Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DD	DUPONT DE NEMOURS INC	9,731	$1.32M	0.3%	$135.64	—	COMMON STOCK	26614N201
HON	HONEYWELL INTL INC	5,041	$1.129M	0.3%	$223.90	—	COM	438516205
HONA	HONEYWELL AEROSPACE INC	5,041	$1.114M	0.3%	$221.08	—	COM	43849R105
TSM	TAIWAN SEMICONDUCTOR MANUFAC	2,283	$1.092M	0.3%	$478.49	—	SPONSORED ADS	874039100
IBM	INTERNATIONAL BUSINESS MACHS	1,970	$554K	0.1%	$281.21	—	COM	459200101
PLTR	PALANTIR TECHNOLOGIES INC	4,128	$482K	0.1%	$116.67	—	CL A	69608A108
MU	MICRON TECHNOLOGY INC	339	$391K	0.1%	$1154.29	—	COM	595112103
FDXF	FEDEX FGHT HLDG CO INC	2,110	$319K	0.1%	$151.00	—	COMMON STOCK	314352105
INTC	INTEL CORP	2,000	$279K	0.1%	$139.63	—	COM	458140100
WFC	WELLS FARGO & CO	2,500	$207K	0.1%	$82.64	—	COM	949746101
WAL	WESTERN ALLIANCE BANCORP	2,466	$203K	0.1%	$82.20	—	COM	957638109
VVPR	VIVOPOWER PLC	14,000	$72,380	0.0%	$5.17	—	CL A ORD SHS	G9376R209

Increased Positions (37)

MRK MERCK & CO INC 2.1%

Value $8.574M (+29.7%) Shares 66,283 (+21.5%) Est. Cost $61.87 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 5.7%

