PHYSICIANS FINANCIAL SERVICES, INC. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	Eli Lilly	4,098 (+2.6%)	$4 (+44.4%)	1.2%	$342.46	+179.0%	COM	532457108
NFLX	NETFLIX INC	9,670 (+869.9%)	$1 (-24.1%)	0.2%	$107.13	+0.6%	COM	64110L106
PLTR	Palantir Technologies	5,782 (+7.4%)	$1 (+4.7%)	0.3%	$70.47	+156.9%	CL A	69608A108
TSLA	Tesla Inc.	2,221 (+3.5%)	$1 (+4.7%)	0.3%	$222.30	+99.4%	COM	88160R101
XOM	Exxon Mobil Corp	2,097 (+5.6%)	$0 (+12.5%)	0.1%	$110.42	+4.6%	COM	30231G102
BA	Boeing	3,375 (+1.5%)	$1 (+2.1%)	0.2%	$183.20	+12.3%	COM	097023105

Exited Positions (2)

HON Honeywell International 0.1%

Value ($000) $0 Shares 1,025 Est. Cost $116.57 Unrealized +67.3%

ZBH Zimmer Biomet Holdings Inc 0.1%

Value ($000) $0 Shares 2,129 Est. Cost $98.59 Unrealized -4.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HON	Honeywell International	1,025	$0	0.1%	$116.57	+67.3%	—	438516106
ZBH	Zimmer Biomet Holdings Inc	2,129	$0	0.1%	$98.59	-4.1%	—	98956P102

Decreased Positions (59)

GOOGL Alphabet Cl A 6.5%

Value ($000) $24 (+26.2%) Shares 76,846 (-2.0%) Est. Cost $109.68 Unrealized +160.4%

AAPL Apple Computer 15.4%

Value ($000) $57 (+4.8%) Shares 210,839 (-1.8%) Est. Cost $97.47 Unrealized +175.3%

MSFT Microsoft 5.4%

Value ($000) $20 (-8.0%) Shares 41,285 (-1.5%) Est. Cost $95.32 Unrealized +425.2%

CAT Caterpillar 2.9%

Value ($000) $11 (+17.9%) Shares 18,949 (-1.8%) Est. Cost $112.42 Unrealized +394.1%

WMT Wal-Mart Stores Inc. 4.7%

Value ($000) $18 (+6.7%) Shares 157,303 (-1.3%) Est. Cost $45.36 Unrealized +136.3%

NVDA Nvidia Corp. 6.7%

Value ($000) $25 (-3.9%) Shares 134,672 (-3.8%) Est. Cost $93.77 Unrealized +98.5%

CMI Cummins Inc. 1.7%

Value ($000) $6 (+17.9%) Shares 12,217 (-2.5%) Est. Cost $123.64 Unrealized +277.2%

HD Home Depot Inc. 1.1%

Value ($000) $4 (-16.5%) Shares 11,773 (-1.7%) Est. Cost $155.64 Unrealized +134.3%

COST Costco Wholesale 1.5%

Value ($000) $6 (-8.1%) Shares 6,572 (-1.4%) Est. Cost $374.80 Unrealized +141.7%

ETN Eaton Corp PLC 0.5%

Value ($000) $2 (-17.7%) Shares 6,363 (-3.3%) Est. Cost $301.91 Unrealized +17.4%

CVX Chevron Corp. 1.5%

Value ($000) $6 (-5.7%) Shares 37,783 (-4.0%) Est. Cost $79.93 Unrealized +89.4%

DUK Duke Energy Corp New 1.1%

Value ($000) $4 (-7.6%) Shares 35,047 (-2.4%) Est. Cost $81.28 Unrealized +49.6%

PG Procter & Gamble 0.9%

Value ($000) $3 (-8.2%) Shares 24,355 (-1.5%) Est. Cost $68.43 Unrealized +115.1%

