D L Carlson Investment 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AEHR test Systems	COM	00760J108	6,399	318,344	SH		SOLE		97,922	0	220,422
Abbott Labs	COM	002824100	294	2,682	SH		SOLE		487	0	2,195
Accenture PLC	COM	g1151c101	929	3,480	SH		SOLE		795	0	2,685
Adobe Systems	COM	00724F101	1,518	4,512	SH		SOLE		1,006	0	3,506
Advncd Micro Devices Inc	COM	007903107	670	10,349	SH		SOLE		3,505	0	6,844
Albemarle Corp.	COM	012653101	3,481	16,050	SH		SOLE		5,629	0	10,421
Alliant Energy Corp	COM	018802108	1,187	21,501	SH		SOLE		4,558	0	16,943
Alphabet, Inc. Class A	COM	02079K305	10,845	122,919	SH		SOLE		38,754	0	84,165
Alphabet, Inc. Class C	COM	02079K107	913	10,285	SH		SOLE		1,414	0	8,871
Altria Group Inc	COM	02209s103	1,746	38,188	SH		SOLE		23,606	0	14,582
Amazon.com	COM	023135106	10,308	122,712	SH		SOLE		41,616	0	81,096
American Tower Corp	COM	03027x100	5,327	25,145	SH		SOLE		8,664	0	16,481
Amgen	COM	031162100	298	1,134	SH		SOLE		0	0	1,134
Analog Devices Inc.	COM	032654105	229	1,397	SH		SOLE		297	0	1,100
Apple Computer	COM	037833100	22,570	173,712	SH		SOLE		60,279	0	113,433
Archer Daniels Midld	COM	039483102	6,895	74,261	SH		SOLE		26,076	0	48,185
Ares Capital Corp.	COM	04010l103	734	39,745	SH		SOLE		8,810	0	30,935
BCE Inc.	COM	05534b760	469	10,665	SH		SOLE		740	0	9,925
Bank of America	COM	060505104	4,796	144,798	SH		SOLE		52,441	0	92,357
Bank of NY Mellon	COM	064058100	3,135	68,881	SH		SOLE		28,058	0	40,823
Berkshire Hathaway CL B New	COM	084670702	14,713	47,631	SH		SOLE		16,243	0	31,388
Boeing Co	COM	097023105	5,385	28,271	SH		SOLE		10,370	0	17,901
Bristol Myers	COM	110122108	5,505	76,512	SH		SOLE		26,687	0	49,825
Brown-Forman Cl B	COM	115637209	3,156	48,046	SH		SOLE		17,490	0	30,556
CF Industries Holdings	COM	125269100	3,847	45,152	SH		SOLE		16,958	0	28,194
CVS Health Corp.	COM	126650100	8,000	85,843	SH		SOLE		28,936	0	56,907
Canoo Inc.	COM	13803r102	12	10,000	SH		SOLE		0	0	10,000
Chevron Corp	COM	166764100	507	2,823	SH		SOLE		1,389	0	1,434
Consumer Staples SPDR	COM	81369y308	2,488	33,376	SH		SOLE		7,188	0	26,188
Deere & Co	COM	244199105	10,305	24,035	SH		SOLE		8,581	0	15,454
Dominion Res New	COM	25746u109	2,662	43,407	SH		SOLE		17,950	0	25,457
Dow Chemical	COM	260557103	3,123	61,978	SH		SOLE		24,231	0	37,747
Dynatrace, Inc.	COM	268150109	4,517	117,940	SH		SOLE		43,621	0	74,319
EQT Corp.	COM	26884L109	2,456	72,585	SH		SOLE		30,702	0	41,883
Enbridge Inc.	COM	29250N105	359	9,176	SH		SOLE		3,517	0	5,659
Energy Select Spdr	COM	81369y506	15,084	172,453	SH		SOLE		32,344	0	140,109
Exxon Mobil	COM	30231g102	7,330	66,455	SH		SOLE		23,628	0	42,827
Fidelity MSCI Financials ETF	COM	316092501	303	6,313	SH		SOLE		0	0	6,313
Fidelity MSCI Health Care ETF	COM	316092600	450	7,031	SH		SOLE		0	0	7,031
Fidelity National Financial	COM	31620r303	4,792	127,368	SH		SOLE		47,793	0	79,575
First Solar, Inc.	COM	336433107	4,962	33,125	SH		SOLE		11,680	0	21,445
Fluor corp	COM	343412102	8,734	251,993	SH		SOLE		92,263	0	159,730
Ford Motor Co	COM	345370860	9,177	789,074	SH		SOLE		271,648	0	517,426
