# EDGAR Filing Document

**Accession Number:** 0001053055
**File Stem:** 0001053055-23-000001
**Filing Date:** 2023-1
**Character Count:** 43352
**Document Hash:** e6b2d3dfba6fb58900a13d71eed0dabe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001053055-23-000001.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001053055-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**EFFECTIVENESS DATE**: 20230127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BOSTON FINANCIAL MANGEMENT LLC
- **CENTRAL INDEX KEY:** 0001053055
- **IRS NUMBER:** 475775386
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06656
- **FILM NUMBER:** 23562822

**BUSINESS ADDRESS:**
- **STREET 1:** 255 STATE STREET, 6TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 6173388108

**MAIL ADDRESS:**
- **STREET 1:** 255 STATE STREET, 6TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BOSTON FINANCIAL MANGEMENT INC /MA
- **DATE OF NAME CHANGE:** 19990804

### 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:** BOSTON FINANCIAL MANGEMENT LLC<br>**Address:** 255 STATE STREET 6TH FLOOR<br>BOSTON, MA 02109

**Form 13F File Number:** 028-06656

**CRD Number (if applicable):** 000112360

**SEC File Number (if applicable):** 801-11178

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:** Charles J. Zambri<br>**Title:** Chief Compliance Officer<br>**Phone:** 617-275-0364

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

Charles J. Zambri  Boston, MA  01-27-2023<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:** 320

**Form 13F Information Table Value Total:** $2489136861

      (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 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 1406133 | 3 | SH |  | SOLE | Boston Financial Management | 3 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 207240 | 404 | SH |  | SOLE | Boston Financial Management | 404 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 297256 | 658 | SH |  | SOLE | Boston Financial Management | 658 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 236199 | 801 | SH |  | SOLE | Boston Financial Management | 801 | 0 | 0 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 210098 | 847 | SH |  | SOLE | Boston Financial Management | 847 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 323231 | 920 | SH |  | SOLE | Boston Financial Management | 920 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 229752 | 951 | SH |  | SOLE | Boston Financial Management | 951 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 |  | 228704 | 956 | SH |  | SOLE | Boston Financial Management | 956 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 250289 | 1016 | SH |  | SOLE | Boston Financial Management | 1016 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 227931 | 1316 | SH |  | SOLE | Boston Financial Management | 1316 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 470087 | 1369 | SH |  | SOLE | Boston Financial Management | 1369 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 228002 | 1390 | SH |  | SOLE | Boston Financial Management | 1390 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 208209 | 1397 | SH |  | SOLE | Boston Financial Management | 1397 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 224388 | 1599 | SH |  | SOLE | Boston Financial Management | 1599 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 378443 | 1608 | SH |  | SOLE | Boston Financial Management | 1608 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 216594 | 1620 | SH |  | SOLE | Boston Financial Management | 1620 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 278137 | 1722 | SH |  | SOLE | Boston Financial Management | 1722 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 208870 | 1740 | SH |  | SOLE | Boston Financial Management | 1740 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 239535 | 1905 | SH |  | SOLE | Boston Financial Management | 1905 | 0 | 0 |
| VANECK ETF TRUST | ENVIRONMENTAL SR | 92189F304 |  | 272402 | 2000 | SH |  | SOLE | Boston Financial Management | 2000 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 209028 | 2008 | SH |  | SOLE | Boston Financial Management | 2008 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 629590 | 2022 | SH |  | SOLE | Boston Financial Management | 2022 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 228729 | 2029 | SH |  | SOLE | Boston Financial Management | 2029 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 491338 | 2051 | SH |  | SOLE | Boston Financial Management | 2051 | 0 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 209362 | 2077 | SH |  | SOLE | Boston Financial Management | 2077 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 314657 | 2169 | SH |  | SOLE | Boston Financial Management | 2169 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 256659 | 2221 | SH |  | SOLE | Boston Financial Management | 2221 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 298127 | 2249 | SH |  | SOLE | Boston Financial Management | 2249 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 331299 | 2267 | SH |  | SOLE | Boston Financial Management | 2267 | 0 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 397350 | 2281 | SH |  | SOLE | Boston Financial Management | 2281 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 512674 | 2324 | SH |  | SOLE | Boston Financial Management | 2324 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 486463 | 2387 | SH |  | SOLE | Boston Financial Management | 2387 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 1015820 | 2490 | SH |  | SOLE | Boston Financial Management | 2490 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1071042 | 2498 | SH |  | SOLE | Boston Financial Management | 2498 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 301962 | 2559 | SH |  | SOLE | Boston Financial Management | 2559 | 0 | 0 |
