Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EVLN	MORGAN STANLEY ETF TRUST	98,238	$4.765M	0.7%	$48.51	—	EATON VANCE FLTG	61774R833
HONA	HONEYWELL AEROSPACE INC	21,088	$4.662M	0.7%	$221.08	—	COM	43849R105
SMH	VANECK ETF TRUST	5,171	$3.392M	0.5%	$655.89	—	SEMICONDUCTR ETF	92189F676
GEV	GE VERNOVA INC	1,687	$1.982M	0.3%	$1174.86	—	COM	36828A101
FDXF	FEDEX FGHT HLDG CO INC	12,657	$1.911M	0.3%	$151.00	—	COMMON STOCK	314352105
AIPO	TIDAL TRUST II	56,114	$1.875M	0.3%	$33.41	—	DEFIA AI PWR ETF	88636R479
SHLD	GLOBAL X FDS	24,295	$1.451M	0.2%	$59.71	—	DEFENSE TECH ETF	37960A529
DIA	STATE STR SPDR DOW JONES IND	2,213	$1.156M	0.2%	$522.39	—	UT SER 1	78467X109
VYMI	VANGUARD WHITEHALL FDS	3,879	$381K	0.1%	$98.20	—	INTL HIGH ETF	921946794
MU	MICRON TECHNOLOGY INC	275	$317K	0.0%	$1154.29	—	COM	595112103
ITA	ISHARES TR	1,247	$302K	0.0%	$242.42	—	US AER DEF ETF	464288760
VYM	VANGUARD WHITEHALL FDS	1,881	$297K	0.0%	$158.03	—	HIGH DIV YLD	921946406
TXN	TEXAS INSTRS INC	937	$279K	0.0%	$298.07	—	COM	882508104
INTC	INTEL CORP	2,000	$279K	0.0%	$139.63	—	COM	458140100
DFAX	DIMENSIONAL ETF TRUST	6,931	$255K	0.0%	$36.84	—	WORLD EX US CORE	25434V880
CEG	CONSTELLATION ENERGY CORP	997	$248K	0.0%	$248.37	—	COM	21037T109
QQQM	INVESCO EXCH TRADED FD TR II	805	$244K	0.0%	$302.97	—	NASDAQ 100 ETF	46138G649
DFUS	DIMENSIONAL ETF TRUST	2,678	$219K	0.0%	$81.94	—	US EQUI MARK ETF	25434V401
STM	STMICROELECTRONICS N V	2,910	$218K	0.0%	$74.89	—	NY REGISTRY	861012102
ABBV	ABBVIE INC	859	$216K	0.0%	$251.73	—	COM	00287Y109
UBER	UBER TECHNOLOGIES INC	2,900	$209K	0.0%	$72.16	—	COM	90353T100
IVW	ISHARES TR	1,476	$203K	0.0%	$137.53	—	S&P 500 GRWT ETF	464287309
VGK	VANGUARD INTL EQUITY INDEX F	2,267	$201K	0.0%	$88.54	—	FTSE EUROPE ETF	922042874

Increased Positions (32)

SPYM SPDR SERIES TRUST 1.9%

Value $12.32M (+69.4%) Shares 140,225 (+47.5%) Est. Cost $79.81 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T ⚠ 2.1%

Value $13.5M (+26.4%) Shares 18,072 (+10.1%) Est. Cost $526.58 Unrealized —

AVGO BROADCOM INC 0.4%

Value $2.655M (+468.5%) Shares 7,029 (+365.8%) Est. Cost $348.21 Unrealized —

VTI VANGUARD INDEX FDS 1.1%

Value $7.413M (+36.7%) Shares 20,034 (+18.5%) Est. Cost $226.04 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.6%

Value $3.573M (+93.1%) Shares 16,794 (+74.2%) Est. Cost $200.80 Unrealized —

GLD SPDR GOLD TR 2.6%

Value $17.16M (-8.1%) Shares 46,582 (+7.4%) Est. Cost $168.43 Unrealized —

VHT VANGUARD WORLD FD 0.3%

Value $1.82M (+378.0%) Shares 6,086 (+335.3%) Est. Cost $292.88 Unrealized —

NFLX NETFLIX INC. 0.8%

Value $5.003M (-22.2%) Shares 70,074 (+4.8%) Est. Cost $101.42 Unrealized —

KLAC KLA CORP 0.4%

Value $2.709M (+97.2%) Shares 8,980 (+862.5%) Est. Cost $344.64 Unrealized —

QQQ INVESCO QQQ TR ⚠ 0.9%

Value $5.724M (+30.0%) Shares 7,773 (+1.9%) Est. Cost $465.39 Unrealized —

IVE ISHARES TR 0.3%

Value $1.924M (+161.4%) Shares 8,473 (+143.1%) Est. Cost $219.98 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.7%

