# EDGAR Filing Document

**Accession Number:** 0001426319
**File Stem:** 0001420506-26-001133
**Filing Date:** 2026-5
**Character Count:** 44850
**Document Hash:** a5c2d388d86e6f54d35d102ca67ead9e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-26-001133.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001420506-26-001133

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cannell & Spears LLC
- **CENTRAL INDEX KEY:** 0001426319

**ORGANIZATION NAME:**
- **EIN:** 205909012
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12956
- **FILM NUMBER:** 26985936

**BUSINESS ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE, 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-752-5255

**MAIL ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE, 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spears Abacus Advisors LLC
- **DATE OF NAME CHANGE:** 20080206

### FORM 13F COVER PAGE

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

**Check here if Amendment** [x] **Amendment Number:** 1

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cannell  Spears LLC<br>**Address:** 535 MADISON AVENUE 14TH FLOOR<br>NEW YORK, NY 10022

**Form 13F File Number:** 028-12956

**CRD Number (if applicable):** 000142633

**SEC File Number (if applicable):** 801-67401

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:** Lloyd Moskowitz<br>**Title:** CCO<br>**Phone:** 212-752-5255

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

Lloyd Moskowitz CCO  New York, NY  05-15-2026<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:** 420

**Form 13F Information Table Value Total:** $5100540338

      (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 |  | 2527438 | 17403 | SH |  | SOLE |  | 17403 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 56511222 | 550416 | SH |  | SOLE |  | 550416 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 54086066 | 248683 | SH |  | SOLE |  | 248683 | 0 | 0 |
| ACADIAN ASSET MANAGEMENT INC | COM | 10948W103 |  | 4596259 | 84459 | SH |  | SOLE |  | 84459 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 408874 | 2062 | SH |  | SOLE |  | 2062 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1745883 | 7182 | SH |  | SOLE |  | 7182 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 483146 | 2375 | SH |  | SOLE |  | 2375 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 354434 | 25155 | SH |  | SOLE |  | 25155 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 11482358 | 104661 | SH |  | SOLE |  | 104661 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 1394782 | 139061 | SH |  | SOLE |  | 139061 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 78988652 | 389145 | SH |  | SOLE |  | 389145 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 366911 | 5650 | SH |  | SOLE |  | 5650 | 0 | 0 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 23132881 | 79634 | SH |  | SOLE |  | 79634 | 0 | 0 |
| ALAMOS GOLD INC | COM CL A | 011532108 |  | 31293382 | 704330 | SH |  | SOLE |  | 704330 | 0 | 0 |
| ALECTOR INC | COM | 014442107 |  | 117480 | 54642 | SH |  | SOLE |  | 54642 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 507109 | 4042 | SH |  | SOLE |  | 4042 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 254406 | 1227 | SH |  | SOLE |  | 1227 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 104145151 | 362168 | SH |  | SOLE |  | 362168 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 234572307 | 817724 | SH |  | SOLE |  | 817724 | 0 | 0 |
| ALPHATEC HLDGS INC | COM NEW | 02081G201 |  | 1088000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 879647 | 13330 | SH |  | SOLE |  | 13330 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 144166785 | 692211 | SH |  | SOLE |  | 692211 | 0 | 0 |
| AMCOR PLC | COM NEW | G0250X149 |  | 21027670 | 528998 | SH |  | SOLE |  | 528998 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 535069 | 4082 | SH |  | SOLE |  | 4082 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 2246172 | 7426 | SH |  | SOLE |  | 7426 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 432988 | 5754 | SH |  | SOLE |  | 5754 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 249045 | 1830 | SH |  | SOLE |  | 1830 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 3067076 | 8717 | SH |  | SOLE |  | 8717 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 831509 | 6581 | SH |  | SOLE |  | 6581 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 1728609 | 30857 | SH |  | SOLE |  | 30857 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 93295637 | 293253 | SH |  | SOLE |  | 293253 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 1422930 | 67278 | SH |  | SOLE |  | 67278 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 35474103 | 109902 | SH |  | SOLE |  | 109902 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 3899143 | 34995 | SH |  | SOLE |  | 34995 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 184105381 | 725424 | SH |  | SOLE |  | 725424 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 397844 | 1164 | SH |  | SOLE |  | 1164 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 406919 | 3229 | SH |  | SOLE |  | 3229 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 8694374 | 125207 | SH |  | SOLE |  | 125207 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | SHS | L02235106 |  | 112428 | 27760 | SH |  | SOLE |  | 27760 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 1169111 | 9522 | SH |  | SOLE |  | 9522 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 1040712 | 6315 | SH |  | SOLE |  | 6315 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 768723 | 582 | SH |  | SOLE |  | 582 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 34200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 328569 | 1666 | SH |  | SOLE |  | 1666 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 518950 | 17901 | SH |  | SOLE |  | 17901 | 0 | 0 |
