Greenline Partners, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	43,700	$2,859	0.3%	$63.23	0.0%	ACT	F92124100
NVO	NOVO-NORDISK A S ADR	39,476	$2,009	0.2%	$50.88	—	ADR	670100205
KMX	CARMAX INC	42,478	$1,641	0.2%	$39.99	0.0%	COM	143130102
ENFR	ALPS ETF TR	43,866	$1,380	0.2%	$31.45	—	ALERIAN ENERGY	00162Q676
GOOGL	ALPHABET INC CAP STK	2,200	$689	0.1%	$285.60	0.0%	CL A	02079K305
ETH	GRAYSCALE ETHEREUM MINI TR E	13,313	$374	0.0%	$28.06	—	SHS NEW	38964R203
PEP	PEPSICO INC	1,887	$271	0.0%	$145.91	0.0%	COM	713448108
ISRG	INTUITIVE SURGICAL INC	410	$232	0.0%	$532.37	0.0%	COM NEW	46120E602
XONE	BONDBLOXX ETF TRUST	4,645	$230	0.0%	$49.53	—	BLOOMBERG ONE YR	09789C861
ABT	ABBOTT LABS	1,608	$201	0.0%	$127.30	0.0%	COM	002824100
QS	QUANTUMSCAPE CORP	10,000	$104	0.0%	$13.79	0.0%	COM CL A	74767V109

Increased Positions (46)

VXUS VANGUARD STAR FDS 5.7%

Value ($000) $49,794 (+19.8%) Shares 660,050 (+16.7%) Est. Cost $61.07 Unrealized —

VDE VANGUARD WORLD FD 2.3%

Value ($000) $19,760 (+46.5%) Shares 156,927 (+46.5%) Est. Cost $117.20 Unrealized —

VOO VANGUARD INDEX FDS 2.1%

Value ($000) $18,382 (+46.9%) Shares 29,311 (+43.4%) Est. Cost $582.55 Unrealized —

VALE VALE S A SPONSORED ADS 1.0%

Value ($000) $8,615 (+136.0%) Shares 661,200 (+96.7%) Est. Cost $12.90 Unrealized —

AVDV AMERICAN CENTY ETF TR 4.3%

Value ($000) $37,896 (+14.8%) Shares 403,281 (+8.7%) Est. Cost $72.11 Unrealized —

RIO RIO TINTO PLC SPONSORED ADR 1.3%

Value ($000) $11,563 (+70.0%) Shares 144,484 (+40.2%) Est. Cost $65.18 Unrealized —

AVUV AMERICAN CENTY ETF TR 3.7%

Value ($000) $32,446 (+12.1%) Shares 318,160 (+9.4%) Est. Cost $91.02 Unrealized —

CB CHUBB LIMITED 1.0%

Value ($000) $8,353 (+52.8%) Shares 26,762 (+38.2%) Est. Cost $283.86 Unrealized +3.0%

OXY OCCIDENTAL PETE CORP 0.4%

Value ($000) $3,187 (+764.1%) Shares 77,499 (+892.9%) Est. Cost $40.49 Unrealized +2.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 3.9%

Value ($000) $34,383 (+7.3%) Shares 68,404 (+7.3%) Est. Cost $318.40 Unrealized +56.3%

EOG EOG RESOURCES INC 0.4%

Value ($000) $3,321 (+178.3%) Shares 31,623 (+197.1%) Est. Cost $99.04 Unrealized +8.3%

FCX FREEPORT-MCMORAN INC 0.8%

Value ($000) $6,640 (+42.1%) Shares 130,736 (+9.8%) Est. Cost $34.30 Unrealized +26.3%

BHP BHP GROUP LTD SPONSORED ADS 0.9%

Value ($000) $7,443 (+33.2%) Shares 123,288 (+23.1%) Est. Cost $52.47 Unrealized —

XOM EXXON MOBIL CORP 0.5%

Value ($000) $4,127 (+80.1%) Shares 34,296 (+68.7%) Est. Cost $100.75 Unrealized +14.6%

MKL MARKEL GROUP INC 0.9%

Value ($000) $8,014 (+14.7%) Shares 3,728 (+2.0%) Est. Cost $1591.13 Unrealized +27.3%

AMZN AMAZON COM INC 1.2%

Value ($000) $10,536 (+8.2%) Shares 45,648 (+3.0%) Est. Cost $168.12 Unrealized +36.1%

WRB BERKLEY W R CORP 0.4%

Value ($000) $3,810 (+26.0%) Shares 54,332 (+37.7%) Est. Cost $67.07 Unrealized +8.5%

SQM SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 0.1%

Value ($000) $1,150 (+216.9%) Shares 16,717 (+98.0%) Est. Cost $52.05 Unrealized —

XLP SELECT SECTOR SPDR TR 0.1%

Value ($000) $680 (+172.2%) Shares 8,756 (+174.7%) Est. Cost $76.55 Unrealized —

MPLX MPLX LP 0.1%

Value ($000) $1,303 (+46.1%) Shares 24,419 (+36.7%) Est. Cost $49.52 Unrealized —

VPU VANGUARD WORLD FD 0.9%

Value ($000) $7,515 (+5.7%) Shares 40,610 (+8.2%) Est. Cost $155.59 Unrealized —

JPM JPMORGAN CHASE & CO. 0.5%

Value ($000) $4,774 (+9.3%) Shares 14,816 (+7.0%) Est. Cost $125.96 Unrealized +145.7%

EPD ENTERPRISE PRODS PARTNERS L 0.3%

Value ($000) $2,772 (+16.6%) Shares 86,467 (+13.7%) Est. Cost $29.02 Unrealized —

WMB WILLIAMS COS INC 1.2%

Value ($000) $10,083 (-3.4%) Shares 167,747 (+1.8%) Est. Cost $24.02 Unrealized +150.1%