Fox Corp	COM	35137L105	2,391	78,739	SH		SOLE		32,490	0	46,249
Freeport McMoRan	COM	35671d857	4,331	113,983	SH		SOLE		40,138	0	73,845
Goldmining Inc, Com	COM	38149E101	16	14,000	SH		SOLE		0	0	14,000
Green Energy Renewable	COM	17277D101	0	10,000	SH		SOLE		0	0	10,000
Henry Schein Inc.	COM	806407102	7,278	91,117	SH		SOLE		33,252	0	57,865
Home Depot Inc.	COM	437076102	6,728	21,300	SH		SOLE		7,854	0	13,446
Honeywell Inc.	COM	438516106	666	3,107	SH		SOLE		887	0	2,220
IShares U.S. Industrials ETF	COM	464287754	1,479	15,334	SH		SOLE		2,170	0	13,164
Intercontinentalexchange	COM	45866f104	3,457	33,694	SH		SOLE		19,961	0	13,733
Intuitive Surgical Inc	COM	46120e602	7,373	27,786	SH		SOLE		10,797	0	16,989
Invesco QQQ Trust	COM	46090e103	313	1,174	SH		SOLE		0	0	1,174
Invesco S&P 500 Equal Weight E	COM	46137v357	1,163	8,235	SH		SOLE		1,053	0	7,182
Ishares Dow Jones U.S. Healthc	COM	464287762	1,013	3,572	SH		SOLE		583	0	2,989
Ishares High Dividend Eq Fd	COM	46429b663	264	2,535	SH		SOLE		95	0	2,440
JP Morgan Chase	COM	46625H100	8,468	63,149	SH		SOLE		21,970	0	41,179
Johnson & Johnson	COM	478160104	10,358	58,636	SH		SOLE		20,378	0	38,258
Kraft Heinz Co.	COM	500754106	2,868	70,458	SH		SOLE		26,900	0	43,558
Live Nation Entertainment	COM	538034109	1,901	27,261	SH		SOLE		12,615	0	14,646
Matador Resources Co.	COM	576485205	231	4,035	SH		SOLE		0	0	4,035
Materials Select Sector SPDR	COM	81369y100	1,915	24,658	SH		SOLE		2,827	0	21,831
McDonalds Corp	COM	580135101	664	2,521	SH		SOLE		1,289	0	1,232
Meta Platforms Inc (was Facebo	COM	30303m102	2,863	23,787	SH		SOLE		9,491	0	14,296
Microsoft	COM	594918104	19,814	82,622	SH		SOLE		26,950	0	55,672
Morgan Stanley	COM	617446448	5,692	66,944	SH		SOLE		21,323	0	45,621
Netflix	COM	64110l106	5,756	19,520	SH		SOLE		8,122	0	11,398
Nextera Energy Inc.	COM	65339f101	4,546	54,382	SH		SOLE		18,278	0	36,104
Nextera Energy Partners	COM	65341b106	472	6,730	SH		SOLE		220	0	6,510
Nike Inc. Cl B	COM	654106103	5,624	48,062	SH		SOLE		16,049	0	32,013
Northrop Grumman Corp.	COM	666807102	12,133	22,238	SH		SOLE		8,001	0	14,237
Nucor Corp.	COM	670346105	5,195	39,414	SH		SOLE		15,163	0	24,251
ON Semiconductor Corp	COM	682189105	5,604	89,853	SH		SOLE		32,090	0	57,763
Occidental Petroleum	COM	674599105	3,367	53,446	SH		SOLE		21,281	0	32,165
Old Dominion Freight Line, Inc	COM	679580100	354	1,246	SH		SOLE		481	0	765
PNC Fin'l. Services Group	COM	693475105	4,932	31,227	SH		SOLE		12,148	0	19,079
Pepsico Inc.	COM	713448108	813	4,500	SH		SOLE		1,746	0	2,754
Pfizer Inc.	COM	717081103	283	5,531	SH		SOLE		147	0	5,384
Procter Gamble	COM	742718109	4,582	30,230	SH		SOLE		11,387	0	18,843
Quest Diagnostics Inc.	COM	74834l100	1,685	10,769	SH		SOLE		2,760	0	8,009
Raytheon Technologies Corporat	COM	75513e101	5,029	49,832	SH		SOLE		17,655	0	32,177
Repligen Corp.	COM	759916109	1,582	9,342	SH		SOLE		2,359	0	6,983
Roblox Corp.	COM	771049103	2,656	93,309	SH		SOLE		32,476	0	60,833
SPDR Dow Jones Industrial Aver	COM	78467x109	595	1,795	SH		SOLE		0	0	1,795
SPDR S&P 500 ETF Trust	COM	78462f103	2,696	7,049	SH		SOLE		1,282	0	5,767
