# EDGAR Filing Document

**Accession Number:** 0001607636
**File Stem:** 0001085146-23-000711
**Filing Date:** 2023-2
**Character Count:** 18532
**Document Hash:** bca9a8260eefe20b674e8e4136bc1377
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000711.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001085146-23-000711

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230206

**EFFECTIVENESS DATE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EagleClaw Capital Managment, LLC
- **CENTRAL INDEX KEY:** 0001607636
- **IRS NUMBER:** 450677566
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0614

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16133
- **FILM NUMBER:** 23592063

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FEDERAL ST.
- **STREET 2:** 19TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6173140417

**MAIL ADDRESS:**
- **STREET 1:** ONE FEDERAL ST.
- **STREET 2:** 19TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** EagleClaw Capital Managment LLC<br>**Address:** ONE FEDERAL ST.<br>19TH FLOOR<br>BOSTON, MA 02110

**Form 13F File Number:** 028-16133

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:** Katherine R. Kelliher<br>**Title:** Compliance Officer<br>**Phone:** 617-314-0213

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

/s/ Katherine R. Kelliher  Boston, MA  02-06-2023<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:** 139

**Form 13F Information Table Value Total:** $437364061

      (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 | BBG001S5T7X2 | 684586 | 3854 | SH |  | SOLE |  | 3854 | 0 | 0 |
| ABB LTD | SPONSORED ADR | 000375204 | BBG001SDDMX9 | 229020 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 821218 | 5835 | SH |  | SOLE |  | 5835 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 9359254 | 69123 | SH |  | SOLE |  | 69123 | 0 | 0 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 1212352 | 20763 | SH |  | SOLE |  | 20763 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 9016745 | 29635 | SH |  | SOLE |  | 29635 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 3777740 | 1304 | SH |  | SOLE |  | 1304 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 8915151 | 3081 | SH |  | SOLE |  | 3081 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 10766584 | 3229 | SH |  | SOLE |  | 3229 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | BBG001S5NJG1 | 2521741 | 44350 | SH |  | SOLE |  | 44350 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 387563 | 1325 | SH |  | SOLE |  | 1325 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 264340 | 1175 | SH |  | SOLE |  | 1175 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 27887546 | 157051 | SH |  | SOLE |  | 157051 | 0 | 0 |
| ARAMARK | COM | 03852U106 | BBG001V0NR70 | 525113 | 14250 | SH |  | SOLE |  | 14250 | 0 | 0 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 | BBG007FJMV49 | 274500 | 2902 | SH |  | SOLE |  | 2902 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 458639 | 1860 | SH |  | SOLE |  | 1860 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 4283987 | 96291 | SH |  | SOLE |  | 96291 | 0 | 0 |
| BARRETT BUSINESS SVCS INC | COM | 068463108 | BBG001S7CX50 | 590463 | 8550 | SH |  | SOLE |  | 8550 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 1668318 | 6634 | SH |  | SOLE |  | 6634 | 0 | 0 |
| BENTLEY SYS INC | COM CL B | 08265T208 | BBG001SBWGV7 | 303271 | 6275 | SH |  | SOLE |  | 6275 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 3678896 | 12304 | SH |  | SOLE |  | 12304 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 407424 | 445 | SH |  | SOLE |  | 445 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 5509927 | 27369 | SH |  | SOLE |  | 27369 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 5499035 | 2292 | SH |  | SOLE |  | 2292 | 0 | 0 |
| BOSTON PROPERTIES INC | COM | 101121101 | BBG001S9TWV1 | 477997 | 4150 | SH |  | SOLE |  | 4150 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 3926304 | 62972 | SH |  | SOLE |  | 62972 | 0 | 0 |
| CACI INTL INC | CL A | 127190304 | BBG001SF9NK1 | 5233442 | 19440 | SH |  | SOLE |  | 19440 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 916656 | 16900 | SH |  | SOLE |  | 16900 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 3005586 | 14538 | SH |  | SOLE |  | 14538 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 | BBG001S7Q271 | 1411041 | 3745 | SH |  | SOLE |  | 3745 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 5487925 | 46765 | SH |  | SOLE |  | 46765 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 | BBG001S5PR99 | 518427 | 5058 | SH |  | SOLE |  | 5058 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 | BBG00KXRCDQ9 | 2823071 | 12294 | SH |  | SOLE |  | 12294 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 587060 | 9264 | SH |  | SOLE |  | 9264 | 0 | 0 |
