# EDGAR Filing Document

**Accession Number:** 0001318103
**File Stem:** 0000890163-26-000003
**Filing Date:** 2026-2
**Character Count:** 27959
**Document Hash:** 2fccaafb0a380d9a6894f8b5b51ddcb5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000890163-26-000003.hdr.sgml**: 20260206

**ACCESSION NUMBER**: 0000890163-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260206

**DATE AS OF CHANGE**: 20260205

**EFFECTIVENESS DATE**: 20260206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kimelman & Baird, LLC
- **CENTRAL INDEX KEY:** 0001318103

**ORGANIZATION NAME:**
- **EIN:** 132572209
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11298
- **FILM NUMBER:** 26604385

**BUSINESS ADDRESS:**
- **STREET 1:** 800 THIRD AVENUE
- **STREET 2:** SUITE 2300
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-686-0021

**MAIL ADDRESS:**
- **STREET 1:** 800 THIRD AVENUE
- **STREET 2:** SUITE 2300
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

### 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:** Kimelman  Baird LLC<br>**Address:** 800 Third Avenue<br>Suite 2300<br>New York, NY 10022

**Form 13F File Number:** 028-11298

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:** Joyce Chan<br>**Title:** Operations Manager<br>**Phone:** 212-686-0021

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

/s/ Joyce Chan  New York, NY  02-03-2026<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:** 263

