Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CAH	CARDINAL HEALTH INC	38,270	$9.091M	0.9%	$237.56	—	COM	14149Y108
AMAT	APPLIED MATLS INC	12,100	$8.748M	0.9%	$723.00	—	COM	038222105
JBHT	HUNT J B TRANS SVCS INC	29,765	$8.615M	0.8%	$289.43	—	COM	445658107
BAC	BANK OF AMER CORP	102,080	$5.817M	0.6%	$56.98	—	COM	060505104
CRWD	CROWDSTRIKE HLDGS INC	6,845	$5.224M	0.5%	$763.14	—	CL A	22788C105
MPWR	MONOLITHIC PWR SYS INC	3,750	$5.184M	0.5%	$1382.36	—	COM	609839105
TECK	TECK RESOURCES LTD	64,068	$3.815M	0.4%	$59.54	—	CL B	878742204
WTS	WATTS WATER TECHNOLOGIES INC	9,030	$3.535M	0.3%	$391.45	—	CL A	942749102
BBY	BEST BUY INC	45,000	$3.415M	0.3%	$75.88	—	COM	086516101
PEP	PEPSICO INC	24,000	$3.25M	0.3%	$135.40	—	COM	713448108
NVT	NVENT ELEC PLC	17,700	$3.002M	0.3%	$169.61	—	SHS	G6700G107
HUM	HUMANA INC	7,498	$2.978M	0.3%	$397.22	—	COM	444859102
WST	WEST PHARMACEUTICAL SVSC INC	7,780	$2.793M	0.3%	$359.00	—	COM	955306105
VRSN	VERISIGN INC	10,992	$2.765M	0.3%	$251.56	—	COM	92343E102
JAZZ	JAZZ PHARMACEUTICALS PLC	10,960	$2.641M	0.3%	$240.97	—	SHS USD	G50871105
LIVN	LIVANOVA PLC	31,180	$2.564M	0.3%	$82.23	—	SHS	G5509L101
R	RYDER SYS INC	9,405	$2.481M	0.2%	$263.77	—	COM	783549108
MUSA	MURPHY USA INC	4,300	$2.317M	0.2%	$538.87	—	COM	626755102
EXPE	EXPEDIA GROUP INC	8,900	$2.277M	0.2%	$255.88	—	COM NEW	30212P303
OCANF	OCEANAGOLD CORP	88,000	$2.205M	0.2%	$25.06	—	COM NEW	675222400
FDX	FEDEX CORP	7,000	$2.192M	0.2%	$313.13	—	COM	31428X106
MNST	MONSTER BEVERAGE CORP NEW	21,600	$2.076M	0.2%	$96.12	—	COM	61174X109
CTRE	CARETRUST REIT INC	51,100	$2.062M	0.2%	$40.35	—	COM	14174T107
CGNX	COGNEX CORP	27,800	$2.013M	0.2%	$72.42	—	COM	192422103
MTZ	MASTEC INC	4,735	$1.97M	0.2%	$416.06	—	COM	576323109
DOW	DOW HLDGS INC	71,400	$1.954M	0.2%	$27.36	—	COM	260557103
CBOE	CBOE GLOBAL MKTS INC	7,570	$1.837M	0.2%	$242.67	—	COM	12503M108
UNM	UNUM GROUP	20,310	$1.816M	0.2%	$89.40	—	COM	91529Y106
BPOP	POPULAR INC	9,400	$1.543M	0.2%	$164.18	—	COM NEW	733174700
BB	BLACKBERRY LTD	118,300	$1.493M	0.1%	$12.62	—	COM	09228F103
INTC	INTEL CORP	7,980	$1.114M	0.1%	$139.63	—	COM	458140100
JLL	JONES LANG LASALLE INC	3,500	$1.085M	0.1%	$309.95	—	COM	48020Q107
LUV	SOUTHWEST AIRLS CO	20,000	$1.028M	0.1%	$51.42	—	COM	844741108
MEOH	METHANEX CORP	18,410	$850K	0.1%	$46.17	—	COM	59151K108
NUE	NUCOR CORP	3,400	$757K	0.1%	$222.75	—	COM	670346105
SLF	SUN LIFE FINANCIAL INC.	3,059	$240K	0.0%	$78.48	—	COM	866796105
WFG	WEST FRASER TIMBER CO LTD	3,500	$237K	0.0%	$67.67	—	COM	952845105
RTO	RENTOKIL INITIAL PLC	7,610	$218K	0.0%	$28.61	—	SPONSORED ADR	760125104
ING	ING GROEP N.V.	6,720	$211K	0.0%	$31.38	—	SPONSORED ADR	456837103
PSO	PEARSON PLC	13,260	$211K	0.0%	$15.89	—	SPONSORED ADR	705015105

Increased Positions (55)

EBAY EBAY INC. 1.4%

Value $13.92M (+2775.4%) Shares 124,595 (+2242.0%) Est. Cost $110.75 Unrealized —