V VISA INC 0.7%

Value ($000) $6,275 (+4.3%) Shares 17,893 (+1.5%) Est. Cost $208.15 Unrealized +63.5%

XLE SELECT SECTOR SPDR TR 0.3%

Value ($000) $2,807 (+9.3%) Shares 62,792 (+118.3%) Est. Cost $63.01 Unrealized —

IXUS ISHARES TR 0.1%

Value ($000) $799 (+36.6%) Shares 9,440 (+33.2%) Est. Cost $24.69 Unrealized —

MRK MERCK & CO INC 0.1%

Value ($000) $437 (+84.4%) Shares 4,153 (+47.0%) Est. Cost $63.18 Unrealized +47.6%

BAC BANK AMERICA CORP 0.1%

Value ($000) $736 (+33.6%) Shares 13,380 (+25.3%) Est. Cost $32.53 Unrealized +61.9%

SCHW SCHWAB CHARLES CORP 0.3%

Value ($000) $2,504 (+7.8%) Shares 25,066 (+3.0%) Est. Cost $64.02 Unrealized +48.0%

SCHO SCHWAB STRATEGIC TR 0.9%

Value ($000) $7,747 (+2.3%) Shares 317,888 (+2.4%) Est. Cost $26.02 Unrealized —

NEM NEWMONT CORP 0.1%

Value ($000) $1,012 (+20.6%) Shares 10,136 (+1.8%) Est. Cost $47.53 Unrealized +89.8%

ET ENERGY TRANSFER L P 0.1%

Value ($000) $591 (+25.9%) Shares 35,810 (+31.0%) Est. Cost $17.62 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.0%

Value ($000) $338 (+55.4%) Shares 6,817 (+103.4%) Est. Cost $51.34 Unrealized —

PAA 72201R 90 4 PIMCO 0.1%

Value ($000) $568 (+21.1%) Shares 31,642 (+15.0%) Est. Cost $18.38 Unrealized —

VDC VANGUARD WORLD FD 0.7%

Value ($000) $5,827 (+1.7%) Shares 27,584 (+2.9%) Est. Cost $196.18 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $3,779 (+1.6%) Shares 47,401 (+1.9%) Est. Cost $78.94 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $1,016 (+5.7%) Shares 7,092 (+13.3%) Est. Cost $87.66 Unrealized +67.9%

TJX TJX COS INC NEW 0.1%

Value ($000) $527 (+10.0%) Shares 3,432 (+3.5%) Est. Cost $75.08 Unrealized +96.7%

CVX CHEVRON CORP NEW 0.5%

Value ($000) $4,787 (-0.8%) Shares 31,406 (+1.0%) Est. Cost $135.85 Unrealized +11.4%

UNH UNITEDHEALTH GROUP INC 0.2%

Value ($000) $2,117 (-1.6%) Shares 6,413 (+2.9%) Est. Cost $312.91 Unrealized +7.8%

ADM ARCHER DANIELS MIDLAND CO 0.1%

Value ($000) $1,019 (-2.0%) Shares 17,724 (+1.8%) Est. Cost $57.63 Unrealized +3.2%

PFE PFIZER INC 0.2%

Value ($000) $1,363 (+1.3%) Shares 54,737 (+3.7%) Est. Cost $26.89 Unrealized -6.9%

T AT&T INC 0.1%

Value ($000) $649 (+2.7%) Shares 26,136 (+16.8%) Est. Cost $17.52 Unrealized +44.3%

SRE SEMPRA 0.1%

Value ($000) $555 (+0.5%) Shares 6,284 (+2.4%) Est. Cost $61.81 Unrealized +46.5%

