| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT FEES | 5,670 | 5,670 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 91282CAP6 U.S. TREASURY NOTE 0 | ||
| 912828WJ5 U.S. TREASURY NOTE 2 | ||
| 912828YB0 U.S. TREASURY NOTE 1 | ||
| 912828YG9 U.S. TREASURY NOTE 1 | ||
| 037833AK6 APPLE INC. 2.4% 05/0 | ||
| 045167DX8 ASIA MTN 2.0% 02/16/ | ||
| 045167EJ8 ASIAN DEVELOPMENT BA | 272,201 | 267,019 |
| 053015AF0 AUTOMATIC DATA PROCE | 134,657 | 113,099 |
| 05348EAV1 AVALONBAY COMMUNITIE | ||
| 05348EAW9 AVALONBAY COMMUNITIE | 132,980 | 130,425 |
| 06051GHG7 BANK OF AMERICA CORP | 187,000 | 181,063 |
| 06051GGA1 BANK OF AMERICA CORP | ||
| 22160KAQ8 COSTCO WHOLESALE COR | 144,703 | 121,871 |
| 126650CL2 CVS HEALTH CORPORATI | 99,914 | 99,020 |
| 25466AAQ4 DISCOVER BANK 2.45% | ||
| 26444HAC5 DUKE ENERGY FLORIDA, | 102,938 | 101,053 |
| 29736RAH3 ESTEE LAUDER CO INC | ||
| 3133EJCE7 FEDERAL FARM CREDIT | ||
| 3130AEB25 FEDERAL HOME LOAN BA | 355,244 | 341,203 |
| 3130A2VE3 FEDERAL HOME LOAN BA | 429,803 | 416,826 |
| 369550AW8 GENERAL DYNAMICS COR | ||
| 4581X0CN6 IADB MTN 1.75% 04/14 | ||
| 45866FAD6 INTERCONTINENTAL EXC | 99,983 | 98,639 |
| 45950VLH7 INTL FINANCE CORP MT | ||
| 46647PBE5 JPMORGAN CHASE & CO. | 20,265 | 17,928 |
| 49326EEG4 KEYCORP MTN 4.1% 04/ | ||
| 500769FH2 KFW NEW ISSUE SR LIE | ||
| 539830BH1 LOCKHEED MARTIN CORP | 67,475 | 67,876 |
| 548661DM6 LOWE'S COMPANIES, IN | 133,797 | 131,209 |
| 594918BY9 MICROSOFT CORPORATIO | 149,468 | 148,122 |
| 61746BDZ6 MORGAN STANLEY MTN 3 | 151,160 | 149,449 |
| 655844CE6 NORFOLK SOUTHERN COR | 87,684 | 79,507 |
| 666807BN1 NORTHROP GRUMMAN COR | 115,939 | 112,633 |
| 68217FAA0 OMNICOM GROUP INC. 3 | 76,928 | 75,622 |
| 740189AG0 PRECISION CASTPARTS | ||
| 74432QCG8 PRUDENTIAL FINANCIAL | 159,598 | 141,433 |
| 760759AU4 REPUBLIC SERVICES IN | 51,076 | 50,511 |
| 84756NAF6 SPECTRA ENERGY PARTN | 114,400 | 113,600 |
| 855244AK5 STARBUCKS CORP 2.45% | 113,267 | 107,698 |
| 87165BAD5 SYNCHRONY FINANCIAL | 74,855 | 75,376 |
| 87236YAD0 TD AMERITRADE HOLDIN | ||
| 808513AL9 THE CHARLES SCHWAB C | 73,689 | 72,803 |
| 912828J27 U.S. TREASURY NOTE 2 | 246,074 | 244,550 |
| 9128287A2 U.S. TREASURY NOTE 1 | ||
| 9128283F5 U.S. TREASURY NOTE 2 | 222,740 | 212,357 |
| 9128282N9 U.S. TREASURY NOTE 2 | 251,007 | 249,987 |
| 904764BK2 UNILEVER CAPITAL COR | 194,873 | 161,779 |
| 92343VBJ2 VERIZON COMMUNICATIO | ||
| 931142DV2 WAL-MART STORES INC | ||
| 983919AH4 XILINX, INC. 3.0% 03 | ||
| 31420B300 FEDERATED HERMES INS | 2,337,676 | 2,190,956 |
| 00914AAJ1 AIR LEASE CORP MTN 2 | 100,175 | 94,689 |
| 00206RGQ9 AT&T INC. 4.3% 02/15 | 94,685 | 84,743 |
| 05526DBN4 B.A.T. CAPITAL CORPO | 89,898 | 79,707 |
| 05964HAM7 BANCO SANTANDER SA 2 | 205,866 | 173,678 |
