# EDGAR Filing Document

**Accession Number:** 0001280043
**File Stem:** 0001941040-26-000079
**Filing Date:** 2026-2
**Character Count:** 27967
**Document Hash:** d0e1a0b6d3fa083ab687a6f51a21fac7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-26-000079.hdr.sgml**: 20260209

**ACCESSION NUMBER**: 0001941040-26-000079

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260209

**DATE AS OF CHANGE**: 20260209

**EFFECTIVENESS DATE**: 20260209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUMMITRY LLC
- **CENTRAL INDEX KEY:** 0001280043

**ORGANIZATION NAME:**
- **EIN:** 202133053
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10724
- **FILM NUMBER:** 26610274

**BUSINESS ADDRESS:**
- **STREET 1:** 919 E HILLSDALE BLVD
- **STREET 2:** SUITE 150
- **CITY:** FOSTER CITY
- **STATE:** CA
- **ZIP:** 94404
- **BUSINESS PHONE:** 650-212-2240

**MAIL ADDRESS:**
- **STREET 1:** 919 E HILLSDALE BLVD
- **STREET 2:** SUITE 150
- **CITY:** FOSTER CITY
- **STATE:** CA
- **ZIP:** 94404

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLUB GROUP LLC
- **DATE OF NAME CHANGE:** 20060911

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLUB GROUP INC
- **DATE OF NAME CHANGE:** 20040212

### 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:** SUMMITRY LLC<br>**Address:** 919 E Hillsdale Blvd<br>Suite 150<br>Foster City, CA 94404

**Form 13F File Number:** 028-10724

**CRD Number (if applicable):** 000128586

**SEC File Number (if applicable):** 801-62398

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:** Jennifer Rouse<br>**Title:** Chief Compliance Officer<br>**Phone:** 650-212-2240

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

Jennifer Rouse  Foster City, CA  02-09-2026<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:** 251

