Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VTIP	VANGUARD MALVERN FDS	232,135	$11.66M	3.2%	$50.23	—	STRM INFPROIDX	922020805
HON	HONEYWELL INTL INC	14,521	$3.251M	0.9%	$223.90	—	COM	438516205
HONA	HONEYWELL AEROSPACE INC	14,439	$3.192M	0.9%	$221.08	—	COM	43849R105
SBR	SABINE RTY TR	4,100	$300K	0.1%	$73.20	—	UNIT BEN INT	785688102
GEV	GE VERNOVA INC	225	$264K	0.1%	$1174.86	—	COM	36828A101
UGI	UGI CORP NEW	7,500	$259K	0.1%	$34.54	—	COM	902681105
GLW	CORNING INC	955	$244K	0.1%	$255.43	—	COM	219350105
ZTS	ZOETIS INC	3,230	$232K	0.1%	$71.86	—	CL A	98978V103
USB	US BANCORP	3,800	$230K	0.1%	$60.40	—	COM NEW	902973304
SNDK	SANDISK CORP	93	$211K	0.1%	$2273.73	—	COM	80004C200
MU	MICRON TECHNOLOGY INC	183	$211K	0.1%	$1154.29	—	COM	595112103
ASML	ASML HLDG NV	106	$211K	0.1%	$1989.44	—	N Y REGISTRY SHS	N07059210
DELL	DELL TECHNOLOGIES INC	474	$205K	0.1%	$431.46	—	CL C	24703L202
VEEV	VEEVA SYS INC	1,152	$204K	0.1%	$177.47	—	CL A COM	922475108

Increased Positions (17)

ABT ABBOTT LABORATORIES 0.7%

Value $2.696M (+113.9%) Shares 29,707 (+142.1%) Est. Cost $79.57 Unrealized —

HII HUNTINGTON INGALLS INDS INC 0.7%

Value $2.543M (+79.2%) Shares 9,085 (+143.2%) Est. Cost $257.23 Unrealized —

ABBV ABBVIE INC 1.5%

Value $5.397M (+17.4%) Shares 21,448 (+1.5%) Est. Cost $97.87 Unrealized —

MCD MCDONALDS CORP 1.6%

Value $5.683M (-10.9%) Shares 21,025 (+2.5%) Est. Cost $144.56 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.8%

Value $2.821M (+17.3%) Shares 10,039 (+1.2%) Est. Cost $101.72 Unrealized —

V VISA INC 0.5%

Value $1.986M (+16.3%) Shares 5,788 (+2.5%) Est. Cost $329.51 Unrealized —

IBDX ISHARES TR 0.2%

Value $813K (+47.1%) Shares 32,285 (+47.6%) Est. Cost $25.24 Unrealized —

IBDW ISHARES TR 0.7%

Value $2.433M (+10.2%) Shares 116,752 (+10.6%) Est. Cost $21.08 Unrealized —

MSFT MICROSOFT CORP 2.2%

Value $8.025M (+2.8%) Shares 21,522 (+2.1%) Est. Cost $88.83 Unrealized —

JEPQ J P MORGAN EXCHANGE TRADED F 0.1%

Value $520K (+63.6%) Shares 8,462 (+47.8%) Est. Cost $57.24 Unrealized —

TRV TRAVELERS COMPANIES INC 0.2%

Value $818K (+21.2%) Shares 2,478 (+7.1%) Est. Cost $276.77 Unrealized —

AMZN AMAZON COM INC 0.3%

Value $917K (+18.5%) Shares 3,848 (+3.5%) Est. Cost $119.11 Unrealized —

KR KROGER CO 0.2%

Value $813K (+15.6%) Shares 14,642 (+50.7%) Est. Cost $61.83 Unrealized —

ETN EATON CORP PLC 0.1%

Value $513K (+22.7%) Shares 1,203 (+3.0%) Est. Cost $355.74 Unrealized —

O REALTY INCOME CORP 0.5%

Value $1.821M (+4.8%) Shares 29,383 (+3.5%) Est. Cost $57.45 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value $268K (+21.3%) Shares 1,341 (+6.0%) Est. Cost $130.00 Unrealized —

