Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	22,888	$1.78M	1.3%	$77.76	—	ACT	F92124100
GIB	CGI INC	17,159	$1.108M	0.8%	$64.57	—	CL A SUB VTG	12532H104
HON	HONEYWELL INTL INC	1,987	$445K	0.3%	$223.90	—	COM	438516205
HONA	HONEYWELL AEROSPACE INC	1,987	$439K	0.3%	$221.08	—	COM	43849R105
TMO	THERMO FISHER SCIENTIFIC INC	863	$433K	0.3%	$501.36	—	COM	883556102
FDS	FACTSET RESH SYS INC	1,275	$293K	0.2%	$230.08	—	COM	303075105
MRSH	MARSH & MCLENNAN COS INC	1,657	$276K	0.2%	$166.67	—	COM	571748102
NVO	NOVO-NORDISK A S	5,415	$260K	0.2%	$47.94	—	ADR	670100205
CRM	SALESFORCE INC	1,625	$255K	0.2%	$156.66	—	COM	79466L302
STRA	STRATEGIC ED INC	2,827	$217K	0.2%	$76.62	—	COM	86272C103
SPYG	SPDR SERIES TRUST	1,777	$211K	0.2%	$118.99	—	ST STR P500GRW	78464A409
—	KOREA FD INC	2,783	$209K	0.2%	$75.21	—	COM NEW	500634209

Increased Positions (19)

