# EDGAR Filing Document

**Accession Number:** 0001179791
**File Stem:** 0001062993-25-010625
**Filing Date:** 2025-6
**Character Count:** 27398
**Document Hash:** 5e3672fb0f3dca501bfedf53e4dd5761
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-010625.hdr.sgml**: 20250602

**ACCESSION NUMBER**: 0001062993-25-010625

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250602

**DATE AS OF CHANGE**: 20250602

**EFFECTIVENESS DATE**: 20250602

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CIM INVESTMENT MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0001179791

**ORGANIZATION NAME:**
- **EIN:** 251738846
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10236
- **FILM NUMBER:** 251013999

**BUSINESS ADDRESS:**
- **STREET 1:** 436 SEVENTH AVENUE
- **STREET 2:** KOPPERS BUILDING SUITE 2600
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15219
- **BUSINESS PHONE:** 4127652771

**MAIL ADDRESS:**
- **STREET 1:** 436 SEVENTH AVENUE
- **STREET 2:** KOPPERS BUILDING SUITE 2600
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CIM INVESTMENT MANGEMENT INC
- **DATE OF NAME CHANGE:** 20020809

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2025

**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:** CIM INVESTMENT MANAGEMENT INC<br>**Address:** 436 SEVENTH AVENUE<br>KOPPERS BUILDING SUITE 2600<br>PITTSBURGH, PA 15219

**Form 13F File Number:** 028-10236

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:** Antoine L. Smalls<br>**Title:** Chief Compliance Officer<br>**Phone:** 412-765-2771

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

Antoine Smalls  Pittsburgh, PA  06-2-2025<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:** 249