Value $22.87M (+8.2%) Shares 45,696 (+3.6%) Est. Cost $237.44 Unrealized —

MSFT MICROSOFT CORP 6.7%

Value $26.9M (+4.1%) Shares 72,104 (+3.3%) Est. Cost $125.87 Unrealized —

NVDA NVIDIA CORPORATION 1.7%

Value $6.756M (+18.0%) Shares 33,763 (+2.8%) Est. Cost $118.55 Unrealized —

AVGO BROADCOM INC 0.9%

Value $3.64M (+26.2%) Shares 9,635 (+3.4%) Est. Cost $161.90 Unrealized —

LUV SOUTHWEST AIRLS CO 0.5%

Value $1.89M (+52.5%) Shares 36,625 (+11.5%) Est. Cost $47.78 Unrealized —

T AT&T INC 0.6%

Value $2.327M (-19.5%) Shares 112,438 (+12.7%) Est. Cost $15.88 Unrealized —

GE GE AEROSPACE 0.4%

Value $1.604M (+51.2%) Shares 4,291 (+15.0%) Est. Cost $133.95 Unrealized —

PG PROCTER & GAMBLE CO 2.3%

Value $9.152M (+5.2%) Shares 62,413 (+3.6%) Est. Cost $106.86 Unrealized —

TT TRANE TECHNOLOGIES PLC 0.5%

Value $2.017M (+23.2%) Shares 4,106 (+4.5%) Est. Cost $201.60 Unrealized —

GEHC GE HEALTHCARE TECHNOLOGIES I 0.6%

Value $2.361M (+18.9%) Shares 36,880 (+32.3%) Est. Cost $77.80 Unrealized —

LMT LOCKHEED MARTIN CORP 0.5%

Value $2.201M (-13.7%) Shares 4,320 (+2.4%) Est. Cost $289.06 Unrealized —

V VISA INC 0.5%

Value $2.097M (+19.4%) Shares 6,114 (+5.2%) Est. Cost $245.55 Unrealized —

LLY ELI LILLY & CO 0.3%

Value $1.13M (+42.2%) Shares 943 (+9.3%) Est. Cost $814.35 Unrealized —

BBY BEST BUY INC 0.4%

Value $1.616M (+23.2%) Shares 21,025 (+4.4%) Est. Cost $79.39 Unrealized —

GSK GSK PLC 0.3%

Value $1.114M (+37.2%) Shares 21,069 (+44.5%) Est. Cost $54.80 Unrealized —

SYY SYSCO CORP 0.4%

Value $1.696M (+19.9%) Shares 20,294 (+2.3%) Est. Cost $60.87 Unrealized —

CME CME GROUP INC 0.2%

Value $802K (-22.8%) Shares 3,634 (+3.3%) Est. Cost $184.50 Unrealized —

PM PHILIP MORRIS INTL INC 0.3%

Value $1.244M (+22.0%) Shares 6,877 (+12.5%) Est. Cost $98.33 Unrealized —

NEE NEXTERA ENERGY INC 1.8%

Value $7.423M (+2.9%) Shares 84,577 (+8.9%) Est. Cost $68.93 Unrealized —

UNP UNION PAC CORP 0.3%

Value $1.375M (+17.6%) Shares 5,054 (+4.9%) Est. Cost $197.53 Unrealized —

BA BOEING CO 0.4%

Value $1.804M (+12.1%) Shares 8,335 (+3.1%) Est. Cost $221.14 Unrealized —

WELL WELLTOWER INC 0.3%

Value $1.038M (+20.6%) Shares 4,574 (+5.0%) Est. Cost $188.48 Unrealized —

SYF SYNCHRONY FINANCIAL 0.4%

Value $1.476M (+13.0%) Shares 19,409 (+1.1%) Est. Cost $61.06 Unrealized —

MLI MUELLER INDS INC 0.3%

Value $1.227M (+15.9%) Shares 9,980 (+4.4%) Est. Cost $88.28 Unrealized —

PH PARKER-HANNIFIN CORP 0.3%

Value $1.285M (+14.7%) Shares 1,315 (+5.1%) Est. Cost $635.53 Unrealized —

LIN LINDE PLC 0.4%

Value $1.452M (+10.0%) Shares 2,799 (+5.1%) Est. Cost $349.60 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.2%

