﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.5">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-08-12T10:04:33-05:00</ReturnTs>
    <TaxPeriodEndDt>2025-09-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>461498870</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BMSS LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1020 HIGHLAND COLONY PKWY SUITE 600</AddressLine1Txt>
        <CityNm>RIDGELAND</CityNm>
        <StateAbbreviationCd>MS</StateAbbreviationCd>
        <ZIPCd>39157</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-10-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>640689319</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>INSTITUTE FOR TECHNOLOGY</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>DEVELOPMENT INC</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>INST</BusinessNameControlTxt>
      <PhoneNum>6014279311</PhoneNum>
      <USAddress>
        <AddressLine1Txt>750 WOODLANDS PKWY 201</AddressLine1Txt>
        <CityNm>RIDGELAND</CityNm>
        <StateAbbreviationCd>MS</StateAbbreviationCd>
        <ZIPCd>391575222</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ASHBY FOOTE III</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>6019494701</PhoneNum>
      <SignatureDt>2026-08-10</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>1</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>KATIE HOGGATT CPA</PreparerPersonNm>
      <PTIN>P01340185</PTIN>
      <PhoneNum>6019482924</PhoneNum>
      <PreparationDt>2026-08-10</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>8255287</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>89</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>89</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>154954</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>154954</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>858629</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>4498401</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>858629</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1013672</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1013672</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>25420</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>0</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>21607</OthEmplSlrsWgsDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">15655</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesDsbrsChrtblAmt>11741</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">21917</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>5479</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>10959</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">119925</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>0</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>116925</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">48018</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>12</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>1653</TaxesDsbrsChrtblAmt>
        <OccupancyRevAndExpnssAmt>13500</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>0</OccupancyNetInvstIncmAmt>
        <OccupancyDsbrsChrtblAmt>11475</OccupancyDsbrsChrtblAmt>
        <PrintingAndPubRevAndExpnssAmt>1580</PrintingAndPubRevAndExpnssAmt>
        <PrintingAndPubNetInvstIncmAmt>0</PrintingAndPubNetInvstIncmAmt>
        <PrintingAndPubDsbrsChrtblAmt>1580</PrintingAndPubDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">96964</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>50447</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>44889</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>342979</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>55938</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>220829</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>275000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>275000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>617979</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>55938</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>495829</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>395693</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>957734</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>159965</CashBOYAmt>
        <CashEOYAmt>113127</CashEOYAmt>
        <CashEOYFMVAmt>113127</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>670937</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>772858</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>772858</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>7112380</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">5746578</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>7369302</CorporateStockEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>6243</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>6243</LandBldgEquipAccumDeprecAmt>
        <TotalAssetsBOYAmt>7943282</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>6632563</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>8255287</TotalAssetsEOYFMVAmt>
