Murphy Pohlad Asset Management LLC Diversified Active

CIK: 0001569148 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 9, 2026

Total Value ($000): $260,440 (100.0% shares, 0.0% debt)

Holdings (125)

New Positions (4)

BAX BAXTER INTL INC 0.2%

Value ($000) $594 Shares 31,106 Est. Cost $20.00 Unrealized 0.0%

RGLD ROYAL GOLD INC 0.1%

Value ($000) $322 Shares 1,450 Est. Cost $198.37 Unrealized 0.0%

SKE SKEENA RES LTD NEW 0.1%

Value ($000) $206 Shares 8,700 Est. Cost $19.72 Unrealized 0.0%

AHH ARMADA HOFFLER PPTYS INC 0.0%

Value ($000) $73 Shares 11,040 Est. Cost $6.62 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BAX	BAXTER INTL INC	31,106	$594	0.2%	$20.00	0.0%	COM	071813109
RGLD	ROYAL GOLD INC	1,450	$322	0.1%	$198.37	0.0%	COM	780287108
SKE	SKEENA RES LTD NEW	8,700	$206	0.1%	$19.72	0.0%	COM	83056P715
AHH	ARMADA HOFFLER PPTYS INC	11,040	$73	0.0%	$6.62	—	COM	04208T108

Increased Positions (28)

SLB SLB LIMITED 1.8%

Value ($000) $4,790 (+23.9%) Shares 124,799 (+11.0%) Est. Cost $34.07 Unrealized +5.8%

FISV FISERV INC 0.6%

Value ($000) $1,666 (+113.7%) Shares 24,803 (+310.1%) Est. Cost $98.36 Unrealized -14.7%

REGN REGENERON PHARMACEUTICALS 1.0%

Value ($000) $2,708 (+40.3%) Shares 3,508 (+2.2%) Est. Cost $529.17 Unrealized +28.3%

AMRZ AMRIZE LTD 1.2%

Value ($000) $3,074 (+26.8%) Shares 56,840 (+13.8%) Est. Cost $51.00 Unrealized +0.1%

NICE NICE LTD 0.3%

Value ($000) $682 (+223.6%) Shares 6,030 (+314.4%) Est. Cost $120.70 Unrealized —

EXE EXPAND ENERGY CORPORATION 1.0%

Value ($000) $2,574 (+13.5%) Shares 23,321 (+9.2%) Est. Cost $79.52 Unrealized +39.1%

NTR NUTRIEN LTD 1.4%

Value ($000) $3,665 (+8.7%) Shares 59,375 (+3.4%) Est. Cost $52.22 Unrealized +12.7%

UNP UNION PAC CORP 1.9%

Value ($000) $4,832 (+5.0%) Shares 20,888 (+7.3%) Est. Cost $129.37 Unrealized +75.7%

VEU VANGUARD INTL EQUITY INDEX F 0.3%

Value ($000) $758 (+30.8%) Shares 10,303 (+26.9%) Est. Cost $63.40 Unrealized —

PEP PEPSICO INC 1.3%

Value ($000) $3,282 (+4.8%) Shares 22,868 (+2.6%) Est. Cost $81.92 Unrealized +78.1%

CF CF INDS HLDGS INC 0.3%

Value ($000) $681 (-12.8%) Shares 8,800 (+1.1%) Est. Cost $83.94 Unrealized -2.4%

APA APA CORPORATION 1.3%

Value ($000) $3,342 (+2.8%) Shares 136,633 (+2.0%) Est. Cost $21.22 Unrealized +13.7%

INGR INGREDION INC 0.4%

Value ($000) $920 (-8.7%) Shares 8,340 (+1.2%) Est. Cost $84.07 Unrealized +34.1%

UNH UNITEDHEALTH GROUP INC 0.7%

Value ($000) $1,821 (+4.9%) Shares 5,515 (+9.8%) Est. Cost $202.50 Unrealized +66.5%

MAC MACERICH CO 0.9%

Value ($000) $2,406 (+3.7%) Shares 130,360 (+2.2%) Est. Cost $15.44 Unrealized —

COP CONOCOPHILLIPS 2.5%

Value ($000) $6,421 (+1.1%) Shares 68,594 (+2.1%) Est. Cost $44.51 Unrealized +102.2%

KIM KIMCO RLTY CORP 1.4%

Value ($000) $3,555 (-1.6%) Shares 175,397 (+6.1%) Est. Cost $11.87 Unrealized +73.3%

VTV VANGUARD INDEX FDS 0.3%

Value ($000) $802 (+6.1%) Shares 4,197 (+3.6%) Est. Cost $156.20 Unrealized —

LMT LOCKHEED MARTIN CORP 0.2%

Value ($000) $499 (+8.7%) Shares 1,031 (+12.2%) Est. Cost $329.69 Unrealized +44.4%

CI THE CIGNA GROUP 0.1%

Value ($000) $247 (+18.6%) Shares 899 (+24.2%) Est. Cost $290.48 Unrealized -3.9%

ARQ ARQ INC 0.0%

Value ($000) $38 (-50.0%) Shares 11,600 (+9.4%) Est. Cost $5.99 Unrealized -18.4%