SHV ISHARES TR 2.4%

Value $3.124M (+54.1%) Shares 28,310 (+54.2%) Est. Cost $110.27 Unrealized —

EWJ ISHARES INC 3.1%

Value $4.101M (+22.1%) Shares 43,973 (+10.5%) Est. Cost $74.51 Unrealized —

JMTG J P MORGAN EXCHANGE TRADED F 1.2%

Value $1.618M (+72.2%) Shares 31,925 (+73.3%) Est. Cost $50.88 Unrealized —

CWB SPDR SERIES TRUST 2.4%

Value $3.231M (+19.1%) Shares 29,967 (+1.1%) Est. Cost $84.34 Unrealized —

ILF ISHARES TR 0.8%

Value $1.117M (+85.3%) Shares 33,100 (+95.0%) Est. Cost $31.69 Unrealized —

AAPL APPLE INC 2.0%

Value $2.688M (+23.3%) Shares 9,289 (+8.1%) Est. Cost $137.37 Unrealized —

EEM ISHARES TR 1.1%

Value $1.42M (+44.8%) Shares 20,763 (+20.2%) Est. Cost $50.50 Unrealized —

MSFT MICROSOFT CORP 1.1%

Value $1.413M (+25.4%) Shares 3,789 (+24.5%) Est. Cost $411.28 Unrealized —

AIQ GLOBAL X FDS 0.5%

Value $694K (+46.1%) Shares 10,576 (+3.9%) Est. Cost $49.57 Unrealized —

STIP ISHARES TR 2.9%

Value $3.833M (+5.8%) Shares 37,523 (+7.1%) Est. Cost $104.35 Unrealized —

BBCA J P MORGAN EXCHANGE TRADED F 1.5%

Value $2.02M (+9.2%) Shares 20,322 (+3.4%) Est. Cost $77.59 Unrealized —

ACN ACCENTURE PLC IRELAND 0.3%

Value $397K (+71.0%) Shares 3,191 (+172.5%) Est. Cost $171.70 Unrealized —

IGSB ISHARES TR 2.5%

Value $3.321M (+5.2%) Shares 63,361 (+5.5%) Est. Cost $52.97 Unrealized —

CMCSA COMCAST CORP NEW 0.8%

Value $997K (-12.3%) Shares 40,605 (+2.5%) Est. Cost $42.80 Unrealized —

LQD ISHARES TR 0.6%

Value $737K (+16.0%) Shares 6,756 (+15.9%) Est. Cost $111.66 Unrealized —

CHDN CHURCHILL DOWNS INC 0.3%

Value $402K (+32.4%) Shares 4,485 (+32.7%) Est. Cost $97.33 Unrealized —

FLOT ISHARES TR 1.6%

Value $2.174M (+3.7%) Shares 42,587 (+3.5%) Est. Cost $50.77 Unrealized —

SON SONOCO PRODS CO 0.4%

Value $468K (+10.9%) Shares 8,305 (+6.4%) Est. Cost $50.68 Unrealized —

TLTD FLEXSHARES TR 0.3%

Value $418K (+9.5%) Shares 4,267 (+4.9%) Est. Cost $94.18 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHV	ISHARES TR	28,310 (+54.2%)	$3.124M (+54.1%)	2.4%	$110.27	—	TRUST ISHARE 0-1	464288679
EWJ	ISHARES INC	43,973 (+10.5%)	$4.101M (+22.1%)	3.1%	$74.51	—	MSCI JAPAN ETF	46434G822
JMTG	J P MORGAN EXCHANGE TRADED F	31,925 (+73.3%)	$1.618M (+72.2%)	1.2%	$50.88	—	MORTGAGE BACKED	46654Q575
CWB	SPDR SERIES TRUST	29,967 (+1.1%)	$3.231M (+19.1%)	2.4%	$84.34	—	ST STR CONV ETF	78464A359
ILF	ISHARES TR	33,100 (+95.0%)	$1.117M (+85.3%)	0.8%	$31.69	—	LATN AMER 40 ETF	464287390
AAPL	APPLE INC	9,289 (+8.1%)	$2.688M (+23.3%)	2.0%	$137.37	—	COM	037833100
EEM	ISHARES TR	20,763 (+20.2%)	$1.42M (+44.8%)	1.1%	$50.50	—	MSCI EMG MKT ETF	464287234
MSFT	MICROSOFT CORP	3,789 (+24.5%)	$1.413M (+25.4%)	1.1%	$411.28	—	COM	594918104
AIQ	GLOBAL X FDS	10,576 (+3.9%)	$694K (+46.1%)	0.5%	$49.57	—	ARTIFICIAL ETF	37954Y632
STIP	ISHARES TR	37,523 (+7.1%)	$3.833M (+5.8%)	2.9%	$104.35	—	0-5 YR TIPS ETF	46429B747
BBCA	J P MORGAN EXCHANGE TRADED F	20,322 (+3.4%)	$2.02M (+9.2%)	1.5%	$77.59	—	BETA CDA ETF NEW	46641Q225
ACN	ACCENTURE PLC IRELAND	3,191 (+172.5%)	$397K (+71.0%)	0.3%	$171.70	—	SHS CLASS A	G1151C101
IGSB	ISHARES TR	63,361 (+5.5%)	$3.321M (+5.2%)	2.5%	$52.97	—	ISHS 1-5YR INVS	464288646
CMCSA	COMCAST CORP NEW	40,605 (+2.5%)	$997K (-12.3%)	0.8%	$42.80	—	CL A	20030N101
LQD	ISHARES TR	6,756 (+15.9%)	$737K (+16.0%)	0.6%	$111.66	—	IBOXX INV CP ETF	464287242
CHDN	CHURCHILL DOWNS INC	4,485 (+32.7%)	$402K (+32.4%)	0.3%	$97.33	—	COM	171484108
FLOT	ISHARES TR	42,587 (+3.5%)	$2.174M (+3.7%)	1.6%	$50.77	—	FLTG RATE NT ETF	46429B655
SON	SONOCO PRODS CO	8,305 (+6.4%)	$468K (+10.9%)	0.4%	$50.68	—	COM	835495102
TLTD	FLEXSHARES TR	4,267 (+4.9%)	$418K (+9.5%)	0.3%	$94.18	—	M STAR DEV MKT	33939L803

Exited Positions (6)