        <AccountsPayableEOYAmt>900</AccountsPayableEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc2065700001">2229</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc2065700001">401</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>2229</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>1301</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>7941053</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>6631262</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>7941053</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>6631262</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>7943282</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>6632563</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>7941053</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>395693</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>8336746</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">1705484</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>6631262</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <GrossSalesPriceAmt>2171514</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2188901</CostOrOtherBasisAmt>
          <GainOrLossAmt>-17387</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-17387</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <GrossSalesPriceAmt>2326887</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1450871</CostOrOtherBasisAmt>
          <GainOrLossAmt>876016</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>876016</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>858629</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>13313</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>13313</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>13313</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>21721</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>21721</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1192000001">X</Form2220AttachedInd>
        <EsPenaltyAmt>13</EsPenaltyAmt>
        <OverpaymentAmt>8395</OverpaymentAmt>
        <AppliedToESTaxAmt>8395</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MS</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd referenceDocumentId="RetDoc2205000001">1</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>BIGGERPIEFORUM.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>ASHBY FOOTE III</IndividualWithBooksNm>
        <PhoneNum>6019811773</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>750 WOODLANDS PKWY SUITE 201</AddressLine1Txt>
          <CityNm>RIDGELAND</CityNm>
          <StateAbbreviationCd>MS</StateAbbreviationCd>
          <ZIPCd>39157</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>J KELLEY WILLIAMS</PersonNm>
          <USAddress>
            <AddressLine1Txt>750 WOODLANDS PKWY SUITE 201</AddressLine1Txt>
            <CityNm>RIDGELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39157</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIRMAN</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.30</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ASHBY FOOTE III</PersonNm>
          <USAddress>
            <AddressLine1Txt>750 WOODLANDS PKWY SUITE 201</AddressLine1Txt>
            <CityNm>RIDGELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39157</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.30</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BRUCE DEER</PersonNm>
          <USAddress>
            <AddressLine1Txt>750 WOODLANDS PKWY SUITE 201</AddressLine1Txt>
            <CityNm>RIDGELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39157</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.30</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KELLEY WILLIAMS JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>750 WOODLANDS PKWY SUITE 201</AddressLine1Txt>
            <CityNm>RIDGELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39157</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER &amp; SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.30</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>JENNIFER BURRELL-ROLLINS</PersonNm>
          <USAddress>
            <AddressLine1Txt>272 HIDDEN HILLS PKWY</AddressLine1Txt>
            <CityNm>BRANDON</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39047</ZIPCd>
          </USAddress>
          <TitleTxt>ADMINSTRATOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>85680</CompensationAmt>
          <EmployeeBenefitsAmt>0</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>7019452</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>821603</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>7841055</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>7841055</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>117616</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>7723439</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>386172</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>386172</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>13313</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>13313</TotalTaxAmt>
        <DistributableBeforeAdjAmt>372859</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>372859</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>372859</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>495829</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>495829</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>372859</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>33258</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>95117</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>164689</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>162466</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>196735</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>652265</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>495829</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>372859</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>122970</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>775235</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>33258</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>741977</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>95117</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>164689</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>162466</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>196735</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>122970</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN DREAM LEGAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1614</AddressLine1Txt>
