Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MRSH	MARSH & MCLENNAN COS INC COM	71,270	$12.17M	1.1%	$170.73	$182.92	-6.7%	Stock	571748102
ZTS	ZOETIS INC CL A	167,241	$11.68M	1.1%	$69.83	$74.74	-6.6%	Stock	98978V103
VUSB	VANGUARD ULTRA-SHORT BOND ETF	8,003	$397K	0.0%	$49.55	$49.65	-0.2%	ETF	92203C303
PSX	PHILLIPS 66 COM	852	$218K	0.0%	$255.31	$228.44	+11.8%	Stock	718546104
INTC	INTEL CORP COM	1,807	$217K	0.0%	$120.23	$102.00	+17.9%	Stock	458140100
ADP	AUTOMATIC DATA PROCESSING INC COM	800	$206K	0.0%	$258.06	$265.28	-2.7%	Stock	053015103

Increased Positions (45)

BSV VANGUARD SHORT-TERM BOND ETF 12.9%

Value $136M (+538.8%) Shares 1,784,911 (+551.4%) Share Price $76.40 Est. Cost/Share $77.43 Unrealized @ Report Date -1.3%

VTIP VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF 7.6%

Value $80.39M (+36963.6%) Shares 1,633,246 (+37724.1%) Share Price $49.22 Est. Cost/Share $49.60 Unrealized @ Report Date -0.8%

BIV VANGUARD INTERMEDIATE-TERM BOND ETF 6.2%

Value $65.34M (+448.0%) Shares 896,849 (+476.9%) Share Price $72.86 Est. Cost/Share $75.46 Unrealized @ Report Date -3.4%

CVX CHEVRON CORPORATION COM 1.8%

Value $19.45M (+24.9%) Shares 95,265 (+1.4%) Share Price $204.21 Est. Cost/Share $100.25 Unrealized @ Report Date +103.7%

SHEL SHELL PLC SPON ADS 1.9%

Value $19.62M (+23.8%) Shares 206,455 (+1.0%) Share Price $95.05 Est. Cost/Share $55.59 Unrealized @ Report Date +71.0%

AMRZ AMRIZE LTD SHS 0.9%

Value $9.901M (-22.7%) Shares 264,812 (+10.1%) Share Price $37.39 Est. Cost/Share $51.05 Unrealized @ Report Date -26.8%

PFE PFIZER INC COM 1.3%

Value $13.5M (+24.8%) Shares 473,320 (+5.3%) Share Price $28.52 Est. Cost/Share $27.79 Unrealized @ Report Date +2.6%

VGK VANGUARD FTSE EUROPE ETF 1.6%

Value $17.2M (+13.1%) Shares 198,110 (+15.4%) Share Price $86.80 Est. Cost/Share $79.15 Unrealized @ Report Date +9.7%

VPU VANGUARD UTILITIES ETF 1.5%

Value $16.08M (-10.3%) Shares 94,010 (+2.7%) Share Price $171.00 Est. Cost/Share $143.99 Unrealized @ Report Date +18.8%

TTE TOTALENERGIES SE ACT 1.6%

Value $16.74M (+11.8%) Shares 195,741 (+1.6%) Share Price $85.50 Est. Cost/Share $76.57 Unrealized @ Report Date +11.7%

MDT MEDTRONIC PLC SHS 1.3%

Value $13.33M (+14.9%) Shares 154,429 (+4.2%) Share Price $86.29 Est. Cost/Share $78.66 Unrealized @ Report Date +9.7%

ABT ABBOTT LABORATORIES COM 1.2%

Value $12.83M (+14.9%) Shares 129,788 (+5.4%) Share Price $98.83 Est. Cost/Share $81.73 Unrealized @ Report Date +20.9%

DEO DIAGEO PLC SPON ADR NEW 1.1%

Value $11.38M (+14.2%) Shares 132,889 (+7.3%) Share Price $85.60 Est. Cost/Share $111.33 Unrealized @ Report Date -23.1%

LOW LOWES COS INC COM 1.3%

Value $13.24M (-9.6%) Shares 71,825 (+8.2%) Share Price $184.29 Est. Cost/Share $129.88 Unrealized @ Report Date +41.9%

O REALTY INCOME CORP COM 1.1%

Value $12.13M (-9.3%) Shares 223,333 (+3.5%) Share Price $54.30 Est. Cost/Share $57.27 Unrealized @ Report Date —

GPC GENUINE PARTS CO COM 1.3%

Value $13.24M (+9.5%) Shares 105,298 (+2.8%) Share Price $125.74 Est. Cost/Share $117.49 Unrealized @ Report Date +7.0%

KMB KIMBERLY-CLARK CORP COM 1.1%

Value $11.63M (-7.1%) Shares 119,394 (+4.7%) Share Price $97.43 Est. Cost/Share $104.89 Unrealized @ Report Date -7.1%

FDX FEDEX CORP COM 1.4%

Value $14.61M (-5.3%) Shares 51,258 (+4.1%) Share Price $285.09 Est. Cost/Share $184.44 Unrealized @ Report Date +54.6%

BA BOEING CO COM 1.0%

Value $10.48M (-4.9%) Shares 56,317 (+10.6%) Share Price $186.05 Est. Cost/Share $219.57 Unrealized @ Report Date -15.3%

