Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	5,660	$2M	1.0%	$353.33	—	CAP STK CL C	02079K107
AMD	ADVANCED MICRO DEVICES INC	750	$436K	0.2%	$580.91	—	COM	007903107
CSCO	CISCO SYS INC	2,150	$253K	0.1%	$117.46	—	COM	17275R102
ASML	ASML HLDG NV	125	$249K	0.1%	$1989.44	—	N Y REGISTRY SHS	N07059210
CMCSA	COMCAST CORP NEW	10,000	$246K	0.1%	$24.55	—	CL A	20030N101

Increased Positions (4)

LLY ELI LILLY & CO 5.5%

Value $10.72M (+847.9%) Shares 8,941 (+626.9%) Est. Cost $1130.39 Unrealized —

CAT CATERPILLAR INC 1.3%

Value $2.513M (+52.2%) Shares 2,360 (+1.3%) Est. Cost $301.76 Unrealized —

BHVN BIOHAVEN LTD 0.2%

Value $402K (+179.3%) Shares 27,000 (+58.8%) Est. Cost $14.68 Unrealized —

TJX TJX COS INC NEW 0.2%

Value $301K (-2.7%) Shares 1,985 (+2.6%) Est. Cost $77.63 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	8,941 (+626.9%)	$10.72M (+847.9%)	5.5%	$1130.39	—	COM	532457108
CAT	CATERPILLAR INC	2,360 (+1.3%)	$2.513M (+52.2%)	1.3%	$301.76	—	COM	149123101
BHVN	BIOHAVEN LTD	27,000 (+58.8%)	$402K (+179.3%)	0.2%	$14.68	—	COM	G1110E107
TJX	TJX COS INC NEW	1,985 (+2.6%)	$301K (-2.7%)	0.2%	$77.63	—	COM	872540109

Exited Positions (4)

MCD MCDONALDS CORP 0.4%

Value $757K Shares 2,435 Est. Cost $317.25 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $236K Shares 4,700 Est. Cost $43.82 Unrealized —

NFLX NETFLIX INC. 0.1%

Value $231K Shares 2,400 Est. Cost $106.61 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value $207K Shares 600 Est. Cost $343.14 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MCD	MCDONALDS CORP	2,435	$757K	0.4%	$317.25	—	—	580135101
VZ	VERIZON COMMUNICATIONS INC	4,700	$236K	0.1%	$43.82	—	—	92343V104
NFLX	NETFLIX INC.	2,400	$231K	0.1%	$106.61	—	—	64110L106
LHX	L3HARRIS TECHNOLOGIES INC	600	$207K	0.1%	$343.14	—	—	502431109

Decreased Positions (30)

COST COSTCO WHOLESALE CORPORATION 1.2%

Value $2.294M (-76.5%) Shares 2,452 (-74.9%) Est. Cost $924.69 Unrealized —

JNJ JOHNSON & JOHNSON 4.1%

Value $8.081M (-33.2%) Shares 31,820 (-35.7%) Est. Cost $188.63 Unrealized —

NEE NEXTERA ENERGY INC 3.9%

Value $7.545M (-29.7%) Shares 85,959 (-25.6%) Est. Cost $71.09 Unrealized —

WMT WALMART INC 4.7%

Value $9.07M (-23.1%) Shares 80,081 (-15.6%) Est. Cost $59.62 Unrealized —

XLK SELECT SECTOR SPDR TR 4.7%

Value $9.059M (+40.3%) Shares 47,550 (-2.1%) Est. Cost $155.85 Unrealized —

AEP AMERICAN ELEC PWR CO INC 1.5%

Value $2.948M (-45.3%) Shares 21,545 (-47.6%) Est. Cost $114.49 Unrealized —

DUK DUKE ENERGY CORP NEW 2.3%

Value $4.394M (-33.8%) Shares 34,713 (-31.6%) Est. Cost $98.56 Unrealized —

KO COCA COLA CO 2.8%

Value $5.379M (-23.7%) Shares 66,181 (-28.6%) Est. Cost $67.05 Unrealized —

WM WASTE MGMT INC DEL 0.7%

Value $1.306M (-53.7%) Shares 5,860 (-52.3%) Est. Cost $221.47 Unrealized —

PEP PEPSICO INC 2.3%

Value $4.427M (-15.8%) Shares 32,699 (-3.4%) Est. Cost $138.54 Unrealized —

AAPL APPLE INC 4.6%

Value $9.022M (+9.4%) Shares 31,178 (-4.1%) Est. Cost $148.55 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.2%