            <CityNm>RIDGELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39158</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>125000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAGNOLIA TRIBUNE INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 649</AddressLine1Txt>
            <CityNm>FLORA</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39071</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>275000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>89</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>154954</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>858629</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>1013672</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1013672</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>21917</Amt>
        <NetInvestmentIncomeAmt>5479</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>10959</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>ACI WORLDWIDE INC</StockNm>
        <EOYBookValueAmt>2542</EOYBookValueAmt>
        <EOYFMVAmt>3694</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALLIENT INC</StockNm>
        <EOYBookValueAmt>2987</EOYBookValueAmt>
        <EOYFMVAmt>5102</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALASKA AIR GROUP</StockNm>
        <EOYBookValueAmt>2549</EOYBookValueAmt>
        <EOYFMVAmt>2837</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALEXANDER &amp; BALDWIN INC</StockNm>
        <EOYBookValueAmt>1685</EOYBookValueAmt>
        <EOYFMVAmt>1637</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC</StockNm>
        <EOYBookValueAmt>35593</EOYBookValueAmt>
        <EOYFMVAmt>87335</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALTRIA GROUP INC</StockNm>
        <EOYBookValueAmt>30240</EOYBookValueAmt>
        <EOYFMVAmt>40891</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON.COM INC</StockNm>
        <EOYBookValueAmt>43835</EOYBookValueAmt>
        <EOYFMVAmt>75971</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN EXPRESS CO</StockNm>
        <EOYBookValueAmt>38102</EOYBookValueAmt>
        <EOYFMVAmt>71747</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC</StockNm>
        <EOYBookValueAmt>27840</EOYBookValueAmt>
        <EOYFMVAmt>27091</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMPHENOL CORP NEW CL A</StockNm>
        <EOYBookValueAmt>39283</EOYBookValueAmt>
        <EOYFMVAmt>44674</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC</StockNm>
        <EOYBookValueAmt>11104</EOYBookValueAmt>
        <EOYFMVAmt>50671</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLIED MATERIALS INC COM</StockNm>
        <EOYBookValueAmt>6942</EOYBookValueAmt>
        <EOYFMVAmt>58351</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AQR DIVERSIFYING STRAT-I</StockNm>
        <EOYBookValueAmt>98715</EOYBookValueAmt>
        <EOYFMVAmt>103855</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARISTA NETWORKS INC NPV</StockNm>
        <EOYBookValueAmt>33369</EOYBookValueAmt>
        <EOYFMVAmt>43713</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARTISAN PARTNERS ASSET MA - A</StockNm>
        <EOYBookValueAmt>2329</EOYBookValueAmt>
        <EOYFMVAmt>2257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARTIVION INC. (FORMER CRYOLIFE)</StockNm>
        <EOYBookValueAmt>2162</EOYBookValueAmt>
        <EOYFMVAmt>2117</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASTEC INDUSTRIES COM</StockNm>
        <EOYBookValueAmt>2353</EOYBookValueAmt>
        <EOYFMVAmt>2551</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ATMOS ENERGY CORP</StockNm>
        <EOYBookValueAmt>13046</EOYBookValueAmt>
        <EOYFMVAmt>21515</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AUTOMATIC DATA PROCESSING INC COM</StockNm>
        <EOYBookValueAmt>20652</EOYBookValueAmt>
        <EOYFMVAmt>24361</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AUTOZONE INC COM</StockNm>
        <EOYBookValueAmt>17521</EOYBookValueAmt>
        <EOYFMVAmt>34322</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AXON ENTERPRISE INC</StockNm>
        <EOYBookValueAmt>29497</EOYBookValueAmt>
        <EOYFMVAmt>27270</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AXOS FINANCIAL INC</StockNm>
        <EOYBookValueAmt>939</EOYBookValueAmt>
        <EOYFMVAmt>2116</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AZZ INC</StockNm>
        <EOYBookValueAmt>2403</EOYBookValueAmt>
        <EOYFMVAmt>2292</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK GLOB EQ MARK NEUTRAL F-IN</StockNm>
        <EOYBookValueAmt>52607</EOYBookValueAmt>
        <EOYFMVAmt>52618</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK SYST MULTI STR INST</StockNm>
        <EOYBookValueAmt>130795</EOYBookValueAmt>
        <EOYFMVAmt>134260</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOOKING HOLDINGS INC</StockNm>
        <EOYBookValueAmt>23943</EOYBookValueAmt>
        <EOYFMVAmt>32396</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOOT BARN HOLDINGS INC</StockNm>
        <EOYBookValueAmt>362</EOYBookValueAmt>
