Elgethun Capital Management Activity Q4 2016-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$43,012,386	+3.5%	123,374	+1.2%	12.97%	+3.6%
FRFHF	Buy	FAIRFAX FINANCIAL	$24,595,699	+9.1%	30,112	+0.4%	7.42%	+9.2%
IEMG	Buy	ISHARES INCcore msci emkt	$15,135,782	-2.7%	318,781	+1.0%	4.56%	-2.6%
EFV	Buy	ISHARES TReafe value etf	$13,003,306	+0.4%	267,495	+1.0%	3.92%	+0.4%
SCHB	Buy	SCHWAB STRATEGIC TRus brd mkt etf	$12,051,100	-3.1%	241,890	+0.5%	3.64%	-3.0%
CASH	Buy	PATHWARD FINANCIAL INC	$8,914,222	+0.4%	193,202	+0.8%	2.69%	+0.4%
	New	LIBERTY MEDIA CORP DEL	$8,392,809	–	135,658	–	2.53%	–
TBBK	Buy	BANCORP INC DEL	$7,990,638	+5.9%	232,077	+0.4%	2.41%	+6.0%
SCHW	Buy	SCHWAB CHARLES CORP	$7,827,239	-2.8%	143,628	+1.1%	2.36%	-2.7%
MSFT	Buy	MICROSOFT CORP	$7,737,232	-4.5%	24,299	+2.2%	2.33%	-4.4%
NVR	Sell	NVR INC	$7,009,221	-6.9%	1,177	-0.8%	2.11%	-6.9%
CWGL	Buy	CRIMSON WINE GROUP	$7,008,441	+1.1%	1,177,770	+13.8%	2.11%	+1.1%
FNDE	Buy	SCHWAB STRATEGIC TRschwb fdt emk lg	$7,006,693	+4.7%	267,718	+7.1%	2.11%	+4.8%
AMLP	Buy	ALPS ETF TRalerian mlp	$6,619,038	+8.1%	158,127	+1.3%	2.00%	+8.2%
	New	LIBERTY MEDIA CORP DEL	$6,606,544	–	258,784	–	1.99%	–
LLY	Buy	ELI LILLY & CO	$6,363,537	+48.3%	11,916	+30.0%	1.92%	+48.3%
VDE	Buy	VANGUARD WORLD FDSenergy etf	$5,752,619	+13.4%	45,795	+1.9%	1.74%	+13.5%
LBTYK	Buy	LIBERTY GLOBAL PLC	$5,060,137	+8.4%	279,173	+6.3%	1.53%	+8.5%
USB	Buy	US BANCORP DEL	$4,651,553	-1.0%	142,178	+0.0%	1.40%	-0.9%
	New	ATLANTA BRAVES HLDGS INC	$4,537,315	–	126,459	–	1.37%	–
INTC	Buy	INTEL CORP	$4,403,017	+8.4%	122,630	+1.0%	1.33%	+8.5%
	Buy	WARNER BROS DISCOVERY INC	$4,349,197	+76.1%	402,307	+104.2%	1.31%	+76.1%
ACI	Buy	ALBERTSONS COS INC	$4,346,940	+5.5%	191,323	+1.3%	1.31%	+5.6%
SCHF	Buy	SCHWAB STRATEGIC TRintl eqty etf	$4,323,578	-1.9%	128,225	+3.7%	1.30%	-1.8%
KMX	Buy	CARMAX INC	$4,184,599	-14.4%	59,163	+1.3%	1.26%	-14.3%
DFH	Sell	DREAM FINDERS HOMES INC	$4,113,506	-26.9%	182,921	-20.1%	1.24%	-26.8%
STLA	Buy	STELLANTIS N.V	$4,107,178	+9.7%	215,414	+0.9%	1.24%	+9.7%
UNH	Buy	UNITEDHEALTH GROUP INC	$3,935,952	+5.1%	7,812	+0.2%	1.19%	+5.1%
SBUX	Sell	STARBUCKS CORP	$3,868,859	-9.9%	42,471	-2.1%	1.17%	-9.9%
BOMN	Buy	BOSTON OMAHA CORP	$3,849,063	-3.1%	234,560	+11.1%	1.16%	-3.1%
WFC	Buy	WELLS FARGO CO NEW	$3,759,673	+0.4%	92,770	+5.7%	1.13%	+0.4%
KR	Buy	KROGER CO	$3,455,775	-4.5%	77,947	+1.2%	1.04%	-4.5%
JNJ	Sell	JOHNSON & JOHNSON	$3,215,607	-31.9%	20,739	-27.3%	0.97%	-31.8%
BUD	Sell	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$3,046,768	-5.0%	56,144	-0.7%	0.92%	-5.0%
AAPL	Buy	APPLE INC	$2,832,842	+14.0%	16,377	+27.9%	0.85%	+14.0%
AXP	Buy	AMERICAN EXPRESS CO	$2,691,550	-12.7%	18,077	+2.0%	0.81%	-12.7%
CVS	Buy	CVS HEALTH CORP	$2,655,535	+8.7%	38,561	+9.1%	0.80%	+8.7%
	Sell	FAIRFAX INDIA	$2,627,199	-7.6%	201,931	-0.4%	0.79%	-7.6%
C	Buy	CITIGROUP INC	$2,437,274	-2.4%	59,631	+9.9%	0.74%	-2.4%
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$2,321,117	+4.6%	85,413	+1.4%	0.70%	+4.6%
AMZN	Buy	AMAZON COM INC	$2,249,313	+2.4%	17,581	+4.3%	0.68%	+2.4%
SCHX	Sell	SCHWAB STRATEGIC TRus lrg cap etf	$2,062,970	-3.6%	40,766	-0.2%	0.62%	-3.6%
	Buy	OPPFI INC	$1,878,070	+24.4%	742,366	+0.3%	0.57%	+24.4%
VBR	Buy	VANGUARD INDEX FDSsm cp val etf	$1,615,950	-3.7%	10,191	+0.5%	0.49%	-3.8%
	New	KENVUE INC	$1,582,064	–	78,320	–	0.48%	–
SCHV	Buy	SCHWAB STRATEGIC TRus lcap va etf	$1,230,132	-3.0%	19,161	+1.3%	0.37%	-2.9%
BWB	Sell	BRIDGEWATER BANCSHARES INC	$1,194,641	-8.9%	126,150	-5.3%	0.36%	-8.9%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$1,160,993	-3.4%	29,635	+0.3%	0.35%	-3.3%
PEP	Buy	PEPSICO INC	$1,157,855	-7.7%	6,850	+1.2%	0.35%	-7.7%
GOOG	Buy	ALPHABET INCcap stk cl c	$1,132,040	+11.7%	8,461	+1.0%	0.34%	+11.4%
WRB	Buy	BERKLEY W R CORP	$1,077,455	+7.1%	17,100	+1.2%	0.32%	+7.3%
WMT	Buy	WALMART INC	$1,061,224	+6.9%	6,669	+5.6%	0.32%	+7.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$1,036,069	+12.1%	7,801	+1.0%	0.31%	+12.2%
ABBV	Buy	ABBVIE INC	$1,035,093	+10.6%	6,974	+0.4%	0.31%	+10.6%
MCD	Sell	MCDONALDS CORP	$945,124	-14.9%	3,625	-2.6%	0.28%	-14.9%
CVX	Buy	CHEVRON CORP NEW	$922,550	+22.5%	5,501	+14.9%	0.28%	+22.5%
HD	Buy	HOME DEPOT INC	$904,802	+0.7%	2,999	+3.7%	0.27%	+0.7%
XOM	Buy	EXXON MOBIL CORP	$735,191	+15.2%	6,303	+6.0%	0.22%	+15.6%
IWM	Sell	ISHARES TRrussell 2000 etf	$736,450	-8.4%	4,184	-2.6%	0.22%	-8.3%
MRK	Buy	MERCK & CO INC	$726,546	+130.8%	7,084	+159.6%	0.22%	+130.5%
MMM	Buy	3M CO	$700,994	-7.9%	7,661	+0.7%	0.21%	-7.9%
JPM	Buy	JPMORGAN CHASE & CO	$633,530	-0.1%	4,359	+0.0%	0.19%	0.0%
GEFB	Sell	GREIF INCcl b	$618,838	-18.3%	9,233	-5.8%	0.19%	-18.0%
BP	Buy	BP PLCsponsored adr	$589,051	+10.2%	15,291	+0.9%	0.18%	+10.6%
PG	Buy	PROCTER AND GAMBLE CO	$531,123	-3.3%	3,660	+1.1%	0.16%	-3.0%
KO	Buy	COCA COLA CO	$501,414	-1.4%	8,976	+6.3%	0.15%	-1.3%
NVDA	Sell	NVIDIA CORPORATION	$479,126	-7.6%	1,076	-12.2%	0.14%	-7.1%
WERN	Buy	WERNER ENTERPRISES INC	$455,143	-12.0%	11,740	+0.3%	0.14%	-12.2%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$442,713	-11.0%	2,867	+3.3%	0.13%	-10.7%
XLF	Sell	SELECT SECTOR SPDR TRfinancial	$443,174	-6.4%	13,401	-4.6%	0.13%	-6.3%
IVV	Buy	ISHARES TRcore s&p500 etf	$414,390	+50.9%	965	+56.7%	0.12%	+50.6%
HON	Sell	HONEYWELL INTL INC	$406,618	-15.8%	2,210	-5.1%	0.12%	-15.8%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$396,430	+0.8%	4,512	+15.8%	0.12%	+0.8%
CSX	New	CSX CORP	$375,580	–	12,310	–	0.11%	–
IEFA	Buy	ISHARES TRcore msci eafe	$331,924	+5.7%	5,196	+11.7%	0.10%	+5.3%
SYY	Buy	SYSCO CORP	$302,191	-11.5%	4,632	+0.6%	0.09%	-11.7%
GRBK	Buy	GREEN BRICK PARTNERS INC	$284,568	-13.6%	6,816	+17.5%	0.09%	-13.1%
CAT	Buy	CATERPILLAR INC	$274,572	+46.0%	1,000	+30.7%	0.08%	+45.6%
ITW	New	ILLINOIS TOOL WKS INC	$264,410	–	1,149	–	0.08%	–
UNP	Sell	UNION PAC CORP	$261,961	-9.0%	1,303	-7.4%	0.08%	-9.2%
ABT	Buy	ABBOTT LABS	$251,205	-8.6%	2,633	+4.4%	0.08%	-8.4%
FNDF	Sell	SCHWAB STRATEGIC TRschwb fdt int lg	$244,096	-11.2%	7,756	-8.9%	0.07%	-10.8%
PM	Buy	PHILIP MORRIS INTL INC	$232,904	+82.6%	2,524	+93.1%	0.07%	+84.2%
LMT	Buy	LOCKHEED MARTIN CORP	$222,061	-10.5%	543	+0.7%	0.07%	-10.7%
DEM	Buy	WISDOMTREE TRemer mkt high fd	$219,432	-1.9%	5,864	+0.4%	0.07%	-1.5%
MDU	Buy	MDU RES GROUP INC	$206,547	-6.7%	10,653	+0.7%	0.06%	-7.5%
MDLZ	Buy	MONDELEZ INTL INCcl a	$196,737	+3.3%	2,860	+9.6%	0.06%	+3.5%
AMT	Buy	AMERICAN TOWER CORP NEW	$193,308	-8.4%	1,188	+9.2%	0.06%	-9.4%
NOC	Sell	NORTHROP GRUMMAN CORP	$193,065	-16.5%	437	-13.8%	0.06%	-17.1%
	Sell	VITESSE ENERGY INC	$188,411	+1.4%	8,281	-0.2%	0.06%	+1.8%
INN	Buy	SUMMIT HOTEL PPTYS INC	$181,883	-10.7%	31,577	+0.9%	0.06%	-9.8%
NEE	Sell	NEXTERA ENERGY INC	$172,978	-34.9%	3,137	-12.4%	0.05%	-35.0%
PFE	Sell	PFIZER INC	$169,137	-35.9%	5,121	-28.8%	0.05%	-36.2%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$165,040	-7.5%	1,170	-12.2%	0.05%	-7.4%
GM	Sell	GENERAL MTRS CO	$158,748	-29.3%	4,820	-17.2%	0.05%	-29.4%
RTX	Sell	RTX CORPORATION	$155,950	-34.1%	2,173	-10.1%	0.05%	-33.8%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$153,624	+1.5%	359	+5.0%	0.05%	0.0%
AMAT	Buy	APPLIED MATLS INC	$142,696	-2.9%	1,017	+0.1%	0.04%	-2.3%
BAC	Buy	BANK AMERICA CORP	$135,339	+37.9%	4,967	+45.2%	0.04%	+36.7%
SCHA	Sell	SCHWAB STRATEGIC TRus sml cap etf	$134,133	-5.9%	3,252	-0.1%	0.04%	-7.0%
TXN	Sell	TEXAS INSTRS INC	$132,316	-15.7%	825	-5.3%	0.04%	-14.9%
NEM	Buy	NEWMONT CORP	$125,380	-14.4%	3,466	+1.0%	0.04%	-13.6%
AFL	Buy	AFLAC INC	$122,037	+10.4%	1,593	+0.6%	0.04%	+12.1%
IJR	Buy	ISHARES TRcore s&p scp etf	$122,336	+2.0%	1,303	+8.2%	0.04%	+2.8%
TGT	Sell	TARGET CORP	$118,513	-22.8%	1,093	-6.1%	0.04%	-21.7%
NKE	Buy	NIKE INCcl b	$102,885	-8.3%	1,087	+6.9%	0.03%	-8.8%
HSY	Buy	HERSHEY CO	$103,954	-19.9%	523	+0.6%	0.03%	-20.5%
QCOM	Sell	QUALCOMM INC	$102,250	-11.1%	923	-4.5%	0.03%	-11.4%
AMD	Sell	ADVANCED MICRO DEVICES INC	$101,477	-23.7%	981	-15.9%	0.03%	-22.5%
ORCL	Buy	ORACLE CORP	$93,018	-10.4%	873	+0.1%	0.03%	-9.7%
ECL	Buy	ECOLAB INC	$80,028	-9.3%	473	+0.2%	0.02%	-11.1%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$75,774	-3.7%	1,005	+6.7%	0.02%	-4.2%
VCSH	Sell	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$59,695	-43.0%	798	-42.3%	0.02%	-43.8%
PFF	Sell	ISHARES TRpfd and incm sec	$35,316	-79.5%	1,182	-78.8%	0.01%	-78.8%
	Buy	OPPFI INC*w exp 07/20/202	$9,189	+390.3%	214,700	+702.1%	0.00%	+200.0%
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-4,052	–	-0.03%	–
JEF	Exit	JEFFERIES FINL GROUP INC	$0	–	-70,788	–	-0.71%	–
FOX	Exit	FOX CORP	$0	–	-114,895	–	-1.10%	–
BATRK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-122,855	–	-1.47%	–
LSXMK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-179,178	–	-1.77%	–
FWONA	Exit	LIBERTY MEDIA CORP DEL	$0	–	-134,426	–	-2.74%	–