CVX CHEVRON CORP NEW 1.5%

Value ($000) $3,931 (-0.8%) Shares 25,794 (+1.0%) Est. Cost $74.64 Unrealized +102.8%

VIG VANGUARD SPECIALIZED FUNDS 0.1%

Value ($000) $351 (+8.6%) Shares 1,598 (+6.7%) Est. Cost $199.94 Unrealized —

VOE VANGUARD INDEX FDS 0.1%

Value ($000) $346 (+8.5%) Shares 1,948 (+6.8%) Est. Cost $168.26 Unrealized —

VBR VANGUARD INDEX FDS 0.1%

Value ($000) $293 (+9.6%) Shares 1,383 (+8.0%) Est. Cost $190.69 Unrealized —

MDLZ MONDELEZ INTL INC 0.5%

Value ($000) $1,223 (-1.2%) Shares 22,720 (+14.7%) Est. Cost $33.78 Unrealized +68.9%

VUSB VANGUARD BD INDEX FDS 0.1%

Value ($000) $288 (+2.3%) Shares 5,780 (+2.6%) Est. Cost $49.91 Unrealized —

OSUR ORASURE TECHNOLOGIES INC 0.1%

Value ($000) $278 (-1.1%) Shares 114,867 (+31.2%) Est. Cost $5.06 Unrealized -48.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLB	SLB LIMITED	124,799 (+11.0%)	$4,790 (+23.9%)	1.8%	$34.07	+5.8%	COM STK	806857108
FISV	FISERV INC	24,803 (+310.1%)	$1,666 (+113.7%)	0.6%	$98.36	-14.7%	COM	337738108
REGN	REGENERON PHARMACEUTICALS	3,508 (+2.2%)	$2,708 (+40.3%)	1.0%	$529.17	+28.3%	COM	75886F107
AMRZ	AMRIZE LTD	56,840 (+13.8%)	$3,074 (+26.8%)	1.2%	$51.00	+0.1%	SHS	H2927K103
NICE	NICE LTD	6,030 (+314.4%)	$682 (+223.6%)	0.3%	$120.70	—	SPONSORED ADR	653656108
EXE	EXPAND ENERGY CORPORATION	23,321 (+9.2%)	$2,574 (+13.5%)	1.0%	$79.52	+39.1%	COM	165167735
NTR	NUTRIEN LTD	59,375 (+3.4%)	$3,665 (+8.7%)	1.4%	$52.22	+12.7%	COM	67077M108
UNP	UNION PAC CORP	20,888 (+7.3%)	$4,832 (+5.0%)	1.9%	$129.37	+75.7%	COM	907818108
VEU	VANGUARD INTL EQUITY INDEX F	10,303 (+26.9%)	$758 (+30.8%)	0.3%	$63.40	—	ALLWRLD EX US	922042775
PEP	PEPSICO INC	22,868 (+2.6%)	$3,282 (+4.8%)	1.3%	$81.92	+78.1%	COM	713448108
CF	CF INDS HLDGS INC	8,800 (+1.1%)	$681 (-12.8%)	0.3%	$83.94	-2.4%	COM	125269100
APA	APA CORPORATION	136,633 (+2.0%)	$3,342 (+2.8%)	1.3%	$21.22	+13.7%	COM	03743Q108
INGR	INGREDION INC	8,340 (+1.2%)	$920 (-8.7%)	0.4%	$84.07	+34.1%	COM	457187102
UNH	UNITEDHEALTH GROUP INC	5,515 (+9.8%)	$1,821 (+4.9%)	0.7%	$202.50	+66.5%	COM	91324P102
MAC	MACERICH CO	130,360 (+2.2%)	$2,406 (+3.7%)	0.9%	$15.44	—	COM	554382101
COP	CONOCOPHILLIPS	68,594 (+2.1%)	$6,421 (+1.1%)	2.5%	$44.51	+102.2%	COM	20825C104
KIM	KIMCO RLTY CORP	175,397 (+6.1%)	$3,555 (-1.6%)	1.4%	$11.87	+73.3%	COM	49446R109
VTV	VANGUARD INDEX FDS	4,197 (+3.6%)	$802 (+6.1%)	0.3%	$156.20	—	VALUE ETF	922908744
LMT	LOCKHEED MARTIN CORP	1,031 (+12.2%)	$499 (+8.7%)	0.2%	$329.69	+44.4%	COM	539830109
CI	THE CIGNA GROUP	899 (+24.2%)	$247 (+18.6%)	0.1%	$290.48	-3.9%	COM	125523100
ARQ	ARQ INC	11,600 (+9.4%)	$38 (-50.0%)	0.0%	$5.99	-18.4%	COM	00770C101
CVX	CHEVRON CORP NEW	25,794 (+1.0%)	$3,931 (-0.8%)	1.5%	$74.64	+102.8%	COM	166764100
VIG	VANGUARD SPECIALIZED FUNDS	1,598 (+6.7%)	$351 (+8.6%)	0.1%	$199.94	—	DIV APP ETF	921908844
VOE	VANGUARD INDEX FDS	1,948 (+6.8%)	$346 (+8.5%)	0.1%	$168.26	—	MCAP VL IDXVIP	922908512
VBR	VANGUARD INDEX FDS	1,383 (+8.0%)	$293 (+9.6%)	0.1%	$190.69	—	SM CP VAL ETF	922908611
MDLZ	MONDELEZ INTL INC	22,720 (+14.7%)	$1,223 (-1.2%)	0.5%	$33.78	+68.9%	CL A	609207105
VUSB	VANGUARD BD INDEX FDS	5,780 (+2.6%)	$288 (+2.3%)	0.1%	$49.91	—	VANGUARD ULTRA	92203C303
OSUR	ORASURE TECHNOLOGIES INC	114,867 (+31.2%)	$278 (-1.1%)	0.1%	$5.06	-48.0%	COM	68554V108

