# EDGAR Filing Document

**Accession Number:** 0001882572
**File Stem:** 0001941040-25-000393
**Filing Date:** 2025-8
**Character Count:** 22967
**Document Hash:** 68cf44f50b757a85464d652416d691ee
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-25-000393.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001941040-25-000393

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250731

**EFFECTIVENESS DATE**: 20250801

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Riverwater Partners LLC
- **CENTRAL INDEX KEY:** 0001882572

**ORGANIZATION NAME:**
- **EIN:** 812333271
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1221

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21541
- **FILM NUMBER:** 251173219

**BUSINESS ADDRESS:**
- **STREET 1:** 1433 N. WATER STREET
- **STREET 2:** SUITE 303
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-232-7957

**MAIL ADDRESS:**
- **STREET 1:** 1433 N WATER STREET
- **STREET 2:** SUITE 303
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

### 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:** Riverwater Partners LLC<br>**Address:** 1433 N Water Street<br>Suite 303<br>Milwaukee, WI 53202

**Form 13F File Number:** 028-21541

**CRD Number (if applicable):** 000283540

**SEC File Number (if applicable):** 801-117635

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:** Adam J. Peck<br>**Title:** Founder and CIO<br>**Phone:** 414-858-8000

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

Adam J. Peck  Milwaukee, WI  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:** 202

