# EDGAR Filing Document

**Accession Number:** 0000939219
**File Stem:** 0000939219-25-000008
**Filing Date:** 2025-7
**Character Count:** 26661
**Document Hash:** 3ef50f93e26b457caef78ee0bcc080b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000939219-25-000008.hdr.sgml**: 20250731

**ACCESSION NUMBER**: 0000939219-25-000008

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250731

**DATE AS OF CHANGE**: 20250731

**EFFECTIVENESS DATE**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEE DANNER & BASS INC
- **CENTRAL INDEX KEY:** 0000939219

**ORGANIZATION NAME:**
- **EIN:** 621327844
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04806
- **FILM NUMBER:** 251170416

**BUSINESS ADDRESS:**
- **STREET 1:** 3100 WEST END AVENUE
- **STREET 2:** SUITE 1250
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37203
- **BUSINESS PHONE:** 6152447775

**MAIL ADDRESS:**
- **STREET 1:** 3100 WEST END AVENUE
- **STREET 2:** SUITE 1250
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEE DANNER & BASS INC/
- **DATE OF NAME CHANGE:** 19990325

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** LEE DANNER  BASS INC<br>**Address:** 3100 WEST END AVENUE<br>SUITE 1250<br>NASHVILLE, TN 37203

**Form 13F File Number:** 028-04806

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:** Mark Smith<br>**Title:** Secretary/Treasurer<br>**Phone:** 6152447775

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

Mark Smith  Nashville, TN  07-31-2025<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:** 223