**Form 13F Information Table Value Total:** $2399917282

      (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 |
| 3M CO | COM | 88579Y101 |  | 6392046 | 39925 | SH |  | SOLE |  | 0 | 0 | 39925 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 582170 | 7635 | SH |  | SOLE |  | 0 | 0 | 7635 |
| ABBOTT LABS | COM | 002824100 |  | 332771 | 2656 | SH |  | SOLE |  | 0 | 0 | 2656 |
| ABBVIE INC | COM | 00287Y109 |  | 961086 | 4206 | SH |  | SOLE |  | 0 | 0 | 4206 |
| ABRDN GLOBAL PREMIER PPTYS F | COM SH BEN INT | 00302L108 |  | 65280 | 17000 | SH |  | SOLE |  | 0 | 0 | 17000 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 203908 | 760 | SH |  | SOLE |  | 0 | 0 | 760 |
| ADOBE INC | COM | 00724F101 |  | 342991 | 980 | SH |  | SOLE |  | 0 | 0 | 980 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 257849 | 1204 | SH |  | SOLE |  | 0 | 0 | 1204 |
| AFLAC INC | COM | 001055102 |  | 639456 | 5799 | SH |  | SOLE |  | 0 | 0 | 5799 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 84841452 | 623513 | SH |  | SOLE |  | 0 | 0 | 623513 |
| AGILYSYS INC | COM | 00847J105 |  | 399541 | 3362 | SH |  | SOLE |  | 0 | 0 | 3362 |
| ALARM COM HLDGS INC | COM | 011642105 |  | 268876 | 5270 | SH |  | SOLE |  | 0 | 0 | 5270 |
| ALCON AG | ORD SHS | H01301128 |  | 320239 | 4063 | SH |  | SOLE |  | 0 | 0 | 4063 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 10217241 | 32560 | SH |  | SOLE |  | 0 | 0 | 32560 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 109163868 | 348766 | SH |  | SOLE |  | 0 | 0 | 348766 |
| AMAZON COM INC | COM | 023135106 |  | 116433456 | 504434 | SH |  | SOLE |  | 0 | 0 | 504434 |
| AMCOR PLC | ORD | G0250X107 |  | 152180 | 18247 | SH |  | SOLE |  | 0 | 0 | 18247 |
| AMEREN CORP | COM | 023608102 |  | 204214 | 2045 | SH |  | SOLE |  | 0 | 0 | 2045 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 220491 | 596 | SH |  | SOLE |  | 0 | 0 | 596 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 342029 | 3998 | SH |  | SOLE |  | 0 | 0 | 3998 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 291622 | 1661 | SH |  | SOLE |  | 0 | 0 | 1661 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 258390 | 1980 | SH |  | SOLE |  | 0 | 0 | 1980 |
| AMGEN INC | COM | 031162100 |  | 283992 | 868 | SH |  | SOLE |  | 0 | 0 | 868 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 349306 | 2413 | SH |  | SOLE |  | 0 | 0 | 2413 |
| APPLE INC | COM | 037833100 |  | 24412101 | 89797 | SH |  | SOLE |  | 0 | 0 | 89797 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 959788 | 897 | SH |  | SOLE |  | 0 | 0 | 897 |
| AT INC | COM | 00206R102 |  | 6508479 | 262016 | SH |  | SOLE |  | 0 | 0 | 262016 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 303532 | 1180 | SH |  | SOLE |  | 0 | 0 | 1180 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 259773 | 3015 | SH |  | SOLE |  | 0 | 0 | 3015 |
| BALCHEM CORP | COM | 057665200 |  | 569784 | 3715 | SH |  | SOLE |  | 0 | 0 | 3715 |
| BALL CORP | COM | 058498106 |  | 201181 | 3798 | SH |  | SOLE |  | 0 | 0 | 3798 |
| BANCO BILBAO VIZCAYA ARGENTA | SPONSORED ADR | 05946K101 |  | 585213 | 25106 | SH |  | SOLE |  | 0 | 0 | 25106 |
| BANK AMERICA CORP | COM | 060505104 |  | 841423 | 15299 | SH |  | SOLE |  | 0 | 0 | 15299 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 2028240 | 1620 | SH |  | SOLE |  | 0 | 0 | 1620 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 210936 | 1817 | SH |  | SOLE |  | 0 | 0 | 1817 |
