Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Microsoft Corporation(MSFT)(Put) | 70,000 | 140,000 | +70,000 | 35,500 | 65,700 | — | +30,200 |
| Alphabet Inc. - Class C(GOOG) | 294,923 | 294,923 | 0 | 71,828 | 92,547 | 5.76% | +20,718 |
| Expedia Group, Inc.(EXPE)(Put) | 0 | 50,000 | +50,000 | 0 | 14,000 | — | +14,000 |
| Onto Innovation Inc(ONTO) | 0 | 80,000 | +80,000 | 0 | 12,629 | 0.79% | +12,629 |
| Regeneron Pharmaceuticals, Inc(REGN) | 31,362 | 31,362 | 0 | 17,634 | 24,207 | 1.51% | +6,573 |
| ARS Pharmaceuticals Inc | 0 | 559,959 | +559,959 | 0 | 6,524 | 0.41% | +6,524 |
| RTX Corporation(RTX)(Put) | 0 | 37,200 | +37,200 | 0 | 6,510 | — | +6,510 |
| ASML Holding N.V. N Y REGISTRY SHS | 62,000 | 62,000 | 0 | 60,022 | 66,331 | 4.13% | +6,310 |
| Revolution Medicines Inc(RVMD) | 0 | 64,045 | +64,045 | 0 | 5,101 | 0.32% | +5,101 |
| Expedia Group, Inc.(EXPE) | 73,157 | 73,157 | 0 | 15,637 | 20,726 | 1.29% | +5,089 |
| TJX Companies, Inc./The(TJX) | 525,092 | 525,092 | 0 | 75,897 | 80,659 | 5.02% | +4,763 |
| Maravai LifeSciences Holdings,(MRVI) | 136,409 | 1,585,316 | +1,448,907 | 391 | 5,152 | 0.32% | +4,761 |
| Columbia Banking System Inc.(COLB) | 0 | 165,556 | +165,556 | 0 | 4,627 | 0.29% | +4,627 |
| Merck & Co., Inc.(MRK) | 204,326 | 204,326 | 0 | 17,149 | 21,507 | 1.34% | +4,358 |
| Cameco Corporation(CCJ)(Put) | 40,800 | 75,000 | +34,200 | 2,856 | 7,125 | — | +4,269 |
| BlackBerry Ltd(BB) | 0 | 1,026,996 | +1,026,996 | 0 | 3,892 | 0.24% | +3,892 |
| MetLife, Inc.(MET)(Put) | 0 | 50,000 | +50,000 | 0 | 3,875 | — | +3,875 |
| GE Vernova Inc.(GEV) | 100,000 | 100,000 | 0 | 61,490 | 65,357 | 4.07% | +3,867 |
| Apple Inc.(AAPL) | 280,705 | 275,705 | -5,000 | 71,476 | 74,953 | 4.67% | +3,477 |
| Amazon.com, Inc.(AMZN) | 286,000 | 286,000 | 0 | 62,797 | 66,015 | 4.11% | +3,218 |
| Arch Capital Group Ltd. ORD | 600,000 | 600,000 | 0 | 54,438 | 57,552 | 3.58% | +3,114 |
| Solventum Corporation(SOLV) | 377,350 | 377,350 | 0 | 27,547 | 29,901 | 1.86% | +2,355 |
| Apple Inc.(AAPL)(Put) | 50,000 | 50,000 | 0 | 11,250 | 13,500 | — | +2,250 |
| Arcos Dorados Holdings Inc. Cl(ARCO) | 700,178 | 950,178 | +250,000 | 4,726 | 6,974 | 0.43% | +2,248 |
| Applied Materials, Inc. | 41,652 | 41,652 | 0 | 8,528 | 10,704 | 0.67% | +2,176 |
| IDEAYA Biosciences, Inc.(IDYA) | 280,261 | 280,261 | 0 | 7,626 | 9,689 | 0.60% | +2,063 |
| Solventum Corporation(SOLV)(Put) | 0 | 22,700 | +22,700 | 0 | 1,930 | — | +1,930 |
| Nelnet, Inc. - Class A(NNI) | 243,415 | 243,415 | 0 | 30,519 | 32,364 | 2.01% | +1,845 |