| 11135FBA8 BROADCOM INC. 4.75% | 68,327 | 62,818 |
| 808513BV6 CHARLES SCHWAB CORP | 99,949 | 99,103 |
| 89352HAMTRANS-CANADA PIPELINES | ||
| 91282CBL4 U.S. TREASURY NOTE 1 | 140,111 | 121,848 |
| 912828ZQ6U.S. TREASURY NOTE 0. | ||
| 91282CAE1 U.S. TREASURY NOTE 0 | 99,653 | 85,547 |
| 912828UN8 U.S. TREASURY NOTE 2 | ||
| 912828YS3 U.S. TREASURY NOTE 1 | 46,314 | 41,210 |
| 912828Z94 U.S. TREASURY NOTE 1 | 338,088 | 289,765 |
| 91282CAV3 U.S. TREASURY NOTE 0 | 296,919 | 251,317 |
| 037833EB2 APPLE INC. 0.7% 02/0 | 94,786 | 88,281 |
| 912828J27 U.S. TREASURY NOTE 2 | ||
| 91282CCP4 U.S. TREASURY NOTE 0 | 421,315 | 411,668 |
| 912828V98 U.S. TREASURY NOTE 2 | 357,766 | 349,777 |
| 91282CDY4 U.S. TREASURY NOTE 1 | 549,140 | 540,145 |
| 91282CAH4 U.S. TREASURY NOTE 0 | 295,827 | 286,141 |
| 857477BG7 STATE STREET CORPORA | 148,641 | 146,488 |
| 91159HHW3 U.S. BANCORP MTN 3.0 | 145,891 | 142,143 |
| 254687FL5 WALT DISNEY COMPANY | 127,754 | 126,100 |
| 961214EF6 WESTPAC BANKING CORP | 97,716 | 108,232 |
| 260543CK7 DOW CHEMICAL CO/THE | 106,702 | 106,664 |
| 026874DC8 AMERICAN INTERNATION | 104,141 | 101,514 |
| 89352HAM1 TRANS-CANADA PIPELIN | 114,830 | 95,401 |
| 31428XBA3 FEDEX CORPORATION 3. | 77,688 | 76,364 |
| 912796YH6 U.S. TREASURY BILL D | ||
| 92343VCQ5 VERIZON COMMUNICATIO | 61,753 | 60,224 |
| 912810FT0 U.S. TREASURY BOND 4 | 289,331 | 307,425 |
| 015271BA6 ALEXANDRIA REAL ESTA | 62,332 | 65,799 |
| 62954HBA5 NXP B.V. 2.5% 05/11/ | 60,893 | 63,178 |
| 68389XBE4 ORACLE CORPORATION 3 | 57,514 | 60,212 |
| 91282CDP3 U.S. TREASURY NOTE 1 | 47,450 | 49,225 |
| 49456BAG6 KINDER MORGAN, INC. | 44,198 | 45,943 |
| 91282CDJ7 U.S. TREASURY NOTE 1 | 42,576 | 44,175 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 256206103 DODGE & COX INTERNAT | ||
| 00770G847 JOHCM INTERNATIONAL | ||
| 857492417 STATE STREET HEDGED | ||
| 74144Q203 T. ROWE PRICE FUNDS | ||
| 005098108 ACUSHNET HOLDINGS CO | ||
| 00724F101 ADOBE INC CMN | ||
| 02079K305 ALPHABET INC. CMN CL | 300,662 | 825,847 |
| 25816109 AMERICAN EXPRESS CO. | 219,384 | 347,890 |
| 03027X100 AMERICAN TOWER CORPO | 356,350 | 328,328 |
| 30420103 AMERICAN WATER WORKS | 188,404 | 243,522 |
| 37833100 APPLE INC. CMN | 226,008 | 984,983 |
| G6095L109 APTIV PLC CMN | 185,463 | 222,236 |
| 046353108 ASTRAZENECA PLC SPON | ||
| 05478C105 AZEK COMPANY INC. (T | 33,934 | 58,178 |
| 58498106 BALL CORPORATION CMN | 325,536 | 294,157 |
| 073685109 BEACON ROOFING SUPPL | ||
| 09247X101 BLACKROCK, INC. CMN | 194,277 | 277,636 |
| 09739C102 BOINGO WIRELESS, INC | ||
| 114340102 BROOKS AUTOMATION, I | ||
| 130788102 CALIFORNIA WATER SER | 30,558 | 32,626 |
| G1890L107 CAPRI HOLDINGS LIMIT | ||
| 124805102 CBIZ, INC. CMN | 24,880 | 85,999 |
