# EDGAR Filing Document

**Accession Number:** 0000922372
**File Stem:** 0002085853-26-000302
**Filing Date:** 2026-4
**Character Count:** 29726
**Document Hash:** 1acf2e2d79c6c01aed1c627f8bc98a21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000302.hdr.sgml**: 20260409

**ACCESSION NUMBER**: 0002085853-26-000302

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260409

**DATE AS OF CHANGE**: 20260409

**EFFECTIVENESS DATE**: 20260409

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIVERSIFIED MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0000922372

**ORGANIZATION NAME:**
- **EIN:** 391771341
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25973
- **FILM NUMBER:** 26850375

**BUSINESS ADDRESS:**
- **STREET 1:** 330 E. KILBOURN AVE.
- **STREET 2:** SUITE 1475
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142921900

**MAIL ADDRESS:**
- **STREET 1:** 330 E. KILBOURN AVE.
- **STREET 2:** SUITE 1475
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HOMAN MARK J CPA SC /WI/                                /ADV
- **DATE OF NAME CHANGE:** 19970122

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DIVERSIFIED MANAGEMENT INC                              /ADV
- **DATE OF NAME CHANGE:** 19940428

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** DIVERSIFIED MANAGEMENT INC<br>**Address:** 330 E. KILBOURN AVE.<br>SUITE 1475<br>MILWAUKEE, WI 53202

**Form 13F File Number:** 028-25973

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:** MICHAEL P. SCHMIDT<br>**Title:** CHAIRMAN AND PRESIDENT<br>**Phone:** 414-292-1903

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

/s/ MICHAEL P. SCHMIDT  Milwaukee, WI  04-09-2026<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:** 262

