# EDGAR Filing Document

**Accession Number:** 0001911520
**File Stem:** 0001911520-26-000001
**Filing Date:** 2026-2
**Character Count:** 18461
**Document Hash:** a3e3a9ccd6e9583a00c154e578b4394d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001911520-26-000001.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001911520-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cladis Investment Advisory, LLC
- **CENTRAL INDEX KEY:** 0001911520

**ORGANIZATION NAME:**
- **EIN:** 272441046
- **STATE OF INCORPORATION:** MT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22477
- **FILM NUMBER:** 26632099

**BUSINESS ADDRESS:**
- **STREET 1:** 180 S 32ND ST WEST
- **STREET 2:** SUITE 1
- **CITY:** BILLINGS
- **STATE:** MT
- **ZIP:** 59102
- **BUSINESS PHONE:** 406-259-4939

**MAIL ADDRESS:**
- **STREET 1:** 180 S 32ND ST WEST
- **STREET 2:** SUITE 1
- **CITY:** BILLINGS
- **STATE:** MT
- **ZIP:** 59102

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cladis Investment Advisory LLC<br>**Address:** 180 S 32ND ST WEST<br>SUITE 1<br>BILLINGS, MT 59102

**Form 13F File Number:** 028-22477

**CRD Number (if applicable):** 000153873

**SEC File Number (if applicable):** 801-126137

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Lexie S. Pankratz<br>**Title:** Compliance Consultant<br>**Phone:** (406) 431-0708

**Signature, Place, and Date of Signing:**

Lexie S. Pankratz  Clancy, MT  02-13-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 154