HON HONEYWELL INTL INC 0.7%

Value $898K Shares 3,975 Est. Cost $207.11 Unrealized —

— JAPAN SMALLER CAPITALIZATION 0.4%

Value $554K Shares 50,781 Est. Cost $9.30 Unrealized —

RIO RIO TINTO PLC 0.2%

Value $306K Shares 3,285 Est. Cost $77.58 Unrealized —

LOW LOWES COS INC 0.2%

Value $210K Shares 890 Est. Cost $244.20 Unrealized —

DXC DXC TECHNOLOGY CO 0.1%

Value $175K Shares 13,895 Est. Cost $19.91 Unrealized —

NOK NOKIA CORP 0.1%

Value $81,646 Shares 10,155 Est. Cost $3.93 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	3,975	$898K	0.7%	$207.11	—	—	438516106
—	JAPAN SMALLER CAPITALIZATION	50,781	$554K	0.4%	$9.30	—	—	47109U104
RIO	RIO TINTO PLC	3,285	$306K	0.2%	$77.58	—	—	767204100
LOW	LOWES COS INC	890	$210K	0.2%	$244.20	—	—	548661107
DXC	DXC TECHNOLOGY CO	13,895	$175K	0.1%	$19.91	—	—	23355L106
NOK	NOKIA CORP	10,155	$81,646	0.1%	$3.93	—	—	654902204

Decreased Positions (25)

GOOG ALPHABET INC 5.9%

Value $7.849M (+16.1%) Shares 22,215 (-5.8%) Est. Cost $110.80 Unrealized —

PLAB PHOTRONICS INC 0.4%

Value $500K (-52.2%) Shares 15,370 (-40.7%) Est. Cost $18.81 Unrealized —

BK BANK OF NY MELLON CORP 2.4%

Value $3.139M (+20.5%) Shares 21,708 (-1.1%) Est. Cost $39.56 Unrealized —

TD TORONTO DOMINION BK ONT 1.7%

Value $2.205M (+26.7%) Shares 18,158 (-2.7%) Est. Cost $61.32 Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 0.6%

Value $740K (-30.5%) Shares 1,365 (-24.0%) Est. Cost $166.73 Unrealized —

IYW ISHARES TR 1.1%

Value $1.406M (+27.1%) Shares 5,575 (-8.6%) Est. Cost $87.20 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 1.5%