Value $851K (-8.0%) Shares 3,427 (+3.4%) Est. Cost $183.35 Unrealized —

WEC WEC ENERGY GROUP INC 0.3%

Value $1.215M (+6.0%) Shares 10,409 (+5.2%) Est. Cost $89.27 Unrealized —

CRH CRH PLC 0.2%

Value $961K (+5.4%) Shares 8,978 (+4.0%) Est. Cost $79.98 Unrealized —

BLK BLACKROCK INC 0.2%

Value $797K (+5.2%) Shares 830 (+5.5%) Est. Cost $997.67 Unrealized —

MCK MCKESSON CORP 0.2%

Value $747K (-5.0%) Shares 987 (+8.8%) Est. Cost $529.28 Unrealized —

O REALTY INCOME CORP 0.2%

Value $679K (+5.9%) Shares 10,956 (+5.0%) Est. Cost $55.09 Unrealized —

NPFI NUSHARES ETF TR 0.1%

Value $547K (+6.6%) Shares 20,936 (+5.0%) Est. Cost $25.79 Unrealized —

WM WASTE MGMT INC DEL 0.3%

Value $1.142M (+1.4%) Shares 5,126 (+4.5%) Est. Cost $222.02 Unrealized —

PEP PEPSICO INC 0.2%

Value $920K (-1.6%) Shares 6,792 (+12.9%) Est. Cost $135.50 Unrealized —

MRSH MARSH & MCLENNAN COS INC 0.2%

Value $642K (-0.5%) Shares 3,849 (+3.6%) Est. Cost $140.33 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MRK	MERCK & CO INC	66,283 (+21.5%)	$8.574M (+29.7%)	2.1%	$61.87	—	COM	58933Y105
BRK/B	BERKSHIRE HATHAWAY INC DEL	45,696 (+3.6%)	$22.87M (+8.2%)	5.7%	$237.44	—	CL B NEW	084670702
MSFT	MICROSOFT CORP	72,104 (+3.3%)	$26.9M (+4.1%)	6.7%	$125.87	—	COM	594918104
NVDA	NVIDIA CORPORATION	33,763 (+2.8%)	$6.756M (+18.0%)	1.7%	$118.55	—	COM	67066G104
AVGO	BROADCOM INC	9,635 (+3.4%)	$3.64M (+26.2%)	0.9%	$161.90	—	COM	11135F101
LUV	SOUTHWEST AIRLS CO	36,625 (+11.5%)	$1.89M (+52.5%)	0.5%	$47.78	—	COM	844741108
T	AT&T INC	112,438 (+12.7%)	$2.327M (-19.5%)	0.6%	$15.88	—	COM	00206R102
GE	GE AEROSPACE	4,291 (+15.0%)	$1.604M (+51.2%)	0.4%	$133.95	—	COM NEW	369604301
PG	PROCTER & GAMBLE CO	62,413 (+3.6%)	$9.152M (+5.2%)	2.3%	$106.86	—	COM	742718109
TT	TRANE TECHNOLOGIES PLC	4,106 (+4.5%)	$2.017M (+23.2%)	0.5%	$201.60	—	SHS	G8994E103
GEHC	GE HEALTHCARE TECHNOLOGIES I	36,880 (+32.3%)	$2.361M (+18.9%)	0.6%	$77.80	—	COMMON STOCK	36266G107
LMT	LOCKHEED MARTIN CORP	4,320 (+2.4%)	$2.201M (-13.7%)	0.5%	$289.06	—	COM	539830109
V	VISA INC	6,114 (+5.2%)	$2.097M (+19.4%)	0.5%	$245.55	—	COM CL A	92826C839
LLY	ELI LILLY & CO	943 (+9.3%)	$1.13M (+42.2%)	0.3%	$814.35	—	COM	532457108
BBY	BEST BUY INC	21,025 (+4.4%)	$1.616M (+23.2%)	0.4%	$79.39	—	COM	086516101
GSK	GSK PLC	21,069 (+44.5%)	$1.114M (+37.2%)	0.3%	$54.80	—	SPONSORED ADR	37733W204
SYY	SYSCO CORP	20,294 (+2.3%)	$1.696M (+19.9%)	0.4%	$60.87	—	COM	871829107
CME	CME GROUP INC	3,634 (+3.3%)	$802K (-22.8%)	0.2%	$184.50	—	COM	12572Q105
PM	PHILIP MORRIS INTL INC	6,877 (+12.5%)	$1.244M (+22.0%)	0.3%	$98.33	—	COM	718172109
NEE	NEXTERA ENERGY INC	84,577 (+8.9%)	$7.423M (+2.9%)	1.8%	$68.93	—	COM	65339F101
UNP	UNION PAC CORP	5,054 (+4.9%)	$1.375M (+17.6%)	0.3%	$197.53	—	COM	907818108
BA	BOEING CO	8,335 (+3.1%)	$1.804M (+12.1%)	0.4%	$221.14	—	COM	097023105
WELL	WELLTOWER INC	4,574 (+5.0%)	$1.038M (+20.6%)	0.3%	$188.48	—	COM	95040Q104
SYF	SYNCHRONY FINANCIAL	19,409 (+1.1%)	$1.476M (+13.0%)	0.4%	$61.06	—	COM	87165B103
MLI	MUELLER INDS INC	9,980 (+4.4%)	$1.227M (+15.9%)	0.3%	$88.28	—	COM	624756102
PH	PARKER-HANNIFIN CORP	1,315 (+5.1%)	$1.285M (+14.7%)	0.3%	$635.53	—	COM	701094104
LIN	LINDE PLC	2,799 (+5.1%)	$1.452M (+10.0%)	0.4%	$349.60	—	SHS	G54950103
CEG	CONSTELLATION ENERGY CORP	3,427 (+3.4%)	$851K (-8.0%)	0.2%	$183.35	—	COM	21037T109
WEC	WEC ENERGY GROUP INC	10,409 (+5.2%)	$1.215M (+6.0%)	0.3%	$89.27	—	COM	92939U106
CRH	CRH PLC	8,978 (+4.0%)	$961K (+5.4%)	0.2%	$79.98	—	ORD	G25508105
BLK	BLACKROCK INC	830 (+5.5%)	$797K (+5.2%)	0.2%	$997.67	—	COM	09290D101
MCK	MCKESSON CORP	987 (+8.8%)	$747K (-5.0%)	0.2%	$529.28	—	COM	58155Q103
O	REALTY INCOME CORP	10,956 (+5.0%)	$679K (+5.9%)	0.2%	$55.09	—	COM	756109104
NPFI	NUSHARES ETF TR	20,936 (+5.0%)	$547K (+6.6%)	0.1%	$25.79	—	NUVE PFD INC ETF	67092P771
WM	WASTE MGMT INC DEL	5,126 (+4.5%)	$1.142M (+1.4%)	0.3%	$222.02	—	COM	94106L109
PEP	PEPSICO INC	6,792 (+12.9%)	$920K (-1.6%)	0.2%	$135.50	—	COM	713448108
MRSH	MARSH & MCLENNAN COS INC	3,849 (+3.6%)	$642K (-0.5%)	0.2%	$140.33	—	COM	571748102