| BERKLEY W R CORP | COM | 084423102 |  | 207205 | 2955 | SH |  | SOLE |  | 0 | 0 | 2955 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4721895 | 9394 | SH |  | SOLE |  | 0 | 0 | 9394 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 754800 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 301918 | 5134 | SH |  | SOLE |  | 0 | 0 | 5134 |
| BIOGEN INC | COM | 09062X103 |  | 843697 | 4794 | SH |  | SOLE |  | 0 | 0 | 4794 |
| BLACKBAUD INC | COM | 09227Q100 |  | 310585 | 4905 | SH |  | SOLE |  | 0 | 0 | 4905 |
| BLACKROCK INC | COM | 09290D101 |  | 652923 | 610 | SH |  | SOLE |  | 0 | 0 | 610 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 508757 | 95 | SH |  | SOLE |  | 0 | 0 | 95 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 427199 | 4213 | SH |  | SOLE |  | 0 | 0 | 4213 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 357083 | 6620 | SH |  | SOLE |  | 0 | 0 | 6620 |
| BROADCOM INC | COM | 11135F101 |  | 2534963 | 7324 | SH |  | SOLE |  | 0 | 0 | 7324 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 8491879 | 162090 | SH |  | SOLE |  | 0 | 0 | 162090 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 254789 | 9777 | SH |  | SOLE |  | 0 | 0 | 9777 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 52351310 | 990752 | SH |  | SOLE |  | 0 | 0 | 990752 |
| CASELLA WASTE SYS INC | CL A | 147448104 |  | 568248 | 5802 | SH |  | SOLE |  | 0 | 0 | 5802 |
| CATERPILLAR INC | COM | 149123101 |  | 12893996 | 22508 | SH |  | SOLE |  | 0 | 0 | 22508 |
| CENCORA INC | COM | 03073E105 |  | 8426289 | 24948 | SH |  | SOLE |  | 0 | 0 | 24948 |
| CENTENE CORP DEL | COM | 15135B101 |  | 974103 | 23672 | SH |  | SOLE |  | 0 | 0 | 23672 |
| CERTARA INC | COM | 15687V109 |  | 204745 | 23240 | SH |  | SOLE |  | 0 | 0 | 23240 |
| CHEVRON CORP NEW | COM | 166764100 |  | 554761 | 3640 | SH |  | SOLE |  | 0 | 0 | 3640 |
| CHUBB LIMITED | COM | H1467J104 |  | 1977905 | 6337 | SH |  | SOLE |  | 0 | 0 | 6337 |
| CISCO SYS INC | COM | 17275R102 |  | 9485804 | 123144 | SH |  | SOLE |  | 0 | 0 | 123144 |
| CITIGROUP INC | COM NEW | 172967424 |  | 277956 | 2382 | SH |  | SOLE |  | 0 | 0 | 2382 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 352563 | 6036 | SH |  | SOLE |  | 0 | 0 | 6036 |
| COCA COLA CO | COM | 191216100 |  | 691620 | 9893 | SH |  | SOLE |  | 0 | 0 | 9893 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 391812 | 22635 | SH |  | SOLE |  | 0 | 0 | 22635 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 574368 | 5783 | SH |  | SOLE |  | 0 | 0 | 5783 |
| CONSTRUCTION PARTNERS INC | COM CL A | 21044C107 |  | 861670 | 7938 | SH |  | SOLE |  | 0 | 0 | 7938 |
| CORPAY INC | COM SHS | 219948106 |  | 382182 | 1270 | SH |  | SOLE |  | 0 | 0 | 1270 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 410259 | 476 | SH |  | SOLE |  | 0 | 0 | 476 |
| CREDICORP LTD | COM | G2519Y108 |  | 382097 | 1331 | SH |  | SOLE |  | 0 | 0 | 1331 |
| DAYFORCE INC | COM | 15677J108 |  | 236459 | 3419 | SH |  | SOLE |  | 0 | 0 | 3419 |
| DEERE  CO | COM | 244199105 |  | 416686 | 895 | SH |  | SOLE |  | 0 | 0 | 895 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 398356 | 5740 | SH |  | SOLE |  | 0 | 0 | 5740 |
| DENISON MINES CORP | COM | 248356107 |  | 26600 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| DESCARTES SYS GROUP INC | COM | 249906108 |  | 556904 | 6353 | SH |  | SOLE |  | 0 | 0 | 6353 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 230773 | 2675 | SH |  | SOLE |  | 0 | 0 | 2675 |
