Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ABBV	ABBVIE INC COM	12,640	$3.181M	1.8%	$251.65	—	Stock	00287Y109
AVGO	BROADCOM INC COM	4,171	$1.576M	0.9%	$377.77	—	Stock	11135F101
CMS	CMS ENERGY CORP COM	17,289	$1.323M	0.7%	$76.50	—	Stock	125896100
OZEM	ROUNDHILL GLP-1 & WEIGHT LOSS ETF	40,392	$1.314M	0.7%	$32.54	—	ETF	77926X882
LNG	CHENIERE ENERGY INC COM NEW	5,081	$1.214M	0.7%	$239.01	—	Stock	16411R208
HON	HONEYWELL INTL INC COM	4,809	$1.077M	0.6%	$223.90	—	Stock	438516205
XLV	STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF	6,762	$1.073M	0.6%	$158.66	—	ETF	81369Y209
HONA	HONEYWELL AEROSPACE INC COM	4,809	$1.063M	0.6%	$221.08	—	Stock	43849R105
FINX	GLOBAL X FINTECH ETF	23,479	$580K	0.3%	$24.69	—	ETF	37954Y814
VPG	VISHAY PRECISION GROUP INC COM	1,744	$261K	0.1%	$149.91	—	Stock	92835K103
ROK	ROCKWELL AUTOMATION INC COM	467	$231K	0.1%	$495.08	—	Stock	773903109

Increased Positions (13)

