HOURGLASS CAPITAL, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UNP	UNION PAC CORP	6,555	$1,516	0.3%	$227.32	0.0%	COM	907818108
MO	ALTRIA GROUP INC	9,900	$571	0.1%	$59.36	0.0%	COM	02209S103
UBER	UBER TECHNOLOGIES INC	4,654	$380	0.1%	$90.05	0.0%	COM	90353T100
BA	BOEING CO	1,500	$326	0.1%	$205.66	0.0%	COM	097023105
BABA	ALIBABA GROUP HLDG LTD	2,005	$294	0.1%	$146.58	—	SPONSORED ADS	01609W102
CTRA	COTERRA ENERGY INC	10,400	$274	0.1%	$25.10	0.0%	COM	127097103
VWO	VANGUARD INTL EQUITY INDEX F	5,000	$269	0.1%	$53.76	—	FTSE EMR MKT ETF	922042858
SOFI	SOFI TECHNOLOGIES INC	10,000	$262	0.1%	$27.87	0.0%	COM	83406F102
TGT	TARGET CORP	2,500	$244	0.1%	$91.63	0.0%	COM	87612E106
BMY	BRISTOL-MYERS SQUIBB CO	4,330	$234	0.1%	$47.53	0.0%	COM	110122108

Increased Positions (26)

ORCL ORACLE CORP 2.1%

Value ($000) $9,608 (-27.6%) Shares 49,294 (+4.4%) Est. Cost $45.00 Unrealized +428.9%

IRM IRON MTN INC DEL 1.4%

Value ($000) $6,641 (+92.4%) Shares 80,060 (+136.4%) Est. Cost $71.76 Unrealized +29.3%

KEX KIRBY CORP 1.8%

Value ($000) $8,272 (+34.4%) Shares 75,080 (+1.8%) Est. Cost $82.30 Unrealized +23.5%

CMCSA COMCAST CORP NEW 0.7%

Value ($000) $3,412 (+80.7%) Shares 114,140 (+90.0%) Est. Cost $30.77 Unrealized -7.3%

CNR CORE NATURAL RESOURCES INC 2.4%

Value ($000) $11,081 (+13.5%) Shares 125,195 (+7.1%) Est. Cost $81.79 Unrealized +4.1%

GSK GSK PLC 1.5%

Value ($000) $6,788 (+19.7%) Shares 138,409 (+5.4%) Est. Cost $39.23 Unrealized —

IWD ISHARES TR 0.3%

Value ($000) $1,333 (+512.6%) Shares 6,339 (+493.0%) Est. Cost $200.63 Unrealized —

BHP BHP GROUP LTD 1.2%

Value ($000) $5,717 (+19.9%) Shares 94,706 (+10.7%) Est. Cost $43.85 Unrealized —

HPQ HP INC 1.2%

Value ($000) $5,523 (-13.6%) Shares 247,869 (+5.6%) Est. Cost $20.28 Unrealized +24.5%

RF REGIONS FINANCIAL CORP NEW 1.2%

Value ($000) $5,647 (+17.5%) Shares 208,359 (+14.3%) Est. Cost $22.60 Unrealized +12.3%

UPS UNITED PARCEL SERVICE INC 0.9%

Value ($000) $4,073 (+21.2%) Shares 41,065 (+2.1%) Est. Cost $116.42 Unrealized -20.3%

VLY VALLEY NATL BANCORP 1.3%

Value ($000) $6,099 (+11.7%) Shares 522,136 (+1.4%) Est. Cost $10.37 Unrealized +7.0%

CLF CLEVELAND-CLIFFS INC NEW 0.2%

Value ($000) $1,129 (+105.6%) Shares 85,000 (+88.9%) Est. Cost $11.68 Unrealized +8.1%

T AT&T INC 1.1%

Value ($000) $5,190 (-9.3%) Shares 208,950 (+3.1%) Est. Cost $14.91 Unrealized +69.6%

IBM INTERNATIONAL BUSINESS MACHS 1.6%

Value ($000) $7,395 (+6.1%) Shares 24,964 (+1.1%) Est. Cost $104.95 Unrealized +184.7%

QCOM QUALCOMM INC 1.0%

Value ($000) $4,638 (+7.4%) Shares 27,115 (+4.5%) Est. Cost $95.40 Unrealized +79.0%

CVX CHEVRON CORP NEW 1.5%

Value ($000) $7,047 (+4.7%) Shares 46,239 (+6.6%) Est. Cost $91.90 Unrealized +64.7%

