| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 1,341 | 1,341 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 693475AZ8 PNC FINANCIAL SERVIC | 16,324 | 14,116 |
| 9128286X3 US TREASURY NOTE | ||
| 961214DW0 WESTPAC BANKING CORP | 19,320 | 19,841 |
| 9128283W8 US TREASURY NOTE | 34,649 | 34,472 |
| 20030NCT6 COMCAST CORP | 17,921 | 15,081 |
| 9128286A3 US TREASURY NOTE | ||
| 9128285M8 US TREASURY NOTE | 55,012 | 54,386 |
| 912828U24 US TREASURY NOTE 2.0 | 23,590 | 24,670 |
| 912828M56 US TREASURY NOTE | ||
| 166764BW9 CHEVRON CORP | ||
| 036752AB9 ANTHEM INC | 15,414 | 14,928 |
| 867914BS1 SUNTRUST BANKS INC | ||
| 9128286T2 US TREASURY NOTE 2.3 | 20,984 | 19,230 |
| 254687FL5 WALT DISNEY COMPANY/ | 14,508 | 14,025 |
| 3135G0K36 FED NATL MTG ASSN | 18,958 | 19,908 |
| 46625HRV4 JPMORGAN CHASE & CO | 15,401 | 14,903 |
| 06051GGA1 BANK OF AMERICA CORP | 16,710 | 14,861 |
| 14040HBN4 CAPITAL ONE FINANCIA | 10,416 | 9,970 |
| 25389JAR7 DIGITAL REALTY TRUST | 10,567 | 9,946 |
| 29444UBL9 EQUINIX INC | 14,384 | 14,229 |
| 61746BEF9 MORGAN STANLEY | 17,129 | 14,961 |
| 548661DY0 LOWE'S COS INC | 14,760 | 13,323 |
| 78016EZM2 ROYAL BANK OF CANADA | 15,036 | 14,978 |
| 3135G04Z3 FED NATL MTG ASSN | ||
| 126650DM9 CVS HEALTH CORP | 10,028 | 9,566 |
| 110122DP0 BRISTOL-MYERS SQUIBB | 15,068 | 14,321 |
| 91282CBL4 US TREASURY NOTE | 24,563 | 22,011 |
| 9128282R0 US TREASURY NOTE | 47,737 | 49,028 |
| 907818FU7 UNION PACIFIC CORP | 8,945 | 9,171 |
| 120568BB5 BUNGE LTD FINANCE CO | ||
| 31428XCD6 FEDEX CORP | 8,663 | 9,073 |
| 87612EBH8 TARGET CORP | 14,163 | 14,738 |
| 91282CDY4 US TREASURY NOTE 1.8 | 35,297 | 35,674 |
| 91282CGQ8 US TREASURY NOTE | 25,275 | 25,318 |
| 91282CHC8 US TREASURY NOTE | 19,322 | 19,227 |
| 91282CJJ1 US TREASURY NOTE | 62,899 | 61,952 |
| 037833DP2 APPLE INC | 17,649 | 18,865 |
| 00206RMT6 AT&T INC | 9,987 | 10,369 |
| 00287YBX6 ABBVIE INC | 14,120 | 14,547 |
| 053332AZ5 AUTOZONE INC | 9,533 | 9,889 |
| 26441CBT1 DUKE ENERGY CORP | 9,387 | 9,967 |
| 337738BH0 FISERV INC | 10,187 | 10,312 |
| 38141GYJ7 VR GOLDMAN SACHS GRO | 16,932 | 17,912 |
| 45866FAW4 INTERCONTINENTALEXCH | 19,154 | 20,258 |
| 59156RBZ0 METLIFE INC | 19,689 | 20,425 |
| 863667BE0 STRYKER CORP | 9,820 | 10,055 |
| 912810FP8 US TREASURY BOND 5.3 | 47,974 | 48,380 |
| 91282CLF6 US TREASURY NOTE | 14,478 | 14,769 |
| 166764BY5 CHEVRON CORP | 21,916 | 23,184 |
| 74834LBD1 QUEST DIAGNOSTICS IN | 10,779 | 11,072 |
| 91282CHB0 US TREASURY NOTE | 9,993 | 10,003 |