Value $4.863M (+26.5%) Shares 68,254 (+13.8%) Est. Cost $53.16 Unrealized —

LIN LINDE PLC 0.9%

Value $5.963M (+11.5%) Shares 11,490 (+6.5%) Est. Cost $456.68 Unrealized —

JMTG J P MORGAN EXCHANGE TRADED F 0.3%

Value $2.245M (+18.6%) Shares 44,290 (+19.4%) Est. Cost $50.95 Unrealized —

VOO VANGUARD INDEX FDS 0.2%

Value $1.095M (+46.9%) Shares 1,594 (+27.8%) Est. Cost $551.55 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $693K (+100.7%) Shares 2,465 (+73.0%) Est. Cost $268.69 Unrealized —

NYF ISHARES TR 0.3%

Value $1.803M (+13.2%) Shares 33,450 (+11.6%) Est. Cost $53.39 Unrealized —

FLOT ISHARES TR 1.4%

Value $9.303M (+2.1%) Shares 182,241 (+1.9%) Est. Cost $50.74 Unrealized —

SCHB SCHWAB STRATEGIC TR 0.1%

Value $792K (+17.0%) Shares 27,350 (+1.4%) Est. Cost $34.55 Unrealized —

SHY ISHARES TR 0.6%

Value $3.784M (+2.4%) Shares 46,088 (+3.0%) Est. Cost $82.10 Unrealized —

PFF ISHARES TR 0.6%

Value $4.125M (+1.8%) Shares 135,297 (+1.2%) Est. Cost $32.87 Unrealized —

IWF ISHARES TR 0.1%

Value $470K (+16.5%) Shares 3,784 (+300.0%) Est. Cost $183.37 Unrealized —

TSLA TESLA INC 0.1%

Value $418K (+15.5%) Shares 995 (+2.1%) Est. Cost $336.57 Unrealized —

JMUB J P MORGAN EXCHANGE TRADED F 0.2%

Value $997K (+5.8%) Shares 19,675 (+4.4%) Est. Cost $50.62 Unrealized —

VCIT VANGUARD SCOTTSDALE FDS 0.7%

Value $4.248M (+1.1%) Shares 51,398 (+1.2%) Est. Cost $87.81 Unrealized —

LMT LOCKHEED MARTIN CORP 0.0%

Value $237K (-14.4%) Shares 465 (+1.5%) Est. Cost $450.70 Unrealized —

SHV ISHARES TR 0.3%

Value $1.862M (+2.2%) Shares 16,876 (+2.2%) Est. Cost $110.41 Unrealized —

EFA ISHARES TR 0.0%

Value $247K (+8.1%) Shares 2,380 (+1.1%) Est. Cost $93.63 Unrealized —

BKNG BOOKING HOLDINGS INC 0.0%

Value $232K (+5.8%) Shares 1,300 (+2400.0%) Est. Cost $361.07 Unrealized —

XYL XYLEM INC 0.9%

Value $6.114M (+0.1%) Shares 51,725 (+1.2%) Est. Cost $67.12 Unrealized —

BWXT BWX TECHNOLOGIES INC 0.1%

Value $622K (+0.5%) Shares 3,194 (+5.6%) Est. Cost $142.97 Unrealized —

— SABA CAPITAL INCOME & OPRNT 0.0%

Value $73,569 (+1.2%) Shares 11,198 (+3.8%) Est. Cost $7.67 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPYM	SPDR SERIES TRUST	140,225 (+47.5%)	$12.32M (+69.4%)	1.9%	$79.81	—	ST STR P500ETF	78464A854
SPY	STATE STR SPDR S&P 500 ETF T ⚠	18,072 (+10.1%)	$13.5M (+26.4%)	2.1%	$526.58	—	TR UNIT	78462F103
AVGO	BROADCOM INC	7,029 (+365.8%)	$2.655M (+468.5%)	0.4%	$348.21	—	COM	11135F101
VTI	VANGUARD INDEX FDS	20,034 (+18.5%)	$7.413M (+36.7%)	1.1%	$226.04	—	TOTAL STK MKT	922908769
RSP	INVESCO EXCHANGE TRADED FD T	16,794 (+74.2%)	$3.573M (+93.1%)	0.6%	$200.80	—	S&P500 EQL WGT	46137V357
GLD	SPDR GOLD TR	46,582 (+7.4%)	$17.16M (-8.1%)	2.6%	$168.43	—	GOLD SHS	78463V107
