| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC (ABBV) 10,209.000 SHARES | 916,196 | 1,382,299 |
| ACCENTURE PLC (ACN) 125.000 SHARES | 26,629 | 51,820 |
| ADIDAS AG (ADDDF) 100.000 SHARES | 31,995 | 28,976 |
| ADVANCED MICRO DEVICES (AMD) 7,437.000 SHARES | 281,414 | 1,070,183 |
| ALIBABA GROUP HOLDING (BABA) 1,033.000 SHARES | 92,836 | 122,710 |
| ALPHABET INC CL A (GOOGL) 115.000 SHARES | 90,726 | 333,160 |
| ALPHABET INC CL C (GOOG) 1,137.000 SHARES | 1,033,714 | 3,290,788 |
| AMAZON COM INC (AMZN) 846.000 SHARES | 724,256 | 2,820,852 |
| AMGEN INC (AMGN) 110.000 SHARES | 25,240 | 24,747 |
| APPLE INC (AAPL) 21,412.000 SHARES | 852,469 | 3,802,129 |
| AT&T (T) 21,000.000 SHARES | 565,006 | 516,600 |
| AUTODESK INC (ADSK) 1,267.000 SHARES | 95,119 | 356,268 |
| AUTOMATIC DATA PROCESSING (ADP) 288.000 SHARES | 28,514 | 71,015 |
| AUTOZONE INC (AZO) 670.000 SHARES | 459,789 | 1,404,581 |
| BANK OF AMERICA CORP (BAC) 37,206.000 SHARES | 1,021,598 | 1,655,295 |
| BERKSHIRE HATHAWAY INC-CL B (BRK) 5,027.000 SHARES | 1,036,938 | 1,503,073 |
| BLACKSTONE GROUP INC (BX) 4,000.000 SHARES | 118,679 | 517,560 |
| BOEING CO (BA) 4,095.000 SHARES | 827,836 | 824,405 |
| BRISTOL MYERS SQUIBB CO (BMY) 19,934.000 SHARES | 1,242,924 | 1,242,885 |
| BOOKING HOLDINGS INC (BKNG) 423.000 SHARES | 772,624 | 1,014,874 |
| CAPITAL ONE FINANCIAL CORP (COF) 9,310.000 SHARES | 705,212 | 1,350,788 |
| CHARTER COMMUNICATIONS INC-A (CHTR) 1,171.000 SHARES | 725,809 | 763,457 |
| CHEVRON CORPORATION (CVX) 4,000.000 SHARES | 382,965 | 469,400 |
| CITIGROUP INC NEW (C) 4,000 SHARES | 272,920 | 241,560 |
| CISCO SYSTEMS (CSCO) 2,714.000 SHARES | 81,120 | 171,986 |
| CONOCOPHILLIPS (COP) 17,242.000 SHARES | 987,843 | 1,244,528 |
| COLGATE-PALMOLIVE CO (CL) 1,290.000 SHARES | 87,510 | 110,089 |
| CVS HEALTH CORPORATION (CVS) 5,000.000 SHARES | 311,512 | 515,800 |
| DEERE & CO (DE) 2,971.000 SHARES | 777,291 | 1,018,726 |
| DEXCOM INC (DXCM) 1,141.000 SHARES | 210,065 | 612,660 |
| DISCOVERY INC A (DISCA) 20,000 SHARES | 617,022 | 470,800 |
| DUPONT DE NEMOURS INC (DD) 4,000.000 SHARES | 241,870 | 323,120 |
| ENTERPRISE PRODUCTS PARTNERS (EPD) 25,000.000 SHARES | 479,713 | 549,000 |
| EXPEDITORS INTL WASH INC (EXPD) 1,491.000 SHARES | 78,975 | 200,226 |
| FACTSET RESEARCH SYSTEMS INC (FDS) 328.000 SHARES | 53,286 | 159,411 |
| FEDEX CORP (FDX) 3,913.000 SHARES | 883,254 | 1,012,058 |