Exited Positions (5)

NOK NOKIA CORP 0.5%

Value ($000) $1,370 Shares 284,744 Est. Cost $4.63 Unrealized —

CBOE CBOE GLOBAL MKTS INC 0.3%

Value ($000) $911 Shares 3,715 Est. Cost $119.21 Unrealized +108.6%

— UNILEVER PLC 0.3%

Value ($000) $874 Shares 14,750 Est. Cost $47.47 Unrealized —

TDOC TELADOC HEALTH INC 0.2%

Value ($000) $394 Shares 51,000 Est. Cost $9.51 Unrealized -17.7%

LEE LEE ENTERPRISES INC 0.0%

Value ($000) $66 Shares 12,200 Est. Cost $5.17 Unrealized -17.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOK	NOKIA CORP	284,744	$1,370	0.5%	$4.63	—	—	654902204
CBOE	CBOE GLOBAL MKTS INC	3,715	$911	0.3%	$119.21	+108.6%	—	12503M108
—	UNILEVER PLC	14,750	$874	0.3%	$47.47	—	—	904767704
TDOC	TELADOC HEALTH INC	51,000	$394	0.2%	$9.51	-17.7%	—	87918A105
LEE	LEE ENTERPRISES INC	12,200	$66	0.0%	$5.17	-17.4%	—	523768406

Decreased Positions (37)

KMB KIMBERLY-CLARK CORP 0.8%

Value ($000) $2,150 (-33.1%) Shares 21,312 (-17.5%) Est. Cost $89.41 Unrealized +21.2%

FLS FLOWSERVE CORP 1.7%

Value ($000) $4,411 (+27.6%) Shares 63,578 (-2.2%) Est. Cost $34.78 Unrealized +84.3%

GOOG ALPHABET INC 1.9%

Value ($000) $4,829 (+24.0%) Shares 15,389 (-3.8%) Est. Cost $107.77 Unrealized +165.7%

AEM AGNICO EAGLE MINES LTD 3.2%

Value ($000) $8,422 (-9.0%) Shares 49,679 (-9.5%) Est. Cost $47.98 Unrealized +249.9%

CMCSA COMCAST CORP NEW 0.9%

Value ($000) $2,355 (-25.7%) Shares 84,090 (-16.7%) Est. Cost $33.32 Unrealized -14.4%

MSFT MICROSOFT CORP 2.1%

Value ($000) $5,409 (-10.0%) Shares 11,184 (-3.6%) Est. Cost $26.70 Unrealized +1774.6%

WTW WILLIS TOWERS WATSON PLC LTD 1.4%

Value ($000) $3,572 (-14.0%) Shares 10,870 (-9.6%) Est. Cost $216.32 Unrealized +50.9%

PFE PFIZER INC 0.6%

Value ($000) $1,564 (-25.6%) Shares 62,795 (-23.8%) Est. Cost $25.70 Unrealized -2.6%

C CITIGROUP INC 1.6%

Value ($000) $4,276 (+13.6%) Shares 36,644 (-1.1%) Est. Cost $42.64 Unrealized +143.1%

CNH CNH INDL N V 0.1%

Value ($000) $220 (-68.5%) Shares 23,900 (-63.0%) Est. Cost $10.74 Unrealized -7.0%

MOS MOSAIC CO NEW 0.3%

Value ($000) $688 (-39.8%) Shares 28,575 (-13.3%) Est. Cost $32.01 Unrealized -16.4%

CTVA CORTEVA INC 1.9%

Value ($000) $5,022 (-7.6%) Shares 74,917 (-6.7%) Est. Cost $25.49 Unrealized +153.2%

OXY OCCIDENTAL PETE CORP 0.1%

Value ($000) $354 (-50.4%) Shares 8,600 (-43.0%) Est. Cost $52.34 Unrealized -20.6%

MRK MERCK & CO INC 0.7%

Value ($000) $1,771 (+23.9%) Shares 16,828 (-1.2%) Est. Cost $55.54 Unrealized +67.9%

GIS GENERAL MLS INC 0.5%

Value ($000) $1,190 (-20.0%) Shares 25,587 (-13.2%) Est. Cost $39.51 Unrealized +20.1%

