Round Hill Asset Management Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNXC	CONCENTRIX CORP	87,392 (+193.8%)	$3,634 (+164.7%)	2.3%	$44.27	-9.4%	COM	20602D101
KVUE	KENVUE INC	105,605 (+176.6%)	$1,822 (+194.0%)	1.1%	$17.63	-7.8%	COM	49177J102
NVO	NOVO-NORDISK A/S	97,660 (+29.0%)	$4,969 (+18.3%)	3.1%	$57.54	—	ADR	670100205
BMY	BRISTOL-MYERS SQUIBB CO	73,183 (+3.6%)	$3,947 (+23.9%)	2.5%	$46.13	+3.0%	COM	110122108
CMCSA	COMCAST CORP	285,336 (+11.6%)	$8,529 (+6.2%)	5.4%	$28.46	+0.3%	CL A	20030N101
BZH	BEAZER HOMES USA INC	152,752 (+6.2%)	$3,096 (-12.3%)	2.0%	$22.42	-0.8%	COM	07556Q881
KHC	KRAFT HEINZ CO	70,546 (+42.2%)	$1,711 (+32.4%)	1.1%	$25.68	-4.1%	COM	500754106

Exited Positions (2)

GRMN GARMIN LTD 2.2%

Value ($000) $3,563 Shares 14,469 Est. Cost $123.98 Unrealized +74.8%

OGN ORGANON & CO 0.1%

Value ($000) $143 Shares 13,366 Est. Cost $15.11 Unrealized -47.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GRMN	GARMIN LTD	14,469	$3,563	2.2%	$123.98	+74.8%	—	H2906T109
OGN	ORGANON & CO	13,366	$143	0.1%	$15.11	-47.8%	—	68622V106

Decreased Positions (23)

AMGN AMGEN INC 8.5%

Value ($000) $13,438 (+12.6%) Shares 41,055 (-2.9%) Est. Cost $114.37 Unrealized +176.3%

MRK MERCK & CO. INC. 4.8%

Value ($000) $7,657 (+21.2%) Shares 72,739 (-3.4%) Est. Cost $46.85 Unrealized +99.0%

WFC WELLS FARGO & CO 0.9%

Value ($000) $1,369 (-34.4%) Shares 14,690 (-41.0%) Est. Cost $40.47 Unrealized +114.1%

SPGI S&P GLOBAL INC 8.2%

Value ($000) $12,996 (+5.8%) Shares 24,868 (-1.5%) Est. Cost $109.91 Unrealized +349.7%

CHTR CHARTER COMMUNICATIONS INC 1.1%

Value ($000) $1,732 (-26.7%) Shares 8,297 (-3.4%) Est. Cost $269.71 Unrealized -16.6%

COF CAPITAL ONE FINANCIAL CORP 0.6%

Value ($000) $1,024 (-35.2%) Shares 4,225 (-43.2%) Est. Cost $185.05 Unrealized +20.1%

HRB H&R BLOCK INC 1.5%

Value ($000) $2,380 (-15.2%) Shares 54,606 (-1.6%) Est. Cost $16.00 Unrealized +190.0%

GOOGL ALPHABET INC 2.8%

Value ($000) $4,400 (+9.6%) Shares 14,056 (-14.9%) Est. Cost $166.24 Unrealized +71.8%

AAPL APPLE INC 0.3%

Value ($000) $482 (-35.6%) Shares 1,772 (-39.7%) Est. Cost $201.41 Unrealized +33.2%

WHR WHIRLPOOL CORP 0.6%

Value ($000) $896 (-17.8%) Shares 12,426 (-10.4%) Est. Cost $126.76 Unrealized -41.8%

PII POLARIS INC 1.8%

Value ($000) $2,861 (+7.3%) Shares 45,236 (-1.4%) Est. Cost $76.06 Unrealized -13.4%

ABBV ABBVIE INC 2.2%

Value ($000) $3,537 (-2.3%) Shares 15,480 (-1.0%) Est. Cost $70.50 Unrealized +222.7%

BAC BANK OF AMERICA CORP 0.2%

Value ($000) $276 (-18.7%) Shares 5,019 (-23.7%) Est. Cost $19.77 Unrealized +166.4%

GYRO GYRODYNE LLC 0.1%

Value ($000) $110 (-27.8%) Shares 12,189 (-19.7%) Est. Cost $7.94 Unrealized +21.5%

MBWM MERCANTILE BANK CORP 0.6%

Value ($000) $877 (+4.8%) Shares 18,238 (-2.0%) Est. Cost $22.06 Unrealized +107.9%