TD TORONTO DOMINION BK ONT 3.4%

Value $35.02M (+44.4%) Shares 288,093 (+10.6%) Est. Cost $81.66 Unrealized —

BMO BANK MONTREAL MEDIUM 2.5%

Value $25.9M (+70.6%) Shares 146,609 (+30.4%) Est. Cost $141.18 Unrealized —

STLD STEEL DYNAMICS INC 1.0%

Value $10.03M (+2322.6%) Shares 43,710 (+1800.4%) Est. Cost $224.05 Unrealized —

MGA MAGNA INTL INC 1.8%

Value $18.27M (+104.2%) Shares 277,986 (+72.9%) Est. Cost $60.82 Unrealized —

TXN TEXAS INSTRS INC 1.6%

Value $15.81M (+118.2%) Shares 53,056 (+42.1%) Est. Cost $233.48 Unrealized —

RY ROYAL BK CDA 3.2%

Value $32.24M (+34.7%) Shares 155,728 (+4.9%) Est. Cost $123.21 Unrealized —

WDC WESTERN DIGITAL CORP 1.1%

Value $11.18M (+244.5%) Shares 17,505 (+45.9%) Est. Cost $373.09 Unrealized —

C CITIGROUP INC 1.1%

Value $10.96M (+252.0%) Shares 78,337 (+185.2%) Est. Cost $117.02 Unrealized —

USB US BANCORP 1.5%

Value $15.1M (+84.4%) Shares 250,039 (+58.8%) Est. Cost $53.05 Unrealized —

AAPL APPLE INC 2.3%

Value $23.2M (+37.5%) Shares 80,184 (+20.6%) Est. Cost $260.92 Unrealized —

HPE HEWLETT PACKARD ENTERPRISE C 0.9%

Value $8.89M (+246.3%) Shares 197,063 (+82.8%) Est. Cost $32.40 Unrealized —

ABBV ABBVIE INC 0.7%

Value $6.711M (+782.1%) Shares 26,668 (+662.4%) Est. Cost $245.37 Unrealized —

KLAC KLA CORP 1.5%

Value $14.99M (+55.9%) Shares 49,670 (+660.9%) Est. Cost $363.77 Unrealized —

BIL SPDR SERIES TRUST 1.1%

Value $11.68M (+67.2%) Shares 127,429 (+67.2%) Est. Cost $91.66 Unrealized —

RL RALPH LAUREN CORP 0.6%

Value $5.85M (+347.5%) Shares 14,573 (+283.5%) Est. Cost $361.30 Unrealized —

CL COLGATE PALMOLIVE CO 0.9%

Value $8.908M (+76.2%) Shares 97,163 (+63.8%) Est. Cost $89.89 Unrealized —

BWA BORGWARNER INC 0.8%

Value $8.499M (+71.6%) Shares 127,990 (+40.3%) Est. Cost $50.28 Unrealized —

CAT CATERPILLAR INC 0.8%

Value $8.519M (+67.0%) Shares 8,000 (+11.1%) Est. Cost $667.66 Unrealized —

GOVT ISHARES TR 2.4%

Value $24.77M (+15.9%) Shares 1,087,346 (+16.6%) Est. Cost $22.95 Unrealized —

ADI ANALOG DEVICES INC 1.3%

Value $12.97M (+30.1%) Shares 32,651 (+4.2%) Est. Cost $264.53 Unrealized —

AMZN AMAZON COM INC 0.7%

Value $6.705M (+77.0%) Shares 28,133 (+54.6%) Est. Cost $224.54 Unrealized —

INCY INCYTE CORP 0.5%

Value $4.666M (+138.4%) Shares 41,165 (+98.0%) Est. Cost $99.14 Unrealized —

LLY ELI LILLY & CO 0.5%

Value $5.563M (+75.3%) Shares 4,638 (+34.4%) Est. Cost $1018.02 Unrealized —

MCHP MICROCHIP TECHNOLOGY INC. 0.5%

Value $5.107M (+87.3%) Shares 56,000 (+32.7%) Est. Cost $79.57 Unrealized —

CMI CUMMINS INC 0.4%

Value $4.286M (+82.0%) Shares 6,009 (+37.3%) Est. Cost $456.00 Unrealized —

VZ VERIZON COMMUNICATIONS INC 1.7%

Value $17.03M (-9.6%) Shares 402,112 (+7.2%) Est. Cost $43.25 Unrealized —

KGC KINROSS GOLD CORP 0.7%

Value $6.84M (-16.3%) Shares 289,000 (+7.8%) Est. Cost $15.42 Unrealized —

IMO IMPERIAL OIL LTD 0.3%

Value $3.421M (+52.6%) Shares 30,478 (+77.5%) Est. Cost $86.80 Unrealized —

MAR MARRIOTT INTL INC NEW 0.5%

Value $4.682M (+32.5%) Shares 12,634 (+17.0%) Est. Cost $327.21 Unrealized —

IWM ISHARES TR 0.2%

Value $1.719M (+184.3%) Shares 5,723 (+134.6%) Est. Cost $275.66 Unrealized —

ENB ENBRIDGE INC 0.5%

Value $4.966M (+22.4%) Shares 91,607 (+22.0%) Est. Cost $45.87 Unrealized —

AMG AFFILIATED MANAGERS GROUP 0.3%

Value $2.833M (+46.5%) Shares 8,371 (+19.8%) Est. Cost $241.48 Unrealized —

BEN FRANKLIN RESOURCES INC 0.3%

Value $2.544M (+45.8%) Shares 76,480 (+3.5%) Est. Cost $26.59 Unrealized —

B BARRICK MNG CORP 0.5%

Value $5.432M (+13.8%) Shares 147,778 (+26.2%) Est. Cost $28.90 Unrealized —

ASML ASML HLDG NV 0.1%

Value $1.363M (+82.6%) Shares 685 (+21.2%) Est. Cost $1252.94 Unrealized —

EFXT ENERFLEX LTD 0.2%

Value $1.601M (+47.0%) Shares 65,220 (+24.9%) Est. Cost $12.94 Unrealized —

GM GENERAL MTRS CO 0.1%

Value $1.423M (+46.9%) Shares 18,460 (+42.0%) Est. Cost $72.38 Unrealized —

LYB LYONDELLBASELL INDUSTRIES NV 0.1%

Value $942K (-31.2%) Shares 17,900 (+5.3%) Est. Cost $52.42 Unrealized —

DOV DOVER CORP 0.4%

Value $3.801M (+11.3%) Shares 16,949 (+3.5%) Est. Cost $190.28 Unrealized —

CMC COMMERCIAL METALS CO 0.4%

Value $4.372M (+9.2%) Shares 69,671 (+6.9%) Est. Cost $62.42 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.4%

Value $3.588M (+8.6%) Shares 27,270 (+12.4%) Est. Cost $131.29 Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 0.5%

