KLEIN PAVLIS & PEASLEY FINANCIAL, INC. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
B	BARRICK MNG CORP	56,053	$2,441	1.4%	$37.42	0.0%	COM SHS	06849F108
UL	UNILEVER PLC	34,558	$2,260	1.3%	$65.40	—	SPON ADR NEW	904767803
CMG	CHIPOTLE MEXICAN GRILL INC	43,173	$1,597	0.9%	$36.17	0.0%	COM	169656105
JBL	JABIL INC	6,656	$1,518	0.9%	$213.29	0.0%	COM	466313103
RTO	RENTOKIL INITIAL PLC	40,775	$1,201	0.7%	$29.46	—	SPONSORED ADR	760125104
AME	AMETEK INC	5,519	$1,133	0.7%	$194.36	0.0%	COM	031100100
SPGI	S&P GLOBAL INC	2,102	$1,098	0.6%	$494.21	0.0%	COM	78409V104
RJF	RAYMOND JAMES FINL INC	6,832	$1,097	0.6%	$160.93	0.0%	COM	754730109
INTC	INTEL CORP	24,386	$900	0.5%	$37.76	0.0%	COM	458140100
PHM	PULTE GROUP INC	7,113	$834	0.5%	$122.44	0.0%	COM	745867101
ACT	ENACT HLDGS INC	18,870	$748	0.4%	$37.53	0.0%	COM	29249E109
LDOS	LEIDOS HOLDINGS INC	3,233	$583	0.3%	$189.10	0.0%	COM	525327102
ULTA	ULTA BEAUTY INC	399	$241	0.1%	$549.70	0.0%	COM	90384S303
META	META PLATFORMS INC	361	$238	0.1%	$667.32	0.0%	CL A	30303M102
SLM	SLM CORP	7,841	$212	0.1%	$27.43	0.0%	COM	78442P106

Increased Positions (22)

TER TERADYNE INC 2.5%

Value ($000) $4,230 (+47.7%) Shares 21,852 (+5.0%) Est. Cost $112.08 Unrealized +53.0%

CSCO CISCO SYS INC 1.8%

Value ($000) $3,050 (+76.2%) Shares 39,601 (+56.5%) Est. Cost $69.70 Unrealized +5.9%

TOST TOAST INC 1.0%

Value ($000) $1,740 (+129.6%) Shares 48,990 (+136.1%) Est. Cost $39.17 Unrealized -8.0%

BBVA BANCO BILBAO VIZCAYA ARGENTA 1.2%

Value ($000) $1,965 (+67.5%) Shares 84,288 (+38.3%) Est. Cost $20.38 Unrealized —

JCI JOHNSON CTLS INTL PLC 2.9%

Value ($000) $4,981 (+14.4%) Shares 41,593 (+5.0%) Est. Cost $60.45 Unrealized +89.9%

PM PHILIP MORRIS INTL INC 4.0%

Value ($000) $6,821 (+9.6%) Shares 42,523 (+10.8%) Est. Cost $143.15 Unrealized +7.3%

AMX AMERICA MOVIL SAB DE CV 0.7%

Value ($000) $1,109 (+108.3%) Shares 53,660 (+111.6%) Est. Cost $20.83 Unrealized —

TSCO TRACTOR SUPPLY CO 1.2%

Value ($000) $1,991 (+35.8%) Shares 39,807 (+54.4%) Est. Cost $56.83 Unrealized -5.5%

SCHW SCHWAB CHARLES CORP 3.1%

Value ($000) $5,278 (+8.4%) Shares 52,825 (+3.6%) Est. Cost $63.31 Unrealized +49.6%

IBN ICICI BANK LIMITED 2.2%

Value ($000) $3,690 (+11.7%) Shares 123,827 (+13.4%) Est. Cost $32.77 Unrealized —

ROK ROCKWELL AUTOMATION INC 1.7%

Value ($000) $2,802 (+16.0%) Shares 7,201 (+4.2%) Est. Cost $276.68 Unrealized +35.6%