MMM 3M CO COM 1.4%

Value $15.2M (+3.6%) Shares 92,599 (+2.2%) Share Price $164.15 Est. Cost/Share $111.82 Unrealized @ Report Date +46.8%

SYY SYSCO CORP COM 1.3%

Value $13.9M (-3.7%) Shares 178,240 (+3.3%) Share Price $77.96 Est. Cost/Share $63.15 Unrealized @ Report Date +23.5%

PG PROCTER & GAMBLE CO COM 1.3%

Value $13.89M (+3.5%) Shares 95,589 (+4.5%) Share Price $145.28 Est. Cost/Share $112.94 Unrealized @ Report Date +28.6%

VTI VANGUARD MORNINGSTAR TOTAL STOCK MARKET ETF 0.8%

Value $8.56M (+5.8%) Shares 22,874 (+4.6%) Share Price $374.24 Est. Cost/Share $292.01 Unrealized @ Report Date +28.2%

LMT LOCKHEED MARTIN CORP COM 1.2%

Value $13.1M (+3.0%) Shares 25,724 (+3.0%) Share Price $509.25 Est. Cost/Share $388.37 Unrealized @ Report Date +31.1%

SPCX SPACE EXPLORATION TECHN CORP CLASS A COM STK 0.1%

Value $584K (+162.4%) Shares 3,869 (+197.2%) Share Price $150.86 Est. Cost/Share $149.27 Unrealized @ Report Date +1.1%

WFC WELLS FARGO & CO COM 1.6%

Value $17.04M (-1.8%) Shares 212,829 (+1.4%) Share Price $80.05 Est. Cost/Share $41.79 Unrealized @ Report Date +91.6%

VTV VANGUARD MORNINGSTAR VALUE ETF 0.2%

Value $2.14M (+16.2%) Shares 9,903 (+17.2%) Share Price $216.08 Est. Cost/Share $185.25 Unrealized @ Report Date +16.6%

ECG EVERUS CONSTR GROUP COM 0.1%

Value $754K (-19.6%) Shares 6,419 (+13.5%) Share Price $117.52 Est. Cost/Share $70.84 Unrealized @ Report Date +65.9%

AAON AAON INC COM PAR $0.004 1.8%

Value $18.82M (-0.9%) Shares 227,453 (+51.9%) Share Price $82.76 Est. Cost/Share $84.08 Unrealized @ Report Date -1.6%

KNF KNIFE RIVER CORP COMMON STOCK 0.0%

Value $271K (-29.8%) Shares 5,384 (+16.5%) Share Price $50.42 Est. Cost/Share $74.07 Unrealized @ Report Date -31.9%

OTIS OTIS WORLDWIDE CORP COM 1.0%

Value $10.69M (-0.8%) Shares 166,248 (+10.4%) Share Price $64.32 Est. Cost/Share $68.53 Unrealized @ Report Date -6.1%

SPY STATE STREET SPDR S&P 500 ETF 0.1%

Value $1.002M (+7.6%) Shares 1,314 (+5.4%) Share Price $762.63 Est. Cost/Share $555.04 Unrealized @ Report Date +37.4%

AMZN AMAZON COM INC COM 0.1%

Value $832K (+8.4%) Shares 3,341 (+3.7%) Share Price $249.15 Est. Cost/Share $162.29 Unrealized @ Report Date +53.5%

MGK VANGUARD MORNINGSTAR MEGA CAP GROWTH ETF 0.0%

Value $450K (+15.5%) Shares 4,861 (+9.6%) Share Price $92.65 Est. Cost/Share $84.38 Unrealized @ Report Date +9.8%

IVV ISHARES CORE S&P 500 ETF 0.0%

Value $386K (+15.6%) Shares 504 (+13.0%) Share Price $765.85 Est. Cost/Share $585.99 Unrealized @ Report Date +30.7%

QQQ INVESCO QQQ TRUST SERIES I 0.0%

Value $334K (+14.7%) Shares 452 (+14.1%) Share Price $739.77 Est. Cost/Share $590.21 Unrealized @ Report Date +25.3%

PEP PEPSICO INC COM 1.1%

Value $11.76M (+0.2%) Shares 92,828 (+7.1%) Share Price $126.72 Est. Cost/Share $123.87 Unrealized @ Report Date +2.3%

ETN EATON CORP PLC SHS 0.0%

Value $238K (+13.6%) Shares 553 (+12.6%) Share Price $429.71 Est. Cost/Share $404.85 Unrealized @ Report Date +6.1%

EBMT EAGLE BANCORP MONT INC COM 0.1%

Value $684K (-3.6%) Shares 32,502 (+9.5%) Share Price $21.06 Est. Cost/Share $17.71 Unrealized @ Report Date +18.9%

UNH UNITEDHEALTH GROUP INC COM 0.0%

Value $235K (-7.6%) Shares 641 (+4.7%) Share Price $366.85 Est. Cost/Share $372.09 Unrealized @ Report Date -1.3%

TSLA TESLA INC COM 0.0%

Value $286K (+5.7%) Shares 807 (+25.3%) Share Price $354.81 Est. Cost/Share $389.67 Unrealized @ Report Date -8.9%

AVGO BROADCOM INC COM 0.1%

Value $945K (-1.5%) Shares 2,691 (+6.0%) Share Price $351.19 Est. Cost/Share $285.14 Unrealized @ Report Date +23.2%