        <EOYFMVAmt>2983</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BREAD FINANCIAL HOLDINGS INC</StockNm>
        <EOYBookValueAmt>2746</EOYBookValueAmt>
        <EOYFMVAmt>3681</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRINKER INTL INC COM</StockNm>
        <EOYBookValueAmt>2139</EOYBookValueAmt>
        <EOYFMVAmt>1774</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM INC</StockNm>
        <EOYBookValueAmt>43844</EOYBookValueAmt>
        <EOYFMVAmt>97323</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BUILDERS FIRSTSOURCE INC</StockNm>
        <EOYBookValueAmt>23371</EOYBookValueAmt>
        <EOYFMVAmt>36860</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CALIFORNIA RESOURCES CORP COM STOCK</StockNm>
        <EOYBookValueAmt>2245</EOYBookValueAmt>
        <EOYFMVAmt>2499</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CAPITAL ONE FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>27854</EOYBookValueAmt>
        <EOYFMVAmt>33162</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARETRUST REIT INC</StockNm>
        <EOYBookValueAmt>1436</EOYBookValueAmt>
        <EOYFMVAmt>2185</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARGURUS INC COM CL A</StockNm>
        <EOYBookValueAmt>1649</EOYBookValueAmt>
        <EOYFMVAmt>1936</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CASEYS GEN STORES INC</StockNm>
        <EOYBookValueAmt>27347</EOYBookValueAmt>
        <EOYFMVAmt>34485</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CATALYST PHARMACEUTICALS INC</StockNm>
        <EOYBookValueAmt>1304</EOYBookValueAmt>
        <EOYFMVAmt>2069</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CATERPILLAR INC</StockNm>
        <EOYBookValueAmt>25682</EOYBookValueAmt>
        <EOYFMVAmt>36263</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENCORA INC</StockNm>
        <EOYBookValueAmt>25502</EOYBookValueAmt>
        <EOYFMVAmt>40629</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENTRAL PACIFIC FINANCIAL CO</StockNm>
        <EOYBookValueAmt>1917</EOYBookValueAmt>
        <EOYFMVAmt>2731</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHORD ENERGY CORPORATION</StockNm>
        <EOYBookValueAmt>2544</EOYBookValueAmt>
        <EOYFMVAmt>1987</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CINTAS CORP</StockNm>
        <EOYBookValueAmt>21918</EOYBookValueAmt>
        <EOYFMVAmt>30584</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYSTEMS INC</StockNm>
        <EOYBookValueAmt>57622</EOYBookValueAmt>
        <EOYFMVAmt>68831</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CLEARWAY ENERGY INC CL C</StockNm>
        <EOYBookValueAmt>1660</EOYBookValueAmt>
        <EOYFMVAmt>1723</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CLOUDFLARE INC CL A</StockNm>
        <EOYBookValueAmt>38751</EOYBookValueAmt>
        <EOYFMVAmt>51072</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COBE GLOBAL MARKETS INC</StockNm>
        <EOYBookValueAmt>30262</EOYBookValueAmt>
        <EOYFMVAmt>32618</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COLGATE PALMOLIVE CO STOCK</StockNm>
        <EOYBookValueAmt>28139</EOYBookValueAmt>
        <EOYFMVAmt>25821</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONOCOPHILLIPS</StockNm>
        <EOYBookValueAmt>12349</EOYBookValueAmt>
        <EOYFMVAmt>17688</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CORCEPT THERAPEUTICS INC</StockNm>
        <EOYBookValueAmt>400</EOYBookValueAmt>
        <EOYFMVAmt>3075</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COSTCO WHOLESALE CORP</StockNm>
        <EOYBookValueAmt>60063</EOYBookValueAmt>
        <EOYFMVAmt>58315</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CROCS INC</StockNm>
        <EOYBookValueAmt>430</EOYBookValueAmt>
        <EOYFMVAmt>1671</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CUSHMAN &amp; WAKEFIELD PLC</StockNm>
        <EOYBookValueAmt>2292</EOYBookValueAmt>
        <EOYFMVAmt>2452</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DARDEN RESTAURANTS INC</StockNm>
        <EOYBookValueAmt>35478</EOYBookValueAmt>
        <EOYFMVAmt>30838</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DAUCH CORPORATION</StockNm>
        <EOYBookValueAmt>1773</EOYBookValueAmt>
        <EOYFMVAmt>1605</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DEERE &amp; CO</StockNm>
        <EOYBookValueAmt>33644</EOYBookValueAmt>
        <EOYFMVAmt>29722</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DELL TECHNOLOGIES CL C</StockNm>
        <EOYBookValueAmt>34375</EOYBookValueAmt>
        <EOYFMVAmt>45650</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DIODES</StockNm>
        <EOYBookValueAmt>877</EOYBookValueAmt>
        <EOYFMVAmt>1277</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DUOLINGO INC CL A COM</StockNm>
        <EOYBookValueAmt>33156</EOYBookValueAmt>
        <EOYFMVAmt>20598</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EASTGROUP PPTY INC COM</StockNm>
        <EOYBookValueAmt>1342</EOYBookValueAmt>
        <EOYFMVAmt>1354</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EBAY INC</StockNm>
        <EOYBookValueAmt>23960</EOYBookValueAmt>
        <EOYFMVAmt>33106</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EMBECTA CORP.</StockNm>
        <EOYBookValueAmt>2254</EOYBookValueAmt>
        <EOYFMVAmt>2286</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EMCOR GROUP INC COM</StockNm>
        <EOYBookValueAmt>32986</EOYBookValueAmt>
        <EOYFMVAmt>46117</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENERGY SELECT SECTOR</StockNm>
        <EOYBookValueAmt>189957</EOYBookValueAmt>