FLG FLAGSTAR BANK NATIONAL ASSOC 0.3%

Value ($000) $1,599 (+23.6%) Shares 127,000 (+13.4%) Est. Cost $11.36 Unrealized +5.2%

LAMR LAMAR ADVERTISING CO NEW 1.3%

Value ($000) $6,096 (+4.9%) Shares 48,163 (+1.4%) Est. Cost $127.63 Unrealized —

MAIN MAIN STR CAP CORP 1.6%

Value ($000) $7,540 (-3.1%) Shares 124,860 (+2.0%) Est. Cost $37.75 Unrealized +56.2%

VICI VICI PPTYS INC 1.3%

Value ($000) $5,884 (+3.0%) Shares 209,257 (+19.5%) Est. Cost $25.38 Unrealized +15.4%

DOW DOW INC 0.9%

Value ($000) $3,955 (+3.7%) Shares 169,153 (+1.7%) Est. Cost $28.11 Unrealized -19.0%

MOS MOSAIC CO NEW 0.2%

Value ($000) $1,014 (+4.1%) Shares 42,100 (+49.8%) Est. Cost $25.80 Unrealized +3.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value ($000) $3,541 (+1.1%) Shares 7,045 (+1.1%) Est. Cost $144.52 Unrealized +244.3%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $376 (+11.0%) Shares 436 (+19.1%) Est. Cost $765.36 Unrealized +18.3%

XLK SELECT SECTOR SPDR TR 0.3%

Value ($000) $1,618 (+2.0%) Shares 11,240 (+99.6%) Est. Cost $184.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	ORACLE CORP	49,294 (+4.4%)	$9,608 (-27.6%)	2.1%	$45.00	+428.9%	COM	68389X105
IRM	IRON MTN INC DEL	80,060 (+136.4%)	$6,641 (+92.4%)	1.4%	$71.76	+29.3%	COM	46284V101
KEX	KIRBY CORP	75,080 (+1.8%)	$8,272 (+34.4%)	1.8%	$82.30	+23.5%	COM	497266106
CMCSA	COMCAST CORP NEW	114,140 (+90.0%)	$3,412 (+80.7%)	0.7%	$30.77	-7.3%	CL A	20030N101
CNR	CORE NATURAL RESOURCES INC	125,195 (+7.1%)	$11,081 (+13.5%)	2.4%	$81.79	+4.1%	COM SHS	218937100
GSK	GSK PLC	138,409 (+5.4%)	$6,788 (+19.7%)	1.5%	$39.23	—	SPONSORED ADR	37733W204
IWD	ISHARES TR	6,339 (+493.0%)	$1,333 (+512.6%)	0.3%	$200.63	—	RUS 1000 VAL ETF	464287598
BHP	BHP GROUP LTD	94,706 (+10.7%)	$5,717 (+19.9%)	1.2%	$43.85	—	SPONSORED ADS	088606108
HPQ	HP INC	247,869 (+5.6%)	$5,523 (-13.6%)	1.2%	$20.28	+24.5%	COM	40434L105
RF	REGIONS FINANCIAL CORP NEW	208,359 (+14.3%)	$5,647 (+17.5%)	1.2%	$22.60	+12.3%	COM	7591EP100
UPS	UNITED PARCEL SERVICE INC	41,065 (+2.1%)	$4,073 (+21.2%)	0.9%	$116.42	-20.3%	CL B	911312106
VLY	VALLEY NATL BANCORP	522,136 (+1.4%)	$6,099 (+11.7%)	1.3%	$10.37	+7.0%	COM	919794107
CLF	CLEVELAND-CLIFFS INC NEW	85,000 (+88.9%)	$1,129 (+105.6%)	0.2%	$11.68	+8.1%	COM	185899101
T	AT&T INC	208,950 (+3.1%)	$5,190 (-9.3%)	1.1%	$14.91	+69.6%	COM	00206R102
IBM	INTERNATIONAL BUSINESS MACHS	24,964 (+1.1%)	$7,395 (+6.1%)	1.6%	$104.95	+184.7%	COM	459200101
QCOM	QUALCOMM INC	27,115 (+4.5%)	$4,638 (+7.4%)	1.0%	$95.40	+79.0%	COM	747525103
CVX	CHEVRON CORP NEW	46,239 (+6.6%)	$7,047 (+4.7%)	1.5%	$91.90	+64.7%	COM	166764100
FLG	FLAGSTAR BANK NATIONAL ASSOC	127,000 (+13.4%)	$1,599 (+23.6%)	0.3%	$11.36	+5.2%	COM NEW	649445400
LAMR	LAMAR ADVERTISING CO NEW	48,163 (+1.4%)	$6,096 (+4.9%)	1.3%	$127.63	—	CL A	512816109
MAIN	MAIN STR CAP CORP	124,860 (+2.0%)	$7,540 (-3.1%)	1.6%	$37.75	+56.2%	COM	56035L104
VICI	VICI PPTYS INC	209,257 (+19.5%)	$5,884 (+3.0%)	1.3%	$25.38	+15.4%	COM	925652109
DOW	DOW INC	169,153 (+1.7%)	$3,955 (+3.7%)	0.9%	$28.11	-19.0%	COM	260557103
MOS	MOSAIC CO NEW	42,100 (+49.8%)	$1,014 (+4.1%)	0.2%	$25.80	+3.7%	COM	61945C103
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,045 (+1.1%)	$3,541 (+1.1%)	0.8%	$144.52	+244.3%	CL B NEW	084670702
COST	COSTCO WHSL CORP NEW	436 (+19.1%)	$376 (+11.0%)	0.1%	$765.36	+18.3%	COM	22160K105
XLK	SELECT SECTOR SPDR TR	11,240 (+99.6%)	$1,618 (+2.0%)	0.3%	$184.98	—	STATE STREET TEC	81369Y803