AGG ISHARES CORE U.S. AGGREGATE BOND ETF 0.0%

Value $236K (-2.7%) Shares 2,494 (+1.8%) Share Price $94.54 Est. Cost/Share $99.67 Unrealized @ Report Date -5.1%

MDU MDU RES GROUP INC COM 0.0%

Value $474K (-0.7%) Shares 25,554 (+13.6%) Share Price $18.54 Est. Cost/Share $14.10 Unrealized @ Report Date +31.5%

MLI MUELLER INDS INC COM 0.0%

Value $238K (-1.4%) Shares 3,934 (+100.0%) Share Price $60.61 Est. Cost/Share $84.84 Unrealized @ Report Date -28.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BSV	VANGUARD SHORT-TERM BOND ETF	1,784,911 (+551.4%)	$136M (+538.8%)	12.9%	$76.40	$77.43	-1.3%	ETF	921937827
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF	1,633,246 (+37724.1%)	$80.39M (+36963.6%)	7.6%	$49.22	$49.60	-0.8%	ETF	922020805
BIV	VANGUARD INTERMEDIATE-TERM BOND ETF	896,849 (+476.9%)	$65.34M (+448.0%)	6.2%	$72.86	$75.46	-3.4%	ETF	921937819
CVX	CHEVRON CORPORATION COM	95,265 (+1.4%)	$19.45M (+24.9%)	1.8%	$204.21	$100.25	+103.7%	Stock	166764100
SHEL	SHELL PLC SPON ADS	206,455 (+1.0%)	$19.62M (+23.8%)	1.9%	$95.05	$55.59	+71.0%	ADR	780259305
AMRZ	AMRIZE LTD SHS	264,812 (+10.1%)	$9.901M (-22.7%)	0.9%	$37.39	$51.05	-26.8%	Stock	H2927K103
PFE	PFIZER INC COM	473,320 (+5.3%)	$13.5M (+24.8%)	1.3%	$28.52	$27.79	+2.6%	Stock	717081103
VGK	VANGUARD FTSE EUROPE ETF	198,110 (+15.4%)	$17.2M (+13.1%)	1.6%	$86.80	$79.15	+9.7%	ETF	922042874
VPU	VANGUARD UTILITIES ETF	94,010 (+2.7%)	$16.08M (-10.3%)	1.5%	$171.00	$143.99	+18.8%	ETF	92204A876
TTE	TOTALENERGIES SE ACT	195,741 (+1.6%)	$16.74M (+11.8%)	1.6%	$85.50	$76.57	+11.7%	Stock	F92124100
MDT	MEDTRONIC PLC SHS	154,429 (+4.2%)	$13.33M (+14.9%)	1.3%	$86.29	$78.66	+9.7%	Stock	G5960L103
ABT	ABBOTT LABORATORIES COM	129,788 (+5.4%)	$12.83M (+14.9%)	1.2%	$98.83	$81.73	+20.9%	Stock	002824100
DEO	DIAGEO PLC SPON ADR NEW	132,889 (+7.3%)	$11.38M (+14.2%)	1.1%	$85.60	$111.33	-23.1%	ADR	25243Q205
LOW	LOWES COS INC COM	71,825 (+8.2%)	$13.24M (-9.6%)	1.3%	$184.29	$129.88	+41.9%	Stock	548661107
O	REALTY INCOME CORP COM	223,333 (+3.5%)	$12.13M (-9.3%)	1.1%	$54.30	$57.27	—	REIT	756109104
GPC	GENUINE PARTS CO COM	105,298 (+2.8%)	$13.24M (+9.5%)	1.3%	$125.74	$117.49	+7.0%	Stock	372460105
KMB	KIMBERLY-CLARK CORP COM	119,394 (+4.7%)	$11.63M (-7.1%)	1.1%	$97.43	$104.89	-7.1%	Stock	494368103
FDX	FEDEX CORP COM	51,258 (+4.1%)	$14.61M (-5.3%)	1.4%	$285.09	$184.44	+54.6%	Stock	31428X106
BA	BOEING CO COM	56,317 (+10.6%)	$10.48M (-4.9%)	1.0%	$186.05	$219.57	-15.3%	Stock	097023105
MMM	3M CO COM	92,599 (+2.2%)	$15.2M (+3.6%)	1.4%	$164.15	$111.82	+46.8%	Stock	88579Y101
SYY	SYSCO CORP COM	178,240 (+3.3%)	$13.9M (-3.7%)	1.3%	$77.96	$63.15	+23.5%	Stock	871829107
PG	PROCTER & GAMBLE CO COM	95,589 (+4.5%)	$13.89M (+3.5%)	1.3%	$145.28	$112.94	+28.6%	Stock	742718109
VTI	VANGUARD MORNINGSTAR TOTAL STOCK MARKET ETF	22,874 (+4.6%)	$8.56M (+5.8%)	0.8%	$374.24	$292.01	+28.2%	ETF	922908769
LMT	LOCKHEED MARTIN CORP COM	25,724 (+3.0%)	$13.1M (+3.0%)	1.2%	$509.25	$388.37	+31.1%	Stock	539830109
SPCX	SPACE EXPLORATION TECHN CORP CLASS A COM STK	3,869 (+197.2%)	$584K (+162.4%)	0.1%	$150.86	$149.27	+1.1%	Stock	84615Q103
WFC	WELLS FARGO & CO COM	212,829 (+1.4%)	$17.04M (-1.8%)	1.6%	$80.05	$41.79	+91.6%	Stock	949746101
VTV	VANGUARD MORNINGSTAR VALUE ETF	9,903 (+17.2%)	$2.14M (+16.2%)	0.2%	$216.08	$185.25	+16.6%	ETF	922908744
ECG	EVERUS CONSTR GROUP COM	6,419 (+13.5%)	$754K (-19.6%)	0.1%	$117.52	$70.84	+65.9%	Stock	300426103
AAON	AAON INC COM PAR $0.004	227,453 (+51.9%)	$18.82M (-0.9%)	1.8%	$82.76	$84.08	-1.6%	Stock	000360206
KNF	KNIFE RIVER CORP COMMON STOCK	5,384 (+16.5%)	$271K (-29.8%)	0.0%	$50.42	$74.07	-31.9%	Stock	498894104
OTIS	OTIS WORLDWIDE CORP COM	166,248 (+10.4%)	$10.69M (-0.8%)	1.0%	$64.32	$68.53	-6.1%	Stock	68902V107
SPY	STATE STREET SPDR S&P 500 ETF	1,314 (+5.4%)	$1.002M (+7.6%)	0.1%	$762.63	$555.04	+37.4%	ETF	78462F103
AMZN	AMAZON COM INC COM	3,341 (+3.7%)	$832K (+8.4%)	0.1%	$249.15	$162.29	+53.5%	Stock	023135106
MGK	VANGUARD MORNINGSTAR MEGA CAP GROWTH ETF	4,861 (+9.6%)	$450K (+15.5%)	0.0%	$92.65	$84.38	+9.8%	ETF	921910816
IVV	ISHARES CORE S&P 500 ETF	504 (+13.0%)	$386K (+15.6%)	0.0%	$765.85	$585.99	+30.7%	ETF	464287200
QQQ	INVESCO QQQ TRUST SERIES I	452 (+14.1%)	$334K (+14.7%)	0.0%	$739.77	$590.21	+25.3%	ETF	46090E103
PEP	PEPSICO INC COM	92,828 (+7.1%)	$11.76M (+0.2%)	1.1%	$126.72	$123.87	+2.3%	Stock	713448108
ETN	EATON CORP PLC SHS	553 (+12.6%)	$238K (+13.6%)	0.0%	$429.71	$404.85	+6.1%	Stock	G29183103
EBMT	EAGLE BANCORP MONT INC COM	32,502 (+9.5%)	$684K (-3.6%)	0.1%	$21.06	$17.71	+18.9%	Stock	26942G100
UNH	UNITEDHEALTH GROUP INC COM	641 (+4.7%)	$235K (-7.6%)	0.0%	$366.85	$372.09	-1.3%	Stock	91324P102
TSLA	TESLA INC COM	807 (+25.3%)	$286K (+5.7%)	0.0%	$354.81	$389.67	-8.9%	Stock	88160R101
AVGO	BROADCOM INC COM	2,691 (+6.0%)	$945K (-1.5%)	0.1%	$351.19	$285.14	+23.2%	Stock	11135F101
AGG	ISHARES CORE U.S. AGGREGATE BOND ETF	2,494 (+1.8%)	$236K (-2.7%)	0.0%	$94.54	$99.67	-5.1%	ETF	464287226
MDU	MDU RES GROUP INC COM	25,554 (+13.6%)	$474K (-0.7%)	0.0%	$18.54	$14.10	+31.5%	Stock	552690109
MLI	MUELLER INDS INC COM	3,934 (+100.0%)	$238K (-1.4%)	0.0%	$60.61	$84.84	-28.6%	Stock	624756102