**Form 13F Information Table Value Total:** $1301554421

      (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 |  | 768480 | 4800 | SH |  | SOLE |  | 0 | 0 | 4800 |
| ABBOTT LABS | COM | 002824100 |  | 2945067 | 23506 | SH |  | SOLE |  | 0 | 0 | 23506 |
| ABBVIE INC | COM | 00287Y109 |  | 7004590 | 30656 | SH |  | SOLE |  | 0 | 0 | 30656 |
| ADOBE INC | COM | 00724F101 |  | 183395 | 524 | SH |  | SOLE |  | 0 | 0 | 524 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 429 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2586 | 19 | SH |  | SOLE |  | 0 | 0 | 19 |
| AIRBNB INC | COM CL A | 009066101 |  | 155943 | 1149 | SH |  | SOLE |  | 0 | 0 | 1149 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 53021 | 333 | SH |  | SOLE |  | 0 | 0 | 333 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 39006 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 50118499 | 160123 | SH |  | SOLE |  | 0 | 0 | 160123 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 6559676 | 20904 | SH |  | SOLE |  | 0 | 0 | 20904 |
| AMAZON COM INC | COM | 023135106 |  | 63571531 | 275416 | SH |  | SOLE |  | 0 | 0 | 275416 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 2251886 | 6087 | SH |  | SOLE |  | 0 | 0 | 6087 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 98068 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| AMGEN INC | COM | 031162100 |  | 4660895 | 14240 | SH |  | SOLE |  | 0 | 0 | 14240 |
| ANALOG DEVICES INC | COM | 032654105 |  | 543 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| APPLE INC | COM | 037833100 |  | 77283445 | 284277 | SH |  | SOLE |  | 0 | 0 | 284277 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 179082 | 3115 | SH |  | SOLE |  | 0 | 0 | 3115 |
| ASHLAND INC | COM | 044186104 |  | 245358 | 4182 | SH |  | SOLE |  | 0 | 0 | 4182 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 58843 | 55 | SH |  | SOLE |  | 0 | 0 | 55 |
| AT INC | COM | 00206R102 |  | 100801 | 4058 | SH |  | SOLE |  | 0 | 0 | 4058 |
| BALL CORP | COM | 058498106 |  | 278888 | 5265 | SH |  | SOLE |  | 0 | 0 | 5265 |
| BANK AMERICA CORP | COM | 060505104 |  | 43669687 | 793994 | SH |  | SOLE |  | 0 | 0 | 793994 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 197353 | 1700 | SH |  | SOLE |  | 0 | 0 | 1700 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 251325 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| BLACKROCK FLOATING RATE INCO | COM | 09255X100 |  | 2356 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| BLACKSTONE INC | COM | 09260D107 |  | 48365287 | 313775 | SH |  | SOLE |  | 0 | 0 | 313775 |
| BOEING CO | COM | 097023105 |  | 25461958 | 117271 | SH |  | SOLE |  | 0 | 0 | 117271 |
| BOEING CO | DEP CONV PFD A | 097023204 |  | 20718 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 837419 | 15525 | SH |  | SOLE |  | 0 | 0 | 15525 |
| CAMDEN NATL CORP | COM | 133034108 |  | 6045394 | 139359 | SH |  | SOLE |  | 0 | 0 | 139359 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 94452 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| CATERPILLAR INC | COM | 149123101 |  | 57287 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| CDW CORP | COM | 12514G108 |  | 34050 | 250 | SH |  | SOLE |  | 0 | 0 | 250 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 53676 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| CF INDS HLDGS INC | COM | 125269100 |  | 52205 | 675 | SH |  | SOLE |  | 0 | 0 | 675 |
| CHEMOURS CO | COM | 163851108 |  | 1179 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6195924 | 40653 | SH |  | SOLE |  | 0 | 0 | 40653 |
| CHUBB LIMITED | COM | H1467J104 |  | 39015 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 36894 | 440 | SH |  | SOLE |  | 0 | 0 | 440 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 34134 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| CISCO SYS INC | COM | 17275R102 |  | 1533745 | 19911 | SH |  | SOLE |  | 0 | 0 | 19911 |
| CME GROUP INC | COM | 12572Q105 |  | 88205 | 323 | SH |  | SOLE |  | 0 | 0 | 323 |