Exited Positions (11)

XOM EXXON MOBIL CORP 4.5%

Value $18.09M Shares 106,628 Est. Cost $67.06 Unrealized —

HON HONEYWELL INTL INC 0.4%

Value $1.45M Shares 6,414 Est. Cost $196.41 Unrealized —

DD DUPONT DE NEMOURS INC 0.4%

Value $1.442M Shares 31,491 Est. Cost $26.66 Unrealized —

MA MASTERCARD INCORPORATED 0.3%

Value $1.279M Shares 2,559 Est. Cost $235.43 Unrealized —

MDT MEDTRONIC PLC 0.2%

Value $904K Shares 10,346 Est. Cost $77.97 Unrealized —

EMR EMERSON ELEC CO 0.1%

Value $291K Shares 2,222 Est. Cost $120.43 Unrealized —

RNR RENAISSANCERE HLDGS LTD 0.1%

Value $275K Shares 926 Est. Cost $222.50 Unrealized —

AGYS AGILYSYS INC 0.1%

Value $242K Shares 3,408 Est. Cost $90.25 Unrealized —

NEM NEWMONT CORP 0.1%

Value $217K Shares 2,000 Est. Cost $118.12 Unrealized —

PEG PUBLIC SVC ENTERPRISE GROUP 0.1%

Value $215K Shares 2,661 Est. Cost $81.54 Unrealized —

B BARRICK MNG CORP 0.1%

Value $204K Shares 5,000 Est. Cost $37.42 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORP	106,628	$18.09M	4.5%	$67.06	—	—	30231G102
HON	HONEYWELL INTL INC	6,414	$1.45M	0.4%	$196.41	—	—	438516106
DD	DUPONT DE NEMOURS INC	31,491	$1.442M	0.4%	$26.66	—	—	26614N102
MA	MASTERCARD INCORPORATED	2,559	$1.279M	0.3%	$235.43	—	—	57636Q104
MDT	MEDTRONIC PLC	10,346	$904K	0.2%	$77.97	—	—	G5960L103
EMR	EMERSON ELEC CO	2,222	$291K	0.1%	$120.43	—	—	291011104
RNR	RENAISSANCERE HLDGS LTD	926	$275K	0.1%	$222.50	—	—	G7496G103
AGYS	AGILYSYS INC	3,408	$242K	0.1%	$90.25	—	—	00847J105
NEM	NEWMONT CORP	2,000	$217K	0.1%	$118.12	—	—	651639106
PEG	PUBLIC SVC ENTERPRISE GROUP	2,661	$215K	0.1%	$81.54	—	—	744573106
B	BARRICK MNG CORP	5,000	$204K	0.1%	$37.42	—	—	06849F108

Decreased Positions (38)

