Harold Davidson & Associates Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	21,203 (+9.6%)	$6,637 (+41.1%)	2.9%	$194.19	+47.1%	CAP STK CL A	02079K305
LLY	ELI LILLY & CO	4,657 (+1.3%)	$5,005 (+42.6%)	2.2%	$798.85	+19.6%	COM	532457108
ABBV	ABBVIE INC	13,201 (+21.5%)	$3,016 (+19.9%)	1.3%	$188.70	+20.6%	COM	00287Y109
AVGO	BROADCOM INC	3,088 (+44.5%)	$1,069 (+51.6%)	0.5%	$245.86	+45.2%	COM	11135F101
GS	GOLDMAN SACHS GROUP INC	3,252 (+2.7%)	$2,859 (+13.4%)	1.3%	$626.16	+29.9%	COM	38141G104
HOOD	ROBINHOOD MKTS INC	12,331 (+5.4%)	$1,395 (-16.7%)	0.6%	$110.13	+18.1%	COM CL A	770700102
NOW	SERVICENOW INC	6,200 (+382.1%)	$950 (-19.7%)	0.4%	$176.97	-3.1%	COM	81762P102
KTOS	KRATOS DEFENSE & SEC SOLUTIO	18,181 (+4.3%)	$1,380 (-13.3%)	0.6%	$64.77	+26.4%	COM NEW	50077B207
GEV	GE VERNOVA INC	2,388 (+5.9%)	$1,561 (+12.6%)	0.7%	$574.13	+6.1%	COM	36828A101
PWR	QUANTA SVCS INC	7,098 (+1.8%)	$2,996 (+3.7%)	1.3%	$353.28	+24.3%	COM	74762E102
NFLX	NETFLIX INC	5,813 (+974.5%)	$545 (-16.0%)	0.2%	$106.03	+1.7%	COM	64110L106
RSG	REPUBLIC SVCS INC	7,737 (+2.7%)	$1,640 (-5.1%)	0.7%	$213.39	+0.6%	COM	760759100
NSC	NORFOLK SOUTHN CORP	6,641 (+1.6%)	$1,917 (-2.3%)	0.8%	$258.24	+11.8%	COM	655844108

Exited Positions (1)

PANW PALO ALTO NETWORKS INC 0.1%

Value ($000) $215 Shares 1,056 Est. Cost $185.97 Unrealized +8.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PANW	PALO ALTO NETWORKS INC	1,056	$215	0.1%	$185.97	+8.5%	—	697435105

Decreased Positions (30)

HD HOME DEPOT INC 1.5%

Value ($000) $3,469 (-19.4%) Shares 10,081 (-5.0%) Est. Cost $394.85 Unrealized -7.7%

COST COSTCO WHSL CORP NEW 2.1%

Value ($000) $4,771 (-10.8%) Shares 5,533 (-4.2%) Est. Cost $932.58 Unrealized -2.9%

ADBE ADOBE INC 0.6%

Value ($000) $1,245 (-29.3%) Shares 3,556 (-28.8%) Est. Cost $493.62 Unrealized -31.1%

MAR MARRIOTT INTL INC NEW 1.4%

Value ($000) $3,067 (+17.6%) Shares 9,886 (-1.2%) Est. Cost $270.29 Unrealized +5.6%

ADP AUTOMATIC DATA PROCESSING IN 0.6%

Value ($000) $1,255 (-19.4%) Shares 4,878 (-8.0%) Est. Cost $290.66 Unrealized -8.9%

LOW LOWES COS INC 0.9%

Value ($000) $1,959 (-11.4%) Shares 8,125 (-7.7%) Est. Cost $256.82 Unrealized -6.6%

ABT ABBOTT LABS 0.6%

Value ($000) $1,249 (-14.8%) Shares 9,965 (-9.0%) Est. Cost $117.03 Unrealized +8.8%

GOOG ALPHABET INC 0.3%

Value ($000) $758 (+27.5%) Shares 2,415 (-1.0%) Est. Cost $175.67 Unrealized +63.0%

JOBY JOBY AVIATION INC 0.1%

Value ($000) $149 (-50.5%) Shares 11,318 (-39.5%) Est. Cost $15.19 Unrealized +1.1%

NOC NORTHROP GRUMMAN CORP 0.6%

Value ($000) $1,330 (-9.7%) Shares 2,332 (-3.5%) Est. Cost $518.94 Unrealized +11.5%

TSLA TESLA INC 0.7%

Value ($000) $1,604 (-6.6%) Shares 3,566 (-7.6%) Est. Cost $321.74 Unrealized +37.8%

