$51.00	+0.1%	Common Stock	H2927K103
MRVL	Marvell Technology Group	10,205 (+6.3%)	$867 (+7.5%)	0.1%	$70.02	+24.9%	Common Stock	573874104
VEA	Vanguard FTSE Developed Markets ETF	4,491 (+22.0%)	$281 (+27.2%)	0.0%	$57.99	—	Vang ETF	921943858
DDOG	Datadog Inc	8,530 (+2.6%)	$1,160 (-2.0%)	0.1%	$117.22	+34.8%	Common Stock	23804L103
AVUV	Avantis US Small Cap Value ETF	2,750 (+4.8%)	$280 (+7.3%)	0.0%	$94.08	—	US SML CP VALU	025072877
CRWD	Crowdstrike Hldgs Inc	840 (+9.8%)	$394 (+5.0%)	0.0%	$309.26	+64.7%	Common Stock	22788C105
XLK	Technology Select Sector SPDR Fund	5,700 (+100.0%)	$821 (+2.2%)	0.1%	$108.56	—	SPDR ETF	81369Y803
ARCC	Ares Capital Corp	61,575 (+1.3%)	$1,246 (+0.4%)	0.1%	$15.97	+23.9%	Common Stock	04010L103
ITUB	Itau UniBanco Multiplo ADR	74,449 (+3.0%)	$533 (+0.5%)	0.1%	$10.21	—	SPONS ADR	465562106

Exited Positions (5)

FISV Fiserv Inc 0.2%

Value ($000) $1,589 Shares 12,325 Est. Cost $89.44 Unrealized -6.2%

STZ Constellation Brands Inc 0.1%

Value ($000) $552 Shares 4,102 Est. Cost $190.37 Unrealized -28.1%

TXN Texas Instruments, Inc. 0.0%

Value ($000) $326 Shares 1,777 Est. Cost $155.68 Unrealized +9.7%

HUBS HubSpot Inc 0.0%

Value ($000) $289 Shares 617 Est. Cost $503.08 Unrealized -17.7%

KD Kyndryl Holdings 0.0%

Value ($000) $252 Shares 8,380 Est. Cost $34.35 Unrealized -21.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	Fiserv Inc	12,325	$1,589	0.2%	$89.44	-6.2%	—	337738108
STZ	Constellation Brands Inc	4,102	$552	0.1%	$190.37	-28.1%	—	21036P108
TXN	Texas Instruments, Inc.	1,777	$326	0.0%	$155.68	+9.7%	—	882508104
HUBS	HubSpot Inc	617	$289	0.0%	$503.08	-17.7%	—	443573100
KD	Kyndryl Holdings	8,380	$252	0.0%	$34.35	-21.1%	—	50155Q100

Decreased Positions (87)

LRCX Lam Research Corp 1.9%

Value ($000) $16,799 (+25.4%) Shares 98,134 (-1.9%) Est. Cost $76.04 Unrealized +104.3%

GOOG Alphabet Inc Class C 0.5%

Value ($000) $4,845 (+26.1%) Shares 15,441 (-2.1%) Est. Cost $109.68 Unrealized +161.1%

HD Home Depot Inc 0.4%

Value ($000) $3,800 (-19.3%) Shares 11,043 (-4.9%) Est. Cost $206.71 Unrealized +76.4%

LIN Linde PLC 0.5%

Value ($000) $4,815 (-15.6%) Shares 11,292 (-6.0%) Est. Cost $330.28 Unrealized +29.4%

VRTX Vertex Pharmaceuticals 0.8%

Value ($000) $7,052 (+14.3%) Shares 15,554 (-1.2%) Est. Cost $322.48 Unrealized +33.7%

ORCL Oracle Corp 0.2%

Value ($000) $1,427 (-36.8%) Shares 7,320 (-8.8%) Est. Cost $83.83 Unrealized +184.0%

AMT American Tower REIT 0.2%

Value ($000) $1,809 (-29.4%) Shares 10,301 (-22.6%) Est. Cost $103.06 Unrealized +74.9%

TMO Thermo Fisher Scientific 0.5%

Value ($000) $4,701 (+17.5%) Shares 8,112 (-1.7%) Est. Cost $230.03 Unrealized +145.7%

ZTS Zoetis Inc 0.3%

Value ($000) $2,745 (-18.3%) Shares 21,817 (-5.0%) Est. Cost $87.57 Unrealized +48.8%

CAT Caterpillar Inc 0.5%

Value ($000) $4,697 (+14.7%) Shares 8,199 (-4.5%) Est. Cost $175.74 Unrealized +216.1%

AAPL Apple Inc 2.1%

Value ($000) $19,017 (+3.0%) Shares 69,950 (-3.5%) Est. Cost $97.09 Unrealized +176.4%

NVDA Nvidia Corp 2.4%

Value ($000) $21,565 (-2.2%) Shares 115,629 (-2.2%) Est. Cost $96.19 Unrealized +93.5%

UBER Uber Technologies Inc 0.1%

Value ($000) $1,289 (-25.4%) Shares 15,775 (-10.6%) Est. Cost $75.30 Unrealized +19.6%

GS Goldman Sachs Group Inc 0.6%

Value ($000) $5,545 (+8.5%) Shares 6,308 (-1.7%) Est. Cost $206.77 Unrealized +293.4%

PFE Pfizer Inc. 0.1%

Value ($000) $957 (-30.0%) Shares 38,448 (-28.3%) Est. Cost $25.04 Unrealized -0.0%

FCX Freeport McMoRan 0.2%

Value ($000) $1,895 (+27.4%) Shares 37,312 (-1.6%) Est. Cost $38.00 Unrealized +14.0%

BRK/B Berkshire Hathaway Inc B 1.0%

Value ($000) $9,135 (-4.3%) Shares 18,174 (-4.2%) Est. Cost $310.32 Unrealized +60.3%

TMUS T-Mobile US 0.2%

Value ($000) $1,950 (-16.7%) Shares 9,605 (-1.8%) Est. Cost $141.01 Unrealized +49.9%

TSCO Tractor Supply Company 0.2%

Value ($000) $2,210 (-14.2%) Shares 44,200 (-2.4%) Est. Cost $51.39 Unrealized +4.5%

ROK Rockwell Automation 0.5%

Value ($000) $4,039 (+9.6%) Shares 10,382 (-1.5%) Est. Cost $275.53 Unrealized +36.2%

JNJ Johnson & Johnson 0.4%

Value ($000) $3,665 (+10.2%) Shares 17,710 (-1.3%) Est. Cost $121.40 Unrealized +62.3%

DHR Danaher Corp 0.3%

Value ($000) $2,770 (+12.3%) Shares 12,100 (-2.7%) Est. Cost $80.40 Unrealized +173.1%