| GAP INC (GPS) 30,733.000 SHARES | 912,339 | 542,437 |
| GLOBAL PAYMENTS INC (GPN) 4,708.000 SHARES | 750,872 | 636,427 |
| ILLUMINA INC (ILMN) 422.000 SHARES | 123,988 | 160,546 |
| INGERSOLL RAND INC COMMON STOCK (IR) 12,049.000 SHARES | 715,275 | 745,472 |
| INTEL CORP (INTC) 625.000 SHARES | 606,971 | 546,673 |
| INTUITIVE SURGICAL INC (ISRG) 2,895.000 SHARES | 242,348 | 1,040,174 |
| IONIS PHARMACEUTICALS (IONS) 20,000.000 SHARES | 386,139 | 608,600 |
| JOHNSON & JOHNSON (JNJ) 3,000.000 SHARES | 456,859 | 513,210 |
| JPMORGAN CHASE & CO (JPM) 3,245.000 SHARES | 189,839 | 513,846 |
| KINDER MORGAN INC (KMI) 85,172.000 SHARES | 1,248,001 | 1,350,828 |
| LAM RESEARCH CORP (LRCX) 1,181.000 SHARES | 758,392 | 849,316 |
| LOEWS CORP (L) 27,908.000 SHARES | 1,091,440 | 1,611,966 |
| LUMEN TECHNOLOGIES INC (LUMN) 24,000 SHARES | 260,761 | 301,200 |
| LOREAL SPONS ADR (LRLCY) 360.000 SHARES | 25,327 | 34,351 |
| LVMH MOET (LVMHF) 45.000 SHARES | 20,218 | 37,210 |
| MARTIN MARIETTA MATERIALS (MLM) 1,556.000 SHARES | 267,364 | 685,449 |
| MASTERCARD INC - A (MA) 3,442.000 SHARES | 458,970 | 1,236,779 |
| META PLATFORMS INC - CLASS A 1,523.000 SHARES | 181,816 | 512,261 |
| MERCK & CO INC NEW (MRK) 6,000.000 SHARES | 442,876 | 459,840 |
| MICROSOFT CORP (MSFT) 11,592.000 SHARES | 1,055,574 | 3,898,621 |
| MONSTER BEVERAGE CORP (MNST) 2,826.000 SHARES | 128,024 | 271,409 |
| NESTLE SPONS ADR (NSRGY) 245.000 SHARES | 27,376 | 34,391 |
| NEWMONT CORP (NEM) 8,000.000 SHARES | 469,459 | 496,160 |
| NOVARTIS AG-SPONSORED ADR (NVS) 2,530.000 SHARES | 197,283 | 221,299 |
| NOVO-NORDISK A/S SPONS ADR (NVO) 951.000 SHARES | 29,557 | 106,512 |
| NVIDIA CORP (NVDA) 2,105.000 SHARES | 77,924 | 619,102 |
| ORACLE CORP (ORCL) 4,377.000 SHARES | 175,527 | 381,718 |
| PACKAGING CORP OF AMERICA (PKG) 9,402.000 SHARES | 1,138,115 | 1,280,082 |
| PAYPAL HOLDINGS INC (PYPL) 3,043.000 SHARES | 313,373 | 573,849 |
| PFIZER INCORPORATED (PFE) 4,800.000 SHARES | 155,694 | 283,440 |
| PROCTER & GAMBLE CO/THE (PG) 8,110.000 SHARES | 1,020,418 | 1,326,634 |
| PUBLIC STORAGE (PSA) 2,192.000 SHARES | 405,668 | 821,036 |
| QUALCOMM INC (QCOM) 7,307.000 SHARES | 658,362 | 1,336,231 |
| REGENERON PHARMACEUTICALS (REGN) 1,700.000 SHARES | 816,283 | 1,073,584 |
| ROCHE HLDG AG SPON ADR (RHHBY) 4,683.000 SHARES | 176,839 | 242,064 |
| ROYAL CARRIBEAN CRUISES LTD (RCL) 7,500.000 SHARES | 413,662 | 576,750 |
