LS Investment Advisors, LLC Diversified Active

CIK: 0001455845 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 26, 2026

Total Value ($000): $713,683 (100.0% shares, 0.0% debt)

Holdings (131)

New Positions (5)

KMI KINDER MORGAN INC DEL 0.1%

Value ($000) $996 Shares 36,229 Est. Cost $26.91 Unrealized 0.0%

LMT LOCKHEED MARTIN CORP 0.1%

Value ($000) $509 Shares 1,053 Est. Cost $476.18 Unrealized 0.0%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $313 Shares 356 Est. Cost $813.35 Unrealized 0.0%

IAU ISHARES GOLD TR 0.0%

Value ($000) $256 Shares 3,155 Est. Cost $81.17 Unrealized —

PM PHILIP MORRIS INTL INC 0.0%

Value ($000) $201 Shares 1,256 Est. Cost $153.57 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMI	KINDER MORGAN INC DEL	36,229	$996	0.1%	$26.91	0.0%	COM	49456B101
LMT	LOCKHEED MARTIN CORP	1,053	$509	0.1%	$476.18	0.0%	COM	539830109
GS	GOLDMAN SACHS GROUP INC	356	$313	0.0%	$813.35	0.0%	COM	38141G104
IAU	ISHARES GOLD TR	3,155	$256	0.0%	$81.17	—	ISHARES NEW	464285204
PM	PHILIP MORRIS INTL INC	1,256	$201	0.0%	$153.57	0.0%	COM	718172109

Increased Positions (32)

VYMI VANGUARD WHITEHALL FDS 5.0%

Value ($000) $35,695 (+11.1%) Shares 396,610 (+4.6%) Est. Cost $73.90 Unrealized —

AMZN AMAZON COM INC 2.5%

Value ($000) $17,945 (+6.9%) Shares 77,743 (+1.7%) Est. Cost $189.85 Unrealized +20.5%

BLK BLACKROCK INC 2.1%

Value ($000) $14,849 (-6.3%) Shares 13,873 (+2.0%) Est. Cost $993.02 Unrealized +9.7%

MRK MERCK & CO INC 0.5%

Value ($000) $3,572 (+28.6%) Shares 33,933 (+2.6%) Est. Cost $77.29 Unrealized +20.6%

LLY ELI LILLY & CO 0.3%

Value ($000) $2,138 (+57.8%) Shares 1,989 (+12.0%) Est. Cost $371.15 Unrealized +157.5%

ADP AUTOMATIC DATA PROCESSING IN 1.0%

Value ($000) $7,109 (-9.0%) Shares 27,637 (+3.8%) Est. Cost $180.10 Unrealized +47.0%

JNJ JOHNSON & JOHNSON 0.4%

Value ($000) $3,183 (+22.6%) Shares 15,379 (+9.9%) Est. Cost $117.59 Unrealized +67.5%

XLE SELECT SECTOR SPDR TR 1.1%

Value ($000) $7,606 (-6.4%) Shares 170,108 (+87.1%) Est. Cost $59.97 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $1,776 (+30.5%) Shares 5,996 (+24.3%) Est. Cost $171.77 Unrealized +73.9%

CSCO CISCO SYS INC 0.4%

Value ($000) $2,522 (+17.6%) Shares 32,741 (+4.4%) Est. Cost $48.94 Unrealized +50.8%

SCHW SCHWAB CHARLES CORP 0.7%

Value ($000) $4,836 (+5.8%) Shares 48,405 (+1.1%) Est. Cost $72.74 Unrealized +30.2%

KO COCA COLA CO 0.1%

Value ($000) $1,045 (+33.9%) Shares 14,947 (+27.0%) Est. Cost $45.73 Unrealized +51.8%

AXP AMERICAN EXPRESS CO 0.2%

Value ($000) $1,117 (+25.7%) Shares 3,019 (+12.8%) Est. Cost $136.49 Unrealized +161.5%

TJX TJX COS INC NEW 0.1%

Value ($000) $749 (+41.8%) Shares 4,877 (+33.5%) Est. Cost $118.80 Unrealized +24.3%

ABBV ABBVIE INC 0.4%

Value ($000) $2,510 (+9.5%) Shares 10,983 (+11.0%) Est. Cost $96.01 Unrealized +137.0%

UNH UNITEDHEALTH GROUP INC 0.1%

Value ($000) $801 (+28.1%) Shares 2,425 (+34.0%) Est. Cost $357.98 Unrealized -5.8%

JPM JPMORGAN CHASE & CO. 0.3%

Value ($000) $1,786 (+9.8%) Shares 5,542 (+7.5%) Est. Cost $83.86 Unrealized +269.1%

ABT ABBOTT LABS 0.1%

Value ($000) $826 (+23.7%) Shares 6,595 (+32.3%) Est. Cost $61.60 Unrealized +106.7%

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $400 (+32.2%) Shares 2,249 (+35.6%) Est. Cost $167.05 Unrealized +8.4%

UPS UNITED PARCEL SERVICE INC 0.0%

Value ($000) $325 (+32.3%) Shares 3,275 (+11.4%) Est. Cost $117.34 Unrealized -21.0%

CINF CINCINNATI FINL CORP 0.1%

Value ($000) $982 (+6.6%) Shares 6,013 (+3.2%) Est. Cost $150.57 Unrealized +7.1%

T AT&T INC 0.1%

Value ($000) $798 (+5.7%) Shares 32,116 (+20.2%) Est. Cost $15.20 Unrealized +66.4%