SNPS Synopsys Inc 0.2%

Value ($000) $1,456 (-17.0%) Shares 3,099 (-12.9%) Est. Cost $549.43 Unrealized -19.1%

DE Deere & Co 0.2%

Value ($000) $1,534 (-16.1%) Shares 3,295 (-17.6%) Est. Cost $365.30 Unrealized +28.0%

BX Blackstone Inc 0.2%

Value ($000) $1,851 (-13.4%) Shares 12,009 (-4.0%) Est. Cost $58.91 Unrealized +157.1%

KMB Kimberly Clark Corp 0.1%

Value ($000) $1,143 (-19.9%) Shares 11,332 (-1.3%) Est. Cost $123.45 Unrealized -12.2%

LOW Lowes Companies Inc 0.3%

Value ($000) $2,467 (-9.3%) Shares 10,232 (-5.5%) Est. Cost $86.17 Unrealized +178.3%

PG Procter & Gamble Co. 0.1%

Value ($000) $847 (-21.7%) Shares 5,913 (-16.0%) Est. Cost $120.88 Unrealized +21.8%

AXP American Express Co 0.3%

Value ($000) $2,538 (+10.1%) Shares 6,860 (-1.1%) Est. Cost $176.51 Unrealized +102.2%

NXPI NXP Semiconductors N.V. 0.1%

Value ($000) $919 (-20.0%) Shares 4,235 (-16.1%) Est. Cost $127.23 Unrealized +67.9%

VRT Vertiv Holdings Co 0.4%

Value ($000) $3,893 (+6.2%) Shares 24,032 (-1.1%) Est. Cost $93.46 Unrealized +85.7%

FSLR First Solar Inc 0.2%

Value ($000) $1,571 (+16.3%) Shares 6,013 (-1.9%) Est. Cost $141.27 Unrealized +78.5%

SHEL SHELL ADR EACH REP 2 ORD WI 0.0%

Value ($000) $267 (-44.1%) Shares 3,629 (-45.6%) Est. Cost $55.00 Unrealized —

MDLZ Mondelez International 0.1%

Value ($000) $1,059 (-15.9%) Shares 19,682 (-2.4%) Est. Cost $32.94 Unrealized +73.2%

ABBV Abbvie Inc 0.7%

Value ($000) $6,523 (-2.8%) Shares 28,549 (-1.5%) Est. Cost $62.08 Unrealized +266.5%

UNH UnitedHealth Group 0.1%

Value ($000) $949 (-15.4%) Shares 2,874 (-11.5%) Est. Cost $326.92 Unrealized +3.1%

VIK Viking Holdings 0.2%

Value ($000) $1,643 (+11.1%) Shares 23,005 (-3.3%) Est. Cost $43.04 Unrealized +48.3%

ICE Intercontinental Exchange 0.2%

Value ($000) $1,452 (-9.9%) Shares 8,964 (-6.2%) Est. Cost $71.91 Unrealized +117.2%

VMC Vulcan Materials Company 0.1%

Value ($000) $924 (-14.5%) Shares 3,238 (-7.8%) Est. Cost $111.42 Unrealized +163.1%

NEE Nextera Energy 0.3%

Value ($000) $3,027 (+5.1%) Shares 37,707 (-1.2%) Est. Cost $63.68 Unrealized +29.6%

RPM RPM International Inc 0.0%

Value ($000) $328 (-30.1%) Shares 3,150 (-20.8%) Est. Cost $84.99 Unrealized +27.4%

ADBE Adobe Inc 0.2%

Value ($000) $1,878 (-7.0%) Shares 5,366 (-6.2%) Est. Cost $511.89 Unrealized -33.6%

TJX TJX Inc 0.3%

Value ($000) $2,795 (+5.1%) Shares 18,196 (-1.1%) Est. Cost $82.05 Unrealized +80.0%

UNP Union Pacific Corp 0.3%

Value ($000) $2,959 (-4.3%) Shares 12,793 (-2.2%) Est. Cost $124.77 Unrealized +82.2%

HON Honeywell International 0.1%

Value ($000) $1,166 (-10.1%) Shares 5,975 (-3.1%) Est. Cost $151.24 Unrealized +28.9%

NVO Novo Nordisk 0.1%

Value ($000) $1,096 (-9.7%) Shares 21,549 (-1.5%) Est. Cost $75.05 Unrealized —

VOT Vanguard Mid Cap Growth 0.2%

Value ($000) $1,396 (-7.8%) Shares 5,000 (-2.9%) Est. Cost $135.37 Unrealized —

JPM J.P. Morgan Chase & Co 1.8%

Value ($000) $15,503 (+0.7%) Shares 48,114 (-1.4%) Est. Cost $85.96 Unrealized +260.1%

SHW Sherwin Williams Co 0.0%

Value ($000) $399 (-21.4%) Shares 1,232 (-16.0%) Est. Cost $299.58 Unrealized +11.5%

BEP Brookfield Renewable Partners LP 0.1%

Value ($000) $579 (-15.8%) Shares 21,459 (-19.5%) Est. Cost $36.31 Unrealized —

TT Trane Technologies Plc 0.1%

Value ($000) $1,039 (-9.3%) Shares 2,670 (-1.7%) Est. Cost $103.21 Unrealized +300.7%

MRK Merck & Co Inc 0.1%

Value ($000) $565 (+20.9%) Shares 5,370 (-3.6%) Est. Cost $69.72 Unrealized +33.7%

VLTO VERALTO ORD WI 0.0%

Value ($000) $223 (-29.5%) Shares 2,230 (-24.7%) Est. Cost $74.60 Unrealized +35.4%

CARR Carrier Global Corp 0.1%

Value ($000) $583 (-13.1%) Shares 11,040 (-1.8%) Est. Cost $23.05 Unrealized +140.8%

WMT Wal-Mart Stores Inc. 0.1%

Value ($000) $1,090 (+7.0%) Shares 9,787 (-1.0%) Est. Cost $60.90 Unrealized +76.0%

CMCSA Comcast Corp 0.0%

Value ($000) $366 (-16.3%) Shares 12,253 (-12.0%) Est. Cost $48.27 Unrealized -40.9%

CBT Cabot Corporation 0.0%

Value ($000) $367 (-15.9%) Shares 5,530 (-3.5%) Est. Cost $45.61 Unrealized +45.3%

DUK Duke Energy Corp. 0.1%

Value ($000) $917 (-6.7%) Shares 7,826 (-1.5%) Est. Cost $88.77 Unrealized +37.0%

BSX Boston Scientific Corp 0.1%

Value ($000) $1,219 (-5.0%) Shares 12,785 (-2.7%) Est. Cost $73.48 Unrealized +33.4%

LMT Lockheed Martin Corp 0.1%

Value ($000) $617 (-8.5%) Shares 1,275 (-5.6%) Est. Cost $393.39 Unrealized +21.0%