| SALESFORCE.COM INC (CRM) 1,277.000 SHARES | 196,167 | 324,524 |
| SANGAMO THERAPEUTICS INC (SGMO) 37,500.000 SHARES | 466,303 | 281,250 |
| SCHLUMBERGER LTD (SLB) 15,734.000 SHARES | 538,323 | 471,233 |
| SCHWAB CORP (SCHW) 12,521.000 SHARES | 471,648 | 1,053,016 |
| SEI INVESTMENTS CO (SEIC) 1,842.000 SHARES | 89,912 | 112,251 |
| SHAKE SHACK INC CL A (SHAK) 4,000 SHARES | 307,980 | 288,640 |
| SIMON PROPERTY GROUP REIT INC (SPG) 3,400.000 SHARES | 209,604 | 543,218 |
| SOUTHWEST AIRLINES CO (LUV) 3,400 SHARES | 241,870 | 257,040 |
| STARBUCKS CORP (SBUX) 6,263.000 SHARES | 601,159 | 732,583 |
| T-MOBILE US INC (TMUS) 6,063.000 SHARES | 758,670 | 703,187 |
| TESLA INC (TSLA) 1,121.000 SHARES | 1,157,488 | 1,184,650 |
| TJX COMPANIES INC (TJX) 500.000 SHARES | 31,359 | 37,960 |
| TOYOTA MOTOR CORP (TM) 185.000 SHARES | 26,998 | 34,281 |
| TRANE TECHNOLOGIES PLC (TT) 3,749.000 SHARES | 728,234 | 757,410 |
| UNION PACIFIC CORP (UNP) 135.000 SHARES | 25,016 | 34,011 |
| UNITEDHEALTH GROUP INC (UNH) 2,929.000 SHARES | 411,236 | 1,470,768 |
| V F CORPORATION (VFC) 8,000 SHARES | 607,021 | 585,760 |
| VERIZON COMMUNICATIONS (VZ) 12,000.000 SHARES | 575,418 | 623,520 |
| VERTIX PHARMACEUTICALS INC (VRTX) 996.000 SHARES | 196,877 | 218,722 |
| VISA INC CL A (V) 2,071.000 SHARES | 168,204 | 448,806 |
| WALT DISNEY CO (DIS) 4,774.000 SHARES | 743,456 | 739,445 |
| WEYERHAEUSER CO (WY) 39,281.000 SHARES | 1,474,149 | 1,617,592 |
| WORKDAY INC (WDAY) 439.000 SHARES | 62,045 | 119,926 |
| XCEL ENERGY INC (XEL) 13,934.000 SHARES | 636,058 | 943,332 |
| YUM BRANDS INC (YUM) 872.000 SHARES | 55,286 | 121,086 |
| YUM CHINA HOLDINGS INC (YUMC) 1,184.000 SHARES | 33,027 | 59,011 |
| ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) 1,426.000 SHARES | 342,277 | 848,755 |
| ISHARES RUSSELL 2000 (IWM) 1,500 SHARES | 334,036 | 333,675 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AKRE FOCUS INSTL (AKRIX) 8,494.957 QTY | AT COST | 307,613 | 562,281 |
| ARIEL INTERNATIONAL INSTL (AINIX) 11,422.674 QTY | AT COST | 157,569 | 165,515 |
| ARES PCS II PRIVATE INVESTORS OFFSHORE, L.P. - CLASS A | AT COST | 186,302 | 194,623 |
| CLARKSTON PARTNERS INSTL (CISMX) 24,047.488 QTY | AT COST | 295,255 | 383,076 |
| CREDIT SUISSE STRATEGIC (CSOIX) 50,477.374 QTY | AT COST | 511,832 | 510,326 |
| CD&R XI PRIVATE INVESTORS CAYMAN, L.P. - CLASS A- SECOND CLOSE | AT COST | 592,737 | 671,389 |