IWF ISHARES TR 0.2%

Value ($000) $1,444 (+2.2%) Shares 3,051 (+1.2%) Est. Cost $151.78 Unrealized —

TSLA TESLA INC 0.2%

Value ($000) $1,221 (+2.1%) Shares 2,715 (+1.0%) Est. Cost $328.17 Unrealized +35.1%

CVS CVS HEALTH CORP 0.0%

Value ($000) $284 (+9.4%) Shares 3,575 (+3.9%) Est. Cost $64.83 Unrealized +21.4%

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $720 (+2.2%) Shares 5,000 (+100.0%) Est. Cost $110.12 Unrealized —

PG PROCTER AND GAMBLE CO 0.3%

Value ($000) $2,428 (+0.4%) Shares 16,942 (+7.7%) Est. Cost $90.53 Unrealized +62.6%

MA MASTERCARD INCORPORATED 0.0%

Value ($000) $294 (+2.6%) Shares 515 (+2.2%) Est. Cost $402.62 Unrealized +38.8%

DUK DUKE ENERGY CORP NEW 0.2%

Value ($000) $1,341 (+0.4%) Shares 11,445 (+6.0%) Est. Cost $94.73 Unrealized +28.3%

COP CONOCOPHILLIPS 0.0%

Value ($000) $278 (+1.1%) Shares 2,967 (+2.1%) Est. Cost $42.23 Unrealized +113.2%

MO ALTRIA GROUP INC 0.1%

Value ($000) $887 (+0.3%) Shares 15,375 (+14.9%) Est. Cost $40.91 Unrealized +45.1%

CVX CHEVRON CORP NEW 0.5%

Value ($000) $3,441 (-0.0%) Shares 22,576 (+1.8%) Est. Cost $99.70 Unrealized +51.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VYMI	VANGUARD WHITEHALL FDS	396,610 (+4.6%)	$35,695 (+11.1%)	5.0%	$73.90	—	INTL HIGH ETF	921946794
AMZN	AMAZON COM INC	77,743 (+1.7%)	$17,945 (+6.9%)	2.5%	$189.85	+20.5%	COM	023135106
BLK	BLACKROCK INC	13,873 (+2.0%)	$14,849 (-6.3%)	2.1%	$993.02	+9.7%	COM	09290D101
MRK	MERCK & CO INC	33,933 (+2.6%)	$3,572 (+28.6%)	0.5%	$77.29	+20.6%	COM	58933Y105
LLY	ELI LILLY & CO	1,989 (+12.0%)	$2,138 (+57.8%)	0.3%	$371.15	+157.5%	COM	532457108
ADP	AUTOMATIC DATA PROCESSING IN	27,637 (+3.8%)	$7,109 (-9.0%)	1.0%	$180.10	+47.0%	COM	053015103
JNJ	JOHNSON & JOHNSON	15,379 (+9.9%)	$3,183 (+22.6%)	0.4%	$117.59	+67.5%	COM	478160104
XLE	SELECT SECTOR SPDR TR	170,108 (+87.1%)	$7,606 (-6.4%)	1.1%	$59.97	—	STATE STREET ENE	81369Y506
IBM	INTERNATIONAL BUSINESS MACHS	5,996 (+24.3%)	$1,776 (+30.5%)	0.2%	$171.77	+73.9%	COM	459200101
CSCO	CISCO SYS INC	32,741 (+4.4%)	$2,522 (+17.6%)	0.4%	$48.94	+50.8%	COM	17275R102
SCHW	SCHWAB CHARLES CORP	48,405 (+1.1%)	$4,836 (+5.8%)	0.7%	$72.74	+30.2%	COM	808513105
KO	COCA COLA CO	14,947 (+27.0%)	$1,045 (+33.9%)	0.1%	$45.73	+51.8%	COM	191216100
AXP	AMERICAN EXPRESS CO	3,019 (+12.8%)	$1,117 (+25.7%)	0.2%	$136.49	+161.5%	COM	025816109
TJX	TJX COS INC NEW	4,877 (+33.5%)	$749 (+41.8%)	0.1%	$118.80	+24.3%	COM	872540109
ABBV	ABBVIE INC	10,983 (+11.0%)	$2,510 (+9.5%)	0.4%	$96.01	+137.0%	COM	00287Y109
UNH	UNITEDHEALTH GROUP INC	2,425 (+34.0%)	$801 (+28.1%)	0.1%	$357.98	-5.8%	COM	91324P102
JPM	JPMORGAN CHASE & CO.	5,542 (+7.5%)	$1,786 (+9.8%)	0.3%	$83.86	+269.1%	COM	46625H100
ABT	ABBOTT LABS	6,595 (+32.3%)	$826 (+23.7%)	0.1%	$61.60	+106.7%	COM	002824100
PLTR	PALANTIR TECHNOLOGIES INC	2,249 (+35.6%)	$400 (+32.2%)	0.1%	$167.05	+8.4%	CL A	69608A108
UPS	UNITED PARCEL SERVICE INC	3,275 (+11.4%)	$325 (+32.3%)	0.0%	$117.34	-21.0%	CL B	911312106
CINF	CINCINNATI FINL CORP	6,013 (+3.2%)	$982 (+6.6%)	0.1%	$150.57	+7.1%	COM	172062101
T	AT&T INC	32,116 (+20.2%)	$798 (+5.7%)	0.1%	$15.20	+66.4%	COM	00206R102
IWF	ISHARES TR	3,051 (+1.2%)	$1,444 (+2.2%)	0.2%	$151.78	—	RUS 1000 GRW ETF	464287614
TSLA	TESLA INC	2,715 (+1.0%)	$1,221 (+2.1%)	0.2%	$328.17	+35.1%	COM	88160R101
CVS	CVS HEALTH CORP	3,575 (+3.9%)	$284 (+9.4%)	0.0%	$64.83	+21.4%	COM	126650100
XLK	SELECT SECTOR SPDR TR	5,000 (+100.0%)	$720 (+2.2%)	0.1%	$110.12	—	STATE STREET TEC	81369Y803
PG	PROCTER AND GAMBLE CO	16,942 (+7.7%)	$2,428 (+0.4%)	0.3%	$90.53	+62.6%	COM	742718109
MA	MASTERCARD INCORPORATED	515 (+2.2%)	$294 (+2.6%)	0.0%	$402.62	+38.8%	CL A	57636Q104
DUK	DUKE ENERGY CORP NEW	11,445 (+6.0%)	$1,341 (+0.4%)	0.2%	$94.73	+28.3%	COM NEW	26441C204
COP	CONOCOPHILLIPS	2,967 (+2.1%)	$278 (+1.1%)	0.0%	$42.23	+113.2%	COM	20825C104
MO	ALTRIA GROUP INC	15,375 (+14.9%)	$887 (+0.3%)	0.1%	$40.91	+45.1%	COM	02209S103
CVX	CHEVRON CORP NEW	22,576 (+1.8%)	$3,441 (-0.0%)	0.5%	$99.70	+51.9%	COM	166764100