Q2 2023

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$41,571,759	–	121,852	–	12.53%	–
FRFHF	New	FAIRFAX FINANCIAL	$22,538,298	–	29,989	–	6.79%	–
IEMG	New	ISHARES INCcore msci emkt	$15,557,748	–	315,637	–	4.69%	–
EFV	New	ISHARES TReafe value etf	$12,956,718	–	264,747	–	3.90%	–
SCHB	New	SCHWAB STRATEGIC TRus brd mkt etf	$12,439,145	–	240,602	–	3.75%	–
FWONA	New	LIBERTY MEDIA CORP DEL	$9,089,886	–	134,426	–	2.74%	–
CASH	New	PATHWARD FINANCIAL INC	$8,882,431	–	191,597	–	2.68%	–
MSFT	New	MICROSOFT CORP	$8,099,943	–	23,786	–	2.44%	–
SCHW	New	SCHWAB CHARLES CORP	$8,053,555	–	142,088	–	2.43%	–
TBBK	New	BANCORP INC DEL	$7,543,554	–	231,043	–	2.27%	–
NVR	New	NVR INC	$7,531,835	–	1,186	–	2.27%	–
CWGL	New	CRIMSON WINE GROUP	$6,934,909	–	1,035,061	–	2.09%	–
FNDE	New	SCHWAB STRATEGIC TRschwb fdt emk lg	$6,693,563	–	250,040	–	2.02%	–
AMLP	New	ALPS ETF TRalerian mlp	$6,120,805	–	156,103	–	1.84%	–
LSXMK	New	LIBERTY MEDIA CORP DEL	$5,864,496	–	179,178	–	1.77%	–
DFH	New	DREAM FINDERS HOMES INC	$5,626,561	–	228,815	–	1.70%	–
VDE	New	VANGUARD WORLD FDSenergy etf	$5,072,677	–	44,935	–	1.53%	–
KMX	New	CARMAX INC	$4,887,486	–	58,427	–	1.47%	–
BATRK	New	LIBERTY MEDIA CORP DEL	$4,867,515	–	122,855	–	1.47%	–
JNJ	New	JOHNSON & JOHNSON	$4,719,773	–	28,515	–	1.42%	–
USB	New	US BANCORP DEL	$4,697,456	–	142,175	–	1.42%	–
LBTYK	New	LIBERTY GLOBAL PLC	$4,665,976	–	262,576	–	1.41%	–
SCHF	New	SCHWAB STRATEGIC TRintl eqty etf	$4,406,732	–	123,611	–	1.33%	–
SBUX	New	STARBUCKS CORP	$4,295,274	–	43,360	–	1.30%	–
LLY	New	LILLY ELI & CO	$4,292,071	–	9,166	–	1.29%	–
ACI	New	ALBERTSONS COS INC	$4,122,191	–	188,918	–	1.24%	–
INTC	New	INTEL CORP	$4,060,483	–	121,426	–	1.22%	–
BOMN	New	BOSTON OMAHA CORP	$3,973,617	–	211,138	–	1.20%	–
WFC	New	WELLS FARGO CO NEW	$3,746,387	–	87,779	–	1.13%	–
STLA	New	STELLANTIS N.V	$3,745,597	–	213,546	–	1.13%	–
UNH	New	UNITEDHEALTH GROUP INC	$3,745,541	–	7,793	–	1.13%	–
FOX	New	FOX CORP	$3,664,014	–	114,895	–	1.10%	–
KR	New	KROGER CO	$3,620,222	–	77,026	–	1.09%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$3,207,629	–	56,552	–	0.97%	–
AXP	New	AMERICAN EXPRESS CO	$3,084,278	–	17,716	–	0.93%	–
	New	FAIRFAX INDIA	$2,843,303	–	202,659	–	0.86%	–
IWR	New	ISHARES TRrus mid cap etf	$2,593,540	–	35,513	–	0.78%	–
C	New	CITIGROUP INC	$2,497,704	–	54,239	–	0.75%	–
AAPL	New	APPLE INC	$2,484,502	–	12,809	–	0.75%	–
	New	WARNER BROS DISCOVERY INC	$2,470,317	–	196,995	–	0.74%	–
CVS	New	CVS HEALTH CORP	$2,443,852	–	35,352	–	0.74%	–
JEF	New	JEFFERIES FINL GROUP INC	$2,348,030	–	70,788	–	0.71%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$2,219,839	–	84,244	–	0.67%	–
AMZN	New	AMAZON COM INC	$2,195,846	–	16,860	–	0.66%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$2,139,667	–	40,857	–	0.64%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$1,677,251	–	10,141	–	0.51%	–
	New	OPPFI INC	$1,509,223	–	739,815	–	0.46%	–
BWB	New	BRIDGEWATER BANCSHARES INC	$1,311,528	–	133,150	–	0.40%	–
SCHV	New	SCHWAB STRATEGIC TRus lcap va etf	$1,268,464	–	18,907	–	0.38%	–
PEP	New	PEPSICO INC	$1,254,341	–	6,772	–	0.38%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$1,201,678	–	29,540	–	0.36%	–
MCD	New	MCDONALDS CORP	$1,110,586	–	3,722	–	0.34%	–
V	New	VISA INC	$1,065,301	–	4,486	–	0.32%	–
GOOG	New	ALPHABET INCcap stk cl c	$1,013,729	–	8,380	–	0.31%	–
WRB	New	BERKLEY W R CORP	$1,006,427	–	16,898	–	0.30%	–
WMT	New	WALMART INC	$992,798	–	6,316	–	0.30%	–
ABBV	New	ABBVIE INC	$935,654	–	6,947	–	0.28%	–
GOOGL	New	ALPHABET INCcap stk cl a	$924,497	–	7,721	–	0.28%	–
HD	New	HOME DEPOT INC	$898,380	–	2,892	–	0.27%	–
IWM	New	ISHARES TRrussell 2000 etf	$803,821	–	4,294	–	0.24%	–
MMM	New	3M CO	$761,145	–	7,605	–	0.23%	–
GEFB	New	GREIF INCcl b	$757,465	–	9,805	–	0.23%	–
CVX	New	CHEVRON CORP NEW	$753,232	–	4,787	–	0.23%	–
EFA	New	ISHARES TRmsci eafe etf	$662,426	–	9,137	–	0.20%	–
XOM	New	EXXON MOBIL CORP	$638,073	–	5,948	–	0.19%	–
JPM	New	JPMORGAN CHASE & CO	$633,883	–	4,358	–	0.19%	–
DHR	New	DANAHER CORPORATION	$595,730	–	2,481	–	0.18%	–
IWO	New	ISHARES TRrus 2000 grw etf	$575,684	–	2,372	–	0.17%	–
NOW	New	SERVICENOW INC	$561,970	–	1,000	–	0.17%	–
PG	New	PROCTER AND GAMBLE CO	$548,968	–	3,619	–	0.16%	–
BP	New	BP PLCsponsored adr	$534,738	–	15,153	–	0.16%	–
MKL	New	MARKEL GROUP INC	$524,225	–	379	–	0.16%	–
WERN	New	WERNER ENTERPRISES INC	$517,022	–	11,703	–	0.16%	–
NVDA	New	NVIDIA CORPORATION	$518,485	–	1,226	–	0.16%	–
KO	New	COCA COLA CO	$508,447	–	8,443	–	0.15%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$497,364	–	2,775	–	0.15%	–
HON	New	HONEYWELL INTL INC	$483,033	–	2,328	–	0.15%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$473,611	–	14,050	–	0.14%	–
MPC	New	MARATHON PETE CORP	$466,400	–	4,000	–	0.14%	–
ACN	New	ACCENTURE PLC IRELAND	$466,573	–	1,512	–	0.14%	–
SPGI	New	S&P GLOBAL INC	$434,283	–	1,083	–	0.13%	–
BKNG	New	BOOKING HOLDINGS INC	$405,050	–	150	–	0.12%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$393,184	–	3,896	–	0.12%	–
MNST	New	MONSTER BEVERAGE CORP NEW	$382,550	–	6,660	–	0.12%	–
INTU	New	INTUIT	$369,485	–	806	–	0.11%	–
SYY	New	SYSCO CORP	$341,537	–	4,603	–	0.10%	–
GRBK	New	GREEN BRICK PARTNERS INC	$329,440	–	5,800	–	0.10%	–
AVGO	New	BROADCOM INC	$325,286	–	375	–	0.10%	–
IVLU	New	ISHARES TRmsci intl vlu ft	$320,848	–	12,607	–	0.10%	–
IEFA	New	ISHARES TRcore msci eafe	$313,967	–	4,652	–	0.10%	–
MRK	New	MERCK & CO INC	$314,826	–	2,729	–	0.10%	–
MA	New	MASTERCARD INCORPORATEDcl a	$297,092	–	755	–	0.09%	–
UNP	New	UNION PAC CORP	$287,836	–	1,407	–	0.09%	–
CRM	New	SALESFORCE INC	$282,877	–	1,339	–	0.08%	–
ABT	New	ABBOTT LABS	$274,971	–	2,523	–	0.08%	–
FNDF	New	SCHWAB STRATEGIC TRschwb fdt int lg	$274,979	–	8,516	–	0.08%	–
IVV	New	ISHARES TRcore s&p500 etf	$274,671	–	616	–	0.08%	–
URI	New	UNITED RENTALS INC	$270,785	–	608	–	0.08%	–
NEE	New	NEXTERA ENERGY INC	$265,856	–	3,583	–	0.08%	–
PFE	New	PFIZER INC	$263,901	–	7,197	–	0.08%	–
LMT	New	LOCKHEED MARTIN CORP	$248,173	–	539	–	0.08%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$246,922	–	2,184	–	0.07%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$236,631	–	2,416	–	0.07%	–
NOC	New	NORTHROP GRUMMAN CORP	$231,186	–	507	–	0.07%	–
GM	New	GENERAL MTRS CO	$224,449	–	5,821	–	0.07%	–
LOW	New	LOWES COS INC	$226,089	–	1,002	–	0.07%	–
DEM	New	WISDOMTREE TRemer mkt high fd	$223,620	–	5,843	–	0.07%	–
MDU	New	MDU RES GROUP INC	$221,488	–	10,577	–	0.07%	–
CB	New	CHUBB LIMITED	$215,475	–	1,119	–	0.06%	–
AMT	New	AMERICAN TOWER CORP NEW	$210,937	–	1,088	–	0.06%	–
DHI	New	D R HORTON INC	$208,942	–	1,717	–	0.06%	–
LPLA	New	LPL FINL HLDGS INC	$208,298	–	958	–	0.06%	–
INN	New	SUMMIT HOTEL PPTYS INC	$203,722	–	31,294	–	0.06%	–
EL	New	LAUDER ESTEE COS INCcl a	$198,775	–	1,012	–	0.06%	–
COST	New	COSTCO WHSL CORP NEW	$194,920	–	362	–	0.06%	–
MDLZ	New	MONDELEZ INTL INCcl a	$190,402	–	2,610	–	0.06%	–
CAT	New	CATERPILLAR INC	$188,110	–	765	–	0.06%	–
	New	VITESSE ENERGY INC	$185,808	–	8,295	–	0.06%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$178,349	–	1,333	–	0.05%	–
PFF	New	ISHARES TRpfd and incm sec	$172,337	–	5,572	–	0.05%	–
BA	New	BOEING CO	$161,115	–	763	–	0.05%	–
FL	New	FOOT LOCKER INC	$157,455	–	5,808	–	0.05%	–
DEO	New	DIAGEO PLCspon adr new	$155,983	–	899	–	0.05%	–
TXN	New	TEXAS INSTRS INC	$156,886	–	871	–	0.05%	–
TGT	New	TARGET CORP	$153,578	–	1,164	–	0.05%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$151,423	–	342	–	0.05%	–
NEM	New	NEWMONT CORP	$146,454	–	3,433	–	0.04%	–
AMAT	New	APPLIED MATLS INC	$146,906	–	1,016	–	0.04%	–
ETN	New	EATON CORP PLC	$145,798	–	725	–	0.04%	–
ARWR	New	ARROWHEAD PHARMACEUTICALS IN	$142,640	–	4,000	–	0.04%	–
SCHA	New	SCHWAB STRATEGIC TRus sml cap etf	$142,575	–	3,255	–	0.04%	–
ITB	New	ISHARES TRus home cons etf	$140,463	–	1,644	–	0.04%	–
IJH	New	ISHARES TRcore s&p mcp etf	$134,815	–	516	–	0.04%	–
CEF	New	SPROTT PHYSICAL GOLD & SILVEtr unit	$134,790	–	7,480	–	0.04%	–
AMD	New	ADVANCED MICRO DEVICES INC	$132,933	–	1,167	–	0.04%	–
CASY	New	CASEYS GEN STORES INC	$131,352	–	539	–	0.04%	–
HSY	New	HERSHEY CO	$129,850	–	520	–	0.04%	–
XEL	New	XCEL ENERGY INC	$124,517	–	2,003	–	0.04%	–
PM	New	PHILIP MORRIS INTL INC	$127,560	–	1,307	–	0.04%	–
IJR	New	ISHARES TRcore s&p scp etf	$119,963	–	1,204	–	0.04%	–
	New	KNIFE RIVER CORP	$114,971	–	2,643	–	0.04%	–
QCOM	New	QUALCOMM INC	$114,993	–	966	–	0.04%	–
VOO	New	VANGUARD INDEX FDS	$114,850	–	282	–	0.04%	–
NKE	New	NIKE INCcl b	$112,246	–	1,017	–	0.03%	–
AFL	New	AFLAC INC	$110,568	–	1,584	–	0.03%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$104,663	–	1,383	–	0.03%	–
IDV	New	ISHARES TRintl sel div etf	$106,527	–	4,052	–	0.03%	–
ORCL	New	ORACLE CORP	$103,842	–	872	–	0.03%	–
BAC	New	BANK AMERICA CORP	$98,118	–	3,420	–	0.03%	–
ECL	New	ECOLAB INC	$88,203	–	472	–	0.03%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$78,718	–	942	–	0.02%	–
BFLY	New	BUTTERFLY NETWORK INC	$23,002	–	10,001	–	0.01%	–
LCTX	New	LINEAGE CELL THERAPEUTICS IN	$21,150	–	15,000	–	0.01%	–
	New	BENSON HILL INC	$20,814	–	16,011	–	0.01%	–
	New	SKY HARBOUR GROUP CORPORATIO*w exp 10/21/202	$15,918	–	51,380	–	0.01%	–
NGD	New	NEW GOLD INC CDA	$13,200	–	12,000	–	0.00%	–
	New	SAB BIOTHERAPEUTICS INC	$8,246	–	9,935	–	0.00%	–
	New	OPPFI INC*w exp 07/20/202	$1,874	–	26,766	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
	Exit	BOXED INC	$0	–	-9,900	–	-0.00%	–
NGD	Exit	NEW GOLD INC CDA	$0	–	-12,000	–	-0.00%	–
	Exit	SAB BIOTHERAPEUTICS INC	$0	–	-13,296	–	-0.00%	–
LCTX	Exit	LINEAGE CELL THERAPEUTICS IN	$0	–	-15,000	–	-0.01%	–
	Exit	SKY HARBOUR GROUP CORPORATIO*w exp 10/21/202	$0	–	-66,780	–	-0.01%	–
	Exit	BENSON HILL INC	$0	–	-16,011	–	-0.02%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-1,202	–	-0.04%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-339	–	-0.05%	–
ARWR	Exit	ARROWHEAD PHARMACEUTICALS IN	$0	–	-4,000	–	-0.05%	–
NEM	Exit	NEWMONT CORP	$0	–	-3,334	–	-0.06%	–
ECL	Exit	ECOLAB INC	$0	–	-999	–	-0.06%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-4,964	–	-0.06%	–
AVGO	Exit	BROADCOM INC	$0	–	-375	–	-0.07%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-362	–	-0.07%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-2,195	–	-0.07%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,184	–	-0.08%	–
CB	Exit	CHUBB LIMITED	$0	–	-1,119	–	-0.08%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-1,717	–	-0.08%	–
LPLA	Exit	LPL FINL HLDGS INC	$0	–	-958	–	-0.08%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-755	–	-0.09%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-554	–	-0.09%	–
XLF	Exit	SELECT SECTOR SPDR TRfinancial	$0	–	-7,328	–	-0.09%	–
GRBK	Exit	GREEN BRICK PARTNERS INC	$0	–	-10,800	–	-0.09%	–
MRK	Exit	MERCK & CO INC	$0	–	-2,662	–	-0.09%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-1,085	–	-0.09%	–
ABT	Exit	ABBOTT LABS	$0	–	-2,508	–	-0.10%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-3,121	–	-0.10%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-150	–	-0.10%	–
UNP	Exit	UNION PAC CORP	$0	–	-1,295	–	-0.10%	–
INN	Exit	SUMMIT HOTEL PPTYS INC	$0	–	-38,409	–	-0.10%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-10,421	–	-0.11%	–
MNST	Exit	MONSTER BEVERAGE CORP NEW	$0	–	-3,330	–	-0.12%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,870	–	-0.12%	–
FL	Exit	FOOT LOCKER INC	$0	–	-10,061	–	-0.12%	–
INTU	Exit	INTUIT	$0	–	-806	–	-0.12%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,083	–	-0.13%	–
CNC	Exit	CENTENE CORP DEL	$0	–	-4,323	–	-0.13%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-1,572	–	-0.14%	–
SYY	Exit	SYSCO CORP	$0	–	-4,759	–	-0.14%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-732	–	-0.14%	–
IVLU	Exit	ISHARES TRmsci intl vlu ft	$0	–	-17,489	–	-0.14%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-2,179	–	-0.14%	–
NOW	Exit	SERVICENOW INC	$0	–	-1,000	–	-0.15%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-1,512	–	-0.16%	–
SCHV	Exit	SCHWAB STRATEGIC TRus lcap va etf	$0	–	-6,722	–	-0.16%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-4,000	–	-0.16%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-3,301	–	-0.17%	–
BP	Exit	BP PLCsponsored adr	$0	–	-14,974	–	-0.17%	–
WERN	Exit	WERNER ENTERPRISES INC	$0	–	-11,598	–	-0.17%	–
MKL	Exit	MARKEL CORP	$0	–	-408	–	-0.18%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-2,904	–	-0.19%	–
KO	Exit	COCA COLA CO	$0	–	-8,594	–	-0.19%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-2,370	–	-0.20%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-5,833	–	-0.20%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-9,137	–	-0.20%	–
VGSH	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-9,952	–	-0.23%	–
PFE	Exit	PFIZER INC	$0	–	-14,060	–	-0.25%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-2,481	–	-0.26%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,814	–	-0.28%	–
GEFB	Exit	GREIF INCcl b	$0	–	-11,396	–	-0.28%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-4,314	–	-0.28%	–
FNDF	Exit	SCHWAB STRATEGIC TRschwb fdt int lg	$0	–	-28,554	–	-0.29%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-7,700	–	-0.30%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-2,057	–	-0.30%	–
WMT	Exit	WALMART INC	$0	–	-6,045	–	-0.31%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-8,380	–	-0.32%	–
MCD	Exit	MCDONALDS CORP	$0	–	-3,560	–	-0.33%	–
V	Exit	VISA INC	$0	–	-4,934	–	-0.35%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,214	–	-0.36%	–
ABBV	Exit	ABBVIE INC	$0	–	-6,859	–	-0.37%	–
MMM	Exit	3M CO	$0	–	-8,395	–	-0.37%	–
VUSB	Exit	VANGUARD BD INDEX FDSvanguard ultra	$0	–	-19,316	–	-0.38%	–
PEP	Exit	PEPSICO INC	$0	–	-6,744	–	-0.44%	–
WRB	Exit	BERKLEY W R CORP	$0	–	-19,832	–	-0.51%	–
VBR	Exit	VANGUARD INDEX FDSsm cp val etf	$0	–	-9,238	–	-0.53%	–
	Exit	OPPFI INC	$0	–	-732,599	–	-0.67%	–
AAPL	Exit	APPLE INC	$0	–	-12,676	–	-0.70%	–
SCHX	Exit	SCHWAB STRATEGIC TRus lrg cap etf	$0	–	-42,546	–	-0.72%	–
AMZN	Exit	AMAZON COM INC	$0	–	-16,060	–	-0.72%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-82,521	–	-0.78%	–
	Exit	WARNER BROS DISCOVERY INC	$0	–	-178,092	–	-0.82%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-35,679	–	-0.89%	–
BWB	Exit	BRIDGEWATER BANCSHARES INC	$0	–	-137,150	–	-0.90%	–
C	Exit	CITIGROUP INC	$0	–	-54,602	–	-0.91%	–
JEF	Exit	JEFFERIES FINL GROUP INC	$0	–	-77,640	–	-0.92%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-17,550	–	-0.95%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-53,942	–	-0.97%	–
DFH	Exit	DREAM FINDERS HOMES INC	$0	–	-236,352	–	-1.00%	–
STLA	Exit	STELLANTIS N.V	$0	–	-213,388	–	-1.01%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-24,557	–	-1.03%	–
LSXMK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-70,867	–	-1.07%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-71,850	–	-1.11%	–
LLY	Exit	LILLY ELI & CO	$0	–	-9,166	–	-1.18%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-105,841	–	-1.28%	–
KMX	Exit	CARMAX INC	$0	–	-51,750	–	-1.37%	–
KR	Exit	KROGER CO	$0	–	-80,082	–	-1.40%	–
BATRK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-132,152	–	-1.45%	–
TBBK	Exit	BANCORP INC DEL	$0	–	-170,301	–	-1.50%	–
INTC	Exit	INTEL CORP	$0	–	-147,716	–	-1.52%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-95,383	–	-1.53%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-46,370	–	-1.56%	–
FOX	Exit	FOX CORP	$0	–	-139,508	–	-1.59%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-7,913	–	-1.60%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-42,788	–	-1.63%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-117,866	–	-1.72%	–
LBTYK	Exit	LIBERTY GLOBAL PLC	$0	–	-262,834	–	-1.73%	–
VDE	Exit	VANGUARD WORLD FDSenergy etf	$0	–	-43,878	–	-1.78%	–
NVR	Exit	NVR INC	$0	–	-1,197	–	-1.91%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-30,556	–	-2.00%	–
BOMN	Exit	BOSTON OMAHA CORP	$0	–	-220,656	–	-2.03%	–
CASH	Exit	PATHWARD FINANCIAL INC	$0	–	-164,038	–	-2.16%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-150,393	–	-2.20%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-24,524	–	-2.28%	–
CWGL	Exit	CRIMSON WINE GROUP	$0	–	-964,367	–	-2.45%	–
FWONA	Exit	LIBERTY MEDIA CORP DEL	$0	–	-134,577	–	-2.82%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-104,718	–	-3.01%	–
SCHB	Exit	SCHWAB STRATEGIC TRus brd mkt etf	$0	–	-243,720	–	-4.09%	–
SCHF	Exit	SCHWAB STRATEGIC TRintl eqty etf	$0	–	-468,135	–	-5.26%	–
FNDE	Exit	SCHWAB STRATEGIC TRschwb fdt emk lg	$0	–	-712,684	–	-6.68%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-118,121	–	-12.61%	–

Q3 2022

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$31,541,000	+1.9%	118,121	+3.3%	12.61%	+5.0%
FNDE	Sell	SCHWAB STRATEGIC TRschwb fdt emk lg	$16,705,000	-9.9%	712,684	-0.6%	6.68%	-7.1%
SCHF	Buy	SCHWAB STRATEGIC TRintl eqty etf	$13,169,000	-9.3%	468,135	+0.8%	5.26%	-6.6%
SCHB	Sell	SCHWAB STRATEGIC TRus brd mkt etf	$10,234,000	-13.5%	243,720	-9.5%	4.09%	-10.9%
SCHW	Buy	SCHWAB CHARLES CORP	$7,526,000	+27.9%	104,718	+11.6%	3.01%	+31.9%
FWONA	Buy	LIBERTY MEDIA CORP DEL	$7,068,000	-7.9%	134,577	+1.0%	2.82%	-5.1%
CWGL	Buy	CRIMSON WINE GROUP	$6,124,000	-8.7%	964,367	+1.3%	2.45%	-5.9%
MSFT	Buy	MICROSOFT CORP	$5,712,000	+9.6%	24,524	+20.4%	2.28%	+13.0%
AMLP	Sell	ALPS ETF TRalerian mlp	$5,498,000	+2.0%	150,393	-4.0%	2.20%	+5.2%
CASH	Buy	PATHWARD FINANCIAL INC	$5,407,000	+5.6%	164,038	+24.4%	2.16%	+8.9%
BOMN	Sell	BOSTON OMAHA CORP	$5,084,000	+13.4%	220,656	-0.2%	2.03%	+16.9%
JNJ	Buy	JOHNSON & JOHNSON	$4,992,000	-4.8%	30,556	+3.1%	2.00%	-1.9%
NVR	Buy	NVR INC	$4,773,000	+1.5%	1,197	+2.0%	1.91%	+4.7%
VDE	Buy	VANGUARD WORLD FDSenergy etf	$4,457,000	+4.7%	43,878	+2.2%	1.78%	+7.9%
LBTYK	Sell	LIBERTY GLOBAL PLC	$4,337,000	-26.8%	262,834	-0.9%	1.73%	-24.6%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$4,301,000	-7.6%	117,866	+5.1%	1.72%	-4.7%
CVS	Sell	CVS HEALTH CORP	$4,081,000	-2.3%	42,788	-5.4%	1.63%	+0.7%
UNH	Buy	UNITEDHEALTH GROUP INC	$3,996,000	+18.6%	7,913	+20.3%	1.60%	+22.3%
FOX	Buy	FOX CORP	$3,976,000	-1.1%	139,508	+3.0%	1.59%	+1.9%
SBUX	Buy	STARBUCKS CORP	$3,907,000	+17.2%	46,370	+5.6%	1.56%	+20.8%
WFC	Buy	WELLS FARGO CO NEW	$3,836,000	+3.3%	95,383	+0.2%	1.53%	+6.5%
INTC	Buy	INTEL CORP	$3,807,000	-29.4%	147,716	+2.2%	1.52%	-27.2%
TBBK	Buy	BANCORP INC DEL	$3,743,000	+12.6%	170,301	+0.2%	1.50%	+16.1%
BATRK	Sell	LIBERTY MEDIA CORP DEL	$3,634,000	+13.9%	132,152	-1.2%	1.45%	+17.4%
KR	Buy	KROGER CO	$3,504,000	-7.1%	80,082	+0.5%	1.40%	-4.3%
KMX	Buy	CARMAX INC	$3,417,000	-25.4%	51,750	+2.1%	1.37%	-23.1%
BAC	Buy	BK OF AMERICA CORP	$3,196,000	+7.8%	105,841	+10.6%	1.28%	+11.1%
BK	Buy	BANK NEW YORK MELLON CORP	$2,768,000	-5.0%	71,850	+2.4%	1.11%	-2.1%
LSXMK	Buy	LIBERTY MEDIA CORP DEL	$2,672,000	+7.1%	70,867	+2.2%	1.07%	+10.4%
JPM	Buy	JPMORGAN CHASE & CO	$2,566,000	+8.7%	24,557	+16.4%	1.03%	+12.1%
STLA	Buy	STELLANTIS N.V	$2,527,000	+0.1%	213,388	+4.3%	1.01%	+3.2%
DFH	Buy	DREAM FINDERS HOMES INC	$2,505,000	+12.1%	236,352	+11.2%	1.00%	+15.6%
BUD	Buy	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$2,436,000	-10.2%	53,942	+6.6%	0.97%	-7.4%
AXP	Buy	AMERICAN EXPRESS CO	$2,368,000	-0.9%	17,550	+0.9%	0.95%	+2.0%
JEF	Buy	JEFFERIES FINL GROUP INC	$2,290,000	+8.3%	77,640	+0.9%	0.92%	+11.6%
C	Buy	CITIGROUP INC	$2,275,000	+5.0%	54,602	+15.6%	0.91%	+8.2%
BWB	Sell	BRIDGEWATER BANCSHARES INC	$2,259,000	-7.0%	137,150	-9.1%	0.90%	-4.1%
IWR	Sell	ISHARES TRrus mid cap etf	$2,217,000	-4.7%	35,679	-1.3%	0.89%	-1.8%
	Buy	WARNER BROS DISCOVERY INC	$2,048,000	-12.0%	178,092	+2.3%	0.82%	-9.2%
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$1,962,000	+2.9%	82,521	+4.7%	0.78%	+6.1%
AMZN	Buy	AMAZON COM INC	$1,815,000	+50.1%	16,060	+40.1%	0.72%	+54.6%
SCHX	Sell	SCHWAB STRATEGIC TRus lrg cap etf	$1,802,000	-8.8%	42,546	-4.4%	0.72%	-6.0%
AAPL	Buy	APPLE INC	$1,752,000	+357.4%	12,676	+348.9%	0.70%	+369.8%
	Buy	OPPFI INC	$1,685,000	-25.0%	732,599	+5.1%	0.67%	-22.7%
VBR	Buy	VANGUARD INDEX FDSsm cp val etf	$1,325,000	+2.1%	9,238	+6.1%	0.53%	+5.4%
WRB	Buy	BERKLEY W R CORP	$1,281,000	-4.5%	19,832	+0.1%	0.51%	-1.5%
PEP	Buy	PEPSICO INC	$1,101,000	+16.8%	6,744	+18.5%	0.44%	+20.2%
VUSB	Sell	VANGUARD BD INDEX FDSvanguard ultra	$946,000	-13.8%	19,316	-13.4%	0.38%	-11.3%
MMM	Buy	3M CO	$928,000	-0.4%	8,395	+16.1%	0.37%	+2.8%
ABBV	Buy	ABBVIE INC	$920,000	+5.5%	6,859	+20.1%	0.37%	+8.9%
HD	Buy	HOME DEPOT INC	$887,000	+63.1%	3,214	+61.4%	0.36%	+68.2%
V	Buy	VISA INC	$876,000	+26.0%	4,934	+38.9%	0.35%	+29.6%
MCD	Buy	MCDONALDS CORP	$821,000	+7.7%	3,560	+14.7%	0.33%	+10.8%
GOOG	Buy	ALPHABET INCcap stk cl c	$806,000	+26.7%	8,380	+2769.9%	0.32%	+30.4%
WMT	Buy	WALMART INC	$784,000	+8.0%	6,045	+1.2%	0.31%	+11.0%
IVV	Buy	ISHARES TRcore s&p500 etf	$747,000	-3.1%	2,057	+1.6%	0.30%	0.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$737,000	+174.0%	7,700	+6109.7%	0.30%	+183.7%
FNDF	Buy	SCHWAB STRATEGIC TRschwb fdt int lg	$718,000	+7.3%	28,554	+20.3%	0.29%	+10.8%
IWM	Sell	ISHARES TRrussell 2000 etf	$711,000	-2.9%	4,314	-0.8%	0.28%	0.0%
CVX	Buy	CHEVRON CORP NEW	$692,000	+36.5%	4,814	+36.8%	0.28%	+40.6%
GEFB	Sell	GREIF INCcl b	$693,000	-7.2%	11,396	-5.4%	0.28%	-4.5%
DHR	Buy	DANAHER CORPORATION	$641,000	+84.7%	2,481	+80.6%	0.26%	+89.6%
PFE	Buy	PFIZER INC	$615,000	+7.1%	14,060	+28.1%	0.25%	+10.3%
VGSH	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$575,000	-1.7%	9,952	+0.3%	0.23%	+1.3%
EFA	Sell	ISHARES TRmsci eafe etf	$512,000	-13.5%	9,137	-4.1%	0.20%	-10.9%
XOM	Buy	EXXON MOBIL CORP	$509,000	+5.8%	5,833	+2.9%	0.20%	+8.6%
IWO	Sell	ISHARES TRrus 2000 grw etf	$490,000	+0.6%	2,370	-0.3%	0.20%	+3.7%
KO	Buy	COCA COLA CO	$481,000	-8.6%	8,594	+1.1%	0.19%	-5.9%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$469,000	+86.1%	2,904	+108.5%	0.19%	+90.8%
MKL	Buy	MARKEL CORP	$442,000	+9.1%	408	+29.5%	0.18%	+12.7%
WERN	Buy	WERNER ENTERPRISES INC	$436,000	-1.4%	11,598	+0.3%	0.17%	+1.8%
BP	Buy	BP PLCsponsored adr	$427,000	+2.2%	14,974	+1.0%	0.17%	+5.6%
PG	Sell	PROCTER AND GAMBLE CO	$417,000	-13.3%	3,301	-1.8%	0.17%	-10.7%
MPC	New	MARATHON PETE CORP	$397,000	–	4,000	–	0.16%	–
SCHV	Buy	SCHWAB STRATEGIC TRus lcap va etf	$393,000	+3.7%	6,722	+10.5%	0.16%	+6.8%
ACN	Buy	ACCENTURE PLC IRELAND	$389,000	+61.4%	1,512	+72.8%	0.16%	+66.7%
NOW	New	SERVICENOW INC	$378,000	–	1,000	–	0.15%	–
HON	Buy	HONEYWELL INTL INC	$364,000	+40.0%	2,179	+44.3%	0.14%	+43.6%
IVLU	Buy	ISHARES TRmsci intl vlu ft	$345,000	+18.6%	17,489	+32.8%	0.14%	+22.1%
NOC	Buy	NORTHROP GRUMMAN CORP	$344,000	+68.6%	732	+70.6%	0.14%	+73.4%
SYY	Sell	SYSCO CORP	$337,000	-20.3%	4,759	-5.4%	0.14%	-17.7%
EL	Buy	LAUDER ESTEE COS INCcl a	$339,000	-12.4%	1,572	+2.7%	0.14%	-10.0%
CNC	New	CENTENE CORP DEL	$336,000	–	4,323	–	0.13%	–
SPGI	Sell	S&P GLOBAL INC	$331,000	-9.3%	1,083	-0.2%	0.13%	-7.0%
FL	Sell	FOOT LOCKER INC	$313,000	+21.8%	10,061	-0.5%	0.12%	+25.0%
CAT	Buy	CATERPILLAR INC	$307,000	+98.1%	1,870	+115.7%	0.12%	+105.0%
MDU	Buy	MDU RES GROUP INC	$285,000	+31.9%	10,421	+0.5%	0.11%	+35.7%
INN	Buy	SUMMIT HOTEL PPTYS INC	$258,000	-6.9%	38,409	+0.5%	0.10%	-3.7%
UNP	New	UNION PAC CORP	$252,000	–	1,295	–	0.10%	–
NEE	Buy	NEXTERA ENERGY INC	$245,000	+2.1%	3,121	+0.5%	0.10%	+5.4%
ABT	Buy	ABBOTT LABS	$243,000	+49.1%	2,508	+66.9%	0.10%	+54.0%
AMT	New	AMERICAN TOWER CORP NEW	$233,000	–	1,085	–	0.09%	–
MRK	Sell	MERCK & CO INC	$229,000	-93.8%	2,662	-93.4%	0.09%	-93.6%
XLF	Buy	SELECT SECTOR SPDR TRfinancial	$222,000	-3.1%	7,328	+0.1%	0.09%	0.0%
MA	New	MASTERCARD INCORPORATEDcl a	$215,000	–	755	–	0.09%	–
LMT	Buy	LOCKHEED MARTIN CORP	$214,000	-8.5%	554	+0.7%	0.09%	-5.5%
LPLA	New	LPL FINL HLDGS INC	$209,000	–	958	–	0.08%	–
NVDA	Buy	NVIDIA CORPORATION	$208,000	-9.2%	1,717	+13.4%	0.08%	-6.7%
CB	New	CHUBB LIMITED	$204,000	–	1,119	–	0.08%	–
ICE	Sell	INTERCONTINENTAL EXCHANGE IN	$197,000	-3.4%	2,184	-0.1%	0.08%	0.0%
RTX	Buy	RAYTHEON TECHNOLOGIES CORP	$180,000	-13.5%	2,195	+0.5%	0.07%	-11.1%
COST	Buy	COSTCO WHSL CORP NEW	$171,000	-0.6%	362	+0.3%	0.07%	+1.5%
PFF	Sell	ISHARES TRpfd and incm sec	$157,000	-6.5%	4,964	-2.9%	0.06%	-3.1%
ECL	Sell	ECOLAB INC	$144,000	-6.5%	999	-1.0%	0.06%	-3.3%
NEM	Buy	NEWMONT CORP	$140,000	-28.6%	3,334	+1.3%	0.06%	-26.3%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$121,000	-43.2%	339	-40.4%	0.05%	-42.2%
VNQ	Sell	VANGUARD INDEX FDSreal estate etf	$96,000	-52.7%	1,202	-46.1%	0.04%	-51.9%
	New	BENSON HILL INC	$44,000	–	16,011	–	0.02%	–
	Sell	BOXED INC	$9,000	-70.0%	9,900	-39.4%	0.00%	-66.7%
MSGE	Exit	MADISON SQUARE GRDN ENTERTNMcl a	$0	–	-7,080	–	-0.14%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-5,068	–	-0.22%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-20,041	–	-0.30%	–
QRTEA	Exit	QURATE RETAIL INC	$0	–	-301,142	–	-0.33%	–
MSGS	Exit	MADISON SQUARE GRDN SPRT CORcl a	$0	–	-7,096	–	-0.41%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-23,376	–	-0.46%	–