ABBV ABBVIE INC 0.1%

Value ($000) $454 (+0.2%) Shares 1,985 (+1.5%) Est. Cost $202.34 Unrealized +12.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VXUS	VANGUARD STAR FDS	660,050 (+16.7%)	$49,794 (+19.8%)	5.7%	$61.07	—	VG TL INTL STK F	921909768
VDE	VANGUARD WORLD FD	156,927 (+46.5%)	$19,760 (+46.5%)	2.3%	$117.20	—	ENERGY ETF	92204A306
VOO	VANGUARD INDEX FDS	29,311 (+43.4%)	$18,382 (+46.9%)	2.1%	$582.55	—	S&P 500 ETF SHS	922908363
VALE	VALE S A SPONSORED ADS	661,200 (+96.7%)	$8,615 (+136.0%)	1.0%	$12.90	—	ADR	91912E105
AVDV	AMERICAN CENTY ETF TR	403,281 (+8.7%)	$37,896 (+14.8%)	4.3%	$72.11	—	INTL SMCP VLU	025072802
RIO	RIO TINTO PLC SPONSORED ADR	144,484 (+40.2%)	$11,563 (+70.0%)	1.3%	$65.18	—	ADR	767204100
AVUV	AMERICAN CENTY ETF TR	318,160 (+9.4%)	$32,446 (+12.1%)	3.7%	$91.02	—	US SML CP VALU	025072877
CB	CHUBB LIMITED	26,762 (+38.2%)	$8,353 (+52.8%)	1.0%	$283.86	+3.0%	COM	H1467J104
OXY	OCCIDENTAL PETE CORP	77,499 (+892.9%)	$3,187 (+764.1%)	0.4%	$40.49	+2.6%	COM	674599105
BRK/B	BERKSHIRE HATHAWAY INC DEL	68,404 (+7.3%)	$34,383 (+7.3%)	3.9%	$318.40	+56.3%	CL B NEW	084670702
EOG	EOG RESOURCES INC	31,623 (+197.1%)	$3,321 (+178.3%)	0.4%	$99.04	+8.3%	COM	26875P101
FCX	FREEPORT-MCMORAN INC	130,736 (+9.8%)	$6,640 (+42.1%)	0.8%	$34.30	+26.3%	CL B	35671D857
BHP	BHP GROUP LTD SPONSORED ADS	123,288 (+23.1%)	$7,443 (+33.2%)	0.9%	$52.47	—	ADR	088606108
XOM	EXXON MOBIL CORP	34,296 (+68.7%)	$4,127 (+80.1%)	0.5%	$100.75	+14.6%	COM	30231G102
MKL	MARKEL GROUP INC	3,728 (+2.0%)	$8,014 (+14.7%)	0.9%	$1591.13	+27.3%	COM	570535104
AMZN	AMAZON COM INC	45,648 (+3.0%)	$10,536 (+8.2%)	1.2%	$168.12	+36.1%	COM	023135106
WRB	BERKLEY W R CORP	54,332 (+37.7%)	$3,810 (+26.0%)	0.4%	$67.07	+8.5%	COM	084423102
SQM	SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B	16,717 (+98.0%)	$1,150 (+216.9%)	0.1%	$52.05	—	ADR	833635105
XLP	SELECT SECTOR SPDR TR	8,756 (+174.7%)	$680 (+172.2%)	0.1%	$76.55	—	STATE STREET CON	81369Y308
MPLX	MPLX LP	24,419 (+36.7%)	$1,303 (+46.1%)	0.1%	$49.52	—	COM UNIT REP LTD	55336V100
VPU	VANGUARD WORLD FD	40,610 (+8.2%)	$7,515 (+5.7%)	0.9%	$155.59	—	UTILITIES ETF	92204A876
JPM	JPMORGAN CHASE & CO.	14,816 (+7.0%)	$4,774 (+9.3%)	0.5%	$125.96	+145.7%	COM	46625H100
EPD	ENTERPRISE PRODS PARTNERS L	86,467 (+13.7%)	$2,772 (+16.6%)	0.3%	$29.02	—	COM	293792107
WMB	WILLIAMS COS INC	167,747 (+1.8%)	$10,083 (-3.4%)	1.2%	$24.02	+150.1%	COM	969457100
V	VISA INC	17,893 (+1.5%)	$6,275 (+4.3%)	0.7%	$208.15	+63.5%	COM CL A	92826C839
XLE	SELECT SECTOR SPDR TR	62,792 (+118.3%)	$2,807 (+9.3%)	0.3%	$63.01	—	STATE STREET ENE	81369Y506
IXUS	ISHARES TR	9,440 (+33.2%)	$799 (+36.6%)	0.1%	$24.69	—	CORE MSCI TOTAL	46432F834
MRK	MERCK & CO INC	4,153 (+47.0%)	$437 (+84.4%)	0.1%	$63.18	+47.6%	COM	58933Y105
BAC	BANK AMERICA CORP	13,380 (+25.3%)	$736 (+33.6%)	0.1%	$32.53	+61.9%	COM	060505104
SCHW	SCHWAB CHARLES CORP	25,066 (+3.0%)	$2,504 (+7.8%)	0.3%	$64.02	+48.0%	COM	808513105
SCHO	SCHWAB STRATEGIC TR	317,888 (+2.4%)	$7,747 (+2.3%)	0.9%	$26.02	—	SHT TM US TRES	808524862
NEM	NEWMONT CORP	10,136 (+1.8%)	$1,012 (+20.6%)	0.1%	$47.53	+89.8%	COM	651639106
ET	ENERGY TRANSFER L P	35,810 (+31.0%)	$591 (+25.9%)	0.1%	$17.62	—	COM UT LTD PTN	29273V100
IBIT	ISHARES BITCOIN TRUST ETF	6,817 (+103.4%)	$338 (+55.4%)	0.0%	$51.34	—	SHS BEN INT	46438F101
PAA	72201R 90 4 PIMCO	31,642 (+15.0%)	$568 (+21.1%)	0.1%	$18.38	—	UNIT LTD PARTN	726503105
VDC	VANGUARD WORLD FD	27,584 (+2.9%)	$5,827 (+1.7%)	0.7%	$196.18	—	CONSUM STP ETF	92204A207
VCSH	VANGUARD SCOTTSDALE FDS	47,401 (+1.9%)	$3,779 (+1.6%)	0.4%	$78.94	—	SHRT TRM CORP BD	92206C409
PG	PROCTER AND GAMBLE CO	7,092 (+13.3%)	$1,016 (+5.7%)	0.1%	$87.66	+67.9%	COM	742718109
TJX	TJX COS INC NEW	3,432 (+3.5%)	$527 (+10.0%)	0.1%	$75.08	+96.7%	COM	872540109
CVX	CHEVRON CORP NEW	31,406 (+1.0%)	$4,787 (-0.8%)	0.5%	$135.85	+11.4%	COM	166764100
UNH	UNITEDHEALTH GROUP INC	6,413 (+2.9%)	$2,117 (-1.6%)	0.2%	$312.91	+7.8%	COM	91324P102
ADM	ARCHER DANIELS MIDLAND CO	17,724 (+1.8%)	$1,019 (-2.0%)	0.1%	$57.63	+3.2%	COM	039483102
PFE	PFIZER INC	54,737 (+3.7%)	$1,363 (+1.3%)	0.2%	$26.89	-6.9%	COM	717081103
T	AT&T INC	26,136 (+16.8%)	$649 (+2.7%)	0.1%	$17.52	+44.3%	COM	00206R102
SRE	SEMPRA	6,284 (+2.4%)	$555 (+0.5%)	0.1%	$61.81	+46.5%	COM	816851109
ABBV	ABBVIE INC	1,985 (+1.5%)	$454 (+0.2%)	0.1%	$202.34	+12.5%	COM	00287Y109