| 91282CMM0 US TREASURY NOTE | 30,747 | 31,140 |
| 91282CNT4 US TREASURY NOTE | 30,382 | 30,216 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 874039100 TAIWAN SEMICONDUCTOR | 835 | 19,145 |
| 12514G108 CDW CORP/DE | 9,705 | 15,391 |
| 001744101 AMN HEALTHCARE SERVI | 3,056 | 1,324 |
| 594918104 MICROSOFT CORP | 7,185 | 92,371 |
| G037AX101 AMBARELLA INC | 962 | 1,700 |
| 217204106 COPART INC COM | 1,330 | 14,290 |
| 18946Q101 CLP HOLDINGS LIMITED | 3,640 | 3,154 |
| H42097107 UBS GROUP AG | 6,800 | 16,255 |
| 05565A202 BNP PARIBAS - ADR | 5,419 | 12,040 |
| 115236101 BROWN & BROWN INC | 3,108 | 19,048 |
| 44925C103 ICF INTERNATIONAL IN | 3,502 | 3,924 |
| 80687P106 SCHNEIDER ELECTRIC S | 4,057 | 16,920 |
| 745867101 PULTE GRP INC | 9,429 | 24,507 |
| 00724F101 ADOBE INC | ||
| 816300107 SELECTIVE INS GROUP | 3,798 | 4,686 |
| 00287Y109 ABBVIE INC | ||
| 840441109 SOUTHSTATE CORP | ||
| 057665200 BALCHEM CORP CLASS B | 2,387 | 3,987 |
| 353514102 FRANKLIN ELEC INC CO | 1,354 | 2,961 |
| 778296103 ROSS STORES INC | 12,066 | 32,245 |
| 26874R108 ENI SPA - ADR | 7,283 | 11,496 |
| 641069406 NESTLE S.A. REGISTER | 4,144 | 7,507 |
| 302130109 EXPEDITORS INTL WASH | 2,326 | 9,537 |
| 783513203 RYANAIR HOLDINGS PLC | 2,359 | 5,775 |
| 530307305 LIBERTY BROADBAND CO | 8,827 | 7,582 |
| 04247X102 ARMSTRONG WORLD INDU | ||
| 681116109 OLLIE'S BARGAIN OUTL | 1,069 | 2,631 |
| 75886F107 REGENERON PHARMACEUT | 14,098 | 19,297 |
| 91307C102 UNITED THERAPEUTICS | 7,886 | 35,569 |
| 46625H100 JPMORGAN CHASE & CO | 9,704 | 41,566 |
| 366651107 GARTNER INC | 7,950 | 15,894 |
| 010199503 AKZO NOBEL NV-SPON A | 3,856 | 4,908 |
| 23381B106 DAIKIN INDUSTRIES-UN | 3,744 | 7,089 |
| 023135106 AMAZON COM INC COM | 31,692 | 47,549 |
| 29275Y102 ENERSYS | 1,177 | 3,669 |
| 60786M105 MOELIS & CO | 5,751 | 15,123 |
| 14808P109 CASS INFORMATION SYS | 2,002 | 2,408 |
| 483007704 KAISER ALUMINUM CORP | 3,540 | 5,973 |
| 084423102 BERKLEY W R CORP | 2,384 | 14,585 |
| 433578507 HITACHI LIMITED - AD | 3,646 | 16,692 |
| 989825104 ZURICH INSURANCE GRO | ||
| 29084Q100 EMCOR GROUP INC COM | 3,472 | 32,425 |
| 099406100 BOOT BARN HOLDINGS I | 528 | 4,235 |
| 04911A107 ATLANTIC UNION BANKS | 4,890 | 5,048 |
| 302081104 EXLSERVICE HOLDINGS | 1,038 | 3,735 |
| 25243Q205 DIAGEO PLC - ADR | ||
| 771195104 ROCHE HOLDINGS LTD - | 8,436 | 20,525 |
| 670100205 NOVO NORDISK A/S - A | 2,329 | 5,342 |
| 502441306 LVMH MOET HENNESSY U | 7,067 | 13,422 |