AGI ALAMOS GOLD INC NEW 2.2%

Value ($000) $5,804 (+4.9%) Shares 150,440 (-5.2%) Est. Cost $14.66 Unrealized +137.7%

CCJ CAMECO CORP 2.3%

Value ($000) $5,965 (+3.7%) Shares 65,195 (-4.9%) Est. Cost $22.32 Unrealized +303.0%

CELC CELCUITY INC 0.3%

Value ($000) $658 (+48.1%) Shares 6,600 (-26.7%) Est. Cost $40.03 Unrealized +105.4%

BK BANK NEW YORK MELLON CORP 1.7%

Value ($000) $4,518 (+4.9%) Shares 38,915 (-1.5%) Est. Cost $24.42 Unrealized +352.5%

INTC INTEL CORP 2.0%

Value ($000) $5,281 (+3.9%) Shares 143,109 (-5.5%) Est. Cost $32.31 Unrealized +16.9%

CNX CNX RES CORP 0.7%

Value ($000) $1,790 (+12.2%) Shares 48,675 (-2.0%) Est. Cost $13.99 Unrealized +156.1%

CLF CLEVELAND-CLIFFS INC NEW 0.8%

Value ($000) $1,955 (+7.5%) Shares 147,180 (-1.3%) Est. Cost $14.11 Unrealized -10.5%

THO THOR INDS INC 0.4%

Value ($000) $1,135 (-10.7%) Shares 11,052 (-9.8%) Est. Cost $71.56 Unrealized +44.3%

WFC WELLS FARGO CO NEW 0.5%

Value ($000) $1,231 (+9.1%) Shares 13,208 (-1.9%) Est. Cost $38.41 Unrealized +125.5%

AAPL APPLE INC 1.6%

Value ($000) $4,229 (+2.4%) Shares 15,554 (-4.1%) Est. Cost $83.39 Unrealized +221.8%

LPTH LIGHTPATH TECHNOLOGIES INC 0.2%

Value ($000) $613 (+11.9%) Shares 56,800 (-17.8%) Est. Cost $1.42 Unrealized +470.7%

JPM JPMORGAN CHASE & CO. 0.3%

Value ($000) $826 (-6.4%) Shares 2,565 (-8.4%) Est. Cost $149.19 Unrealized +107.5%

TT TRANE TECHNOLOGIES PLC 0.2%

Value ($000) $513 (-9.9%) Shares 1,319 (-2.3%) Est. Cost $93.73 Unrealized +341.3%

VZ VERIZON COMMUNICATIONS INC 0.2%

Value ($000) $437 (-11.4%) Shares 10,735 (-4.4%) Est. Cost $31.96 Unrealized +26.7%

PNC PNC FINL SVCS GROUP INC 1.0%

Value ($000) $2,524 (+2.2%) Shares 12,094 (-1.6%) Est. Cost $101.05 Unrealized +90.8%

TGT TARGET CORP 1.0%

Value ($000) $2,586 (+2.0%) Shares 26,455 (-6.4%) Est. Cost $170.18 Unrealized -46.2%

TJX TJX COS INC NEW 0.4%

Value ($000) $1,073 (+4.8%) Shares 6,988 (-1.4%) Est. Cost $39.85 Unrealized +270.6%

BAC BANK AMERICA CORP 0.6%

Value ($000) $1,666 (+2.9%) Shares 30,295 (-3.5%) Est. Cost $19.48 Unrealized +170.4%

AMAT APPLIED MATLS INC 0.1%

Value ($000) $355 (+13.6%) Shares 1,380 (-9.5%) Est. Cost $13.68 Unrealized +1650.6%

DEO DIAGEO PLC 0.1%

Value ($000) $255 (-13.3%) Shares 2,952 (-4.1%) Est. Cost $120.77 Unrealized —

RIG TRANSOCEAN LTD 0.1%

Value ($000) $334 (-5.7%) Shares 80,800 (-28.7%) Est. Cost $3.92 Unrealized -1.0%

