Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q1 2025 ▲▼ | Q2 2025 ▲▼ | Change ▲▼ | Q1 2025 ▲▼ | Q2 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| SPDR Portfolio Developed World ST STR PO EX ETF | 0 | 1,276,782 | +1,276,782 | 0 | 51,697 | 0.73% | +51,697 |
| American Water Works Co. Inc. | 535,169 | 875,483 | +340,314 | 78,948 | 121,788 | 1.72% | +42,840 |
| Nordson Corp.(NDSN) | 0 | 336,090 | +336,090 | 0 | 72,048 | 1.02% | +72,048 |
| Northern Trust Corp.(NTRS) | 0 | 1,184,610 | +1,184,610 | 0 | 150,197 | 2.12% | +150,197 |
| Oracle Corp.(ORCL) | 0 | 523,569 | +523,569 | 0 | 114,468 | 1.62% | +114,468 |
| iShares 0-3 Month Treasury Bon | 5,608,706 | 5,710,020 | +101,314 | 275,774 | 312,130 | 4.41% | +36,355 |
| Mondelez International Inc.(MDLZ) | 0 | 523,934 | +523,934 | 0 | 35,334 | 0.50% | +35,334 |
| iShares Barclays 10-20 Year Tr | 240,590 | 562,156 | +321,566 | 24,961 | 57,115 | 0.81% | +32,154 |
| ProShares S&P MidCap 400 Divid S&P MDCP 400 DIV | 0 | 300,181 | +300,181 | 0 | 24,475 | 0.35% | +24,475 |
| iShares 3-7 Year Treasury Bond | 47,213 | 249,390 | +202,177 | 5,578 | 29,700 | 0.42% | +24,122 |
| Analog Devices Inc.(ADI) | 0 | 625,895 | +625,895 | 0 | 148,975 | 2.10% | +148,975 |
| Brown-Forman Corp. - B(BF-A) | 0 | 1,381,966 | +1,381,966 | 0 | 37,189 | 0.53% | +37,189 |
| Microsoft Corp.(MSFT) | 0 | 165,187 | +165,187 | 0 | 82,165 | 1.16% | +82,165 |
| Carrier Global Corp.(CARR) | 0 | 236,283 | +236,283 | 0 | 17,294 | 0.24% | +17,294 |
| Invesco CurrencyShares Swiss F(FXF) | 0 | 143,339 | +143,339 | 0 | 16,025 | 0.23% | +16,025 |
| SPDR Portfolio Mortgage Backed ST STR BACKE ETF | 4,161,523 | 4,727,616 | +566,093 | 91,762 | 104,480 | 1.48% | +12,719 |
| Cisco Systems Inc.(CSCO) | 1,757,299 | 1,738,945 | -18,354 | 108,443 | 120,648 | 1.70% | +12,205 |
| Diageo plc(DEO) | 0 | 1,350,826 | +1,350,826 | 0 | 136,217 | 1.92% | +136,217 |
| SPDR S&P Dividend ETF ST STR SP DIV | 0 | 75,270 | +75,270 | 0 | 10,216 | 0.14% | +10,216 |
| Amphenol Corp. | 0 | 332,681 | +332,681 | 0 | 32,852 | 0.46% | +32,852 |
| Fastenal Co.(FAST) | 1,660,502 | 3,280,009 | +1,619,507 | 128,772 | 137,760 | 1.95% | +8,988 |
| SPDR Consumer Staples Select S ST STR STAPL ETF | 0 | 99,157 | +99,157 | 0 | 8,029 | 0.11% | +8,029 |
| U.S. Bancorp(USB) | 0 | 1,952,975 | +1,952,975 | 0 | 88,372 | 1.25% | +88,372 |
| Hershey Co.(HSY) | 699,426 | 764,392 | +64,966 | 119,623 | 126,851 | 1.79% | +7,228 |
| SPDR Portfolio S&P 500 Value E | 561,531 | 685,828 | +124,297 | 28,677 | 35,896 | 0.51% | +7,219 |
| Booking Holdings Inc.(BKNG) | 0 | 8,456 | +8,456 | 0 | 48,954 | 0.69% | +48,954 |
| Dollar Tree Inc.(DLTR) | 291,186 | 285,096 | -6,090 | 21,859 | 28,236 | 0.40% | +6,377 |
| NXP Semiconductors N.V. COM | 0 | 212,998 | +212,998 | 0 | 46,538 | 0.66% | +46,538 |
| Alphabet Inc.(GOOG) | 0 | 282,383 | +282,383 | 0 | 50,092 | 0.71% | +50,092 |
| SPDR S&P 400 Mid Cap Value ETF ST STR SP400VAL | 0 | 308,171 | +308,171 | 0 | 24,478 | 0.35% | +24,478 |