**Form 13F Information Table Value Total:** $583239009

      (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 |  | 545774 | 3758 | SH |  | SOLE |  | 3344 | 0 | 414 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 490660 | 4779 | SH |  | SOLE |  | 3434 | 0 | 1345 |
| ABBVIE INC | COM | 00287Y109 |  | 1324949 | 6092 | SH |  | SOLE |  | 3419 | 0 | 2673 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2704676 | 13640 | SH |  | SOLE |  | 0 | 0 | 13640 |
| ADAPTHEALTH CORP | COMMON STOCK | 00653Q102 |  | 129948 | 10920 | SH |  | SOLE |  | 0 | 0 | 10920 |
| AFFILIATED MANAGERS GROUP | COM | 008252108 |  | 221360 | 800 | SH |  | SOLE |  | 0 | 0 | 800 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 2337861 | 16091 | SH |  | SOLE |  | 210 | 0 | 15881 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3770267 | 13111 | SH |  | SOLE |  | 1519 | 0 | 11592 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3745138 | 13055 | SH |  | SOLE |  | 12085 | 0 | 970 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 562301 | 8521 | SH |  | SOLE |  | 840 | 0 | 7681 |
| AMAZON COM INC | COM | 023135106 |  | 6404094 | 30749 | SH |  | SOLE |  | 10657 | 0 | 20092 |
| AMGEN INC | COM | 031162100 |  | 322646 | 917 | SH |  | SOLE |  | 0 | 0 | 917 |
| ANALOG DEVICES INC | COM | 032654105 |  | 549110 | 1726 | SH |  | SOLE |  | 0 | 0 | 1726 |
| APPLE INC | COM | 037833100 |  | 18521635 | 72980 | SH |  | SOLE |  | 24175 | 0 | 48805 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 752182 | 2835 | SH |  | SOLE |  | 0 | 0 | 2835 |
| APPLIED MATLS INC | COM | 038222105 |  | 1653580 | 4838 | SH |  | SOLE |  | 0 | 0 | 4838 |
| APTARGROUP INC | COM | 038336103 |  | 1716896 | 13624 | SH |  | SOLE |  | 0 | 0 | 13624 |
| ARAMARK | COM | 03852U106 |  | 5870233 | 144801 | SH |  | SOLE |  | 0 | 0 | 144801 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 2009743 | 20937 | SH |  | SOLE |  | 0 | 0 | 20937 |
| ARK ETF TR | AUTNMUS TECHNLGY | 00214Q203 |  | 314860 | 2800 | SH |  | SOLE |  | 0 | 0 | 2800 |
| ARROW ELECTRS INC | COM | 042735100 |  | 1763656 | 12298 | SH |  | SOLE |  | 0 | 0 | 12298 |
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 |  | 1309312 | 35980 | SH |  | SOLE |  | 35980 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 664377 | 503 | SH |  | SOLE |  | 0 | 0 | 503 |
| AT INC | COM | 00206R102 |  | 1788125 | 61681 | SH |  | SOLE |  | 26501 | 0 | 35180 |
| AUTOZONE INC | COM | 053332102 |  | 773512 | 229 | SH |  | SOLE |  | 0 | 0 | 229 |
| AVERY DENNISON CORP | COM | 053611109 |  | 3280402 | 18997 | SH |  | SOLE |  | 0 | 0 | 18997 |
| BANK AMERICA CORP | COM | 060505104 |  | 2009378 | 41218 | SH |  | SOLE |  | 40000 | 0 | 1218 |
| BANK FIRST CORP | COM | 06211J100 |  | 274037 | 2029 | SH |  | SOLE |  | 2029 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 2835643 | 18035 | SH |  | SOLE |  | 1200 | 0 | 16835 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4101952 | 8560 | SH |  | SOLE |  | 3207 | 0 | 5353 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 718140 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 906645 | 9212 | SH |  | SOLE |  | 0 | 0 | 9212 |
| BLACKROCK INC | COM | 09290D101 |  | 411612 | 428 | SH |  | SOLE |  | 0 | 0 | 428 |
| BLACKSTONE INC | COM | 09260D107 |  | 228945 | 1991 | SH |  | SOLE |  | 216 | 0 | 1775 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 4227161 | 1004 | SH |  | SOLE |  | 7 | 0 | 997 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 279115 | 4602 | SH |  | SOLE |  | 2365 | 0 | 2237 |
| BROADCOM INC | COM | 11135F101 |  | 1746505 | 5643 | SH |  | SOLE |  | 156 | 0 | 5487 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1458893 | 7997 | SH |  | SOLE |  | 204 | 0 | 7793 |