| AURA MINERALS INC | SHS NEW | G06973112 |  | 504125 | 6178 | SH |  | SOLE |  | 6178 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 16567704 | 81542 | SH |  | SOLE |  | 81542 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 2482213 | 24477 | SH |  | SOLE |  | 24477 | 0 | 0 |
| AXSOME THERAPEUTICS INC. | COM | 05464T104 |  | 14223709 | 84154 | SH |  | SOLE |  | 84154 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 9022846 | 152645 | SH |  | SOLE |  | 152645 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 959790 | 19688 | SH |  | SOLE |  | 19688 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 5663485 | 4753 | SH |  | SOLE |  | 4753 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 34607811 | 291729 | SH |  | SOLE |  | 291729 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 58234333 | 1427662 | SH |  | SOLE |  | 1427662 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 188378 | 11213 | SH |  | SOLE |  | 11213 | 0 | 0 |
| BCB BANCORP INC | COM | 055298103 |  | 94649 | 10540 | SH |  | SOLE |  | 10540 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 2710016 | 17236 | SH |  | SOLE |  | 17236 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 163023888 | 340200 | SH |  | SOLE |  | 340200 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 30161880 | 42 | SH |  | SOLE |  | 42 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 158974 | 16255 | SH |  | SOLE |  | 16255 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 931866 | 5083 | SH |  | SOLE |  | 5083 | 0 | 0 |
| BIOLIFE SOLUTIONS INC | COM NEW | 09062W204 |  | 501060 | 26261 | SH |  | SOLE |  | 26261 | 0 | 0 |
| BIONTECH SE | SPONSORED ADS | 09075V102 |  | 355520 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 323135 | 336 | SH |  | SOLE |  | 336 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 3910695 | 34009 | SH |  | SOLE |  | 34009 | 0 | 0 |
| BORR DRILLING LTD | SHS | G1466R173 |  | 640470 | 111000 | SH |  | SOLE |  | 111000 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 14713205 | 242592 | SH |  | SOLE |  | 242592 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 44316570 | 143183 | SH |  | SOLE |  | 143183 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 956195 | 5885 | SH |  | SOLE |  | 5885 | 0 | 0 |
| BROADSTONE NET LEASE INC | COM | 11135E203 |  | 710666 | 38898 | SH |  | SOLE |  | 38898 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 1173285 | 26396 | SH |  | SOLE |  | 26396 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 109375254 | 2702625 | SH |  | SOLE |  | 2702625 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 228188 | 5774 | SH |  | SOLE |  | 5774 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE PA | LP INT UNIT | G16252101 |  | 6019326 | 166648 | SH |  | SOLE |  | 166648 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A  EX SUB VTG | 11285B108 |  | 7014222 | 176104 | SH |  | SOLE |  | 176104 | 0 | 0 |
| BROOKFIELD RENEWABLE ENERGY | PARTNERSHIP UNIT | G16258108 |  | 287428 | 8806 | SH |  | SOLE |  | 8806 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 866250 | 13284 | SH |  | SOLE |  | 13284 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 306939 | 1501 | SH |  | SOLE |  | 1501 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 2295987 | 23510 | SH |  | SOLE |  | 23510 | 0 | 0 |
| CANADIAN NAT RES LTD MED TER | COM | 136385101 |  | 1461120 | 29984 | SH |  | SOLE |  | 29984 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 203176 | 1977 | SH |  | SOLE |  | 1977 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 10411123 | 132356 | SH |  | SOLE |  | 132356 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3868611 | 21206 | SH |  | SOLE |  | 21206 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 812307 | 19536 | SH |  | SOLE |  | 19536 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 295965 | 5256 | SH |  | SOLE |  | 5256 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 13379267 | 18885 | SH |  | SOLE |  | 18885 | 0 | 0 |