JPM JPMORGAN CHASE & CO. 2.7%

Value ($000) $6,201 (-1.7%) Shares 19,244 (-3.8%) Est. Cost $247.15 Unrealized +25.2%

FTNT FORTINET INC 0.6%

Value ($000) $1,276 (-7.2%) Shares 16,067 (-1.8%) Est. Cost $89.01 Unrealized -6.8%

ALLO ALLOGENE THERAPEUTICS INC 0.1%

Value ($000) $267 (-27.2%) Shares 194,753 (-34.1%) Est. Cost $1.75 Unrealized -24.8%

IWF ISHARES TR 0.1%

Value ($000) $244 (-28.5%) Shares 515 (-29.3%) Est. Cost $429.46 Unrealized —

MCD MCDONALDS CORP 0.9%

Value ($000) $2,079 (-4.1%) Shares 6,802 (-4.7%) Est. Cost $293.65 Unrealized +3.9%

BMY BRISTOL-MYERS SQUIBB CO 0.2%

Value ($000) $550 (+17.8%) Shares 10,201 (-1.5%) Est. Cost $50.87 Unrealized -6.6%

XOM EXXON MOBIL CORP 0.7%

Value ($000) $1,570 (+5.4%) Shares 13,048 (-1.2%) Est. Cost $111.47 Unrealized +3.6%

CRM SALESFORCE INC 0.5%

Value ($000) $1,171 (+6.6%) Shares 4,422 (-4.7%) Est. Cost $313.96 Unrealized -21.0%

TXRH TEXAS ROADHOUSE INC 0.4%

Value ($000) $839 (-7.6%) Shares 5,052 (-7.5%) Est. Cost $183.09 Unrealized -7.8%

PAYX PAYCHEX INC 0.1%

Value ($000) $228 (-19.2%) Shares 2,032 (-8.7%) Est. Cost $137.31 Unrealized -15.1%

ODFL OLD DOMINION FREIGHT LINE IN 0.3%

Value ($000) $638 (+8.8%) Shares 4,069 (-2.3%) Est. Cost $184.05 Unrealized -22.2%

DIS DISNEY WALT CO 0.2%

Value ($000) $544 (-6.8%) Shares 4,783 (-6.2%) Est. Cost $107.15 Unrealized +2.2%

DUK DUKE ENERGY CORP NEW 0.2%

Value ($000) $422 (-7.2%) Shares 3,599 (-2.0%) Est. Cost $111.15 Unrealized +9.4%

CSX CSX CORP 0.1%

Value ($000) $305 (-4.8%) Shares 8,400 (-6.8%) Est. Cost $33.68 Unrealized +6.0%

KO COCA COLA CO 0.6%

Value ($000) $1,265 (-1.0%) Shares 18,100 (-6.1%) Est. Cost $64.49 Unrealized +7.6%

LSTR LANDSTAR SYS INC 0.1%

Value ($000) $208 (+3.0%) Shares 1,450 (-12.1%) Est. Cost $171.86 Unrealized —

CB CHUBB LIMITED 0.6%

Value ($000) $1,356 (+0.4%) Shares 4,346 (-9.2%) Est. Cost $279.56 Unrealized +4.6%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $323 (-0.5%) Shares 474 (-2.9%) Est. Cost $665.90 Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.3%