| CARLISLE COS INC | COM | 142339100 |  | 2006391 | 6014 | SH |  | SOLE |  | 0 | 0 | 6014 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 2728240 | 48450 | SH |  | SOLE |  | 1151 | 0 | 47299 |
| CATERPILLAR INC | COM | 149123101 |  | 2499447 | 3528 | SH |  | SOLE |  | 3500 | 0 | 28 |
| CAVCO INDS INC DEL | COM | 149568107 |  | 1473210 | 3042 | SH |  | SOLE |  | 0 | 0 | 3042 |
| CDW CORP | COM | 12514G108 |  | 2342463 | 19356 | SH |  | SOLE |  | 0 | 0 | 19356 |
| CHEVRON CORPORATION | COM | 166764100 |  | 1230789 | 5949 | SH |  | SOLE |  | 832 | 0 | 5117 |
| CISCO SYS INC | COM | 17275R102 |  | 2326019 | 29978 | SH |  | SOLE |  | 9445 | 0 | 20533 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1333702 | 11760 | SH |  | SOLE |  | 0 | 0 | 11760 |
| CME GROUP INC | COM | 12572Q105 |  | 798922 | 2705 | SH |  | SOLE |  | 0 | 0 | 2705 |
| COCA COLA CO | COM | 191216100 |  | 1428751 | 18787 | SH |  | SOLE |  | 2933 | 0 | 15854 |
| CORE  MAIN INC | CL A | 21874C102 |  | 1592162 | 32230 | SH |  | SOLE |  | 0 | 0 | 32230 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 1244702 | 1249 | SH |  | SOLE |  | 234 | 0 | 1015 |
| CRH PLC | ORD | G25508105 |  | 623467 | 5931 | SH |  | SOLE |  | 0 | 0 | 5931 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 277972 | 712 | SH |  | SOLE |  | 3 | 0 | 709 |
| CROWN CASTLE INC | COM | 22822V101 |  | 488429 | 6007 | SH |  | SOLE |  | 0 | 0 | 6007 |
| CTS CORP | COM | 126501105 |  | 682634 | 14293 | SH |  | SOLE |  | 0 | 0 | 14293 |
| CUMMINS INC | COM | 231021106 |  | 1184720 | 2202 | SH |  | SOLE |  | 0 | 0 | 2202 |
| D R HORTON INC | COM | 23331A109 |  | 266756 | 1944 | SH |  | SOLE |  | 0 | 0 | 1944 |
| DEERE  CO | COM | 244199105 |  | 801576 | 1423 | SH |  | SOLE |  | 785 | 0 | 638 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 749031 | 3787 | SH |  | SOLE |  | 0 | 0 | 3787 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 202015 | 1121 | SH |  | SOLE |  | 0 | 0 | 1121 |
| DOLLAR TREE INC | COM | 256746108 |  | 1520656 | 13886 | SH |  | SOLE |  | 0 | 0 | 13886 |
| DONALDSON INC | COM | 257651109 |  | 1605910 | 18922 | SH |  | SOLE |  | 0 | 0 | 18922 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 829042 | 6331 | SH |  | SOLE |  | 339 | 0 | 5992 |
| EA SERIES TRUST | MORGAN DEMPSEY L | 02072L482 |  | 2753395 | 91279 | SH |  | SOLE |  | 66823 | 0 | 24456 |
| EATON CORP PLC | SHS | G29183103 |  | 3838872 | 10733 | SH |  | SOLE |  | 10062 | 0 | 671 |
| ELI LILLY  CO | COM | 532457108 |  | 1929673 | 2098 | SH |  | SOLE |  | 1663 | 0 | 435 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 1128769 | 10046 | SH |  | SOLE |  | 100 | 0 | 9946 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 617146 | 8908 | SH |  | SOLE |  | 0 | 0 | 8908 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5645670 | 33276 | SH |  | SOLE |  | 22795 | 0 | 10481 |
| FEDEX CORP | COM | 31428X106 |  | 292424 | 821 | SH |  | SOLE |  | 806 | 0 | 15 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 4048927 | 17358 | SH |  | SOLE |  | 0 | 0 | 17358 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 678255 | 11490 | SH |  | SOLE |  | 0 | 0 | 11490 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 224275 | 119 | SH |  | SOLE |  | 0 | 0 | 119 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 2228552 | 11854 | SH |  | SOLE |  | 0 | 0 | 11854 |
| FISERV INC | COM | 337738108 |  | 331117 | 5934 | SH |  | SOLE |  | 350 | 0 | 5584 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 914860 | 23476 | SH |  | SOLE |  | 0 | 0 | 23476 |
| FRESENIUS MEDICAL CARE AG | SPONSORED ADR | 358029106 |  | 1647940 | 73047 | SH |  | SOLE |  | 0 | 0 | 73047 |