**Form 13F Information Table Value Total:** $182684392

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 1673225 | 8500 | SH |  | SOLE |  | 0 | 0 | 8500 |
| WILLIS TOWERS WATSON PUB LTD CO | SHS | G96629103 |  | 496186 | 1510 | SH |  | SOLE |  | 0 | 0 | 1510 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 249282 | 6600 | SH |  | SOLE |  | 0 | 0 | 6600 |
| AT  T INC | COM | 00206R102 |  | 2264426 | 91160 | SH |  | SOLE |  | 0 | 0 | 91160 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 213453 | 2775 | SH |  | SOLE |  | 0 | 0 | 2775 |
| ABBVIE INC | COM | 00287Y109 |  | 355987 | 1558 | SH |  | SOLE |  | 0 | 0 | 1558 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1747546 | 7160 | SH |  | SOLE |  | 0 | 0 | 7160 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1962819 | 6255 | SH |  | SOLE |  | 0 | 0 | 6255 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 306909 | 981 | SH |  | SOLE |  | 0 | 0 | 981 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 571641 | 9914 | SH |  | SOLE |  | 0 | 0 | 9914 |
| AMAZON COM INC | COM | 023135106 |  | 4976941 | 21562 | SH |  | SOLE |  | 0 | 0 | 21562 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 364149 | 3158 | SH |  | SOLE |  | 0 | 0 | 3158 |
| APPLE INC | COM | 037833100 |  | 15203638 | 55925 | SH |  | SOLE |  | 0 | 0 | 55925 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 218620 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| BANK AMERICA CORP | COM | 060505104 |  | 735775 | 13378 | SH |  | SOLE |  | 0 | 0 | 13378 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1365001 | 3198 | SH |  | SOLE |  | 0 | 0 | 3198 |
| BIOGEN INC | COM | 09062X103 |  | 183030 | 1040 | SH |  | SOLE |  | 0 | 0 | 1040 |
| BLACKSTONE INC | COM | 09260D107 |  | 1078980 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| BOEING CO | COM | 097023105 |  | 876079 | 4035 | SH |  | SOLE |  | 0 | 0 | 4035 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 827979 | 15350 | SH |  | SOLE |  | 0 | 0 | 15350 |
| BROADCOM INC | COM | 11135F101 |  | 235348 | 680 | SH |  | SOLE |  | 0 | 0 | 680 |
| BYRNA TECHNOLOGIES INC | COM NEW | 12448X201 |  | 748834 | 44600 | SH |  | SOLE |  | 0 | 0 | 44600 |
| CVS HEALTH CORP | COM | 126650100 |  | 358227 | 4514 | SH |  | SOLE |  | 0 | 0 | 4514 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 493334 | 6200 | SH |  | SOLE |  | 0 | 0 | 6200 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 233867 | 10020 | SH |  | SOLE |  | 0 | 0 | 10020 |
| CATERPILLAR INC | COM | 149123101 |  | 2749871 | 4800 | SH |  | SOLE |  | 0 | 0 | 4800 |
| CHESAPEAKE UTILS CORP | COM | 165303108 |  | 998080 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| CHEVRON CORP NEW | COM | 166764100 |  | 826062 | 5420 | SH |  | SOLE |  | 0 | 0 | 5420 |
| CISCO SYS INC | COM | 17275R102 |  | 407293 | 5287 | SH |  | SOLE |  | 0 | 0 | 5287 |
| CITIGROUP INC | COM NEW | 172967424 |  | 689755 | 5911 | SH |  | SOLE |  | 0 | 0 | 5911 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 1303432 | 98150 | SH |  | SOLE |  | 0 | 0 | 98150 |
| COCA COLA CO | COM | 191216100 |  | 595546 | 8519 | SH |  | SOLE |  | 0 | 0 | 8519 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 402529 | 1780 | SH |  | SOLE |  | 0 | 0 | 1780 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 228659 | 7650 | SH |  | SOLE |  | 0 | 0 | 7650 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 516477 | 5517 | SH |  | SOLE |  | 0 | 0 | 5517 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2822759 | 3273 | SH |  | SOLE |  | 0 | 0 | 3273 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 877987 | 1873 | SH |  | SOLE |  | 0 | 0 | 1873 |