Value $2.401M (+45.9%) Shares 5,777 (-5.0%) Est. Cost $373.32 Unrealized —

JPM JPMORGAN CHASE & CO 6.4%

Value $12.47M (+4.9%) Shares 38,086 (-5.7%) Est. Cost $124.17 Unrealized —

NVDA NVIDIA CORPORATION 4.5%

Value $8.739M (+7.0%) Shares 43,675 (-6.7%) Est. Cost $112.90 Unrealized —

XLV SELECT SECTOR SPDR TR 4.8%

Value $9.405M (+6.3%) Shares 59,280 (-1.8%) Est. Cost $123.79 Unrealized —

PG PROCTER & GAMBLE CO 1.6%

Value $3.15M (-14.2%) Shares 21,480 (-15.5%) Est. Cost $136.21 Unrealized —

GOOGL ALPHABET INC 2.5%

Value $4.853M (+7.6%) Shares 13,580 (-13.4%) Est. Cost $221.68 Unrealized —

XOM EXXON MOBIL CORP 0.5%

Value $899K (-22.9%) Shares 6,575 (-4.4%) Est. Cost $104.55 Unrealized —

AMZN AMAZON COM INC 2.5%

Value $4.813M (+5.6%) Shares 20,195 (-7.8%) Est. Cost $198.70 Unrealized —

HD HOME DEPOT INC 3.8%

Value $7.376M (+3.2%) Shares 20,913 (-3.7%) Est. Cost $258.90 Unrealized —

AXP AMERICAN EXPRESS CO 2.2%

Value $4.353M (+5.2%) Shares 12,870 (-5.9%) Est. Cost $204.63 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value $446K (-25.0%) Shares 891 (-28.2%) Est. Cost $448.04 Unrealized —

