| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SACKS, PRESS & LACHER, P.C. | 25,135 | 25,135 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| $125,000 FORD MTR CO DEL DEBS B/E 8.875% DUE 01/15/2022 DD 1/15/92 | 134,166 | 133,029 |
| $150,000 INTERNATIONAL BUSINESS MACHINES 6.5% DEB DUE 01/15/28 DD 01/09/98 | 153,743 | 200,600 |
| $105,000 MERCK & CO INC DEB 5.95% DUE 12/01/2028 DD 11/30/98 | 96,725 | 138,794 |
| $100,000 MERCK & CO 6.3% DEB DUE 01/01/2026 DD 01/01/96 | 97,105 | 124,193 |
| $95,000 VERIZON GLOBAL FDG 5.85% NOTE DUE 9/15/35 | 93,978 | 135,894 |
| $40,000 - APPLE INC DTD 05/03/13 2.400 05/03/2023 | 39,032 | 41,958 |
| $40,000 - GOLDMAN SACHS GROUP INC DTD 5/22/15 3.750 5/22/25 | 41,906 | 44,910 |
| $3,000 - HALLIBURTON COMPANY DTD 08/05/13 3.500 08/01/2023 | 2,939 | 3,206 |
| $40,000 - METLIFE INC DTD 04/10/14 3.600 04/10/2024 | 41,100 | 43,963 |
| $40,000 - CITIGROUP INC DTD 10/27/17 2.700 10/27/2022 | 39,798 | 41,601 |
| $40,000 - MORGAN STANLEY DTD 04/21/16 2.500 04/21/2021 | 40,189 | 40,248 |
| $25,000 AT&T INC DTD 10/01/15 4.450 04/01/2024 | 25,309 | 27,920 |
| $40,000 MITSUBISHI UF J FIN GRP DTD 07/26/18 3.761 07/26/2023 | 40,636 | 43,366 |
| $40,000 SUMITOMO MITSUI FINL GRP DTD 07/12/17 2.784 07/12/2022 | 39,176 | 41,469 |
| $40,000 - ANTHEM INC DTD 11/21/17 3.650 12/01/2027 | 41,198 | 46,127 |
| $40,000 BANK OF MONTREAL MED TERM NOTE DTD 06/28/19 2.500 06/28/2024 | 40,536 | 42,634 |
| $30,000 DIGITAL TRUST REALTY LP DTD 08/07/17 3.700 08/15/2027 | 32,571 | 34,481 |
| $40,000 - JPMORGAN CHASE & CO DTD 07/21/16 2.950 10/01/2026 | 41,070 | 44,378 |
| $40,000 SUNTRUST BANKS INC DTD 04/26/18 4.000 05/01/2025 | 41,935 | 45,294 |
| $25,000 - ABBVIE INC DTD 05/14/15 3.600 05/14/2025 | 27,837 | 27,852 |
| $6,000 - ADT CORP DTD 01/14/13 4.125 06/15/2023 | 6,273 | 6,397 |
| $6,000 - AECOM DTD 10/15/15 5.875 10/15/2024 | 6,555 | 6,692 |
| $6,000 - AIRCASTLE LTD DTD 06/13/19 4.250 06/15/2026 | 5,598 | 6,319 |
| $2,000 - ALLY FINANCIAL INC - DTD 05/19/15 4.625 05/19/2022 | 2,109 | 2,108 |
| $1,000 - ALUMINUM CO AMER DTD 01/27/98 6.750 01/15/2028 | 1,210 | 1,223 |
| $6,000 - AMERICAN AXLE & MFG INC | 6,188 | 6,180 |
| $4,000 - AMERIGAS PART/FIN CORP DTD 06/27/16 5.875 08/20/2026 | 4,500 | 4,500 |
| $2,000 - ARAMARK SERVICES INC DTD 12/01/16 4.750 06/01/2026 | 2,055 | 2,059 |
| $6,000 - ASBURY AUTOMOTIVE GROUP DTD 09/01/20 4.750 03/01/2030 | 6,450 | 6,435 |
| $5,000 - BALL CORP DTD 03/09/18 4.875 03/15/2026 | 5,643 | 5,648 |
| $25,000 BANK OF AMERICA CORP MED TERM NOTE DTD 10/21/16 3.248 10/21/2027 | 26,900 | 27,977 |
| $2,000 - BED BATH & BEYOND INC DTD 07/17/14 3.749 08/01/2024 | 1,970 | 1,992 |
| $3,000 - BERRY PLASTICS CORP DTD 06/05/15 5.125 07/15/2023 | 3,050 | 3,038 |
| $5,000 - BOEING CO DTD 05/04/20 5.705 05/01/2040 | 5,847 | 6,489 |
| $6,000 - BOYD GAMING CORP DTD 06/01/20 4.750 12/01/2027 | 5,910 | 6,233 |
| $6,000 - BOYD GAMING CORP DTD 06/25/18 6.000 08/15/2026 | 6,218 | 6,225 |
| $6,000 - BOYD GAMING CORP DTD 10/01/16 6.375 04/01/2026 | 6,076 | 6,233 |
| $6,000 - CABLEVISION SYSTEMS CORP DTD 09/27/12 5.875 09/15/2022 | 6,435 | 6,353 |
| $30,000 - CAPITAL ONE FINANCIAL CO DTD 03/09/17 3.750 03/09/2027 | 31,950 | 34,237 |
| $5,000 - CDW LLC/CDW FINANCE DTD 12/01/14 5.500 12/01/2024 | 5,619 | 5,590 |
| $6,000 CEDAR FAIR/CAN/MAGNUM/MI DTD 04/15/18 5.375 04/15/2027 | 6,000 | 6,135 |