**Form 13F Information Table Value Total:** $212364913

      (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 |
| ABEONA THERAPEUTICS INC | COM NEW | 00289Y206 |  | 61878 | 10894 | SH |  | SOLE |  | 10894 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 499744 | 1672 | SH |  | SOLE |  | 1672 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 395778 | 1023 | SH |  | SOLE |  | 1023 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 455991 | 3864 | SH |  | SOLE |  | 3864 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 503669 | 4235 | SH |  | SOLE |  | 4235 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 323117 | 2242 | SH |  | SOLE |  | 2242 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 793998 | 4476 | SH |  | SOLE |  | 4476 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2116346 | 12009 | SH |  | SOLE |  | 12009 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1206864 | 5501 | SH |  | SOLE |  | 5501 | 0 | 0 |
| AMDOCS LTD | SHS | G02602103 |  | 1514584 | 16600 | SH |  | SOLE |  | 16600 | 0 | 0 |
| AMERICAN CENTY ETF TR | AVANTIS RESPONSI | 025072299 |  | 3532220 | 52288 | SH |  | SOLE |  | 52288 | 0 | 0 |
| AMERICAN CENTY ETF TR | AVANTIS RESPONSI | 025072315 |  | 4837356 | 82508 | SH |  | SOLE |  | 82507 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 318932 | 1443 | SH |  | SOLE |  | 1443 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 438648 | 4442 | SH |  | SOLE |  | 4442 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 363933 | 1529 | SH |  | SOLE |  | 1529 | 0 | 0 |
| ANGEL OAK FUNDS TRUST | OAK ULTRASHORT | 03463K752 |  | 308310 | 6037 | SH |  | SOLE |  | 6037 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 1026237 | 54155 | SH |  | SOLE |  | 54155 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 285159 | 2010 | SH |  | SOLE |  | 2010 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1108739 | 5404 | SH |  | SOLE |  | 5404 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 247942 | 1585 | SH |  | SOLE |  | 1585 | 0 | 0 |
| ARAMARK | COM | 03852U106 |  | 1282311 | 30626 | SH |  | SOLE |  | 30626 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 209940 | 2052 | SH |  | SOLE |  | 2052 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 431605 | 3387 | SH |  | SOLE |  | 3387 | 0 | 0 |
| ATMUS FILTRATION TECHNOLOGIE | COM | 04956D107 |  | 1848570 | 50757 | SH |  | SOLE |  | 50757 | 0 | 0 |
| ATRICURE INC | COM | 04963C209 |  | 1103202 | 33665 | SH |  | SOLE |  | 33665 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 584491 | 3331 | SH |  | SOLE |  | 3331 | 0 | 0 |
| AZZ INC | COM | 002474104 |  | 1438552 | 15226 | SH |  | SOLE |  | 15226 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 440443 | 2557 | SH |  | SOLE |  | 2557 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1470426 | 3027 | SH |  | SOLE |  | 3027 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 956021 | 8866 | SH |  | SOLE |  | 8866 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 |  | 2332133 | 41571 | SH |  | SOLE |  | 41571 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 503640 | 480 | SH |  | SOLE |  | 480 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 989960 | 171 | SH |  | SOLE |  | 171 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 333401 | 3104 | SH |  | SOLE |  | 3104 | 0 | 0 |
| BOWHEAD SPECIALTY HLDGS INC | COM SHS | 10240L102 |  | 1369695 | 36496 | SH |  | SOLE |  | 36496 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 641438 | 2327 | SH |  | SOLE |  | 2327 | 0 | 0 |
| CABOT CORP | COM | 127055101 |  | 1757850 | 23438 | SH |  | SOLE |  | 23438 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 618336 | 8330 | SH |  | SOLE |  | 8330 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 821041 | 3859 | SH |  | SOLE |  | 3859 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 468244 | 1254 | SH |  | SOLE |  | 1254 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 515904 | 7676 | SH |  | SOLE |  | 7676 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 700355 | 9569 | SH |  | SOLE |  | 9569 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 333606 | 1868 | SH |  | SOLE |  | 1868 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 1088089 | 5940 | SH |  | SOLE |  | 5940 | 0 | 0 |
| CHESAPEAKE UTILS CORP | COM | 165303108 |  | 2442510 | 20317 | SH |  | SOLE |  | 20317 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 1871973 | 23017 | SH |  | SOLE |  | 23017 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 3010958 | 89399 | SH |  | SOLE |  | 89399 | 0 | 0 |
| COASTAL FINL CORP WA | COM NEW | 19046P209 |  | 2885176 | 29784 | SH |  | SOLE |  | 29784 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 352454 | 1092 | SH |  | SOLE |  | 1092 | 0 | 0 |