VHT	VANGUARD WORLD FD	6,086 (+335.3%)	$1.82M (+378.0%)	0.3%	$292.88	—	HEALTH CAR ETF	92204A504
NFLX	NETFLIX INC.	70,074 (+4.8%)	$5.003M (-22.2%)	0.8%	$101.42	—	COM	64110L106
KLAC	KLA CORP	8,980 (+862.5%)	$2.709M (+97.2%)	0.4%	$344.64	—	COM NEW	482480100
QQQ	INVESCO QQQ TR ⚠	7,773 (+1.9%)	$5.724M (+30.0%)	0.9%	$465.39	—	UNIT SER 1	46090E103
IVE	ISHARES TR	8,473 (+143.1%)	$1.924M (+161.4%)	0.3%	$219.98	—	S&P 500 VAL ETF	464287408
VEA	VANGUARD TAX-MANAGED FDS	68,254 (+13.8%)	$4.863M (+26.5%)	0.7%	$53.16	—	VAN FTSE DEV MKT	921943858
LIN	LINDE PLC	11,490 (+6.5%)	$5.963M (+11.5%)	0.9%	$456.68	—	SHS	G54950103
JMTG	J P MORGAN EXCHANGE TRADED F	44,290 (+19.4%)	$2.245M (+18.6%)	0.3%	$50.95	—	MORTGAGE BACKED	46654Q575
VOO	VANGUARD INDEX FDS	1,594 (+27.8%)	$1.095M (+46.9%)	0.2%	$551.55	—	S&P 500 ETF SHS	922908363
IBM	INTERNATIONAL BUSINESS MACHS	2,465 (+73.0%)	$693K (+100.7%)	0.1%	$268.69	—	COM	459200101
NYF	ISHARES TR	33,450 (+11.6%)	$1.803M (+13.2%)	0.3%	$53.39	—	NEW YORK MUN ETF	464288323
FLOT	ISHARES TR	182,241 (+1.9%)	$9.303M (+2.1%)	1.4%	$50.74	—	FLTG RATE NT ETF	46429B655
SCHB	SCHWAB STRATEGIC TR	27,350 (+1.4%)	$792K (+17.0%)	0.1%	$34.55	—	US BRD MKT ETF	808524102
SHY	ISHARES TR	46,088 (+3.0%)	$3.784M (+2.4%)	0.6%	$82.10	—	1 3 YR TREAS BD	464287457
PFF	ISHARES TR	135,297 (+1.2%)	$4.125M (+1.8%)	0.6%	$32.87	—	PFD AND INCM SEC	464288687
IWF	ISHARES TR	3,784 (+300.0%)	$470K (+16.5%)	0.1%	$183.37	—	RUS 1000 GRW ETF	464287614
TSLA	TESLA INC	995 (+2.1%)	$418K (+15.5%)	0.1%	$336.57	—	COM	88160R101
JMUB	J P MORGAN EXCHANGE TRADED F	19,675 (+4.4%)	$997K (+5.8%)	0.2%	$50.62	—	MUNICIPAL ETF	46641Q647
VCIT	VANGUARD SCOTTSDALE FDS	51,398 (+1.2%)	$4.248M (+1.1%)	0.7%	$87.81	—	INT-TERM CORP	92206C870
LMT	LOCKHEED MARTIN CORP	465 (+1.5%)	$237K (-14.4%)	0.0%	$450.70	—	COM	539830109
SHV	ISHARES TR	16,876 (+2.2%)	$1.862M (+2.2%)	0.3%	$110.41	—	TRUST ISHARE 0-1	464288679
EFA	ISHARES TR	2,380 (+1.1%)	$247K (+8.1%)	0.0%	$93.63	—	MSCI EAFE ETF	464287465
BKNG	BOOKING HOLDINGS INC	1,300 (+2400.0%)	$232K (+5.8%)	0.0%	$361.07	—	COM	09857L108
XYL	XYLEM INC	51,725 (+1.2%)	$6.114M (+0.1%)	0.9%	$67.12	—	COM	98419M100
BWXT	BWX TECHNOLOGIES INC	3,194 (+5.6%)	$622K (+0.5%)	0.1%	$142.97	—	COM	05605H100
—	SABA CAPITAL INCOME & OPRNT	11,198 (+3.8%)	$73,569 (+1.2%)	0.0%	$7.67	—	SHS NEW	78518H202

Exited Positions (9)

HON HONEYWELL INTL INC 1.5%

Value $9.916M Shares 43,870 Est. Cost $124.51 Unrealized —

ZTS ZOETIS INC 0.6%

Value $3.813M Shares 32,256 Est. Cost $145.61 Unrealized —

NKE NIKE INC 0.3%

Value $1.741M Shares 32,957 Est. Cost $84.99 Unrealized —

CRM SALESFORCE INC 0.1%

Value $376K Shares 2,014 Est. Cost $305.15 Unrealized —

T AT&T INC 0.0%

Value $293K Shares 10,095 Est. Cost $14.91 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.0%