Exited Positions (12)

KVUE KENVUE INC 0.1%

Value ($000) $631 Shares 38,895 Est. Cost $18.91 Unrealized -14.0%

DE DEERE & CO 0.1%

Value ($000) $628 Shares 1,373 Est. Cost $125.47 Unrealized +272.8%

APD AIR PRODS & CHEMS INC 0.1%

Value ($000) $446 Shares 1,637 Est. Cost $93.71 Unrealized +168.5%

HOG HARLEY DAVIDSON INC 0.0%

Value ($000) $350 Shares 12,529 Est. Cost $46.76 Unrealized -47.4%

ORCL ORACLE CORP 0.0%

Value ($000) $326 Shares 1,160 Est. Cost $254.17 Unrealized -6.3%

FIS FIDELITY NATL INFORMATION SV 0.0%

Value ($000) $310 Shares 4,701 Est. Cost $83.25 Unrealized -21.2%

BX BLACKSTONE INC 0.0%

Value ($000) $302 Shares 1,770 Est. Cost $169.47 Unrealized -10.6%

COIN COINBASE GLOBAL INC 0.0%

Value ($000) $266 Shares 787 Est. Cost $339.07 Unrealized -12.1%

CTAS CINTAS CORP 0.0%

Value ($000) $216 Shares 1,052 Est. Cost $197.78 Unrealized -4.9%

DELL DELL TECHNOLOGIES INC 0.0%

Value ($000) $214 Shares 1,506 Est. Cost $129.18 Unrealized +9.0%

SBUX STARBUCKS CORP 0.0%

Value ($000) $212 Shares 2,500 Est. Cost $85.17 Unrealized -1.3%

WY WEYERHAEUSER CO MTN BE 0.0%

Value ($000) $209 Shares 8,444 Est. Cost $22.51 Unrealized +2.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KVUE	KENVUE INC	38,895	$631	0.1%	$18.91	-14.0%	—	49177J102
DE	DEERE & CO	1,373	$628	0.1%	$125.47	+272.8%	—	244199105
APD	AIR PRODS & CHEMS INC	1,637	$446	0.1%	$93.71	+168.5%	—	009158106
HOG	HARLEY DAVIDSON INC	12,529	$350	0.0%	$46.76	-47.4%	—	412822108
ORCL	ORACLE CORP	1,160	$326	0.0%	$254.17	-6.3%	—	68389X105
FIS	FIDELITY NATL INFORMATION SV	4,701	$310	0.0%	$83.25	-21.2%	—	31620M106
BX	BLACKSTONE INC	1,770	$302	0.0%	$169.47	-10.6%	—	09260D107
COIN	COINBASE GLOBAL INC	787	$266	0.0%	$339.07	-12.1%	—	19260Q107
CTAS	CINTAS CORP	1,052	$216	0.0%	$197.78	-4.9%	—	172908105
DELL	DELL TECHNOLOGIES INC	1,506	$214	0.0%	$129.18	+9.0%	—	24703L202
SBUX	STARBUCKS CORP	2,500	$212	0.0%	$85.17	-1.3%	—	855244109
WY	WEYERHAEUSER CO MTN BE	8,444	$209	0.0%	$22.51	+2.1%	—	962166104

Decreased Positions (51)

FISV FISERV INC 0.6%

Value ($000) $4,405 (-68.6%) Shares 65,578 (-39.7%) Est. Cost $65.38 Unrealized +28.3%

GOOG ALPHABET INC 6.3%

Value ($000) $45,142 (+25.5%) Shares 143,856 (-2.6%) Est. Cost $107.24 Unrealized +167.0%

CAT CATERPILLAR INC 2.7%

Value ($000) $18,922 (+13.0%) Shares 33,030 (-5.9%) Est. Cost $180.59 Unrealized +207.6%

AAPL APPLE INC 10.9%

Value ($000) $78,083 (+2.4%) Shares 287,219 (-4.1%) Est. Cost $84.26 Unrealized +218.5%

ROP ROPER TECHNOLOGIES INC 0.7%

Value ($000) $5,138 (-20.9%) Shares 11,543 (-11.4%) Est. Cost $377.00 Unrealized +22.6%