| $4,000 - CENTENE CORP DTD 11/09/16 4.750 01/15/2025 | 4,130 | 4,105 |
| $4,000 - CENTURY COMMUNITIES DTD 12/01/19 6.750 06/01/2027 | 4,275 | 4,271 |
| $6,000 - CENTURYLINK INC DTD 04/06/16 7.500 04/01/2024 | 6,795 | 6,795 |
| $6,000 - CHEMOURS CO DTD 05/23/17 5.375 05/15/2027 | 6,385 | 6,390 |
| $40,000 - CHEVRON CORP DTD 05/11/20 1.554 05/11/2025 | 41,220 | 41,599 |
| $35,000 COMCAST CORP DTD 10/05/18 4.150 10/15/2028 | 42,554 | 42,132 |
| $6,000 - CREDIT ACCEPTANCE CORPORATION DTD 03/15/20 6.625 03/15/2026 | 6,389 | 6,390 |
| $6,000 - CROWN AMER/CAP CORP IV DTD 07/15/13 4.500 01/15/2023 | 6,344 | 6,331 |
| $6,000 - CSC HOLDINGS, LLC DTD 06/01/15 5.250 06/01/2024 | 6,569 | 6,494 |
| $6,000 - CSC HOLDINGS, LLC DTD 11/15/12 6.750 11/15/2021 | 6,355 | 6,270 |
| $6,000 - DCP MIDSTREAM OPERATING DTD 07/17/18 5.375 07/15/2025 | 6,255 | 6,593 |
| $6,000 - DELL INC DTD 09/10/10 5.400 09/10/2040 | 6,390 | 6,755 |
| $5,000 - DELL INC DTD 10/15/08 6.500 04/15/2038 | 5,619 | 6,213 |
| $6,000 - DELTA AIR LINES INC DTD 06/12/20 7.375 01/15/2026 | 6,380 | 6,854 |
| $4,000 - DISH DBS CORP DTD 11/20/14 5.875 11/15/2024 | 4,174 | 4,194 |
| $6,000 - DISH DBS CORP DTD 12/27/12 5.000 03/15/2023 | 6,222 | 6,195 |
| $25,000 - DOLLAR GENERAL CORP DTD 04/11/13 3.250 04/15/2023 | 26,489 | 26,452 |
| $6,000 - ENCOMPASS HEALTH CORP DTD 09/18/19 4.750 02/01/2030 | 6,244 | 6,248 |
| $6,000 - ENCOMPASS HEALTH CORP DTD 09/18/19 4.500 02/01/2028 | 6,251 | 6,270 |
| $6,000 - ENERGY TRANSFER OPERATING | 5,715 | 6,497 |
| $6,000 - EQT CORP DTD 01/21/20 7.000 02/01/2030 | 6,845 | 7,350 |
| $6,000 - EQT MIDSTREAM PARTNERS L DTD 06/25/18 5.500 07/15/2028 | 6,162 | 6,557 |
| $25,000 - EQUINIX INC DTD 10/07/20 1.550 03/15/2028 | 25,112 | 25,413 |
| $6,000 - EXPEDIA INC DTD 08/15/16 5.000 02/15/2026 | 6,347 | 6,722 |
| $5,000 - FORD MOTOR COMPANY DTD 04/22/20 9.625 04/22/2030 | 6,338 | 7,056 |
| $5,000 - FORD MOTOR COMPANY DTD 04/22/20 9.000 04/22/2025 | 5,960 | 6,130 |
| $6,000 - FREEPORT-MCMORAN INC DTD 08/15/19 5.250 09/01/2029 | 6,594 | 6,675 |
| $5,000 - GLP CAPITAL LP/ FIN II DTD 04/28/16 5.375 04/15/2026 | 5,625 | 5,738 |
| $4,000 - GMAC LLC DTD 12/31/08 8.000 11/01/2031 | 5,471 | 5,871 |
| $4,000 - GRAPHIC PACKAGING INTL DTD 04/02/13 4.750 04/15/2021 | 4,050 | 4,002 |
| $6,000 - GRIFFON CORPORATION DTD 02/19/20 5.750 03/01/2028 | 6,379 | 6,345 |
| $4,000 - H.B. FULLER CO DTD 10/20/20 4.250 10/15/2028 | 4,064 | 4,100 |
| $6,000 - HCA INC DTD 01/16/15 5.375 02/01/2025 | 6,675 | 6,747 |
| $4,000 - HCA INC DTD 10/23/12 5.875 05/01/2023 | 4,393 | 4,395 |
| $6,000 - HILLIENBRAND INC DTD 06/16/20 5.750 06/15/2025 | 6,515 | 6,480 |
| $6,000 - HILTON DOMESTIC OPERATIN DTD 06/20/19 4.875 01/15/2030 | 6,241 | 6,555 |
| $6,000 - HILTON WORLDWIDE FIN LLC DTD 03/16/17 4.875 04/01/2027 | 6,225 | 6,351 |
| $40,000 - HOME DEPOT INC DTD 02/12/16 3.000 04/01/2026 | 40,735 | 44,718 |
| $4,000 - HOST HOTELS & RESORTS LP DTD 08/20/20 3.500 09/15/2030 | 3,946 | 4,214 |
| $2,000 - HOST HOTELS & RESORTS LP DTD 09/26/19 3.375 12/15/2029 | 1,947 | 2,057 |
| $25,000 - HP ENTERPRISE CO DTD 07/17/20 1.450 04/01/2024 | 25,517 | 25,688 |
| $6,000 - HUGHES SATELLITE SYSTEMS DTD 02/01/17 5.250 08/01/2026 | 6,566 | 6,623 |
| $3,000 - ICAHN ENTERPRISES/FIN DTD 09/06/19 4.750 09/15/2024 | 3,131 | 3,116 |
| $6,000 - IHEARTCOMMUNICATIONS INC DTD 05/01/19 6.375 05/01/2026 | 6,375 | 6,420 |
| $5,000 - KOHL'S CORPORATION DTD 04/29/20 9.500 05/15/2025 | 5,931 | 6,486 |