Q2 2022

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$30,958,000	–	114,302	–	12.00%	–
FNDE	New	SCHWAB STRATEGIC TRschwb fdt emk lg	$18,531,000	–	717,344	–	7.19%	–
SCHF	New	SCHWAB STRATEGIC TRintl eqty etf	$14,527,000	–	464,520	–	5.63%	–
SCHB	New	SCHWAB STRATEGIC TRus brd mkt etf	$11,834,000	–	269,211	–	4.59%	–
FWONA	New	LIBERTY MEDIA CORP DEL	$7,677,000	–	133,253	–	2.98%	–
CWGL	New	CRIMSON WINE GROUP	$6,709,000	–	952,134	–	2.60%	–
LBTYK	New	LIBERTY GLOBAL PLC	$5,928,000	–	265,159	–	2.30%	–
SCHW	New	SCHWAB CHARLES CORP	$5,883,000	–	93,803	–	2.28%	–
INTC	New	INTEL CORP	$5,395,000	–	144,592	–	2.09%	–
AMLP	New	ALPS ETF TRalerian mlp	$5,388,000	–	156,693	–	2.09%	–
JNJ	New	JOHNSON & JOHNSON	$5,246,000	–	29,626	–	2.03%	–
MSFT	New	MICROSOFT CORP	$5,211,000	–	20,377	–	2.02%	–
CASH	New	META FINL GROUP INC	$5,119,000	–	131,895	–	1.98%	–
NVR	New	NVR INC	$4,701,000	–	1,174	–	1.82%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$4,653,000	–	112,149	–	1.80%	–
KMX	New	CARMAX INC	$4,582,000	–	50,697	–	1.78%	–
BOMN	New	BOSTON OMAHA CORP	$4,483,000	–	220,989	–	1.74%	–
VDE	New	VANGUARD WORLD FDSenergy etf	$4,256,000	–	42,940	–	1.65%	–
CVS	New	CVS HEALTH CORP	$4,176,000	–	45,218	–	1.62%	–
FOX	New	FOX CORP	$4,020,000	–	135,438	–	1.56%	–
KR	New	KROGER CO	$3,773,000	–	79,664	–	1.46%	–
WFC	New	WELLS FARGO CO NEW	$3,714,000	–	95,152	–	1.44%	–
MRK	New	MERCK & CO INC	$3,695,000	–	40,406	–	1.43%	–
UNH	New	UNITEDHEALTH GROUP INC	$3,369,000	–	6,577	–	1.31%	–
SBUX	New	STARBUCKS CORP	$3,335,000	–	43,929	–	1.29%	–
TBBK	New	BANCORP INC DEL	$3,324,000	–	170,017	–	1.29%	–
BATRK	New	LIBERTY MEDIA CORP DEL	$3,190,000	–	133,691	–	1.24%	–
LLY	New	LILLY ELI & CO	$2,972,000	–	9,166	–	1.15%	–
BAC	New	BK OF AMERICA CORP	$2,964,000	–	95,668	–	1.15%	–
BK	New	BANK NEW YORK MELLON CORP	$2,913,000	–	70,175	–	1.13%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$2,714,000	–	50,598	–	1.05%	–
STLA	New	STELLANTIS N.V	$2,525,000	–	204,640	–	0.98%	–
LSXMK	New	LIBERTY MEDIA CORP DEL	$2,494,000	–	69,316	–	0.97%	–
BWB	New	BRIDGEWATER BANCSHARES INC	$2,429,000	–	150,946	–	0.94%	–
AXP	New	AMERICAN EXPRESS CO	$2,390,000	–	17,386	–	0.93%	–
JPM	New	JPMORGAN CHASE & CO	$2,360,000	–	21,103	–	0.92%	–
IWR	New	ISHARES TRrus mid cap etf	$2,326,000	–	36,131	–	0.90%	–
	New	WARNER BROS DISCOVERY INC	$2,327,000	–	174,042	–	0.90%	–
	New	OPPFI INC	$2,246,000	–	696,980	–	0.87%	–
DFH	New	DREAM FINDERS HOMES INC	$2,234,000	–	212,487	–	0.87%	–
C	New	CITIGROUP INC	$2,166,000	–	47,252	–	0.84%	–
JEF	New	JEFFERIES FINL GROUP INC	$2,115,000	–	76,920	–	0.82%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$1,976,000	–	44,485	–	0.77%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$1,906,000	–	78,792	–	0.74%	–
WRB	New	BERKLEY W R CORP	$1,341,000	–	19,810	–	0.52%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$1,298,000	–	8,703	–	0.50%	–
AMZN	New	AMAZON COM INC	$1,209,000	–	11,460	–	0.47%	–
VZ	New	VERIZON COMMUNICATIONS INC	$1,184,000	–	23,376	–	0.46%	–
VUSB	New	VANGUARD BD INDEX FDSvanguard ultra	$1,098,000	–	22,311	–	0.43%	–
MSGS	New	MADISON SQUARE GRDN SPRT CORcl a	$1,064,000	–	7,096	–	0.41%	–
PEP	New	PEPSICO INC	$943,000	–	5,689	–	0.37%	–
MMM	New	3M CO	$932,000	–	7,233	–	0.36%	–
ABBV	New	ABBVIE INC	$872,000	–	5,710	–	0.34%	–
QRTEA	New	QURATE RETAIL INC	$860,000	–	301,142	–	0.33%	–
IVV	New	ISHARES TRcore s&p500 etf	$771,000	–	2,024	–	0.30%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$766,000	–	20,041	–	0.30%	–
MCD	New	MCDONALDS CORP	$762,000	–	3,103	–	0.30%	–
GEFB	New	GREIF INCcl b	$747,000	–	12,048	–	0.29%	–
IWM	New	ISHARES TRrussell 2000 etf	$732,000	–	4,347	–	0.28%	–
WMT	New	WALMART INC	$726,000	–	5,973	–	0.28%	–
V	New	VISA INC	$695,000	–	3,553	–	0.27%	–
FNDF	New	SCHWAB STRATEGIC TRschwb fdt int lg	$669,000	–	23,743	–	0.26%	–
GOOG	New	ALPHABET INCcap stk cl c	$636,000	–	292	–	0.25%	–
EFA	New	ISHARES TRmsci eafe etf	$592,000	–	9,527	–	0.23%	–
VGSH	New	VANGUARD SCOTTSDALE FDSshort term treas	$585,000	–	9,924	–	0.23%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$576,000	–	5,068	–	0.22%	–
PFE	New	PFIZER INC	$574,000	–	10,976	–	0.22%	–
HD	New	HOME DEPOT INC	$544,000	–	1,991	–	0.21%	–
KO	New	COCA COLA CO	$526,000	–	8,499	–	0.20%	–
CVX	New	CHEVRON CORP NEW	$507,000	–	3,518	–	0.20%	–
IWO	New	ISHARES TRrus 2000 grw etf	$487,000	–	2,378	–	0.19%	–
PG	New	PROCTER AND GAMBLE CO	$481,000	–	3,362	–	0.19%	–
XOM	New	EXXON MOBIL CORP	$481,000	–	5,666	–	0.19%	–
WERN	New	WERNER ENTERPRISES INC	$442,000	–	11,561	–	0.17%	–
SYY	New	SYSCO CORP	$423,000	–	5,031	–	0.16%	–
BP	New	BP PLCsponsored adr	$418,000	–	14,823	–	0.16%	–
MKL	New	MARKEL CORP	$405,000	–	315	–	0.16%	–
EL	New	LAUDER ESTEE COS INCcl a	$387,000	–	1,530	–	0.15%	–
AAPL	New	APPLE INC	$383,000	–	2,824	–	0.15%	–
SCHV	New	SCHWAB STRATEGIC TRus lcap va etf	$379,000	–	6,085	–	0.15%	–
MSGE	New	MADISON SQUARE GRDN ENTERTNMcl a	$368,000	–	7,080	–	0.14%	–
SPGI	New	S&P GLOBAL INC	$365,000	–	1,085	–	0.14%	–
DHR	New	DANAHER CORPORATION	$347,000	–	1,374	–	0.14%	–
MNST	New	MONSTER BEVERAGE CORP NEW	$307,000	–	3,330	–	0.12%	–
INTU	New	INTUIT	$308,000	–	806	–	0.12%	–
IVLU	New	ISHARES TRmsci intl vlu ft	$291,000	–	13,170	–	0.11%	–
INN	New	SUMMIT HOTEL PPTYS INC	$277,000	–	38,211	–	0.11%	–
GOOGL	New	ALPHABET INCcap stk cl a	$269,000	–	124	–	0.10%	–
BKNG	New	BOOKING HOLDINGS INC	$262,000	–	150	–	0.10%	–
HON	New	HONEYWELL INTL INC	$260,000	–	1,510	–	0.10%	–
FL	New	FOOT LOCKER INC	$257,000	–	10,111	–	0.10%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$252,000	–	1,393	–	0.10%	–
NEE	New	NEXTERA ENERGY INC	$240,000	–	3,106	–	0.09%	–
ACN	New	ACCENTURE PLC IRELAND	$241,000	–	875	–	0.09%	–
LMT	New	LOCKHEED MARTIN CORP	$234,000	–	550	–	0.09%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$229,000	–	7,323	–	0.09%	–
NVDA	New	NVIDIA CORPORATION	$229,000	–	1,514	–	0.09%	–
MDU	New	MDU RES GROUP INC	$216,000	–	10,364	–	0.08%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$213,000	–	569	–	0.08%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$208,000	–	2,183	–	0.08%	–
GRBK	New	GREEN BRICK PARTNERS INC	$210,000	–	10,800	–	0.08%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$204,000	–	2,186	–	0.08%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$203,000	–	2,231	–	0.08%	–
NOC	New	NORTHROP GRUMMAN CORP	$204,000	–	429	–	0.08%	–
NEM	New	NEWMONT CORP	$196,000	–	3,290	–	0.08%	–
AVGO	New	BROADCOM INC	$182,000	–	375	–	0.07%	–
COST	New	COSTCO WHSL CORP NEW	$172,000	–	361	–	0.07%	–
PFF	New	ISHARES TRpfd and incm sec	$168,000	–	5,112	–	0.06%	–
ABT	New	ABBOTT LABS	$163,000	–	1,503	–	0.06%	–
CAT	New	CATERPILLAR INC	$155,000	–	867	–	0.06%	–
ECL	New	ECOLAB INC	$154,000	–	1,009	–	0.06%	–
ARWR	New	ARROWHEAD PHARMACEUTICALS IN	$139,000	–	4,000	–	0.05%	–
	New	BOXED INC	$30,000	–	16,325	–	0.01%	–
	New	SKY HARBOUR GROUP CORPORATIO*w exp 10/21/202	$29,000	–	66,780	–	0.01%	–
LCTX	New	LINEAGE CELL THERAPEUTICS IN	$24,000	–	15,000	–	0.01%	–
	New	SAB BIOTHERAPEUTICS INC	$18,000	–	13,296	–	0.01%	–
NGD	New	NEW GOLD INC CDA	$13,000	–	12,000	–	0.01%	–

Q4 2021

			Value		Shares		↓ Weighting
NGD	Exit	NEW GOLD INC CDA	$0	–	-12,000	–	-0.00%	–
LCTX	Exit	LINEAGE CELL THERAPEUTICS IN	$0	–	-15,000	–	-0.01%	–
UEC	Exit	URANIUM ENERGY CORP	$0	–	-16,000	–	-0.02%	–
GLD	Exit	SPDR GOLD TR	$0	–	-896	–	-0.05%	–
NEM	Exit	NEWMONT CORP	$0	–	-3,211	–	-0.06%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-539	–	-0.06%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-2,020	–	-0.07%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,086	–	-0.07%	–
ECL	Exit	ECOLAB INC	$0	–	-1,002	–	-0.07%	–
FL	Exit	FOOT LOCKER INC	$0	–	-4,800	–	-0.08%	–
GRBK	Exit	GREEN BRICK PARTNERS INC	$0	–	-10,800	–	-0.08%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-1,111	–	-0.08%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-3,059	–	-0.08%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,168	–	-0.09%	–
ARWR	Exit	ARROWHEAD PHARMACEUTICALS IN	$0	–	-4,000	–	-0.09%	–
XLF	Exit	SELECT SECTOR SPDR TRfinancial	$0	–	-7,227	–	-0.09%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-7,096	–	-0.10%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-875	–	-0.10%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-1,583	–	-0.10%	–
MNST	Exit	MONSTER BEVERAGE CORP NEW	$0	–	-3,330	–	-0.10%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-10,211	–	-0.10%	–
SCHV	Exit	SCHWAB STRATEGIC TRus lcap va etf	$0	–	-4,637	–	-0.11%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-1,514	–	-0.11%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,487	–	-0.11%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-124	–	-0.12%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-150	–	-0.12%	–
INN	Exit	SUMMIT HOTEL PPTYS INC	$0	–	-38,211	–	-0.13%	–
AAPL	Exit	APPLE INC	$0	–	-2,654	–	-0.13%	–
SYY	Exit	SYSCO CORP	$0	–	-4,944	–	-0.13%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,088	–	-0.14%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-7,199	–	-0.15%	–
INTU	Exit	INTUIT	$0	–	-803	–	-0.15%	–
KO	Exit	COCA COLA CO	$0	–	-8,383	–	-0.15%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-1,520	–	-0.16%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,079	–	-0.16%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-3,320	–	-0.16%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-1,545	–	-0.16%	–
PFE	Exit	PFIZER INC	$0	–	-11,204	–	-0.17%	–
WERN	Exit	WERNER ENTERPRISES INC	$0	–	-11,470	–	-0.18%	–
MSGE	Exit	MADISON SQUARE GRDN ENTERTNMcl a	$0	–	-7,051	–	-0.18%	–
BP	Exit	BP PLCsponsored adr	$0	–	-20,929	–	-0.20%	–
VGSH	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-9,564	–	-0.20%	–
ABBV	Exit	ABBVIE INC	$0	–	-5,581	–	-0.21%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-2,368	–	-0.24%	–
HD	Exit	HOME DEPOT INC	$0	–	-2,141	–	-0.24%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-9,119	–	-0.24%	–
MCD	Exit	MCDONALDS CORP	$0	–	-3,064	–	-0.26%	–
WRB	Exit	BERKLEY W R CORP	$0	–	-10,224	–	-0.26%	–
FNDF	Exit	SCHWAB STRATEGIC TRschwb fdt int lg	$0	–	-23,182	–	-0.26%	–
GEFB	Exit	GREIF INCcl b	$0	–	-11,759	–	-0.26%	–
WMT	Exit	WALMART INC	$0	–	-5,483	–	-0.26%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-292	–	-0.27%	–
V	Exit	VISA INC	$0	–	-3,534	–	-0.27%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-1,901	–	-0.28%	–
PEP	Exit	PEPSICO INC	$0	–	-5,579	–	-0.29%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-4,299	–	-0.32%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-17,798	–	-0.33%	–
MMM	Exit	3M CO	$0	–	-7,084	–	-0.43%	–
VBR	Exit	VANGUARD INDEX FDSsm cp val etf	$0	–	-7,820	–	-0.46%	–
MSGS	Exit	MADISON SQUARE GRDN SPRT CORcl a	$0	–	-7,153	–	-0.46%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-65,582	–	-0.49%	–
VUSB	Exit	VANGUARD BD INDEX FDSvanguard ultra	$0	–	-30,301	–	-0.52%	–
AMZN	Exit	AMAZON COM INC	$0	–	-561	–	-0.64%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-39,843	–	-0.65%	–
LLY	Exit	LILLY ELI & CO	$0	–	-9,166	–	-0.73%	–
QRTEA	Exit	QURATE RETAIL INC	$0	–	-223,428	–	-0.79%	–
SCHX	Exit	SCHWAB STRATEGIC TRus lrg cap etf	$0	–	-22,674	–	-0.81%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-6,668	–	-0.90%	–
BATRK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-100,261	–	-0.91%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-35,679	–	-0.96%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-17,290	–	-1.00%	–
C	Exit	CITIGROUP INC	$0	–	-41,435	–	-1.00%	–
LSXMK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-63,469	–	-1.04%	–
VDE	Exit	VANGUARD WORLD FDSenergy etf	$0	–	-41,968	–	-1.07%	–
KR	Exit	KROGER CO	$0	–	-77,433	–	-1.08%	–
MRK	Exit	MERCK & CO INC	$0	–	-42,723	–	-1.11%	–
BWB	Exit	BRIDGEWATER BANCSHARES INC	$0	–	-185,246	–	-1.12%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-20,370	–	-1.15%	–
DISCK	Exit	DISCOVERY INC	$0	–	-140,526	–	-1.18%	–
	Exit	OPPFI INC	$0	–	-441,258	–	-1.20%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-67,179	–	-1.20%	–
STLA	Exit	STELLANTIS N.V	$0	–	-193,031	–	-1.27%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-44,421	–	-1.30%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-90,728	–	-1.33%	–
INTC	Exit	INTEL CORP	$0	–	-72,636	–	-1.34%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-75,919	–	-1.48%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-40,105	–	-1.53%	–
FOX	Exit	FOX CORP	$0	–	-124,456	–	-1.60%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-93,862	–	-1.62%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-29,476	–	-1.64%	–
TBBK	Exit	BANCORP INC DEL	$0	–	-188,809	–	-1.66%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-146,171	–	-1.68%	–
NVR	Exit	NVR INC	$0	–	-1,149	–	-1.90%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-20,844	–	-2.03%	–
FWONA	Exit	LIBERTY MEDIA CORP DEL	$0	–	-128,899	–	-2.09%	–
JEF	Exit	JEFFERIES FINL GROUP INC	$0	–	-171,487	–	-2.20%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-91,166	–	-2.30%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-157,714	–	-2.53%	–
LBTYK	Exit	LIBERTY GLOBAL PLC	$0	–	-254,903	–	-2.59%	–
BOMN	Exit	BOSTON OMAHA CORP	$0	–	-196,159	–	-2.63%	–
CWGL	Exit	CRIMSON WINE GROUP	$0	–	-909,791	–	-2.70%	–
CASH	Exit	META FINL GROUP INC	$0	–	-153,037	–	-2.77%	–
SCHF	Exit	SCHWAB STRATEGIC TRintl eqty etf	$0	–	-410,772	–	-5.49%	–
SCHB	Exit	SCHWAB STRATEGIC TRus brd mkt etf	$0	–	-200,903	–	-7.20%	–
FNDE	Exit	SCHWAB STRATEGIC TRschwb fdt emk lg	$0	–	-655,882	–	-7.30%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-109,305	–	-10.30%	–