**Form 13F Information Table Value Total:** $437843868

      (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 |
| A10 Networks Inc. | COM | 002121101 |  | 182093 | 11144 | SH |  | SOLE |  | 11144 | 0 | 0 |
| ACI Worldwide Inc | COM | 004498101 |  | 216104 | 3950 | SH |  | SOLE |  | 3950 | 0 | 0 |
| ARM Holdings PLC-Spons ADR | COM | 042068205 |  | 940179 | 8804 | SH |  | SOLE |  | 8804 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 693362 | 5227 | SH |  | SOLE |  | 5227 | 0 | 0 |
| Acadia Pharma | COM | 004225108 |  | 244699 | 14732 | SH |  | SOLE |  | 14732 | 0 | 0 |
| Accenture Ltd-Cl A | COM | G1151C101 |  | 1436320 | 4603 | SH |  | SOLE |  | 4603 | 0 | 0 |
| Adobe Systems | COM | 00724F101 |  | 1428649 | 3725 | SH |  | SOLE |  | 3725 | 0 | 0 |
| Adv Micro Device | COM | 007903107 |  | 1000790 | 9741 | SH |  | SOLE |  | 9741 | 0 | 0 |
| Advance Energy Ind. | COM | 007973100 |  | 283261 | 2972 | SH |  | SOLE |  | 2972 | 0 | 0 |
| Affirm Holdings Inc. | COM | 00827B106 |  | 808133 | 17883 | SH |  | SOLE |  | 17883 | 0 | 0 |
| Akamai Technologies | COM | 00971T101 |  | 1723022 | 21404 | SH |  | SOLE |  | 21404 | 0 | 0 |
| Albany Intl Corp. | COM | 012348108 |  | 294939 | 4272 | SH |  | SOLE |  | 4272 | 0 | 0 |
| Alphabet Inc-Cl A | COM | 02079K305 |  | 4866830 | 31472 | SH |  | SOLE |  | 31472 | 0 | 0 |
| Alphabet Inc-Cl C | COM | 02079K107 |  | 2801361 | 17931 | SH |  | SOLE |  | 17931 | 0 | 0 |
| Amazon.Com Inc | COM | 023135106 |  | 5058823 | 26589 | SH |  | SOLE |  | 26589 | 0 | 0 |
| Ambarella Inc | COM | G037AX101 |  | 218080 | 4333 | SH |  | SOLE |  | 4333 | 0 | 0 |
| American Airlines Group Inc | COM | 02376R102 |  | 365958 | 34688 | SH |  | SOLE |  | 34688 | 0 | 0 |
| American Tower Corp | COM | 03027X100 |  | 1295808 | 5955 | SH |  | SOLE |  | 5955 | 0 | 0 |
| American Vanguard Corp | COM | 030371108 |  | 63417 | 14413 | SH |  | SOLE |  | 14413 | 0 | 0 |
| Amgen Inc | COM | 031162100 |  | 758936 | 2436 | SH |  | SOLE |  | 2436 | 0 | 0 |
| Amicus Therapeutics Inc. | COM | 03152W109 |  | 272805 | 33432 | SH |  | SOLE |  | 33432 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 10061156 | 45294 | SH |  | SOLE |  | 45294 | 0 | 0 |
| Applied Industrial Tech Inc. | COM | 03820C105 |  | 437385 | 1941 | SH |  | SOLE |  | 1941 | 0 | 0 |
| Applied Materials Inc | COM | 038222105 |  | 550876 | 3796 | SH |  | SOLE |  | 3796 | 0 | 0 |
| Archer-Daniels Midland | COM | 039483102 |  | 324788 | 6765 | SH |  | SOLE |  | 6765 | 0 | 0 |
| Asbury Automotive Grp. | COM | 043436104 |  | 248445 | 1125 | SH |  | SOLE |  | 1125 | 0 | 0 |
| Atomera Inc. | COM | 04965B100 |  | 45128 | 11282 | SH |  | SOLE |  | 11282 | 0 | 0 |
| Avient Corp. | COM | 05368V106 |  | 293081 | 7887 | SH |  | SOLE |  | 7887 | 0 | 0 |
| Axos Financial Inc. | COM | 05465C100 |  | 278275 | 4313 | SH |  | SOLE |  | 4313 | 0 | 0 |
| Bank of America Corp | COM | 060505104 |  | 499091 | 11960 | SH |  | SOLE |  | 11960 | 0 | 0 |
| Beacon Roofing Supply Inc | COM | 073685109 |  | 321991 | 2603 | SH |  | SOLE |  | 2603 | 0 | 0 |
| Becton Dickinson and Co | COM | 075887109 |  | 495686 | 2164 | SH |  | SOLE |  | 2164 | 0 | 0 |
| Berkshire Hathaway Inc-Cl B | COM | 084670702 |  | 4521072 | 8489 | SH |  | SOLE |  | 8489 | 0 | 0 |
| Bio-Rad Labs-A | COM | 090572207 |  | 371916 | 1527 | SH |  | SOLE |  | 1527 | 0 | 0 |
| Bio-Techne Corp. | COM | 09073M104 |  | 200397 | 3418 | SH |  | SOLE |  | 3418 | 0 | 0 |
