| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,085 | 3,043 | 3,042 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC | 7,589 | 8,530 |
| ACCENTURE PLC IRELAND SHS CL A ISIN | 4,412 | 4,573 |
| ADVANCEDMICRO DEVICES INC COM | 6,971 | 5,315 |
| ADYEN N V ADR | 3,582 | 3,137 |
| AGILENT TECHNOLOGIES INC COM | 5,550 | 5,239 |
| AIA GROUP LTD | 4,059 | 2,882 |
| AIR LIQUIDE DR | 1,954 | 2,419 |
| ALCON SA ACT | 3,087 | 3,480 |
| ALEXANDRA REAL ESTATE EQUITIES INC COM | 7,983 | 6,731 |
| ALFA LAVAL AB SWEDEN ADR | 2,490 | 3,489 |
| ALIGHT INC CL A | 20,249 | 15,238 |
| ALIGN TECHNOLOGY INC COM | 31,959 | 29,400 |
| ALLIANZ SE ADR | 5,656 | 8,551 |
| AMAZON COM INC COM | 28,219 | 32,031 |
| AMBEV | 2,941 | 2,046 |
| AMCOR PLC | 4,709 | 3,830 |
| AMERICAN ELEC PWR CO INC COM | 7,196 | 7,286 |
| AMERICAN TOWER CORP NEW COM | 30,220 | 27,695 |
| AMGEN INC COM | 7,421 | 7,819 |
| ANHEUSER BUSCH | 25,485 | 22,031 |
| APOLLO GLOBAL MGMT INC NEW COM | 4,251 | 5,615 |
| APPLE INC COM | 27,505 | 30,301 |
| ASSA | 1,942 | 2,622 |
| AT&T INC COM | 5,893 | 7,355 |
| ATLAS COPCO | 2,820 | 3,661 |
| AUTODESK INC COM | 8,531 | 11,823 |
| AVANTOR INC COM | 19,920 | 19,953 |
| BANCO BILBAO | 2,606 | 4,782 |
| BANK OF MONTREAL | 6,904 | 7,279 |
| BECTON DICKINSON & CO COM | 17,808 | 17,015 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | 11,923 | 16,318 |
| BHP GROUP | 4,848 | 3,272 |
| BLACKSTONE PRIVATE CREDIT FUND CLASS I | 50,481 | 50,313 |
| BRISTOL MYERS SQUIBB CO COM | 34,227 | 34,502 |
| BROADCOM INC COM | 2,216 | 2,087 |
| BROOKFIELD ASSET MGMT | 24,321 | 36,866 |
| BROOKFIELD CORP VTG SHS CL A ISIN | 47,121 | 63,545 |
| CANADIAN IMPERIAL BANK OF COMMERCE | 2,487 | 3,604 |
| CANADIAN NATL RY | 2,388 | 1,929 |
| CARLYNE TACTICAL PRIVATE CREDIT FUND CLASS N | 50,000 | 49,766 |
| CARMAX INC COM | 20,459 | 23,383 |
| CARLYLE GROUP INC COM | 6,815 | 7,725 |
| CASEY GEN STORIES INC COM | 11,904 | 15,849 |
| CHEVRON CORP NEW COM | 41,210 | 38,383 |
| CHIPOTLE MEXICAN GRILL INC COM | 7,658 | 7,960 |
| CHUGAI PHARMAC | 4,204 | 6,415 |
| CITIGROUP INC COM NEW | 10,584 | 13,726 |
| CLEAN HBRS INC COM | 20,507 | 24,625 |
| COCA COLA CO COM | 6,175 | 6,413 |
| COLOPLAST A/S SPONSORED ADR | 2,121 | 1,911 |
| COMCAST CORP NEW CL A | 24,799 | 22,518 |
| COPART INC COM | 6,705 | 7,289 |
| COSTCO WHOLESALE CORP NEW COM | 7,215 | 7,330 |
| CREDICORP | 2,044 | 2,566 |
| DAIFUKU CO LTD ADR | 1,898 | 1,945 |
| DASSAULT SYS | 7,382 | 5,614 |
| DATADOG INC CL A | 4,219 | 4,001 |
| DAVENPORT SMALL CAP FOCUS FUND | 324,630 | 332,618 |
| DBS GROUP HOLDINGS | 6,918 | 10,243 |
| DIAGEO PLC | 6,758 | 6,738 |
| DISCO CORP ADR ISIN | 2,899 | 2,684 |
