| TTEXAS PACIFIC LAND CORPORATITPL |
| 9.02% | 10.09% | $67.2M | 153,629 | $72.1M | 151,894 | +1,735+1.14% | Add |
 NVIDIA CORPORATIONNVDA |
| 4.92% | 4.63% | $36.7M | 183,401 | $33.0M | 189,451 | -6,050-3.19% | Reduce |
 APPLE INCAAPL |
| 3.66% | 3.53% | $27.3M | 94,398 | $25.2M | 99,210 | -4,812-4.85% | Reduce |
 PALO ALTOPANW |
| 3.61% | 1.8% | $26.9M | 78,978 | $12.8M | 80,138 | -1,160-1.45% | Reduce |
 CATERPILLAR INCCAT |
| 2.61% | 1.85% | $19.4M | 18,255 | $13.2M | 18,695 | -440-2.35% | Reduce |
| AAlphabet Inc Class CGOOG |
| 2.48% | 2.13% | $18.5M | 52,222 | $15.2M | 52,987 | -765-1.44% | Reduce |
 ABBVIE INCABBV |
| 2.42% | 2.2% | $18.1M | 71,774 | $15.7M | 72,234 | -460-0.64% | Reduce |
 JPMORGAN CHASE & COJPM |
| 2.32% | 2.17% | $17.3M | 52,906 | $15.5M | 52,643 | +263+0.50% | Add |
 EATON CORP PLCETN |
| 2.24% | 1.97% | $16.7M | 39,233 | $14.1M | 39,308 | -75-0.19% | Reduce |
 LANDBRIDGE CO LLC CL A CLASS ALB |
| 2.24% | 2.02% | $16.7M | 210,805 | $14.4M | 208,955 | +1,850+0.89% | Add |
 WHEATON PRECIOUS METALS CORPWPM |
| 2.22% | 2.73% | $16.6M | 147,484 | $19.5M | 148,889 | -1,405-0.94% | Reduce |
 GRAYSCALE BITCOIN TRUST ETFGBTC |
| 2.19% | 2.63% | $16.3M | 358,216 | $18.8M | 355,791 | +2,425+0.68% | Add |
 NIKE INCNKE |
| 2.15% | 2.9% | $16.0M | 390,091 | $20.7M | 392,130 | -2,039-0.52% | Reduce |
 HOME DEPOT INCHD |
| 2.12% | 2.03% | $15.8M | 44,769 | $14.5M | 44,063 | +706+1.60% | Add |
 LINDE PLCLIN |
| 1.99% | 1.99% | $14.9M | 28,635 | $14.2M | 28,665 | -30-0.10% | Reduce |
 PARKER-HANNIFIN CORPPH |
| 1.91% | 1.82% | $14.3M | 14,575 | $13.0M | 14,495 | +80+0.55% | Add |
 AIR PRODUCTS AND CHEMICALS IAPD |
| 1.6% | 1.66% | $11.9M | 40,732 | $11.8M | 40,772 | -40-0.10% | Reduce |
 MICROSOFT CORPMSFT |
| 1.58% | 1.46% | $11.8M | 31,573 | $10.4M | 28,124 | +3,449+12.26% | Add |
 AMAZON COM INCAMZN |
| 1.56% | 1.43% | $11.7M | 48,936 | $10.2M | 49,204 | -268-0.54% | Reduce |
 CHEVRON CORPORATIONCVX |
| 1.46% | 1.94% | $10.9M | 65,781 | $13.8M | 66,822 | -1,041-1.56% | Reduce |
 BOOKING HOLDINGS INC COMBKNG |
| 1.44% | 1.38% | $10.7M | 60,210 | $9.9M | 2,342 | +57,868+2,470.88% | Add |
 TJX COS INC NEWTJX |
| 1.34% | 1.47% | $10.0M | 66,140 | $10.5M | 65,915 | +225+0.34% | Add |
 FRANCO NEV CORPFNV |
| 1.33% | 1.63% | $9.9M | 47,679 | $11.7M | 47,214 | +465+0.98% | Add |
| CCACI INTL INCCACI |
| 1.32% | 1.61% | $9.9M | 21,270 | $11.5M | 21,145 | +125+0.59% | Add |
 FREEPORT MCMORAN INCFCX |
| 1.22% | 1.2% | $9.1M | 145,000 | $8.6M | 145,650 | -650-0.45% | Reduce |
