| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 30,262 | 2,184 | 16,644 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN AIRLINES GROUP INC | 13,919 | 13,919 |
| CITIGROUP INC | 20,576 | 20,576 |
| DELTA AIR LINES INC | 3,017 | 3,017 |
| DODGE AND COX INTERNATIONAL | 324,412 | 324,412 |
| ENPHASE ENERGY INC | 26,428 | 26,428 |
| FUBOTV INC | 1,685 | 1,685 |
| HARRIS AND ASSOCIATES | 10,770,112 | 10,770,112 |
| ILLINOIS TOOL WORKS INC | 1,833,580 | 1,833,580 |
| INSPIRE MEDICAL SYSTEMS | 6,306 | 6,306 |
| INTEL CORP | 150,750 | 150,750 |
| LNARI MED INC | 26,942 | 26,942 |
| MICROSOFT CORP | 376,040 | 376,040 |
| PRIMECAP ODYSSEY GROWTH FUND | 1,564,167 | 1,564,167 |
| UBER TECHNOLOGIES INC | 572,601 | 572,601 |
| UNITED AIRLINES HOLDINGS INC | 19,846 | 19,846 |
| WELLS FARGO & CO | 1,476,600 | 1,476,600 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ABRY ADVANCED SECURITIES FUND III LP | FMV | 259,765 | 259,765 |
| ABRY ADVANCED SECURITIES IV LP | FMV | 461,274 | 461,274 |
| ABRY PARTNERS IX LP | FMV | 917,702 | 917,702 |
| ABRY PARTNERS VIII LP | FMV | 91,994 | 91,994 |
| CARMEL PARTNERS INVESTMENT FUND III LP | FMV | 58,117 | 58,117 |
| CARMEL PARTNERS INVESTMENT FUND IV LP | FMV | 88 | 88 |
| CARMEL PARTNERS INVESTMENT FUND V LP | FMV | 455,688 | 455,688 |
| CARMEL PARTNERS INVESTMENT FUND VI LP | FMV | 457,105 | 457,105 |
| CARMEL PARTNERS INVESTMENT FUND VII LP | FMV | 622,483 | 622,483 |
| CARMEL PARTNERS INVESTMENT FUND VIII LP | FMV | 583,400 | 583,400 |
| CERBERUS INSTITUTIONAL REAL ESTATE (BLACKACRE) LP | FMV | 1 | 1 |
| CERBERUS INSTITUTIONAL REAL ESTATE II LP | FMV | 865 | 865 |
| CERBERUS INSTITUTIONAL REAL ESTATE III LP | FMV | 162,768 | 162,768 |
| CERBERUS INSTITUTIONAL REAL ESTATE IV LP | FMV | 389,597 | 389,597 |
| CERBERUS INSTITUTIONAL REAL ESTATE V LP | FMV | 896,986 | 896,986 |
| CERBERUS INSTITUTIONAL REAL ESTATE VI LP | FMV | 109,599 | 109,599 |
| CERBERUS LEVERED LOAN OPPORTUNITIES (OFFSHORE) III LP | FMV | 169,147 | 169,147 |
| CERBERUS LEVERED LOAN OPPORTUNITIES (OFFSHORE) IV LP | FMV | 432,909 | 432,909 |
| CERBERUS LEVERED LOAN OPPORTUNITIES (OFFSHORE) V LP | FMV | 38,102 | 38,102 |
| DARWIN VENTURE CAPITAL FUND OF FUNDS II LP | FMV | 3,315,627 | 3,315,627 |
| DARWIN VENTURE CAPITAL FUND OF FUNDS LP | FMV | 281,595 | 281,595 |
| DARWIN VENTURE CAPITAL FUND OF FUNDS V LP | FMV | 1,097,793 | 1,097,793 |
| ENCAP ENERGY CAPITAL FUND VIII-B LP | FMV | 388,054 | 388,054 |
| ENCAP ENERGY CAPITAL FUND IX-C LP | FMV | 353,265 | 353,265 |
| ENCAP ENERGY CAPITAL FUND X-C LP | FMV | 545,625 | 545,625 |
| ENCAP ENERGY CAPITAL FUND XI-C LP | FMV | 958,325 | 958,325 |
| ENCAP ENERGY CAPITAL FUND XII LP | FMV | 382,902 | 382,902 |
| ENCAP FLATROCK MIDSTREAM FUND II-C LP | FMV | 103,759 | 103,759 |
| ENCAP FLATROCK MIDSTREAM FUND III-C LP | FMV | 541,713 | 541,713 |
| ENCAP FLATROCK MIDSTREAM FUND IV-C LP | FMV | 571,141 | 571,141 |
| ENCAP FLATROCK MIDSTREAM FUND V LP | FMV | 323,206 | 323,206 |
| ENDEAVOUR CAPITAL FUND VIII LP | FMV | 502,050 | 502,050 |
| GRIDIRON ENERGY FEEDER I LP | FMV | 568,216 | 568,216 |
| INTECH US LARGE CAP GROWTH FUND LLC | FMV | 7,269,313 | 7,269,313 |
| INVENTUS CAPITAL PARTNERS FUND II LTD | FMV | 341,042 | 341,042 |
| LS POWER EQUITY PARTNERS III LP | FMV | 979,040 | 979,040 |
| LS POWER EQUITY PARTNERS IV LP | FMV | 1,137,142 | 1,137,142 |
| LS POWER EQUITY PARTNERS V LP | FMV | 18,431 | 18,431 |
| NEW VERNON INDIA (CAYMAN) FUND II | FMV | 866,087 | 866,087 |
| PINNACLE EQUITY FUND | FMV | 1,623,419 | 1,623,419 |
| PINNACLE INTERNATIONAL | FMV | 499,414 | 499,414 |
| PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND IV LP | FMV | 49,101 | 49,101 |
| PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND V LP | FMV | 307,655 | 307,655 |
| SHORENSTEIN SRI IX REIT | FMV | 3,318 | 3,318 |
| SHORENSTEIN SRI VIII REIT | FMV | 289,732 | 289,732 |
| SOLSTICE ABS CDO III | FMV | 1 | 1 |
| SPC LLC | FMV | 4 | 4 |
| SWANSON RIVER | FMV | 125,000 | 125,000 |
| TEPPCO CRUDE OIL LLC | FMV | 15,000 | 15,000 |
| TRAINER WORTHAM CDO | FMV | 64,586 | 64,586 |
| 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 | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 288 | 0 | 288 | |
| INSURANCE | 1,927 | 0 | 1,927 | |
| DUES AND SUBSCRIPTIONS | 9,696 | 0 | 9,696 | |
| OTHER | 7,663 | 0 | 7,663 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ALTERNATIVE INVESTMENTS | 317,356 | 122,525 | 317,356 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 2,936,866 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PASSTHROUGH INVESTMENT EXPENSES | 0 | 245,891 | 0 | |
| INVESTMENT MANAGEMENT | 331,325 | 331,325 | 0 | |
| CONSULTING FEES | 495 | 0 | 495 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 0 | 9,303 | 0 | |
| STATE TAX | 275 | 0 | 0 |