Exited Positions (2)

MAN MANPOWERGROUP INC WIS 0.6%

Value ($000) $2,789 Shares 73,590 Est. Cost $43.05 Unrealized -27.4%

NVO NOVO-NORDISK A S 0.1%

Value ($000) $316 Shares 5,700 Est. Cost $109.19 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MAN	MANPOWERGROUP INC WIS	73,590	$2,789	0.6%	$43.05	-27.4%	—	56418H100
NVO	NOVO-NORDISK A S	5,700	$316	0.1%	$109.19	—	—	670100205

Decreased Positions (41)

GOOGL ALPHABET INC 3.3%

Value ($000) $15,112 (+21.9%) Shares 48,280 (-5.4%) Est. Cost $120.84 Unrealized +136.3%

NEM NEWMONT CORP 3.3%

Value ($000) $15,520 (+14.3%) Shares 155,434 (-3.5%) Est. Cost $39.83 Unrealized +126.4%

LYB LYONDELLBASELL INDUSTRIES N 0.9%

Value ($000) $4,397 (-27.0%) Shares 101,543 (-17.4%) Est. Cost $63.14 Unrealized -29.6%

GM GENERAL MTRS CO 1.4%

Value ($000) $6,618 (+30.6%) Shares 81,377 (-2.1%) Est. Cost $36.83 Unrealized +91.2%

FCX FREEPORT-MCMORAN INC 1.7%

Value ($000) $7,882 (+23.8%) Shares 155,193 (-4.4%) Est. Cost $29.49 Unrealized +46.9%

KHC KRAFT HEINZ CO 1.0%

Value ($000) $4,828 (-21.8%) Shares 199,090 (-16.1%) Est. Cost $29.12 Unrealized -15.4%

DAL DELTA AIR LINES INC DEL 1.7%

Value ($000) $7,899 (+19.9%) Shares 113,814 (-2.0%) Est. Cost $43.78 Unrealized +42.6%

MS MORGAN STANLEY 2.7%

Value ($000) $12,454 (+10.1%) Shares 70,150 (-1.4%) Est. Cost $21.19 Unrealized +685.6%

PFE PFIZER INC 2.4%

Value ($000) $10,910 (-9.0%) Shares 438,148 (-6.9%) Est. Cost $25.22 Unrealized -0.7%

ABBV ABBVIE INC 1.9%

Value ($000) $8,892 (-10.4%) Shares 38,916 (-9.2%) Est. Cost $102.46 Unrealized +122.1%

GS GOLDMAN SACHS GROUP INC 2.7%

Value ($000) $12,389 (+8.0%) Shares 14,094 (-2.1%) Est. Cost $144.46 Unrealized +463.0%

ZBH ZIMMER BIOMET HOLDINGS INC 1.5%

Value ($000) $7,027 (-11.0%) Shares 78,150 (-2.5%) Est. Cost $104.90 Unrealized -9.8%