IQV Iqvia Hldgs Inc 0.1%

Value ($000) $577 (+10.1%) Shares 2,558 (-7.3%) Est. Cost $168.45 Unrealized +29.2%

PLD Prologis Inc 0.1%

Value ($000) $1,038 (+5.0%) Shares 8,133 (-5.8%) Est. Cost $87.02 Unrealized +42.3%

ADI Analog Devices Inc 0.1%

Value ($000) $816 (-5.5%) Shares 3,010 (-14.4%) Est. Cost $231.43 Unrealized +8.3%

FANG Diamondback Energy 0.1%

Value ($000) $1,257 (+3.6%) Shares 8,363 (-1.4%) Est. Cost $140.26 Unrealized +4.8%

ALL Allstate Corp 0.0%

Value ($000) $385 (-9.9%) Shares 1,850 (-7.1%) Est. Cost $139.68 Unrealized +46.1%

YUM Yum! Brands Inc 0.1%

Value ($000) $1,009 (-3.7%) Shares 6,672 (-3.3%) Est. Cost $48.34 Unrealized +205.5%

GEV GE Vernova Inc. 0.0%

Value ($000) $233 (-13.2%) Shares 357 (-18.3%) Est. Cost $415.97 Unrealized +46.4%

ACN Accenture Plc 0.3%

Value ($000) $2,656 (+1.3%) Shares 9,899 (-6.9%) Est. Cost $141.38 Unrealized +79.7%

SCHD Schwab US Dividend Equity ETF 0.1%

Value ($000) $585 (-5.3%) Shares 21,333 (-5.8%) Est. Cost $49.85 Unrealized —

QQQ Powershares QQQ Trust 0.0%

Value ($000) $206 (-10.5%) Shares 335 (-12.5%) Est. Cost $552.04 Unrealized —

CTVA Corteva Agriscience Inc 0.1%

Value ($000) $1,068 (-2.1%) Shares 15,929 (-1.2%) Est. Cost $31.68 Unrealized +103.7%

SBUX Starbucks Corp 0.1%

Value ($000) $1,238 (-1.7%) Shares 14,700 (-1.3%) Est. Cost $58.02 Unrealized +44.9%

CL Colgate Palmolive Co 0.0%

Value ($000) $440 (-4.7%) Shares 5,563 (-3.6%) Est. Cost $68.23 Unrealized +14.8%

SHOP Shopify Inc 0.2%

Value ($000) $1,356 (+1.6%) Shares 8,423 (-6.2%) Est. Cost $47.58 Unrealized +237.5%

FTV Fortive Corp 0.1%

Value ($000) $688 (+2.8%) Shares 12,461 (-8.7%) Est. Cost $50.74 Unrealized +2.2%

CME CME Group Inc 0.1%

Value ($000) $1,220 (-1.2%) Shares 4,469 (-2.2%) Est. Cost $166.55 Unrealized +62.6%

GXO GXO Logistics Inc 0.1%

Value ($000) $789 (-1.8%) Shares 14,992 (-1.3%) Est. Cost $52.66 Unrealized -0.2%

XLI Industrial Select Sector SPDR Fund 0.0%

Value ($000) $290 (-4.5%) Shares 1,870 (-5.1%) Est. Cost $106.97 Unrealized —

BAC Bank of America Corp 0.1%

Value ($000) $1,016 (+1.0%) Shares 18,475 (-5.2%) Est. Cost $24.96 Unrealized +111.0%

QCOM Qualcomm Inc 0.0%

Value ($000) $233 (-4.0%) Shares 1,365 (-6.6%) Est. Cost $159.68 Unrealized +7.0%

RSP Rydex S&P Equal Weight ETF 0.1%

Value ($000) $1,060 (-0.6%) Shares 5,536 (-1.5%) Est. Cost $158.17 Unrealized —

AXTA Axalta Coating Systems 0.2%

Value ($000) $1,884 (+0.2%) Shares 58,304 (-11.2%) Est. Cost $34.19 Unrealized -14.2%

PNC PNC Financial Services Group Inc 0.1%

Value ($000) $565 (-0.7%) Shares 2,708 (-4.4%) Est. Cost $119.01 Unrealized +62.0%

VBR Vanguard Small Cap Value 0.1%

Value ($000) $986 (-0.4%) Shares 4,654 (-1.8%) Est. Cost $171.51 Unrealized —

BWA Borg Warner Inc 0.1%

Value ($000) $1,082 (+0.3%) Shares 24,007 (-2.2%) Est. Cost $32.45 Unrealized +34.6%