| $5,000 - KRAFT HEINZ FOODS CO DTD 08/15/16 5.200 07/15/2045 | 5,655 | 5,945 |
| $6,000 - L BRANDS INC DTD 06/16/16 6.750 07/01/2036 | 5,888 | 6,685 |
| $6,000 - LEVEL 3 FINANCING INC DTD 09/01/15 5.375 05/01/2025 | 6,213 | 6,171 |
| $5,000 - LEVEL 3 FINANCING INC DTD 10/15/16 5.250 03/15/2026 | 5,219 | 5,167 |
| $6,000 - MARRIOTT OWNERSHIP/ILG DTD 03/15/19 6.500 09/15/2026 | 6,206 | 6,270 |
| $6,000 - MGIC INVESTMENT CORP DTD 08/12/20 5.250 08/15/2028 | 6,153 | 6,420 |
| $6,000 - MGM GROWTH/MGM FINANCE DTD 03/01/17 4.500 09/01/2026 | 6,315 | 6,455 |
| $6,000 - MGM RESORTS INTL DTD 06/18/18 5.750 06/15/2025 | 6,270 | 6,634 |
| $3,000 - MPT OPER PARTNERSP/FINL DTD 07/22/16 5.250 08/01/2026 | 3,165 | 3,141 |
| $6,000 - NETFLIX INC DTD 02/15/15 5.500 02/15/2022 | 6,377 | 6,278 |
| $6,000 - NETFLIX INC DTD 02/15/15 5.875 02/15/2025 | 6,900 | 6,903 |
| $5,000 - NEWELL RUBBERMAID INC DTD 03/30/16 5.500 04/01/2046 | 5,563 | 6,375 |
| $7,000 - NORDSTROM INC DTD 11/06/19 4.375 04/01/2030 | 5,556 | 6,894 |
| $6,000 - NRG ENERGY INC DTD 11/15/16 7.250 05/15/2026 | 6,428 | 6,330 |
| $6,000 - OCCIDENTAL PETROLEUM COR DTD 08/26/20 5.875 09/01/2025 | 5,650 | 6,390 |
| $6,000 - OCCIDENTAL PETROLEUM COR DTD 09/15/19 5.550 03/15/2026 | 6,218 | 6,264 |
| $6,000 - PENSKE AUTOMOTIVE GROUP DTD 08/20/20 3.500 09/01/2025 | 6,065 | 6,098 |
| $6,000 - PG&E CORP DTD 06/23/20 5.250 07/01/2030 | 6,128 | 6,600 |
| $35,000 - PNC FINANCIAL SERVICES DTD 01/22/20 2.550 01/22/2030 | 38,256 | 38,345 |
| $4,000 - QVC INC DTD 06/10/14 4.850 04/01/2024 | 4,210 | 4,310 |
| $6,000 - QVC INC DTD 08/20/20 4.375 09/01/2028 | 6,009 | 6,217 |
| $6,000 - QVC INC DTD 08/2/14 5.450 08/15/2034 | 6,005 | 6,240 |
| $4,000 - RADIAN GROUP INC DTD 05/15/20 6.625 03/15/2025 | 4,485 | 4,530 |
| $6,000 - RADIAN GROUP INC DTD 06/24/19 4.875 03/15/2027 | 5,802 | 6,589 |
| $6,000 - RYMAN HOSPITALITY PROP DTD 04/15/20 4.750 10/15/2027 | 6,128 | 6,210 |
| $6,000 - SALLY HOLDINGS/SALLY CAP DTD 12/03/15 5.625 12/01/2025 | 6,079 | 6,165 |
| $6,000 - SBA COMMUNICATIONS CORP DTD 03/01/17 4.875 09/01/2024 | 6,172 | 6,154 |
| $6,000 - SERVICE CORP INTL DTD 08/10/20 3.375 08/15/2030 | 6,070 | 6,241 |
| $6,000 - SPIRIT AEROSYSTEMS INC DTD 05/30/18 4.600 06/15/2028 | 5,910 | 5,933 |
| $4,000 - SPIRIT AEROSYSTEMS INC DTD 06/01/16 3.850 06/15/2026 | 3,835 | 4,205 |
| $5,000 - SPRINGLEAF FINANCE CORP DTD 03/12/18 6.875 03/15/2025 | 5,564 | 5,806 |
| $6,000 - SPRINGLEAF FINANCE CORP DTD 05/11/18 7.125 03/15/2026 | 7,020 | 7,095 |
| $6,000 - SPRINT NEXTEL CORP DTD 05/15/12 11.500 11/15/2021 | 6,683 | 6,510 |
| $6,000 - STARWOOD PROPERTY TRUST DTD 06/15/17 5.000 12/15/2021 | 6,015 | 6,101 |
| $6,000 - TEGNA INC DTD 09/13/19 5.000 09/15/2029 | 6,253 | 6,339 |
| $6,000 - TELEFLEX INC DTD 11/20/17 4.625 11/15/2027 | 6,390 | 6,448 |
| $6,000 - TENET HEALTHCARE CORP DTD 06/14/17 4.625 07/15/2024 | 6,111 | 6,150 |
| $6,000 - TENET HEALTHCARE CORP DTD 06/14/17 5.125 05/01/2025 | 6,113 | 6,117 |
| $5,000 - TOLL BROS FINANCE CORP DTD 03/10/17 4.875 03/15/2027 | 5,650 | 5,713 |
| $6,000 - TRANSDIGM INC DTD 05/15/20 5.500 11/15/2027 | 6,266 | 6,308 |
| $6,000 - TRANSDIGM INC DTD 09/15/19 7.500 03/15/2027 | 6,210 | 6,405 |
| $6,000 - TRI POINTE HOLDINGS INC DTD 06/15/15 5.875 06/15/2024 | 6,630 | 6,549 |
| $6,000 - UNITED RENTALS NORTH AM DTD 05/13/16 5.875 09/15/2026 | 6,413 | 6,352 |