MCO MOODY'S CORP 1.0%

Value ($000) $1,609 (+2.3%) Shares 3,149 (-4.5%) Est. Cost $92.69 Unrealized +425.8%

HTB HOMETRUST BANCSHARES INC 0.7%

Value ($000) $1,099 (+3.0%) Shares 25,596 (-1.8%) Est. Cost $21.89 Unrealized +88.6%

NATR NATURES SUNSHINE PRODS INC 0.2%

Value ($000) $312 (-6.1%) Shares 14,466 (-32.5%) Est. Cost $13.63 Unrealized +34.5%

TCBK TRICO BANCSHARES 0.2%

Value ($000) $310 (+4.6%) Shares 6,544 (-1.9%) Est. Cost $31.57 Unrealized +45.3%

ATKR ATKORE INC 0.6%

Value ($000) $900 (-1.1%) Shares 14,232 (-1.9%) Est. Cost $76.25 Unrealized -15.2%

BRK/B BERKSHIRE HATHAWAY INC 0.2%

Value ($000) $360 (-2.5%) Shares 717 (-2.4%) Est. Cost $155.17 Unrealized +220.6%

CME CME GROUP INC 0.2%

Value ($000) $323 (-2.1%) Shares 1,181 (-3.1%) Est. Cost $79.74 Unrealized +239.5%

PTEN PATTERSON-UTI ENERGY INC 0.1%

Value ($000) $86 (+3.3%) Shares 14,134 (-12.4%) Est. Cost $8.39 Unrealized -28.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMGN	AMGEN INC	41,055 (-2.9%)	$13,438 (+12.6%)	8.5%	$114.37	+176.3%	COM	031162100
MRK	MERCK & CO. INC.	72,739 (-3.4%)	$7,657 (+21.2%)	4.8%	$46.85	+99.0%	COM	58933Y105
WFC	WELLS FARGO & CO	14,690 (-41.0%)	$1,369 (-34.4%)	0.9%	$40.47	+114.1%	COM	949746101
SPGI	S&P GLOBAL INC	24,868 (-1.5%)	$12,996 (+5.8%)	8.2%	$109.91	+349.7%	COM	78409V104
CHTR	CHARTER COMMUNICATIONS INC	8,297 (-3.4%)	$1,732 (-26.7%)	1.1%	$269.71	-16.6%	CL A	16119P108
COF	CAPITAL ONE FINANCIAL CORP	4,225 (-43.2%)	$1,024 (-35.2%)	0.6%	$185.05	+20.1%	COM	14040H105
HRB	H&R BLOCK INC	54,606 (-1.6%)	$2,380 (-15.2%)	1.5%	$16.00	+190.0%	COM	093671105
GOOGL	ALPHABET INC	14,056 (-14.9%)	$4,400 (+9.6%)	2.8%	$166.24	+71.8%	CL A	02079K305
AAPL	APPLE INC	1,772 (-39.7%)	$482 (-35.6%)	0.3%	$201.41	+33.2%	COM	037833100
WHR	WHIRLPOOL CORP	12,426 (-10.4%)	$896 (-17.8%)	0.6%	$126.76	-41.8%	COM	963320106
PII	POLARIS INC	45,236 (-1.4%)	$2,861 (+7.3%)	1.8%	$76.06	-13.4%	COM	731068102
ABBV	ABBVIE INC	15,480 (-1.0%)	$3,537 (-2.3%)	2.2%	$70.50	+222.7%	COM	00287Y109
BAC	BANK OF AMERICA CORP	5,019 (-23.7%)	$276 (-18.7%)	0.2%	$19.77	+166.4%	COM	060505104
GYRO	GYRODYNE LLC	12,189 (-19.7%)	$110 (-27.8%)	0.1%	$7.94	+21.5%	COM	403829104
MBWM	MERCANTILE BANK CORP	18,238 (-2.0%)	$877 (+4.8%)	0.6%	$22.06	+107.9%	COM	587376104
MCO	MOODY'S CORP	3,149 (-4.5%)	$1,609 (+2.3%)	1.0%	$92.69	+425.8%	COM	615369105
HTB	HOMETRUST BANCSHARES INC	25,596 (-1.8%)	$1,099 (+3.0%)	0.7%	$21.89	+88.6%	COM	437872104
NATR	NATURES SUNSHINE PRODS INC	14,466 (-32.5%)	$312 (-6.1%)	0.2%	$13.63	+34.5%	COM	639027101
TCBK	TRICO BANCSHARES	6,544 (-1.9%)	$310 (+4.6%)	0.2%	$31.57	+45.3%	COM	896095106
ATKR	ATKORE INC	14,232 (-1.9%)	$900 (-1.1%)	0.6%	$76.25	-15.2%	COM	047649108
BRK/B	BERKSHIRE HATHAWAY INC	717 (-2.4%)	$360 (-2.5%)	0.2%	$155.17	+220.6%	CL B	084670702
CME	CME GROUP INC	1,181 (-3.1%)	$323 (-2.1%)	0.2%	$79.74	+239.5%	CL C	12572Q105
PTEN	PATTERSON-UTI ENERGY INC	14,134 (-12.4%)	$86 (+3.3%)	0.1%	$8.39	-28.8%	COM	703481101