Exited Positions (6)

— TOTALENERGIES SE 0.3%

Value ($000) $2,608 Shares 43,700 Est. Cost $63.71 Unrealized —

— ISHARES IBONDS DEC 2025 TERM CORPORATE ETF 0.3%

Value ($000) $2,252 Shares 89,400 Est. Cost $25.18 Unrealized —

SLB SLB LIMITED 0.2%

Value ($000) $1,704 Shares 49,577 Est. Cost $42.99 Unrealized -16.1%

VNQ VANGUARD REAL ESTATE ETF 0.0%

Value ($000) $198 Shares 2,166 Est. Cost $91.42 Unrealized —

SCHD SCHWAB US DIVIDEND EQUITY ETF 0.0%

Value ($000) $163 Shares 5,958 Est. Cost $27.30 Unrealized —

GDX VANECK GOLD MINERS ETF 0.0%

Value ($000) $134 Shares 1,756 Est. Cost $76.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TOTALENERGIES SE	43,700	$2,608	0.3%	$63.71	—	—	89151E109
—	ISHARES IBONDS DEC 2025 TERM CORPORATE ETF	89,400	$2,252	0.3%	$25.18	—	—	46434VBD1
SLB	SLB LIMITED	49,577	$1,704	0.2%	$42.99	-16.1%	—	806857108
VNQ	VANGUARD REAL ESTATE ETF	2,166	$198	0.0%	$91.42	—	—	922908553
SCHD	SCHWAB US DIVIDEND EQUITY ETF	5,958	$163	0.0%	$27.30	—	—	808524797
GDX	VANECK GOLD MINERS ETF	1,756	$134	0.0%	$76.40	—	—	92189F106

Decreased Positions (24)

LNG CHENIERE ENERGY INC 1.3%

Value ($000) $11,195 (-34.7%) Shares 57,592 (-21.1%) Est. Cost $146.93 Unrealized +42.9%

GLDM WORLD GOLD TR 5.8%

Value ($000) $50,619 (-10.1%) Shares 592,939 (-19.5%) Est. Cost $33.62 Unrealized —

GOOG ALPHABET INC CAP STK 2.6%

Value ($000) $22,564 (+26.4%) Shares 71,907 (-1.9%) Est. Cost $135.36 Unrealized +111.5%

VBIL VANGUARD INSTL INDEX FD 1.4%

Value ($000) $12,524 (-21.6%) Shares 166,030 (-21.4%) Est. Cost $75.60 Unrealized —

PICK ISHARES INC 3.0%

Value ($000) $26,076 (+12.2%) Shares 507,916 (-2.8%) Est. Cost $38.94 Unrealized —

ENB ENBRIDGE INC 1.7%

Value ($000) $14,768 (-15.6%) Shares 308,770 (-10.9%) Est. Cost $28.20 Unrealized +67.1%

COP CONOCOPHILLIPS 0.2%

Value ($000) $1,753 (-58.8%) Shares 18,723 (-58.4%) Est. Cost $79.60 Unrealized +13.1%

TRP TC ENERGY CORP 1.7%

Value ($000) $14,945 (-12.6%) Shares 273,465 (-13.0%) Est. Cost $35.70 Unrealized +49.5%

MSFT MICROSOFT CORP 1.2%

Value ($000) $10,817 (-14.2%) Shares 22,366 (-8.1%) Est. Cost $333.72 Unrealized +50.0%

IBDR ISHARES TR 0.3%

Value ($000) $3,002 (-33.5%) Shares 123,877 (-33.3%) Est. Cost $24.25 Unrealized —

SCHP SCHWAB STRATEGIC TR 1.8%

Value ($000) $15,560 (-7.9%) Shares 587,378 (-6.3%) Est. Cost $37.72 Unrealized —

IAU ISHARES GOLD TR 0.9%

Value ($000) $8,104 (-13.8%) Shares 99,834 (-22.7%) Est. Cost $31.54 Unrealized —

AAPL APPLE INC 1.4%

Value ($000) $12,341 (-5.4%) Shares 45,395 (-11.4%) Est. Cost $141.58 Unrealized +89.5%

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value ($000) $1,628 (-23.2%) Shares 13,850 (-26.9%) Est. Cost $65.20 Unrealized +64.2%

FNV FRANCO NEV CORP 0.2%

Value ($000) $1,888 (-20.0%) Shares 9,110 (-14.0%) Est. Cost $133.45 Unrealized +52.0%

IAUM ISHARES GOLD TR 0.6%

Value ($000) $4,992 (+9.6%) Shares 116,126 (-1.9%) Est. Cost $18.43 Unrealized —

SCHR SCHWAB STRATEGIC TR 0.3%

Value ($000) $2,748 (-11.6%) Shares 109,573 (-11.5%) Est. Cost $25.26 Unrealized —

STIP ISHARES TR 1.2%

Value ($000) $10,198 (-3.0%) Shares 99,604 (-2.0%) Est. Cost $97.48 Unrealized —

XME SPDR SERIES TRUST STATE 0.5%

Value ($000) $4,208 (+7.9%) Shares 40,612 (-2.9%) Est. Cost $34.73 Unrealized —

WMT WALMART INC 0.7%

Value ($000) $6,374 (+4.9%) Shares 57,209 (-3.0%) Est. Cost $49.72 Unrealized +115.6%

RGLD ROYAL GOLD INC 0.1%

Value ($000) $1,133 (-17.8%) Shares 5,096 (-25.8%) Est. Cost $153.54 Unrealized +29.2%

DEO DIAGEO PLC SPON 0.2%

Value ($000) $1,315 (-12.5%) Shares 15,246 (-3.2%) Est. Cost $95.43 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.1%