Q3 2021

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$29,849,000	-1.5%	109,305	+0.2%	10.30%	-1.2%
FNDE	Sell	SCHWAB STRATEGIC TRschwb fdt emk lg	$21,137,000	-1.0%	655,882	-0.9%	7.30%	-0.6%
SCHB	Sell	SCHWAB STRATEGIC TRus brd mkt etf	$20,872,000	-4.4%	200,903	-4.0%	7.20%	-4.0%
SCHF	Buy	SCHWAB STRATEGIC TRintl eqty etf	$15,898,000	-1.5%	410,772	+0.4%	5.49%	-1.2%
CASH	Sell	META FINL GROUP INC	$8,031,000	-3.2%	153,037	-6.6%	2.77%	-2.9%
CWGL	Sell	CRIMSON WINE GROUP	$7,815,000	-9.1%	909,791	-3.2%	2.70%	-8.7%
BOMN	Sell	BOSTON OMAHA CORP	$7,608,000	+20.0%	196,159	-1.9%	2.63%	+20.3%
LBTYK	Buy	LIBERTY GLOBAL PLC	$7,511,000	+10.9%	254,903	+1.7%	2.59%	+11.2%
WFC	Sell	WELLS FARGO CO NEW	$7,322,000	-5.1%	157,714	-7.4%	2.53%	-4.7%
SCHW	Sell	SCHWAB CHARLES CORP	$6,647,000	-1.4%	91,166	-1.5%	2.30%	-1.0%
JEF	Sell	JEFFERIES FINL GROUP INC	$6,370,000	+3.2%	171,487	-5.0%	2.20%	+3.5%
FWONA	Buy	LIBERTY MEDIA CORP DEL	$6,063,000	+11.3%	128,899	+0.9%	2.09%	+11.7%
MSFT	Buy	MICROSOFT CORP	$5,878,000	+4.8%	20,844	+0.7%	2.03%	+5.2%
NVR	Sell	NVR INC	$5,513,000	-5.2%	1,149	-1.7%	1.90%	-4.8%
AMLP	Sell	ALPS ETF TRalerian mlp	$4,872,000	-10.4%	146,171	-2.1%	1.68%	-10.1%
TBBK	Sell	BANCORP INC DEL	$4,806,000	+9.8%	188,809	-0.7%	1.66%	+10.2%
JNJ	Buy	JOHNSON & JOHNSON	$4,764,000	-1.0%	29,476	+0.9%	1.64%	-0.6%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$4,693,000	-2.8%	93,862	+5.5%	1.62%	-2.5%
FOX	Buy	FOX CORP	$4,620,000	+5.8%	124,456	+0.4%	1.60%	+6.2%
SBUX	Sell	STARBUCKS CORP	$4,427,000	-6.1%	40,105	-4.9%	1.53%	-5.9%
BUD	Sell	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,284,000	-29.3%	75,919	-9.8%	1.48%	-29.0%
INTC	Buy	INTEL CORP	$3,870,000	-1.6%	72,636	+3.7%	1.34%	-1.2%
BAC	Sell	BK OF AMERICA CORP	$3,853,000	+2.5%	90,728	-0.5%	1.33%	+2.9%
CVS	Buy	CVS HEALTH CORP	$3,772,000	+1.9%	44,421	+0.2%	1.30%	+2.3%
STLA	Sell	STELLANTIS N.V	$3,688,000	-3.9%	193,031	-0.9%	1.27%	-3.6%
BK	Sell	BANK NEW YORK MELLON CORP	$3,485,000	+0.8%	67,179	-0.5%	1.20%	+1.1%
	New	OPPFI INC	$3,469,000	–	441,258	–	1.20%	–
DISCK	Sell	DISCOVERY INC	$3,411,000	-17.9%	140,526	-2.0%	1.18%	-17.7%
JPM	Sell	JPMORGAN CHASE & CO	$3,336,000	+5.0%	20,370	-0.3%	1.15%	+5.4%
BWB	Buy	BRIDGEWATER BANCSHARES INC	$3,244,000	+12.5%	185,246	+3.7%	1.12%	+12.9%
MRK	Sell	MERCK & CO INC	$3,209,000	-5.2%	42,723	-1.8%	1.11%	-4.8%
KR	Sell	KROGER CO	$3,132,000	+4.6%	77,433	-0.9%	1.08%	+5.0%
VDE	Sell	VANGUARD WORLD FDSenergy etf	$3,103,000	-5.3%	41,968	-2.7%	1.07%	-5.0%
LSXMK	Buy	LIBERTY MEDIA CORP DEL	$3,013,000	+3.4%	63,469	+1.0%	1.04%	+3.7%
C	Sell	CITIGROUP INC	$2,909,000	-4.1%	41,435	-3.3%	1.00%	-3.7%
AXP	Sell	AMERICAN EXPRESS CO	$2,898,000	-0.0%	17,290	-1.4%	1.00%	+0.3%
BATRK	Buy	LIBERTY MEDIA CORP DEL	$2,649,000	-1.3%	100,261	+3.7%	0.91%	-1.0%
UNH	Buy	UNITEDHEALTH GROUP INC	$2,607,000	-2.0%	6,668	+0.3%	0.90%	-1.6%
SCHX	Buy	SCHWAB STRATEGIC TRus lrg cap etf	$2,359,000	+0.6%	22,674	+0.5%	0.81%	+0.9%
QRTEA	Buy	QURATE RETAIL INC	$2,278,000	-18.0%	223,428	+5.3%	0.79%	-17.8%
WBA	Buy	WALGREENS BOOTS ALLIANCE INC	$1,878,000	-9.8%	39,843	+0.7%	0.65%	-9.5%
AMZN	Buy	AMAZON COM INC	$1,843,000	-2.8%	561	+1.8%	0.64%	-2.5%
VUSB	Buy	VANGUARD BD INDEX FDSvanguard ultra	$1,519,000	+85.7%	30,301	+85.5%	0.52%	+86.5%
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$1,419,000	-8.3%	65,582	+2.2%	0.49%	-8.1%
MSGS	Sell	MADISON SQUARE GRDN SPRT CORcl a	$1,331,000	+6.4%	7,153	-1.3%	0.46%	+6.7%
VBR	Buy	VANGUARD INDEX FDSsm cp val etf	$1,324,000	+2.4%	7,820	+5.0%	0.46%	+2.7%
MMM	Buy	3M CO	$1,244,000	-11.1%	7,084	+0.6%	0.43%	-10.8%
VZ	Sell	VERIZON COMMUNICATIONS INC	$961,000	-8.8%	17,798	-5.4%	0.33%	-8.5%
PEP	Buy	PEPSICO INC	$839,000	+2.8%	5,579	+1.3%	0.29%	+3.2%
IVV	Buy	ISHARES TRcore s&p500 etf	$827,000	+2.0%	1,901	+0.7%	0.28%	+2.2%
V	Buy	VISA INC	$787,000	-4.6%	3,534	+0.1%	0.27%	-4.2%
WMT	Sell	WALMART INC	$764,000	-2.2%	5,483	-1.0%	0.26%	-1.9%
FNDF	Buy	SCHWAB STRATEGIC TRschwb fdt int lg	$761,000	-0.4%	23,182	+1.0%	0.26%	0.0%
GEFB	Buy	GREIF INCcl b	$762,000	+10.0%	11,759	+0.0%	0.26%	+10.5%
WRB	Buy	BERKLEY W R CORP	$748,000	-1.6%	10,224	+0.2%	0.26%	-1.1%
MCD	Buy	MCDONALDS CORP	$739,000	+5.4%	3,064	+0.9%	0.26%	+5.8%
HD	Buy	HOME DEPOT INC	$703,000	+15.6%	2,141	+12.3%	0.24%	+16.3%
IWO	Sell	ISHARES TRrus 2000 grw etf	$695,000	-48.9%	2,368	-45.8%	0.24%	-48.7%
ABBV	Buy	ABBVIE INC	$602,000	-2.6%	5,581	+1.7%	0.21%	-2.3%
VGSH	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$587,000	+18.6%	9,564	+18.7%	0.20%	+19.4%
BP	Sell	BP PLCsponsored adr	$572,000	-18.9%	20,929	-21.5%	0.20%	-18.9%
MSGE	Buy	MADISON SQUARE GRDN ENTERTNMcl a	$512,000	-13.4%	7,051	+0.3%	0.18%	-12.8%
WERN	Buy	WERNER ENTERPRISES INC	$508,000	-0.2%	11,470	+0.3%	0.18%	0.0%
PFE	Buy	PFIZER INC	$482,000	+13.7%	11,204	+3.6%	0.17%	+13.7%
PG	Buy	PROCTER AND GAMBLE CO	$465,000	+5.2%	3,320	+1.3%	0.16%	+5.9%
SPGI	Buy	S&P GLOBAL INC	$458,000	+3.6%	1,079	+0.2%	0.16%	+3.9%
EL	Buy	LAUDER ESTEE COS INCcl a	$456,000	-5.6%	1,520	+0.1%	0.16%	-5.4%
KO	Buy	COCA COLA CO	$440,000	-0.7%	8,383	+2.3%	0.15%	0.0%
INTU	Buy	INTUIT	$433,000	+10.2%	803	+0.1%	0.15%	+10.4%
XOM	Buy	EXXON MOBIL CORP	$423,000	-6.0%	7,199	+1.0%	0.15%	-5.8%
CVX	Buy	CHEVRON CORP NEW	$415,000	+17.2%	4,088	+20.8%	0.14%	+17.2%
SYY	Buy	SYSCO CORP	$388,000	+1.6%	4,944	+0.6%	0.13%	+2.3%
AAPL	Buy	APPLE INC	$376,000	+5.6%	2,654	+2.0%	0.13%	+6.6%
HON	Buy	HONEYWELL INTL INC	$316,000	-2.8%	1,487	+0.4%	0.11%	-2.7%
SCHV	Buy	SCHWAB STRATEGIC TRus lcap va etf	$313,000	+7.9%	4,637	+9.3%	0.11%	+8.0%
NVDA	Buy	NVIDIA CORPORATION	$314,000	-15.6%	1,514	+225.6%	0.11%	-15.6%
MDU	Buy	MDU RES GROUP INC	$304,000	-4.7%	10,211	+0.4%	0.10%	-4.5%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$288,000	-12.2%	1,583	+0.3%	0.10%	-12.4%
PFF	Sell	ISHARES TRpfd and incm sec	$276,000	-14.8%	7,096	-13.8%	0.10%	-14.4%
XLF	Buy	SELECT SECTOR SPDR TRfinancial	$271,000	+2.7%	7,227	+0.4%	0.09%	+3.3%
ICE	Buy	INTERCONTINENTAL EXCHANGE IN	$249,000	-3.1%	2,168	+0.3%	0.09%	-2.3%
NEE	Buy	NEXTERA ENERGY INC	$240,000	+7.6%	3,059	+0.5%	0.08%	+7.8%
ITW	New	ILLINOIS TOOL WKS INC	$230,000	–	1,111	–	0.08%	–
FL	New	FOOT LOCKER INC	$219,000	–	4,800	–	0.08%	–
CAT	Buy	CATERPILLAR INC	$209,000	+12.4%	1,086	+27.2%	0.07%	+12.5%
ECL	Buy	ECOLAB INC	$209,000	+1.5%	1,002	+0.3%	0.07%	+1.4%
VNQ	Sell	VANGUARD INDEX FDSreal estate etf	$206,000	-61.0%	2,020	-61.1%	0.07%	-61.0%
LMT	Sell	LOCKHEED MARTIN CORP	$186,000	-15.8%	539	-7.9%	0.06%	-15.8%
NEM	Buy	NEWMONT CORP	$174,000	-13.4%	3,211	+1.0%	0.06%	-13.0%
GLD	Sell	SPDR GOLD TR	$145,000	-45.1%	896	-43.9%	0.05%	-45.1%
VEA	Exit	VANGUARD TAX-MANAGED INTL FDftse dev mkt etf	$0	–	-3,992	–	-0.07%	–

Q2 2021

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$30,312,000	–	109,067	–	10.43%	–
SCHB	New	SCHWAB STRATEGIC TRus brd mkt etf	$21,826,000	–	209,323	–	7.51%	–
FNDE	New	SCHWAB STRATEGIC TRschwb fdt emk lg	$21,341,000	–	661,729	–	7.34%	–
SCHF	New	SCHWAB STRATEGIC TRintl eqty etf	$16,142,000	–	409,165	–	5.55%	–
CWGL	New	CRIMSON WINE GROUP	$8,593,000	–	940,197	–	2.96%	–
CASH	New	META FINL GROUP INC	$8,295,000	–	163,833	–	2.85%	–
WFC	New	WELLS FARGO CO NEW	$7,712,000	–	170,289	–	2.65%	–
LBTYK	New	LIBERTY GLOBAL PLC	$6,775,000	–	250,556	–	2.33%	–
SCHW	New	SCHWAB CHARLES CORP	$6,738,000	–	92,536	–	2.32%	–
BOMN	New	BOSTON OMAHA CORP	$6,341,000	–	199,978	–	2.18%	–
JEF	New	JEFFERIES FINL GROUP INC	$6,175,000	–	180,553	–	2.12%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$6,058,000	–	84,126	–	2.08%	–
NVR	New	NVR INC	$5,814,000	–	1,169	–	2.00%	–
MSFT	New	MICROSOFT CORP	$5,608,000	–	20,702	–	1.93%	–
FWONA	New	LIBERTY MEDIA CORP DEL	$5,447,000	–	127,781	–	1.87%	–
AMLP	New	ALPS ETF TRalerian mlp	$5,435,000	–	149,259	–	1.87%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$4,830,000	–	88,933	–	1.66%	–
JNJ	New	JOHNSON & JOHNSON	$4,810,000	–	29,200	–	1.66%	–
SBUX	New	STARBUCKS CORP	$4,716,000	–	42,176	–	1.62%	–
TBBK	New	BANCORP INC DEL	$4,376,000	–	190,190	–	1.51%	–
FOX	New	FOX CORP	$4,366,000	–	124,021	–	1.50%	–
DISCK	New	DISCOVERY INC	$4,156,000	–	143,412	–	1.43%	–
INTC	New	INTEL CORP	$3,931,000	–	70,021	–	1.35%	–
STLA	New	STELLANTIS N.V	$3,839,000	–	194,789	–	1.32%	–
BAC	New	BK OF AMERICA CORP	$3,758,000	–	91,146	–	1.29%	–
CVS	New	CVS HEALTH CORP	$3,700,000	–	44,340	–	1.27%	–
BK	New	BANK NEW YORK MELLON CORP	$3,459,000	–	67,514	–	1.19%	–
MRK	New	MERCK & CO INC	$3,384,000	–	43,514	–	1.16%	–
VDE	New	VANGUARD WORLD FDSenergy etf	$3,275,000	–	43,150	–	1.13%	–
JPM	New	JPMORGAN CHASE & CO	$3,178,000	–	20,434	–	1.09%	–
C	New	CITIGROUP INC	$3,032,000	–	42,860	–	1.04%	–
KR	New	KROGER CO	$2,993,000	–	78,130	–	1.03%	–
LSXMK	New	LIBERTY MEDIA CORP DEL	$2,914,000	–	62,822	–	1.00%	–
AXP	New	AMERICAN EXPRESS CO	$2,899,000	–	17,544	–	1.00%	–
BWB	New	BRIDGEWATER BANCSHARES INC	$2,884,000	–	178,597	–	0.99%	–
IWR	New	ISHARES TRrus mid cap etf	$2,827,000	–	35,679	–	0.97%	–
QRTEA	New	QURATE RETAIL INC	$2,778,000	–	212,196	–	0.96%	–
BATRK	New	LIBERTY MEDIA CORP DEL	$2,684,000	–	96,667	–	0.92%	–
UNH	New	UNITEDHEALTH GROUP INC	$2,661,000	–	6,646	–	0.92%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$2,346,000	–	22,563	–	0.81%	–
LLY	New	LILLY ELI & CO	$2,104,000	–	9,166	–	0.72%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$2,082,000	–	39,579	–	0.72%	–
AMZN	New	AMAZON COM INC	$1,896,000	–	551	–	0.65%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$1,548,000	–	64,170	–	0.53%	–
MMM	New	3M CO	$1,399,000	–	7,044	–	0.48%	–
IWO	New	ISHARES TRrus 2000 grw etf	$1,361,000	–	4,368	–	0.47%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$1,293,000	–	7,447	–	0.44%	–
MSGS	New	MADISON SQUARE GRDN SPRT CORcl a	$1,251,000	–	7,247	–	0.43%	–
VZ	New	VERIZON COMMUNICATIONS INC	$1,054,000	–	18,817	–	0.36%	–
IWM	New	ISHARES TRrussell 2000 etf	$986,000	–	4,299	–	0.34%	–
V	New	VISA INC	$825,000	–	3,529	–	0.28%	–
PEP	New	PEPSICO INC	$816,000	–	5,508	–	0.28%	–
VUSB	New	VANGUARD BD INDEX FDSvanguard ultra	$818,000	–	16,333	–	0.28%	–
IVV	New	ISHARES TRcore s&p500 etf	$811,000	–	1,887	–	0.28%	–
WMT	New	WALMART INC	$781,000	–	5,540	–	0.27%	–
FNDF	New	SCHWAB STRATEGIC TRschwb fdt int lg	$764,000	–	22,949	–	0.26%	–
WRB	New	BERKLEY W R CORP	$760,000	–	10,207	–	0.26%	–
GOOG	New	ALPHABET INCcap stk cl c	$732,000	–	292	–	0.25%	–
EFA	New	ISHARES TRmsci eafe etf	$719,000	–	9,119	–	0.25%	–
BP	New	BP PLCsponsored adr	$705,000	–	26,667	–	0.24%	–
MCD	New	MCDONALDS CORP	$701,000	–	3,037	–	0.24%	–
GEFB	New	GREIF INCcl b	$693,000	–	11,754	–	0.24%	–
ABBV	New	ABBVIE INC	$618,000	–	5,490	–	0.21%	–
HD	New	HOME DEPOT INC	$608,000	–	1,906	–	0.21%	–
MSGE	New	MADISON SQUARE GRDN ENTERTNMcl a	$591,000	–	7,033	–	0.20%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$528,000	–	5,187	–	0.18%	–
WERN	New	WERNER ENTERPRISES INC	$509,000	–	11,439	–	0.18%	–
VGSH	New	VANGUARD SCOTTSDALE FDSshort term treas	$495,000	–	8,057	–	0.17%	–
EL	New	LAUDER ESTEE COS INCcl a	$483,000	–	1,518	–	0.17%	–
XOM	New	EXXON MOBIL CORP	$450,000	–	7,130	–	0.16%	–
KO	New	COCA COLA CO	$443,000	–	8,195	–	0.15%	–
SPGI	New	S&P GLOBAL INC	$442,000	–	1,077	–	0.15%	–
PG	New	PROCTER AND GAMBLE CO	$442,000	–	3,278	–	0.15%	–
PFE	New	PFIZER INC	$424,000	–	10,819	–	0.15%	–
DHR	New	DANAHER CORPORATION	$415,000	–	1,545	–	0.14%	–
INTU	New	INTUIT	$393,000	–	802	–	0.14%	–
SYY	New	SYSCO CORP	$382,000	–	4,913	–	0.13%	–
NVDA	New	NVIDIA CORPORATION	$372,000	–	465	–	0.13%	–
INN	New	SUMMIT HOTEL PPTYS INC	$357,000	–	38,211	–	0.12%	–
CVX	New	CHEVRON CORP NEW	$354,000	–	3,384	–	0.12%	–
AAPL	New	APPLE INC	$356,000	–	2,602	–	0.12%	–
ARWR	New	ARROWHEAD PHARMACEUTICALS IN	$331,000	–	4,000	–	0.11%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$328,000	–	1,578	–	0.11%	–
BKNG	New	BOOKING HOLDINGS INC	$328,000	–	150	–	0.11%	–
HON	New	HONEYWELL INTL INC	$325,000	–	1,481	–	0.11%	–
PFF	New	ISHARES TRpfd and incm sec	$324,000	–	8,236	–	0.11%	–
MDU	New	MDU RES GROUP INC	$319,000	–	10,166	–	0.11%	–
MNST	New	MONSTER BEVERAGE CORP NEW	$304,000	–	3,330	–	0.10%	–
GOOGL	New	ALPHABET INCcap stk cl a	$303,000	–	124	–	0.10%	–
SCHV	New	SCHWAB STRATEGIC TRus lcap va etf	$290,000	–	4,243	–	0.10%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$264,000	–	7,198	–	0.09%	–
GLD	New	SPDR GOLD TR	$264,000	–	1,596	–	0.09%	–
ACN	New	ACCENTURE PLC IRELAND	$258,000	–	875	–	0.09%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$257,000	–	2,162	–	0.09%	–
GRBK	New	GREEN BRICK PARTNERS INC	$246,000	–	10,800	–	0.08%	–
NEE	New	NEXTERA ENERGY INC	$223,000	–	3,045	–	0.08%	–
LMT	New	LOCKHEED MARTIN CORP	$221,000	–	585	–	0.08%	–
ECL	New	ECOLAB INC	$206,000	–	999	–	0.07%	–
VEA	New	VANGUARD TAX-MANAGED INTL FDftse dev mkt etf	$206,000	–	3,992	–	0.07%	–
NEM	New	NEWMONT CORP	$201,000	–	3,178	–	0.07%	–
CAT	New	CATERPILLAR INC	$186,000	–	854	–	0.06%	–
LCTX	New	LINEAGE CELL THERAPEUTICS IN	$43,000	–	15,000	–	0.02%	–
UEC	New	URANIUM ENERGY CORP	$43,000	–	16,000	–	0.02%	–
NGD	New	NEW GOLD INC CDA	$22,000	–	12,000	–	0.01%	–