Value $5.481M (+4.0%) Shares 10,115 (+13.8%) Est. Cost $481.43 Unrealized —

MSFT MICROSOFT CORP 0.4%

Value $3.909M (+4.9%) Shares 10,479 (+4.1%) Est. Cost $434.20 Unrealized —

WAB WABTEC 0.2%

Value $2.173M (+9.1%) Shares 8,059 (+1.1%) Est. Cost $239.27 Unrealized —

EIX EDISON INTL 0.6%

Value $5.677M (+3.0%) Shares 76,250 (+1.2%) Est. Cost $59.99 Unrealized —

KT KT CORP 0.0%

Value $493K (-16.5%) Shares 28,526 (+3.6%) Est. Cost $17.93 Unrealized —

BN BROOKFIELD CORP 0.0%

Value $500K (+7.4%) Shares 11,719 (+1.7%) Est. Cost $41.50 Unrealized —

PDD PDD HOLDINGS INC 0.0%

Value $473K (+7.7%) Shares 6,195 (+44.2%) Est. Cost $101.10 Unrealized —

NXT NEXTPOWER INC 0.3%

Value $3.525M (+0.9%) Shares 29,590 (+2.1%) Est. Cost $109.03 Unrealized —

GRAB GRAB HOLDINGS LIMITED 0.0%

Value $401K (+8.1%) Shares 106,286 (+4.9%) Est. Cost $4.67 Unrealized —

RIO RIO TINTO PLC 0.0%

Value $298K (+8.3%) Shares 3,139 (+6.4%) Est. Cost $93.39 Unrealized —

BZ KANZHUN LIMITED 0.0%

Value $232K (+8.1%) Shares 18,000 (+12.5%) Est. Cost $18.14 Unrealized —

TME TENCENT MUSIC ENTMT GROUP 0.0%

Value $268K (+5.6%) Shares 32,116 (+17.3%) Est. Cost $13.43 Unrealized —

SCCO SOUTHERN COPPER CORP 0.0%

Value $240K (+2.3%) Shares 1,377 (+1.0%) Est. Cost $98.51 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EBAY	EBAY INC.	124,595 (+2242.0%)	$13.92M (+2775.4%)	1.4%	$110.75	—	COM	278642103
TD	TORONTO DOMINION BK ONT	288,093 (+10.6%)	$35.02M (+44.4%)	3.4%	$81.66	—	COM NEW	891160509
BMO	BANK MONTREAL MEDIUM	146,609 (+30.4%)	$25.9M (+70.6%)	2.5%	$141.18	—	COM	063671101
STLD	STEEL DYNAMICS INC	43,710 (+1800.4%)	$10.03M (+2322.6%)	1.0%	$224.05	—	COM	858119100
MGA	MAGNA INTL INC	277,986 (+72.9%)	$18.27M (+104.2%)	1.8%	$60.82	—	COM	559222401
TXN	TEXAS INSTRS INC	53,056 (+42.1%)	$15.81M (+118.2%)	1.6%	$233.48	—	COM	882508104
RY	ROYAL BK CDA	155,728 (+4.9%)	$32.24M (+34.7%)	3.2%	$123.21	—	COM	780087102
WDC	WESTERN DIGITAL CORP	17,505 (+45.9%)	$11.18M (+244.5%)	1.1%	$373.09	—	COM	958102105
C	CITIGROUP INC	78,337 (+185.2%)	$10.96M (+252.0%)	1.1%	$117.02	—	COM NEW	172967424
USB	US BANCORP	250,039 (+58.8%)	$15.1M (+84.4%)	1.5%	$53.05	—	COM NEW	902973304
AAPL	APPLE INC	80,184 (+20.6%)	$23.2M (+37.5%)	2.3%	$260.92	—	COM	037833100
HPE	HEWLETT PACKARD ENTERPRISE C	197,063 (+82.8%)	$8.89M (+246.3%)	0.9%	$32.40	—	COM	42824C109
ABBV	ABBVIE INC	26,668 (+662.4%)	$6.711M (+782.1%)	0.7%	$245.37	—	COM	00287Y109
KLAC	KLA CORP	49,670 (+660.9%)	$14.99M (+55.9%)	1.5%	$363.77	—	COM NEW	482480100
BIL	SPDR SERIES TRUST	127,429 (+67.2%)	$11.68M (+67.2%)	1.1%	$91.66	—	ST STR BLO 1 ETF	78468R663
RL	RALPH LAUREN CORP	14,573 (+283.5%)	$5.85M (+347.5%)	0.6%	$361.30	—	CL A	751212101
CL	COLGATE PALMOLIVE CO	97,163 (+63.8%)	$8.908M (+76.2%)	0.9%	$89.89	—	COM	194162103
BWA	BORGWARNER INC	127,990 (+40.3%)	$8.499M (+71.6%)	0.8%	$50.28	—	COM	099724106
CAT	CATERPILLAR INC	8,000 (+11.1%)	$8.519M (+67.0%)	0.8%	$667.66	—	COM	149123101
GOVT	ISHARES TR	1,087,346 (+16.6%)	$24.77M (+15.9%)	2.4%	$22.95	—	US TREAS BD ETF	46429B267
ADI	ANALOG DEVICES INC	32,651 (+4.2%)	$12.97M (+30.1%)	1.3%	$264.53	—	COM	032654105
AMZN	AMAZON COM INC	28,133 (+54.6%)	$6.705M (+77.0%)	0.7%	$224.54	—	COM	023135106
INCY	INCYTE CORP	41,165 (+98.0%)	$4.666M (+138.4%)	0.5%	$99.14	—	COM	45337C102
LLY	ELI LILLY & CO	4,638 (+34.4%)	$5.563M (+75.3%)	0.5%	$1018.02	—	COM	532457108
MCHP	MICROCHIP TECHNOLOGY INC.	56,000 (+32.7%)	$5.107M (+87.3%)	0.5%	$79.57	—	COM	595017104
CMI	CUMMINS INC	6,009 (+37.3%)	$4.286M (+82.0%)	0.4%	$456.00	—	COM	231021106
VZ	VERIZON COMMUNICATIONS INC	402,112 (+7.2%)	$17.03M (-9.6%)	1.7%	$43.25	—	COM	92343V104
KGC	KINROSS GOLD CORP	289,000 (+7.8%)	$6.84M (-16.3%)	0.7%	$15.42	—	COM	496902404
IMO	IMPERIAL OIL LTD	30,478 (+77.5%)	$3.421M (+52.6%)	0.3%	$86.80	—	COM NEW	453038408
MAR	MARRIOTT INTL INC NEW	12,634 (+17.0%)	$4.682M (+32.5%)	0.5%	$327.21	—	CL A	571903202
IWM	ISHARES TR	5,723 (+134.6%)	$1.719M (+184.3%)	0.2%	$275.66	—	RUSSELL 2000 ETF	464287655
ENB	ENBRIDGE INC	91,607 (+22.0%)	$4.966M (+22.4%)	0.5%	$45.87	—	COM	29250N105
AMG	AFFILIATED MANAGERS GROUP	8,371 (+19.8%)	$2.833M (+46.5%)	0.3%	$241.48	—	COM	008252108
BEN	FRANKLIN RESOURCES INC	76,480 (+3.5%)	$2.544M (+45.8%)	0.3%	$26.59	—	COM	354613101
B	BARRICK MNG CORP	147,778 (+26.2%)	$5.432M (+13.8%)	0.5%	$28.90	—	COM SHS	06849F108
ASML	ASML HLDG NV	685 (+21.2%)	$1.363M (+82.6%)	0.1%	$1252.94	—	N Y REGISTRY SHS	N07059210
EFXT	ENERFLEX LTD	65,220 (+24.9%)	$1.601M (+47.0%)	0.2%	$12.94	—	COM	29269R105
GM	GENERAL MTRS CO	18,460 (+42.0%)	$1.423M (+46.9%)	0.1%	$72.38	—	COM	37045V100
LYB	LYONDELLBASELL INDUSTRIES NV	17,900 (+5.3%)	$942K (-31.2%)	0.1%	$52.42	—	SHS - A -	N53745100
DOV	DOVER CORP	16,949 (+3.5%)	$3.801M (+11.3%)	0.4%	$190.28	—	COM	260003108
CMC	COMMERCIAL METALS CO	69,671 (+6.9%)	$4.372M (+9.2%)	0.4%	$62.42	—	COM	201723103
AWK	AMERICAN WTR WKS CO INC NEW	27,270 (+12.4%)	$3.588M (+8.6%)	0.4%	$131.29	—	COM	030420103
UTHR	UNITED THERAPEUTICS CORP DEL	10,115 (+13.8%)	$5.481M (+4.0%)	0.5%	$481.43	—	COM	91307C102
MSFT	MICROSOFT CORP	10,479 (+4.1%)	$3.909M (+4.9%)	0.4%	$434.20	—	COM	594918104
WAB	WABTEC	8,059 (+1.1%)	$2.173M (+9.1%)	0.2%	$239.27	—	COM	929740108
EIX	EDISON INTL	76,250 (+1.2%)	$5.677M (+3.0%)	0.6%	$59.99	—	COM	281020107
KT	KT CORP	28,526 (+3.6%)	$493K (-16.5%)	0.0%	$17.93	—	SPONSORED ADR	48268K101
BN	BROOKFIELD CORP	11,719 (+1.7%)	$500K (+7.4%)	0.0%	$41.50	—	CL A LTD VT SH	11271J107
PDD	PDD HOLDINGS INC	6,195 (+44.2%)	$473K (+7.7%)	0.0%	$101.10	—	SPONSORED ADS	722304102
NXT	NEXTPOWER INC	29,590 (+2.1%)	$3.525M (+0.9%)	0.3%	$109.03	—	CLASS A COM	65290E101
GRAB	GRAB HOLDINGS LIMITED	106,286 (+4.9%)	$401K (+8.1%)	0.0%	$4.67	—	CLASS A ORD	G4124C109
RIO	RIO TINTO PLC	3,139 (+6.4%)	$298K (+8.3%)	0.0%	$93.39	—	SPONSORED ADR	767204100
BZ	KANZHUN LIMITED	18,000 (+12.5%)	$232K (+8.1%)	0.0%	$18.14	—	SPONSORED ADS	48553T106
TME	TENCENT MUSIC ENTMT GROUP	32,116 (+17.3%)	$268K (+5.6%)	0.0%	$13.43	—	SPON ADS	88034P109
SCCO	SOUTHERN COPPER CORP	1,377 (+1.0%)	$240K (+2.3%)	0.0%	$98.51	—	COM	84265V105

Exited Positions (25)

CIEN CIENA CORP 0.5%

Value $5.435M Shares 14,000 Est. Cost $270.92 Unrealized —

PH PARKER-HANNIFIN CORP 0.4%

Value $3.624M Shares 4,048 Est. Cost $817.77 Unrealized —

NFG NATIONAL FUEL GAS CO 0.3%

Value $3.087M Shares 32,850 Est. Cost $82.24 Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.3%