Value ($000) $557 (-7.9%) Shares 3,287 (-8.4%) Est. Cost $50.74 Unrealized +230.8%

UPS UNITED PARCEL SERVICE INC 0.0%

Value ($000) $360 (+1.1%) Shares 3,626 (-14.9%) Est. Cost $110.49 Unrealized -16.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LNG	CHENIERE ENERGY INC	57,592 (-21.1%)	$11,195 (-34.7%)	1.3%	$146.93	+42.9%	COM NEW	16411R208
GLDM	WORLD GOLD TR	592,939 (-19.5%)	$50,619 (-10.1%)	5.8%	$33.62	—	SPDR GLD MINIS	98149E303
GOOG	ALPHABET INC CAP STK	71,907 (-1.9%)	$22,564 (+26.4%)	2.6%	$135.36	+111.5%	CL C	02079K107
VBIL	VANGUARD INSTL INDEX FD	166,030 (-21.4%)	$12,524 (-21.6%)	1.4%	$75.60	—	0-3 MO TREAS BIL	922040845
PICK	ISHARES INC	507,916 (-2.8%)	$26,076 (+12.2%)	3.0%	$38.94	—	MSCI GBL ETF NEW	46434G848
ENB	ENBRIDGE INC	308,770 (-10.9%)	$14,768 (-15.6%)	1.7%	$28.20	+67.1%	COM	29250N105
COP	CONOCOPHILLIPS	18,723 (-58.4%)	$1,753 (-58.8%)	0.2%	$79.60	+13.1%	COM	20825C104
TRP	TC ENERGY CORP	273,465 (-13.0%)	$14,945 (-12.6%)	1.7%	$35.70	+49.5%	COM	87807B107
MSFT	MICROSOFT CORP	22,366 (-8.1%)	$10,817 (-14.2%)	1.2%	$333.72	+50.0%	COM	594918104
IBDR	ISHARES TR	123,877 (-33.3%)	$3,002 (-33.5%)	0.3%	$24.25	—	IBONDS DEC2026	46435GAA0
SCHP	SCHWAB STRATEGIC TR	587,378 (-6.3%)	$15,560 (-7.9%)	1.8%	$37.72	—	US TIPS ETF	808524870
IAU	ISHARES GOLD TR	99,834 (-22.7%)	$8,104 (-13.8%)	0.9%	$31.54	—	ISHARES NEW	464285204
AAPL	APPLE INC	45,395 (-11.4%)	$12,341 (-5.4%)	1.4%	$141.58	+89.5%	COM	037833100
WPM	WHEATON PRECIOUS METALS CORP	13,850 (-26.9%)	$1,628 (-23.2%)	0.2%	$65.20	+64.2%	COM	962879102
FNV	FRANCO NEV CORP	9,110 (-14.0%)	$1,888 (-20.0%)	0.2%	$133.45	+52.0%	COM	351858105
IAUM	ISHARES GOLD TR	116,126 (-1.9%)	$4,992 (+9.6%)	0.6%	$18.43	—	SHARES REPRESENT	46436F103
SCHR	SCHWAB STRATEGIC TR	109,573 (-11.5%)	$2,748 (-11.6%)	0.3%	$25.26	—	INT-TRM U.S TRES	808524854
STIP	ISHARES TR	99,604 (-2.0%)	$10,198 (-3.0%)	1.2%	$97.48	—	0-5 YR TIPS ETF	46429B747
XME	SPDR SERIES TRUST STATE	40,612 (-2.9%)	$4,208 (+7.9%)	0.5%	$34.73	—	STREET SPD	78464A755
WMT	WALMART INC	57,209 (-3.0%)	$6,374 (+4.9%)	0.7%	$49.72	+115.6%	COM	931142103
RGLD	ROYAL GOLD INC	5,096 (-25.8%)	$1,133 (-17.8%)	0.1%	$153.54	+29.2%	COM	780287108
DEO	DIAGEO PLC SPON	15,246 (-3.2%)	$1,315 (-12.5%)	0.2%	$95.43	—	ADR NEW	25243Q205
AEM	AGNICO EAGLE MINES LTD	3,287 (-8.4%)	$557 (-7.9%)	0.1%	$50.74	+230.8%	COM	008474108
UPS	UNITED PARCEL SERVICE INC	3,626 (-14.9%)	$360 (+1.1%)	0.0%	$110.49	-16.1%	CL B	911312106

Unchanged Positions (68)

ALB ALBEMARLE CORP 1.1%

Value ($000) $9,242 Shares 65,345 Est. Cost $103.55 Unrealized +9.4%

SCCO SOUTHERN COPPER CORP 1.8%

Value ($000) $15,486 Shares 107,936 Est. Cost $56.78 Unrealized +133.8%

PAYC PAYCOM SOFTWARE INC 0.5%

Value ($000) $4,211 Shares 26,422 Est. Cost $158.40 Unrealized +11.7%

VTI VANGUARD INDEX FDS 6.5%

Value ($000) $57,254 Shares 170,770 Est. Cost $303.74 Unrealized —

META META PLATFORMS INC 0.9%

Value ($000) $8,225 Shares 12,460 Est. Cost $508.56 Unrealized +31.2%

HD HOME DEPOT INC 0.5%

Value ($000) $4,302 Shares 12,502 Est. Cost $252.69 Unrealized +44.3%

VGK VANGUARD INTL EQUITY INDEX F 1.8%

Value ($000) $16,051 Shares 191,979 Est. Cost $56.92 Unrealized —

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $6,330 Shares 30,589 Est. Cost $121.28 Unrealized +62.4%