SLB SLB LIMITED 1.9%

Value ($000) $9,016 (+9.7%) Shares 234,915 (-1.8%) Est. Cost $36.03 Unrealized +0.1%

SJM SMUCKER J M CO 1.0%

Value ($000) $4,829 (-13.4%) Shares 49,370 (-3.9%) Est. Cost $106.04 Unrealized -3.0%

CSCO CISCO SYS INC 2.5%

Value ($000) $11,464 (+5.7%) Shares 148,822 (-6.1%) Est. Cost $24.69 Unrealized +198.9%

BIIB BIOGEN INC 0.7%

Value ($000) $3,089 (+22.7%) Shares 17,550 (-2.3%) Est. Cost $124.60 Unrealized +31.1%

JEPI J P MORGAN EXCHANGE TRADED F 0.2%

Value ($000) $1,153 (-33.0%) Shares 20,150 (-33.2%) Est. Cost $56.68 Unrealized —

CPRI CAPRI HOLDINGS LIMITED 0.7%

Value ($000) $3,202 (+20.0%) Shares 131,230 (-2.1%) Est. Cost $24.50 Unrealized -5.6%

LNG CHENIERE ENERGY INC 0.5%

Value ($000) $2,248 (-19.0%) Shares 11,565 (-2.1%) Est. Cost $164.56 Unrealized +27.6%

WMB WILLIAMS COS INC 1.6%

Value ($000) $7,226 (-6.5%) Shares 120,210 (-1.5%) Est. Cost $19.56 Unrealized +207.1%

HCA HCA HEALTHCARE INC 1.8%

Value ($000) $8,453 (+5.8%) Shares 18,105 (-3.4%) Est. Cost $97.73 Unrealized +374.5%

TNL TRAVEL PLUS LEISURE CO 0.6%

Value ($000) $2,779 (+16.0%) Shares 39,395 (-2.1%) Est. Cost $42.85 Unrealized +52.0%

VLO VALERO ENERGY CORP 1.2%

Value ($000) $5,479 (-6.3%) Shares 33,655 (-2.0%) Est. Cost $72.14 Unrealized +134.0%

SYY SYSCO CORP 0.3%

Value ($000) $1,483 (-18.2%) Shares 20,120 (-8.6%) Est. Cost $58.87 Unrealized +28.2%

UGI UGI CORP NEW 0.7%

Value ($000) $3,258 (+9.9%) Shares 87,030 (-2.3%) Est. Cost $25.20 Unrealized +40.6%

FSLR FIRST SOLAR INC 0.5%

Value ($000) $2,183 (+14.5%) Shares 8,355 (-3.3%) Est. Cost $154.73 Unrealized +63.0%

CXW CORECIVIC INC 0.7%

Value ($000) $3,055 (-8.0%) Shares 159,890 (-2.0%) Est. Cost $14.51 Unrealized +26.3%

OI O-I GLASS INC 0.6%

Value ($000) $2,583 (+11.0%) Shares 175,000 (-2.4%) Est. Cost $11.95 Unrealized +10.7%

NRG NRG ENERGY INC 1.3%

Value ($000) $6,042 (-4.1%) Shares 37,940 (-2.4%) Est. Cost $40.63 Unrealized +306.9%

CAG CONAGRA BRANDS INC 0.5%

Value ($000) $2,497 (-7.4%) Shares 144,240 (-2.1%) Est. Cost $18.68 Unrealized -5.6%

MCK MCKESSON CORP 1.1%

Value ($000) $4,914 (+3.8%) Shares 5,990 (-2.3%) Est. Cost $251.02 Unrealized +224.9%

JPM JPMORGAN CHASE & CO. 0.2%

Value ($000) $936 (-15.3%) Shares 2,906 (-17.1%) Est. Cost $93.98 Unrealized +229.4%

HPE HEWLETT PACKARD ENTERPRISE C 0.7%

Value ($000) $3,438 (-4.5%) Shares 143,110 (-2.3%) Est. Cost $15.15 Unrealized +54.7%

BAC BANK AMERICA CORP 0.6%

Value ($000) $2,848 (+4.8%) Shares 51,787 (-1.7%) Est. Cost $32.55 Unrealized +61.8%

WDS WOODSIDE ENERGY GROUP LTD 1.0%

Value ($000) $4,822 (+2.4%) Shares 309,310 (-1.1%) Est. Cost $19.41 Unrealized —

CL COLGATE PALMOLIVE CO 0.0%

Value ($000) $221 (-25.2%) Shares 2,800 (-24.3%) Est. Cost $85.78 Unrealized -8.7%