| SONY GROUP CORPORATION | SPONSORED ADR | 835699307 |  | 205193 | 2690 | SH |  | SOLE | Boston Financial Management | 2690 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 893955 | 2698 | SH |  | SOLE | Boston Financial Management | 2698 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 337267 | 2738 | SH |  | SOLE | Boston Financial Management | 2738 | 0 | 0 |
| CAMBRIDGE BANCORP | COM | 132152109 |  | 233565 | 2812 | SH |  | SOLE | Boston Financial Management | 2812 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 293818 | 2864 | SH |  | SOLE | Boston Financial Management | 2864 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 273779 | 2920 | SH |  | SOLE | Boston Financial Management | 2920 | 0 | 0 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 396336 | 2933 | SH |  | SOLE | Boston Financial Management | 2933 | 0 | 0 |
| ISHARES TR | MSCI KLD400 SOC | 464288570 |  | 220539 | 3072 | SH |  | SOLE | Boston Financial Management | 3072 | 0 | 0 |
| CONMED CORP | COM | 207410101 |  | 284446 | 3209 | SH |  | SOLE | Boston Financial Management | 3209 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 798179 | 3239 | SH |  | SOLE | Boston Financial Management | 3239 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 429964 | 3262 | SH |  | SOLE | Boston Financial Management | 3262 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 425738 | 3324 | SH |  | SOLE | Boston Financial Management | 3324 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 305454 | 3367 | SH |  | SOLE | Boston Financial Management | 3367 | 0 | 0 |
| SPDR SER TR | SPDR MSCI USA GE | 78468R747 |  | 268304 | 3405 | SH |  | SOLE | Boston Financial Management | 3405 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 702241 | 3473 | SH |  | SOLE | Boston Financial Management | 3473 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 330426 | 3480 | SH |  | SOLE | Boston Financial Management | 3480 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 695945 | 3493 | SH |  | SOLE | Boston Financial Management | 3493 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 746311 | 3502 | SH |  | SOLE | Boston Financial Management | 3502 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 357990 | 3542 | SH |  | SOLE | Boston Financial Management | 3542 | 0 | 0 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 389700 | 3606 | SH |  | SOLE | Boston Financial Management | 3606 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 662212 | 3608 | SH |  | SOLE | Boston Financial Management | 3608 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 685065 | 3666 | SH |  | SOLE | Boston Financial Management | 3666 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1079234 | 3666 | SH |  | SOLE | Boston Financial Management | 3666 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 201491 | 3769 | SH |  | SOLE | Boston Financial Management | 3769 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1000635 | 3771 | SH |  | SOLE | Boston Financial Management | 3771 | 0 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 321546 | 3792 | SH |  | SOLE | Boston Financial Management | 3792 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 399676 | 3846 | SH |  | SOLE | Boston Financial Management | 3846 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 264867 | 3878 | SH |  | SOLE | Boston Financial Management | 3878 | 0 | 0 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 491682 | 3930 | SH |  | SOLE | Boston Financial Management | 3930 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 462622 | 4020 | SH |  | SOLE | Boston Financial Management | 4020 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 565270 | 4027 | SH |  | SOLE | Boston Financial Management | 4027 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 291397 | 4148 | SH |  | SOLE | Boston Financial Management | 4148 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 1956505 | 4206 | SH |  | SOLE | Boston Financial Management | 4206 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 412015 | 4231 | SH |  | SOLE | Boston Financial Management | 4231 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 246594 | 4330 | SH |  | SOLE | Boston Financial Management | 4330 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 438745 | 4335 | SH |  | SOLE | Boston Financial Management | 4335 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 1711882 | 4409 | SH |  | SOLE | Boston Financial Management | 4409 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 742012 | 4484 | SH |  | SOLE | Boston Financial Management | 4484 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 229310 | 4600 | SH |  | SOLE | Boston Financial Management | 4600 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 385846 | 4678 | SH |  | SOLE | Boston Financial Management | 4678 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 227155 | 4759 | SH |  | SOLE | Boston Financial Management | 4759 | 0 | 0 |
