Avalon Investment & Advisory 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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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
Abbott Laboratories	COM	002824100	2,586,338	25,542	SH		SOLE		0	0	25,542
AbbVie Inc	COM	00287Y109	39,676,235	248,957	SH		SOLE		0	0	248,957
Accenture PLC Ireland	COM	G1151C101	49,144,116	171,947	SH		SOLE		0	0	171,947
Accolade Inc	COM	00437E102	435,987	30,319	SH		SOLE		0	0	30,319
Adaptive Biotechnologies Corp	COM	00650F109	585,367	66,293	SH		SOLE		0	0	66,293
Addus Homecare Corp	COM	006739106	3,772,365	35,335	SH		SOLE		0	0	35,335
Adobe Inc	COM	00724F101	1,437,815	3,731	SH		SOLE		0	0	3,731
Advanced Micro Devices Inc	COM	007903107	16,566,630	169,030	SH		SOLE		0	0	169,030
Air Prods & Chems Inc	COM	009158106	15,744,116	54,817	SH		SOLE		0	0	54,817
Alexandria Real Estate Equity	COM	015271109	16,035,049	127,678	SH		SOLE		0	0	127,678
Alphabet Inc	COM	02079K107	2,688,088	25,847	SH		SOLE		0	0	25,847
Alphabet Inc	COM	02079K305	96,713,807	932,361	SH		SOLE		0	0	932,361
Amazon.com Inc	COM	023135106	39,186,016	379,379	SH		SOLE		0	0	379,379
Ambev SA	COM	02319V103	4,966,559	1,761,191	SH		SOLE		0	0	1,761,191
American Express Co	COM	025816109	14,035,809	85,091	SH		SOLE		0	0	85,091
American Intl Group Inc	COM	026874784	16,043,648	318,579	SH		SOLE		0	0	318,579
American Tower Corp	COM	03027X100	840,450	4,113	SH		SOLE		0	0	4,113
American Water Works Co Inc	COM	030420103	718,439	4,904	SH		SOLE		0	0	4,904
Ameriprise Financial Inc	COM	03076C106	909,533	2,967	SH		SOLE		0	0	2,967
Ametek Inc	COM	031100100	1,352,944	9,309	SH		SOLE		0	0	9,309
Amgen Inc	COM	031162100	24,660,718	102,009	SH		SOLE		0	0	102,009
Antero Resources Corp	COM	03674X106	345,449	14,961	SH		SOLE		0	0	14,961
API Group Corp Stock	COM	00187Y100	4,521,492	201,134	SH		SOLE		0	0	201,134
Apple Inc	COM	037833100	111,756,739	677,724	SH		SOLE		0	0	677,724
Applied Materials Inc	COM	038222105	826,311	6,727	SH		SOLE		0	0	6,727
Arista Networks Inc	COM	040413106	14,361,430	85,556	SH		SOLE		0	0	85,556
ASML Holding NV	COM	N07059210	12,842,979	18,867	SH		SOLE		0	0	18,867
AstraZeneca PLC	COM	046353108	410,491	5,914	SH		SOLE		0	0	5,914
AT&T Inc	COM	00206R102	227,664	11,827	SH		SOLE		0	0	11,827
Automatic Data Processing Inc	COM	053015103	1,287,024	5,781	SH		SOLE		0	0	5,781
Avery Dennison Corp	COM	053611109	927,851	5,186	SH		SOLE		0	0	5,186
Bank America Corp	COM	060505104	25,152,970	879,474	SH		SOLE		0	0	879,474
Bank N S Halifax	COM	064149107	4,601,041	91,363	SH		SOLE		0	0	91,363
Becton Dickinson & Co	COM	075887109	1,295,723	5,234	SH		SOLE		0	0	5,234
Berkshire Hathaway Inc	COM	084670702	68,862,812	223,023	SH		SOLE		0	0	223,023
Berkshire Hathaway Inc	COM	084670108	24,676,800	53	SH		SOLE		0	0	53
BHP Billiton Ltd	COM	088606108	16,612,906	261,992	SH		SOLE		0	0	261,992