| COCA COLA CO | COM | 191216100 |  | 517334 | 7400 | SH |  | SOLE |  | 0 | 0 | 7400 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 58100 | 700 | SH |  | SOLE |  | 0 | 0 | 700 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 2036 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 276570 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1039515 | 34778 | SH |  | SOLE |  | 0 | 0 | 34778 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 119786 | 6920 | SH |  | SOLE |  | 0 | 0 | 6920 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 641229 | 6850 | SH |  | SOLE |  | 0 | 0 | 6850 |
| COPART INC | COM | 217204106 |  | 48406360 | 1236433 | SH |  | SOLE |  | 0 | 0 | 1236433 |
| CORTEVA INC | COM | 22052L104 |  | 445817 | 6651 | SH |  | SOLE |  | 0 | 0 | 6651 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 54404384 | 63089 | SH |  | SOLE |  | 0 | 0 | 63089 |
| CSX CORP | COM | 126408103 |  | 108750 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| CUMMINS INC | COM | 231021106 |  | 153135 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 36804 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| DEERE  CO | COM | 244199105 |  | 46557 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 31722 | 252 | SH |  | SOLE |  | 0 | 0 | 252 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 45110 | 650 | SH |  | SOLE |  | 0 | 0 | 650 |
| DENISON MINES CORP | COM | 248356107 |  | 1376 | 517 | SH |  | SOLE |  | 0 | 0 | 517 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 86270 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| DIGIMARC CORP NEW | COM | 25381B101 |  | 4466157 | 680817 | SH |  | SOLE |  | 0 | 0 | 680817 |
| DIME CMNTY BANCSHARES INC | COM | 25432X102 |  | 82108 | 2729 | SH |  | SOLE |  | 0 | 0 | 2729 |
| DISNEY WALT CO | COM | 254687106 |  | 15011396 | 131945 | SH |  | SOLE |  | 0 | 0 | 131945 |
| DNP SELECT INCOME FD INC | COM | 23325P104 |  | 19980 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 35154 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| DOVER CORP | COM | 260003108 |  | 18743040 | 96000 | SH |  | SOLE |  | 0 | 0 | 96000 |
| DOW INC | COM | 260557103 |  | 329542 | 14095 | SH |  | SOLE |  | 0 | 0 | 14095 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 156124 | 1332 | SH |  | SOLE |  | 0 | 0 | 1332 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 372735 | 9272 | SH |  | SOLE |  | 0 | 0 | 9272 |
| EASTMAN KODAK CO | COM NEW | 277461406 |  | 846 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| EATON CORP PLC | SHS | G29183103 |  | 123264 | 387 | SH |  | SOLE |  | 0 | 0 | 387 |
| ECOLAB INC | COM | 278865100 |  | 1485339 | 5658 | SH |  | SOLE |  | 0 | 0 | 5658 |
| ELI LILLY  CO | COM | 532457108 |  | 45005181 | 41878 | SH |  | SOLE |  | 0 | 0 | 41878 |
| EMERSON ELEC CO | COM | 291011104 |  | 9102602 | 68585 | SH |  | SOLE |  | 0 | 0 | 68585 |
| ENBRIDGE INC | COM | 29250N105 |  | 201843 | 4220 | SH |  | SOLE |  | 0 | 0 | 4220 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 1763 | 55 | SH |  | SOLE |  | 0 | 0 | 55 |
| EOG RES INC | COM | 26875P101 |  | 1018072 | 9695 | SH |  | SOLE |  | 0 | 0 | 9695 |
| EQT CORP | COM | 26884L109 |  | 180900 | 3375 | SH |  | SOLE |  | 0 | 0 | 3375 |
| ETSY INC | COM | 29786A106 |  | 11088 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| EVERGY INC | COM | 30034W106 |  | 270678 | 3734 | SH |  | SOLE |  | 0 | 0 | 3734 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 202816 | 1997 | SH |  | SOLE |  | 0 | 0 | 1997 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 11694642 | 97180 | SH |  | SOLE |  | 0 | 0 | 97180 |
| FEDEX CORP | COM | 31428X106 |  | 102546 | 355 | SH |  | SOLE |  | 0 | 0 | 355 |
| FIRST BANCORP INC ME | COM | 31866P102 |  | 902265 | 34125 | SH |  | SOLE |  | 0 | 0 | 34125 |
| FISERV INC | COM | 337738108 |  | 26868 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| FMC CORP | COM NEW | 302491303 |  | 138700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| FORD MTR CO | COM | 345370860 |  | 13120 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| FOUR CORNERS PPTY TR INC | COM | 35086T109 |  | 2076 | 90 | SH |  | SOLE |  | 0 | 0 | 90 |