Value $1.989M (+13.5%) Shares 2,663 (-1.2%) Est. Cost $453.50 Unrealized —

ALKS ALKERMES PLC 1.0%

Value $1.359M (+19.2%) Shares 25,930 (-19.6%) Est. Cost $23.57 Unrealized —

OLN OLIN CORP 0.2%

Value $202K (-51.3%) Shares 10,185 (-26.9%) Est. Cost $50.00 Unrealized —

KMI KINDER MORGAN INC DEL 1.0%

Value $1.357M (-8.4%) Shares 42,440 (-3.9%) Est. Cost $12.63 Unrealized —

MINT PIMCO ETF TR 1.2%

Value $1.53M (-6.7%) Shares 15,173 (-6.9%) Est. Cost $100.72 Unrealized —

STPZ PIMCO ETF TR 1.3%

Value $1.765M (-4.7%) Shares 33,098 (-3.4%) Est. Cost $50.55 Unrealized —

— TAIWAN FD INC 0.5%

Value $625K (+14.2%) Shares 6,494 (-21.9%) Est. Cost $28.32 Unrealized —

IEI ISHARES TR 0.7%

Value $914K (-7.5%) Shares 7,781 (-6.6%) Est. Cost $118.42 Unrealized —

QQQ INVESCO QQQ TR 0.3%

Value $456K (+18.9%) Shares 619 (-6.8%) Est. Cost $327.46 Unrealized —

GOOGL ALPHABET INC 0.3%

Value $340K (+23.0%) Shares 950 (-1.0%) Est. Cost $166.73 Unrealized —

GSK GSK PLC 0.7%

Value $889K (-6.5%) Shares 16,964 (-1.6%) Est. Cost $35.14 Unrealized —

LMT LOCKHEED MARTIN CORP 0.2%

Value $292K (-17.2%) Shares 574 (-1.7%) Est. Cost $517.93 Unrealized —

SCZ ISHARES TR 1.2%

Value $1.552M (+3.8%) Shares 18,870 (-1.0%) Est. Cost $71.95 Unrealized —

MDYG SPDR SERIES TRUST 0.2%

Value $279K (+14.5%) Shares 2,490 (-1.9%) Est. Cost $87.72 Unrealized —

PYPL PAYPAL HLDGS INC 0.2%

Value $298K (-7.7%) Shares 6,890 (-3.3%) Est. Cost $63.46 Unrealized —

JAZZ JAZZ PHARMACEUTICALS PLC 0.6%

Value $752K (+3.3%) Shares 3,121 (-19.0%) Est. Cost $135.51 Unrealized —

BPOP POPULAR INC 0.6%

Value $761K (+3.2%) Shares 4,635 (-15.7%) Est. Cost $56.15 Unrealized —

SLYG SPDR SERIES TRUST 0.2%

Value $205K (-8.8%) Shares 1,720 (-26.0%) Est. Cost $80.57 Unrealized —

EFG ISHARES TR 0.2%

Value $218K (+6.3%) Shares 1,750 (-4.9%) Est. Cost $106.84 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	22,215 (-5.8%)	$7.849M (+16.1%)	5.9%	$110.80	—	CAP STK CL C	02079K107
PLAB	PHOTRONICS INC	15,370 (-40.7%)	$500K (-52.2%)	0.4%	$18.81	—	COM	719405102
BK	BANK OF NY MELLON CORP	21,708 (-1.1%)	$3.139M (+20.5%)	2.4%	$39.56	—	COM	064058100
TD	TORONTO DOMINION BK ONT	18,158 (-2.7%)	$2.205M (+26.7%)	1.7%	$61.32	—	COM NEW	891160509
UTHR	UNITED THERAPEUTICS CORP DEL	1,365 (-24.0%)	$740K (-30.5%)	0.6%	$166.73	—	COM	91307C102
IYW	ISHARES TR	5,575 (-8.6%)	$1.406M (+27.1%)	1.1%	$87.20	—	U.S. TECH ETF	464287721
SPY	STATE STR SPDR S&P 500 ETF T	2,663 (-1.2%)	$1.989M (+13.5%)	1.5%	$453.50	—	TR UNIT	78462F103
ALKS	ALKERMES PLC	25,930 (-19.6%)	$1.359M (+19.2%)	1.0%	$23.57	—	SHS	G01767105
OLN	OLIN CORP	10,185 (-26.9%)	$202K (-51.3%)	0.2%	$50.00	—	COM PAR $1	680665205
KMI	KINDER MORGAN INC DEL	42,440 (-3.9%)	$1.357M (-8.4%)	1.0%	$12.63	—	COM	49456B101
MINT	PIMCO ETF TR	15,173 (-6.9%)	$1.53M (-6.7%)	1.2%	$100.72	—	ENHAN SHRT MA AC	72201R833
STPZ	PIMCO ETF TR	33,098 (-3.4%)	$1.765M (-4.7%)	1.3%	$50.55	—	1-5 US TIP IDX	72201R205
—	TAIWAN FD INC	6,494 (-21.9%)	$625K (+14.2%)	0.5%	$28.32	—	COM	874036106
IEI	ISHARES TR	7,781 (-6.6%)	$914K (-7.5%)	0.7%	$118.42	—	3 7 YR TREAS BD	464288661
QQQ	INVESCO QQQ TR	619 (-6.8%)	$456K (+18.9%)	0.3%	$327.46	—	UNIT SER 1	46090E103
GOOGL	ALPHABET INC	950 (-1.0%)	$340K (+23.0%)	0.3%	$166.73	—	CAP STK CL A	02079K305
GSK	GSK PLC	16,964 (-1.6%)	$889K (-6.5%)	0.7%	$35.14	—	SPONSORED ADR	37733W204
LMT	LOCKHEED MARTIN CORP	574 (-1.7%)	$292K (-17.2%)	0.2%	$517.93	—	COM	539830109
SCZ	ISHARES TR	18,870 (-1.0%)	$1.552M (+3.8%)	1.2%	$71.95	—	EAFE SML CP ETF	464288273
MDYG	SPDR SERIES TRUST	2,490 (-1.9%)	$279K (+14.5%)	0.2%	$87.72	—	ST STR SP400GRW	78464A821
PYPL	PAYPAL HLDGS INC	6,890 (-3.3%)	$298K (-7.7%)	0.2%	$63.46	—	COM	70450Y103
JAZZ	JAZZ PHARMACEUTICALS PLC	3,121 (-19.0%)	$752K (+3.3%)	0.6%	$135.51	—	SHS USD	G50871105
BPOP	POPULAR INC	4,635 (-15.7%)	$761K (+3.2%)	0.6%	$56.15	—	COM NEW	733174700
SLYG	SPDR SERIES TRUST	1,720 (-26.0%)	$205K (-8.8%)	0.2%	$80.57	—	ST STR SP600GRWO	78464A201
EFG	ISHARES TR	1,750 (-4.9%)	$218K (+6.3%)	0.2%	$106.84	—	EAFE GRWTH ETF	464288885