Bio Techne Corp	COM	09073M104	720,847	9,716	SH		SOLE		0	0	9,716
BJs Whsl Club	COM	05550J101	7,784,852	102,338	SH		SOLE		0	0	102,338
Black Stone Minerals LP	COM	09225M101	757,717	48,293	SH		SOLE		0	0	48,293
BlackRock Inc	COM	09247X101	2,737,370	4,091	SH		SOLE		0	0	4,091
Boeing Co	COM	097023105	404,109	1,902	SH		SOLE		0	0	1,902
Bristol-Myers Squibb Co	COM	110122108	29,452,477	424,938	SH		SOLE		0	0	424,938
Brixmor Property Group Inc	COM	11120U105	452,436	21,024	SH		SOLE		0	0	21,024
Broadcom Inc	COM	11135F101	32,889,429	51,266	SH		SOLE		0	0	51,266
Brookfield Asset Managmt Ltd C	COM	113004105	7,793,693	238,194	SH		SOLE		0	0	238,194
Brookfield Corp Cl A	COM	11271J107	46,822,174	1,436,704	SH		SOLE		0	0	1,436,704
Brookfield Infrastructure Corp	COM	11275Q107	2,928,275	63,575	SH		SOLE		0	0	63,575
Burford Cap Ltd	COM	G17977110	5,581,096	504,620	SH		SOLE		0	0	504,620
C H Robinson Worldwide Inc	COM	12541W209	43,796,339	440,740	SH		SOLE		0	0	440,740
Cadence Bank Com	COM	12740C103	431,227	20,772	SH		SOLE		0	0	20,772
Cal Maine Foods Inc	COM	128030202	49,357,097	810,594	SH		SOLE		0	0	810,594
Camden Property Trust	COM	133131102	14,813,636	141,298	SH		SOLE		0	0	141,298
Cardinal Health Inc	COM	14149Y108	10,803,543	143,093	SH		SOLE		0	0	143,093
Carlisle Cos Inc	COM	142339100	4,228,397	18,704	SH		SOLE		0	0	18,704
CarMax Inc	COM	143130102	47,033,033	731,690	SH		SOLE		0	0	731,690
Catalent Inc	COM	148806102	510,698	7,772	SH		SOLE		0	0	7,772
Caterpillar Inc	COM	149123101	12,142,288	53,060	SH		SOLE		0	0	53,060
Cavco Industries Inc	COM	149568107	5,782,233	18,198	SH		SOLE		0	0	18,198
Celsius Holdings Inc	COM	15118V207	3,306,248	35,574	SH		SOLE		0	0	35,574
Centene Corp	COM	15135B101	1,046,442	16,555	SH		SOLE		0	0	16,555
Chart Industries Inc	COM	16115Q308	554,017	4,418	SH		SOLE		0	0	4,418
Cheniere Energy Inc	COM	16411R208	496,310	3,149	SH		SOLE		0	0	3,149
Chevron Corp	COM	166764100	82,114,814	503,278	SH		SOLE		0	0	503,278
Chubb Limited	COM	H1467J104	14,190,209	73,078	SH		SOLE		0	0	73,078
Cisco Systems Inc	COM	17275R102	12,695,046	242,851	SH		SOLE		0	0	242,851
Coca-Cola Co	COM	191216100	34,822,210	561,377	SH		SOLE		0	0	561,377
Coca-Cola Consolidated Inc	COM	191098102	270,215	505	SH		SOLE		0	0	505
Comcast Corp	COM	20030N101	848,653	22,386	SH		SOLE		0	0	22,386
Comerica Inc	COM	200340107	550,435	12,677	SH		SOLE		0	0	12,677
Communication Services Sel Sec	COM	81369Y852	244,807	4,223	SH		SOLE		0	0	4,223
ConocoPhillips	COM	20825C104	18,485,718	186,329	SH		SOLE		0	0	186,329
Consumer Discr Select Sector S	COM	81369Y407	478,229	3,198	SH		SOLE		0	0	3,198
Corecard Corporation	COM	45816D100	1,211,708	40,216	SH		SOLE		0	0	40,216
Costco Wholesale Corp	COM	22160K105	12,377,726	24,911	SH		SOLE		0	0	24,911
Coterra Energy Inc	COM	127097103	16,624,449	677,443	SH		SOLE		0	0	677,443
Crown Castle Inc	COM	22822V101	17,109,699	127,837	SH		SOLE		0	0	127,837