**Form 13F Information Table Value Total:** $1285626043

      (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 |
| AMAZON COM INC COM | Stock | 023135106 |  | 34519261 | 157342 | SH |  | SOLE | 0 | 0 | 0 | 157342 |
| HEWLETT PACKARD ENTERPRISE CO COM | Stock | 42824C109 |  | 993543 | 48584 | SH |  | SOLE | 0 | 0 | 0 | 48584 |
| INVESCO QQQ TRUST SERIES I | ETF | 46090E103 |  | 245480 | 445 | SH |  | SOLE | 0 | 0 | 0 | 445 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 226752 | 895 | SH |  | SOLE | 0 | 0 | 0 | 895 |
| STARBUCKS CORP COM | Stock | 855244109 |  | 4340605 | 47371 | SH |  | SOLE | 0 | 0 | 0 | 47371 |
| SEMPRA COM | Stock | 816851109 |  | 4804197 | 63405 | SH |  | SOLE | 0 | 0 | 0 | 63405 |
| PAN AMERN SILVER CORP COM | Stock | 697900108 |  | 426000 | 15000 | SH |  | SOLE | 0 | 0 | 0 | 15000 |
| VULCAN MATLS CO COM | Stock | 929160109 |  | 1741756 | 6678 | SH |  | SOLE | 0 | 0 | 0 | 6678 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 16662247 | 109082 | SH |  | SOLE | 0 | 0 | 0 | 109081 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 859210 | 2827 | SH |  | SOLE | 0 | 0 | 0 | 2827 |
| COSTCO WHSL CORP NEW COM | Stock | 22160K105 |  | 2360017 | 2384 | SH |  | SOLE | 0 | 0 | 0 | 2384 |
| CLEVELAND-CLIFFS INC NEW COM | Stock | 185899101 |  | 2257344 | 297019 | SH |  | SOLE | 0 | 0 | 0 | 297019 |
| HCA HEALTHCARE INC COM | Stock | 40412C101 |  | 152050892 | 396896 | SH |  | SOLE | 0 | 0 | 0 | 396896 |
| ISHARES MSCI EMERGING MARKETS ETF | ETF | 464287234 |  | 2033798 | 42160 | SH |  | SOLE | 0 | 0 | 0 | 42160 |
| GOLDMAN SACHS GROUP INC COM | Stock | 38141G104 |  | 26217006 | 37043 | SH |  | SOLE | 0 | 0 | 0 | 37042 |
| TOYOTA MOTOR CORP ADS | ADR | 892331307 |  | 433578 | 2517 | SH |  | SOLE | 0 | 0 | 0 | 2517 |
| SHELL PLC SPON ADS | ADR | 780259305 |  | 957787 | 13603 | SH |  | SOLE | 0 | 0 | 0 | 13603 |
| TELEDYNE TECHNOLOGIES INC COM | Stock | 879360105 |  | 433927 | 847 | SH |  | SOLE | 0 | 0 | 0 | 847 |
| VIASAT INC COM | Stock | 92552V100 |  | 4066100 | 278500 | SH |  | SOLE | 0 | 0 | 0 | 278500 |
| PROCTER AND GAMBLE CO COM | Stock | 742718109 |  | 13606349 | 85403 | SH |  | SOLE | 0 | 0 | 0 | 85402 |
| COCA COLA CO COM | Stock | 191216100 |  | 5480470 | 77462 | SH |  | SOLE | 0 | 0 | 0 | 77462 |
| GENERAL MLS INC COM | Stock | 370334104 |  | 680110 | 13127 | SH |  | SOLE | 0 | 0 | 0 | 13127 |
| TRUIST FINL CORP COM | Stock | 89832Q109 |  | 2534346 | 58952 | SH |  | SOLE | 0 | 0 | 0 | 58952 |
| UNITED PARCEL SERVICE INC CL B | Stock | 911312106 |  | 6284660 | 62261 | SH |  | SOLE | 0 | 0 | 0 | 62261 |
| VANGUARD REAL ESTATE ETF | ETF | 922908553 |  | 225634 | 2534 | SH |  | SOLE | 0 | 0 | 0 | 2533 |
| INTEL CORP COM | Stock | 458140100 |  | 5557727 | 248113 | SH |  | SOLE | 0 | 0 | 0 | 248112 |
| MEDTRONIC PLC SHS | Stock | G5960L103 |  | 10587317 | 121456 | SH |  | SOLE | 0 | 0 | 0 | 121455 |
| MEDICAL PPTYS TRUST INC COM | REIT | 58463J304 |  | 97578 | 22640 | SH |  | SOLE | 0 | 0 | 0 | 22640 |
| PROLOGIS INC. COM | REIT | 74340W103 |  | 386421 | 3676 | SH |  | SOLE | 0 | 0 | 0 | 3676 |
| MERCK  CO INC COM | Stock | 58933Y105 |  | 7400861 | 93492 | SH |  | SOLE | 0 | 0 | 0 | 93492 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 1687850 | 2732 | SH |  | SOLE | 0 | 0 | 0 | 2731 |