| CAVCO INDS INC DEL | COM | 149568107 |  | 461044 | 952 | SH |  | SOLE |  | 952 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 12118537 | 84834 | SH |  | SOLE |  | 84834 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 3775427 | 13305 | SH |  | SOLE |  | 13305 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 43441758 | 209965 | SH |  | SOLE |  | 209965 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 133832672 | 410618 | SH |  | SOLE |  | 410618 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 1595119 | 17093 | SH |  | SOLE |  | 17093 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 292274 | 1728 | SH |  | SOLE |  | 1728 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 8282732 | 106750 | SH |  | SOLE |  | 106750 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4083667 | 36008 | SH |  | SOLE |  | 36008 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 890261 | 3014 | SH |  | SOLE |  | 3014 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 22152376 | 291287 | SH |  | SOLE |  | 291287 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 970441 | 10703 | SH |  | SOLE |  | 10703 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 27192926 | 319053 | SH |  | SOLE |  | 319053 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 19104725 | 665438 | SH |  | SOLE |  | 665438 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 274419 | 199 | SH |  | SOLE |  | 199 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 3768362 | 61344 | SH |  | SOLE |  | 61344 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 3898620 | 29535 | SH |  | SOLE |  | 29535 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 709073 | 6265 | SH |  | SOLE |  | 6265 | 0 | 0 |
| CONSTELLIUM SE | CL A SHS | F21107101 |  | 22348136 | 909200 | SH |  | SOLE |  | 909200 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 206148 | 2661 | SH |  | SOLE |  | 2661 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 9894129 | 72767 | SH |  | SOLE |  | 72767 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 51012660 | 51195 | SH |  | SOLE |  | 51195 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 62121295 | 590956 | SH |  | SOLE |  | 590956 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 894735 | 11004 | SH |  | SOLE |  | 11004 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 21165081 | 211123 | SH |  | SOLE |  | 211123 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 664153 | 4845 | SH |  | SOLE |  | 4845 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 3066714 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 302417 | 444 | SH |  | SOLE |  | 444 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 6748754 | 49182 | SH |  | SOLE |  | 49182 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 51666906 | 272505 | SH |  | SOLE |  | 272505 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 2262317 | 14720 | SH |  | SOLE |  | 14720 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 8590325 | 15250 | SH |  | SOLE |  | 15250 | 0 | 0 |
| DEFI TECHNOLOGIES INC | COM | 244916102 |  | 35912 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| DELTA AIR LINES INC | COM NEW | 247361702 |  | 334128 | 5026 | SH |  | SOLE |  | 5026 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 36336127 | 377009 | SH |  | SOLE |  | 377009 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 670937 | 1870 | SH |  | SOLE |  | 1870 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 7589248 | 36408 | SH |  | SOLE |  | 36408 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 455147 | 3476 | SH |  | SOLE |  | 3476 | 0 | 0 |
| DUOS TECHNOLOGIES GROUP INC | COM | 266042407 |  | 68600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| E L F BEAUTY INC | COM | 26856L103 |  | 2610048 | 43063 | SH |  | SOLE |  | 43063 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 366254 | 1024 | SH |  | SOLE |  | 1024 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 3953323 | 14861 | SH |  | SOLE |  | 14861 | 0 | 0 |
| ELBIT SYS LTD | ORD | M3760D101 |  | 777766 | 916 | SH |  | SOLE |  | 916 | 0 | 0 |
| ELEMENTAL RTY CORP | COM NEW | 28620K106 |  | 1551097 | 82330 | SH |  | SOLE |  | 82330 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 6900041 | 23570 | SH |  | SOLE |  | 23570 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 3437180 | 3737 | SH |  | SOLE |  | 3737 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 5446239 | 41568 | SH |  | SOLE |  | 41568 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 213853 | 3950 | SH |  | SOLE |  | 3950 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 3716234 | 192551 | SH |  | SOLE |  | 192551 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 6439627 | 37069 | SH |  | SOLE |  | 37069 | 0 | 0 |
| ENOVIX CORPORATION | COM | 293594107 |  | 368023 | 71047 | SH |  | SOLE |  | 71047 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 2409273 | 63670 | SH |  | SOLE |  | 63670 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 249817 | 1728 | SH |  | SOLE |  | 1728 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 1988941 | 31253 | SH |  | SOLE |  | 31253 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 2530500 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 374833 | 2617 | SH |  | SOLE |  | 2617 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 27190948 | 160267 | SH |  | SOLE |  | 160267 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 37197697 | 104435 | SH |  | SOLE |  | 104435 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 309000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| FIDELITY NATL FINL INC | COM SHS | 31620R303 |  | 11283373 | 243281 | SH |  | SOLE |  | 243281 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 25381649 | 541071 | SH |  | SOLE |  | 541071 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 20865071 | 11071 | SH |  | SOLE |  | 11071 | 0 | 0 |