| CORE  MAIN INC | CL A | 21874C102 |  | 292275 | 4843 | SH |  | SOLE |  | 4843 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 449171 | 8541 | SH |  | SOLE |  | 8541 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 810761 | 819 | SH |  | SOLE |  | 819 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 1430377 | 14123 | SH |  | SOLE |  | 14123 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 342605 | 3335 | SH |  | SOLE |  | 3335 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 539211 | 16525 | SH |  | SOLE |  | 16525 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 1581834 | 12306 | SH |  | SOLE |  | 12306 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 920141 | 4658 | SH |  | SOLE |  | 4658 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 718546 | 18939 | SH |  | SOLE |  | 18939 | 0 | 0 |
| DELCATH SYS INC | COM NEW | 24661P807 |  | 149831 | 11017 | SH |  | SOLE |  | 11017 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 367736 | 3713 | SH |  | SOLE |  | 3713 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 340231 | 4906 | SH |  | SOLE |  | 4906 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 258241 | 3765 | SH |  | SOLE |  | 3765 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 712938 | 2646 | SH |  | SOLE |  | 2646 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 961940 | 1234 | SH |  | SOLE |  | 1234 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 296394 | 2478 | SH |  | SOLE |  | 2478 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 484503 | 1868 | SH |  | SOLE |  | 1868 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 1508965 | 23752 | SH |  | SOLE |  | 23752 | 0 | 0 |
| EXELIXIS INC | COM | 30161Q104 |  | 1795572 | 40739 | SH |  | SOLE |  | 40739 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 337929 | 7783 | SH |  | SOLE |  | 7782 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 207515 | 1925 | SH |  | SOLE |  | 1925 | 0 | 0 |
| FEDERAL AGRIC MTG CORP | CL C | 313148306 |  | 1283644 | 6607 | SH |  | SOLE |  | 6607 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 988803 | 4541 | SH |  | SOLE |  | 4541 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 260560 | 1574 | SH |  | SOLE |  | 1574 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 342850 | 2537 | SH |  | SOLE |  | 2537 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 242728 | 4715 | SH |  | SOLE |  | 4715 | 0 | 0 |
| FRESENIUS MEDICAL CARE AG | SPONSORED ADR | 358029106 |  | 437292 | 15306 | SH |  | SOLE |  | 15306 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 275678 | 682 | SH |  | SOLE |  | 682 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 346371 | 15040 | SH |  | SOLE |  | 15040 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 203986 | 4635 | SH |  | SOLE |  | 4635 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 210130 | 1167 | SH |  | SOLE |  | 1167 | 0 | 0 |
| GOLDMAN SACHS PHYSICAL GOLD | UNIT | 38150K103 |  | 1638510 | 50138 | SH |  | SOLE |  | 50138 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 5615190 | 29710 | SH |  | SOLE |  | 29710 | 0 | 0 |
| GRIFFON CORP | COM | 398433102 |  | 460780 | 6367 | SH |  | SOLE |  | 6367 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 3351705 | 44923 | SH |  | SOLE |  | 44923 | 0 | 0 |
| HAYWARD HLDGS INC | COM | 421298100 |  | 230281 | 16687 | SH |  | SOLE |  | 16687 | 0 | 0 |
| HEALTHSTREAM INC | COM | 42222N103 |  | 938594 | 33921 | SH |  | SOLE |  | 33921 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 353927 | 4845 | SH |  | SOLE |  | 4845 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 357924 | 5493 | SH |  | SOLE |  | 5493 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 345008 | 941 | SH |  | SOLE |  | 941 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 262367 | 1458 | SH |  | SOLE |  | 1458 | 0 | 0 |
| ICF INTL INC | COM | 44925C103 |  | 2187425 | 25823 | SH |  | SOLE |  | 25822 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 302682 | 2192 | SH |  | SOLE |  | 2192 | 0 | 0 |
| INTEGER HLDGS CORP | COM | 45826H109 |  | 1473058 | 11979 | SH |  | SOLE |  | 11979 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 836440 | 4559 | SH |  | SOLE |  | 4559 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 4965573 | 22145 | SH |  | SOLE |  | 22145 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 504083 | 640 | SH |  | SOLE |  | 640 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 1486204 | 49261 | SH |  | SOLE |  | 49261 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 549136 | 9148 | SH |  | SOLE |  | 9147 | 0 | 0 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 |  | 341510 | 8263 | SH |  | SOLE |  | 8263 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2897936 | 4667 | SH |  | SOLE |  | 4667 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 812688 | 6007 | SH |  | SOLE |  | 6006 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 422150 | 5057 | SH |  | SOLE |  | 5056 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 789410 | 7840 | SH |  | SOLE |  | 7840 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 4588842 | 72288 | SH |  | SOLE |  | 72288 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 1309594 | 5120 | SH |  | SOLE |  | 5120 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 638382 | 2202 | SH |  | SOLE |  | 2202 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 274957 | 1678 | SH |  | SOLE |  | 1678 | 0 | 0 |