| MCKESSON CORP COM | Stock | 58155Q103 |  | 1919884 | 2620 | SH |  | SOLE | 0 | 0 | 0 | 2620 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 546550 | 973 | SH |  | SOLE | 0 | 0 | 0 | 972 |
| UNITED RENTALS INC COM | Stock | 911363109 |  | 24740903 | 32839 | SH |  | SOLE | 0 | 0 | 0 | 32839 |
| ALLSTATE CORP COM | Stock | 020002101 |  | 1303281 | 6474 | SH |  | SOLE | 0 | 0 | 0 | 6474 |
| NATIONAL HEALTH INVS INC COM | REIT | 63633D104 |  | 4377662 | 62431 | SH |  | SOLE | 0 | 0 | 0 | 62431 |
| DIAGEO PLC SPON ADR NEW | ADR | 25243Q205 |  | 2571699 | 25503 | SH |  | SOLE | 0 | 0 | 0 | 25502 |
| EDWARDS LIFESCIENCES CORP COM | Stock | 28176E108 |  | 436099 | 5576 | SH |  | SOLE | 0 | 0 | 0 | 5576 |
| TEGNA INC COM | Stock | 87901J105 |  | 4463104 | 266295 | SH |  | SOLE | 0 | 0 | 0 | 266295 |
| VERIZON COMMUNICATIONS INC COM | Stock | 92343V104 |  | 258403 | 5972 | SH |  | SOLE | 0 | 0 | 0 | 5971 |
| FEDEX CORP COM | Stock | 31428X106 |  | 14516619 | 63863 | SH |  | SOLE | 0 | 0 | 0 | 63862 |
| PEPSICO INC COM | Stock | 713448108 |  | 2033904 | 15404 | SH |  | SOLE | 0 | 0 | 0 | 15403 |
| ISHARES 1-3 YEAR TREASURY BOND ETF | ETF | 464287457 |  | 432115 | 5215 | SH |  | SOLE | 0 | 0 | 0 | 5215 |
| DXC TECHNOLOGY CO COM | Stock | 23355L106 |  | 1333059 | 87185 | SH |  | SOLE | 0 | 0 | 0 | 87185 |
| TE CONNECTIVITY PLC ORD SHS | Stock | G87052109 |  | 323678 | 1919 | SH |  | SOLE | 0 | 0 | 0 | 1919 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 7666759 | 32922 | SH |  | SOLE | 0 | 0 | 0 | 32921 |
| US BANCORP DEL COM NEW | Stock | 902973304 |  | 2313814 | 51134 | SH |  | SOLE | 0 | 0 | 0 | 51134 |
| BP PLC SPONSORED ADR | ADR | 055622104 |  | 2386112 | 79723 | SH |  | SOLE | 0 | 0 | 0 | 79723 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 10174627 | 27751 | SH |  | SOLE | 0 | 0 | 0 | 27751 |
| HEALTH CARE SELECT SECTOR SPDR FUND | ETF | 81369Y209 |  | 237245 | 1760 | SH |  | SOLE | 0 | 0 | 0 | 1760 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 1465927 | 4809 | SH |  | SOLE | 0 | 0 | 0 | 4809 |
| SOUTHERN CO COM | Stock | 842587107 |  | 451777 | 4920 | SH |  | SOLE | 0 | 0 | 0 | 4919 |
| REGIONS FINANCIAL CORP NEW COM | Stock | 7591EP100 |  | 6098736 | 259300 | SH |  | SOLE | 0 | 0 | 0 | 259300 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 2302922 | 5424 | SH |  | SOLE | 0 | 0 | 0 | 5424 |
| SCHWAB U.S. LARGE-CAP ETF | ETF | 808524201 |  | 217345 | 8893 | SH |  | SOLE | 0 | 0 | 0 | 8893 |
| RIMINI STR INC DEL COM | Stock | 76674Q107 |  | 75400 | 20000 | SH |  | SOLE | 0 | 0 | 0 | 20000 |
| LUMEN TECHNOLOGIES INC COM | Stock | 550241103 |  | 333165 | 76065 | SH |  | SOLE | 0 | 0 | 0 | 76065 |
| ATMOS ENERGY CORP COM | Stock | 049560105 |  | 235037 | 1525 | SH |  | SOLE | 0 | 0 | 0 | 1525 |
| SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF | ETF | 78464A474 |  | 400018 | 13250 | SH |  | SOLE | 0 | 0 | 0 | 13250 |
| CORECIVIC INC COM | Stock | 21871N101 |  | 9378383 | 445106 | SH |  | SOLE | 0 | 0 | 0 | 445106 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 3939807 | 36049 | SH |  | SOLE | 0 | 0 | 0 | 36049 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 138933523 | 286007 | SH |  | SOLE | 0 | 0 | 0 | 286006 |
| ADOBE INC COM | Stock | 00724F101 |  | 699479 | 1808 | SH |  | SOLE | 0 | 0 | 0 | 1808 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 3323345 | 18858 | SH |  | SOLE | 0 | 0 | 0 | 18858 |