| CUMMINS INC | COM | 231021106 |  | 510450 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| DEERE  CO | COM | 244199105 |  | 423042 | 909 | SH |  | SOLE |  | 0 | 0 | 909 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 1081309 | 8590 | SH |  | SOLE |  | 0 | 0 | 8590 |
| DELTA AIRLINES INC DEL | COM NEW | 247361702 |  | 277600 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| DIMENSIONAL ETF TR | US EQUITY ETF | 25434V401 |  | 520303 | 7015 | SH |  | SOLE |  | 0 | 0 | 7015 |
| DIMENSIONAL ETF TR | US SMALL CAP ETF | 25434V500 |  | 705757 | 10130 | SH |  | SOLE |  | 0 | 0 | 10130 |
| DISNEY WALT CO | COM | 254687106 |  | 1820353 | 16000 | SH |  | SOLE |  | 0 | 0 | 16000 |
| DUKE ENERGY CORP | COM NEW | 26441C204 |  | 380581 | 3247 | SH |  | SOLE |  | 0 | 0 | 3247 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 1361828 | 15917 | SH |  | SOLE |  | 0 | 0 | 15917 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2603730 | 21636 | SH |  | SOLE |  | 0 | 0 | 21636 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1702416 | 2579 | SH |  | SOLE |  | 0 | 0 | 2579 |
| FEDEX CORP | COM | 31428X106 |  | 866580 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| FIRST INTST BANCSYSTEM INC | COM CL A | 32055Y201 |  | 3039601 | 87850 | SH |  | SOLE |  | 0 | 0 | 87850 |
| FORD MOTOR CO DEL | COM | 345370860 |  | 1633518 | 124506 | SH |  | SOLE |  | 0 | 0 | 124506 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 1409279 | 17182 | SH |  | SOLE |  | 0 | 0 | 17182 |
| GE VERNOVA INC | COM | 36828A101 |  | 3206505 | 5044 | SH |  | SOLE |  | 0 | 0 | 5044 |
| GE AEROSPACE | COM NEW | 369604301 |  | 4960366 | 16104 | SH |  | SOLE |  | 0 | 0 | 16104 |
| GENERAL MLS INC | COM | 370334104 |  | 287061 | 6173 | SH |  | SOLE |  | 0 | 0 | 6173 |
| GENERAL MTRS CO | COM | 37045V100 |  | 264127 | 3248 | SH |  | SOLE |  | 0 | 0 | 3248 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 1290577 | 29298 | SH |  | SOLE |  | 0 | 0 | 29298 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 993270 | 1130 | SH |  | SOLE |  | 0 | 0 | 1130 |
| HALLIBURTON CO | COM | 406216101 |  | 327816 | 11600 | SH |  | SOLE |  | 0 | 0 | 11600 |
| HEXCEL CORP NEW | COM | 428291108 |  | 221700 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| HOME DEPOT INC | COM | 437076102 |  | 991139 | 2880 | SH |  | SOLE |  | 0 | 0 | 2880 |
| HONEYWELL INTL INC | COM | 438516106 |  | 621947 | 3188 | SH |  | SOLE |  | 0 | 0 | 3188 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 341563 | 1666 | SH |  | SOLE |  | 0 | 0 | 1666 |
| INTEL CORP | COM | 458140100 |  | 1118271 | 30305 | SH |  | SOLE |  | 0 | 0 | 30305 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 3323702 | 11221 | SH |  | SOLE |  | 0 | 0 | 11221 |
| INVESCO QQQ TR | UNIT SER Q | 46090E103 |  | 3662178 | 5961 | SH |  | SOLE |  | 0 | 0 | 5961 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1078916 | 1905 | SH |  | SOLE |  | 0 | 0 | 1905 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 907139 | 5375 | SH |  | SOLE |  | 0 | 0 | 5375 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 235573 | 1300 | SH |  | SOLE |  | 0 | 0 | 1300 |
| ISHARES TR | RUSSELL 2000 GRW ETF | 464287648 |  | 323010 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 274142 | 3400 | SH |  | SOLE |  | 0 | 0 | 3400 |
| ISHARES TR | FUTURE AI  TECH | 46435U556 |  | 953723 | 19795 | SH |  | SOLE |  | 0 | 0 | 19795 |
| ISHARES TR | US INFRASTRUC | 46435U713 |  | 226266 | 4300 | SH |  | SOLE |  | 0 | 0 | 4300 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2353173 | 7303 | SH |  | SOLE |  | 0 | 0 | 7303 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 755241 | 3649 | SH |  | SOLE |  | 0 | 0 | 3649 |
| KNIFE RIVER CORP | COMMON STOCK | 498894104 |  | 1538362 | 21867 | SH |  | SOLE |  | 0 | 0 | 21867 |
| KRAFT HEINZ CO | COM | 500754106 |  | 268666 | 11079 | SH |  | SOLE |  | 0 | 0 | 11079 |