Value $3.066M Shares 7,064 Est. Cost $415.89 Unrealized —

LMT LOCKHEED MARTIN CORP 0.3%

Value $2.962M Shares 4,900 Est. Cost $600.88 Unrealized —

RIVN RIVIAN AUTOMOTIVE INC 0.3%

Value $2.892M Shares 192,140 Est. Cost $12.98 Unrealized —

COR CENCORA INC 0.3%

Value $2.771M Shares 8,820 Est. Cost $353.11 Unrealized —

T AT&T INC 0.3%

Value $2.57M Shares 88,660 Est. Cost $25.75 Unrealized —

CVS CVS HEALTH CORP 0.3%

Value $2.561M Shares 35,665 Est. Cost $69.82 Unrealized —

PSX PHILLIPS 66 0.2%

Value $2.318M Shares 12,725 Est. Cost $134.01 Unrealized —

FAST FASTENAL CO 0.2%

Value $2.302M Shares 49,620 Est. Cost $44.27 Unrealized —

CDE COEUR MNG INC 0.2%

Value $2.017M Shares 108,144 Est. Cost $22.32 Unrealized —

BIP BROOKFIELD INFRASTRUCTURE PA 0.2%

Value $1.862M Shares 51,791 Est. Cost $35.96 Unrealized —

TPR TAPESTRY INC 0.2%

Value $1.832M Shares 12,980 Est. Cost $139.57 Unrealized —

RBA RB GLOBAL INC 0.2%

Value $1.697M Shares 17,750 Est. Cost $109.96 Unrealized —

CHRW C H ROBINSON WORLDWIDE IN 0.2%

Value $1.611M Shares 9,700 Est. Cost $181.31 Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.2%

Value $1.536M Shares 7,800 Est. Cost $234.41 Unrealized —

SHW SHERWIN WILLIAMS CO 0.1%

Value $1.356M Shares 4,230 Est. Cost $355.33 Unrealized —

DCI DONALDSON INC 0.1%

Value $1.344M Shares 15,840 Est. Cost $101.93 Unrealized —

TEL TE CONNECTIVITY PLC 0.1%

Value $856K Shares 4,097 Est. Cost $200.01 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value $731K Shares 5,000 Est. Cost $154.17 Unrealized —

STN STANTEC INC 0.0%

Value $265K Shares 3,075 Est. Cost $105.42 Unrealized —

NVS NOVARTIS AG 0.0%

Value $238K Shares 1,557 Est. Cost $114.07 Unrealized —

BBVA BANCO BILBAO VIZCAYA ARGENTA 0.0%

Value $223K Shares 10,317 Est. Cost $15.37 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 0.0%

Value $203K Shares 4,181 Est. Cost $37.20 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CIEN	CIENA CORP	14,000	$5.435M	0.5%	$270.92	—	—	171779309
PH	PARKER-HANNIFIN CORP	4,048	$3.624M	0.4%	$817.77	—	—	701094104
NFG	NATIONAL FUEL GAS CO	32,850	$3.087M	0.3%	$82.24	—	—	636180101
MSI	MOTOROLA SOLUTIONS INC	7,064	$3.066M	0.3%	$415.89	—	—	620076307
LMT	LOCKHEED MARTIN CORP	4,900	$2.962M	0.3%	$600.88	—	—	539830109
RIVN	RIVIAN AUTOMOTIVE INC	192,140	$2.892M	0.3%	$12.98	—	—	76954A103
COR	CENCORA INC	8,820	$2.771M	0.3%	$353.11	—	—	03073E105
T	AT&T INC	88,660	$2.57M	0.3%	$25.75	—	—	00206R102
CVS	CVS HEALTH CORP	35,665	$2.561M	0.3%	$69.82	—	—	126650100
PSX	PHILLIPS 66	12,725	$2.318M	0.2%	$134.01	—	—	718546104
FAST	FASTENAL CO	49,620	$2.302M	0.2%	$44.27	—	—	311900104
CDE	COEUR MNG INC	108,144	$2.017M	0.2%	$22.32	—	—	192108504
BIP	BROOKFIELD INFRASTRUCTURE PA	51,791	$1.862M	0.2%	$35.96	—	—	G16252101
TPR	TAPESTRY INC	12,980	$1.832M	0.2%	$139.57	—	—	876030107
RBA	RB GLOBAL INC	17,750	$1.697M	0.2%	$109.96	—	—	74935Q107
CHRW	C H ROBINSON WORLDWIDE IN	9,700	$1.611M	0.2%	$181.31	—	—	12541W209
NXPI	NXP SEMICONDUCTORS N V	7,800	$1.536M	0.2%	$234.41	—	—	N6596X109
SHW	SHERWIN WILLIAMS CO	4,230	$1.356M	0.1%	$355.33	—	—	824348106
DCI	DONALDSON INC	15,840	$1.344M	0.1%	$101.93	—	—	257651109
TEL	TE CONNECTIVITY PLC	4,097	$856K	0.1%	$200.01	—	—	G87052109
PLTR	PALANTIR TECHNOLOGIES INC	5,000	$731K	0.1%	$154.17	—	—	69608A108
STN	STANTEC INC	3,075	$265K	0.0%	$105.42	—	—	85472N109
NVS	NOVARTIS AG	1,557	$238K	0.0%	$114.07	—	—	66987V109
BBVA	BANCO BILBAO VIZCAYA ARGENTA	10,317	$223K	0.0%	$15.37	—	—	05946K101
CNQ	CANADIAN NAT RES LTD MED TER	4,181	$203K	0.0%	$37.20	—	—	136385101

Decreased Positions (76)

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $810K (-93.5%) Shares 2,882 (-94.4%) Est. Cost $281.27 Unrealized —

GILD GILEAD SCIENCES INC 0.6%

Value $6.073M (-63.5%) Shares 48,067 (-59.7%) Est. Cost $102.64 Unrealized —

AMD ADVANCED MICRO DEVICES INC 1.8%

Value $17.89M (+121.4%) Shares 30,800 (-22.5%) Est. Cost $218.90 Unrealized —

MRK MERCK & CO INC 0.3%

Value $2.919M (-76.4%) Shares 22,719 (-77.9%) Est. Cost $102.95 Unrealized —

NTR NUTRIEN LTD 0.7%

Value $7.522M (-53.0%) Shares 119,446 (-43.9%) Est. Cost $57.22 Unrealized —

ULTA ULTA BEAUTY INC 0.1%

Value $699K (-92.3%) Shares 1,551 (-91.1%) Est. Cost $546.73 Unrealized —

HCA HCA HEALTHCARE INC 0.0%

Value $304K (-96.4%) Shares 780 (-95.6%) Est. Cost $373.74 Unrealized —

MU MICRON TECHNOLOGY INC 1.4%

Value $14.54M (+100.0%) Shares 12,600 (-41.5%) Est. Cost $364.32 Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 1.4%