| ISHARES MSCI PACIFIC EX-JAPAN ETF | ETF | 464286665 |  | 1013319 | 20525 | SH |  | SOLE | 0 | 0 | 0 | 20525 |
| FISERV INC COM | Stock | 337738108 |  | 18280805 | 106031 | SH |  | SOLE | 0 | 0 | 0 | 106031 |
| INTUIT COM | Stock | 461202103 |  | 933342 | 1185 | SH |  | SOLE | 0 | 0 | 0 | 1185 |
| HALLIBURTON CO COM | Stock | 406216101 |  | 5417024 | 265801 | SH |  | SOLE | 0 | 0 | 0 | 265801 |
| CONSTELLATION BRANDS INC CL A | Stock | 21036P108 |  | 2600424 | 15985 | SH |  | SOLE | 0 | 0 | 0 | 15984 |
| COMCAST CORP NEW CL A | Stock | 20030N101 |  | 3236151 | 90674 | SH |  | SOLE | 0 | 0 | 0 | 90673 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 47914208 | 96327 | SH |  | SOLE | 0 | 0 | 0 | 96327 |
| VALERO ENERGY CORP COM | Stock | 91913Y100 |  | 499774 | 3718 | SH |  | SOLE | 0 | 0 | 0 | 3718 |
| WARNER BROS DISCOVERY INC COM SER A | Stock | 934423104 |  | 418989 | 36561 | SH |  | SOLE | 0 | 0 | 0 | 36561 |
| HEALTHPEAK PROPERTIES INC COM | REIT | 42250P103 |  | 618313 | 35312 | SH |  | SOLE | 0 | 0 | 0 | 35312 |
| SCHLUMBERGER LTD COM STK | Stock | 806857108 |  | 4693096 | 138849 | SH |  | SOLE | 0 | 0 | 0 | 138849 |
| CVS HEALTH CORP COM | Stock | 126650100 |  | 3565231 | 51685 | SH |  | SOLE | 0 | 0 | 0 | 51685 |
| JEFFERIES FINL GROUP INC COM | Stock | 47233W109 |  | 5342666 | 97690 | SH |  | SOLE | 0 | 0 | 0 | 97690 |
| MICROBOT MED INC COM NEW | Stock | 59503A204 |  | 26803 | 10636 | SH |  | SOLE | 0 | 0 | 0 | 10636 |
| BERKSHIRE HATHAWAY INC DEL CL A | Stock | 084670108 |  | 1457600 | 2 | SH |  | SOLE | 0 | 0 | 0 | 2 |
| GEO GROUP INC NEW COM | Stock | 36162J106 |  | 6358725 | 265500 | SH |  | SOLE | 0 | 0 | 0 | 265500 |
| BOEING CO COM | Stock | 097023105 |  | 6018357 | 28723 | SH |  | SOLE | 0 | 0 | 0 | 28723 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 949278 | 4006 | SH |  | SOLE | 0 | 0 | 0 | 4005 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 679427 | 2428 | SH |  | SOLE | 0 | 0 | 0 | 2428 |
| VANGUARD LARGE-CAP ETF | ETF | 922908637 |  | 1164463 | 4082 | SH |  | SOLE | 0 | 0 | 0 | 4081 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 667473 | 9615 | SH |  | SOLE | 0 | 0 | 0 | 9615 |
| NIKE INC CL B | Stock | 654106103 |  | 4441847 | 62526 | SH |  | SOLE | 0 | 0 | 0 | 62526 |
| TESLA INC COM | Stock | 88160R101 |  | 228398 | 719 | SH |  | SOLE | 0 | 0 | 0 | 719 |
| VANGUARD HEALTH CARE ETF | ETF | 92204A504 |  | 313041 | 1261 | SH |  | SOLE | 0 | 0 | 0 | 1260 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 711853 | 2781 | SH |  | SOLE | 0 | 0 | 0 | 2781 |
| TEJON RANCH CO COM | Stock | 879080109 |  | 797120 | 47000 | SH |  | SOLE | 0 | 0 | 0 | 47000 |
| BROOKFIELD CORP CL A LTD VT SH | Stock | 11271J107 |  | 6821065 | 110284 | SH |  | SOLE | 0 | 0 | 0 | 110284 |
| FOX CORP CL A COM | Stock | 35137L105 |  | 579229 | 10336 | SH |  | SOLE | 0 | 0 | 0 | 10336 |
| FOX CORP CL B COM | Stock | 35137L204 |  | 295065 | 5715 | SH |  | SOLE | 0 | 0 | 0 | 5715 |
| KKR  CO INC COM | Stock | 48251W104 |  | 2643439 | 19871 | SH |  | SOLE | 0 | 0 | 0 | 19871 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 226076 | 398 | SH |  | SOLE | 0 | 0 | 0 | 398 |
| SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 523994 | 925 | SH |  | SOLE | 0 | 0 | 0 | 925 |