Unchanged Positions (31)

SYF SYNCHRONY FINANCIAL 4.0%

Value ($000) $6,318 Shares 75,733 Est. Cost $32.72 Unrealized +133.3%

NDAQ NASDAQ INC 5.4%

Value ($000) $8,585 Shares 88,387 Est. Cost $43.73 Unrealized +105.2%

C CITIGROUP INC 2.5%

Value ($000) $3,897 Shares 33,395 Est. Cost $47.21 Unrealized +119.5%

T AT&T INC 1.8%

Value ($000) $2,882 Shares 116,011 Est. Cost $15.62 Unrealized +61.9%

MHO M/I HOMES INC 1.7%

Value ($000) $2,714 Shares 21,212 Est. Cost $86.60 Unrealized +52.6%

RMNI RIMINI STREET INC 0.9%

Value ($000) $1,353 Shares 348,798 Est. Cost $2.59 Unrealized +60.3%

MSFT MICROSOFT CORP 2.0%

Value ($000) $3,189 Shares 6,594 Est. Cost $69.81 Unrealized +617.1%

PFE PFIZER INC 3.9%

Value ($000) $6,157 Shares 247,264 Est. Cost $21.72 Unrealized +15.2%

SJM JM SMUCKER CO 0.8%

Value ($000) $1,264 Shares 12,925 Est. Cost $98.03 Unrealized +4.9%

ZBH ZIMMER BIOMET HOLDINGS INC 1.0%

Value ($000) $1,515 Shares 16,849 Est. Cost $135.38 Unrealized -30.1%

FLG FLAGSTAR BANK NA 1.1%

Value ($000) $1,780 Shares 141,373 Est. Cost $9.76 Unrealized +22.4%

DLX DELUXE CORP 0.7%

Value ($000) $1,034 Shares 46,292 Est. Cost $34.75 Unrealized -43.1%

WSM WILLIAMS-SONOMA INC 0.8%

Value ($000) $1,276 Shares 7,147 Est. Cost $99.37 Unrealized +88.4%

META META PLATFORMS INC 0.5%

Value ($000) $813 Shares 1,231 Est. Cost $626.75 Unrealized +6.5%

BLFY BLUE FOUNDRY BANCORP 0.2%

Value ($000) $307 Shares 24,683 Est. Cost $8.81 Unrealized +13.3%

BUD ANHEUSER-BUSCH INBEV 0.8%

Value ($000) $1,303 Shares 20,346 Est. Cost $46.10 Unrealized —

DIS WALT DISNEY CO 5.9%

Value ($000) $9,312 Shares 81,851 Est. Cost $180.17 Unrealized -39.2%

ICE INTERCONTINENTAL EXCHANGE IN 0.8%

Value ($000) $1,327 Shares 8,192 Est. Cost $58.95 Unrealized +165.0%

SCI SERVICE CORP INTERNATIONAL 0.5%

Value ($000) $788 Shares 10,105 Est. Cost $26.66 Unrealized +200.1%

VTRS VIATRIS INC 0.1%

Value ($000) $205 Shares 16,480 Est. Cost $13.33 Unrealized -19.6%

BHC BAUSCH HEALTH COS INC 0.3%

Value ($000) $511 Shares 73,687 Est. Cost $20.79 Unrealized -68.4%

NVS NOVARTIS AG 0.3%

Value ($000) $468 Shares 3,392 Est. Cost $73.19 Unrealized —

V VISA INC 0.8%

Value ($000) $1,273 Shares 3,631 Est. Cost $192.21 Unrealized +77.1%

FSFG FIRST SAVINGS FINANCIAL GRP 1.4%

Value ($000) $2,193 Shares 68,821 Est. Cost $19.25 Unrealized +60.8%

IDCC INTERDIGITAL INC 0.2%

Value ($000) $337 Shares 1,058 Est. Cost $201.31 Unrealized +75.6%

LSBK LAKE SHORE BANCORP INC 0.1%

Value ($000) $230 Shares 15,715 Est. Cost $12.57 Unrealized +11.5%

TGNA TEGNA INC 0.3%

