Hendershot Investments Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PG	PROCTER & GAMBLE CO	84,109 (+418.3%)	$12,054 (+383.4%)	1.5%	$143.88	+2.3%	COM	742718109
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	234,602 (+1.6%)	$19,472 (+25.7%)	2.5%	$59.83	+24.8%	CLA	192446102
V	VISA INC	75,860 (+13.1%)	$26,605 (+16.2%)	3.4%	$227.14	+49.9%	COM CL A	92826C839
GPC	GENUINE PARTS CO	125,547 (+1.8%)	$15,437 (-9.7%)	2.0%	$105.17	+22.4%	COM	372460105
AMZN	AMAZON COM INC	75,885 (+2.0%)	$17,516 (+7.2%)	2.2%	$184.63	+23.9%	COM	023135106
PEP	PEPSICO INC	123,636 (+1.3%)	$17,744 (+3.6%)	2.3%	$116.69	+25.0%	COM	713448108
MSFT	MICROSOFT CORP	64,291 (+5.4%)	$31,092 (-1.6%)	4.0%	$160.30	+212.3%	COM	594918104
ADP	AUTOMATIC DATA PROCESSING IN	79,898 (+16.2%)	$20,552 (+1.9%)	2.6%	$152.61	+73.5%	COM	053015103
PAYX	PAYCHEX INC	71,845 (+14.8%)	$8,060 (+1.6%)	1.0%	$82.91	+40.6%	COM	704326107
RMD	RESMED INC	55,094 (+14.7%)	$13,270 (+0.9%)	1.7%	$169.09	+51.1%	COM	761152107
SCHB	SCHWAB STRATEGIC TR	85,716 (+2.0%)	$2,248 (+4.0%)	0.3%	$35.16	—	US BRD MKT ETF	808524102
TPL	TEXAS PAC LD CORP	3,411 (+200.0%)	$980 (-7.7%)	0.1%	$259.70	+17.5%	COM	88262P102
KNSL	KINSALE CAP GROUP INC	21,533 (+9.8%)	$8,422 (+1.0%)	1.1%	$426.66	-4.5%	COM	49714P108
VIGI	VANGUARD WHITEHALL FDS	9,364 (+6.0%)	$856 (+8.2%)	0.1%	$72.34	—	INTL DVD ETF	921946810
ISRG	INTUITIVE SURGICAL INC	418 (+4.2%)	$237 (+32.0%)	0.0%	$353.29	+50.7%	COM NEW	46120E602
D	DOMINION ENERGY INC	12,818 (+12.1%)	$751 (+7.4%)	0.1%	$61.75	-3.2%	COM	25746U109
SCHA	SCHWAB STRATEGIC TR	25,582 (+5.3%)	$729 (+7.5%)	0.1%	$38.70	—	US SML CAP ETF	808524607
SCHM	SCHWAB STRATEGIC TR	23,763 (+5.3%)	$715 (+6.9%)	0.1%	$37.61	—	US MID-CAP ETF	808524508
COST	COSTCO WHSL CORP NEW	708 (+1.6%)	$611 (-5.4%)	0.1%	$478.01	+89.5%	COM	22160K105
AVGO	BROADCOM INC	1,116 (+4.5%)	$386 (+9.6%)	0.0%	$167.37	+113.3%	COM	11135F101
BN	BROOKFIELD CORP	32,394 (+46.7%)	$1,487 (-1.9%)	0.2%	$29.43	+54.8%	CL A LTD VT SH	11271J107
BND	VANGUARD BD INDEX FDS	14,162 (+2.0%)	$1,049 (+1.6%)	0.1%	$75.25	—	TOTAL BND MRKT	921937835
XLK	SELECT SECTOR SPDR TR	2,484 (+100.0%)	$358 (+2.2%)	0.0%	$175.22	—	TECHNOLOGY	81369Y803

Exited Positions (6)

UNH UNITEDHEALTH GROUP INC 1.5%

Value ($000) $11,781 Shares 34,117 Est. Cost $342.10 Unrealized -1.4%

MOH MOLINA HEALTHCARE INC 0.7%

Value ($000) $5,381 Shares 28,119 Est. Cost $332.77 Unrealized -50.6%

IAU ISHARES GOLD TR 0.0%

Value ($000) $207 Shares 2,850 Est. Cost $72.77 Unrealized —

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $171 Shares 657 Est. Cost $236.12 Unrealized +20.8%