ZM ZOOM COMMUNICATIONS INC 0.9%

Value ($000) $1,523 (+31.6%) Shares 17,654 (+25.8%) Est. Cost $68.86 Unrealized +22.2%

AAPL APPLE INC 0.3%

Value ($000) $501 (+72.0%) Shares 1,843 (+61.1%) Est. Cost $215.27 Unrealized +24.7%

AEP AMERICAN ELEC PWR CO INC 0.8%

Value ($000) $1,302 (+15.8%) Shares 11,291 (+13.0%) Est. Cost $92.79 Unrealized +26.8%

SO SOUTHERN CO 1.2%

Value ($000) $1,981 (-4.4%) Shares 22,719 (+3.9%) Est. Cost $88.10 Unrealized +3.2%

RBA RB GLOBAL INC 2.8%

Value ($000) $4,703 (+1.3%) Shares 45,717 (+6.7%) Est. Cost $75.94 Unrealized +33.8%

PEG PUBLIC SVC ENTERPRISE GRP IN 0.7%

Value ($000) $1,148 (+5.1%) Shares 14,298 (+9.2%) Est. Cost $82.58 Unrealized -1.8%

IMO IMPERIAL OIL LTD 0.5%

Value ($000) $852 (+6.9%) Shares 9,869 (+12.4%) Est. Cost $86.13 Unrealized +5.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $310 (+14.7%) Shares 616 (+14.7%) Est. Cost $488.42 Unrealized +1.9%

FNV FRANCO NEV CORP 1.2%

Value ($000) $2,101 (-1.8%) Shares 10,135 (+5.6%) Est. Cost $126.86 Unrealized +59.9%

VOO VANGUARD INDEX FDS 0.2%

Value ($000) $403 (+4.1%) Shares 642 (+1.6%) Est. Cost $612.35 Unrealized —

EQT EQT CORP 0.1%

Value ($000) $232 (+0.9%) Shares 4,325 (+2.5%) Est. Cost $40.04 Unrealized +40.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TER	TERADYNE INC	21,852 (+5.0%)	$4,230 (+47.7%)	2.5%	$112.08	+53.0%	COM	880770102
CSCO	CISCO SYS INC	39,601 (+56.5%)	$3,050 (+76.2%)	1.8%	$69.70	+5.9%	COM	17275R102
TOST	TOAST INC	48,990 (+136.1%)	$1,740 (+129.6%)	1.0%	$39.17	-8.0%	CL A	888787108
BBVA	BANCO BILBAO VIZCAYA ARGENTA	84,288 (+38.3%)	$1,965 (+67.5%)	1.2%	$20.38	—	SPONSORED ADR	05946K101
JCI	JOHNSON CTLS INTL PLC	41,593 (+5.0%)	$4,981 (+14.4%)	2.9%	$60.45	+89.9%	SHS	G51502105
PM	PHILIP MORRIS INTL INC	42,523 (+10.8%)	$6,821 (+9.6%)	4.0%	$143.15	+7.3%	COM	718172109
AMX	AMERICA MOVIL SAB DE CV	53,660 (+111.6%)	$1,109 (+108.3%)	0.7%	$20.83	—	SPON ADS RP CL B	02390A101
TSCO	TRACTOR SUPPLY CO	39,807 (+54.4%)	$1,991 (+35.8%)	1.2%	$56.83	-5.5%	COM	892356106
SCHW	SCHWAB CHARLES CORP	52,825 (+3.6%)	$5,278 (+8.4%)	3.1%	$63.31	+49.6%	COM	808513105
IBN	ICICI BANK LIMITED	123,827 (+13.4%)	$3,690 (+11.7%)	2.2%	$32.77	—	ADR	45104G104
ROK	ROCKWELL AUTOMATION INC	7,201 (+4.2%)	$2,802 (+16.0%)	1.7%	$276.68	+35.6%	COM	773903109
ZM	ZOOM COMMUNICATIONS INC	17,654 (+25.8%)	$1,523 (+31.6%)	0.9%	$68.86	+22.2%	CL A	98980L101
AAPL	APPLE INC	1,843 (+61.1%)	$501 (+72.0%)	0.3%	$215.27	+24.7%	COM	037833100
AEP	AMERICAN ELEC PWR CO INC	11,291 (+13.0%)	$1,302 (+15.8%)	0.8%	$92.79	+26.8%	COM	025537101
SO	SOUTHERN CO	22,719 (+3.9%)	$1,981 (-4.4%)	1.2%	$88.10	+3.2%	COM	842587107
RBA	RB GLOBAL INC	45,717 (+6.7%)	$4,703 (+1.3%)	2.8%	$75.94	+33.8%	COM	74935Q107
PEG	PUBLIC SVC ENTERPRISE GRP IN	14,298 (+9.2%)	$1,148 (+5.1%)	0.7%	$82.58	-1.8%	COM	744573106
IMO	IMPERIAL OIL LTD	9,869 (+12.4%)	$852 (+6.9%)	0.5%	$86.13	+5.3%	COM NEW	453038408
BRK/B	BERKSHIRE HATHAWAY INC DEL	616 (+14.7%)	$310 (+14.7%)	0.2%	$488.42	+1.9%	CL B NEW	084670702
FNV	FRANCO NEV CORP	10,135 (+5.6%)	$2,101 (-1.8%)	1.2%	$126.86	+59.9%	COM	351858105
VOO	VANGUARD INDEX FDS	642 (+1.6%)	$403 (+4.1%)	0.2%	$612.35	—	S&P 500 ETF SHS	922908363
EQT	EQT CORP	4,325 (+2.5%)	$232 (+0.9%)	0.1%	$40.04	+40.2%	COM	26884L109