Exited Positions (4)

AXP AMERICAN EXPRESS CO COM 0.0%

Value $335K Shares 989 Share Price $338.25 * Est. Cost/Share $283.58 Unrealized @ Report Date +7.2%

CMI CUMMINS INC COM 0.0%

Value $295K Shares 413 Share Price $713.21 * Est. Cost/Share $466.32 Unrealized @ Report Date +10.8%

DAL DELTA AIR LINES INC COM NEW 0.0%

Value $216K Shares 2,303 Share Price $93.69 * Est. Cost/Share $75.49 Unrealized @ Report Date +10.6%

MO ALTRIA GROUP INC COM 0.0%

Value $201K Shares 2,800 Share Price $71.95 * Est. Cost/Share $69.80 Unrealized @ Report Date -3.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AXP	AMERICAN EXPRESS CO COM	989	$335K	0.0%	$338.25 *	$283.58	+7.2%	—	025816109
CMI	CUMMINS INC COM	413	$295K	0.0%	$713.21 *	$466.32	+10.8%	—	231021106
DAL	DELTA AIR LINES INC COM NEW	2,303	$216K	0.0%	$93.69 *	$75.49	+10.6%	—	247361702
MO	ALTRIA GROUP INC COM	2,800	$201K	0.0%	$71.95 *	$69.80	-3.5%	—	02209S103

Decreased Positions (17)

VCSH VANGUARD SHORT-TERM CORPORATE BOND ETF 0.1%

Value $549K (-95.5%) Shares 7,112 (-95.4%) Share Price $77.25 Est. Cost/Share $79.05 Unrealized @ Report Date -2.3%

SCHD SCHWAB US DIVIDEND EQUITY ETF 4.7%

Value $50.13M (-15.5%) Shares 1,540,888 (-17.7%) Share Price $32.53 Est. Cost/Share $28.01 Unrealized @ Report Date +16.1%

