| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 001744101 AMN HEALTHCARE SERVI | 21,505 | 5,926 |
| 005098108 ACUSHNET HOLDINGS CO | 12,143 | 17,401 |
| 006739106 ADDUS HOMECARE CORP | 18,749 | 20,404 |
| 00783V104 ADYEN NV-UNSPON ADR | 15,965 | 20,537 |
| 007973100 ADVANCED ENERGY INDS | 13,360 | 29,940 |
| 008492100 AGREE RLTY CORP REIT | ||
| 046353108 ASTRAZENECA PLC | 18,506 | 23,442 |
| 04911A107 ATLANTIC UNION BANKS | 22,868 | 22,874 |
| 049468101 ATLASSIAN CORP CL A | ||
| 05350V106 AVANOS MEDICAL INC | ||
| 05523R107 BAE SYSYTEMS PLC | 24,590 | 39,381 |
| 05589G102 THE BALDWIN INSURANC | 10,982 | 9,324 |
| 057665200 BALCHEM CORP CL B | 15,142 | 17,943 |
| 08160H101 BENCHMARK ELECT | 12,184 | 17,916 |
| 09227Q100 BLACKBAUD INC | 16,223 | 15,893 |
| 099406100 BOOT BARN HOLDINGS I | 7,016 | 19,059 |
| 126402106 CSW INDUSTRIALS INC | 9,042 | 17,905 |
| 126501105 CTS CORP | 12,177 | 12,132 |
| 136385101 CANADIAN NATURAL RES | 13,980 | 14,691 |
| 13646K108 CANADIAN PACIFIC KAN | 23,859 | 22,531 |
| 14808P109 CASS INFORMATION SYS | 12,062 | 10,878 |
| 165303108 CHESAPEAKE UTILITIES | 15,442 | 16,094 |
| 194014502 ENOVIS CORP | 24,543 | 14,013 |
| 20449X401 COMPASS GROUP PLC-SP | ||
| 254543101 DIODES INC | 23,356 | 17,368 |
| 258278100 DORMAN PRODUCTS INC | 9,779 | 13,181 |
| 29275Y102 ENERSYS | 9,453 | 17,170 |
| 29355X107 ENPRO INC | 13,853 | 26,980 |
| 302081104 EXLSERVICE HOLDINGS | 12,864 | 16,934 |
| 30215C101 EXPERIAN PLC | 11,287 | 14,319 |
| 353514102 FRANKLIN ELECTRIC IN | 11,888 | 13,565 |
| 44925C103 ICF INTERNATIONAL IN | 20,830 | 17,998 |
| 45104G104 ICICI BANK LTD | 13,957 | 18,893 |
| 451107106 IDACORP INC | 17,062 | 19,743 |
| 45826H109 INTEGER HOLDINGS COR | 16,692 | 18,039 |
| 483007704 KAISER ALUMINUM CORP | 18,595 | 27,337 |
| 493732101 K.FORCE INC | 20,690 | 12,213 |
| 500643200 KORN FERRY | 15,672 | 19,212 |
| 50187T106 LGI HOMES INC | ||
| 566324109 MARCUS & MILLICHAP I | 21,594 | 17,411 |
| 58733R102 MERCADOLIBRE INC | 10,877 | 16,114 |
| 587376104 MERCANTILE BANK CORP | 8,826 | 11,400 |
| 60786M105 MOELIS & CO | 15,470 | 25,021 |
| 609027107 MONARCH CASINO & RES | 14,712 | 17,705 |
| 62945V109 NV5 HOLDINGS INC | ||
| 665531307 NORTHERN OIL AND GAS | 19,244 | 13,805 |
| 670100205 NOVO NORDISK A S | 17,636 | 13,229 |
| 681116109 OLLIE'S BARGAIN OUTL | 6,249 | 11,838 |
| 68621T102 ORIGIN BANCORP INC | 13,166 | 14,141 |
| 703343103 PATRICK INDUSTRIES I | 6,520 | 16,048 |
| 739276103 POWER INTEGRATIONS I | 20,558 | 10,946 |
| 78454L100 SM ENERGY COMPANY | ||
| 786584102 SAFRAN SA | 18,974 | 35,429 |
| 80687P106 SCHNEIDER ELECTRIC S | ||
| 811707801 SEACOAST BANKING COR | 21,459 | 23,282 |
| 816300107 SELECTIVE INSURANCE | 22,568 | 21,085 |
| 829214105 SIMULATIONS PLUS INC | 14,026 | 9,862 |
| 840441109 SOUTHSTATE CORPORATI | ||
| 860372101 STEWART INFORMATION | 13,144 | 19,040 |
| 867892101 SUNSTONE HOTEL INVS | 14,784 | 14,170 |
| 868459108 SUPERNUS PHARMACEUTI | ||
| 902788108 UMB FINL CORP | 10,437 | 14,495 |
| 925550105 VIAVI SOLUTIONS INC | 11,090 | 18,729 |
| 94106B101 WASTE CONNECTIONS IN | 10,188 | 13,152 |
| G037AX101 AMBARELLA INC | 6,368 | 7,792 |
| G0403H108 AON PLC/IRELAND-A | 11,978 | 13,409 |
| G0450A105 ARCH CAPITAL GROUP L | 17,393 | 24,076 |
| G4705A100 ICON PLC SEDOL B94G4 | ||
| G54950103 NEW LINDE PLC | 15,178 | 19,614 |