| FTI CONSULTING INC | COM | 302941109 |  | 1600299 | 9053 | SH |  | SOLE |  | 0 | 0 | 9053 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 1896911 | 83897 | SH |  | SOLE |  | 0 | 0 | 83897 |
| GENERAC HLDGS INC | COM | 368736104 |  | 229317 | 1174 | SH |  | SOLE |  | 0 | 0 | 1174 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 903012 | 2631 | SH |  | SOLE |  | 66 | 0 | 2565 |
| GENERAL MILLS INC | COM | 370334104 |  | 284435 | 7642 | SH |  | SOLE |  | 0 | 0 | 7642 |
| GENPACT LIMITED | SHS | G3922B107 |  | 201932 | 5421 | SH |  | SOLE |  | 0 | 0 | 5421 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 457552 | 3283 | SH |  | SOLE |  | 1500 | 0 | 1783 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 4141121 | 4895 | SH |  | SOLE |  | 4150 | 0 | 745 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 590543 | 11193 | SH |  | SOLE |  | 193 | 0 | 11000 |
| HAYWARD HLDGS INC | COM | 421298100 |  | 1399642 | 104607 | SH |  | SOLE |  | 0 | 0 | 104607 |
| HILLMAN SOLUTIONS CORP | COM | 431636109 |  | 103168 | 12400 | SH |  | SOLE |  | 0 | 0 | 12400 |
| HOME DEPOT INC | COM | 437076102 |  | 2393624 | 7278 | SH |  | SOLE |  | 4749 | 0 | 2529 |
| HONEYWELL INTL INC | COM | 438516106 |  | 401655 | 1777 | SH |  | SOLE |  | 225 | 0 | 1552 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 1386507 | 9654 | SH |  | SOLE |  | 0 | 0 | 9654 |
| HURON CONSULTING GROUP INC | COM | 447462102 |  | 1312510 | 10295 | SH |  | SOLE |  | 0 | 0 | 10295 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 1388179 | 20716 | SH |  | SOLE |  | 0 | 0 | 20716 |
| INTEL CORP | COM | 458140100 |  | 4529649 | 102643 | SH |  | SOLE |  | 102170 | 0 | 473 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1381774 | 5701 | SH |  | SOLE |  | 2563 | 0 | 3138 |
| INVESCO EXCH TRADED FD TR II | RUSEL 1000 EQL | 46138E420 |  | 1034680 | 18778 | SH |  | SOLE |  | 18778 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 7247220 | 37762 | SH |  | SOLE |  | 23020 | 0 | 14742 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 10985545 | 19033 | SH |  | SOLE |  | 3201 | 0 | 15832 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 1581590 | 17940 | SH |  | SOLE |  | 495 | 0 | 17445 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1563815 | 22420 | SH |  | SOLE |  | 3126 | 0 | 19294 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 816211 | 5600 | SH |  | SOLE |  | 895 | 0 | 4705 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 229277 | 1086 | SH |  | SOLE |  | 1086 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 4504647 | 40448 | SH |  | SOLE |  | 36537 | 0 | 3911 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 227888 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 336496 | 3170 | SH |  | SOLE |  | 3170 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 267154 | 1409 | SH |  | SOLE |  | 948 | 0 | 461 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 732592 | 2954 | SH |  | SOLE |  | 2248 | 0 | 706 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 1609286 | 11121 | SH |  | SOLE |  | 7670 | 0 | 3451 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 413238 | 1934 | SH |  | SOLE |  | 1615 | 0 | 319 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 14384907 | 148100 | SH |  | SOLE |  | 54588 | 0 | 93512 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 2468464 | 21823 | SH |  | SOLE |  | 8898 | 0 | 12925 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 522355 | 1225 | SH |  | SOLE |  | 495 | 0 | 730 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 598889 | 8055 | SH |  | SOLE |  | 6655 | 0 | 1400 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 207971 | 2095 | SH |  | SOLE |  | 2080 | 0 | 15 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 15774085 | 123120 | SH |  | SOLE |  | 70599 | 0 | 52521 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 579211 | 6398 | SH |  | SOLE |  | 5444 | 0 | 954 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 12299400 | 98942 | SH |  | SOLE |  | 54900 | 0 | 44042 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 458275 | 6530 | SH |  | SOLE |  | 0 | 0 | 6530 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 15385246 | 227828 | SH |  | SOLE |  | 122146 | 0 | 105682 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 404856 | 7129 | SH |  | SOLE |  | 6129 | 0 | 1000 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 1007544 | 3211 | SH |  | SOLE |  | 1269 | 0 | 1942 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 814456 | 6876 | SH |  | SOLE |  | 6876 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 4604443 | 7049 | SH |  | SOLE |  | 3919 | 0 | 3130 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 725627 | 7463 | SH |  | SOLE |  | 7463 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4859061 | 19878 | SH |  | SOLE |  | 11618 | 0 | 8260 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 1078504 | 8236 | SH |  | SOLE |  | 8218 | 0 | 18 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 5855604 | 19906 | SH |  | SOLE |  | 16312 | 0 | 3594 |
| KKR  CO INC | COM | 48251W104 |  | 339845 | 3674 | SH |  | SOLE |  | 44 | 0 | 3630 |
| KOHLS CORP | COM | 500255104 |  | 133863 | 10377 | SH |  | SOLE |  | 10000 | 0 | 377 |
| KONINKLIJKE PHILIPS N V | NY REGIS SHS NEW | 500472303 |  | 2293681 | 83711 | SH |  | SOLE |  | 0 | 0 | 83711 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 268411 | 1006 | SH |  | SOLE |  | 0 | 0 | 1006 |
| LANTHEUS HLDGS INC | COM | 516544103 |  | 305676 | 4030 | SH |  | SOLE |  | 0 | 0 | 4030 |
| LISTED FDS TR | HORIZON KINETICS | 53656F623 |  | 11969582 | 229919 | SH |  | SOLE |  | 220178 | 0 | 9741 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 215344 | 1412 | SH |  | SOLE |  | 0 | 0 | 1412 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 53056 | 10548 | SH |  | SOLE |  | 0 | 0 | 10548 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1202736 | 1990 | SH |  | SOLE |  | 0 | 0 | 1990 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 1036033 | 14241 | SH |  | SOLE |  | 0 | 0 | 14241 |
| LOWES COS INC | COM | 548661107 |  | 238643 | 1010 | SH |  | SOLE |  | 0 | 0 | 1010 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 515777 | 9739 | SH |  | SOLE |  | 0 | 0 | 9739 |
| MARCUS CORP DEL | COM | 566330106 |  | 625417 | 36425 | SH |  | SOLE |  | 30715 | 0 | 5710 |
| MASCO CORP | COM | 574599106 |  | 1941680 | 32163 | SH |  | SOLE |  | 0 | 0 | 32163 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 731502 | 1464 | SH |  | SOLE |  | 73 | 0 | 1391 |
| MCDONALDS CORP | COM | 580135101 |  | 1782691 | 5736 | SH |  | SOLE |  | 2508 | 0 | 3228 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1012765 | 11688 | SH |  | SOLE |  | 340 | 0 | 11348 |
| MERCK  CO INC | COM | 58933Y105 |  | 1758992 | 14623 | SH |  | SOLE |  | 6339 | 0 | 8284 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2845978 | 4974 | SH |  | SOLE |  | 2800 | 0 | 2174 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 3012838 | 8918 | SH |  | SOLE |  | 305 | 0 | 8613 |
| MICROSOFT CORP | COM | 594918104 |  | 5413052 | 14623 | SH |  | SOLE |  | 11011 | 0 | 3612 |
| MODINE MFG CO | COM | 607828100 |  | 261136 | 1205 | SH |  | SOLE |  | 11 | 0 | 1194 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 238133 | 1447 | SH |  | SOLE |  | 341 | 0 | 1106 |
| MSA SAFETY INC | COM | 553498106 |  | 1291598 | 7878 | SH |  | SOLE |  | 0 | 0 | 7878 |