SPDR S&P Biotech ETF	COM	78464a870	7,115	85,719	SH		SOLE		30,068	0	55,651
SPDR S&P Oil & Gas	COM	78468R556	1,750	12,879	SH		SOLE		4,045	0	8,834
Schlumberger Ltd	COM	806857108	6,573	122,957	SH		SOLE		44,865	0	78,092
Schwab US Broad Market	COM	808524102	19,220	428,927	SH		SOLE		26,379	0	402,548
Schwab US Large Cap Growth ETF	COM	808524300	464	8,351	SH		SOLE		1,500	0	6,851
Sector SPDR Fincl. Select	COM	81369y605	1,477	43,179	SH		SOLE		6,148	0	37,031
Snowflake Inc.	COM	833445109	2,428	16,915	SH		SOLE		6,834	0	10,081
Southern Company	COM	842587107	3,158	44,217	SH		SOLE		17,600	0	26,617
Spdr S&P Mtl & Mining	COM	78464a755	819	16,447	SH		SOLE		670	0	15,777
Starbucks	COM	855244109	545	5,498	SH		SOLE		545	0	4,953
Target Corp	COM	87612e106	1,917	12,859	SH		SOLE		2,746	0	10,113
Technology Select Sect SPDR	COM	81369y803	243	1,953	SH		SOLE		45	0	1,908
Texas Instruments	COM	882508104	5,931	35,900	SH		SOLE		12,062	0	23,838
Toll Brothers, Inc.	COM	889478103	3,810	76,315	SH		SOLE		28,360	0	47,955
Travelers Companies	COM	89417e109	314	1,677	SH		SOLE		900	0	777
US Bancorp	COM	902973304	250	5,725	SH		SOLE		2,100	0	3,625
Union Pacific Corp.	COM	907818108	372	1,798	SH		SOLE		231	0	1,567
United Health Group Inc.	COM	91324p102	13,249	24,990	SH		SOLE		8,309	0	16,681
Unity Software, Inc.	COM	91332u101	2,337	81,753	SH		SOLE		30,765	0	50,988
Uranium Energy Corp	COM	916896103	39	10,000	SH		SOLE		0	0	10,000
Utilities Select Sector SPDR	COM	81369y886	2,219	31,468	SH		SOLE		6,092	0	25,376
Vanguard Dividend Appreciation	COM	921908844	463	3,051	SH		SOLE		545	0	2,506
Vanguard Small Cap EFT	COM	922908751	287	1,562	SH		SOLE		0	0	1,562
Vanguard Value Index Fd ETF	COM	922908744	227	1,620	SH		SOLE		0	0	1,620
Verizon	COM	92343v104	256	6,496	SH		SOLE		1,870	0	4,626
W P Carey Inc	COM	92936U109	3,292	42,123	SH		SOLE		16,077	0	26,046
WEC Energy Group, Inc.	COM	92939U106	305	3,255	SH		SOLE		2,195	0	1,060
Waste Management Inc.	COM	94106l109	402	2,561	SH		SOLE		273	0	2,288
Wingstop INC	COM	974155103	4,158	30,212	SH		SOLE		10,995	0	19,217
Wolfspeed, Inc. (formerly Cree	COM	977852102	13,266	192,151	SH		SOLE		67,069	0	125,082
iShares Core S&P 500 Index	COM	464287200	1,223	3,184	SH		SOLE		0	0	3,184
iShares DJ US Tech Sec	COM	464287721	465	6,242	SH		SOLE		1,163	0	5,079
iShares MSCI EAFE	COM	464287465	2,287	34,838	SH		SOLE		2,504	0	32,334
iShares MSCI Emerging Mkts ex	COM	46434G764	684	14,401	SH		SOLE		1,086	0	13,315
iShares Russell 2000	COM	464287655	305	1,752	SH		SOLE		0	0	1,752
Bank of Am 4.25 Pref Stock Per	PFD	06055h806	492	29,000	SH		SOLE		12,000	0	17,000
Charles Schwab 4.45 pfd Ser. J	PFD	808513865	584	31,565	SH		SOLE		7,500	0	24,065
First Republic Bank 5.5 pfd	PFD	336158803	1,088	51,300	SH		SOLE		12,800	0	38,500
JP Morgan Chase & Co 4.625 Pfd	PFD	48128b549	1,452	77,095	SH		SOLE		19,975	0	57,120
Morgan Stanley pfd 4.875 Ser l	PFD	61762v804	554	28,080	SH		SOLE		9,080	0	19,000
Wells Fargo 4.75 Pfd. Perpetua	PFD	94988U151	514	28,050	SH		SOLE		8,600	0	19,450
Wells Fargo & Co 7.50 Cv Pfd S	COM	949746804	237	200	SH		SOLE		200	0	0