IJR iShares S&P Smallcap 600 0.2%

Value ($000) $1,776 (+0.1%) Shares 14,778 (-1.0%) Est. Cost $80.46 Unrealized —

GLW Corning Inc 0.1%

Value ($000) $630 (+0.1%) Shares 7,200 (-6.2%) Est. Cost $43.53 Unrealized +97.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LRCX	Lam Research Corp	98,134 (-1.9%)	$16,799 (+25.4%)	1.9%	$76.04	+104.3%	Common Stock	512807306
GOOG	Alphabet Inc Class C	15,441 (-2.1%)	$4,845 (+26.1%)	0.5%	$109.68	+161.1%	Common Stock	02079K107
HD	Home Depot Inc	11,043 (-4.9%)	$3,800 (-19.3%)	0.4%	$206.71	+76.4%	Common Stock	437076102
LIN	Linde PLC	11,292 (-6.0%)	$4,815 (-15.6%)	0.5%	$330.28	+29.4%	SPONS ADR	G54950103
VRTX	Vertex Pharmaceuticals	15,554 (-1.2%)	$7,052 (+14.3%)	0.8%	$322.48	+33.7%	Common Stock	92532F100
ORCL	Oracle Corp	7,320 (-8.8%)	$1,427 (-36.8%)	0.2%	$83.83	+184.0%	Common Stock	68389X105
AMT	American Tower REIT	10,301 (-22.6%)	$1,809 (-29.4%)	0.2%	$103.06	+74.9%	Common Stock	03027X100
TMO	Thermo Fisher Scientific	8,112 (-1.7%)	$4,701 (+17.5%)	0.5%	$230.03	+145.7%	Common Stock	883556102
ZTS	Zoetis Inc	21,817 (-5.0%)	$2,745 (-18.3%)	0.3%	$87.57	+48.8%	Common Stock	98978V103
CAT	Caterpillar Inc	8,199 (-4.5%)	$4,697 (+14.7%)	0.5%	$175.74	+216.1%	Common Stock	149123101
AAPL	Apple Inc	69,950 (-3.5%)	$19,017 (+3.0%)	2.1%	$97.09	+176.4%	Common Stock	037833100
NVDA	Nvidia Corp	115,629 (-2.2%)	$21,565 (-2.2%)	2.4%	$96.19	+93.5%	Common Stock	67066G104
UBER	Uber Technologies Inc	15,775 (-10.6%)	$1,289 (-25.4%)	0.1%	$75.30	+19.6%	Common Stock	90353T100
GS	Goldman Sachs Group Inc	6,308 (-1.7%)	$5,545 (+8.5%)	0.6%	$206.77	+293.4%	Common Stock	38141G104
PFE	Pfizer Inc.	38,448 (-28.3%)	$957 (-30.0%)	0.1%	$25.04	-0.0%	Common Stock	717081103
FCX	Freeport McMoRan	37,312 (-1.6%)	$1,895 (+27.4%)	0.2%	$38.00	+14.0%	Common Stock	35671D857
BRK/B	Berkshire Hathaway Inc B	18,174 (-4.2%)	$9,135 (-4.3%)	1.0%	$310.32	+60.3%	CL B	084670702
TMUS	T-Mobile US	9,605 (-1.8%)	$1,950 (-16.7%)	0.2%	$141.01	+49.9%	Common Stock	872590104
TSCO	Tractor Supply Company	44,200 (-2.4%)	$2,210 (-14.2%)	0.2%	$51.39	+4.5%	Common Stock	892356106
ROK	Rockwell Automation	10,382 (-1.5%)	$4,039 (+9.6%)	0.5%	$275.53	+36.2%	Common Stock	773903109
JNJ	Johnson & Johnson	17,710 (-1.3%)	$3,665 (+10.2%)	0.4%	$121.40	+62.3%	Common Stock	478160104
DHR	Danaher Corp	12,100 (-2.7%)	$2,770 (+12.3%)	0.3%	$80.40	+173.1%	Common Stock	235851102
SNPS	Synopsys Inc	3,099 (-12.9%)	$1,456 (-17.0%)	0.2%	$549.43	-19.1%	Common Stock	871607107
DE	Deere & Co	3,295 (-17.6%)	$1,534 (-16.1%)	0.2%	$365.30	+28.0%	Common Stock	244199105
BX	Blackstone Inc	12,009 (-4.0%)	$1,851 (-13.4%)	0.2%	$58.91	+157.1%	PRTNRSP UNITS	09260D107
KMB	Kimberly Clark Corp	11,332 (-1.3%)	$1,143 (-19.9%)	0.1%	$123.45	-12.2%	Common Stock	494368103
LOW	Lowes Companies Inc	10,232 (-5.5%)	$2,467 (-9.3%)	0.3%	$86.17	+178.3%	Common Stock	548661107
PG	Procter & Gamble Co.	5,913 (-16.0%)	$847 (-21.7%)	0.1%	$120.88	+21.8%	Common Stock	742718109
AXP	American Express Co	6,860 (-1.1%)	$2,538 (+10.1%)	0.3%	$176.51	+102.2%	Common Stock	025816109
NXPI	NXP Semiconductors N.V.	4,235 (-16.1%)	$919 (-20.0%)	0.1%	$127.23	+67.9%	Common Stock	N6596X109
VRT	Vertiv Holdings Co	24,032 (-1.1%)	$3,893 (+6.2%)	0.4%	$93.46	+85.7%	Common Stock	92537N108
FSLR	First Solar Inc	6,013 (-1.9%)	$1,571 (+16.3%)	0.2%	$141.27	+78.5%	Common Stock	336433107
SHEL	SHELL ADR EACH REP 2 ORD WI	3,629 (-45.6%)	$267 (-44.1%)	0.0%	$55.00	—	ADR	780259305
MDLZ	Mondelez International	19,682 (-2.4%)	$1,059 (-15.9%)	0.1%	$32.94	+73.2%	Common Stock	609207105
ABBV	Abbvie Inc	28,549 (-1.5%)	$6,523 (-2.8%)	0.7%	$62.08	+266.5%	Common Stock	00287Y109
UNH	UnitedHealth Group	2,874 (-11.5%)	$949 (-15.4%)	0.1%	$326.92	+3.1%	Common Stock	91324P102
VIK	Viking Holdings	23,005 (-3.3%)	$1,643 (+11.1%)	0.2%	$43.04	+48.3%	Common Stock	G93A5A101
ICE	Intercontinental Exchange	8,964 (-6.2%)	$1,452 (-9.9%)	0.2%	$71.91	+117.2%	Common Stock	45866F104
VMC	Vulcan Materials Company	3,238 (-7.8%)	$924 (-14.5%)	0.1%	$111.42	+163.1%	Common Stock	929160109
NEE	Nextera Energy	37,707 (-1.2%)	$3,027 (+5.1%)	0.3%	$63.68	+29.6%	Common Stock	65339F101
RPM	RPM International Inc	3,150 (-20.8%)	$328 (-30.1%)	0.0%	$84.99	+27.4%	Common Stock	749685103
ADBE	Adobe Inc	5,366 (-6.2%)	$1,878 (-7.0%)	0.2%	$511.89	-33.6%	Common Stock	00724F101