| FLAGSTAR BANK NATIONAL ASSOC | COM NEW | 649445400 |  | 1790922 | 135985 | SH |  | SOLE |  | 135985 | 0 | 0 |
| FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 |  | 590919 | 10713 | SH |  | SOLE |  | 10713 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 248869 | 4899 | SH |  | SOLE |  | 4899 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 270149 | 3675 | SH |  | SOLE |  | 3675 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 536032 | 9697 | SH |  | SOLE |  | 9697 | 0 | 0 |
| FORTREA HLDGS INC | COMMON STOCK | 34965K107 |  | 294987 | 31315 | SH |  | SOLE |  | 31315 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 43960369 | 177941 | SH |  | SOLE |  | 177941 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 86027585 | 351133 | SH |  | SOLE |  | 351133 | 0 | 0 |
| GBANK FINL HLDGS INC | COM | 36166F100 |  | 5408865 | 202125 | SH |  | SOLE |  | 202125 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 7057797 | 24872 | SH |  | SOLE |  | 24872 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 765533 | 877 | SH |  | SOLE |  | 877 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1605926 | 4679 | SH |  | SOLE |  | 4679 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 2019322 | 27105 | SH |  | SOLE |  | 27105 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 69091200 | 1241531 | SH |  | SOLE |  | 1241531 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 438458 | 3146 | SH |  | SOLE |  | 3146 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 1274191 | 18933 | SH |  | SOLE |  | 18933 | 0 | 0 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 |  | 205815 | 4410 | SH |  | SOLE |  | 4410 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 224203 | 1611 | SH |  | SOLE |  | 1611 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 568155 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 5085246 | 6011 | SH |  | SOLE |  | 6011 | 0 | 0 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 633180 | 173000 | SH |  | SOLE |  | 173000 | 0 | 0 |
| GRAFTECH INTL LTD SR NT | COM NEW | 384313607 |  | 421763 | 62207 | SH |  | SOLE |  | 62207 | 0 | 0 |
| GRANITE CONSTR INC | COM | 387328107 |  | 4617658 | 38519 | SH |  | SOLE |  | 38519 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 409681 | 7765 | SH |  | SOLE |  | 7765 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 423511 | 8168 | SH |  | SOLE |  | 8168 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 5007787 | 53502 | SH |  | SOLE |  | 53502 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 19067786 | 40292 | SH |  | SOLE |  | 40292 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 401436 | 1931 | SH |  | SOLE |  | 1931 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 29024552 | 88250 | SH |  | SOLE |  | 88250 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 27012167 | 119507 | SH |  | SOLE |  | 119507 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 1306080 | 9094 | SH |  | SOLE |  | 9094 | 0 | 0 |
| I-80 GOLD CORP | COM | 44955L106 |  | 197600 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 4032123 | 7176 | SH |  | SOLE |  | 7176 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 21554355 | 82809 | SH |  | SOLE |  | 82809 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 26967233 | 218783 | SH |  | SOLE |  | 218783 | 0 | 0 |
| INSTALLED BLDG PRODS INC | COM | 45780R101 |  | 285036 | 1075 | SH |  | SOLE |  | 1075 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 9773030 | 221460 | SH |  | SOLE |  | 221460 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 43144106 | 274314 | SH |  | SOLE |  | 274314 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 7538087 | 31099 | SH |  | SOLE |  | 31099 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1528463 | 3535 | SH |  | SOLE |  | 3535 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1904811 | 4132 | SH |  | SOLE |  | 4132 | 0 | 0 |
| INVESCO CURRENCYSHARES EURO | EURO SHS | 46138K103 |  | 244320 | 2290 | SH |  | SOLE |  | 2290 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 4495726 | 23425 | SH |  | SOLE |  | 23425 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2252930 | 3903 | SH |  | SOLE |  | 3903 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 3063069 | 17961 | SH |  | SOLE |  | 17961 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 282994 | 3210 | SH |  | SOLE |  | 3210 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 454153 | 6665 | SH |  | SOLE |  | 6665 | 0 | 0 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 526073 | 6295 | SH |  | SOLE |  | 6295 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1110088 | 8930 | SH |  | SOLE |  | 8930 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1340387 | 2052 | SH |  | SOLE |  | 2052 | 0 | 0 |