Value $14.7M (+92.1%) Shares 15,228 (-22.0%) Est. Cost $92.81 Unrealized —

CSCO CISCO SYS INC 2.5%

Value $25.09M (+38.8%) Shares 213,573 (-8.3%) Est. Cost $61.24 Unrealized —

GIL GILDAN ACTIVEWEAR INC 0.1%

Value $727K (-89.4%) Shares 14,097 (-88.6%) Est. Cost $53.12 Unrealized —

LRCX LAM RESEARCH CORP 1.5%

Value $14.88M (+67.6%) Shares 34,333 (-17.4%) Est. Cost $78.86 Unrealized —

ECL ECOLAB INC 0.0%

Value $206K (-96.4%) Shares 740 (-96.5%) Est. Cost $265.99 Unrealized —

AEM AGNICO EAGLE MINES LTD 1.0%

Value $10.05M (-33.0%) Shares 64,701 (-12.7%) Est. Cost $113.76 Unrealized —

DELL DELL TECHNOLOGIES INC 1.0%

Value $10.28M (+91.2%) Shares 23,832 (-27.3%) Est. Cost $119.03 Unrealized —

TJX TJX COS INC NEW 0.1%

Value $1.24M (-76.7%) Shares 8,185 (-75.4%) Est. Cost $144.64 Unrealized —

NVDA NVIDIA CORPORATION 4.3%

Value $43.83M (+9.2%) Shares 219,041 (-4.9%) Est. Cost $133.73 Unrealized —

MRVL MARVELL TECHNOLOGY INC 1.0%

Value $10.5M (+52.9%) Shares 35,250 (-49.2%) Est. Cost $85.73 Unrealized —

MCK MCKESSON CORP 0.1%

Value $687K (-84.0%) Shares 909 (-81.7%) Est. Cost $640.35 Unrealized —

BKR BAKER HUGHES COMPANY 0.2%

Value $1.746M (-66.0%) Shares 31,460 (-62.6%) Est. Cost $56.08 Unrealized —

SU SUNCOR ENERGY INC NEW 1.0%

Value $9.925M (-25.0%) Shares 184,551 (-8.0%) Est. Cost $51.81 Unrealized —

HYG ISHARES TR 0.4%

Value $4.131M (-44.4%) Shares 51,657 (-44.7%) Est. Cost $79.93 Unrealized —

TRV TRAVELERS COMPANIES INC 0.4%

Value $3.966M (-45.1%) Shares 12,015 (-51.5%) Est. Cost $285.56 Unrealized —

EMB ISHARES TR 0.4%

Value $3.98M (-44.8%) Shares 41,270 (-46.3%) Est. Cost $95.51 Unrealized —

APH AMPHENOL CORP 0.0%

Value $464K (-86.5%) Shares 2,632 (-90.3%) Est. Cost $93.87 Unrealized —

LQD ISHARES TR 1.0%

Value $10.51M (-21.5%) Shares 96,375 (-21.6%) Est. Cost $108.81 Unrealized —

CVX CHEVRON CORPORATION 0.2%

Value $1.89M (-59.9%) Shares 11,400 (-50.0%) Est. Cost $161.56 Unrealized —

DRI DARDEN RESTAURANTS INC 0.2%

Value $2.535M (-51.4%) Shares 12,306 (-53.7%) Est. Cost $201.34 Unrealized —

WMT WALMART INC 0.4%

Value $3.668M (-42.1%) Shares 32,390 (-36.5%) Est. Cost $98.52 Unrealized —

AMGN AMGEN INC 1.3%

Value $13.12M (-16.1%) Shares 36,237 (-18.4%) Est. Cost $348.14 Unrealized —

CSX CSX CORP 0.2%

Value $1.858M (-55.0%) Shares 39,100 (-61.1%) Est. Cost $35.90 Unrealized —

FIX COMFORT SYS USA INC 0.1%

Value $1.31M (-62.9%) Shares 661 (-74.2%) Est. Cost $1196.06 Unrealized —

TGT TARGET CORP 0.7%

Value $6.615M (-25.1%) Shares 50,645 (-30.5%) Est. Cost $109.20 Unrealized —

VRT VERTIV HOLDINGS CO 0.4%

Value $4.051M (-33.3%) Shares 12,100 (-50.1%) Est. Cost $186.59 Unrealized —

CM CANADIAN IMPERIAL BANK OF CO 1.2%

Value $11.92M (+17.0%) Shares 103,589 (-4.0%) Est. Cost $78.74 Unrealized —

VLO VALERO ENERGY CORP 0.9%

Value $8.722M (-16.3%) Shares 33,490 (-20.6%) Est. Cost $158.27 Unrealized —

SLB SLB LIMITED 0.0%

Value $232K (-87.8%) Shares 4,995 (-86.5%) Est. Cost $40.05 Unrealized —

NYT NEW YORK TIMES CO MTN BE 0.4%

Value $3.673M (-30.4%) Shares 52,480 (-16.7%) Est. Cost $61.82 Unrealized —

SHOP SHOPIFY INC 0.2%

Value $2.158M (-38.6%) Shares 18,867 (-36.5%) Est. Cost $108.39 Unrealized —

JNJ JOHNSON & JOHNSON 1.2%

Value $12.41M (-9.3%) Shares 48,853 (-12.7%) Est. Cost $191.98 Unrealized —

OR OR ROYALTIES INC. 0.2%

Value $2.485M (-32.9%) Shares 78,510 (-19.5%) Est. Cost $28.87 Unrealized —

FTI TECHNIPFMC PLC 0.6%

Value $5.987M (-16.7%) Shares 90,300 (-13.2%) Est. Cost $41.71 Unrealized —

IDXX IDEXX LABS INC 0.0%

Value $338K (-76.2%) Shares 642 (-74.5%) Est. Cost $606.98 Unrealized —

SYY SYSCO CORP 0.2%

Value $2.01M (-31.0%) Shares 24,050 (-41.1%) Est. Cost $82.24 Unrealized —

AVGO BROADCOM INC 0.3%

Value $2.643M (-22.7%) Shares 6,997 (-36.6%) Est. Cost $215.03 Unrealized —

BK BANK OF NY MELLON CORP 1.3%

Value $13.37M (+5.6%) Shares 92,441 (-13.3%) Est. Cost $97.34 Unrealized —

FSLR FIRST SOLAR INC 0.1%

Value $1.423M (-32.3%) Shares 6,030 (-43.4%) Est. Cost $252.20 Unrealized —

GLW CORNING INC 1.5%

Value $14.85M (-4.3%) Shares 58,153 (-49.0%) Est. Cost $57.81 Unrealized —

MFC MANULIFE FINL CORP 0.8%

Value $8.516M (+6.8%) Shares 210,040 (-9.6%) Est. Cost $31.40 Unrealized —

CW CURTISS WRIGHT CORP 0.2%

Value $2.425M (-17.2%) Shares 3,200 (-25.6%) Est. Cost $394.21 Unrealized —

CLS CELESTICA INC 0.7%

Value $7.555M (+6.0%) Shares 20,724 (-18.2%) Est. Cost $134.55 Unrealized —

ANET ARISTA NETWORKS INC 0.5%

Value $4.898M (+7.4%) Shares 28,830 (-22.4%) Est. Cost $135.05 Unrealized —

JPM JPMORGAN CHASE & CO 0.2%

Value $2.485M (-11.0%) Shares 7,592 (-20.0%) Est. Cost $251.43 Unrealized —

VOO VANGUARD INDEX FDS 0.5%

Value $5.352M (-4.8%) Shares 7,792 (-17.2%) Est. Cost $522.71 Unrealized —

MPC MARATHON PETE CORP 0.3%

Value $2.841M (-7.7%) Shares 11,112 (-11.8%) Est. Cost $184.70 Unrealized —

JBL JABIL INC 0.3%

Value $2.544M (+10.1%) Shares 6,600 (-24.1%) Est. Cost $248.04 Unrealized —

FLEX FLEX LTD 0.0%

Value $491K (+85.2%) Shares 3,030 (-25.2%) Est. Cost $39.11 Unrealized —

CASY CASEYS GEN STORES INC 0.3%

Value $3.449M (+6.3%) Shares 4,340 (-2.7%) Est. Cost $631.07 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.2%