| TE CONNECTIVITY LTD | SHS | H84989104 |  | 546792 | 4763 | SH |  | SOLE | Boston Financial Management | 4763 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 807995 | 4763 | SH |  | SOLE | Boston Financial Management | 4763 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 726930 | 4920 | SH |  | SOLE | Boston Financial Management | 4920 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 362146 | 5034 | SH |  | SOLE | Boston Financial Management | 5034 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 845100 | 5115 | SH |  | SOLE | Boston Financial Management | 5115 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 529781 | 5144 | SH |  | SOLE | Boston Financial Management | 5144 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 816404 | 5204 | SH |  | SOLE | Boston Financial Management | 5204 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 444321 | 5299 | SH |  | SOLE | Boston Financial Management | 5299 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 448116 | 5350 | SH |  | SOLE | Boston Financial Management | 5350 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 463063 | 5523 | SH |  | SOLE | Boston Financial Management | 5523 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 232999 | 5643 | SH |  | SOLE | Boston Financial Management | 5643 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 217622 | 5825 | SH |  | SOLE | Boston Financial Management | 5825 | 0 | 0 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 215819 | 5844 | SH |  | SOLE | Boston Financial Management | 5844 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 393544 | 5851 | SH |  | SOLE | Boston Financial Management | 5851 | 0 | 0 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 266357 | 5854 | SH |  | SOLE | Boston Financial Management | 5854 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 503573 | 5923 | SH |  | SOLE | Boston Financial Management | 5923 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 2215893 | 6057 | SH |  | SOLE | Boston Financial Management | 6057 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 469244 | 6072 | SH |  | SOLE | Boston Financial Management | 6072 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 279868 | 6100 | SH |  | SOLE | Boston Financial Management | 6100 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 1180657 | 6198 | SH |  | SOLE | Boston Financial Management | 6198 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 882706 | 6265 | SH |  | SOLE | Boston Financial Management | 6265 | 0 | 0 |
| MANAGED PORTFOLIO SERIES | ECOFIN GBL WATER | 56167N753 |  | 231303 | 6288 | SH |  | SOLE | Boston Financial Management | 6288 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 414204 | 6395 | SH |  | SOLE | Boston Financial Management | 6395 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 1335678 | 6519 | SH |  | SOLE | Boston Financial Management | 6519 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1404736 | 6555 | SH |  | SOLE | Boston Financial Management | 6555 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1053291 | 6711 | SH |  | SOLE | Boston Financial Management | 6711 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 432482 | 6731 | SH |  | SOLE | Boston Financial Management | 6731 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 583993 | 6774 | SH |  | SOLE | Boston Financial Management | 6774 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 1534295 | 6820 | SH |  | SOLE | Boston Financial Management | 6820 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 573519 | 6919 | SH |  | SOLE | Boston Financial Management | 6919 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 352551 | 7002 | SH |  | SOLE | Boston Financial Management | 7002 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 338066 | 7008 | SH |  | SOLE | Boston Financial Management | 7008 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 704050 | 7259 | SH |  | SOLE | Boston Financial Management | 7259 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 2469513 | 7373 | SH |  | SOLE | Boston Financial Management | 7373 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1033465 | 7613 | SH |  | SOLE | Boston Financial Management | 7613 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 577473 | 7671 | SH |  | SOLE | Boston Financial Management | 7671 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 1905537 | 7680 | SH |  | SOLE | Boston Financial Management | 7680 | 0 | 0 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 364432 | 7797 | SH |  | SOLE | Boston Financial Management | 7797 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 2661955 | 8161 | SH |  | SOLE | Boston Financial Management | 8161 | 0 | 0 |