CVX CHEVRON CORPORATION 4.8%

Value $19.38M (-20.7%) Shares 116,907 (-1.0%) Est. Cost $84.08 Unrealized —

CSCO CISCO SYS INC 3.4%

Value $13.68M (+41.6%) Shares 116,433 (-6.5%) Est. Cost $33.72 Unrealized —

CAT CATERPILLAR INC 2.1%

Value $8.54M (+34.8%) Shares 8,020 (-10.3%) Est. Cost $182.84 Unrealized —

LRCX LAM RESEARCH CORP 0.9%

Value $3.656M (+82.5%) Shares 8,432 (-10.0%) Est. Cost $83.77 Unrealized —

COST COSTCO WHOLESALE CORPORATION 3.2%

Value $12.78M (-9.9%) Shares 13,669 (-3.9%) Est. Cost $450.39 Unrealized —

DOW DOW HLDGS INC 0.2%

Value $717K (-54.6%) Shares 26,208 (-30.9%) Est. Cost $41.59 Unrealized —

TXN TEXAS INSTRS INC 0.6%

Value $2.361M (+50.0%) Shares 7,922 (-2.3%) Est. Cost $124.17 Unrealized —

PFE PFIZER INC 0.6%

Value $2.554M (-17.3%) Shares 106,075 (-3.6%) Est. Cost $24.93 Unrealized —

Q QNITY ELECTRONICS INC 0.5%

Value $2.1M (+34.1%) Shares 12,861 (-5.2%) Est. Cost $84.91 Unrealized —

FDX FEDEX CORP 0.3%

Value $1.334M (-28.6%) Shares 4,245 (-18.8%) Est. Cost $208.35 Unrealized —

VLO VALERO ENERGY CORP 0.4%

Value $1.569M (-25.0%) Shares 6,024 (-28.9%) Est. Cost $93.93 Unrealized —

KR KROGER CO 0.3%

Value $1.204M (-25.4%) Shares 21,679 (-2.8%) Est. Cost $48.54 Unrealized —

R RYDER SYS INC 0.5%

Value $2.027M (+22.6%) Shares 7,684 (-4.8%) Est. Cost $68.59 Unrealized —

TMUS T-MOBILE US INC 0.2%

Value $645K (-31.1%) Shares 3,844 (-13.7%) Est. Cost $152.88 Unrealized —

ETN EATON CORP PLC 0.4%

Value $1.811M (+16.5%) Shares 4,249 (-2.2%) Est. Cost $233.87 Unrealized —

TRGP TARGA RES CORP 0.7%

Value $2.908M (-7.2%) Shares 10,845 (-13.3%) Est. Cost $146.32 Unrealized —

MCD MCDONALDS CORP 0.3%

Value $1.257M (-14.1%) Shares 4,650 (-1.3%) Est. Cost $190.79 Unrealized —

SWX SOUTHWEST GAS HLDGS INC 0.1%

Value $235K (-44.8%) Shares 2,650 (-45.9%) Est. Cost $74.34 Unrealized —

COR CENCORA INC 0.3%

Value $1.26M (-11.3%) Shares 4,454 (-1.5%) Est. Cost $75.39 Unrealized —

KVUE KENVUE INC 0.4%

Value $1.817M (+9.7%) Shares 95,104 (-1.0%) Est. Cost $20.06 Unrealized —

CAH CARDINAL HEALTH INC 0.4%

Value $1.711M (+8.8%) Shares 7,202 (-3.2%) Est. Cost $52.90 Unrealized —

OKE ONEOK INC NEW 0.4%

Value $1.613M (-7.5%) Shares 18,554 (-3.8%) Est. Cost $40.33 Unrealized —

MS MORGAN STANLEY 0.4%

Value $1.68M (+7.5%) Shares 8,040 (-15.3%) Est. Cost $83.33 Unrealized —

LOW LOWES COS INC 0.3%

Value $1.12M (-9.4%) Shares 5,082 (-2.8%) Est. Cost $150.32 Unrealized —

BKH BLACK HILLS CORP 0.5%

Value $1.862M (+5.1%) Shares 25,031 (-2.0%) Est. Cost $57.39 Unrealized —

AXP AMERICAN EXPRESS CO 0.1%

Value $222K (-27.7%) Shares 655 (-35.3%) Est. Cost $156.99 Unrealized —

BAC BANK OF AMER CORP 0.6%

Value $2.303M (+3.8%) Shares 40,416 (-11.2%) Est. Cost $25.87 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.3%

