| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC | 3,152 | 2,808 |
| ANHEUSER BUSCH INBEV | 3,090 | 2,942 |
| BANK OF AMER CORP | 4,018 | 3,861 |
| FISERV INC NTS | 3,956 | 3,852 |
| GOLDMAN SACHS GROUP INC | 4,889 | 4,611 |
| JP MORGAN | 6,288 | 5,197 |
| MORGAN STANLEY NTS | 8,118 | 7,838 |
| VERIZON COMMUNICATIONS | 5,196 | 4,338 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ADYEN N V ADR | 4,843 | 3,916 |
| AIA GROUP LTD | 8,879 | 7,974 |
| AIR ADR | 1,800 | 3,544 |
| AIR PROD & CHEMICAL INC | 6,110 | 7,119 |
| ALBEMARLE CORP | 8,031 | 5,635 |
| ALCON INC CHF | 3,790 | 4,687 |
| ALFA LAVAL | 2,570 | 4,598 |
| ALIBABA GROUP ADR | 15,662 | 4,573 |
| ALLIANZ SE | 10,568 | 12,571 |
| ALPHABET INC CL C | 6,868 | 17,193 |
| ALTRIA GROUP INC | 8,309 | 7,342 |
| AMBEV SA SPON ADR | 3,388 | 2,932 |
| AMPHENOL CORPORATION | 1,794 | 5,056 |
| APPLE INC | 4,629 | 20,408 |
| ARCH CAPITAL GROUP | 4,575 | 10,398 |
| ARISTA NETWORKS INC | 1,421 | 6,359 |
| ARMSTRONG WORLD | 1,650 | 2,360 |
| ASSA ABLOY AB ADR | 2,844 | 3,624 |
| ATLAS COPCO | 2,064 | 5,851 |
| BANCO BILBAO | 4,477 | 6,313 |
| BERKLEY W R | 1,120 | 3,607 |
| BERKSHIRE HATHAWAY | 8,856 | 17,833 |
| BHP GROUP | 9,154 | 8,129 |
| BIONTECH SE ADR | 3,563 | 4,011 |
| BLACKROCK INC | 9,413 | 13,801 |
| BROOKFIELD CORP CL A CAD | 1,445 | 2,929 |
| BROOKFIELD ASSET MGMT INC | 2,718 | 3,133 |
| BROWN & BROWN INC | 1,822 | 6,329 |
| BROWN FORMAN | 2,350 | 2,570 |
| CAPITEC BK HLDGS LTD ADR | 1,271 | 1,768 |
| CARLISLE COS INC | 3,923 | 7,811 |
| CARMAX INC | 8,932 | 10,360 |
| CDN NATL | 2,262 | 3,518 |
| CDW CORP | 1,439 | 5,456 |
| CHEVRON CORP | 8,999 | 7,905 |
| CHINA MERCHANTS BK CO | 4,009 | 1,806 |
| CHUGAI PHARMACEUTICAL LTD ADR | 6,690 | 10,330 |
| CHURCH & DWIGHT CO INC | 7,344 | 7,943 |
| CISCO SYSTEM INC | 4,156 | 6,012 |
| COPART INC | 1,014 | 6,566 |
| COSAN LTD | 2,277 | 3,007 |
| CREDICORP LTD | 3,829 | 4,198 |
| DAIFUKU CO LTD | 2,249 | 2,333 |
| DASSAULT | 6,022 | 8,922 |
| DBS GROUP | 7,365 | 11,139 |
| DOLLAR TREE INC | 5,486 | 7,671 |
| ENN ENERGY HOLDINGS LTD | 4,439 | 1,942 |
| EPAM SYSTEMS | 1,762 | 1,189 |
| EPIROC AKTIEBOLAG ADR | 2,307 | 4,816 |
| EXPEDITORS INTL | 1,120 | 2,798 |
| FEDEX CORP | 6,841 | 9,107 |
| FISERV INC | 7,890 | 9,697 |
| FLOOR & DCOR HLDGS | 3,338 | 5,020 |
| FOMENTO ECONOMICO MEXICANO | 5,655 | 9,776 |
| GARTNER INC | 3,408 | 10,376 |
| GENMAB A/S SPON ADR | 4,503 | 3,757 |
| GLACIER BANCORP | 2,751 | 3,099 |
| GLOBANT S A | 2,662 | 3,332 |
| GRUPO FINANCIERO BANORTE | 2,317 | 3,163 |
| HAIER SMART HOME CO | 9,744 | 7,983 |
| HALEON PLC | 6,315 | 6,312 |
| HDFC | 9,638 | 11,006 |
| HOME DEPOT INC | 5,566 | 10,397 |
| ICICI BANK LTD SPON ADR | 4,640 | 8,034 |
| INFINEON TECH | 6,419 | 13,015 |
| JD COM INC | 3,702 | 1,387 |
| JOHNSON & JOHNSON | 6,438 | 6,583 |
| KOMATSU LTD SPON ADR | 2,819 | 3,608 |
| LABORATORY CORP | 2,857 | 5,228 |
| LIBERTY MEDIA CORP | 3,550 | 3,598 |