| Biogen Inc | COM | 09062X103 |  | 395057 | 2887 | SH |  | SOLE |  | 2887 | 0 | 0 |
| Blackline Inc. | COM | 09239B109 |  | 307564 | 6352 | SH |  | SOLE |  | 6352 | 0 | 0 |
| Blackrock Funding Inc. | COM | 09290D101 |  | 1440543 | 1522 | SH |  | SOLE |  | 1522 | 0 | 0 |
| Block Inc. | COM | 852234103 |  | 291969 | 5374 | SH |  | SOLE |  | 5374 | 0 | 0 |
| Boeing Co/The | COM | 097023105 |  | 928304 | 5443 | SH |  | SOLE |  | 5443 | 0 | 0 |
| Boston Scientific | COM | 101137107 |  | 1217521 | 12069 | SH |  | SOLE |  | 12069 | 0 | 0 |
| Bristol Myers Squibb Co | COM | 110122108 |  | 894113 | 14660 | SH |  | SOLE |  | 14660 | 0 | 0 |
| Broadcom LTD | COM | 11135F101 |  | 3557050 | 21245 | SH |  | SOLE |  | 21245 | 0 | 0 |
| CNO Financial Group Inc | COM | 12621E103 |  | 482307 | 11580 | SH |  | SOLE |  | 11580 | 0 | 0 |
| Capital One Financial Corp | COM | 14040H105 |  | 345152 | 1925 | SH |  | SOLE |  | 1925 | 0 | 0 |
| Catalyst Pharmaceuticals Inc | COM | 14888U101 |  | 208380 | 8593 | SH |  | SOLE |  | 8593 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 |  | 1265443 | 3837 | SH |  | SOLE |  | 3837 | 0 | 0 |
| Chevron Corp | COM | 166764100 |  | 1099932 | 6575 | SH |  | SOLE |  | 6575 | 0 | 0 |
| Chubb Corp. | COM | H1467J104 |  | 1035222 | 3428 | SH |  | SOLE |  | 3428 | 0 | 0 |
| Cigna Corp | COM | 125523100 |  | 610624 | 1856 | SH |  | SOLE |  | 1856 | 0 | 0 |
| Cirrus Logic Inc. | COM | 172755100 |  | 281725 | 2827 | SH |  | SOLE |  | 2827 | 0 | 0 |
| Cisco Systems Inc | COM | 17275R102 |  | 947310 | 15351 | SH |  | SOLE |  | 15351 | 0 | 0 |
| Citigroup Inc | COM | 172967424 |  | 448515 | 6318 | SH |  | SOLE |  | 6318 | 0 | 0 |
| Clean Energy Fuels Corp. | COM | 184499101 |  | 50378 | 32502 | SH |  | SOLE |  | 32502 | 0 | 0 |
| Coca Cola Co/The | COM | 191216100 |  | 731598 | 10215 | SH |  | SOLE |  | 10215 | 0 | 0 |
| Coinbase Global Inc. | COM | 19260Q107 |  | 776241 | 4507 | SH |  | SOLE |  | 4507 | 0 | 0 |
| Colgate-Palmolive Co. | COM | 194162103 |  | 747632 | 7979 | SH |  | SOLE |  | 7979 | 0 | 0 |
| Comcast Corp.-Cl A | COM | 20030N101 |  | 330587 | 8959 | SH |  | SOLE |  | 8959 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 526150 | 5010 | SH |  | SOLE |  | 5010 | 0 | 0 |
| Constellation Brands Inc | COM | 21036P108 |  | 1080015 | 5885 | SH |  | SOLE |  | 5885 | 0 | 0 |
| Corteva Inc. | COM | 22052L104 |  | 370784 | 5892 | SH |  | SOLE |  | 5892 | 0 | 0 |
| Costco Wholesale Corp | COM | 22160K105 |  | 2538474 | 2684 | SH |  | SOLE |  | 2684 | 0 | 0 |
| Coterra Energy Inc. | COM | 127097103 |  | 461851 | 15981 | SH |  | SOLE |  | 15981 | 0 | 0 |
| Cummins Inc. | COM | 231021106 |  | 813377 | 2595 | SH |  | SOLE |  | 2595 | 0 | 0 |
| Deere  Company | COM | 244199105 |  | 1018020 | 2169 | SH |  | SOLE |  | 2169 | 0 | 0 |
| Dentsply Intl | COM | 24906P109 |  | 361563 | 24201 | SH |  | SOLE |  | 24201 | 0 | 0 |
| Dexcom Inc. | COM | 252131107 |  | 381741 | 5590 | SH |  | SOLE |  | 5590 | 0 | 0 |
| Digital Realy Trust Inc | COM | 253868103 |  | 1631930 | 11389 | SH |  | SOLE |  | 11389 | 0 | 0 |
| Diversified Heathcare Trust. | COM | 25525P107 |  | 134762 | 56151 | SH |  | SOLE |  | 56151 | 0 | 0 |
| Domo Inc. | COM | 257554105 |  | 131191 | 16906 | SH |  | SOLE |  | 16906 | 0 | 0 |
| Dow Inc | COM | 260557103 |  | 609564 | 17456 | SH |  | SOLE |  | 17456 | 0 | 0 |