| $6,000 - UNITED RENTALS NORTH AM DTD 11/04/19 3.875 11/15/2027 | 6,299 | 6,285 |
| $5,000 - VERISIGN INC DTD 03/27/15 5.250 04/01/2025 | 5,719 | 5,681 |
| $40,000 - WALT DISNEY COMPANY/THE DTD 09/06/19 2.000 09/01/2029 | 38,688 | 41,806 |
| $5,000 - WESTERN DIGITAL CORP DTD 02/13/18 4.750 02/15/2026 | 5,456 | 5,525 |
| $3,000 - WESTERN MIDSTREAM OPERAT DTD 01/13/20 5.250 02/01/2050 | 2,966 | 3,300 |
| $6,000 WPX ENERGY INC DTD 05/23/18 5.750 06/01/2026 | 6,125 | 6,308 |
| $6,000 - WYNDHAM WORLDWIDE DTD 03/07/12 4.250 03/01/2022 | 6,026 | 6,135 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 432 SHARES - GENERAL MOTORS CO GM | 50,708 | 17,988 |
| 3,619 SHARES - APPLE INC. | 127,138 | 480,205 |
| 2,008 SHARES - MICROSOFT CORP | 155,343 | 446,619 |
| 571 SHARES - CARMAX INC COM | 29,873 | 53,937 |
| 785 SHARES - COMCAST CORP CLASS A | 31,661 | 41,134 |
| 45 SHARES - DOLLAR GENERAL CORP | 3,194 | 9,464 |
| 838 SHARES - LAS VEGAS SANDS CORP COM | 44,576 | 49,945 |
| 338 SHARES - LENNAR CORPORATION CLASS A COMMON | 16,450 | 25,766 |
| 296.80 SHARES - LIBERTY BROADBAND CORP | 21,110 | 47,004 |
| 100 SHARES - O'REILLY AUTOMOTIVE INC | 20,401 | 45,257 |
| 129 SHARES - ROSS STORES INC | 10,813 | 15,842 |
| 256 SHARES - TARGET CORP | 18,709 | 45,192 |
| 329 SHARES - WALT DISNEY CO | 36,601 | 59,608 |
| 787 SHARES - COCA COLA CO | 36,133 | 43,159 |
| 1,042 SHARES - CVS HEALTH CORPORATION | 69,808 | 71,169 |
| 732 SHARES - HAIN CELESTIAL GROUP INC | 15,594 | 29,390 |
| 234 SHARES - PHILLIP MORRIS INTERNATIONAL IN | 20,031 | 19,373 |
| 85 SHARES - BLACKROCK INC | 30,616 | 61,331 |
| 559 SHARES - BROWN & BROWN INC | 8,797 | 26,502 |
| 607 SHARES - CBRE GROUP INC | 19,143 | 38,071 |
| 1,247 SHARES - CITIGROUP INC. | 68,412 | 76,890 |
| 654 SHARES - FNF GROUP | 16,990 | 25,565 |
| 197 SHARES - HOWARD HUGHES CORP/THE | 19,681 | 15,549 |
| 51 SHARES - M & T BANK CORPORATION COM | 6,031 | 6,492 |
| 42 SHARES - MARKEL HOLDINGS | 36,961 | 43,399 |
| 63 SHARES - MOODYS CORP | 5,758 | 18,285 |
| 45 SHARES - MSCI INC | 3,587 | 20,094 |
| 143 SHARES - PROGRESSIVE CORP OHIO | 4,466 | 14,140 |
| 618 SHARES - ELI LILLY & CO COM | 75,316 | 104,343 |
| 960 SHARES - MERCK & CO INC NEW | 55,558 | 78,528 |
| 89 SHARES - THERMO FISHER SCIENTIFIC INC | 12,859 | 41,454 |
| 252 SHARES - UNITEDHEALTH GROUP INC | 40,784 | 88,371 |
| 168 SHARES - BOEING CO | 34,271 | 35,962 |
| 178 SHARES - COLFAX CORPORATION | 3,988 | 6,807 |
| 468 SHARES - COPART INC COM | 11,050 | 59,553 |
| 519 SHARES - FASTENAL CO | 12,866 | 25,343 |
| 112 SHARES - LOCKHEED MARTIN CORP | 27,855 | 39,758 |
| 83 SHARES - ROPER TECHNOLOGIES INC. | 16,636 | 35,780 |
| 202 SHARES - TRANSDIGM GROUP INC | 51,626 | 125,008 |
| 292 SHARES - UNION PACIFIC CORP | 35,335 | 60,800 |
| 309 SHARES - UNITED PARCEL SERVICE-CL B | 30,142 | 52,036 |
| 137 SHARES - VERISK ANALYTICS INC | 10,206 | 28,440 |
| 172 SHARES - ALPHABET INC CL C | 164,656 | 301,324 |
| 190 SHARES - AUTODESK INC | 13,927 | 58,015 |
| 2,418 SHARES - CISCO SYSTEMS INC | 80,036 | 108,205 |
| 89 SHARES - FACTSET RESH SYS INC COM | 14,169 | 29,593 |
| 249 SHARES - MICROCHIP TECHNOLOGY INC COM | 11,181 | 34,389 |
| 167 SHARES - VERISIGN INC COM | 15,786 | 36,139 |
| 44 SHARES - AIR PRODS & CHEMS INC COM | 5,163 | 12,022 |
| 378 SHARES - CELANESE CORP | 29,335 | 49,117 |
| 115 SHARES - ECOLAB INC | 16,233 | 24,881 |
| 87 SHARES - MARTIN MARIETTA MATLS INC COM | 13,968 | 24,705 |