| KINROSS GOLD CORP COM | Stock | 496902404 |  | 318414 | 20372 | SH |  | SOLE | 0 | 0 | 0 | 20372 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 463820 | 595 | SH |  | SOLE | 0 | 0 | 0 | 595 |
| NOV INC COM | Stock | 62955J103 |  | 2597870 | 209000 | SH |  | SOLE | 0 | 0 | 0 | 209000 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 588891 | 2729 | SH |  | SOLE | 0 | 0 | 0 | 2729 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 2561957 | 21712 | SH |  | SOLE | 0 | 0 | 0 | 21711 |
| CARRIER GLOBAL CORPORATION COM | Stock | 14448C104 |  | 2531862 | 34593 | SH |  | SOLE | 0 | 0 | 0 | 34593 |
| SYSCO CORP COM | Stock | 871829107 |  | 14082097 | 185927 | SH |  | SOLE | 0 | 0 | 0 | 185926 |
| ISHARES FLOATING RATE BOND ETF | ETF | 46429B655 |  | 491935 | 9642 | SH |  | SOLE | 0 | 0 | 0 | 9642 |
| BROOKDALE SR LIVING INC COM | Stock | 112463104 |  | 2832685 | 406995 | SH |  | SOLE | 0 | 0 | 0 | 406995 |
| ISHARES SELECT DIVIDEND ETF | ETF | 464287168 |  | 391125 | 2945 | SH |  | SOLE | 0 | 0 | 0 | 2945 |
| MARATHON PETE CORP COM | Stock | 56585A102 |  | 544010 | 3275 | SH |  | SOLE | 0 | 0 | 0 | 3275 |
| PINNACLE FINL PARTNERS INC COM | Stock | 72346Q104 |  | 21595975 | 195598 | SH |  | SOLE | 0 | 0 | 0 | 195598 |
| TRACTOR SUPPLY CO COM | Stock | 892356106 |  | 725324 | 13745 | SH |  | SOLE | 0 | 0 | 0 | 13745 |
| VISA INC COM CL A | Stock | 92826C839 |  | 23042567 | 64900 | SH |  | SOLE | 0 | 0 | 0 | 64899 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 574950 | 2076 | SH |  | SOLE | 0 | 0 | 0 | 2076 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 598416 | 1365 | SH |  | SOLE | 0 | 0 | 0 | 1365 |
| L3HARRIS TECHNOLOGIES INC COM | Stock | 502431109 |  | 554858 | 2212 | SH |  | SOLE | 0 | 0 | 0 | 2212 |
| PHILLIPS 66 COM | Stock | 718546104 |  | 1078233 | 9038 | SH |  | SOLE | 0 | 0 | 0 | 9038 |
| IRON MTN INC DEL COM | REIT | 46284V101 |  | 4277169 | 41700 | SH |  | SOLE | 0 | 0 | 0 | 41700 |
| SIMPLIFY HEALTH CARE ETF | ETF | 82889N772 |  | 4428336 | 147562 | SH |  | SOLE | 0 | 0 | 0 | 147562 |
| VANECK OIL SERVICES ETF | ETF | 92189H607 |  | 1897129 | 8238 | SH |  | SOLE | 0 | 0 | 0 | 8238 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 14226685 | 19275 | SH |  | SOLE | 0 | 0 | 0 | 19275 |
| AMERICAN AIRLS GROUP INC COM | Stock | 02376R102 |  | 209242 | 18649 | SH |  | SOLE | 0 | 0 | 0 | 18649 |
| ADAMS DIVERSIFIED EQUITY FD COM | CEF | 006212104 |  | 542750 | 25000 | SH |  | SOLE | 0 | 0 | 0 | 25000 |
| PALO ALTO NETWORKS INC COM | Stock | 697435105 |  | 2833036 | 13844 | SH |  | SOLE | 0 | 0 | 0 | 13844 |
| O-I GLASS INC COM | Stock | 67098H104 |  | 1577475 | 107020 | SH |  | SOLE | 0 | 0 | 0 | 107020 |
| MONDELEZ INTL INC CL A | Stock | 609207105 |  | 13218935 | 196010 | SH |  | SOLE | 0 | 0 | 0 | 196010 |
| ADT INC DEL COM | Stock | 00090Q103 |  | 4662024 | 550416 | SH |  | SOLE | 0 | 0 | 0 | 550416 |
| BROADCOM INC COM | Stock | 11135F101 |  | 1054086 | 3824 | SH |  | SOLE | 0 | 0 | 0 | 3824 |
| JOHNSON CTLS INTL PLC SHS | Stock | G51502105 |  | 213247 | 2019 | SH |  | SOLE | 0 | 0 | 0 | 2019 |
| ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF | ETF | 46432F834 |  | 224199 | 2900 | SH |  | SOLE | 0 | 0 | 0 | 2900 |