Cummins Inc	COM	231021106	70,271,117	294,169	SH		SOLE		0	0	294,169
CVS Health Corp	COM	126650100	15,617,176	210,163	SH		SOLE		0	0	210,163
Danaher Corp	COM	235851102	18,162,838	72,063	SH		SOLE		0	0	72,063
Darden Restaurants Inc	COM	237194105	5,494,390	35,411	SH		SOLE		0	0	35,411
Darling Ingredients Inc	COM	237266101	991,457	16,977	SH		SOLE		0	0	16,977
Deckers Outdoor Corp	COM	243537107	5,488,106	12,208	SH		SOLE		0	0	12,208
Deere & Co	COM	244199105	11,625,462	28,157	SH		SOLE		0	0	28,157
Diageo PLC	COM	25243Q205	489,186	2,700	SH		SOLE		0	0	2,700
Diamond Hill Inv Group Inc New	COM	25264R207	4,039,996	24,547	SH		SOLE		0	0	24,547
Digital Realty Trust Inc	COM	253868103	253,853	2,582	SH		SOLE		0	0	2,582
Discover Financial Services	COM	254709108	42,903,119	434,066	SH		SOLE		0	0	434,066
Disney Walt Co	COM	254687106	11,668,750	116,536	SH		SOLE		0	0	116,536
Dollar General Corp	COM	256677105	547,253	2,600	SH		SOLE		0	0	2,600
Driven Brands Holdings Inc	COM	26210V102	3,368,502	111,135	SH		SOLE		0	0	111,135
Duke Energy Corp	COM	26441C204	20,251,644	209,927	SH		SOLE		0	0	209,927
Emerson Electric Co	COM	291011104	43,717,726	501,695	SH		SOLE		0	0	501,695
Enbridge Inc	COM	29250N105	719,776	18,867	SH		SOLE		0	0	18,867
Energy Select Sector SPDR ETF	COM	81369Y506	2,223,821	26,848	SH		SOLE		0	0	26,848
Energy Transfer LP	COM	29273V100	1,064,888	85,396	SH		SOLE		0	0	85,396
Enterprise Products Partners L	COM	293792107	6,443,910	248,800	SH		SOLE		0	0	248,800
EOG Resources Inc	COM	26875P101	596,878	5,207	SH		SOLE		0	0	5,207
EQT Corp	COM	26884L109	1,077,792	33,776	SH		SOLE		0	0	33,776
Equitrans Midstream Corp	COM	294600101	63,620	11,007	SH		SOLE		0	0	11,007
Equity Commonwealth	COM	294628102	514,416	24,839	SH		SOLE		0	0	24,839
Equity Residential	COM	29476L107	262,080	4,368	SH		SOLE		0	0	4,368
Expedia Inc	COM	30212P303	328,252	3,383	SH		SOLE		0	0	3,383
Exxon Mobil Corp	COM	30231G102	25,238,809	230,155	SH		SOLE		0	0	230,155
Fidelity Covington Tr Consumer	COM	316092303	280,381	6,210	SH		SOLE		0	0	6,210
Figs Inc Cl A	COM	30260D103	2,041,697	329,838	SH		SOLE		0	0	329,838
First Financial Bankshares	COM	32020R109	795,873	24,949	SH		SOLE		0	0	24,949
Firstcash Holdings Inc	COM	33768G107	5,572,539	58,431	SH		SOLE		0	0	58,431
Firstservice Corp	COM	33767E202	3,456,113	24,513	SH		SOLE		0	0	24,513
Fiserv Inc	COM	337738108	24,112,238	213,326	SH		SOLE		0	0	213,326
Fleetcor Technologies Inc	COM	339041105	3,914,852	18,567	SH		SOLE		0	0	18,567
Ford Motor Co	COM	345370860	1,464,728	116,248	SH		SOLE		0	0	116,248
Franco Nevada Corp	COM	351858105	1,008,499	6,917	SH		SOLE		0	0	6,917
General Electric Co New	COM	369604301	273,517	2,861	SH		SOLE		0	0	2,861
General Motors Co	COM	37045V100	778,455	21,223	SH		SOLE		0	0	21,223
Genuine Parts Co	COM	372460105	11,719,970	70,049	SH		SOLE		0	0	70,049
