| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 21VIANET GROUP INC | 60,047 | 62,206 |
| ABBOTT LABS | 11,310 | 12,654 |
| ABBVIE INC | 86,593 | 93,257 |
| ACCENTURE PLC | 7,054 | 7,035 |
| AIR PRODS & CHEM INC | 1,991 | 1,661 |
| AIRBNB | 11,386 | 13,371 |
| AIRBUS GROUP | 8,031 | 10,252 |
| ALIBABA GROUP HOLDING LTD | 39,930 | 27,117 |
| ALPHABET INC CL A | 24,256 | 44,759 |
| ALPS/SMITH TOTAL RETURN BOND F | 146,861 | 148,418 |
| ALTRIA GROUP INC | 9,315 | 8,937 |
| AMAZON COM | 60,159 | 174,500 |
| AMEREN CORPORATION | 3,807 | 5,755 |
| AMERICAN ELECTRIC POWER INC | 4,874 | 7,954 |
| AMERICAN EXPRESS CO | 7,666 | 8,323 |
| AMETEK INC | 1,697 | 2,023 |
| ANALOG DEVICES INC | 13,209 | 22,403 |
| APPFOLIO INC CLASS A | 1,610 | 1,592 |
| APPLE INC | 18,652 | 43,769 |
| ARCH CAPITAL GROUP LTD | 1,702 | 2,314 |
| ARES MANAGEMENT CORPORATION | 2,527 | 3,578 |
| ARISTA NETWORKS | 2,349 | 2,299 |
| ARTISAN INTERNATIONAL FUND ADV | 101,124 | 97,787 |
| ASML HOLDING NV NY REG SHS | 8,097 | 16,671 |
| ASTRAZENECA PLC SP ADR | 7,725 | 8,211 |
| AT&T, INC | 10,240 | 16,196 |
| AUTOMATIC DATA PROCESSING INC | 8,765 | 10,613 |
| AVALONBAY CMNTYS INC | 416 | 363 |
| AVERY DENNISON CORP | 4,379 | 5,708 |
| BANK NEW YORK MELLON CORP COM | 9,584 | 20,200 |
| BANK OF AMERICA CORP | 14,859 | 24,090 |
| BARON REAL ESTATE FD INSTI SHS | 98,473 | 153,385 |
| BERKLEY W R CP | 833 | 997 |
| BLACKROCK INC | 45,872 | 90,979 |
| BRISTOL-MYERS SQUIBB CO | 6,479 | 7,282 |
| BROADCOM INC | 11,917 | 37,033 |
| BROOKFIELD ASSET MANAGEMENT LT | 1,340 | 2,284 |
| BROOKFIELD CORP ORD SHS CL A | 5,068 | 11,610 |
| BROOKFIELD INFRASTRUCTURE CORP | 5,794 | 7,128 |
| BROOKFIELD RENEWABLE CORPORATI | 1,680 | 2,514 |
| BROWN & BROWN INC | 4,762 | 6,757 |
| CBRE GROUP | 3,748 | 8,461 |
| CCC INTELLIGENT SOLUTIONS HOLD | 2,041 | 1,860 |
| CHEVRON CORP | 16,114 | 17,832 |
| CHIPOTLE MEX GRILL | 3,724 | 4,403 |
| CHUBB LIMITED | 12,775 | 22,051 |
| CISCO SYSTEMS INC | 11,387 | 21,106 |
| CME GROUP, INC | 8,411 | 13,732 |
| CMS ENERGY CP | 2,013 | 3,357 |
| CONOCOPHILLIPS | 10,844 | 10,578 |
| COPART INC | 4,336 | 7,439 |
| COSTAR GROUP, INC | 2,001 | 1,815 |
| COSTCO WHOLESALE CORPORATION | 43,249 | 49,153 |
| CSX CORP | 5,576 | 7,431 |
| CUMMINS INC | 2,289 | 4,876 |
| DANAHER CORP | 5,188 | 5,655 |
| DATADOG INC | 3,727 | 3,862 |
| DOMINOS PIZZA INC | 2,680 | 3,577 |
| DTE ENERGY CO COM | 1,715 | 2,890 |
| EAGLE MATERIALS INC | 849 | 797 |
| EATON CORP PLC | 11,104 | 14,977 |
| EBAY INC | 4,358 | 7,050 |
| ELI LILLY & CO | 58,390 | 80,601 |
| EMERSON ELECTRIC CO | 5,123 | 5,165 |
| ENTEGRIS INC | 3,070 | 2,926 |
| ENTERGY CORP | 7,419 | 11,923 |
| EQUINIX, INC | 9,389 | 12,582 |
| ESC GCI LIBERTY INC SR (ESCROW | ||
| EXXON MOBIL CORP | 17,958 | 24,188 |
| FAIR ISSAC & CO INC | 4,312 | 5,383 |
| FASTENAL COMPANY | 1,193 | 2,589 |