Value $1.535M (+13.2%) Shares 3,215 (-19.9%) Est. Cost $166.00 Unrealized —

UNP UNION PAC CORP 0.3%

Value $2.968M (-5.3%) Shares 10,910 (-15.5%) Est. Cost $243.32 Unrealized —

HIG HARTFORD INSURANCE GROUP INC 0.0%

Value $395K (-29.3%) Shares 2,984 (-27.8%) Est. Cost $114.25 Unrealized —

AGI ALAMOS GOLD INC 0.0%

Value $283K (-34.4%) Shares 9,327 (-4.0%) Est. Cost $22.52 Unrealized —

INFY INFOSYS LTD 0.0%

Value $271K (-30.4%) Shares 25,864 (-10.4%) Est. Cost $17.90 Unrealized —

GEV GE VERNOVA INC 1.1%

Value $11.41M (+1.0%) Shares 9,708 (-24.9%) Est. Cost $434.17 Unrealized —

EME EMCOR GROUP INC 0.1%

Value $1.048M (+8.1%) Shares 1,263 (-3.8%) Est. Cost $438.14 Unrealized —

GSK GSK PLC 0.1%

Value $640K (-7.3%) Shares 12,210 (-2.4%) Est. Cost $41.46 Unrealized —

META META PLATFORMS INC 0.0%

Value $241K (-16.8%) Shares 427 (-15.4%) Est. Cost $643.25 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.0%

