Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| CHEVRON CORP NEW(CVX) | 0 | 256,250 | +256,250 | 0 | 39,793 | 3.28% | +39,793 |
| ALPHABET INC(GOOG) | 445,000 | 430,000 | -15,000 | 78,422 | 104,533 | 8.61% | +26,111 |
| TAIWAN SEMICONDUCTOR MFG LTD(TSM) | 0 | 80,000 | +80,000 | 0 | 22,343 | 1.84% | +22,343 |
| TWFG INC(TWFG) | 0 | 450,000 | +450,000 | 0 | 12,348 | 1.02% | +12,348 |
| MEDTRONIC PLC(MDT) | 175,000 | 250,000 | +75,000 | 15,255 | 23,810 | 1.96% | +8,555 |
| RAYONIER INC(RYN) | 1,201,474 | 1,201,474 | 0 | 26,649 | 31,887 | 2.63% | +5,238 |
| TELEDYNE TECHNOLOGIES INC(TDY) | 70,000 | 70,000 | 0 | 35,862 | 41,023 | 3.38% | +5,161 |
| MOTOROLA SOLUTIONS INC(MSI) | 140,000 | 140,000 | 0 | 58,864 | 64,021 | 5.27% | +5,156 |
| COHERENT CORP(COHR) | 200,000 | 200,000 | 0 | 17,842 | 21,544 | 1.77% | +3,702 |
| SCHWAB CHARLES CORP(SCHW) | 800,000 | 800,000 | 0 | 72,992 | 76,376 | 6.29% | +3,384 |
| NIKE INC(NKE) | 400,000 | 450,000 | +50,000 | 28,416 | 31,379 | 2.58% | +2,963 |
| KEYSIGHT TECHNOLOGIES INC(KEYS) | 200,000 | 200,000 | 0 | 32,772 | 34,984 | 2.88% | +2,212 |
| BRADY CORP(BRC) | 200,000 | 200,000 | 0 | 13,594 | 15,606 | 1.28% | +2,012 |
| MICROSOFT CORP(MSFT) | 80,000 | 80,000 | 0 | 39,793 | 41,436 | 3.41% | +1,643 |
| JOHNSON & JOHNSON(JNJ) | 90,000 | 80,000 | -10,000 | 13,748 | 14,834 | 1.22% | +1,086 |
| MERCK & CO INC(MRK) | 150,000 | 150,000 | 0 | 11,874 | 12,590 | 1.04% | +716 |
| JPMORGAN CHASE & CO.(JPM) | 150,000 | 140,000 | -10,000 | 43,487 | 44,160 | 3.64% | +674 |
| ANALOG DEVICES INC(ADI) | 370,000 | 360,000 | -10,000 | 88,067 | 88,452 | 7.28% | +385 |
| AMAZON COM INC(AMZN) | 260,000 | 260,000 | 0 | 57,041 | 57,088 | 4.70% | +47 |
| AON PLC(AON) | 100,000 | 100,000 | 0 | 35,676 | 35,658 | 2.94% | -18 |
| CAPITAL ONE FINL CORP(COF) | 335,000 | 335,000 | 0 | 71,275 | 71,214 | 5.86% | -60 |
| VISA INC(V) | 75,000 | 75,000 | 0 | 26,629 | 25,604 | 2.11% | -1,025 |
| GALLAGHER ARTHUR J & CO(AJG) | 105,000 | 105,000 | 0 | 33,613 | 32,523 | 2.68% | -1,090 |
| AMERICAN EXPRESS CO(AXP) | 150,000 | 140,000 | -10,000 | 47,847 | 46,502 | 3.83% | -1,345 |
| WILLSCOT HLDGS CORP(WSC) | 225,000 | 225,000 | 0 | 6,165 | 4,750 | 0.39% | -1,415 |
| ROPER TECHNOLOGIES INC(ROP) | 50,000 | 50,000 | 0 | 28,342 | 24,935 | 2.05% | -3,407 |
| MERCADOLIBRE INC(MELI) | 13,000 | 13,000 | 0 | 33,977 | 30,380 | 2.50% | -3,597 |
| META PLATFORMS INC(META) | 100,000 | 90,000 | -10,000 | 73,809 | 66,094 | 5.44% | -7,715 |
| PROGRESSIVE CORP(PGR) | 400,000 | 400,000 | 0 | 106,744 | 98,780 | 8.13% | -7,964 |
| HESS CORP | 250,000 | 0 | -250,000 | 34,635 | 0 | — | -34,635 |