| DuPont de Nemours Inc. | COM | 26614N102 |  | 378030 | 5062 | SH |  | SOLE |  | 5062 | 0 | 0 |
| Duke Energy Corp | COM | 26441C204 |  | 397500 | 3259 | SH |  | SOLE |  | 3259 | 0 | 0 |
| EOG Resources Inc | COM | 26875P101 |  | 251607 | 1962 | SH |  | SOLE |  | 1962 | 0 | 0 |
| EPAM Systems | COM | 29414B104 |  | 242285 | 1435 | SH |  | SOLE |  | 1435 | 0 | 0 |
| EQT Corp. | COM | 26884L109 |  | 889075 | 16640 | SH |  | SOLE |  | 16640 | 0 | 0 |
| Ebay Inc. | COM | 278642103 |  | 1051441 | 15524 | SH |  | SOLE |  | 15524 | 0 | 0 |
| Edwards Lifesciences Corp. | COM | 28176E108 |  | 367474 | 5070 | SH |  | SOLE |  | 5070 | 0 | 0 |
| Electronic Arts Inc. | COM | 285512109 |  | 371127 | 2568 | SH |  | SOLE |  | 2568 | 0 | 0 |
| Elevance Health Inc. | COM | 036752103 |  | 464537 | 1068 | SH |  | SOLE |  | 1068 | 0 | 0 |
| Emcor Group Inc | COM | 29084Q100 |  | 358911 | 971 | SH |  | SOLE |  | 971 | 0 | 0 |
| Enersys | COM | 29275Y102 |  | 316134 | 3452 | SH |  | SOLE |  | 3452 | 0 | 0 |
| Enphase Energy | COM | 29355A107 |  | 526618 | 8487 | SH |  | SOLE |  | 8487 | 0 | 0 |
| Equinix Inc. | COM | 29444U700 |  | 2982550 | 3658 | SH |  | SOLE |  | 3658 | 0 | 0 |
| Euronet Worldwide Inc. | COM | 298736109 |  | 236245 | 2211 | SH |  | SOLE |  | 2211 | 0 | 0 |
| Expand Energy Corp. | COM | 165167735 |  | 252251 | 2266 | SH |  | SOLE |  | 2266 | 0 | 0 |
| Exxon Mobil Corp | COM | 30231G102 |  | 946207 | 7956 | SH |  | SOLE |  | 7956 | 0 | 0 |
| Fastly Inc. A | COM | 31188V100 |  | 120783 | 19081 | SH |  | SOLE |  | 19081 | 0 | 0 |
| Federated Hermes Inc. | COM | 314211103 |  | 284412 | 6976 | SH |  | SOLE |  | 6976 | 0 | 0 |
| Fedex Corp | COM | 31428X106 |  | 669176 | 2745 | SH |  | SOLE |  | 2745 | 0 | 0 |
| Fidelity National Info Serv In | COM | 31620M106 |  | 340840 | 4564 | SH |  | SOLE |  | 4564 | 0 | 0 |
| First Commonwealth | COM | 319829107 |  | 174732 | 11244 | SH |  | SOLE |  | 11244 | 0 | 0 |
| Fluor Corporation | COM | 343412102 |  | 287026 | 8013 | SH |  | SOLE |  | 8013 | 0 | 0 |
| Ford Motor Co | COM | 345370860 |  | 770655 | 76835 | SH |  | SOLE |  | 76835 | 0 | 0 |
| Freeport-McMoran Inc | COM | 35671D857 |  | 1537532 | 40611 | SH |  | SOLE |  | 40611 | 0 | 0 |
| Generac Holdings Inc. | COM | 368736104 |  | 1238764 | 9781 | SH |  | SOLE |  | 9781 | 0 | 0 |
| Gilead Sciences Inc | COM | 375558103 |  | 323488 | 2887 | SH |  | SOLE |  | 2887 | 0 | 0 |
| Global Payments Inc. | COM | 37940X102 |  | 555108 | 5669 | SH |  | SOLE |  | 5669 | 0 | 0 |
| Hain Celestial Group Inc. | COM | 405217100 |  | 59523 | 14343 | SH |  | SOLE |  | 14343 | 0 | 0 |
| Halliburton Co | COM | 406216101 |  | 213311 | 8408 | SH |  | SOLE |  | 8408 | 0 | 0 |
| Halozyme Therapeutics Inc. | COM | 40637H109 |  | 569759 | 8929 | SH |  | SOLE |  | 8929 | 0 | 0 |
| Healthequity Inc | COM | 42226A107 |  | 345262 | 3907 | SH |  | SOLE |  | 3907 | 0 | 0 |
| Healthpeak Properties Inc. | COM | 42250P103 |  | 208569 | 10315 | SH |  | SOLE |  | 10315 | 0 | 0 |
| Home Bancshares Inc | COM | 436893200 |  | 248408 | 8787 | SH |  | SOLE |  | 8787 | 0 | 0 |
| Home Depot Inc | COM | 437076102 |  | 922089 | 2516 | SH |  | SOLE |  | 2516 | 0 | 0 |
| Honeywell International Inc | COM | 438516106 |  | 629109 | 2971 | SH |  | SOLE |  | 2971 | 0 | 0 |
| Hope Bancorp Inc. | COM | 43940T109 |  | 118604 | 11328 | SH |  | SOLE |  | 11328 | 0 | 0 |
