| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 26,250 | 7,159 | 8,751 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AIRBNB INC CL A | 321,565 | 321,565 |
| AMERICAN AIRLINES GROUP INC | 12,885 | 12,885 |
| ARDELYX INC | 140 | 140 |
| CITIGROUP INC | 18,092 | 18,092 |
| DELTA AIR LINES INC | 2,464 | 2,464 |
| DODGE AND COX INTERNATIONAL | 277,994 | 277,994 |
| ENPHASE ENERGY INC | 52,992 | 52,992 |
| FUBOTV INC | 922 | 922 |
| HARRIS AND ASSOCIATES | 8,003,761 | 8,003,761 |
| ILLINOIS TOOL WORKS INC | 2,092,850 | 2,092,850 |
| INSPIRE MEDICAL SYSTEMS | 7,808 | 7,808 |
| INTEL CORP | 79,290 | 79,290 |
| LNARI MED INC | 26,377 | 26,377 |
| MICROSOFT CORP | 479,640 | 479,640 |
| PALANTIR TECHNOLOGIES | 57,202 | 57,202 |
| PRIMECAP ODYSSEY GROWTH FUND | 1,262,706 | 1,262,706 |
| TCW WORLDWIDE OPPORTUNITIES FUND | 1,894,303 | 1,894,303 |
| UBER TECHNOLOGIES INC | 229,989 | 229,989 |
| UNITED AIRLINES HOLDINGS INC | 18,134 | 18,134 |
| WELLS FARGO & CO | 1,238,700 | 1,238,700 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ABRY ADVANCED SECURITIES FUND III LP | FMV | 359,087 | 359,087 |
| ABRY ADVANCED SECURITIES IV LP | FMV | 434,667 | 434,667 |
| ABRY PARTNERS IX LP | FMV | 842,269 | 842,269 |
| ABRY PARTNERS VIII LP | FMV | 100,252 | 100,252 |
| CARMEL PARTNERS INVESTMENT FUND III LP | FMV | 72,804 | 72,804 |
| CARMEL PARTNERS INVESTMENT FUND IV LP | FMV | 27,583 | 27,583 |
| CARMEL PARTNERS INVESTMENT FUND V LP | FMV | 508,359 | 508,359 |
| CARMEL PARTNERS INVESTMENT FUND VI LP | FMV | 523,685 | 523,685 |
| CARMEL PARTNERS INVESTMENT FUND VII LP | FMV | 354,549 | 354,549 |
| CARMEL PARTNERS INVESTMENT FUND VIII LP | FMV | 208,788 | 208,788 |
| CERBERUS INSTITUTIONAL REAL ESTATE II LP | FMV | 30,975 | 30,975 |
| CERBERUS INSTITUTIONAL REAL ESTATE III LP | FMV | 185,572 | 185,572 |
| CERBERUS INSTITUTIONAL REAL ESTATE IV LP | FMV | 453,305 | 453,305 |
| CERBERUS INSTITUTIONAL REAL ESTATE V LP | FMV | 820,885 | 820,885 |
| CERBERUS INSTITUTIONAL REAL ESTATE VI LP | FMV | 40,223 | 40,223 |
| CERBERUS LEVERED LOAN OPPORTUNITES (OFFSHORE) III LP | FMV | 197,622 | 197,622 |
| CERBERUS LEVERED LOAN OPPORTUNITES (OFFSHORE) IV LP | FMV | 501,978 | 501,978 |
| DARWIN VENTURE CAPITAL FUND OF FUNDS II LP | FMV | 2,583,242 | 2,583,242 |
| DARWIN VENTURE CAPITAL FUND OF FUNDS LP | FMV | 401,612 | 401,612 |
| DARWIN VENTURE CAPITAL FUND OF FUNDS V LP | FMV | 1,158,962 | 1,158,962 |
| ENCAP ENERGY CAPITAL FUND VIII-B LP | FMV | 420,138 | 420,138 |
| ENCAP ENERGY CAPITAL FUND IX-C LP | FMV | 435,955 | 435,955 |
| ENCAP ENERGY CAPITAL FUND X-C LP | FMV | 845,219 | 845,219 |
| ENCAP ENERGY CAPITAL FUND XI-C LP | FMV | 994,423 | 994,423 |
| ENCAP FLATROCK MIDSTREAM FUND II-C LP | FMV | 115,693 | 115,693 |
| ENCAP FLATROCK MIDSTREAM FUND III-C LP | FMV | 763,310 | 763,310 |
| ENCAP FLATROCK MIDSTREAM FUND IV-C LP | FMV | 666,747 | 666,747 |
| ENDEAVOUR CAPITAL FUND VIII LP | FMV | 443,965 | 443,965 |
| GRIDIRON ENERGY FEEDER I LP | FMV | 551,220 | 551,220 |
| INTECH US LARGE CAP GROWTH FUND LLC | FMV | 5,902,675 | 5,902,675 |
| INVENTUS CAPITAL PARTNERS FUND II LTD | FMV | 369,178 | 369,178 |
| LS POWER EQUITY PARTNERS II PIE LP | FMV | 1,848 | 1,848 |
| LS POWER EQUITY PARTNERS III LP | FMV | 894,040 | 894,040 |
| LS POWER EQUITY PARTNERS IV LP | FMV | 1,156,876 | 1,156,876 |
| NEW VERNON INDIA (CAYMAN) FUND II | FMV | 798,672 | 798,672 |
| PINNACLE EQUITY FUND | FMV | 1,423,423 | 1,423,423 |
| PINNACLE INTERNATIONAL | FMV | 1,467,571 | 1,467,571 |
| PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND II LP | FMV | 3,208 | 3,208 |
| PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND III LP | FMV | 11,872 | 11,872 |
| PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND IV LP | FMV | 52,498 | 52,498 |
| PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND V LP | FMV | 341,459 | 341,459 |
| SHORENSTEIN SRI IX REIT | FMV | 5,247 | 5,247 |
| SHORENSTEIN SRI VIII REIT | FMV | 432,921 | 432,921 |
| SOLSTICE ABS CDO III | FMV | 1 | 1 |
| SPC LLC | FMV | 1 | 1 |
| SWANSON RIVER | FMV | 125,000 | 125,000 |
| TEPPCO CRUDE OIL LLC | FMV | 15,000 | 15,000 |
| TRAINER WORTHAM CBO IV | FMV | 76,080 | 76,080 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ART | 14,610 | 14,610 | 14,610 |
| SECURITY DEPOSIT | 1,947 | 1,947 | 1,947 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | 8,043,653 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 1,232 | 0 | 1,232 | |
| INSURANCE | 1,908 | 0 | 1,908 | |
| BANK FEES | 55,165 | 55,165 | 0 | |
| DUES AND SUBSCRIPTIONS | 2,041 | 0 | 2,009 | |
| OTHER | 6,868 | 0 | 6,868 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ALTERNATIVE INVESTMENTS | 569,824 | 196,035 | 569,824 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PASSTHROUGH INVESTMENT EXPENSES | 0 | 243,226 | 0 | |
| INVESTMENT MANAGEMENT | 300,171 | 300,171 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 130,000 | 0 | 0 | |
| FOREIGN TAX | 0 | 6,963 | 0 | |
| STATE TAX | 250 | 0 | 0 |