BRX BRIXMOR PPTY GROUP INC COM 2.3%

Value $4.157M (+55.1%) Shares 131,857 (+41.7%) Est. Cost $27.45 Unrealized —

NVDA NVIDIA CORPORATION COM 3.1%

Value $5.523M (+28.6%) Shares 27,603 (+12.1%) Est. Cost $183.20 Unrealized —

ARES ARES MANAGEMENT CORPORATION CL A COM STK 1.1%

Value $1.9M (+173.4%) Shares 17,073 (+168.0%) Est. Cost $127.60 Unrealized —

MSFT MICROSOFT CORP COM 4.7%

Value $8.434M (+14.3%) Shares 22,610 (+13.4%) Est. Cost $221.92 Unrealized —

BX BLACKSTONE INC COM 0.5%

Value $962K (+143.0%) Shares 8,172 (+137.5%) Est. Cost $131.89 Unrealized —

ZS ZSCALER INC COM 0.5%

Value $815K (+163.3%) Shares 5,772 (+161.7%) Est. Cost $157.00 Unrealized —

BOW BOWHEAD SPECIALTY HLDGS INC COM SHS 0.8%

Value $1.526M (+36.6%) Shares 50,981 (+2.4%) Est. Cost $25.17 Unrealized —

NFLX NETFLIX INC. COM 0.5%

Value $859K (-23.0%) Shares 12,034 (+3.7%) Est. Cost $83.39 Unrealized —

VUG VANGUARD GROWTH ETF 0.6%

Value $1.066M (+17.4%) Shares 12,375 (+495.5%) Est. Cost $145.02 Unrealized —

AIG AMERICAN INTL GROUP INC COM NEW 0.6%

Value $1.086M (+10.2%) Shares 14,568 (+11.3%) Est. Cost $55.92 Unrealized —

FERG FERGUSON ENTERPRISES INC COMMON STOCK NEW 0.7%

Value $1.193M (+4.6%) Shares 5,025 (+2.8%) Est. Cost $250.69 Unrealized —

IWF ISHARES RUSSELL 1000 GROWTH ETF 0.2%

Value $274K (+16.5%) Shares 2,204 (+300.0%) Est. Cost $199.73 Unrealized —

TLT ISHARES 20 YEAR TREASURY BOND ETF 0.2%

Value $313K (+2.8%) Shares 3,627 (+3.1%) Est. Cost $94.14 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRX	BRIXMOR PPTY GROUP INC COM	131,857 (+41.7%)	$4.157M (+55.1%)	2.3%	$27.45	—	REIT	11120U105
NVDA	NVIDIA CORPORATION COM	27,603 (+12.1%)	$5.523M (+28.6%)	3.1%	$183.20	—	Stock	67066G104
ARES	ARES MANAGEMENT CORPORATION CL A COM STK	17,073 (+168.0%)	$1.9M (+173.4%)	1.1%	$127.60	—	Stock	03990B101
MSFT	MICROSOFT CORP COM	22,610 (+13.4%)	$8.434M (+14.3%)	4.7%	$221.92	—	Stock	594918104
BX	BLACKSTONE INC COM	8,172 (+137.5%)	$962K (+143.0%)	0.5%	$131.89	—	Stock	09260D107
ZS	ZSCALER INC COM	5,772 (+161.7%)	$815K (+163.3%)	0.5%	$157.00	—	Stock	98980G102
BOW	BOWHEAD SPECIALTY HLDGS INC COM SHS	50,981 (+2.4%)	$1.526M (+36.6%)	0.8%	$25.17	—	Stock	10240L102
NFLX	NETFLIX INC. COM	12,034 (+3.7%)	$859K (-23.0%)	0.5%	$83.39	—	Stock	64110L106
VUG	VANGUARD GROWTH ETF	12,375 (+495.5%)	$1.066M (+17.4%)	0.6%	$145.02	—	ETF	922908736
AIG	AMERICAN INTL GROUP INC COM NEW	14,568 (+11.3%)	$1.086M (+10.2%)	0.6%	$55.92	—	Stock	026874784
FERG	FERGUSON ENTERPRISES INC COMMON STOCK NEW	5,025 (+2.8%)	$1.193M (+4.6%)	0.7%	$250.69	—	Stock	31488V107
IWF	ISHARES RUSSELL 1000 GROWTH ETF	2,204 (+300.0%)	$274K (+16.5%)	0.2%	$199.73	—	ETF	464287614
TLT	ISHARES 20 YEAR TREASURY BOND ETF	3,627 (+3.1%)	$313K (+2.8%)	0.2%	$94.14	—	ETF	464287432

Exited Positions (3)

HON HONEYWELL INTL INC COM 1.2%

Value $2.197M Shares 9,719 Est. Cost $163.46 Unrealized —

GPZ VANECK ALTERNATIVE ASSET MANAGER ETF 0.9%

Value $1.66M Shares 77,294 Est. Cost $21.48 Unrealized —

BUG GLOBAL X CYBERSECURITY ETF 0.3%

Value $489K Shares 19,464 Est. Cost $25.11 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC COM	9,719	$2.197M	1.2%	$163.46	—	—	438516106
GPZ	VANECK ALTERNATIVE ASSET MANAGER ETF	77,294	$1.66M	0.9%	$21.48	—	—	92189H649
BUG	GLOBAL X CYBERSECURITY ETF	19,464	$489K	0.3%	$25.11	—	—	37954Y384

Decreased Positions (15)