        <EOYFMVAmt>240503</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENOVA INTERNATIONAL INC</StockNm>
        <EOYBookValueAmt>595</EOYBookValueAmt>
        <EOYFMVAmt>2762</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUINIX</StockNm>
        <EOYBookValueAmt>8224</EOYBookValueAmt>
        <EOYFMVAmt>21147</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXPEDIA GROUP INC</StockNm>
        <EOYBookValueAmt>23833</EOYBookValueAmt>
        <EOYFMVAmt>30353</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON MOBIL CORP</StockNm>
        <EOYBookValueAmt>30185</EOYBookValueAmt>
        <EOYFMVAmt>32472</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>F5 INC</StockNm>
        <EOYBookValueAmt>43833</EOYBookValueAmt>
        <EOYFMVAmt>50418</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FABRINET</StockNm>
        <EOYBookValueAmt>2450</EOYBookValueAmt>
        <EOYFMVAmt>4011</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FAIR ISAAC CORP</StockNm>
        <EOYBookValueAmt>9029</EOYBookValueAmt>
        <EOYFMVAmt>32924</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FEDERATED HERMES INTL LEADERS CL IS</StockNm>
        <EOYBookValueAmt>124383</EOYBookValueAmt>
        <EOYFMVAmt>137076</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FEDERATED HERMES MDT MARKET NEUTRAL CL IS</StockNm>
        <EOYBookValueAmt>44975</EOYBookValueAmt>
        <EOYFMVAmt>49812</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FEDEX CORP COM</StockNm>
        <EOYBookValueAmt>36855</EOYBookValueAmt>
        <EOYFMVAmt>35372</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLEX LTD</StockNm>
        <EOYBookValueAmt>33593</EOYBookValueAmt>
        <EOYFMVAmt>47246</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FORTINET INC</StockNm>
        <EOYBookValueAmt>5127</EOYBookValueAmt>
        <EOYFMVAmt>26065</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FOX CORP</StockNm>
        <EOYBookValueAmt>31073</EOYBookValueAmt>
        <EOYFMVAmt>37983</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FROST TOTAL RETURN BOND</StockNm>
        <EOYBookValueAmt>119963</EOYBookValueAmt>
        <EOYFMVAmt>116792</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GE AEROSPACE COM</StockNm>
        <EOYBookValueAmt>45773</EOYBookValueAmt>
        <EOYFMVAmt>55050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GETTY REALTY CORP COM</StockNm>
        <EOYBookValueAmt>1466</EOYBookValueAmt>
        <EOYFMVAmt>1315</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GILEAD SCIENCES INC.</StockNm>
        <EOYBookValueAmt>26124</EOYBookValueAmt>
        <EOYFMVAmt>38184</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOGO</StockNm>
        <EOYBookValueAmt>1264</EOYBookValueAmt>
        <EOYFMVAmt>902</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOLDMAN SACHS GROUP INC COM</StockNm>
        <EOYBookValueAmt>73334</EOYBookValueAmt>
        <EOYFMVAmt>94766</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GREENBRIER COS INC</StockNm>
        <EOYBookValueAmt>2350</EOYBookValueAmt>
        <EOYFMVAmt>2355</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GROUP 1 AUTOMOTIVE</StockNm>
        <EOYBookValueAmt>2135</EOYBookValueAmt>
        <EOYFMVAmt>2188</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HARTFORD INSURANCE GROUP INC COM</StockNm>
        <EOYBookValueAmt>49255</EOYBookValueAmt>
        <EOYFMVAmt>66028</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEIDRICK &amp; STRUGGLES INT'L</StockNm>
        <EOYBookValueAmt>2148</EOYBookValueAmt>
        <EOYFMVAmt>2339</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HNI CORPORATION</StockNm>
        <EOYBookValueAmt>2114</EOYBookValueAmt>
        <EOYFMVAmt>2249</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOWMET AEROSPACE INC</StockNm>
        <EOYBookValueAmt>17933</EOYBookValueAmt>
        <EOYFMVAmt>36303</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INSTEEL INDUSTRIES</StockNm>
        <EOYBookValueAmt>2345</EOYBookValueAmt>
        <EOYFMVAmt>2454</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERDIGITAL INC</StockNm>
        <EOYBookValueAmt>32080</EOYBookValueAmt>
        <EOYFMVAmt>59380</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERNATIONAL BUSINESS MACHINES CORP</StockNm>
        <EOYBookValueAmt>29429</EOYBookValueAmt>
        <EOYFMVAmt>37245</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES CORE S&amp;P 500 ETF</StockNm>
        <EOYBookValueAmt>44712</EOYBookValueAmt>
        <EOYFMVAmt>51536</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ITRON INC COM</StockNm>
        <EOYBookValueAmt>2712</EOYBookValueAmt>
        <EOYFMVAmt>2989</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JABIL INC</StockNm>
        <EOYBookValueAmt>61020</EOYBookValueAmt>
        <EOYFMVAmt>89908</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN CHASE &amp; CO</StockNm>
        <EOYBookValueAmt>23350</EOYBookValueAmt>
        <EOYFMVAmt>35959</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KAISER ALUMINUM CORPORATION</StockNm>
        <EOYBookValueAmt>2514</EOYBookValueAmt>
        <EOYFMVAmt>1929</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KINDER MORGAN INC</StockNm>
        <EOYBookValueAmt>33972</EOYBookValueAmt>
        <EOYFMVAmt>33519</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KLA CORP</StockNm>
        <EOYBookValueAmt>43199</EOYBookValueAmt>
        <EOYFMVAmt>120803</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KOHLS CORP COM</StockNm>
        <EOYBookValueAmt>27283</EOYBookValueAmt>
        <EOYFMVAmt>31124</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LANTHEUS HOLDINGS INC</StockNm>