| INDEPENDENT BK CORP MASS | COM | 453836108 |  | 692495 | 8202 | SH |  | SOLE | Boston Financial Management | 8202 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 412475 | 8215 | SH |  | SOLE | Boston Financial Management | 8215 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 642393 | 8220 | SH |  | SOLE | Boston Financial Management | 8220 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 259860 | 8260 | SH |  | SOLE | Boston Financial Management | 8260 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 375169 | 8372 | SH |  | SOLE | Boston Financial Management | 8372 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78464A847 |  | 360995 | 8494 | SH |  | SOLE | Boston Financial Management | 8494 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 238937 | 8654 | SH |  | SOLE | Boston Financial Management | 8654 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 303751 | 8696 | SH |  | SOLE | Boston Financial Management | 8696 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 860484 | 8830 | SH |  | SOLE | Boston Financial Management | 8830 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 3448489 | 8860 | SH |  | SOLE | Boston Financial Management | 8860 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 744261 | 8939 | SH |  | SOLE | Boston Financial Management | 8939 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 1435692 | 9090 | SH |  | SOLE | Boston Financial Management | 9090 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 322472 | 9429 | SH |  | SOLE | Boston Financial Management | 9429 | 0 | 0 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 2084102 | 9444 | SH |  | SOLE | Boston Financial Management | 9444 | 0 | 0 |
| ISHARES TR | BB RAT CORP BD | 46435U473 |  | 420424 | 9469 | SH |  | SOLE | Boston Financial Management | 9469 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 1692398 | 9640 | SH |  | SOLE | Boston Financial Management | 9640 | 0 | 0 |
| SVB FINANCIAL GROUP | COM | 78486Q101 |  | 2246627 | 9762 | SH |  | SOLE | Boston Financial Management | 9762 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 5458786 | 9763 | SH |  | SOLE | Boston Financial Management | 9763 | 0 | 0 |
| GENWORTH FINL INC | COM CL A | 37247D106 |  | 52900 | 10000 | SH |  | SOLE | Boston Financial Management | 10000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 1215149 | 10133 | SH |  | SOLE | Boston Financial Management | 10133 | 0 | 0 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 683959 | 10404 | SH |  | SOLE | Boston Financial Management | 10404 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2795149 | 10475 | SH |  | SOLE | Boston Financial Management | 10475 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 440468 | 10678 | SH |  | SOLE | Boston Financial Management | 10678 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 |  | 201079 | 10690 | SH |  | SOLE | Boston Financial Management | 10690 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 775872 | 10865 | SH |  | SOLE | Boston Financial Management | 10865 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2889040 | 11000 | SH |  | SOLE | Boston Financial Management | 11000 | 0 | 0 |
| SPDR SER TR | BLOOMBERG 1-3 MO | 78468R663 |  | 1055381 | 11538 | SH |  | SOLE | Boston Financial Management | 11538 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 910084 | 11710 | SH |  | SOLE | Boston Financial Management | 11710 | 0 | 0 |
| CACI INTL INC | CL A | 127190304 |  | 3543956 | 11790 | SH |  | SOLE | Boston Financial Management | 11790 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2134286 | 11891 | SH |  | SOLE | Boston Financial Management | 11891 | 0 | 0 |
| PACIRA BIOSCIENCES INC | NOTE 0.750% 8/0 | 695127AF7 |  | 10867 | 12000 | SH |  | SOLE | Boston Financial Management | 12000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 551806 | 12200 | SH |  | SOLE | Boston Financial Management | 12200 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1793427 | 12648 | SH |  | SOLE | Boston Financial Management | 12648 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 3477353 | 13195 | SH |  | SOLE | Boston Financial Management | 13195 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1229735 | 13196 | SH |  | SOLE | Boston Financial Management | 13196 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1084036 | 13262 | SH |  | SOLE | Boston Financial Management | 13262 | 0 | 0 |
| INDEXIQ ETF TR | IQ CNDRM ESG INT | 45409B453 |  | 332641 | 13413 | SH |  | SOLE | Boston Financial Management | 13413 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 481097 | 13495 | SH |  | SOLE | Boston Financial Management | 13495 | 0 | 0 |
| ISHARES TR | ESG AWRE USD ETF | 46435G193 |  | 303993 | 13634 | SH |  | SOLE | Boston Financial Management | 13634 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1037004 | 13899 | SH |  | SOLE | Boston Financial Management | 13899 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 2456119 | 13922 | SH |  | SOLE | Boston Financial Management | 13922 | 0 | 0 |