| Incyte Corp. | COM | 45337C102 |  | 365904 | 6043 | SH |  | SOLE |  | 6043 | 0 | 0 |
| Intel Corp | COM | 458140100 |  | 346441 | 15255 | SH |  | SOLE |  | 15255 | 0 | 0 |
| Iovance Biotherapeutics Inc. | COM | 462260100 |  | 101385 | 30446 | SH |  | SOLE |  | 30446 | 0 | 0 |
| Iridium Communications Inc. | COM | 46269C102 |  | 283746 | 10386 | SH |  | SOLE |  | 10386 | 0 | 0 |
| JBT Marel Corp. | COM | 477839104 |  | 218494 | 1788 | SH |  | SOLE |  | 1788 | 0 | 0 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 3375328 | 13760 | SH |  | SOLE |  | 13760 | 0 | 0 |
| Jacobs Engineering Group Inc | COM | 46982L108 |  | 769344 | 6364 | SH |  | SOLE |  | 6364 | 0 | 0 |
| JetBlue Airlines | COM | 477143101 |  | 218428 | 45317 | SH |  | SOLE |  | 45317 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 1161212 | 7002 | SH |  | SOLE |  | 7002 | 0 | 0 |
| Kaufman and Broad Home Corp. | COM | 48666K109 |  | 437411 | 7526 | SH |  | SOLE |  | 7526 | 0 | 0 |
| Kimberly-Clark Corp | COM | 494368103 |  | 777943 | 5470 | SH |  | SOLE |  | 5470 | 0 | 0 |
| L3Harris Tech | COM | 502431109 |  | 552578 | 2640 | SH |  | SOLE |  | 2640 | 0 | 0 |
| LAM Research Corp | COM | 512807306 |  | 715804 | 9846 | SH |  | SOLE |  | 9846 | 0 | 0 |
| Las Vegas Sands Corp. | COM | 517834107 |  | 511809 | 13249 | SH |  | SOLE |  | 13249 | 0 | 0 |
| Leidos Holdings Inc. | COM | 525327102 |  | 1777969 | 13176 | SH |  | SOLE |  | 13176 | 0 | 0 |
| Lennar Corp-A | COM | 526057104 |  | 878182 | 7651 | SH |  | SOLE |  | 7651 | 0 | 0 |
| Liberty Latin America Ltd. | COM | G9001E128 |  | 116984 | 18838 | SH |  | SOLE |  | 18838 | 0 | 0 |
| LifeStance Health Grp. | COM | 53228F101 |  | 82051 | 12320 | SH |  | SOLE |  | 12320 | 0 | 0 |
| Lilly (ELI) Co. | COM | 532457108 |  | 1662557 | 2013 | SH |  | SOLE |  | 2013 | 0 | 0 |
| Lincoln National Corp | COM | 534187109 |  | 598835 | 16676 | SH |  | SOLE |  | 16676 | 0 | 0 |
| Lockheed Martin Corp. | COM | 539830109 |  | 1056469 | 2365 | SH |  | SOLE |  | 2365 | 0 | 0 |
| Lowe's Companies | COM | 548661107 |  | 575845 | 2469 | SH |  | SOLE |  | 2469 | 0 | 0 |
| Lumentum Holdings Inc | COM | 55024U109 |  | 298796 | 4793 | SH |  | SOLE |  | 4793 | 0 | 0 |
| Lyondell Basell Indu-Cl A | COM | N53745100 |  | 327571 | 4653 | SH |  | SOLE |  | 4653 | 0 | 0 |
| Marriot International | COM | 571903202 |  | 485213 | 2037 | SH |  | SOLE |  | 2037 | 0 | 0 |
| Masco Corp. | COM | 574599106 |  | 326908 | 4701 | SH |  | SOLE |  | 4701 | 0 | 0 |
| MasterCard Inc-Class A | COM | 57636Q104 |  | 1419083 | 2589 | SH |  | SOLE |  | 2589 | 0 | 0 |
| Matador Resources Co. | COM | 576485205 |  | 221118 | 4328 | SH |  | SOLE |  | 4328 | 0 | 0 |
| McDonalds Corp. | COM | 580135101 |  | 2067577 | 6619 | SH |  | SOLE |  | 6619 | 0 | 0 |
| Medpace Holdings Inc. | COM | 58506Q109 |  | 334245 | 1097 | SH |  | SOLE |  | 1097 | 0 | 0 |
| Medtronic PLC | COM | G5960L103 |  | 705671 | 7853 | SH |  | SOLE |  | 7853 | 0 | 0 |
| Merck  Co. Inc. | COM | 58933Y105 |  | 744200 | 8291 | SH |  | SOLE |  | 8291 | 0 | 0 |
| Mercury Systems Inc. | COM | 589378108 |  | 339722 | 7884 | SH |  | SOLE |  | 7884 | 0 | 0 |
| Meta Platforms Inc. | COM | 30303M102 |  | 5440838 | 9440 | SH |  | SOLE |  | 9440 | 0 | 0 |
| Micron Technology Inc | COM | 595112103 |  | 2004726 | 23072 | SH |  | SOLE |  | 23072 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 8869340 | 23627 | SH |  | SOLE |  | 23627 | 0 | 0 |