| NOVARTIS AG SPONSORED ADR | ADR | 66987V109 |  | 886156 | 7323 | SH |  | SOLE | 0 | 0 | 0 | 7323 |
| BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS | Stock | 113004105 |  | 3780212 | 68383 | SH |  | SOLE | 0 | 0 | 0 | 68383 |
| WHITE MTNS INS GROUP LTD COM | Stock | G9618E107 |  | 5652927 | 3148 | SH |  | SOLE | 0 | 0 | 0 | 3148 |
| ACCENTURE PLC IRELAND SHS CLASS A | Stock | G1151C101 |  | 32750528 | 109574 | SH |  | SOLE | 0 | 0 | 0 | 109573 |
| VITESSE ENERGY INC COMMON STOCK | Stock | 92852X103 |  | 2838123 | 128480 | SH |  | SOLE | 0 | 0 | 0 | 128480 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 11882115 | 75208 | SH |  | SOLE | 0 | 0 | 0 | 75208 |
| OWENS CORNING NEW COM | Stock | 690742101 |  | 1470914 | 10696 | SH |  | SOLE | 0 | 0 | 0 | 10696 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 3631757 | 19566 | SH |  | SOLE | 0 | 0 | 0 | 19565 |
| SUNCOKE ENERGY INC COM | Stock | 86722A103 |  | 171800 | 20000 | SH |  | SOLE | 0 | 0 | 0 | 20000 |
| ZOETIS INC CL A | Stock | 98978V103 |  | 4302505 | 27589 | SH |  | SOLE | 0 | 0 | 0 | 27589 |
| BLACKSTONE INC COM | Stock | 09260D107 |  | 245012 | 1638 | SH |  | SOLE | 0 | 0 | 0 | 1638 |
| ZIMMER BIOMET HOLDINGS INC COM | Stock | 98956P102 |  | 224468 | 2461 | SH |  | SOLE | 0 | 0 | 0 | 2461 |
| STRYKER CORPORATION COM | Stock | 863667101 |  | 5641882 | 14261 | SH |  | SOLE | 0 | 0 | 0 | 14260 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 4042807 | 13837 | SH |  | SOLE | 0 | 0 | 0 | 13837 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 5961611 | 85927 | SH |  | SOLE | 0 | 0 | 0 | 85926 |
| TAPESTRY INC COM | Stock | 876030107 |  | 2478788 | 28229 | SH |  | SOLE | 0 | 0 | 0 | 28229 |
| CAPITAL ONE FINL CORP COM | Stock | 14040H105 |  | 319566 | 1502 | SH |  | SOLE | 0 | 0 | 0 | 1502 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 728770 | 7924 | SH |  | SOLE | 0 | 0 | 0 | 7924 |
| APA CORPORATION COM | Stock | 03743Q108 |  | 923938 | 50516 | SH |  | SOLE | 0 | 0 | 0 | 50516 |
| CORE SCIENTIFIC INC NEW COM | Stock | 21874A106 |  | 343090 | 20099 | SH |  | SOLE | 0 | 0 | 0 | 20099 |
| CORE SCIENTIFIC INC NEW WT EXP 012327 | Stock | 21874A114 |  | 218773 | 20182 | SH |  | SOLE | 0 | 0 | 0 | 20182 |
| AT INC COM | Stock | 00206R102 |  | 2397939 | 82859 | SH |  | SOLE | 0 | 0 | 0 | 82859 |
| SOLVENTUM CORP COM SHS | Stock | 83444M101 |  | 227596 | 3001 | SH |  | SOLE | 0 | 0 | 0 | 3001 |
| GE VERNOVA INC COM | Stock | 36828A101 |  | 416970 | 788 | SH |  | SOLE | 0 | 0 | 0 | 788 |
| MATERIALS SELECT SECTOR SPDR FUND | ETF | 81369Y100 |  | 1485306 | 16915 | SH |  | SOLE | 0 | 0 | 0 | 16915 |
| HENRY SCHEIN INC COM | Stock | 806407102 |  | 3823072 | 52335 | SH |  | SOLE | 0 | 0 | 0 | 52335 |
| GE AEROSPACE COM NEW | Stock | 369604301 |  | 821331 | 3191 | SH |  | SOLE | 0 | 0 | 0 | 3191 |
| ALAMOS GOLD INC NEW COM CL A | Stock | 011532108 |  | 531200 | 20000 | SH |  | SOLE | 0 | 0 | 0 | 20000 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 1432608 | 2307 | SH |  | SOLE | 0 | 0 | 0 | 2307 |
| THE CIGNA GROUP COM | Stock | 125523100 |  | 410250 | 1241 | SH |  | SOLE | 0 | 0 | 0 | 1241 |
| WELLS FARGO CO NEW COM | Stock | 949746101 |  | 4599369 | 57406 | SH |  | SOLE | 0 | 0 | 0 | 57406 |
| UNION PAC CORP COM | Stock | 907818108 |  | 226629 | 985 | SH |  | SOLE | 0 | 0 | 0 | 985 |