NKE Nike Inc. 0.2%

Value ($000) $1 (-20.2%) Shares 13,953 (-12.7%) Est. Cost $67.46 Unrealized -3.8%

MRK Merck 0.3%

Value ($000) $1 (+23.7%) Shares 10,860 (-1.4%) Est. Cost $47.38 Unrealized +96.8%

ADBE Adobe Systems Inc. 0.7%

Value ($000) $3 (-7.5%) Shares 7,236 (-6.8%) Est. Cost $246.50 Unrealized +38.0%

CMG Chipotle Mexican Grill Inc 0.1%

Value ($000) $0 (-30.0%) Shares 12,445 (-25.8%) Est. Cost $55.16 Unrealized -34.4%

UBER UBER TECHNOLOGIES INC 0.2%

Value ($000) $1 (-18.1%) Shares 10,661 (-1.8%) Est. Cost $76.08 Unrealized +18.4%

HSY Hershey 0.5%

Value ($000) $2 (-8.9%) Shares 9,908 (-6.4%) Est. Cost $90.20 Unrealized +101.9%

RTX RTX Corporation 0.7%

Value ($000) $3 (+6.8%) Shares 14,024 (-2.6%) Est. Cost $111.08 Unrealized +56.0%

MAR Marriott Intl 0.3%

Value ($000) $1 (+16.6%) Shares 3,575 (-2.1%) Est. Cost $150.75 Unrealized +89.3%

LMT Lockheed Martin Corp. 1.0%

Value ($000) $4 (-4.2%) Shares 7,415 (-1.1%) Est. Cost $251.19 Unrealized +89.6%

NUE Nucor Corp 0.3%

Value ($000) $1 (+16.8%) Shares 6,575 (-3.0%) Est. Cost $96.60 Unrealized +55.1%

TXN Texas Instruments Inc 0.3%

Value ($000) $1 (-11.6%) Shares 6,599 (-6.4%) Est. Cost $60.83 Unrealized +180.6%

VZ Verizon Communications Inc. 0.2%

Value ($000) $1 (-16.3%) Shares 15,255 (-9.6%) Est. Cost $32.23 Unrealized +25.6%

ITW Illinois Tool Works 0.4%

Value ($000) $2 (-7.0%) Shares 6,352 (-1.5%) Est. Cost $131.05 Unrealized +88.9%

FCNCA First Citizens Bank 0.3%

Value ($000) $1 (+11.3%) Shares 510 (-7.3%) Est. Cost $737.70 Unrealized +155.3%

CLX Clorox 0.1%

Value ($000) $0 (-21.6%) Shares 3,634 (-4.1%) Est. Cost $149.04 Unrealized -27.4%

GIS General Mills Inc. 0.1%

Value ($000) $0 (-30.5%) Shares 4,897 (-24.6%) Est. Cost $43.25 Unrealized +9.7%

NVS Novartis AG 0.5%

Value ($000) $2 (+6.2%) Shares 12,284 (-1.2%) Est. Cost $83.25 Unrealized —

BMY Bristol-Meyers Squibb 0.2%

Value ($000) $1 (+16.5%) Shares 12,567 (-2.6%) Est. Cost $45.69 Unrealized +4.0%

MA Mastercard Inc Cl A 2.8%

Value ($000) $10 (-0.9%) Shares 18,008 (-1.2%) Est. Cost $135.55 Unrealized +312.3%

TFC Truist Financial Corp 0.5%

Value ($000) $2 (+5.6%) Shares 34,315 (-2.0%) Est. Cost $40.66 Unrealized +12.7%

TM Toyota 0.3%

Value ($000) $1 (+9.6%) Shares 4,697 (-2.1%) Est. Cost $90.49 Unrealized —

ABBV AbbVie 0.7%

Value ($000) $3 (-3.1%) Shares 11,850 (-1.9%) Est. Cost $88.81 Unrealized +156.2%