| MUELLER WTR PRODS INC | COM SER A | 624758108 |  | 1300524 | 47309 | SH |  | SOLE |  | 0 | 0 | 47309 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 308547 | 3322 | SH |  | SOLE |  | 1835 | 0 | 1487 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 422177 | 1471 | SH |  | SOLE |  | 1466 | 0 | 5 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 787987 | 1155 | SH |  | SOLE |  | 1153 | 0 | 2 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 261661 | 1713 | SH |  | SOLE |  | 124 | 0 | 1589 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 390873 | 10636 | SH |  | SOLE |  | 0 | 0 | 10636 |
| NVENT ELEC PLC | SHS | G6700G107 |  | 344904 | 2916 | SH |  | SOLE |  | 0 | 0 | 2916 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2380194 | 13647 | SH |  | SOLE |  | 4695 | 0 | 8952 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 1748267 | 32684 | SH |  | SOLE |  | 0 | 0 | 32684 |
| ONEOK INC NEW | COM | 682680103 |  | 753220 | 8333 | SH |  | SOLE |  | 0 | 0 | 8333 |
| ORACLE CORP | COM | 68389X105 |  | 948180 | 6445 | SH |  | SOLE |  | 3670 | 0 | 2775 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 352070 | 3814 | SH |  | SOLE |  | 0 | 0 | 3814 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 838331 | 5731 | SH |  | SOLE |  | 44 | 0 | 5687 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 353025 | 2202 | SH |  | SOLE |  | 0 | 0 | 2202 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1462822 | 1634 | SH |  | SOLE |  | 32 | 0 | 1602 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 781733 | 17465 | SH |  | SOLE |  | 0 | 0 | 17465 |
| PEPSICO INC | COM | 713448108 |  | 2663905 | 17154 | SH |  | SOLE |  | 10756 | 0 | 6398 |
| PFIZER INC | COM | 717081103 |  | 937002 | 33369 | SH |  | SOLE |  | 29732 | 0 | 3637 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1111613 | 6723 | SH |  | SOLE |  | 803 | 0 | 5920 |
| PLEXUS CORP | COM | 729132100 |  | 301987 | 1491 | SH |  | SOLE |  | 0 | 0 | 1491 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 1861573 | 8946 | SH |  | SOLE |  | 0 | 0 | 8946 |
| PPL CORP | COM | 69351T106 |  | 271640 | 7111 | SH |  | SOLE |  | 500 | 0 | 6611 |
| PRIMERICA INC | COM | 74164M108 |  | 1904900 | 7605 | SH |  | SOLE |  | 0 | 0 | 7605 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 618490 | 4282 | SH |  | SOLE |  | 2491 | 0 | 1791 |
| PROGRESSIVE CORP | COM | 743315103 |  | 2138217 | 10786 | SH |  | SOLE |  | 0 | 0 | 10786 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 740856 | 7583 | SH |  | SOLE |  | 324 | 0 | 7259 |
| PTC INC | COM | 69370C100 |  | 294242 | 2065 | SH |  | SOLE |  | 65 | 0 | 2000 |
| QUALCOMM INC | COM | 747525103 |  | 430121 | 3340 | SH |  | SOLE |  | 196 | 0 | 3144 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2471112 | 12609 | SH |  | SOLE |  | 0 | 0 | 12609 |
| RB GLOBAL INC | COM | 74935Q107 |  | 684177 | 7138 | SH |  | SOLE |  | 4000 | 0 | 3138 |
| RBB FD INC | F/M ULTRASHORT T | 74933W163 |  | 630888 | 12596 | SH |  | SOLE |  | 0 | 0 | 12596 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 219239 | 1001 | SH |  | SOLE |  | 0 | 0 | 1001 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 629054 | 6743 | SH |  | SOLE |  | 0 | 0 | 6743 |
| ROBERT HALF INC. | COM | 770323103 |  | 468732 | 18454 | SH |  | SOLE |  | 0 | 0 | 18454 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 43073321 | 120021 | SH |  | SOLE |  | 107366 | 0 | 12655 |
| ROSS STORES INC | COM | 778296103 |  | 285952 | 1320 | SH |  | SOLE |  | 0 | 0 | 1320 |
| RTX CORPORATION | COM | 75513E101 |  | 602454 | 3123 | SH |  | SOLE |  | 1518 | 0 | 1605 |