VHT VANGUARD HEALTH CARE ETF 4.3%

Value $45.9M (-15.2%) Shares 145,231 (-19.7%) Share Price $316.08 Est. Cost/Share $207.90 Unrealized @ Report Date +52.0%

CAT CATERPILLAR INC COM 1.5%

Value $15.66M (-26.8%) Shares 19,317 (-3.8%) Share Price $810.79 Est. Cost/Share $137.77 Unrealized @ Report Date +488.5%

GS GOLDMAN SACHS GROUP INC COM 1.7%

Value $18.29M (-12.0%) Shares 20,312 (-1.2%) Share Price $900.36 Est. Cost/Share $325.02 Unrealized @ Report Date +177.0%

TGT TARGET CORP COM 1.5%

Value $15.96M (+16.5%) Shares 101,846 (-2.9%) Share Price $156.69 Est. Cost/Share $94.32 Unrealized @ Report Date +66.1%

AAPL APPLE INC COM 1.5%

Value $15.39M (+11.7%) Shares 46,206 (-2.9%) Share Price $333.02 Est. Cost/Share $94.17 Unrealized @ Report Date +253.6%

STT STATE STR CORP COM 1.9%

Value $19.81M (-4.8%) Shares 113,473 (-7.6%) Share Price $174.59 Est. Cost/Share $70.95 Unrealized @ Report Date +146.1%

FDXF FEDEX FGHT HLDG CO INC COMMON STOCK 0.0%

Value $388K (-46.5%) Shares 3,549 (-26.2%) Share Price $109.38 Est. Cost/Share $163.79 Unrealized @ Report Date -33.2%

WMT WALMART INC COM 0.2%

Value $1.96M (-14.7%) Shares 18,860 (-7.0%) Share Price $103.92 Est. Cost/Share $53.37 Unrealized @ Report Date +94.7%

EMR EMERSON ELEC CO COM 0.3%

Value $3.627M (+4.6%) Shares 23,387 (-3.5%) Share Price $155.10 Est. Cost/Share $63.77 Unrealized @ Report Date +143.2%

GOOGL ALPHABET INC CAP STK CL A 0.1%

Value $1.186M (-10.8%) Shares 3,448 (-7.3%) Share Price $344.05 Est. Cost/Share $132.82 Unrealized @ Report Date +159.1%

COST COSTCO WHOLESALE CORPORATION COM 0.1%

Value $1.175M (-10.1%) Shares 1,291 (-7.7%) Share Price $910.34 Est. Cost/Share $819.41 Unrealized @ Report Date +11.1%

GOOG ALPHABET INC CAP STK CL C 0.1%

Value $733K (-14.7%) Shares 2,150 (-11.5%) Share Price $340.74 Est. Cost/Share $192.42 Unrealized @ Report Date +77.1%

ORCL ORACLE CORP COM 0.0%

Value $240K (-20.0%) Shares 1,750 (-14.6%) Share Price $137.33 Est. Cost/Share $131.87 Unrealized @ Report Date +4.1%

COP CONOCOPHILLIPS COM 0.0%

Value $323K (+13.3%) Shares 2,577 (-5.8%) Share Price $125.15 Est. Cost/Share $96.79 Unrealized @ Report Date +29.3%

ABBV ABBVIE INC COM 0.1%

Value $573K (-0.6%) Shares 2,192 (-4.4%) Share Price $261.59 Est. Cost/Share $161.17 Unrealized @ Report Date +62.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VCSH	VANGUARD SHORT-TERM CORPORATE BOND ETF	7,112 (-95.4%)	$549K (-95.5%)	0.1%	$77.25	$79.05	-2.3%	ETF	92206C409
SCHD	SCHWAB US DIVIDEND EQUITY ETF	1,540,888 (-17.7%)	$50.13M (-15.5%)	4.7%	$32.53	$28.01	+16.1%	ETF	808524797
VHT	VANGUARD HEALTH CARE ETF	145,231 (-19.7%)	$45.9M (-15.2%)	4.3%	$316.08	$207.90	+52.0%	ETF	92204A504
CAT	CATERPILLAR INC COM	19,317 (-3.8%)	$15.66M (-26.8%)	1.5%	$810.79	$137.77	+488.5%	Stock	149123101
GS	GOLDMAN SACHS GROUP INC COM	20,312 (-1.2%)	$18.29M (-12.0%)	1.7%	$900.36	$325.02	+177.0%	Stock	38141G104
TGT	TARGET CORP COM	101,846 (-2.9%)	$15.96M (+16.5%)	1.5%	$156.69	$94.32	+66.1%	Stock	87612E106
AAPL	APPLE INC COM	46,206 (-2.9%)	$15.39M (+11.7%)	1.5%	$333.02	$94.17	+253.6%	Stock	037833100
STT	STATE STR CORP COM	113,473 (-7.6%)	$19.81M (-4.8%)	1.9%	$174.59	$70.95	+146.1%	Stock	857477103
FDXF	FEDEX FGHT HLDG CO INC COMMON STOCK	3,549 (-26.2%)	$388K (-46.5%)	0.0%	$109.38	$163.79	-33.2%	Stock	314352105
WMT	WALMART INC COM	18,860 (-7.0%)	$1.96M (-14.7%)	0.2%	$103.92	$53.37	+94.7%	Stock	931142103
EMR	EMERSON ELEC CO COM	23,387 (-3.5%)	$3.627M (+4.6%)	0.3%	$155.10	$63.77	+143.2%	Stock	291011104
GOOGL	ALPHABET INC CAP STK CL A	3,448 (-7.3%)	$1.186M (-10.8%)	0.1%	$344.05	$132.82	+159.1%	Stock	02079K305
COST	COSTCO WHOLESALE CORPORATION COM	1,291 (-7.7%)	$1.175M (-10.1%)	0.1%	$910.34	$819.41	+11.1%	Stock	22160K105
GOOG	ALPHABET INC CAP STK CL C	2,150 (-11.5%)	$733K (-14.7%)	0.1%	$340.74	$192.42	+77.1%	Stock	02079K107
ORCL	ORACLE CORP COM	1,750 (-14.6%)	$240K (-20.0%)	0.0%	$137.33	$131.87	+4.1%	Stock	68389X105
COP	CONOCOPHILLIPS COM	2,577 (-5.8%)	$323K (+13.3%)	0.0%	$125.15	$96.79	+29.3%	Stock	20825C104
ABBV	ABBVIE INC COM	2,192 (-4.4%)	$573K (-0.6%)	0.1%	$261.59	$161.17	+62.3%	Stock	00287Y109