Value $222K Shares 1,520 Est. Cost $162.07 Unrealized —

CMCSA COMCAST CORP NEW 0.0%

Value $218K Shares 7,604 Est. Cost $35.84 Unrealized —

APO APOLLO GLOBAL MGMT INC 0.0%

Value $201K Shares 1,800 Est. Cost $131.37 Unrealized —

ASPI ASP ISOTOPES INC 0.0%

Value $66,300 Shares 15,000 Est. Cost $6.71 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	43,870	$9.916M	1.5%	$124.51	—	—	438516106
ZTS	ZOETIS INC	32,256	$3.813M	0.6%	$145.61	—	—	98978V103
NKE	NIKE INC	32,957	$1.741M	0.3%	$84.99	—	—	654106103
CRM	SALESFORCE INC	2,014	$376K	0.1%	$305.15	—	—	79466L302
T	AT&T INC	10,095	$293K	0.0%	$14.91	—	—	00206R102
PLTR	PALANTIR TECHNOLOGIES INC	1,520	$222K	0.0%	$162.07	—	—	69608A108
CMCSA	COMCAST CORP NEW	7,604	$218K	0.0%	$35.84	—	—	20030N101
APO	APOLLO GLOBAL MGMT INC	1,800	$201K	0.0%	$131.37	—	—	03769M106
ASPI	ASP ISOTOPES INC	15,000	$66,300	0.0%	$6.71	—	—	00218A105

Decreased Positions (47)

AMAT APPLIED MATLS INC 2.2%

Value $14.35M (+107.5%) Shares 19,852 (-1.9%) Est. Cost $137.07 Unrealized —

APH AMPHENOL CORP 4.2%

Value $27.59M (+29.5%) Shares 156,471 (-7.2%) Est. Cost $43.79 Unrealized —

GOOG ALPHABET INC 4.8%

Value $31.43M (+21.7%) Shares 88,966 (-1.2%) Est. Cost $107.26 Unrealized —

CSCO CISCO SYS INC 2.4%

Value $15.5M (+49.5%) Shares 131,942 (-1.2%) Est. Cost $36.71 Unrealized —

NVS NOVARTIS AG 0.5%

Value $3.088M (-50.6%) Shares 19,702 (-51.8%) Est. Cost $86.04 Unrealized —

NVDA NVIDIA CORPORATION 4.0%

Value $25.82M (+12.3%) Shares 129,063 (-2.1%) Est. Cost $93.38 Unrealized —

LRCX LAM RESEARCH CORP 0.8%

Value $5.477M (+93.8%) Shares 12,640 (-4.5%) Est. Cost $74.98 Unrealized —

MDLZ MONDELEZ INTL INC 0.4%

Value $2.653M (-40.6%) Shares 45,866 (-40.8%) Est. Cost $60.37 Unrealized —

AXP AMERICAN EXPRESS CO 2.5%

Value $16.27M (+10.6%) Shares 48,090 (-1.1%) Est. Cost $82.21 Unrealized —

FDX FEDEX CORP 1.2%

Value $8.05M (-15.8%) Shares 25,707 (-4.2%) Est. Cost $176.15 Unrealized —

V VISA INC 2.0%

Value $12.98M (+11.4%) Shares 37,842 (-1.9%) Est. Cost $112.74 Unrealized —

JPM JPMORGAN CHASE & CO 2.7%

Value $17.81M (+7.8%) Shares 54,419 (-3.1%) Est. Cost $82.65 Unrealized —

MDT MEDTRONIC PLC 0.7%

Value $4.389M (-20.8%) Shares 56,098 (-12.3%) Est. Cost $76.49 Unrealized —

COST COSTCO WHOLESALE CORPORATION 1.9%

Value $12.41M (-7.7%) Shares 13,269 (-1.7%) Est. Cost $162.02 Unrealized —

UNP UNION PAC CORP 1.5%

Value $9.877M (+10.8%) Shares 36,314 (-1.2%) Est. Cost $127.01 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.6%

Value $4.032M (-19.0%) Shares 95,219 (-4.0%) Est. Cost $37.10 Unrealized —

USB US BANCORP 1.0%

Value $6.547M (+11.9%) Shares 108,381 (-3.6%) Est. Cost $41.06 Unrealized —

AMGN AMGEN INC 1.0%

Value $6.34M (-8.6%) Shares 17,507 (-11.2%) Est. Cost $156.41 Unrealized —

GOOGL ALPHABET INC 0.5%

Value $3.393M (+19.7%) Shares 9,493 (-3.7%) Est. Cost $188.46 Unrealized —

SBUX STARBUCKS CORP 0.9%

Value $5.849M (+10.5%) Shares 57,241 (-3.1%) Est. Cost $66.37 Unrealized —

META META PLATFORMS INC 1.4%

Value $9.235M (-4.6%) Shares 16,394 (-3.1%) Est. Cost $589.97 Unrealized —

DIS DISNEY WALT CO 0.9%

Value $5.979M (-6.8%) Shares 62,110 (-6.7%) Est. Cost $106.37 Unrealized —

KKR KKR & CO INC 1.6%

Value $10.36M (-3.5%) Shares 112,929 (-2.7%) Est. Cost $28.50 Unrealized —

PANW PALO ALTO NETWORKS INC 0.1%

Value $655K (+106.3%) Shares 1,920 (-3.0%) Est. Cost $182.84 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 1.0%