LIN LINDE PLC 1.1%

Value ($000) $8,164 (-13.7%) Shares 19,146 (-3.9%) Est. Cost $328.47 Unrealized +30.1%

DHR DANAHER CORPORATION 1.4%

Value ($000) $9,650 (+14.2%) Shares 42,153 (-1.1%) Est. Cost $29.12 Unrealized +653.9%

WMT WALMART INC 2.4%

Value ($000) $16,967 (+6.9%) Shares 152,295 (-1.1%) Est. Cost $52.15 Unrealized +105.6%

RTX RTX CORPORATION 1.9%

Value ($000) $13,391 (+5.8%) Shares 73,016 (-3.4%) Est. Cost $58.59 Unrealized +195.8%

GWW WW GRAINGER INC 1.6%

Value ($000) $11,172 (-5.3%) Shares 11,072 (-10.6%) Est. Cost $579.45 Unrealized +67.2%

COF CAPITAL ONE FINL CORP 0.8%

Value ($000) $5,406 (+12.6%) Shares 22,305 (-1.2%) Est. Cost $181.53 Unrealized +22.4%

KMB KIMBERLY-CLARK CORP 0.1%

Value ($000) $701 (-42.6%) Shares 6,946 (-29.2%) Est. Cost $96.82 Unrealized +12.0%

GLD SPDR GOLD TR 1.3%

Value ($000) $9,000 (+5.1%) Shares 22,709 (-5.7%) Est. Cost $174.45 Unrealized —

PFE PFIZER INC 0.2%

Value ($000) $1,726 (-17.5%) Shares 69,321 (-15.6%) Est. Cost $20.72 Unrealized +20.8%

CSX CSX CORP 0.2%

Value ($000) $1,079 (-24.4%) Shares 29,774 (-25.9%) Est. Cost $26.92 Unrealized +32.6%

CMCSA COMCAST CORP NEW 0.1%

Value ($000) $444 (-43.0%) Shares 14,864 (-40.1%) Est. Cost $34.77 Unrealized -17.9%

XOM EXXON MOBIL CORP 0.3%

Value ($000) $2,028 (-13.6%) Shares 16,851 (-19.0%) Est. Cost $60.53 Unrealized +90.8%

SCHD SCHWAB STRATEGIC TR 0.4%

Value ($000) $2,730 (-8.5%) Shares 99,526 (-8.9%) Est. Cost $31.14 Unrealized —

DIS DISNEY WALT CO 1.2%

Value ($000) $8,678 (-2.7%) Shares 76,277 (-2.0%) Est. Cost $75.23 Unrealized +45.6%

VZ VERIZON COMMUNICATIONS INC 0.2%

Value ($000) $1,164 (-16.4%) Shares 28,570 (-9.8%) Est. Cost $33.57 Unrealized +20.6%

USB US BANCORP DEL 0.5%

Value ($000) $3,355 (+7.0%) Shares 62,866 (-3.0%) Est. Cost $33.56 Unrealized +45.2%

QCOM QUALCOMM INC 1.8%

Value ($000) $12,914 (+1.7%) Shares 75,496 (-1.1%) Est. Cost $47.36 Unrealized +260.6%

MRSH MARSH & MCLENNAN COS INC 0.2%

Value ($000) $1,363 (-12.7%) Shares 7,346 (-5.2%) Est. Cost $34.96 Unrealized +433.2%

WEC WEC ENERGY GROUP INC 0.0%

Value ($000) $316 (-38.4%) Shares 3,000 (-33.1%) Est. Cost $44.37 Unrealized +148.5%

MS MORGAN STANLEY 0.3%

Value ($000) $2,443 (+8.5%) Shares 13,760 (-2.9%) Est. Cost $73.29 Unrealized +127.1%

GD GENERAL DYNAMICS CORP 0.5%

Value ($000) $3,747 (-4.5%) Shares 11,129 (-3.3%) Est. Cost $245.82 Unrealized +38.7%

EOG EOG RES INC 0.1%

Value ($000) $648 (-21.2%) Shares 6,172 (-15.8%) Est. Cost $61.35 Unrealized +74.8%

VNQ VANGUARD INDEX FDS 0.1%

Value ($000) $580 (-23.0%) Shares 6,550 (-20.5%) Est. Cost $89.06 Unrealized —

ROK ROCKWELL AUTOMATION INC 0.0%

Value ($000) $243 (-40.3%) Shares 625 (-46.4%) Est. Cost $288.75 Unrealized +29.9%

NEE NEXTERA ENERGY INC 0.6%

Value ($000) $4,255 (+3.9%) Shares 52,997 (-2.3%) Est. Cost $69.84 Unrealized +18.1%

AVGO BROADCOM INC 2.8%

Value ($000) $19,754 (+0.8%) Shares 57,075 (-4.0%) Est. Cost $148.87 Unrealized +139.8%

VLTO VERALTO CORP 0.2%

Value ($000) $1,395 (-9.2%) Shares 13,976 (-3.0%) Est. Cost $73.75 Unrealized +37.0%

V VISA INC 3.1%

Value ($000) $22,089 (-0.6%) Shares 62,985 (-3.2%) Est. Cost $67.67 Unrealized +403.0%

LOW LOWES COS INC 0.2%

Value ($000) $1,481 (-7.4%) Shares 6,140 (-3.5%) Est. Cost $66.61 Unrealized +260.1%

VLUE ISHARES TR 0.2%

Value ($000) $1,569 (+7.2%) Shares 11,479 (-2.0%) Est. Cost $81.50 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.1%