Exited Positions (13)

— UNILEVER PLC 1.4%

Value ($000) $2,389 Shares 40,300 Est. Cost $59.72 Unrealized —

TECK TECK RESOURCES LTD 1.1%

Value ($000) $1,847 Shares 42,083 Est. Cost $44.68 Unrealized -3.0%

CNQ CANADIAN NAT RES LTD 0.9%

Value ($000) $1,517 Shares 47,451 Est. Cost $33.19 Unrealized -2.3%

NDSN NORDSON CORP 0.6%

Value ($000) $1,058 Shares 4,661 Est. Cost $232.82 Unrealized +0.6%

PYPL PAYPAL HLDGS INC 0.6%

Value ($000) $974 Shares 14,525 Est. Cost $67.94 Unrealized -4.6%

TTC TORO CO 0.5%

Value ($000) $867 Shares 11,380 Est. Cost $81.78 Unrealized -9.6%

IIPR INNOVATIVE INDL PPTYS INC 0.5%

Value ($000) $791 Shares 14,771 Est. Cost $91.30 Unrealized —

RH RH 0.4%

Value ($000) $689 Shares 3,392 Est. Cost $261.67 Unrealized -34.6%

FDS FACTSET RESH SYS INC 0.4%

Value ($000) $649 Shares 2,266 Est. Cost $436.96 Unrealized -35.9%

SFM SPROUTS FMRS MKT INC 0.4%

Value ($000) $633 Shares 5,814 Est. Cost $59.76 Unrealized +50.1%

ORCL ORACLE CORP 0.2%

Value ($000) $278 Shares 988 Est. Cost $109.05 Unrealized +118.3%

CIVI CIVITAS RESOURCES INC 0.2%

Value ($000) $260 Shares 8,009 Est. Cost $43.12 Unrealized -33.8%

FANG DIAMONDBACK ENERGY INC 0.1%

Value ($000) $219 Shares 1,531 Est. Cost $148.67 Unrealized -1.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	UNILEVER PLC	40,300	$2,389	1.4%	$59.72	—	—	904767704
TECK	TECK RESOURCES LTD	42,083	$1,847	1.1%	$44.68	-3.0%	—	878742204
CNQ	CANADIAN NAT RES LTD	47,451	$1,517	0.9%	$33.19	-2.3%	—	136385101
NDSN	NORDSON CORP	4,661	$1,058	0.6%	$232.82	+0.6%	—	655663102
PYPL	PAYPAL HLDGS INC	14,525	$974	0.6%	$67.94	-4.6%	—	70450Y103
TTC	TORO CO	11,380	$867	0.5%	$81.78	-9.6%	—	891092108
IIPR	INNOVATIVE INDL PPTYS INC	14,771	$791	0.5%	$91.30	—	—	45781V101
RH	RH	3,392	$689	0.4%	$261.67	-34.6%	—	74967X103
FDS	FACTSET RESH SYS INC	2,266	$649	0.4%	$436.96	-35.9%	—	303075105
SFM	SPROUTS FMRS MKT INC	5,814	$633	0.4%	$59.76	+50.1%	—	85208M102
ORCL	ORACLE CORP	988	$278	0.2%	$109.05	+118.3%	—	68389X105
CIVI	CIVITAS RESOURCES INC	8,009	$260	0.2%	$43.12	-33.8%	—	17888H103
FANG	DIAMONDBACK ENERGY INC	1,531	$219	0.1%	$148.67	-1.1%	—	25278X109

Decreased Positions (45)

MAS MASCO CORP 1.0%

Value ($000) $1,735 (-45.2%) Shares 27,345 (-39.2%) Est. Cost $65.66 Unrealized -1.4%

SGOV ISHARES TR 3.7%

Value ($000) $6,300 (-12.2%) Shares 62,761 (-11.9%) Est. Cost $100.53 Unrealized —

OPRA OPERA LTD 0.8%

Value ($000) $1,421 (-37.9%) Shares 100,355 (-9.5%) Est. Cost $19.06 Unrealized —

BWXT BWX TECHNOLOGIES INC 0.5%

Value ($000) $783 (-51.8%) Shares 4,532 (-48.6%) Est. Cost $78.86 Unrealized +137.7%

AVB AVALONBAY CMNTYS INC 0.9%

Value ($000) $1,542 (-28.2%) Shares 8,504 (-23.6%) Est. Cost $205.92 Unrealized -12.7%

SONY SONY GROUP CORP 1.3%

Value ($000) $2,148 (-19.3%) Shares 83,919 (-9.2%) Est. Cost $27.48 Unrealized —

BKE BUCKLE INC 0.7%

Value ($000) $1,186 (-23.7%) Shares 22,200 (-16.2%) Est. Cost $30.24 Unrealized +73.0%

CINF CINCINNATI FINL CORP 1.0%

Value ($000) $1,745 (-17.1%) Shares 10,687 (-19.7%) Est. Cost $144.72 Unrealized +11.4%

CCJ CAMECO CORP 4.3%

Value ($000) $7,289 (-3.2%) Shares 79,675 (-11.2%) Est. Cost $42.09 Unrealized +113.7%

HUBB HUBBELL INC 0.8%

Value ($000) $1,416 (-13.9%) Shares 3,189 (-16.5%) Est. Cost $391.14 Unrealized +11.8%

KMT KENNAMETAL INC 0.5%

Value ($000) $925 (+32.0%) Shares 32,556 (-2.8%) Est. Cost $21.90 Unrealized +15.7%

AGI ALAMOS GOLD INC NEW 2.4%

Value ($000) $4,150 (+5.6%) Shares 107,578 (-4.6%) Est. Cost $26.76 Unrealized +30.2%

AMAT APPLIED MATLS INC 0.7%

Value ($000) $1,199 (+21.3%) Shares 4,667 (-3.4%) Est. Cost $180.78 Unrealized +32.5%

AZN ASTRAZENECA PLC 0.8%

Value ($000) $1,285 (+18.6%) Shares 13,978 (-1.0%) Est. Cost $76.72 Unrealized —

FCX FREEPORT-MCMORAN INC 0.6%

Value ($000) $940 (+25.9%) Shares 18,499 (-2.7%) Est. Cost $43.20 Unrealized +0.3%