| DIGI INTL INC | COM | 253798102 |  | 298095 | 6886 | SH |  | SOLE |  | 0 | 0 | 6886 |
| DISNEY WALT CO | COM | 254687106 |  | 461436 | 4056 | SH |  | SOLE |  | 0 | 0 | 4056 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 1088714 | 8200 | SH |  | SOLE |  | 0 | 0 | 8200 |
| DONALDSON INC | COM | 257651109 |  | 300092 | 3385 | SH |  | SOLE |  | 0 | 0 | 3385 |
| DORMAN PRODS INC | COM | 258278100 |  | 226301 | 1837 | SH |  | SOLE |  | 0 | 0 | 1837 |
| DTE ENERGY CO | COM | 233331107 |  | 202112 | 1567 | SH |  | SOLE |  | 0 | 0 | 1567 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 210627 | 1797 | SH |  | SOLE |  | 0 | 0 | 1797 |
| EATON CORP PLC | SHS | G29183103 |  | 7045318 | 22120 | SH |  | SOLE |  | 0 | 0 | 22120 |
| ELI LILLY  CO | COM | 532457108 |  | 901714 | 839 | SH |  | SOLE |  | 0 | 0 | 839 |
| EMERSON ELEC CO | COM | 291011104 |  | 8028733 | 60494 | SH |  | SOLE |  | 0 | 0 | 60494 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 496610 | 15490 | SH |  | SOLE |  | 0 | 0 | 15490 |
| EOG RES INC | COM | 26875P101 |  | 499743 | 4759 | SH |  | SOLE |  | 0 | 0 | 4759 |
| EPLUS INC | COM | 294268107 |  | 332682 | 3793 | SH |  | SOLE |  | 0 | 0 | 3793 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 227764 | 3613 | SH |  | SOLE |  | 0 | 0 | 3613 |
| ESCO TECHNOLOGIES INC | COM | 296315104 |  | 711270 | 3640 | SH |  | SOLE |  | 0 | 0 | 3640 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 463959 | 1773 | SH |  | SOLE |  | 0 | 0 | 1773 |
| EXLSERVICE HOLDINGS INC | COM | 302081104 |  | 805597 | 18982 | SH |  | SOLE |  | 0 | 0 | 18982 |
| EXPONENT INC | COM | 30214U102 |  | 491857 | 7081 | SH |  | SOLE |  | 0 | 0 | 7081 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 729864 | 6065 | SH |  | SOLE |  | 0 | 0 | 6065 |
| FEDEX CORP | COM | 31428X106 |  | 278750 | 965 | SH |  | SOLE |  | 0 | 0 | 965 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 202238 | 3043 | SH |  | SOLE |  | 0 | 0 | 3043 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 438938 | 9377 | SH |  | SOLE |  | 0 | 0 | 9377 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 286674 | 1843 | SH |  | SOLE |  | 0 | 0 | 1843 |
| FISERV INC | COM | 337738108 |  | 52137422 | 776201 | SH |  | SOLE |  | 0 | 0 | 776201 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 646696 | 6398 | SH |  | SOLE |  | 0 | 0 | 6398 |
| FORD MTR CO | COM | 345370860 |  | 185124 | 14110 | SH |  | SOLE |  | 0 | 0 | 14110 |
| GE AEROSPACE | COM NEW | 369604301 |  | 416319 | 1352 | SH |  | SOLE |  | 0 | 0 | 1352 |
| GE VERNOVA INC | COM | 36828A101 |  | 209796 | 321 | SH |  | SOLE |  | 0 | 0 | 321 |
| GENERAL MLS INC | COM | 370334104 |  | 651651 | 14014 | SH |  | SOLE |  | 0 | 0 | 14014 |
| GENMAB A/S | SPONSORED ADS | 372303206 |  | 326573 | 10603 | SH |  | SOLE |  | 0 | 0 | 10603 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 226824 | 1848 | SH |  | SOLE |  | 0 | 0 | 1848 |
| GLOBUS MED INC | CL A | 379577208 |  | 697957 | 7994 | SH |  | SOLE |  | 0 | 0 | 7994 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 351398 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 47091376 | 894593 | SH |  | SOLE |  | 0 | 0 | 894593 |
| HALEON PLC | SPON ADS | 405552100 |  | 513737 | 50815 | SH |  | SOLE |  | 0 | 0 | 50815 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 743687 | 20353 | SH |  | SOLE |  | 0 | 0 | 20353 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 363051 | 3963 | SH |  | SOLE |  | 0 | 0 | 3963 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 719702 | 3944 | SH |  | SOLE |  | 0 | 0 | 3944 |