| Gilead Sciences, Inc.(GILD) | 119,900 | 119,900 | 0 | 13,309 | 14,717 | 0.92% | +1,408 |
| Amgen Inc.(AMGN) | 30,000 | 30,000 | 0 | 8,466 | 9,819 | 0.61% | +1,353 |
| Exxon Mobil Corporation | 146,100 | 146,100 | 0 | 16,473 | 17,582 | 1.09% | +1,109 |
| i-80 Gold Corp.(IAUX) | 4,226,993 | 3,474,389 | -752,604 | 4,038 | 5,073 | 0.32% | +1,034 |
| RTX Corporation(RTX) | 165,000 | 155,000 | -10,000 | 27,609 | 28,427 | 1.77% | +818 |
| JPMorgan Chase & Co.(JPM) | 80,000 | 80,000 | 0 | 25,234 | 25,778 | 1.60% | +543 |
| Proshares S&P 500 Dividend Ari S&P 500 DV ARIST | 17,500 | 22,500 | +5,000 | 1,804 | 2,342 | 0.15% | +538 |
| M&T Bank Corporation(MTB) | 101,100 | 101,100 | 0 | 19,979 | 20,370 | 1.27% | +390 |
| Tenet Healthcare Corporation(THC)(Put) | 30,000 | 30,000 | 0 | 5,550 | 5,850 | — | +300 |
| American Electric Power Compan | 100,000 | 100,000 | 0 | 11,250 | 11,531 | 0.72% | +281 |
| Adams Diversified Equity Fund, | 131,124 | 131,124 | 0 | 2,924 | 3,058 | 0.19% | +134 |
| Ferroglobe PLC | 957,591 | 957,591 | 0 | 4,357 | 4,443 | 0.28% | +86 |
| Berkshire Hathaway Inc. - Clas | 110 | 110 | 0 | 82,962 | 83,028 | 5.17% | +66 |
| Invesco S&P Equal Weight S&P500 EQL WGT | 30,611 | 30,611 | 0 | 5,807 | 5,864 | 0.37% | +57 |
| Vanguard Mid-Cap Value Index F | 13,700 | 13,700 | 0 | 2,392 | 2,430 | 0.15% | +38 |
| Uranium Energy Corp.(UEC)(Put) | 200,000 | 200,000 | 0 | 2,600 | 2,600 | — | 0 |
| Royce Value Trust, Inc.(RVT) | 150,877 | 150,877 | 0 | 2,434 | 2,429 | 0.15% | -5 |
| NVIDIA Corporation(NVDA) | 160,979 | 160,979 | 0 | 30,035 | 30,023 | 1.87% | -13 |
| indie Semiconductor, Inc. - Cl | 1,704,849 | 1,954,849 | +250,000 | 6,939 | 6,901 | 0.43% | -38 |
| Almonty Industries Inc. | 40,721 | 0 | -40,721 | 246 | 0 | — | -246 |
| Chevron Corporation(CVX) | 86,391 | 86,391 | 0 | 13,416 | 13,167 | 0.82% | -249 |
| Pfizer Inc.(PFE) | 505,808 | 505,808 | 0 | 12,888 | 12,595 | 0.78% | -293 |
| MetLife, Inc.(MET) | 140,327 | 140,327 | 0 | 11,559 | 11,077 | 0.69% | -481 |
| NextNav Inc.(NN) | 976,975 | 800,210 | -176,765 | 13,971 | 13,315 | 0.83% | -655 |
| Energy Transfer LP(ET) | 1,020,030 | 1,020,030 | 0 | 17,504 | 16,820 | 1.05% | -683 |
| Dominion Energy, Inc.(D) | 290,000 | 290,000 | 0 | 17,739 | 16,991 | 1.06% | -748 |
| Uranium Energy Corp.(UEC) | 500,000 | 500,000 | 0 | 6,670 | 5,840 | 0.36% | -830 |
| L3Harris Technologies, Inc.(LHX) | 70,785 | 70,785 | 0 | 21,618 | 20,780 | 1.29% | -838 |