| STRIDE INC | NOTE 1.125% 9/0 | 86333MAA6 |  | 12528 | 14000 | SH |  | SOLE | Boston Financial Management | 14000 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1134877 | 14257 | SH |  | SOLE | Boston Financial Management | 14257 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 714528 | 14432 | SH |  | SOLE | Boston Financial Management | 14432 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 866034 | 14804 | SH |  | SOLE | Boston Financial Management | 14804 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 273669 | 14865 | SH |  | SOLE | Boston Financial Management | 14865 | 0 | 0 |
| BROADMARK RLTY CAP INC | COM | 11135B100 |  | 55180 | 15500 | SH |  | SOLE | Boston Financial Management | 15500 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 926970 | 15900 | SH |  | SOLE | Boston Financial Management | 15900 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1147099 | 15943 | SH |  | SOLE | Boston Financial Management | 15943 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 3591992 | 16305 | SH |  | SOLE | Boston Financial Management | 16305 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 7319319 | 16530 | SH |  | SOLE | Boston Financial Management | 16530 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 1412613 | 16668 | SH |  | SOLE | Boston Financial Management | 16668 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9364569 | 17663 | SH |  | SOLE | Boston Financial Management | 17663 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 1351254 | 17675 | SH |  | SOLE | Boston Financial Management | 17675 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 1753102 | 18571 | SH |  | SOLE | Boston Financial Management | 18571 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 4978896 | 18698 | SH |  | SOLE | Boston Financial Management | 18698 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 2106121 | 19157 | SH |  | SOLE | Boston Financial Management | 19157 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2368893 | 19685 | SH |  | SOLE | Boston Financial Management | 19685 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 4138708 | 19987 | SH |  | SOLE | Boston Financial Management | 19987 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 1915121 | 19995 | SH |  | SOLE | Boston Financial Management | 19995 | 0 | 0 |
| SCHWAB STRATEGIC TR | SCHWAB FDT US LG | 808524771 |  | 1075266 | 20121 | SH |  | SOLE | Boston Financial Management | 20121 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 874159 | 20221 | SH |  | SOLE | Boston Financial Management | 20221 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 11179833 | 20302 | SH |  | SOLE | Boston Financial Management | 20302 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 2979613 | 20470 | SH |  | SOLE | Boston Financial Management | 20470 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 2736923 | 20642 | SH |  | SOLE | Boston Financial Management | 20642 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 1330590 | 20823 | SH |  | SOLE | Boston Financial Management | 20823 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 2699503 | 20928 | SH |  | SOLE | Boston Financial Management | 20928 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 794839 | 20972 | SH |  | SOLE | Boston Financial Management | 20972 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 1420834 | 21065 | SH |  | SOLE | Boston Financial Management | 21065 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 5274761 | 21575 | SH |  | SOLE | Boston Financial Management | 21575 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 764164 | 21852 | SH |  | SOLE | Boston Financial Management | 21852 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 18622678 | 22064 | SH |  | SOLE | Boston Financial Management | 22064 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 4734061 | 22097 | SH |  | SOLE | Boston Financial Management | 22097 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1587779 | 22294 | SH |  | SOLE | Boston Financial Management | 22294 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 1746783 | 22306 | SH |  | SOLE | Boston Financial Management | 22306 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1943421 | 22369 | SH |  | SOLE | Boston Financial Management | 22369 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 853034 | 22675 | SH |  | SOLE | Boston Financial Management | 22675 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 1643563 | 23567 | SH |  | SOLE | Boston Financial Management | 23567 | 0 | 0 |
| IAC INC | COM NEW | 44891N208 |  | 1067198 | 24036 | SH |  | SOLE | Boston Financial Management | 24036 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 436252 | 24129 | SH |  | SOLE | Boston Financial Management | 24129 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 8201573 | 24371 | SH |  | SOLE | Boston Financial Management | 24371 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 3462825 | 24816 | SH |  | SOLE | Boston Financial Management | 24816 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1860759 | 25081 | SH |  | SOLE | Boston Financial Management | 25081 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 3422613 | 25289 | SH |  | SOLE | Boston Financial Management | 25289 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 2525136 | 25455 | SH |  | SOLE | Boston Financial Management | 25455 | 0 | 0 |