Value $379K (-10.6%) Shares 2,417 (-21.2%) Est. Cost $118.46 Unrealized —

PG PROCTER & GAMBLE CO 0.0%

Value $262K (-12.7%) Shares 1,789 (-14.0%) Est. Cost $162.73 Unrealized —

V VISA INC 0.1%

Value $864K (+4.4%) Shares 2,517 (-8.1%) Est. Cost $336.32 Unrealized —

EFA ISHARES TR 0.3%

Value $2.638M (-0.9%) Shares 25,391 (-7.3%) Est. Cost $81.73 Unrealized —

MCO MOODYS CORP 0.1%

Value $996K (-1.8%) Shares 2,199 (-5.5%) Est. Cost $478.56 Unrealized —

SNA SNAP ON INC 0.1%

Value $561K (+3.4%) Shares 1,395 (-6.7%) Est. Cost $331.71 Unrealized —

AMX AMERICA MOVIL SAB DE CV 0.0%

Value $345K (-3.8%) Shares 13,279 (-5.7%) Est. Cost $14.65 Unrealized —

FMX FOMENTO ECONOMICO MEXICANO S 0.0%

Value $379K (-1.5%) Shares 2,963 (-14.4%) Est. Cost $98.13 Unrealized —

ETR ENTERGY CORP NEW 0.0%

Value $235K (-1.6%) Shares 2,045 (-3.8%) Est. Cost $80.51 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IBM	INTERNATIONAL BUSINESS MACHS	2,882 (-94.4%)	$810K (-93.5%)	0.1%	$281.27	—	COM	459200101
GILD	GILEAD SCIENCES INC	48,067 (-59.7%)	$6.073M (-63.5%)	0.6%	$102.64	—	COM	375558103
AMD	ADVANCED MICRO DEVICES INC	30,800 (-22.5%)	$17.89M (+121.4%)	1.8%	$218.90	—	COM	007903107
MRK	MERCK & CO INC	22,719 (-77.9%)	$2.919M (-76.4%)	0.3%	$102.95	—	COM	58933Y105
NTR	NUTRIEN LTD	119,446 (-43.9%)	$7.522M (-53.0%)	0.7%	$57.22	—	COM	67077M108
ULTA	ULTA BEAUTY INC	1,551 (-91.1%)	$699K (-92.3%)	0.1%	$546.73	—	COM	90384S303
HCA	HCA HEALTHCARE INC	780 (-95.6%)	$304K (-96.4%)	0.0%	$373.74	—	COM	40412C101
MU	MICRON TECHNOLOGY INC	12,600 (-41.5%)	$14.54M (+100.0%)	1.4%	$364.32	—	COM	595112103
STX	SEAGATE TECHNOLOGY HLDNGS PL	15,228 (-22.0%)	$14.7M (+92.1%)	1.4%	$92.81	—	ORD SHS	G7997R103
CSCO	CISCO SYS INC	213,573 (-8.3%)	$25.09M (+38.8%)	2.5%	$61.24	—	COM	17275R102
GIL	GILDAN ACTIVEWEAR INC	14,097 (-88.6%)	$727K (-89.4%)	0.1%	$53.12	—	COM	375916103
LRCX	LAM RESEARCH CORP	34,333 (-17.4%)	$14.88M (+67.6%)	1.5%	$78.86	—	COM NEW	512807306
ECL	ECOLAB INC	740 (-96.5%)	$206K (-96.4%)	0.0%	$265.99	—	COM	278865100
AEM	AGNICO EAGLE MINES LTD	64,701 (-12.7%)	$10.05M (-33.0%)	1.0%	$113.76	—	COM	008474108
DELL	DELL TECHNOLOGIES INC	23,832 (-27.3%)	$10.28M (+91.2%)	1.0%	$119.03	—	CL C	24703L202
TJX	TJX COS INC NEW	8,185 (-75.4%)	$1.24M (-76.7%)	0.1%	$144.64	—	COM	872540109
NVDA	NVIDIA CORPORATION	219,041 (-4.9%)	$43.83M (+9.2%)	4.3%	$133.73	—	COM	67066G104
MRVL	MARVELL TECHNOLOGY INC	35,250 (-49.2%)	$10.5M (+52.9%)	1.0%	$85.73	—	COM	573874104
MCK	MCKESSON CORP	909 (-81.7%)	$687K (-84.0%)	0.1%	$640.35	—	COM	58155Q103
BKR	BAKER HUGHES COMPANY	31,460 (-62.6%)	$1.746M (-66.0%)	0.2%	$56.08	—	CL A	05722G100
SU	SUNCOR ENERGY INC NEW	184,551 (-8.0%)	$9.925M (-25.0%)	1.0%	$51.81	—	COM	867224107
HYG	ISHARES TR	51,657 (-44.7%)	$4.131M (-44.4%)	0.4%	$79.93	—	IBOXX HI YD ETF	464288513
TRV	TRAVELERS COMPANIES INC	12,015 (-51.5%)	$3.966M (-45.1%)	0.4%	$285.56	—	COM	89417E109
EMB	ISHARES TR	41,270 (-46.3%)	$3.98M (-44.8%)	0.4%	$95.51	—	JPMORGAN USD EMG	464288281
APH	AMPHENOL CORP	2,632 (-90.3%)	$464K (-86.5%)	0.0%	$93.87	—	CL A	032095101
LQD	ISHARES TR	96,375 (-21.6%)	$10.51M (-21.5%)	1.0%	$108.81	—	IBOXX INV CP ETF	464287242
CVX	CHEVRON CORPORATION	11,400 (-50.0%)	$1.89M (-59.9%)	0.2%	$161.56	—	COM	166764100
DRI	DARDEN RESTAURANTS INC	12,306 (-53.7%)	$2.535M (-51.4%)	0.2%	$201.34	—	COM	237194105
WMT	WALMART INC	32,390 (-36.5%)	$3.668M (-42.1%)	0.4%	$98.52	—	COM	931142103
AMGN	AMGEN INC	36,237 (-18.4%)	$13.12M (-16.1%)	1.3%	$348.14	—	COM	031162100
CSX	CSX CORP	39,100 (-61.1%)	$1.858M (-55.0%)	0.2%	$35.90	—	COM	126408103
FIX	COMFORT SYS USA INC	661 (-74.2%)	$1.31M (-62.9%)	0.1%	$1196.06	—	COM	199908104
TGT	TARGET CORP	50,645 (-30.5%)	$6.615M (-25.1%)	0.7%	$109.20	—	COM	87612E106
VRT	VERTIV HOLDINGS CO	12,100 (-50.1%)	$4.051M (-33.3%)	0.4%	$186.59	—	COM CL A	92537N108
CM	CANADIAN IMPERIAL BANK OF CO	103,589 (-4.0%)	$11.92M (+17.0%)	1.2%	$78.74	—	COM	136069101
VLO	VALERO ENERGY CORP	33,490 (-20.6%)	$8.722M (-16.3%)	0.9%	$158.27	—	COM	91913Y100
SLB	SLB LIMITED	4,995 (-86.5%)	$232K (-87.8%)	0.0%	$40.05	—	COM STK	806857108
NYT	NEW YORK TIMES CO MTN BE	52,480 (-16.7%)	$3.673M (-30.4%)	0.4%	$61.82	—	CL A	650111107
SHOP	SHOPIFY INC	18,867 (-36.5%)	$2.158M (-38.6%)	0.2%	$108.39	—	CL A SUB VTG SHS	82509L107
JNJ	JOHNSON & JOHNSON	48,853 (-12.7%)	$12.41M (-9.3%)	1.2%	$191.98	—	COM	478160104
OR	OR ROYALTIES INC.	78,510 (-19.5%)	$2.485M (-32.9%)	0.2%	$28.87	—	COM SHS	68390D106
FTI	TECHNIPFMC PLC	90,300 (-13.2%)	$5.987M (-16.7%)	0.6%	$41.71	—	COM	G87110105
IDXX	IDEXX LABS INC	642 (-74.5%)	$338K (-76.2%)	0.0%	$606.98	—	COM	45168D104
SYY	SYSCO CORP	24,050 (-41.1%)	$2.01M (-31.0%)	0.2%	$82.24	—	COM	871829107
AVGO	BROADCOM INC	6,997 (-36.6%)	$2.643M (-22.7%)	0.3%	$215.03	—	COM	11135F101
BK	BANK OF NY MELLON CORP	92,441 (-13.3%)	$13.37M (+5.6%)	1.3%	$97.34	—	COM	064058100
FSLR	FIRST SOLAR INC	6,030 (-43.4%)	$1.423M (-32.3%)	0.1%	$252.20	—	COM	336433107
GLW	CORNING INC	58,153 (-49.0%)	$14.85M (-4.3%)	1.5%	$57.81	—	COM	219350105
MFC	MANULIFE FINL CORP	210,040 (-9.6%)	$8.516M (+6.8%)	0.8%	$31.40	—	COM	56501R106
CW	CURTISS WRIGHT CORP	3,200 (-25.6%)	$2.425M (-17.2%)	0.2%	$394.21	—	COM	231561101
CLS	CELESTICA INC	20,724 (-18.2%)	$7.555M (+6.0%)	0.7%	$134.55	—	COM	15101Q207
ANET	ARISTA NETWORKS INC	28,830 (-22.4%)	$4.898M (+7.4%)	0.5%	$135.05	—	COM SHS	040413205
JPM	JPMORGAN CHASE & CO	7,592 (-20.0%)	$2.485M (-11.0%)	0.2%	$251.43	—	COM	46625H100
VOO	VANGUARD INDEX FDS	7,792 (-17.2%)	$5.352M (-4.8%)	0.5%	$522.71	—	S&P 500 ETF SHS	922908363
MPC	MARATHON PETE CORP	11,112 (-11.8%)	$2.841M (-7.7%)	0.3%	$184.70	—	COM	56585A102
JBL	JABIL INC	6,600 (-24.1%)	$2.544M (+10.1%)	0.3%	$248.04	—	COM	466313103
FLEX	FLEX LTD	3,030 (-25.2%)	$491K (+85.2%)	0.0%	$39.11	—	ORD	Y2573F102
CASY	CASEYS GEN STORES INC	4,340 (-2.7%)	$3.449M (+6.3%)	0.3%	$631.07	—	COM	147528103
TSM	TAIWAN SEMICONDUCTOR MANUFAC	3,215 (-19.9%)	$1.535M (+13.2%)	0.2%	$166.00	—	SPONSORED ADS	874039100
UNP	UNION PAC CORP	10,910 (-15.5%)	$2.968M (-5.3%)	0.3%	$243.32	—	COM	907818108
HIG	HARTFORD INSURANCE GROUP INC	2,984 (-27.8%)	$395K (-29.3%)	0.0%	$114.25	—	COM	416515104
AGI	ALAMOS GOLD INC	9,327 (-4.0%)	$283K (-34.4%)	0.0%	$22.52	—	COM CL A	011532108
INFY	INFOSYS LTD	25,864 (-10.4%)	$271K (-30.4%)	0.0%	$17.90	—	SPONSORED ADR	456788108
GEV	GE VERNOVA INC	9,708 (-24.9%)	$11.41M (+1.0%)	1.1%	$434.17	—	COM	36828A101
EME	EMCOR GROUP INC	1,263 (-3.8%)	$1.048M (+8.1%)	0.1%	$438.14	—	COM	29084Q100
GSK	GSK PLC	12,210 (-2.4%)	$640K (-7.3%)	0.1%	$41.46	—	SPONSORED ADR	37733W204
META	META PLATFORMS INC	427 (-15.4%)	$241K (-16.8%)	0.0%	$643.25	—	CL A	30303M102
VT	VANGUARD INTL EQUITY INDEX F	2,417 (-21.2%)	$379K (-10.6%)	0.0%	$118.46	—	TT WRLD ST ETF	922042742
PG	PROCTER & GAMBLE CO	1,789 (-14.0%)	$262K (-12.7%)	0.0%	$162.73	—	COM	742718109
V	VISA INC	2,517 (-8.1%)	$864K (+4.4%)	0.1%	$336.32	—	COM CL A	92826C839
EFA	ISHARES TR	25,391 (-7.3%)	$2.638M (-0.9%)	0.3%	$81.73	—	MSCI EAFE ETF	464287465
MCO	MOODYS CORP	2,199 (-5.5%)	$996K (-1.8%)	0.1%	$478.56	—	COM	615369105
SNA	SNAP ON INC	1,395 (-6.7%)	$561K (+3.4%)	0.1%	$331.71	—	COM	833034101
AMX	AMERICA MOVIL SAB DE CV	13,279 (-5.7%)	$345K (-3.8%)	0.0%	$14.65	—	SPON ADS RP CL B	02390A101
FMX	FOMENTO ECONOMICO MEXICANO S	2,963 (-14.4%)	$379K (-1.5%)	0.0%	$98.13	—	SPON ADR UNITS	344419106
ETR	ENTERGY CORP NEW	2,045 (-3.8%)	$235K (-1.6%)	0.0%	$80.51	—	COM	29364G103

Unchanged Positions (33)

GOOG ALPHABET INC 0.8%

Value $8.429M Shares 23,857 Est. Cost $195.46 Unrealized —

GOOGL ALPHABET INC 0.6%

Value $5.661M Shares 15,840 Est. Cost $184.79 Unrealized —

VLUE ISHARES TR 0.3%

Value $3.468M Shares 17,354 Est. Cost $136.73 Unrealized —

WSM WILLIAMS SONOMA INC 0.3%

Value $3.393M Shares 14,557 Est. Cost $205.23 Unrealized —

BNS BANK NOVA SCOTIA B C 0.3%

Value $3.18M Shares 36,605 Est. Cost $51.64 Unrealized —

MOG/A MOOG INC 0.2%

Value $1.907M Shares 4,500 Est. Cost $302.54 Unrealized —

EAT BRINKER INTL INC 0.2%

Value $2.218M Shares 13,200 Est. Cost $158.61 Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.3%