Value $1.018M (+8.7%) Shares 1,007 (-9.0%) Est. Cost $173.36 Unrealized —

GOOG ALPHABET INC 0.5%

Value $2.067M (+3.8%) Shares 5,849 (-15.7%) Est. Cost $107.68 Unrealized —

C CITIGROUP INC 0.5%

Value $1.896M (-3.5%) Shares 13,545 (-21.8%) Est. Cost $58.34 Unrealized —

MPC MARATHON PETE CORP 0.4%

Value $1.483M (-3.6%) Shares 5,800 (-7.9%) Est. Cost $72.42 Unrealized —

WMB WILLIAMS COS INC 0.4%

Value $1.655M (-3.2%) Shares 22,265 (-5.2%) Est. Cost $28.99 Unrealized —

TGT TARGET CORP 0.4%

Value $1.676M (-2.0%) Shares 12,834 (-9.1%) Est. Cost $99.60 Unrealized —

BYD BOYD GAMING CORP 0.1%

Value $464K (-6.2%) Shares 5,250 (-12.5%) Est. Cost $29.42 Unrealized —

SOLV SOLVENTUM CORP 0.2%

Value $662K (+4.5%) Shares 8,587 (-11.6%) Est. Cost $66.54 Unrealized —

ORCL ORACLE CORP 0.1%

Value $349K (-3.1%) Shares 2,379 (-2.7%) Est. Cost $151.21 Unrealized —

META META PLATFORMS INC 0.1%

Value $235K (-3.8%) Shares 418 (-2.3%) Est. Cost $452.46 Unrealized —

GEV GE VERNOVA INC 0.1%

Value $338K (+0.4%) Shares 288 (-25.4%) Est. Cost $415.97 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CVX	CHEVRON CORPORATION	116,907 (-1.0%)	$19.38M (-20.7%)	4.8%	$84.08	—	COM	166764100
CSCO	CISCO SYS INC	116,433 (-6.5%)	$13.68M (+41.6%)	3.4%	$33.72	—	COM	17275R102
CAT	CATERPILLAR INC	8,020 (-10.3%)	$8.54M (+34.8%)	2.1%	$182.84	—	COM	149123101
LRCX	LAM RESEARCH CORP	8,432 (-10.0%)	$3.656M (+82.5%)	0.9%	$83.77	—	COM NEW	512807306
COST	COSTCO WHOLESALE CORPORATION	13,669 (-3.9%)	$12.78M (-9.9%)	3.2%	$450.39	—	COM	22160K105
DOW	DOW HLDGS INC	26,208 (-30.9%)	$717K (-54.6%)	0.2%	$41.59	—	COM	260557103
TXN	TEXAS INSTRS INC	7,922 (-2.3%)	$2.361M (+50.0%)	0.6%	$124.17	—	COM	882508104
PFE	PFIZER INC	106,075 (-3.6%)	$2.554M (-17.3%)	0.6%	$24.93	—	COM	717081103
Q	QNITY ELECTRONICS INC	12,861 (-5.2%)	$2.1M (+34.1%)	0.5%	$84.91	—	COMMON STOCK	74743L100
FDX	FEDEX CORP	4,245 (-18.8%)	$1.334M (-28.6%)	0.3%	$208.35	—	COM	31428X106
VLO	VALERO ENERGY CORP	6,024 (-28.9%)	$1.569M (-25.0%)	0.4%	$93.93	—	COM	91913Y100
KR	KROGER CO	21,679 (-2.8%)	$1.204M (-25.4%)	0.3%	$48.54	—	COM	501044101