TJX	TJX Inc	18,196 (-1.1%)	$2,795 (+5.1%)	0.3%	$82.05	+80.0%	Common Stock	872540109
UNP	Union Pacific Corp	12,793 (-2.2%)	$2,959 (-4.3%)	0.3%	$124.77	+82.2%	Common Stock	907818108
HON	Honeywell International	5,975 (-3.1%)	$1,166 (-10.1%)	0.1%	$151.24	+28.9%	Common Stock	438516106
NVO	Novo Nordisk	21,549 (-1.5%)	$1,096 (-9.7%)	0.1%	$75.05	—	ADR	670100205
VOT	Vanguard Mid Cap Growth	5,000 (-2.9%)	$1,396 (-7.8%)	0.2%	$135.37	—	Vang ETF	922908538
JPM	J.P. Morgan Chase & Co	48,114 (-1.4%)	$15,503 (+0.7%)	1.8%	$85.96	+260.1%	Common Stock	46625H100
SHW	Sherwin Williams Co	1,232 (-16.0%)	$399 (-21.4%)	0.0%	$299.58	+11.5%	Common Stock	824348106
BEP	Brookfield Renewable Partners LP	21,459 (-19.5%)	$579 (-15.8%)	0.1%	$36.31	—	PRTNRSP UNITS	G16258108
TT	Trane Technologies Plc	2,670 (-1.7%)	$1,039 (-9.3%)	0.1%	$103.21	+300.7%	Common Stock	G8994E103
MRK	Merck & Co Inc	5,370 (-3.6%)	$565 (+20.9%)	0.1%	$69.72	+33.7%	Common Stock	58933Y105
VLTO	VERALTO ORD WI	2,230 (-24.7%)	$223 (-29.5%)	0.0%	$74.60	+35.4%	Common Stock	92338C103
CARR	Carrier Global Corp	11,040 (-1.8%)	$583 (-13.1%)	0.1%	$23.05	+140.8%	Common Stock	14448C104
WMT	Wal-Mart Stores Inc.	9,787 (-1.0%)	$1,090 (+7.0%)	0.1%	$60.90	+76.0%	Common Stock	931142103
CMCSA	Comcast Corp	12,253 (-12.0%)	$366 (-16.3%)	0.0%	$48.27	-40.9%	Common Stock	20030N101
CBT	Cabot Corporation	5,530 (-3.5%)	$367 (-15.9%)	0.0%	$45.61	+45.3%	Common Stock	127055101
DUK	Duke Energy Corp.	7,826 (-1.5%)	$917 (-6.7%)	0.1%	$88.77	+37.0%	Common Stock	26441C204
BSX	Boston Scientific Corp	12,785 (-2.7%)	$1,219 (-5.0%)	0.1%	$73.48	+33.4%	Common Stock	101137107
LMT	Lockheed Martin Corp	1,275 (-5.6%)	$617 (-8.5%)	0.1%	$393.39	+21.0%	Common Stock	539830109
IQV	Iqvia Hldgs Inc	2,558 (-7.3%)	$577 (+10.1%)	0.1%	$168.45	+29.2%	Common Stock	46266C105
PLD	Prologis Inc	8,133 (-5.8%)	$1,038 (+5.0%)	0.1%	$87.02	+42.3%	Common Stock	74340W103
ADI	Analog Devices Inc	3,010 (-14.4%)	$816 (-5.5%)	0.1%	$231.43	+8.3%	Common Stock	032654105
FANG	Diamondback Energy	8,363 (-1.4%)	$1,257 (+3.6%)	0.1%	$140.26	+4.8%	Common Stock	25278X109
ALL	Allstate Corp	1,850 (-7.1%)	$385 (-9.9%)	0.0%	$139.68	+46.1%	Common Stock	020002101
YUM	Yum! Brands Inc	6,672 (-3.3%)	$1,009 (-3.7%)	0.1%	$48.34	+205.5%	Common Stock	988498101
GEV	GE Vernova Inc.	357 (-18.3%)	$233 (-13.2%)	0.0%	$415.97	+46.4%	Common Stock	36828A101
ACN	Accenture Plc	9,899 (-6.9%)	$2,656 (+1.3%)	0.3%	$141.38	+79.7%	Common Stock	G1151C101
SCHD	Schwab US Dividend Equity ETF	21,333 (-5.8%)	$585 (-5.3%)	0.1%	$49.85	—	Schwab ETF	808524797
QQQ	Powershares QQQ Trust	335 (-12.5%)	$206 (-10.5%)	0.0%	$552.04	—	Unit Ser 1	46090E103
CTVA	Corteva Agriscience Inc	15,929 (-1.2%)	$1,068 (-2.1%)	0.1%	$31.68	+103.7%	Common Stock	22052L104
SBUX	Starbucks Corp	14,700 (-1.3%)	$1,238 (-1.7%)	0.1%	$58.02	+44.9%	Common Stock	855244109
CL	Colgate Palmolive Co	5,563 (-3.6%)	$440 (-4.7%)	0.0%	$68.23	+14.8%	Common Stock	194162103
SHOP	Shopify Inc	8,423 (-6.2%)	$1,356 (+1.6%)	0.2%	$47.58	+237.5%	Common Stock	82509L107
FTV	Fortive Corp	12,461 (-8.7%)	$688 (+2.8%)	0.1%	$50.74	+2.2%	Common Stock	34959J108
CME	CME Group Inc	4,469 (-2.2%)	$1,220 (-1.2%)	0.1%	$166.55	+62.6%	Common Stock	12572Q105
GXO	GXO Logistics Inc	14,992 (-1.3%)	$789 (-1.8%)	0.1%	$52.66	-0.2%	Common Stock	36262G101
XLI	Industrial Select Sector SPDR Fund	1,870 (-5.1%)	$290 (-4.5%)	0.0%	$106.97	—	SBI INT-INDS	81369Y704
BAC	Bank of America Corp	18,475 (-5.2%)	$1,016 (+1.0%)	0.1%	$24.96	+111.0%	Common Stock	060505104
QCOM	Qualcomm Inc	1,365 (-6.6%)	$233 (-4.0%)	0.0%	$159.68	+7.0%	Common Stock	747525103
RSP	Rydex S&P Equal Weight ETF	5,536 (-1.5%)	$1,060 (-0.6%)	0.1%	$158.17	—	S&P 500 Eq TRD	46137V357
AXTA	Axalta Coating Systems	58,304 (-11.2%)	$1,884 (+0.2%)	0.2%	$34.19	-14.2%	Common Stock	G0750C108
PNC	PNC Financial Services Group Inc	2,708 (-4.4%)	$565 (-0.7%)	0.1%	$119.01	+62.0%	Common Stock	693475105
VBR	Vanguard Small Cap Value	4,654 (-1.8%)	$986 (-0.4%)	0.1%	$171.51	—	Vang ETF	922908611
BWA	Borg Warner Inc	24,007 (-2.2%)	$1,082 (+0.3%)	0.1%	$32.45	+34.6%	Common Stock	099724106
IJR	iShares S&P Smallcap 600	14,778 (-1.0%)	$1,776 (+0.1%)	0.2%	$80.46	—	S&P Smlcap 600	464287804
GLW	Corning Inc	7,200 (-6.2%)	$630 (+0.1%)	0.1%	$43.53	+97.5%	Common Stock	219350105