| 1,459 SHARES - AT & T INC | 49,488 | 41,961 |
| 70 SHARES - LIBERTY BROADBAND CORP | 3,504 | 11,031 |
| 284 SHARES - MOTOROLA SOLUTIONS INC | 36,402 | 48,297 |
| 285 SHARES - DUKE ENERGY HOLDING CORP. COM | 22,268 | 26,095 |
| 436 SHARES - NEXTERA ENERGY, INC. | 11,529 | 33,637 |
| 304 SHARES - PUBLIC SVC ENTERPRISE GROUP INC | 12,636 | 17,723 |
| 67 SHARES - AON PLC | 5,993 | 14,155 |
| 767 SHARES - ARCH CAPITAL GROUP LTD | 19,826 | 27,666 |
| 1,156 SHARES - BASF AKTIENGESELLSCHAFT LEVEL 1 SPONSORED ADR | 21,277 | 22,750 |
| 667 SHS - BRITISH AMERICAN TOBACCO PLC - ADR SPONSORED ADR | 31,603 | 25,006 |
| 1,988 SHARES - BROOKFIELD ASSET MANAGE-CL A | 41,870 | 82,045 |
| 314 SHARES - DIAGEO PLC - ADR SPONSORED ADR | 38,265 | 49,866 |
| 206 SHARES - EATON CORP PLC | 22,833 | 24,749 |
| 491 SHARES - KONINKLIKE PHILIPS N.V. | 11,915 | 26,597 |
| 161 SHS - LVMH MOET HENNESSY UNSP ADR - ADR SPONSORED ADR | 4,880 | 20,082 |
| 3,811 SHARES - MANULIFE FINANCIAL CORP | 54,922 | 67,912 |
| 246 SHS - NESTLE S.A. REGISTERED SHARES - ADR SPONSORED ADR | 22,333 | 28,979 |
| 459 SHARES - NOVARTIS AG - ADR SPONSORED ADR | 34,223 | 43,343 |
| 1,068 SHARES - RESTAURANT BRANDS INTERNATIONAL INC. | 46,067 | 65,266 |
| 610 SHARES - ROCHE HOLDINGS LTD - ADR SPONSORED ADR | 20,169 | 26,742 |
| 304 SHARES - SANOFI-AVENTIS | 12,881 | 14,771 |
| 351 SHARES - SIEMENS AG | 18,848 | 25,198 |
| 1,330 SHARES - SUNCOR ENERGY INC NEW F | 34,860 | 22,317 |
| 876 SHARES - TORONTO DOMINION BK ONT COM NEW | 49,377 | 49,424 |
| 1,174 SHARES - UNILEVER N.V. - ADR SPONSORED ADR | 60,581 | 70,863 |
| 405 SHARES - LIBERTY SIRIUSXM GROUP | 11,817 | 17,585 |
| 284 SHARES - POOL CORPORATION COM | 36,421 | 105,791 |
| 132 SHARES - BROWN FORMAN CORP CL B | 5,166 | 10,485 |
| 237 SHARES - PRICESMART INC COMMON STOCK | 15,594 | 21,588 |
| 405 SHARES - DRIL-QUIP INC COM | 15,853 | 11,996 |
| 426 SHARES - ARTISAN PARTNERS ASSET MANAGEM | 9,252 | 21,445 |
| 317 SHARES - PRIMERICA INC | 17,419 | 42,456 |
| 217 SHARES - RLI CORP COM | 15,483 | 22,601 |
| 181 SHARES - S&P GLOBAL INC | 32,395 | 59,500 |
| 245 SHARES - DONALDSON CO INC | 9,006 | 13,691 |
| 603 SHARES - GRACO INC | 14,482 | 43,627 |
| 167 SHARES - TELEDYNE TECHNOLOGIES INC | 17,670 | 65,461 |
| 401 SHARES - TORO CO | 21,254 | 38,031 |
| 300 SHARES - ASPEN TECHNOLOGY INC COM | 14,259 | 39,075 |
| 578 SHARES - COGNIZANT TECH SOLUTIONS CRP COM | 30,352 | 47,367 |
| 110 SHARES - HENRY JACK & ASSOC INC COM | 9,163 | 17,819 |
| 218 SHARES - QUALCOMM INC | 14,418 | 33,210 |
| 97 SHARES - APTARGROUP INC COM | 7,362 | 13,278 |
| 129 SHARES - RBC BEARINGS INC | 9,788 | 23,096 |
| 581 SHARES - AUTOHOME INC | 15,579 | 57,879 |
| 1,112 SHARES - AXA - ADR | 28,478 | 26,632 |
| 685 SHARES - COCA-COLA EUROPEAN PARTNERS PLC | 26,985 | 34,134 |
| 299 SHARES - IHS MARKIT LTD | 10,895 | 26,859 |
| 296 SHARES - TE CONNECTIVITY LTD | 20,380 | 35,837 |
| 317 SHARES - HASBRO INC | 30,180 | 29,652 |
| 447 SHARES - HILTON WORLDWIDE HOLDINGS INC | 33,753 | 49,733 |
| 185 SHARES - HOME DEPOT INC | 35,955 | 49,140 |
| 434 SHARES - LIBERTY FORMULA ONE COMMON STOCK | 12,024 | 18,332 |
| 379 SHARES - NIKE INC CL B | 20,327 | 53,617 |
| 824 SHARES - JPMORGAN CHASE & CO | 59,632 | 104,705 |
| 205 SHARES - AMGEN INC | 42,795 | 47,134 |
| 147 SHARES - ANALOG DEVICES INC | 12,384 | 21,716 |
| 554 SHARES - BLACK KNIGHT INC | 21,197 | 48,946 |
| 214 SHARES - GARTNER INC | 25,586 | 34,281 |
