| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1,137,443 shs Kellogg Co | 346,083 | 81,031,439 |
| 5,000 shs Entergy Louisiana Llc Pfd | 124,000 | 101,350 |
| 164,020 shs Dynamic Equity Managers Portfolio 1 | 125,005,964 | 96,601,882 |
| 320,446 shs Dynamic Equity Managers Portfolio 2 | 192,381,332 | 141,726,114 |
| 7,085 shs Abbott Laboratories Cmn | 725,587 | 777,862 |
| 20,062 shs Alphabet Inc. Cmn Class C | 1,133,622 | 1,780,101 |
| 23,369 shs Amazon.Com Inc Cmn | 2,080,483 | 1,962,996 |
| 16,726 shs Applied Materials Inc Cmn | 2,230,830 | 1,628,778 |
| 17,662 shs Ares Management Corporation Cmn Class A | 1,363,445 | 1,208,787 |
| 19,197 shs Ball Coporation Cmn | 959,564 | 981,735 |
| 667,995 shs Carlyle Group Inc Cmn | 1,847,748 | 1,993,163 |
| 15,435 shs Cbre Group Inc | 1,116,970 | 1,187,878 |
| 20,822 shs Costar Group Inc | 1,695,995 | 1,609,124 |
| 2,435 shs Elevance Health Inc | 1,185,631 | 1,249,082 |
| 26,536 shs General Electric Company | 1,901,695 | 2,223,451 |
| 9,354 shs Heico Corp Cl-A Cmn | 784,531 | 1,121,077 |
| 10,834 shs Jones Lang Lasalle Incorporate Cmn | 1,868,522 | 1,726,615 |
| 36,343 shs Kkr & Co. Inc. Cmn | 915,348 | 1,687,042 |
| 2,568 shs Lam Research Corporation Cmn | 1,502,356 | 1,079,330 |
| 4,980 shs Mastercard Incorporated Cmn Class A | 364,396 | 1,731,695 |
| 10,084 shs Microsoft Corporation Cmn | 1,543,943 | 2,418,345 |
| 17,832 shs Qorvo, Inc. Cmn | 1,637,969 | 1,616,292 |
| 11,168 shs Salesforce.Com Inc Cmn | 2,082,652 | 1,480,765 |
| 17,965 shs Skyworks Solutions, Inc. Cmn | 1,896,358 | 1,637,150 |
| 4,470 shs Transdigm Group Incorporated Cmn | 1,955,388 | 2,814,536 |
| 7,865 shs Visa Inc. Cmn | 580,890 | 1,634,032 |
| 5,856 shs Nice Systems Ltd 1 | 1,110,450 | 1,126,109 |
| 31,130 shs Alphabet Inc Cmn Class C | 3,731,566 | 2,762,165 |
| 116,700 shs Axalta Coating Systems Ltd. Cmn | 2,966,759 | 2,972,349 |
| 87,100 shs Bank Of America Corp Cmn | 1,457,529 | 2,884,752 |
| 10,300 shs Berkshire Hathaway Inc | 2,101,566 | 3,181,670 |
| 40,200 shs Carter'S Inc Cmn | 2,905,291 | 2,999,322 |
| 82,975 shs Corning Incorporated Cmn | 2,236,271 | 2,650,222 |
| 17,010 shs Devon Energy Corporation (New) Cmn | 157,741 | 1,046,285 |
| 48,092 shs Dupont De Nemours Inc Cmn | 2,704,964 | 3,300,554 |
| 202,200 shs Elanco Animal Health Incoration Cmn | 2,510,054 | 2,470,884 |
| 74,600 shs General Motors Company Cmn | 2,483,348 | 2,509,544 |
| 138,825 shs Graphic Packaging Hldgco Cmn | 1,555,080 | 3,088,856 |
| 202,725 shs Hanesbrand Inc. Cmn | 3,499,447 | 1,289,331 |
| 158,969 shs Infinera Corparation Cmn | 1,128,085 | 1,071,451 |
| 16,663 shs Intl. Flavors & Fragrance Cmn | 1,247,663 | 1,746,949 |
| 5,875 shs Merck & Co., Inc Cmn | 310,359 | 651,831 |
| 50,050 shs Micron Technology, Inc. Cmn | 2,593,659 | 2,501,499 |
| 25,550 shs Mohawk Industries Inc Common Stock | 3,364,291 | 2,611,721 |
| 122,750 shs Regions Financial Corporation Cmn | 1,558,170 | 2,646,490 |
| 52,225 shs Ss&C Technologies Holdings In Cmn | 2,644,513 | 2,718,834 |
| 80,843 shs Urban Outfitters Inc Cmn | 1,624,985 | 1,928,106 |
| 61,850 shs Walgreens Boots Alliance, Inc. Cmn | 2,943,453 | 2,310,716 |
| 26,900 shs Walt Disney Company (The) Cmn | 2,679,867 | 2,337,072 |
| 5,920 shs Westinghouse Air Brake Technol Cmn | 316,799 | 590,875 |