EW EDWARDS LIFESCIENCES CORP 0.0%

Value ($000) $150 Shares 1,929 Est. Cost $116.64 Unrealized -29.6%

CMCSA COMCAST CORP NEW 0.0%

Value ($000) $137 Shares 4,352 Est. Cost $49.06 Unrealized -41.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UNH	UNITEDHEALTH GROUP INC	34,117	$11,781	1.5%	$342.10	-1.4%	—	91324P102
MOH	MOLINA HEALTHCARE INC	28,119	$5,381	0.7%	$332.77	-50.6%	—	60855R100
IAU	ISHARES GOLD TR	2,850	$207	0.0%	$72.77	—	—	464285204
MAR	MARRIOTT INTL INC NEW	657	$171	0.0%	$236.12	+20.8%	—	571903202
EW	EDWARDS LIFESCIENCES CORP	1,929	$150	0.0%	$116.64	-29.6%	—	28176E108
CMCSA	COMCAST CORP NEW	4,352	$137	0.0%	$49.06	-41.8%	—	20030N101

Decreased Positions (41)

ORCL ORACLE CORP 1.1%

Value ($000) $8,417 (-34.4%) Shares 43,184 (-5.3%) Est. Cost $48.63 Unrealized +389.5%

ADBE ADOBE INC 1.0%

Value ($000) $7,795 (-31.3%) Shares 22,272 (-30.8%) Est. Cost $399.91 Unrealized -15.0%

GNTX GENTEX CORP 1.3%

Value ($000) $10,303 (-25.1%) Shares 442,741 (-9.0%) Est. Cost $27.07 Unrealized -10.9%

JNJ JOHNSON & JOHNSON 4.2%

Value ($000) $32,822 (+9.4%) Shares 158,598 (-1.9%) Est. Cost $119.54 Unrealized +64.8%

FAST FASTENAL CO 0.9%

Value ($000) $7,424 (-21.9%) Shares 184,998 (-4.6%) Est. Cost $26.13 Unrealized +60.9%

AAPL APPLE INC 6.2%

Value ($000) $48,387 (+4.4%) Shares 177,985 (-2.2%) Est. Cost $126.61 Unrealized +112.0%

GOOG ALPHABET INC 1.3%

Value ($000) $10,277 (+21.1%) Shares 32,750 (-6.0%) Est. Cost $107.57 Unrealized +166.2%

CPAY CORPAY INC 1.7%

Value ($000) $13,184 (-11.6%) Shares 43,812 (-15.4%) Est. Cost $300.16 Unrealized -3.3%

ROST ROSS STORES INC 1.7%

Value ($000) $13,467 (+13.4%) Shares 74,761 (-4.0%) Est. Cost $96.73 Unrealized +72.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 13.5%

Value ($000) $105,800 (-1.3%) Shares 210,484 (-1.3%) Est. Cost $224.62 Unrealized +121.5%

TSCO TRACTOR SUPPLY CO 1.1%

Value ($000) $8,613 (-14.2%) Shares 172,230 (-2.5%) Est. Cost $48.48 Unrealized +10.8%

TJX TJX COS INC NEW 4.8%

Value ($000) $37,512 (+3.0%) Shares 244,204 (-3.1%) Est. Cost $53.18 Unrealized +177.7%

META META PLATFORMS INC 0.7%

Value ($000) $5,577 (-14.0%) Shares 8,449 (-4.3%) Est. Cost $210.71 Unrealized +216.7%

ERIE ERIE INDTY CO 0.4%

Value ($000) $2,767 (-23.4%) Shares 9,652 (-15.0%) Est. Cost $343.75 Unrealized -13.2%

GD GENERAL DYNAMICS CORP 2.8%

Value ($000) $22,126 (-3.4%) Shares 65,721 (-2.2%) Est. Cost $212.95 Unrealized +60.1%

LLY LILLY ELI & CO 0.3%

Value ($000) $2,639 (+36.1%) Shares 2,455 (-3.3%) Est. Cost $292.04 Unrealized +227.2%

RTX RTX CORPORATION 1.9%

Value ($000) $14,955 (+4.2%) Shares 81,542 (-5.0%) Est. Cost $62.88 Unrealized +175.7%

FDS FACTSET RESH SYS INC 0.6%

Value ($000) $4,423 (-7.4%) Shares 15,243 (-8.6%) Est. Cost $202.51 Unrealized +38.3%