SDY SPDR SERIES TRUST 0.3%

Value ($000) $1,337 (-3.5%) Shares 9,605 (-2.9%) Est. Cost $110.25 Unrealized —

TAP MOLSON COORS BEVERAGE CO 0.3%

Value ($000) $1,203 (-3.8%) Shares 25,775 (-6.8%) Est. Cost $44.89 Unrealized +2.0%

FHI FEDERATED HERMES INC 0.7%

Value ($000) $3,240 (-1.3%) Shares 62,218 (-1.6%) Est. Cost $25.76 Unrealized +95.3%

MMM 3M CO 0.8%

Value ($000) $3,585 (+0.9%) Shares 22,390 (-2.2%) Est. Cost $98.45 Unrealized +65.7%

OEF ISHARES TR 0.1%

Value ($000) $322 (+2.0%) Shares 940 (-1.1%) Est. Cost $90.91 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	48,280 (-5.4%)	$15,112 (+21.9%)	3.3%	$120.84	+136.3%	CAP STK CL A	02079K305
NEM	NEWMONT CORP	155,434 (-3.5%)	$15,520 (+14.3%)	3.3%	$39.83	+126.4%	COM	651639106
LYB	LYONDELLBASELL INDUSTRIES N	101,543 (-17.4%)	$4,397 (-27.0%)	0.9%	$63.14	-29.6%	SHS - A -	N53745100
GM	GENERAL MTRS CO	81,377 (-2.1%)	$6,618 (+30.6%)	1.4%	$36.83	+91.2%	COM	37045V100
FCX	FREEPORT-MCMORAN INC	155,193 (-4.4%)	$7,882 (+23.8%)	1.7%	$29.49	+46.9%	CL B	35671D857
KHC	KRAFT HEINZ CO	199,090 (-16.1%)	$4,828 (-21.8%)	1.0%	$29.12	-15.4%	COM	500754106
DAL	DELTA AIR LINES INC DEL	113,814 (-2.0%)	$7,899 (+19.9%)	1.7%	$43.78	+42.6%	COM NEW	247361702
MS	MORGAN STANLEY	70,150 (-1.4%)	$12,454 (+10.1%)	2.7%	$21.19	+685.6%	COM NEW	617446448
PFE	PFIZER INC	438,148 (-6.9%)	$10,910 (-9.0%)	2.4%	$25.22	-0.7%	COM	717081103
ABBV	ABBVIE INC	38,916 (-9.2%)	$8,892 (-10.4%)	1.9%	$102.46	+122.1%	COM	00287Y109
GS	GOLDMAN SACHS GROUP INC	14,094 (-2.1%)	$12,389 (+8.0%)	2.7%	$144.46	+463.0%	COM	38141G104
ZBH	ZIMMER BIOMET HOLDINGS INC	78,150 (-2.5%)	$7,027 (-11.0%)	1.5%	$104.90	-9.8%	COM	98956P102
SLB	SLB LIMITED	234,915 (-1.8%)	$9,016 (+9.7%)	1.9%	$36.03	+0.1%	COM STK	806857108
SJM	SMUCKER J M CO	49,370 (-3.9%)	$4,829 (-13.4%)	1.0%	$106.04	-3.0%	COM NEW	832696405
CSCO	CISCO SYS INC	148,822 (-6.1%)	$11,464 (+5.7%)	2.5%	$24.69	+198.9%	COM	17275R102
BIIB	BIOGEN INC	17,550 (-2.3%)	$3,089 (+22.7%)	0.7%	$124.60	+31.1%	COM	09062X103
JEPI	J P MORGAN EXCHANGE TRADED F	20,150 (-33.2%)	$1,153 (-33.0%)	0.2%	$56.68	—	EQUITY PREMIUM	46641Q332