| FRESENIUS MEDICAL CARE AG | SPONSORED ADR | 358029106 |  | 231864 | 9734 | SH |  | SOLE |  | 0 | 0 | 9734 |
| FULLER H B CO | COM | 359694106 |  | 499464 | 8400 | SH |  | SOLE |  | 0 | 0 | 8400 |
| GE AEROSPACE | COM NEW | 369604301 |  | 3172401 | 10299 | SH |  | SOLE |  | 0 | 0 | 10299 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 329 | 4 | SH |  | SOLE |  | 0 | 0 | 4 |
| GE VERNOVA INC | COM | 36828A101 |  | 900620 | 1378 | SH |  | SOLE |  | 0 | 0 | 1378 |
| GENERAL MLS INC | COM | 370334104 |  | 555303 | 11942 | SH |  | SOLE |  | 0 | 0 | 11942 |
| GENUINE PARTS CO | COM | 372460105 |  | 676280 | 5500 | SH |  | SOLE |  | 0 | 0 | 5500 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 24548 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| GOLDMAN SACHS PHYSICAL GOLD | UNIT | 38150K103 |  | 9574 | 225 | SH |  | SOLE |  | 0 | 0 | 225 |
| GOPRO INC | CL A | 38268T103 |  | 36 | 25 | SH |  | SOLE |  | 0 | 0 | 25 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 194066 | 1900 | SH |  | SOLE |  | 0 | 0 | 1900 |
| HOME DEPOT INC | COM | 437076102 |  | 40621642 | 118052 | SH |  | SOLE |  | 0 | 0 | 118052 |
| HONEYWELL INTL INC | COM | 438516106 |  | 25335041 | 129863 | SH |  | SOLE |  | 0 | 0 | 129863 |
| HUMANA INC | COM | 444859102 |  | 2306 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 49592 | 626 | SH |  | SOLE |  | 0 | 0 | 626 |
| INTEL CORP | COM | 458140100 |  | 29520 | 800 | SH |  | SOLE |  | 0 | 0 | 800 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 31078057 | 104919 | SH |  | SOLE |  | 0 | 0 | 104919 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 452457 | 6714 | SH |  | SOLE |  | 0 | 0 | 6714 |
| INTUIT | COM | 461202103 |  | 49682 | 75 | SH |  | SOLE |  | 0 | 0 | 75 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 677 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 48488 | 542 | SH |  | SOLE |  | 0 | 0 | 542 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 148500 | 2250 | SH |  | SOLE |  | 0 | 0 | 2250 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 39998 | 269 | SH |  | SOLE |  | 0 | 0 | 269 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 61529 | 130 | SH |  | SOLE |  | 0 | 0 | 130 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 58611 | 428 | SH |  | SOLE |  | 0 | 0 | 428 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 40059 | 284 | SH |  | SOLE |  | 0 | 0 | 284 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 30 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 1077 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| JBT MAREL CORPORATION | COM | 477839104 |  | 135603 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2151453 | 10396 | SH |  | SOLE |  | 0 | 0 | 10396 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 74616640 | 231570 | SH |  | SOLE |  | 0 | 0 | 231570 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 91705 | 3274 | SH |  | SOLE |  | 0 | 0 | 3274 |
| KEYCORP | COM | 493267108 |  | 165120 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 1829 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 438872 | 4350 | SH |  | SOLE |  | 0 | 0 | 4350 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 1380894 | 68125 | SH |  | SOLE |  | 0 | 0 | 68125 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 123705 | 4500 | SH |  | SOLE |  | 0 | 0 | 4500 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1213 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| KRATOS DEFENSE  SEC SOLUTIO | COM NEW | 50077B207 |  | 18978 | 250 | SH |  | SOLE |  | 0 | 0 | 250 |
| KROGER CO | COM | 501044101 |  | 955944 | 15300 | SH |  | SOLE |  | 0 | 0 | 15300 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 1063 | 40 | SH |  | SOLE |  | 0 | 0 | 40 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 41849 | 999 | SH |  | SOLE |  | 0 | 0 | 999 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 31416 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| LCNB CORP | COM | 50181P100 |  | 188485 | 11500 | SH |  | SOLE |  | 0 | 0 | 11500 |