CNI CANADIAN NATL RY CO 1.3%

Value ($000) $10,214 (-2.9%) Shares 103,331 (-7.4%) Est. Cost $87.87 Unrealized +9.4%

GOOGL ALPHABET INC 6.4%

Value ($000) $50,390 (+0.6%) Shares 160,989 (-21.9%) Est. Cost $111.50 Unrealized +156.1%

NVDA NVIDIA CORPORATION 2.5%

Value ($000) $19,594 (-1.4%) Shares 105,059 (-1.4%) Est. Cost $125.27 Unrealized +48.6%

MRK MERCK & CO. INC 0.2%

Value ($000) $1,460 (+21.6%) Shares 13,870 (-3.0%) Est. Cost $59.03 Unrealized +57.9%

DIS DISNEY WALT CO 0.2%

Value ($000) $1,685 (-10.8%) Shares 14,810 (-10.2%) Est. Cost $171.88 Unrealized -36.3%

JPM JPMORGAN CHASE & CO 0.3%

Value ($000) $2,356 (-6.0%) Shares 7,313 (-8.0%) Est. Cost $151.28 Unrealized +104.6%

MA MASTERCARD INC 2.6%

Value ($000) $20,558 (-0.7%) Shares 36,011 (-1.1%) Est. Cost $252.68 Unrealized +121.2%

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $980 (-12.0%) Shares 6,110 (-11.0%) Est. Cost $69.65 Unrealized +120.5%

MDLZ MONDELEZ INTL INC 0.1%

Value ($000) $626 (-15.9%) Shares 11,623 (-2.4%) Est. Cost $55.31 Unrealized +3.2%

SCHR SCHWAB STRATEGIC TR 0.4%

Value ($000) $2,826 (-3.5%) Shares 112,683 (-3.3%) Est. Cost $38.28 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value ($000) $551 (-13.7%) Shares 3,100 (-11.4%) Est. Cost $58.25 Unrealized +210.8%

ABT ABBOTT LABS 0.1%

Value ($000) $1,007 (-7.6%) Shares 8,034 (-1.2%) Est. Cost $117.34 Unrealized +8.5%

DUK DUKE ENERGY CORP NEW 0.1%

Value ($000) $604 (-10.3%) Shares 5,153 (-5.3%) Est. Cost $89.75 Unrealized +35.5%

UNP UNION PAC CORP 0.0%

Value ($000) $203 (-23.0%) Shares 876 (-21.4%) Est. Cost $218.47 Unrealized +4.0%

VTI VANGUARD INDEX FDS 0.5%

Value ($000) $4,089 (+1.1%) Shares 12,197 (-1.0%) Est. Cost $218.50 Unrealized —

WMT WALMART INC 0.2%

Value ($000) $1,296 (+3.1%) Shares 11,636 (-4.6%) Est. Cost $54.12 Unrealized +98.1%

HON HONEYWELL INTL INC 0.0%

Value ($000) $159 (-19.6%) Shares 816 (-13.3%) Est. Cost $180.18 Unrealized +8.2%

KO COCA COLA CO 0.1%

Value ($000) $823 (+3.9%) Shares 11,779 (-1.4%) Est. Cost $41.26 Unrealized +68.2%

ED CONSOLIDATED EDISON INC 0.1%

Value ($000) $834 (-3.3%) Shares 8,398 (-2.1%) Est. Cost $68.08 Unrealized +45.1%

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value ($000) $427 (-4.9%) Shares 1,453 (-1.0%) Est. Cost $183.63 Unrealized +57.1%

BAC BK OF AMERICA CORP 0.2%

Value ($000) $1,392 (-1.4%) Shares 25,303 (-7.6%) Est. Cost $35.53 Unrealized +48.2%

PFE PFIZER INC 0.1%

Value ($000) $521 (-3.5%) Shares 20,912 (-1.2%) Est. Cost $35.31 Unrealized -29.1%