| DRAFTKINGS INC NEW CL A | 13,723 | 24,329 |
| DUKE ENERGY CORP NEW COM NEW | 7,932 | 8,511 |
| ELEVANCE HEALTH INC COM | 17,548 | 14,387 |
| ENBRIDGE INC | 29,149 | 28,426 |
| ENN ENERGY HOLDINGS | 4,635 | 3,243 |
| ENTERGY CORP NEW COM | 4,389 | 6,369 |
| ENVIS CORP COM NEW | 30,942 | 24,704 |
| EPIROC | 2,975 | 2,882 |
| ESAB CORP COM | 11,432 | 22,549 |
| ETSY INC COM | 24,077 | 19,569 |
| EXXON MOBIL CORP | 5,386 | 4,841 |
| EXXON MOBIL CORP | 22,130 | 43,028 |
| FAIRFAX FINL HOLDINGS | 15,629 | 44,506 |
| FEDEX CORP COM | 10,777 | 12,379 |
| FIDELITY NATL FINL INC NEW FNF GROUP COM | 21,357 | 26,779 |
| FOMENTO | 4,339 | 4,873 |
| FREEDOM FINANCIAL HOLDINGS INC | 19,223 | 18,576 |
| GENMAB | 3,320 | 1,732 |
| GENUINE PARTS CO COM | 14,529 | 11,559 |
| GILEAD SCIENCES INC COM | 10,012 | 13,763 |
| GRUPO FINANCIERO BANORTE SAB DE CV ADR ISIN | 2,101 | 1,830 |
| HAIER SMART HOME | 2,895 | 3,248 |
| HALEON PLC ADR ISIN | 5,783 | 6,306 |
| HAMILTON LANE PRIVATE ASSETS FUND CLASS I | 202,923 | 204,747 |
| HDFC BK LTD ADR REPSTG 3 SHS | 6,800 | 7,025 |
| HERSHEY CO COM | 10,878 | 9,992 |
| HP INC COM | 15,385 | 15,630 |
| HUNT JB TRANS SVCS INC COM | 17,955 | 16,383 |
| HUNTINGTON BANCSHARES INC COM | 7,201 | 8,265 |
| IDEXX LABS INC COM | 4,275 | 4,134 |
| INFINEON TECHNOLOGIES | 6,006 | 6,356 |
| INTUIT COM | 8,287 | 8,171 |
| JOHNSON & JOHNSON COM | 37,706 | 33,407 |
| JOHNSON CTLS INTL PLC SHS ISIN | 14,868 | 19,496 |
| JPMORGAN CHASE & CO COM | 10,394 | 18,458 |
| KENVUE INC COM | 5,806 | 6,063 |
| KEURIG DR PEPPER INC COM | 16,953 | 16,381 |
| KINSALE CAP GROUP INC COM | 30,299 | 37,676 |
| KOMATSU LTD | 2,511 | 2,896 |
| L3HARRIS TECHNOLOGIES INC COM | 21,173 | 21,238 |
| LAM RESH CORP COM NEW | 6,508 | 5,923 |
| LAMAR ADVERTISING CO NEW CL A | 32,220 | 36,522 |
| LINDE PLC NEW SHS ISIN | 7,374 | 7,955 |
| LIVE NATION ENTMT INC COM | 36,977 | 50,635 |
| LOREAL CO | 5,404 | 5,070 |
| LOWES COS INC COM | 13,549 | 16,042 |
| LYONDELLBASELL INDUSTRIES N V ORD SHS CL A | 10,217 | 8,467 |
| MANULIFE FINL CORP | 3,730 | 6,511 |
| MARKEL GROUP INC COM | 26,960 | 36,251 |
| MARTIN MARIETTA MATLS INC COM | 22,222 | 27,891 |
| MASTERCARDINC CL A | 14,625 | 15,797 |
| MCDONALDS CORP COM | 14,236 | 16,814 |
| MEDTRONIC PLC SHS ISIN | 19,671 | 17,014 |
| MERCADOLIBRE INC COM | 3,468 | 3,401 |
| MERK & CO INC NEW COM | 12,043 | 12,435 |
| META PLATFORMS INC CL A | 21,707 | 22,249 |
| MICROSOFT CORP COM | 42,473 | 41,729 |
| MOBILEYE GLOBAL | 18,829 | 11,713 |
| MONSTER BERAGE CORP NEW COM | 4,368 | 4,362 |
| MORGAN STANLEY COM NEW | 4,012 | 5,280 |
| NATIONAL GRID PLC | 12,746 | 10,636 |
| NESTLE SA | 6,146 | 4,330 |