Unchanged Positions (61)

TSM TAIWAN SEMICONDUCTOR MANUFAC 6.1%

Value $8.068M Shares 16,894 Est. Cost $110.88 Unrealized —

CVS CVS HEALTH CORP 2.0%

Value $2.677M Shares 25,873 Est. Cost $62.39 Unrealized —

MCK MCKESSON CORP 3.1%

Value $4.073M Shares 5,391 Est. Cost $178.02 Unrealized —

INFY INFOSYS LTD 1.1%

Value $1.432M Shares 136,465 Est. Cost $18.70 Unrealized —

ALL ALLSTATE CORP 2.3%

Value $3.008M Shares 12,642 Est. Cost $97.70 Unrealized —

VZ VERIZON COMMUNICATIONS INC 1.2%

Value $1.596M Shares 37,693 Est. Cost $42.25 Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 0.3%

Value $430K Shares 11,095 Est. Cost $73.54 Unrealized —

T AT&T INC 0.5%

Value $604K Shares 29,181 Est. Cost $16.14 Unrealized —

EZU ISHARES INC 1.9%

Value $2.467M Shares 35,503 Est. Cost $47.77 Unrealized —

TM TOYOTA MOTOR CORP 0.7%

Value $907K Shares 5,388 Est. Cost $158.55 Unrealized —

SHEL SHELL PLC 0.7%

Value $882K Shares 11,372 Est. Cost $54.89 Unrealized —

PBR PETROLEO BRASILEIRO S A 0.5%

Value $644K Shares 39,850 Est. Cost $12.34 Unrealized —

IWM ISHARES TR 0.6%

Value $793K Shares 2,640 Est. Cost $220.99 Unrealized —

HMC HONDA MOTOR CO LTD 1.0%

Value $1.286M Shares 47,440 Est. Cost $30.19 Unrealized —

ALLY ALLY FINL INC 0.7%

Value $892K Shares 19,414 Est. Cost $35.55 Unrealized —

NTAP NETAPP INC 0.3%

Value $363K Shares 2,345 Est. Cost $101.87 Unrealized —

DLX DELUXE CORP MEDIUM TERM NTS 0.5%

Value $696K Shares 29,160 Est. Cost $18.89 Unrealized —

CNA CNA FINL CORP 1.5%

Value $1.941M Shares 39,930 Est. Cost $35.11 Unrealized —

EFA ISHARES TR 1.1%

Value $1.51M Shares 14,539 Est. Cost $76.74 Unrealized —

CAH CARDINAL HEALTH INC 0.6%

Value $857K Shares 3,606 Est. Cost $48.93 Unrealized —

LCII LCI INDS 0.4%

Value $521K Shares 4,916 Est. Cost $116.96 Unrealized —

UHS UNIVERSAL HLTH SVCS INC 0.3%

Value $404K Shares 2,720 Est. Cost $101.60 Unrealized —

AMZN AMAZON COM INC 0.5%

Value $641K Shares 2,689 Est. Cost $123.50 Unrealized —

CHRW C H ROBINSON WORLDWIDE IN 0.5%

Value $668K Shares 3,545 Est. Cost $83.66 Unrealized —

MDT MEDTRONIC PLC 0.5%

Value $693K Shares 8,855 Est. Cost $82.54 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.2%

