| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| KMA SC | 6,287 | 6,287 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TALEN ENERGY 7.0 101527 | 18,020 | 9,200 |
| TENNECO PCKG 7.95 121525 | 18,245 | 22,050 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 2U INC | 38,771 | 21,696 |
| ADOBE INC | 15,346 | 110,576 |
| AIR TRANSPORT SERVICES GROUP INC | 13,988 | 24,297 |
| ALARM COM HOLDINGS INC | 33,084 | 75,481 |
| ALLSTATE CORP | 16,945 | 29,530 |
| ALPHABET INC CL A | 39,694 | 254,939 |
| ALPHABET INC CL C | 10,397 | 28,935 |
| AMAZON.COM INC | 114,286 | 193,392 |
| AMEDISYS INC | 74,339 | 76,569 |
| AMN HEALTHCARE SERVICES INC | 14,171 | 39,390 |
| APPLE INC | 2,391 | 14,916 |
| ARCONIC INC | 14,524 | 27,101 |
| AUTOMATIC DATA PROCESSING INC | 30,868 | 56,713 |
| BECTON DICKINSON & CO | 19,638 | 27,914 |
| BLACKLINE INC | 29,553 | 76,723 |
| BOSTON SCIENTIFIC CORP | 43,003 | 47,790 |
| CHEMED CORP NEW | 2,659 | 41,265 |
| CHEVRON CORP | 25,497 | 30,746 |
| CITIGROUP INC NEW | 30,596 | 28,504 |
| CNA FINANCIAL CORP | 12,029 | 15,428 |
| COMERICA INC | 11,419 | 20,358 |
| DESCARTES SYSTEMS GROUP INC | 22,500 | 47,376 |
| DISCOVER FINANCIAL SERVICES | 18,335 | 37,441 |
| ELECTRONIC ARTS INC | 17,877 | 25,721 |
| EXPONENT INC | 13,197 | 51,828 |
| EXXON MOBIL CORP | 27,570 | 23,130 |
| FIVE BELOW INC | 15,082 | 84,411 |
| FLOOR & DECOR HOLDINGS INC CL A | 10,416 | 38,743 |
| FRESHPET INC | 15,428 | 39,347 |
| GENTEX CORP | 6,687 | 33,317 |
| GLOBAL PAYMENTS INC | 49,884 | 41,906 |
| GLOBANT S A | 15,261 | 112,130 |
| GRAND CANYON EDUCATION INC | 39,440 | 67,368 |
| HCA HEALTHCARE INC | 10,855 | 38,024 |
| HEALTHCARE SVCS GROUP | 37,863 | 26,169 |
| HESKA CORP NEW | 18,514 | 42,703 |
| INTUIT INC | 25,353 | 97,126 |
| JPMORGAN CHASE & CO | 13,426 | 37,054 |
| L3HARRIS TECHNOLOGIES INC | 11,722 | 23,883 |
| LAM RESEARCH CORP | 4,571 | 33,081 |
| MASCO CORP | 11,040 | 25,841 |
| MEDTRONIC PLC | 22,328 | 25,345 |
| MGM GROWTH PROPERTIES LLC CL A | 16,463 | 22,468 |
| MICRON TECHNOLOGY INC | 11,026 | 30,367 |
| MICROSOFT CORP | 55,418 | 268,383 |
| MONDELEZ INTERNATIONAL INC CL A | 20,215 | 31,298 |
| MONSTER BEVERAGE CORP NEW | 42,943 | 60,889 |
| MORGAN STANLEY | 13,678 | 41,620 |
| NATIONAL INSTRUMENTS CORP | 13,096 | 35,198 |
| NATIONAL VISION HOLDINGS INC | 22,088 | 38,440 |
| NEOGEN CORP | 7,910 | 38,962 |
| NEUROCRINE BIOSCNCS INC | 38,124 | 35,090 |
| ORTHOPEDIATRICS CORP | 13,604 | 24,662 |
| PAYLOCITY HOLDING CORP | 10,622 | 77,697 |
| PAYPAL HOLDINGS INC | 33,608 | 111,262 |