| ISHARES TR | RESIDENTIAL MULT | 464288562 |  | 1756748 | 25706 | SH |  | SOLE | Boston Financial Management | 25706 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 807277 | 26058 | SH |  | SOLE | Boston Financial Management | 26058 | 0 | 0 |
| GLUCOTRACK INC | COM NEW | 45824Q507 |  | 37185 | 26372 | SH |  | SOLE | Boston Financial Management | 26372 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 18704997 | 26396 | SH |  | SOLE | Boston Financial Management | 26396 | 0 | 0 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 227636 | 26562 | SH |  | SOLE | Boston Financial Management | 26562 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 5379465 | 28137 | SH |  | SOLE | Boston Financial Management | 28137 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1353973 | 28993 | SH |  | SOLE | Boston Financial Management | 28993 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 4778832 | 29570 | SH |  | SOLE | Boston Financial Management | 29570 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2856536 | 29737 | SH |  | SOLE | Boston Financial Management | 29737 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 5652926 | 32421 | SH |  | SOLE | Boston Financial Management | 32421 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2645818 | 33581 | SH |  | SOLE | Boston Financial Management | 33581 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 13318454 | 34826 | SH |  | SOLE | Boston Financial Management | 34826 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1789304 | 35686 | SH |  | SOLE | Boston Financial Management | 35686 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 4183474 | 35753 | SH |  | SOLE | Boston Financial Management | 35753 | 0 | 0 |
| WISDOMTREE TR | GROWTH LEADERS | 97717Y717 |  | 932551 | 37539 | SH |  | SOLE | Boston Financial Management | 37539 | 0 | 0 |
| WISDOMTREE TR | INTL QULTY DIV | 97717X131 |  | 1163731 | 38018 | SH |  | SOLE | Boston Financial Management | 38018 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 12128992 | 39265 | SH |  | SOLE | Boston Financial Management | 39265 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2510340 | 39465 | SH |  | SOLE | Boston Financial Management | 39465 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 7220184 | 39966 | SH |  | SOLE | Boston Financial Management | 39966 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 17732542 | 41039 | SH |  | SOLE | Boston Financial Management | 41039 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 9852497 | 41248 | SH |  | SOLE | Boston Financial Management | 41248 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 921097 | 41830 | SH |  | SOLE | Boston Financial Management | 41830 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 2878880 | 43194 | SH |  | SOLE | Boston Financial Management | 43194 | 0 | 0 |
| WISDOMTREE TR | US S CAP QTY DIV | 97717X651 |  | 1737273 | 43205 | SH |  | SOLE | Boston Financial Management | 43205 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1155784 | 43730 | SH |  | SOLE | Boston Financial Management | 43730 | 0 | 0 |
| INDEXIQ ETF TR | CANDRIAM ESG US | 45409B461 |  | 1498531 | 46854 | SH |  | SOLE | Boston Financial Management | 46854 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 4056067 | 47246 | SH |  | SOLE | Boston Financial Management | 47246 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 5638913 | 48582 | SH |  | SOLE | Boston Financial Management | 48582 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 3934171 | 48805 | SH |  | SOLE | Boston Financial Management | 48805 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 2309307 | 48926 | SH |  | SOLE | Boston Financial Management | 48926 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 7445531 | 49032 | SH |  | SOLE | Boston Financial Management | 49032 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 4995108 | 49496 | SH |  | SOLE | Boston Financial Management | 49496 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 3127342 | 50376 | SH |  | SOLE | Boston Financial Management | 50376 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 33230458 | 50731 | SH |  | SOLE | Boston Financial Management | 50731 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 20604166 | 53627 | SH |  | SOLE | Boston Financial Management | 53627 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 9933202 | 55745 | SH |  | SOLE | Boston Financial Management | 55745 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 13016865 | 57009 | SH |  | SOLE | Boston Financial Management | 57009 | 0 | 0 |