XLE SELECT SECTOR SPDR TR 0.4%

Value $803K (-15.3%) Shares 15,125 (-2.3%) Est. Cost $64.15 Unrealized —

XLF SELECT SECTOR SPDR TR 1.5%

Value $2.857M (+5.1%) Shares 53,291 (-3.2%) Est. Cost $43.37 Unrealized —

XLI SELECT SECTOR SPDR TR 0.6%

Value $1.142M (+13.2%) Shares 6,165 (-1.2%) Est. Cost $108.39 Unrealized —

SYY SYSCO CORP 0.5%

Value $958K (+12.3%) Shares 11,462 (-4.2%) Est. Cost $61.76 Unrealized —

XLC SELECT SECTOR SPDR TR 0.8%

Value $1.515M (-5.7%) Shares 14,139 (-2.4%) Est. Cost $103.85 Unrealized —

SO SOUTHERN CO 0.7%

Value $1.271M (-3.7%) Shares 13,275 (-2.9%) Est. Cost $75.41 Unrealized —

ABBV ABBVIE INC 0.1%

Value $201K (-7.4%) Shares 800 (-20.0%) Est. Cost $201.95 Unrealized —

XLP SELECT SECTOR SPDR TR 0.3%

Value $514K (-1.0%) Shares 6,185 (-2.3%) Est. Cost $70.62 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COST	COSTCO WHOLESALE CORPORATION	2,452 (-74.9%)	$2.294M (-76.5%)	1.2%	$924.69	—	COM	22160K105
JNJ	JOHNSON & JOHNSON	31,820 (-35.7%)	$8.081M (-33.2%)	4.1%	$188.63	—	COM	478160104
NEE	NEXTERA ENERGY INC	85,959 (-25.6%)	$7.545M (-29.7%)	3.9%	$71.09	—	COM	65339F101
WMT	WALMART INC	80,081 (-15.6%)	$9.07M (-23.1%)	4.7%	$59.62	—	COM	931142103
XLK	SELECT SECTOR SPDR TR	47,550 (-2.1%)	$9.059M (+40.3%)	4.7%	$155.85	—	ST STR TECHN ETF	81369Y803
AEP	AMERICAN ELEC PWR CO INC	21,545 (-47.6%)	$2.948M (-45.3%)	1.5%	$114.49	—	COM	025537101
DUK	DUKE ENERGY CORP NEW	34,713 (-31.6%)	$4.394M (-33.8%)	2.3%	$98.56	—	COM NEW	26441C204
KO	COCA COLA CO	66,181 (-28.6%)	$5.379M (-23.7%)	2.8%	$67.05	—	COM	191216100
WM	WASTE MGMT INC DEL	5,860 (-52.3%)	$1.306M (-53.7%)	0.7%	$221.47	—	COM	94106L109
PEP	PEPSICO INC	32,699 (-3.4%)	$4.427M (-15.8%)	2.3%	$138.54	—	COM	713448108
AAPL	APPLE INC	31,178 (-4.1%)	$9.022M (+9.4%)	4.6%	$148.55	—	COM	037833100
UNH	UNITEDHEALTH GROUP INC	5,777 (-5.0%)	$2.401M (+45.9%)	1.2%	$373.32	—	COM	91324P102
JPM	JPMORGAN CHASE & CO	38,086 (-5.7%)	$12.47M (+4.9%)	6.4%	$124.17	—	COM	46625H100
NVDA	NVIDIA CORPORATION	43,675 (-6.7%)	$8.739M (+7.0%)	4.5%	$112.90	—	COM	67066G104
XLV	SELECT SECTOR SPDR TR	59,280 (-1.8%)	$9.405M (+6.3%)	4.8%	$123.79	—	ST STR CARE ETF	81369Y209
PG	PROCTER & GAMBLE CO	21,480 (-15.5%)	$3.15M (-14.2%)	1.6%	$136.21	—	COM	742718109
GOOGL	ALPHABET INC	13,580 (-13.4%)	$4.853M (+7.6%)	2.5%	$221.68	—	CAP STK CL A	02079K305
XOM	EXXON MOBIL CORP	6,575 (-4.4%)	$899K (-22.9%)	0.5%	$104.55	—	COM	30231G102
AMZN	AMAZON COM INC	20,195 (-7.8%)	$4.813M (+5.6%)	2.5%	$198.70	—	COM	023135106
HD	HOME DEPOT INC	20,913 (-3.7%)	$7.376M (+3.2%)	3.8%	$258.90	—	COM	437076102
AXP	AMERICAN EXPRESS CO	12,870 (-5.9%)	$4.353M (+5.2%)	2.2%	$204.63	—	COM	025816109
BRK/B	BERKSHIRE HATHAWAY INC DEL	891 (-28.2%)	$446K (-25.0%)	0.2%	$448.04	—	CL B NEW	084670702
XLE	SELECT SECTOR SPDR TR	15,125 (-2.3%)	$803K (-15.3%)	0.4%	$64.15	—	ST STR ENERG ETF	81369Y506
XLF	SELECT SECTOR SPDR TR	53,291 (-3.2%)	$2.857M (+5.1%)	1.5%	$43.37	—	ST STR FINL ETF	81369Y605
XLI	SELECT SECTOR SPDR TR	6,165 (-1.2%)	$1.142M (+13.2%)	0.6%	$108.39	—	ST STR INDL ETF	81369Y704
SYY	SYSCO CORP	11,462 (-4.2%)	$958K (+12.3%)	0.5%	$61.76	—	COM	871829107
XLC	SELECT SECTOR SPDR TR	14,139 (-2.4%)	$1.515M (-5.7%)	0.8%	$103.85	—	ST STR SVC ETF	81369Y852
SO	SOUTHERN CO	13,275 (-2.9%)	$1.271M (-3.7%)	0.7%	$75.41	—	COM	842587107
ABBV	ABBVIE INC	800 (-20.0%)	$201K (-7.4%)	0.1%	$201.95	—	COM	00287Y109
XLP	SELECT SECTOR SPDR TR	6,185 (-2.3%)	$514K (-1.0%)	0.3%	$70.62	—	ST STR STAPL ETF	81369Y308

Unchanged Positions (23)

UNP UNION PAC CORP 2.9%

Value $5.684M Shares 20,898 Est. Cost $192.12 Unrealized —

GEV GE VERNOVA INC 1.0%

Value $1.994M Shares 1,697 Est. Cost $415.97 Unrealized —

MSFT MICROSOFT CORP 13.5%

Value $26.23M Shares 70,308 Est. Cost $280.76 Unrealized —

T AT&T INC 0.3%

Value $515K Shares 24,900 Est. Cost $25.29 Unrealized —

V VISA INC 0.8%

Value $1.594M Shares 4,645 Est. Cost $271.55 Unrealized —

XLY SELECT SECTOR SPDR TR 1.3%

Value $2.579M Shares 21,993 Est. Cost $144.95 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.5%

Value $1.052M Shares 1,409 Est. Cost $428.38 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.4%

Value $809K Shares 800 Est. Cost $568.91 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.2%