Value ($000) $857 (-10.4%) Shares 13,711 (-14.1%) Est. Cost $47.41 Unrealized —

MDT MEDTRONIC PLC 0.2%

Value ($000) $1,270 (-5.4%) Shares 13,223 (-6.2%) Est. Cost $77.73 Unrealized +25.0%

MCD MCDONALDS CORP 0.2%

Value ($000) $1,141 (-4.6%) Shares 3,733 (-5.2%) Est. Cost $245.65 Unrealized +24.2%

PEP PEPSICO INC 0.2%

Value ($000) $1,600 (-3.3%) Shares 11,145 (-5.3%) Est. Cost $64.36 Unrealized +126.7%

EG EVEREST GROUP LTD 0.1%

Value ($000) $922 (-5.4%) Shares 2,718 (-2.3%) Est. Cost $129.16 Unrealized +155.7%

ELV ELEVANCE HEALTH INC FORMERLY 0.1%

Value ($000) $970 (-4.7%) Shares 2,767 (-12.2%) Est. Cost $308.14 Unrealized +9.3%

MMM 3M CO 0.2%

Value ($000) $1,349 (-3.4%) Shares 8,427 (-6.4%) Est. Cost $84.14 Unrealized +93.9%

SDY SPDR SERIES TRUST 0.1%

Value ($000) $536 (-7.8%) Shares 3,855 (-7.2%) Est. Cost $89.64 Unrealized —

USMV ISHARES TR 0.1%

Value ($000) $716 (-3.7%) Shares 7,601 (-2.7%) Est. Cost $52.66 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $1,013 (-2.5%) Shares 1,648 (-4.8%) Est. Cost $246.97 Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.3%

Value ($000) $1,813 (+0.7%) Shares 15,725 (-1.7%) Est. Cost $62.34 Unrealized +88.8%

IWM ISHARES TR 0.2%

Value ($000) $1,616 (+0.6%) Shares 6,565 (-1.1%) Est. Cost $128.52 Unrealized —

IJR ISHARES TR 0.0%

Value ($000) $224 (-4.0%) Shares 1,864 (-5.0%) Est. Cost $88.66 Unrealized —

VBR VANGUARD INDEX FDS 0.4%

Value ($000) $2,638 (-0.3%) Shares 12,457 (-1.7%) Est. Cost $128.91 Unrealized —

TGT TARGET CORP 0.2%

Value ($000) $1,326 (-0.6%) Shares 13,564 (-8.8%) Est. Cost $65.10 Unrealized +40.7%