Gilead Sciences Inc	COM	375558103	20,998,388	253,084	SH		SOLE		0	0	253,084
Gold Shares SPDR ETF	COM	78463V107	14,820,666	80,890	SH		SOLE		0	0	80,890
Graham Holdings Co	COM	384637104	371,804	624	SH		SOLE		0	0	624
Granite Ridge Resources Inc	COM	387432107	91,408	15,572	SH		SOLE		0	0	15,572
Grupo Aeroportuario Del Surest	COM	40051E202	5,770,650	18,829	SH		SOLE		0	0	18,829
Guardant Health Inc	COM	40131M109	343,255	14,644	SH		SOLE		0	0	14,644
Halliburton Co	COM	406216101	502,859	15,893	SH		SOLE		0	0	15,893
Health Care Select Sector SPDR	COM	81369Y209	923,179	7,131	SH		SOLE		0	0	7,131
Healthcare Services Group Inc	COM	421906108	2,340,795	168,767	SH		SOLE		0	0	168,767
Hess Corp	COM	42809H107	496,540	3,752	SH		SOLE		0	0	3,752
HF Sinclair Corporation Com	COM	403949100	711,138	14,699	SH		SOLE		0	0	14,699
Home Bancshares Inc	COM	436893200	3,086,851	142,186	SH		SOLE		0	0	142,186
Home Depot Inc	COM	437076102	44,287,609	150,066	SH		SOLE		0	0	150,066
Honeywell Intl Inc	COM	438516106	20,927,529	109,499	SH		SOLE		0	0	109,499
Icon PLC	COM	G4705A100	12,193,853	57,090	SH		SOLE		0	0	57,090
IHS Inc	COM	G4701H109	5,660,826	646,213	SH		SOLE		0	0	646,213
Illumina Inc	COM	452327109	557,655	2,398	SH		SOLE		0	0	2,398
Independent Bank Group Inc	COM	45384B106	313,882	6,772	SH		SOLE		0	0	6,772
Inmode Ltd	COM	M5425M103	5,317,952	166,394	SH		SOLE		0	0	166,394
Intercontinental Exchange Inc	COM	45866F104	1,231,345	11,807	SH		SOLE		0	0	11,807
International Mny Express Inc	COM	46005L101	4,999,954	193,947	SH		SOLE		0	0	193,947
Intl Business Machines	COM	459200101	1,432,118	10,925	SH		SOLE		0	0	10,925
Intuit	COM	461202103	919,369	2,062	SH		SOLE		0	0	2,062
Intuitive Surgical Inc	COM	46120E602	264,922	1,037	SH		SOLE		0	0	1,037
Invesco QQQ Trust	COM	46090E103	719,719	2,243	SH		SOLE		0	0	2,243
Iron Mountain Inc PA	COM	46284V101	18,610,915	351,747	SH		SOLE		0	0	351,747
Ishares Gold Tr iShares New	COM	464285204	1,057,048	28,286	SH		SOLE		0	0	28,286
iShares Inc Core MSCI Emkt ETF	COM	46434G103	1,024,947	21,007	SH		SOLE		0	0	21,007
iShares TR 1 3 Yr Treas Bd ETF	COM	464287457	303,335	3,692	SH		SOLE		0	0	3,692
iShares TR Core Div Grwth ETF	COM	46434V621	255,949	5,120	SH		SOLE		0	0	5,120
iShares TR Core High Dv ETF	COM	46429B663	597,761	5,880	SH		SOLE		0	0	5,880
iShares TR Core MSCI EAFE ETF	COM	46432F842	488,206	7,303	SH		SOLE		0	0	7,303
iShares TR Core S&P Mcp ETF	COM	464287507	312,200	1,248	SH		SOLE		0	0	1,248
iShares TR Core S&P Scp ETF	COM	464287804	1,158,949	11,985	SH		SOLE		0	0	11,985
iShares TR Core S&P Ttl Stk ET	COM	464287150	2,728,541	30,133	SH		SOLE		0	0	30,133
iShares TR Core US Aggbd ETF	COM	464287226	2,512,456	25,215	SH		SOLE		0	0	25,215
iShares TR Iboxx Hi Yd ETF	COM	464288513	9,921,904	131,329	SH		SOLE		0	0	131,329
iShares TR Iboxx Inv Cp ETF	COM	464287242	1,616,073	14,744	SH		SOLE		0	0	14,744
