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Top Ten Equity Holdings

Ten Largest Equity Holdings

As of 12/31/2025
Holding Shares Value % Common
Net Assets*
Alphabet Inc. - Class C

Alphabet is a leading global technology firm that is extending its internet search capability and AI innovation to social media, enterprise IT, and mobile electronic devices.

294,923 $92,546,837 5.9%
Microsoft Corporation

Microsoft is a global provider of software, services, and hardware devices. The company produces the Windows operating system, Office productivity suite, Azure public cloud service, and Xbox gaming console.

180,000 $87,051,600 5.6%
Berkshire Hathaway Inc. - Class A

Berkshire Hathaway is a holding company owning many subsidiaries mainly in the insurance, railroad, utility/energy, aerospace, manufacturing, retail, and finance industries. The company also holds various common stock investments.

110 $83,028,000 5.3%
The TJX Companies, Inc.

Through its T.J. Maxx and Marshalls divisions, TJX is the leading off-price retailer.

525,092 $80,659,382 5.1%
Republic Services, Inc.

Republic Services is a provider of non-hazardous, solid waste collection and disposal services in the U.S.

355,625 $75,367,606 4.8%
Apple Inc.

Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services.

275,705 $74,953,161 4.8%
ASML HOLDING N.V.

ASML is a global provider of lithography systems for the semiconductor industry, manufacturing highly complex equipment critical to the production of integrated circuits or microchips.

62,000 $66,331,320 4.2%
Amazon.com, Inc.

Amazon serves consumers through online and physical stores. Amazon offers programs that enable sellers to grow their businesses, sell their products, and fulfill orders using services, and programs to publish and sell content. Amazon serves developers and enterprises through AWS, which offers technology services. Amazon also manufactures and sells electronic devices and provides advertising services to sellers, vendors, publishers, authors, and others.

286,000 $66,014,520 4.2%
GE Vernova Inc.

GE Vernova is a global leader in the electric power industry providing hardware and services to generate, transfer and convert electricity. The company enables 25% of global electricity generation via gas, wind, nuclear, hydro and wind power.

100,000 $65,357,000 4.2%
Arch Capital Group Ltd.

Arch Capital provides specialty risk solutions to clients worldwide and operates in most major global insurance centers.

600,000 $57,552,000 3.7%
$748,861,426 47.8%
* Net Assets Applicable to the Company's Common Stock. (Holdings are subject to change.)