| LILLY ELI  CO | COM | 532457108 |  | 4999889 | 4652 | SH |  | SOLE |  | 0 | 0 | 4652 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 311715 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| MDU RES GROUP INC | COM | 552690109 |  | 1345400 | 68924 | SH |  | SOLE |  | 0 | 0 | 68924 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 272808 | 5400 | SH |  | SOLE |  | 0 | 0 | 5400 |
| MARATHON PETE CORP | COM | 56585A102 |  | 434873 | 2674 | SH |  | SOLE |  | 0 | 0 | 2674 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 244596 | 428 | SH |  | SOLE |  | 0 | 0 | 428 |
| MCDONALDS CORP | COM | 580135101 |  | 668718 | 2188 | SH |  | SOLE |  | 0 | 0 | 2188 |
| MERCK  CO INC | COM | 58933Y105 |  | 1544533 | 14674 | SH |  | SOLE |  | 0 | 0 | 14674 |
| METLIFE INC | COM | 59156R108 |  | 276290 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| MICROSOFT CORP | COM | 594918104 |  | 5367089 | 11098 | SH |  | SOLE |  | 0 | 0 | 11098 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 463844 | 1625 | SH |  | SOLE |  | 0 | 0 | 1625 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 281854 | 5236 | SH |  | SOLE |  | 0 | 0 | 5236 |
| MONTROSE ENVIRONMENTAL GROUP | COM | 615111101 |  | 1450072 | 58400 | SH |  | SOLE |  | 0 | 0 | 58400 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 279057 | 728 | SH |  | SOLE |  | 0 | 0 | 728 |
| NETFLIX INC | COM | 64110L106 |  | 1187002 | 12660 | SH |  | SOLE |  | 0 | 0 | 12660 |
| NEW FOUND GOLD CORP | COM | 64440N103 |  | 29700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| NEWMONT CORP | COM | 651639106 |  | 758860 | 7600 | SH |  | SOLE |  | 0 | 0 | 7600 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1973523 | 24583 | SH |  | SOLE |  | 0 | 0 | 24583 |
| NIKE INC | CL B | 654106103 |  | 1626564 | 25531 | SH |  | SOLE |  | 0 | 0 | 25531 |
| NVIDIA CORP | COM | 67066G104 |  | 8925708 | 47859 | SH |  | SOLE |  | 0 | 0 | 47859 |
| ORACLE CORP | COM | 68389X105 |  | 1281266 | 6574 | SH |  | SOLE |  | 0 | 0 | 6574 |
| PTC THERAPEUTICS INC | COM | 69366J200 |  | 319032 | 4200 | SH |  | SOLE |  | 0 | 0 | 4200 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 302175 | 1700 | SH |  | SOLE |  | 0 | 0 | 1700 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 653910 | 3550 | SH |  | SOLE |  | 0 | 0 | 3550 |
| PEPSICO INC | COM | 713448108 |  | 757786 | 5280 | SH |  | SOLE |  | 0 | 0 | 5280 |
| PFIZER INC | COM | 717081103 |  | 1617141 | 64945 | SH |  | SOLE |  | 0 | 0 | 64945 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 354324 | 2209 | SH |  | SOLE |  | 0 | 0 | 2209 |
| PHILLIPS 66 | COM | 718546104 |  | 913368 | 7078 | SH |  | SOLE |  | 0 | 0 | 7078 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 655403 | 4573 | SH |  | SOLE |  | 0 | 0 | 4573 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 334847 | 4101 | SH |  | SOLE |  | 0 | 0 | 4101 |
| REDDIT INC | CL A | 75734B100 |  | 655130 | 2850 | SH |  | SOLE |  | 0 | 0 | 2850 |
| SPDR S 500 TRUST ETF TR | TR UNIT | 78462F103 |  | 1259506 | 1847 | SH |  | SOLE |  | 0 | 0 | 1847 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 282173 | 712 | SH |  | SOLE |  | 0 | 0 | 712 |
| SPDR SER TR | S REGL BKG | 78464A698 |  | 1007796 | 15550 | SH |  | SOLE |  | 0 | 0 | 15550 |
| SPDR SER TR | S OILGAS EXP | 78468R556 |  | 331811 | 2628 | SH |  | SOLE |  | 0 | 0 | 2628 |
| SALESFORCE INC | COM | 79466L302 |  | 245572 | 927 | SH |  | SOLE |  | 0 | 0 | 927 |