META META PLATFORMS INC 0.2%

Value $811K (+1.4%) Shares 1,442 (+3.2%) Est. Cost $330.78 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ABT	ABBOTT LABORATORIES	29,707 (+142.1%)	$2.696M (+113.9%)	0.7%	$79.57	—	COM	002824100
HII	HUNTINGTON INGALLS INDS INC	9,085 (+143.2%)	$2.543M (+79.2%)	0.7%	$257.23	—	COM	446413106
ABBV	ABBVIE INC	21,448 (+1.5%)	$5.397M (+17.4%)	1.5%	$97.87	—	COM	00287Y109
MCD	MCDONALDS CORP	21,025 (+2.5%)	$5.683M (-10.9%)	1.6%	$144.56	—	COM	580135101
IBM	INTERNATIONAL BUSINESS MACHS	10,039 (+1.2%)	$2.821M (+17.3%)	0.8%	$101.72	—	COM	459200101
V	VISA INC	5,788 (+2.5%)	$1.986M (+16.3%)	0.5%	$329.51	—	COM CL A	92826C839
IBDX	ISHARES TR	32,285 (+47.6%)	$813K (+47.1%)	0.2%	$25.24	—	IBONDS DEC 2032	46436E312
IBDW	ISHARES TR	116,752 (+10.6%)	$2.433M (+10.2%)	0.7%	$21.08	—	IBONDS DEC 2031	46436E486
MSFT	MICROSOFT CORP	21,522 (+2.1%)	$8.025M (+2.8%)	2.2%	$88.83	—	COM	594918104
JEPQ	J P MORGAN EXCHANGE TRADED F	8,462 (+47.8%)	$520K (+63.6%)	0.1%	$57.24	—	NASDAQ EQT PREM	46654Q203
TRV	TRAVELERS COMPANIES INC	2,478 (+7.1%)	$818K (+21.2%)	0.2%	$276.77	—	COM	89417E109
AMZN	AMAZON COM INC	3,848 (+3.5%)	$917K (+18.5%)	0.3%	$119.11	—	COM	023135106
KR	KROGER CO	14,642 (+50.7%)	$813K (+15.6%)	0.2%	$61.83	—	COM	501044101
ETN	EATON CORP PLC	1,203 (+3.0%)	$513K (+22.7%)	0.1%	$355.74	—	SHS	G29183103
O	REALTY INCOME CORP	29,383 (+3.5%)	$1.821M (+4.8%)	0.5%	$57.45	—	COM	756109104
NVDA	NVIDIA CORPORATION	1,341 (+6.0%)	$268K (+21.3%)	0.1%	$130.00	—	COM	67066G104
META	META PLATFORMS INC	1,442 (+3.2%)	$811K (+1.4%)	0.2%	$330.78	—	CL A	30303M102

Exited Positions (3)

HON HONEYWELL INTL INC 1.7%

Value $6.26M Shares 27,695 Est. Cost $152.17 Unrealized —

BMY BRISTOL-MYERS SQUIBB CO 0.1%

Value $220K Shares 3,622 Est. Cost $57.43 Unrealized —

TPL TEXAS PACIFIC LAND CORPORATI 0.1%

Value $214K Shares 450 Est. Cost $373.26 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	27,695	$6.26M	1.7%	$152.17	—	—	438516106
BMY	BRISTOL-MYERS SQUIBB CO	3,622	$220K	0.1%	$57.43	—	—	110122108
TPL	TEXAS PACIFIC LAND CORPORATI	450	$214K	0.1%	$373.26	—	—	88262P102

Decreased Positions (24)

XOM EXXON MOBIL CORP 3.2%

Value $11.46M (-22.3%) Shares 83,833 (-3.5%) Est. Cost $91.04 Unrealized —

COP CONOCOPHILLIPS 2.6%

Value $9.504M (-22.3%) Shares 91,424 (-1.3%) Est. Cost $39.05 Unrealized —

GOOG ALPHABET INC 4.5%

Value $16.47M (+15.5%) Shares 46,642 (-6.2%) Est. Cost $94.73 Unrealized —

CVX CHEVRON CORPORATION 2.1%

Value $7.527M (-20.8%) Shares 45,454 (-1.0%) Est. Cost $75.49 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.6%