Unchanged Positions (82)

LLY Eli Lilly & Company 1.3%

Value ($000) $11,796 Shares 10,976 Est. Cost $361.46 Unrealized +164.4%

GOOGL Alphabet Inc Class A 1.2%

Value ($000) $10,526 Shares 33,629 Est. Cost $111.13 Unrealized +157.0%

ISRG Intuitive Surgical 0.7%

Value ($000) $5,984 Shares 10,566 Est. Cost $305.07 Unrealized +74.5%

MSFT Microsoft Corp 1.8%

Value ($000) $15,675 Shares 32,411 Est. Cost $155.01 Unrealized +222.9%

BLK Blackrock Inc 0.6%

Value ($000) $4,941 Shares 4,617 Est. Cost $844.57 Unrealized +29.0%

AMZN Amazon.com Inc 1.1%

Value ($000) $9,508 Shares 41,192 Est. Cost $132.34 Unrealized +72.9%

TSM Taiwan Semiconductor Manufacturing ADR 0.6%

Value ($000) $5,016 Shares 16,507 Est. Cost $45.99 Unrealized —

MS Morgan Stanley & Co 0.4%

Value ($000) $3,492 Shares 19,673 Est. Cost $55.80 Unrealized +198.4%

XOM Exxon Mobil Corporation 0.8%

Value ($000) $6,776 Shares 56,311 Est. Cost $87.07 Unrealized +32.6%

BRK/A Berkshire Hathaway Inc A 47.4%

Value ($000) $419,669 Shares 556 Est. Cost $729330.75 Unrealized +2.3%

ABT Abbott Laboratories 0.6%

Value ($000) $4,956 Shares 39,556 Est. Cost $73.42 Unrealized +73.4%

RYAAY RyanAir Holdings PLC 0.2%

Value ($000) $1,494 Shares 20,689 Est. Cost $56.06 Unrealized —

CB Chubb Corp. 0.2%

Value ($000) $1,964 Shares 6,293 Est. Cost $187.85 Unrealized +55.7%

BKR Baker Hughes Co 0.4%

Value ($000) $3,377 Shares 74,146 Est. Cost $37.38 Unrealized +26.6%

MTD Mettler Toledo Intl Inc 0.2%

Value ($000) $1,479 Shares 1,061 Est. Cost $218.11 Unrealized +540.3%

VOO Vanguard S&P 500 Etf 0.6%

Value ($000) $5,571 Shares 8,884 Est. Cost $538.80 Unrealized —

MU Micron Technology Inc 0.0%

Value ($000) $371 Shares 1,300 Est. Cost $127.82 Unrealized +79.4%

EPD Enterprise Products Partners 0.7%

Value ($000) $6,155 Shares 191,988 Est. Cost $29.97 Unrealized —

ASML ASML Holdings NV 0.2%

Value ($000) $1,427 Shares 1,334 Est. Cost $780.75 Unrealized —

V Visa Inc. 0.8%

Value ($000) $7,478 Shares 21,322 Est. Cost $149.39 Unrealized +127.9%

INFY Infosys Technologies Ltd 0.2%

Value ($000) $1,334 Shares 74,840 Est. Cost $16.63 Unrealized —

EW Edwards Lifesciences Corp 0.1%

Value ($000) $1,287 Shares 15,095 Est. Cost $76.92 Unrealized +6.7%

CMI Cummins Inc 0.1%

Value ($000) $633 Shares 1,240 Est. Cost $218.09 Unrealized +113.8%

CSCO Cisco Systems Inc 0.1%

Value ($000) $1,015 Shares 13,172 Est. Cost $49.54 Unrealized +49.0%

SRAD Sportradar Group 0.1%

Value ($000) $776 Shares 32,627 Est. Cost $14.79 Unrealized —

COR Cencora Inc 0.1%

Value ($000) $1,151 Shares 3,408 Est. Cost $249.56 Unrealized +36.5%

APD Air Products and Chemicals Inc 0.1%

Value ($000) $767 Shares 3,103 Est. Cost $202.13 Unrealized +24.5%

BMY Bristol-Myers Squibb 0.1%

Value ($000) $452 Shares 8,375 Est. Cost $49.62 Unrealized -4.2%

PH Parker Hannifin Corp 0.1%

Value ($000) $530 Shares 603 Est. Cost $275.48 Unrealized +196.9%

CTAS Cintas Corp 0.1%

Value ($000) $752 Shares 4,000 Est. Cost $161.42 Unrealized +16.5%

MCK McKesson Corp 0.1%

Value ($000) $972 Shares 1,185 Est. Cost $221.62 Unrealized +268.0%

CHKP Check Point Software Technologies 0.1%

Value ($000) $455 Shares 2,451 Est. Cost $55.32 Unrealized +249.5%

FDX FedEx Corp 0.0%

Value ($000) $282 Shares 977 Est. Cost $139.66 Unrealized +87.3%

SPY S&P DEP Receipts 0.3%

Value ($000) $2,794 Shares 4,097 Est. Cost $216.85 Unrealized —

EXP Eagle Materials Inc 0.0%

Value ($000) $372 Shares 1,800 Est. Cost $190.53 Unrealized +15.7%

NUE Nucor Corp 0.0%

Value ($000) $274 Shares 1,678 Est. Cost $114.02 Unrealized +31.4%

LHX L3Harris Technologies 0.1%

Value ($000) $1,143 Shares 3,892 Est. Cost $185.44 Unrealized +55.5%

HSBC HSBC PLC Spon ADR 0.1%

Value ($000) $449 Shares 5,707 Est. Cost $34.13 Unrealized —

KO Coca Cola Co. 0.1%

Value ($000) $889 Shares 12,720 Est. Cost $47.29 Unrealized +46.7%

DOV Dover Corp 0.0%

Value ($000) $283 Shares 1,450 Est. Cost $141.72 Unrealized +28.3%

INDA Ishares MSCI India Index 0.1%

Value ($000) $1,013 Shares 18,746 Est. Cost $45.71 Unrealized —

JCI Johnson Controls Inc 0.0%

Value ($000) $415 Shares 3,464 Est. Cost $81.59 Unrealized +40.7%

CI Cigna Corporation 0.1%

Value ($000) $688 Shares 2,500 Est. Cost $295.68 Unrealized -5.6%

CCL Carnival Corp 0.1%

Value ($000) $643 Shares 21,049 Est. Cost $19.32 Unrealized +44.3%

TCOM Trip.com Group Ltd 0.1%

Value ($000) $679 Shares 9,442 Est. Cost $27.57 Unrealized —

WELL Welltower Inc 0.1%

Value ($000) $757 Shares 4,076 Est. Cost $91.40 Unrealized +104.0%

SYY Sysco Corp 0.0%

Value ($000) $256 Shares 3,475 Est. Cost $56.65 Unrealized +33.3%

IBN Icici Bank Ltd Adr 0.2%

Value ($000) $2,010 Shares 67,438 Est. Cost $18.96 Unrealized —

GLD SPDR Gold Trust 0.0%

Value ($000) $248 Shares 625 Est. Cost $288.14 Unrealized —