Value $6.672M (-4.5%) Shares 50,706 (-1.2%) Est. Cost $96.48 Unrealized —

NBIS NEBIUS GROUP N.V. 0.1%

Value $852K (+57.5%) Shares 3,085 (-40.8%) Est. Cost $35.22 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 0.4%

Value $2.288M (-11.9%) Shares 112,300 (-11.8%) Est. Cost $21.87 Unrealized —

HD HOME DEPOT INC 0.8%

Value $5.256M (+5.3%) Shares 14,904 (-1.8%) Est. Cost $254.90 Unrealized —

FISV FISERV INC 0.2%

Value $1.38M (-15.7%) Shares 28,128 (-4.1%) Est. Cost $70.91 Unrealized —

CENX CENTURY ALUM CO 0.1%

Value $500K (-33.8%) Shares 10,868 (-15.5%) Est. Cost $7.85 Unrealized —

LEA LEAR CORP 0.7%

Value $4.234M (+5.8%) Shares 31,582 (-4.4%) Est. Cost $120.74 Unrealized —

CVX CHEVRON CORPORATION 0.1%

Value $590K (-27.3%) Shares 3,562 (-9.3%) Est. Cost $150.48 Unrealized —

MA MASTERCARD INCORPORATED 2.0%

Value $12.78M (+1.7%) Shares 24,883 (-1.1%) Est. Cost $136.32 Unrealized —

VXF VANGUARD INDEX FDS 0.2%

Value $1.045M (+18.2%) Shares 4,244 (-1.2%) Est. Cost $175.86 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 1.0%

Value $6.234M (-1.8%) Shares 78,880 (-1.5%) Est. Cost $80.96 Unrealized —

JMST J P MORGAN EXCHANGE TRADED F 0.6%

Value $4.024M (-2.7%) Shares 78,894 (-2.8%) Est. Cost $50.70 Unrealized —

ARCC ARES CAPITAL CORP 0.6%

Value $4.155M (-2.3%) Shares 224,244 (-5.0%) Est. Cost $11.92 Unrealized —

APD AIR PRODUCTS AND CHEMICALS I 0.1%

Value $609K (-11.2%) Shares 2,078 (-12.0%) Est. Cost $188.84 Unrealized —

STT STATE STR CORP 0.0%

Value $318K (+30.5%) Shares 1,873 (-2.6%) Est. Cost $90.57 Unrealized —

BX BLACKSTONE INC 0.0%

Value $226K (-19.1%) Shares 1,917 (-21.0%) Est. Cost $154.99 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.0%