iShares TR MBS ETF	COM	464288588	24,315,959	256,687	SH		SOLE		0	0	256,687
iShares TR MSCI Acwi Ex UD ETF	COM	464288240	1,058,797	21,710	SH		SOLE		0	0	21,710
iShares TR National Mun ETF	COM	464288414	1,238,754	11,498	SH		SOLE		0	0	11,498
iShares TR Rus 1000 ETF	COM	464287622	415,099	1,843	SH		SOLE		0	0	1,843
iShares TR Russell 3000 ETF	COM	464287689	211,869	900	SH		SOLE		0	0	900
iShares TR S&P 500 Grwt ETF	COM	464287309	4,319,795	67,613	SH		SOLE		0	0	67,613
iShares TR S&P Us Pfd Stk ETF	COM	464288687	10,308,723	330,196	SH		SOLE		0	0	330,196
iShares US Treas Bond ETF	COM	46429B267	420,022	17,965	SH		SOLE		0	0	17,965
Janus Detroit Str Tr Henderson	COM	47103U852	31,229,059	668,860	SH		SOLE		0	0	668,860
Janus Henderson AAA CLO ETF	COM	47103U845	4,931,800	99,612	SH		SOLE		0	0	99,612
Johnson & Johnson	COM	478160104	15,854,285	102,286	SH		SOLE		0	0	102,286
JPMorgan Chase & Co	COM	46625H100	48,243,266	370,219	SH		SOLE		0	0	370,219
Kimberly Clark Corp	COM	494368103	16,965,621	126,402	SH		SOLE		0	0	126,402
Kinder Morgan Inc	COM	49456B101	1,222,855	69,838	SH		SOLE		0	0	69,838
Kraft Heinz Co	COM	500754106	14,087,317	364,296	SH		SOLE		0	0	364,296
Lam Research Corp	COM	512807108	119,143,743	224,749	SH		SOLE		0	0	224,749
Landstar Systems Inc	COM	515098101	5,768,802	32,181	SH		SOLE		0	0	32,181
Lauder Estee Cos Inc	COM	518439104	2,498,954	10,139	SH		SOLE		0	0	10,139
Liberty Broadband Corp	COM	530307305	250,165	3,062	SH		SOLE		0	0	3,062
Lilly Eli & Co	COM	532457108	21,344,009	62,151	SH		SOLE		0	0	62,151
Linde PLC	COM	G54950103	32,137,477	90,416	SH		SOLE		0	0	90,416
LKQ Corp	COM	501889208	6,197,120	109,181	SH		SOLE		0	0	109,181
Lockheed Martin Corp	COM	539830109	45,458,738	96,162	SH		SOLE		0	0	96,162
Loews Corp	COM	540424108	241,655	4,165	SH		SOLE		0	0	4,165
Magellan Midstream Partners LP	COM	559080106	1,992,319	36,718	SH		SOLE		0	0	36,718
Magnite Inc	COM	55955D100	1,702,488	183,854	SH		SOLE		0	0	183,854
Magnolia Oil & Gas Corp Cl A	COM	559663109	2,911,876	133,084	SH		SOLE		0	0	133,084
Main Street Capital Corp	COM	56035L104	262,764	6,659	SH		SOLE		0	0	6,659
Marathon Oil Corp	COM	565849106	607,426	25,352	SH		SOLE		0	0	25,352
Marriott Intl Inc	COM	571903202	917,732	5,527	SH		SOLE		0	0	5,527
Martin Marietta Materials Inc	COM	573284106	15,579,100	43,877	SH		SOLE		0	0	43,877
Marvell Technology Inc	COM	573874104	10,299,944	237,874	SH		SOLE		0	0	237,874
MasterCard Incorporated	COM	57636Q104	12,565,685	34,577	SH		SOLE		0	0	34,577
McDonalds Corp	COM	580135101	13,298,140	47,560	SH		SOLE		0	0	47,560
Medtronic PLC	COM	G5960L103	12,922,983	160,295	SH		SOLE		0	0	160,295
Merck & Co Inc	COM	58933Y105	78,383,138	736,753	SH		SOLE		0	0	736,753
Meta Platforms Inc	COM	30303M102	17,671,557	83,380	SH		SOLE		0	0	83,380
MetLife Inc	COM	59156R108	17,359,772	299,616	SH		SOLE		0	0	299,616
Microchip Technology Inc	COM	595017104	441,260	5,267	SH		SOLE		0	0	5,267