| LENNAR CORP | CL A | 526057104 |  | 84810 | 825 | SH |  | SOLE |  | 0 | 0 | 825 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 3645 | 75 | SH |  | SOLE |  | 0 | 0 | 75 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 332 | 30 | SH |  | SOLE |  | 0 | 0 | 30 |
| LIBERTY LIVE HOLDINGS INC | COM SHS SER C | 530909308 |  | 2662 | 32 | SH |  | SOLE |  | 0 | 0 | 32 |
| LINDE PLC | SHS | G54950103 |  | 15134714 | 35495 | SH |  | SOLE |  | 0 | 0 | 35495 |
| LOEWS CORP | COM | 540424108 |  | 63292 | 601 | SH |  | SOLE |  | 0 | 0 | 601 |
| LOWES COS INC | COM | 548661107 |  | 40998 | 170 | SH |  | SOLE |  | 0 | 0 | 170 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 265 | 34 | SH |  | SOLE |  | 0 | 0 | 34 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 911892 | 2474 | SH |  | SOLE |  | 0 | 0 | 2474 |
| M  T BK CORP | COM | 55261F104 |  | 6034326 | 29950 | SH |  | SOLE |  | 0 | 0 | 29950 |
| MARATHON PETE CORP | COM | 56585A102 |  | 153198 | 942 | SH |  | SOLE |  | 0 | 0 | 942 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 57395 | 185 | SH |  | SOLE |  | 0 | 0 | 185 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 2343118 | 12630 | SH |  | SOLE |  | 0 | 0 | 12630 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 20995329 | 247062 | SH |  | SOLE |  | 0 | 0 | 247062 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 44853596 | 78569 | SH |  | SOLE |  | 0 | 0 | 78569 |
| MCDONALDS CORP | COM | 580135101 |  | 8349812 | 27320 | SH |  | SOLE |  | 0 | 0 | 27320 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 16271604 | 169390 | SH |  | SOLE |  | 0 | 0 | 169390 |
| MERCK  CO INC | COM | 58933Y105 |  | 16860442 | 160179 | SH |  | SOLE |  | 0 | 0 | 160179 |
| META PLATFORMS INC | CL A | 30303M102 |  | 677913 | 1027 | SH |  | SOLE |  | 0 | 0 | 1027 |
| MICROSOFT CORP | COM | 594918104 |  | 58563405 | 121094 | SH |  | SOLE |  | 0 | 0 | 121094 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 12307 | 412 | SH |  | SOLE |  | 0 | 0 | 412 |
| MINERALS TECHNOLOGIES INC | COM | 603158106 |  | 1312376 | 21532 | SH |  | SOLE |  | 0 | 0 | 21532 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1216935 | 22607 | SH |  | SOLE |  | 0 | 0 | 22607 |
| MOSAIC CO NEW | COM | 61945C103 |  | 28908 | 1200 | SH |  | SOLE |  | 0 | 0 | 1200 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 42166 | 110 | SH |  | SOLE |  | 0 | 0 | 110 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 921 | 11 | SH |  | SOLE |  | 0 | 0 | 11 |
| NEKTAR THERAPEUTICS | COM NEW | 640268306 |  | 550 | 13 | SH |  | SOLE |  | 0 | 0 | 13 |
| NETFLIX INC | COM | 64110L106 |  | 309408 | 3300 | SH |  | SOLE |  | 0 | 0 | 3300 |
| NEWMARK GROUP INC | CL A | 65158N102 |  | 22074 | 1273 | SH |  | SOLE |  | 0 | 0 | 1273 |
| NEWMONT CORP | COM | 651639106 |  | 135796 | 1360 | SH |  | SOLE |  | 0 | 0 | 1360 |
| NEWS CORP NEW | CL A | 65249B109 |  | 543610 | 20812 | SH |  | SOLE |  | 0 | 0 | 20812 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 1206 | 131 | SH |  | SOLE |  | 0 | 0 | 131 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 5493079 | 68424 | SH |  | SOLE |  | 0 | 0 | 68424 |
| NIKE INC | CL B | 654106103 |  | 11782351 | 184937 | SH |  | SOLE |  | 0 | 0 | 184937 |
| NISOURCE INC | COM | 65473P105 |  | 582552 | 13950 | SH |  | SOLE |  | 0 | 0 | 13950 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 26 | 4 | SH |  | SOLE |  | 0 | 0 | 4 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 16422394 | 56880 | SH |  | SOLE |  | 0 | 0 | 56880 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 944410 | 6850 | SH |  | SOLE |  | 0 | 0 | 6850 |
| NUCOR CORP | COM | 670346105 |  | 6110917 | 37465 | SH |  | SOLE |  | 0 | 0 | 37465 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 12637054 | 67759 | SH |  | SOLE |  | 0 | 0 | 67759 |
| OCCIDENTAL PETE CORP | *W EXP 08/03/202 | 674599162 |  | 1079 | 56 | SH |  | SOLE |  | 0 | 0 | 56 |
| OGE ENERGY CORP | COM | 670837103 |  | 36039 | 844 | SH |  | SOLE |  | 0 | 0 | 844 |
| OPEN TEXT CORP | COM | 683715106 |  | 39096 | 1200 | SH |  | SOLE |  | 0 | 0 | 1200 |