| HERSHEY CO | COM | 427866108 |  | 302997 | 1665 | SH |  | SOLE |  | 0 | 0 | 1665 |
| HOME DEPOT INC | COM | 437076102 |  | 1276607 | 3710 | SH |  | SOLE |  | 0 | 0 | 3710 |
| HORMEL FOODS CORP | COM | 440452100 |  | 512679 | 21632 | SH |  | SOLE |  | 0 | 0 | 21632 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 294620 | 1516 | SH |  | SOLE |  | 0 | 0 | 1516 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 347920 | 20053 | SH |  | SOLE |  | 0 | 0 | 20053 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 356734 | 1049 | SH |  | SOLE |  | 0 | 0 | 1049 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 745561 | 2517 | SH |  | SOLE |  | 0 | 0 | 2517 |
| INTUIT | COM | 461202103 |  | 582268 | 879 | SH |  | SOLE |  | 0 | 0 | 879 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 233341 | 412 | SH |  | SOLE |  | 0 | 0 | 412 |
| INVESCO EXCHANGE TRADED FD T | RAFI US 1000 ETF | 46137V613 |  | 1689824 | 36015 | SH |  | SOLE |  | 0 | 0 | 36015 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 35607352 | 347762 | SH |  | SOLE |  | 0 | 0 | 347762 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1018923 | 1488 | SH |  | SOLE |  | 0 | 0 | 1488 |
| ISHARES TR | IBDS DEC28 ETF | 46435U515 |  | 35425323 | 1391684 | SH |  | SOLE |  | 0 | 0 | 1391684 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 34832107 | 1522715 | SH |  | SOLE |  | 0 | 0 | 1522715 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 290146 | 11950 | SH |  | SOLE |  | 0 | 0 | 11950 |
| ISHARES TR | IBONDS DEC 2031 | 46436E486 |  | 32764666 | 1549157 | SH |  | SOLE |  | 0 | 0 | 1549157 |
| ISHARES TR | IBONDS DEC 2033 | 46436E130 |  | 26731760 | 1022638 | SH |  | SOLE |  | 0 | 0 | 1022638 |
| ISHARES TR | IBONDS DEC 2034 | 46438G653 |  | 33293435 | 1262550 | SH |  | SOLE |  | 0 | 0 | 1262550 |
| ISHARES TR | IBONDS DEC 2034 | 46438G646 |  | 22178602 | 859319 | SH |  | SOLE |  | 0 | 0 | 859319 |
| ISHARES TR | IBONDS DEC 2035 | 46438G422 |  | 25283371 | 992283 | SH |  | SOLE |  | 0 | 0 | 992283 |
| ISHARES TR | IBONDS DEC 2044 | 46438G638 |  | 45017271 | 1821802 | SH |  | SOLE |  | 0 | 0 | 1821802 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 42995161 | 1837008 | SH |  | SOLE |  | 0 | 0 | 1837008 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 280305 | 11568 | SH |  | SOLE |  | 0 | 0 | 11568 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1960261 | 20413 | SH |  | SOLE |  | 0 | 0 | 20413 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 638028 | 5805 | SH |  | SOLE |  | 0 | 0 | 5805 |
| ISHARES TR | TRS FLT RT BD | 46434V860 |  | 20734480 | 410909 | SH |  | SOLE |  | 0 | 0 | 410909 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10959406 | 52957 | SH |  | SOLE |  | 0 | 0 | 52957 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1368791 | 4248 | SH |  | SOLE |  | 0 | 0 | 4248 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 5112455 | 50674 | SH |  | SOLE |  | 0 | 0 | 50674 |
| KINSALE CAP GROUP INC | COM | 49714P108 |  | 494018 | 1263 | SH |  | SOLE |  | 0 | 0 | 1263 |
| KRAFT HEINZ CO | COM | 500754106 |  | 280791 | 11579 | SH |  | SOLE |  | 0 | 0 | 11579 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 222531 | 887 | SH |  | SOLE |  | 0 | 0 | 887 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 240508 | 1405 | SH |  | SOLE |  | 0 | 0 | 1405 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 295457 | 3643 | SH |  | SOLE |  | 0 | 0 | 3643 |