| CLEAN ENERGY FUELS CORP | COM | 184499101 | BBG001SPD4H0 | 968234 | 157950 | SH |  | SOLE |  | 157950 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 | BBG001S86547 | 7468357 | 32690 | SH |  | SOLE |  | 32690 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 944636 | 15954 | SH |  | SOLE |  | 15954 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 | BBG00ZGF7799 | 241013 | 955 | SH |  | SOLE |  | 955 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 2604463 | 30519 | SH |  | SOLE |  | 30519 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 1356046 | 18787 | SH |  | SOLE |  | 18787 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 | BBG001SD3DY9 | 1368009 | 17310 | SH |  | SOLE |  | 17310 | 0 | 0 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 229047 | 1050 | SH |  | SOLE |  | 1050 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 2853612 | 27662 | SH |  | SOLE |  | 27662 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 871877 | 2650 | SH |  | SOLE |  | 2650 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 | BBG001S5QM08 | 451920 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 594914 | 1735 | SH |  | SOLE |  | 1735 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 1933492 | 12483 | SH |  | SOLE |  | 12483 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 7820105 | 45250 | SH |  | SOLE |  | 45250 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 2170608 | 23347 | SH |  | SOLE |  | 23347 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 | BBG001S5VFD3 | 510699 | 9512 | SH |  | SOLE |  | 9512 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 302646 | 4946 | SH |  | SOLE |  | 4946 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 5061068 | 19568 | SH |  | SOLE |  | 19568 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 2115759 | 20385 | SH |  | SOLE |  | 20385 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 | BBG001S5R880 | 225275 | 2050 | SH |  | SOLE |  | 2050 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 | BBG001STGSR5 | 5422213 | 39209 | SH |  | SOLE |  | 39209 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 | BBG001S5QG38 | 2574618 | 99100 | SH |  | SOLE |  | 99100 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 202140 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 1003833 | 13825 | SH |  | SOLE |  | 13825 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 | BBG001S5RS59 | 279630 | 12227 | SH |  | SOLE |  | 12227 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 | BBG001S6HWB2 | 3165756 | 41350 | SH |  | SOLE |  | 41350 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 15671470 | 37762 | SH |  | SOLE |  | 37762 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 2856733 | 13701 | SH |  | SOLE |  | 13701 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 209780 | 850 | SH |  | SOLE |  | 850 | 0 | 0 |
| INGREDION INC | COM | 457187102 | BBG001SBH4X9 | 1224912 | 12675 | SH |  | SOLE |  | 12675 | 0 | 0 |
| INMODE LTD | SHS | M5425M103 | BBG00PPS74F3 | 1143396 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 3588151 | 69673 | SH |  | SOLE |  | 69673 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 7601677 | 55580 | SH |  | SOLE |  | 55580 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 2274893 | 17020 | SH |  | SOLE |  | 17020 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 700635 | 1950 | SH |  | SOLE |  | 1950 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 427219 | 2625 | SH |  | SOLE |  | 2625 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 229559 | 577 | SH |  | SOLE |  | 577 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 675146 | 2385 | SH |  | SOLE |  | 2385 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 3034872 | 17741 | SH |  | SOLE |  | 17741 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 7454949 | 47079 | SH |  | SOLE |  | 47079 | 0 | 0 |
| LANTRONIX INC | COM NEW | 516548203 | BBG001SFBNM6 | 469800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 207165 | 750 | SH |  | SOLE |  | 750 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 | BBG00GVR8YR8 | 9608236 | 27735 | SH |  | SOLE |  | 27735 | 0 | 0 |
| LISTED FD TR | HORIZON KINETICS | 53656F623 | BBG00YV34KZ7 | 1406011 | 45050 | SH |  | SOLE |  | 45050 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 4069444 | 11450 | SH |  | SOLE |  | 11450 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 9243762 | 35762 | SH |  | SOLE |  | 35762 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 | BBG007FG0C32 | 2427877 | 13975 | SH |  | SOLE |  | 13975 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 3213918 | 19450 | SH |  | SOLE |  | 19450 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | BBG001S5T7M4 | 453149 | 2607 | SH |  | SOLE |  | 2607 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 | BBG001S79S19 | 2070352 | 21430 | SH |  | SOLE |  | 21430 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 250807 | 1009 | SH |  | SOLE |  | 1009 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 2334531 | 30461 | SH |  | SOLE |  | 30461 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 | BBG001S6SFR0 | 886109 | 61450 | SH |  | SOLE |  | 61450 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 8522114 | 25339 | SH |  | SOLE |  | 25339 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 | BBG001SC7PX1 | 235220 | 432 | SH |  | SOLE |  | 432 | 0 | 0 |
