Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CVAR	ETF OPPORTUNITIES TRUST	1,369,094 (+4.6%)	$39.4M (+6.4%)	25.4%	$25.55	—	CULTIVAR ETF	26923N876
CAOS	EA SERIES TRUST	222,347 (+10.0%)	$20.09M (+9.5%)	12.9%	$86.09	—	ALPHA ARCHITECT	02072L516
DJP	BARCLAYS BANK PLC	183,482 (+1.5%)	$8.02M (-7.8%)	5.2%	$32.85	—	DJUBS CMDT ETN36	06738C778
TLT	ISHARES TR	162,788 (+4.8%)	$14.07M (+4.4%)	9.1%	$95.37	—	20 YR TR BD ETF	464287432
AGG	ISHARES TR	254,345 (+2.4%)	$25.18M (+2.1%)	16.2%	$99.23	—	CORE US AGGBD ET	464287226
MDYV	SPDR SERIES TRUST	9,610 (+63.2%)	$912K (+81.7%)	0.6%	$88.23	—	ST STR SP400VAL	78464A839
AAPL	APPLE INC	2,476 (+42.1%)	$716K (+62.0%)	0.5%	$218.59	—	COM	037833100
IWM	ISHARES TR	3,290 (+1.3%)	$988K (+22.7%)	0.6%	$203.99	—	RUSSELL 2000 ETF	464287655
WY	WEYERHAEUSER CO	615,297 (+2.9%)	$14.73M (+0.9%)	9.5%	$27.35	—	COM NEW	962166104
GSK	GSK PLC	6,309 (+1.3%)	$331K (-3.8%)	0.2%	$37.26	—	SPONSORED ADR	37733W204
DUK	DUKE ENERGY CORP NEW	2,258 (+1.0%)	$286K (-2.3%)	0.2%	$115.78	—	COM NEW	26441C204
SO	SOUTHERN CO	3,036 (+1.0%)	$291K (+0.2%)	0.2%	$88.41	—	COM	842587107

Exited Positions (7)

MLM MARTIN MARIETTA MATLS INC 1.6%

Value $2.441M Shares 4,147 Est. Cost $445.31 Unrealized —

XOM EXXON MOBIL CORP 1.3%

Value $1.999M Shares 11,783 Est. Cost $100.54 Unrealized —

IVV ISHARES TR 0.2%

Value $348K Shares 532 Est. Cost $653.21 Unrealized —

T AT&T INC 0.2%

Value $268K Shares 9,242 Est. Cost $15.32 Unrealized —

VTV VANGUARD INDEX FDS 0.2%

Value $239K Shares 1,220 Est. Cost $149.50 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $222K Shares 4,431 Est. Cost $43.82 Unrealized —

CVX CHEVRON CORPORATION 0.1%

Value $217K Shares 1,051 Est. Cost $171.87 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MLM	MARTIN MARIETTA MATLS INC	4,147	$2.441M	1.6%	$445.31	—	—	573284106
XOM	EXXON MOBIL CORP	11,783	$1.999M	1.3%	$100.54	—	—	30231G102
IVV	ISHARES TR	532	$348K	0.2%	$653.21	—	—	464287200
T	AT&T INC	9,242	$268K	0.2%	$15.32	—	—	00206R102
VTV	VANGUARD INDEX FDS	1,220	$239K	0.2%	$149.50	—	—	922908744
VZ	VERIZON COMMUNICATIONS INC	4,431	$222K	0.1%	$43.82	—	—	92343V104
CVX	CHEVRON CORPORATION	1,051	$217K	0.1%	$171.87	—	—	166764100

Decreased Positions (3)

GDX VANECK ETF TRUST 4.5%

Value $7.019M (-19.6%) Shares 93,034 (-2.2%) Est. Cost $31.03 Unrealized —

JNJ JOHNSON & JOHNSON 0.8%

Value $1.209M (-18.3%) Shares 4,761 (-21.3%) Est. Cost $144.61 Unrealized —

PFE PFIZER INC 0.1%

Value $203K (-16.1%) Shares 8,413 (-2.2%) Est. Cost $25.06 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GDX	VANECK ETF TRUST	93,034 (-2.2%)	$7.019M (-19.6%)	4.5%	$31.03	—	GOLD MINERS ETF	92189F106
JNJ	JOHNSON & JOHNSON	4,761 (-21.3%)	$1.209M (-18.3%)	0.8%	$144.61	—	COM	478160104
PFE	PFIZER INC	8,413 (-2.2%)	$203K (-16.1%)	0.1%	$25.06	—	COM	717081103

Unchanged Positions (24)

HAP VANECK ETF TRUST 6.2%

Value $9.612M Shares 140,091 Est. Cost $49.03 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 1.1%