| 15118V207 CELSIUS HOLDINGS, IN | ||
| 154760409 CENTRAL PACIFIC FINA | ||
| 156727109 CERENCE, INC. CMN | ||
| 163072101 CHEESECAKE FACTORY I | ||
| 12545M207 CHR. HANSEN HOLDING | ||
| 17275R102 CISCO SYSTEMS, INC. | 277,793 | 367,735 |
| 12572Q105 CME GROUP INC. CMN C | ||
| 197236102 COLUMBIA BANKING SYS | ||
| 20030N101 COMCAST CORPORATION | ||
| 225447101 CREE, INC. CMN | ||
| 126650100 CVS HEALTH CORP CMN | 326,581 | 382,245 |
| 235851102 DANAHER CORPORATION | ||
| 244199105 DEERE & COMPANY CMN | ||
| 249906108 DESCARTES SYSTEMS GR | 15,380 | 58,842 |
| G29183103 EATON CORP PLC CMN | 78,600 | 204,938 |
| 278865100 ECOLAB INC. CMN | ||
| 292562105 ENCORE WIRE CORP CMN | ||
| 29444U700 EQUINIX, INC. REIT | ||
| 29977A105 EVERCORE INC CMN CLA | ||
| 33616C100 FIRST REPUBLIC BANK | ||
| 369604103 GENERAL ELECTRIC CO | ||
| 38267D109 GOOSEHEAD INSURANCE, | ||
| 404030108 H&E EQUIPMENT SERVIC | ||
| 427096508 HERCULES CAPITAL INC | ||
| 43283X105 HILTON GRAND VACATIO | ||
| 443320106 HUB GROUP, INC. CMN | ||
| 444859102 HUMANA INC. CMN | 206,477 | 255,952 |
| 458334109 INTER PARFUMS, INC. | 21,199 | 61,759 |
| 46625H100 JPMORGAN CHASE & CO | 294,469 | 607,937 |
| 497266106 KIRBY CORPORATION CM | ||
| 49926D109 KNOWLES CORPORATION | ||
| 50077B207 KRATOS DEFENSE & SEC | 31,131 | 54,560 |
| 535919401 LIONS GATE ENTERTAIN | ||
| 53814L108 LIVENT CORPORATION C | ||
| 538146101 LIVEPERSON, INC. CMN | ||
| 548661107 LOWES COMPANIES INC | ||
| 566324109 MARCUS & MILLICHAP, | ||
| 573075108 MARTEN TRANSPORT LTD | 20,055 | 37,281 |
| G5876H105 MARVELL TECHNOLOGY G | ||
| 576690101 MATERION CORPORATION | ||
| 580135101 MC DONALDS CORP CMN | 282,732 | 424,899 |
| 584021109 MEDALLIA, INC. CMN | ||
| 59151K108 METHANEX CORPORATION | 25,864 | 42,908 |
| 594918104 MICROSOFT CORPORATIO | 341,818 | 1,398,493 |
| 609720107 MONMOUTH REAL ESTATE | ||
| 633707104 NATIONAL BANK HOLDIN | ||
| 65339F101 NEXTERA ENERGY, INC. | 183,464 | 289,122 |
| 654106103 NIKE CLASS-B CMN CLA | 173,719 | 278,015 |
| 67066G104 NVIDIA CORPORATION C | 110,799 | 528,895 |
| 680665205 OLIN CORPORATION CMN | ||
| 698813102 PAPA JOHN'S INTERNAT | ||
| 742718109 PROCTER & GAMBLE COM | 290,670 | 416,320 |
| 76131N101 RETAIL OPPORTUNITY I | ||
| 773903109 ROCKWELL AUTOMATION | 85,948 | 172,937 |
| 778296103 ROSS STORES,INC CMN | 228,923 | 363,966 |
| 78709Y105 SAIA, INC. CMN | ||
| G81276100 SIGNET JEWELERS LIMI | 18,903 | 43,655 |
| 82982L103 SITEONE LANDSCAPE SU | ||
| 830879102 SKYWEST, INC. CMN | ||
| 85209W109 SPROUT SOCIAL, INC. | 38,698 | 42,762 |
| 88146M101 TERRENO REALTY CORPO | 28,612 | 41,849 |
| 88160R101 TESLA, INC. CMN | ||
| 882508104 TEXAS INSTRUMENTS IN | 171,369 | 255,860 |
| 89055F103 TOPBUILD CORP. CMN | ||