| SPDR Gold MiniShares Trust ETF(GLDM) | 0 | 525,606 | +525,606 | 0 | 34,438 | 0.49% | +34,438 |
| iShares Core S&P US Value ETF | 0 | 125,563 | +125,563 | 0 | 11,882 | 0.17% | +11,882 |
| Keysight Technologies Inc.(KEYS) | 0 | 333,369 | +333,369 | 0 | 54,626 | 0.77% | +54,626 |
| Martin Marietta Materials Inc.(MLM) | 0 | 62,458 | +62,458 | 0 | 34,287 | 0.48% | +34,287 |
| Vontier Corp.(VNT) | 0 | 458,954 | +458,954 | 0 | 16,935 | 0.24% | +16,935 |
| iShares National Muni Bond ETF | 18,415 | 58,057 | +39,642 | 1,942 | 6,066 | 0.09% | +4,124 |
| Gates Industrial Corp. plc ORD SHS | 0 | 982,926 | +982,926 | 0 | 22,637 | 0.32% | +22,637 |
| Lockheed Martin Corp.(LMT) | 0 | 300,098 | +300,098 | 0 | 138,988 | 1.96% | +138,988 |
| Stryker Corp.(SYK) | 0 | 232,582 | +232,582 | 0 | 92,017 | 1.30% | +92,017 |
| Walt Disney Co.(DIS) | 138,018 | 137,995 | -23 | 13,622 | 17,113 | 0.24% | +3,490 |
| T. Rowe Price Group Inc.(TROW) | 0 | 948,453 | +948,453 | 0 | 91,526 | 1.29% | +91,526 |
| Blackstone Secured Lending Fun(BXSL) | 0 | 185,700 | +185,700 | 0 | 5,710 | 0.08% | +5,710 |
| ResMed Inc.(RMD) | 0 | 115,063 | +115,063 | 0 | 29,686 | 0.42% | +29,686 |
| Paycom Software Inc.(PAYC) | 350,995 | 342,139 | -8,856 | 76,685 | 79,171 | 1.12% | +2,486 |
| Kinder Morgan Inc.(KMI) | 0 | 3,841,416 | +3,841,416 | 0 | 112,938 | 1.60% | +112,938 |
| S&P Global Inc.(SPGI) | 0 | 148,101 | +148,101 | 0 | 78,092 | 1.10% | +78,092 |
| NIKE Inc.(NKE) | 0 | 248,154 | +248,154 | 0 | 17,629 | 0.25% | +17,629 |
| iShares iBonds Dec 2029 Term M | 0 | 79,369 | +79,369 | 0 | 2,002 | 0.03% | +2,002 |
| iShares iBonds Dec 2028 Term M IBONDS DEC 28 | 0 | 98,908 | +98,908 | 0 | 2,513 | 0.04% | +2,513 |
| iShares 20Plus Year Treasury B | 27,667 | 46,097 | +18,430 | 2,519 | 4,068 | 0.06% | +1,550 |
| RLI Corp.(RLI) | 13,946 | 34,913 | +20,967 | 1,120 | 2,521 | 0.04% | +1,401 |
| Golub Capital BDC Inc.(GBDC) | 0 | 451,191 | +451,191 | 0 | 6,610 | 0.09% | +6,610 |
| Valvoline Inc.(VVV) | 506,205 | 498,862 | -7,343 | 17,621 | 18,892 | 0.27% | +1,271 |
| UFP Industries Inc(UFPI) | 0 | 12,686 | +12,686 | 0 | 1,260 | 0.02% | +1,260 |
| Sixth Street Specialty Lending(TSLX) | 251,416 | 288,066 | +36,650 | 5,627 | 6,859 | 0.10% | +1,232 |
| Morgan Stanley Direct Lending(MSDL) | 0 | 86,943 | +86,943 | 0 | 1,628 | 0.02% | +1,628 |
| General Dynamics Corp.(GD) | 84,424 | 82,310 | -2,114 | 23,012 | 24,007 | 0.34% | +994 |
| MidCap Financial Investment Co | 0 | 165,155 | +165,155 | 0 | 2,084 | 0.03% | +2,084 |
| iShares Russell 2000 Value ETF | 0 | 5,615 | +5,615 | 0 | 886 | 0.01% | +886 |
| Ecolab Inc.(ECL) | 108,874 | 105,654 | -3,220 | 27,602 | 28,467 | 0.40% | +866 |
| Glencore plc | 0 | 154,255 | +154,255 | 0 | 1,200 | 0.02% | +1,200 |
| SPDR Nuveen Barclays Capital S ST NUVE TERM ETF | 0 | 64,652 | +64,652 | 0 | 3,092 | 0.04% | +3,092 |
| Alamos Gold Inc. | 0 | 26,989 | +26,989 | 0 | 717 | 0.01% | +717 |