| KNIFE RIVER CORP | COMMON STOCK | 498894104 |  | 1024174 | 12545 | SH |  | SOLE |  | 12545 | 0 | 0 |
| KONINKLIJKE PHILIPS N V | NY REGIS SHS NEW | 500472303 |  | 484276 | 20195 | SH |  | SOLE |  | 20195 | 0 | 0 |
| KRANESHARES TRUST | GLOBAL CARB STRA | 500767678 |  | 2705804 | 91135 | SH |  | SOLE |  | 91135 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 443234 | 1767 | SH |  | SOLE |  | 1767 | 0 | 0 |
| LANTHEUS HLDGS INC | COM | 516544103 |  | 1172726 | 14326 | SH |  | SOLE |  | 14326 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 483507 | 5984 | SH |  | SOLE |  | 5984 | 0 | 0 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 2423000 | 29175 | SH |  | SOLE |  | 29175 | 0 | 0 |
| LIMONEIRA CO | COM | 532746104 |  | 3755421 | 239963 | SH |  | SOLE |  | 239963 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 731921 | 1560 | SH |  | SOLE |  | 1560 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 1022077 | 11886 | SH |  | SOLE |  | 11886 | 0 | 0 |
| MAMAS CREATIONS INC | COM | 56146T103 |  | 125089 | 15499 | SH |  | SOLE |  | 15499 | 0 | 0 |
| MAREX GROUP PLC | ORD | G5S37H101 |  | 856973 | 21712 | SH |  | SOLE |  | 21712 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 230228 | 1053 | SH |  | SOLE |  | 1053 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 528138 | 8206 | SH |  | SOLE |  | 8206 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 611391 | 1088 | SH |  | SOLE |  | 1088 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 |  | 1312379 | 78727 | SH |  | SOLE |  | 78727 | 0 | 0 |
| MERIT MED SYS INC | COM | 589889104 |  | 1688903 | 18067 | SH |  | SOLE |  | 18067 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 744733 | 1009 | SH |  | SOLE |  | 1009 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2745703 | 5520 | SH |  | SOLE |  | 5520 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 1664749 | 16901 | SH |  | SOLE |  | 16901 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 336655 | 2390 | SH |  | SOLE |  | 2390 | 0 | 0 |
| MORGAN STANLEY ETF TRUST | CALVERT US LARCP | 61774R205 |  | 2299115 | 30038 | SH |  | SOLE |  | 30038 | 0 | 0 |
| MSA SAFETY INC | COM | 553498106 |  | 915887 | 5467 | SH |  | SOLE |  | 5467 | 0 | 0 |
| NATIONAL CINEMEDIA INC | COM NEW | 635309206 |  | 1141303 | 235563 | SH |  | SOLE |  | 235563 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 625613 | 9012 | SH |  | SOLE |  | 9012 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 1406373 | 32570 | SH |  | SOLE |  | 32570 | 0 | 0 |
| NPK INTERNATIONAL INC | COM SHS | 651718504 |  | 330401 | 38825 | SH |  | SOLE |  | 38825 | 0 | 0 |
| NUSHARES ETF TR | NUVEEN ESG LRGVL | 67092P300 |  | 261131 | 6230 | SH |  | SOLE |  | 6230 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 372110 | 5080 | SH |  | SOLE |  | 5080 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1516230 | 9597 | SH |  | SOLE |  | 9597 | 0 | 0 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 342456 | 6008 | SH |  | SOLE |  | 6008 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 851127 | 3893 | SH |  | SOLE |  | 3893 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 323116 | 3585 | SH |  | SOLE |  | 3585 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 281523 | 2843 | SH |  | SOLE |  | 2843 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 322622 | 2346 | SH |  | SOLE |  | 2346 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 544219 | 5725 | SH |  | SOLE |  | 5725 | 0 | 0 |
| PALOMAR HLDGS INC | COM | 69753M105 |  | 2783441 | 18045 | SH |  | SOLE |  | 18045 | 0 | 0 |
| PERDOCEO ED CORP | COM | 71363P106 |  | 241677 | 7393 | SH |  | SOLE |  | 7393 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 452960 | 3797 | SH |  | SOLE |  | 3796 | 0 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 1187460 | 10755 | SH |  | SOLE |  | 10755 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 1341697 | 14996 | SH |  | SOLE |  | 14996 | 0 | 0 |
| PLEXUS CORP | COM | 729132100 |  | 2461154 | 18189 | SH |  | SOLE |  | 18189 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 615745 | 3303 | SH |  | SOLE |  | 3303 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 |  | 274765 | 1004 | SH |  | SOLE |  | 1004 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1371408 | 5139 | SH |  | SOLE |  | 5139 | 0 | 0 |