MKC McCormick & Co. 0.1%

Value ($000) $0 (-19.4%) Shares 5,299 (-20.9%) Est. Cost $60.66 Unrealized +8.7%

IBM International Business Machines 0.8%

Value ($000) $3 (+2.9%) Shares 10,087 (-2.0%) Est. Cost $90.90 Unrealized +228.7%

AMAT Applied Matls Inc 0.2%

Value ($000) $1 (+13.3%) Shares 2,758 (-9.8%) Est. Cost $81.94 Unrealized +192.3%

PANW Palto Alto Networks Inc 0.1%

Value ($000) $0 (-16.5%) Shares 2,171 (-7.7%) Est. Cost $174.91 Unrealized +15.3%

AVGO Broadcom, Inc. 1.4%

Value ($000) $5 (+1.4%) Shares 15,615 (-3.3%) Est. Cost $148.63 Unrealized +140.2%

SHW Sherwin Williams 0.2%

Value ($000) $1 (-7.8%) Shares 2,090 (-1.4%) Est. Cost $241.23 Unrealized +38.5%

TROW T. Rowe Price Group 0.2%

Value ($000) $1 (-6.5%) Shares 7,821 (-6.3%) Est. Cost $62.24 Unrealized +64.2%

NOC Northrop Grumman 0.1%

Value ($000) $0 (-10.1%) Shares 840 (-4.0%) Est. Cost $203.95 Unrealized +183.8%

GEV GE VERNOVA INC 0.4%

Value ($000) $1 (+3.9%) Shares 2,166 (-2.3%) Est. Cost $387.11 Unrealized +57.3%

DE Deere & Co. 0.6%

Value ($000) $2 (-2.1%) Shares 4,964 (-3.9%) Est. Cost $107.61 Unrealized +334.6%

UNP Union Pacific Corp. 0.4%

Value ($000) $1 (-3.4%) Shares 5,694 (-1.3%) Est. Cost $95.07 Unrealized +139.1%

BAC BankAmerica Corp 0.3%

Value ($000) $1 (+3.5%) Shares 22,994 (-3.0%) Est. Cost $26.34 Unrealized +99.9%

BDX Becton Dickinson 0.1%

Value ($000) $0 (-14.4%) Shares 1,250 (-17.8%) Est. Cost $217.25 Unrealized -12.7%

QCOM Qualcomm, Inc. 0.8%

Value ($000) $3 (+1.3%) Shares 16,465 (-1.5%) Est. Cost $75.88 Unrealized +125.1%

PEP Pepsi Co 0.8%

Value ($000) $3 (-1.1%) Shares 20,407 (-3.2%) Est. Cost $91.11 Unrealized +60.1%

— Unilever PLC 0.2%

Value ($000) $1 (-4.2%) Shares 8,828 (-13.0%) Est. Cost $49.35 Unrealized —

JPM JP Morgan Chase & Co 0.7%

Value ($000) $3 (+1.0%) Shares 7,777 (-1.1%) Est. Cost $112.23 Unrealized +175.8%