Value $2.003M (-48.8%) Shares 47,325 (-39.3%) Est. Cost $36.82 Unrealized —

WMT WALMART INC 4.3%

Value $15.54M (-10.8%) Shares 137,247 (-2.1%) Est. Cost $43.89 Unrealized —

AAPL APPLE INC 4.7%

Value $17.2M (+8.4%) Shares 59,477 (-4.9%) Est. Cost $85.11 Unrealized —

BK BANK OF NY MELLON CORP 3.1%

Value $11.31M (+11.9%) Shares 78,197 (-8.2%) Est. Cost $46.66 Unrealized —

TFLO ISHARES TR 2.0%

Value $7.131M (-8.8%) Shares 140,840 (-8.8%) Est. Cost $50.52 Unrealized —

IBDR ISHARES TR 1.4%

Value $5.216M (-11.4%) Shares 215,254 (-11.4%) Est. Cost $23.28 Unrealized —

SCHD SCHWAB STRATEGIC TR 0.4%

Value $1.522M (-25.6%) Shares 47,995 (-28.0%) Est. Cost $37.12 Unrealized —

GOOGL ALPHABET INC 0.6%

Value $2.339M (+19.6%) Shares 6,544 (-3.8%) Est. Cost $94.32 Unrealized —

SCHY SCHWAB STRATEGIC TR 7.1%

Value $25.66M (-1.3%) Shares 808,765 (-1.5%) Est. Cost $27.77 Unrealized —

JPM JPMORGAN CHASE & CO 1.2%

Value $4.445M (+6.6%) Shares 13,585 (-4.2%) Est. Cost $136.83 Unrealized —

VMI VALMONT INDS INC 0.2%

Value $713K (+35.2%) Shares 1,235 (-6.4%) Est. Cost $183.80 Unrealized —

IBDS ISHARES TR 1.8%

Value $6.442M (-2.5%) Shares 265,974 (-2.5%) Est. Cost $23.68 Unrealized —

SOLS SOLSTICE ADVANCED MATLS INC 0.1%

Value $255K (-36.8%) Shares 2,877 (-45.7%) Est. Cost $47.08 Unrealized —

FDX FEDEX CORP 0.2%

Value $579K (-13.1%) Shares 1,849 (-1.1%) Est. Cost $165.50 Unrealized —

EMR EMERSON ELEC CO 0.3%

Value $1.027M (+7.6%) Shares 7,177 (-1.5%) Est. Cost $53.70 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value $845K (-7.1%) Shares 4,456 (-3.4%) Est. Cost $190.39 Unrealized —