| Mondelez International Inc-A | COM | 609207105 |  | 310346 | 4574 | SH |  | SOLE |  | 4574 | 0 | 0 |
| Moog Inc-Class A | COM | 615394202 |  | 291401 | 1681 | SH |  | SOLE |  | 1681 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 906876 | 7773 | SH |  | SOLE |  | 7773 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 11902075 | 109818 | SH |  | SOLE |  | 109818 | 0 | 0 |
| Netflix Inc | COM | 64110L106 |  | 3112785 | 3338 | SH |  | SOLE |  | 3338 | 0 | 0 |
| Network App. Inc. | COM | 64110D104 |  | 576582 | 6564 | SH |  | SOLE |  | 6564 | 0 | 0 |
| Newmont Mining Corp | COM | 651639106 |  | 936970 | 19407 | SH |  | SOLE |  | 19407 | 0 | 0 |
| Northrop Grumman Corp | COM | 666807102 |  | 482825 | 943 | SH |  | SOLE |  | 943 | 0 | 0 |
| Nucor Corporation | COM | 670346105 |  | 760910 | 6323 | SH |  | SOLE |  | 6323 | 0 | 0 |
| Occidental Petroleum Corp | COM | 674599105 |  | 579536 | 11741 | SH |  | SOLE |  | 11741 | 0 | 0 |
| Old Dominion Freight Line | COM | 679580100 |  | 312535 | 1889 | SH |  | SOLE |  | 1889 | 0 | 0 |
| On Semiconductor Corp. | COM | 682189105 |  | 363199 | 8926 | SH |  | SOLE |  | 8926 | 0 | 0 |
| Opko Health Inc. | COM | 68375N103 |  | 44317 | 26697 | SH |  | SOLE |  | 26697 | 0 | 0 |
| Oracle Systems Corp. | COM | 68389X105 |  | 1134698 | 8116 | SH |  | SOLE |  | 8116 | 0 | 0 |
| PPG Industries Inc | COM | 693506107 |  | 575618 | 5264 | SH |  | SOLE |  | 5264 | 0 | 0 |
| Pacific Biosciences of Califor | COM | 69404D108 |  | 15019 | 12728 | SH |  | SOLE |  | 12728 | 0 | 0 |
| Palo Alto NetworksInc. | COM | 697435105 |  | 882550 | 5172 | SH |  | SOLE |  | 5172 | 0 | 0 |
| Paypal Holdings Inc | COM | 70450Y103 |  | 570220 | 8739 | SH |  | SOLE |  | 8739 | 0 | 0 |
| Pebblebrook Hotel Trust | COM | 70509V100 |  | 128793 | 12714 | SH |  | SOLE |  | 12714 | 0 | 0 |
| Peloton Interactive | COM | 70614W100 |  | 65153 | 10309 | SH |  | SOLE |  | 10309 | 0 | 0 |
| Pepsico Inc | COM | 713448108 |  | 815224 | 5437 | SH |  | SOLE |  | 5437 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 429032 | 16931 | SH |  | SOLE |  | 16931 | 0 | 0 |
| Pinterest Inc. | COM | 72352L106 |  | 456103 | 14713 | SH |  | SOLE |  | 14713 | 0 | 0 |
| Pool Corp | COM | 73278L105 |  | 387114 | 1216 | SH |  | SOLE |  | 1216 | 0 | 0 |
| Procter  Gamble Co/The | COM | 742718109 |  | 1349726 | 7920 | SH |  | SOLE |  | 7920 | 0 | 0 |
| Prudential Financial Inc | COM | 744320102 |  | 1004338 | 8993 | SH |  | SOLE |  | 8993 | 0 | 0 |
| Q2 Holdings Inc. | COM | 74736L109 |  | 546548 | 6831 | SH |  | SOLE |  | 6831 | 0 | 0 |
| Qualcomm Inc | COM | 747525103 |  | 1163903 | 7577 | SH |  | SOLE |  | 7577 | 0 | 0 |
| RLJ Lodging Trust | COM | 74965L101 |  | 166558 | 21110 | SH |  | SOLE |  | 21110 | 0 | 0 |
| Raytheon Technologies Corp. | COM | 75513E101 |  | 1532695 | 11571 | SH |  | SOLE |  | 11571 | 0 | 0 |
| Redfin Corp. | COM | 75737F108 |  | 154258 | 16749 | SH |  | SOLE |  | 16749 | 0 | 0 |
| Regeneron Pharmaceuticals | COM | 75886F107 |  | 292380 | 461 | SH |  | SOLE |  | 461 | 0 | 0 |
| SIGA Technologies | COM | 826917106 |  | 138228 | 25224 | SH |  | SOLE |  | 25224 | 0 | 0 |
| SM Energy | COM | 78454L100 |  | 221780 | 7405 | SH |  | SOLE |  | 7405 | 0 | 0 |
| Salesforce.com | COM | 79466L302 |  | 614544 | 2290 | SH |  | SOLE |  | 2290 | 0 | 0 |
| Schlumberger LTD | COM | 806857108 |  | 310240 | 7422 | SH |  | SOLE |  | 7422 | 0 | 0 |