| LENNAR CORP | CL A | 526057104 |  | 346231 | 3368 | SH |  | SOLE |  | 0 | 0 | 3368 |
| LINDE PLC | SHS | G54950103 |  | 236079 | 554 | SH |  | SOLE |  | 0 | 0 | 554 |
| LOEWS CORP | COM | 540424108 |  | 298660 | 2836 | SH |  | SOLE |  | 0 | 0 | 2836 |
| LOWES COS INC | COM | 548661107 |  | 88603131 | 367404 | SH |  | SOLE |  | 0 | 0 | 367404 |
| M  T BK CORP | COM | 55261F104 |  | 579860 | 2878 | SH |  | SOLE |  | 0 | 0 | 2878 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 282441 | 1649 | SH |  | SOLE |  | 0 | 0 | 1649 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 648741 | 17881 | SH |  | SOLE |  | 0 | 0 | 17881 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 85303834 | 149425 | SH |  | SOLE |  | 0 | 0 | 149425 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 252573 | 7822 | SH |  | SOLE |  | 0 | 0 | 7822 |
| MCDONALDS CORP | COM | 580135101 |  | 7731561 | 25297 | SH |  | SOLE |  | 0 | 0 | 25297 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 260035 | 2707 | SH |  | SOLE |  | 0 | 0 | 2707 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 433066 | 215 | SH |  | SOLE |  | 0 | 0 | 215 |
| MERCK  CO INC | COM | 58933Y105 |  | 532721 | 5061 | SH |  | SOLE |  | 0 | 0 | 5061 |
| META PLATFORMS INC | CL A | 30303M102 |  | 60014301 | 90918 | SH |  | SOLE |  | 0 | 0 | 90918 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 304268 | 1066 | SH |  | SOLE |  | 0 | 0 | 1066 |
| MICROSOFT CORP | COM | 594918104 |  | 74680445 | 154420 | SH |  | SOLE |  | 0 | 0 | 154420 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 637463 | 13656 | SH |  | SOLE |  | 0 | 0 | 13656 |
| MOODYS CORP | COM | 615369105 |  | 40868457 | 80001 | SH |  | SOLE |  | 0 | 0 | 80001 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 278190 | 1567 | SH |  | SOLE |  | 0 | 0 | 1567 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 381451 | 2772 | SH |  | SOLE |  | 0 | 0 | 2772 |
| NETFLIX INC | COM | 64110L106 |  | 30668803 | 327099 | SH |  | SOLE |  | 0 | 0 | 327099 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 469960 | 5854 | SH |  | SOLE |  | 0 | 0 | 5854 |
| NICE LTD | SPONSORED ADR | 653656108 |  | 437013 | 3866 | SH |  | SOLE |  | 0 | 0 | 3866 |
| NOVANTA INC | COM | 67000B104 |  | 446808 | 3755 | SH |  | SOLE |  | 0 | 0 | 3755 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 276981 | 2009 | SH |  | SOLE |  | 0 | 0 | 2009 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 28926791 | 155103 | SH |  | SOLE |  | 0 | 0 | 155103 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 34209801 | 218175 | SH |  | SOLE |  | 0 | 0 | 218175 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 462664 | 4221 | SH |  | SOLE |  | 0 | 0 | 4221 |
| ONTO INNOVATION INC | COM | 683344105 |  | 540513 | 3424 | SH |  | SOLE |  | 0 | 0 | 3424 |
| ORACLE CORP | COM | 68389X105 |  | 644178 | 3305 | SH |  | SOLE |  | 0 | 0 | 3305 |
| P T TELEKOMUNIKASI INDONESIA | SPONSORED ADR | 715684106 |  | 279174 | 13262 | SH |  | SOLE |  | 0 | 0 | 13262 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 354789 | 1996 | SH |  | SOLE |  | 0 | 0 | 1996 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 336642 | 383 | SH |  | SOLE |  | 0 | 0 | 383 |
| PEPSICO INC | COM | 713448108 |  | 612974 | 4271 | SH |  | SOLE |  | 0 | 0 | 4271 |