Value $260K (-17.0%) Shares 7,815 (-4.2%) Est. Cost $55.41 Unrealized —

BAC BANK OF AMER CORP 0.1%

Value $522K (+9.7%) Shares 9,162 (-6.1%) Est. Cost $44.86 Unrealized —

MRK MERCK & CO INC 0.1%

Value $479K (-6.9%) Shares 3,724 (-12.9%) Est. Cost $92.95 Unrealized —

PG PROCTER & GAMBLE CO 0.0%

Value $203K (-10.7%) Shares 1,383 (-12.1%) Est. Cost $161.87 Unrealized —

BLK BLACKROCK INC 0.0%

Value $261K (-3.4%) Shares 271 (-3.6%) Est. Cost $991.72 Unrealized —

VTEB VANGUARD MUN BD FDS 0.2%

Value $1.143M (-0.4%) Shares 22,597 (-1.7%) Est. Cost $48.94 Unrealized —

GD GENERAL DYNAMICS CORP 1.3%

Value $8.698M (+0.1%) Shares 24,554 (-3.1%) Est. Cost $171.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMAT	APPLIED MATLS INC	19,852 (-1.9%)	$14.35M (+107.5%)	2.2%	$137.07	—	COM	038222105
APH	AMPHENOL CORP	156,471 (-7.2%)	$27.59M (+29.5%)	4.2%	$43.79	—	CL A	032095101
GOOG	ALPHABET INC	88,966 (-1.2%)	$31.43M (+21.7%)	4.8%	$107.26	—	CAP STK CL C	02079K107
CSCO	CISCO SYS INC	131,942 (-1.2%)	$15.5M (+49.5%)	2.4%	$36.71	—	COM	17275R102
NVS	NOVARTIS AG	19,702 (-51.8%)	$3.088M (-50.6%)	0.5%	$86.04	—	SPONSORED ADR	66987V109
NVDA	NVIDIA CORPORATION	129,063 (-2.1%)	$25.82M (+12.3%)	4.0%	$93.38	—	COM	67066G104
LRCX	LAM RESEARCH CORP	12,640 (-4.5%)	$5.477M (+93.8%)	0.8%	$74.98	—	COM NEW	512807306
MDLZ	MONDELEZ INTL INC	45,866 (-40.8%)	$2.653M (-40.6%)	0.4%	$60.37	—	CL A	609207105
AXP	AMERICAN EXPRESS CO	48,090 (-1.1%)	$16.27M (+10.6%)	2.5%	$82.21	—	COM	025816109
FDX	FEDEX CORP	25,707 (-4.2%)	$8.05M (-15.8%)	1.2%	$176.15	—	COM	31428X106
V	VISA INC	37,842 (-1.9%)	$12.98M (+11.4%)	2.0%	$112.74	—	COM CL A	92826C839
JPM	JPMORGAN CHASE & CO	54,419 (-3.1%)	$17.81M (+7.8%)	2.7%	$82.65	—	COM	46625H100
MDT	MEDTRONIC PLC	56,098 (-12.3%)	$4.389M (-20.8%)	0.7%	$76.49	—	SHS	G5960L103
COST	COSTCO WHOLESALE CORPORATION	13,269 (-1.7%)	$12.41M (-7.7%)	1.9%	$162.02	—	COM	22160K105
UNP	UNION PAC CORP	36,314 (-1.2%)	$9.877M (+10.8%)	1.5%	$127.01	—	COM	907818108
VZ	VERIZON COMMUNICATIONS INC	95,219 (-4.0%)	$4.032M (-19.0%)	0.6%	$37.10	—	COM	92343V104
USB	US BANCORP	108,381 (-3.6%)	$6.547M (+11.9%)	1.0%	$41.06	—	COM NEW	902973304
AMGN	AMGEN INC	17,507 (-11.2%)	$6.34M (-8.6%)	1.0%	$156.41	—	COM	031162100
GOOGL	ALPHABET INC	9,493 (-3.7%)	$3.393M (+19.7%)	0.5%	$188.46	—	CAP STK CL A	02079K305
SBUX	STARBUCKS CORP	57,241 (-3.1%)	$5.849M (+10.5%)	0.9%	$66.37	—	COM	855244109
META	META PLATFORMS INC	16,394 (-3.1%)	$9.235M (-4.6%)	1.4%	$589.97	—	CL A	30303M102
DIS	DISNEY WALT CO	62,110 (-6.7%)	$5.979M (-6.8%)	0.9%	$106.37	—	COM	254687106
KKR	KKR & CO INC	112,929 (-2.7%)	$10.36M (-3.5%)	1.6%	$28.50	—	COM	48251W104
PANW	PALO ALTO NETWORKS INC	1,920 (-3.0%)	$655K (+106.3%)	0.1%	$182.84	—	COM	697435105
AWK	AMERICAN WTR WKS CO INC NEW	50,706 (-1.2%)	$6.672M (-4.5%)	1.0%	$96.48	—	COM	030420103
NBIS	NEBIUS GROUP N.V.	3,085 (-40.8%)	$852K (+57.5%)	0.1%	$35.22	—	SHS CLASS A	N97284108
BKLN	INVESCO EXCH TRADED FD TR II	112,300 (-11.8%)	$2.288M (-11.9%)	0.4%	$21.87	—	SR LN ETF	46138G508
HD	HOME DEPOT INC	14,904 (-1.8%)	$5.256M (+5.3%)	0.8%	$254.90	—	COM	437076102
FISV	FISERV INC	28,128 (-4.1%)	$1.38M (-15.7%)	0.2%	$70.91	—	COM	337738108
CENX	CENTURY ALUM CO	10,868 (-15.5%)	$500K (-33.8%)	0.1%	$7.85	—	COM	156431108
LEA	LEAR CORP	31,582 (-4.4%)	$4.234M (+5.8%)	0.7%	$120.74	—	COM NEW	521865204
CVX	CHEVRON CORPORATION	3,562 (-9.3%)	$590K (-27.3%)	0.1%	$150.48	—	COM	166764100
MA	MASTERCARD INCORPORATED	24,883 (-1.1%)	$12.78M (+1.7%)	2.0%	$136.32	—	CL A	57636Q104
VXF	VANGUARD INDEX FDS	4,244 (-1.2%)	$1.045M (+18.2%)	0.2%	$175.86	—	EXTEND MKT ETF	922908652
VCSH	VANGUARD SCOTTSDALE FDS	78,880 (-1.5%)	$6.234M (-1.8%)	1.0%	$80.96	—	SHRT TRM CORP BD	92206C409
JMST	J P MORGAN EXCHANGE TRADED F	78,894 (-2.8%)	$4.024M (-2.7%)	0.6%	$50.70	—	ULTRA SHT MUNCPL	46641Q654
ARCC	ARES CAPITAL CORP	224,244 (-5.0%)	$4.155M (-2.3%)	0.6%	$11.92	—	COM	04010L103
APD	AIR PRODUCTS AND CHEMICALS I	2,078 (-12.0%)	$609K (-11.2%)	0.1%	$188.84	—	COM	009158106
STT	STATE STR CORP	1,873 (-2.6%)	$318K (+30.5%)	0.0%	$90.57	—	COM	857477103
BX	BLACKSTONE INC	1,917 (-21.0%)	$226K (-19.1%)	0.0%	$154.99	—	COM	09260D107
IBIT	ISHARES BITCOIN TRUST ETF	7,815 (-4.2%)	$260K (-17.0%)	0.0%	$55.41	—	SHS BEN INT	46438F101
BAC	BANK OF AMER CORP	9,162 (-6.1%)	$522K (+9.7%)	0.1%	$44.86	—	COM	060505104
MRK	MERCK & CO INC	3,724 (-12.9%)	$479K (-6.9%)	0.1%	$92.95	—	COM	58933Y105
PG	PROCTER & GAMBLE CO	1,383 (-12.1%)	$203K (-10.7%)	0.0%	$161.87	—	COM	742718109
BLK	BLACKROCK INC	271 (-3.6%)	$261K (-3.4%)	0.0%	$991.72	—	COM	09290D101
VTEB	VANGUARD MUN BD FDS	22,597 (-1.7%)	$1.143M (-0.4%)	0.2%	$48.94	—	TAX EXEMPT BD	922907746
GD	GENERAL DYNAMICS CORP	24,554 (-3.1%)	$8.698M (+0.1%)	1.3%	$171.08	—	COM	369550108