SCHW SCHWAB CHARLES CORP 0.3%

Value $1.153M (-5.2%) Shares 12,494 (-3.5%) Est. Cost $63.75 Unrealized —

IBDV ISHARES TR 1.1%

Value $4.039M (-1.5%) Shares 185,294 (-1.1%) Est. Cost $21.69 Unrealized —

KMB KIMBERLY-CLARK CORP 0.1%

Value $239K (-19.5%) Shares 2,175 (-29.3%) Est. Cost $107.54 Unrealized —

DEO DIAGEO PLC 0.1%

Value $493K (+3.4%) Shares 6,140 (-4.1%) Est. Cost $93.91 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORP	83,833 (-3.5%)	$11.46M (-22.3%)	3.2%	$91.04	—	COM	30231G102
COP	CONOCOPHILLIPS	91,424 (-1.3%)	$9.504M (-22.3%)	2.6%	$39.05	—	COM	20825C104
GOOG	ALPHABET INC	46,642 (-6.2%)	$16.47M (+15.5%)	4.5%	$94.73	—	CAP STK CL C	02079K107
CVX	CHEVRON CORPORATION	45,454 (-1.0%)	$7.527M (-20.8%)	2.1%	$75.49	—	COM	166764100
VZ	VERIZON COMMUNICATIONS INC	47,325 (-39.3%)	$2.003M (-48.8%)	0.6%	$36.82	—	COM	92343V104
WMT	WALMART INC	137,247 (-2.1%)	$15.54M (-10.8%)	4.3%	$43.89	—	COM	931142103
AAPL	APPLE INC	59,477 (-4.9%)	$17.2M (+8.4%)	4.7%	$85.11	—	COM	037833100
BK	BANK OF NY MELLON CORP	78,197 (-8.2%)	$11.31M (+11.9%)	3.1%	$46.66	—	COM	064058100
TFLO	ISHARES TR	140,840 (-8.8%)	$7.131M (-8.8%)	2.0%	$50.52	—	TRS FLT RT BD	46434V860
IBDR	ISHARES TR	215,254 (-11.4%)	$5.216M (-11.4%)	1.4%	$23.28	—	IBONDS DEC2026	46435GAA0
SCHD	SCHWAB STRATEGIC TR	47,995 (-28.0%)	$1.522M (-25.6%)	0.4%	$37.12	—	US DIVIDEND EQ	808524797
GOOGL	ALPHABET INC	6,544 (-3.8%)	$2.339M (+19.6%)	0.6%	$94.32	—	CAP STK CL A	02079K305
SCHY	SCHWAB STRATEGIC TR	808,765 (-1.5%)	$25.66M (-1.3%)	7.1%	$27.77	—	INTERNL DIVID	808524672
JPM	JPMORGAN CHASE & CO	13,585 (-4.2%)	$4.445M (+6.6%)	1.2%	$136.83	—	COM	46625H100
VMI	VALMONT INDS INC	1,235 (-6.4%)	$713K (+35.2%)	0.2%	$183.80	—	COM	920253101
IBDS	ISHARES TR	265,974 (-2.5%)	$6.442M (-2.5%)	1.8%	$23.68	—	IBONDS 27 ETF	46435UAA9
SOLS	SOLSTICE ADVANCED MATLS INC	2,877 (-45.7%)	$255K (-36.8%)	0.1%	$47.08	—	COM SHS	83443Q103
FDX	FEDEX CORP	1,849 (-1.1%)	$579K (-13.1%)	0.2%	$165.50	—	COM	31428X106
EMR	EMERSON ELEC CO	7,177 (-1.5%)	$1.027M (+7.6%)	0.3%	$53.70	—	COM	291011104
AZN	ASTRAZENECA PLC	4,456 (-3.4%)	$845K (-7.1%)	0.2%	$190.39	—	ORD	G0593M107
SCHW	SCHWAB CHARLES CORP	12,494 (-3.5%)	$1.153M (-5.2%)	0.3%	$63.75	—	COM	808513105
IBDV	ISHARES TR	185,294 (-1.1%)	$4.039M (-1.5%)	1.1%	$21.69	—	IBONDS DEC 2030	46436E726
KMB	KIMBERLY-CLARK CORP	2,175 (-29.3%)	$239K (-19.5%)	0.1%	$107.54	—	COM	494368103
DEO	DIAGEO PLC	6,140 (-4.1%)	$493K (+3.4%)	0.1%	$93.91	—	SPON ADR NEW	25243Q205

Unchanged Positions (37)

GLD SPDR GOLD TR 1.8%

Value $6.541M Shares 17,757 Est. Cost $208.28 Unrealized —

LMT LOCKHEED MARTIN CORP 1.3%

Value $4.741M Shares 9,305 Est. Cost $300.72 Unrealized —

HSY HERSHEY CO 1.1%

Value $4.083M Shares 23,273 Est. Cost $159.09 Unrealized —

PNC PNC FINL SVCS GROUP INC 1.3%

Value $4.763M Shares 19,348 Est. Cost $113.06 Unrealized —

MRK MERCK & CO INC 3.3%

Value $11.89M Shares 92,513 Est. Cost $44.16 Unrealized —

UNP UNION PAC CORP 1.7%

Value $6.027M Shares 22,157 Est. Cost $135.56 Unrealized —

CAT CATERPILLAR INC 0.5%

Value $1.881M Shares 1,775 Est. Cost $185.37 Unrealized —

KO COCA COLA CO 2.2%

Value $7.909M Shares 97,406 Est. Cost $56.63 Unrealized —

JNJ JOHNSON & JOHNSON 4.5%

Value $16.5M Shares 64,967 Est. Cost $72.14 Unrealized —

CB CHUBB LIMITED 3.4%

Value $12.24M Shares 35,931 Est. Cost $138.79 Unrealized —

PEP PEPSICO INC 0.6%

Value $2.228M Shares 16,473 Est. Cost $93.23 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.7%