VPL VANGUARD INTL EQUITY INDEX F 2.6%

Value ($000) $22,849 Shares 252,751 Est. Cost $67.90 Unrealized —

XBI SPDR SERIES TRUST 0.4%

Value ($000) $3,501 Shares 28,711 Est. Cost $89.29 Unrealized —

DISV DIMENSIONAL ETF TRUST 1.0%

Value ($000) $8,563 Shares 225,334 Est. Cost $32.88 Unrealized —

IBB ISHARES TR 0.3%

Value ($000) $2,843 Shares 16,847 Est. Cost $135.84 Unrealized —

DFSV DIMENSIONAL ETF TRUST 1.5%

Value ($000) $12,715 Shares 386,604 Est. Cost $29.48 Unrealized —

BLK BLACKROCK INC COM 0.5%

Value ($000) $4,471 Shares 4,177 Est. Cost $840.24 Unrealized +29.7%

CACC CREDIT ACCEPTANCE CORP 0.7%

Value ($000) $5,965 Shares 13,450 Est. Cost $492.32 Unrealized -5.8%

B BARRICK MNG CORP 0.1%

Value ($000) $1,052 Shares 24,160 Est. Cost $20.81 Unrealized +79.8%

CNQ CANADIAN NAT RES LTD 0.6%

Value ($000) $4,818 Shares 142,344 Est. Cost $30.33 Unrealized +6.9%

INTC INTEL CORP 0.3%

Value ($000) $2,313 Shares 62,672 Est. Cost $41.19 Unrealized -8.3%

ADP AUTOMATIC DATA PROCESSING IN 0.2%

Value ($000) $1,537 Shares 5,974 Est. Cost $151.24 Unrealized +75.1%

GLD SPDR GOLD TR 0.2%

Value ($000) $2,001 Shares 5,049 Est. Cost $169.47 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 2.8%

Value ($000) $24,054 Shares 447,427 Est. Cost $42.12 Unrealized —

AMGN AMGEN INC 0.1%

Value ($000) $1,248 Shares 3,813 Est. Cost $186.31 Unrealized +69.6%

COST COSTCO WHSL CORP NEW 0.3%

Value ($000) $2,550 Shares 2,957 Est. Cost $336.05 Unrealized +169.5%

PKX POSCO HOLDINGS INC SPONSORED ADR 0.3%

Value ($000) $2,313 Shares 43,462 Est. Cost $44.19 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.2%

Value ($000) $1,605 Shares 1,826 Est. Cost $417.71 Unrealized +94.7%

CAT CATERPILLAR INC 0.1%

Value ($000) $712 Shares 1,242 Est. Cost $210.92 Unrealized +163.4%

IWV ISHARES TR 0.6%

Value ($000) $5,123 Shares 13,244 Est. Cost $263.18 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.5%

Value ($000) $4,575 Shares 32,430 Est. Cost $112.78 Unrealized —

IUSG ISHARES TR 0.5%

Value ($000) $4,631 Shares 27,574 Est. Cost $108.67 Unrealized —

NVR NVR INC 0.1%

Value ($000) $912 Shares 125 Est. Cost $7166.99 Unrealized +4.3%

IUSV ISHARES TR 0.4%

Value ($000) $3,656 Shares 35,658 Est. Cost $85.46 Unrealized —

DE DEERE & CO 0.3%

Value ($000) $2,801 Shares 6,017 Est. Cost $393.93 Unrealized +18.7%

EFA ISHARES TR 0.2%

Value ($000) $2,012 Shares 20,948 Est. Cost $88.99 Unrealized —

LPLA LPL FINL HLDGS INC 0.1%

Value ($000) $809 Shares 2,266 Est. Cost $225.33 Unrealized +57.0%

SU SUNCOR ENERGY INC NEW 0.1%

Value ($000) $941 Shares 21,224 Est. Cost $22.01 Unrealized +92.0%

VEA VANGUARD TAX-MANAGED FDS 0.1%

Value ($000) $1,287 Shares 20,601 Est. Cost $50.49 Unrealized —

LTPZ PIMCO ETF TR 0.2%

Value ($000) $1,518 Shares 29,339 Est. Cost $52.53 Unrealized —

SOBO SOUTH BOW CORP 0.2%

Value ($000) $1,370 Shares 49,867 Est. Cost $22.97 Unrealized +18.3%

MA MASTERCARD INCORPORATED 0.6%

Value ($000) $5,550 Shares 9,722 Est. Cost $291.53 Unrealized +91.7%

MO ALTRIA GROUP INC 0.0%

Value ($000) $312 Shares 5,417 Est. Cost $46.64 Unrealized +27.3%

IVV ISHARES TR 0.2%

Value ($000) $1,971 Shares 2,877 Est. Cost $669.30 Unrealized —

EBAY EBAY INC. 0.1%

Value ($000) $1,013 Shares 11,627 Est. Cost $62.40 Unrealized +38.4%

FLKR FRANKLIN TEMPLETON ETF TR 0.0%

Value ($000) $247 Shares 7,704 Est. Cost $26.99 Unrealized —

SMH VANECK ETF TRUST 0.0%

Value ($000) $413 Shares 1,147 Est. Cost $278.88 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.1%

Value ($000) $970 Shares 40,369 Est. Cost $5.94 Unrealized —

KKR KKR & CO INC 0.2%

Value ($000) $1,630 Shares 12,783 Est. Cost $116.65 Unrealized +6.5%

VRSN VERISIGN INC 0.0%

Value ($000) $202 Shares 833 Est. Cost $203.36 Unrealized +23.3%

SGOL ETFS GOLD TR 0.0%

Value ($000) $290 Shares 7,056 Est. Cost $22.28 Unrealized —

LOW LOWES COS INC 0.1%

Value ($000) $585 Shares 2,424 Est. Cost $236.16 Unrealized +1.6%

VHT VANGUARD WORLD FD 0.0%

Value ($000) $243 Shares 844 Est. Cost $247.49 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.2%