Q4 2020

			Value		Shares		↓ Weighting
UEC	Exit	URANIUM ENERGY CORP	$0	–	-11,200	–	-0.01%	–
LCTX	Exit	LINEAGE CELL THERAPEUTICS IN	$0	–	-15,000	–	-0.01%	–
NGD	Exit	NEW GOLD INC CDA	$0	–	-12,000	–	-0.01%	–
TRVN	Exit	TREVENA INC	$0	–	-10,000	–	-0.02%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-7,105	–	-0.09%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-117	–	-0.09%	–
GRBK	Exit	GREEN BRICK PARTNERS INC	$0	–	-10,800	–	-0.10%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-473	–	-0.10%	–
NEM	Exit	NEWMONT CORP	$0	–	-3,103	–	-0.11%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-875	–	-0.11%	–
ECL	Exit	ECOLAB INC	$0	–	-995	–	-0.11%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-750	–	-0.11%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-2,956	–	-0.12%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,150	–	-0.12%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-1,040	–	-0.12%	–
TBBK	Exit	BANCORP INC DEL	$0	–	-25,068	–	-0.12%	–
INN	Exit	SUMMIT HOTEL PPTYS INC	$0	–	-46,418	–	-0.13%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,462	–	-0.13%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-11,062	–	-0.14%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-475	–	-0.14%	–
ARWR	Exit	ARROWHEAD PHARMACEUTICALS IN	$0	–	-6,000	–	-0.14%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-150	–	-0.14%	–
BFO	Exit	BLACKROCK FLA MUN 2020 TERM	$0	–	-17,619	–	-0.14%	–
INTU	Exit	INTUIT	$0	–	-800	–	-0.14%	–
MNST	Exit	MONSTER BEVERAGE CORP NEW	$0	–	-3,330	–	-0.15%	–
GLD	Exit	SPDR GOLD TR	$0	–	-1,490	–	-0.15%	–
KO	Exit	COCA COLA CO	$0	–	-5,417	–	-0.15%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-4,760	–	-0.15%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-8,317	–	-0.16%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-8,113	–	-0.16%	–
PFE	Exit	PFIZER INC	$0	–	-8,366	–	-0.17%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-1,470	–	-0.18%	–
SYY	Exit	SYSCO CORP	$0	–	-5,288	–	-0.18%	–
FNDF	Exit	SCHWAB STRATEGIC TRschwb fdt int lg	$0	–	-14,645	–	-0.20%	–
BP	Exit	BP PLCsponsored adr	$0	–	-20,745	–	-0.20%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,070	–	-0.21%	–
ABBV	Exit	ABBVIE INC	$0	–	-4,753	–	-0.23%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-292	–	-0.24%	–
VBR	Exit	VANGUARD INDEX FDSsm cp val etf	$0	–	-3,955	–	-0.24%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-3,237	–	-0.25%	–
GEFB	Exit	GREIF INCcl b	$0	–	-11,832	–	-0.26%	–
WERN	Exit	WERNER ENTERPRISES INC	$0	–	-11,524	–	-0.26%	–
MSGE	Exit	MADISON SQUARE GRDN ENTERTNMcl a	$0	–	-7,119	–	-0.27%	–
VGSH	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-8,239	–	-0.28%	–
HD	Exit	HOME DEPOT INC	$0	–	-1,875	–	-0.28%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-7,196	–	-0.31%	–
MCD	Exit	MCDONALDS CORP	$0	–	-2,692	–	-0.32%	–
MRK	Exit	MERCK & CO. INC	$0	–	-7,445	–	-0.34%	–
WRB	Exit	BERKLEY W R CORP	$0	–	-10,172	–	-0.34%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-10,612	–	-0.34%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-4,272	–	-0.35%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-1,930	–	-0.36%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-10,641	–	-0.37%	–
V	Exit	VISA INC	$0	–	-3,452	–	-0.38%	–
WMT	Exit	WALMART INC	$0	–	-5,648	–	-0.43%	–
PEP	Exit	PEPSICO INC	$0	–	-5,862	–	-0.44%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-4,358	–	-0.53%	–
MSGS	Exit	MADISON SQUARE GRDN SPRT CORcl a	$0	–	-7,331	–	-0.60%	–
AMZN	Exit	AMAZON COM INC	$0	–	-429	–	-0.74%	–
LLY	Exit	LILLY ELI & CO	$0	–	-9,166	–	-0.74%	–
VDE	Exit	VANGUARD WORLD FDSenergy etf	$0	–	-36,579	–	-0.81%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-44,283	–	-0.87%	–
BWB	Exit	BRIDGEWATER BANCSHARES INC	$0	–	-177,597	–	-0.92%	–
SCHX	Exit	SCHWAB STRATEGIC TRus lrg cap etf	$0	–	-23,894	–	-1.06%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-35,396	–	-1.11%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-6,583	–	-1.13%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-67,409	–	-1.27%	–
AXTA	Exit	AXALTA COATING SYS LTD	$0	–	-104,494	–	-1.28%	–
BOMN	Exit	BOSTON OMAHA CORP	$0	–	-148,043	–	-1.30%	–
FCAU	Exit	FIAT CHRYSLER AUTOMOBILES N	$0	–	-197,957	–	-1.33%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-12,317	–	-1.36%	–
MMM	Exit	3M CO	$0	–	-15,978	–	-1.40%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-134,393	–	-1.47%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-114,772	–	-1.51%	–
C	Exit	CITIGROUP INC	$0	–	-67,434	–	-1.59%	–
INTC	Exit	INTEL CORP	$0	–	-59,447	–	-1.68%	–
NVR	Exit	NVR INC	$0	–	-782	–	-1.75%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-74,540	–	-1.77%	–
CWGL	Exit	CRIMSON WINE GROUP	$0	–	-721,091	–	-1.95%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-43,438	–	-2.05%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-169,048	–	-2.17%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-41,614	–	-2.20%	–
AAPL	Exit	APPLE INC	$0	–	-35,280	–	-2.24%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-27,628	–	-2.25%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-20,737	–	-2.39%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-82,153	–	-2.43%	–
JEF	Exit	JEFFERIES FINL GROUP INC	$0	–	-248,236	–	-2.46%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-44,913	–	-2.46%	–
CASH	Exit	META FINL GROUP INC	$0	–	-240,881	–	-2.57%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-157,251	–	-3.13%	–
SCHF	Exit	SCHWAB STRATEGIC TRintl eqty etf	$0	–	-358,037	–	-6.16%	–
FNDE	Exit	SCHWAB STRATEGIC TRschwb fdt emk lg	$0	–	-606,091	–	-7.88%	–
SCHB	Exit	SCHWAB STRATEGIC TRus brd mkt etf	$0	–	-210,775	–	-9.20%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-98,349	–	-11.46%	–

Q3 2020

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$20,930,000	+21.3%	98,349	+0.6%	11.46%	+14.2%
SCHB	Sell	SCHWAB STRATEGIC TRus brd mkt etf	$16,810,000	+9.4%	210,775	-0.3%	9.20%	+3.0%
FNDE	Buy	SCHWAB STRATEGIC TRschwb fdt emk lg	$14,396,000	+3.9%	606,091	+0.6%	7.88%	-2.2%
SCHF	Buy	SCHWAB STRATEGIC TRintl eqty etf	$11,248,000	+8.3%	358,037	+1.1%	6.16%	+2.0%
SCHW	Sell	SCHWAB CHARLES CORP	$5,718,000	+9.6%	157,251	-0.1%	3.13%	+3.2%
CASH	Buy	META FINL GROUP INC	$4,695,000	+10.5%	240,881	+2.6%	2.57%	+4.1%
AXP	Sell	AMERICAN EXPRESS CO	$4,497,000	+2.6%	44,913	-2.0%	2.46%	-3.4%
JEF	Buy	JEFFERIES FINL GROUP INC	$4,488,000	+22.1%	248,236	+2.9%	2.46%	+14.9%
BUD	Sell	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,432,000	+5.9%	82,153	-0.3%	2.43%	-0.3%
MSFT	Sell	MICROSOFT CORP	$4,370,000	+3.9%	20,737	-1.1%	2.39%	-2.2%
JNJ	Sell	JOHNSON & JOHNSON	$4,105,000	+8.9%	27,628	-0.2%	2.25%	+2.6%
AAPL	Buy	APPLE INC	$4,089,000	+23.1%	35,280	+290.5%	2.24%	+16.0%
JPM	Sell	JPMORGAN CHASE & CO	$4,015,000	+3.6%	41,614	-1.8%	2.20%	-2.4%
WFC	Buy	WELLS FARGO CO NEW	$3,968,000	-6.2%	169,048	+0.2%	2.17%	-11.7%
SBUX	Sell	STARBUCKS CORP	$3,739,000	+19.8%	43,438	-0.2%	2.05%	+12.8%
CWGL	Buy	CRIMSON WINE GROUP	$3,569,000	-8.2%	721,091	+1.0%	1.95%	-13.5%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$3,228,000	+12.2%	74,540	+1.0%	1.77%	+5.6%
NVR	Sell	NVR INC	$3,193,000	+28.4%	782	-0.3%	1.75%	+20.9%
INTC	Buy	INTEL CORP	$3,068,000	-10.6%	59,447	+0.0%	1.68%	-15.7%
C	Sell	CITIGROUP INC	$2,907,000	-15.3%	67,434	-0.3%	1.59%	-20.2%
BAC	Buy	BK OF AMERICA CORP	$2,765,000	+2.6%	114,772	+0.2%	1.51%	-3.4%
AMLP	New	ALPS ETF TRalerian mlp	$2,687,000	–	134,393	–	1.47%	–
MMM	Buy	3M CO	$2,561,000	+5.0%	15,978	+0.0%	1.40%	-1.1%
GS	Sell	GOLDMAN SACHS GROUP INC	$2,475,000	+2.7%	12,317	-0.5%	1.36%	-3.4%
FCAU	Sell	FIAT CHRYSLER AUTOMOBILES N	$2,425,000	+17.7%	197,957	-4.1%	1.33%	+10.9%
BOMN	Sell	BOSTON OMAHA CORP	$2,371,000	-10.9%	148,043	-0.1%	1.30%	-16.1%
AXTA	Sell	AXALTA COATING SYS LTD	$2,332,000	-0.3%	104,494	-0.7%	1.28%	-6.1%
BK	Sell	BANK NEW YORK MELLON CORP	$2,317,000	-9.0%	67,409	-0.3%	1.27%	-14.3%
UNH	Buy	UNITEDHEALTH GROUP INC	$2,057,000	+5.8%	6,583	+0.1%	1.13%	-0.4%
SCHX	Buy	SCHWAB STRATEGIC TRus lrg cap etf	$1,927,000	+9.1%	23,894	+0.3%	1.06%	+2.7%
BWB	Buy	BRIDGEWATER BANCSHARES INC	$1,685,000	+171.8%	177,597	+193.4%	0.92%	+156.4%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$1,593,000	-12.8%	44,283	-0.2%	0.87%	-17.9%
VDE	Sell	VANGUARD WORLD FDSenergy etf	$1,473,000	-25.7%	36,579	-9.3%	0.81%	-29.9%
AMZN	Buy	AMAZON COM INC	$1,351,000	+16.9%	429	+2.4%	0.74%	+10.1%
MSGS	Sell	MADISON SQUARE GRDN SPRT CORcl a	$1,103,000	+3.0%	7,331	-1.7%	0.60%	-3.0%
PEP	Buy	PEPSICO INC	$812,000	+4.8%	5,862	+0.0%	0.44%	-1.3%
WMT	Buy	WALMART INC	$790,000	+16.9%	5,648	+0.1%	0.43%	+10.2%
EFA	Buy	ISHARES TRmsci eafe etf	$677,000	+5.5%	10,641	+0.8%	0.37%	-0.5%
IVV	Buy	ISHARES TRcore s&p500 etf	$648,000	+11.3%	1,930	+2.7%	0.36%	+5.0%
VZ	Sell	VERIZON COMMUNICATIONS INC	$631,000	+24.0%	10,612	-0.8%	0.34%	+16.6%
WRB	Sell	BERKLEY W R CORP	$622,000	-7.7%	10,172	-13.6%	0.34%	-13.0%
MCD	Sell	MCDONALDS CORP	$591,000	+26.3%	2,692	-0.4%	0.32%	+19.1%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$568,000	+0.7%	7,196	+0.2%	0.31%	-5.2%
VGSH	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$512,000	+9.4%	8,239	+9.6%	0.28%	+2.9%
MSGE	Sell	MADISON SQUARE GRDN ENTERTNMcl a	$488,000	-8.1%	7,119	-2.4%	0.27%	-13.6%
WERN	Buy	WERNER ENTERPRISES INC	$484,000	-3.6%	11,524	+0.1%	0.26%	-9.2%
GEFB	Sell	GREIF INCcl b	$467,000	-6.6%	11,832	-1.0%	0.26%	-12.0%
VBR	Buy	VANGUARD INDEX FDSsm cp val etf	$438,000	+15.9%	3,955	+11.8%	0.24%	+9.1%
BP	Buy	BP PLCsponsored adr	$362,000	-26.1%	20,745	+11.7%	0.20%	-30.5%
FNDF	Buy	SCHWAB STRATEGIC TRschwb fdt int lg	$360,000	+5.6%	14,645	+2.0%	0.20%	-0.5%
SYY	Buy	SYSCO CORP	$329,000	+24.2%	5,288	+0.2%	0.18%	+16.9%
PFF	Sell	ISHARES TRpfd and incm sec	$296,000	+20.3%	8,113	-0.6%	0.16%	+13.3%
XOM	Buy	EXXON MOBIL CORP	$286,000	-22.7%	8,317	+0.9%	0.16%	-27.0%
CVS	Sell	CVS HEALTH CORP	$282,000	-18.0%	4,760	-1.3%	0.15%	-23.0%
GLD	Sell	SPDR GOLD TR	$267,000	+53.4%	1,490	-2.0%	0.15%	+44.6%
KO	Buy	COCA COLA CO	$267,000	+14.6%	5,417	+0.0%	0.15%	+8.1%
NVDA	Buy	NVIDIA CORPORATION	$257,000	+49.4%	475	+5.1%	0.14%	+41.0%
TBBK	Buy	BANCORP INC DEL	$225,000	+14.2%	25,068	+24.8%	0.12%	+7.0%
CVX	Buy	CHEVRON CORP NEW	$213,000	-19.0%	2,956	+0.1%	0.12%	-23.5%
NEM	Buy	NEWMONT CORP	$197,000	+3.1%	3,103	+0.4%	0.11%	-2.7%
LMT	Buy	LOCKHEED MARTIN CORP	$181,000	+5.2%	473	+0.2%	0.10%	-1.0%
PLM	Exit	POLYMET MNG CORP	$0	–	-18,000	–	-0.00%	–
BE	Exit	BLOOM ENERGY CORP	$0	–	-5,000	–	-0.03%	–
BSV	Exit	VANGUARD BD INDEX FDSshort trm bond	$0	–	-5,599	–	-0.27%	–
BIV	Exit	VANGUARD BD INDEX FDSintermed term	$0	–	-5,266	–	-0.28%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-134,631	–	-2.03%	–

Q2 2020

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$17,259,000	–	97,724	–	10.03%	–
SCHB	New	SCHWAB STRATEGIC TRus brd mkt etf	$15,370,000	–	211,394	–	8.94%	–
FNDE	New	SCHWAB STRATEGIC TRschwb fdt emk lg	$13,861,000	–	602,596	–	8.06%	–
SCHF	New	SCHWAB STRATEGIC TRintl eqty etf	$10,385,000	–	354,312	–	6.04%	–
SCHW	New	SCHWAB CHARLES CORP	$5,216,000	–	157,485	–	3.03%	–
AXP	New	AMERICAN EXPRESS CO	$4,384,000	–	45,814	–	2.55%	–
CASH	New	META FINL GROUP INC	$4,248,000	–	234,742	–	2.47%	–
WFC	New	WELLS FARGO CO NEW	$4,231,000	–	168,680	–	2.46%	–
MSFT	New	MICROSOFT CORP	$4,207,000	–	20,958	–	2.45%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,186,000	–	82,396	–	2.43%	–
CWGL	New	CRIMSON WINE GROUP	$3,886,000	–	714,042	–	2.26%	–
JPM	New	JPMORGAN CHASE & CO	$3,875,000	–	42,369	–	2.25%	–
JNJ	New	JOHNSON & JOHNSON	$3,771,000	–	27,694	–	2.19%	–
JEF	New	JEFFERIES FINL GROUP INC	$3,677,000	–	241,212	–	2.14%	–
AMLP	New	ALPS ETF TRalerian mlp	$3,492,000	–	134,631	–	2.03%	–
C	New	CITIGROUP INC	$3,431,000	–	67,647	–	2.00%	–
INTC	New	INTEL CORP	$3,430,000	–	59,437	–	1.99%	–
AAPL	New	APPLE INC	$3,321,000	–	9,034	–	1.93%	–
SBUX	New	STARBUCKS CORP	$3,122,000	–	43,510	–	1.82%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$2,878,000	–	73,831	–	1.67%	–
BAC	New	BK OF AMERICA CORP	$2,695,000	–	114,544	–	1.57%	–
BOMN	New	BOSTON OMAHA CORP	$2,661,000	–	148,214	–	1.55%	–
BK	New	BANK NEW YORK MELLON CORP	$2,546,000	–	67,625	–	1.48%	–
NVR	New	NVR INC	$2,487,000	–	784	–	1.45%	–
MMM	New	3M CO	$2,439,000	–	15,972	–	1.42%	–
GS	New	GOLDMAN SACHS GROUP INC	$2,411,000	–	12,374	–	1.40%	–
AXTA	New	AXALTA COATING SYS LTD	$2,339,000	–	105,241	–	1.36%	–
FCAU	New	FIAT CHRYSLER AUTOMOBILES N	$2,061,000	–	206,473	–	1.20%	–
VDE	New	VANGUARD WORLD FDSenergy etf	$1,982,000	–	40,335	–	1.15%	–
UNH	New	UNITEDHEALTH GROUP INC	$1,944,000	–	6,579	–	1.13%	–
IWR	New	ISHARES TRrus mid cap etf	$1,897,000	–	35,396	–	1.10%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$1,827,000	–	44,382	–	1.06%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$1,766,000	–	23,829	–	1.03%	–
LLY	New	LILLY ELI & CO	$1,505,000	–	9,166	–	0.88%	–
AMZN	New	AMAZON COM INC	$1,156,000	–	419	–	0.67%	–
MSGS	New	MADISON SQUARE GRDN SPRT CORcl a	$1,071,000	–	7,457	–	0.62%	–
IWO	New	ISHARES TRrus 2000 grw etf	$904,000	–	4,358	–	0.53%	–
PEP	New	PEPSICO INC	$775,000	–	5,861	–	0.45%	–
WMT	New	WALMART INC	$676,000	–	5,645	–	0.39%	–
WRB	New	BERKLEY W R CORP	$674,000	–	11,771	–	0.39%	–
V	New	VISA INC	$667,000	–	3,452	–	0.39%	–
EFA	New	ISHARES TRmsci eafe etf	$642,000	–	10,560	–	0.37%	–
BWB	New	BRIDGEWATER BANCSHARES INC	$620,000	–	60,533	–	0.36%	–
IWM	New	ISHARES TRrussell 2000 etf	$613,000	–	4,272	–	0.36%	–
IVV	New	ISHARES TRcore s&p500 etf	$582,000	–	1,880	–	0.34%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$564,000	–	7,182	–	0.33%	–
MSGE	New	MADISON SQUARE GRDN ENTERTNMcl a	$531,000	–	7,297	–	0.31%	–
MRK	New	MERCK & CO. INC	$511,000	–	7,445	–	0.30%	–
VZ	New	VERIZON COMMUNICATIONS INC	$509,000	–	10,694	–	0.30%	–
WERN	New	WERNER ENTERPRISES INC	$502,000	–	11,509	–	0.29%	–
GEFB	New	GREIF INCcl b	$500,000	–	11,946	–	0.29%	–
BIV	New	VANGUARD BD INDEX FDSintermed term	$491,000	–	5,266	–	0.28%	–
BP	New	BP PLCsponsored adr	$490,000	–	18,578	–	0.28%	–
HD	New	HOME DEPOT INC	$470,000	–	1,875	–	0.27%	–
ABBV	New	ABBVIE INC	$467,000	–	4,753	–	0.27%	–
MCD	New	MCDONALDS CORP	$468,000	–	2,702	–	0.27%	–
VGSH	New	VANGUARD SCOTTSDALE FDSshort term treas	$468,000	–	7,519	–	0.27%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$465,000	–	5,599	–	0.27%	–
GOOG	New	ALPHABET INCcap stk cl c	$413,000	–	292	–	0.24%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$378,000	–	3,537	–	0.22%	–
XOM	New	EXXON MOBIL CORP	$370,000	–	8,239	–	0.22%	–
SPGI	New	S&P GLOBAL INC	$353,000	–	1,070	–	0.20%	–
PG	New	PROCTER AND GAMBLE CO	$345,000	–	3,237	–	0.20%	–
CVS	New	CVS HEALTH CORP	$344,000	–	4,825	–	0.20%	–
FNDF	New	SCHWAB STRATEGIC TRschwb fdt int lg	$341,000	–	14,354	–	0.20%	–
EL	New	LAUDER ESTEE COS INCcl a	$279,000	–	1,470	–	0.16%	–
INN	New	SUMMIT HOTEL PPTYS INC	$275,000	–	46,418	–	0.16%	–
SYY	New	SYSCO CORP	$265,000	–	5,279	–	0.15%	–
CVX	New	CHEVRON CORP NEW	$263,000	–	2,952	–	0.15%	–
BFO	New	BLACKROCK FLA MUN 2020 TERM	$260,000	–	17,619	–	0.15%	–
ARWR	New	ARROWHEAD PHARMACEUTICALS IN	$259,000	–	6,000	–	0.15%	–
PFE	New	PFIZER INC	$251,000	–	8,366	–	0.15%	–
PFF	New	ISHARES TRpfd and incm sec	$246,000	–	8,163	–	0.14%	–
BKNG	New	BOOKING HOLDINGS INC	$239,000	–	150	–	0.14%	–
INTU	New	INTUIT	$237,000	–	800	–	0.14%	–
KO	New	COCA COLA CO	$233,000	–	5,416	–	0.14%	–
MNST	New	MONSTER BEVERAGE CORP NEW	$231,000	–	3,330	–	0.13%	–
HON	New	HONEYWELL INTL INC	$211,000	–	1,462	–	0.12%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$197,000	–	2,150	–	0.12%	–
TBBK	New	BANCORP INC DEL	$197,000	–	20,083	–	0.12%	–
ECL	New	ECOLAB INC	$198,000	–	995	–	0.12%	–
NEM	New	NEWMONT CORP	$191,000	–	3,090	–	0.11%	–
ACN	New	ACCENTURE PLC IRELAND	$188,000	–	875	–	0.11%	–
DHR	New	DANAHER CORPORATION	$184,000	–	1,040	–	0.11%	–
NEE	New	NEXTERA ENERGY INC	$180,000	–	750	–	0.10%	–
GLD	New	SPDR GOLD TR	$174,000	–	1,520	–	0.10%	–
NVDA	New	NVIDIA CORPORATION	$172,000	–	452	–	0.10%	–
LMT	New	LOCKHEED MARTIN CORP	$172,000	–	472	–	0.10%	–
MDU	New	MDU RES GROUP INC	$171,000	–	11,062	–	0.10%	–
GOOGL	New	ALPHABET INCcap stk cl a	$166,000	–	117	–	0.10%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$165,000	–	7,105	–	0.10%	–
GRBK	New	GREEN BRICK PARTNERS INC	$129,000	–	10,800	–	0.08%	–
BE	New	BLOOM ENERGY CORP	$54,000	–	5,000	–	0.03%	–
TRVN	New	TREVENA INC	$15,000	–	10,000	–	0.01%	–
NGD	New	NEW GOLD INC CDA	$16,000	–	12,000	–	0.01%	–
LCTX	New	LINEAGE CELL THERAPEUTICS IN	$13,000	–	15,000	–	0.01%	–
UEC	New	URANIUM ENERGY CORP	$10,000	–	11,200	–	0.01%	–
PLM	New	POLYMET MNG CORP	$7,000	–	18,000	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
TRVN	Exit	TREVENA INC	$0	–	-10,000	–	-0.01%	–
NGD	Exit	NEW GOLD INC CDA	$0	–	-12,000	–	-0.01%	–
BE	Exit	BLOOM ENERGY CORP	$0	–	-10,612	–	-0.02%	–
GRBK	Exit	GREEN BRICK PARTNERS INC	$0	–	-10,800	–	-0.06%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-4,271	–	-0.09%	–
PKX	Exit	POSCOsponsored adr	$0	–	-3,930	–	-0.10%	–
MNST	Exit	MONSTER BEVERAGE CORP NEW	$0	–	-3,330	–	-0.10%	–
ECL	Exit	ECOLAB INC	$0	–	-995	–	-0.10%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-2,150	–	-0.11%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-5,092	–	-0.11%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-1,520	–	-0.11%	–
INTU	Exit	INTUIT	$0	–	-800	–	-0.11%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-23,852	–	-0.12%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-2,270	–	-0.12%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,437	–	-0.13%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-205	–	-0.13%	–
BFO	Exit	BLACKROCK FLA MUN 2020 TERM	$0	–	-17,619	–	-0.14%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,070	–	-0.14%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-1,470	–	-0.16%	–
PFE	Exit	PFIZER INC	$0	–	-8,147	–	-0.16%	–
BKNG	Exit	BOOKING HLDGS INC	$0	–	-150	–	-0.16%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-7,485	–	-0.16%	–
KO	Exit	COCA COLA CO	$0	–	-5,577	–	-0.16%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-11,062	–	-0.17%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-4,523	–	-0.17%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-11,554	–	-0.17%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-5,451	–	-0.18%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-2,942	–	-0.18%	–
ABBV	Exit	ABBVIE INC	$0	–	-4,753	–	-0.19%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-292	–	-0.19%	–
BP	Exit	BP PLCsponsored adr	$0	–	-10,858	–	-0.22%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-3,331	–	-0.22%	–
HD	Exit	HOME DEPOT INC	$0	–	-1,875	–	-0.23%	–
BSV	Exit	VANGUARD BD INDEX FD INCshort trm bond	$0	–	-5,703	–	-0.24%	–
BIV	Exit	VANGUARD BD INDEX FD INCintermed term	$0	–	-5,266	–	-0.25%	–
INN	Exit	SUMMIT HOTEL PPTYS INC	$0	–	-42,877	–	-0.26%	–
SYY	Exit	SYSCO CORP	$0	–	-6,751	–	-0.29%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-8,908	–	-0.31%	–
MKL	Exit	MARKEL CORP	$0	–	-482	–	-0.31%	–
V	Exit	VISA INC	$0	–	-3,415	–	-0.32%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-16,602	–	-0.33%	–
MCD	Exit	MCDONALDS CORP	$0	–	-2,959	–	-0.33%	–
WERN	Exit	WERNER ENTERPRISES INC	$0	–	-17,913	–	-0.34%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-4,318	–	-0.35%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-10,933	–	-0.35%	–
WMT	Exit	WALMART INC	$0	–	-5,593	–	-0.35%	–
AMZN	Exit	AMAZON COM INC	$0	–	-436	–	-0.40%	–
UAL	Exit	UNITED AIRLINES HLDGS INC	$0	–	-8,641	–	-0.41%	–
MRK	Exit	MERCK & CO INC	$0	–	-9,301	–	-0.42%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-8,485	–	-0.42%	–
PEP	Exit	PEPSICO INC	$0	–	-5,866	–	-0.43%	–
WFCPRL	Exit	WELLS FARGO CO NEWperp pfd cnv a	$0	–	-551	–	-0.45%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-4,358	–	-0.45%	–
WRB	Exit	BERKLEY W R CORP	$0	–	-13,720	–	-0.53%	–
LLY	Exit	LILLY ELI & CO	$0	–	-9,166	–	-0.54%	–
AAL	Exit	AMERICAN AIRLS GROUP INC	$0	–	-39,429	–	-0.57%	–
BACPRL	Exit	BANK AMER CORP7.25%cnv pfd l	$0	–	-714	–	-0.57%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-6,548	–	-0.75%	–
AFL	Exit	AFLAC INC	$0	–	-30,923	–	-0.86%	–
DAL	Exit	DELTA AIR LINES INC DEL	$0	–	-30,729	–	-0.94%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-35,396	–	-1.05%	–
GEFB	Exit	GREIF INCcl b	$0	–	-43,604	–	-1.07%	–
SCHX	Exit	SCHWAB STRATEGIC TRus lrg cap etf	$0	–	-28,814	–	-1.08%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-252,551	–	-1.18%	–
GM	Exit	GENERAL MTRS CO	$0	–	-61,753	–	-1.21%	–
BAC	Exit	BANK AMER CORP	$0	–	-88,845	–	-1.37%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-49,289	–	-1.43%	–
MMM	Exit	3M CO	$0	–	-16,843	–	-1.45%	–
CFX	Exit	COLFAX CORP	$0	–	-98,989	–	-1.53%	–
C	Exit	CITIGROUP INC	$0	–	-46,364	–	-1.71%	–
FCAU	Exit	FIAT CHRYSLER AUTOMOBILES N	$0	–	-249,804	–	-1.71%	–
NVR	Exit	NVR INC	$0	–	-898	–	-1.78%	–
JEF	Exit	JEFFERIES FINL GROUP INC	$0	–	-182,311	–	-1.79%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-76,648	–	-1.81%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-17,218	–	-1.88%	–
AXTA	Exit	AXALTA COATING SYS LTD	$0	–	-127,304	–	-2.06%	–
INTC	Exit	INTEL CORP	$0	–	-76,970	–	-2.10%	–
CWGL	Exit	CRIMSON WINE GROUP	$0	–	-545,841	–	-2.10%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-30,803	–	-2.14%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-90,633	–	-2.41%	–
SCHW	Exit	THE CHARLES SCHWAB CORPORATI	$0	–	-118,469	–	-2.41%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-33,027	–	-2.44%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-52,871	–	-2.47%	–
DIS	Exit	DISNEY WALT CO	$0	–	-35,683	–	-2.48%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-40,292	–	-2.54%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-51,545	–	-2.57%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-45,267	–	-2.83%	–
CASH	Exit	META FINL GROUP INC	$0	–	-166,609	–	-2.91%	–
LUV	Exit	SOUTHWEST AIRLS CO	$0	–	-104,256	–	-3.03%	–
AAPL	Exit	APPLE INC	$0	–	-40,263	–	-4.86%	–
SCHF	Exit	SCHWAB STRATEGIC TRintl eqty etf	$0	–	-350,561	–	-5.90%	–
FNDE	Exit	SCHWAB STRATEGIC TRschwb fdt emk lg	$0	–	-459,862	–	-6.68%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-89,067	–	-9.87%	–