 UNION PAC CORPUNP |
| 1.2% | 1.14% | $9.0M | 32,915 | $8.1M | 33,465 | -550-1.64% | Reduce |
 LOWES COS INC COMLOW |
| 1.18% | 1.28% | $8.8M | 39,802 | $9.1M | 38,692 | +1,110+2.87% | Add |
 CME GROUP INCCME |
| 1.16% | 1.61% | $8.7M | 39,260 | $11.5M | 38,955 | +305+0.78% | Add |
 INTERCONTINENTAL EXCHANGE INC COMICE |
| 1.15% | 1.52% | $8.6M | 69,745 | $10.9M | 69,065 | +680+0.98% | Add |
 ORACLE CORPORCL |
| 1.15% | 1.22% | $8.6M | 58,457 | $8.7M | 59,057 | -600-1.02% | Reduce |
| GGRAYSCALE BITCOIN MINI TR ETF SHS NEWBTC |
| 1.12% | 1.32% | $8.3M | 320,872 | $9.4M | 313,677 | +7,195+2.29% | Add |
 VISA INCV |
| 1.1% | 1.01% | $8.2M | 23,949 | $7.2M | 23,849 | +100+0.42% | Add |
 WILLIAMS COS INCWMB |
| 1% | 1% | $7.5M | 100,220 | $7.2M | 98,497 | +1,723+1.75% | Add |
 LOCKHEED MARTIN CORPLMT |
| 0.97% | 1.21% | $7.2M | 14,128 | $8.6M | 14,263 | -135-0.95% | Reduce |
 GALLAGHER ARTHUR J & CO COMAJG |
| 0.96% | 0.68% | $7.2M | 31,285 | $4.8M | 22,300 | +8,985+40.29% | Add |
| WWATERBRIDGE INFRASTRUCTURE LWBI |
| 0.94% | 0.75% | $7.0M | 203,650 | $5.4M | 200,200 | +3,450+1.72% | Add |
 MARRIOTT INTL INC NEWMAR |
| 0.9% | 0.86% | $6.7M | 18,090 | $6.1M | 18,725 | -635-3.39% | Reduce |
| QQUALCOMM INCQCOM |
| 0.87% | 0.68% | $6.5M | 35,188 | $4.9M | 37,900 | -2,712-7.16% | Reduce |
 BOEING COBA |
| 0.86% | 0.82% | $6.4M | 29,705 | $5.9M | 29,505 | +200+0.68% | Add |
 FEDEX CORPFDX |
| 0.83% | 0.98% | $6.2M | 19,842 | $7.0M | 19,632 | +210+1.07% | Add |
| HHAWAIIAN ELEC INDS INC MTN BHE |
| 0.79% | 0.77% | $5.9M | 434,750 | $5.5M | 370,650 | +64,100+17.29% | Add |
 XYLEM INCXYL |
| 0.78% | 0.41% | $5.8M | 49,455 | $2.9M | 24,375 | +25,080+102.89% | Add |
 JOHNSON & JOHNSONJNJ |
| 0.76% | 0.77% | $5.7M | 22,283 | $5.5M | 22,358 | -75-0.34% | Reduce |
 ALPHABET INCGOOGL |
| 0.74% | 0.64% | $5.5M | 15,432 | $4.6M | 15,957 | -525-3.29% | Reduce |
| IINTERNATIONAL BUSINESS MACHSIBM |
| 0.74% | 0.66% | $5.5M | 19,526 | $4.7M | 19,486 | +40+0.21% | Add |
 MEDTRONIC PLCMDT |
| 0.71% | 0.4% | $5.3M | 67,845 | $2.8M | 32,747 | +35,098+107.18% | Add |
 INTUITIVE SURGICAL INCISRG |
| 0.65% | 0.14% | $4.9M | 12,250 | $1.0M | 2,240 | +10,010+446.88% | Add |
| LListed Funds Trust Horizon Kinetics Inflation Beneficiaries EtfINFL |
| 0.6% | 0.64% | $4.4M | 89,202 | $4.6M | 88,302 | +900+1.02% | Add |
| RRIO TINTO PLCBBP |
| 0.6% | 0.62% | $4.4M | 46,860 | $4.4M | 47,555 | -695-1.46% | Reduce |
 MESABI TRMSB |
| 0.58% | 0.75% | $4.3M | 170,575 | $5.3M | 169,775 | +800+0.47% | Add |