COLM COLUMBIA SPORTSWEAR CO 0.2%

Value ($000) $615 (+2.0%) Shares 11,160 (-3.1%) Est. Cost $55.71 Unrealized -4.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMB	KIMBERLY-CLARK CORP	21,312 (-17.5%)	$2,150 (-33.1%)	0.8%	$89.41	+21.2%	COM	494368103
FLS	FLOWSERVE CORP	63,578 (-2.2%)	$4,411 (+27.6%)	1.7%	$34.78	+84.3%	COM	34354P105
GOOG	ALPHABET INC	15,389 (-3.8%)	$4,829 (+24.0%)	1.9%	$107.77	+165.7%	CAP STK CL C	02079K107
AEM	AGNICO EAGLE MINES LTD	49,679 (-9.5%)	$8,422 (-9.0%)	3.2%	$47.98	+249.9%	COM	008474108
CMCSA	COMCAST CORP NEW	84,090 (-16.7%)	$2,355 (-25.7%)	0.9%	$33.32	-14.4%	CL A	20030N101
MSFT	MICROSOFT CORP	11,184 (-3.6%)	$5,409 (-10.0%)	2.1%	$26.70	+1774.6%	COM	594918104
WTW	WILLIS TOWERS WATSON PLC LTD	10,870 (-9.6%)	$3,572 (-14.0%)	1.4%	$216.32	+50.9%	SHS	G96629103
PFE	PFIZER INC	62,795 (-23.8%)	$1,564 (-25.6%)	0.6%	$25.70	-2.6%	COM	717081103
C	CITIGROUP INC	36,644 (-1.1%)	$4,276 (+13.6%)	1.6%	$42.64	+143.1%	COM NEW	172967424
CNH	CNH INDL N V	23,900 (-63.0%)	$220 (-68.5%)	0.1%	$10.74	-7.0%	SHS	N20944109
MOS	MOSAIC CO NEW	28,575 (-13.3%)	$688 (-39.8%)	0.3%	$32.01	-16.4%	COM	61945C103
CTVA	CORTEVA INC	74,917 (-6.7%)	$5,022 (-7.6%)	1.9%	$25.49	+153.2%	COM	22052L104
OXY	OCCIDENTAL PETE CORP	8,600 (-43.0%)	$354 (-50.4%)	0.1%	$52.34	-20.6%	COM	674599105
MRK	MERCK & CO INC	16,828 (-1.2%)	$1,771 (+23.9%)	0.7%	$55.54	+67.9%	COM	58933Y105
GIS	GENERAL MLS INC	25,587 (-13.2%)	$1,190 (-20.0%)	0.5%	$39.51	+20.1%	COM	370334104
AGI	ALAMOS GOLD INC NEW	150,440 (-5.2%)	$5,804 (+4.9%)	2.2%	$14.66	+137.7%	COM CL A	011532108
CCJ	CAMECO CORP	65,195 (-4.9%)	$5,965 (+3.7%)	2.3%	$22.32	+303.0%	COM	13321L108
CELC	CELCUITY INC	6,600 (-26.7%)	$658 (+48.1%)	0.3%	$40.03	+105.4%	COM	15102K100
BK	BANK NEW YORK MELLON CORP	38,915 (-1.5%)	$4,518 (+4.9%)	1.7%	$24.42	+352.5%	COM	064058100
INTC	INTEL CORP	143,109 (-5.5%)	$5,281 (+3.9%)	2.0%	$32.31	+16.9%	COM	458140100
CNX	CNX RES CORP	48,675 (-2.0%)	$1,790 (+12.2%)	0.7%	$13.99	+156.1%	COM	12653C108
CLF	CLEVELAND-CLIFFS INC NEW	147,180 (-1.3%)	$1,955 (+7.5%)	0.8%	$14.11	-10.5%	COM	185899101
THO	THOR INDS INC	11,052 (-9.8%)	$1,135 (-10.7%)	0.4%	$71.56	+44.3%	COM	885160101
WFC	WELLS FARGO CO NEW	13,208 (-1.9%)	$1,231 (+9.1%)	0.5%	$38.41	+125.5%	COM	949746101
AAPL	APPLE INC	15,554 (-4.1%)	$4,229 (+2.4%)	1.6%	$83.39	+221.8%	COM	037833100
LPTH	LIGHTPATH TECHNOLOGIES INC	56,800 (-17.8%)	$613 (+11.9%)	0.2%	$1.42	+470.7%	COM CL A	532257805
JPM	JPMORGAN CHASE & CO.	2,565 (-8.4%)	$826 (-6.4%)	0.3%	$149.19	+107.5%	COM	46625H100
TT	TRANE TECHNOLOGIES PLC	1,319 (-2.3%)	$513 (-9.9%)	0.2%	$93.73	+341.3%	SHS	G8994E103
VZ	VERIZON COMMUNICATIONS INC	10,735 (-4.4%)	$437 (-11.4%)	0.2%	$31.96	+26.7%	COM	92343V104
PNC	PNC FINL SVCS GROUP INC	12,094 (-1.6%)	$2,524 (+2.2%)	1.0%	$101.05	+90.8%	COM	693475105
TGT	TARGET CORP	26,455 (-6.4%)	$2,586 (+2.0%)	1.0%	$170.18	-46.2%	COM	87612E106
TJX	TJX COS INC NEW	6,988 (-1.4%)	$1,073 (+4.8%)	0.4%	$39.85	+270.6%	COM	872540109
BAC	BANK AMERICA CORP	30,295 (-3.5%)	$1,666 (+2.9%)	0.6%	$19.48	+170.4%	COM	060505104
AMAT	APPLIED MATLS INC	1,380 (-9.5%)	$355 (+13.6%)	0.1%	$13.68	+1650.6%	COM	038222105
DEO	DIAGEO PLC	2,952 (-4.1%)	$255 (-13.3%)	0.1%	$120.77	—	SPON ADR NEW	25243Q205
RIG	TRANSOCEAN LTD	80,800 (-28.7%)	$334 (-5.7%)	0.1%	$3.92	-1.0%	REGISTERED SHS	H8817H100
COLM	COLUMBIA SPORTSWEAR CO	11,160 (-3.1%)	$615 (+2.0%)	0.2%	$55.71	-4.4%	COM	198516106