SD SANDRIDGE ENERGY INC 0.6%

Value ($000) $978 (-14.1%) Shares 67,779 (-32.9%) Est. Cost $14.21 Unrealized -6.9%

EMBJ EMBRAER S.A. 1.9%

Value ($000) $3,219 (+5.2%) Shares 50,007 (-1.2%) Est. Cost $58.32 Unrealized —

GPC GENUINE PARTS CO 0.5%

Value ($000) $823 (-13.4%) Shares 6,694 (-2.4%) Est. Cost $132.40 Unrealized -2.8%

DGX QUEST DIAGNOSTICS INC 0.6%

Value ($000) $970 (-11.6%) Shares 5,591 (-2.9%) Est. Cost $176.64 Unrealized +3.1%

FMX FOMENTO ECONOMICO MEXICANO S 2.4%

Value ($000) $4,142 (-2.9%) Shares 40,982 (-5.3%) Est. Cost $113.17 Unrealized —

EOG EOG RES INC 0.7%

Value ($000) $1,174 (-9.6%) Shares 11,180 (-3.5%) Est. Cost $117.95 Unrealized -9.1%

DHI D R HORTON INC 0.3%

Value ($000) $592 (-17.0%) Shares 4,110 (-2.4%) Est. Cost $156.63 Unrealized -2.9%

MSFT MICROSOFT CORP 0.1%

Value ($000) $201 (-30.8%) Shares 416 (-25.8%) Est. Cost $381.10 Unrealized +31.4%

SCCO SOUTHERN COPPER CORP 3.6%

Value ($000) $6,056 (-1.1%) Shares 42,211 (-16.4%) Est. Cost $75.18 Unrealized +76.6%

QCOM QUALCOMM INC 1.5%

Value ($000) $2,609 (-2.1%) Shares 15,255 (-4.8%) Est. Cost $137.70 Unrealized +24.0%

XEL XCEL ENERGY INC 0.2%

Value ($000) $411 (-11.1%) Shares 5,564 (-2.9%) Est. Cost $71.34 Unrealized +9.7%

ALL ALLSTATE CORP 0.5%

Value ($000) $816 (-5.7%) Shares 3,918 (-2.7%) Est. Cost $133.03 Unrealized +53.4%

OSK OSHKOSH CORP 0.4%

Value ($000) $754 (-5.6%) Shares 6,003 (-2.6%) Est. Cost $100.74 Unrealized +27.0%

TLK P T TELEKOMUNIKASI INDONESIA 0.3%

Value ($000) $505 (+8.6%) Shares 24,001 (-2.9%) Est. Cost $18.82 Unrealized —

MDT MEDTRONIC PLC 2.5%

Value ($000) $4,262 (-0.8%) Shares 44,368 (-1.7%) Est. Cost $82.00 Unrealized +18.5%

UNM UNUM GROUP 1.3%

Value ($000) $2,236 (-1.5%) Shares 28,854 (-1.2%) Est. Cost $77.42 Unrealized -1.2%

EQNR EQUINOR ASA 0.4%

Value ($000) $600 (-5.5%) Shares 25,411 (-2.5%) Est. Cost $24.38 Unrealized —

FCPT FOUR CORNERS PPTY TR INC 0.3%

Value ($000) $449 (-7.1%) Shares 19,483 (-1.7%) Est. Cost $24.40 Unrealized —

SRE SEMPRA 0.4%

Value ($000) $689 (-4.5%) Shares 7,799 (-2.7%) Est. Cost $79.82 Unrealized +13.4%

CSGS CSG SYS INTL INC 0.2%

Value ($000) $314 (+11.6%) Shares 4,095 (-6.3%) Est. Cost $63.18 Unrealized +16.4%

MCK MCKESSON CORP 0.7%

Value ($000) $1,211 (+2.6%) Shares 1,476 (-3.3%) Est. Cost $565.59 Unrealized +44.2%