| NEXTERA ENERGY INC COM | 26,872 | 26,525 |
| NORFOLK SOUTHN CORP COM | 23,823 | 21,827 |
| NOVOZYMES | 1,890 | 1,696 |
| NVIDIA CORP COM | 36,301 | 40,153 |
| O REILLY AUTOMOTIVE INC NEW COM | 20,568 | 30,831 |
| ORACLE CORP COM | 13,766 | 21,830 |
| PALO ALTO NETWORKS INC COM | 4,469 | 4,731 |
| PAYCHEX INC COM | 4,823 | 5,328 |
| PEPSICO INC COM | 22,931 | 20,072 |
| PERUSAHAAN | 3,634 | 2,237 |
| PFIZER INC COM | 11,749 | 7,508 |
| PHILLIP MORRIS INTL INC COM | 28,722 | 34,661 |
| PING AN INS GROUP | 1,884 | 1,490 |
| PNC FINL SVCS GROUP INC COM | 8,534 | 10,028 |
| PPL CORP COM | 4,512 | 5,518 |
| PROLOGIS INC COM | 9,459 | 8,456 |
| PTC INC COM | 7,413 | 11,216 |
| REALTY INCOME CORP COM | 8,793 | 8,118 |
| RIO TINTO | 4,722 | 3,411 |
| ROCHE HOLDINGS | 6,243 | 5,267 |
| SALESFORCE INC COM | 7,540 | 9,361 |
| SANOFI | 33,316 | 32,700 |
| SAP SE | 2,979 | 6,894 |
| SCHLUMBERGER LTD COM ISIN | 16,087 | 14,723 |
| SCHNEIDER | 3,463 | 6,006 |
| SERVICENOW INC COM | 7,355 | 8,481 |
| SHELL | 5,494 | 6,265 |
| SHERWIN-WILLIAMS CO COM | 14,495 | 19,036 |
| SHIMANO SHS UNSPONSORED | 1,764 | 1,418 |
| SHIONOGI & CO | 3,252 | 2,053 |
| SONOVA HOLDINGS | 2,459 | 2,276 |
| SONY | 5,085 | 5,819 |
| SOUTHERN CO COM | 4,807 | 5,927 |
| SYMRISE | 2,929 | 2,667 |
| SYSMEX | 5,391 | 4,680 |
| TAIWAN SEMICONDUCTOR MFG CO | 4,280 | 8,887 |
| TAKE-TWO INTERACTIVE SOFTWARE INC CDT-COM | 9,912 | 15,463 |
| TC ENERGY CORP | 9,515 | 10,109 |
| TE CONNECTIVITY PLC ORD SHS ISIN | 16,580 | 17,585 |
| TECHTRONICS IND LTD SPON ADR | 2,392 | 2,165 |
| TENCENT HOLDINGS | 4,322 | 4,520 |
| TEXAS INSTRS INC COM | 4,136 | 3,750 |
| TOTALENERGIES | 10,958 | 11,609 |
| TRANSUNION | 7,094 | 6,304 |
| TRUIST FINL CORP COM | 11,577 | 8,980 |
| UBER TECHNOLOGIES INC COM | 6,700 | 5,248 |
| UNICHARM | 0 | 1,793 |
| UNITED PARCEL SVC INC CL B | 26,717 | 24,211 |
| UNITEDHEALTH GROUP INC COM | 9,026 | 8,094 |
| US BANCORP DEL COM NEW | 11,710 | 11,910 |
| VANGUARD INDEX FDS S&P 500 ETF SHS NEW | 467,589 | 641,184 |
| VEEVA SYS INC CL A COM | 4,033 | 3,995 |
| VERIZON COMMUNICATIONS INC COM | 16,564 | 13,717 |
| WALMART INC COM | 9,183 | 15,902 |
| WATSCO INC COM | 19,718 | 31,277 |
| WEC ENERGY GROUP INC COM | 3,677 | 4,044 |
| WELLS FARGO & CO NEW COM | 10,317 | 15,734 |
| WILLIAMS COS INC COM | 2,584 | 4,384 |
| XCEL ENERGY INC COM | 9,364 | 11,208 |
| XULEM INC COM | 15,076 | 19,259 |
| ZTO EXPRESSCAYMAN INC SPONS ADR | 2,451 | 2,268 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,712 | 856 | 856 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 23,108 | 23,108 | 0 | |
| OFFICE EXPENSES | 53 | 53 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 2,019 | 2,019 | 0 |