Lakeside Advisors, INC. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	1,305 (+52.6%)	$818 (+56.3%)	0.5%	$513.93	—	S&P 500 ETF SHS	922908363
PG	PROCTER AND GAMBLE CO	37,484 (+2.5%)	$5,372 (-4.4%)	3.4%	$134.45	+9.5%	COM	742718109
LLY	ELI LILLY & CO	512 (+7.3%)	$550 (+51.2%)	0.4%	$448.66	+113.0%	COM	532457108
VIG	VANGUARD SPECIALIZED FUNDS	2,388 (+51.8%)	$525 (+54.6%)	0.3%	$188.17	—	DIV APP ETF	921908844
TSLA	TESLA INC	755 (+41.1%)	$340 (+42.7%)	0.2%	$374.94	+18.2%	COM	88160R101
WFC	WELLS FARGO CO NEW	7,525 (+3.4%)	$701 (+15.0%)	0.4%	$45.81	+89.1%	COM	949746101
AMGN	AMGEN INC	1,340 (+2.5%)	$439 (+18.9%)	0.3%	$206.74	+52.8%	COM	031162100
CGSM	CAPITAL GRP FIXED INCM ETF T	11,500 (+21.1%)	$303 (+21.0%)	0.2%	$26.07	—	SHORT DURATION M	14020Y607
BA	BOEING CO	3,490 (+4.5%)	$758 (+5.1%)	0.5%	$211.03	-2.5%	COM	097023105
MDLZ	MONDELEZ INTL INC	5,678 (+16.8%)	$306 (+0.6%)	0.2%	$55.73	+2.4%	CL A	609207105

Exited Positions (3)

MA MASTERCARD INCORPORATED 0.3%

Value ($000) $412 Shares 725 Est. Cost $337.80 Unrealized +65.5%

NKE NIKE INC 0.2%

Value ($000) $241 Shares 3,450 Est. Cost $154.55 Unrealized -58.0%

VZ VERIZON COMMUNICATIONS INC 0.1%

Value ($000) $228 Shares 5,186 Est. Cost $38.55 Unrealized +5.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	725	$412	0.3%	$337.80	+65.5%	—	57636Q104
NKE	NIKE INC	3,450	$241	0.2%	$154.55	-58.0%	—	654106103
VZ	VERIZON COMMUNICATIONS INC	5,186	$228	0.1%	$38.55	+5.0%	—	92343V104

Decreased Positions (23)

NUE NUCOR CORP 4.9%

Value ($000) $7,614 (+18.7%) Shares 46,677 (-1.5%) Est. Cost $106.98 Unrealized +40.0%

COST COSTCO WHSL CORP NEW 7.3%

Value ($000) $11,389 (-8.8%) Shares 13,207 (-2.1%) Est. Cost $488.10 Unrealized +85.6%

EXPD EXPEDITORS INTL WASH INC 2.9%

Value ($000) $4,605 (+20.3%) Shares 30,903 (-1.1%) Est. Cost $117.67 Unrealized +15.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 9.1%

Value ($000) $14,172 (-4.2%) Shares 28,195 (-4.2%) Est. Cost $287.65 Unrealized +73.0%

JNJ JOHNSON & JOHNSON 2.9%

Value ($000) $4,509 (+9.6%) Shares 21,789 (-1.8%) Est. Cost $145.77 Unrealized +35.1%

HD HOME DEPOT INC 1.0%

Value ($000) $1,540 (-18.7%) Shares 4,475 (-4.3%) Est. Cost $343.18 Unrealized +6.2%

USB US BANCORP DEL 3.2%

Value ($000) $4,972 (+6.8%) Shares 93,173 (-3.3%) Est. Cost $48.84 Unrealized -0.2%

T AT&T INC 1.1%

Value ($000) $1,729 (-13.0%) Shares 69,614 (-1.1%) Est. Cost $14.69 Unrealized +72.2%

SBUX STARBUCKS CORP 1.1%

Value ($000) $1,789 (-11.1%) Shares 21,245 (-10.7%) Est. Cost $93.39 Unrealized -10.0%

GOOG ALPHABET INC 0.4%

Value ($000) $607 (+27.2%) Shares 1,934 (-1.3%) Est. Cost $120.00 Unrealized +138.6%

FDX FEDEX CORP 0.6%

Value ($000) $872 (+16.7%) Shares 3,018 (-4.7%) Est. Cost $214.69 Unrealized +21.8%