| OPENLANE INC | COM | 48238T109 |  | 24117036 | 809840 | SH |  | SOLE |  | 0 | 0 | 809840 |
| ORACLE CORP | COM | 68389X105 |  | 975 | 5 | SH |  | SOLE |  | 0 | 0 | 5 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 3227 | 450 | SH |  | SOLE |  | 0 | 0 | 450 |
| ORION S.A. | COM | L72967109 |  | 13200 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| OWENS CORNING NEW | COM | 690742101 |  | 22061541 | 197136 | SH |  | SOLE |  | 0 | 0 | 197136 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 110205 | 620 | SH |  | SOLE |  | 0 | 0 | 620 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 552600 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 2399 | 179 | SH |  | SOLE |  | 0 | 0 | 179 |
| PEPSICO INC | COM | 713448108 |  | 322633 | 2248 | SH |  | SOLE |  | 0 | 0 | 2248 |
| PFIZER INC | COM | 717081103 |  | 1117786 | 44891 | SH |  | SOLE |  | 0 | 0 | 44891 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1170439 | 7297 | SH |  | SOLE |  | 0 | 0 | 7297 |
| PHILLIPS 66 | COM | 718546104 |  | 80650 | 625 | SH |  | SOLE |  | 0 | 0 | 625 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2817475 | 19660 | SH |  | SOLE |  | 0 | 0 | 19660 |
| PROGRESSIVE CORP | COM | 743315103 |  | 39851 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 72270 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| PUTNAM PREMIER INCOME TR | SH BEN INT | 746853100 |  | 8953 | 2529 | SH |  | SOLE |  | 0 | 0 | 2529 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 378367 | 4634 | SH |  | SOLE |  | 0 | 0 | 4634 |
| QUAKER HOUGHTON | COM | 747316107 |  | 217225 | 1582 | SH |  | SOLE |  | 0 | 0 | 1582 |
| QUALCOMM INC | COM | 747525103 |  | 701305 | 4100 | SH |  | SOLE |  | 0 | 0 | 4100 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 242368 | 314 | SH |  | SOLE |  | 0 | 0 | 314 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 33385 | 75 | SH |  | SOLE |  | 0 | 0 | 75 |
| RTX CORPORATION | COM | 000755105 |  | 83631 | 456 | SH |  | SOLE |  | 0 | 0 | 456 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 2485395 | 9025 | SH |  | SOLE |  | 0 | 0 | 9025 |
| SEMPRA | COM | 816851109 |  | 132435 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| SENSIENT TECHNOLOGIES CORP | COM | 81725T100 |  | 1564268 | 16650 | SH |  | SOLE |  | 0 | 0 | 16650 |
| SERVICENOW INC | COM | 81762P102 |  | 766 | 5 | SH |  | SOLE |  | 0 | 0 | 5 |
| SHELL PLC | SPON ADS | 780259305 |  | 4862613 | 66176 | SH |  | SOLE |  | 0 | 0 | 66176 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 181092 | 1125 | SH |  | SOLE |  | 0 | 0 | 1125 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 2200 | 110 | SH |  | SOLE |  | 0 | 0 | 110 |
| SLB LIMITED | COM STK | 806857108 |  | 3838 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 440145 | 4500 | SH |  | SOLE |  | 0 | 0 | 4500 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 319028 | 8250 | SH |  | SOLE |  | 0 | 0 | 8250 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 1384288 | 28495 | SH |  | SOLE |  | 0 | 0 | 28495 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2136111 | 5390 | SH |  | SOLE |  | 0 | 0 | 5390 |
| SPDR INDEX SHS FDS | GLB NAT RESRCE | 78463X541 |  | 901030 | 14500 | SH |  | SOLE |  | 0 | 0 | 14500 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 379830 | 557 | SH |  | SOLE |  | 0 | 0 | 557 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 385 | 7 | SH |  | SOLE |  | 0 | 0 | 7 |
| STARBUCKS CORP | COM | 855244109 |  | 35032 | 416 | SH |  | SOLE |  | 0 | 0 | 416 |
| STERIS PLC | SHS USD | G8473T100 |  | 3716097 | 14658 | SH |  | SOLE |  | 0 | 0 | 14658 |
| SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 |  | 4780 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| SYSCO CORP | COM | 871829107 |  | 1223181 | 16599 | SH |  | SOLE |  | 0 | 0 | 16599 |
| TARGET CORP | COM | 000876110 |  | 19550 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 162417 | 1331 | SH |  | SOLE |  | 0 | 0 | 1331 |
| TESLA INC | COM | 88160R101 |  | 168645 | 375 | SH |  | SOLE |  | 0 | 0 | 375 |