| 493732101 K.FORCE, INC. | 3,082 | 2,690 |
| 902788108 UMB FINL CORP COM | 1,781 | 3,221 |
| 501173207 KUBOTA LIMITED - ADR | ||
| 87155N109 SYMRISE AG ADR | 2,338 | 6,982 |
| 87873R101 TECHTRONIC INDUSTRIE | 1,757 | 5,528 |
| 40415F101 HDFC BANK LTD. - ADR | 5,395 | 15,566 |
| 142339100 CARLISLE COS INC | 8,253 | 17,912 |
| 037833100 APPLE INC | 4,239 | 86,723 |
| 02079K107 ALPHABET INC CL C | 14,429 | 107,320 |
| 860372101 STEWART INFORMATION | 2,287 | 4,216 |
| 500643200 KORN FERRY | 2,722 | 4,357 |
| 20825C104 CONOCOPHILLIPS | ||
| 165303108 CHESAPEAKE UTILS COR | 2,741 | 3,618 |
| 174610105 CITIZENS FINANCIAL G | 11,357 | 24,007 |
| 08160H101 BENCHMARK ELECTRS IN | 2,029 | 4,019 |
| 566324109 MARCUS & MILLICHAP I | 4,467 | 3,848 |
| 032095101 AMPHENOL CORP CL A | 36,822 | 57,164 |
| 37637Q105 GLACIER BANCORP INC | 1,629 | 5,330 |
| 110448107 BRITISH AMERICAN TOB | 7,997 | 10,814 |
| 115637209 BROWN FORMAN CORP CL | ||
| 48667L106 KDDI CORP-UNSPONSORE | 4,181 | 10,599 |
| 02263T104 AMADEUS IT GROUP S.A | 7,853 | 12,196 |
| 451107106 IDACORP INC | 3,486 | 4,430 |
| 009126202 AIR LIQUIDE - ADR | ||
| 606822104 MITSUBISHI UFJ FINL | ||
| 83404D109 SOFTBANK GROUP CORP- | ||
| G0450A105 ARCH CAPITAL GROUP L | 6,387 | 36,546 |
| 256746108 DOLLAR TREE INC | ||
| 587376104 MERCANTILE BANK CORP | 1,392 | 2,501 |
| 126402106 CSW INDUSTRIALS INC | 844 | 3,816 |
| 258278100 DORMAN PRODUCTS INC | 1,826 | 2,957 |
| 38141G104 GOLDMAN SACHS GROUP | ||
| 22160K105 COSTCO WHOLESALE COR | 6,139 | 28,457 |
| 126501105 CTS CORP | 1,651 | 2,615 |
| 81783H105 SEVEN & I HOLDINGS C | 2,236 | 3,502 |
| 001317205 AIA GROUP LTD-SP ADR | 3,769 | 6,237 |
| 254543101 DIODES INC | 3,795 | 3,750 |
| 09227Q100 BLACKBAUD INC | 3,102 | 3,419 |
| 693718108 PACCAR INC | 10,880 | 20,588 |
| 05350V106 AVANOS MEDICAL INC | ||
| 670346105 NUCOR CORP | ||
| 45826H109 INTEGER HOLDINGS COR | 4,359 | 4,078 |
| 359590304 FUJITSU LIMITED - AD | 6,826 | 12,485 |
| 55306N104 MKS INC | 10,580 | 17,418 |
| 703343103 PATRICK INDUSTRIES I | 1,204 | 3,578 |
| 78445W306 SMC CORP-SPONSORED A | ||
| 038222105 APPLIED MATERIALS IN | ||
| 50187T106 LGI HOMES INC | ||
| 811707801 SEACOAST BANKING COR | 4,817 | 5,153 |
| 172967424 CITIGROUP INC. | 20,817 | 34,073 |
| 37827X100 GLENCORE PLC-UNSP AD | 6,741 | 8,438 |
| 868459108 SUPERNUS PHARMACEUTI | ||
| 29355X107 ENPRO INC | 2,565 | 5,996 |
| 11135F101 BROADCOM INC | 16,700 | 89,294 |
| 665531307 NORTHERN OIL AND GAS | 5,043 | 4,315 |