Value $236K Shares 2,460 Est. Cost $106.12 Unrealized —

QRVO QORVO INC 0.3%

Value $405K Shares 4,344 Est. Cost $114.66 Unrealized —

SNY SANOFI SA 0.4%

Value $479K Shares 11,225 Est. Cost $40.48 Unrealized —

TRV TRAVELERS COMPANIES INC 0.4%

Value $531K Shares 1,607 Est. Cost $227.37 Unrealized —

JNJ JOHNSON & JOHNSON 1.2%

Value $1.526M Shares 6,008 Est. Cost $140.78 Unrealized —

VOD VODAFONE GROUP PLC 0.3%

Value $380K Shares 28,707 Est. Cost $18.42 Unrealized —

ABBV ABBVIE INC 0.3%

Value $393K Shares 1,560 Est. Cost $88.91 Unrealized —

FAF FIRST AMERN FINL CORP 0.3%

Value $436K Shares 6,350 Est. Cost $46.04 Unrealized —

F FORD MTR CO 0.2%

Value $283K Shares 20,350 Est. Cost $10.08 Unrealized —

FDX FEDEX CORP 0.2%

Value $316K Shares 1,010 Est. Cost $155.01 Unrealized —

EWI ISHARES INC 0.3%

Value $432K Shares 7,300 Est. Cost $30.49 Unrealized —

— NEW GERMANY FD INC 0.3%

Value $375K Shares 32,690 Est. Cost $19.76 Unrealized —

AMGN AMGEN INC 1.0%

Value $1.374M Shares 3,793 Est. Cost $204.69 Unrealized —

ORI OLD REP INTL CORP 1.2%

Value $1.646M Shares 40,235 Est. Cost $14.45 Unrealized —

MTB M & T BK CORP 0.2%

Value $280K Shares 1,176 Est. Cost $159.11 Unrealized —

XLF SELECT SECTOR SPDR TR 0.3%

Value $439K Shares 8,189 Est. Cost $48.98 Unrealized —

TRP TC ENERGY CORP 0.5%

Value $724K Shares 10,916 Est. Cost $34.41 Unrealized —

EEFT EURONET WORLDWIDE INC 0.2%

Value $326K Shares 4,455 Est. Cost $100.80 Unrealized —

— MEXICO FD INC 0.6%

Value $784K Shares 35,868 Est. Cost $14.17 Unrealized —

OMC OMNICOM GROUP INC 0.5%

Value $685K Shares 9,410 Est. Cost $59.59 Unrealized —

QSR RESTAURANT BRANDS INTL INC 1.0%

Value $1.371M Shares 18,902 Est. Cost $57.58 Unrealized —

MRK MERCK & CO INC 0.3%

Value $380K Shares 2,961 Est. Cost $81.72 Unrealized —

WPC WP CAREY INC 0.4%

Value $558K Shares 7,807 Est. Cost $70.71 Unrealized —

RTX RTX CORPORATION 0.8%

Value $1.092M Shares 5,756 Est. Cost $111.08 Unrealized —

AB ALLIANCEBERNSTEIN HLDG L P 0.3%

Value $333K Shares 9,450 Est. Cost $39.92 Unrealized —

CI THE CIGNA GROUP 0.5%

Value $637K Shares 2,312 Est. Cost $233.63 Unrealized —

ITW ILLINOIS TOOL WKS INC 0.4%

Value $585K Shares 2,164 Est. Cost $250.69 Unrealized —

FLRN SPDR SERIES TRUST 1.0%

Value $1.35M Shares 43,745 Est. Cost $30.58 Unrealized —

MELI MERCADOLIBRE INC 0.5%

