| GGLACIER BANCORP INC NEWGBCI |
| 10.01% | 9.17% | $15.3M | 295,712 | $13.0M | 295,223 | +489+0.17% | Add |
 GE AEROSPACEGE |
| 4.78% | 4.71% | $7.3M | 19,475 | $6.7M | 21,700 | -2,225-10.25% | Reduce |
 BOEING COBA |
| 3.92% | 3.92% | $6.0M | 27,600 | $5.6M | 25,600 | +2,000+7.81% | Add |
 INTEL CORPINTC |
| 3.08% | 1.36% | $4.7M | 33,650 | $1.9M | 52,400 | -18,750-35.78% | Reduce |
 SOUTHWEST AIRLS CO COMLUV |
| 2.81% | 2.63% | $4.3M | 83,400 | $3.7M | 90,100 | -6,700-7.44% | Reduce |
| PPENN ENTERTAINMENT INCPENN |
| 2.65% | 1.89% | $4.0M | 188,900 | $2.7M | 182,150 | +6,750+3.71% | Add |
| PPROSHARES TRPSQ |
| 2.5% | 1.45% | $3.8M | 152,200 | $2.1M | 68,300 | +83,900+122.84% | Add |
 SHELL PLCSHEL |
| 2.47% | 2.91% | $3.8M | 48,500 | $4.1M | 56,100 | -7,600-13.55% | Reduce |
 GAMING &LEISURE PGLPI |
| 2.29% | 2.47% | $3.5M | 78,260 | $3.5M | 78,260 | 00.00% | Unchanged |
 ARCOS DORADOS HLDGS INCARCO |
| 1.85% | 1.49% | $2.8M | 349,800 | $2.1M | 287,900 | +61,900+21.50% | Add |
 BP PLC SPONSORED ADRBP |
| 1.82% | 1.84% | $2.8M | 75,056 | $2.6M | 75,067 | -11-0.01% | Reduce |
| VVANECK ETF TRUSTGDX |
| 1.81% | 2.41% | $2.8M | 36,550 | $3.4M | 39,900 | -3,350-8.40% | Reduce |
 CNH INDL N VCNH |
| 1.75% | 0.79% | $2.7M | 238,000 | $1.1M | 121,000 | +117,000+96.69% | Add |
 BARCLAYS PLCBCS |
| 1.67% | 2.16% | $2.5M | 94,500 | $3.1M | 120,500 | -26,000-21.58% | Reduce |
 VAIL RESORTS INCMTN |
| 1.65% | — | $2.5M | 18,525 | $0 | 0 | +18,525 | New Buy |
| LLINDBLAD EXPEDITIONS HLDGS ILIND |
| 1.48% | 1.42% | $2.3M | 79,800 | $2.0M | 139,900 | -60,100-42.96% | Reduce |
| FFMC CORPFMC |
| 1.4% | 0.98% | $2.1M | 185,900 | $1.4M | 100,100 | +85,800+85.71% | Add |
 DOW HLDGS INC COMDOW |
| 1.4% | 1.36% | $2.1M | 78,000 | $1.9M | 82,200 | -4,200-5.11% | Reduce |
| PPROSHARES TRSH |
| 1.39% | 1.75% | $2.1M | 64,200 | $2.5M | 69,000 | -4,800-6.96% | Reduce |
| BBARRICK MNG CORPGOLD |
| 1.31% | 1.62% | $2.0M | 54,550 | $2.3M | 52,800 | +1,750+3.31% | Add |
 PAN AMERN SILVER CORPPAAS |
| 1.27% | 1.63% | $1.9M | 43,065 | $2.3M | 44,572 | -1,507-3.38% | Reduce |
| IIMAX CORPIMAX |
| 1.23% | 1.47% | $1.9M | 47,150 | $2.1M | 56,500 | -9,350-16.55% | Reduce |
| VVANGUARD INTL EQUITY INDEX FVGK |
| 1.22% | 1.24% | $1.9M | 21,000 | $1.8M | 21,000 | 00.00% | Unchanged |
 WYNN RESORTS LTDWYNN |
| 1.21% | 1.61% | $1.8M | 19,015 | $2.3M | 19,015 | 00.00% | Unchanged |
 ELANCO ANIMAL HEALTH INCELAN |
| 1.21% | 1.21% | $1.8M | 75,000 | $1.7M | 76,000 | -1,000-1.32% | Reduce |
| CCOEUR MNG INCCDE |