| FINANCIAL SELECT SECTOR SPDR F | 135,711 | 259,773 |
| FIRST TRUST DORSEY WRIGHT FOCU | 21,673 | 56,565 |
| GALLAGHER ARTHUR J & CO | 3,290 | 2,971 |
| GEN DYNAMICS CP | 10,344 | 13,297 |
| GILEAD SCIENCES INC | 9,699 | 10,726 |
| GRACO INC | 963 | 951 |
| GRAINGER W W INC | 6,939 | 16,577 |
| HEICO CP CL A | 5,875 | 11,690 |
| HILTON WORLDWIDE HOLDINGS, INC | 3,985 | 11,427 |
| HOME DEPOT INC | 9,913 | 15,939 |
| HONEYWELL INTL | 6,652 | 9,532 |
| HYATT HOTELS CORP | 1,817 | 3,026 |
| IDEXX LABORATORIES INC | 1,803 | 3,436 |
| ILLINOIS TOOL WORKS | 9,012 | 8,919 |
| INTERNATIONAL BUSINESS MACHINE | 9,294 | 20,325 |
| INTERNATIONAL GROWTH & INCOME | 52,781 | 60,947 |
| INTUIT | 13,824 | 17,141 |
| INTUITIVE SURGICAL | 12,367 | 19,855 |
| INVESCO S&P 500 EQUAL WEIGHT E | 108,717 | 133,326 |
| INVESCO S&P 500 PURE VALUE ETF | 75,708 | 106,771 |
| ISHARES TRUST - ISHARES MSCI A | 61,918 | 82,234 |
| ISHARES TRUST RUSSELL 1000 GRO | 35,274 | 34,989 |
| ISHARES TRUST RUSSELL 1000 VAL | 9,472 | 9,405 |
| JOHNSON & JOHNSON | 26,449 | 36,837 |
| JP MORGAN CHASE | 101,764 | 156,921 |
| JPMORGAN BETA BUILDERS EUROPE | 208,890 | 224,445 |
| JPMORGAN EMERGING MKTS EQUITY | 123,380 | 176,949 |
| JPMORGAN EQUITY INCOME FUND SE | 305,332 | 326,455 |
| KKR & CO INC | 4,045 | 9,461 |
| KLA TENCOR CORP | 1,872 | 15,080 |
| KRANESHARES CSI CHINA INTERNET | 65,034 | 63,674 |
| L3HARRIS TECHNOLOGIES | 5,140 | 5,196 |
| LAM RESEARCH CORP | 6,190 | 13,765 |
| LENNAR CORP | 1,635 | 3,385 |
| LIBERTY LIVE GROUP - SER C | 1,040 | 998 |
| LIBERTY MEDIA CORPORATION - SE | 1,407 | 1,626 |
| LIBERTY MEDIA CORPORATION - SE | 1,410 | 3,259 |
| LINDE PLC COM | 10,563 | 10,566 |
| LIVE NATION INC COM | 5,615 | 8,543 |
| LPL FINANCIAL HOLDINGS INC | 4,092 | 4,064 |
| MARKEL CORP | 3,231 | 6,750 |
| MARSH AND MCLENNAN COMPANIES I | 18,570 | 21,335 |
| MARTIN MARIETTA MATLS INC | 4,586 | 7,340 |
| MARVELL TECHNOLOGY, INC | 3,859 | 4,516 |
| MASTERCARD INC | 24,729 | 39,962 |
| MCDONALD'S CORP | 10,710 | 16,260 |
| MEDTRONIC PLC | 10,008 | 11,335 |
| MERCADOLIBRE, INC | 60,512 | 78,556 |
| MERCK & CO INC | 10,184 | 12,000 |
| META PLATFORMS INC | 22,382 | 50,127 |
| MICROSOFT CORP | 67,853 | 179,907 |
| MONDELEZ INTERNATIONAL INC | 6,886 | 5,814 |
| MONSTER BEVERAGE CORP | 4,976 | 9,660 |
| MOODYS CORP | 765 | 1,590 |
| MORGAN STANLEY | 11,096 | 19,883 |
| MSCI INC | 2,806 | 4,461 |
| NETFLIX INC | 11,797 | 27,190 |
| NEXTERA ENERGY, INC | 4,946 | 5,891 |
| NORTHEAST UTIL | 50,028 | 74,075 |
| NORTHROP GRUMMAN CORP | 6,522 | 9,501 |
| NVIDIA CORP | 14,189 | 97,726 |
| O'REILLY AUTOMOTIVE INC | 1,979 | 9,212 |
| ORACLE CORP | 3,487 | 3,355 |
| PACKAGING CORP AMER | 3,595 | 5,549 |
| PALO ALTO NETWORKS INC | 87,952 | 120,357 |
| PARKER HANNIFIN CP | 5,436 | 21,731 |
| PAYPAL HOLDINGS, INC | 4,852 | 3,904 |
| PEPSICO INC | 5,429 | 5,838 |