Value ($000) $1,402 Shares 42,815 Est. Cost $31.84 Unrealized —

IEMG ISHARES INC 0.1%

Value ($000) $1,078 Shares 16,030 Est. Cost $54.11 Unrealized —

MGC VANGUARD WORLD FD 0.1%

Value ($000) $699 Shares 2,784 Est. Cost $152.48 Unrealized —

SCHB SCHWAB STRATEGIC TR 0.1%

Value ($000) $657 Shares 25,036 Est. Cost $6.45 Unrealized —

DFAT DIMENSIONAL ETF TRUST 0.0%

Value ($000) $431 Shares 7,246 Est. Cost $50.70 Unrealized —

VO VANGUARD INDEX FDS 0.1%

Value ($000) $798 Shares 2,750 Est. Cost $267.67 Unrealized —

VBR VANGUARD INDEX FDS 0.1%

Value ($000) $563 Shares 2,660 Est. Cost $258.01 Unrealized —

SHEL SHELL PLC SPON ADS 0.0%

Value ($000) $283 Shares 3,851 Est. Cost $73.06 Unrealized —

BKNG BOOKING HOLDINGS INC 0.1%

Value ($000) $873 Shares 163 Est. Cost $1942.71 Unrealized +164.5%

PM PHILIP MORRIS INTERNATIONAL INC 0.1%

Value ($000) $588 Shares 3,666 Est. Cost $72.03 Unrealized +113.2%

VIG VANGUARD SPECIALIZED FUNDS 0.0%

Value ($000) $357 Shares 1,624 Est. Cost $193.99 Unrealized —

VYM VANGUARD WHITEHALL FDS 0.0%

Value ($000) $301 Shares 2,099 Est. Cost $112.46 Unrealized —

UNP UNION PAC CORP 0.0%

Value ($000) $275 Shares 1,188 Est. Cost $167.41 Unrealized +35.8%

GOVT ISHARES TR 0.1%

Value ($000) $794 Shares 34,463 Est. Cost $22.78 Unrealized —

HDV ISHARES TR 0.0%

Value ($000) $425 Shares 3,496 Est. Cost $104.24 Unrealized —

BP BP PLC SPONSORED ADR 0.0%

Value ($000) $316 Shares 9,089 Est. Cost $33.43 Unrealized —

MCD MCDONALDS CORP 0.0%

Value ($000) $265 Shares 866 Est. Cost $301.40 Unrealized +1.2%

NVDA NVIDIA CORPORATION 0.3%

Value ($000) $2,653 Shares 14,224 Est. Cost $126.82 Unrealized +46.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALB	ALBEMARLE CORP	65,345	$9,242	1.1%	$103.55	+9.4%	COM	012653101
SCCO	SOUTHERN COPPER CORP	107,936	$15,486	1.8%	$56.78	+133.8%	COM	84265V105
PAYC	PAYCOM SOFTWARE INC	26,422	$4,211	0.5%	$158.40	+11.7%	COM	70432V102
VTI	VANGUARD INDEX FDS	170,770	$57,254	6.5%	$303.74	—	TOTAL STK MKT	922908769
META	META PLATFORMS INC	12,460	$8,225	0.9%	$508.56	+31.2%	CL A	30303M102
HD	HOME DEPOT INC	12,502	$4,302	0.5%	$252.69	+44.3%	COM	437076102
VGK	VANGUARD INTL EQUITY INDEX F	191,979	$16,051	1.8%	$56.92	—	FTSE EUROPE ETF	922042874
JNJ	JOHNSON & JOHNSON	30,589	$6,330	0.7%	$121.28	+62.4%	COM	478160104
VPL	VANGUARD INTL EQUITY INDEX F	252,751	$22,849	2.6%	$67.90	—	FTSE PACIFIC ETF	922042866
XBI	SPDR SERIES TRUST	28,711	$3,501	0.4%	$89.29	—	SPDR SERIES TRUST STATE STREET SPD	78464A870
DISV	DIMENSIONAL ETF TRUST	225,334	$8,563	1.0%	$32.88	—	INTL SMALL CAP V	25434V781
IBB	ISHARES TR	16,847	$2,843	0.3%	$135.84	—	ISHARES BIOTECH	464287556
DFSV	DIMENSIONAL ETF TRUST	386,604	$12,715	1.5%	$29.48	—	US SMALL CAP VAL	25434V815
BLK	BLACKROCK INC COM	4,177	$4,471	0.5%	$840.24	+29.7%	COM	09290D101
CACC	CREDIT ACCEPTANCE CORP	13,450	$5,965	0.7%	$492.32	-5.8%	COM	225310101
B	BARRICK MNG CORP	24,160	$1,052	0.1%	$20.81	+79.8%	COM SHS	06849F108
CNQ	CANADIAN NAT RES LTD	142,344	$4,818	0.6%	$30.33	+6.9%	COM	136385101
INTC	INTEL CORP	62,672	$2,313	0.3%	$41.19	-8.3%	COM	458140100
ADP	AUTOMATIC DATA PROCESSING IN	5,974	$1,537	0.2%	$151.24	+75.1%	COM	053015103
GLD	SPDR GOLD TR	5,049	$2,001	0.2%	$169.47	—	GOLD SHS	78463V107
VWO	VANGUARD INTL EQUITY INDEX F	447,427	$24,054	2.8%	$42.12	—	FTSE EMR MKT ETF	922042858