WELL WELLTOWER INC 0.1%

Value ($000) $580 (+0.3%) Shares 3,126 (-3.7%) Est. Cost $75.03 Unrealized +148.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	ORACLE CORP	43,184 (-5.3%)	$8,417 (-34.4%)	1.1%	$48.63	+389.5%	COM	68389X105
ADBE	ADOBE INC	22,272 (-30.8%)	$7,795 (-31.3%)	1.0%	$399.91	-15.0%	COM	00724F101
GNTX	GENTEX CORP	442,741 (-9.0%)	$10,303 (-25.1%)	1.3%	$27.07	-10.9%	COM	371901109
JNJ	JOHNSON & JOHNSON	158,598 (-1.9%)	$32,822 (+9.4%)	4.2%	$119.54	+64.8%	COM	478160104
FAST	FASTENAL CO	184,998 (-4.6%)	$7,424 (-21.9%)	0.9%	$26.13	+60.9%	COM	311900104
AAPL	APPLE INC	177,985 (-2.2%)	$48,387 (+4.4%)	6.2%	$126.61	+112.0%	COM	037833100
GOOG	ALPHABET INC	32,750 (-6.0%)	$10,277 (+21.1%)	1.3%	$107.57	+166.2%	CAP STK CL C	02079K107
CPAY	CORPAY INC	43,812 (-15.4%)	$13,184 (-11.6%)	1.7%	$300.16	-3.3%	COM SHS	219948106
ROST	ROSS STORES INC	74,761 (-4.0%)	$13,467 (+13.4%)	1.7%	$96.73	+72.2%	COM	778296103
BRK/B	BERKSHIRE HATHAWAY INC DEL	210,484 (-1.3%)	$105,800 (-1.3%)	13.5%	$224.62	+121.5%	CL B NEW	084670702
TSCO	TRACTOR SUPPLY CO	172,230 (-2.5%)	$8,613 (-14.2%)	1.1%	$48.48	+10.8%	COM	892356106
TJX	TJX COS INC NEW	244,204 (-3.1%)	$37,512 (+3.0%)	4.8%	$53.18	+177.7%	COM	872540109
META	META PLATFORMS INC	8,449 (-4.3%)	$5,577 (-14.0%)	0.7%	$210.71	+216.7%	CL A	30303M102
ERIE	ERIE INDTY CO	9,652 (-15.0%)	$2,767 (-23.4%)	0.4%	$343.75	-13.2%	CL A	29530P102
GD	GENERAL DYNAMICS CORP	65,721 (-2.2%)	$22,126 (-3.4%)	2.8%	$212.95	+60.1%	COM	369550108
LLY	LILLY ELI & CO	2,455 (-3.3%)	$2,639 (+36.1%)	0.3%	$292.04	+227.2%	COM	532457108
RTX	RTX CORPORATION	81,542 (-5.0%)	$14,955 (+4.2%)	1.9%	$62.88	+175.7%	COM	75513E101
FDS	FACTSET RESH SYS INC	15,243 (-8.6%)	$4,423 (-7.4%)	0.6%	$202.51	+38.3%	COM	303075105
CNI	CANADIAN NATL RY CO	103,331 (-7.4%)	$10,214 (-2.9%)	1.3%	$87.87	+9.4%	COM	136375102