NVO NOVO-NORDISK A S 0.6%

Value ($000) $880 (-11.1%) Shares 17,300 (-3.1%) Est. Cost $98.10 Unrealized —

MDT MEDTRONIC PLC 0.7%

Value ($000) $1,148 (-8.3%) Shares 11,953 (-9.1%) Est. Cost $85.17 Unrealized +14.1%

GILD GILEAD SCIENCES INC 0.7%

Value ($000) $1,117 (+9.4%) Shares 9,100 (-1.1%) Est. Cost $58.60 Unrealized +106.3%

AAPL APPLE INC 1.4%

Value ($000) $2,187 (+3.5%) Shares 8,044 (-3.0%) Est. Cost $156.19 Unrealized +71.8%

SOLV SOLVENTUM CORP 0.2%

Value ($000) $387 (-16.1%) Shares 4,878 (-22.7%) Est. Cost $60.70 Unrealized +26.2%

CEG CONSTELLATION ENERGY CORP 0.7%

Value ($000) $1,074 (+6.2%) Shares 3,039 (-1.1%) Est. Cost $47.25 Unrealized +668.7%

NVDA NVIDIA CORPORATION 1.4%

Value ($000) $2,180 (-2.6%) Shares 11,690 (-2.6%) Est. Cost $93.69 Unrealized +98.7%

MMM 3M CO 2.3%

Value ($000) $3,560 (+1.5%) Shares 22,236 (-1.6%) Est. Cost $94.27 Unrealized +73.1%

PFE PFIZER INC 0.2%

Value ($000) $251 (-10.3%) Shares 10,086 (-8.2%) Est. Cost $32.53 Unrealized -23.0%

EXC EXELON CORP 0.4%

Value ($000) $604 (-4.2%) Shares 13,858 (-1.1%) Est. Cost $32.52 Unrealized +39.8%

WAFD WAFD INC 0.2%

Value ($000) $248 (-4.0%) Shares 7,750 (-9.3%) Est. Cost $29.60 Unrealized +3.0%

GEV GE VERNOVA INC 0.9%

Value ($000) $1,422 (+0.5%) Shares 2,175 (-5.4%) Est. Cost $158.10 Unrealized +285.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NUE	NUCOR CORP	46,677 (-1.5%)	$7,614 (+18.7%)	4.9%	$106.98	+40.0%	COM	670346105
COST	COSTCO WHSL CORP NEW	13,207 (-2.1%)	$11,389 (-8.8%)	7.3%	$488.10	+85.6%	COM	22160K105
EXPD	EXPEDITORS INTL WASH INC	30,903 (-1.1%)	$4,605 (+20.3%)	2.9%	$117.67	+15.3%	COM	302130109
BRK/B	BERKSHIRE HATHAWAY INC DEL	28,195 (-4.2%)	$14,172 (-4.2%)	9.1%	$287.65	+73.0%	CL B NEW	084670702
JNJ	JOHNSON & JOHNSON	21,789 (-1.8%)	$4,509 (+9.6%)	2.9%	$145.77	+35.1%	COM	478160104
HD	HOME DEPOT INC	4,475 (-4.3%)	$1,540 (-18.7%)	1.0%	$343.18	+6.2%	COM	437076102
USB	US BANCORP DEL	93,173 (-3.3%)	$4,972 (+6.8%)	3.2%	$48.84	-0.2%	COM NEW	902973304
T	AT&T INC	69,614 (-1.1%)	$1,729 (-13.0%)	1.1%	$14.69	+72.2%	COM	00206R102
SBUX	STARBUCKS CORP	21,245 (-10.7%)	$1,789 (-11.1%)	1.1%	$93.39	-10.0%	COM	855244109
GOOG	ALPHABET INC	1,934 (-1.3%)	$607 (+27.2%)	0.4%	$120.00	+138.6%	CAP STK CL C	02079K107
FDX	FEDEX CORP	3,018 (-4.7%)	$872 (+16.7%)	0.6%	$214.69	+21.8%	COM	31428X106
NVO	NOVO-NORDISK A S	17,300 (-3.1%)	$880 (-11.1%)	0.6%	$98.10	—	ADR	670100205
MDT	MEDTRONIC PLC	11,953 (-9.1%)	$1,148 (-8.3%)	0.7%	$85.17	+14.1%	SHS	G5960L103
GILD	GILEAD SCIENCES INC	9,100 (-1.1%)	$1,117 (+9.4%)	0.7%	$58.60	+106.3%	COM	375558103
AAPL	APPLE INC	8,044 (-3.0%)	$2,187 (+3.5%)	1.4%	$156.19	+71.8%	COM	037833100
SOLV	SOLVENTUM CORP	4,878 (-22.7%)	$387 (-16.1%)	0.2%	$60.70	+26.2%	COM SHS	83444M101
CEG	CONSTELLATION ENERGY CORP	3,039 (-1.1%)	$1,074 (+6.2%)	0.7%	$47.25	+668.7%	COM	21037T109
NVDA	NVIDIA CORPORATION	11,690 (-2.6%)	$2,180 (-2.6%)	1.4%	$93.69	+98.7%	COM	67066G104
MMM	3M CO	22,236 (-1.6%)	$3,560 (+1.5%)	2.3%	$94.27	+73.1%	COM	88579Y101
PFE	PFIZER INC	10,086 (-8.2%)	$251 (-10.3%)	0.2%	$32.53	-23.0%	COM	717081103
EXC	EXELON CORP	13,858 (-1.1%)	$604 (-4.2%)	0.4%	$32.52	+39.8%	COM	30161N101
WAFD	WAFD INC	7,750 (-9.3%)	$248 (-4.0%)	0.2%	$29.60	+3.0%	COM	938824109
GEV	GE VERNOVA INC	2,175 (-5.4%)	$1,422 (+0.5%)	0.9%	$158.10	+285.2%	COM	36828A101