| TEXAS INSTRS INC | COM | 882508104 |  | 260235 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 8361 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1898 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| TJX COS INC NEW | COM | 872540109 |  | 51014434 | 332104 | SH |  | SOLE |  | 0 | 0 | 332104 |
| T-MOBILE US INC | COM | 872590104 |  | 2640 | 13 | SH |  | SOLE |  | 0 | 0 | 13 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 852348 | 2190 | SH |  | SOLE |  | 0 | 0 | 2190 |
| TRAVELERS COMPANIES INC | COM | 000894113 |  | 2469571 | 8514 | SH |  | SOLE |  | 0 | 0 | 8514 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 27673380 | 338678 | SH |  | SOLE |  | 0 | 0 | 338678 |
| UGI CORP NEW | COM | 902681105 |  | 39302 | 1050 | SH |  | SOLE |  | 0 | 0 | 1050 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 1229259 | 18796 | SH |  | SOLE |  | 0 | 0 | 18796 |
| UNION PAC CORP | COM | 907818108 |  | 23664917 | 102304 | SH |  | SOLE |  | 0 | 0 | 102304 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 10086 | 102 | SH |  | SOLE |  | 0 | 0 | 102 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 24759 | 75 | SH |  | SOLE |  | 0 | 0 | 75 |
| US BANCORP DEL | COM NEW | 902973304 |  | 53360 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| UTZ BRANDS INC | COM CL A | 918090101 |  | 565544 | 54484 | SH |  | SOLE |  | 0 | 0 | 54484 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 127332 | 261 | SH |  | SOLE |  | 0 | 0 | 261 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 425823 | 679 | SH |  | SOLE |  | 0 | 0 | 679 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 84227 | 441 | SH |  | SOLE |  | 0 | 0 | 441 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 67311 | 469 | SH |  | SOLE |  | 0 | 0 | 469 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 43920 | 488 | SH |  | SOLE |  | 0 | 0 | 488 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 79668 | 1956 | SH |  | SOLE |  | 0 | 0 | 1956 |
| VIATRIS INC | COM | 92556V106 |  | 13434 | 1079 | SH |  | SOLE |  | 0 | 0 | 1079 |
| VISA INC | COM CL A | 92826C839 |  | 37240317 | 106186 | SH |  | SOLE |  | 0 | 0 | 106186 |
| VISTRA CORP | COM | 92840M102 |  | 1000246 | 6200 | SH |  | SOLE |  | 0 | 0 | 6200 |
| WALMART INC | COM | 931142103 |  | 143162 | 1285 | SH |  | SOLE |  | 0 | 0 | 1285 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 18445 | 640 | SH |  | SOLE |  | 0 | 0 | 640 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 33212965 | 189399 | SH |  | SOLE |  | 0 | 0 | 189399 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 46396791 | 211173 | SH |  | SOLE |  | 0 | 0 | 211173 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 |  | 138010 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 12234 | 116 | SH |  | SOLE |  | 0 | 0 | 116 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 30300 | 25 | SH |  | SOLE |  | 0 | 0 | 25 |
| WENDYS CO | COM | 95058W100 |  | 477768 | 57355 | SH |  | SOLE |  | 0 | 0 | 57355 |
| WESBANCO INC | COM | 950810101 |  | 9972 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| WESTAMERICA BANCORPORATION | COM | 957090103 |  | 24155 | 505 | SH |  | SOLE |  | 0 | 0 | 505 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 110910 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 80854 | 3413 | SH |  | SOLE |  | 0 | 0 | 3413 |
| WILLIAMS COS INC | COM | 969457100 |  | 60110 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| XCEL ENERGY INC | COM | 98389B100 |  | 48157 | 652 | SH |  | SOLE |  | 0 | 0 | 652 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 119 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| XP INC | CL A | G98239109 |  | 50 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| YUM BRANDS INC | COM | 988498101 |  | 41754 | 276 | SH |  | SOLE |  | 0 | 0 | 276 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 13177 | 276 | SH |  | SOLE |  | 0 | 0 | 276 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 53952 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |

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