Value ($000) $514 Shares 26,488 Est. Cost $13.61 Unrealized +45.2%

MDT MEDTRONIC PLC 3.0%

Value ($000) $4,743 Shares 49,375 Est. Cost $63.47 Unrealized +53.1%

IOSP INNOSPEC INC 0.6%

Value ($000) $916 Shares 11,974 Est. Cost $56.82 Unrealized +32.0%

MA MASTERCARD INC 0.5%

Value ($000) $839 Shares 1,470 Est. Cost $351.61 Unrealized +59.0%

— BANKFINANCIAL CORP 0.4%

Value ($000) $688 Shares 57,356 Est. Cost $13.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SYF	SYNCHRONY FINANCIAL	75,733	$6,318	4.0%	$32.72	+133.3%	COM	87165B103
NDAQ	NASDAQ INC	88,387	$8,585	5.4%	$43.73	+105.2%	COM	631103108
C	CITIGROUP INC	33,395	$3,897	2.5%	$47.21	+119.5%	COM	172967424
T	AT&T INC	116,011	$2,882	1.8%	$15.62	+61.9%	COM	00206R102
MHO	M/I HOMES INC	21,212	$2,714	1.7%	$86.60	+52.6%	COM	55305B101
RMNI	RIMINI STREET INC	348,798	$1,353	0.9%	$2.59	+60.3%	COM	76674Q107
MSFT	MICROSOFT CORP	6,594	$3,189	2.0%	$69.81	+617.1%	COM	594918104
PFE	PFIZER INC	247,264	$6,157	3.9%	$21.72	+15.2%	COM	717081103
SJM	JM SMUCKER CO	12,925	$1,264	0.8%	$98.03	+4.9%	COM	832696405
ZBH	ZIMMER BIOMET HOLDINGS INC	16,849	$1,515	1.0%	$135.38	-30.1%	COM	98956P102
FLG	FLAGSTAR BANK NA	141,373	$1,780	1.1%	$9.76	+22.4%	COM	649445400
DLX	DELUXE CORP	46,292	$1,034	0.7%	$34.75	-43.1%	COM	248019101
WSM	WILLIAMS-SONOMA INC	7,147	$1,276	0.8%	$99.37	+88.4%	COM	969904101
META	META PLATFORMS INC	1,231	$813	0.5%	$626.75	+6.5%	CL A	30303M102
BLFY	BLUE FOUNDRY BANCORP	24,683	$307	0.2%	$8.81	+13.3%	COM	09549B104
BUD	ANHEUSER-BUSCH INBEV	20,346	$1,303	0.8%	$46.10	—	ADR	03524A108
DIS	WALT DISNEY CO	81,851	$9,312	5.9%	$180.17	-39.2%	COM	254687106
ICE	INTERCONTINENTAL EXCHANGE IN	8,192	$1,327	0.8%	$58.95	+165.0%	COM	45866F104
SCI	SERVICE CORP INTERNATIONAL	10,105	$788	0.5%	$26.66	+200.1%	COM	817565104
VTRS	VIATRIS INC	16,480	$205	0.1%	$13.33	-19.6%	COM	92556V106
BHC	BAUSCH HEALTH COS INC	73,687	$511	0.3%	$20.79	-68.4%	COM	071734107
NVS	NOVARTIS AG	3,392	$468	0.3%	$73.19	—	ADR	66987V109
V	VISA INC	3,631	$1,273	0.8%	$192.21	+77.1%	COM	92826C839
FSFG	FIRST SAVINGS FINANCIAL GRP	68,821	$2,193	1.4%	$19.25	+60.8%	COM	33621E109
IDCC	INTERDIGITAL INC	1,058	$337	0.2%	$201.31	+75.6%	COM	45867G101
LSBK	LAKE SHORE BANCORP INC	15,715	$230	0.1%	$12.57	+11.5%	COM	510704109
TGNA	TEGNA INC	26,488	$514	0.3%	$13.61	+45.2%	COM	87901J105
MDT	MEDTRONIC PLC	49,375	$4,743	3.0%	$63.47	+53.1%	COM	G5960L103
IOSP	INNOSPEC INC	11,974	$916	0.6%	$56.82	+32.0%	COM	45768S105
MA	MASTERCARD INC	1,470	$839	0.5%	$351.61	+59.0%	CL A	57636Q104
—	BANKFINANCIAL CORP	57,356	$688	0.4%	$13.70	—	COM	06643P104