| PEGASYSTEMS INC | 14,222 | 68,434 |
| PEPSICO INC | 16,044 | 26,230 |
| PHILLIPS 66 | 22,648 | 21,448 |
| PNC FINANCIAL SERVICES GROUP INC | 10,132 | 22,258 |
| POWER INTEGRATIONS INC | 4,584 | 48,024 |
| PRA GROUP INC | 9,842 | 34,996 |
| PROS HOLDINGS INC | 15,244 | 21,487 |
| PROTO LABS INC | 7,522 | 8,524 |
| RAYMOND JAMES FINANCIAL INC | 12,457 | 31,626 |
| RELIANCE STEEL & ALUMINUM COMPANY | 12,295 | 28,389 |
| RITCHIE BROTHERS AUCTIONEERS INC | 35,080 | 80,185 |
| SEAWORLD ENTERTAINMENT INC | 8,917 | 20,820 |
| SOUTHWEST AIRLINES CO | 21,038 | 26,218 |
| SPS COMMERCE INC DELAWARE | 5,922 | 96,371 |
| U S PHYSICAL THERAPY INC | 21,338 | 28,569 |
| VISA INC CL A | 21,002 | 100,120 |
| WASTE MANAGEMENT INC DEL | 10,857 | 28,874 |
| WESTERN DIGITAL CORP | 29,062 | 30,257 |
| WORKIVA INC CL A | 15,015 | 87,037 |
| ZIMMER BIOMET HOLDINGS INC | 31,589 | 30,871 |
| ZOETIS INC CL A | 7,650 | 44,657 |
| AUTOZONE INC | 20,925 | 37,735 |
| BALLYS CORP | 19,285 | 22,417 |
| BRISTOL MYERS SQUIBB COMPANY | 19,049 | 19,516 |
| CHUBB LTD | 19,099 | 31,510 |
| DOW INC | 10,171 | 20,249 |
| HOWMET AEROSPACE INC | 12,794 | 26,801 |
| RAYTHEON TECHNOLOGIES CORP | 14,814 | 21,601 |
| SIX FLAGS ENTERTAINMENT CORP NEW | 16,658 | 27,805 |
| SONOS INC | 10,766 | 17,910 |
| TRUIST FINANCIAL CORP | 11,517 | 14,696 |
| UNITED PARCEL SERVICE INC CL B | 11,416 | 24,863 |
| CMC MATERIALS INC | 4,299 | 28,178 |
| ENSIGN GROUP INC | 34,152 | 64,565 |
| GOOSEHEAD INSURANCE INC CL A | 21,225 | 39,674 |
| HEALTH CATALYST INC | 27,515 | 33,954 |
| KADANT INC | 14,998 | 41,256 |
| KORNIT DIGITAL LTD | 26,292 | 91,350 |
| OLLIES BARGAIN OUTLET HOLDINGS INC | 24,080 | 22,216 |
| PENNANT GROUP INC | 41,476 | 23,449 |
| PHREESIA INC | 31,666 | 28,912 |
| TERMINIX GLOBAL HOLDINGS INC | 24,822 | 32,882 |
| WILLSCOT MOBILE MINI HOLDINGS CORP CL A | 9,457 | 59,463 |
| AON PLC CL A | 26,133 | 42,078 |
| MASTERCARD INC CL A | 35,391 | 37,010 |
| UNITEDHEALTH GROUP INC | 34,575 | 59,253 |
| ALLETE INC NEW | 9,517 | 10,019 |
| CERENCE INC | 44,611 | 26,058 |
| CERTARA INC | 39,203 | 34,161 |
| CONOCOPHILLIPS | 20,689 | 30,460 |
| CORPORATE OFFICE * PROPERTIES TRUST | 28,446 | 29,341 |
| DT MIDSTREAM INC | 19,643 | 22,503 |
| DTE ENERGY CO | 21,634 | 25,342 |
| EBAY INC | 29,062 | 31,056 |
| FISERV INC | 24,128 | 22,626 |
| FISERV INC | 41,370 | 39,233 |
| FIVERR INTL LTD ORD SHS | 57,849 | 33,769 |
| FLEETCOR TECHNOLOGIES INC | 52,569 | 44,992 |
| GLAUKOS CORP | 34,794 | 19,554 |
| GRID DYNAMICS HOLDINGS INC CL A | 23,919 | 57,069 |