Micron Technology Inc	COM	595112103	474,514	7,864	SH		SOLE		0	0	7,864
Microsoft Corp	COM	594918104	94,212,289	326,786	SH		SOLE		0	0	326,786
Mobile Telesystems Public Join	COM	607409109	58,976	10,723	SH		SOLE		0	0	10,723
Morgan Stanley	COM	617446448	66,879,615	761,727	SH		SOLE		0	0	761,727
MPLX LP	COM	55336V100	1,515,766	43,999	SH		SOLE		0	0	43,999
Natural Resource Partners LP	COM	63900P608	261,000	5,000	SH		SOLE		0	0	5,000
Nextera Energy Inc	COM	65339F101	852,128	11,055	SH		SOLE		0	0	11,055
Nextera Energy Partners LP In	COM	65341B106	14,230,902	234,254	SH		SOLE		0	0	234,254
Nike Inc	COM	654106103	2,146,233	17,500	SH		SOLE		0	0	17,500
Norfolk Southern Corp	COM	655844108	1,033,647	4,876	SH		SOLE		0	0	4,876
Northrop Grumman Corp	COM	666807102	211,929	459	SH		SOLE		0	0	459
Novartis AG	COM	66987V109	3,887,000	42,250	SH		SOLE		0	0	42,250
Novo-Nordisk AS	COM	670100205	18,001,758	113,119	SH		SOLE		0	0	113,119
NVIDIA Corp	COM	67066G104	30,742,542	110,676	SH		SOLE		0	0	110,676
O'Reilly Automotive Inc	COM	67103H107	736,066	867	SH		SOLE		0	0	867
Oasis Petroleum Inc New	COM	674215207	6,948,270	51,622	SH		SOLE		0	0	51,622
Oracle Corp	COM	68389X105	13,639,239	146,785	SH		SOLE		0	0	146,785
Paychex Inc	COM	704326107	10,956,765	95,617	SH		SOLE		0	0	95,617
PepsiCo Inc	COM	713448108	64,074,169	351,477	SH		SOLE		0	0	351,477
Perimeter Solutions SA Common	COM	L7579L106	4,174,968	516,704	SH		SOLE		0	0	516,704
Perrigo Co PLC	COM	G97822103	4,572,388	127,471	SH		SOLE		0	0	127,471
Pfizer Inc	COM	717081103	23,836,255	584,222	SH		SOLE		0	0	584,222
Philip Morris Intl Inc	COM	718172109	17,635,311	181,340	SH		SOLE		0	0	181,340
Phillips 66	COM	718546104	48,886,834	482,214	SH		SOLE		0	0	482,214
Pinterest Inc Cl A	COM	72352L106	524,866	19,247	SH		SOLE		0	0	19,247
Plains All American Pipeline L	COM	726503105	486,442	39,009	SH		SOLE		0	0	39,009
Plains Group Hlgs LP	COM	72651A207	1,936,892	147,629	SH		SOLE		0	0	147,629
PNC Financial Services Group I	COM	693475105	9,049,393	71,199	SH		SOLE		0	0	71,199
Price T Rowe Group Inc	COM	74144T108	42,272,105	374,421	SH		SOLE		0	0	374,421
Procter And Gamble Co	COM	742718109	47,459,967	319,187	SH		SOLE		0	0	319,187
Progress Software Corp	COM	743312100	5,991,568	104,292	SH		SOLE		0	0	104,292
Progressive Corp Ohio	COM	743315103	316,452	2,212	SH		SOLE		0	0	2,212
ProLogis Inc	COM	74340W103	10,307,088	82,609	SH		SOLE		0	0	82,609
Prosperity Bancshares Inc	COM	743606105	4,374,825	71,112	SH		SOLE		0	0	71,112
Qualcomm Inc	COM	747525103	638,841	5,007	SH		SOLE		0	0	5,007
Rayonier Inc	COM	754907103	15,578,677	468,391	SH		SOLE		0	0	468,391
Regeneron Pharmaceuticals	COM	75886F107	11,364,518	13,831	SH		SOLE		0	0	13,831
Rimini Str Inc Com	COM	76674Q107	5,002,364	1,214,166	SH		SOLE		0	0	1,214,166
Rockwell Automation Inc	COM	773903109	405,848	1,383	SH		SOLE		0	0	1,383