| PFIZER INC | COM | 717081103 |  | 548912 | 22045 | SH |  | SOLE |  | 0 | 0 | 22045 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 212520 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 214575 | 1028 | SH |  | SOLE |  | 0 | 0 | 1028 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 8217146 | 57338 | SH |  | SOLE |  | 0 | 0 | 57338 |
| PULTE GROUP INC | COM | 745867101 |  | 394229 | 3362 | SH |  | SOLE |  | 0 | 0 | 3362 |
| QUALCOMM INC | COM | 747525103 |  | 879533 | 5142 | SH |  | SOLE |  | 0 | 0 | 5142 |
| QUANTA SVCS INC | COM | 74762E102 |  | 298397 | 707 | SH |  | SOLE |  | 0 | 0 | 707 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 342549 | 1974 | SH |  | SOLE |  | 0 | 0 | 1974 |
| RBC BEARINGS INC | COM | 75524B104 |  | 927802 | 2069 | SH |  | SOLE |  | 0 | 0 | 2069 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 210757 | 7777 | SH |  | SOLE |  | 0 | 0 | 7777 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 43481684 | 1475957 | SH |  | SOLE |  | 0 | 0 | 1475957 |
| REPLIGEN CORP | COM | 759916109 |  | 285281 | 1741 | SH |  | SOLE |  | 0 | 0 | 1741 |
| REVVITY INC | COM | 714046109 |  | 290734 | 3005 | SH |  | SOLE |  | 0 | 0 | 3005 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 518496 | 6479 | SH |  | SOLE |  | 0 | 0 | 6479 |
| ROSS STORES INC | COM | 778296103 |  | 78203664 | 434127 | SH |  | SOLE |  | 0 | 0 | 434127 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 322832 | 4472 | SH |  | SOLE |  | 0 | 0 | 4472 |
| S GLOBAL INC | COM | 78409V104 |  | 549765 | 1052 | SH |  | SOLE |  | 0 | 0 | 1052 |
| SALESFORCE INC | COM | 79466L302 |  | 56866318 | 214663 | SH |  | SOLE |  | 0 | 0 | 214663 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 70664946 | 707286 | SH |  | SOLE |  | 0 | 0 | 707286 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL EMER | 808524730 |  | 779113 | 21606 | SH |  | SOLE |  | 0 | 0 | 21606 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 248384 | 5494 | SH |  | SOLE |  | 0 | 0 | 5494 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 275964 | 10142 | SH |  | SOLE |  | 0 | 0 | 10142 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US S | 808524763 |  | 1525620 | 48417 | SH |  | SOLE |  | 0 | 0 | 48417 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 1058938 | 44049 | SH |  | SOLE |  | 0 | 0 | 44049 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 |  | 235709 | 5177 | SH |  | SOLE |  | 0 | 0 | 5177 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 371520 | 13806 | SH |  | SOLE |  | 0 | 0 | 13806 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 233146 | 1503 | SH |  | SOLE |  | 0 | 0 | 1503 |
| SHELL PLC | SPON ADS | 780259305 |  | 845641 | 11508 | SH |  | SOLE |  | 0 | 0 | 11508 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 376794 | 3025 | SH |  | SOLE |  | 0 | 0 | 3025 |
| SLB LIMITED | COM STK | 806857108 |  | 283859 | 7396 | SH |  | SOLE |  | 0 | 0 | 7396 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 520139 | 20318 | SH |  | SOLE |  | 0 | 0 | 20318 |
| SOUTHERN CO | COM | 842587107 |  | 662459 | 7597 | SH |  | SOLE |  | 0 | 0 | 7597 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 267943 | 6483 | SH |  | SOLE |  | 0 | 0 | 6483 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 593130 | 12671 | SH |  | SOLE |  | 0 | 0 | 12671 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 391918 | 1959 | SH |  | SOLE |  | 0 | 0 | 1959 |
| STARBUCKS CORP | COM | 855244109 |  | 65182755 | 774050 | SH |  | SOLE |  | 0 | 0 | 774050 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 203570 | 2440 | SH |  | SOLE |  | 0 | 0 | 2440 |
