Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	Exxon Mobil Corp.	40,229	$5.5M	1.6%	$136.72	—	—	30233Q108
LMRI	Lumexa Imaging Holdings Inc	278,000	$3.136M	0.9%	$11.28	—	—	550249106
BHRB	Burke & Herbert Financial Services Corp	10,831	$778K	0.2%	$71.83	—	—	12135Y108
CAT	Caterpillar, Inc.	272	$290K	0.1%	$1066.18	—	—	149123101
—	EUROFINS SCIENTIFIC	3,101	$243K	0.1%	$78.36	—	—	001400944
PNC	PNC Financial Services Gr	950	$234K	0.1%	$246.32	—	—	693475105
UNH	United Health Group Inc.	498	$207K	0.1%	$415.66	—	—	91324P102
SUNB	Sunbelt Rentals Holdings, Inc.	2,817	$205K	0.1%	$72.77	—	—	866966104

Increased Positions (9)

RSP Rydex S&P Equal Weight 5.6%

Value $19.37M (+23.0%) Shares 91,044 (+11.0%) Est. Cost $193.98 Unrealized —

MGV Vanguard Mega Cap Value 6.7%

Value $23.15M (+14.6%) Shares 141,613 (+1.6%) Est. Cost $117.26 Unrealized —

MSFT Microsoft Corp 2.0%

Value $6.928M (+20.2%) Shares 18,574 (+19.3%) Est. Cost $301.40 Unrealized —

JPM J.P. Morgan Chase 1.5%

Value $5.234M (+25.4%) Shares 15,990 (+12.7%) Est. Cost $178.69 Unrealized —

GOOGL Alphabet Inc - A Shares 0.3%

Value $943K (+78.6%) Shares 2,640 (+43.8%) Est. Cost $213.43 Unrealized —

BRK/B Berkshire Hathaway Inc. Cl B 1.0%

Value $3.398M (+9.6%) Shares 6,790 (+5.0%) Est. Cost $279.52 Unrealized —

IBIT iShares Bitcoin Trust ETF 0.3%

Value $1.202M (-11.2%) Shares 36,121 (+2.5%) Est. Cost $41.53 Unrealized —

VUG Vanguard Growth Vipers 0.1%

Value $357K (+18.6%) Shares 4,140 (+500.0%) Est. Cost $117.45 Unrealized —

META Meta Platforms Inc 0.2%

Value $804K (+0.1%) Shares 1,428 (+1.8%) Est. Cost $223.76 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RSP	Rydex S&P Equal Weight	91,044 (+11.0%)	$19.37M (+23.0%)	5.6%	$193.98	—	—	46137V357
MGV	Vanguard Mega Cap Value	141,613 (+1.6%)	$23.15M (+14.6%)	6.7%	$117.26	—	—	921910840
MSFT	Microsoft Corp	18,574 (+19.3%)	$6.928M (+20.2%)	2.0%	$301.40	—	—	594918104
JPM	J.P. Morgan Chase	15,990 (+12.7%)	$5.234M (+25.4%)	1.5%	$178.69	—	—	46625H100
GOOGL	Alphabet Inc - A Shares	2,640 (+43.8%)	$943K (+78.6%)	0.3%	$213.43	—	—	02079K305
BRK/B	Berkshire Hathaway Inc. Cl B	6,790 (+5.0%)	$3.398M (+9.6%)	1.0%	$279.52	—	—	084670702
IBIT	iShares Bitcoin Trust ETF	36,121 (+2.5%)	$1.202M (-11.2%)	0.3%	$41.53	—	—	46438F101
VUG	Vanguard Growth Vipers	4,140 (+500.0%)	$357K (+18.6%)	0.1%	$117.45	—	—	922908736
META	Meta Platforms Inc	1,428 (+1.8%)	$804K (+0.1%)	0.2%	$223.76	—	—	30303M102

Exited Positions (6)