| G8473T100 STERIS PLC SEDOL BFY | ||
| H42097107 UBS GROUP AG | 17,128 | 25,100 |
| N07045102 ASM INTERNATIONAL N | 8,469 | 16,293 |
| N07059210 ASML HOLDING NV-NY | 23,127 | 37,445 |
| N3167Y103 FERRARI NV - W/I | 9,514 | 14,413 |
| 011311107 ALAMO GROUP INC | 19,832 | 16,283 |
| 14174T107 CARETRUST REIT INC-W | 7,026 | 10,161 |
| 192576106 COHU INC | 18,985 | 16,847 |
| 22266T109 COUPANG INC | 19,171 | 20,830 |
| 296315104 ESCO TECHNOLOGIES IN | 17,493 | 29,113 |
| 31488V107 FERGUSON ENTERPRISES | 21,227 | 18,924 |
| 516806205 VITAL ENERGY INC | ||
| 53815P108 LIVERAMP HOLDINGS IN | 16,727 | 16,388 |
| 58533E103 MEITUAN UNSP ADR | ||
| 606793404 MITSUBISHI HEAVY IND | 19,027 | 36,442 |
| 64119V303 NETSTREIT CORP | 11,723 | 13,107 |
| 775781206 ROLLS-ROYCE HOLDINGS | 26,890 | 55,004 |
| 803054204 SAP SE SPONSORED ADR | 31,679 | 31,335 |
| 81141R100 SEA LTD-ADR | 22,437 | 39,036 |
| 82621A104 SIEMENS ENERGY AG-UN | 27,130 | 73,158 |
| 874039100 TAIWAN SEMICONDUCTOR | 31,505 | 66,248 |
| 88579N105 3I GROUP PLC-UNSPON | 22,335 | 24,198 |
| G6683N103 NU HOLDINGS LTD/CAYM | 15,785 | 22,800 |
| L8681T102 SPOTIFY TECHNOLOGY S | 13,303 | 26,132 |
| M7S64H106 MONDAY.COM LTD | 15,466 | 10,182 |
| 20603L102 CONCENTRA GROUP HOLD | 11,941 | 10,470 |
| 207410101 CONMED CORP | 10,511 | 9,094 |
| 251542106 DEUTSCHE BOERSE AG | 18,538 | 15,117 |
| 294268107 EPLUS INC | 12,402 | 14,471 |
| 458334109 INTERPARFUMS INC | 12,739 | 10,519 |
| 537008104 LITTELFUSE INC | 8,973 | 13,911 |
| 580589109 MCGRATH RENTCORP | 9,640 | 9,549 |
| 654445303 NINTENDO LTD | 25,140 | 21,749 |
| 718172109 PHILIP MORRIS INTERN | 38,933 | 35,448 |
| 74112D101 PRESTIGE CONSUMER HE | 17,485 | 14,682 |
| 76206K107 RHEINMETALL AG-UNSP | 14,530 | 14,255 |
| 82509L107 SHOPIFY INC - A W/I | 21,808 | 20,282 |
| 88032Q109 TENCENT HOLDINGS LTD | 23,458 | 26,104 |
| 918090101 UTZ BRANDS INC | 12,928 | 10,380 |
| 93148P102 WALKER & DUNLOP INC | 12,856 | 9,323 |
| G7997R103 SEAGATE TECHNOLOGY H | 22,039 | 27,539 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 464287234 ISHARES MSCI EMERGIN | AT COST | 600,665 | 791,490 |
| 464287200 ISHARES CORE S&P 500 | AT COST | 4,749,626 | 7,859,687 |
| 464288877 ISHARES MSCI EAFE VA | AT COST | 790,597 | 1,198,188 |
| 46432F842 ISHARES CORE MSCI EA | AT COST | 1,411,298 | 1,986,191 |
| 97717X669 WISDOMTREE U.S. QUAL | AT COST | 528,235 | 780,366 |
| 09250J734 BLACKROCK EVENT DRIV | AT COST | 550,348 | 583,237 |
| 09260B382 BLACKROCK STRATEGIC | AT COST | 741,247 | 776,107 |
| 464287507 ISHARES CORE S&P MID | AT COST | 991,965 | 1,175,394 |
| 464288661 ISHARES 3 TO 7 YEAR | AT COST | 945,757 | 962,916 |
| 46429B747 ISHARES BARCLAYS 0-5 | AT COST | 740,521 | 772,123 |
| 77958B402 T ROWE PRICE INSTITU | AT COST | 576,331 | 583,915 |
| Description | Amount |
|---|---|
| ROC ON CY SALES | 36 |
| PY RETURN OF CAPITAL ADJUSTMENT | 824 |
| ROUNDING | 12 |
| ADJUSTMENT TO INCOME | 12 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES-DIVIDEND I | 564 | 564 | 0 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING ADJ | 508 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 8,154 | 8,154 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 7,155 | 7,155 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 1,782 | 0 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 3,251 | 3,251 | 0 |