INTU INTUIT 0.1%

Value ($000) $0 (-9.0%) Shares 381 (-6.2%) Est. Cost $611.70 Unrealized +8.0%

NSC Norfolk Southern 0.1%

Value ($000) $0 (-9.7%) Shares 775 (-6.1%) Est. Cost $233.06 Unrealized +23.8%

PFE Pfizer Incorporated 0.1%

Value ($000) $0 (-4.5%) Shares 13,575 (-2.2%) Est. Cost $28.37 Unrealized -11.7%

TGT Target Corp. 0.3%

Value ($000) $1 (-1.5%) Shares 9,978 (-9.6%) Est. Cost $66.47 Unrealized +37.9%

SCHW SCHWAB CHARLES CORP 0.1%

Value ($000) $0 (-4.7%) Shares 3,050 (-9.0%) Est. Cost $78.32 Unrealized +21.0%

COP ConocoPhillips 0.1%

Value ($000) $0 (-4.1%) Shares 2,982 (-3.2%) Est. Cost $86.04 Unrealized +4.6%

MMM 3M Co 0.6%

Value ($000) $2 (-0.2%) Shares 14,297 (-3.3%) Est. Cost $107.67 Unrealized +51.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet Cl A	76,846 (-2.0%)	$24 (+26.2%)	6.5%	$109.68	+160.4%	CAP STK CL A	02079K305
AAPL	Apple Computer	210,839 (-1.8%)	$57 (+4.8%)	15.4%	$97.47	+175.3%	COM	037833100
MSFT	Microsoft	41,285 (-1.5%)	$20 (-8.0%)	5.4%	$95.32	+425.2%	COM	594918104
CAT	Caterpillar	18,949 (-1.8%)	$11 (+17.9%)	2.9%	$112.42	+394.1%	COM	149123101
WMT	Wal-Mart Stores Inc.	157,303 (-1.3%)	$18 (+6.7%)	4.7%	$45.36	+136.3%	COM	931142103
NVDA	Nvidia Corp.	134,672 (-3.8%)	$25 (-3.9%)	6.7%	$93.77	+98.5%	COM	67066G104
CMI	Cummins Inc.	12,217 (-2.5%)	$6 (+17.9%)	1.7%	$123.64	+277.2%	COM	231021106
HD	Home Depot Inc.	11,773 (-1.7%)	$4 (-16.5%)	1.1%	$155.64	+134.3%	COM	437076102
COST	Costco Wholesale	6,572 (-1.4%)	$6 (-8.1%)	1.5%	$374.80	+141.7%	COM	22160K105
ETN	Eaton Corp PLC	6,363 (-3.3%)	$2 (-17.7%)	0.5%	$301.91	+17.4%	SHS	G29183103
CVX	Chevron Corp.	37,783 (-4.0%)	$6 (-5.7%)	1.5%	$79.93	+89.4%	COM	166764100
DUK	Duke Energy Corp New	35,047 (-2.4%)	$4 (-7.6%)	1.1%	$81.28	+49.6%	COM NEW	26441C204
PG	Procter & Gamble	24,355 (-1.5%)	$3 (-8.2%)	0.9%	$68.43	+115.1%	COM	742718109
NKE	Nike Inc.	13,953 (-12.7%)	$1 (-20.2%)	0.2%	$67.46	-3.8%	CL B	654106103
MRK	Merck	10,860 (-1.4%)	$1 (+23.7%)	0.3%	$47.38	+96.8%	COM	58933Y105
ADBE	Adobe Systems Inc.	7,236 (-6.8%)	$3 (-7.5%)	0.7%	$246.50	+38.0%	COM	00724F101
CMG	Chipotle Mexican Grill Inc	12,445 (-25.8%)	$0 (-30.0%)	0.1%	$55.16	-34.4%	COM	169656105
UBER	UBER TECHNOLOGIES INC	10,661 (-1.8%)	$1 (-18.1%)	0.2%	$76.08	+18.4%	COM	90353T100
HSY	Hershey	9,908 (-6.4%)	$2 (-8.9%)	0.5%	$90.20	+101.9%	COM	427866108
RTX	RTX Corporation	14,024 (-2.6%)	$3 (+6.8%)	0.7%	$111.08	+56.0%	COM	75513E101
MAR	Marriott Intl	3,575 (-2.1%)	$1 (+16.6%)	0.3%	$150.75	+89.3%	CL A	571903202
LMT	Lockheed Martin Corp.	7,415 (-1.1%)	$4 (-4.2%)	1.0%	$251.19	+89.6%	COM	539830109
NUE	Nucor Corp	6,575 (-3.0%)	$1 (+16.8%)	0.3%	$96.60	+55.1%	COM	670346105
TXN	Texas Instruments Inc	6,599 (-6.4%)	$1 (-11.6%)	0.3%	$60.83	+180.6%	COM	882508104
VZ	Verizon Communications Inc.	15,255 (-9.6%)	$1 (-16.3%)	0.2%	$32.23	+25.6%	COM	92343V104