AMD ADVANCED MICRO DEVICES INC COM 4.2%

Value $7.467M (+28.9%) Shares 12,854 (-54.9%) Est. Cost $153.66 Unrealized —

ABT ABBOTT LABORATORIES COM 0.8%

Value $1.502M (-48.2%) Shares 16,554 (-41.4%) Est. Cost $81.25 Unrealized —

NVO NOVO-NORDISK A S ADR 0.5%

Value $836K (-51.4%) Shares 17,429 (-62.7%) Est. Cost $69.96 Unrealized —

FISV FISERV INC COM 0.2%

Value $360K (-66.2%) Shares 7,333 (-61.5%) Est. Cost $92.21 Unrealized —

UNH UNITEDHEALTH GROUP INC COM 1.1%

Value $1.909M (+52.0%) Shares 4,593 (-1.1%) Est. Cost $330.17 Unrealized —

BJ BJS WHSL CLUB HLDGS INC COM 1.3%

Value $2.323M (-12.8%) Shares 26,638 (-1.6%) Est. Cost $89.46 Unrealized —

CECO CECO ENVIRONMENTAL CORP COM 0.6%

Value $1.053M (+46.3%) Shares 11,610 (-4.0%) Est. Cost $13.69 Unrealized —

FLCC FEDERATED HERMES MDT LARGE CAP CORE ETF 1.6%

Value $2.807M (+12.3%) Shares 79,890 (-1.4%) Est. Cost $32.02 Unrealized —

TSPA T. ROWE PRICE U.S. EQUITY RESEARCH ETF 0.9%

Value $1.644M (+13.6%) Shares 34,590 (-2.3%) Est. Cost $37.02 Unrealized —

ON ON SEMICONDUCTOR CORP COM 0.7%

Value $1.245M (-9.5%) Shares 13,170 (-40.7%) Est. Cost $67.29 Unrealized —

PVAL PUTNAM FOCUSED LARGE CAP VALUE ETF 0.6%

Value $1.13M (+6.6%) Shares 22,185 (-3.0%) Est. Cost $37.39 Unrealized —

JAAA JANUS HENDERSON AAA CLO ETF 2.8%

Value $5.093M (-1.0%) Shares 100,862 (-1.2%) Est. Cost $50.74 Unrealized —

SPY STATE STREET SPDR S&P 500 ETF 0.4%

Value $652K (+7.2%) Shares 873 (-6.6%) Est. Cost $578.33 Unrealized —

CLOA ISHARES AAA CLO ACTIVE ETF 0.9%

Value $1.67M (-0.9%) Shares 32,178 (-1.1%) Est. Cost $51.88 Unrealized —

CCB COASTAL FINL CORP WA COM NEW 0.9%

Value $1.549M (-0.5%) Shares 19,982 (-2.3%) Est. Cost $52.48 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC COM	12,854 (-54.9%)	$7.467M (+28.9%)	4.2%	$153.66	—	Stock	007903107
ABT	ABBOTT LABORATORIES COM	16,554 (-41.4%)	$1.502M (-48.2%)	0.8%	$81.25	—	Stock	002824100
NVO	NOVO-NORDISK A S ADR	17,429 (-62.7%)	$836K (-51.4%)	0.5%	$69.96	—	ADR	670100205
FISV	FISERV INC COM	7,333 (-61.5%)	$360K (-66.2%)	0.2%	$92.21	—	Stock	337738108
UNH	UNITEDHEALTH GROUP INC COM	4,593 (-1.1%)	$1.909M (+52.0%)	1.1%	$330.17	—	Stock	91324P102
BJ	BJS WHSL CLUB HLDGS INC COM	26,638 (-1.6%)	$2.323M (-12.8%)	1.3%	$89.46	—	Stock	05550J101
CECO	CECO ENVIRONMENTAL CORP COM	11,610 (-4.0%)	$1.053M (+46.3%)	0.6%	$13.69	—	Stock	125141101
FLCC	FEDERATED HERMES MDT LARGE CAP CORE ETF	79,890 (-1.4%)	$2.807M (+12.3%)	1.6%	$32.02	—	ETF	31423L503
TSPA	T. ROWE PRICE U.S. EQUITY RESEARCH ETF	34,590 (-2.3%)	$1.644M (+13.6%)	0.9%	$37.02	—	ETF	87283Q503
ON	ON SEMICONDUCTOR CORP COM	13,170 (-40.7%)	$1.245M (-9.5%)	0.7%	$67.29	—	Stock	682189105
PVAL	PUTNAM FOCUSED LARGE CAP VALUE ETF	22,185 (-3.0%)	$1.13M (+6.6%)	0.6%	$37.39	—	ETF	746729300
JAAA	JANUS HENDERSON AAA CLO ETF	100,862 (-1.2%)	$5.093M (-1.0%)	2.8%	$50.74	—	ETF	47103U845
SPY	STATE STREET SPDR S&P 500 ETF	873 (-6.6%)	$652K (+7.2%)	0.4%	$578.33	—	ETF	78462F103
CLOA	ISHARES AAA CLO ACTIVE ETF	32,178 (-1.1%)	$1.67M (-0.9%)	0.9%	$51.88	—	ETF	092528504
CCB	COASTAL FINL CORP WA COM NEW	19,982 (-2.3%)	$1.549M (-0.5%)	0.9%	$52.48	—	Stock	19046P209

Unchanged Positions (42)

ASML ASML HLDG NV N Y REGISTRY SHS 5.6%

Value $10.08M Shares 5,068 Est. Cost $684.02 Unrealized —

GOOGL ALPHABET INC CAP STK CL A 7.3%

Value $13.08M Shares 36,607 Est. Cost $151.72 Unrealized —

APH AMPHENOL CORP CL A 3.3%

Value $5.996M Shares 34,007 Est. Cost $71.09 Unrealized —

VBNK VERSABANK NEW COM 2.3%

Value $4.213M Shares 181,521 Est. Cost $10.33 Unrealized —

LLY ELI LILLY & CO COM 3.4%

Value $6.108M Shares 5,092 Est. Cost $693.52 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS 2.7%