Value $2.562M Shares 17,537 Est. Cost $114.81 Unrealized —

HWM HOWMET AEROSPACE INC 0.2%

Value $1.64M Shares 6,100 Est. Cost $199.00 Unrealized —

TRGP TARGA RES CORP 0.3%

Value $3.513M Shares 13,100 Est. Cost $201.70 Unrealized —

HSY HERSHEY CO 0.1%

Value $772K Shares 4,400 Est. Cost $204.74 Unrealized —

EEM ISHARES TR 0.1%

Value $870K Shares 12,721 Est. Cost $49.79 Unrealized —

CB CHUBB LIMITED 0.4%

Value $3.566M Shares 10,464 Est. Cost $292.40 Unrealized —

ES EVERSOURCE ENERGY 0.3%

Value $3.06M Shares 42,340 Est. Cost $63.42 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.0%

Value $416K Shares 7,813 Est. Cost $87.35 Unrealized —

TLK TELEKOMUNIKASI IND 0.0%

Value $264K Shares 19,688 Est. Cost $14.91 Unrealized —

BCS BARCLAYS PLC 0.0%

Value $355K Shares 13,205 Est. Cost $15.36 Unrealized —

MCD MCDONALDS CORP 0.0%

Value $414K Shares 1,530 Est. Cost $292.89 Unrealized —

RS RELIANCE INC 0.0%

Value $319K Shares 855 Est. Cost $286.12 Unrealized —

SE SEA LTD 0.0%

Value $397K Shares 4,138 Est. Cost $118.19 Unrealized —

PLD PROLOGIS INC. 0.2%

Value $2.101M Shares 15,510 Est. Cost $129.05 Unrealized —

AGG ISHARES TR 1.6%

Value $16.57M Shares 167,450 Est. Cost $98.92 Unrealized —

IAU ISHARES GOLD TR 0.0%

Value $285K Shares 3,780 Est. Cost $58.96 Unrealized —

SQM SOCIEDAD QUIMICA Y MINERA DE 0.0%

Value $221K Shares 2,989 Est. Cost $68.80 Unrealized —

HDB HDFC BANK LTD 0.1%

Value $530K Shares 20,504 Est. Cost $50.55 Unrealized —

ABEV AMBEV SA 0.0%

Value $209K Shares 66,608 Est. Cost $2.32 Unrealized —

VALE VALE S A 0.0%

Value $183K Shares 12,182 Est. Cost $10.17 Unrealized —

BTG B2GOLD CORP 0.0%

Value $48,147 Shares 12,840 Est. Cost $3.93 Unrealized —

BEKE KE HLDGS INC 0.0%

Value $286K Shares 19,700 Est. Cost $18.11 Unrealized —

CX CEMEX SA EURO MTN BE 144A 0.0%

Value $139K Shares 11,566 Est. Cost $5.61 Unrealized —

MELI MERCADOLIBRE INC 0.0%

Value $205K Shares 121 Est. Cost $2026.02 Unrealized —

GHG GREENTREE HOSPITALITY GROUP 0.0%

Value $17,646 Shares 15,616 Est. Cost $2.42 Unrealized —

GRNB VANECK ETF TRUST 0.0%

Value $208K Shares 8,600 Est. Cost $24.06 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	23,857	$8.429M	0.8%	$195.46	—	CAP STK CL C	02079K107
GOOGL	ALPHABET INC	15,840	$5.661M	0.6%	$184.79	—	CAP STK CL A	02079K305
VLUE	ISHARES TR	17,354	$3.468M	0.3%	$136.73	—	MSCI USA VALUE	46432F388
WSM	WILLIAMS SONOMA INC	14,557	$3.393M	0.3%	$205.23	—	COM	969904101
BNS	BANK NOVA SCOTIA B C	36,605	$3.18M	0.3%	$51.64	—	COM	064149107
MOG/A	MOOG INC	4,500	$1.907M	0.2%	$302.54	—	CL A	615394202
EAT	BRINKER INTL INC	13,200	$2.218M	0.2%	$158.61	—	COM	109641100
JCI	JOHNSON CONTROLS INTERNATION	17,537	$2.562M	0.3%	$114.81	—	SHS	G51502105
HWM	HOWMET AEROSPACE INC	6,100	$1.64M	0.2%	$199.00	—	COM	443201108
TRGP	TARGA RES CORP	13,100	$3.513M	0.3%	$201.70	—	COM	87612G101
HSY	HERSHEY CO	4,400	$772K	0.1%	$204.74	—	COM	427866108
EEM	ISHARES TR	12,721	$870K	0.1%	$49.79	—	MSCI EMG MKT ETF	464287234
CB	CHUBB LIMITED	10,464	$3.566M	0.4%	$292.40	—	COM	H1467J104
ES	EVERSOURCE ENERGY	42,340	$3.06M	0.3%	$63.42	—	COM	30040W108
MMYT	MAKEMYTRIP LIMITED MAURITIUS	7,813	$416K	0.0%	$87.35	—	SHS	V5633W109
TLK	TELEKOMUNIKASI IND	19,688	$264K	0.0%	$14.91	—	SPONSORED ADR	715684106
BCS	BARCLAYS PLC	13,205	$355K	0.0%	$15.36	—	ADR	06738E204
MCD	MCDONALDS CORP	1,530	$414K	0.0%	$292.89	—	COM	580135101
RS	RELIANCE INC	855	$319K	0.0%	$286.12	—	COM	759509102
SE	SEA LTD	4,138	$397K	0.0%	$118.19	—	SPONSORD ADS	81141R100
PLD	PROLOGIS INC.	15,510	$2.101M	0.2%	$129.05	—	COM	74340W103
AGG	ISHARES TR	167,450	$16.57M	1.6%	$98.92	—	CORE US AGGBD ET	464287226
IAU	ISHARES GOLD TR	3,780	$285K	0.0%	$58.96	—	ISHARES NEW	464285204
SQM	SOCIEDAD QUIMICA Y MINERA DE	2,989	$221K	0.0%	$68.80	—	SPON ADR SER B	833635105
HDB	HDFC BANK LTD	20,504	$530K	0.1%	$50.55	—	SPONSORED ADS	40415F101
ABEV	AMBEV SA	66,608	$209K	0.0%	$2.32	—	SPONSORED ADR	02319V103
VALE	VALE S A	12,182	$183K	0.0%	$10.17	—	SPONSORED ADS	91912E105
BTG	B2GOLD CORP	12,840	$48,147	0.0%	$3.93	—	COM	11777Q209
BEKE	KE HLDGS INC	19,700	$286K	0.0%	$18.11	—	SPONSORED ADS	482497104
CX	CEMEX SA EURO MTN BE 144A	11,566	$139K	0.0%	$5.61	—	SPON ADR NEW	151290889
MELI	MERCADOLIBRE INC	121	$205K	0.0%	$2026.02	—	COM	58733R102
GHG	GREENTREE HOSPITALITY GROUP	15,616	$17,646	0.0%	$2.42	—	SPONSORED ADS	39579V100
GRNB	VANECK ETF TRUST	8,600	$208K	0.0%	$24.06	—	GREEN BOND ETF	92189F171