GOOGL	ALPHABET INC	160,989 (-21.9%)	$50,390 (+0.6%)	6.4%	$111.50	+156.1%	CAP STK CL A	02079K305
NVDA	NVIDIA CORPORATION	105,059 (-1.4%)	$19,594 (-1.4%)	2.5%	$125.27	+48.6%	COM	67066G104
MRK	MERCK & CO. INC	13,870 (-3.0%)	$1,460 (+21.6%)	0.2%	$59.03	+57.9%	COM	58933Y105
DIS	DISNEY WALT CO	14,810 (-10.2%)	$1,685 (-10.8%)	0.2%	$171.88	-36.3%	COM	254687106
JPM	JPMORGAN CHASE & CO	7,313 (-8.0%)	$2,356 (-6.0%)	0.3%	$151.28	+104.6%	COM	46625H100
MA	MASTERCARD INC	36,011 (-1.1%)	$20,558 (-0.7%)	2.6%	$252.68	+121.2%	CL A	57636Q104
PM	PHILIP MORRIS INTL INC	6,110 (-11.0%)	$980 (-12.0%)	0.1%	$69.65	+120.5%	COM	718172109
MDLZ	MONDELEZ INTL INC	11,623 (-2.4%)	$626 (-15.9%)	0.1%	$55.31	+3.2%	CL A	609207105
SCHR	SCHWAB STRATEGIC TR	112,683 (-3.3%)	$2,826 (-3.5%)	0.4%	$38.28	—	INTRM TRM TRES	808524854
PLTR	PALANTIR TECHNOLOGIES INC	3,100 (-11.4%)	$551 (-13.7%)	0.1%	$58.25	+210.8%	CL A	69608A108
ABT	ABBOTT LABS	8,034 (-1.2%)	$1,007 (-7.6%)	0.1%	$117.34	+8.5%	COM	002824100
DUK	DUKE ENERGY CORP NEW	5,153 (-5.3%)	$604 (-10.3%)	0.1%	$89.75	+35.5%	COM NEW	26441C204
UNP	UNION PAC CORP	876 (-21.4%)	$203 (-23.0%)	0.0%	$218.47	+4.0%	COM	907818108
VTI	VANGUARD INDEX FDS	12,197 (-1.0%)	$4,089 (+1.1%)	0.5%	$218.50	—	TOTAL STK MKT	922908769
WMT	WALMART INC	11,636 (-4.6%)	$1,296 (+3.1%)	0.2%	$54.12	+98.1%	COM	931142103
HON	HONEYWELL INTL INC	816 (-13.3%)	$159 (-19.6%)	0.0%	$180.18	+8.2%	COM	438516106
KO	COCA COLA CO	11,779 (-1.4%)	$823 (+3.9%)	0.1%	$41.26	+68.2%	COM	191216100
ED	CONSOLIDATED EDISON INC	8,398 (-2.1%)	$834 (-3.3%)	0.1%	$68.08	+45.1%	COM	209115104
LHX	L3HARRIS TECHNOLOGIES INC	1,453 (-1.0%)	$427 (-4.9%)	0.1%	$183.63	+57.1%	COM	502431109
BAC	BK OF AMERICA CORP	25,303 (-7.6%)	$1,392 (-1.4%)	0.2%	$35.53	+48.2%	COM	060505104
PFE	PFIZER INC	20,912 (-1.2%)	$521 (-3.5%)	0.1%	$35.31	-29.1%	COM	717081103
WELL	WELLTOWER INC	3,126 (-3.7%)	$580 (+0.3%)	0.1%	$75.03	+148.5%	COM	95040Q104