CVX Chevron Corp. 0.1%

Value ($000) $1,303 Shares 8,550 Est. Cost $74.61 Unrealized +102.9%

LDOS Leidos Holdings Inc 0.1%

Value ($000) $496 Shares 2,750 Est. Cost $84.63 Unrealized +123.4%

SCHF Schwab International Equity Fund 0.1%

Value ($000) $725 Shares 30,153 Est. Cost $27.85 Unrealized —

XYL Xylem Inc 0.0%

Value ($000) $260 Shares 1,907 Est. Cost $97.38 Unrealized +47.4%

PGR Progressive Corp 0.0%

Value ($000) $201 Shares 881 Est. Cost $221.00 Unrealized -3.9%

PSX Phillips 66 0.0%

Value ($000) $336 Shares 2,600 Est. Cost $122.03 Unrealized +9.8%

MFG Mizuho Financial Group Inc 0.0%

Value ($000) $211 Shares 28,800 Est. Cost $5.51 Unrealized —

VIG Vanguard Dividend Appreciation ETF 0.1%

Value ($000) $637 Shares 2,899 Est. Cost $164.98 Unrealized —

VOE Vanguard Mid Cap Value 0.1%

Value ($000) $503 Shares 2,833 Est. Cost $128.05 Unrealized —

WM Waste Management Inc 0.3%

Value ($000) $2,370 Shares 10,786 Est. Cost $109.53 Unrealized +94.1%

MCD McDonald's Corp 0.3%

Value ($000) $2,311 Shares 7,563 Est. Cost $211.26 Unrealized +44.4%

SCHB Schwab US Broad Market ETF 0.1%

Value ($000) $504 Shares 19,204 Est. Cost $21.53 Unrealized —

EFA iShares MSCI EAFE Index Fund 0.0%

Value ($000) $367 Shares 3,825 Est. Cost $75.61 Unrealized —

IWM Ishares Tr Russell 2000 Index Fd 0.1%

Value ($000) $569 Shares 2,312 Est. Cost $220.74 Unrealized —

PEG Public Service Enterprise Group 0.0%

Value ($000) $233 Shares 2,900 Est. Cost $68.39 Unrealized +18.6%

EXC Exelon Corporation 0.0%

Value ($000) $281 Shares 6,450 Est. Cost $43.37 Unrealized +4.8%

MA Mastercard Inc 0.3%

Value ($000) $2,419 Shares 4,238 Est. Cost $385.09 Unrealized +45.1%

IYW iShares Trust Dow Jones US Tech Fund 0.0%

Value ($000) $385 Shares 1,930 Est. Cost $92.81 Unrealized —

OCGN Ocugen Inc 0.0%

Value ($000) $34 Shares 25,000 Est. Cost $0.83 Unrealized +71.7%

TIP iShares TIPS Bond Fund 0.1%

Value ($000) $572 Shares 5,200 Est. Cost $112.67 Unrealized —

CSX C S X Corp 0.0%

Value ($000) $286 Shares 7,883 Est. Cost $30.90 Unrealized +15.5%

SCHA Schwab US Small Cap ETF 0.0%

Value ($000) $232 Shares 8,154 Est. Cost $25.30 Unrealized —

SYLD Cambria Shareholder Yield ETF 0.0%

Value ($000) $291 Shares 4,189 Est. Cost $72.58 Unrealized —

EWJ iShares MSCI Japan Index Fund 0.1%

Value ($000) $640 Shares 7,921 Est. Cost $64.98 Unrealized —

CP Canadian Pacific Kansas City Ltd 0.0%

Value ($000) $308 Shares 4,185 Est. Cost $75.65 Unrealized -2.7%

BIDU Baidu Inc ADR 0.0%

Value ($000) $405 Shares 3,102 Est. Cost $119.09 Unrealized —

AON Aon PLC 0.0%

Value ($000) $318 Shares 900 Est. Cost $191.78 Unrealized +82.1%

VWO Vanguard FTSE Emerging Mkt ETF 0.1%

Value ($000) $467 Shares 8,688 Est. Cost $40.94 Unrealized —

IJH Ishares Tr S&P Midcap 0.0%

Value ($000) $239 Shares 3,620 Est. Cost $58.35 Unrealized —

EMR Emerson Electric Co 0.0%

Value ($000) $211 Shares 1,587 Est. Cost $113.54 Unrealized +16.6%

IWR iShares Russell Midcap Index Fd 0.1%

Value ($000) $805 Shares 8,363 Est. Cost $88.40 Unrealized —

TSLA Tesla Inc 0.0%

Value ($000) $328 Shares 729 Est. Cost $301.28 Unrealized +47.1%

VO Vanguard Mid-Cap ETF 0.0%

Value ($000) $225 Shares 776 Est. Cost $279.89 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	Eli Lilly & Company	10,976	$11,796	1.3%	$361.46	+164.4%	Common Stock	532457108
GOOGL	Alphabet Inc Class A	33,629	$10,526	1.2%	$111.13	+157.0%	Common Stock	02079K305
ISRG	Intuitive Surgical	10,566	$5,984	0.7%	$305.07	+74.5%	Common Stock	46120E602
MSFT	Microsoft Corp	32,411	$15,675	1.8%	$155.01	+222.9%	Common Stock	594918104
BLK	Blackrock Inc	4,617	$4,941	0.6%	$844.57	+29.0%	Common Stock	09290D101
AMZN	Amazon.com Inc	41,192	$9,508	1.1%	$132.34	+72.9%	Common Stock	023135106
TSM	Taiwan Semiconductor Manufacturing ADR	16,507	$5,016	0.6%	$45.99	—	Sponsored ADR	874039100
MS	Morgan Stanley & Co	19,673	$3,492	0.4%	$55.80	+198.4%	Common Stock	617446448
XOM	Exxon Mobil Corporation	56,311	$6,776	0.8%	$87.07	+32.6%	Common Stock	30231G102
BRK/A	Berkshire Hathaway Inc A	556	$419,669	47.4%	$729330.75	+2.3%	CL A	084670108
ABT	Abbott Laboratories	39,556	$4,956	0.6%	$73.42	+73.4%	Common Stock	002824100
RYAAY	RyanAir Holdings PLC	20,689	$1,494	0.2%	$56.06	—	ADR	783513203
CB	Chubb Corp.	6,293	$1,964	0.2%	$187.85	+55.7%	Common Stock	H1467J104
BKR	Baker Hughes Co	74,146	$3,377	0.4%	$37.38	+26.6%	Common Stock	05722G100
MTD	Mettler Toledo Intl Inc	1,061	$1,479	0.2%	$218.11	+540.3%	Common Stock	592688105
VOO	Vanguard S&P 500 Etf	8,884	$5,571	0.6%	$538.80	—	Vang ETF	922908363
MU	Micron Technology Inc	1,300	$371	0.0%	$127.82	+79.4%	Common Stock	595112103
EPD	Enterprise Products Partners	191,988	$6,155	0.7%	$29.97	—	Unit Ltd Partn	293792107
ASML	ASML Holdings NV	1,334	$1,427	0.2%	$780.75	—	NY Registry Shs	N07059210