Q3 2019

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$18,531,000	+2.6%	89,067	+5.1%	9.87%	+0.1%
FNDE	Buy	SCHWAB STRATEGIC TRschwb fdt emk lg	$12,555,000	+7.0%	459,862	+12.7%	6.68%	+4.4%
SCHF	Buy	SCHWAB STRATEGIC TRintl eqty etf	$11,078,000	+7.2%	350,561	+8.9%	5.90%	+4.6%
AAPL	Buy	APPLE INC	$9,132,000	+15.4%	40,263	+0.7%	4.86%	+12.5%
LUV	Buy	SOUTHWEST AIRLS CO	$5,689,000	+10.1%	104,256	+2.4%	3.03%	+7.4%
CASH	Buy	META FINL GROUP INC	$5,457,000	+18.1%	166,609	+1.2%	2.91%	+15.3%
JPM	Buy	JPMORGAN CHASE & CO	$5,319,000	+7.7%	45,267	+2.5%	2.83%	+5.0%
BUD	Sell	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,835,000	+5.3%	51,545	-0.6%	2.57%	+2.8%
AXP	Buy	AMERICAN EXPRESS CO	$4,767,000	-3.2%	40,292	+1.0%	2.54%	-5.5%
DIS	Sell	DISNEY WALT CO	$4,654,000	-6.7%	35,683	-0.1%	2.48%	-9.0%
SBUX	Buy	STARBUCKS CORP	$4,643,000	+6.0%	52,871	+1.1%	2.47%	+3.4%
MSFT	Buy	MICROSOFT CORP	$4,589,000	+4.6%	33,027	+0.8%	2.44%	+2.0%
WFC	Buy	WELLS FARGO CO NEW	$4,519,000	+9.8%	90,633	+4.2%	2.41%	+7.1%
SCHW	Buy	THE CHARLES SCHWAB CORPORATI	$4,519,000	-0.7%	118,469	+4.6%	2.41%	-3.1%
JNJ	Buy	JOHNSON & JOHNSON	$4,012,000	-5.8%	30,803	+0.7%	2.14%	-8.1%
CWGL	Buy	CRIMSON WINE GROUP	$3,946,000	+4.5%	545,841	+15.6%	2.10%	+1.9%
INTC	Buy	INTEL CORP	$3,943,000	+8.7%	76,970	+1.5%	2.10%	+6.0%
AXTA	Buy	AXALTA COATING SYS LTD	$3,861,000	+2.8%	127,304	+0.9%	2.06%	+0.3%
GS	Buy	GOLDMAN SACHS GROUP INC	$3,526,000	+2.1%	17,218	+2.0%	1.88%	-0.5%
BK	Sell	BANK NEW YORK MELLON CORP	$3,400,000	-2.7%	76,648	-3.1%	1.81%	-5.1%
JEF	Buy	JEFFERIES FINL GROUP INC	$3,366,000	-3.6%	182,311	+0.4%	1.79%	-6.0%
NVR	Sell	NVR INC	$3,334,000	+9.1%	898	-1.0%	1.78%	+6.4%
FCAU	Buy	FIAT CHRYSLER AUTOMOBILES N	$3,216,000	-6.5%	249,804	+0.3%	1.71%	-8.8%
C	Buy	CITIGROUP INC	$3,205,000	+1.1%	46,364	+2.4%	1.71%	-1.4%
CFX	Buy	COLFAX CORP	$2,877,000	+4.2%	98,989	+0.5%	1.53%	+1.7%
MMM	Buy	3M CO	$2,721,000	-5.8%	16,843	+1.1%	1.45%	-8.1%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$2,685,000	-3.2%	49,289	-2.8%	1.43%	-5.5%
BAC	Buy	BANK AMER CORP	$2,570,000	-0.2%	88,845	+0.1%	1.37%	-2.6%
GM	Buy	GENERAL MTRS CO	$2,278,000	-1.9%	61,753	+2.4%	1.21%	-4.3%
GE	Sell	GENERAL ELECTRIC CO	$2,209,000	-22.0%	252,551	-6.4%	1.18%	-23.9%
SCHX	Buy	SCHWAB STRATEGIC TRus lrg cap etf	$2,037,000	+22.9%	28,814	+22.1%	1.08%	+20.0%
GEFB	Sell	GREIF INCcl b	$2,008,000	+3.8%	43,604	-1.6%	1.07%	+1.3%
DAL	Buy	DELTA AIR LINES INC DEL	$1,771,000	+1.8%	30,729	+0.3%	0.94%	-0.6%
AFL	Buy	AFLAC INC	$1,609,000	-2.1%	30,923	+3.2%	0.86%	-4.5%
UNH	Buy	UNITEDHEALTH GROUP INC	$1,401,000	-10.1%	6,548	+2.5%	0.75%	-12.3%
BACPRL	Sell	BANK AMER CORP7.25%cnv pfd l	$1,068,000	+6.6%	714	-2.2%	0.57%	+4.0%
AAL	Buy	AMERICAN AIRLS GROUP INC	$1,065,000	+38.5%	39,429	+67.2%	0.57%	+35.0%
WRB	Sell	BERKLEY W R CORP	$994,000	+9.2%	13,720	-0.6%	0.53%	+6.4%
WFCPRL	Sell	WELLS FARGO CO NEWperp pfd cnv a	$837,000	-7.3%	551	-16.8%	0.45%	-9.5%
PEP	Sell	PEPSICO INC	$804,000	-7.6%	5,866	-11.5%	0.43%	-9.9%
MRK	Buy	MERCK & CO INC	$783,000	+8.0%	9,301	+7.5%	0.42%	+5.3%
UAL	Sell	UNITED AIRLINES HLDGS INC	$768,000	+0.7%	8,641	-0.8%	0.41%	-1.7%
WMT	Sell	WALMART INC	$664,000	+5.7%	5,593	-1.6%	0.35%	+3.2%
VZ	Sell	VERIZON COMMUNICATIONS INC	$659,000	+3.1%	10,933	-2.2%	0.35%	+0.6%
WERN	Buy	WERNER ENTERPRISES INC	$631,000	+13.7%	17,913	+0.2%	0.34%	+10.9%
MCD	Buy	MCDONALDS CORP	$622,000	+8.7%	2,959	+7.4%	0.33%	+6.1%
PFF	Buy	ISHARES TRpfd and incm sec	$621,000	+12.7%	16,602	+11.1%	0.33%	+10.0%
MKL	Sell	MARKEL CORP	$580,000	+6.6%	482	-3.4%	0.31%	+4.0%
SYY	Sell	SYSCO CORP	$537,000	+11.6%	6,751	-0.7%	0.29%	+9.2%
INN	Buy	SUMMIT HOTEL PPTYS INC	$493,000	+1.4%	42,877	+1.1%	0.26%	-1.1%
BIV	New	VANGUARD BD INDEX FD INCintermed term	$463,000	–	5,266	–	0.25%	–
BSV	New	VANGUARD BD INDEX FD INCshort trm bond	$461,000	–	5,703	–	0.24%	–
PG	Buy	PROCTER & GAMBLE CO	$414,000	+26.2%	3,331	+11.4%	0.22%	+22.9%
BP	Buy	BP PLCsponsored adr	$411,000	+2.0%	10,858	+12.4%	0.22%	-0.5%
GOOG	Sell	ALPHABET INCcap stk cl c	$355,000	-24.0%	292	-32.4%	0.19%	-25.9%
CVX	Buy	CHEVRON CORP NEW	$347,000	-5.2%	2,942	+0.1%	0.18%	-7.5%
CVS	Buy	CVS HEALTH CORP	$341,000	+16.4%	5,451	+1.5%	0.18%	+13.8%
XLF	Sell	SELECT SECTOR SPDR TRsbi int-finl	$321,000	-5.0%	11,554	-5.7%	0.17%	-7.1%
XOM	Buy	EXXON MOBIL CORP	$317,000	+30.5%	4,523	+42.6%	0.17%	+27.1%
KO	Sell	COCA COLA CO	$304,000	-64.3%	5,577	-66.6%	0.16%	-65.1%
BFO	New	BLACKROCK FLA MUN 2020 TERM	$255,000	–	17,619	–	0.14%	–
HON	Buy	HONEYWELL INTL INC	$240,000	0.0%	1,437	+4.5%	0.13%	-2.3%
AMLP	Buy	ALPS ETF TRalerian mlp	$218,000	+26.0%	23,852	+35.9%	0.12%	+23.4%
PKX	Sell	POSCOsponsored adr	$184,000	-15.2%	3,930	-3.7%	0.10%	-16.9%
NGD	New	NEW GOLD INC CDA	$12,000	–	12,000	–	0.01%	–
UEC	Exit	URANIUM ENERGY CORP	$0	–	-11,200	–	-0.01%	–
BTX	Exit	BIOTIME INC	$0	–	-15,000	–	-0.01%	–
HSY	Exit	HERSHEY CO	$0	–	-6,350	–	-0.46%	–
L	Exit	LOEWS CORP	$0	–	-22,957	–	-0.68%	–