Unchanged Positions (56)

VFC V F CORP 1.9%

Value ($000) $5,047 Shares 279,145 Est. Cost $13.49 Unrealized +20.1%

UPS UNITED PARCEL SERVICE INC 1.8%

Value ($000) $4,694 Shares 47,325 Est. Cost $103.88 Unrealized -10.7%

CMI CUMMINS INC 1.4%

Value ($000) $3,773 Shares 7,391 Est. Cost $111.00 Unrealized +320.1%

EL LAUDER ESTEE COS INC 1.5%

Value ($000) $3,969 Shares 37,905 Est. Cost $76.05 Unrealized +27.3%

CAH CARDINAL HEALTH INC 0.9%

Value ($000) $2,405 Shares 11,705 Est. Cost $99.23 Unrealized +89.2%

CSCO CISCO SYS INC 1.9%

Value ($000) $4,877 Shares 63,308 Est. Cost $38.57 Unrealized +91.3%

AIG AMERICAN INTL GROUP INC 1.7%

Value ($000) $4,462 Shares 52,152 Est. Cost $44.66 Unrealized +78.4%

PG PROCTER AND GAMBLE CO 1.8%

Value ($000) $4,784 Shares 33,385 Est. Cost $60.09 Unrealized +144.9%

TRV TRAVELERS COMPANIES INC 3.6%

Value ($000) $9,455 Shares 32,595 Est. Cost $167.60 Unrealized +67.4%

JNJ JOHNSON & JOHNSON 1.1%

Value ($000) $2,855 Shares 13,794 Est. Cost $68.97 Unrealized +185.6%

GOOGL ALPHABET INC 0.4%

Value ($000) $1,103 Shares 3,523 Est. Cost $107.78 Unrealized +165.0%

TMO THERMO FISHER SCIENTIFIC INC 0.6%

Value ($000) $1,487 Shares 2,567 Est. Cost $417.06 Unrealized +35.5%

ALV AUTOLIV INC 1.9%

Value ($000) $4,877 Shares 41,085 Est. Cost $64.71 Unrealized +84.5%

CHRW C H ROBINSON WORLDWIDE INC 0.4%

Value ($000) $1,093 Shares 6,800 Est. Cost $94.05 Unrealized +56.6%

DVN DEVON ENERGY CORP NEW 1.6%

Value ($000) $4,159 Shares 113,537 Est. Cost $20.17 Unrealized +72.2%

HD HOME DEPOT INC 0.3%

Value ($000) $791 Shares 2,298 Est. Cost $71.91 Unrealized +407.0%

NSC NORFOLK SOUTHN CORP 1.2%

Value ($000) $3,032 Shares 10,500 Est. Cost $73.34 Unrealized +293.5%

WMT WALMART INC 0.6%

Value ($000) $1,636 Shares 14,687 Est. Cost $44.84 Unrealized +139.1%

ITW ILLINOIS TOOL WKS INC 0.8%

Value ($000) $1,954 Shares 7,935 Est. Cost $117.59 Unrealized +110.5%

IAUX I-80 GOLD CORP 0.1%

Value ($000) $290 Shares 198,800 Est. Cost $0.85 Unrealized +33.7%

WINA WINMARK CORP 0.1%

Value ($000) $381 Shares 940 Est. Cost $217.11 Unrealized +97.1%

LOW LOWES COS INC 0.7%

Value ($000) $1,883 Shares 7,807 Est. Cost $46.82 Unrealized +412.2%

LRCX LAM RESEARCH CORP 0.1%

Value ($000) $360 Shares 2,105 Est. Cost $78.86 Unrealized +97.0%

WRB BERKLEY W R CORP 0.3%

Value ($000) $734 Shares 10,462 Est. Cost $38.21 Unrealized +90.4%

MRSH MARSH & MCLENNAN COS INC 0.3%

Value ($000) $862 Shares 4,645 Est. Cost $31.19 Unrealized +497.8%

URI UNITED RENTALS INC 0.1%

Value ($000) $340 Shares 420 Est. Cost $361.03 Unrealized +140.2%

GD GENERAL DYNAMICS CORP 1.7%

Value ($000) $4,414 Shares 13,112 Est. Cost $127.32 Unrealized +167.7%

KO COCA COLA CO 0.4%

Value ($000) $970 Shares 13,871 Est. Cost $32.37 Unrealized +114.4%

XOM EXXON MOBIL CORP 0.2%

Value ($000) $534 Shares 4,437 Est. Cost $56.35 Unrealized +105.0%

MDT MEDTRONIC PLC 2.5%

Value ($000) $6,421 Shares 66,844 Est. Cost $68.36 Unrealized +42.1%

EMR EMERSON ELEC CO 1.8%

Value ($000) $4,783 Shares 36,040 Est. Cost $54.84 Unrealized +141.4%

ABT ABBOTT LABS 0.2%

Value ($000) $405 Shares 3,229 Est. Cost $125.48 Unrealized +1.5%

DFAC DIMENSIONAL ETF TRUST 0.3%

Value ($000) $891 Shares 22,504 Est. Cost $26.97 Unrealized —

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $281 Shares 326 Est. Cost $147.47 Unrealized +514.2%