GEV GE VERNOVA INC 0.0%

Value ($000) $208 (-0.9%) Shares 319 (-6.7%) Est. Cost $605.52 Unrealized +0.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	65,578 (-39.7%)	$4,405 (-68.6%)	0.6%	$65.38	+28.3%	COM	337738108
GOOG	ALPHABET INC	143,856 (-2.6%)	$45,142 (+25.5%)	6.3%	$107.24	+167.0%	CAP STK CL C	02079K107
CAT	CATERPILLAR INC	33,030 (-5.9%)	$18,922 (+13.0%)	2.7%	$180.59	+207.6%	COM	149123101
AAPL	APPLE INC	287,219 (-4.1%)	$78,083 (+2.4%)	10.9%	$84.26	+218.5%	COM	037833100
ROP	ROPER TECHNOLOGIES INC	11,543 (-11.4%)	$5,138 (-20.9%)	0.7%	$377.00	+22.6%	COM	776696106
LIN	LINDE PLC	19,146 (-3.9%)	$8,164 (-13.7%)	1.1%	$328.47	+30.1%	SHS	G54950103
DHR	DANAHER CORPORATION	42,153 (-1.1%)	$9,650 (+14.2%)	1.4%	$29.12	+653.9%	COM	235851102
WMT	WALMART INC	152,295 (-1.1%)	$16,967 (+6.9%)	2.4%	$52.15	+105.6%	COM	931142103
RTX	RTX CORPORATION	73,016 (-3.4%)	$13,391 (+5.8%)	1.9%	$58.59	+195.8%	COM	75513E101
GWW	WW GRAINGER INC	11,072 (-10.6%)	$11,172 (-5.3%)	1.6%	$579.45	+67.2%	COM	384802104
COF	CAPITAL ONE FINL CORP	22,305 (-1.2%)	$5,406 (+12.6%)	0.8%	$181.53	+22.4%	COM	14040H105
KMB	KIMBERLY-CLARK CORP	6,946 (-29.2%)	$701 (-42.6%)	0.1%	$96.82	+12.0%	COM	494368103
GLD	SPDR GOLD TR	22,709 (-5.7%)	$9,000 (+5.1%)	1.3%	$174.45	—	GOLD SHS	78463V107
PFE	PFIZER INC	69,321 (-15.6%)	$1,726 (-17.5%)	0.2%	$20.72	+20.8%	COM	717081103
CSX	CSX CORP	29,774 (-25.9%)	$1,079 (-24.4%)	0.2%	$26.92	+32.6%	COM	126408103
CMCSA	COMCAST CORP NEW	14,864 (-40.1%)	$444 (-43.0%)	0.1%	$34.77	-17.9%	CL A	20030N101
XOM	EXXON MOBIL CORP	16,851 (-19.0%)	$2,028 (-13.6%)	0.3%	$60.53	+90.8%	COM	30231G102
SCHD	SCHWAB STRATEGIC TR	99,526 (-8.9%)	$2,730 (-8.5%)	0.4%	$31.14	—	US DIVIDEND EQ	808524797
DIS	DISNEY WALT CO	76,277 (-2.0%)	$8,678 (-2.7%)	1.2%	$75.23	+45.6%	COM	254687106
VZ	VERIZON COMMUNICATIONS INC	28,570 (-9.8%)	$1,164 (-16.4%)	0.2%	$33.57	+20.6%	COM	92343V104
USB	US BANCORP DEL	62,866 (-3.0%)	$3,355 (+7.0%)	0.5%	$33.56	+45.2%	COM NEW	902973304
QCOM	QUALCOMM INC	75,496 (-1.1%)	$12,914 (+1.7%)	1.8%	$47.36	+260.6%	COM	747525103
MRSH	MARSH & MCLENNAN COS INC	7,346 (-5.2%)	$1,363 (-12.7%)	0.2%	$34.96	+433.2%	COM	571748102
WEC	WEC ENERGY GROUP INC	3,000 (-33.1%)	$316 (-38.4%)	0.0%	$44.37	+148.5%	COM	92939U106
MS	MORGAN STANLEY	13,760 (-2.9%)	$2,443 (+8.5%)	0.3%	$73.29	+127.1%	COM NEW	617446448
GD	GENERAL DYNAMICS CORP	11,129 (-3.3%)	$3,747 (-4.5%)	0.5%	$245.82	+38.7%	COM	369550108
EOG	EOG RES INC	6,172 (-15.8%)	$648 (-21.2%)	0.1%	$61.35	+74.8%	COM	26875P101
VNQ	VANGUARD INDEX FDS	6,550 (-20.5%)	$580 (-23.0%)	0.1%	$89.06	—	REAL ESTATE ETF	922908553
ROK	ROCKWELL AUTOMATION INC	625 (-46.4%)	$243 (-40.3%)	0.0%	$288.75	+29.9%	COM	773903109
NEE	NEXTERA ENERGY INC	52,997 (-2.3%)	$4,255 (+3.9%)	0.6%	$69.84	+18.1%	COM	65339F101
AVGO	BROADCOM INC	57,075 (-4.0%)	$19,754 (+0.8%)	2.8%	$148.87	+139.8%	COM	11135F101
VLTO	VERALTO CORP	13,976 (-3.0%)	$1,395 (-9.2%)	0.2%	$73.75	+37.0%	COM SHS	92338C103
V	VISA INC	62,985 (-3.2%)	$22,089 (-0.6%)	3.1%	$67.67	+403.0%	COM CL A	92826C839
LOW	LOWES COS INC	6,140 (-3.5%)	$1,481 (-7.4%)	0.2%	$66.61	+260.1%	COM	548661107
VLUE	ISHARES TR	11,479 (-2.0%)	$1,569 (+7.2%)	0.2%	$81.50	—	MSCI USA VALUE	46432F388
VEA	VANGUARD TAX-MANAGED FDS	13,711 (-14.1%)	$857 (-10.4%)	0.1%	$47.41	—	VAN FTSE DEV MKT	921943858
MDT	MEDTRONIC PLC	13,223 (-6.2%)	$1,270 (-5.4%)	0.2%	$77.73	+25.0%	SHS	G5960L103
MCD	MCDONALDS CORP	3,733 (-5.2%)	$1,141 (-4.6%)	0.2%	$245.65	+24.2%	COM	580135101
PEP	PEPSICO INC	11,145 (-5.3%)	$1,600 (-3.3%)	0.2%	$64.36	+126.7%	COM	713448108
EG	EVEREST GROUP LTD	2,718 (-2.3%)	$922 (-5.4%)	0.1%	$129.16	+155.7%	COM	G3223R108
ELV	ELEVANCE HEALTH INC FORMERLY	2,767 (-12.2%)	$970 (-4.7%)	0.1%	$308.14	+9.3%	COM	036752103
MMM	3M CO	8,427 (-6.4%)	$1,349 (-3.4%)	0.2%	$84.14	+93.9%	COM	88579Y101
SDY	SPDR SERIES TRUST	3,855 (-7.2%)	$536 (-7.8%)	0.1%	$89.64	—	STATE STREET SPD	78464A763
USMV	ISHARES TR	7,601 (-2.7%)	$716 (-3.7%)	0.1%	$52.66	—	MSCI USA MIN VOL	46429B697
QQQ	INVESCO QQQ TR	1,648 (-4.8%)	$1,013 (-2.5%)	0.1%	$246.97	—	UNIT SER 1	46090E103
AEP	AMERICAN ELEC PWR CO INC	15,725 (-1.7%)	$1,813 (+0.7%)	0.3%	$62.34	+88.8%	COM	025537101
IWM	ISHARES TR	6,565 (-1.1%)	$1,616 (+0.6%)	0.2%	$128.52	—	RUSSELL 2000 ETF	464287655
IJR	ISHARES TR	1,864 (-5.0%)	$224 (-4.0%)	0.0%	$88.66	—	CORE S&P SCP ETF	464287804
VBR	VANGUARD INDEX FDS	12,457 (-1.7%)	$2,638 (-0.3%)	0.4%	$128.91	—	SM CP VAL ETF	922908611
TGT	TARGET CORP	13,564 (-8.8%)	$1,326 (-0.6%)	0.2%	$65.10	+40.7%	COM	87612E106
GEV	GE VERNOVA INC	319 (-6.7%)	$208 (-0.9%)	0.0%	$605.52	+0.6%	COM	36828A101

Unchanged Positions (43)