TSLX SIXTH STREET SPECIALTY LENDI 0.2%

Value ($000) $407 (-7.1%) Shares 18,729 (-2.2%) Est. Cost $24.05 Unrealized -9.3%

ORI OLD REP INTL CORP 0.3%

Value ($000) $577 (+5.6%) Shares 12,633 (-1.7%) Est. Cost $23.93 Unrealized +70.6%

FSM FORTUNA MNG CORP 0.7%

Value ($000) $1,170 (+2.1%) Shares 119,262 (-6.8%) Est. Cost $5.15 Unrealized +74.8%

PPG PPG INDS INC 0.3%

Value ($000) $442 (-4.0%) Shares 4,310 (-1.5%) Est. Cost $109.99 Unrealized -9.0%

EMR EMERSON ELEC CO 0.6%

Value ($000) $1,080 (-1.0%) Shares 8,140 (-2.1%) Est. Cost $96.80 Unrealized +36.8%

CPA COPA HOLDINGS SA 0.5%

Value ($000) $863 (-1.2%) Shares 7,152 (-2.7%) Est. Cost $111.94 Unrealized +8.3%

SSNC SS&C TECHNOLOGIES HLDGS INC 0.1%

Value ($000) $223 (-3.1%) Shares 2,552 (-1.7%) Est. Cost $78.61 Unrealized +8.5%

XOM EXXON MOBIL CORP 0.2%

Value ($000) $320 (-1.5%) Shares 2,662 (-7.7%) Est. Cost $98.57 Unrealized +17.2%