        <EOYBookValueAmt>840</EOYBookValueAmt>
        <EOYFMVAmt>1590</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LENNOX INTL</StockNm>
        <EOYBookValueAmt>28520</EOYBookValueAmt>
        <EOYFMVAmt>25939</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOUISIANA PACIFIC CORP</StockNm>
        <EOYBookValueAmt>1167</EOYBookValueAmt>
        <EOYFMVAmt>3465</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MAGNOLIA OIL GAS CORP</StockNm>
        <EOYBookValueAmt>1214</EOYBookValueAmt>
        <EOYFMVAmt>1122</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MANULIFE FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>30988</EOYBookValueAmt>
        <EOYFMVAmt>33580</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARATHON PETE CORP</StockNm>
        <EOYBookValueAmt>35375</EOYBookValueAmt>
        <EOYFMVAmt>76711</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MATADOR RESOURCES COMPANY</StockNm>
        <EOYBookValueAmt>2257</EOYBookValueAmt>
        <EOYFMVAmt>1797</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MATTEL INC</StockNm>
        <EOYBookValueAmt>33161</EOYBookValueAmt>
        <EOYFMVAmt>29453</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MCKESSON CORP</StockNm>
        <EOYBookValueAmt>26860</EOYBookValueAmt>
        <EOYFMVAmt>35537</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEDNAX INC.</StockNm>
        <EOYBookValueAmt>2170</EOYBookValueAmt>
        <EOYFMVAmt>2563</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEDPACE HOLDINGS INC</StockNm>
        <EOYBookValueAmt>1741</EOYBookValueAmt>
        <EOYFMVAmt>2571</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>META PLATFORMS INC</StockNm>
        <EOYBookValueAmt>59223</EOYBookValueAmt>
        <EOYFMVAmt>90329</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICRON TECHNOLOGY INC COM</StockNm>
        <EOYBookValueAmt>35204</EOYBookValueAmt>
        <EOYFMVAmt>63080</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>30815</EOYBookValueAmt>
        <EOYFMVAmt>102036</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>27017</EOYBookValueAmt>
        <EOYFMVAmt>33858</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MYR GROUP INC DEL</StockNm>
        <EOYBookValueAmt>1646</EOYBookValueAmt>
        <EOYFMVAmt>1872</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NATURAL GROCERS BY VITA COTTAGE COM</StockNm>
        <EOYBookValueAmt>898</EOYBookValueAmt>
        <EOYFMVAmt>2120</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NETFLIX INC</StockNm>
        <EOYBookValueAmt>37564</EOYBookValueAmt>
        <EOYFMVAmt>70736</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHWEST BANCSHARES INC MD</StockNm>
        <EOYBookValueAmt>2757</EOYBookValueAmt>
        <EOYFMVAmt>2428</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NRG ENERGY INC</StockNm>
        <EOYBookValueAmt>17424</EOYBookValueAmt>
        <EOYFMVAmt>31256</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NVIDIA CORP</StockNm>
        <EOYBookValueAmt>7562</EOYBookValueAmt>
        <EOYFMVAmt>88066</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OFG BANCORP</StockNm>
        <EOYBookValueAmt>1338</EOYBookValueAmt>
        <EOYFMVAmt>3001</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ONTO INNOVATION INC</StockNm>
        <EOYBookValueAmt>770</EOYBookValueAmt>
        <EOYFMVAmt>2455</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORP</StockNm>
        <EOYBookValueAmt>22867</EOYBookValueAmt>
        <EOYFMVAmt>31218</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>O'REILLY AUTOMOTIVE INC</StockNm>
        <EOYBookValueAmt>12715</EOYBookValueAmt>
        <EOYFMVAmt>45172</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OTTER TAIL CORP</StockNm>
        <EOYBookValueAmt>1451</EOYBookValueAmt>
        <EOYFMVAmt>1475</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OWENS CORNING INC</StockNm>
        <EOYBookValueAmt>40692</EOYBookValueAmt>
        <EOYFMVAmt>35082</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PACER DEVELOPED MARKETS INTERNATIONAL CASH COWS 100 ETF</StockNm>
        <EOYBookValueAmt>588921</EOYBookValueAmt>
        <EOYFMVAmt>664519</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PACER US CASH COWS 100 ETF</StockNm>
        <EOYBookValueAmt>630572</EOYBookValueAmt>
        <EOYFMVAmt>661250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PACER US SMALL CAP CASH COWS ETF</StockNm>
        <EOYBookValueAmt>346044</EOYBookValueAmt>
        <EOYFMVAmt>330320</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PACIRA BIOSCIENCES INC</StockNm>
        <EOYBookValueAmt>1229</EOYBookValueAmt>
        <EOYFMVAmt>618</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PALANTIR TECHNOLOGIES INC</StockNm>
        <EOYBookValueAmt>26562</EOYBookValueAmt>
        <EOYFMVAmt>35025</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PALO ALTO NETWORKS INC</StockNm>
        <EOYBookValueAmt>31054</EOYBookValueAmt>
        <EOYFMVAmt>34208</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PATRICK INDUSTRIES INC</StockNm>
        <EOYBookValueAmt>2051</EOYBookValueAmt>
        <EOYFMVAmt>2793</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PDL BIOPHARMA INC COM (DELISTED)</StockNm>
        <EOYBookValueAmt>2</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC</StockNm>
        <EOYBookValueAmt>40396</EOYBookValueAmt>
        <EOYFMVAmt>35545</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PHOTRONICS INC</StockNm>
        <EOYBookValueAmt>2306</EOYBookValueAmt>