| 314 SHARES - MANHATTAN ASSOCIATES INC COM | 15,041 | 33,027 |
| 292 SHARES - TRANSUNION | 15,541 | 28,972 |
| 311 SHARES - VULCAN MATERIALS COMPANY | 35,368 | 46,124 |
| 2,490 SHARES - RIGHTMOVE PLC | 27,369 | 44,571 |
| 67 SHARES - AMAZON COM INC COM | 112,249 | 218,214 |
| 40 SHARES - BOOKING HOLDINGS INC | 73,892 | 89,090 |
| 175 SHARES - HYATT HOTELS CORP | 12,733 | 12,994 |
| 90 SHARES - NETFLIX INC | 27,965 | 48,666 |
| 320 SHARES - TRACTOR SUPPLY CO COM | 24,757 | 44,986 |
| 121 SHARES - ULTA BEAUTY, INC | 29,612 | 34,746 |
| 120 SHARES - VAIL RESORTS INC COM | 28,665 | 33,475 |
| 176 SHARES - CONSTELLATION BRANDS INC | 34,566 | 38,553 |
| 191 SHARES - ESTEE LAUDER COMPANIES INC | 30,495 | 50,842 |
| 1,348 SHARES - MONDELEZ INTERNATIONAL INC | 56,573 | 78,818 |
| 843 SHARES - BANK OF AMERICA CORP | 22,760 | 25,551 |
| 112 SHARES - FIRST REPUBLIC BANK/SAN FRANCI | 10,444 | 16,456 |
| 429 SHARES - INTERCONTINENTAL EXCHANGE, INC | 32,818 | 49,459 |
| 524 SHARES - KENNEDY-WILSON HOLDINGS INC | 9,688 | 9,374 |
| 1,374 SHARES - KKR & CO. INC. | 36,998 | 55,633 |
| 558 SHARES - MOELIS & CO | 19,511 | 26,092 |
| 944 SHARES - MORGAN STANLEY COM | 45,649 | 64,692 |
| 95 SHARES - ALIGN TECHNOLOGY INC | 27,810 | 50,766 |
| 1,350 SHARES - BOSTON SCIENTIFIC CORP COM | 48,596 | 48,533 |
| 787 SHARES - CENTENE CORP DEL COM | 49,015 | 47,244 |
| 250 SHARES - DANAHER CORP | 24,808 | 55,535 |
| 166 SHARES - DEXCOM INC | 30,449 | 61,374 |
| 55 SHARES - IDEXX CORP | 10,971 | 27,493 |
| 335 SHARES - PRA HEALTH SCIENCES INC | 31,966 | 42,022 |
| 135 SHARES - VERTEX PHARMACEUTICALS INC COM | 23,497 | 31,906 |
| 544 SHARES - FORTUNE BRANDS HOME & SECURITY | 26,977 | 46,632 |
| 201 SHARES - HEICO CORP CL A | 16,199 | 23,529 |
| 165 SHARES - SNAP ON INC | 25,675 | 28,238 |
| 355 SHARES - XPO LOGISTICS INC | 34,069 | 42,316 |
| 474 SHARES - ACTIVISION BLIZZARD INC | 23,057 | 44,011 |
| 104 SHARES - ANSYS INC | 17,367 | 37,835 |
| 206 SHARES - ARISTA NETWORKS INC | 47,446 | 59,857 |
| 326 SHARES - BROADCOM INC | 84,650 | 142,740 |
| 321 SHARES - ELECTRONIC ARTS INC | 26,622 | 46,096 |
| 478 SHARES - FACEBOOK INC | 90,444 | 130,570 |
| 112 SHARES - LAM RESEARCH CORP COM | 17,082 | 52,894 |
| 27 SHARES - METTLER-TOLEDO INTL INC | 16,183 | 30,771 |
| 151 SHARES - NVIDIA CORP COM | 22,371 | 78,852 |
| 183 SHARES - PALO ALTO NETWORKS INC | 36,334 | 65,036 |
| 383 SHARES - SALESFORCE COM INC COM | 54,137 | 85,229 |
| 614 SHARES - VISA INC-CLASS A SHRS | 89,368 | 134,300 |
| 394 SHARES - SUMMIT MATERIALS INC | 7,180 | 7,912 |
| 532 SHARES - VERIZON COMMUNICATIONS | 28,893 | 31,255 |
| 233 SHARES - ACCENTURE PLC | 38,400 | 60,862 |
| 1,929 SHARES - FLEX LTD | 13,908 | 34,683 |
| 1,029 SHARES - NORWEGIAN CRUISE LINE HOLDINGS LTD | 41,578 | 26,167 |
| 3,921 SHARES - SUMITOMO TRUST AND BANKING COMPANY | 31,283 | 24,193 |
| 176 SHARES - WIX.COM LTD | 16,687 | 43,993 |
| 315 SHARES - REALPAGE INC | 18,527 | 27,481 |
| 63 SHARES - DOMINOS PIZZA INC COM | 15,698 | 24,158 |
| 1,361 SHARES - WILLIAMS COS INC | 30,612 | 27,288 |
| 72 SHARES - CREDIT ACCEPTANCE CORP MICHIGAN | 28,498 | 24,922 |
| 21 SHARES - ATRION CORP COM | 15,968 | 13,487 |
| 145 SHARES - HONEYWELL INTERNATIONAL INC | 25,531 | 30,842 |
| 557 SHARES - FIDELITY NATL INFORMATION SVCS INC | 58,484 | 78,794 |
| 48 SHARES - COGNEX CORP | 2,244 | 3,854 |
| 137 SHARES - CANADIAN PAC RY LTD COM | 30,603 | 47,497 |