| SLB LIMITED | COM STK | 806857108 |  | 212855 | 5546 | SH |  | SOLE |  | 0 | 0 | 5546 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 245824 | 7536 | SH |  | SOLE |  | 0 | 0 | 7536 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1136248 | 7340 | SH |  | SOLE |  | 0 | 0 | 7340 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1867090 | 41760 | SH |  | SOLE |  | 0 | 0 | 41760 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 1886670 | 34447 | SH |  | SOLE |  | 0 | 0 | 34447 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 514246 | 3315 | SH |  | SOLE |  | 0 | 0 | 3315 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 3379966 | 23477 | SH |  | SOLE |  | 0 | 0 | 23477 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 1386153 | 11775 | SH |  | SOLE |  | 0 | 0 | 11775 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 1370782 | 32110 | SH |  | SOLE |  | 0 | 0 | 32110 |
| SERVICENOW INC | COM | 81762P102 |  | 233615 | 1525 | SH |  | SOLE |  | 0 | 0 | 1525 |
| QXO INCO | COM NEW | 82846H405 |  | 2070974 | 107360 | SH |  | SOLE |  | 0 | 0 | 107360 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 277665 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| SNOWFLAKE INC | CL A | 833445109 |  | 1719782 | 7840 | SH |  | SOLE |  | 0 | 0 | 7840 |
| SOUTHERN CO | COM | 842587107 |  | 449952 | 5160 | SH |  | SOLE |  | 0 | 0 | 5160 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 371970 | 9000 | SH |  | SOLE |  | 0 | 0 | 9000 |
| STARBUCKS CORP | COM | 855244109 |  | 1004466 | 11928 | SH |  | SOLE |  | 0 | 0 | 11928 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 3130067 | 10300 | SH |  | SOLE |  | 0 | 0 | 10300 |
| TARGET CORP | COM | 87612E106 |  | 465390 | 4761 | SH |  | SOLE |  | 0 | 0 | 4761 |
| TEXAS INSTRS INC | COM | 882508104 |  | 693960 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| 3M CO | COM | 88579Y101 |  | 584303 | 3650 | SH |  | SOLE |  | 0 | 0 | 3650 |
| TRIMBLE INC | COM | 896239100 |  | 313400 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| TWILIO INC | CL A | 90138F102 |  | 334264 | 2350 | SH |  | SOLE |  | 0 | 0 | 2350 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 896849 | 10976 | SH |  | SOLE |  | 0 | 0 | 10976 |
| UNITED PARCEL SERVICE INC | CL B NEW | 911312106 |  | 2235586 | 22538 | SH |  | SOLE |  | 0 | 0 | 22538 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1306415 | 3958 | SH |  | SOLE |  | 0 | 0 | 3958 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 559021 | 3434 | SH |  | SOLE |  | 0 | 0 | 3434 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 1582524 | 11855 | SH |  | SOLE |  | 0 | 0 | 11855 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 565486 | 6390 | SH |  | SOLE |  | 0 | 0 | 6390 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 461450 | 1590 | SH |  | SOLE |  | 0 | 0 | 1590 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 272302 | 865 | SH |  | SOLE |  | 0 | 0 | 865 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 614704 | 1260 | SH |  | SOLE |  | 0 | 0 | 1260 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 589777 | 3088 | SH |  | SOLE |  | 0 | 0 | 3088 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2143873 | 52636 | SH |  | SOLE |  | 0 | 0 | 52636 |
| VISA INC | COM CL A | 92826C839 |  | 366642 | 1045 | SH |  | SOLE |  | 0 | 0 | 1045 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 245721 | 542 | SH |  | SOLE |  | 0 | 0 | 542 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 1555300 | 9600 | SH |  | SOLE |  | 0 | 0 | 9600 |
| WALMART INC | COM | 931142103 |  | 1480054 | 13285 | SH |  | SOLE |  | 0 | 0 | 13285 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 253220 | 1444 | SH |  | SOLE |  | 0 | 0 | 1444 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1186134 | 12727 | SH |  | SOLE |  | 0 | 0 | 12727 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 55891 | 19680 | SH |  | SOLE |  | 0 | 0 | 19680 |
| WISDOMTREE US | US AI ENHANCED | 97717W406 |  | 229960 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |

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