| 80105N105 SANOFI-ADR | 9,849 | 10,613 |
| 89151E109 TOTALENERGIES SE -SP | ||
| 125269100 CF INDS HLDGS INC | 20,861 | 19,335 |
| 05589G102 BALDWIN INSURANCE GR | 2,031 | 2,091 |
| 595017104 MICROCHIP TECHNOLOGY | 10,812 | 10,641 |
| 006739106 ADDUS HOMECARE CORP | 3,650 | 4,510 |
| 928254101 VIRTU FINANCIAL INC | 30,534 | 27,889 |
| 113004105 BROOKFIELD ASSET MAN | 7,426 | 11,631 |
| 767204100 RIO TINTO PLC - ADR | 7,816 | 8,643 |
| 526057104 LENNAR CORPORATION C | ||
| 54211N101 LONDON STOCK EXCHG-U | ||
| 980228308 WOODSIDE ENERGY GROU | ||
| 639057207 NATWEST GROUP PLC AD | 6,858 | 20,878 |
| 007973100 ADVANCED ENERGY INDS | 2,653 | 6,700 |
| 885160101 THOR INDS INC | 11,897 | 13,142 |
| 91324P102 UNITEDHEALTH GROUP I | ||
| 59410T106 MICHELIN (CGDE) ADR | 4,569 | 5,010 |
| 68621T102 ORIGIN BANCORP INC | 3,144 | 3,159 |
| 339750101 FLOOR & DECOR HOLDIN | 13,884 | 11,447 |
| 609027107 MONARCH CASINO AND R | 2,585 | 3,924 |
| 739276103 POWER INTERGRATIONS | 4,151 | 2,346 |
| 12637N204 CSL LTE-SPONSORED AD | 6,878 | 4,493 |
| 194014502 ENOVIS CORP | 5,441 | 3,090 |
| 204319107 COMPAGNIE FINANCIERE | 6,617 | 9,150 |
| 26875P101 EOG RESOURCES, INC | 22,667 | 19,322 |
| 31946M103 FIRST CTZNS BANCSHAR | 19,814 | 27,900 |
| 35137L105 FOX CORP | 18,661 | 39,458 |
| 423012301 HEINEKEN N V ADR | ||
| 450737101 IBERDROLA S.A.ADA AD | ||
| 45857P806 INTERCONTINENTAL HOT | 1,794 | 3,521 |
| 46120E602 INTUITIVE SURGICAL I | ||
| 482480100 KLA CORP | 19,302 | 42,528 |
| 531229755 LIBERTY MEDIA CORP-L | 9,514 | 15,368 |
| 62945V109 NV5 GLOBAL INC | ||
| 654445303 NINTENDO CO., LTD. - | ||
| 78454L100 SM ENERGY CO | ||
| 829214105 SIMULATIONS PLUS INC | 3,184 | 2,188 |
| 892331307 TOYOTA MOTOR CORPORA | 5,232 | 5,994 |
| 925550105 VIAVI SOLUTIONS INC | 2,366 | 4,188 |
| 941848103 WATERS CORP | 10,015 | 13,674 |
| G54950103 NEW LINDE PLC | 9,206 | 14,924 |
| V7780T103 ROYAL CARRIBEAN CRUI | ||
| 005098108 ACUSHNET HOLDINGS CO | 2,442 | 3,831 |
| 03073E105 CENCORA INC | 18,375 | 37,490 |
| 011311107 ALAMO GROUP INC COM | 4,359 | 3,693 |
| 040413205 ARISTA NETWORKS INC | 10,481 | 49,005 |
| 043436104 ASBURY AUTOMOTIVE GR | 10,245 | 9,999 |
| 046353108 ASTRAZENECA PLC ADR | ||
| 059460303 BANCO BRADESCO S A A | 4,231 | 4,938 |
| 06738E204 BARCLAYS PLC - ADR | 10,293 | 19,597 |
| 13961R100 CAPGEMINI SE - UNSPO | ||
| 192576106 COHU INC | 4,130 | 3,723 |
| 194162103 COLGATE PALMOLIVE CO | ||
| 229899109 CULLEN FROST BANKERS | 4,618 | 5,572 |