| 414 SHARES - RPM INTERNATIONAL INC | 28,086 | 37,583 |
| 304 SHARES - LOWES COS INC | 26,798 | 48,795 |
| 1,805 SHARES - FIRST HAWAIIAN INC | 41,167 | 42,562 |
| 631 SHARES - RAYTHEON COMPANY | 47,316 | 45,123 |
| 318 SHARES - SLACK TECHNOLOGIES INC | 11,063 | 13,432 |
| 471 SHARES - DEUTSCHE POST AG | 17,899 | 23,475 |
| 107 SHARES - LULULEMON ATHLETICA INC | 19,239 | 37,239 |
| 329 SHARES - SIMPSON MFG INC COM | 21,839 | 30,745 |
| 59 SHARES - SQUARE INC | 3,664 | 12,841 |
| 521 SHARES - MEDTRONIC, PLC | 47,580 | 61,030 |
| 707 SHARES - TC ENERGY CORP | 31,955 | 28,789 |
| 847 SHARES - ACUSHNET HOLDINGS CORP | 21,254 | 34,337 |
| 56 SHARES - BRIGHT HORIZONS FAMILY SOLUTIO | 7,724 | 9,687 |
| 23 SHARES - CHIPOTLE MEXICAN GRILL INC CL A | 16,688 | 31,894 |
| 1,205 SHARES - INTERPUBLIC GROUP COS INC | 22,796 | 28,342 |
| 260 SHARES - PROCTOR & GAMBLE CO | 30,781 | 36,176 |
| 660 SHARES - SYSCO CORP | 31,154 | 49,012 |
| 572 SHARES - BLACKSTONE GROUP INC/THE | 29,979 | 37,071 |
| 96 SHARES - CANNAE HOLDINGS INC | 3,435 | 4,250 |
| 149 SHARES - FLEETCOR TECHNOLOGIES INC | 36,715 | 40,652 |
| 136 SHARES - GOLDMAN SACHS GROUP INC | 30,833 | 35,865 |
| 237 SHARES - ABBVIE INC | 25,395 | 25,395 |
| 279 SHARES - JOHNSON & JOHNSON | 42,711 | 43,909 |
| 165 SHARES - TELADOC HEALTH INC | 36,868 | 32,993 |
| 437 SHARES - EMCOR GROUP INC COM | 30,522 | 39,968 |
| 377 SHARES - LIVE NATION ENTERTAINMENT INC | 18,851 | 27,702 |
| 374 SHARES - WASTE MANAGEMENT INC | 42,734 | 44,106 |
| 266 SHARES - WATTS WATER TECHNOLOGIES INC | 25,861 | 32,372 |
| 46 SHARES - AGILENT TECHNOLOGIES INC | 5,314 | 5,451 |
| 46 SHARES - COSTAR GROUP, INC | 31,482 | 42,517 |
| 230 SHARES - GUIDEWIRE SOFTWARE INC | 23,433 | 29,608 |
| 879 SHARES - TRIMBLE INC | 40,112 | 58,691 |
| 41 SHARES - TYLER TECHNOLOGIES INC | 14,344 | 17,897 |
| 374 SHARES - ZENDESK INC | 33,960 | 53,527 |
| 199 SHARES - INTERNATIONAL FLAVORS & FRAGRANCES | 22,914 | 21,659 |
| 366 SHARES - BROOKFIELD INFRASTRUCTURE-A | 15,155 | 26,462 |
| 46 SHARES - BROOKFIELD RENEWABLE CORP | 1,716 | 2,680 |
| 1,785 SHARES - DEUTSCHE BOERSE AG | 27,364 | 30,167 |
| 348 SHARES - GARMIN LTD | 32,166 | 41,642 |
| 357 SHARES - GLAXOSMITHKLINE PLC - ADR | 13,537 | 13,138 |
| 197 SHARES - ORIX CORPORATION - ADR SPONSORED ADR | 14,384 | 15,234 |
| 350 SHARES - SMITH & NEPHEW PLC - ADR SPONSORED ADR | 13,123 | 14,760 |
| 1,345 SHARES - TAKEDA PHARMACEUTICAL COMPANY LIMITED | 24,709 | 24,479 |
| 224 SHARES - TOKYO ELECTRON LIMITED | 14,434 | 20,964 |
| 490 SHARES - TOTAL SE | 23,481 | 20,536 |
| 940 SHARES - TOTAL SE | 45,414 | 39,395 |
| 96 SHARES - SERVICENOW INC | 31,560 | 52,841 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 182 SHARES - SBA COMMUNICATIONS CORP | AT COST | 19,871 | 51,348 |
| 74,821.161 SHARES - PARTNERS GROUP PRIVATE EQUITY (MASTER FUND) LLC, CLASS I | AT COST | 349,152 | 484,460 |
| 161 SHARES - AMERICAN TOWER CORP | AT COST | 16,523 | 36,138 |
| 92 SHARES - AVALONBAY CMNTYS INC COM | AT COST | 17,289 | 14,760 |
| 48 SHARES - CORESITE REALTY CORP | AT COST | 2,577 | 6,013 |
| 142 SHARES - CROWN CASTLE INTERNATIONAL CORP. | AT COST | 12,406 | 22,605 |
| 66 SHARES - EQUINIX, INC. | AT COST | 22,827 | 47,136 |
| 85 SHARES - EXTRA SPACE STORAGE INC COM | AT COST | 6,359 | 9,484 |
| 236 SHARES - FIRST INDL RLTY TR INC COM | AT COST | 5,524 | 9,943 |
| 213 SHARES - HCP INC | AT COST | 4,893 | 6,439 |
