| AAlphabet Inc Class CGOOG |
| 7.25% | 6.52% | $213.9M | 605,460 | $178.1M | 620,909 | -15,449-2.49% | Reduce |
 HEICO CORP NEWHEI |
| 6.43% | 5.71% | $189.6M | 735,248 | $155.9M | 738,482 | -3,234-0.44% | Reduce |
 META PLATFORMS INCMETA |
| 5.78% | 6.45% | $170.6M | 302,888 | $176.1M | 307,821 | -4,933-1.60% | Reduce |
 SCHWAB CHARLES CORPSCHW |
| 5.26% | 5.29% | $155.2M | 1.7M | $144.4M | 1.5M | +145,361+9.46% | Add |
 AUTOMATIC DATA PROCESSING INADP |
| 4.97% | 3.12% | $146.6M | 654,556 | $85.2M | 419,090 | +235,466+56.19% | Add |
 AMETEK INC COMAME |
| 4.91% | 4.8% | $144.9M | 598,781 | $131.2M | 612,058 | -13,277-2.17% | Reduce |
 MEDPACE HLDGS INCMEDP |
| 4.56% | 4.5% | $134.5M | 253,931 | $123.0M | 256,081 | -2,150-0.84% | Reduce |
 VISA INCV |
| 4.53% | 4.39% | $133.8M | 389,900 | $119.8M | 396,357 | -6,457-1.63% | Reduce |
 BERKSHIRE HATHAWAY INC DELBRK.B |
| 4.21% | 6.64% | $124.3M | 248,447 | $181.4M | 378,625 | -130,178-34.38% | Reduce |
 PROGRESSIVE CORPPGR |
| 4.01% | 3.83% | $118.5M | 542,292 | $104.7M | 528,364 | +13,928+2.64% | Add |
 ALPHABET INCGOOGL |
| 3.76% | 3.67% | $110.8M | 310,118 | $100.2M | 348,469 | -38,351-11.01% | Reduce |
| FFIVE BELOW INCFIVE |
| 3.64% | 5.16% | $107.5M | 598,122 | $141.0M | 617,191 | -19,069-3.09% | Reduce |
 BOOKING HOLDINGS INC COMBKNG |
| 3.16% | 3.26% | $93.2M | 522,664 | $88.9M | 21,117 | +501,547+2,375.09% | Add |
 INSTALLED BLDG PRODS INCIBP |
| 3.1% | 3.92% | $91.4M | 397,662 | $107.0M | 403,665 | -6,003-1.49% | Reduce |
| NNVR INCNVR |
| 3.06% | 3.29% | $90.2M | 13,238 | $89.9M | 13,647 | -409-3.00% | Reduce |
| KKINSALE CAP GROUP INCKNSL |
| 2.69% | 2.74% | $79.4M | 240,731 | $74.8M | 218,942 | +21,789+9.95% | Add |
 BRIGHT HORIZONS FAM SOL IN DBFAM |
| 2.6% | 2.23% | $76.6M | 1.1M | $61.0M | 742,329 | +338,464+45.59% | Add |
 RESMED INCRMD |
| 2.56% | 1.89% | $75.5M | 387,665 | $51.6M | 230,005 | +157,660+68.55% | Add |
 BANK OZK LITTLE ROCK ARKOZK |
| 2.12% | 2.07% | $62.4M | 1.2M | $56.5M | 1.2M | -32,943-2.68% | Reduce |
 Markel Group Inc.MKL |
| 2.04% | 3.01% | $60.3M | 30,877 | $82.2M | 42,944 | -12,067-28.10% | Reduce |
 ARISTA NETWORKS INCANET |
| 1.96% | 1.9% | $57.7M | 339,892 | $52.0M | 423,361 | -83,469-19.72% | Reduce |
 KEYSIGHT TECHNOLOGIES INCKEYS |
| 1.7% | 3.34% | $50.1M | 143,072 | $91.3M | 323,184 | -180,112-55.73% | Reduce |
 DISNEY WALT CODIS |
| 1.68% | 1.89% | $49.6M | 515,567 | $51.7M | 536,514 | -20,947-3.90% | Reduce |
 BROWN & BROWN INC COMBRO |
| 1.64% | 1.8% | $48.3M | 753,288 | $49.3M | 755,269 | -1,981-0.26% | Reduce |