| ISHARES TR | EUROPE ETF | 464287861 |  | 360082 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 226141 | 2825 | SH |  | SOLE |  | 2825 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 1661991 | 9843 | SH |  | SOLE |  | 9843 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 9742289 | 27323 | SH |  | SOLE |  | 27323 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 2765204 | 6485 | SH |  | SOLE |  | 6485 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 282429 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 418046 | 2205 | SH |  | SOLE |  | 2205 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1222640 | 4930 | SH |  | SOLE |  | 4930 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 353522 | 1111 | SH |  | SOLE |  | 1111 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 375877 | 3541 | SH |  | SOLE |  | 3541 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 326095 | 2955 | SH |  | SOLE |  | 2955 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 304282 | 3510 | SH |  | SOLE |  | 3510 | 0 | 0 |
| ITURAN LOCATION AND CONTROL | SHS | M6158M104 |  | 2424574 | 49471 | SH |  | SOLE |  | 49471 | 0 | 0 |
| IZEA WORLDWIDE INC | COM NEW | 46604H204 |  | 87750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 41898727 | 171407 | SH |  | SOLE |  | 171407 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 207294 | 1583 | SH |  | SOLE |  | 1583 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 61544226 | 209220 | SH |  | SOLE |  | 209220 | 0 | 0 |
| JUMIA TECHNOLOGIES AG | SPONSORED ADS | 48138M105 |  | 669300 | 97000 | SH |  | SOLE |  | 97000 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 209363 | 12144 | SH |  | SOLE |  | 12144 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 2693104 | 27916 | SH |  | SOLE |  | 27916 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 3042982 | 90754 | SH |  | SOLE |  | 90754 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 4689032 | 153638 | SH |  | SOLE |  | 153638 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 270923 | 184 | SH |  | SOLE |  | 184 | 0 | 0 |
| KNOWLES CORP | COM | 49926D109 |  | 4286942 | 166937 | SH |  | SOLE |  | 166937 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 5353622 | 15511 | SH |  | SOLE |  | 15511 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 40431587 | 151537 | SH |  | SOLE |  | 151537 | 0 | 0 |
| LANDBRIDGE COMPANY LLC | CL A | 514952100 |  | 1197327 | 17340 | SH |  | SOLE |  | 17340 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 2970819 | 24536 | SH |  | SOLE |  | 24536 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 16060711 | 184946 | SH |  | SOLE |  | 184946 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 19498737 | 39331 | SH |  | SOLE |  | 39331 | 0 | 0 |
| LIVE OAK ACQUISITION CORP V | CL A SHS | G5509P102 |  | 220480 | 21200 | SH |  | SOLE |  | 21200 | 0 | 0 |
| LIVE OAK ACQUISITION CORP V | *W EXP 99/99/999 | G5509P110 |  | 1111968 | 777600 | SH |  | SOLE |  | 777600 | 0 | 0 |
| LOANDEPOT INC | COM CL A | 53946R106 |  | 539316 | 379800 | SH |  | SOLE |  | 379800 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 34561306 | 57184 | SH |  | SOLE |  | 57184 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 368253 | 3450 | SH |  | SOLE |  | 3450 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 27856231 | 117895 | SH |  | SOLE |  | 117895 | 0 | 0 |
| LXP INDUSTRIAL TRUST | PFD CONV SER C | 529043309 |  | 2684054 | 58349 | SH |  | SOLE |  | 58349 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 439046 | 33011 | SH |  | SOLE |  | 33011 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | N53745100 |  | 344394 | 4275 | SH |  | SOLE |  | 4275 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 503983 | 2438 | SH |  | SOLE |  | 2438 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 231816 | 6731 | SH |  | SOLE |  | 6731 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 395327 | 1619 | SH |  | SOLE |  | 1619 | 0 | 0 |
| MARCUS CORP DEL | COM | 566330106 |  | 173417 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 4111422 | 2148 | SH |  | SOLE |  | 2148 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 301231 | 921 | SH |  | SOLE |  | 921 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 47834371 | 81257 | SH |  | SOLE |  | 81257 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 6512568 | 13034 | SH |  | SOLE |  | 13034 | 0 | 0 |
| MATSON INC | COM | 57686G105 |  | 225417 | 1375 | SH |  | SOLE |  | 1375 | 0 | 0 |
| MAUI LD  PINEAPPLE INC | COM | 577345101 |  | 350430 | 22770 | SH |  | SOLE |  | 22770 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1906386 | 6134 | SH |  | SOLE |  | 6134 | 0 | 0 |
| MEDIAALPHA INC | CL A | 58450V104 |  | 236220 | 25400 | SH |  | SOLE |  | 25400 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 96018245 | 798223 | SH |  | SOLE |  | 798223 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5890078 | 10295 | SH |  | SOLE |  | 10295 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 382144 | 303 | SH |  | SOLE |  | 303 | 0 | 0 |