GOOGL ALPHABET INC 2.8%

Value ($000) $19,895 Shares 63,563 Est. Cost $107.35 Unrealized +166.1%

HD HOME DEPOT INC 2.7%

Value ($000) $18,930 Shares 55,014 Est. Cost $71.08 Unrealized +412.9%

MSFT MICROSOFT CORP 5.4%

Value ($000) $38,455 Shares 79,516 Est. Cost $103.83 Unrealized +382.1%

META META PLATFORMS INC 1.8%

Value ($000) $12,606 Shares 19,098 Est. Cost $549.29 Unrealized +21.5%

CB CHUBB LIMITED 2.0%

Value ($000) $14,039 Shares 44,978 Est. Cost $191.29 Unrealized +52.9%

SHW SHERWIN WILLIAMS CO 1.4%

Value ($000) $10,290 Shares 31,756 Est. Cost $219.96 Unrealized +51.9%

BAC BANK AMERICA CORP 2.0%

Value ($000) $14,348 Shares 260,879 Est. Cost $17.69 Unrealized +197.8%

ECL ECOLAB INC 2.4%

Value ($000) $16,946 Shares 64,550 Est. Cost $84.34 Unrealized +215.1%

AZO AUTOZONE INC 0.3%

Value ($000) $2,374 Shares 700 Est. Cost $551.75 Unrealized +584.7%

COST COSTCO WHSL CORP NEW 1.0%

Value ($000) $6,888 Shares 7,988 Est. Cost $558.86 Unrealized +62.1%

AMD ADVANCED MICRO DEVICES INC 0.2%

Value ($000) $1,390 Shares 6,489 Est. Cost $118.90 Unrealized +88.9%

VIG VANGUARD SPECIALIZED FUNDS 1.8%

Value ($000) $12,834 Shares 58,395 Est. Cost $159.58 Unrealized —

TER TERADYNE INC 0.1%

Value ($000) $764 Shares 3,945 Est. Cost $47.54 Unrealized +260.8%

TMO THERMO FISHER SCIENTIFIC INC 0.2%

Value ($000) $1,325 Shares 2,287 Est. Cost $206.58 Unrealized +173.6%

VOO VANGUARD INDEX FDS 1.7%

Value ($000) $11,782 Shares 18,788 Est. Cost $447.94 Unrealized —

WFC WELLS FARGO CO NEW 0.3%

Value ($000) $1,893 Shares 20,307 Est. Cost $28.71 Unrealized +201.7%

FAST FASTENAL CO 0.1%

Value ($000) $739 Shares 18,412 Est. Cost $29.34 Unrealized +43.2%

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value ($000) $956 Shares 17,720 Est. Cost $49.51 Unrealized -4.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%

Value ($000) $1,736 Shares 5,714 Est. Cost $64.27 Unrealized —

NVDA NVIDIA CORPORATION 3.5%

Value ($000) $24,909 Shares 133,559 Est. Cost $117.61 Unrealized +58.3%

INTC INTEL CORP 0.1%

Value ($000) $998 Shares 27,043 Est. Cost $23.45 Unrealized +61.0%

AJG GALLAGHER ARTHUR J & CO 0.1%

Value ($000) $414 Shares 1,600 Est. Cost $82.08 Unrealized +221.9%

WM WASTE MGMT INC DEL 0.8%

Value ($000) $5,825 Shares 26,513 Est. Cost $164.56 Unrealized +29.2%

EMR EMERSON ELEC CO 1.5%

Value ($000) $10,954 Shares 82,535 Est. Cost $64.67 Unrealized +104.7%

APH AMPHENOL CORP NEW 0.1%

Value ($000) $678 Shares 5,016 Est. Cost $43.05 Unrealized +210.2%

AMGN AMGEN INC 0.0%

Value ($000) $290 Shares 885 Est. Cost $233.60 Unrealized +35.3%

NKE NIKE INC 0.1%

Value ($000) $408 Shares 6,400 Est. Cost $64.48 Unrealized +0.7%

HON HONEYWELL INTL INC 0.1%

Value ($000) $409 Shares 2,095 Est. Cost $89.03 Unrealized +119.1%

RPM RPM INTL INC 0.0%

Value ($000) $213 Shares 2,050 Est. Cost $101.02 Unrealized +7.2%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $1,030 Shares 1,511 Est. Cost $238.07 Unrealized —

ACN ACCENTURE PLC IRELAND 0.0%

Value ($000) $251 Shares 935 Est. Cost $130.86 Unrealized +94.1%

MGK VANGUARD WORLD FD 0.1%

Value ($000) $735 Shares 1,780 Est. Cost $337.96 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.2%