Value $614K Shares 362 Est. Cost $1213.73 Unrealized —

NXST NEXSTAR MEDIA GROUP INC 0.7%

Value $899K Shares 5,032 Est. Cost $117.60 Unrealized —

— ABERDEEN INDIA FD INC 0.1%

Value $127K Shares 10,823 Est. Cost $21.40 Unrealized —

ORCL ORACLE CORP 0.9%

Value $1.125M Shares 7,679 Est. Cost $60.61 Unrealized —

SBH SALLY BEAUTY HLDGS INC 0.2%

Value $204K Shares 14,400 Est. Cost $16.73 Unrealized —

FNF FIDELITY NATL FINL INC 0.2%

Value $216K Shares 4,573 Est. Cost $38.96 Unrealized —

WGO WINNEBAGO INDS INC 0.2%

Value $242K Shares 7,745 Est. Cost $53.26 Unrealized —

IGIB ISHARES TR 0.5%

Value $696K Shares 13,090 Est. Cost $52.65 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	16,894	$8.068M	6.1%	$110.88	—	SPONSORED ADS	874039100
CVS	CVS HEALTH CORP	25,873	$2.677M	2.0%	$62.39	—	COM	126650100
MCK	MCKESSON CORP	5,391	$4.073M	3.1%	$178.02	—	COM	58155Q103
INFY	INFOSYS LTD	136,465	$1.432M	1.1%	$18.70	—	SPONSORED ADR	456788108
ALL	ALLSTATE CORP	12,642	$3.008M	2.3%	$97.70	—	COM	020002101
VZ	VERIZON COMMUNICATIONS INC	37,693	$1.596M	1.2%	$42.25	—	COM	92343V104
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	11,095	$430K	0.3%	$73.54	—	CL A	192446102
T	AT&T INC	29,181	$604K	0.5%	$16.14	—	COM	00206R102
EZU	ISHARES INC	35,503	$2.467M	1.9%	$47.77	—	MSCI EURZONE ETF	464286608
TM	TOYOTA MOTOR CORP	5,388	$907K	0.7%	$158.55	—	ADS	892331307
SHEL	SHELL PLC	11,372	$882K	0.7%	$54.89	—	SPON ADS	780259305
PBR	PETROLEO BRASILEIRO S A	39,850	$644K	0.5%	$12.34	—	SPONSORED ADR	71654V408
IWM	ISHARES TR	2,640	$793K	0.6%	$220.99	—	RUSSELL 2000 ETF	464287655
HMC	HONDA MOTOR CO LTD	47,440	$1.286M	1.0%	$30.19	—	ADR ECH CNV IN 3	438128308
ALLY	ALLY FINL INC	19,414	$892K	0.7%	$35.55	—	COM	02005N100
NTAP	NETAPP INC	2,345	$363K	0.3%	$101.87	—	COM	64110D104
DLX	DELUXE CORP MEDIUM TERM NTS	29,160	$696K	0.5%	$18.89	—	COM	248019101
CNA	CNA FINL CORP	39,930	$1.941M	1.5%	$35.11	—	COM	126117100
EFA	ISHARES TR	14,539	$1.51M	1.1%	$76.74	—	MSCI EAFE ETF	464287465
CAH	CARDINAL HEALTH INC	3,606	$857K	0.6%	$48.93	—	COM	14149Y108
LCII	LCI INDS	4,916	$521K	0.4%	$116.96	—	COM	50189K103
UHS	UNIVERSAL HLTH SVCS INC	2,720	$404K	0.3%	$101.60	—	CL B	913903100
AMZN	AMAZON COM INC	2,689	$641K	0.5%	$123.50	—	COM	023135106
CHRW	C H ROBINSON WORLDWIDE IN	3,545	$668K	0.5%	$83.66	—	COM NEW	12541W209
MDT	MEDTRONIC PLC	8,855	$693K	0.5%	$82.54	—	SHS	G5960L103