| MFA FINL INC | COM | 55272X607 |  | 160944 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 15753817 | 46631 | SH |  | SOLE |  | 46631 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 242885972 | 656147 | SH |  | SOLE |  | 656147 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 102974760 | 3677670 | SH |  | SOLE |  | 3677670 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 33126138 | 574707 | SH |  | SOLE |  | 574707 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 239285 | 1454 | SH |  | SOLE |  | 1454 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 1301196 | 22800 | SH |  | SOLE |  | 22800 | 0 | 0 |
| NEPHROS INC | COM | 640671400 |  | 32780 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 407484 | 4238 | SH |  | SOLE |  | 4238 | 0 | 0 |
| NEW FOUND GOLD CORP | COM | 64440N103 |  | 58200 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| NEW YORK TIMES CO MTN BE | CL A | 650111107 |  | 11414241 | 136322 | SH |  | SOLE |  | 136322 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 17002936 | 157071 | SH |  | SOLE |  | 157071 | 0 | 0 |
| NEXTDECADE CORP | COM | 65342K105 |  | 428960 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1999056 | 21523 | SH |  | SOLE |  | 21523 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 |  | 1968073 | 122851 | SH |  | SOLE |  | 122851 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 2629444 | 49781 | SH |  | SOLE |  | 49781 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 2806753 | 20110 | SH |  | SOLE |  | 20110 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 938080 | 1375 | SH |  | SOLE |  | 1375 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 618179 | 4047 | SH |  | SOLE |  | 4047 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 292236 | 7952 | SH |  | SOLE |  | 7952 | 0 | 0 |
| NVENT ELEC PLC | SHS | G6700G107 |  | 29404290 | 248599 | SH |  | SOLE |  | 248599 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 82599851 | 473623 | SH |  | SOLE |  | 473623 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 852601 | 4331 | SH |  | SOLE |  | 4331 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 392210 | 6034 | SH |  | SOLE |  | 6034 | 0 | 0 |
| OCEANEERING INTL INC | COM | 675232102 |  | 5834035 | 164478 | SH |  | SOLE |  | 164478 | 0 | 0 |
| OPTION CARE HEALTH INC | COM NEW | 68404L201 |  | 961340 | 35711 | SH |  | SOLE |  | 35711 | 0 | 0 |
| OR ROYALTIES INC. | COM SHS | 68390D106 |  | 9258326 | 243512 | SH |  | SOLE |  | 243512 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 54923472 | 373350 | SH |  | SOLE |  | 373350 | 0 | 0 |
| ORCHID IS CAP INC | COM NEW | 68571X301 |  | 597550 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 16237801 | 76514 | SH |  | SOLE |  | 76514 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 294608 | 2014 | SH |  | SOLE |  | 2014 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 8240171 | 150836 | SH |  | SOLE |  | 150836 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 1674008 | 125582 | SH |  | SOLE |  | 125582 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1307946 | 1461 | SH |  | SOLE |  | 1461 | 0 | 0 |
| PEAPACK-GLADSTONE FINL CORP | COM | 704699107 |  | 982887 | 27915 | SH |  | SOLE |  | 27915 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 19843267 | 127782 | SH |  | SOLE |  | 127782 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 6965581 | 248062 | SH |  | SOLE |  | 248062 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 4886954 | 29557 | SH |  | SOLE |  | 29557 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 1889207 | 10370 | SH |  | SOLE |  | 10370 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 656719 | 35808 | SH |  | SOLE |  | 35808 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 238931 | 10700 | SH |  | SOLE |  | 10700 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 322748 | 1551 | SH |  | SOLE |  | 1551 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 3237171 | 63226 | SH |  | SOLE |  | 63226 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 9490719 | 65707 | SH |  | SOLE |  | 65707 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 610976 | 3082 | SH |  | SOLE |  | 3082 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 31067313 | 235038 | SH |  | SOLE |  | 235038 | 0 | 0 |
| PURE CYCLE CORP | COM NEW | 746228303 |  | 1146840 | 114000 | SH |  | SOLE |  | 114000 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 67134166 | 122280 | SH |  | SOLE |  | 122280 | 0 | 0 |
| RADNET INC | COM | 750491102 |  | 229149 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 578846 | 12812 | SH |  | SOLE |  | 12812 | 0 | 0 |
| RED CAT HLDGS INC | COM | 75644T100 |  | 130900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 2526034 | 18760 | SH |  | SOLE |  | 18760 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 53245713 | 68914 | SH |  | SOLE |  | 68914 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1483590 | 56799 | SH |  | SOLE |  | 56799 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 22674795 | 306831 | SH |  | SOLE |  | 306831 | 0 | 0 |
| RILEY EXPLORATION PERMIAN IN | COM | 76665T102 |  | 772740 | 21200 | SH |  | SOLE |  | 21200 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 802767 | 84680 | SH |  | SOLE |  | 84680 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 2986477 | 198437 | SH |  | SOLE |  | 198437 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE  3.625%10/1 | 76954AAD5 |  | 37329231 | 38978000 | PRN |  | SOLE |  | 38978000 | 0 | 0 |