Unchanged Positions (44)

MSFT MICROSOFT CORP COM 3.3%

Value $35.04M Shares 68,320 Share Price $512.90 Est. Cost/Share $124.04 Unrealized @ Report Date +313.5%

XOM EXXONMOBIL HOLDINGS CORP COM SHS 2.0%

Value $21.06M Shares 129,426 Share Price $162.75 Est. Cost/Share $136.72 Unrealized @ Report Date —

DE DEERE & CO COM 1.9%

Value $20.18M Shares 30,057 Share Price $671.55 Est. Cost/Share $211.17 Unrealized @ Report Date +218.0%

BAC BANK OF AMER CORP COM 1.7%

Value $18.2M Shares 334,312 Share Price $54.43 Est. Cost/Share $26.83 Unrealized @ Report Date +102.9%

JNJ JOHNSON & JOHNSON COM 1.9%

Value $20.07M Shares 75,800 Share Price $264.74 Est. Cost/Share $132.66 Unrealized @ Report Date +99.6%

USB US BANCORP COM NEW 1.5%

Value $16.27M Shares 281,617 Share Price $57.76 Est. Cost/Share $38.41 Unrealized @ Report Date +50.4%

RTX RTX CORPORATION COM 1.8%

Value $18.85M Shares 101,527 Share Price $185.65 Est. Cost/Share $69.24 Unrealized @ Report Date +168.1%

IBM INTERNATIONAL BUSINESS MACHS COM 0.1%

Value $1.09M Shares 4,957 Share Price $219.93 Est. Cost/Share $117.46 Unrealized @ Report Date +87.2%

JPM JPMORGAN CHASE & CO COM 2.2%

Value $23.45M Shares 70,869 Share Price $330.83 Est. Cost/Share $98.75 Unrealized @ Report Date +235.0%

NVDA NVIDIA CORPORATION COM 0.2%

Value $2.045M Shares 8,953 Share Price $228.38 Est. Cost/Share $144.23 Unrealized @ Report Date +58.3%

GBCI GLACIER BANCORP INC NEW COM 0.1%

Value $800K Shares 18,527 Share Price $43.20 Est. Cost/Share $36.58 Unrealized @ Report Date +18.1%

GLW CORNING INC COM 0.0%

Value $237K Shares 1,544 Share Price $153.76 Est. Cost/Share $120.72 Unrealized @ Report Date +27.4%

HD HOME DEPOT INC COM 0.1%

Value $561K Shares 1,971 Share Price $284.49 Est. Cost/Share $180.69 Unrealized @ Report Date +57.4%

PICK ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF 0.4%

Value $4.21M Shares 70,214 Share Price $59.96 Est. Cost/Share $47.21 Unrealized @ Report Date +27.0%

META META PLATFORMS INC CL A 0.0%

Value $491K Shares 677 Share Price $725.18 Est. Cost/Share $625.35 Unrealized @ Report Date +16.0%

MRK MERCK & CO INC COM 0.1%

Value $922K Shares 6,342 Share Price $145.31 Est. Cost/Share $67.01 Unrealized @ Report Date +116.9%

VGT VANGUARD INFORMATION TECHNOLOGY ETF 0.2%

Value $1.938M Shares 15,419 Share Price $125.67 Est. Cost/Share $99.06 Unrealized @ Report Date +26.9%

GLD SPDR GOLD SHARES 0.3%

Value $2.653M Shares 6,967 Share Price $380.84 Est. Cost/Share $365.96 Unrealized @ Report Date +4.1%

SBUX STARBUCKS CORP COM 0.1%

Value $669K Shares 7,117 Share Price $93.96 Est. Cost/Share $54.62 Unrealized @ Report Date +72.0%

SPLV INVESCO S&P 500 LOW VOLATILITY ETF 0.1%

Value $860K Shares 12,200 Share Price $70.51 Est. Cost/Share $47.53 Unrealized @ Report Date +48.3%

NOBL PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF 0.1%

Value $1.364M Shares 25,204 Share Price $54.10 Est. Cost/Share $77.63 Unrealized @ Report Date -30.3%