Unchanged Positions (58)

AXP AMERICAN EXPRESS CO 1.1%

Value ($000) $8,843 Shares 23,903 Est. Cost $158.27 Unrealized +125.5%

ACN ACCENTURE PLC IRELAND 1.3%

Value ($000) $9,968 Shares 37,151 Est. Cost $190.09 Unrealized +33.7%

BKNG BOOKING HOLDINGS INC 4.4%

Value ($000) $34,761 Shares 6,491 Est. Cost $2385.77 Unrealized +115.4%

SYK STRYKER CORP 0.6%

Value ($000) $4,981 Shares 14,172 Est. Cost $110.17 Unrealized +229.9%

VSEC VSE CORP 0.5%

Value ($000) $4,156 Shares 24,055 Est. Cost $32.38 Unrealized +427.9%

CEG CONSTELLATION ENERGY CORP 0.3%

Value ($000) $2,014 Shares 5,701 Est. Cost $47.25 Unrealized +668.7%

HD HOME DEPOT INC 0.1%

Value ($000) $522 Shares 1,517 Est. Cost $352.64 Unrealized +3.4%

WEC WEC ENERGY GROUP INC 0.1%

Value ($000) $972 Shares 9,218 Est. Cost $79.73 Unrealized +38.3%

PLD PROLOGIS INC. 0.1%

Value ($000) $799 Shares 6,260 Est. Cost $131.83 Unrealized -6.1%

PSA PUBLIC STORAGE 0.1%

Value ($000) $717 Shares 2,765 Est. Cost $275.62 Unrealized +0.6%

TT TRANE TECHNOLOGIES PLC 0.1%

Value ($000) $854 Shares 2,194 Est. Cost $254.77 Unrealized +62.3%

GLD SPDR GOLD TR 0.1%

Value ($000) $632 Shares 1,595 Est. Cost $249.67 Unrealized —

MO ALTRIA GROUP INC 0.1%

Value ($000) $434 Shares 7,521 Est. Cost $24.89 Unrealized +138.5%

FDX FEDEX CORP 0.0%

Value ($000) $345 Shares 1,196 Est. Cost $188.65 Unrealized +38.6%

XOM EXXON MOBIL CORP 0.1%

Value ($000) $974 Shares 8,095 Est. Cost $56.96 Unrealized +102.7%

BK BANK NEW YORK MELLON CORP 0.1%

Value ($000) $914 Shares 7,874 Est. Cost $41.78 Unrealized +164.5%

CSW CSW INDUSTRIALS INC 0.0%

Value ($000) $263 Shares 897 Est. Cost $127.87 Unrealized +108.2%

— TOTALENERGIES SE 0.1%

Value ($000) $520 Shares 7,945 Est. Cost $66.68 Unrealized —

USB US BANCORP DEL 0.1%

Value ($000) $465 Shares 8,716 Est. Cost $44.21 Unrealized +10.2%

ITW ILLINOIS TOOL WKS INC 0.1%

Value ($000) $743 Shares 3,015 Est. Cost $204.78 Unrealized +20.9%

FMAO FARMERS & MERCHANTS BANCORP 0.0%

Value ($000) $250 Shares 30 Est. Cost $20.76 Unrealized +19.0%

BAM BROOKFIELD ASSET MANAGMT LTD 0.0%

Value ($000) $375 Shares 7,158 Est. Cost $27.10 Unrealized +97.3%

NVS NOVARTIS AG 0.1%

Value ($000) $459 Shares 3,331 Est. Cost $89.19 Unrealized —

MFC MANULIFE FINL CORP 0.0%

Value ($000) $216 Shares 5,960 Est. Cost $19.36 Unrealized +75.3%

APAM ARTISAN PARTNERS ASSET MGMT 0.1%

Value ($000) $468 Shares 11,475 Est. Cost $33.03 Unrealized +23.2%

NSC NORFOLK SOUTHN CORP 0.1%

Value ($000) $716 Shares 2,480 Est. Cost $248.52 Unrealized +16.1%

CVX CHEVRON CORP NEW 0.2%

Value ($000) $1,937 Shares 12,711 Est. Cost $92.46 Unrealized +63.7%

ABBV ABBVIE INC 0.2%

Value ($000) $1,754 Shares 7,678 Est. Cost $101.71 Unrealized +123.7%

TXRH TEXAS ROADHOUSE INC 1.5%

Value ($000) $11,953 Shares 72,006 Est. Cost $128.79 Unrealized +31.0%

KMB KIMBERLY-CLARK CORP 0.0%

Value ($000) $121 Shares 1,198 Est. Cost $115.26 Unrealized -5.9%

SMH VANECK ETF TRUST 0.0%

Value ($000) $288 Shares 800 Est. Cost $278.88 Unrealized —

O REALTY INCOME CORP 0.0%

Value ($000) $320 Shares 5,675 Est. Cost $55.37 Unrealized +3.6%

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $255 Shares 290 Est. Cost $571.74 Unrealized +42.3%

BAH BOOZ ALLEN HAMILTON HLDG COR 0.0%

Value ($000) $118 Shares 1,400 Est. Cost $135.16 Unrealized -34.5%

OGE OGE ENERGY CORP 0.0%

Value ($000) $256 Shares 6,000 Est. Cost $41.42 Unrealized +7.7%

UVSP UNIVEST FINANCIAL CORPORATIO 0.0%

Value ($000) $251 Shares 7,679 Est. Cost $25.09 Unrealized +24.8%

GLW CORNING INC 0.0%

Value ($000) $301 Shares 3,443 Est. Cost $64.97 Unrealized +32.3%

SPGI S&P GLOBAL INC 0.0%

Value ($000) $250 Shares 478 Est. Cost $316.84 Unrealized +56.0%

MWA MUELLER WTR PRODS INC 0.0%

Value ($000) $236 Shares 9,925 Est. Cost $8.94 Unrealized +176.1%

PECO PHILLIPS EDISON & CO INC 0.0%

Value ($000) $392 Shares 11,021 Est. Cost $34.38 Unrealized —

EXC EXELON CORP 0.0%

Value ($000) $340 Shares 7,799 Est. Cost $32.52 Unrealized +39.8%

SCHW SCHWAB CHARLES CORP 0.0%

Value ($000) $216 Shares 2,165 Est. Cost $94.54 Unrealized +0.2%

QQQ INVESCO QQQ TR 0.0%

Value ($000) $372 Shares 605 Est. Cost $360.56 Unrealized —

IWP ISHARES TR 0.0%

Value ($000) $208 Shares 1,522 Est. Cost $138.66 Unrealized —

MCD MCDONALDS CORP 0.1%

Value ($000) $1,132 Shares 3,703 Est. Cost $151.11 Unrealized +101.9%

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $269 Shares 395 Est. Cost $583.22 Unrealized —