Value ($000) $759 (-0.2%) Shares 6,580 (-2.6%) Est. Cost $97.77 Unrealized +20.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	10,081 (-5.0%)	$3,469 (-19.4%)	1.5%	$394.85	-7.7%	COM	437076102
COST	COSTCO WHSL CORP NEW	5,533 (-4.2%)	$4,771 (-10.8%)	2.1%	$932.58	-2.9%	COM	22160K105
ADBE	ADOBE INC	3,556 (-28.8%)	$1,245 (-29.3%)	0.6%	$493.62	-31.1%	COM	00724F101
MAR	MARRIOTT INTL INC NEW	9,886 (-1.2%)	$3,067 (+17.6%)	1.4%	$270.29	+5.6%	CL A	571903202
ADP	AUTOMATIC DATA PROCESSING IN	4,878 (-8.0%)	$1,255 (-19.4%)	0.6%	$290.66	-8.9%	COM	053015103
LOW	LOWES COS INC	8,125 (-7.7%)	$1,959 (-11.4%)	0.9%	$256.82	-6.6%	COM	548661107
ABT	ABBOTT LABS	9,965 (-9.0%)	$1,249 (-14.8%)	0.6%	$117.03	+8.8%	COM	002824100
GOOG	ALPHABET INC	2,415 (-1.0%)	$758 (+27.5%)	0.3%	$175.67	+63.0%	CAP STK CL C	02079K107
JOBY	JOBY AVIATION INC	11,318 (-39.5%)	$149 (-50.5%)	0.1%	$15.19	+1.1%	COMMON STOCK	G65163100
NOC	NORTHROP GRUMMAN CORP	2,332 (-3.5%)	$1,330 (-9.7%)	0.6%	$518.94	+11.5%	COM	666807102
TSLA	TESLA INC	3,566 (-7.6%)	$1,604 (-6.6%)	0.7%	$321.74	+37.8%	COM	88160R101
JPM	JPMORGAN CHASE & CO.	19,244 (-3.8%)	$6,201 (-1.7%)	2.7%	$247.15	+25.2%	COM	46625H100
FTNT	FORTINET INC	16,067 (-1.8%)	$1,276 (-7.2%)	0.6%	$89.01	-6.8%	COM	34959E109
ALLO	ALLOGENE THERAPEUTICS INC	194,753 (-34.1%)	$267 (-27.2%)	0.1%	$1.75	-24.8%	COM	019770106
IWF	ISHARES TR	515 (-29.3%)	$244 (-28.5%)	0.1%	$429.46	—	RUS 1000 GRW ETF	464287614
MCD	MCDONALDS CORP	6,802 (-4.7%)	$2,079 (-4.1%)	0.9%	$293.65	+3.9%	COM	580135101
BMY	BRISTOL-MYERS SQUIBB CO	10,201 (-1.5%)	$550 (+17.8%)	0.2%	$50.87	-6.6%	COM	110122108
XOM	EXXON MOBIL CORP	13,048 (-1.2%)	$1,570 (+5.4%)	0.7%	$111.47	+3.6%	COM	30231G102
CRM	SALESFORCE INC	4,422 (-4.7%)	$1,171 (+6.6%)	0.5%	$313.96	-21.0%	COM	79466L302
TXRH	TEXAS ROADHOUSE INC	5,052 (-7.5%)	$839 (-7.6%)	0.4%	$183.09	-7.8%	COM	882681109
PAYX	PAYCHEX INC	2,032 (-8.7%)	$228 (-19.2%)	0.1%	$137.31	-15.1%	COM	704326107
ODFL	OLD DOMINION FREIGHT LINE IN	4,069 (-2.3%)	$638 (+8.8%)	0.3%	$184.05	-22.2%	COM	679580100
DIS	DISNEY WALT CO	4,783 (-6.2%)	$544 (-6.8%)	0.2%	$107.15	+2.2%	COM	254687106
DUK	DUKE ENERGY CORP NEW	3,599 (-2.0%)	$422 (-7.2%)	0.2%	$111.15	+9.4%	COM NEW	26441C204
CSX	CSX CORP	8,400 (-6.8%)	$305 (-4.8%)	0.1%	$33.68	+6.0%	COM	126408103
KO	COCA COLA CO	18,100 (-6.1%)	$1,265 (-1.0%)	0.6%	$64.49	+7.6%	COM	191216100
LSTR	LANDSTAR SYS INC	1,450 (-12.1%)	$208 (+3.0%)	0.1%	$171.86	—	COM	515098101
CB	CHUBB LIMITED	4,346 (-9.2%)	$1,356 (+0.4%)	0.6%	$279.56	+4.6%	COM	H1467J104
SPY	SPDR S&P 500 ETF TR	474 (-2.9%)	$323 (-0.5%)	0.1%	$665.90	—	TR UNIT	78462F103
AEP	AMERICAN ELEC PWR CO INC	6,580 (-2.6%)	$759 (-0.2%)	0.3%	$97.77	+20.4%	COM	025537101

Unchanged Positions (21)