ITW	Illinois Tool Works	6,352 (-1.5%)	$2 (-7.0%)	0.4%	$131.05	+88.9%	COM	452308109
FCNCA	First Citizens Bank	510 (-7.3%)	$1 (+11.3%)	0.3%	$737.70	+155.3%	CL A	31946M103
CLX	Clorox	3,634 (-4.1%)	$0 (-21.6%)	0.1%	$149.04	-27.4%	COM	189054109
GIS	General Mills Inc.	4,897 (-24.6%)	$0 (-30.5%)	0.1%	$43.25	+9.7%	COM	370334104
NVS	Novartis AG	12,284 (-1.2%)	$2 (+6.2%)	0.5%	$83.25	—	SPONSORED ADR	66987V109
BMY	Bristol-Meyers Squibb	12,567 (-2.6%)	$1 (+16.5%)	0.2%	$45.69	+4.0%	COM	110122108
MA	Mastercard Inc Cl A	18,008 (-1.2%)	$10 (-0.9%)	2.8%	$135.55	+312.3%	CL A	57636Q104
TFC	Truist Financial Corp	34,315 (-2.0%)	$2 (+5.6%)	0.5%	$40.66	+12.7%	COM	89832Q109
TM	Toyota	4,697 (-2.1%)	$1 (+9.6%)	0.3%	$90.49	—	SP ADR REP2COM	892331307
ABBV	AbbVie	11,850 (-1.9%)	$3 (-3.1%)	0.7%	$88.81	+156.2%	COM	00287Y109
MKC	McCormick & Co.	5,299 (-20.9%)	$0 (-19.4%)	0.1%	$60.66	+8.7%	COM NON VTG	579780206
IBM	International Business Machines	10,087 (-2.0%)	$3 (+2.9%)	0.8%	$90.90	+228.7%	COM	459200101
AMAT	Applied Matls Inc	2,758 (-9.8%)	$1 (+13.3%)	0.2%	$81.94	+192.3%	COM	038222105
PANW	Palto Alto Networks Inc	2,171 (-7.7%)	$0 (-16.5%)	0.1%	$174.91	+15.3%	COM	697435105
AVGO	Broadcom, Inc.	15,615 (-3.3%)	$5 (+1.4%)	1.4%	$148.63	+140.2%	COM	11135F101
SHW	Sherwin Williams	2,090 (-1.4%)	$1 (-7.8%)	0.2%	$241.23	+38.5%	COM	824348106
TROW	T. Rowe Price Group	7,821 (-6.3%)	$1 (-6.5%)	0.2%	$62.24	+64.2%	COM	74144T108
NOC	Northrop Grumman	840 (-4.0%)	$0 (-10.1%)	0.1%	$203.95	+183.8%	COM	666807102
GEV	GE VERNOVA INC	2,166 (-2.3%)	$1 (+3.9%)	0.4%	$387.11	+57.3%	COM	36828A101
DE	Deere & Co.	4,964 (-3.9%)	$2 (-2.1%)	0.6%	$107.61	+334.6%	COM	244199105
UNP	Union Pacific Corp.	5,694 (-1.3%)	$1 (-3.4%)	0.4%	$95.07	+139.1%	COM	907818108
BAC	BankAmerica Corp	22,994 (-3.0%)	$1 (+3.5%)	0.3%	$26.34	+99.9%	COM	060505104
BDX	Becton Dickinson	1,250 (-17.8%)	$0 (-14.4%)	0.1%	$217.25	-12.7%	COM	075887109
QCOM	Qualcomm, Inc.	16,465 (-1.5%)	$3 (+1.3%)	0.8%	$75.88	+125.1%	COM	747525103
PEP	Pepsi Co	20,407 (-3.2%)	$3 (-1.1%)	0.8%	$91.11	+60.1%	COM	713448108
—	Unilever PLC	8,828 (-13.0%)	$1 (-4.2%)	0.2%	$49.35	—	SPON ADR NEW	904767704
JPM	JP Morgan Chase & Co	7,777 (-1.1%)	$3 (+1.0%)	0.7%	$112.23	+175.8%	COM	46625H100
INTU	INTUIT	381 (-6.2%)	$0 (-9.0%)	0.1%	$611.70	+8.0%	COM	461202103
NSC	Norfolk Southern	775 (-6.1%)	$0 (-9.7%)	0.1%	$233.06	+23.8%	COM	655844108
PFE	Pfizer Incorporated	13,575 (-2.2%)	$0 (-4.5%)	0.1%	$28.37	-11.7%	COM	717081103
TGT	Target Corp.	9,978 (-9.6%)	$1 (-1.5%)	0.3%	$66.47	+37.9%	COM	87612E106
SCHW	SCHWAB CHARLES CORP	3,050 (-9.0%)	$0 (-4.7%)	0.1%	$78.32	+21.0%	COM	808513105
COP	ConocoPhillips	2,982 (-3.2%)	$0 (-4.1%)	0.1%	$86.04	+4.6%	COM	20825C104
MMM	3M Co	14,297 (-3.3%)	$2 (-0.2%)	0.6%	$107.67	+51.6%	COM	88579Y101