CPRI	CAPRI HOLDINGS LIMITED	131,230 (-2.1%)	$3,202 (+20.0%)	0.7%	$24.50	-5.6%	SHS	G1890L107
LNG	CHENIERE ENERGY INC	11,565 (-2.1%)	$2,248 (-19.0%)	0.5%	$164.56	+27.6%	COM NEW	16411R208
WMB	WILLIAMS COS INC	120,210 (-1.5%)	$7,226 (-6.5%)	1.6%	$19.56	+207.1%	COM	969457100
HCA	HCA HEALTHCARE INC	18,105 (-3.4%)	$8,453 (+5.8%)	1.8%	$97.73	+374.5%	COM	40412C101
TNL	TRAVEL PLUS LEISURE CO	39,395 (-2.1%)	$2,779 (+16.0%)	0.6%	$42.85	+52.0%	COM	894164102
VLO	VALERO ENERGY CORP	33,655 (-2.0%)	$5,479 (-6.3%)	1.2%	$72.14	+134.0%	COM	91913Y100
SYY	SYSCO CORP	20,120 (-8.6%)	$1,483 (-18.2%)	0.3%	$58.87	+28.2%	COM	871829107
UGI	UGI CORP NEW	87,030 (-2.3%)	$3,258 (+9.9%)	0.7%	$25.20	+40.6%	COM	902681105
FSLR	FIRST SOLAR INC	8,355 (-3.3%)	$2,183 (+14.5%)	0.5%	$154.73	+63.0%	COM	336433107
CXW	CORECIVIC INC	159,890 (-2.0%)	$3,055 (-8.0%)	0.7%	$14.51	+26.3%	COM	21871N101
OI	O-I GLASS INC	175,000 (-2.4%)	$2,583 (+11.0%)	0.6%	$11.95	+10.7%	COM	67098H104
NRG	NRG ENERGY INC	37,940 (-2.4%)	$6,042 (-4.1%)	1.3%	$40.63	+306.9%	COM NEW	629377508
CAG	CONAGRA BRANDS INC	144,240 (-2.1%)	$2,497 (-7.4%)	0.5%	$18.68	-5.6%	COM	205887102
MCK	MCKESSON CORP	5,990 (-2.3%)	$4,914 (+3.8%)	1.1%	$251.02	+224.9%	COM	58155Q103
JPM	JPMORGAN CHASE & CO.	2,906 (-17.1%)	$936 (-15.3%)	0.2%	$93.98	+229.4%	COM	46625H100
HPE	HEWLETT PACKARD ENTERPRISE C	143,110 (-2.3%)	$3,438 (-4.5%)	0.7%	$15.15	+54.7%	COM	42824C109
BAC	BANK AMERICA CORP	51,787 (-1.7%)	$2,848 (+4.8%)	0.6%	$32.55	+61.8%	COM	060505104
WDS	WOODSIDE ENERGY GROUP LTD	309,310 (-1.1%)	$4,822 (+2.4%)	1.0%	$19.41	—	SPONSORED ADR	980228308
CL	COLGATE PALMOLIVE CO	2,800 (-24.3%)	$221 (-25.2%)	0.0%	$85.78	-8.7%	COM	194162103
SDY	SPDR SERIES TRUST	9,605 (-2.9%)	$1,337 (-3.5%)	0.3%	$110.25	—	STATE STREET SPD	78464A763
TAP	MOLSON COORS BEVERAGE CO	25,775 (-6.8%)	$1,203 (-3.8%)	0.3%	$44.89	+2.0%	CL B	60871R209
FHI	FEDERATED HERMES INC	62,218 (-1.6%)	$3,240 (-1.3%)	0.7%	$25.76	+95.3%	CL B	314211103
MMM	3M CO	22,390 (-2.2%)	$3,585 (+0.9%)	0.8%	$98.45	+65.7%	COM	88579Y101
OEF	ISHARES TR	940 (-1.1%)	$322 (+2.0%)	0.1%	$90.91	—	S&P 100 ETF	464287101