| ROADZEN INC | ORD SHS | G7606H108 |  | 180000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 15283552 | 1072530 | SH |  | SOLE |  | 1072530 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 200973 | 560 | SH |  | SOLE |  | 560 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1889259 | 5339 | SH |  | SOLE |  | 5339 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 3136914 | 19390 | SH |  | SOLE |  | 19390 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 16655098 | 65445 | SH |  | SOLE |  | 65445 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 24713769 | 128117 | SH |  | SOLE |  | 128117 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 4389043 | 75935 | SH |  | SOLE |  | 75935 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1692428 | 3979 | SH |  | SOLE |  | 3979 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 460878 | 4904 | SH |  | SOLE |  | 4904 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTERNL DIVID | 808524672 |  | 208256 | 6578 | SH |  | SOLE |  | 6578 | 0 | 0 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 2593460 | 85621 | SH |  | SOLE |  | 85621 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 2217367 | 36196 | SH |  | SOLE |  | 36196 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 532634 | 3633 | SH |  | SOLE |  | 3633 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 8856744 | 84713 | SH |  | SOLE |  | 84713 | 0 | 0 |
| SHAKE SHACK INC | CL A | 819047101 |  | 40049838 | 452694 | SH |  | SOLE |  | 452694 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 5299130 | 50039 | SH |  | SOLE |  | 50039 | 0 | 0 |
| SHARPS TECHNOLOGY INC | COM | 82003F309 |  | 141352 | 84138 | SH |  | SOLE |  | 84138 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 2780979 | 29903 | SH |  | SOLE |  | 29903 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2159545 | 6737 | SH |  | SOLE |  | 6737 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 1496028 | 121234 | SH |  | SOLE |  | 121234 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 428695 | 8342 | SH |  | SOLE |  | 8342 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 448985 | 8795 | SH |  | SOLE |  | 8795 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 233771 | 2422 | SH |  | SOLE |  | 2422 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4550747 | 10576 | SH |  | SOLE |  | 10576 | 0 | 0 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 |  | 281615 | 6169 | SH |  | SOLE |  | 6169 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 2539528 | 27712 | SH |  | SOLE |  | 27712 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL PLATINU | 85207Q104 |  | 543550 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 |  | 9887706 | 405400 | SH |  | SOLE |  | 405400 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD AN | 85208R101 |  | 23049953 | 483025 | SH |  | SOLE |  | 483025 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 21876758 | 617290 | SH |  | SOLE |  | 617290 | 0 | 0 |
| SPROTT FDS TR | ACTIVE GOLD  SI | 85208P865 |  | 482359 | 10615 | SH |  | SOLE |  | 10615 | 0 | 0 |
| SPROTT FDS TR | SILVER MINERS | 85208P873 |  | 473440 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| SPROTT INC | COM NEW | 852066208 |  | 9727775 | 68074 | SH |  | SOLE |  | 68074 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 223258 | 2492 | SH |  | SOLE |  | 2492 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 10814500 | 16629 | SH |  | SOLE |  | 16629 | 0 | 0 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 403978 | 655 | SH |  | SOLE |  | 655 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 213169 | 964 | SH |  | SOLE |  | 964 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1522029 | 4632 | SH |  | SOLE |  | 4632 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 760265 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 19007448 | 266472 | SH |  | SOLE |  | 266472 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 803983 | 2379 | SH |  | SOLE |  | 2379 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 15725843 | 79625 | SH |  | SOLE |  | 79625 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 6050290 | 96650 | SH |  | SOLE |  | 96650 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 4714044 | 68191 | SH |  | SOLE |  | 68191 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 5293232 | 8749 | SH |  | SOLE |  | 8749 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 574128 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 401490 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 24218985 | 124750 | SH |  | SOLE |  | 124750 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 3350868 | 7061 | SH |  | SOLE |  | 7061 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 5069724 | 57900 | SH |  | SOLE |  | 57900 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 652204 | 2445 | SH |  | SOLE |  | 2445 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 43487665 | 88474 | SH |  | SOLE |  | 88474 | 0 | 0 |