| 307,600 shs Lions Gate Entertainment Corp. Cmn Class (Lgfb) | 3,883,850 | 1,670,268 |
| 61,400 shs Sensata Technologies Holding P Cmn | 2,467,385 | 2,479,332 |
| 25 shs Amazon Inc Cmn | 2,083 | 2,100 |
| 62,231 shs Aersale Corp Cmn | 1,092,857 | 1,009,387 |
| 19,080 shs Agilysys, Inc. Cmn | 1,011,870 | 1,509,991 |
| 17,540 shs Argan, Inc Cmn | 789,652 | 646,875 |
| 71,579 shs Avid Bioservices, Inc. Cmn | 1,407,931 | 985,643 |
| 193,084 shs Bgc Partners Inc Cmn Class A | 821,571 | 727,927 |
| 12,974 shs Chase Corporation Cmn | 1,369,721 | 1,119,137 |
| 126,333 shs Concrete Pumping Holdings Inc Cmn | 998,886 | 739,048 |
| 19,830 shs Eplus Inc. Cmn | 1,055,247 | 878,072 |
| 24,834 shs Ies Holding Inc Cmn | 1,116,431 | 883,345 |
| 18,430 shs Mueller Industries Inc. Cmn | 799,789 | 1,087,370 |
| 62,120 shs Nomad Foods Ltd Cmn | 1,465,621 | 1,070,948 |
| 17,190 shs Northrim Bancorp, Inc. Cmn | 709,839 | 938,058 |
| 20,931 shs Semler Scientific Inc Cmn | 864,182 | 690,723 |
| 83,230 shs Siga Technologies, Inc Mcn | 569,769 | 612,573 |
| 14,980 shs Stonex Group Inc. Cmn | 990,502 | 1,427,594 |
| 14,720 shs Ufp Technologies Inc Cmn | 986,766 | 1,735,341 |
| 3,970 shs Winmark Corp Cmn | 851,816 | 936,245 |
| 80,520 shs Suntone Hotel Investors Inc. Cmn | 950,955 | 777,823 |
| 6,700 shs First Service Corporation Cmn | 1,246,250 | 821,085 |
| 4,280 shs Luxfer Holdings Plc Cmn | 62,919 | 57,248 |
| 38,860 shs Luxfer Holding Plc Cmn | 830,573 | 533,159 |
| 16,481 shs Artisan Partners Asset Mgmt In Cmn | 807,591 | 489,486 |
| 3,510 shs Asbury Automotive Group, Inc. Cmn | 656,957 | 629,168 |
| 23,265 shs Ati Inc Cmn | 434,384 | 694,693 |
| 20,074 shs Avient Cor Cmn | 962,076 | 677,698 |
| 9,621 shs Banner Corporation Cmn | 528,131 | 608,047 |
| 7,475 shs Belden Inc Cmn | 413,648 | 537,453 |
| 10,738 shs Boyd Gaming Corporation Cmn | 629,906 | 585,543 |
| 11,093 shs Brinks Company Cmn | 816,625 | 595,805 |
| 12,174 shs Cactus, Inc. Cmn | 446,881 | 611,865 |
| 7,647 shs Cadence Bank Cmn | 208,563 | 188,575 |
| 12,233 shs Callon Petroleum Company Cmn | 539,759 | 453,722 |
| 15,394 shs Coherent Corp Cmn | 873,875 | 540,329 |
| 9,665 shs Cryoport Inc Cmn | 255,921 | 167,688 |
| 6,436 shs Darling Ingredients Inc Cmn | 448,021 | 402,829 |
| 7,462 shs Diodes Incorporated Cmn | 526,137 | 568,157 |
| 11,427 shs Enovic Corporation Cmn | 771,373 | 611,573 |
| 2,927 shs Evercor5E Inc Cmn Class A | 321,939 | 319,277 |
| 46,466 shs Gray Television, Inc. Cmn | 931,629 | 519,955 |
| 3,952 shs Hanover Insurance Group Inc Cmn | 530,899 | 534,034 |
| 2,418 shs Herc Holdings Inc Cmn | 312,873 | 318,136 |
| 11,434 shs Hexcel Corporation Cmn | 697,583 | 672,891 |
| 14,026 shs Hillenbrand Inc Cmn | 653,140 | 598,489 |
| 10,709 shs Horace Mann Educators Corp Cmn | 422,529 | 400,195 |
| 7,738 shs Independent Bank Corp. Cmn | 592,817 | 653,319 |
| 9,366 shs Integer Holdings Corporation Cmn | 824,434 | 641,196 |
| 9,672 shs Madison Square Garden Entertai Cmn | 755,566 | 434,950 |
| 4,229 shs Marriot Vacations Worldwide Corporation Cmn | 610,111 | 569,181 |
| 14,975 shs Maxlinear, Inc. Cmn | 765,870 | 508,401 |
| 2,578 shs Medpace Holdings Inc Cmn | 395,771 | 547,593 |
| 8,633 shs Merit Medical Sys Inc Cmn | 571,543 | 609,662 |
| 6,588 shs Mks Instruments Inc Cmn | 482,918 | 558,201 |
| 5,681 shs Msa Safety Inc Cmn | 894,975 | 819,143 |