| Algoma Steel Group Inc. | 280,136 | 0 | -280,136 | 996 | 0 | — | -996 |
| Valneva SE - ADR | 354,361 | 354,361 | 0 | 4,323 | 3,125 | 0.19% | -1,198 |
| Cameco Corporation(CCJ) | 439,230 | 389,230 | -50,000 | 36,834 | 35,611 | 2.22% | -1,223 |
| Salesforce, Inc.(CRM) | 40,000 | 30,000 | -10,000 | 9,480 | 7,947 | 0.49% | -1,533 |
| Cleveland-Cliffs Inc.(CLF) | 243,593 | 100,593 | -143,000 | 2,972 | 1,336 | 0.08% | -1,636 |
| NCR Voyix Corporation | 1,090,007 | 1,180,314 | +90,307 | 13,680 | 12,039 | 0.75% | -1,640 |
| Universal Display Corporation(OLED) | 65,009 | 65,009 | 0 | 9,337 | 7,592 | 0.47% | -1,745 |
| Tyler Technologies, Inc.(TYL) | 44,381 | 46,681 | +2,300 | 23,218 | 21,191 | 1.32% | -2,028 |
| Costco Wholesale Corporation(COST) | 33,000 | 33,000 | 0 | 30,546 | 28,457 | 1.77% | -2,089 |
| Meta Platforms, Inc. - Class A(META) | 32,000 | 32,000 | 0 | 23,500 | 21,123 | 1.32% | -2,377 |
| PepsiCo, Inc.(PEP) | 160,000 | 140,000 | -20,000 | 22,470 | 20,093 | 1.25% | -2,378 |
| AT&T Inc.(T) | 724,639 | 724,639 | 0 | 20,464 | 18,000 | 1.12% | -2,464 |
| Uber Technologies, Inc.(UBER) | 160,583 | 160,583 | 0 | 15,732 | 13,121 | 0.82% | -2,611 |
| TJX Companies, Inc./The(TJX)(Put) | 130,000 | 100,000 | -30,000 | 17,150 | 14,500 | — | -2,650 |
| Marvell Technology, Inc.(MRVL) | 84,900 | 50,000 | -34,900 | 7,138 | 4,249 | 0.26% | -2,889 |
| Arista Networks, Inc.(ANET) | 150,679 | 140,679 | -10,000 | 21,955 | 18,433 | 1.15% | -3,522 |
| Veeva Systems Inc. - Class A(VEEV) | 48,006 | 48,006 | 0 | 14,301 | 10,716 | 0.67% | -3,585 |
| Broadcom Inc.(AVGO) | 163,000 | 143,000 | -20,000 | 53,775 | 49,492 | 3.08% | -4,283 |
| Microsoft Corporation(MSFT) | 180,000 | 180,000 | 0 | 93,231 | 87,052 | 5.42% | -6,179 |
| Republic Services, Inc.(RSG) | 355,625 | 355,625 | 0 | 81,609 | 75,368 | 4.69% | -6,241 |
| Everest Group, Ltd.(EG) | 144,286 | 129,196 | -15,090 | 50,533 | 43,843 | 2.73% | -6,691 |
| Alphabet Inc. - Class C(GOOG)(Put) | 175,000 | 100,000 | -75,000 | 37,344 | 30,500 | — | -6,843 |
| Adobe Inc.(ADBE) | 20,006 | 0 | -20,006 | 7,057 | 0 | — | -7,057 |
| Alamos Gold Inc. - Class A | 472,438 | 241,219 | -231,219 | 16,469 | 9,306 | 0.58% | -7,163 |
| Danaher Corporation(DHR) | 50,010 | 0 | -50,010 | 9,915 | 0 | — | -9,915 |
| Agnico Eagle Mines Limited(AEM) | 240,000 | 179,272 | -60,728 | 40,454 | 30,392 | 1.89% | -10,062 |
| Tenet Healthcare Corporation(THC) | 91,601 | 30,000 | -61,601 | 18,599 | 5,962 | 0.37% | -12,637 |
| Broadcom Inc.(AVGO)(Put) | 50,000 | 0 | -50,000 | 15,000 | 0 | — | -15,000 |