R	RYDER SYS INC	7,684 (-4.8%)	$2.027M (+22.6%)	0.5%	$68.59	—	COM	783549108
TMUS	T-MOBILE US INC	3,844 (-13.7%)	$645K (-31.1%)	0.2%	$152.88	—	COM	872590104
ETN	EATON CORP PLC	4,249 (-2.2%)	$1.811M (+16.5%)	0.4%	$233.87	—	SHS	G29183103
TRGP	TARGA RES CORP	10,845 (-13.3%)	$2.908M (-7.2%)	0.7%	$146.32	—	COM	87612G101
MCD	MCDONALDS CORP	4,650 (-1.3%)	$1.257M (-14.1%)	0.3%	$190.79	—	COM	580135101
SWX	SOUTHWEST GAS HLDGS INC	2,650 (-45.9%)	$235K (-44.8%)	0.1%	$74.34	—	COM	844895102
COR	CENCORA INC	4,454 (-1.5%)	$1.26M (-11.3%)	0.3%	$75.39	—	COM	03073E105
KVUE	KENVUE INC	95,104 (-1.0%)	$1.817M (+9.7%)	0.4%	$20.06	—	COM	49177J102
CAH	CARDINAL HEALTH INC	7,202 (-3.2%)	$1.711M (+8.8%)	0.4%	$52.90	—	COM	14149Y108
OKE	ONEOK INC NEW	18,554 (-3.8%)	$1.613M (-7.5%)	0.4%	$40.33	—	COM	682680103
MS	MORGAN STANLEY	8,040 (-15.3%)	$1.68M (+7.5%)	0.4%	$83.33	—	COM NEW	617446448
LOW	LOWES COS INC	5,082 (-2.8%)	$1.12M (-9.4%)	0.3%	$150.32	—	COM	548661107
BKH	BLACK HILLS CORP	25,031 (-2.0%)	$1.862M (+5.1%)	0.5%	$57.39	—	COM	092113109
AXP	AMERICAN EXPRESS CO	655 (-35.3%)	$222K (-27.7%)	0.1%	$156.99	—	COM	025816109
BAC	BANK OF AMER CORP	40,416 (-11.2%)	$2.303M (+3.8%)	0.6%	$25.87	—	COM	060505104
GS	GOLDMAN SACHS GROUP INC	1,007 (-9.0%)	$1.018M (+8.7%)	0.3%	$173.36	—	COM	38141G104
GOOG	ALPHABET INC	5,849 (-15.7%)	$2.067M (+3.8%)	0.5%	$107.68	—	CAP STK CL C	02079K107
C	CITIGROUP INC	13,545 (-21.8%)	$1.896M (-3.5%)	0.5%	$58.34	—	COM NEW	172967424
MPC	MARATHON PETE CORP	5,800 (-7.9%)	$1.483M (-3.6%)	0.4%	$72.42	—	COM	56585A102
WMB	WILLIAMS COS INC	22,265 (-5.2%)	$1.655M (-3.2%)	0.4%	$28.99	—	COM	969457100
TGT	TARGET CORP	12,834 (-9.1%)	$1.676M (-2.0%)	0.4%	$99.60	—	COM	87612E106
BYD	BOYD GAMING CORP	5,250 (-12.5%)	$464K (-6.2%)	0.1%	$29.42	—	COM	103304101
SOLV	SOLVENTUM CORP	8,587 (-11.6%)	$662K (+4.5%)	0.2%	$66.54	—	COM SHS	83444M101
ORCL	ORACLE CORP	2,379 (-2.7%)	$349K (-3.1%)	0.1%	$151.21	—	COM	68389X105
META	META PLATFORMS INC	418 (-2.3%)	$235K (-3.8%)	0.1%	$452.46	—	CL A	30303M102
GEV	GE VERNOVA INC	288 (-25.4%)	$338K (+0.4%)	0.1%	$415.97	—	COM	36828A101

Unchanged Positions (17)