Russell 2000 Ishares ETF	COM	464287655	8,538,149	47,860	SH		SOLE		0	0	47,860
S&P 500 INDEX Ishares ETF	COM	464287200	24,230,008	58,942	SH		SOLE		0	0	58,942
S&P 500 SPDR ETF	COM	78462F103	61,665,316	150,627	SH		SOLE		0	0	150,627
S&P Global Inc	COM	78409V104	817,138	2,370	SH		SOLE		0	0	2,370
S&P Midcap 400 SPDR ETF	COM	78467Y107	3,481,375	7,594	SH		SOLE		0	0	7,594
Salesforce Inc	COM	79466L302	15,105,566	75,611	SH		SOLE		0	0	75,611
Schlumberger Ltd	COM	806857108	1,389,686	28,303	SH		SOLE		0	0	28,303
Schwab US Dividend Equity ETF	COM	808524797	827,805	11,315	SH		SOLE		0	0	11,315
Semler Scientific Inc	COM	81684M104	3,562,310	132,922	SH		SOLE		0	0	132,922
Sempra	COM	816851109	19,832,408	131,201	SH		SOLE		0	0	131,201
ServiceNow Inc	COM	81762P102	1,468,515	3,160	SH		SOLE		0	0	3,160
Shell PLC Spon ADS	COM	780259305	7,691,659	133,675	SH		SOLE		0	0	133,675
Siteone Landscape Supply Inc	COM	82982L103	3,054,528	22,317	SH		SOLE		0	0	22,317
Sitio Royalties Corp Class A C	COM	82983N108	3,172,057	140,356	SH		SOLE		0	0	140,356
Skyline Champion Corporation C	COM	830830105	5,543,774	73,691	SH		SOLE		0	0	73,691
Sociedad Quimica Minera de Chi	COM	833635105	205,244	2,532	SH		SOLE		0	0	2,532
Sony Corp	COM	835699307	342,566	3,779	SH		SOLE		0	0	3,779
SPDR Dow Jones Industrial Avrg	COM	78467X109	885,102	2,661	SH		SOLE		0	0	2,661
SPDR Series Trust S&P Biotech	COM	78464A870	1,611,773	21,149	SH		SOLE		0	0	21,149
SPDR Series Trust S&P Divid ET	COM	78464A763	3,702,551	29,929	SH		SOLE		0	0	29,929
Spirit Aerosystems Holdings In	COM	848574109	417,884	12,102	SH		SOLE		0	0	12,102
Sprout Social Inc Cl A	COM	85209W109	458,974	7,539	SH		SOLE		0	0	7,539
St Joe Co	COM	790148100	330,966	7,954	SH		SOLE		0	0	7,954
Starbucks Corp	COM	855244109	596,785	5,731	SH		SOLE		0	0	5,731
Sunnova Energy Intl Inc	COM	86745K104	35,447,200	2,269,347	SH		SOLE		0	0	2,269,347
T Mobile US Inc	COM	872590104	12,622,661	87,149	SH		SOLE		0	0	87,149
Taiwan Semiconductor Mfg Ltd	COM	874039100	7,731,543	83,117	SH		SOLE		0	0	83,117
Targa Resources Corp	COM	87612G101	694,651	9,522	SH		SOLE		0	0	9,522
Target Corp	COM	87612E106	33,942,760	204,931	SH		SOLE		0	0	204,931
Technipfmc PLC	COM	G87110105	159,323	11,672	SH		SOLE		0	0	11,672
Technology Select Sector SPDR	COM	81369Y803	1,368,755	9,064	SH		SOLE		0	0	9,064
Teleflex Inc	COM	879369106	771,346	3,045	SH		SOLE		0	0	3,045
Teradata Corp	COM	88076W103	3,048,108	75,673	SH		SOLE		0	0	75,673
Tesla Inc	COM	88160R101	13,545,271	65,291	SH		SOLE		0	0	65,291
Texas Instruments Inc	COM	882508104	75,909,868	408,096	SH		SOLE		0	0	408,096
Texas Pacific Land Corporation	COM	88262P102	381,028	224	SH		SOLE		0	0	224
THE CIGNA GROUP COM	COM	125523100	1,386,375	5,425	SH		SOLE		0	0	5,425
Thermo Fisher Scientific Inc	COM	883556102	16,730,934	29,028	SH		SOLE		0	0	29,028
Third Coast Bancshares Inc	COM	88422P109	278,365	17,719	SH		SOLE		0	0	17,719