Value $4.804M Shares 10,060 Est. Cost $117.43 Unrealized —

AMZN AMAZON COM INC COM 4.3%

Value $7.709M Shares 32,347 Est. Cost $185.19 Unrealized —

AAPL APPLE INC COM 3.3%

Value $5.957M Shares 20,586 Est. Cost $138.13 Unrealized —

FSLR FIRST SOLAR INC COM 1.8%

Value $3.287M Shares 13,931 Est. Cost $175.98 Unrealized —

RRC RANGE RES CORP COM 1.0%

Value $1.726M Shares 46,406 Est. Cost $36.27 Unrealized —

V VISA INC COM CL A 1.6%

Value $2.891M Shares 8,427 Est. Cost $194.22 Unrealized —

ESQ ESQUIRE FINL HLDGS INC COM 1.8%

Value $3.224M Shares 27,069 Est. Cost $45.78 Unrealized —

EOG EOG RES INC COM 1.6%

Value $2.816M Shares 21,708 Est. Cost $58.75 Unrealized —

NOC NORTHROP GRUMMAN CORP COM 0.5%

Value $887K Shares 1,742 Est. Cost $291.51 Unrealized —

NEM NEWMONT CORP COM 0.7%

Value $1.318M Shares 14,115 Est. Cost $43.88 Unrealized —

CSL CARLISLE COS INC COM 1.3%

Value $2.409M Shares 6,640 Est. Cost $371.49 Unrealized —

CFG CITIZENS FINL GROUP INC COM 0.8%

Value $1.364M Shares 19,460 Est. Cost $63.11 Unrealized —

SAP SAP SE SPON ADR 0.9%

Value $1.656M Shares 10,748 Est. Cost $109.69 Unrealized —

EQIX EQUINIX INC COM 1.7%

Value $3.001M Shares 2,879 Est. Cost $733.28 Unrealized —

AZN ASTRAZENECA PLC ORD 2.3%

Value $4.087M Shares 21,552 Est. Cost $190.39 Unrealized —

UNP UNION PAC CORP COM 0.8%

Value $1.418M Shares 5,214 Est. Cost $149.41 Unrealized —

MCD MCDONALDS CORP COM 0.5%

Value $950K Shares 3,514 Est. Cost $317.25 Unrealized —

WSO WATSCO INC COM 0.4%

Value $802K Shares 1,925 Est. Cost $181.90 Unrealized —

SACH SACHEM CAP CORP COM 0.6%

Value $1.079M Shares 1,146,768 Est. Cost $1.27 Unrealized —

CPK CHESAPEAKE UTILS CORP COM 1.3%

Value $2.393M Shares 19,540 Est. Cost $110.56 Unrealized —

BBSI BARRETT BUSINESS SVCS INC COM 0.2%

Value $286K Shares 8,040 Est. Cost $29.72 Unrealized —

MRK MERCK & CO INC COM 0.5%

Value $861K Shares 6,698 Est. Cost $62.03 Unrealized —

MMM 3M CO COM 0.2%

Value $437K Shares 2,702 Est. Cost $129.17 Unrealized —

MA MASTERCARD INCORPORATED CL A 1.1%

Value $2.033M Shares 3,958 Est. Cost $287.69 Unrealized —

PEP PEPSICO INC COM 0.2%

Value $280K Shares 2,068 Est. Cost $142.76 Unrealized —

CRH CRH PLC ORD 1.5%

Value $2.697M Shares 25,203 Est. Cost $88.24 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW 0.3%