Unchanged Positions (34)

AAPL APPLE INC 5.4%

Value $35.17M Shares 121,530 Est. Cost $95.84 Unrealized —

AMZN AMAZON COM INC 3.3%

Value $21.67M Shares 90,903 Est. Cost $125.18 Unrealized —

ASML ASML HLDG NV 0.8%

Value $4.886M Shares 2,456 Est. Cost $773.58 Unrealized —

MCD MCDONALDS CORP 1.2%

Value $7.594M Shares 28,095 Est. Cost $153.55 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 3.8%

Value $24.71M Shares 33 Est. Cost $729330.75 Unrealized —

IAU ISHARES GOLD TR 0.5%

Value $3.274M Shares 43,353 Est. Cost $88.16 Unrealized —

JNJ JOHNSON & JOHNSON 1.9%

Value $12.33M Shares 48,537 Est. Cost $110.74 Unrealized —

TJX TJX COS INC NEW 0.8%

Value $5.015M Shares 33,102 Est. Cost $99.32 Unrealized —

XOM EXXON MOBIL CORP 0.2%

Value $1.252M Shares 9,160 Est. Cost $48.27 Unrealized —

MSFT MICROSOFT CORP 4.3%

Value $28.11M Shares 75,347 Est. Cost $140.30 Unrealized —

HPE HEWLETT PACKARD ENTERPRISE C 0.1%

Value $498K Shares 11,030 Est. Cost $14.20 Unrealized —

EXP EAGLE MATLS INC 0.2%

Value $1.135M Shares 5,043 Est. Cost $236.06 Unrealized —

FAST FASTENAL CO 0.6%

Value $3.695M Shares 76,940 Est. Cost $29.38 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 1.3%

Value $8.382M Shares 16,718 Est. Cost $249.36 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 1.7%

Value $10.87M Shares 214,996 Est. Cost $50.53 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.1%

Value $382K Shares 800 Est. Cost $279.29 Unrealized —

ETN EATON CORP PLC 0.1%

Value $645K Shares 1,514 Est. Cost $308.54 Unrealized —

PEP PEPSICO INC 0.1%

Value $579K Shares 4,278 Est. Cost $143.65 Unrealized —

FELG FIDELITY COVINGTON TRUST 0.1%

Value $555K Shares 12,675 Est. Cost $26.23 Unrealized —

XLF SELECT SECTOR SPDR TR 0.2%

Value $1.033M Shares 19,271 Est. Cost $49.60 Unrealized —

SLV ISHARES SILVER TR 0.0%

Value $264K Shares 4,933 Est. Cost $42.37 Unrealized —

TDG TRANSDIGM GROUP INC 0.1%

Value $522K Shares 392 Est. Cost $1247.54 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 0.1%

Value $534K Shares 3,405 Est. Cost $116.28 Unrealized —

SPGM SPDR INDEX SHS FDS 0.1%

Value $459K Shares 5,355 Est. Cost $71.02 Unrealized —

VTOL BRISTOW GROUP INC 0.0%

Value $290K Shares 7,025 Est. Cost $34.32 Unrealized —

GATX GATX CORP 0.2%

Value $1.037M Shares 5,853 Est. Cost $157.11 Unrealized —

HPQ HP INC 0.0%

Value $296K Shares 13,500 Est. Cost $27.12 Unrealized —

WFC WELLS FARGO & CO 0.1%

Value $784K Shares 9,484 Est. Cost $37.64 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value $274K Shares 1,225 Est. Cost $295.41 Unrealized —