GOOGL ALPHABET INC 7.5%

Value $30.51M Shares 85,383 Est. Cost $111.38 Unrealized —

AAPL APPLE INC 11.0%

Value $44.51M Shares 153,840 Est. Cost $90.81 Unrealized —

AMZN AMAZON COM INC 4.7%

Value $18.83M Shares 78,986 Est. Cost $127.94 Unrealized —

JPM JPMORGAN CHASE & CO 4.9%

Value $19.64M Shares 59,992 Est. Cost $99.22 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.3%

Value $1.22M Shares 2,100 Est. Cost $124.99 Unrealized —

ABBV ABBVIE INC 1.0%

Value $4.099M Shares 16,289 Est. Cost $87.37 Unrealized —

ANET ARISTA NETWORKS INC 0.5%

Value $1.826M Shares 10,750 Est. Cost $103.95 Unrealized —

JNJ JOHNSON & JOHNSON 3.7%

Value $14.95M Shares 58,848 Est. Cost $124.18 Unrealized —

MMM 3M CO 1.1%

Value $4.358M Shares 26,917 Est. Cost $102.92 Unrealized —

IDA IDACORP INC 1.4%

Value $5.69M Shares 37,605 Est. Cost $93.97 Unrealized —

AMGN AMGEN INC 2.9%

Value $11.9M Shares 32,852 Est. Cost $197.15 Unrealized —

HD HOME DEPOT INC 0.9%

Value $3.622M Shares 10,270 Est. Cost $234.85 Unrealized —

TJX TJX COS INC NEW 0.7%

Value $2.71M Shares 17,889 Est. Cost $61.32 Unrealized —

TSLA TESLA INC 0.3%

Value $1.404M Shares 3,337 Est. Cost $247.64 Unrealized —

IVZ INVESCO LTD 0.4%

Value $1.509M Shares 57,185 Est. Cost $24.32 Unrealized —

KO COCA COLA CO 0.1%

Value $294K Shares 3,599 Est. Cost $40.24 Unrealized —

GD GENERAL DYNAMICS CORP 0.1%

Value $357K Shares 1,009 Est. Cost $238.05 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	85,383	$30.51M	7.5%	$111.38	—	CAP STK CL A	02079K305
AAPL	APPLE INC	153,840	$44.51M	11.0%	$90.81	—	COM	037833100
AMZN	AMAZON COM INC	78,986	$18.83M	4.7%	$127.94	—	COM	023135106
JPM	JPMORGAN CHASE & CO	59,992	$19.64M	4.9%	$99.22	—	COM	46625H100
AMD	ADVANCED MICRO DEVICES INC	2,100	$1.22M	0.3%	$124.99	—	COM	007903107
ABBV	ABBVIE INC	16,289	$4.099M	1.0%	$87.37	—	COM	00287Y109
ANET	ARISTA NETWORKS INC	10,750	$1.826M	0.5%	$103.95	—	COM SHS	040413205
JNJ	JOHNSON & JOHNSON	58,848	$14.95M	3.7%	$124.18	—	COM	478160104
MMM	3M CO	26,917	$4.358M	1.1%	$102.92	—	COM	88579Y101
IDA	IDACORP INC	37,605	$5.69M	1.4%	$93.97	—	COM	451107106
AMGN	AMGEN INC	32,852	$11.9M	2.9%	$197.15	—	COM	031162100
HD	HOME DEPOT INC	10,270	$3.622M	0.9%	$234.85	—	COM	437076102
TJX	TJX COS INC NEW	17,889	$2.71M	0.7%	$61.32	—	COM	872540109
TSLA	TESLA INC	3,337	$1.404M	0.3%	$247.64	—	COM	88160R101
IVZ	INVESCO LTD	57,185	$1.509M	0.4%	$24.32	—	SHS	G491BT108
KO	COCA COLA CO	3,599	$294K	0.1%	$40.24	—	COM	191216100
GD	GENERAL DYNAMICS CORP	1,009	$357K	0.1%	$238.05	—	COM	369550108