| DODGE & COX INCOM (DODIX) 385,099.030 QTY | AT COST | 5,308,039 | 5,414,492 |
| DOUBLELINE TTL RTRN BND (DDTRX) 300,765.730 QTY | AT COST | 3,247,672 | 3,127,964 |
| EDGEWOOD GROWTH INSTL (EGFIX) 10,046.804 QTY | AT COST | 222,948 | 607,731 |
| ETON PARK OVERSEAS FUND, LTD | AT COST | 329 | 441 |
| FIDELITY 500 INDEX INST PRM (FXAIX) 95,764.623 QTY | AT COST | 8,903,980 | 15,831,807 |
| FIDELITY INTL INDX-INST PRM (FSPSX) 156,570.831 QTY | AT COST | 6,756,359 | 7,717,376 |
| GROSVENOR ALTERNATIVE INVESTMENT COMPLETION PORTFOLIO, LTD | AT COST | 17,242,057 | 21,159,248 |
| GSO PRIVATE INVESTORS OFFSHORE III SICAV-RAIF S.C.S | AT COST | 127,618 | 169,804 |
| HEALTH CARE SELECT SECTOR (XLV) 26,033.000 QTY | AT COST | 2,393,206 | 3,667,789 |
| INDUSTRIAL SELECT SECT SPDR (XLI) 16,665.000 | AT COST | 1,542,154 | 1,763,324 |
| INVESCO QQQ TRUST SERIES 1 (QQQ) 15,939.000 QTY | AT COST | 3,548,707 | 6,341,331 |
| ISHARES CORE MSCI EMERGING (IEMG) 106,260.000 QTY | AT COST | 5,861,289 | 6,360,724 |
| ISHARES MSCI CHINA ETF (MCHI) 11,444.000 QTY | AT COST | 786,586 | 718,340 |
| ISHARES MSCI INDIA ETF (INDA) 44,406.000 QTY | AT COST | 1,211,946 | 2,035,571 |
| ISHARES MSCI JAPAN ETF (EWJ) 47,934.000 QTY | AT COST | 2,687,883 | 3,209,661 |
| ISHARES RUSSELL 1000 VALUE E (IWD) 35,684.000 QTY | AT COST | 4,898,457 | 5,992,414 |
| JPM MANAGED INCOME FD (JMGIX) 376,600.69 QTY | AT COST | 3,684,117 | 3,676,007 |
| JPM MANAGED INCOME FD (JMGIX) 170.65 QTY | AT COST | 1,706 | 1,707 |
| LORD ABBETT DEVELOPING GROWTH FUND (LADYX) 13,415.557 QTY | AT COST | 504,764 | 466,861 |
| LORD ABBETT SHORT DURATI (LLDYX) 60,607.033 QTY | AT COST | 252,748 | 251,519 |
| MATTHEWS JAPAN INSTL (MIJFX) 7,141.913 QTY | AT COST | 149,484 | 158,051 |
| NB GREATER CHINA EQUITY INST (NCEIX) 114,820.797 QTY | AT COST | 1,400,000 | 1,266,473 |
| OAKMARK INTERNATIONAL -R6 (OAZIX) 131,618.113 | AT COST | 3,296,185 | 3,691,888 |
| PARNASSUS CORE EQUITY (PRILX) 57,400.968 QTY | AT COST | 2,381,566 | 3,647,832 |
| PGIM GLOBAL REAL ESTATE Q (PGRQX) 149,558.830 QTY | AT COST | 3,524,359 | 3,682,138 |
| PIMCO COMMODITY PL STRAT INS (PCLIX) 319,533.877 QTY | AT COST | 2,710,361 | 2,508,341 |
| PIMCO TOTAL RETURN FUND (PTTRX) 551,688.760 QTY | AT COST | 5,510,032 | 5,665,844 |
| ROYCE VALUE TRUST INC (RVT) 10,000.000 QTY | AT COST | 111,509 | 195,900 |