| TIDAL TRUST III | BEEHIVE ETF | 45259A761 |  | 68881407 | 2842815 | SH |  | SOLE |  | 2842815 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 51039162 | 319594 | SH |  | SOLE |  | 319594 | 0 | 0 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 283318 | 1405 | SH |  | SOLE |  | 1405 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 6125729 | 44887 | SH |  | SOLE |  | 44887 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 5571963 | 19103 | SH |  | SOLE |  | 19103 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 1423906 | 21829 | SH |  | SOLE |  | 21829 | 0 | 0 |
| TXO PARTNERS  LP | COM UNIT | 87313P103 |  | 163540 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1207777 | 16791 | SH |  | SOLE |  | 16791 | 0 | 0 |
| UNION BANKSHARES INC | COM | 905400107 |  | 976910 | 40169 | SH |  | SOLE |  | 40169 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 90157592 | 371600 | SH |  | SOLE |  | 371600 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1796988 | 6641 | SH |  | SOLE |  | 6641 | 0 | 0 |
| UNIVERSAL HEALTH RLTY INCOME | SH BEN INT | 91359E105 |  | 404012 | 9983 | SH |  | SOLE |  | 9983 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 4500194 | 71037 | SH |  | SOLE |  | 71037 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 1152490 | 22159 | SH |  | SOLE |  | 22159 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 381492 | 1544 | SH |  | SOLE |  | 1544 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 429800 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 2597205 | 6500 | SH |  | SOLE |  | 6500 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 275310 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 1095365 | 9125 | SH |  | SOLE |  | 9125 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | SMLCP 600 GRTH | 921932794 |  | 543268 | 4365 | SH |  | SOLE |  | 4365 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 878394 | 11928 | SH |  | SOLE |  | 11928 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 274805 | 5719 | SH |  | SOLE |  | 5719 | 0 | 0 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 349860 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 699306 | 1601 | SH |  | SOLE |  | 1601 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 673437 | 2345 | SH |  | SOLE |  | 2345 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 11428043 | 19125 | SH |  | SOLE |  | 19125 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 898124 | 3429 | SH |  | SOLE |  | 3429 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 5708302 | 17793 | SH |  | SOLE |  | 17793 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 531310 | 2708 | SH |  | SOLE |  | 2708 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 847112 | 11280 | SH |  | SOLE |  | 11280 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 618386 | 11441 | SH |  | SOLE |  | 11441 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 705848 | 3282 | SH |  | SOLE |  | 3282 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1508764 | 23545 | SH |  | SOLE |  | 23545 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 336103 | 2269 | SH |  | SOLE |  | 2269 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 258728 | 1152 | SH |  | SOLE |  | 1152 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 2327978 | 3337 | SH |  | SOLE |  | 3337 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 779511 | 8816 | SH |  | SOLE |  | 8816 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 652700 | 13002 | SH |  | SOLE |  | 13002 | 0 | 0 |
| VERSANT MEDIA GROUP INC | COM CL A | 925283103 |  | 217715 | 5881 | SH |  | SOLE |  | 5881 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 885489 | 1983 | SH |  | SOLE |  | 1983 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 129085034 | 515145 | SH |  | SOLE |  | 515145 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 7189695 | 23788 | SH |  | SOLE |  | 23788 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5272241 | 42422 | SH |  | SOLE |  | 42422 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1514316 | 6590 | SH |  | SOLE |  | 6590 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 2155353 | 7238 | SH |  | SOLE |  | 7238 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 220964 | 3183 | SH |  | SOLE |  | 3183 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 226650 | 2847 | SH |  | SOLE |  | 2847 | 0 | 0 |
| WELLS FARGO  CO | PERP PFD CNV A | 949746804 |  | 1826055 | 1581 | SH |  | SOLE |  | 1581 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 5075065 | 38738 | SH |  | SOLE |  | 38738 | 0 | 0 |
| WHITE MTNS INS GROUP LTD | COM | G9618E107 |  | 61573306 | 28027 | SH |  | SOLE |  | 28027 | 0 | 0 |
| WILEY JOHN  SONS INC | CL A | 968223206 |  | 2568778 | 67422 | SH |  | SOLE |  | 67422 | 0 | 0 |
| WILEY JOHN  SONS INC | CL B | 968223305 |  | 750600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 1858947 | 25542 | SH |  | SOLE |  | 25542 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 341424 | 313 | SH |  | SOLE |  | 313 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 14031092 | 117415 | SH |  | SOLE |  | 117415 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 714275 | 4594 | SH |  | SOLE |  | 4594 | 0 | 0 |

---