| ECOLAB INC COM | Stock | 278865100 |  | 253274 | 940 | SH |  | SOLE | 0 | 0 | 0 | 940 |
| SALESFORCE INC COM | Stock | 79466L302 |  | 5377447 | 19720 | SH |  | SOLE | 0 | 0 | 0 | 19720 |
| NORTHROP GRUMMAN CORP COM | Stock | 666807102 |  | 301988 | 604 | SH |  | SOLE | 0 | 0 | 0 | 604 |
| DARDEN RESTAURANTS INC COM | Stock | 237194105 |  | 924294 | 4240 | SH |  | SOLE | 0 | 0 | 0 | 4240 |
| REPUBLIC SVCS INC COM | Stock | 760759100 |  | 13456768 | 54567 | SH |  | SOLE | 0 | 0 | 0 | 54567 |
| JPMORGAN CHASE  CO. COM | Stock | 46625H100 |  | 7498377 | 25865 | SH |  | SOLE | 0 | 0 | 0 | 25864 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 5303901 | 37041 | SH |  | SOLE | 0 | 0 | 0 | 37041 |
| CONOCOPHILLIPS COM | Stock | 20825C104 |  | 569041 | 6341 | SH |  | SOLE | 0 | 0 | 0 | 6341 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 588229 | 10318 | SH |  | SOLE | 0 | 0 | 0 | 10318 |
| DANAHER CORPORATION COM | Stock | 235851102 |  | 3224989 | 16326 | SH |  | SOLE | 0 | 0 | 0 | 16325 |
| M  T BK CORP COM | Stock | 55261F104 |  | 3959336 | 20410 | SH |  | SOLE | 0 | 0 | 0 | 20410 |
| TJX COS INC NEW COM | Stock | 872540109 |  | 1032253 | 8359 | SH |  | SOLE | 0 | 0 | 0 | 8359 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 8314550 | 175709 | SH |  | SOLE | 0 | 0 | 0 | 175709 |
| WALMART INC COM | Stock | 931142103 |  | 12516903 | 128011 | SH |  | SOLE | 0 | 0 | 0 | 128010 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 3703819 | 12565 | SH |  | SOLE | 0 | 0 | 0 | 12564 |
| ORACLE CORP COM | Stock | 68389X105 |  | 9713994 | 44431 | SH |  | SOLE | 0 | 0 | 0 | 44431 |
| RTX CORPORATION COM | Stock | 75513E101 |  | 20726625 | 141944 | SH |  | SOLE | 0 | 0 | 0 | 141943 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 4275029 | 86434 | SH |  | SOLE | 0 | 0 | 0 | 86434 |
| TARGET CORP COM | Stock | 87612E106 |  | 1411682 | 14310 | SH |  | SOLE | 0 | 0 | 0 | 14310 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 767599 | 5758 | SH |  | SOLE | 0 | 0 | 0 | 5758 |
| PFIZER INC COM | Stock | 717081103 |  | 2576297 | 106283 | SH |  | SOLE | 0 | 0 | 0 | 106282 |
| MORGAN STANLEY COM NEW | Stock | 617446448 |  | 820791 | 5827 | SH |  | SOLE | 0 | 0 | 0 | 5827 |
| 3M CO COM | Stock | 88579Y101 |  | 5508706 | 36184 | SH |  | SOLE | 0 | 0 | 0 | 36184 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 14862661 | 38285 | SH |  | SOLE | 0 | 0 | 0 | 38285 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 37258109 | 210035 | SH |  | SOLE | 0 | 0 | 0 | 210035 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 2085172 | 6537 | SH |  | SOLE | 0 | 0 | 0 | 6537 |
| AMGEN INC COM | Stock | 031162100 |  | 6402006 | 22929 | SH |  | SOLE | 0 | 0 | 0 | 22929 |
| APPLIED MATLS INC COM | Stock | 038222105 |  | 285160 | 1558 | SH |  | SOLE | 0 | 0 | 0 | 1557 |
| OTIS WORLDWIDE CORP COM | Stock | 68902V107 |  | 733738 | 7410 | SH |  | SOLE | 0 | 0 | 0 | 7410 |
| AGNICO EAGLE MINES LTD COM | Stock | 008474108 |  | 15484924 | 130202 | SH |  | SOLE | 0 | 0 | 0 | 130202 |
| ISHARES CORE S U.S. GROWTH ETF | ETF | 464287671 |  | 369984 | 2460 | SH |  | SOLE | 0 | 0 | 0 | 2460 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 203731 | 995 | SH |  | SOLE | 0 | 0 | 0 | 995 |
| ISHARES CORE U.S. AGGREGATE BOND ETF | ETF | 464287226 |  | 301766 | 3042 | SH |  | SOLE | 0 | 0 | 0 | 3042 |