| SYNOPSYS INC | COM | 871607107 |  | 238618 | 508 | SH |  | SOLE |  | 0 | 0 | 508 |
| SYSCO CORP | COM | 871829107 |  | 658568 | 8937 | SH |  | SOLE |  | 0 | 0 | 8937 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 171874595 | 565581 | SH |  | SOLE |  | 0 | 0 | 565581 |
| TARGET CORP | COM | 87612E106 |  | 203981 | 2087 | SH |  | SOLE |  | 0 | 0 | 2087 |
| TESLA INC | COM | 88160R101 |  | 2160006 | 4803 | SH |  | SOLE |  | 0 | 0 | 4803 |
| TEXAS INSTRS INC | COM | 882508104 |  | 271526 | 1565 | SH |  | SOLE |  | 0 | 0 | 1565 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 674590 | 4064 | SH |  | SOLE |  | 0 | 0 | 4064 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 353504 | 12684 | SH |  | SOLE |  | 0 | 0 | 12684 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 81405788 | 140488 | SH |  | SOLE |  | 0 | 0 | 140488 |
| TJX COS INC NEW | COM | 872540109 |  | 236398 | 1539 | SH |  | SOLE |  | 0 | 0 | 1539 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 332746 | 733 | SH |  | SOLE |  | 0 | 0 | 733 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 122735165 | 202865 | SH |  | SOLE |  | 0 | 0 | 202865 |
| UNION PAC CORP | COM | 907818108 |  | 1488440 | 6435 | SH |  | SOLE |  | 0 | 0 | 6435 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 268380 | 813 | SH |  | SOLE |  | 0 | 0 | 813 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 234372 | 1075 | SH |  | SOLE |  | 0 | 0 | 1075 |
| US BANCORP DEL | COM NEW | 902973304 |  | 7972983 | 149419 | SH |  | SOLE |  | 0 | 0 | 149419 |
| VALVOLINE INC | COM | 92047W101 |  | 230795 | 7942 | SH |  | SOLE |  | 0 | 0 | 7942 |
| VANGUARD CALIF TAX FREE FDS | TAX EXEMPT BD FD | 922021605 |  | 353618 | 3527 | SH |  | SOLE |  | 0 | 0 | 3527 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 452445 | 1754 | SH |  | SOLE |  | 0 | 0 | 1754 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1091705 | 3256 | SH |  | SOLE |  | 0 | 0 | 3256 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1009053 | 1609 | SH |  | SOLE |  | 0 | 0 | 1609 |
| VANGUARD INSTL INDEX FD | ULTRA-SHORT TREA | 922040852 |  | 249261 | 3303 | SH |  | SOLE |  | 0 | 0 | 3303 |
| VENTAS INC | COM | 92276F100 |  | 331187 | 4280 | SH |  | SOLE |  | 0 | 0 | 4280 |
| VERICEL CORP | COM | 92346J108 |  | 301404 | 8370 | SH |  | SOLE |  | 0 | 0 | 8370 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 6588111 | 161751 | SH |  | SOLE |  | 0 | 0 | 161751 |
| VERTEX INC | CL A | 92538J106 |  | 227898 | 11412 | SH |  | SOLE |  | 0 | 0 | 11412 |
| VIATRIS INC | COM | 92556V106 |  | 515704 | 41422 | SH |  | SOLE |  | 0 | 0 | 41422 |
| VISA INC | COM CL A | 92826C839 |  | 68315555 | 194792 | SH |  | SOLE |  | 0 | 0 | 194792 |
| WALMART INC | COM | 931142103 |  | 924629 | 8299 | SH |  | SOLE |  | 0 | 0 | 8299 |
| WD 40 CO | COM | 929236107 |  | 210592 | 1070 | SH |  | SOLE |  | 0 | 0 | 1070 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 2557320 | 2110 | SH |  | SOLE |  | 0 | 0 | 2110 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 84498005 | 906631 | SH |  | SOLE |  | 0 | 0 | 906631 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 284239 | 865 | SH |  | SOLE |  | 0 | 0 | 865 |
| WW GRAINGER INC | COM | 384802104 |  | 242172 | 240 | SH |  | SOLE |  | 0 | 0 | 240 |
| XAI OCTAGN FLT RAT  ALT INM | COM | 98400T106 |  | 120000 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 42698425 | 175844 | SH |  | SOLE |  | 0 | 0 | 175844 |

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