| SCHWAB US TIPS ETF (SCHP) 84,965.000 QTY | AT COST | 4,898,562 | 5,343,449 |
| SILVER LAKE PARTNERS IV (SLP IV) PRIVATE INVESTORS, LP | AT COST | 24,671 | 2,160,369 |
| SPYGLASS GROWTH INSTL (SPYGX) 19,160.977 QTY | AT COST | 219,408 | 342,598 |
| T ROWE PR JAPAN FUND-I (RJAIX) 98,935.816 QTY | AT COST | 1,414,782 | 1,682,898 |
| T ROWE PRICE NEW ASIA (PNSIX) 83,375.707 QTY | AT COST | 1,628,608 | 1,752,557 |
| VANECK OIL SERVICES ETF (OIH) 7,916.000 QTY | AT COST | 1,544,499 | 1,463,193 |
| VANGUARD 500 INDEX ADMIRAL (VFIAX) 8,405.281 QTY | AT COST | 1,479,076 | 3,696,895 |
| VANGUARD FINANCIALS ETF (VFH) 31,055.000 QTY | AT COST | 1,935,794 | 2,998,981 |
| VANGUARD FTSE EUROPE ETF (VGK) 88,007.000 QTY | AT COST | 5,480,228 | 6,005,598 |
| VANGUARD MID-CAP ETF (VO) 31,055.000 QTY | AT COST | 985,470 | 1,638,426 |
| VANGUARD SHORT-TERM TIPS (VTIP) 36,466.000 QTY | AT COST | 1,883,527 | 1,874,352 |
| VANGUARD TOT BD MKT IX ADM (VBTLX) 1,153,834.570 QTY | AT COST | 12,452,970 | 12,911,409 |
| VANGUARD TOTAL BOND MARKET ET INDEX ADM (VBTLX) 22,737.436 QTY | AT COST | 266,644 | 254,432 |
| WCM FOCUSED INTL GROWTH INSTL (WCMIX) 20,169.260 QTY | AT COST | 244,245 | 558,285 |
| OCA BREDS IV TE LLC | AT COST | 194,991 | 213,197 |
| OCA CMTG LLC | AT COST | 416,765 | 368,817 |
| ALPHAGEN EUROPEAN BEST IDEAS FUND | AT COST | 338,000 | 371,850 |
| BLACKSTONE REAL ESTATE INCOME TRUST | AT COST | 360,000 | 360,000 |
| OCA STRATEGIC ADVISORS | AT COST | 450,000 | 601,952 |
| AKO EUROPEAN LONG ONLY | AT COST | 260,000 | 330,997 |
| OCA ECHO STREET CREDIT | AT COST | 520,000 | 612,771 |
| OCA VIKING GLOBAL | AT COST | 350,000 | 339,243 |
| OCA - CASTLE HOOK PARTNERS | AT COST | 240,000 | 240,000 |
| OCA - PENDULUM OPPORTUNITES | AT COST | 28,806 | 28,561 |
| OCA - SEQUOIA GLOBAL EQUITIES | AT COST | 420,000 | 420,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | 18,100 | 0 | 18,100 | |
| INSURANCE | 8,870 | 0 | 8,870 | |
| OFFICE EXPENSE | 25,625 | 0 | 25,625 | |
| BANK CHARGES | 2,809 | 2,809 | 0 | |
| OTHER PARTNERSHIP EXPENSES | 0 | 2,698 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER PARTNERSHIP INCOME THRU K-1S | 85,892 | ||
| OTHER INCOME | 11,980 | 11,980 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 720,308 | 721,304 | 0 | |
| CONSULTING FEES | 37,348 | 0 | 37,348 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 6,339 | 8,433 | 0 |