| MOODYS CORP | COM | 615369105 | BBG001S5VP87 | 234348 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 1120320 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 27583718 | 165499 | SH |  | SOLE |  | 165499 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 2082661 | 23810 | SH |  | SOLE |  | 23810 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 3956400 | 35325 | SH |  | SOLE |  | 35325 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 13943461 | 47409 | SH |  | SOLE |  | 47409 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 4494542 | 51537 | SH |  | SOLE |  | 51537 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 7774040 | 13963 | SH |  | SOLE |  | 13963 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXW5 | 10874466 | 57665 | SH |  | SOLE |  | 57665 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 1111744 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| PERKINELMER INC | COM | 714046109 | BBG001SBKS35 | 331749 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 1673064 | 28333 | SH |  | SOLE |  | 28333 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 | BBG001S5V215 | 3333177 | 55350 | SH |  | SOLE |  | 55350 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 984752 | 6020 | SH |  | SOLE |  | 6020 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 | BBG001S5V3C1 | 1074353 | 16100 | SH |  | SOLE |  | 16100 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 7998734 | 43740 | SH |  | SOLE |  | 43740 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 405376 | 4710 | SH |  | SOLE |  | 4710 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 2593256 | 38740 | SH |  | SOLE |  | 38740 | 0 | 0 |
| RPM INTL INC | COM | 749685103 | BBG001S7X317 | 257550 | 2550 | SH |  | SOLE |  | 2550 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 728803 | 24334 | SH |  | SOLE |  | 24334 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 | BBG001S5VZJ3 | 638468 | 10477 | SH |  | SOLE |  | 10477 | 0 | 0 |
| SELECT ENERGY SVCS INC | CL A COM | 81617J301 | BBG00G4Y2F27 | 149520 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 705316 | 1485 | SH |  | SOLE |  | 1485 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 4531652 | 38742 | SH |  | SOLE |  | 38742 | 0 | 0 |
| STERICYCLE INC | COM | 858912108 | BBG001S7P0T2 | 465192 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| SVB FINANCIAL GROUP | COM | 78486Q101 | BBG001S5W3B1 | 2286347 | 3371 | SH |  | SOLE |  | 3371 | 0 | 0 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 216013 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 401576 | 380 | SH |  | SOLE |  | 380 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 2402050 | 12745 | SH |  | SOLE |  | 12745 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 | BBG00YRJXKC0 | 21756564 | 17421 | SH |  | SOLE |  | 17421 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 5137748 | 7700 | SH |  | SOLE |  | 7700 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 4524073 | 59590 | SH |  | SOLE |  | 59590 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 1339260 | 5316 | SH |  | SOLE |  | 5316 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 7687252 | 35865 | SH |  | SOLE |  | 35865 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 1248373 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 1131589 | 2592 | SH |  | SOLE |  | 2592 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 384217 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 587182 | 2432 | SH |  | SOLE |  | 2432 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 784384 | 12800 | SH |  | SOLE |  | 12800 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 374165 | 7565 | SH |  | SOLE |  | 7565 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 216465 | 4166 | SH |  | SOLE |  | 4166 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG001S68LJ8 | 1633824 | 7440 | SH |  | SOLE |  | 7440 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 5219894 | 24087 | SH |  | SOLE |  | 24087 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | BBG001S5XBY7 | 301746 | 5785 | SH |  | SOLE |  | 5785 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 3568322 | 21380 | SH |  | SOLE |  | 21380 | 0 | 0 |
| WESTROCK CO | COM | 96145D105 | BBG008NXC581 | 787834 | 17760 | SH |  | SOLE |  | 17760 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | BBG001S6DSP0 | 6280316 | 146292 | SH |  | SOLE |  | 146292 | 0 | 0 |
| WIDEPOINT CORP | COMMON | 967590209 | BBG001S9FYN1 | 115514 | 29393 | SH |  | SOLE |  | 29393 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 1041600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| YELP INC | CL A | 985817105 | BBG001T6C2W9 | 228312 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |

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