CME CME GROUP INC 0.2%

Value ($000) $276 (-1.6%) Shares 1,010 (-2.6%) Est. Cost $209.16 Unrealized +29.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MAS	MASCO CORP	27,345 (-39.2%)	$1,735 (-45.2%)	1.0%	$65.66	-1.4%	COM	574599106
SGOV	ISHARES TR	62,761 (-11.9%)	$6,300 (-12.2%)	3.7%	$100.53	—	0-3 MNTH TREASRY	46436E718
OPRA	OPERA LTD	100,355 (-9.5%)	$1,421 (-37.9%)	0.8%	$19.06	—	SPONSORED ADS	68373M107
BWXT	BWX TECHNOLOGIES INC	4,532 (-48.6%)	$783 (-51.8%)	0.5%	$78.86	+137.7%	COM	05605H100
AVB	AVALONBAY CMNTYS INC	8,504 (-23.6%)	$1,542 (-28.2%)	0.9%	$205.92	-12.7%	COM	053484101
SONY	SONY GROUP CORP	83,919 (-9.2%)	$2,148 (-19.3%)	1.3%	$27.48	—	SPONSORED ADR	835699307
BKE	BUCKLE INC	22,200 (-16.2%)	$1,186 (-23.7%)	0.7%	$30.24	+73.0%	COM	118440106
CINF	CINCINNATI FINL CORP	10,687 (-19.7%)	$1,745 (-17.1%)	1.0%	$144.72	+11.4%	COM	172062101
CCJ	CAMECO CORP	79,675 (-11.2%)	$7,289 (-3.2%)	4.3%	$42.09	+113.7%	COM	13321L108
HUBB	HUBBELL INC	3,189 (-16.5%)	$1,416 (-13.9%)	0.8%	$391.14	+11.8%	COM	443510607
KMT	KENNAMETAL INC	32,556 (-2.8%)	$925 (+32.0%)	0.5%	$21.90	+15.7%	COM	489170100
AGI	ALAMOS GOLD INC NEW	107,578 (-4.6%)	$4,150 (+5.6%)	2.4%	$26.76	+30.2%	COM CL A	011532108
AMAT	APPLIED MATLS INC	4,667 (-3.4%)	$1,199 (+21.3%)	0.7%	$180.78	+32.5%	COM	038222105
AZN	ASTRAZENECA PLC	13,978 (-1.0%)	$1,285 (+18.6%)	0.8%	$76.72	—	SPONSORED ADR	046353108
FCX	FREEPORT-MCMORAN INC	18,499 (-2.7%)	$940 (+25.9%)	0.6%	$43.20	+0.3%	CL B	35671D857
SD	SANDRIDGE ENERGY INC	67,779 (-32.9%)	$978 (-14.1%)	0.6%	$14.21	-6.9%	COM NEW	80007P869
EMBJ	EMBRAER S.A.	50,007 (-1.2%)	$3,219 (+5.2%)	1.9%	$58.32	—	SPONSORED ADS	29082A107
GPC	GENUINE PARTS CO	6,694 (-2.4%)	$823 (-13.4%)	0.5%	$132.40	-2.8%	COM	372460105
DGX	QUEST DIAGNOSTICS INC	5,591 (-2.9%)	$970 (-11.6%)	0.6%	$176.64	+3.1%	COM	74834L100
FMX	FOMENTO ECONOMICO MEXICANO S	40,982 (-5.3%)	$4,142 (-2.9%)	2.4%	$113.17	—	SPON ADR UNITS	344419106
EOG	EOG RES INC	11,180 (-3.5%)	$1,174 (-9.6%)	0.7%	$117.95	-9.1%	COM	26875P101