TJX Cos Inc	COM	872540109	11,036,632	140,845	SH		SOLE		0	0	140,845
Totalenergies Se	COM	89151E109	473,463	8,018	SH		SOLE		0	0	8,018
Trane Technologies Plc	COM	G8994E103	931,400	5,063	SH		SOLE		0	0	5,063
Truist Financial Corp	COM	89832Q109	9,729,567	285,325	SH		SOLE		0	0	285,325
Unilever PLC	COM	904767704	6,552,112	126,172	SH		SOLE		0	0	126,172
Union Pacific Corp	COM	907818108	17,958,666	89,231	SH		SOLE		0	0	89,231
United Parcel Service Inc	COM	911312106	42,810,877	220,686	SH		SOLE		0	0	220,686
UnitedHealth Group Inc	COM	91324P102	78,824,599	166,793	SH		SOLE		0	0	166,793
Valero Energy Corp	COM	91913Y100	22,612,215	161,979	SH		SOLE		0	0	161,979
Valvoline Inc	COM	92047W101	5,326,568	152,449	SH		SOLE		0	0	152,449
Vaneck Etf Tr	COM	92189F106	258,994	8,006	SH		SOLE		0	0	8,006
Vanguard Bd Index Fd Total Bnd	COM	921937835	219,127	2,968	SH		SOLE		0	0	2,968
Vanguard Dividend Appreciation	COM	921908844	354,998	2,305	SH		SOLE		0	0	2,305
Vanguard Financials ETF	COM	92204A405	495,225	6,358	SH		SOLE		0	0	6,358
Vanguard FTSE Developed Market	COM	921943858	234,950	5,201	SH		SOLE		0	0	5,201
Vanguard Growth ETF	COM	922908736	860,817	3,451	SH		SOLE		0	0	3,451
Vanguard Health Care ETF	COM	92204A504	755,680	3,169	SH		SOLE		0	0	3,169
Vanguard High Dividend Yield E	COM	921946406	852,651	8,082	SH		SOLE		0	0	8,082
Vanguard Index Fds Large Cap E	COM	922908637	373,620	2,000	SH		SOLE		0	0	2,000
Vanguard Industrials ETF	COM	92204A603	397,023	2,084	SH		SOLE		0	0	2,084
Vanguard Real Estate ETF	COM	922908553	435,442	5,244	SH		SOLE		0	0	5,244
Vanguard S&P 500 ETF	COM	922908363	9,992,206	26,570	SH		SOLE		0	0	26,570
Vanguard Short-Term Corporate	COM	92206C409	3,826,746	50,200	SH		SOLE		0	0	50,200
Vanguard Small-Cap Value ETF	COM	922908611	245,443	1,546	SH		SOLE		0	0	1,546
Vanguard Total Stock Market ET	COM	922908769	3,365,201	16,488	SH		SOLE		0	0	16,488
Vanguard Value ETF	COM	922908744	241,002	1,745	SH		SOLE		0	0	1,745
Verizon Communications Inc	COM	92343V104	10,650,528	273,863	SH		SOLE		0	0	273,863
Visa Inc	COM	92826C839	17,173,489	76,171	SH		SOLE		0	0	76,171
Vizio Holding Corp Cl A Com	COM	92858V101	3,127,341	340,669	SH		SOLE		0	0	340,669
Vontier Corporation Com	COM	928881101	62,326,649	2,279,687	SH		SOLE		0	0	2,279,687
Wal-Mart Stores Inc	COM	931142103	11,861,468	80,444	SH		SOLE		0	0	80,444
Walker & Dunlop Inc	COM	93148P102	2,098,540	27,551	SH		SOLE		0	0	27,551
Webster Financial Corp CT	COM	947890109	3,034,222	76,972	SH		SOLE		0	0	76,972
Wells Fargo Co	COM	949746101	46,839,013	1,253,050	SH		SOLE		0	0	1,253,050
Western Midstream Partners Lp	COM	958669103	518,434	19,660	SH		SOLE		0	0	19,660
White Mountains Ins Group Ltd	COM	G9618E107	1,074,442	780	SH		SOLE		0	0	780
Williams Cos Inc	COM	969457100	1,219,025	40,825	SH		SOLE		0	0	40,825
Zoetis Inc	COM	98978V103	472,204	2,837	SH		SOLE		0	0	2,837