| ISHARES TR | ESG AWRE 1 5 YR | 46435G243 |  | 1376700 | 57918 | SH |  | SOLE | Boston Financial Management | 57918 | 0 | 0 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 860148 | 58197 | SH |  | SOLE | Boston Financial Management | 58197 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 18507296 | 58593 | SH |  | SOLE | Boston Financial Management | 58593 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 14003562 | 58908 | SH |  | SOLE | Boston Financial Management | 58908 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 16594653 | 62522 | SH |  | SOLE | Boston Financial Management | 62522 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 7040501 | 63830 | SH |  | SOLE | Boston Financial Management | 63830 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 8694239 | 64834 | SH |  | SOLE | Boston Financial Management | 64834 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 13966107 | 66341 | SH |  | SOLE | Boston Financial Management | 66341 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 3966231 | 67822 | SH |  | SOLE | Boston Financial Management | 67822 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 5172632 | 68475 | SH |  | SOLE | Boston Financial Management | 68475 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 3244401 | 68563 | SH |  | SOLE | Boston Financial Management | 68563 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 23595198 | 68875 | SH |  | SOLE | Boston Financial Management | 68875 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 1202600 | 70000 | SH |  | SOLE | Boston Financial Management | 70000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2767006 | 70229 | SH |  | SOLE | Boston Financial Management | 70229 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 4675340 | 71227 | SH |  | SOLE | Boston Financial Management | 71227 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 7911880 | 72064 | SH |  | SOLE | Boston Financial Management | 72064 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 3530791 | 74114 | SH |  | SOLE | Boston Financial Management | 74114 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 11548932 | 76200 | SH |  | SOLE | Boston Financial Management | 76200 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 6220382 | 76634 | SH |  | SOLE | Boston Financial Management | 76634 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 37775789 | 77650 | SH |  | SOLE | Boston Financial Management | 77650 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 5946100 | 79081 | SH |  | SOLE | Boston Financial Management | 79081 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 25560342 | 79279 | SH |  | SOLE | Boston Financial Management | 79279 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 8905291 | 80264 | SH |  | SOLE | Boston Financial Management | 80264 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 2110275 | 87382 | SH |  | SOLE | Boston Financial Management | 87382 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 41096047 | 90024 | SH |  | SOLE | Boston Financial Management | 90024 | 0 | 0 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 |  | 15856143 | 90591 | SH |  | SOLE | Boston Financial Management | 90591 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 3351598 | 96895 | SH |  | SOLE | Boston Financial Management | 96895 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 29105894 | 104464 | SH |  | SOLE | Boston Financial Management | 104464 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 |  | 12297248 | 104818 | SH |  | SOLE | Boston Financial Management | 104818 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 25524023 | 105519 | SH |  | SOLE | Boston Financial Management | 105519 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 63307617 | 105763 | SH |  | SOLE | Boston Financial Management | 105763 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 4175467 | 107118 | SH |  | SOLE | Boston Financial Management | 107118 | 0 | 0 |
| UNITED STATES ANTIMONY CORP | COM | 911549103 |  | 52419 | 107659 | SH |  | SOLE | Boston Financial Management | 107659 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 28485039 | 112014 | SH |  | SOLE | Boston Financial Management | 112014 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 20054355 | 112299 | SH |  | SOLE | Boston Financial Management | 112299 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 20267268 | 114731 | SH |  | SOLE | Boston Financial Management | 114731 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 11404727 | 120506 | SH |  | SOLE | Boston Financial Management | 120506 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 11056184 | 132251 | SH |  | SOLE | Boston Financial Management | 132251 | 0 | 0 |