XOM Exxon Mobil Corp. 2.0%

Value $6.98M Shares 41,141 Est. Cost $100.34 Unrealized —

CWAN Clearwater Analytics Holdings - Class A 0.5%

Value $1.748M Shares 73,931 Est. Cost $27.92 Unrealized —

VYM Vanguard High Div Yield 0.1%

Value $509K Shares 3,437 Est. Cost $121.18 Unrealized —

INTU Intuit Inc 0.1%

Value $259K Shares 600 Est. Cost $340.30 Unrealized —

HON Honeywell International I 0.1%

Value $226K Shares 1,000 Est. Cost $225.93 Unrealized —

IVE iShares S&P 500 Value 0.1%

Value $211K Shares 997 Est. Cost $152.45 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	Exxon Mobil Corp.	41,141	$6.98M	2.0%	$100.34	—	—	30231G102
CWAN	Clearwater Analytics Holdings - Class A	73,931	$1.748M	0.5%	$27.92	—	—	185123106
VYM	Vanguard High Div Yield	3,437	$509K	0.1%	$121.18	—	—	921946406
INTU	Intuit Inc	600	$259K	0.1%	$340.30	—	—	461202103
HON	Honeywell International I	1,000	$226K	0.1%	$225.93	—	—	438516106
IVE	iShares S&P 500 Value	997	$211K	0.1%	$152.45	—	—	464287408

Decreased Positions (19)