| 12,258 shs Nuvasive, Inc. Cmn | 706,342 | 505,520 |
| 12,109 shs Pacific Premier Bancorp, Inc Cmn | 469,186 | 382,160 |
| 8,477 shs Pdc Energy Inc Cmn | 332,152 | 538,120 |
| 5,797 shs Selective Insurance Group Inc Cmn | 478,825 | 513,672 |
| 7,401 shs Southstate Corp Cmn | 629,200 | 565,140 |
| 995 shs Southwest Gas Holdings Inc | 62,142 | 61,571 |
| 8,821 shs Spectrum Brands Holdings Inc Cmn | 613,044 | 537,375 |
| 11,041 shs Spx Technologies Inc Cmn | 700,978 | 724,842 |
| 11,454 shs Stifel Financial Corp Cmn | 767,758 | 668,570 |
| 1,939 shs Topbuild Corp Cmn | 312,163 | 303,434 |
| 18,081 shs Xpo Inc Cmn | 609,064 | 601,916 |
| 27,715 shs Zurn Elkay Water Solutions Cor Cmn | 811,009 | 586,172 |
| 20,433 shs Corporate Office Properties Trust | 530,414 | 530,032 |
| 39,605 shs Physicians Rlty Tr Cmn | 688,984 | 573,084 |
| 63,888 shs Onespaworld Holdings Limited Cmn | 637,235 | 596,075 |
| 11,154 shs Farfetch Limited Cmn Class A | 90,234 | 52,758 |
| 3,063 shs Ferguson Plc Cmn | 352,142 | 388,909 |
| 3,818 shs Amadeus It Group Sa Adr Cmn | 212,278 | 197,829 |
| 5,920 shs Astrazeneca Plc Spons Adr Sponsored Adr Cmn | 381,131 | 401,376 |
| 59,504 shs Banco Bilbao Vizcaya S A Adr Sponsored Adr Cmn | 269,891 | 357,619 |
| 17,467 shs Bnp Paribas Sponsored Adr Cmn | 422,700 | 496,342 |
| 21,156 shs Cellnex Telecom Sa Adr Cmn | 405,449 | 349,074 |
| 11,392 shs Chr Hansen Holding | 205,539 | 204,247 |
| 4,439 shs Compass Group Plc Cmn | 92,272 | 102,389 |
| 14,268 shs Daikin Industries Ltd Unsponsored Adr Cmn | 231,279 | 218,435 |
| 3,151 shs Dbs Group Holdings Sponsored Sdr Cmn | 274,766 | 318,765 |
| 8,802 shs Experian Plc Sponsored Adr Cmn | 263,119 | 297,842 |
| 16,501 shs Hexagon Aktiebolag Adr Cmn | 174,982 | 172,620 |
| 2,009 shs Hoya Corp Sponsored Sdr Cmn | 175,584 | 193,447 |
| 9,978 shs Iberdrola Sociedad Anonima Sponsored Adr Cmn | 417,681 | 465,573 |
| 6,648 shs Infineon Technologies Ag Sponsored Adr Cmn | 160,238 | 201,714 |
| 7,257 shs Informa Plc Sponsored Adr Cmn | 94,186 | 108,173 |
| 1,727 shs Intercontinental Hotels Group Sponsored Adr Cmn | 94,780 | 100,753 |
| 11,152 shs Honinklijke Ahold Nv Sponsored Adr Cmn | 297,202 | 319,449 |
| 4,410 shs Moncler S P A Adr Cmn | 194,881 | 232,976 |
| 12,279 shs Nest Oyj Unsponsored Adr Cmn | 275,165 | 281,889 |
| 3,507 shs Nnetle Sa Sponsored Adr | 404,242 | 406,118 |
| 12,991 shs Nidec Corporation Sponsored Adr | 207,130 | 168,337 |
| 12,906 shs Nomura Research Institute Ltd Adr Cmn | 338,343 | 304,685 |
| 2,665 shs Novo Nordisk Adr Cmn | 291,894 | 360,681 |
| 3,638 shs Orix Corporation Spons Adr Cmn | 311,271 | 292,932 |
| 21,703 shs Rickitt Benckiser Group Plc Sponsored Adr Cmn | 329,876 | 300,435 |
| 13,717 shs Rentokil Initial Plc Adr Spoonosred Adr Cmn | 408,290 | 422,621 |
| 12,472 shs Royal Dsm Nv Sponsored Adr Cmn | 459,799 | 0 |
| 15,279 shs Schneider Electric Se Unsponsored Sdr | 370,702 | 426,315 |
| 4,079 shs Shiseido Co Ltd Sponosred Adr Cmn | 164,593 | 200,046 |
| 3,491 shs Taiwan Semiconductor Mfg Ads Ltd Ads | 292,133 | 260,045 |
| 22,500 shs Takeda Pharmaceutical Co Ltd Sponosred Adr Cmn | 316,104 | 351,000 |
| 8,774 shs Vinci Sa Adr Cmn | 200,207 | 218,394 |
| 17,840 shs Vonovie Se Adr Cmn | 274,592 | 209,620 |
| 9,270 shs Zurich Ins Group Sponsored Adr Cmn | 403,812 | 443,162 |