| FARFETCH LTD | ORD SH CL A | 30744W107 |  | 646378 | 136655 | SH |  | SOLE | Boston Financial Management | 136655 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 12871169 | 145882 | SH |  | SOLE | Boston Financial Management | 145882 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 51270702 | 147444 | SH |  | SOLE | Boston Financial Management | 147444 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 1684069 | 151309 | SH |  | SOLE | Boston Financial Management | 151309 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 8799701 | 151510 | SH |  | SOLE | Boston Financial Management | 151510 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 26052020 | 154924 | SH |  | SOLE | Boston Financial Management | 154924 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 5181326 | 156441 | SH |  | SOLE | Boston Financial Management | 156441 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 35684004 | 168432 | SH |  | SOLE | Boston Financial Management | 168432 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 15040936 | 169514 | SH |  | SOLE | Boston Financial Management | 169514 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 6976700 | 170039 | SH |  | SOLE | Boston Financial Management | 170039 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 20675119 | 172508 | SH |  | SOLE | Boston Financial Management | 172508 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 55577011 | 180293 | SH |  | SOLE | Boston Financial Management | 180293 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 7895690 | 188127 | SH |  | SOLE | Boston Financial Management | 188127 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 26533057 | 195614 | SH |  | SOLE | Boston Financial Management | 195614 | 0 | 0 |
| AVANTOR INC | COM | 05352A100 |  | 4131194 | 195884 | SH |  | SOLE | Boston Financial Management | 195884 | 0 | 0 |
| FIRST REP BK SAN FRANCISCO C | COM | 33616C100 |  | 24576193 | 201626 | SH |  | SOLE | Boston Financial Management | 201626 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 25303697 | 206477 | SH |  | SOLE | Boston Financial Management | 206477 | 0 | 0 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 6332110 | 215525 | SH |  | SOLE | Boston Financial Management | 215525 | 0 | 0 |
| FERGUSON PLC NEW | SHS | G3421J106 |  | 27513129 | 216690 | SH |  | SOLE | Boston Financial Management | 216690 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 44574111 | 216969 | SH |  | SOLE | Boston Financial Management | 216969 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 41015771 | 222079 | SH |  | SOLE | Boston Financial Management | 222079 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 19131756 | 227759 | SH |  | SOLE | Boston Financial Management | 227759 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 62491281 | 263310 | SH |  | SOLE | Boston Financial Management | 263310 | 0 | 0 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 19067776 | 273844 | SH |  | SOLE | Boston Financial Management | 273844 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 58019764 | 279263 | SH |  | SOLE | Boston Financial Management | 279263 | 0 | 0 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 8133718 | 304862 | SH |  | SOLE | Boston Financial Management | 304862 | 0 | 0 |
| WISDOMTREE TR | EMG MKTS SMCAP | 97717W281 |  | 15412468 | 350363 | SH |  | SOLE | Boston Financial Management | 350363 | 0 | 0 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 17315253 | 352581 | SH |  | SOLE | Boston Financial Management | 352581 | 0 | 0 |
| CORE  MAIN INC | CL A | 21874C102 |  | 6844661 | 354462 | SH |  | SOLE | Boston Financial Management | 354462 | 0 | 0 |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 |  | 20778839 | 359309 | SH |  | SOLE | Boston Financial Management | 359309 | 0 | 0 |
| WATSCO INC | COM | 942622200 |  | 90239316 | 361826 | SH |  | SOLE | Boston Financial Management | 361826 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 52223771 | 389352 | SH |  | SOLE | Boston Financial Management | 389352 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 30575311 | 401567 | SH |  | SOLE | Boston Financial Management | 401567 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 113135257 | 471751 | SH |  | SOLE | Boston Financial Management | 471751 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 14229691 | 494430 | SH |  | SOLE | Boston Financial Management | 494430 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 31093786 | 543218 | SH |  | SOLE | Boston Financial Management | 543218 | 0 | 0 |
| COGENT COMMUNICATIONS HLDGS | COM NEW | 19239V302 |  | 34982550 | 612869 | SH |  | SOLE | Boston Financial Management | 612869 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 36437114 | 639584 | SH |  | SOLE | Boston Financial Management | 639584 | 0 | 0 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 |  | 47214299 | 782212 | SH |  | SOLE | Boston Financial Management | 782212 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 107880205 | 830295 | SH |  | SOLE | Boston Financial Management | 830295 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 67203303 | 926048 | SH |  | SOLE | Boston Financial Management | 926048 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 46613635 | 935641 | SH |  | SOLE | Boston Financial Management | 935641 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 8633735 | 1035220 | SH |  | SOLE | Boston Financial Management | 1035220 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 66250512 | 1088036 | SH |  | SOLE | Boston Financial Management | 1088036 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 68763363 | 1341986 | SH |  | SOLE | Boston Financial Management | 1341986 | 0 | 0 |

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