MTG MGIC INVT CORP WIS 0.0%

Value ($000) $211 Shares 7,232 Est. Cost $25.73 Unrealized +9.2%

VIG VANGUARD SPECIALIZED FUNDS 0.0%

Value ($000) $325 Shares 1,479 Est. Cost $144.27 Unrealized —

OTTR OTTER TAIL CORP 0.1%

Value ($000) $404 Shares 5,000 Est. Cost $40.53 Unrealized +98.0%

MKC MCCORMICK & CO INC 0.0%

Value ($000) $231 Shares 3,386 Est. Cost $77.71 Unrealized -15.2%

TSLA TESLA INC 0.0%

Value ($000) $283 Shares 630 Est. Cost $295.95 Unrealized +49.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.4%

Value ($000) $3,019 Shares 4 Est. Cost $274564.47 Unrealized +171.9%

YUM YUM BRANDS INC 0.0%

Value ($000) $304 Shares 2,012 Est. Cost $118.20 Unrealized +24.9%

OKE ONEOK INC NEW 0.1%

Value ($000) $790 Shares 10,744 Est. Cost $51.52 Unrealized +36.8%

SCHD SCHWAB STRATEGIC TR 0.0%

Value ($000) $185 Shares 6,749 Est. Cost $42.68 Unrealized —

IBDX ISHARES TR 0.0%

Value ($000) $208 Shares 8,156 Est. Cost $24.56 Unrealized —

IBDY ISHARES TR 0.0%

Value ($000) $208 Shares 7,953 Est. Cost $25.20 Unrealized —

AUB ATLANTIC UN BANKSHARES CORP 0.0%

Value ($000) $263 Shares 7,444 Est. Cost $27.78 Unrealized +21.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AXP	AMERICAN EXPRESS CO	23,903	$8,843	1.1%	$158.27	+125.5%	COM	025816109
ACN	ACCENTURE PLC IRELAND	37,151	$9,968	1.3%	$190.09	+33.7%	SHS CLASS A	G1151C101
BKNG	BOOKING HOLDINGS INC	6,491	$34,761	4.4%	$2385.77	+115.4%	COM	09857L108
SYK	STRYKER CORP	14,172	$4,981	0.6%	$110.17	+229.9%	COM	863667101
VSEC	VSE CORP	24,055	$4,156	0.5%	$32.38	+427.9%	COM	918284100
CEG	CONSTELLATION ENERGY CORP	5,701	$2,014	0.3%	$47.25	+668.7%	COM	21037T109
HD	HOME DEPOT INC	1,517	$522	0.1%	$352.64	+3.4%	COM	437076102
WEC	WEC ENERGY GROUP INC	9,218	$972	0.1%	$79.73	+38.3%	COM	92939U106
PLD	PROLOGIS INC.	6,260	$799	0.1%	$131.83	-6.1%	COM	74340W103
PSA	PUBLIC STORAGE	2,765	$717	0.1%	$275.62	+0.6%	COM	74460D109
TT	TRANE TECHNOLOGIES PLC	2,194	$854	0.1%	$254.77	+62.3%	SHS	G8994E103
GLD	SPDR GOLD TR	1,595	$632	0.1%	$249.67	—	GOLD SHS	78463V107
MO	ALTRIA GROUP INC	7,521	$434	0.1%	$24.89	+138.5%	COM	02209S103
FDX	FEDEX CORP	1,196	$345	0.0%	$188.65	+38.6%	COM	31428X106
XOM	EXXON MOBIL CORP	8,095	$974	0.1%	$56.96	+102.7%	COM	30231G102
BK	BANK NEW YORK MELLON CORP	7,874	$914	0.1%	$41.78	+164.5%	COM	064058100
CSW	CSW INDUSTRIALS INC	897	$263	0.0%	$127.87	+108.2%	COM	126402106
—	TOTALENERGIES SE	7,945	$520	0.1%	$66.68	—	SPONSORED ADS	89151E109
USB	US BANCORP DEL	8,716	$465	0.1%	$44.21	+10.2%	COM NEW	902973304
ITW	ILLINOIS TOOL WKS INC	3,015	$743	0.1%	$204.78	+20.9%	COM	452308109
FMAO	FARMERS & MERCHANTS BANCORP	30	$250	0.0%	$20.76	+19.0%	COM	30779N105