| SCHEIN HENRY INC | COM | 806407102 |  | 1721706 | 23361 | SH |  | SOLE |  | 0 | 0 | 23361 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 5378287 | 57228 | SH |  | SOLE |  | 0 | 0 | 57228 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 468642 | 9578 | SH |  | SOLE |  | 7216 | 0 | 2362 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 457402 | 15729 | SH |  | SOLE |  | 5059 | 0 | 10670 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 1057397 | 37967 | SH |  | SOLE |  | 25859 | 0 | 12108 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 678108 | 21903 | SH |  | SOLE |  | 21903 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 286596 | 4678 | SH |  | SOLE |  | 1168 | 0 | 3510 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 203603 | 1532 | SH |  | SOLE |  | 1432 | 0 | 100 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 462571 | 10080 | SH |  | SOLE |  | 10080 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 1315030 | 12578 | SH |  | SOLE |  | 12500 | 0 | 78 |
| SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 |  | 204143 | 1818 | SH |  | SOLE |  | 0 | 0 | 1818 |
| SIMPSON MFG INC | COM | 829073105 |  | 1066962 | 6217 | SH |  | SOLE |  | 0 | 0 | 6217 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 263297 | 8285 | SH |  | SOLE |  | 0 | 0 | 8285 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 446892 | 21589 | SH |  | SOLE |  | 0 | 0 | 21589 |
| SOURCE CAPITAL | COM SHS OF BEN I | 836144303 |  | 5464324 | 117969 | SH |  | SOLE |  | 104740 | 0 | 13229 |
| SOUTHERN CO | COM | 842587107 |  | 702376 | 7277 | SH |  | SOLE |  | 0 | 0 | 7277 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 3722439 | 8651 | SH |  | SOLE |  | 563 | 0 | 8088 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 |  | 281615 | 6169 | SH |  | SOLE |  | 6169 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 932329 | 16478 | SH |  | SOLE |  | 0 | 0 | 16478 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A839 |  | 219663 | 2580 | SH |  | SOLE |  | 1950 | 0 | 630 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 1209190 | 13195 | SH |  | SOLE |  | 0 | 0 | 13195 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 1349440 | 13782 | SH |  | SOLE |  | 112 | 0 | 13670 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A821 |  | 273009 | 2845 | SH |  | SOLE |  | 2250 | 0 | 595 |
| STARBUCKS CORP | COM | 855244109 |  | 363198 | 4054 | SH |  | SOLE |  | 18 | 0 | 4036 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 33521671 | 51545 | SH |  | SOLE |  | 29668 | 0 | 21877 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 6734454 | 10919 | SH |  | SOLE |  | 6433 | 0 | 4486 |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 |  | 863750 | 25000 | SH |  | SOLE |  | 4000 | 0 | 21000 |
| STONEX GROUP INC | COM | 861896108 |  | 235659 | 2922 | SH |  | SOLE |  | 2922 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 205920 | 1650 | SH |  | SOLE |  | 0 | 0 | 1650 |
| SYSCO CORP | COM | 871829107 |  | 2166221 | 30369 | SH |  | SOLE |  | 750 | 0 | 29619 |
| T ROWE PRICE ETF INC | CAP APPRECIATION | 87283Q867 |  | 5304189 | 149035 | SH |  | SOLE |  | 59774 | 0 | 89261 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 269346 | 797 | SH |  | SOLE |  | 167 | 0 | 630 |
| TCW STRATEGIC INCOME FD INC | COM | 872340104 |  | 6049323 | 1347288 | SH |  | SOLE |  | 1267839 | 0 | 79449 |
| TERADYNE INC | COM | 880770102 |  | 1393658 | 4701 | SH |  | SOLE |  | 0 | 0 | 4701 |
| TESLA INC | COM | 88160R101 |  | 1041272 | 2801 | SH |  | SOLE |  | 890 | 0 | 1911 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1280936 | 6598 | SH |  | SOLE |  | 280 | 0 | 6318 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 320328 | 675 | SH |  | SOLE |  | 0 | 0 | 675 |
| THE CIGNA GROUP | COM | 125523100 |  | 528432 | 1981 | SH |  | SOLE |  | 1709 | 0 | 272 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1710524 | 3480 | SH |  | SOLE |  | 3017 | 0 | 463 |