| 89854H102 TTEC HOLDINGS, INC. | ||
| 90337L108 U.S. PHYSICAL THERAP | ||
| 907818108 UNION PACIFIC CORP. | ||
| 92343V104 VERIZON COMMUNICATIO | ||
| 925815102 VICOR CORPORATION CM | ||
| 92826C839 VISA INC. CMN CLASS | ||
| 92839U206 VISTEON CORPORATION | 20,110 | 34,098 |
| 254687106 WALT DISNEY COMPANY | ||
| 98262P101 WEIGHT WATCHERS INTE | ||
| 98138H101 WORKDAY, INC. CMN CL | ||
| 38150B855 GS EMERGING MARKETS | ||
| 00827B106 AFFIRM HOLDINGS, INC | ||
| 00206R102 AT&T INC. CMN | 424,929 | 370,603 |
| 236272100 DANIMER SCIENTIFIC I | ||
| 29786A106 ETSY, INC. CMN | 333,387 | 202,139 |
| 579780206 MCCORMICK & CO NON V | 369,432 | 311,363 |
| 617446448 MORGAN STANLEY CMN | 295,926 | 370,576 |
| 650111107 NEW YORK TIMES CO.A | ||
| 977852102 WOLFSPEED, INC. CMN | ||
| 9EQ55DXP8 LINDE PLC CMN (LIN) | ||
| 00847J105 AGILYSYS, INC. CMN | 21,440 | 39,526 |
| 011311107 ALAMO GROUP INC. CMN | 18,899 | 29,006 |
| 39653100 ARCOSA INC CMN | ||
| 77454106 BELDEN INC CMN | 33,580 | 47,076 |
| 168905107 CHILDREN'S PLACE INC | ||
| 267475101 DYCOM INDUSTRIES INC | ||
| 343412102 FLUOR CORPORATION CM | 16,904 | 29,338 |
| 39304D102 GREEN DOT CORPORATIO | ||
| 39813G109 GRID DYNAMICS HOLDIN | ||
| 405217100 HAIN CELESTIAL GROUP | ||
| 423452101 HELMERICH & PAYNE IN | 36,850 | 39,480 |
| 426927109 HERITAGE COMMERCE CO | ||
| 58502B106 MEDNAX INC CMN | ||
| 615111101 MONTROSE ENVIRONMENT | 33,980 | 29,142 |
| 698884103 PAR TECHNOLOGY CORPO | ||
| 75321W103 RANPAK HOLDINGS CORP | ||
| 92858V101 VIZIO HOLDING CORP C | ||
| 024013104 AMERICAN ASSETS TRUS | ||
| G9087Q102 TRONOX HOLDINGS PLC | ||
| 91336L107 UNIVAR SOLUTIONS INC | ||
| 23291C103 DMC GLOBAL INC. CMN | ||
| G5494J103 LINDE PLC CMN | 239,977 | 384,014 |
| 369604301 GE AEROSPACE CMN | 110,626 | 264,232 |
| 98419M100 XYLEM INC. CMN | 289,516 | 351,428 |
| 216648402 COOPER COMPANIES INC | 319,468 | 313,727 |
| 679580100 OLD DOMINION FREIGHT | 147,901 | 219,689 |
| 37045V100 GENERAL MOTORS COMPA | ||
| 70450Y103 PAYPAL HOLDINGS, INC | ||
| 252131107 DEXCOM, INC. CMN | 221,459 | 265,553 |
| 29355A107 ENPHASE ENERGY, INC. | 223,624 | 187,639 |
| 573874104 MARVELL TECHNOLOGY, | 41,796 | 119,655 |
| 147448104 CASELLA WASTE SYSTEM | 64,666 | 68,624 |
| 42226A107 HEALTHEQUITY, INC. C | ||
| G87110105 TECHNIPFMC PLC CMN | 20,919 | 47,228 |
| 358039105 FRESHPET, INC. CMN | 35,816 | 60,038 |
| 736508847 PORTLAND GENERAL ELE | ||
| 144285103 CARPENTER TECHNOLOGY | 35,095 | 57,560 |
| 338307101 FIVE9, INC. CMN | ||
| 875465106 TANGER FACTORY OUTLE | ||
| 70435P102 PAYCOR HCM, INC. CMN | 54,026 | 47,109 |
| 88224Q107 TEXAS CAPITAL BANCSH | ||
| 27627N105 EASTERN BANKSHARES I | ||
| 25862V105 DOUBLEVERIFY HOLDING | 36,434 | 57,083 |