| Selective Insurance Group | COM | 816300107 |  | 313067 | 3420 | SH |  | SOLE |  | 3420 | 0 | 0 |
| Servicenow Inc. | COM | 81762P102 |  | 938649 | 1179 | SH |  | SOLE |  | 1179 | 0 | 0 |
| Shake Shack Inc.-Class A | COM | 819047101 |  | 296075 | 3358 | SH |  | SOLE |  | 3358 | 0 | 0 |
| Simpson Man. Co. | COM | 829073105 |  | 270178 | 1720 | SH |  | SOLE |  | 1720 | 0 | 0 |
| Southern Co/The | COM | 842587107 |  | 447796 | 4870 | SH |  | SOLE |  | 4870 | 0 | 0 |
| Southwest Airlines Co | COM | 844741108 |  | 237276 | 7066 | SH |  | SOLE |  | 7066 | 0 | 0 |
| Stag Industrial Inc. | COM | 85254J102 |  | 285781 | 7912 | SH |  | SOLE |  | 7912 | 0 | 0 |
| Starbucks | COM | 855244109 |  | 2864326 | 29201 | SH |  | SOLE |  | 29201 | 0 | 0 |
| Sterling Infrastructure | COM | 859241101 |  | 260043 | 2297 | SH |  | SOLE |  | 2297 | 0 | 0 |
| Sunnova Energy International | COM | 86745K104 |  | 5768 | 15505 | SH |  | SOLE |  | 15505 | 0 | 0 |
| Sunpower Corp. | COM | 867652406 |  | 6 | 64376 | SH |  | SOLE |  | 64376 | 0 | 0 |
| T-Mobile Inc. | COM | 872590104 |  | 944954 | 3543 | SH |  | SOLE |  | 3543 | 0 | 0 |
| TG Therapeutics Inc. | COM | 88322Q108 |  | 241312 | 6120 | SH |  | SOLE |  | 6120 | 0 | 0 |
| Take-Two Interactive Software | COM | 874054109 |  | 1658622 | 8003 | SH |  | SOLE |  | 8003 | 0 | 0 |
| Target Corp. | COM | 87612E106 |  | 1563208 | 14979 | SH |  | SOLE |  | 14979 | 0 | 0 |
| Teleflex Inc. | COM | 879369106 |  | 612596 | 4433 | SH |  | SOLE |  | 4433 | 0 | 0 |
| Tesla Motors Inc | COM | 88160R101 |  | 1838481 | 7094 | SH |  | SOLE |  | 7094 | 0 | 0 |
| Texas Capital Bancshares Inc | COM | 88224Q107 |  | 216555 | 2899 | SH |  | SOLE |  | 2899 | 0 | 0 |
| Texas Instruments Inc | COM | 882508104 |  | 739645 | 4116 | SH |  | SOLE |  | 4116 | 0 | 0 |
| Texas Roadhouse Inc | COM | 882681109 |  | 311098 | 1867 | SH |  | SOLE |  | 1867 | 0 | 0 |
| The Brinks Co. | COM | 109696104 |  | 355238 | 4123 | SH |  | SOLE |  | 4123 | 0 | 0 |
| The Ensign Group Inc. | COM | 29358P101 |  | 408386 | 3156 | SH |  | SOLE |  | 3156 | 0 | 0 |
| The Mosaic Company | COM | 61945C103 |  | 410768 | 15208 | SH |  | SOLE |  | 15208 | 0 | 0 |
| Thermo Fisher Scientific Inc | COM | 883556102 |  | 1586846 | 3189 | SH |  | SOLE |  | 3189 | 0 | 0 |
| Truist Financial Corp | COM | 89832Q109 |  | 338541 | 8227 | SH |  | SOLE |  | 8227 | 0 | 0 |
| UBER Technologies Inc. | COM | 90353T100 |  | 465575 | 6390 | SH |  | SOLE |  | 6390 | 0 | 0 |
| UFP Industries Inc. | COM | 90278Q108 |  | 219004 | 2046 | SH |  | SOLE |  | 2046 | 0 | 0 |
| Under Armour Inc. | COM | 904311107 |  | 733587 | 117374 | SH |  | SOLE |  | 117374 | 0 | 0 |
| Union Pacific Corp | COM | 907818108 |  | 1355545 | 5738 | SH |  | SOLE |  | 5738 | 0 | 0 |
| UnitedHealth Group Inc | COM | 91324P102 |  | 1236574 | 2361 | SH |  | SOLE |  | 2361 | 0 | 0 |
| Utilities Select Sector SPDR | COM | 81369Y886 |  | 2835919 | 35966 | SH |  | SOLE |  | 35966 | 0 | 0 |
| Valley National Bancorp | COM | 919794107 |  | 190922 | 21476 | SH |  | SOLE |  | 21476 | 0 | 0 |
| Veralto Corp | COM | 92338C103 |  | 409485 | 4202 | SH |  | SOLE |  | 4202 | 0 | 0 |
| Verizon Communications Inc | COM | 92343V104 |  | 554844 | 12232 | SH |  | SOLE |  | 12232 | 0 | 0 |
| Verve Therapeutics | COM | 92539P101 |  | 122654 | 26839 | SH |  | SOLE |  | 26839 | 0 | 0 |
| Viavi Solutions Inc | COM | 925550105 |  | 335790 | 30008 | SH |  | SOLE |  | 30008 | 0 | 0 |