WY WEYERHAEUSER CO MTN BE 0.2%

Value ($000) $426 Shares 17,990 Est. Cost $19.40 Unrealized +18.5%

LAMR LAMAR ADVERTISING CO NEW 0.2%

Value ($000) $576 Shares 4,549 Est. Cost $122.42 Unrealized —

CL COLGATE PALMOLIVE CO 0.6%

Value ($000) $1,523 Shares 19,269 Est. Cost $47.43 Unrealized +65.1%

ENB ENBRIDGE INC 0.1%

Value ($000) $302 Shares 6,306 Est. Cost $25.48 Unrealized +84.9%

AVGO BROADCOM INC 0.1%

Value ($000) $336 Shares 970 Est. Cost $215.92 Unrealized +65.3%

TTC TORO CO 0.2%

Value ($000) $424 Shares 5,382 Est. Cost $39.76 Unrealized +85.9%

KOPN KOPIN CORP 0.1%

Value ($000) $317 Shares 135,600 Est. Cost $1.15 Unrealized +150.9%

DIS DISNEY WALT CO 0.7%

Value ($000) $1,855 Shares 16,309 Est. Cost $79.92 Unrealized +37.1%

ABBV ABBVIE INC 0.3%

Value ($000) $879 Shares 3,849 Est. Cost $144.75 Unrealized +57.2%

PSX PHILLIPS 66 0.1%

Value ($000) $213 Shares 1,650 Est. Cost $126.39 Unrealized +6.0%

FHI FEDERATED HERMES INC 1.4%

Value ($000) $3,520 Shares 67,596 Est. Cost $18.04 Unrealized +179.0%

DFUV DIMENSIONAL ETF TRUST 0.1%

Value ($000) $229 Shares 4,920 Est. Cost $41.69 Unrealized —

DFAT DIMENSIONAL ETF TRUST 0.2%

Value ($000) $399 Shares 6,693 Est. Cost $44.75 Unrealized —

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $267 Shares 392 Est. Cost $523.07 Unrealized —

MAA MID-AMER APT CMNTYS INC 0.3%

Value ($000) $873 Shares 6,285 Est. Cost $102.69 Unrealized +29.5%

VIGI VANGUARD WHITEHALL FDS 0.1%

Value ($000) $243 Shares 2,658 Est. Cost $83.32 Unrealized —

SPG SIMON PPTY GROUP INC NEW 0.1%

Value ($000) $271 Shares 1,466 Est. Cost $94.86 Unrealized +89.8%

LKQ LKQ CORP 0.1%

Value ($000) $266 Shares 8,816 Est. Cost $32.36 Unrealized -7.4%

— AMCOR PLC 0.0%

Value ($000) $83 Shares 10,000 Est. Cost $7.76 Unrealized +6.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 3.3%

Value ($000) $8,541 Shares 16,992 Est. Cost $122.90 Unrealized +304.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $755 Shares 1 Est. Cost $366657.40 Unrealized +103.6%