| 23381D102 DAIICHI SANKYO CO-SP | 7,951 | 6,117 |
| 23804L103 DATADOG INC | ||
| 24703L202 DELL TECHNOLOGIES -C | 27,548 | 31,092 |
| 25278X109 DIAMONDBACK ENERGY I | ||
| 296315104 ESCO TECHNOLOGIES IN | 3,291 | 6,252 |
| 30161Q104 EXELIXIS INC | 22,032 | 33,179 |
| 368736104 GENERAC HOLDINGS INC | ||
| 384109104 GRACO INC | 4,678 | 4,672 |
| 456837103 ING GROEP N.V. - ADR | 2,115 | 3,332 |
| 45841N107 INTERACTIVE BROKERS | 17,222 | 35,306 |
| 504922105 LABCORP HOLDINGS INC | 5,737 | 16,056 |
| 516806205 VITAL ENERGY INC | ||
| 525327102 LEIDOS HOLDINGS, INC | 23,405 | 27,240 |
| 536797103 LITHIA MOTORS INC CL | 10,556 | 10,967 |
| 53815P108 LIVERAMP HOLDINGS IN | 3,595 | 3,524 |
| 606776201 MITSUBISHI ELECTRIC- | 5,785 | 8,700 |
| 64110L106 NETFLIX INC | 26,886 | 41,254 |
| 679295105 OKTA INC | 20,333 | 23,087 |
| 690742101 OWENS CORNING INC | 30,346 | 18,129 |
| 72352L106 PINTEREST INC | 29,091 | 23,508 |
| 747525103 QUALCOMM INC | 25,176 | 25,658 |
| 75972B101 RENESAS ELECTRONICS | ||
| 824551105 SHIN-ETSU CHEMICAL C | 5,000 | 4,294 |
| 87162W100 TD SYNNEX CORP | 30,931 | 38,158 |
| 879360105 TELEDYNE TECHNOLOGIE | 10,627 | 13,279 |
| 90138F102 TWILIO INC | 14,438 | 33,853 |
| 910047109 UNITED AIRLINES HOLD | 19,232 | 43,945 |
| N72482149 QIAGEN NV | ||
| 020002101 ALLSTATE CORP | 35,232 | 35,594 |
| 049255706 ATLAS COPCO AB ADR | 5,935 | 6,340 |
| 049468101 ATLASSIAN CORP PLC | 34,441 | 27,726 |
| 07724U103 BEIERSDORF AG-UNSPON | 1,151 | 1,153 |
| 09073M104 BIO-TECHNE CORP | 8,520 | 8,351 |
| 110122108 BRISTOL MYERS SQUIBB | 32,095 | 37,165 |
| 16411R208 CHENIERE ENERGY INC | 24,990 | 20,994 |
| 20603L102 CONCENTRA GROUP HOLD | 2,892 | 2,558 |
| 207410101 CONMED CORP | 2,858 | 2,517 |
| 22266T109 COUPANG INC | 2,114 | 1,722 |
| 243537107 DECKERS OUTDOOR CORP | 36,333 | 33,174 |
| 256677105 DOLLAR GENERAL CORP | 35,451 | 34,387 |
| 268780103 E.ON SE - SPONSORED | 3,067 | 3,258 |
| 28176E108 EDWARDS LIFESCIENCES | 35,850 | 35,379 |
| 294268107 EPLUS INC | 2,678 | 3,157 |
| 296036304 ERSTE GROUP BANK AG- | 3,565 | 4,638 |
| 405552100 HALEON PLC ADR | 6,409 | 6,521 |
| 458334109 INTER PARFUMS INC | 2,843 | 2,290 |
| 49714P108 KINSALE CAPITAL GROU | 9,213 | 7,431 |
| 512807306 LAM RESH CORP | 35,804 | 35,263 |
| 524671104 LEGRAND SA-UNSP ADR | 3,968 | 3,884 |
| 537008104 LITTELFUSE INC COM | 1,913 | 3,035 |
| 54211Y107 LONDON STOCK EXCHANG | 8,772 | 10,822 |
| 553498106 MSA SAFETY INC | 7,067 | 7,046 |
| 580589109 MCGRATH RENTCORP | 2,125 | 2,099 |