BABA	ALIBABA GROUP HLDG LTD	2,460	$236K	0.2%	$106.12	—	SPONSORED ADS	01609W102
QRVO	QORVO INC	4,344	$405K	0.3%	$114.66	—	COM	74736K101
SNY	SANOFI SA	11,225	$479K	0.4%	$40.48	—	SPONSORED ADR	80105N105
TRV	TRAVELERS COMPANIES INC	1,607	$531K	0.4%	$227.37	—	COM	89417E109
JNJ	JOHNSON & JOHNSON	6,008	$1.526M	1.2%	$140.78	—	COM	478160104
VOD	VODAFONE GROUP PLC	28,707	$380K	0.3%	$18.42	—	SPONSORED ADR	92857W308
ABBV	ABBVIE INC	1,560	$393K	0.3%	$88.91	—	COM	00287Y109
FAF	FIRST AMERN FINL CORP	6,350	$436K	0.3%	$46.04	—	COM	31847R102
F	FORD MTR CO	20,350	$283K	0.2%	$10.08	—	COM	345370860
FDX	FEDEX CORP	1,010	$316K	0.2%	$155.01	—	COM	31428X106
EWI	ISHARES INC	7,300	$432K	0.3%	$30.49	—	MSCI ITALY ETF	46434G830
—	NEW GERMANY FD INC	32,690	$375K	0.3%	$19.76	—	COM	644465106
AMGN	AMGEN INC	3,793	$1.374M	1.0%	$204.69	—	COM	031162100
ORI	OLD REP INTL CORP	40,235	$1.646M	1.2%	$14.45	—	COM	680223104
MTB	M & T BK CORP	1,176	$280K	0.2%	$159.11	—	COM	55261F104
XLF	SELECT SECTOR SPDR TR	8,189	$439K	0.3%	$48.98	—	ST STR FINL ETF	81369Y605
TRP	TC ENERGY CORP	10,916	$724K	0.5%	$34.41	—	COM	87807B107
EEFT	EURONET WORLDWIDE INC	4,455	$326K	0.2%	$100.80	—	COM	298736109
—	MEXICO FD INC	35,868	$784K	0.6%	$14.17	—	COM	592835102
OMC	OMNICOM GROUP INC	9,410	$685K	0.5%	$59.59	—	COM	681919106
QSR	RESTAURANT BRANDS INTL INC	18,902	$1.371M	1.0%	$57.58	—	COM	76131D103
MRK	MERCK & CO INC	2,961	$380K	0.3%	$81.72	—	COM	58933Y105
WPC	WP CAREY INC	7,807	$558K	0.4%	$70.71	—	COM	92936U109
RTX	RTX CORPORATION	5,756	$1.092M	0.8%	$111.08	—	COM	75513E101
AB	ALLIANCEBERNSTEIN HLDG L P	9,450	$333K	0.3%	$39.92	—	UNIT LTD PARTN	01881G106
CI	THE CIGNA GROUP	2,312	$637K	0.5%	$233.63	—	COM	125523100
ITW	ILLINOIS TOOL WKS INC	2,164	$585K	0.4%	$250.69	—	COM	452308109
FLRN	SPDR SERIES TRUST	43,745	$1.35M	1.0%	$30.58	—	ST STR RATE ETF	78468R200
MELI	MERCADOLIBRE INC	362	$614K	0.5%	$1213.73	—	COM	58733R102
NXST	NEXSTAR MEDIA GROUP INC	5,032	$899K	0.7%	$117.60	—	COMMON STOCK	65336K103
—	ABERDEEN INDIA FD INC	10,823	$127K	0.1%	$21.40	—	COM	454089103
ORCL	ORACLE CORP	7,679	$1.125M	0.9%	$60.61	—	COM	68389X105
SBH	SALLY BEAUTY HLDGS INC	14,400	$204K	0.2%	$16.73	—	COM	79546E104
FNF	FIDELITY NATL FINL INC	4,573	$216K	0.2%	$38.96	—	COM SHS	31620R303
WGO	WINNEBAGO INDS INC	7,745	$242K	0.2%	$53.26	—	COM	974637100
IGIB	ISHARES TR	13,090	$696K	0.5%	$52.65	—	ISHS 5-10YR INVT	464288638