| HASBRO INC | 16,352 | 17,913 |
| KEURIG DR PEPPER INC | 34,871 | 37,302 |
| LINDE PLC | 48,586 | 53,350 |
| MDU RESOURCES GROUP INC | 21,580 | 21,958 |
| MEDPACE HOLDINGS INC | 37,768 | 50,275 |
| META PLATFORMS INC CL A | 58,096 | 186,002 |
| MODEL N INC | 41,967 | 31,742 |
| NETFLIX INC | 96,184 | 111,451 |
| NVIDIA CORP | 39,942 | 90,586 |
| ORGANON & CO | 19,660 | 20,127 |
| PORCH GROUP INC | 25,495 | 28,888 |
| PRIVIA HEALTH GROUP INC | 44,143 | 37,408 |
| PROGYNY INC | 40,209 | 32,576 |
| SCHWAB CHARLES CORP NEW | 117,607 | 131,953 |
| SQUARESPACE INC CL A | 44,815 | 27,907 |
| THREDUP INC CL A | 38,194 | 22,496 |
| UNITED PARCEL SERVICE INC CL B | 47,304 | 49,513 |
| VIMEO INC | 40,542 | 15,931 |
| VISHAY INTERTECHNOLOGY INC | 22,286 | 21,017 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| COLUMBIA FLEXIBLE CAP INCOME CL C | AT COST | 338,807 | 413,746 |
| FRANKLIN CONSERVATIVE ALLOC CL A | AT COST | 144,528 | 146,827 |
| JPMORGAN INCOME BUILDER CL C | AT COST | 203,436 | 212,262 |
| NUVEEN PFD & INCOME OPP FUND | AT COST | 41,533 | 48,800 |
| COLUMBIA ACORN INTL CL A | AT COST | 8,491 | 9,464 |
| INVESCO OPPENHEIMER INTL DIV CL A | AT COST | 230,523 | 412,613 |
| JANUS HENDERSON GL INC MGD VOL CL A | AT COST | 530,757 | 626,393 |
| MFS INTL DIVERSIFICATION CL C | AT COST | 152,820 | 182,329 |
| TEMPLETON GLOBAL SMALLER CO CL A | AT COST | 12,097 | 29,283 |
| VICTORY SOPHUS EMERGING MKTS CL C | AT COST | 45,810 | 49,670 |
| FRANKLIN TOTAL RETURN CL A | AT COST | 171,986 | 179,730 |
| PIMCO INCOME CL A | AT COST | 114,005 | 111,164 |
| PUTNAM DIVERSIFIED INCOME CL A | AT COST | 424,119 | 372,419 |
| PUTNAM INCOME CL A | AT COST | 266,121 | 258,780 |
| DODGE & COX INCOME | AT COST | 114,374 | 113,216 |
| ISHARES 1-5 YEAR INVESTMENT GRADE CORP BOND ETF | AT COST | 109,210 | 107,760 |
| ISHARES CORE U S AGGREGATE BOND ETF | AT COST | 113,520 | 114,080 |
| METROPOLITAN WEST TOTAL RETURN BOND CL I | AT COST | 112,883 | 113,668 |
| SPDR PORTFOLIO SHORT TERM CORP BOND ETF | AT COST | 93,820 | 92,910 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| QUARLES & BRADY LLP | 42,846 | 4,285 | 38,561 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WEB HOSTING | 420 | 0 | 0 |
| Description | Amount |
|---|---|
| COST BASIS ADJUSTMENTS | 892 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ROBERT W BAIRD INVESTMENT MANAGEMENT | 69,051 | 69,051 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 191 | 191 | 0 | |
| EXCISE TAX | 6,800 | 0 | 0 |