        <EOYFMVAmt>1974</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PNC FINANCIAL SERVICES</StockNm>
        <EOYBookValueAmt>23388</EOYBookValueAmt>
        <EOYFMVAmt>38378</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PROGRESSIVE CORP</StockNm>
        <EOYBookValueAmt>16356</EOYBookValueAmt>
        <EOYFMVAmt>34326</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALYS INC</StockNm>
        <EOYBookValueAmt>31669</EOYBookValueAmt>
        <EOYFMVAmt>29245</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUANTA SERVICES INC</StockNm>
        <EOYBookValueAmt>24954</EOYBookValueAmt>
        <EOYFMVAmt>35226</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RALPH LAUREN CORP</StockNm>
        <EOYBookValueAmt>20520</EOYBookValueAmt>
        <EOYFMVAmt>34805</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAMBUS INC DEL COM</StockNm>
        <EOYBookValueAmt>43041</EOYBookValueAmt>
        <EOYFMVAmt>63875</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REGIONAL MANAGEMENT CORP</StockNm>
        <EOYBookValueAmt>2825</EOYBookValueAmt>
        <EOYFMVAmt>3545</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RLI CORP</StockNm>
        <EOYBookValueAmt>944</EOYBookValueAmt>
        <EOYFMVAmt>1631</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROYAL CARIBBEAN CRUISES LTD</StockNm>
        <EOYBookValueAmt>17855</EOYBookValueAmt>
        <EOYFMVAmt>31387</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RTX CORP</StockNm>
        <EOYBookValueAmt>27775</EOYBookValueAmt>
        <EOYFMVAmt>35474</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCANSOURCE INC.</StockNm>
        <EOYBookValueAmt>2751</EOYBookValueAmt>
        <EOYFMVAmt>2287</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SERVISFIRST BANCSHARES INC</StockNm>
        <EOYBookValueAmt>2591</EOYBookValueAmt>
        <EOYFMVAmt>2496</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SHIFT4 PAYMENTS INC CL A</StockNm>
        <EOYBookValueAmt>33898</EOYBookValueAmt>
        <EOYFMVAmt>29257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SILGAN HOLDINGS INC</StockNm>
        <EOYBookValueAmt>33845</EOYBookValueAmt>
        <EOYFMVAmt>26322</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SIMMONS FIRST NATIONAL</StockNm>
        <EOYBookValueAmt>2792</EOYBookValueAmt>
        <EOYFMVAmt>2300</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SNAP ON INC</StockNm>
        <EOYBookValueAmt>32687</EOYBookValueAmt>
        <EOYFMVAmt>34653</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SOUTHSTATE BANK CORP. COM</StockNm>
        <EOYBookValueAmt>2078</EOYBookValueAmt>
        <EOYFMVAmt>2867</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S&amp;P OIL &amp; GAS EXPL</StockNm>
        <EOYBookValueAmt>146308</EOYBookValueAmt>
        <EOYFMVAmt>198300</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPOTIFY TECHNOLOGY SA</StockNm>
        <EOYBookValueAmt>31445</EOYBookValueAmt>
        <EOYFMVAmt>36296</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPRINKLR INC CL A</StockNm>
        <EOYBookValueAmt>1481</EOYBookValueAmt>
        <EOYFMVAmt>1374</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPROUTS FARMERS MARKET INC</StockNm>
        <EOYBookValueAmt>6541</EOYBookValueAmt>
        <EOYFMVAmt>24698</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STERLING INFRASTRUCTURE INC</StockNm>
        <EOYBookValueAmt>426</EOYBookValueAmt>
        <EOYFMVAmt>6114</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STRIDE INC COM</StockNm>
        <EOYBookValueAmt>1507</EOYBookValueAmt>
        <EOYFMVAmt>3128</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SUMMIT HOTEL PROPERTIES INC</StockNm>
        <EOYBookValueAmt>2103</EOYBookValueAmt>
        <EOYFMVAmt>1713</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SUN COUNTRY AIRLINES HOLDINGS IN COM</StockNm>
        <EOYBookValueAmt>1764</EOYBookValueAmt>
        <EOYFMVAmt>1783</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SURMODICS</StockNm>
        <EOYBookValueAmt>1409</EOYBookValueAmt>
        <EOYFMVAmt>1166</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SYNCHRONY</StockNm>
        <EOYBookValueAmt>20885</EOYBookValueAmt>
        <EOYFMVAmt>38083</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SYNOVUS FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>24587</EOYBookValueAmt>
        <EOYFMVAmt>33816</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T ROWE PRICE INTERNATIONAL DISCOVERY - I</StockNm>
        <EOYBookValueAmt>44543</EOYBookValueAmt>
        <EOYFMVAmt>51071</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD</StockNm>
        <EOYBookValueAmt>27015</EOYBookValueAmt>
        <EOYFMVAmt>36028</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TANGER INC</StockNm>
        <EOYBookValueAmt>1361</EOYBookValueAmt>
        <EOYFMVAmt>2301</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TAPESTRY INC</StockNm>
        <EOYBookValueAmt>20551</EOYBookValueAmt>
        <EOYFMVAmt>33740</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TENET</StockNm>
        <EOYBookValueAmt>29831</EOYBookValueAmt>
        <EOYFMVAmt>43248</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TESLA MOTORS</StockNm>
        <EOYBookValueAmt>24948</EOYBookValueAmt>
        <EOYFMVAmt>51588</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T-MOBILE US INC</StockNm>
        <EOYBookValueAmt>20681</EOYBookValueAmt>
        <EOYFMVAmt>34231</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRANE TECHNOLOGIES PLC</StockNm>
        <EOYBookValueAmt>32469</EOYBookValueAmt>
        <EOYFMVAmt>32491</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRI POINTE HOMES INC</StockNm>