Q2 2019

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$18,063,000	–	84,735	–	9.86%	–
FNDE	New	SCHWAB STRATEGIC TRschwb fdt emk lg	$11,729,000	–	408,119	–	6.40%	–
SCHF	New	SCHWAB STRATEGIC TRintl eqty etf	$10,332,000	–	321,960	–	5.64%	–
AAPL	New	APPLE INC	$7,916,000	–	39,995	–	4.32%	–
LUV	New	SOUTHWEST AIRLS CO	$5,169,000	–	101,792	–	2.82%	–
DIS	New	DISNEY WALT CO	$4,990,000	–	35,733	–	2.72%	–
JPM	New	JPMORGAN CHASE & CO	$4,940,000	–	44,183	–	2.70%	–
AXP	New	AMERICAN EXPRESS CO	$4,924,000	–	39,892	–	2.69%	–
CASH	New	META FINL GROUP INC	$4,620,000	–	164,710	–	2.52%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,591,000	–	51,871	–	2.50%	–
SCHW	New	THE CHARLES SCHWAB CORPORATI	$4,552,000	–	113,250	–	2.48%	–
MSFT	New	MICROSOFT CORP	$4,389,000	–	32,766	–	2.40%	–
SBUX	New	STARBUCKS CORP	$4,382,000	–	52,270	–	2.39%	–
JNJ	New	JOHNSON & JOHNSON	$4,261,000	–	30,590	–	2.32%	–
WFC	New	WELLS FARGO CO NEW	$4,116,000	–	86,990	–	2.25%	–
CWGL	New	CRIMSON WINE GROUP	$3,777,000	–	472,135	–	2.06%	–
AXTA	New	AXALTA COATING SYS LTD	$3,757,000	–	126,198	–	2.05%	–
INTC	New	INTEL CORP	$3,629,000	–	75,802	–	1.98%	–
BK	New	BANK NEW YORK MELLON CORP	$3,494,000	–	79,137	–	1.91%	–
JEF	New	JEFFERIES FINL GROUP INC	$3,493,000	–	181,622	–	1.91%	–
GS	New	GOLDMAN SACHS GROUP INC	$3,455,000	–	16,886	–	1.89%	–
FCAU	New	FIAT CHRYSLER AUTOMOBILES N	$3,441,000	–	248,967	–	1.88%	–
C	New	CITIGROUP INC	$3,170,000	–	45,272	–	1.73%	–
NVR	New	NVR INC	$3,057,000	–	907	–	1.67%	–
MMM	New	3M CO	$2,888,000	–	16,663	–	1.58%	–
GE	New	GENERAL ELECTRIC CO	$2,832,000	–	269,717	–	1.55%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$2,773,000	–	50,715	–	1.51%	–
CFX	New	COLFAX CORP	$2,760,000	–	98,480	–	1.51%	–
BAC	New	BANK AMER CORP	$2,574,000	–	88,769	–	1.40%	–
GM	New	GENERAL MTRS CO	$2,323,000	–	60,297	–	1.27%	–
IWR	New	ISHARES TRrus mid cap etf	$1,978,000	–	35,396	–	1.08%	–
GEFB	New	GREIF INCcl b	$1,934,000	–	44,302	–	1.06%	–
DAL	New	DELTA AIR LINES INC DEL	$1,739,000	–	30,650	–	0.95%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$1,657,000	–	23,601	–	0.90%	–
AFL	New	AFLAC INC	$1,643,000	–	29,972	–	0.90%	–
UNH	New	UNITEDHEALTH GROUP INC	$1,559,000	–	6,389	–	0.85%	–
L	New	LOEWS CORP	$1,255,000	–	22,957	–	0.68%	–
LLY	New	LILLY ELI & CO	$1,016,000	–	9,166	–	0.55%	–
BACPRL	New	BANK AMER CORP7.25%cnv pfd l	$1,002,000	–	730	–	0.55%	–
WRB	New	BERKLEY W R CORP	$910,000	–	13,799	–	0.50%	–
WFCPRL	New	WELLS FARGO CO NEWperp pfd cnv a	$903,000	–	662	–	0.49%	–
IWO	New	ISHARES TRrus 2000 grw etf	$875,000	–	4,358	–	0.48%	–
PEP	New	PEPSICO INC	$870,000	–	6,631	–	0.48%	–
HSY	New	HERSHEY CO	$851,000	–	6,350	–	0.46%	–
KO	New	COCA COLA CO	$851,000	–	16,707	–	0.46%	–
AMZN	New	AMAZON COM INC	$826,000	–	436	–	0.45%	–
AAL	New	AMERICAN AIRLS GROUP INC	$769,000	–	23,584	–	0.42%	–
UAL	New	UNITED CONTL HLDGS INC	$763,000	–	8,715	–	0.42%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$742,000	–	8,485	–	0.40%	–
MRK	New	MERCK & CO INC	$725,000	–	8,651	–	0.40%	–
IWM	New	ISHARES TRrussell 2000 etf	$671,000	–	4,318	–	0.37%	–
VZ	New	VERIZON COMMUNICATIONS INC	$639,000	–	11,183	–	0.35%	–
WMT	New	WALMART INC	$628,000	–	5,685	–	0.34%	–
V	New	VISA INC	$593,000	–	3,415	–	0.32%	–
EFA	New	ISHARES TRmsci eafe etf	$586,000	–	8,908	–	0.32%	–
MCD	New	MCDONALDS CORP	$572,000	–	2,755	–	0.31%	–
WERN	New	WERNER ENTERPRISES INC	$555,000	–	17,872	–	0.30%	–
PFF	New	ISHARES TRpfd and incm sec	$551,000	–	14,948	–	0.30%	–
MKL	New	MARKEL CORP	$544,000	–	499	–	0.30%	–
INN	New	SUMMIT HOTEL PPTYS INC	$486,000	–	42,409	–	0.26%	–
SYY	New	SYSCO CORP	$481,000	–	6,802	–	0.26%	–
GOOG	New	ALPHABET INCcap stk cl c	$467,000	–	432	–	0.26%	–
BP	New	BP PLCsponsored adr	$403,000	–	9,662	–	0.22%	–
HD	New	HOME DEPOT INC	$390,000	–	1,875	–	0.21%	–
CVX	New	CHEVRON CORP NEW	$366,000	–	2,939	–	0.20%	–
PFE	New	PFIZER INC	$353,000	–	8,147	–	0.19%	–
ABBV	New	ABBVIE INC	$346,000	–	4,753	–	0.19%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$338,000	–	12,254	–	0.18%	–
PG	New	PROCTER AND GAMBLE CO	$328,000	–	2,990	–	0.18%	–
BSX	New	BOSTON SCIENTIFIC CORP	$322,000	–	7,485	–	0.18%	–
CVS	New	CVS HEALTH CORP	$293,000	–	5,373	–	0.16%	–
MDU	New	MDU RES GROUP INC	$285,000	–	11,062	–	0.16%	–
BKNG	New	BOOKING HLDGS INC	$281,000	–	150	–	0.15%	–
EL	New	LAUDER ESTEE COS INCcl a	$269,000	–	1,470	–	0.15%	–
SPGI	New	S&P GLOBAL INC	$244,000	–	1,070	–	0.13%	–
XOM	New	EXXON MOBIL CORP	$243,000	–	3,171	–	0.13%	–
HON	New	HONEYWELL INTL INC	$240,000	–	1,375	–	0.13%	–
DVY	New	ISHARES TRselect divid etf	$226,000	–	2,270	–	0.12%	–
GOOGL	New	ALPHABET INCcap stk cl a	$222,000	–	205	–	0.12%	–
PKX	New	POSCOsponsored adr	$217,000	–	4,081	–	0.12%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$217,000	–	5,092	–	0.12%	–
MNST	New	MONSTER BEVERAGE CORP NEW	$213,000	–	3,330	–	0.12%	–
INTU	New	INTUIT	$209,000	–	800	–	0.11%	–
GLD	New	SPDR GOLD TRUST	$202,000	–	1,520	–	0.11%	–
ECL	New	ECOLAB INC	$196,000	–	995	–	0.11%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$185,000	–	2,150	–	0.10%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$178,000	–	4,271	–	0.10%	–
AMLP	New	ALPS ETF TRalerian mlp	$173,000	–	17,554	–	0.09%	–
BE	New	BLOOM ENERGY CORP	$130,000	–	10,612	–	0.07%	–
GRBK	New	GREEN BRICK PARTNERS INC	$90,000	–	10,800	–	0.05%	–
BTX	New	BIOTIME INC	$17,000	–	15,000	–	0.01%	–
UEC	New	URANIUM ENERGY CORP	$15,000	–	11,200	–	0.01%	–
TRVN	New	TREVENA INC	$10,000	–	10,000	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
UEC	Exit	URANIUM ENERGY CORP	$0	–	-11,200	–	-0.01%	–
BTX	Exit	BIOTIME INC	$0	–	-15,000	–	-0.02%	–
GRBK	Exit	GREEN BRICK PARTNERS INC	$0	–	-10,800	–	-0.07%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,070	–	-0.14%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-1,470	–	-0.14%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-2,270	–	-0.15%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,375	–	-0.15%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-205	–	-0.16%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-11,257	–	-0.19%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-2,570	–	-0.19%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-7,485	–	-0.19%	–
BKNG	Exit	BOOKING HLDGS INC	$0	–	-150	–	-0.20%	–
WK	Exit	WORKIVA INC	$0	–	-9,405	–	-0.24%	–
PFE	Exit	PFIZER INC	$0	–	-8,697	–	-0.25%	–
HD	Exit	HOME DEPOT INC	$0	–	-1,875	–	-0.25%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,595	–	-0.29%	–
ABBV	Exit	ABBVIE INC	$0	–	-4,837	–	-0.30%	–
MCD	Exit	MCDONALDS CORP	$0	–	-2,807	–	-0.31%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-6,045	–	-0.33%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-419	–	-0.33%	–
V	Exit	VISA INC	$0	–	-3,415	–	-0.34%	–
FOXA	Exit	TWENTY FIRST CENTY FOX INCcl a	$0	–	-11,758	–	-0.35%	–
INN	Exit	SUMMIT HOTEL PPTYS INC	$0	–	-41,081	–	-0.36%	–
SYY	Exit	SYSCO CORP	$0	–	-7,776	–	-0.37%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-7,289	–	-0.38%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-11,356	–	-0.40%	–
WERN	Exit	WERNER ENTERPRISES INC	$0	–	-17,753	–	-0.41%	–
MRK	Exit	MERCK & CO INC	$0	–	-9,107	–	-0.42%	–
FOX	Exit	TWENTY FIRST CENTY FOX INCcl b	$0	–	-14,477	–	-0.43%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-4,322	–	-0.47%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-11,008	–	-0.49%	–
PEP	Exit	PEPSICO INC	$0	–	-6,774	–	-0.49%	–
AAL	Exit	AMERICAN AIRLS GROUP INC	$0	–	-18,589	–	-0.50%	–
WRB	Exit	W R BERKLEY CORPORATION	$0	–	-9,613	–	-0.50%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-9,650	–	-0.50%	–
AMZN	Exit	AMAZON COM INC	$0	–	-406	–	-0.54%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-4,358	–	-0.61%	–
BACPRL	Exit	BANK AMER CORP7.25%cnv pfd l	$0	–	-736	–	-0.62%	–
WMT	Exit	WALMART INC	$0	–	-10,172	–	-0.62%	–
LLY	Exit	LILLY ELI & CO	$0	–	-9,166	–	-0.64%	–
GM	Exit	GENERAL MTRS CO	$0	–	-29,673	–	-0.66%	–
UAL	Exit	UNITED CONTL HLDGS INC	$0	–	-12,007	–	-0.70%	–
ORCL	Exit	ORACLE CORP	$0	–	-21,370	–	-0.72%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-66,061	–	-0.76%	–
PFF	Exit	ISHARES TRs&p us pfd stk	$0	–	-31,980	–	-0.77%	–
PKX	Exit	POSCOsponsored adr	$0	–	-18,243	–	-0.78%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-15,725	–	-0.87%	–
MKL	Exit	MARKEL CORP	$0	–	-1,135	–	-0.88%	–
WFCPRL	Exit	WELLS FARGO CO NEWperp pfd cnv a	$0	–	-1,053	–	-0.88%	–
DAL	Exit	DELTA AIR LINES INC DEL	$0	–	-24,866	–	-0.94%	–
BP	Exit	BP PLCsponsored adr	$0	–	-37,022	–	-1.12%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-6,466	–	-1.13%	–
AFL	Exit	AFLAC INC	$0	–	-40,416	–	-1.24%	–
AAPL	Exit	APPLE INC	$0	–	-8,422	–	-1.25%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-8,849	–	-1.27%	–
OAK	Exit	OAKTREE CAP GROUP LLCunit cl a	$0	–	-50,449	–	-1.36%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-10,402	–	-1.53%	–
C	Exit	CITIGROUP INC	$0	–	-32,972	–	-1.56%	–
BAC	Exit	BANK AMER CORP	$0	–	-80,286	–	-1.57%	–
HSY	Exit	HERSHEY CO	$0	–	-25,188	–	-1.66%	–
MMM	Exit	3M CO	$0	–	-12,804	–	-1.76%	–
GEFB	Exit	GREIF INCcl b	$0	–	-47,861	–	-1.78%	–
KO	Exit	COCA COLA CO	$0	–	-59,868	–	-1.80%	–
DIS	Exit	DISNEY WALT CO	$0	–	-23,798	–	-1.81%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-52,012	–	-1.89%	–
INTC	Exit	INTEL CORP	$0	–	-63,345	–	-1.93%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-240,315	–	-1.96%	–
CWGL	Exit	CRIMSON WINE GROUP	$0	–	-353,023	–	-2.06%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-67,257	–	-2.25%	–
JEF	Exit	JEFFERIES FINL GROUP INC	$0	–	-160,622	–	-2.32%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-68,088	–	-2.32%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-50,686	–	-2.41%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-32,314	–	-2.41%	–
CFX	Exit	COLFAX CORP	$0	–	-106,006	–	-2.53%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-373,657	–	-2.60%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-46,592	–	-2.63%	–
LUV	Exit	SOUTHWEST AIRLS CO	$0	–	-73,257	–	-2.99%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-42,635	–	-3.00%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-33,411	–	-3.01%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-43,518	–	-3.22%	–
FNDE	Exit	SCHWAB STRATEGIC TRschwb fdt emk lg	$0	–	-190,449	–	-3.58%	–
L	Exit	LOEWS CORP	$0	–	-120,441	–	-3.94%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-77,417	–	-10.82%	–

Q3 2018

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$16,683,000	+15.5%	77,417	+0.6%	10.82%	+5.8%
L	Sell	LOEWS CORP	$6,073,000	+4.4%	120,441	-0.3%	3.94%	-4.3%
FNDE	Buy	SCHWAB STRATEGIC TRschwb fdt emk lg	$5,514,000	+14.8%	190,449	+8.4%	3.58%	+5.2%
JPM	Sell	JPMORGAN CHASE & CO	$4,966,000	+9.3%	43,518	-0.2%	3.22%	+0.2%
JNJ	Buy	JOHNSON & JOHNSON	$4,643,000	+15.3%	33,411	+0.3%	3.01%	+5.6%
AXP	Buy	AMERICAN EXPRESS CO	$4,620,000	+11.2%	42,635	+0.7%	3.00%	+1.8%
LUV	Buy	SOUTHWEST AIRLS CO	$4,612,000	+62.2%	73,257	+32.2%	2.99%	+48.6%
BUD	Buy	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,060,000	-9.7%	46,592	+4.1%	2.63%	-17.3%
AMLP	Buy	ALPS ETF TRalerian mlp	$4,013,000	+128.0%	373,657	+114.6%	2.60%	+108.8%
CFX	Buy	COLFAX CORP	$3,897,000	+30.6%	106,006	+6.7%	2.53%	+19.6%
WBA	Buy	WALGREENS BOOTS ALLIANCE INC	$3,720,000	+184.2%	50,686	+134.9%	2.41%	+160.3%
MSFT	Sell	MICROSOFT CORP	$3,720,000	+15.5%	32,314	-0.7%	2.41%	+5.8%
WFC	Buy	WELLS FARGO CO NEW	$3,581,000	-3.5%	68,088	+2.9%	2.32%	-11.6%
JEF	Buy	JEFFERIES FINL GROUP INC	$3,570,000	+2.6%	160,622	+4.3%	2.32%	-6.0%
BK	Buy	BANK NEW YORK MELLON CORP	$3,469,000	+12.6%	67,257	+17.3%	2.25%	+3.2%
CWGL	New	CRIMSON WINE GROUP	$3,173,000	–	353,023	–	2.06%	–
GE	Sell	GENERAL ELECTRIC CO	$3,023,000	-7.2%	240,315	-1.9%	1.96%	-15.0%
INTC	Buy	INTEL CORP	$2,968,000	-2.3%	63,345	+3.1%	1.93%	-10.5%
SBUX	Buy	STARBUCKS CORP	$2,920,000	+22.5%	52,012	+7.0%	1.89%	+12.1%
DIS	Buy	DISNEY WALT CO	$2,787,000	+14.4%	23,798	+1.9%	1.81%	+4.8%
KO	Buy	COCA COLA CO	$2,771,000	+5.6%	59,868	+0.3%	1.80%	-3.3%
GEFB	Buy	GREIF INCcl b	$2,752,000	+2.4%	47,861	+1.0%	1.78%	-6.2%
MMM	Sell	3M CO	$2,720,000	+7.4%	12,804	-1.5%	1.76%	-1.6%
HSY	Sell	HERSHEY CO	$2,560,000	+9.8%	25,188	-0.2%	1.66%	+0.5%
BAC	Sell	BANK AMER CORP	$2,425,000	+4.8%	80,286	-2.4%	1.57%	-4.1%
C	Buy	CITIGROUP INC	$2,397,000	+14.1%	32,972	+4.3%	1.56%	+4.5%
GS	Buy	GOLDMAN SACHS GROUP INC	$2,362,000	+5.9%	10,402	+3.3%	1.53%	-3.0%
OAK	Buy	OAKTREE CAP GROUP LLCunit cl a	$2,098,000	+4.8%	50,449	+2.5%	1.36%	-4.0%
AAPL	Sell	APPLE INC	$1,926,000	+21.9%	8,422	-0.7%	1.25%	+11.7%
AFL	Sell	AFLAC INC	$1,911,000	-10.3%	40,416	-18.9%	1.24%	-17.8%
UNH	Sell	UNITEDHEALTH GROUP INC	$1,743,000	+6.2%	6,466	-3.1%	1.13%	-2.7%
BP	Sell	BP PLCsponsored adr	$1,729,000	-11.9%	37,022	-14.7%	1.12%	-19.3%
DAL	Buy	DELTA AIR LINES INC DEL	$1,442,000	+28.8%	24,866	+10.5%	0.94%	+18.0%
WFCPRL	Buy	WELLS FARGO CO NEWperp pfd cnv a	$1,355,000	+4.6%	1,053	+2.4%	0.88%	-4.2%
MKL	Buy	MARKEL CORP	$1,352,000	+12.1%	1,135	+2.2%	0.88%	+2.7%
XOM	Sell	EXXON MOBIL CORP	$1,344,000	-21.7%	15,725	-25.0%	0.87%	-28.3%
PKX	Buy	POSCOsponsored adr	$1,205,000	-5.0%	18,243	+2.2%	0.78%	-13.0%
PFF	Sell	ISHARES TRs&p us pfd stk	$1,181,000	-3.1%	31,980	-0.8%	0.77%	-11.2%
KMI	Sell	KINDER MORGAN INC DEL	$1,176,000	-50.2%	66,061	-51.1%	0.76%	-54.4%
ORCL	Buy	ORACLE CORP	$1,104,000	+21.2%	21,370	+4.1%	0.72%	+11.0%
UAL	Buy	UNITED CONTL HLDGS INC	$1,071,000	+39.3%	12,007	+9.9%	0.70%	+27.5%
GM	Buy	GENERAL MTRS CO	$1,013,000	-11.5%	29,673	+2.0%	0.66%	-18.9%
WMT	Sell	WALMART INC	$961,000	-3.1%	10,172	-14.0%	0.62%	-11.4%
BACPRL	Sell	BANK AMER CORP7.25%cnv pfd l	$951,000	-0.1%	736	-3.3%	0.62%	-8.5%
AMZN	Sell	AMAZON COM INC	$824,000	-4.8%	406	-20.5%	0.54%	-12.7%
VNQ	Sell	VANGUARD INDEX FDSreal estate etf	$775,000	-9.0%	9,650	-8.4%	0.50%	-16.6%
AAL	Buy	AMERICAN AIRLS GROUP INC	$766,000	+35.6%	18,589	+25.2%	0.50%	+24.2%
PEP	Buy	PEPSICO INC	$757,000	+2.4%	6,774	+0.0%	0.49%	-6.1%
FOX	Sell	TWENTY FIRST CENTY FOX INCcl b	$664,000	-23.0%	14,477	-17.3%	0.43%	-29.5%
WERN	Buy	WERNER ENTERPRISES INC	$631,000	-5.3%	17,753	+0.2%	0.41%	-13.3%
SYY	Sell	SYSCO CORP	$569,000	+0.7%	7,776	-6.5%	0.37%	-7.8%
INN	Sell	SUMMIT HOTEL PPTYS INC	$551,000	-9.7%	41,081	-5.0%	0.36%	-17.4%
FOXA	Sell	TWENTY FIRST CENTY FOX INCcl a	$544,000	-8.3%	11,758	-1.3%	0.35%	-16.0%
PG	Sell	PROCTER AND GAMBLE CO	$504,000	+3.5%	6,045	-3.1%	0.33%	-5.2%
MCD	Sell	MCDONALDS CORP	$472,000	+6.1%	2,807	-1.4%	0.31%	-2.9%
ABBV	Sell	ABBVIE INC	$461,000	+2.0%	4,837	-1.0%	0.30%	-6.6%
CVX	Buy	CHEVRON CORP NEW	$447,000	0.0%	3,595	+0.1%	0.29%	-8.5%
HD	Sell	HOME DEPOT INC	$392,000	+6.5%	1,875	-1.6%	0.25%	-2.7%
WK	Sell	WORKIVA INC	$373,000	+29.1%	9,405	-20.5%	0.24%	+18.0%
MDU	Sell	MDU RES GROUP INC	$289,000	-23.9%	11,257	-15.1%	0.19%	-30.5%
HON	Sell	HONEYWELL INTL INC	$228,000	+8.6%	1,375	-5.2%	0.15%	-0.7%
MDT	Exit	MEDTRONIC PLC	$0	–	-2,760	–	-0.17%	–
AET	Exit	AETNA INC NEW	$0	–	-3,174	–	-0.41%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-10,937	–	-0.60%	–
MSGS	Exit	MADISON SQUARE GARDEN CO NEWcl a	$0	–	-8,978	–	-2.03%	–

Q2 2018

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$14,440,000	–	76,963	–	10.23%	–
L	New	LOEWS CORP	$5,816,000	–	120,749	–	4.12%	–
FNDE	New	SCHWAB STRATEGIC TRschwb fdt emk lg	$4,802,000	–	175,647	–	3.40%	–
JPM	New	JPMORGAN CHASE & CO	$4,542,000	–	43,597	–	3.22%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$4,496,000	–	44,770	–	3.18%	–
AXP	New	AMERICAN EXPRESS CO	$4,155,000	–	42,356	–	2.94%	–
JNJ	New	JOHNSON & JOHNSON	$4,026,000	–	33,297	–	2.85%	–
WFC	New	WELLS FARGO CO NEW	$3,711,000	–	66,168	–	2.63%	–
JEF	New	JEFFERIES FINL GROUP INC	$3,480,000	–	154,016	–	2.46%	–
GE	New	GENERAL ELECTRIC CO	$3,258,000	–	244,964	–	2.31%	–
MSFT	New	MICROSOFT CORP	$3,220,000	–	32,540	–	2.28%	–
BK	New	BANK NEW YORK MELLON CORP	$3,080,000	–	57,349	–	2.18%	–
INTC	New	INTEL CORP	$3,038,000	–	61,422	–	2.15%	–
CFX	New	COLFAX CORP	$2,984,000	–	99,309	–	2.11%	–
MSGS	New	MADISON SQUARE GARDEN CO NEWcl a	$2,862,000	–	8,978	–	2.03%	–
LUV	New	SOUTHWEST AIRLS CO	$2,844,000	–	55,434	–	2.01%	–
GEFB	New	GREIF INCcl b	$2,687,000	–	47,369	–	1.90%	–
KO	New	COCA COLA CO	$2,625,000	–	59,665	–	1.86%	–
MMM	New	3M CO	$2,533,000	–	13,000	–	1.79%	–
DIS	New	DISNEY WALT CO	$2,437,000	–	23,362	–	1.73%	–
SBUX	New	STARBUCKS CORP	$2,384,000	–	48,597	–	1.69%	–
KMI	New	KINDER MORGAN INC DEL	$2,361,000	–	134,990	–	1.67%	–
HSY	New	HERSHEY CO	$2,332,000	–	25,241	–	1.65%	–
BAC	New	BANK AMER CORP	$2,315,000	–	82,253	–	1.64%	–
GS	New	GOLDMAN SACHS GROUP INC	$2,231,000	–	10,069	–	1.58%	–
AFL	New	AFLAC INC	$2,131,000	–	49,807	–	1.51%	–
C	New	CITIGROUP INC	$2,101,000	–	31,610	–	1.49%	–
OAK	New	OAKTREE CAP GROUP LLCunit cl a	$2,002,000	–	49,230	–	1.42%	–
BP	New	BP PLCsponsored adr	$1,962,000	–	43,377	–	1.39%	–
IWR	New	ISHARES TRrus mid cap etf	$1,871,000	–	8,849	–	1.32%	–
AMLP	New	ALPS ETF TRalerian mlp	$1,760,000	–	174,121	–	1.25%	–
XOM	New	EXXON MOBIL CORP	$1,717,000	–	20,960	–	1.22%	–
UNH	New	UNITEDHEALTH GROUP INC	$1,641,000	–	6,672	–	1.16%	–
AAPL	New	APPLE INC	$1,580,000	–	8,478	–	1.12%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$1,309,000	–	21,574	–	0.93%	–
WFCPRL	New	WELLS FARGO CO NEWperp pfd cnv a	$1,296,000	–	1,028	–	0.92%	–
PKX	New	POSCOsponsored adr	$1,269,000	–	17,848	–	0.90%	–
PFF	New	ISHARES TRs&p us pfd stk	$1,219,000	–	32,230	–	0.86%	–
MKL	New	MARKEL CORP	$1,206,000	–	1,111	–	0.85%	–
GM	New	GENERAL MTRS CO	$1,144,000	–	29,086	–	0.81%	–
DAL	New	DELTA AIR LINES INC DEL	$1,120,000	–	22,512	–	0.79%	–
WMT	New	WALMART INC	$992,000	–	11,824	–	0.70%	–
BACPRL	New	BANK AMER CORP7.25%cnv pfd l	$952,000	–	761	–	0.67%	–
ORCL	New	ORACLE CORP	$911,000	–	20,536	–	0.64%	–
IWO	New	ISHARES TRrus 2000 grw etf	$888,000	–	4,358	–	0.63%	–
AMZN	New	AMAZON COM INC	$866,000	–	511	–	0.61%	–
FOX	New	TWENTY FIRST CENTY FOX INCcl b	$862,000	–	17,503	–	0.61%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$852,000	–	10,537	–	0.60%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$848,000	–	10,937	–	0.60%	–
LLY	New	LILLY ELI & CO	$783,000	–	9,166	–	0.56%	–
UAL	New	UNITED CONTL HLDGS INC	$769,000	–	10,924	–	0.54%	–
PEP	New	PEPSICO INC	$739,000	–	6,773	–	0.52%	–
EFA	New	ISHARES TRmsci eafe etf	$729,000	–	11,008	–	0.52%	–
IWM	New	ISHARES TRrussell 2000 etf	$705,000	–	4,322	–	0.50%	–
WRB	New	W R BERKLEY CORPORATION	$693,000	–	9,613	–	0.49%	–
WERN	New	WERNER ENTERPRISES INC	$666,000	–	17,718	–	0.47%	–
INN	New	SUMMIT HOTEL PPTYS INC	$610,000	–	43,222	–	0.43%	–
FOXA	New	TWENTY FIRST CENTY FOX INCcl a	$593,000	–	11,907	–	0.42%	–
AET	New	AETNA INC NEW	$585,000	–	3,174	–	0.41%	–
VZ	New	VERIZON COMMUNICATIONS INC	$569,000	–	11,356	–	0.40%	–
SYY	New	SYSCO CORP	$565,000	–	8,313	–	0.40%	–
AAL	New	AMERICAN AIRLS GROUP INC	$565,000	–	14,848	–	0.40%	–
MRK	New	MERCK & CO INC	$550,000	–	9,107	–	0.39%	–
PG	New	PROCTER AND GAMBLE CO	$487,000	–	6,241	–	0.34%	–
CVS	New	CVS HEALTH CORP	$470,000	–	7,289	–	0.33%	–
GOOG	New	ALPHABET INCcap stk cl c	$467,000	–	419	–	0.33%	–
ABBV	New	ABBVIE INC	$452,000	–	4,887	–	0.32%	–
V	New	VISA INC	$452,000	–	3,415	–	0.32%	–
CVX	New	CHEVRON CORP NEW	$447,000	–	3,593	–	0.32%	–
MCD	New	MCDONALDS CORP	$445,000	–	2,846	–	0.32%	–
MDU	New	MDU RES GROUP INC	$380,000	–	13,257	–	0.27%	–
HD	New	HOME DEPOT INC	$368,000	–	1,906	–	0.26%	–
PFE	New	PFIZER INC	$315,000	–	8,697	–	0.22%	–
BKNG	New	BOOKING HLDGS INC	$308,000	–	150	–	0.22%	–
GLD	New	SPDR GOLD TRUST	$304,000	–	2,570	–	0.22%	–
WK	New	WORKIVA INC	$289,000	–	11,835	–	0.20%	–
BSX	New	BOSTON SCIENTIFIC CORP	$245,000	–	7,485	–	0.17%	–
MDT	New	MEDTRONIC PLC	$234,000	–	2,760	–	0.17%	–
GOOGL	New	ALPHABET INCcap stk cl a	$231,000	–	205	–	0.16%	–
DVY	New	ISHARES TRselect divid etf	$221,000	–	2,270	–	0.16%	–
SPGI	New	S&P GLOBAL INC	$218,000	–	1,070	–	0.15%	–
HON	New	HONEYWELL INTL INC	$210,000	–	1,450	–	0.15%	–
EL	New	LAUDER ESTEE COS INCcl a	$209,000	–	1,470	–	0.15%	–
GRBK	New	GREEN BRICK PARTNERS INC	$107,000	–	10,800	–	0.08%	–
BTX	New	BIOTIME INC	$31,000	–	15,000	–	0.02%	–
UEC	New	URANIUM ENERGY CORP	$17,000	–	11,200	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
HEAR	Exit	TURTLE BEACH CORP	$0	–	-20,000	–	-0.01%	–
AVEO	Exit	AVEO PHARMACEUTICALS INC	$0	–	-10,000	–	-0.03%	–
BTX	Exit	BIOTIME INC	$0	–	-15,000	–	-0.03%	–
CYRX	Exit	CRYOPORT INC	$0	–	-12,560	–	-0.09%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-205	–	-0.15%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,450	–	-0.15%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-2,270	–	-0.16%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-7,485	–	-0.16%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-5,444	–	-0.16%	–
FCAU	Exit	FIAT CHRYSLER AUTOMOBILES N	$0	–	-14,362	–	-0.19%	–
FOXA	Exit	TWENTY FIRST CENTY FOX INCcl a	$0	–	-9,946	–	-0.19%	–
CELG	Exit	CELGENE CORP	$0	–	-1,825	–	-0.20%	–
WK	Exit	WORKIVA INC	$0	–	-13,145	–	-0.20%	–
PCLN	Exit	PRICELINE GRP INC	$0	–	-150	–	-0.20%	–
HD	Exit	HOME DEPOT INC	$0	–	-1,925	–	-0.23%	–
V	Exit	VISA INC	$0	–	-3,415	–	-0.26%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-34,146	–	-0.28%	–
LUV	Exit	SOUTHWEST AIRLS CO	$0	–	-6,815	–	-0.28%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-5,044	–	-0.29%	–
AMZN	Exit	AMAZON COM INC	$0	–	-410	–	-0.29%	–
PGX	Exit	POWERSHARES ETF TR IIpfd portfolio	$0	–	-26,432	–	-0.29%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-4,793	–	-0.29%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-8,014	–	-0.29%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-5,470	–	-0.31%	–
WERN	Exit	WERNER ENTERPRISES INC	$0	–	-11,695	–	-0.31%	–
SYY	Exit	SYSCO CORP	$0	–	-8,396	–	-0.33%	–
MCD	Exit	MCDONALDS CORP	$0	–	-3,062	–	-0.35%	–
ABBV	Exit	ABBVIE INC	$0	–	-5,442	–	-0.36%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-512	–	-0.36%	–
MRK	Exit	MERCK & CO INC	$0	–	-7,954	–	-0.37%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-20,257	–	-0.39%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,549	–	-0.39%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-4,600	–	-0.41%	–
VRX	Exit	VALEANT PHARMACEUTICALS INTL	$0	–	-39,456	–	-0.42%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-6,880	–	-0.46%	–
INN	Exit	SUMMIT HOTEL PPTYS	$0	–	-42,253	–	-0.50%	–
GM	Exit	GENERAL MTRS CO	$0	–	-16,752	–	-0.50%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-4,768	–	-0.52%	–
PFF	Exit	ISHARES TRs&p us pfd stk	$0	–	-18,912	–	-0.54%	–
PEP	Exit	PEPSICO INC	$0	–	-6,667	–	-0.55%	–
WRB	Exit	BERKLEY W R CORP	$0	–	-11,285	–	-0.55%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-11,008	–	-0.55%	–
DIS	Exit	DISNEY WALT CO	$0	–	-8,206	–	-0.59%	–
CF	Exit	CF INDS HLDGS INC	$0	–	-23,304	–	-0.60%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-10,124	–	-0.60%	–
AAPL	Exit	APPLE INC	$0	–	-5,736	–	-0.65%	–
LLY	Exit	LILLY ELI & CO	$0	–	-10,416	–	-0.65%	–
GIM	Exit	TEMPLETON GLOBAL INCOME FD	$0	–	-135,245	–	-0.67%	–
BACPRL	Exit	BANK AMER CORP7.25%cnv pfd l	$0	–	-750	–	-0.72%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-7,008	–	-0.92%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-18,304	–	-1.05%	–
WFCPRL	Exit	WELLS FARGO CO NEWperp pfd cnv a	$0	–	-1,153	–	-1.11%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-38,461	–	-1.23%	–
MMM	Exit	3M CO	$0	–	-8,044	–	-1.24%	–
HSY	Exit	HERSHEY CO	$0	–	-15,886	–	-1.27%	–
OAK	Exit	OAKTREE CAP GROUP LLCunit cl a	$0	–	-37,046	–	-1.28%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-21,612	–	-1.30%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-97,787	–	-1.38%	–
C	Exit	CITIGROUP INC	$0	–	-26,448	–	-1.41%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-10,406	–	-1.51%	–
BP	Exit	BP PLCsponsored adr	$0	–	-53,684	–	-1.52%	–
MSGS	Exit	MADISON SQUARE GARDEN CO NEWcl a	$0	–	-9,956	–	-1.57%	–
PKX	Exit	POSCOsponsored adr	$0	–	-31,242	–	-1.59%	–
BAC	Exit	BANK AMER CORP	$0	–	-87,236	–	-1.62%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-19,372	–	-1.70%	–
INTC	Exit	INTEL CORP	$0	–	-61,204	–	-1.71%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-36,911	–	-1.72%	–
AFL	Exit	AFLAC INC	$0	–	-28,849	–	-1.72%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-10,042	–	-1.75%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-45,182	–	-1.76%	–
CFX	Exit	COLFAX CORP	$0	–	-62,543	–	-1.91%	–
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-73,758	–	-1.94%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-36,392	–	-1.99%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-14,402	–	-2.07%	–
POT	Exit	POTASH CORP SASK INC	$0	–	-153,516	–	-2.17%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-20,623	–	-2.20%	–
KO	Exit	COCA COLA CO	$0	–	-69,262	–	-2.29%	–
LUK	Exit	LEUCADIA NATL CORP	$0	–	-136,784	–	-2.54%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-63,619	–	-2.58%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-42,857	–	-2.85%	–
MON	Exit	MONSANTO CO NEW	$0	–	-32,684	–	-2.88%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-30,235	–	-2.89%	–
GEFB	Exit	GREIF INCcl b	$0	–	-62,530	–	-2.95%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-50,240	–	-3.52%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-224,285	–	-3.98%	–
L	Exit	LOEWS CORP	$0	–	-118,302	–	-4.16%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-71,628	–	-9.64%	–