Value $334K Shares 700 Est. Cost $303.89 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value $406K Shares 551 Est. Cost $422.87 Unrealized —

DE DEERE & CO 0.3%

Value $634K Shares 1,000 Est. Cost $351.30 Unrealized —

CVX CHEVRON CORPORATION 0.1%

Value $282K Shares 1,700 Est. Cost $150.06 Unrealized —

MS MORGAN STANLEY 0.2%

Value $314K Shares 1,500 Est. Cost $137.98 Unrealized —

LMT LOCKHEED MARTIN CORP 0.2%

Value $306K Shares 600 Est. Cost $446.12 Unrealized —

CNI CANADIAN NATL RY CO 0.2%

Value $350K Shares 2,932 Est. Cost $97.95 Unrealized —

MAR MARRIOTT INTL INC NEW 0.2%

Value $315K Shares 850 Est. Cost $183.02 Unrealized —

MRK MERCK & CO INC 0.3%

Value $550K Shares 4,280 Est. Cost $86.89 Unrealized —

NSC NORFOLK SOUTHN CORP 0.2%

Value $315K Shares 1,000 Est. Cost $222.40 Unrealized —

— GABELLI DIVID & INCOME TR 0.1%

Value $244K Shares 8,300 Est. Cost $24.45 Unrealized —

WFC WELLS FARGO & CO 0.1%

Value $248K Shares 3,000 Est. Cost $37.64 Unrealized —

AMGN AMGEN INC 0.1%

Value $277K Shares 765 Est. Cost $287.02 Unrealized —

XLU SELECT SECTOR SPDR TR 0.3%

Value $599K Shares 13,219 Est. Cost $53.53 Unrealized —

TKO TKO GROUP HOLDINGS INC 0.2%

Value $362K Shares 1,800 Est. Cost $100.28 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UNP	UNION PAC CORP	20,898	$5.684M	2.9%	$192.12	—	COM	907818108
GEV	GE VERNOVA INC	1,697	$1.994M	1.0%	$415.97	—	COM	36828A101
MSFT	MICROSOFT CORP	70,308	$26.23M	13.5%	$280.76	—	COM	594918104
T	AT&T INC	24,900	$515K	0.3%	$25.29	—	COM	00206R102
V	VISA INC	4,645	$1.594M	0.8%	$271.55	—	COM CL A	92826C839
XLY	SELECT SECTOR SPDR TR	21,993	$2.579M	1.3%	$144.95	—	ST STR DISCR ETF	81369Y407
SPY	STATE STR SPDR S&P 500 ETF T	1,409	$1.052M	0.5%	$428.38	—	TR UNIT	78462F103
GS	GOLDMAN SACHS GROUP INC	800	$809K	0.4%	$568.91	—	COM	38141G104
TSM	TAIWAN SEMICONDUCTOR MANUFAC	700	$334K	0.2%	$303.89	—	SPONSORED ADS	874039100
QQQ	INVESCO QQQ TR	551	$406K	0.2%	$422.87	—	UNIT SER 1	46090E103
DE	DEERE & CO	1,000	$634K	0.3%	$351.30	—	COM	244199105
CVX	CHEVRON CORPORATION	1,700	$282K	0.1%	$150.06	—	COM	166764100
MS	MORGAN STANLEY	1,500	$314K	0.2%	$137.98	—	COM NEW	617446448
LMT	LOCKHEED MARTIN CORP	600	$306K	0.2%	$446.12	—	COM	539830109
CNI	CANADIAN NATL RY CO	2,932	$350K	0.2%	$97.95	—	COM	136375102
MAR	MARRIOTT INTL INC NEW	850	$315K	0.2%	$183.02	—	CL A	571903202
MRK	MERCK & CO INC	4,280	$550K	0.3%	$86.89	—	COM	58933Y105
NSC	NORFOLK SOUTHN CORP	1,000	$315K	0.2%	$222.40	—	COM	655844108
—	GABELLI DIVID & INCOME TR	8,300	$244K	0.1%	$24.45	—	COM	36242H104
WFC	WELLS FARGO & CO	3,000	$248K	0.1%	$37.64	—	COM	949746101
AMGN	AMGEN INC	765	$277K	0.1%	$287.02	—	COM	031162100
XLU	SELECT SECTOR SPDR TR	13,219	$599K	0.3%	$53.53	—	ST STR UTIL ETF	81369Y886
TKO	TKO GROUP HOLDINGS INC	1,800	$362K	0.2%	$100.28	—	CL A	87256C101