BAM	BROOKFIELD ASSET MANAGMT LTD	7,158	$375	0.0%	$27.10	+97.3%	CL A LMT VTG SHS	113004105
NVS	NOVARTIS AG	3,331	$459	0.1%	$89.19	—	SPONSORED ADR	66987V109
MFC	MANULIFE FINL CORP	5,960	$216	0.0%	$19.36	+75.3%	COM	56501R106
APAM	ARTISAN PARTNERS ASSET MGMT	11,475	$468	0.1%	$33.03	+23.2%	CL A	04316A108
NSC	NORFOLK SOUTHN CORP	2,480	$716	0.1%	$248.52	+16.1%	COM	655844108
CVX	CHEVRON CORP NEW	12,711	$1,937	0.2%	$92.46	+63.7%	COM	166764100
ABBV	ABBVIE INC	7,678	$1,754	0.2%	$101.71	+123.7%	COM	00287Y109
TXRH	TEXAS ROADHOUSE INC	72,006	$11,953	1.5%	$128.79	+31.0%	COM	882681109
KMB	KIMBERLY-CLARK CORP	1,198	$121	0.0%	$115.26	-5.9%	COM	494368103
SMH	VANECK ETF TRUST	800	$288	0.0%	$278.88	—	SEMICONDUCTR ETF	92189F676
O	REALTY INCOME CORP	5,675	$320	0.0%	$55.37	+3.6%	COM	756109104
GS	GOLDMAN SACHS GROUP INC	290	$255	0.0%	$571.74	+42.3%	COM	38141G104
BAH	BOOZ ALLEN HAMILTON HLDG COR	1,400	$118	0.0%	$135.16	-34.5%	CL A	099502106
OGE	OGE ENERGY CORP	6,000	$256	0.0%	$41.42	+7.7%	COM	670837103
UVSP	UNIVEST FINANCIAL CORPORATIO	7,679	$251	0.0%	$25.09	+24.8%	COM	915271100
GLW	CORNING INC	3,443	$301	0.0%	$64.97	+32.3%	COM	219350105
SPGI	S&P GLOBAL INC	478	$250	0.0%	$316.84	+56.0%	COM	78409V104
MWA	MUELLER WTR PRODS INC	9,925	$236	0.0%	$8.94	+176.1%	COM SER A	624758108
PECO	PHILLIPS EDISON & CO INC	11,021	$392	0.0%	$34.38	—	COMMON STOCK	71844V201
EXC	EXELON CORP	7,799	$340	0.0%	$32.52	+39.8%	COM	30161N101
SCHW	SCHWAB CHARLES CORP	2,165	$216	0.0%	$94.54	+0.2%	COM	808513105
QQQ	INVESCO QQQ TR	605	$372	0.0%	$360.56	—	UNIT SER 1	46090E103
IWP	ISHARES TR	1,522	$208	0.0%	$138.66	—	RUS MD CP GR ETF	464287481
MCD	MCDONALDS CORP	3,703	$1,132	0.1%	$151.11	+101.9%	COM	580135101
SPY	SPDR S&P 500 ETF TR	395	$269	0.0%	$583.22	—	TR UNIT	78462F103
MTG	MGIC INVT CORP WIS	7,232	$211	0.0%	$25.73	+9.2%	COM	552848103
VIG	VANGUARD SPECIALIZED FUNDS	1,479	$325	0.0%	$144.27	—	DIV APP ETF	921908844
OTTR	OTTER TAIL CORP	5,000	$404	0.1%	$40.53	+98.0%	COM	689648103
MKC	MCCORMICK & CO INC	3,386	$231	0.0%	$77.71	-15.2%	COM NON VTG	579780206
TSLA	TESLA INC	630	$283	0.0%	$295.95	+49.8%	COM	88160R101
BRK/A	BERKSHIRE HATHAWAY INC DEL	4	$3,019	0.4%	$274564.47	+171.9%	CL A	084670108
YUM	YUM BRANDS INC	2,012	$304	0.0%	$118.20	+24.9%	COM	988498101
OKE	ONEOK INC NEW	10,744	$790	0.1%	$51.52	+36.8%	COM	682680103
SCHD	SCHWAB STRATEGIC TR	6,749	$185	0.0%	$42.68	—	US DIVIDEND EQ	808524797
IBDX	ISHARES TR	8,156	$208	0.0%	$24.56	—	IBONDS DEC 2032	46436E312
IBDY	ISHARES TR	7,953	$208	0.0%	$25.20	—	IBONDS DEC 2033	46436E130
AUB	ATLANTIC UN BANKSHARES CORP	7,444	$263	0.0%	$27.78	+21.9%	COM	04911A107