        <EOYBookValueAmt>2503</EOYBookValueAmt>
        <EOYFMVAmt>2140</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UBER TECHNOLOGIES INC</StockNm>
        <EOYBookValueAmt>33966</EOYBookValueAmt>
        <EOYFMVAmt>35563</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UFP INDUSTRIES INC COM</StockNm>
        <EOYBookValueAmt>858</EOYBookValueAmt>
        <EOYFMVAmt>2805</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ULTRA CLEAN HOLDINGS INC</StockNm>
        <EOYBookValueAmt>2404</EOYBookValueAmt>
        <EOYFMVAmt>1744</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED PARKS AND RESORTS INC.</StockNm>
        <EOYBookValueAmt>1302</EOYBookValueAmt>
        <EOYFMVAmt>1293</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VEEVA SYSTEMS INC - CLASS A</StockNm>
        <EOYBookValueAmt>30578</EOYBookValueAmt>
        <EOYFMVAmt>38728</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATIONS COM</StockNm>
        <EOYBookValueAmt>35881</EOYBookValueAmt>
        <EOYFMVAmt>34940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VILLAGE SUPER MARKET-CLASS A</StockNm>
        <EOYBookValueAmt>1352</EOYBookValueAmt>
        <EOYFMVAmt>2055</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VISA INC</StockNm>
        <EOYBookValueAmt>22365</EOYBookValueAmt>
        <EOYFMVAmt>37552</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VISTRA CORP COM</StockNm>
        <EOYBookValueAmt>19273</EOYBookValueAmt>
        <EOYFMVAmt>26057</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART INC</StockNm>
        <EOYBookValueAmt>23644</EOYBookValueAmt>
        <EOYFMVAmt>34422</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALT DISNEY WALT CO NEW</StockNm>
        <EOYBookValueAmt>32564</EOYBookValueAmt>
        <EOYFMVAmt>33549</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO &amp; CO NEW COM</StockNm>
        <EOYBookValueAmt>33576</EOYBookValueAmt>
        <EOYFMVAmt>34869</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WOLVERINE WORLDWIDE INC</StockNm>
        <EOYBookValueAmt>2211</EOYBookValueAmt>
        <EOYFMVAmt>2552</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WORTHINGTON STEEL INC. COM SHS</StockNm>
        <EOYBookValueAmt>1609</EOYBookValueAmt>
        <EOYFMVAmt>1550</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>W R BERKLEY CORP</StockNm>
        <EOYBookValueAmt>34540</EOYBookValueAmt>
        <EOYFMVAmt>36318</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>YELP INC.</StockNm>
        <EOYBookValueAmt>2272</EOYBookValueAmt>
        <EOYFMVAmt>1872</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZOETIS</StockNm>
        <EOYBookValueAmt>25190</EOYBookValueAmt>
        <EOYFMVAmt>21211</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>15655</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>11741</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED GAINS/LOSSES ON STOCKS AND BONDS</Desc>
        <Amt>82760</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>ADJUSTMENT TO BOOK VALUE</Desc>
        <Amt>1622724</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING</Desc>
        <RevenueAndExpensesPerBooksAmt>16469</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>16469</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES</Desc>
        <RevenueAndExpensesPerBooksAmt>92</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>10730</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>10730</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>50447</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>50447</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>122</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>8710</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7404</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE/INTERNET</Desc>
        <RevenueAndExpensesPerBooksAmt>723</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>615</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WEB HOSTING AND SOCIAL MEDIA</Desc>
        <RevenueAndExpensesPerBooksAmt>9671</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>9671</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL TAX LIABILITY</Desc>
        <BOYBookValueAmt>2229</BOYBookValueAmt>
        <EOYBookValueAmt>401</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTING FEES</CategoryTxt>
        <Amt>99925</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>99925</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONTRACT FEES</CategoryTxt>
        <Amt>20000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>17000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>46061</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>12</Amt>
        <NetInvestmentIncomeAmt>12</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>1945</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1653</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
    <TransfersToControlledEntities documentId="RetDoc2205000001">
      <TransfersToControlledEntGrp>
        <BusinessName>
          <BusinessNameLine1Txt>BIGGER PIE FORUM LLC (SINGLE MEMBER LLC)</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>750 WOODLANDS PKWY SUITE 201</AddressLine1Txt>
          <CityNm>RIDGELAND</CityNm>
          <StateAbbreviationCd>MS</StateAbbreviationCd>
          <ZIPCd>391575222</ZIPCd>
        </USAddress>
        <EIN>640689319</EIN>
        <Desc>TRANSFERS</Desc>
        <Amt>37500</Amt>
      </TransfersToControlledEntGrp>
      <TotalAmt>37500</TotalAmt>
    </TransfersToControlledEntities>
  </ReturnData>
</Return>