Q3 2017

			Value		Shares		↓ Weighting
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$13,131,000	+12.5%	71,628	+4.0%	9.64%	+6.2%
L	Buy	LOEWS CORP	$5,662,000	+7.2%	118,302	+4.8%	4.16%	+1.1%
GE	Buy	GENERAL ELECTRIC CO	$5,423,000	+17.2%	224,285	+30.9%	3.98%	+10.5%
JPM	Sell	JPMORGAN CHASE & CO	$4,798,000	-2.6%	50,240	-6.8%	3.52%	-8.1%
GEFB	Buy	GREIF INCcl b	$4,018,000	+7.2%	62,530	+0.7%	2.95%	+1.1%
JNJ	Buy	JOHNSON & JOHNSON	$3,931,000	+1.4%	30,235	+3.1%	2.89%	-4.4%
MON	Sell	MONSANTO CO NEW	$3,916,000	-1.6%	32,684	-2.8%	2.88%	-7.1%
AXP	Buy	AMERICAN EXPRESS CO	$3,877,000	+9.3%	42,857	+1.8%	2.85%	+3.1%
WFC	Buy	WELLS FARGO CO NEW	$3,509,000	+0.9%	63,619	+1.4%	2.58%	-4.8%
LUK	Buy	LEUCADIA NATL CORP	$3,454,000	+0.0%	136,784	+3.6%	2.54%	-5.6%
KO	Sell	COCA COLA CO	$3,117,000	-0.6%	69,262	-1.0%	2.29%	-6.3%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$2,992,000	-22.7%	20,623	-18.0%	2.20%	-27.1%
POT	Sell	POTASH CORP SASK INC	$2,954,000	+9.9%	153,516	-6.9%	2.17%	+3.7%
UNH	Sell	UNITEDHEALTH GROUP INC	$2,821,000	+2.1%	14,402	-3.4%	2.07%	-3.7%
MSFT	Sell	MICROSOFT CORP	$2,711,000	+8.0%	36,392	-0.1%	1.99%	+1.9%
NOV	Buy	NATIONAL OILWELL VARCO INC	$2,635,000	+8.9%	73,758	+0.4%	1.94%	+2.8%
CFX	Buy	COLFAX CORP	$2,604,000	+7.3%	62,543	+1.5%	1.91%	+1.2%
BK	Buy	BANK NEW YORK MELLON CORP	$2,396,000	+6.3%	45,182	+2.2%	1.76%	+0.3%
GS	Buy	GOLDMAN SACHS GROUP INC	$2,382,000	+7.4%	10,042	+0.5%	1.75%	+1.3%
AFL	Buy	AFLAC INC	$2,348,000	+6.7%	28,849	+1.8%	1.72%	+0.6%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$2,337,000	-33.6%	36,911	-33.0%	1.72%	-37.3%
INTC	Buy	INTEL CORP	$2,331,000	+18.1%	61,204	+4.6%	1.71%	+11.5%
BUD	Buy	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$2,310,000	+70.0%	19,372	+57.5%	1.70%	+60.4%
BAC	Buy	BANK AMER CORP	$2,211,000	+4.5%	87,236	+0.0%	1.62%	-1.4%
PKX	Sell	POSCOsponsored adr	$2,168,000	+3.3%	31,242	-6.8%	1.59%	-2.5%
MSGS	Sell	MADISON SQUARE GARDEN CO NEWcl a	$2,132,000	+8.4%	9,956	-0.3%	1.57%	+2.3%
BP	Sell	BP PLCsponsored adr	$2,063,000	-2.9%	53,684	-12.5%	1.52%	-8.4%
C	Buy	CITIGROUP INC	$1,924,000	+13.5%	26,448	+4.4%	1.41%	+7.1%
KMI	Buy	KINDER MORGAN INC DEL	$1,876,000	+16.4%	97,787	+16.2%	1.38%	+9.8%
XOM	Buy	EXXON MOBIL CORP	$1,772,000	+4.4%	21,612	+2.7%	1.30%	-1.6%
OAK	Buy	OAKTREE CAP GROUP LLCunit cl a	$1,743,000	+8.5%	37,046	+7.5%	1.28%	+2.4%
HSY	Buy	HERSHEY CO	$1,734,000	+20.8%	15,886	+18.8%	1.27%	+14.0%
MMM	Buy	3M CO	$1,688,000	+0.9%	8,044	+0.1%	1.24%	-4.8%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$1,676,000	+384.4%	38,461	+354.5%	1.23%	+357.6%
WFCPRL	Sell	WELLS FARGO CO NEWperp pfd cnv a	$1,516,000	+0.2%	1,153	-0.1%	1.11%	-5.5%
WMT	Sell	WAL-MART STORES INC	$1,430,000	-48.5%	18,304	-50.1%	1.05%	-51.4%
BACPRL	Sell	BANK AMER CORP7.25%cnv pfd l	$976,000	+2.8%	750	-0.3%	0.72%	-3.0%
GIM	Buy	TEMPLETON GLOBAL INCOME FD	$912,000	+0.4%	135,245	+0.0%	0.67%	-5.2%
CVS	Sell	CVS HEALTH CORP	$823,000	+0.2%	10,124	-0.7%	0.60%	-5.5%
CF	Sell	CF INDS HLDGS INC	$819,000	+25.2%	23,304	-0.4%	0.60%	+18.1%
DIS	New	DISNEY WALT CO	$809,000	–	8,206	–	0.59%	–
PEP	Sell	PEPSICO INC	$743,000	-3.5%	6,667	-0.0%	0.55%	-8.8%
PFF	Buy	ISHARES TRs&p us pfd stk	$734,000	+34.4%	18,912	+35.7%	0.54%	+26.8%
IWM	Buy	ISHARES TRrussell 2000 etf	$707,000	+6.3%	4,768	+1.1%	0.52%	+0.2%
INN	Buy	SUMMIT HOTEL PPTYS	$676,000	-13.7%	42,253	+0.7%	0.50%	-18.7%
GM	Buy	GENERAL MTRS CO	$676,000	+24.7%	16,752	+8.0%	0.50%	+17.5%
PG	Buy	PROCTER AND GAMBLE CO	$626,000	+4.5%	6,880	+0.1%	0.46%	-1.3%
VRX	Sell	VALEANT PHARMACEUTICALS INTL	$565,000	-17.9%	39,456	-0.8%	0.42%	-22.6%
GLD	Buy	SPDR GOLD TRUST	$559,000	+84.5%	4,600	+79.0%	0.41%	+74.2%
CVX	Sell	CHEVRON CORP NEW	$535,000	+11.9%	4,549	-0.7%	0.39%	+5.6%
MCD	Buy	MCDONALDS CORP	$480,000	+6.2%	3,062	+3.7%	0.35%	+0.3%
SYY	Buy	SYSCO CORP	$453,000	+7.3%	8,396	+0.2%	0.33%	+1.2%
WERN	Buy	WERNER ENTERPRISES INC	$427,000	+24.5%	11,695	+0.2%	0.31%	+17.6%
MDT	New	MEDTRONIC PLC	$425,000	–	5,470	–	0.31%	–
VNQ	Buy	VANGUARD INDEX FDSreit etf	$398,000	+54.3%	4,793	+54.8%	0.29%	+45.3%
VZ	Sell	VERIZON COMMUNICATIONS INC	$397,000	+10.6%	8,014	-0.4%	0.29%	+4.7%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$389,000	-4.4%	5,044	-3.1%	0.29%	-9.8%
LUV	New	SOUTHWEST AIRLS CO	$382,000	–	6,815	–	0.28%	–
AMLP	Buy	ALPS ETF TRalerian mlp	$383,000	-2.3%	34,146	+4.1%	0.28%	-7.9%
CELG	Buy	CELGENE CORP	$266,000	+18.8%	1,825	+5.8%	0.20%	+12.1%
FOXA	Buy	TWENTY FIRST CENTY FOX INCcl a	$262,000	+9.6%	9,946	+17.9%	0.19%	+3.2%
HON	New	HONEYWELL INTL INC	$206,000	–	1,450	–	0.15%	–
GOOGL	New	ALPHABET INCcap stk cl a	$200,000	–	205	–	0.15%	–
FOX	Exit	TWENTY FIRST CENTY FOX INCcl b	$0	–	-7,206	–	-0.16%	–
WU	Exit	WESTERN UN CO	$0	–	-37,215	–	-0.55%	–

Q2 2017

			Value		Shares		↓ Weighting
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$11,668,000	–	68,873	–	9.08%	–
L	New	LOEWS CORP	$5,284,000	–	112,868	–	4.11%	–
JPM	New	JPMORGAN CHASE & CO	$4,927,000	–	53,906	–	3.84%	–
GE	New	GENERAL ELECTRIC CO	$4,628,000	–	171,338	–	3.60%	–
MON	New	MONSANTO CO NEW	$3,979,000	–	33,620	–	3.10%	–
JNJ	New	JOHNSON & JOHNSON	$3,878,000	–	29,314	–	3.02%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$3,870,000	–	25,157	–	3.01%	–
GEFB	New	GREIF INCcl b	$3,749,000	–	62,065	–	2.92%	–
AXP	New	AMERICAN EXPRESS CO	$3,548,000	–	42,110	–	2.76%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$3,519,000	–	55,116	–	2.74%	–
WFC	New	WELLS FARGO CO NEW	$3,477,000	–	62,756	–	2.71%	–
LUK	New	LEUCADIA NATL CORP	$3,453,000	–	131,968	–	2.69%	–
KO	New	COCA COLA CO	$3,137,000	–	69,947	–	2.44%	–
WMT	New	WAL-MART STORES INC	$2,777,000	–	36,699	–	2.16%	–
UNH	New	UNITEDHEALTH GROUP INC	$2,764,000	–	14,903	–	2.15%	–
POT	New	POTASH CORP SASK INC	$2,689,000	–	164,924	–	2.09%	–
MSFT	New	MICROSOFT CORP	$2,510,000	–	36,419	–	1.95%	–
CFX	New	COLFAX CORP	$2,427,000	–	61,644	–	1.89%	–
NOV	New	NATIONAL OILWELL VARCO INC	$2,419,000	–	73,429	–	1.88%	–
BK	New	BANK NEW YORK MELLON CORP	$2,255,000	–	44,199	–	1.76%	–
GS	New	GOLDMAN SACHS GROUP INC	$2,217,000	–	9,992	–	1.73%	–
AFL	New	AFLAC INC	$2,201,000	–	28,335	–	1.71%	–
BP	New	BP PLCsponsored adr	$2,125,000	–	61,327	–	1.65%	–
BAC	New	BANK AMER CORP	$2,116,000	–	87,234	–	1.65%	–
PKX	New	POSCOsponsored adr	$2,098,000	–	33,511	–	1.63%	–
IWR	New	ISHARES TRrus mid cap etf	$1,999,000	–	10,406	–	1.56%	–
INTC	New	INTEL CORP	$1,973,000	–	58,485	–	1.54%	–
MSGS	New	MADISON SQUARE GARDEN CO NEWcl a	$1,967,000	–	9,989	–	1.53%	–
XOM	New	EXXON MOBIL CORP	$1,698,000	–	21,035	–	1.32%	–
C	New	CITIGROUP INC	$1,695,000	–	25,341	–	1.32%	–
MMM	New	3M CO	$1,673,000	–	8,038	–	1.30%	–
KMI	New	KINDER MORGAN INC DEL	$1,612,000	–	84,130	–	1.26%	–
OAK	New	OAKTREE CAP GROUP LLCunit cl a	$1,606,000	–	34,472	–	1.25%	–
WFCPRL	New	WELLS FARGO CO NEWperp pfd cnv a	$1,513,000	–	1,154	–	1.18%	–
HSY	New	HERSHEY CO	$1,436,000	–	13,374	–	1.12%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$1,359,000	–	12,296	–	1.06%	–
IWO	New	ISHARES TRrus 2000 grw etf	$1,183,000	–	7,008	–	0.92%	–
BACPRL	New	BANK AMER CORP7.25%cnv pfd l	$949,000	–	752	–	0.74%	–
GIM	New	TEMPLETON GLOBAL INCOME FD	$908,000	–	135,179	–	0.71%	–
LLY	New	LILLY ELI & CO	$857,000	–	10,416	–	0.67%	–
AAPL	New	APPLE INC	$826,000	–	5,736	–	0.64%	–
CVS	New	CVS HEALTH CORP	$821,000	–	10,198	–	0.64%	–
INN	New	SUMMIT HOTEL PPTYS	$783,000	–	41,959	–	0.61%	–
WRB	New	BERKLEY W R CORP	$781,000	–	11,285	–	0.61%	–
PEP	New	PEPSICO INC	$770,000	–	6,669	–	0.60%	–
EFA	New	ISHARES TRmsci eafe etf	$718,000	–	11,008	–	0.56%	–
WU	New	WESTERN UN CO	$709,000	–	37,215	–	0.55%	–
VRX	New	VALEANT PHARMACEUTICALS INTL	$688,000	–	39,760	–	0.54%	–
IWM	New	ISHARES TRrussell 2000 etf	$665,000	–	4,718	–	0.52%	–
CF	New	CF INDS HLDGS INC	$654,000	–	23,404	–	0.51%	–
PG	New	PROCTER AND GAMBLE CO	$599,000	–	6,876	–	0.47%	–
PFF	New	ISHARES TRu.s. pfd stk etf	$546,000	–	13,933	–	0.42%	–
GM	New	GENERAL MTRS CO	$542,000	–	15,508	–	0.42%	–
MDU	New	MDU RES GROUP INC	$531,000	–	20,257	–	0.41%	–
MRK	New	MERCK & CO INC	$510,000	–	7,954	–	0.40%	–
CVX	New	CHEVRON CORP NEW	$478,000	–	4,582	–	0.37%	–
GOOG	New	ALPHABET INCcap stk cl c	$465,000	–	512	–	0.36%	–
MCD	New	MCDONALDS CORP	$452,000	–	2,952	–	0.35%	–
SYY	New	SYSCO CORP	$422,000	–	8,381	–	0.33%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$407,000	–	5,203	–	0.32%	–
PGX	New	POWERSHARES ETF TR IIpfd portfolio	$399,000	–	26,432	–	0.31%	–
AMZN	New	AMAZON COM INC	$397,000	–	410	–	0.31%	–
ABBV	New	ABBVIE INC	$395,000	–	5,442	–	0.31%	–
AMLP	New	ALPS ETF TRalerian mlp	$392,000	–	32,806	–	0.30%	–
VZ	New	VERIZON COMMUNICATIONS INC	$359,000	–	8,044	–	0.28%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$346,000	–	8,463	–	0.27%	–
WERN	New	WERNER ENTERPRISES INC	$343,000	–	11,674	–	0.27%	–
V	New	VISA INC	$320,000	–	3,415	–	0.25%	–
GLD	New	SPDR GOLD TRUST	$303,000	–	2,570	–	0.24%	–
HD	New	HOME DEPOT INC	$295,000	–	1,925	–	0.23%	–
PCLN	New	PRICELINE GRP INC	$281,000	–	150	–	0.22%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$258,000	–	3,096	–	0.20%	–
WK	New	WORKIVA INC	$250,000	–	13,145	–	0.20%	–
FOXA	New	TWENTY FIRST CENTY FOX INCcl a	$239,000	–	8,434	–	0.19%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$235,000	–	5,444	–	0.18%	–
CELG	New	CELGENE CORP	$224,000	–	1,725	–	0.17%	–
DVY	New	ISHARES TRselect divid etf	$209,000	–	2,270	–	0.16%	–
BSX	New	BOSTON SCIENTIFIC CORP	$207,000	–	7,485	–	0.16%	–
FOX	New	TWENTY FIRST CENTY FOX INCcl b	$201,000	–	7,206	–	0.16%	–
FCAU	New	FIAT CHRYSLER AUTOMOBILES N	$153,000	–	14,362	–	0.12%	–
CYRX	New	CRYOPORT INC	$62,000	–	12,560	–	0.05%	–
BTX	New	BIOTIME INC	$47,000	–	15,000	–	0.04%	–
AVEO	New	AVEO PHARMACEUTICALS INC	$22,000	–	10,000	–	0.02%	–
HEAR	New	TURTLE BEACH CORP	$14,000	–	20,000	–	0.01%	–

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