SPY S&P 500 Spiders 34.1%

Value $119M (+8.3%) Shares 158,695 (-5.7%) Est. Cost $495.22 Unrealized —

DIA Dow Diamonds - SPDR Dow Jones 8.8%

Value $30.45M (+10.5%) Shares 58,298 (-2.0%) Est. Cost $344.32 Unrealized —

VIG Vanguard Dividend Appreciation 8.2%

Value $28.61M (+6.8%) Shares 120,904 (-3.0%) Est. Cost $170.32 Unrealized —

AAPL Apple Computer, Inc. 2.7%

Value $9.211M (+12.0%) Shares 31,831 (-1.8%) Est. Cost $181.12 Unrealized —

FDX Fed-Ex Corporation 0.1%

Value $244K (-61.5%) Shares 780 (-56.2%) Est. Cost $218.89 Unrealized —

PFE Pfizer Inc 0.2%

Value $653K (-35.8%) Shares 27,116 (-25.1%) Est. Cost $28.92 Unrealized —

AMZN Amazon.com Inc 1.0%

Value $3.567M (+10.7%) Shares 14,967 (-3.2%) Est. Cost $172.13 Unrealized —

USMV iShares MSCI USA Minimum Vol 0.3%

Value $943K (-26.5%) Shares 9,775 (-29.3%) Est. Cost $93.87 Unrealized —

GOOG Alphabet Inc - C Shares 0.6%

Value $1.98M (+18.1%) Shares 5,604 (-4.1%) Est. Cost $112.83 Unrealized —

EFA MSCI EAFE Index 1.4%

Value $5.02M (+5.1%) Shares 48,325 (-1.7%) Est. Cost $77.07 Unrealized —

MRK Merck & Co Inc. 0.1%

Value $498K (-29.6%) Shares 3,876 (-34.0%) Est. Cost $97.72 Unrealized —

CVX Chevron Texaco Corporation 0.2%

Value $758K (-20.7%) Shares 4,573 (-1.0%) Est. Cost $107.15 Unrealized —

NFLX Netfllix Inc 0.1%

Value $331K (-36.7%) Shares 4,630 (-14.8%) Est. Cost $96.41 Unrealized —

EFV ISHARES MSCI EAFE VALUE ETF 2.9%

Value $10.07M (+1.4%) Shares 131,516 (-1.5%) Est. Cost $74.35 Unrealized —

VV Vanguard Large Cap 0.2%

Value $795K (+12.8%) Shares 2,312 (-2.0%) Est. Cost $175.74 Unrealized —

BAC Bank of America 0.2%

Value $568K (+14.3%) Shares 9,969 (-2.2%) Est. Cost $29.37 Unrealized —

V Visa Inc 0.1%

Value $353K (+5.4%) Shares 1,028 (-7.3%) Est. Cost $340.16 Unrealized —

EME Emcor Group Inc 4.8%

Value $16.82M (+0.1%) Shares 20,273 (-11.0%) Est. Cost $105.72 Unrealized —

MA Mastercard 0.2%

Value $533K (-1.8%) Shares 1,038 (-4.4%) Est. Cost $351.20 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	S&P 500 Spiders	158,695 (-5.7%)	$119M (+8.3%)	34.1%	$495.22	—	—	78462F103
DIA	Dow Diamonds - SPDR Dow Jones	58,298 (-2.0%)	$30.45M (+10.5%)	8.8%	$344.32	—	—	78467X109
VIG	Vanguard Dividend Appreciation	120,904 (-3.0%)	$28.61M (+6.8%)	8.2%	$170.32	—	—	921908844
AAPL	Apple Computer, Inc.	31,831 (-1.8%)	$9.211M (+12.0%)	2.7%	$181.12	—	—	037833100
FDX	Fed-Ex Corporation	780 (-56.2%)	$244K (-61.5%)	0.1%	$218.89	—	—	31428X106
PFE	Pfizer Inc	27,116 (-25.1%)	$653K (-35.8%)	0.2%	$28.92	—	—	717081103
AMZN	Amazon.com Inc	14,967 (-3.2%)	$3.567M (+10.7%)	1.0%	$172.13	—	—	023135106
USMV	iShares MSCI USA Minimum Vol	9,775 (-29.3%)	$943K (-26.5%)	0.3%	$93.87	—	—	46429B697
GOOG	Alphabet Inc - C Shares	5,604 (-4.1%)	$1.98M (+18.1%)	0.6%	$112.83	—	—	02079K107
EFA	MSCI EAFE Index	48,325 (-1.7%)	$5.02M (+5.1%)	1.4%	$77.07	—	—	464287465
MRK	Merck & Co Inc.	3,876 (-34.0%)	$498K (-29.6%)	0.1%	$97.72	—	—	58933Y105
CVX	Chevron Texaco Corporation	4,573 (-1.0%)	$758K (-20.7%)	0.2%	$107.15	—	—	166764100
NFLX	Netfllix Inc	4,630 (-14.8%)	$331K (-36.7%)	0.1%	$96.41	—	—	64110L106
EFV	ISHARES MSCI EAFE VALUE ETF	131,516 (-1.5%)	$10.07M (+1.4%)	2.9%	$74.35	—	—	464288877
VV	Vanguard Large Cap	2,312 (-2.0%)	$795K (+12.8%)	0.2%	$175.74	—	—	922908637
BAC	Bank of America	9,969 (-2.2%)	$568K (+14.3%)	0.2%	$29.37	—	—	060505104
V	Visa Inc	1,028 (-7.3%)	$353K (+5.4%)	0.1%	$340.16	—	—	92826C839
EME	Emcor Group Inc	20,273 (-11.0%)	$16.82M (+0.1%)	4.8%	$105.72	—	—	29084Q100
MA	Mastercard	1,038 (-4.4%)	$533K (-1.8%)	0.2%	$351.20	—	—	57636Q104

Unchanged Positions (43)