| LIBERTY BROADBAND CORP | 4,927 | 4,594 |
| LINDE PLC | 1,561 | 4,107 |
| LOREAL CO | 6,521 | 10,140 |
| LOWES CORP | 2,601 | 5,786 |
| LUKOIL PJSC SPON ADR | 5,634 | 0 |
| MANULIFE FINANCIAL CORP | 6,155 | 7,868 |
| MARTIN MARIETTA MATERIALS INC | 5,373 | 12,972 |
| MEITUAN ADR | 7,926 | 1,954 |
| MICROCHIP TECHNOLOGY | 1,185 | 1,894 |
| MINTH GROUP LTD | 1,954 | 1,006 |
| MKS INSTRUMENTS INC | 4,379 | 4,012 |
| MOELIS & CO | 3,835 | 5,220 |
| NESTLE S A | 8,638 | 11,679 |
| NEWMARKET CORP | 7,291 | 9,825 |
| NITORI HLDGS | 3,634 | 2,899 |
| NORFOLK STHN CORP | 5,167 | 8,510 |
| NOVOZYMES | 1,835 | 2,031 |
| O' REILLY AUTOMOTIVE INC | 3,527 | 8,551 |
| OLD DOMINION FREIGHT | 4,885 | 8,512 |
| P.T TELEKOMUNIKASI | 4,194 | 4,997 |
| PACCAR INC | 3,964 | 6,738 |
| PFIZER, INC. | 5,403 | 3,685 |
| PING INSURANCE GROUP | 8,831 | 3,888 |
| PROGRESSIVE CORP OHIO | 4,138 | 10,990 |
| PT BANK NEGERA INDONE ADR | 1,182 | 1,303 |
| PT BK RAKYAT | 2,166 | 3,160 |
| REPUBLICAN SERVICES INC | 7,809 | 8,740 |
| RIO TINTO PLC SPON ADR | 4,044 | 5,882 |
| ROCHE HLDG | 4,965 | 5,435 |
| ROSS STORES | 6,095 | 9,134 |
| SAP SE SPON | 6,247 | 8,348 |
| SCHNEIDER ELEC SE | 3,301 | 6,718 |
| SCHWAB CHARLES CORP NEW | 6,033 | 10,251 |
| SHELL PLC SPON ADR | 4,306 | 6,251 |
| SHIMANO INC UNSPONSORED | 2,065 | 2,020 |
| SHIONOGI & CO | 3,882 | 3,185 |
| SHISEIDO CO LTD | 2,690 | 1,712 |
| SONOVA HLDG | 1,502 | 2,940 |
| SONY GROUP CORP | 6,857 | 7,196 |
| STARBUCKS CORP | 8,413 | 8,929 |
| SYMRISE AG | 2,347 | 3,549 |
| SYSMEX CORP | 2,433 | 2,332 |
| TAIWAN SEMICONDUCTOR | 18,541 | 25,792 |
| TAKE-TWO INTERACTIVE SOFTWARE | 1,933 | 2,253 |
| TENCENT HOLDINGS | 19,502 | 11,072 |
| TEXAS INSTR | 6,411 | 9,205 |
| THOR INDUSTRIES INC | 2,522 | 3,193 |
| UNICHARM | 3,460 | 3,692 |
| VISA INC CLS A | 5,449 | 11,716 |
| WAL MART DE MEXICO | 2,187 | 2,491 |
| WATERS CORP | 3,652 | 4,280 |
| WEG SA BRAZIL | 2,338 | 3,164 |
| WUXI BIOLOGICS CAYMAN INC | 2,916 | 1,319 |
| XINYI SOLAR | 1,751 | 628 |
| XP INC | 3,705 | 3,076 |
| YANDEX N V CL | 1,617 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKROCK BOND BRACX | AT COST | 54,741 | 48,012 |
| BLACKROCK BOND BRASX | AT COST | 6,019 | 5,927 |
| BLACKROCK BOND BRAMX | AT COST | 76,529 | 68,127 |
| CALAMOS MARKET NEUTRAL | AT COST | 129,453 | 141,805 |
| FHLMC PL G08737 | AT COST | 2,954 | 2,715 |
| FNMA PL MA4842 | AT COST | 5,563 | 5,559 |
| ISHARES RUSSELL 2000 ETF | AT COST | 37,444 | 60,213 |
| ISHARES RUSSELL 3000 ETF | AT COST | 46,672 | 150,010 |
| ISHARES TRUST CORE S&P 500 ETF | AT COST | 53,896 | 167,171 |
| MARTIN CURRIE | AT COST | 68,212 | 68,466 |
| PIMCO TOTAL RETURN FUND | AT COST | 242,031 | 204,268 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT | 799 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MGMT FEE | 15,909 | 15,909 | 0 | |
| OTHER FEES | 424 | 424 | 0 | |
| FILING FEES | 128 | 0 | 128 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHELD | 1,247 | 1,247 | 0 |