| MSFT Microsoft Corp. | 6.15% | 52,500 | $25.4M | No change |
| NOC Northrop Grumman Corp. | 5.54% | 40,093 | $22.9M | No change |
| ABBV Abbvie Inc. | 5.12% | 92,500 | $21.1M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 4.52% | 63,000 | $18.7M | Reduce -13.7% |
| CVX Chevron Corp. | 4.40% | 119,240 | $18.2M | No change |
| LMT Lockheed Martin Corp. | 4.29% | 36,600 | $17.7M | No change |
| DUK Duke Energy Corp. | 4.27% | 150,166 | $17.6M | No change |
| RTX RTX Corp. | 4.16% | 93,662 | $17.2M | No change |
| JNJ Johnson & Johnson | 3.76% | 75,000 | $15.5M | No change |
| AVAV Aerovironment Inc. | 3.52% | 60,000 | $14.5M | No change |
| PFE Pfizer Inc. | 3.38% | 560,000 | $13.9M | Add +40.0% |
| XOM Exxon Mobil Corp. | 3.35% | 115,000 | $13.8M | No change |
| RIO Rio Tinto PLC-Spon ADR | 2.52% | 130,000 | $10.4M | No change |
| FCX Freeport-McMoran Inc. | 2.46% | 200,000 | $10.2M | No change |
| BMY Bristol-Myers Squibb Co. | 2.22% | 170,000 | $9.2M | No change |
| DELL Dell Technologies -C | 2.14% | 70,000 | $8.8M | Reduce -22.2% |
| KTOS Kratos Defense & Security | 2.02% | 110,000 | $8.3M | Reduce -36.7% |
| CVS CVS Health Corp. | 1.92% | 100,000 | $7.9M | Reduce -52.4% |
| LHX L3HARRIS Technologies Inc. | 1.71% | 24,000 | $7.0M | No change |
| BP BP PLC-Spons ADR | 1.68% | 200,000 | $6.9M | Reduce -13.0% |
| GD General Dynamics Corp. | 1.63% | 20,000 | $6.7M | No change |
| AIR Aar Corp. | 1.61% | 80,000 | $6.6M | Reduce -15.8% |
| FLNC Fluence Energy Inc. | 1.58% | 330,000 | $6.5M | Reduce -13.2% |
| D Dominion Energy Inc. | 1.56% | 110,000 | $6.4M | No change |
| WMT Walmart Inc. | 1.49% | 55,000 | $6.1M | Reduce -47.6% |
| KMI Kinder Morgan Inc. | 1.33% | 200,000 | $5.5M | No change |
| PSX Phillips 66 | 1.33% | 42,500 | $5.5M | No change |
| T AT&T Inc. | 1.32% | 220,000 | $5.5M | No change |
| COP Conocophillips | 1.25% | 55,000 | $5.1M | No change |
| ABT Abbott Laboratories | 1.21% | 40,000 | $5.0M | No change |
| EPD Enterprise Products Partners | 1.17% | 150,000 | $4.8M | No change |
| VZ Verizon Communications Inc. | 1.16% | 118,000 | $4.8M | No change |
| FLR Fluor Corp. | 1.06% | 110,000 | $4.4M | No change |
| MKL Markel Group Inc. | 1.04% | 2,000 | $4.3M | No change |
| ENB Enbridge Inc. | 0.89% | 76,720 | $3.7M | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.88% | 60,000 | $3.6M | No change |
| ARKG ARK Genomic Revolution ETF | 0.84% | 120,000 | $3.5M | New |
| AMZN Amazon.com Inc. | 0.84% | 15,000 | $3.5M | No change |
| SMR Nuscale Power Corp. | 0.80% | 232,890 | $3.3M | Add +34.7% |
| VLO Valero Energy Corp. | 0.79% | 20,000 | $3.3M | No change |
| WMB Williams Cos Inc. | 0.73% | 50,000 | $3.0M | Reduce -54.5% |
| CP Canadian Pacific Kansas City | 0.72% | 40,300 | $3.0M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.70% | 5,000 | $2.9M | Reduce -44.4% |
| KHC The Kraft Heinz Co. | 0.59% | 100,000 | $2.4M | Add +25.0% |
| RDW Redwire Corp. | 0.55% | 300,000 | $2.3M | No change |
| BCX BlackRock Resources & Commod | 0.54% | 204,174 | $2.2M | No change |
| LIT Global X Lithium & Battery T | 0.47% | 30,000 | $1.9M | No change |
| SO The Southern Co. | 0.42% | 20,000 | $1.7M | No change |
| ENS Enersys | 0.36% | 10,000 | $1.5M | Reduce -74.6% |
| CPB The Campbell's Company | 0.30% | 45,000 | $1.3M | Add +200.0% |
| TEM Tempus AI Inc. Class A | 0.29% | 20,000 | $1.2M | New |
| ARKX ARK Space & Defense Innovati | 0.28% | 40,000 | $1.2M | No change |
| NTLA Intellia Therapeutics Inc. | 0.22% | 100,000 | $899K | New |
| IRDM Iridium Communications Inc. | 0.17% | 40,000 | $695K | No change |
| PSN Parsons Corp. | 0.15% | 10,000 | $618K | No change |
| NNE Nano Nuclear Energy Inc. | 0.15% | 25,000 | $600K | No change |
| TRP TC Energy Corp. | 0.13% | 10,000 | $550K | No change |
| ASPI Asp Isotopes Inc. | 0.13% | 100,000 | $535K | Add +233.3% |
| E Eni SPA-Sponsored ADR | 0.09% | 10,000 | $379K | No change |
| FLY Firefly Aerospace Inc. | 0.05% | 10,000 | $224K | No change |
| EVEX Eve Holding Inc. filed as EVE HLDG INC | 0.01% | 10,000 | $40K | No change |