 ANALOG DEVICES INC COMADI |
| 1.26% | 1.99% | $37.1M | 93,310 | $54.4M | 171,052 | -77,742-45.45% | Reduce |
 NEW YORK TIMES CO MTN BENYT |
| 1.15% | — | $33.9M | 484,424 | $0 | 0 | +484,424 | New Buy |
 LITTELFUSE INCLFUS |
| 1.14% | 1% | $33.8M | 74,125 | $27.4M | 80,719 | -6,594-8.17% | Reduce |
 MSA SAFETY INCMSA |
| 0.98% | — | $29.0M | 166,305 | $0 | 0 | +166,305 | New Buy |
| WWATSCO INCWSO |
| 0.93% | — | $27.5M | 65,975 | $0 | 0 | +65,975 | New Buy |
| AAAON INCAAON |
| 0.88% | 0.61% | $26.0M | 204,779 | $16.7M | 201,832 | +2,947+1.46% | Add |
| SSUNBELT RENTALS HOLDINGS INC SHSSUN |
| 0.73% | 0.65% | $21.6M | 246,369 | $17.6M | 270,843 | -24,474-9.04% | Reduce |
 VEEVA SYS INCVEEV |
| 0.57% | — | $16.9M | 94,956 | $0 | 0 | +94,956 | New Buy |
 AMERICAN EXPRESS COAXP |
| 0.53% | — | $15.8M | 46,702 | $0 | 0 | +46,702 | New Buy |
 TWFG INCTWFG |
| 0.53% | 0.37% | $15.7M | 652,452 | $10.2M | 552,107 | +100,345+18.17% | Add |
 JPMORGAN CHASE & COJPM |
| 0.53% | 0.56% | $15.7M | 47,876 | $15.4M | 52,298 | -4,422-8.46% | Reduce |
 MASTERCARD INCORPORATEDMA |
| 0.5% | 0.51% | $14.8M | 28,816 | $14.0M | 28,066 | +750+2.67% | Add |
 LULULEMON ATHLETICA INCLULU |
| 0.5% | 0.8% | $14.7M | 128,803 | $21.8M | 142,600 | -13,797-9.68% | Reduce |
 FLOOR & DECOR HLDGS INCFND |
| 0.46% | 0.43% | $13.6M | 229,867 | $11.8M | 231,829 | -1,962-0.85% | Reduce |
| HHAWKINS INCHWKN |
| 0.46% | — | $13.5M | 94,954 | $0 | 0 | +94,954 | New Buy |
 FERGUSON ENTERPRISES INCFERG |
| 0.3% | 0.31% | $8.9M | 37,380 | $8.6M | 36,728 | +652+1.78% | Add |
 LENNAR CORPLEN |
| 0.28% | 0.28% | $8.2M | 91,464 | $7.6M | 91,813 | -349-0.38% | Reduce |
 BERKSHIRE HATHAWAY INC CL ABRK.A |
| 0.23% | 0.29% | $6.7M | 9 | $7.9M | 11 | -2-18.18% | Reduce |
 APPLE INCAAPL |
| 0.13% | 0.14% | $3.8M | 12,995 | $3.8M | 15,040 | -2,045-13.60% | Reduce |
 TAIWAN SEMICONDUCTOR MANUFACTSM |
| 0.06% | 0.1% | $1.7M | 3,655 | $2.7M | 8,125 | -4,470-55.02% | Reduce |
| SSTATE STR SPDR S&P 500 ETF TSPY |
| 0.06% | 0.06% | $1.7M | 2,294 | $1.6M | 2,474 | -180-7.28% | Reduce |
| YYUM CHINA HLDGS INCYUMC |
| 0.05% | 0.06% | $1.5M | 36,036 | $1.8M | 36,036 | 00.00% | Unchanged |
| SSPDR GOLD TRGLD |
| 0.05% | 0.06% | $1.4M | 3,876 | $1.7M | 3,876 | 00.00% | Unchanged |
| IISHARES TRITB |
| 0.04% | 0.04% | $1.2M | 11,662 | $982,830 | 10,854 | +808+7.44% | Add |
 MICROSOFT CORPMSFT |
| 0.02% | 0.03% | $666,587 | 1,787 | $707,025 | 1,910 | -123-6.44% | Reduce |
| VVANGUARD INDEX FDSVOO |
| 0.01% | — | $287,932 | 391 | $0 | 0 | +391 | New Buy |