| 012348108 ALBANY INTERNATIONAL | 46,415 | 51,702 |
| G65431127 NOBLE CORPORATION PL | 51,291 | 63,475 |
| 44925C103 ICF INTERNATIONAL IN | 23,926 | 29,806 |
| 13100M509 CALIX, INC. CMN | ||
| 33768G107 FIRSTCASH HLDGS INC | 29,664 | 31,325 |
| 16115Q308 CHART INDUSTRIES, IN | ||
| 466367109 JACK IN THE BOX INC. | ||
| 63947X101 NCINO, INC. CMN | 32,672 | 39,515 |
| 527064109 LESLIE'S, INC. CMN | 31,077 | 24,841 |
| 02553E106 AMERICAN EAGLE OUTFI | ||
| 12047B105 BUMBLE INC. CMN | 38,069 | 27,033 |
| 87043Q108 SWEETGREEN, INC. CMN | ||
| 256219106 DODGE & COX INTERNAT | 1,990,637 | 2,200,742 |
| 85749T889 STATE STREET HEDGED | 1,485,019 | 1,634,077 |
| 46653M849 JOHCM INTERNATIONAL | 1,572,082 | 1,580,738 |
| 38142B369 GS EMERGING MARKETS | 1,082,135 | 785,718 |
| G1151C101 ACCENTURE PLC CMN CL | 336,233 | 371,965 |
| 858119100 STEEL DYNAMICS, INC. | 226,941 | 272,963 |
| 149123101 CATERPILLAR INC (DEL | 207,865 | 261,964 |
| 46120E602 INTUITIVE SURGICAL, | 212,337 | 225,694 |
| 94106B101 WASTE CONNECTIONS, I | 203,225 | 224,801 |
| 256163106 DOCUSIGN, INC. CMN | 123,873 | 135,249 |
| 42068205 ARM HOLDINGS PLC ADR | 50,751 | 65,509 |
| 97650W108 WINTRUST FINANCIAL C | 46,079 | 61,122 |
| 00187Y100 API GROUP CORPORATIO | 36,911 | 51,623 |
| 546347105 LOUISIANA PACIFIC CO | 43,788 | 51,352 |
| 09239B109 BLACKLINE, INC. CMN | 44,204 | 49,890 |
| 860372101 STEWART INFORMATION | 30,777 | 42,711 |
| 630402105 NAPCO SECURITY TECHN | 41,468 | 39,936 |
| 224408104 CRANE CO. CMN | 23,222 | 37,332 |
| 29605J106 ESAB CORPORATION CMN | 20,766 | 33,979 |
| 74340E103 PROGYNY INC CMN | 29,985 | 32,533 |
| 69007J106 OUTFRONT MEDIA INC. | 34,741 | 32,499 |
| 03937C105 ARCBEST CORP CMN | 27,832 | 28,370 |
| 9EQ07OH89 TOWER SEMICONDUCTOR | 25,033 | 26,369 |
| 501270102 KURA SUSHI USA INC C | 25,892 | 24,548 |
| 925550105 VIAVI SOLUTIONS, INC | 20,450 | 21,389 |
| 27923Q109 ECOVYST INC. CMN | 18,915 | 17,381 |
| 05589G102 BRP GROUP INC CMN CL | 19,970 | 15,661 |
| 05368X102 AVIDXCHANGE HOLDINGS | 14,683 | 14,794 |
| 421298100 HAYWARD HOLDINGS, IN | 11,854 | 14,661 |
| 04206A101 ARLO TECHNOLOGIES IN | 10,317 | 9,796 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CALIFORNIA FILING FEES | 120 | 0 | 120 | |
| MISC. CHARITABLE EXPENSES | 1,344 | 0 | 1,344 | |
| OFFICE SUPPLIES | 1,990 | 0 | 1,990 | |
| DUES AND SUBSCRIPTIONS | 464 | 0 | 464 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 137 | 137 |
| Description | Amount |
|---|---|
| COST BASIS ADJUSTMENT | 13,555 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 220,046 | 220,046 | ||
| CHARITABLE ADVISORY FEES | 97,631 | 97,631 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 2,187 | 2,187 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 17,000 | 0 | 0 |