AMGN	AMGEN INC	3,813	$1,248	0.1%	$186.31	+69.6%	COM	031162100
COST	COSTCO WHSL CORP NEW	2,957	$2,550	0.3%	$336.05	+169.5%	COM	22160K105
PKX	POSCO HOLDINGS INC SPONSORED ADR	43,462	$2,313	0.3%	$44.19	—	ADR	693483109
GS	GOLDMAN SACHS GROUP INC	1,826	$1,605	0.2%	$417.71	+94.7%	COM	38141G104
CAT	CATERPILLAR INC	1,242	$712	0.1%	$210.92	+163.4%	COM	149123101
IWV	ISHARES TR	13,244	$5,123	0.6%	$263.18	—	RUSSELL 3000 ETF	464287689
VT	VANGUARD INTL EQUITY INDEX F	32,430	$4,575	0.5%	$112.78	—	TT WRLD ST ETF	922042742
IUSG	ISHARES TR	27,574	$4,631	0.5%	$108.67	—	CORE S&P US GWT	464287671
NVR	NVR INC	125	$912	0.1%	$7166.99	+4.3%	COM	62944T105
IUSV	ISHARES TR	35,658	$3,656	0.4%	$85.46	—	CORE S&P US VLU	464287663
DE	DEERE & CO	6,017	$2,801	0.3%	$393.93	+18.7%	COM	244199105
EFA	ISHARES TR	20,948	$2,012	0.2%	$88.99	—	MSCI EAFE ETF	464287465
LPLA	LPL FINL HLDGS INC	2,266	$809	0.1%	$225.33	+57.0%	COM	50212V100
SU	SUNCOR ENERGY INC NEW	21,224	$941	0.1%	$22.01	+92.0%	COM	867224107
VEA	VANGUARD TAX-MANAGED FDS	20,601	$1,287	0.1%	$50.49	—	VAN FTSE DEV MKT	921943858
LTPZ	PIMCO ETF TR	29,339	$1,518	0.2%	$52.53	—	15+ YR US TIPS	72201R304
SOBO	SOUTH BOW CORP	49,867	$1,370	0.2%	$22.97	+18.3%	COM	83671M105
MA	MASTERCARD INCORPORATED	9,722	$5,550	0.6%	$291.53	+91.7%	CL A	57636Q104
MO	ALTRIA GROUP INC	5,417	$312	0.0%	$46.64	+27.3%	COM	02209S103
IVV	ISHARES TR	2,877	$1,971	0.2%	$669.30	—	CORE S&P500 ETF	464287200
EBAY	EBAY INC.	11,627	$1,013	0.1%	$62.40	+38.4%	COM	278642103
FLKR	FRANKLIN TEMPLETON ETF TR	7,704	$247	0.0%	$26.99	—	FTSE SOUTH KOREA	35473P710
SMH	VANECK ETF TRUST	1,147	$413	0.0%	$278.88	—	VANECK ETF TRUST SEMICONDUCTR ETF	92189F676
SCHF	SCHWAB STRATEGIC TR	40,369	$970	0.1%	$5.94	—	INTL EQTY ETF	808524805
KKR	KKR & CO INC	12,783	$1,630	0.2%	$116.65	+6.5%	COM	48251W104
VRSN	VERISIGN INC	833	$202	0.0%	$203.36	+23.3%	COM	92343E102
SGOL	ETFS GOLD TR	7,056	$290	0.0%	$22.28	—	PHYSCL GOLD SHS	00326A104
LOW	LOWES COS INC	2,424	$585	0.1%	$236.16	+1.6%	COM	548661107
VHT	VANGUARD WORLD FD	844	$243	0.0%	$247.49	—	HEALTH CAR ETF	92204A504
SCHE	SCHWAB STRATEGIC TR	42,815	$1,402	0.2%	$31.84	—	EMRG MKTEQ ETF	808524706
IEMG	ISHARES INC	16,030	$1,078	0.1%	$54.11	—	CORE MSCI EMKT	46434G103
MGC	VANGUARD WORLD FD	2,784	$699	0.1%	$152.48	—	MEGA CAP INDEX	921910873
SCHB	SCHWAB STRATEGIC TR	25,036	$657	0.1%	$6.45	—	US BRD MKT ETF	808524102
DFAT	DIMENSIONAL ETF TRUST	7,246	$431	0.0%	$50.70	—	US TARGETED VLU	25434V609
VO	VANGUARD INDEX FDS	2,750	$798	0.1%	$267.67	—	MID CAP ETF	922908629
VBR	VANGUARD INDEX FDS	2,660	$563	0.1%	$258.01	—	SM CP VAL ETF	922908611
SHEL	SHELL PLC SPON ADS	3,851	$283	0.0%	$73.06	—	ADR	780259305
BKNG	BOOKING HOLDINGS INC	163	$873	0.1%	$1942.71	+164.5%	COM	09857L108
PM	PHILIP MORRIS INTERNATIONAL INC	3,666	$588	0.1%	$72.03	+113.2%	COM	718172109
VIG	VANGUARD SPECIALIZED FUNDS	1,624	$357	0.0%	$193.99	—	DIV APP ETF	921908844
VYM	VANGUARD WHITEHALL FDS	2,099	$301	0.0%	$112.46	—	HIGH DIV YLD	921946406
UNP	UNION PAC CORP	1,188	$275	0.0%	$167.41	+35.8%	COM	907818108
GOVT	ISHARES TR	34,463	$794	0.1%	$22.78	—	US TREAS BD ETF	46429B267
HDV	ISHARES TR	3,496	$425	0.0%	$104.24	—	CORE HIGH DV ETF	46429B663
BP	BP PLC SPONSORED ADR	9,089	$316	0.0%	$33.43	—	ADR	055622104
MCD	MCDONALDS CORP	866	$265	0.0%	$301.40	+1.2%	COM	580135101
NVDA	NVIDIA CORPORATION	14,224	$2,653	0.3%	$126.82	+46.8%	COM	67066G104