Unchanged Positions (37)

C CITIGROUP INC 2.9%

Value ($000) $13,562 Shares 116,222 Est. Cost $38.94 Unrealized +166.2%

HD HOME DEPOT INC 1.5%

Value ($000) $6,936 Shares 20,157 Est. Cost $160.77 Unrealized +126.8%

WMT WALMART INC 1.8%

Value ($000) $8,422 Shares 75,593 Est. Cost $50.60 Unrealized +111.8%

MSFT MICROSOFT CORP 1.4%

Value ($000) $6,386 Shares 13,205 Est. Cost $127.83 Unrealized +291.6%

BKR BAKER HUGHES COMPANY 1.5%

Value ($000) $6,797 Shares 149,260 Est. Cost $22.55 Unrealized +109.9%

AAPL APPLE INC 1.6%

Value ($000) $7,607 Shares 27,982 Est. Cost $82.62 Unrealized +224.8%

XOM EXXON MOBIL CORP 1.4%

Value ($000) $6,500 Shares 54,016 Est. Cost $57.22 Unrealized +101.8%

AVGO BROADCOM INC 1.6%

Value ($000) $7,213 Shares 20,840 Est. Cost $146.10 Unrealized +144.4%

KMI KINDER MORGAN INC DEL 1.7%

Value ($000) $7,676 Shares 279,219 Est. Cost $13.81 Unrealized +94.9%

FFIN FIRST FINL BANKSHARES INC 0.4%

Value ($000) $1,703 Shares 57,000 Est. Cost $35.57 Unrealized -11.8%

VZ VERIZON COMMUNICATIONS INC 0.5%

Value ($000) $2,526 Shares 62,018 Est. Cost $35.17 Unrealized +15.1%

JNJ JOHNSON & JOHNSON 0.4%

Value ($000) $1,834 Shares 8,860 Est. Cost $76.99 Unrealized +155.9%

DHI D R HORTON INC 0.2%

Value ($000) $1,017 Shares 7,060 Est. Cost $19.19 Unrealized +692.1%

ETN EATON CORP PLC 0.2%

Value ($000) $764 Shares 2,400 Est. Cost $80.68 Unrealized +339.3%

GOOG ALPHABET INC 0.1%

Value ($000) $517 Shares 1,648 Est. Cost $111.81 Unrealized +156.1%

LIN LINDE PLC 0.2%

Value ($000) $854 Shares 2,002 Est. Cost $444.55 Unrealized -3.9%

FITB FIFTH THIRD BANCORP 0.5%

Value ($000) $2,099 Shares 44,849 Est. Cost $21.01 Unrealized +107.8%

ABT ABBOTT LABS 0.3%

Value ($000) $1,253 Shares 10,000 Est. Cost $130.61 Unrealized -2.5%

ROST ROSS STORES INC 0.1%

Value ($000) $468 Shares 2,600 Est. Cost $81.75 Unrealized +103.8%

CAT CATERPILLAR INC 0.1%

Value ($000) $428 Shares 747 Est. Cost $206.59 Unrealized +168.9%

AMGN AMGEN INC 0.1%

Value ($000) $441 Shares 1,347 Est. Cost $191.94 Unrealized +64.6%

MPC MARATHON PETE CORP 0.1%

Value ($000) $325 Shares 2,000 Est. Cost $106.44 Unrealized +75.1%

RTX RTX CORPORATION 0.1%

Value ($000) $550 Shares 3,000 Est. Cost $100.12 Unrealized +73.1%

LH LABCORP HOLDINGS INC 0.1%

Value ($000) $251 Shares 1,000 Est. Cost $240.27 Unrealized +10.4%

VTI VANGUARD INDEX FDS 0.4%

Value ($000) $1,696 Shares 5,059 Est. Cost $251.36 Unrealized —

TM TOYOTA MOTOR CORP 0.1%

Value ($000) $300 Shares 1,400 Est. Cost $160.75 Unrealized —

PM PHILIP MORRIS INTL INC 1.8%

Value ($000) $8,566 Shares 53,405 Est. Cost $61.34 Unrealized +150.3%

NVDA NVIDIA CORPORATION 1.6%

Value ($000) $7,642 Shares 40,975 Est. Cost $119.17 Unrealized +56.2%

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $287 Shares 2,000 Est. Cost $58.52 Unrealized +151.5%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $671 Shares 984 Est. Cost $192.60 Unrealized —