OEF iShares S&P 100 Index 3.0%

Value $10.36M Shares 28,301 Est. Cost $244.85 Unrealized —

VOO Vanguard S&P 500 ETF 2.6%

Value $8.997M Shares 13,099 Est. Cost $572.60 Unrealized —

MCD McDonald's Corp 0.8%

Value $2.702M Shares 9,996 Est. Cost $273.09 Unrealized —

GDX Market Vectors Gold Miners 0.4%

Value $1.509M Shares 20,000 Est. Cost $38.37 Unrealized —

CSL Carlisle Companies Inc 1.1%

Value $3.812M Shares 10,509 Est. Cost $132.46 Unrealized —

NVDA NVIDIA Corp 0.5%

Value $1.74M Shares 8,695 Est. Cost $127.12 Unrealized —

ABBV ABBVIE INC 0.5%

Value $1.636M Shares 6,500 Est. Cost $177.82 Unrealized —

HSY Hershey Foods Corp 0.2%

Value $773K Shares 4,403 Est. Cost $166.57 Unrealized —

— CIE Financiere Richemon 0.2%

Value $539K Shares 2,333 Est. Cost $93.97 Unrealized —

SLV iShares Silver Trust 0.1%

Value $428K Shares 8,000 Est. Cost $26.63 Unrealized —

CSCO Cisco Systems Inc 0.1%

Value $327K Shares 2,785 Est. Cost $73.79 Unrealized —

SHEL Sheldahl, Inc. 0.2%

Value $549K Shares 7,074 Est. Cost $54.96 Unrealized —

XLK Amex Technology Select Index 0.1%

Value $312K Shares 1,640 Est. Cost $198.78 Unrealized —

C Citigroup 0.1%

Value $458K Shares 3,274 Est. Cost $74.53 Unrealized —

IVW iShares S&P 500 BARA Growth Index 0.1%

Value $435K Shares 3,162 Est. Cost $92.68 Unrealized —

ABT Abbott Labs 0.1%

Value $463K Shares 5,100 Est. Cost $113.33 Unrealized —

HCA HCA Inc. 0.1%

Value $282K Shares 723 Est. Cost $205.28 Unrealized —

GS Goldman, Sachs & Co. 0.1%

Value $312K Shares 308 Est. Cost $423.71 Unrealized —

VWO Vanguard Emerging Markets 0.1%

Value $513K Shares 8,600 Est. Cost $49.48 Unrealized —

LMT Lockheed Martin 0.1%

Value $256K Shares 502 Est. Cost $318.96 Unrealized —

PM Phillip Morris International 0.1%

Value $503K Shares 2,783 Est. Cost $59.70 Unrealized —

XLF Financial Select Sector 0.2%

Value $538K Shares 10,035 Est. Cost $39.07 Unrealized —

GLD Streettracks Gold Shares 0.1%

Value $245K Shares 666 Est. Cost $355.06 Unrealized —

EHC Encompass Health Corporation 0.2%

Value $747K Shares 7,387 Est. Cost $77.85 Unrealized —

JNJ Johnson & Johnson 0.2%

Value $834K Shares 3,285 Est. Cost $150.75 Unrealized —

VNQ Vanguard REIT Index 0.1%

Value $308K Shares 3,197 Est. Cost $97.24 Unrealized —

UTZ Utz Brands, Inc. 0.2%

Value $851K Shares 110,519 Est. Cost $14.57 Unrealized —

HD Home Depot, Inc. 0.1%

Value $344K Shares 975 Est. Cost $397.26 Unrealized —

NEE NextEra Energy, Inc. 0.1%

Value $376K Shares 4,288 Est. Cost $69.01 Unrealized —

— HEINEKEN HOLDING NV 0.1%

Value $275K Shares 3,610 Est. Cost $84.32 Unrealized —

NSRGY Nestle SA ADR 0.1%

Value $363K Shares 3,532 Est. Cost $76.98 Unrealized —

BBT Berkshire Hills Bancorp Inc 0.2%

Value $795K Shares 26,101 Est. Cost $12.89 Unrealized —

PAYC Paycom Software Inc 0.1%

Value $314K Shares 2,500 Est. Cost $38.31 Unrealized —

PPL PPL Corporation 0.1%

Value $200K Shares 5,500 Est. Cost $35.69 Unrealized —

SHOP Shopify Inc 0.1%

Value $228K Shares 2,000 Est. Cost $100.02 Unrealized —

BX Blackstone Group LP 0.1%

Value $413K Shares 3,511 Est. Cost $107.20 Unrealized —

DVY Dow Jones Select Dividend Index Fund 0.1%

Value $215K Shares 1,373 Est. Cost $151.49 Unrealized —

UA Under Armour Inc - Class C 0.0%