MCK MCKESSON CORP COM 0.0%

Value $409K Shares 479 Share Price $853.81 Est. Cost/Share $703.03 Unrealized @ Report Date +21.4%

AMD ADVANCED MICRO DEVICES INC COM 0.1%

Value $883K Shares 1,443 Share Price $611.76 Est. Cost/Share $108.87 Unrealized @ Report Date +461.9%

CSCO CISCO SYS INC COM 0.0%

Value $485K Shares 4,508 Share Price $107.63 Est. Cost/Share $68.04 Unrealized @ Report Date +58.2%

FIBK FIRST INTST BANCSYSTEM INC COM 0.0%

Value $503K Shares 14,078 Share Price $35.74 Est. Cost/Share $28.35 Unrealized @ Report Date +26.1%

MCD MCDONALDS CORP COM 0.0%

Value $259K Shares 1,122 Share Price $230.94 Est. Cost/Share $202.38 Unrealized @ Report Date +14.1%

C CITIGROUP INC COM NEW 0.0%

Value $483K Shares 3,732 Share Price $129.48 Est. Cost/Share $53.45 Unrealized @ Report Date +142.2%

CSL CARLISLE COS INC COM 0.0%

Value $264K Shares 820 Share Price $322.17 Est. Cost/Share $214.72 Unrealized @ Report Date +50.0%

VIS VANGUARD INDUSTRIALS ETF 0.0%

Value $249K Shares 778 Share Price $320.51 Est. Cost/Share $178.90 Unrealized @ Report Date +79.2%

F FORD MTR CO COM 0.0%

Value $150K Shares 12,438 Share Price $12.06 Est. Cost/Share $9.24 Unrealized @ Report Date +30.5%

WPC WP CAREY INC COM 0.0%

Value $212K Shares 3,281 Share Price $64.63 Est. Cost/Share $64.36 Unrealized @ Report Date —

IWM ISHARES RUSSELL 2000 ETF 0.0%

Value $250K Shares 901 Share Price $277.89 Est. Cost/Share $245.85 Unrealized @ Report Date +13.0%

SCHV SCHWAB U.S. LARGE-CAP VALUE ETF 0.0%

Value $414K Shares 12,439 Share Price $33.31 Est. Cost/Share $25.61 Unrealized @ Report Date +30.1%

SCHW CHARLES SCHWAB CORP (THE) COM 0.0%

Value $258K Shares 2,639 Share Price $97.74 Est. Cost/Share $94.54 Unrealized @ Report Date +3.4%

STLD STEEL DYNAMICS INC COM 0.0%

Value $405K Shares 1,827 Share Price $221.61 Est. Cost/Share $130.39 Unrealized @ Report Date +70.0%

LLY ELI LILLY & CO COM 0.0%

Value $360K Shares 312 Share Price $1155.27 Est. Cost/Share $716.17 Unrealized @ Report Date +61.6%

DFUS DIMENSIONAL U.S. EQUITY MARKET ETF 0.1%

Value $644K Shares 7,752 Share Price $83.03 Est. Cost/Share $45.49 Unrealized @ Report Date +82.5%

DFIV DIMENSIONAL INTERNATIONAL VALUE ETF 0.0%

Value $210K Shares 3,752 Share Price $55.86 Est. Cost/Share $54.96 Unrealized @ Report Date +1.6%

SLV ISHARES SILVER TRUST 0.0%

Value $224K Shares 4,107 Share Price $54.51 Est. Cost/Share $54.26 Unrealized @ Report Date +0.5%

BRK/A 1/100 BERKSHIRE HTWY CLA100 SHS 0.1%

Value $1.494M Shares 2 Share Price $747005.00 Est. Cost/Share $284799.47 Unrealized @ Report Date +162.3%

VFH VANGUARD FINANCIALS ETF 0.0%

Value $242K Shares 1,863 Share Price $130.09 Est. Cost/Share $83.60 Unrealized @ Report Date +55.6%

BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW 0.2%

Value $1.821M Shares 3,657 Share Price $497.95 Est. Cost/Share $293.01 Unrealized @ Report Date +69.9%

GERN GERON CORP COM 0.0%

Value $19,630 Shares 15,959 Share Price $1.23 Est. Cost/Share $1.11 Unrealized @ Report Date +10.3%