Unchanged Positions (27)

MSFT MICROSOFT CORP 26.3%

Value ($000) $41,107 Shares 84,998 Est. Cost $313.41 Unrealized +59.7%

PCAR PACCAR INC 2.4%

Value ($000) $3,729 Shares 34,053 Est. Cost $70.66 Unrealized +43.2%

CAT CATERPILLAR INC 0.7%

Value ($000) $1,024 Shares 1,788 Est. Cost $186.46 Unrealized +197.9%

KR KROGER CO 1.1%

Value ($000) $1,734 Shares 27,758 Est. Cost $38.48 Unrealized +69.5%

VTI VANGUARD INDEX FDS 3.7%

Value ($000) $5,858 Shares 17,473 Est. Cost $188.64 Unrealized —

CB CHUBB LIMITED 0.8%

Value ($000) $1,207 Shares 3,868 Est. Cost $184.94 Unrealized +58.1%

XOM EXXON MOBIL CORP 1.0%

Value ($000) $1,635 Shares 13,585 Est. Cost $53.90 Unrealized +114.2%

GE GE AEROSPACE 2.2%

Value ($000) $3,482 Shares 11,303 Est. Cost $157.95 Unrealized +90.4%

CSCO CISCO SYS INC 0.4%

Value ($000) $657 Shares 8,528 Est. Cost $49.06 Unrealized +50.4%

ABBV ABBVIE INC 2.3%

Value ($000) $3,582 Shares 15,676 Est. Cost $101.71 Unrealized +123.7%

MVIS MICROVISION INC DEL 0.1%

Value ($000) $85 Shares 102,638 Est. Cost $3.10 Unrealized -65.7%

LOW LOWES COS INC 0.5%

Value ($000) $775 Shares 3,212 Est. Cost $219.81 Unrealized +9.1%

DINT DAVIS FUNDAMENTAL ETF TR 1.0%

Value ($000) $1,553 Shares 54,500 Est. Cost $19.40 Unrealized —

GEHC GE HEALTHCARE TECHNOLOGIES I 0.2%

Value ($000) $361 Shares 4,397 Est. Cost $71.08 Unrealized +9.6%

WM WASTE MGMT INC DEL 2.6%

Value ($000) $4,028 Shares 18,335 Est. Cost $150.64 Unrealized +41.1%

AMZN AMAZON COM INC 0.3%

Value ($000) $443 Shares 1,920 Est. Cost $147.43 Unrealized +55.2%

CSX CSX CORP 0.5%

Value ($000) $783 Shares 21,600 Est. Cost $33.29 Unrealized +7.2%

QCOM QUALCOMM INC 0.3%

Value ($000) $514 Shares 3,004 Est. Cost $135.46 Unrealized +26.1%

FPAG INVESTMENT MANAGERS SER TR I 0.2%

Value ($000) $356 Shares 9,600 Est. Cost $29.60 Unrealized —

JPM JPMORGAN CHASE & CO. 0.3%

Value ($000) $408 Shares 1,266 Est. Cost $119.12 Unrealized +159.9%

MCD MCDONALDS CORP 0.8%

Value ($000) $1,259 Shares 4,118 Est. Cost $229.60 Unrealized +32.9%

CVX CHEVRON CORP NEW 0.2%

Value ($000) $305 Shares 2,002 Est. Cost $100.57 Unrealized +50.5%

KNO INVESTMENT MANAGERS SER TR I 0.1%

Value ($000) $233 Shares 4,550 Est. Cost $50.49 Unrealized —

SOLR GUINNESS ATKINSON FDS 0.2%