| PUTNAM ETF TRUST | ESG CORE BOND | 746729607 |  | 2505690 | 51178 | SH |  | SOLE |  | 51178 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 381905 | 2398 | SH |  | SOLE |  | 2398 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2367928 | 13182 | SH |  | SOLE |  | 13182 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 1119279 | 27521 | SH |  | SOLE |  | 27521 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 439233 | 833 | SH |  | SOLE |  | 833 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 281047 | 8315 | SH |  | SOLE |  | 8315 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2005911 | 21985 | SH |  | SOLE |  | 21985 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 225456 | 9461 | SH |  | SOLE |  | 9461 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 |  | 330189 | 2126 | SH |  | SOLE |  | 2126 | 0 | 0 |
| SKECHERS U S A INC | CL A | 830566105 |  | 249687 | 3957 | SH |  | SOLE |  | 3957 | 0 | 0 |
| SKYWARD SPECIALTY INS GROUP | COM | 830940102 |  | 1981677 | 34291 | SH |  | SOLE |  | 34291 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 344780 | 3511 | SH |  | SOLE |  | 3511 | 0 | 0 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 587757 | 22580 | SH |  | SOLE |  | 22580 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 206338 | 2492 | SH |  | SOLE |  | 2492 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 526082 | 2190 | SH |  | SOLE |  | 2190 | 0 | 0 |
| STONEX GROUP INC | COM | 861896108 |  | 2671131 | 29308 | SH |  | SOLE |  | 29308 | 0 | 0 |
| SUNOPTA INC | COM | 8676EP108 |  | 1682713 | 290123 | SH |  | SOLE |  | 290123 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 488599 | 6451 | SH |  | SOLE |  | 6451 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 415266 | 2462 | SH |  | SOLE |  | 2462 | 0 | 0 |
| TECNOGLASS INC | ORD SHS | G87264100 |  | 4429479 | 57258 | SH |  | SOLE |  | 57258 | 0 | 0 |
| TENNANT CO | COM | 880345103 |  | 1776926 | 22934 | SH |  | SOLE |  | 22934 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 200126 | 630 | SH |  | SOLE |  | 630 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 515728 | 2484 | SH |  | SOLE |  | 2484 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 781321 | 1927 | SH |  | SOLE |  | 1927 | 0 | 0 |
| TIDAL TRUST III | AFFORDABLE HOUS | 74741A106 |  | 1006369 | 58751 | SH |  | SOLE |  | 58751 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 517547 | 4191 | SH |  | SOLE |  | 4191 | 0 | 0 |
| TRUST FOR PROFESSIONAL MANAG | CONVERGENCE LNG | 89834G760 |  | 12132492 | 519148 | SH |  | SOLE |  | 519148 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 802122 | 13113 | SH |  | SOLE |  | 13113 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 383100 | 1665 | SH |  | SOLE |  | 1665 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 615205 | 1972 | SH |  | SOLE |  | 1972 | 0 | 0 |
| UNIVERSAL TECHNICAL INST INC | COM | 913915104 |  | 311652 | 9196 | SH |  | SOLE |  | 9196 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 1882723 | 276871 | SH |  | SOLE |  | 276871 | 0 | 0 |
| URANIUM RTY CORP | COM | 91702V101 |  | 32888 | 13155 | SH |  | SOLE |  | 13155 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 256839 | 5676 | SH |  | SOLE |  | 5676 | 0 | 0 |
| VALVOLINE INC | COM | 92047W101 |  | 356660 | 9418 | SH |  | SOLE |  | 9418 | 0 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 308124 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 331892 | 1092 | SH |  | SOLE |  | 1092 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 246757 | 1920 | SH |  | SOLE |  | 1919 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 2253244 | 110888 | SH |  | SOLE |  | 110888 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 307572 | 1065 | SH |  | SOLE |  | 1065 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 399966 | 1284 | SH |  | SOLE |  | 1284 | 0 | 0 |
| VESTIS CORPORATION | COM SHS | 29430C102 |  | 360148 | 62853 | SH |  | SOLE |  | 62853 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1285636 | 3621 | SH |  | SOLE |  | 3621 | 0 | 0 |
| WARBY PARKER INC | CL A COM | 93403J106 |  | 1279484 | 58344 | SH |  | SOLE |  | 58344 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 1755564 | 22513 | SH |  | SOLE |  | 22513 | 0 | 0 |
| WHITE MTNS INS GROUP LTD | COM | G9618E107 |  | 254992 | 142 | SH |  | SOLE |  | 142 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 251735 | 1946 | SH |  | SOLE |  | 1946 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 337037 | 1093 | SH |  | SOLE |  | 1093 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 291331 | 5609 | SH |  | SOLE |  | 5609 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 360089 | 2309 | SH |  | SOLE |  | 2309 | 0 | 0 |

---