| 1.21% | — | $1.8M | 112,816 | $0 | 0 | +112,816 | New Buy |
| SSPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TRPHYS |
| 1.21% | 1.51% | $1.8M | 61,000 | $2.1M | 65,000 | -4,000-6.15% | Reduce |
 UNITED PARCEL SVCS INCUPS |
| 1.16% | 0.7% | $1.8M | 16,500 | $991,900 | 10,000 | +6,500+65.00% | Add |
 NEWMONT CORPNEM |
| 1.14% | 1.33% | $1.7M | 18,650 | $1.9M | 18,850 | -200-1.06% | Reduce |
 VERIZON COMMUNICATIONS INCVZ |
| 1.12% | 1.58% | $1.7M | 40,150 | $2.2M | 54,850 | -14,700-26.80% | Reduce |
 WEYERHAEUSER COWY |
| 0.97% | 0.93% | $1.5M | 61,750 | $1.3M | 55,500 | +6,250+11.26% | Add |
 NOVO-NORDISK A SNVO |
| 0.96% | — | $1.5M | 30,400 | $0 | 0 | +30,400 | New Buy |
 LOEWS CORPL |
| 0.94% | 0.94% | $1.4M | 12,700 | $1.3M | 12,700 | 00.00% | Unchanged |
 MERCK & CO INCMRK |
| 0.88% | 1.03% | $1.3M | 10,450 | $1.5M | 13,900 | -3,450-24.82% | Reduce |
 CRISPR THERAPEUTICSCRSP |
| 0.88% | 0.84% | $1.3M | 24,575 | $1.2M | 22,775 | +1,800+7.90% | Add |
 SLB LIMITEDSLB |
| 0.88% | 0.94% | $1.3M | 28,700 | $1.3M | 34,700 | -6,000-17.29% | Reduce |
 TARGET CORP COMTGT |
| 0.87% | 0.73% | $1.3M | 10,200 | $1.0M | 10,550 | -350-3.32% | Reduce |
| UUNILEVER PLC SPON ADR NEWUL |
| 0.87% | 1.07% | $1.3M | 22,150 | $1.5M | 23,103 | -953-4.13% | Reduce |
 GOODYEAR TIRE & RUBR COGT |
| 0.86% | 0.59% | $1.3M | 198,000 | $840,960 | 96,000 | +102,000+106.25% | Add |
 VIATRIS INCVTRS |
| 0.85% | 0.74% | $1.3M | 81,250 | $1.1M | 84,500 | -3,250-3.85% | Reduce |
 WELLS FARGO CO NEWWFC |
| 0.84% | 1.05% | $1.3M | 15,500 | $1.5M | 16,000 | -500-3.13% | Reduce |
| AABRDN PLATINUM ETF TRUST ABRDN PHYSICAL PLATINUM SHARES ETFPPLT |
| 0.83% | 1.24% | $1.3M | 89,500 | $1.8M | 9,450 | +80,050+847.09% | Add |
 KRAFT HEINZ CO COMKHC |
| 0.81% | 0.78% | $1.2M | 52,550 | $1.1M | 45,900 | +6,650+14.49% | Add |
| IINTERNATIONAL BUSINESS MACHSIBM |
| 0.79% | 0.96% | $1.2M | 4,300 | $1.4M | 4,600 | -300-6.52% | Reduce |
 FORD MTR COF |
| 0.79% | 0.87% | $1.2M | 86,400 | $1.2M | 93,700 | -7,300-7.79% | Reduce |
| TTYSON FOODS INCTSN |
| 0.78% | 0.86% | $1.2M | 20,850 | $1.2M | 20,750 | +100+0.48% | Add |
 International Flavors & Fragrances INC Fragrans CORP COMMONIFF |
| 0.74% | 0.76% | $1.1M | 14,325 | $1.1M | 15,900 | -1,575-9.91% | Reduce |
 MCCORMICK & CO INC COM NON VTGMKC |
| 0.74% | — | $1.1M | 22,500 | $0 | 0 | +22,500 | New Buy |
 WILLIAMS COS INCWMB |
| 0.73% | 0.78% | $1.1M | 14,900 | $1.1M | 18,400 | -3,500-19.02% | Reduce |
 MEDTRONIC PLCMDT |
| 0.72% | 0.26% | $1.1M | 14,050 | $374,634 | 3,900 | +10,150+260.26% | Add |