| TJX COS INC NEW | COM | 872540109 |  | 292890 | 1834 | SH |  | SOLE |  | 276 | 0 | 1558 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 265463 | 637 | SH |  | SOLE |  | 630 | 0 | 7 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 2135179 | 37479 | SH |  | SOLE |  | 0 | 0 | 37479 |
| UNION PAC CORP | COM | 907818108 |  | 465830 | 1920 | SH |  | SOLE |  | 0 | 0 | 1920 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 1225520 | 12457 | SH |  | SOLE |  | 5950 | 0 | 6507 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2515675 | 9297 | SH |  | SOLE |  | 4234 | 0 | 5063 |
| VALVOLINE INC | COM | 92047W101 |  | 1773353 | 52653 | SH |  | SOLE |  | 0 | 0 | 52653 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 219610 | 573 | SH |  | SOLE |  | 366 | 0 | 207 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 414814 | 5633 | SH |  | SOLE |  | 5289 | 0 | 344 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1002435 | 2295 | SH |  | SOLE |  | 0 | 0 | 2295 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 540531 | 2755 | SH |  | SOLE |  | 2755 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 4571550 | 14250 | SH |  | SOLE |  | 13069 | 0 | 1181 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 26896289 | 145954 | SH |  | SOLE |  | 69405 | 0 | 76549 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 8161530 | 37568 | SH |  | SOLE |  | 26242 | 0 | 11326 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 750452 | 2865 | SH |  | SOLE |  | 1962 | 0 | 903 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 747513 | 2474 | SH |  | SOLE |  | 1509 | 0 | 965 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 2853606 | 4776 | SH |  | SOLE |  | 3794 | 0 | 982 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 542673 | 7226 | SH |  | SOLE |  | 7033 | 0 | 193 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 968642 | 19416 | SH |  | SOLE |  | 0 | 0 | 19416 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3962490 | 18425 | SH |  | SOLE |  | 17175 | 0 | 1250 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 3829668 | 49665 | SH |  | SOLE |  | 27730 | 0 | 21935 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 743647 | 11605 | SH |  | SOLE |  | 7580 | 0 | 4025 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 244900 | 351 | SH |  | SOLE |  | 158 | 0 | 193 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 905809 | 18044 | SH |  | SOLE |  | 1012 | 0 | 17032 |
| VISA INC | COM CL A | 92826C839 |  | 719331 | 2380 | SH |  | SOLE |  | 301 | 0 | 2079 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 374325 | 5479 | SH |  | SOLE |  | 0 | 0 | 5479 |
| VULCAN MATLS CO | COM | 929160109 |  | 273389 | 1004 | SH |  | SOLE |  | 0 | 0 | 1004 |
| WALMART INC | COM | 931142103 |  | 1091207 | 8780 | SH |  | SOLE |  | 7707 | 0 | 1073 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 297843 | 1296 | SH |  | SOLE |  | 132 | 0 | 1164 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 3864058 | 33377 | SH |  | SOLE |  | 24790 | 0 | 8587 |
| WELLS FARGO  CO | COM | 949746101 |  | 1415147 | 17776 | SH |  | SOLE |  | 7993 | 0 | 9783 |
| WHITE MTNS INS GROUP LTD | COM | G9618E107 |  | 2544080 | 1158 | SH |  | SOLE |  | 0 | 0 | 1158 |
| WILLSCOT HLDGS CORP | COM CL A | 971378104 |  | 20830629 | 1199921 | SH |  | SOLE |  | 850381 | 0 | 349540 |
| WW GRAINGER INC | COM | 384802104 |  | 450556 | 413 | SH |  | SOLE |  | 413 | 0 | 0 |
| XOMA ROYALTY CORPORATION | COM NEW | 98419J206 |  | 313700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ZIONS BANCORPORATION NATL AS | COM | 989701107 |  | 2195783 | 38108 | SH |  | SOLE |  | 2500 | 0 | 35608 |

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