Value $91,000 Shares 14,607 Est. Cost $5.59 Unrealized —

MLM Martin Marietta Materials 0.1%

Value $279K Shares 484 Est. Cost $464.95 Unrealized —

PG Procter & Gamble Company 0.1%

Value $213K Shares 1,451 Est. Cost $165.52 Unrealized —

APD Air Products & Chemical Inc 0.1%

Value $293K Shares 1,000 Est. Cost $304.00 Unrealized —

PEG Public Service Enterprise Group 0.1%

Value $333K Shares 4,103 Est. Cost $80.99 Unrealized —

UBER Uber Technologies 0.1%

Value $276K Shares 3,818 Est. Cost $83.03 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OEF	iShares S&P 100 Index	28,301	$10.36M	3.0%	$244.85	—	—	464287101
VOO	Vanguard S&P 500 ETF	13,099	$8.997M	2.6%	$572.60	—	—	922908363
MCD	McDonald's Corp	9,996	$2.702M	0.8%	$273.09	—	—	580135101
GDX	Market Vectors Gold Miners	20,000	$1.509M	0.4%	$38.37	—	—	92189F106
CSL	Carlisle Companies Inc	10,509	$3.812M	1.1%	$132.46	—	—	142339100
NVDA	NVIDIA Corp	8,695	$1.74M	0.5%	$127.12	—	—	67066G104
ABBV	ABBVIE INC	6,500	$1.636M	0.5%	$177.82	—	—	00287Y109
HSY	Hershey Foods Corp	4,403	$773K	0.2%	$166.57	—	—	427866108
—	CIE Financiere Richemon	2,333	$539K	0.2%	$93.97	—	—	H25662943
SLV	iShares Silver Trust	8,000	$428K	0.1%	$26.63	—	—	46428Q109
CSCO	Cisco Systems Inc	2,785	$327K	0.1%	$73.79	—	—	17275R102
SHEL	Sheldahl, Inc.	7,074	$549K	0.2%	$54.96	—	—	780259305
XLK	Amex Technology Select Index	1,640	$312K	0.1%	$198.78	—	—	81369Y803
C	Citigroup	3,274	$458K	0.1%	$74.53	—	—	172967424
IVW	iShares S&P 500 BARA Growth Index	3,162	$435K	0.1%	$92.68	—	—	464287309
ABT	Abbott Labs	5,100	$463K	0.1%	$113.33	—	—	002824100
HCA	HCA Inc.	723	$282K	0.1%	$205.28	—	—	40412C101
GS	Goldman, Sachs & Co.	308	$312K	0.1%	$423.71	—	—	38141G104
VWO	Vanguard Emerging Markets	8,600	$513K	0.1%	$49.48	—	—	922042858
LMT	Lockheed Martin	502	$256K	0.1%	$318.96	—	—	539830109
PM	Phillip Morris International	2,783	$503K	0.1%	$59.70	—	—	718172109
XLF	Financial Select Sector	10,035	$538K	0.2%	$39.07	—	—	81369Y605
GLD	Streettracks Gold Shares	666	$245K	0.1%	$355.06	—	—	78463V107
EHC	Encompass Health Corporation	7,387	$747K	0.2%	$77.85	—	—	29261A100
JNJ	Johnson & Johnson	3,285	$834K	0.2%	$150.75	—	—	478160104
VNQ	Vanguard REIT Index	3,197	$308K	0.1%	$97.24	—	—	922908553
UTZ	Utz Brands, Inc.	110,519	$851K	0.2%	$14.57	—	—	918090101
HD	Home Depot, Inc.	975	$344K	0.1%	$397.26	—	—	437076102
NEE	NextEra Energy, Inc.	4,288	$376K	0.1%	$69.01	—	—	65339F101
—	HEINEKEN HOLDING NV	3,610	$275K	0.1%	$84.32	—	—	423991959
NSRGY	Nestle SA ADR	3,532	$363K	0.1%	$76.98	—	—	641069406
BBT	Berkshire Hills Bancorp Inc	26,101	$795K	0.2%	$12.89	—	—	084680107
PAYC	Paycom Software Inc	2,500	$314K	0.1%	$38.31	—	—	70432V102
PPL	PPL Corporation	5,500	$200K	0.1%	$35.69	—	—	69351T106
SHOP	Shopify Inc	2,000	$228K	0.1%	$100.02	—	—	82509L107
BX	Blackstone Group LP	3,511	$413K	0.1%	$107.20	—	—	09260D107
DVY	Dow Jones Select Dividend Index Fund	1,373	$215K	0.1%	$151.49	—	—	464287168
UA	Under Armour Inc - Class C	14,607	$91,000	0.0%	$5.59	—	—	904311206
MLM	Martin Marietta Materials	484	$279K	0.1%	$464.95	—	—	573284106
PG	Procter & Gamble Company	1,451	$213K	0.1%	$165.52	—	—	742718109
APD	Air Products & Chemical Inc	1,000	$293K	0.1%	$304.00	—	—	009158106
PEG	Public Service Enterprise Group	4,103	$333K	0.1%	$80.99	—	—	744573106
UBER	Uber Technologies	3,818	$276K	0.1%	$83.03	—	—	90353T100