DHI	D R HORTON INC	4,110 (-2.4%)	$592 (-17.0%)	0.3%	$156.63	-2.9%	COM	23331A109
MSFT	MICROSOFT CORP	416 (-25.8%)	$201 (-30.8%)	0.1%	$381.10	+31.4%	COM	594918104
SCCO	SOUTHERN COPPER CORP	42,211 (-16.4%)	$6,056 (-1.1%)	3.6%	$75.18	+76.6%	COM	84265V105
QCOM	QUALCOMM INC	15,255 (-4.8%)	$2,609 (-2.1%)	1.5%	$137.70	+24.0%	COM	747525103
XEL	XCEL ENERGY INC	5,564 (-2.9%)	$411 (-11.1%)	0.2%	$71.34	+9.7%	COM	98389B100
ALL	ALLSTATE CORP	3,918 (-2.7%)	$816 (-5.7%)	0.5%	$133.03	+53.4%	COM	020002101
OSK	OSHKOSH CORP	6,003 (-2.6%)	$754 (-5.6%)	0.4%	$100.74	+27.0%	COM	688239201
TLK	P T TELEKOMUNIKASI INDONESIA	24,001 (-2.9%)	$505 (+8.6%)	0.3%	$18.82	—	SPONSORED ADR	715684106
MDT	MEDTRONIC PLC	44,368 (-1.7%)	$4,262 (-0.8%)	2.5%	$82.00	+18.5%	SHS	G5960L103
UNM	UNUM GROUP	28,854 (-1.2%)	$2,236 (-1.5%)	1.3%	$77.42	-1.2%	COM	91529Y106
EQNR	EQUINOR ASA	25,411 (-2.5%)	$600 (-5.5%)	0.4%	$24.38	—	SPONSORED ADR	29446M102
FCPT	FOUR CORNERS PPTY TR INC	19,483 (-1.7%)	$449 (-7.1%)	0.3%	$24.40	—	COM	35086T109
SRE	SEMPRA	7,799 (-2.7%)	$689 (-4.5%)	0.4%	$79.82	+13.4%	COM	816851109
CSGS	CSG SYS INTL INC	4,095 (-6.3%)	$314 (+11.6%)	0.2%	$63.18	+16.4%	COM	126349109
MCK	MCKESSON CORP	1,476 (-3.3%)	$1,211 (+2.6%)	0.7%	$565.59	+44.2%	COM	58155Q103
TSLX	SIXTH STREET SPECIALTY LENDI	18,729 (-2.2%)	$407 (-7.1%)	0.2%	$24.05	-9.3%	COM	83012A109
ORI	OLD REP INTL CORP	12,633 (-1.7%)	$577 (+5.6%)	0.3%	$23.93	+70.6%	COM	680223104
FSM	FORTUNA MNG CORP	119,262 (-6.8%)	$1,170 (+2.1%)	0.7%	$5.15	+74.8%	COM NEW	349942102
PPG	PPG INDS INC	4,310 (-1.5%)	$442 (-4.0%)	0.3%	$109.99	-9.0%	COM	693506107
EMR	EMERSON ELEC CO	8,140 (-2.1%)	$1,080 (-1.0%)	0.6%	$96.80	+36.8%	COM	291011104
CPA	COPA HOLDINGS SA	7,152 (-2.7%)	$863 (-1.2%)	0.5%	$111.94	+8.3%	CL A	P31076105
SSNC	SS&C TECHNOLOGIES HLDGS INC	2,552 (-1.7%)	$223 (-3.1%)	0.1%	$78.61	+8.5%	COM	78467J100
XOM	EXXON MOBIL CORP	2,662 (-7.7%)	$320 (-1.5%)	0.2%	$98.57	+17.2%	COM	30231G102
CME	CME GROUP INC	1,010 (-2.6%)	$276 (-1.6%)	0.2%	$209.16	+29.4%	COM	12572Q105