Value $1.705M Shares 6,062 Est. Cost $170.17 Unrealized —

GE GE AEROSPACE 0.6%

Value $894K Shares 2,391 Est. Cost $91.47 Unrealized —

GEV GE VERNOVA INC 0.5%

Value $703K Shares 598 Est. Cost $415.97 Unrealized —

TXN TEXAS INSTRS INC 0.3%

Value $497K Shares 1,668 Est. Cost $145.50 Unrealized —

JPM JPMORGAN CHASE & CO 0.9%

Value $1.334M Shares 4,074 Est. Cost $197.85 Unrealized —

LUV SOUTHWEST AIRLS CO 0.2%

Value $324K Shares 6,310 Est. Cost $24.74 Unrealized —

ABBV ABBVIE INC 0.4%

Value $574K Shares 2,282 Est. Cost $189.60 Unrealized —

GBCI GLACIER BANCORP INC NEW 0.4%

Value $580K Shares 11,247 Est. Cost $43.57 Unrealized —

USB US BANCORP 0.3%

Value $529K Shares 8,750 Est. Cost $41.16 Unrealized —

PB PROSPERITY BANCSHARES INC 0.4%

Value $628K Shares 8,603 Est. Cost $54.28 Unrealized —

KO COCA COLA CO 0.3%

Value $529K Shares 6,505 Est. Cost $57.34 Unrealized —

XLE SELECT SECTOR SPDR TR 0.2%

Value $235K Shares 4,430 Est. Cost $61.26 Unrealized —

TSLA TESLA INC 0.2%

Value $244K Shares 579 Est. Cost $301.28 Unrealized —

DE DEERE & CO 0.2%

Value $254K Shares 400 Est. Cost $551.35 Unrealized —

PRU PRUDENTIAL FINL INC 0.1%

Value $232K Shares 2,146 Est. Cost $100.74 Unrealized —

OKE ONEOK INC NEW 0.3%

Value $503K Shares 5,785 Est. Cost $80.67 Unrealized —

VLO VALERO ENERGY CORP 0.2%

Value $320K Shares 1,228 Est. Cost $190.06 Unrealized —

WMB WILLIAMS COS INC 0.4%

Value $603K Shares 8,111 Est. Cost $57.67 Unrealized —

NEE NEXTERA ENERGY INC 0.1%

Value $211K Shares 2,405 Est. Cost $87.17 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $218K Shares 435 Est. Cost $497.53 Unrealized —

VTEB VANGUARD MUN BD FDS 0.2%

Value $322K Shares 6,375 Est. Cost $50.13 Unrealized —

RTX RTX CORPORATION 0.1%

Value $228K Shares 1,204 Est. Cost $173.32 Unrealized —

VMBS VANGUARD SCOTTSDALE FDS 0.2%

Value $316K Shares 6,755 Est. Cost $46.36 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HAP	VANECK ETF TRUST	140,091	$9.612M	6.2%	$49.03	—	NATURAL RESOURC	92189F841
IBM	INTERNATIONAL BUSINESS MACHS	6,062	$1.705M	1.1%	$170.17	—	COM	459200101
GE	GE AEROSPACE	2,391	$894K	0.6%	$91.47	—	COM NEW	369604301
GEV	GE VERNOVA INC	598	$703K	0.5%	$415.97	—	COM	36828A101
TXN	TEXAS INSTRS INC	1,668	$497K	0.3%	$145.50	—	COM	882508104
JPM	JPMORGAN CHASE & CO	4,074	$1.334M	0.9%	$197.85	—	COM	46625H100
LUV	SOUTHWEST AIRLS CO	6,310	$324K	0.2%	$24.74	—	COM	844741108
ABBV	ABBVIE INC	2,282	$574K	0.4%	$189.60	—	COM	00287Y109
GBCI	GLACIER BANCORP INC NEW	11,247	$580K	0.4%	$43.57	—	COM	37637Q105
USB	US BANCORP	8,750	$529K	0.3%	$41.16	—	COM NEW	902973304
PB	PROSPERITY BANCSHARES INC	8,603	$628K	0.4%	$54.28	—	COM	743606105
KO	COCA COLA CO	6,505	$529K	0.3%	$57.34	—	COM	191216100
XLE	SELECT SECTOR SPDR TR	4,430	$235K	0.2%	$61.26	—	ST STR ENERG ETF	81369Y506
TSLA	TESLA INC	579	$244K	0.2%	$301.28	—	COM	88160R101
DE	DEERE & CO	400	$254K	0.2%	$551.35	—	COM	244199105
PRU	PRUDENTIAL FINL INC	2,146	$232K	0.1%	$100.74	—	COM	744320102
OKE	ONEOK INC NEW	5,785	$503K	0.3%	$80.67	—	COM	682680103
VLO	VALERO ENERGY CORP	1,228	$320K	0.2%	$190.06	—	COM	91913Y100
WMB	WILLIAMS COS INC	8,111	$603K	0.4%	$57.67	—	COM	969457100
NEE	NEXTERA ENERGY INC	2,405	$211K	0.1%	$87.17	—	COM	65339F101
BRK/B	BERKSHIRE HATHAWAY INC DEL	435	$218K	0.1%	$497.53	—	CL B NEW	084670702
VTEB	VANGUARD MUN BD FDS	6,375	$322K	0.2%	$50.13	—	TAX EXEMPT BD	922907746
RTX	RTX CORPORATION	1,204	$228K	0.1%	$173.32	—	COM	75513E101
VMBS	VANGUARD SCOTTSDALE FDS	6,755	$316K	0.2%	$46.36	—	MTG-BKD SECS ETF	92206C771