| Rheinmetall AG | 0 | 5,024 | +5,024 | 0 | 2,123 | 0.03% | +2,123 |
| Vulcan Materials Co.(VMC) | 0 | 2,682 | +2,682 | 0 | 700 | 0.01% | +700 |
| Aberdeen Standard Physical Pla | 0 | 6,783 | +6,783 | 0 | 833 | 0.01% | +833 |
| Graco Inc.(GGG) | 0 | 670,046 | +670,046 | 0 | 57,604 | 0.81% | +57,604 |
| Taiwan Semiconductor Manufactu(TSM) | 0 | 9,566 | +9,566 | 0 | 2,167 | 0.03% | +2,167 |
| Morningstar Inc.(MORN) | 0 | 60,980 | +60,980 | 0 | 19,143 | 0.27% | +19,143 |
| NexGen Energy Ltd(NXE) | 0 | 69,649 | +69,649 | 0 | 483 | 0.01% | +483 |
| Lundin Gold Inc. | 0 | 8,838 | +8,838 | 0 | 466 | 0.01% | +466 |
| Nintendo Co. Ltd. | 55,237 | 56,080 | +843 | 948 | 1,347 | 0.02% | +399 |
| Sandoz Group | 0 | 26,690 | +26,690 | 0 | 1,459 | 0.02% | +1,459 |
| Core Natural Resources Inc.(CNR) | 8,844 | 15,124 | +6,280 | 682 | 1,055 | 0.01% | +373 |
| RBC Bearings Inc.(RBC) | 0 | 9,286 | +9,286 | 0 | 3,573 | 0.05% | +3,573 |
| Main Street Capital Corp.(MAIN) | 0 | 129,985 | +129,985 | 0 | 7,682 | 0.11% | +7,682 |
| Donaldson Co. Inc.(DCI) | 0 | 312,679 | +312,679 | 0 | 21,684 | 0.31% | +21,684 |
| BAE Systems plc | 10,986 | 11,413 | +427 | 903 | 1,199 | 0.02% | +296 |
| Nebius Group N.V.(NBIS) | 0 | 5,230 | +5,230 | 0 | 289 | 0.00% | +289 |
| UFP Technologies Inc.(UFPT) | 0 | 10,024 | +10,024 | 0 | 2,447 | 0.03% | +2,447 |
| CyberArk Software Ltd. | 0 | 3,337 | +3,337 | 0 | 1,358 | 0.02% | +1,358 |
| Haemonetics Corp.(HAE) | 42,722 | 39,857 | -2,865 | 2,715 | 2,974 | 0.04% | +259 |
| Safran S.A. | 14,960 | 15,248 | +288 | 991 | 1,245 | 0.02% | +255 |
| Agnico Eagle Mines Ltd.(AEM) | 20,218 | 20,390 | +172 | 2,192 | 2,425 | 0.03% | +233 |
| Grupo Financiero Banorte S.A.B | 0 | 4,914 | +4,914 | 0 | 225 | 0.00% | +225 |
| Charles River Laboratories Int(CRL) | 0 | 97,226 | +97,226 | 0 | 14,752 | 0.21% | +14,752 |
| AerCap Holdings N.V.(AER) | 0 | 11,627 | +11,627 | 0 | 1,360 | 0.02% | +1,360 |
| FS KKR Capital Corp.(FSK) | 185,799 | 197,748 | +11,949 | 3,892 | 4,103 | 0.06% | +211 |
| Hong Kong Exchanges and Cleari | 0 | 3,862 | +3,862 | 0 | 208 | 0.00% | +208 |
| Credicorp Ltd.(BAP) | 0 | 898 | +898 | 0 | 201 | 0.00% | +201 |
| Curtiss-Wright Corp.(CW) | 0 | 1,160 | +1,160 | 0 | 567 | 0.01% | +567 |
| Shopify Inc.(SHOP) | 0 | 8,366 | +8,366 | 0 | 965 | 0.01% | +965 |
| SAP S.E.(SAP) | 4,678 | 4,739 | +61 | 1,256 | 1,441 | 0.02% | +185 |
| JBS N.V.(JBS) | 0 | 12,526 | +12,526 | 0 | 183 | 0.00% | +183 |
| W. R. Berkley Corp. | 1,302,855 | 1,264,289 | -38,566 | 92,711 | 92,887 | 1.31% | +176 |
| MSC Income Fund | 0 | 10,602 | +10,602 | 0 | 174 | 0.00% | +174 |
| ASML Holding N.V. N Y REGISTRY SHS | 1,178 | 1,179 | +1 | 781 | 945 | 0.01% | +164 |
| Cannae Holdings Inc. | 0 | 104,584 | +104,584 | 0 | 2,181 | 0.03% | +2,181 |
| Chugai Pharms Co. Ltd. | 0 | 39,539 | +39,539 | 0 | 1,031 | 0.01% | +1,031 |
| Wal-Mart de Mexico S.A.B. de C | 0 | 23,760 | +23,760 | 0 | 791 | 0.01% | +791 |