Unchanged Positions (41)

ORCL Oracle Systems 1.2%

Value ($000) $5 Shares 23,893 Est. Cost $37.82 Unrealized +529.4%

META Meta Platforms A 2.3%

Value ($000) $9 Shares 13,051 Est. Cost $302.94 Unrealized +120.3%

AMZN Amazon.com 6.1%

Value ($000) $23 Shares 98,963 Est. Cost $131.36 Unrealized +74.2%

ADP Auto Data Processing 1.6%

Value ($000) $6 Shares 22,508 Est. Cost $302.36 Unrealized -12.4%

AMGN Amgen 1.5%

Value ($000) $6 Shares 17,092 Est. Cost $154.04 Unrealized +105.1%

PH Parker Hannifin 1.4%

Value ($000) $5 Shares 5,835 Est. Cost $100.27 Unrealized +715.5%

GOOG Alphabet Cl C 0.7%

Value ($000) $2 Shares 7,760 Est. Cost $111.94 Unrealized +155.8%

JNJ Johnson & Johnson 1.3%

Value ($000) $5 Shares 23,479 Est. Cost $96.03 Unrealized +105.2%

AMD Advanced Micro Devices 0.5%

Value ($000) $2 Shares 7,883 Est. Cost $85.27 Unrealized +163.4%

FDX FedEx Corp 0.5%

Value ($000) $2 Shares 6,034 Est. Cost $156.16 Unrealized +67.5%

LOW Lowes 1.5%

Value ($000) $5 Shares 22,599 Est. Cost $76.17 Unrealized +214.9%

CSCO Cisco Systems 0.7%

Value ($000) $2 Shares 32,101 Est. Cost $25.27 Unrealized +192.0%

LRCX LAM Research 0.3%

Value ($000) $1 Shares 6,730 Est. Cost $74.98 Unrealized +107.2%

KO Coca-Cola 1.1%

Value ($000) $4 Shares 60,586 Est. Cost $33.06 Unrealized +109.9%

AXP American Express 0.4%

Value ($000) $1 Shares 3,815 Est. Cost $174.64 Unrealized +104.4%

VEEV Veeva SyS Inc 0.1%

Value ($000) $0 Shares 1,890 Est. Cost $199.58 Unrealized +33.0%

V Visa Inc 1.6%

Value ($000) $6 Shares 16,918 Est. Cost $101.05 Unrealized +236.9%

REGN Regeneron Pharms Inc 0.1%

Value ($000) $0 Shares 400 Est. Cost $616.24 Unrealized +10.1%

DAL Delta Air Lines Inc DEL 0.1%

Value ($000) $0 Shares 5,100 Est. Cost $48.81 Unrealized +27.9%

PAYX Paychex, Inc. 0.1%

Value ($000) $0 Shares 3,702 Est. Cost $54.97 Unrealized +112.0%

GNRC Generac 0.1%

Value ($000) $0 Shares 1,500 Est. Cost $122.00 Unrealized +32.3%

ABT Abbott Labs 0.2%

Value ($000) $1 Shares 5,240 Est. Cost $55.90 Unrealized +127.7%

LH Labcorp Holdings 0.1%

Value ($000) $0 Shares 1,202 Est. Cost $226.47 Unrealized +17.1%

SYK Stryker Corp 0.2%

Value ($000) $1 Shares 2,371 Est. Cost $167.15 Unrealized +117.4%

