| GOOGL Alphabet Inc. Class A | 8.20% | 105,100 | $19.9M | No change |
| XOM Exxon Mobil Corp. | 7.13% | 160,800 | $17.3M | No change |
| AMAT Applied Materials Inc. | 6.23% | 92,836 | $15.1M | No change |
| MRVL Marvell Technology Inc. | 5.96% | 130,800 | $14.4M | No change |
| GS Goldman Sachs Group Inc. | 5.48% | 23,200 | $13.3M | No change |
| APP AppLovin Corp. Class A | 4.26% | 31,937 | $10.3M | Reduce -6.4% |
| QCOM Qualcomm Inc. | 3.72% | 58,650 | $9.0M | No change |
| CI The Cigna Group | 3.50% | 30,710 | $8.5M | No change |
| META Meta Platforms Inc. Class A | 3.36% | 13,907 | $8.1M | No change |
| BMY Bristol-Myers Squibb Co. | 3.10% | 132,800 | $7.5M | No change |
| WFC Wells Fargo & Co. | 3.08% | 106,400 | $7.5M | No change |
| VZ Verizon Communications Inc. | 2.87% | 173,750 | $6.9M | No change |
| MU Micron Technology Inc. | 2.82% | 81,300 | $6.8M | No change |
| IWM iShares Russell 2000 ETF | 2.71% | 29,705 | $6.6M | Add +17.4% |
| OVV Ovintiv Inc. | 2.67% | 159,925 | $6.5M | No change |
| TSM Taiwan Semiconductor-SP ADR | 2.54% | 31,150 | $6.2M | No change |
| ONON On Holding AG Class A filed as ON HLDG AG | 2.28% | 101,100 | $5.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.13% | 117,500 | $5.2M | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 2.04% | 129,000 | $4.9M | No change |
| SPSM SS SPDR P S&P 600 Small Cap | 1.92% | 103,485 | $4.6M | New |
| ALSN Allison Transmission Holding | 1.88% | 42,290 | $4.6M | No change |
| AMD Advanced Micro Devices | 1.85% | 37,100 | $4.5M | No change |
| DD Dupont DE Nemours Inc. | 1.70% | 53,940 | $4.1M | No change |
| PYPL PayPal Holdings Inc. | 1.66% | 47,100 | $4.0M | No change |
| GPN Global Payments Inc. | 1.65% | 35,650 | $4.0M | No change |
| LAD Lithia Motors Inc. | 1.59% | 10,759 | $3.8M | No change |
| EG Everest Group Ltd. | 1.16% | 7,740 | $2.8M | No change |
| MTN Vail Resorts Inc. | 1.13% | 14,648 | $2.7M | Add +24.1% |
| CHTR Charter Communications Inc. Class A | 1.08% | 7,657 | $2.6M | No change |
| CTSH Cognizant Tech Solutions-A | 1.04% | 32,799 | $2.5M | No change |
| TWLO Twilio Inc. Class A | 1.02% | 22,900 | $2.5M | New |
| NFLX Netflix Inc. | 0.97% | 2,650 | $2.4M | No change |
| FVRR Fiverr International Ltd. | 0.94% | 71,710 | $2.3M | No change |
| CONSOL ENERGY INC | 0.94% | 21,300 | $2.3M | No change |
| MTCH Match Group Inc. | 0.92% | 68,500 | $2.2M | No change |
| BTI British American Tob-SP ADR | 0.79% | 52,500 | $1.9M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 3,364 | $1.5M | No change |
| LDOS Leidos Holdings Inc. | 0.60% | 10,181 | $1.5M | No change |
| UNH Unitedhealth Group Inc. | 0.52% | 2,489 | $1.3M | No change |
| JPM JPMorgan Chase & Co. | 0.43% | 4,380 | $1.0M | No change |
| CLF Cleveland-Cliffs Inc. | 0.39% | 100,000 | $940K | Reduce -58.2% |
| ITRI Itron Inc. | 0.38% | 8,400 | $912K | New |
| SSTK Shutterstock Inc. | 0.35% | 27,885 | $846K | Reduce -43.5% |
| CACC Credit Acceptance Corp. | 0.24% | 1,220 | $573K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.17% | 4,900 | $415K | No change |