NVDA NVIDIA CORPORATION 0.3%

Value ($000) $878 Shares 4,710 Est. Cost $126.71 Unrealized +46.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VFC	V F CORP	279,145	$5,047	1.9%	$13.49	+20.1%	COM	918204108
UPS	UNITED PARCEL SERVICE INC	47,325	$4,694	1.8%	$103.88	-10.7%	CL B	911312106
CMI	CUMMINS INC	7,391	$3,773	1.4%	$111.00	+320.1%	COM	231021106
EL	LAUDER ESTEE COS INC	37,905	$3,969	1.5%	$76.05	+27.3%	CL A	518439104
CAH	CARDINAL HEALTH INC	11,705	$2,405	0.9%	$99.23	+89.2%	COM	14149Y108
CSCO	CISCO SYS INC	63,308	$4,877	1.9%	$38.57	+91.3%	COM	17275R102
AIG	AMERICAN INTL GROUP INC	52,152	$4,462	1.7%	$44.66	+78.4%	COM NEW	026874784
PG	PROCTER AND GAMBLE CO	33,385	$4,784	1.8%	$60.09	+144.9%	COM	742718109
TRV	TRAVELERS COMPANIES INC	32,595	$9,455	3.6%	$167.60	+67.4%	COM	89417E109
JNJ	JOHNSON & JOHNSON	13,794	$2,855	1.1%	$68.97	+185.6%	COM	478160104
GOOGL	ALPHABET INC	3,523	$1,103	0.4%	$107.78	+165.0%	CAP STK CL A	02079K305
TMO	THERMO FISHER SCIENTIFIC INC	2,567	$1,487	0.6%	$417.06	+35.5%	COM	883556102
ALV	AUTOLIV INC	41,085	$4,877	1.9%	$64.71	+84.5%	COM	052800109
CHRW	C H ROBINSON WORLDWIDE INC	6,800	$1,093	0.4%	$94.05	+56.6%	COM NEW	12541W209
DVN	DEVON ENERGY CORP NEW	113,537	$4,159	1.6%	$20.17	+72.2%	COM	25179M103
HD	HOME DEPOT INC	2,298	$791	0.3%	$71.91	+407.0%	COM	437076102
NSC	NORFOLK SOUTHN CORP	10,500	$3,032	1.2%	$73.34	+293.5%	COM	655844108
WMT	WALMART INC	14,687	$1,636	0.6%	$44.84	+139.1%	COM	931142103
ITW	ILLINOIS TOOL WKS INC	7,935	$1,954	0.8%	$117.59	+110.5%	COM	452308109
IAUX	I-80 GOLD CORP	198,800	$290	0.1%	$0.85	+33.7%	COM	44955L106
WINA	WINMARK CORP	940	$381	0.1%	$217.11	+97.1%	COM	974250102
LOW	LOWES COS INC	7,807	$1,883	0.7%	$46.82	+412.2%	COM	548661107
LRCX	LAM RESEARCH CORP	2,105	$360	0.1%	$78.86	+97.0%	COM NEW	512807306
WRB	BERKLEY W R CORP	10,462	$734	0.3%	$38.21	+90.4%	COM	084423102
MRSH	MARSH & MCLENNAN COS INC	4,645	$862	0.3%	$31.19	+497.8%	COM	571748102
URI	UNITED RENTALS INC	420	$340	0.1%	$361.03	+140.2%	COM	911363109
GD	GENERAL DYNAMICS CORP	13,112	$4,414	1.7%	$127.32	+167.7%	COM	369550108
KO	COCA COLA CO	13,871	$970	0.4%	$32.37	+114.4%	COM	191216100
XOM	EXXON MOBIL CORP	4,437	$534	0.2%	$56.35	+105.0%	COM	30231G102
MDT	MEDTRONIC PLC	66,844	$6,421	2.5%	$68.36	+42.1%	SHS	G5960L103
EMR	EMERSON ELEC CO	36,040	$4,783	1.8%	$54.84	+141.4%	COM	291011104
ABT	ABBOTT LABS	3,229	$405	0.2%	$125.48	+1.5%	COM	002824100
DFAC	DIMENSIONAL ETF TRUST	22,504	$891	0.3%	$26.97	—	US CORE EQUITY 2	25434V708
COST	COSTCO WHSL CORP NEW	326	$281	0.1%	$147.47	+514.2%	COM	22160K105
WY	WEYERHAEUSER CO MTN BE	17,990	$426	0.2%	$19.40	+18.5%	COM NEW	962166104
LAMR	LAMAR ADVERTISING CO NEW	4,549	$576	0.2%	$122.42	—	CL A	512816109
CL	COLGATE PALMOLIVE CO	19,269	$1,523	0.6%	$47.43	+65.1%	COM	194162103
ENB	ENBRIDGE INC	6,306	$302	0.1%	$25.48	+84.9%	COM	29250N105
AVGO	BROADCOM INC	970	$336	0.1%	$215.92	+65.3%	COM	11135F101
TTC	TORO CO	5,382	$424	0.2%	$39.76	+85.9%	COM	891092108
KOPN	KOPIN CORP	135,600	$317	0.1%	$1.15	+150.9%	COM	500600101
DIS	DISNEY WALT CO	16,309	$1,855	0.7%	$79.92	+37.1%	COM	254687106
ABBV	ABBVIE INC	3,849	$879	0.3%	$144.75	+57.2%	COM	00287Y109
PSX	PHILLIPS 66	1,650	$213	0.1%	$126.39	+6.0%	COM	718546104
FHI	FEDERATED HERMES INC	67,596	$3,520	1.4%	$18.04	+179.0%	CL B	314211103
DFUV	DIMENSIONAL ETF TRUST	4,920	$229	0.1%	$41.69	—	US MKTWIDE VALUE	25434V724
DFAT	DIMENSIONAL ETF TRUST	6,693	$399	0.2%	$44.75	—	US TARGETED VLU	25434V609
SPY	SPDR S&P 500 ETF TR	392	$267	0.1%	$523.07	—	TR UNIT	78462F103
MAA	MID-AMER APT CMNTYS INC	6,285	$873	0.3%	$102.69	+29.5%	COM	59522J103
VIGI	VANGUARD WHITEHALL FDS	2,658	$243	0.1%	$83.32	—	INTL DVD ETF	921946810
SPG	SIMON PPTY GROUP INC NEW	1,466	$271	0.1%	$94.86	+89.8%	COM	828806109
LKQ	LKQ CORP	8,816	$266	0.1%	$32.36	-7.4%	COM	501889208
—	AMCOR PLC	10,000	$83	0.0%	$7.76	+6.4%	ORD	G0250X107
BRK/B	BERKSHIRE HATHAWAY INC DEL	16,992	$8,541	3.3%	$122.90	+304.8%	CL B NEW	084670702
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$755	0.3%	$366657.40	+103.6%	CL A	084670108
NVDA	NVIDIA CORPORATION	4,710	$878	0.3%	$126.71	+46.9%	COM	67066G104