| 433 SHARES - HOST HOTELS & RESORTS, INC. | AT COST | 5,908 | 6,335 |
| 332 SHARES - MEDICAL PPTYS TR INC COM | AT COST | 3,592 | 7,234 |
| 114 SHARES - MID AMERICA APARTMENT COM | AT COST | 10,799 | 14,443 |
| 158 SHARES - NATIONAL RETAIL PPTYS INC COM | AT COST | 5,927 | 6,465 |
| 239 SHARES - PROLOGIS, INC. | AT COST | 9,696 | 23,819 |
| 78 SHARES - PUBLIC STORAGE INC COM | AT COST | 15,808 | 18,013 |
| 100.94240 - MOTORS LIQUIDATION CO GUC TR-UNIT BEN INT MTLQU | AT COST | 7,350 | 179 |
| 67 SHARES - KILROY REALTY CORP COM | AT COST | 4,783 | 3,846 |
| 38 SHARES - ALEXANDRIA REAL ESTATE EQUITIES INC COM | AT COST | 4,522 | 6,772 |
| 169 SHARES - CORPORATE OFFICE PROPERTIES COM | AT COST | 4,753 | 4,408 |
| 47 SHARES - DIGITAL RLTY TR INC COM | AT COST | 6,013 | 6,557 |
| 176 SHARES - PHYSICIANS REALTY TRUST | AT COST | 3,278 | 3,133 |
| 54,578.271 SHARES - T ROWE PRICE INSTITUTIONAL FLOAT RATE FUND #170 | AT COST | 544,500 | 528,863 |
| 172,809.489 SHARES - TCW EMRG MKTS INCM-I 4721 | AT COST | 1,370,681 | 1,470,609 |
| 11,082 SHARES - ISHARES CORE MSCI EMERGING MARKETS ETF | AT COST | 528,722 | 687,527 |
| 3,491.481 SHARES - CORBIN MULTI STRATEGY FUND LLC | AT COST | 350,000 | 325,918 |
| 5,683.196 SHARES - ABBEY CAPITAL MULTI-MANAGER FUND LIMITED | AT COST | 633,027 | 631,146 |
| 32,377.428 SHARES - ACAP STRATEGIC FUND CLASS W #6 | AT COST | 350,000 | 647,872 |
| 524 SHARES - AMERICAN HOMES 4 RENT | AT COST | 11,853 | 15,720 |
| 368 SHARES - BRIXMOR PROPERTY GROUP INC | AT COST | 6,380 | 6,090 |
| 106 SHARES - COUSINS PROPERTIES, INC. | AT COST | 3,600 | 3,551 |
| 216 SHARES - EQUITY LIFESTYLE PPTYS INC COM | AT COST | 11,141 | 13,686 |
| 294 SHARES - STORE CAPITAL CORPORATION | AT COST | 8,861 | 9,990 |
| 72,427.984 SHARES - CREDIT SUISSE COMMODITY RETURN STRATEGY FUND CL-I #2156 | AT COST | 352,000 | 331,720 |
| 9,619 SHARES - ISHARES INTERNATIONAL DEVELOPMENT | AT COST | 264,194 | 261,348 |
| 57,563.617 SHARES - BLACKSTONE REAL ESTATE INCOME TRUST INC. | AT COST | 644,044 | 658,666 |
| 393 SHARES - ALEXANDER & BALDWIN INC | AT COST | 9,175 | 6,752 |
| 50,241.884 SHARES - NUVEEN GLOBAL CITIES REAL ESTATE INCOME TRUST INC | AT COST | 531,600 | 530,052 |
| 243 SHARES - BROOKFIELD PROPERTY REIT INC. | AT COST | 4,897 | 3,630 |
| 101 SHARES - VORNADO REALTY TRUST | AT COST | 5,679 | 3,771 |
| 149 SHARES - WELLTOWER INC | AT COST | 12,180 | 9,628 |
| 1,240 SHARES - ISHARES MBS ETF | AT COST | 133,560 | 136,561 |
| 27,322.404 SHARES - PIMCO INTERNATIONAL BOND FUND U.S. DOLLAR-HEDGED CLASS | AT COST | 300,000 | 303,005 |
| 339 SHARES - FTI CONSULTING INC COM | AT COST | 34,570 | 37,873 |
| 307 SHARES - DUKE REALTY CORPORATION | AT COST | 10,901 | 12,271 |
| 71 SHARES - LAMAR ADVERTISING COMPANY | AT COST | 4,723 | 5,909 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 7 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 1,757 | 1,757 | 0 | |
| SENIOR STUDENT SCHOLARSHIP PROGRAM (HALL,HANDLING,SHIPPING & DELIVERY,OTH) | 74 | 0 | 74 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ABBEY CAPITAL MULTI-MANAGER | 223 | 223 | 223 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 111,291 | 111,291 | 0 | |
| BANK FEES & BROKER CHARGES | 691 | 691 | 0 | |
| ABBEY CAPITAL MULTI-MANGER | 13,995 | 13,995 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES ON DIVIDENDS RECEIVED | 5,686 | 5,686 | 0 | |
| EXCISE | 26,391 | 26,391 | 0 |