| FIRST TRUST ENHANCED SHORT MATURITY ETF | ETF | 33739Q408 |  | 407116 | 6800 | SH |  | SOLE | 0 | 0 | 0 | 6800 |
| ISHARES U.S. INSURANCE ETF | ETF | 464288786 |  | 5154927 | 38338 | SH |  | SOLE | 0 | 0 | 0 | 38338 |
| COMPASS MINERALS INTL INC COM | Stock | 20451N101 |  | 6830600 | 340000 | SH |  | SOLE | 0 | 0 | 0 | 340000 |
| DELTA AIR LINES INC DEL COM NEW | Stock | 247361702 |  | 1798562 | 36571 | SH |  | SOLE | 0 | 0 | 0 | 36571 |
| SPDR PORTFOLIO S 500 VALUE ETF | ETF | 78464A508 |  | 2290189 | 43756 | SH |  | SOLE | 0 | 0 | 0 | 43756 |
| PHILIP MORRIS INTL INC COM | Stock | 718172109 |  | 12638340 | 69392 | SH |  | SOLE | 0 | 0 | 0 | 69391 |
| BEYOND INC COM | Stock | 690370101 |  | 675410 | 98170 | SH |  | SOLE | 0 | 0 | 0 | 98170 |
| GRAHAM HLDGS CO COM CL B | Stock | 384637104 |  | 4257765 | 4500 | SH |  | SOLE | 0 | 0 | 0 | 4500 |
| BRISTOL-MYERS SQUIBB CO COM | Stock | 110122108 |  | 1468915 | 31733 | SH |  | SOLE | 0 | 0 | 0 | 31732 |
| ALTRIA GROUP INC COM | Stock | 02209S103 |  | 1374991 | 23452 | SH |  | SOLE | 0 | 0 | 0 | 23452 |
| LOEWS CORP COM | Stock | 540424108 |  | 14490974 | 158095 | SH |  | SOLE | 0 | 0 | 0 | 158094 |
| DOMINION ENERGY INC COM | Stock | 25746U109 |  | 1434817 | 25386 | SH |  | SOLE | 0 | 0 | 0 | 25386 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 16731278 | 155207 | SH |  | SOLE | 0 | 0 | 0 | 155206 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 5976721 | 19158 | SH |  | SOLE | 0 | 0 | 0 | 19158 |
| TRAVELERS COMPANIES INC COM | Stock | 89417E109 |  | 4664025 | 17433 | SH |  | SOLE | 0 | 0 | 0 | 17433 |
| LOWES COS INC COM | Stock | 548661107 |  | 16088459 | 72513 | SH |  | SOLE | 0 | 0 | 0 | 72513 |
| SOUTHWEST AIRLS CO COM | Stock | 844741108 |  | 1006743 | 31034 | SH |  | SOLE | 0 | 0 | 0 | 31034 |
| ISHARES MSCI ACWI ETF | ETF | 464288257 |  | 292179 | 2272 | SH |  | SOLE | 0 | 0 | 0 | 2272 |
| AMERICAN INTL GROUP INC COM NEW | Stock | 026874784 |  | 1421308 | 16606 | SH |  | SOLE | 0 | 0 | 0 | 16606 |
| UTILITIES SELECT SECTOR SPDR FUND | ETF | 81369Y886 |  | 1703999 | 20867 | SH |  | SOLE | 0 | 0 | 0 | 20867 |
| CABLE ONE INC COM | Stock | 12685J105 |  | 434728 | 3201 | SH |  | SOLE | 0 | 0 | 0 | 3201 |
| PAYPAL HLDGS INC COM | Stock | 70450Y103 |  | 522544 | 7031 | SH |  | SOLE | 0 | 0 | 0 | 7031 |
| AUTOZONE INC COM | Stock | 053332102 |  | 523424 | 141 | SH |  | SOLE | 0 | 0 | 0 | 141 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 299589 | 4831 | SH |  | SOLE | 0 | 0 | 0 | 4830 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 1730322 | 19357 | SH |  | SOLE | 0 | 0 | 0 | 19357 |
| APPLE INC COM | Stock | 037833100 |  | 47686014 | 232422 | SH |  | SOLE | 0 | 0 | 0 | 232421 |
| ABBOTT LABS COM | Stock | 002824100 |  | 4328927 | 31828 | SH |  | SOLE | 0 | 0 | 0 | 31828 |
| DISNEY WALT CO COM | Stock | 254687106 |  | 15219507 | 122728 | SH |  | SOLE | 0 | 0 | 0 | 122728 |
| FIDELITY NASDAQ COMPOSITE INDEX ETF | ETF | 315912808 |  | 301817 | 3768 | SH |  | SOLE | 0 | 0 | 0 | 3768 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 1823491 | 5370 | SH |  | SOLE | 0 | 0 | 0 | 5370 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 1942106 | 9999 | SH |  | SOLE | 0 | 0 | 0 | 9999 |

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