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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | SPDR INDEX SHS FDS | $84.2M | 1844000 | 1.76% |
| 2 | DOW INC | $67.1M | 1611000 | 1.41% |
| 3 | POLARIS INC | $56.4M | 1035000 | 1.18% |
| 4 | ENTERPRISE PRODS PARTNERS L | $37.8M | 1000000 | 0.79% |
| 5 | ISHARES TR | $35.6M | 250020 | 0.75% |
| 6 | US BANCORP DEL | $32.5M | 625000 | 0.68% |
| 7 | ISHARES INC | $25.1M | 360000 | 0.53% |
| 8 | VANGUARD WHITEHALL FDS | $24.7M | 167000 | 0.52% |
| 9 | ISHARES TR | $22.1M | 216000 | 0.46% |
| 10 | ISHARES TR | $21.9M | 295000 | 0.46% |
| 11 | SCHWAB STRATEGIC TR | $20.1M | 418000 | 0.42% |
| 12 | BAXTER INTL INC | $17.6M | 1050000 | 0.37% |
| 13 | CARNIVAL CORP | $16.8M | 650000 | 0.35% |
| 14 | AMERISAFE INC | $14.2M | 426900 | 0.30% |
| 15 | SPDR SERIES TRUST | $14.1M | 55200 | 0.30% |
| 16 | TRUIST FINL CORP | $13.2M | 288000 | 0.28% |
| 17 | SPDR SERIES TRUST | $12.3M | 270000 | 0.26% |
| 18 | ALPHABET INC | $10.9M | 38000 | 0.23% |
| 19 | AVALONBAY CMNTYS INC | $10.6M | 65000 | 0.22% |
| 20 | ENBRIDGE INC | $9.7M | 179110 | 0.20% |
| 21 | VANGUARD INTL EQUITY INDEX F | $9.2M | 171000 | 0.19% |
| 22 | GE AEROSPACE | $9.1M | 32050 | 0.19% |
| 23 | FMC CORP | $7.7M | 450000 | 0.16% |
| 24 | ISHARES TR | $7.0M | 100000 | 0.15% |
| 25 | GE VERNOVA INC | $7.0M | 8012 | 0.15% |
| 26 | ISHARES TR | $6.9M | 83000 | 0.15% |
| 27 | SPDR SERIES TRUST | $6.5M | 110000 | 0.14% |
| 28 | AMAZON COM INC | $5.2M | 25000 | 0.11% |
| 29 | ISHARES INC | $5.2M | 150000 | 0.11% |
| 30 | NOVARTIS AG | $5.1M | 33570 | 0.11% |
| 31 | VANGUARD INDEX FDS | $5.0M | 15600 | 0.10% |
| 32 | BERKSHIRE HATHAWAY INC DEL | $4.6M | 9658 | 0.10% |
| 33 | APPLIED MATLS INC | $4.5M | 13070 | 0.09% |
| 34 | ISHARES TR | $4.1M | 52300 | 0.09% |
| 35 | TORONTO DOMINION BK ONT | $3.9M | 42096 | 0.08% |
| 36 | APPLE INC | $3.8M | 14818 | 0.08% |
| 37 | PROCTOR & GAMBLE ORD | $3.6M | 24769 | 0.07% |
| 38 | VANGUARD INDEX FDS | $3.4M | 13100 | 0.07% |
| 39 | ISHARES TR | $3.2M | 23800 | 0.07% |
| 40 | SELECT SECTOR SPDR TR | $3.1M | 75806 | 0.06% |
| 41 | BERKSHIRE HATHAWAY INC DEL | $2.9M | 4 | 0.06% |
| 42 | STRYKER CORPORATION | $2.7M | 8293 | 0.06% |
| 43 | MICROSOFT CORP | $2.6M | 7000 | 0.05% |
| 44 | CISCO SYS INC | $2.4M | 31080 | 0.05% |
| 45 | ORACLE CORP | $2.1M | 14500 | 0.04% |
| 46 | JOHNSON & JOHNSON | $2.1M | 8560 | 0.04% |
| 47 | THERMO FISHER SCIENTIFIC INC | $2.1M | 4190 | 0.04% |
| 48 | ZIMMER BIOMET HOLDINGS INC | $2.0M | 22350 | 0.04% |
| 49 | 3M CO | $1.7M | 11700 | 0.04% |
| 50 | META PLATFORMS INC | $1.7M | 2950 | 0.04% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.