| PERIMETER SOLUTIONS ORD SHS | 658 | 2,044 |
| PHILIP MORRIS INTL | 4,302 | 4,260 |
| PNC FINANCIAL GROUP INC | 7,893 | 12,565 |
| PRINCIPAL FUNDS, INC. BLUE CHI | 153,077 | 238,268 |
| PROCORE TECHNOLOGIES INC | 1,612 | 1,541 |
| PROCTER GAMBLE CO | 15,326 | 18,057 |
| PROLOGIS | 4,480 | 5,175 |
| QUALCOMM INC | 4,670 | 4,907 |
| RAYTHEON TECHNOLOGIES CORP | 4,279 | 11,421 |
| ROPER INDUSTRIES | 3,685 | 4,296 |
| ROSS STORES, INC | 1,188 | 1,811 |
| RYAN SPECIALTY GROUP HOLDINGS | 63 | 60 |
| S&P GLOBAL INC COM | 88,530 | 114,911 |
| SALESFORCE.COM | 15,076 | 15,540 |
| SEA LTD | 64,949 | 61,999 |
| SELECT SECTOR SPDR-HEALTH CARE | 216,051 | 272,911 |
| SERVICE NOW | 6,514 | 6,420 |
| SHERWIN-WILLIAMS CO | 9,356 | 11,616 |
| SHOPIFY INC | 34,882 | 75,173 |
| SOUTHERN CO | 8,780 | 10,900 |
| SPDR S&P 500 ETF TRUST | 16,421 | 16,333 |
| SPRD EURO STOXX 50 ETF | 55,962 | 70,443 |
| STRYKER CORPORATION | 6,046 | 9,606 |
| SYNOPSYS, INC | 6,173 | 6,753 |
| TAIWAN SEMICONDUCTOR MFG CO LT | 10,818 | 16,553 |
| TE CONNECTIVITY LTD | 7,759 | 11,531 |
| TESLA MOTORS INC | 8,333 | 17,266 |
| TEXAS INSTRUMENTS INC | 2,934 | 4,908 |
| THE COCA-COLA CO | 11,155 | 12,863 |
| THERMO FISHER SCIENTIFIC INC | 8,833 | 13,660 |
| TJX COMPANIES INC | 7,633 | 12,053 |
| TOAST INC | 1,320 | 1,186 |
| TRANE TECHNOLOGIES PLC | 3,234 | 9,639 |
| TRANSDIGM GRP INC | 5,373 | 11,618 |
| TYLER TECHNOLOGIES, INC | 3,516 | 3,663 |
| UBER | 6,014 | 10,867 |
| UNION PACIFIC | 11,621 | 11,629 |
| UNITEDHEALTH GROUP INC | 15,839 | 12,575 |
| VALERO ENERGY CORP | 5,564 | 8,576 |
| VANGUARD FTSE EUROPEAN ETF | 64,139 | 80,600 |
| VANGUARD MID-CAP ETF | 6,603 | 6,532 |
| VANGUARD VALUE ETF | 34,918 | 42,209 |
| VEEVA SYSTEMS INC | 4,424 | 4,900 |
| VERALTO CORPORATION | 326 | 308 |
| VERISK ANALYTICS, INC | 643 | 1,222 |
| VERTEX PHARMCTLS INC | 12,601 | 14,263 |
| VERTIV CL A | 70,973 | 86,999 |
| VISA INC | 27,214 | 44,891 |
| VULCAN MATERIALS CO | 5,349 | 9,937 |
| WAL-MART STORES INC | 11,952 | 26,070 |
| WALT DISNEY HOLDINGS CO | 13,572 | 15,928 |
| WASTE CONNECTIONS | 2,009 | 1,960 |
| WASTE MANAGEMENT INC | 5,760 | 10,782 |
| WATERS CORP | 1,672 | 2,063 |
| WEC ENERGY GROUP, INC | 3,411 | 5,339 |
| WELLS FARGO & CO | 9,650 | 19,199 |
| WELLTOWER INC. | 2,630 | 3,476 |
| WIX COM LTD | 1,004 | 745 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SKYBRIDGE MULTI-ADVISOR | 135,092 | 115,494 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 28,019 | 28,019 | ||
| Bank Charges | 11 | 11 | ||
| State or Local Filing Fees | 25 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Class Action Lawsuit Proceeds | 179 | 179 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 37,477 | 37,477 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2025 | 8,200 | |||
| 990-PF Excise Tax for 2024 | 6,615 | |||
| Foreign Tax Paid | 87 | 87 |