MMM 3M CO 0.0%

Value $235K Shares 1,451 Est. Cost $144.58 Unrealized —

SMHI SEACOR MARINE HLDGS INC 0.1%

Value $352K Shares 46,038 Est. Cost $9.12 Unrealized —

BA BOEING CO 0.0%

Value $231K Shares 1,066 Est. Cost $188.88 Unrealized —

DAVA ENDAVA PLC 0.0%

Value $28,300 Shares 10,000 Est. Cost $6.32 Unrealized —

WMB WILLIAMS COS INC 0.0%

Value $259K Shares 3,483 Est. Cost $55.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	121,530	$35.17M	5.4%	$95.84	—	COM	037833100
AMZN	AMAZON COM INC	90,903	$21.67M	3.3%	$125.18	—	COM	023135106
ASML	ASML HLDG NV	2,456	$4.886M	0.8%	$773.58	—	N Y REGISTRY SHS	N07059210
MCD	MCDONALDS CORP	28,095	$7.594M	1.2%	$153.55	—	COM	580135101
BRK/A	BERKSHIRE HATHAWAY INC DEL	33	$24.71M	3.8%	$729330.75	—	CL A	084670108
IAU	ISHARES GOLD TR	43,353	$3.274M	0.5%	$88.16	—	ISHARES NEW	464285204
JNJ	JOHNSON & JOHNSON	48,537	$12.33M	1.9%	$110.74	—	COM	478160104
TJX	TJX COS INC NEW	33,102	$5.015M	0.8%	$99.32	—	COM	872540109
XOM	EXXON MOBIL CORP	9,160	$1.252M	0.2%	$48.27	—	COM	30231G102
MSFT	MICROSOFT CORP	75,347	$28.11M	4.3%	$140.30	—	COM	594918104
HPE	HEWLETT PACKARD ENTERPRISE C	11,030	$498K	0.1%	$14.20	—	COM	42824C109
EXP	EAGLE MATLS INC	5,043	$1.135M	0.2%	$236.06	—	COM	26969P108
FAST	FASTENAL CO	76,940	$3.695M	0.6%	$29.38	—	COM	311900104
TMO	THERMO FISHER SCIENTIFIC INC	16,718	$8.382M	1.3%	$249.36	—	COM	883556102
JPST	J P MORGAN EXCHANGE TRADED F	214,996	$10.87M	1.7%	$50.53	—	ULTRA SHRT ETF	46641Q837
TSM	TAIWAN SEMICONDUCTOR MANUFAC	800	$382K	0.1%	$279.29	—	SPONSORED ADS	874039100
ETN	EATON CORP PLC	1,514	$645K	0.1%	$308.54	—	SHS	G29183103
PEP	PEPSICO INC	4,278	$579K	0.1%	$143.65	—	COM	713448108
FELG	FIDELITY COVINGTON TRUST	12,675	$555K	0.1%	$26.23	—	ENHANCED LARGE	31609A305
XLF	SELECT SECTOR SPDR TR	19,271	$1.033M	0.2%	$49.60	—	ST STR FINL ETF	81369Y605
SLV	ISHARES SILVER TR	4,933	$264K	0.0%	$42.37	—	ISHARES	46428Q109
TDG	TRANSDIGM GROUP INC	392	$522K	0.1%	$1247.54	—	COM	893641100
VT	VANGUARD INTL EQUITY INDEX F	3,405	$534K	0.1%	$116.28	—	TT WRLD ST ETF	922042742
SPGM	SPDR INDEX SHS FDS	5,355	$459K	0.1%	$71.02	—	ST STR MSCI GLB	78463X475
VTOL	BRISTOW GROUP INC	7,025	$290K	0.0%	$34.32	—	COM	11040G103
GATX	GATX CORP	5,853	$1.037M	0.2%	$157.11	—	COM	361448103
HPQ	HP INC	13,500	$296K	0.0%	$27.12	—	COM	40434L105
WFC	WELLS FARGO & CO	9,484	$784K	0.1%	$37.64	—	COM	949746101
ADP	AUTOMATIC DATA PROCESSING IN	1,225	$274K	0.0%	$295.41	—	COM	053015103
MMM	3M CO	1,451	$235K	0.0%	$144.58	—	COM	88579Y101
SMHI	SEACOR MARINE HLDGS INC	46,038	$352K	0.1%	$9.12	—	COM	78413P101
BA	BOEING CO	1,066	$231K	0.0%	$188.88	—	COM	097023105
DAVA	ENDAVA PLC	10,000	$28,300	0.0%	$6.32	—	ADS	29260V105
WMB	WILLIAMS COS INC	3,483	$259K	0.0%	$55.43	—	COM	969457100