EQIX Equinix Inc 0.4%

Value ($000) $2 Shares 1,971 Est. Cost $505.29 Unrealized +54.6%

RY Royal Bank of Canada 0.1%

Value ($000) $0 Shares 1,379 Est. Cost $137.85 Unrealized +11.4%

BRK/B Berkshire Hathaway Inc-B 1.2%

Value ($000) $5 Shares 9,040 Est. Cost $205.84 Unrealized +141.7%

GPC Genuine Parts 0.1%

Value ($000) $0 Shares 1,920 Est. Cost $75.12 Unrealized +71.3%

CHKP CHECK POINT SOFTWARE TECH LT 0.1%

Value ($000) $0 Shares 1,290 Est. Cost $211.17 Unrealized -8.4%

PM Philip Morris Intl Inc 0.3%

Value ($000) $1 Shares 7,991 Est. Cost $70.10 Unrealized +119.1%

MCD McDonalds 1.6%

Value ($000) $6 Shares 20,088 Est. Cost $115.28 Unrealized +164.6%

PKG Packaging Corp Amer 0.1%

Value ($000) $0 Shares 1,150 Est. Cost $174.41 Unrealized +16.0%

CHD Church & Dwight 0.1%

Value ($000) $0 Shares 3,553 Est. Cost $48.32 Unrealized +76.5%

AFL AFLAC, Inc. 0.2%

Value ($000) $1 Shares 6,586 Est. Cost $33.80 Unrealized +224.9%

GE GE Aerospace 0.1%

Value ($000) $0 Shares 1,420 Est. Cost $127.66 Unrealized +135.6%

TEL TE Connectivity PLC 0.1%

Value ($000) $0 Shares 1,102 Est. Cost $200.01 Unrealized +15.6%

VGT Vanguard Information Tech ETF 0.2%

Value ($000) $1 Shares 1,135 Est. Cost $200.72 Unrealized —

EMR Emerson Electric Company 0.2%

Value ($000) $1 Shares 4,609 Est. Cost $50.12 Unrealized +164.1%

SBUX Starbucks Corp. 0.2%

Value ($000) $1 Shares 7,619 Est. Cost $59.81 Unrealized +40.5%

APA APA Corporation 0.1%

Value ($000) $0 Shares 20,000 Est. Cost $28.82 Unrealized -16.3%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $1 Shares 1 Est. Cost $729330.75 Unrealized +2.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	Oracle Systems	23,893	$5	1.2%	$37.82	+529.4%	COM	68389X105
META	Meta Platforms A	13,051	$9	2.3%	$302.94	+120.3%	CL A	30303M102
AMZN	Amazon.com	98,963	$23	6.1%	$131.36	+74.2%	COM	023135106
ADP	Auto Data Processing	22,508	$6	1.6%	$302.36	-12.4%	COM	053015103
AMGN	Amgen	17,092	$6	1.5%	$154.04	+105.1%	COM	031162100
PH	Parker Hannifin	5,835	$5	1.4%	$100.27	+715.5%	COM	701094104
GOOG	Alphabet Cl C	7,760	$2	0.7%	$111.94	+155.8%	CAP STK CL C	02079K107
JNJ	Johnson & Johnson	23,479	$5	1.3%	$96.03	+105.2%	COM	478160104