Value ($000) $8,307 Shares 16,527 Est. Cost $304.20 Unrealized +63.6%

MTUM ISHARES TR 0.1%

Value ($000) $636 Shares 2,540 Est. Cost $127.59 Unrealized —

NEOG NEOGEN CORP 0.0%

Value ($000) $70 Shares 10,000 Est. Cost $40.96 Unrealized -84.6%

QUAL ISHARES TR 0.1%

Value ($000) $543 Shares 2,735 Est. Cost $106.54 Unrealized —

IEMG ISHARES INC 0.1%

Value ($000) $495 Shares 7,363 Est. Cost $50.30 Unrealized —

GE GE AEROSPACE 0.1%

Value ($000) $556 Shares 1,806 Est. Cost $123.52 Unrealized +143.5%

IWO ISHARES TR 0.1%

Value ($000) $479 Shares 1,483 Est. Cost $170.96 Unrealized —

DLN WISDOMTREE TR 0.1%

Value ($000) $511 Shares 5,800 Est. Cost $63.71 Unrealized —

MDY SPDR S&P MIDCAP 400 ETF TR 0.1%

Value ($000) $454 Shares 753 Est. Cost $317.59 Unrealized —

ADBE ADOBE INC 0.1%

Value ($000) $595 Shares 1,700 Est. Cost $254.29 Unrealized +33.7%

IWB ISHARES TR 0.0%

Value ($000) $214 Shares 572 Est. Cost $339.57 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	63,563	$19,895	2.8%	$107.35	+166.1%	CAP STK CL A	02079K305
HD	HOME DEPOT INC	55,014	$18,930	2.7%	$71.08	+412.9%	COM	437076102
MSFT	MICROSOFT CORP	79,516	$38,455	5.4%	$103.83	+382.1%	COM	594918104
META	META PLATFORMS INC	19,098	$12,606	1.8%	$549.29	+21.5%	CL A	30303M102
CB	CHUBB LIMITED	44,978	$14,039	2.0%	$191.29	+52.9%	COM	H1467J104
SHW	SHERWIN WILLIAMS CO	31,756	$10,290	1.4%	$219.96	+51.9%	COM	824348106
BAC	BANK AMERICA CORP	260,879	$14,348	2.0%	$17.69	+197.8%	COM	060505104
ECL	ECOLAB INC	64,550	$16,946	2.4%	$84.34	+215.1%	COM	278865100
AZO	AUTOZONE INC	700	$2,374	0.3%	$551.75	+584.7%	COM	053332102
COST	COSTCO WHSL CORP NEW	7,988	$6,888	1.0%	$558.86	+62.1%	COM	22160K105
AMD	ADVANCED MICRO DEVICES INC	6,489	$1,390	0.2%	$118.90	+88.9%	COM	007903107
VIG	VANGUARD SPECIALIZED FUNDS	58,395	$12,834	1.8%	$159.58	—	DIV APP ETF	921908844
TER	TERADYNE INC	3,945	$764	0.1%	$47.54	+260.8%	COM	880770102
TMO	THERMO FISHER SCIENTIFIC INC	2,287	$1,325	0.2%	$206.58	+173.6%	COM	883556102
VOO	VANGUARD INDEX FDS	18,788	$11,782	1.7%	$447.94	—	S&P 500 ETF SHS	922908363
WFC	WELLS FARGO CO NEW	20,307	$1,893	0.3%	$28.71	+201.7%	COM	949746101
FAST	FASTENAL CO	18,412	$739	0.1%	$29.34	+43.2%	COM	311900104
BMY	BRISTOL-MYERS SQUIBB CO	17,720	$956	0.1%	$49.51	-4.0%	COM	110122108
TSM	TAIWAN SEMICONDUCTOR MFG LTD	5,714	$1,736	0.2%	$64.27	—	SPONSORED ADS	874039100
NVDA	NVIDIA CORPORATION	133,559	$24,909	3.5%	$117.61	+58.3%	COM	67066G104
INTC	INTEL CORP	27,043	$998	0.1%	$23.45	+61.0%	COM	458140100
AJG	GALLAGHER ARTHUR J & CO	1,600	$414	0.1%	$82.08	+221.9%	COM	363576109
WM	WASTE MGMT INC DEL	26,513	$5,825	0.8%	$164.56	+29.2%	COM	94106L109
EMR	EMERSON ELEC CO	82,535	$10,954	1.5%	$64.67	+104.7%	COM	291011104
APH	AMPHENOL CORP NEW	5,016	$678	0.1%	$43.05	+210.2%	CL A	032095101
AMGN	AMGEN INC	885	$290	0.0%	$233.60	+35.3%	COM	031162100
NKE	NIKE INC	6,400	$408	0.1%	$64.48	+0.7%	CL B	654106103
HON	HONEYWELL INTL INC	2,095	$409	0.1%	$89.03	+119.1%	COM	438516106
RPM	RPM INTL INC	2,050	$213	0.0%	$101.02	+7.2%	COM	749685103
SPY	SPDR S&P 500 ETF TR	1,511	$1,030	0.1%	$238.07	—	TR UNIT	78462F103
ACN	ACCENTURE PLC IRELAND	935	$251	0.0%	$130.86	+94.1%	SHS CLASS A	G1151C101
MGK	VANGUARD WORLD FD	1,780	$735	0.1%	$337.96	—	MEGA GRWTH IND	921910816
BRK/B	BERKSHIRE HATHAWAY INC DEL	16,527	$8,307	1.2%	$304.20	+63.6%	CL B NEW	084670702
MTUM	ISHARES TR	2,540	$636	0.1%	$127.59	—	MSCI USA MMENTM	46432F396
NEOG	NEOGEN CORP	10,000	$70	0.0%	$40.96	-84.6%	COM	640491106
QUAL	ISHARES TR	2,735	$543	0.1%	$106.54	—	MSCI USA QLT FCT	46432F339
IEMG	ISHARES INC	7,363	$495	0.1%	$50.30	—	CORE MSCI EMKT	46434G103
GE	GE AEROSPACE	1,806	$556	0.1%	$123.52	+143.5%	COM NEW	369604301
IWO	ISHARES TR	1,483	$479	0.1%	$170.96	—	RUS 2000 GRW ETF	464287648
DLN	WISDOMTREE TR	5,800	$511	0.1%	$63.71	—	US LARGECAP DIVD	97717W307
MDY	SPDR S&P MIDCAP 400 ETF TR	753	$454	0.1%	$317.59	—	UTSER1 S&PDCRP	78467Y107
ADBE	ADOBE INC	1,700	$595	0.1%	$254.29	+33.7%	COM	00724F101
IWB	ISHARES TR	572	$214	0.0%	$339.57	—	RUS 1000 ETF	464287622