| Visa Inc-Class A Shares | COM | 92826C839 |  | 1571463 | 4484 | SH |  | SOLE |  | 4484 | 0 | 0 |
| Vornado Realty Trust | COM | 929042109 |  | 316819 | 8565 | SH |  | SOLE |  | 8565 | 0 | 0 |
| WD 40 Company | COM | 929236107 |  | 295484 | 1211 | SH |  | SOLE |  | 1211 | 0 | 0 |
| Wal-Mart Stores Inc | COM | 931142103 |  | 1475662 | 16809 | SH |  | SOLE |  | 16809 | 0 | 0 |
| Walt Disney Co/The | COM | 254687106 |  | 840825 | 8519 | SH |  | SOLE |  | 8519 | 0 | 0 |
| Warner Bros Discovery Inc. | COM | 934423104 |  | 394137 | 36732 | SH |  | SOLE |  | 36732 | 0 | 0 |
| Waste Mgmt Holding | COM | 94106L109 |  | 1868980 | 8073 | SH |  | SOLE |  | 8073 | 0 | 0 |
| Watts Water Tech Cl-A | COM | 942749102 |  | 405801 | 1990 | SH |  | SOLE |  | 1990 | 0 | 0 |
| Wells Fargo  Co | COM | 949746101 |  | 635413 | 8851 | SH |  | SOLE |  | 8851 | 0 | 0 |
| West Pharmaceutical Services | COM | 955306105 |  | 429402 | 1918 | SH |  | SOLE |  | 1918 | 0 | 0 |
| Weyerhaeuser Corp | COM | 962166104 |  | 353117 | 12060 | SH |  | SOLE |  | 12060 | 0 | 0 |
| Whirlpool Corp | COM | 963320106 |  | 364756 | 4047 | SH |  | SOLE |  | 4047 | 0 | 0 |
| Wynn Resorts LTD | COM | 983134107 |  | 626584 | 7504 | SH |  | SOLE |  | 7504 | 0 | 0 |
| Yext Inc | COM | 98585N106 |  | 122947 | 19959 | SH |  | SOLE |  | 19959 | 0 | 0 |
| Zillow Group Inc - A | COM | 98954M101 |  | 620260 | 9277 | SH |  | SOLE |  | 9277 | 0 | 0 |
| Zimmer Biomet Holdings | COM | 98956P102 |  | 472640 | 4176 | SH |  | SOLE |  | 4176 | 0 | 0 |
| Zoetis Inc. | COM | 98978V103 |  | 476168 | 2892 | SH |  | SOLE |  | 2892 | 0 | 0 |
| iRhythm Technologies Inc. | COM | 450056106 |  | 596257 | 5696 | SH |  | SOLE |  | 5696 | 0 | 0 |
| IShares Core MSCI EAFE ETF | FND | 46432F842 |  | 8265746 | 109263 | SH |  | SOLE |  | 109263 | 0 | 0 |
| IShares MSCI EAFE Index ETF | FND | 464287465 |  | 4556366 | 55749 | SH |  | SOLE |  | 55749 | 0 | 0 |
| IShares Russell 2000 ETF | FND | 464287655 |  | 320780 | 1608 | SH |  | SOLE |  | 1608 | 0 | 0 |
| IShares Russell 3000 ETF | FND | 464287689 |  | 212184 | 668 | SH |  | SOLE |  | 668 | 0 | 0 |
| IShares S 500 Index | FND | 464287200 |  | 72608718 | 129220 | SH |  | SOLE |  | 129220 | 0 | 0 |
| IShares S MidCap 400 | FND | 464287507 |  | 17004357 | 291420 | SH |  | SOLE |  | 291420 | 0 | 0 |
| IShares S SmCap 600 | FND | 464287804 |  | 11610093 | 111027 | SH |  | SOLE |  | 111027 | 0 | 0 |
| Zoetis Inc. | COM | 98978V103 |  | 471519 | 2894 | SH |  | SOLE |  | 2894 | 0 | 0 |
| iRhythm Technologies Inc. | COM | 450056106 |  | 526052 | 5834 | SH |  | SOLE |  | 5834 | 0 | 0 |
| IShares Core MSCI EAFE ETF | FND | 46432F842 |  | 7723139 | 109891 | SH |  | SOLE |  | 109891 | 0 | 0 |
| IShares MSCI EAFE Index ETF | FND | 464287465 |  | 4239377 | 56069 | SH |  | SOLE |  | 56069 | 0 | 0 |
| IShares Russell 2000 ETF | FND | 464287655 |  | 369003 | 1670 | SH |  | SOLE |  | 1670 | 0 | 0 |
| IShares Russell 3000 ETF | FND | 464287689 |  | 252359 | 755 | SH |  | SOLE |  | 755 | 0 | 0 |
| IShares S 500 Index | FND | 464287200 |  | 76184611 | 129416 | SH |  | SOLE |  | 129416 | 0 | 0 |
| IShares S MidCap 400 | FND | 464287507 |  | 18022607 | 289241 | SH |  | SOLE |  | 289241 | 0 | 0 |
| IShares S SmCap 600 | FND | 464287804 |  | 12595735 | 109319 | SH |  | SOLE |  | 109319 | 0 | 0 |

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