BK BANK OF NY MELLON CORP COM 0.0%

Value $214K Shares 1,480 Share Price $144.63 Est. Cost/Share $132.52 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP COM	68,320	$35.04M	3.3%	$512.90	$124.04	+313.5%	Stock	594918104
XOM	EXXONMOBIL HOLDINGS CORP COM SHS	129,426	$21.06M	2.0%	$162.75	$136.72	—	Stock	30233Q108
DE	DEERE & CO COM	30,057	$20.18M	1.9%	$671.55	$211.17	+218.0%	Stock	244199105
BAC	BANK OF AMER CORP COM	334,312	$18.2M	1.7%	$54.43	$26.83	+102.9%	Stock	060505104
JNJ	JOHNSON & JOHNSON COM	75,800	$20.07M	1.9%	$264.74	$132.66	+99.6%	Stock	478160104
USB	US BANCORP COM NEW	281,617	$16.27M	1.5%	$57.76	$38.41	+50.4%	Stock	902973304
RTX	RTX CORPORATION COM	101,527	$18.85M	1.8%	$185.65	$69.24	+168.1%	Stock	75513E101
IBM	INTERNATIONAL BUSINESS MACHS COM	4,957	$1.09M	0.1%	$219.93	$117.46	+87.2%	Stock	459200101
JPM	JPMORGAN CHASE & CO COM	70,869	$23.45M	2.2%	$330.83	$98.75	+235.0%	Stock	46625H100
NVDA	NVIDIA CORPORATION COM	8,953	$2.045M	0.2%	$228.38	$144.23	+58.3%	Stock	67066G104
GBCI	GLACIER BANCORP INC NEW COM	18,527	$800K	0.1%	$43.20	$36.58	+18.1%	Stock	37637Q105
GLW	CORNING INC COM	1,544	$237K	0.0%	$153.76	$120.72	+27.4%	Stock	219350105
HD	HOME DEPOT INC COM	1,971	$561K	0.1%	$284.49	$180.69	+57.4%	Stock	437076102
PICK	ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF	70,214	$4.21M	0.4%	$59.96	$47.21	+27.0%	ETF	46434G848
META	META PLATFORMS INC CL A	677	$491K	0.0%	$725.18	$625.35	+16.0%	Stock	30303M102
MRK	MERCK & CO INC COM	6,342	$922K	0.1%	$145.31	$67.01	+116.9%	Stock	58933Y105
VGT	VANGUARD INFORMATION TECHNOLOGY ETF	15,419	$1.938M	0.2%	$125.67	$99.06	+26.9%	ETF	92204A702
GLD	SPDR GOLD SHARES	6,967	$2.653M	0.3%	$380.84	$365.96	+4.1%	ETF	78463V107
SBUX	STARBUCKS CORP COM	7,117	$669K	0.1%	$93.96	$54.62	+72.0%	Stock	855244109
SPLV	INVESCO S&P 500 LOW VOLATILITY ETF	12,200	$860K	0.1%	$70.51	$47.53	+48.3%	ETF	46138E354
NOBL	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF	25,204	$1.364M	0.1%	$54.10	$77.63	-30.3%	ETF	74348A467
MCK	MCKESSON CORP COM	479	$409K	0.0%	$853.81	$703.03	+21.4%	Stock	58155Q103
AMD	ADVANCED MICRO DEVICES INC COM	1,443	$883K	0.1%	$611.76	$108.87	+461.9%	Stock	007903107
CSCO	CISCO SYS INC COM	4,508	$485K	0.0%	$107.63	$68.04	+58.2%	Stock	17275R102
FIBK	FIRST INTST BANCSYSTEM INC COM	14,078	$503K	0.0%	$35.74	$28.35	+26.1%	Stock	32055Y201
MCD	MCDONALDS CORP COM	1,122	$259K	0.0%	$230.94	$202.38	+14.1%	Stock	580135101
C	CITIGROUP INC COM NEW	3,732	$483K	0.0%	$129.48	$53.45	+142.2%	Stock	172967424
CSL	CARLISLE COS INC COM	820	$264K	0.0%	$322.17	$214.72	+50.0%	Stock	142339100
VIS	VANGUARD INDUSTRIALS ETF	778	$249K	0.0%	$320.51	$178.90	+79.2%	ETF	92204A603
F	FORD MTR CO COM	12,438	$150K	0.0%	$12.06	$9.24	+30.5%	Stock	345370860
WPC	WP CAREY INC COM	3,281	$212K	0.0%	$64.63	$64.36	—	REIT	92936U109
IWM	ISHARES RUSSELL 2000 ETF	901	$250K	0.0%	$277.89	$245.85	+13.0%	ETF	464287655
SCHV	SCHWAB U.S. LARGE-CAP VALUE ETF	12,439	$414K	0.0%	$33.31	$25.61	+30.1%	ETF	808524409
SCHW	CHARLES SCHWAB CORP (THE) COM	2,639	$258K	0.0%	$97.74	$94.54	+3.4%	Stock	808513105
STLD	STEEL DYNAMICS INC COM	1,827	$405K	0.0%	$221.61	$130.39	+70.0%	Stock	858119100
LLY	ELI LILLY & CO COM	312	$360K	0.0%	$1155.27	$716.17	+61.6%	Stock	532457108
DFUS	DIMENSIONAL U.S. EQUITY MARKET ETF	7,752	$644K	0.1%	$83.03	$45.49	+82.5%	ETF	25434V401
DFIV	DIMENSIONAL INTERNATIONAL VALUE ETF	3,752	$210K	0.0%	$55.86	$54.96	+1.6%	ETF	25434V807
SLV	ISHARES SILVER TRUST	4,107	$224K	0.0%	$54.51	$54.26	+0.5%	ETF	46428Q109
BRK/A	1/100 BERKSHIRE HTWY CLA100 SHS	2	$1.494M	0.1%	$747005.00	$284799.47	+162.3%	Stock	084670108
VFH	VANGUARD FINANCIALS ETF	1,863	$242K	0.0%	$130.09	$83.60	+55.6%	ETF	92204A405
BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	3,657	$1.821M	0.2%	$497.95	$293.01	+69.9%	Stock	084670702
GERN	GERON CORP COM	15,959	$19,630	0.0%	$1.23	$1.11	+10.3%	Stock	374163103
BK	BANK OF NY MELLON CORP COM	1,480	$214K	0.0%	$144.63	$132.52	—	Stock	064058100