V	Visa Inc.	21,322	$7,478	0.8%	$149.39	+127.9%	Common Stock	92826C839
INFY	Infosys Technologies Ltd	74,840	$1,334	0.2%	$16.63	—	Sponsored ADR	456788108
EW	Edwards Lifesciences Corp	15,095	$1,287	0.1%	$76.92	+6.7%	Common Stock	28176E108
CMI	Cummins Inc	1,240	$633	0.1%	$218.09	+113.8%	Common Stock	231021106
CSCO	Cisco Systems Inc	13,172	$1,015	0.1%	$49.54	+49.0%	Common Stock	17275R102
SRAD	Sportradar Group	32,627	$776	0.1%	$14.79	—	ADR	H8088L103
COR	Cencora Inc	3,408	$1,151	0.1%	$249.56	+36.5%	Common Stock	03073E105
APD	Air Products and Chemicals Inc	3,103	$767	0.1%	$202.13	+24.5%	Common Stock	009158106
BMY	Bristol-Myers Squibb	8,375	$452	0.1%	$49.62	-4.2%	Common Stock	110122108
PH	Parker Hannifin Corp	603	$530	0.1%	$275.48	+196.9%	Common Stock	701094104
CTAS	Cintas Corp	4,000	$752	0.1%	$161.42	+16.5%	Common Stock	172908105
MCK	McKesson Corp	1,185	$972	0.1%	$221.62	+268.0%	Common Stock	58155Q103
CHKP	Check Point Software Technologies	2,451	$455	0.1%	$55.32	+249.5%	Common Stock	M22465104
FDX	FedEx Corp	977	$282	0.0%	$139.66	+87.3%	Common Stock	31428X106
SPY	S&P DEP Receipts	4,097	$2,794	0.3%	$216.85	—	Unit SER 1	78462F103
EXP	Eagle Materials Inc	1,800	$372	0.0%	$190.53	+15.7%	Common Stock	26969P108
NUE	Nucor Corp	1,678	$274	0.0%	$114.02	+31.4%	Common Stock	670346105
LHX	L3Harris Technologies	3,892	$1,143	0.1%	$185.44	+55.5%	Common Stock	502431109
HSBC	HSBC PLC Spon ADR	5,707	$449	0.1%	$34.13	—	ADR	404280406
KO	Coca Cola Co.	12,720	$889	0.1%	$47.29	+46.7%	Common Stock	191216100
DOV	Dover Corp	1,450	$283	0.0%	$141.72	+28.3%	Common Stock	260003108
INDA	Ishares MSCI India Index	18,746	$1,013	0.1%	$45.71	—	MSCI India ETF	46429B598
JCI	Johnson Controls Inc	3,464	$415	0.0%	$81.59	+40.7%	Common Stock	G51502105
CI	Cigna Corporation	2,500	$688	0.1%	$295.68	-5.6%	Common Stock	125523100
CCL	Carnival Corp	21,049	$643	0.1%	$19.32	+44.3%	Common Stock	143658300
TCOM	Trip.com Group Ltd	9,442	$679	0.1%	$27.57	—	ADR	89677Q107
WELL	Welltower Inc	4,076	$757	0.1%	$91.40	+104.0%	Common Stock	95040Q104
SYY	Sysco Corp	3,475	$256	0.0%	$56.65	+33.3%	Common Stock	871829107
IBN	Icici Bank Ltd Adr	67,438	$2,010	0.2%	$18.96	—	ADR	45104G104
GLD	SPDR Gold Trust	625	$248	0.0%	$288.14	—	SPDR Gold ETF	78463V107
CVX	Chevron Corp.	8,550	$1,303	0.1%	$74.61	+102.9%	Common Stock	166764100
LDOS	Leidos Holdings Inc	2,750	$496	0.1%	$84.63	+123.4%	Common Stock	525327102
SCHF	Schwab International Equity Fund	30,153	$725	0.1%	$27.85	—	Schwab ETF	808524805
XYL	Xylem Inc	1,907	$260	0.0%	$97.38	+47.4%	Common Stock	98419M100
PGR	Progressive Corp	881	$201	0.0%	$221.00	-3.9%	Common Stock	743315103
PSX	Phillips 66	2,600	$336	0.0%	$122.03	+9.8%	Common Stock	718546104
MFG	Mizuho Financial Group Inc	28,800	$211	0.0%	$5.51	—	ADR	60687Y109
VIG	Vanguard Dividend Appreciation ETF	2,899	$637	0.1%	$164.98	—	Vang ETF	921908844
VOE	Vanguard Mid Cap Value	2,833	$503	0.1%	$128.05	—	Vang ETF	922908512
WM	Waste Management Inc	10,786	$2,370	0.3%	$109.53	+94.1%	Common Stock	94106L109
MCD	McDonald's Corp	7,563	$2,311	0.3%	$211.26	+44.4%	Common Stock	580135101
SCHB	Schwab US Broad Market ETF	19,204	$504	0.1%	$21.53	—	Schwab ETF	808524102
EFA	iShares MSCI EAFE Index Fund	3,825	$367	0.0%	$75.61	—	MSCI EAFE ETF	464287465
IWM	Ishares Tr Russell 2000 Index Fd	2,312	$569	0.1%	$220.74	—	Russell 2000 ETF	464287655
PEG	Public Service Enterprise Group	2,900	$233	0.0%	$68.39	+18.6%	Common Stock	744573106
EXC	Exelon Corporation	6,450	$281	0.0%	$43.37	+4.8%	Common Stock	30161N101
MA	Mastercard Inc	4,238	$2,419	0.3%	$385.09	+45.1%	Common Stock	57636Q104
IYW	iShares Trust Dow Jones US Tech Fund	1,930	$385	0.0%	$92.81	—	US Tech ETF	464287721
OCGN	Ocugen Inc	25,000	$34	0.0%	$0.83	+71.7%	Common Stock	67577C105
TIP	iShares TIPS Bond Fund	5,200	$572	0.1%	$112.67	—	Barclys TIPS BD	464287176
CSX	C S X Corp	7,883	$286	0.0%	$30.90	+15.5%	Common Stock	126408103
SCHA	Schwab US Small Cap ETF	8,154	$232	0.0%	$25.30	—	Schwab ETF	808524607
SYLD	Cambria Shareholder Yield ETF	4,189	$291	0.0%	$72.58	—	SHSHLD YIELD ETF	132061201
EWJ	iShares MSCI Japan Index Fund	7,921	$640	0.1%	$64.98	—	MSCI Japan ETF	46434G822
CP	Canadian Pacific Kansas City Ltd	4,185	$308	0.0%	$75.65	-2.7%	Common Stock	13646K108
BIDU	Baidu Inc ADR	3,102	$405	0.0%	$119.09	—	ADR	056752108
AON	Aon PLC	900	$318	0.0%	$191.78	+82.1%	ADR	G0403H108
VWO	Vanguard FTSE Emerging Mkt ETF	8,688	$467	0.1%	$40.94	—	Vang ETF	922042858
IJH	Ishares Tr S&P Midcap	3,620	$239	0.0%	$58.35	—	S&P Midcap	464287507
EMR	Emerson Electric Co	1,587	$211	0.0%	$113.54	+16.6%	Common Stock	291011104
IWR	iShares Russell Midcap Index Fd	8,363	$805	0.1%	$88.40	—	Rus Mid Cap ETF	464287499
TSLA	Tesla Inc	729	$328	0.0%	$301.28	+47.1%	Common Stock	88160R101
VO	Vanguard Mid-Cap ETF	776	$225	0.0%	$279.89	—	Vang ETF	922908629