Unchanged Positions (10)

WPM WHEATON PRECIOUS METALS CORP 4.0%

Value ($000) $6,759 Shares 57,517 Est. Cost $45.84 Unrealized +133.6%

ABT ABBOTT LABS 1.7%

Value ($000) $2,809 Shares 22,416 Est. Cost $130.60 Unrealized -2.5%

HIG HARTFORD INSURANCE GROUP INC 2.2%

Value ($000) $3,776 Shares 27,400 Est. Cost $117.06 Unrealized +12.4%

AEM AGNICO EAGLE MINES LTD 5.7%

Value ($000) $9,664 Shares 57,002 Est. Cost $47.96 Unrealized +250.0%

FOXA FOX CORP 0.2%

Value ($000) $363 Shares 4,967 Est. Cost $52.48 Unrealized +24.5%

TGT TARGET CORP 0.3%

Value ($000) $529 Shares 5,407 Est. Cost $96.73 Unrealized -5.3%

HSY HERSHEY CO 0.7%

Value ($000) $1,122 Shares 6,164 Est. Cost $174.44 Unrealized +4.4%

COP CONOCOPHILLIPS 1.7%

Value ($000) $2,839 Shares 30,327 Est. Cost $104.10 Unrealized -13.5%

TJX TJX COS INC NEW 0.2%

Value ($000) $262 Shares 1,704 Est. Cost $120.10 Unrealized +23.0%

MA MASTERCARD INCORPORATED 0.2%

Value ($000) $313 Shares 549 Est. Cost $399.98 Unrealized +39.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WPM	WHEATON PRECIOUS METALS CORP	57,517	$6,759	4.0%	$45.84	+133.6%	COM	962879102
ABT	ABBOTT LABS	22,416	$2,809	1.7%	$130.60	-2.5%	COM	002824100
HIG	HARTFORD INSURANCE GROUP INC	27,400	$3,776	2.2%	$117.06	+12.4%	COM	416515104
AEM	AGNICO EAGLE MINES LTD	57,002	$9,664	5.7%	$47.96	+250.0%	COM	008474108
FOXA	FOX CORP	4,967	$363	0.2%	$52.48	+24.5%	CL A COM	35137L105
TGT	TARGET CORP	5,407	$529	0.3%	$96.73	-5.3%	COM	87612E106
HSY	HERSHEY CO	6,164	$1,122	0.7%	$174.44	+4.4%	COM	427866108
COP	CONOCOPHILLIPS	30,327	$2,839	1.7%	$104.10	-13.5%	COM	20825C104
TJX	TJX COS INC NEW	1,704	$262	0.2%	$120.10	+23.0%	COM	872540109
MA	MASTERCARD INCORPORATED	549	$313	0.2%	$399.98	+39.7%	CL A	57636Q104