Value $475K Shares 950 Est. Cost $296.98 Unrealized —

RDCM RADCOM LTD SHS NEW 0.1%

Value $141K Shares 10,000 Est. Cost $13.64 Unrealized —

EGY VAALCO ENERGY INC COM NEW 0.0%

Value $73,254 Shares 14,420 Est. Cost $3.79 Unrealized —

UBER UBER TECHNOLOGIES INC COM 2.4%

Value $4.373M Shares 60,605 Est. Cost $71.31 Unrealized —

JNJ JOHNSON & JOHNSON COM 0.1%

Value $254K Shares 1,002 Est. Cost $227.87 Unrealized —

FLGR FRANKLIN FTSE GERMANY ETF 0.3%

Value $459K Shares 14,254 Est. Cost $31.28 Unrealized —

ACIC AMERICAN COASTAL INS CORP COM 0.2%

Value $281K Shares 25,322 Est. Cost $5.86 Unrealized —

DIS DISNEY WALT CO COM 0.6%

Value $1.044M Shares 10,847 Est. Cost $91.41 Unrealized —

CTVA CORTEVA INC COM 0.1%

Value $207K Shares 2,441 Est. Cost $72.77 Unrealized —

CHDN CHURCHILL DOWNS INC COM 0.1%

Value $206K Shares 2,300 Est. Cost $130.45 Unrealized —

AQST AQUESTIVE THERAPEUTICS INC COM 0.0%

Value $43,680 Shares 10,500 Est. Cost $4.32 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ASML	ASML HLDG NV N Y REGISTRY SHS	5,068	$10.08M	5.6%	$684.02	—	ADR	N07059210
GOOGL	ALPHABET INC CAP STK CL A	36,607	$13.08M	7.3%	$151.72	—	Stock	02079K305
APH	AMPHENOL CORP CL A	34,007	$5.996M	3.3%	$71.09	—	Stock	032095101
VBNK	VERSABANK NEW COM	181,521	$4.213M	2.3%	$10.33	—	Stock	92512J106
LLY	ELI LILLY & CO COM	5,092	$6.108M	3.4%	$693.52	—	Stock	532457108
TSM	TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS	10,060	$4.804M	2.7%	$117.43	—	ADR	874039100
AMZN	AMAZON COM INC COM	32,347	$7.709M	4.3%	$185.19	—	Stock	023135106
AAPL	APPLE INC COM	20,586	$5.957M	3.3%	$138.13	—	Stock	037833100
FSLR	FIRST SOLAR INC COM	13,931	$3.287M	1.8%	$175.98	—	Stock	336433107
RRC	RANGE RES CORP COM	46,406	$1.726M	1.0%	$36.27	—	Stock	75281A109
V	VISA INC COM CL A	8,427	$2.891M	1.6%	$194.22	—	Stock	92826C839
ESQ	ESQUIRE FINL HLDGS INC COM	27,069	$3.224M	1.8%	$45.78	—	Stock	29667J101
EOG	EOG RES INC COM	21,708	$2.816M	1.6%	$58.75	—	Stock	26875P101
NOC	NORTHROP GRUMMAN CORP COM	1,742	$887K	0.5%	$291.51	—	Stock	666807102
NEM	NEWMONT CORP COM	14,115	$1.318M	0.7%	$43.88	—	Stock	651639106
CSL	CARLISLE COS INC COM	6,640	$2.409M	1.3%	$371.49	—	Stock	142339100
CFG	CITIZENS FINL GROUP INC COM	19,460	$1.364M	0.8%	$63.11	—	Stock	174610105
SAP	SAP SE SPON ADR	10,748	$1.656M	0.9%	$109.69	—	ADR	803054204
EQIX	EQUINIX INC COM	2,879	$3.001M	1.7%	$733.28	—	REIT	29444U700
AZN	ASTRAZENECA PLC ORD	21,552	$4.087M	2.3%	$190.39	—	ADR	G0593M107
UNP	UNION PAC CORP COM	5,214	$1.418M	0.8%	$149.41	—	Stock	907818108
MCD	MCDONALDS CORP COM	3,514	$950K	0.5%	$317.25	—	Stock	580135101
WSO	WATSCO INC COM	1,925	$802K	0.4%	$181.90	—	Stock	942622200
SACH	SACHEM CAP CORP COM	1,146,768	$1.079M	0.6%	$1.27	—	REIT	78590A109
CPK	CHESAPEAKE UTILS CORP COM	19,540	$2.393M	1.3%	$110.56	—	Stock	165303108
BBSI	BARRETT BUSINESS SVCS INC COM	8,040	$286K	0.2%	$29.72	—	Stock	068463108
MRK	MERCK & CO INC COM	6,698	$861K	0.5%	$62.03	—	Stock	58933Y105
MMM	3M CO COM	2,702	$437K	0.2%	$129.17	—	Stock	88579Y101
MA	MASTERCARD INCORPORATED CL A	3,958	$2.033M	1.1%	$287.69	—	Stock	57636Q104
PEP	PEPSICO INC COM	2,068	$280K	0.2%	$142.76	—	Stock	713448108
CRH	CRH PLC ORD	25,203	$2.697M	1.5%	$88.24	—	Stock	G25508105
BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	950	$475K	0.3%	$296.98	—	Stock	084670702
RDCM	RADCOM LTD SHS NEW	10,000	$141K	0.1%	$13.64	—	Stock	M81865111
EGY	VAALCO ENERGY INC COM NEW	14,420	$73,254	0.0%	$3.79	—	Stock	91851C201
UBER	UBER TECHNOLOGIES INC COM	60,605	$4.373M	2.4%	$71.31	—	Stock	90353T100
JNJ	JOHNSON & JOHNSON COM	1,002	$254K	0.1%	$227.87	—	Stock	478160104
FLGR	FRANKLIN FTSE GERMANY ETF	14,254	$459K	0.3%	$31.28	—	ETF	35473P785
ACIC	AMERICAN COASTAL INS CORP COM	25,322	$281K	0.2%	$5.86	—	Stock	910710102
DIS	DISNEY WALT CO COM	10,847	$1.044M	0.6%	$91.41	—	Stock	254687106
CTVA	CORTEVA INC COM	2,441	$207K	0.1%	$72.77	—	Stock	22052L104
CHDN	CHURCHILL DOWNS INC COM	2,300	$206K	0.1%	$130.45	—	Stock	171484108
AQST	AQUESTIVE THERAPEUTICS INC COM	10,500	$43,680	0.0%	$4.32	—	Stock	03843E104