UEC URANIUM ENERGY CORP 0.0%

Value ($000) $117 Shares 10,000 Est. Cost $3.01 Unrealized +335.9%

LMT LOCKHEED MARTIN CORP 0.1%

Value ($000) $484 Shares 1,000 Est. Cost $71.65 Unrealized +564.6%

PSX PHILLIPS 66 0.0%

Value ($000) $228 Shares 1,770 Est. Cost $103.33 Unrealized +29.7%

F FORD MTR CO 0.0%

Value ($000) $131 Shares 10,000 Est. Cost $11.88 Unrealized +8.0%

GD GENERAL DYNAMICS CORP 0.1%

Value ($000) $309 Shares 919 Est. Cost $284.08 Unrealized +20.0%

XLC SELECT SECTOR SPDR TR 0.1%

Value ($000) $471 Shares 4,000 Est. Cost $96.81 Unrealized —

COP CONOCOPHILLIPS 0.1%

Value ($000) $235 Shares 2,510 Est. Cost $96.07 Unrealized -6.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
C	CITIGROUP INC	116,222	$13,562	2.9%	$38.94	+166.2%	COM NEW	172967424
HD	HOME DEPOT INC	20,157	$6,936	1.5%	$160.77	+126.8%	COM	437076102
WMT	WALMART INC	75,593	$8,422	1.8%	$50.60	+111.8%	COM	931142103
MSFT	MICROSOFT CORP	13,205	$6,386	1.4%	$127.83	+291.6%	COM	594918104
BKR	BAKER HUGHES COMPANY	149,260	$6,797	1.5%	$22.55	+109.9%	CL A	05722G100
AAPL	APPLE INC	27,982	$7,607	1.6%	$82.62	+224.8%	COM	037833100
XOM	EXXON MOBIL CORP	54,016	$6,500	1.4%	$57.22	+101.8%	COM	30231G102
AVGO	BROADCOM INC	20,840	$7,213	1.6%	$146.10	+144.4%	COM	11135F101
KMI	KINDER MORGAN INC DEL	279,219	$7,676	1.7%	$13.81	+94.9%	COM	49456B101
FFIN	FIRST FINL BANKSHARES INC	57,000	$1,703	0.4%	$35.57	-11.8%	COM	32020R109
VZ	VERIZON COMMUNICATIONS INC	62,018	$2,526	0.5%	$35.17	+15.1%	COM	92343V104
JNJ	JOHNSON & JOHNSON	8,860	$1,834	0.4%	$76.99	+155.9%	COM	478160104
DHI	D R HORTON INC	7,060	$1,017	0.2%	$19.19	+692.1%	COM	23331A109
ETN	EATON CORP PLC	2,400	$764	0.2%	$80.68	+339.3%	SHS	G29183103
GOOG	ALPHABET INC	1,648	$517	0.1%	$111.81	+156.1%	CAP STK CL C	02079K107
LIN	LINDE PLC	2,002	$854	0.2%	$444.55	-3.9%	SHS	G54950103
FITB	FIFTH THIRD BANCORP	44,849	$2,099	0.5%	$21.01	+107.8%	COM	316773100
ABT	ABBOTT LABS	10,000	$1,253	0.3%	$130.61	-2.5%	COM	002824100
ROST	ROSS STORES INC	2,600	$468	0.1%	$81.75	+103.8%	COM	778296103
CAT	CATERPILLAR INC	747	$428	0.1%	$206.59	+168.9%	COM	149123101
AMGN	AMGEN INC	1,347	$441	0.1%	$191.94	+64.6%	COM	031162100
MPC	MARATHON PETE CORP	2,000	$325	0.1%	$106.44	+75.1%	COM	56585A102
RTX	RTX CORPORATION	3,000	$550	0.1%	$100.12	+73.1%	COM	75513E101
LH	LABCORP HOLDINGS INC	1,000	$251	0.1%	$240.27	+10.4%	COM SHS	504922105
VTI	VANGUARD INDEX FDS	5,059	$1,696	0.4%	$251.36	—	TOTAL STK MKT	922908769
TM	TOYOTA MOTOR CORP	1,400	$300	0.1%	$160.75	—	ADS	892331307
PM	PHILIP MORRIS INTL INC	53,405	$8,566	1.8%	$61.34	+150.3%	COM	718172109
NVDA	NVIDIA CORPORATION	40,975	$7,642	1.6%	$119.17	+56.2%	COM	67066G104
PG	PROCTER AND GAMBLE CO	2,000	$287	0.1%	$58.52	+151.5%	COM	742718109
SPY	SPDR S&P 500 ETF TR	984	$671	0.1%	$192.60	—	TR UNIT	78462F103
UEC	URANIUM ENERGY CORP	10,000	$117	0.0%	$3.01	+335.9%	COM	916896103
LMT	LOCKHEED MARTIN CORP	1,000	$484	0.1%	$71.65	+564.6%	COM	539830109
PSX	PHILLIPS 66	1,770	$228	0.0%	$103.33	+29.7%	COM	718546104
F	FORD MTR CO	10,000	$131	0.0%	$11.88	+8.0%	COM	345370860
GD	GENERAL DYNAMICS CORP	919	$309	0.1%	$284.08	+20.0%	COM	369550108
XLC	SELECT SECTOR SPDR TR	4,000	$471	0.1%	$96.81	—	STATE STREET COM	81369Y852
COP	CONOCOPHILLIPS	2,510	$235	0.1%	$96.07	-6.3%	COM	20825C104