Value $2.647M Shares 11,818 Est. Cost $132.67 Unrealized —

ITW ILLINOIS TOOL WKS INC 2.2%

Value $7.871M Shares 29,101 Est. Cost $126.37 Unrealized —

HD HOME DEPOT INC 1.0%

Value $3.669M Shares 10,403 Est. Cost $232.47 Unrealized —

PG PROCTER & GAMBLE CO 2.3%

Value $8.421M Shares 57,457 Est. Cost $65.99 Unrealized —

AMGN AMGEN INC 2.0%

Value $7.267M Shares 20,068 Est. Cost $188.33 Unrealized —

SBUX STARBUCKS CORP 0.4%

Value $1.288M Shares 12,600 Est. Cost $51.57 Unrealized —

DUK DUKE ENERGY CORP NEW 1.1%

Value $4.052M Shares 32,011 Est. Cost $94.72 Unrealized —

CSCO CISCO SYS INC 0.1%

Value $437K Shares 3,723 Est. Cost $57.58 Unrealized —

NVS NOVARTIS AG 1.7%

Value $6.335M Shares 40,423 Est. Cost $104.68 Unrealized —

ED CONSOLIDATED EDISON INC 1.6%

Value $5.738M Shares 51,867 Est. Cost $69.13 Unrealized —

SHEL SHELL PLC 0.1%

Value $466K Shares 6,050 Est. Cost $54.70 Unrealized —

MAA MID-AMER APT CMNTYS INC 0.2%

Value $749K Shares 5,390 Est. Cost $129.52 Unrealized —

XLU SELECT SECTOR SPDR TR 1.1%

Value $3.941M Shares 86,930 Est. Cost $50.43 Unrealized —

BXP BXP INC 0.1%

Value $358K Shares 5,400 Est. Cost $55.86 Unrealized —

DE DEERE & CO 0.1%

Value $492K Shares 775 Est. Cost $150.87 Unrealized —

IBDU ISHARES TR 1.6%

Value $5.688M Shares 245,615 Est. Cost $22.92 Unrealized —

IBDT ISHARES TR 1.8%

Value $6.622M Shares 262,251 Est. Cost $24.84 Unrealized —

DG DOLLAR GEN CORP 0.3%

Value $976K Shares 8,480 Est. Cost $87.24 Unrealized —

CL COLGATE PALMOLIVE CO 0.1%

Value $430K Shares 4,690 Est. Cost $79.59 Unrealized —

SLB SLB LIMITED 0.1%

Value $286K Shares 6,145 Est. Cost $48.30 Unrealized —

GRMN GARMIN LTD 0.4%

Value $1.289M Shares 5,428 Est. Cost $134.08 Unrealized —

FANG DIAMONDBACK ENERGY INC 0.1%

Value $202K Shares 1,150 Est. Cost $147.05 Unrealized —

KOF COCA-COLA FEMSA SAB DE CV 0.1%

Value $252K Shares 2,375 Est. Cost $94.71 Unrealized —

KMI KINDER MORGAN INC DEL 0.1%

Value $285K Shares 8,900 Est. Cost $24.88 Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value $410K Shares 799 Est. Cost $281.55 Unrealized —