Value ($000) $272 Shares 8,802 Est. Cost $32.35 Unrealized —

DIVS GUINNESS ATKINSON FDS 0.3%

Value ($000) $464 Shares 15,000 Est. Cost $27.18 Unrealized —

MUST COLUMBIA ETF TR I 0.5%

Value ($000) $749 Shares 36,340 Est. Cost $22.14 Unrealized —

ADIV GUINNESS ATKINSON FDS 0.1%

Value ($000) $227 Shares 12,500 Est. Cost $16.47 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	84,998	$41,107	26.3%	$313.41	+59.7%	COM	594918104
PCAR	PACCAR INC	34,053	$3,729	2.4%	$70.66	+43.2%	COM	693718108
CAT	CATERPILLAR INC	1,788	$1,024	0.7%	$186.46	+197.9%	COM	149123101
KR	KROGER CO	27,758	$1,734	1.1%	$38.48	+69.5%	COM	501044101
VTI	VANGUARD INDEX FDS	17,473	$5,858	3.7%	$188.64	—	TOTAL STK MKT	922908769
CB	CHUBB LIMITED	3,868	$1,207	0.8%	$184.94	+58.1%	COM	H1467J104
XOM	EXXON MOBIL CORP	13,585	$1,635	1.0%	$53.90	+114.2%	COM	30231G102
GE	GE AEROSPACE	11,303	$3,482	2.2%	$157.95	+90.4%	COM NEW	369604301
CSCO	CISCO SYS INC	8,528	$657	0.4%	$49.06	+50.4%	COM	17275R102
ABBV	ABBVIE INC	15,676	$3,582	2.3%	$101.71	+123.7%	COM	00287Y109
MVIS	MICROVISION INC DEL	102,638	$85	0.1%	$3.10	-65.7%	COM NEW	594960304
LOW	LOWES COS INC	3,212	$775	0.5%	$219.81	+9.1%	COM	548661107
DINT	DAVIS FUNDAMENTAL ETF TR	54,500	$1,553	1.0%	$19.40	—	SELCT INTL ETF	23908L405
GEHC	GE HEALTHCARE TECHNOLOGIES I	4,397	$361	0.2%	$71.08	+9.6%	COMMON STOCK	36266G107
WM	WASTE MGMT INC DEL	18,335	$4,028	2.6%	$150.64	+41.1%	COM	94106L109
AMZN	AMAZON COM INC	1,920	$443	0.3%	$147.43	+55.2%	COM	023135106
CSX	CSX CORP	21,600	$783	0.5%	$33.29	+7.2%	COM	126408103
QCOM	QUALCOMM INC	3,004	$514	0.3%	$135.46	+26.1%	COM	747525103
FPAG	INVESTMENT MANAGERS SER TR I	9,600	$356	0.2%	$29.60	—	FPA GBL EQTY ETF	30254T577
JPM	JPMORGAN CHASE & CO.	1,266	$408	0.3%	$119.12	+159.9%	COM	46625H100
MCD	MCDONALDS CORP	4,118	$1,259	0.8%	$229.60	+32.9%	COM	580135101
CVX	CHEVRON CORP NEW	2,002	$305	0.2%	$100.57	+50.5%	COM	166764100
KNO	INVESTMENT MANAGERS SER TR I	4,550	$233	0.1%	$50.49	—	AXS KNOWLEDGE LE	46144X396
SOLR	GUINNESS ATKINSON FDS	8,802	$272	0.2%	$32.35	—	SUSTAINABLE ENER	402031850
DIVS	GUINNESS ATKINSON FDS	15,000	$464	0.3%	$27.18	—	DIVIDEND BUILDER	402031835
MUST	COLUMBIA ETF TR I	36,340	$749	0.5%	$22.14	—	MULTI SEC MUNI	19761L607
ADIV	GUINNESS ATKINSON FDS	12,500	$227	0.1%	$16.47	—	ASIA PACIFIC DIV	402031843