AAPL APPLE INC 24.3%

Value ($000) $55,023 Shares 202,394 Est. Cost $232.59 Unrealized +15.4%

CSCO CISCO SYS INC 9.6%

Value ($000) $21,593 Shares 280,325 Est. Cost $56.05 Unrealized +31.7%

MSFT MICROSOFT CORP 8.7%

Value ($000) $19,647 Shares 40,624 Est. Cost $435.55 Unrealized +14.9%

META META PLATFORMS INC 1.7%

Value ($000) $3,786 Shares 5,735 Est. Cost $639.42 Unrealized +4.4%

TJX TJX COS INC NEW 2.2%

Value ($000) $5,052 Shares 32,887 Est. Cost $120.67 Unrealized +22.4%

WFC WELLS FARGO CO NEW 1.1%

Value ($000) $2,522 Shares 27,059 Est. Cost $74.42 Unrealized +16.4%

AXP AMERICAN EXPRESS CO 1.2%

Value ($000) $2,667 Shares 7,208 Est. Cost $295.89 Unrealized +20.6%

AMZN AMAZON COM INC 2.3%

Value ($000) $5,212 Shares 22,579 Est. Cost $211.92 Unrealized +8.0%

CRWD CROWDSTRIKE HLDGS INC 2.8%

Value ($000) $6,275 Shares 13,386 Est. Cost $378.06 Unrealized +34.7%

SYK STRYKER CORPORATION 1.3%

Value ($000) $3,035 Shares 8,634 Est. Cost $371.64 Unrealized -2.2%

GE GE AEROSPACE 2.9%

Value ($000) $6,540 Shares 21,232 Est. Cost $210.10 Unrealized +43.2%

V VISA INC 3.3%

Value ($000) $7,522 Shares 21,448 Est. Cost $310.58 Unrealized +9.6%

NVDA NVIDIA CORPORATION 3.2%

Value ($000) $7,208 Shares 38,651 Est. Cost $149.29 Unrealized +24.7%

MS MORGAN STANLEY 0.2%

Value ($000) $407 Shares 2,290 Est. Cost $120.96 Unrealized +37.6%

BX BLACKSTONE INC 0.1%

Value ($000) $338 Shares 2,192 Est. Cost $168.78 Unrealized -10.3%

BAC BANK AMERICA CORP 0.2%

Value ($000) $491 Shares 8,932 Est. Cost $45.19 Unrealized +16.6%

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $456 Shares 1,540 Est. Cost $259.55 Unrealized +15.1%

CVX CHEVRON CORP NEW 0.2%

Value ($000) $493 Shares 3,233 Est. Cost $146.30 Unrealized +3.5%

EEM ISHARES TR 0.1%

Value ($000) $214 Shares 3,905 Est. Cost $53.40 Unrealized —

MA MASTERCARD INCORPORATED 1.8%

Value ($000) $4,029 Shares 7,057 Est. Cost $536.16 Unrealized +4.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.4%

Value ($000) $1,015 Shares 2,019 Est. Cost $463.80 Unrealized +7.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	202,394	$55,023	24.3%	$232.59	+15.4%	COM	037833100
CSCO	CISCO SYS INC	280,325	$21,593	9.6%	$56.05	+31.7%	COM	17275R102
MSFT	MICROSOFT CORP	40,624	$19,647	8.7%	$435.55	+14.9%	COM	594918104
META	META PLATFORMS INC	5,735	$3,786	1.7%	$639.42	+4.4%	CL A	30303M102
TJX	TJX COS INC NEW	32,887	$5,052	2.2%	$120.67	+22.4%	COM	872540109
WFC	WELLS FARGO CO NEW	27,059	$2,522	1.1%	$74.42	+16.4%	COM	949746101
AXP	AMERICAN EXPRESS CO	7,208	$2,667	1.2%	$295.89	+20.6%	COM	025816109
AMZN	AMAZON COM INC	22,579	$5,212	2.3%	$211.92	+8.0%	COM	023135106
CRWD	CROWDSTRIKE HLDGS INC	13,386	$6,275	2.8%	$378.06	+34.7%	CL A	22788C105
SYK	STRYKER CORPORATION	8,634	$3,035	1.3%	$371.64	-2.2%	COM	863667101
GE	GE AEROSPACE	21,232	$6,540	2.9%	$210.10	+43.2%	COM NEW	369604301
V	VISA INC	21,448	$7,522	3.3%	$310.58	+9.6%	COM CL A	92826C839
NVDA	NVIDIA CORPORATION	38,651	$7,208	3.2%	$149.29	+24.7%	COM	67066G104
MS	MORGAN STANLEY	2,290	$407	0.2%	$120.96	+37.6%	COM NEW	617446448
BX	BLACKSTONE INC	2,192	$338	0.1%	$168.78	-10.3%	COM	09260D107
BAC	BANK AMERICA CORP	8,932	$491	0.2%	$45.19	+16.6%	COM	060505104
IBM	INTERNATIONAL BUSINESS MACHS	1,540	$456	0.2%	$259.55	+15.1%	COM	459200101
CVX	CHEVRON CORP NEW	3,233	$493	0.2%	$146.30	+3.5%	COM	166764100
EEM	ISHARES TR	3,905	$214	0.1%	$53.40	—	MSCI EMG MKT ETF	464287234
MA	MASTERCARD INCORPORATED	7,057	$4,029	1.8%	$536.16	+4.3%	CL A	57636Q104
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,019	$1,015	0.4%	$463.80	+7.3%	CL B NEW	084670702