MKC MCCORMICK & CO INC 0.3%

Value $1.025M Shares 20,325 Est. Cost $65.66 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TR	17,757	$6.541M	1.8%	$208.28	—	GOLD SHS	78463V107
LMT	LOCKHEED MARTIN CORP	9,305	$4.741M	1.3%	$300.72	—	COM	539830109
HSY	HERSHEY CO	23,273	$4.083M	1.1%	$159.09	—	COM	427866108
PNC	PNC FINL SVCS GROUP INC	19,348	$4.763M	1.3%	$113.06	—	COM	693475105
MRK	MERCK & CO INC	92,513	$11.89M	3.3%	$44.16	—	COM	58933Y105
UNP	UNION PAC CORP	22,157	$6.027M	1.7%	$135.56	—	COM	907818108
CAT	CATERPILLAR INC	1,775	$1.881M	0.5%	$185.37	—	COM	149123101
KO	COCA COLA CO	97,406	$7.909M	2.2%	$56.63	—	COM	191216100
JNJ	JOHNSON & JOHNSON	64,967	$16.5M	4.5%	$72.14	—	COM	478160104
CB	CHUBB LIMITED	35,931	$12.24M	3.4%	$138.79	—	COM	H1467J104
PEP	PEPSICO INC	16,473	$2.228M	0.6%	$93.23	—	COM	713448108
ADP	AUTOMATIC DATA PROCESSING IN	11,818	$2.647M	0.7%	$132.67	—	COM	053015103
ITW	ILLINOIS TOOL WKS INC	29,101	$7.871M	2.2%	$126.37	—	COM	452308109
HD	HOME DEPOT INC	10,403	$3.669M	1.0%	$232.47	—	COM	437076102
PG	PROCTER & GAMBLE CO	57,457	$8.421M	2.3%	$65.99	—	COM	742718109
AMGN	AMGEN INC	20,068	$7.267M	2.0%	$188.33	—	COM	031162100
SBUX	STARBUCKS CORP	12,600	$1.288M	0.4%	$51.57	—	COM	855244109
DUK	DUKE ENERGY CORP NEW	32,011	$4.052M	1.1%	$94.72	—	COM NEW	26441C204
CSCO	CISCO SYS INC	3,723	$437K	0.1%	$57.58	—	COM	17275R102
NVS	NOVARTIS AG	40,423	$6.335M	1.7%	$104.68	—	SPONSORED ADR	66987V109
ED	CONSOLIDATED EDISON INC	51,867	$5.738M	1.6%	$69.13	—	COM	209115104
SHEL	SHELL PLC	6,050	$466K	0.1%	$54.70	—	SPON ADS	780259305
MAA	MID-AMER APT CMNTYS INC	5,390	$749K	0.2%	$129.52	—	COM	59522J103
XLU	SELECT SECTOR SPDR TR	86,930	$3.941M	1.1%	$50.43	—	ST STR UTIL ETF	81369Y886
BXP	BXP INC	5,400	$358K	0.1%	$55.86	—	COM	101121101
DE	DEERE & CO	775	$492K	0.1%	$150.87	—	COM	244199105
IBDU	ISHARES TR	245,615	$5.688M	1.6%	$22.92	—	IBONDS DEC 29	46436E205
IBDT	ISHARES TR	262,251	$6.622M	1.8%	$24.84	—	IBDS DEC28 ETF	46435U515
DG	DOLLAR GEN CORP	8,480	$976K	0.3%	$87.24	—	COM	256677105
CL	COLGATE PALMOLIVE CO	4,690	$430K	0.1%	$79.59	—	COM	194162103
SLB	SLB LIMITED	6,145	$286K	0.1%	$48.30	—	COM STK	806857108
GRMN	GARMIN LTD	5,428	$1.289M	0.4%	$134.08	—	SHS	H2906T109
FANG	DIAMONDBACK ENERGY INC	1,150	$202K	0.1%	$147.05	—	COM	25278X109
KOF	COCA-COLA FEMSA SAB DE CV	2,375	$252K	0.1%	$94.71	—	SPONS ADS REP	191241108
KMI	KINDER MORGAN INC DEL	8,900	$285K	0.1%	$24.88	—	COM	49456B101
MA	MASTERCARD INCORPORATED	799	$410K	0.1%	$281.55	—	CL A	57636Q104
MKC	MCCORMICK & CO INC	20,325	$1.025M	0.3%	$65.66	—	COM NON VTG	579780206