| 58506Q109 MEDPACE HOLDINGS INC | 9,536 | 18,534 |
| 60687Y109 MIZUHO FINL GROUP IN | 9,500 | 9,933 |
| 61174X109 MONSTER BEVERAGE COR | 25,698 | 31,741 |
| 62473G102 MTU AERO ENGINES-UNS | 2,994 | 2,918 |
| 636274409 NATIONAL GRID PLC-SP | 11,061 | 11,912 |
| 67059N108 NUTANIX INC | 36,916 | 24,811 |
| 714264306 PERNOD RICARD SA ADR | 7,543 | 6,260 |
| 74112D101 PRESTIGE CONSUMER HE | 3,957 | 3,146 |
| 780641205 KONINKLIJKE KPN N.V. | 4,332 | 4,375 |
| 803054204 SAP SE ADR | 2,853 | 2,429 |
| 81764X103 SERVICETITAN INC | 7,057 | 8,094 |
| 82674R103 SIKA AG-BR-ADR | 3,656 | 2,799 |
| 831865209 SMITH A O CORP CL B | 9,690 | 9,631 |
| 835699307 SONY GROUP CORP - SP | 8,695 | 8,730 |
| 86959X107 SUZUKI MOTOR CORP-UN | 2,238 | 2,957 |
| 88033G407 TENET HEALTHCARE COR | 21,958 | 32,391 |
| 883219206 THALES SA ADR | 3,108 | 2,810 |
| 889110102 TOKYO ELECTRON LTD-U | 5,262 | 5,444 |
| 891160509 TORONTO DOMINION BK | 9,648 | 10,550 |
| 90353T100 UBER TECHNOLOGIES IN | 24,643 | 26,147 |
| 90384S303 ULTA BEAUTY INC | 21,429 | 35,091 |
| 918090101 UTZ BRANDS INC | 2,874 | 2,232 |
| 91913Y100 VALERO ENERGY CORP | 36,332 | 36,302 |
| 93148P102 WALKER & DUNLOP INC | 2,761 | 2,045 |
| 977874205 WOLTERS KLUWER NV - | 4,946 | 2,900 |
| F92124100 TOTALENERGIES SE | 9,361 | 11,972 |
| G0403H108 AON PLC | 3,677 | 3,529 |
| G4253H101 JAMES HARDIE INDUSTR | 4,418 | 3,631 |
| N72482206 QIAGEN NV | 4,711 | 4,317 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 008492100 AGREE RLTY CORP COM | |||
| 867892101 SUNSTONE HOTEL INVS | AT COST | 3,706 | 3,147 |
| 14174T107 CARETRUST REIT INC-W | AT COST | 1,536 | 2,242 |
| 64119V303 NETSTREIT CORP | AT COST | 2,611 | 2,928 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - PRINCIPAL (ALLOCA | 1,195 | 1,195 |
| Description | Amount |
|---|---|
| CY PURCHASE OF ACCRUED INTEREST | 294 |
| ROC ON CY SALES | 28 |
| PY RETURN OF CAPITAL ADJUSTMENT | 446 |
| COST BASIS ADJUSTMENT | 41 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES - ADR FEES | 719 | 719 | 0 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING ADJ | 19 |
| PY PURCHASE OF ACCRUED INTEREST | 429 |
| CY PENDING SALES | 83 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMNT MNGMNT FEES (NON-DED | 10,927 | 10,927 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 2,489 | 2,489 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 1,989 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 4,175 | 0 | 0 |