AMD	Advanced Micro Devices	7,883	$2	0.5%	$85.27	+163.4%	COM	007903107
FDX	FedEx Corp	6,034	$2	0.5%	$156.16	+67.5%	COM	31428X106
LOW	Lowes	22,599	$5	1.5%	$76.17	+214.9%	COM	548661107
CSCO	Cisco Systems	32,101	$2	0.7%	$25.27	+192.0%	COM	17275R102
LRCX	LAM Research	6,730	$1	0.3%	$74.98	+107.2%	COM NEW	512807306
KO	Coca-Cola	60,586	$4	1.1%	$33.06	+109.9%	COM	191216100
AXP	American Express	3,815	$1	0.4%	$174.64	+104.4%	COM	025816109
VEEV	Veeva SyS Inc	1,890	$0	0.1%	$199.58	+33.0%	CL A COM	922475108
V	Visa Inc	16,918	$6	1.6%	$101.05	+236.9%	COM CL A	92826C839
REGN	Regeneron Pharms Inc	400	$0	0.1%	$616.24	+10.1%	COM	75886F107
DAL	Delta Air Lines Inc DEL	5,100	$0	0.1%	$48.81	+27.9%	COM NEW	247361702
PAYX	Paychex, Inc.	3,702	$0	0.1%	$54.97	+112.0%	COM	704326107
GNRC	Generac	1,500	$0	0.1%	$122.00	+32.3%	COM	368736104
ABT	Abbott Labs	5,240	$1	0.2%	$55.90	+127.7%	COM	002824100
LH	Labcorp Holdings	1,202	$0	0.1%	$226.47	+17.1%	COM SHS	504922105
SYK	Stryker Corp	2,371	$1	0.2%	$167.15	+117.4%	COM	863667101
EQIX	Equinix Inc	1,971	$2	0.4%	$505.29	+54.6%	COM	29444U700
RY	Royal Bank of Canada	1,379	$0	0.1%	$137.85	+11.4%	COM	780087102
BRK/B	Berkshire Hathaway Inc-B	9,040	$5	1.2%	$205.84	+141.7%	CL B NEW	084670702
GPC	Genuine Parts	1,920	$0	0.1%	$75.12	+71.3%	COM	372460105
CHKP	CHECK POINT SOFTWARE TECH LT	1,290	$0	0.1%	$211.17	-8.4%	ORD	M22465104
PM	Philip Morris Intl Inc	7,991	$1	0.3%	$70.10	+119.1%	COM	718172109
MCD	McDonalds	20,088	$6	1.6%	$115.28	+164.6%	COM	580135101
PKG	Packaging Corp Amer	1,150	$0	0.1%	$174.41	+16.0%	COM	695156109
CHD	Church & Dwight	3,553	$0	0.1%	$48.32	+76.5%	COM	171340102
AFL	AFLAC, Inc.	6,586	$1	0.2%	$33.80	+224.9%	COM	001055102
GE	GE Aerospace	1,420	$0	0.1%	$127.66	+135.6%	COM NEW	369604301
TEL	TE Connectivity PLC	1,102	$0	0.1%	$200.01	+15.6%	ORD SHS	G87052109
VGT	Vanguard Information Tech ETF	1,135	$1	0.2%	$200.72	—	INF TECH ETF	92204A702
EMR	Emerson Electric Company	4,609	$1	0.2%	$50.12	+164.1%	COM	291011104
SBUX	Starbucks Corp.	7,619	$1	0.2%	$59.81	+40.5%	COM	855244109
APA	APA Corporation	20,000	$0	0.1%	$28.82	-16.3%	COM	03743Q108
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$1	0.2%	$729330.75	+2.3%	CL A	084670108